2026-09-12T04:19:06-07:00 2024-06-30 990 2023-07-01 853834237 IEC FOUNDATION FOR TRAINING INC IECF 3175621102 8861 Boehning Ln Indianapolis IN 46219 Shaun Heinzelman Treasurer 3176070285 2026-09-12 1 2023 Raul Vasquez 8861 Boehning Ln Indianapolis IN 46219 965410 0 X X 2021 IN Apprentice program for electricians; ongoing skilled updates; educational programs for members; and apprentice training for electricians. 10 10 19 8 0 0 41000 0 824428 955479 9931 -92486 0 772942 965410 0 0 497996 312739 0 0 258952 709360 756948 1022099 15994 -56689 231841 537276 189677 551801 42164 -14525 THE MISSION OF IEC IS TO ENHANCE THE INDEPENDENT ELECTRICAL CONTRACTOR'S SUCCESS BY DEVELOPING A PROFESSIONAL WORKFORCE, COMMUNICATING CLEARLY WITH GOVERNMENT, PROMOTING ETHICAL BUSINESS PRACTICES, AND PROVIDING LEADERSHIP FOR THE ELECTRICAL INDUSTRY. 0 0 899770 1022453 TO ENHANCE THE INDEPENDENT ELECTRICAL CONTRACTOR'S SUCCESS BY DEVELOPING A PROFESSIONAL WORKFORCE, COMMUNICATING CLEARLY WITH GOVERNMENT, PROMOTING ETHICAL BUSINESS PRACTICES, AND PROVIDING LEADERSHIP FOR THE ELECTRICAL INDUSTRY. 0 0 0 899770 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 19 1 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 IN X Raul Vasquez 3175621102 8861 Boehning Ln Indianapolis IN 46219 Raul Vasquez Executive Director 30 10 X X X 125602 0 0 David Kinder President 1 X X 0 0 0 Blake Behr Vice President 0.5 X X 0 0 0 Matt Kinder Secretary 0.5 X X 0 0 0 Shaun Heinzelman Treasurer 0.5 X X 0 0 0 Andy Toth Member 0.5 X 0 0 0 Harry Bean Board Member 0.5 X 0 0 0 Clay Hamilton Board Member 0.5 X 0 0 0 Tony Strack Board Member 0.5 X 0 0 0 Joseph Banfield Board Member 0.5 X 0 0 0 Jordan Cross Board Member 0.5 X 0 0 0 125602 0 0 1 0 0 0 0 0 955479 955479 0 0 955479 9931 9931 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 965410 965410 0 0 125602 125602 161354 121015 40339 25783 19337 6446 625 469 156 2311 1733 578 33205 24904 8301 59567 44675 14892 63300 47475 15825 89735 67301 22434 23563 17672 5891 10863 8148 2715 Textbooks 407181 407181 0 0 Other Business Expenses 19010 14258 4752 0 0 1022099 899770 122329 0 187498 382951 71080 18437 43381 52643 962 101682 231841 537276 14859 99 5725 174818 545977 189677 551801 X 42164 -14525 0 0 42164 -14525 231841 537276 -56689 0 0 0 0 0 X 0 0 0 X 14400 0 14400 824428 1021806 1846234 0 0 0 838828 1021806 1860634 1860634 0 0 0 838828 1021806 1860634 X 0 0 0 0 0 0 0 71080 0 18437 52643 0 0 0 0 0 0 0 0 52643 ROU Asset 101682 101682 ROU Liability 111014 Due to related party 434963 545977 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Bylaws state that the school will not discriminate. Form 990, Part VI, Section A, Line 2 Two officers are a father and son. Form 990, Part VI, Section B, Line 11b Return is reviewed at a board meeting Form 990, Part VI, Section B, Line 12c Reviewed annually Form 990, Part VI, Section B, Line 15 All salaries were determined by the finance committee. Form 990, Part VI, Section C, Line 19 Upon request The organization experienced a transition in leadership during the period in question. A new Executive Director assumed responsibility for the organization and reasonably believed that all required tax filings, including Form 990, had been properly completed and submitted by the organization's previous accounting personnel. The new Executive Director was not aware that the Form 990 had not been filed and had no indication that any filing requirement remained outstanding. The failure to timely file was not due to willful neglect but was the result of an inadvertent oversight during the transition of administrative and financial responsibilities. The organization relied in good faith on the understanding that prior accounting personnel had completed all required filings. Upon becoming aware of the missed filing requirement, the organization acted promptly to correct the matter and ensure that the Form 990 was filed. IEC Foundation for Training, Inc. has consistently sought to comply with all federal filing requirements and has taken steps to strengthen its internal processes and oversight procedures to prevent a similar situation from occurring in the future. These measures include improved tracking of filing deadlines, enhanced communication regarding compliance responsibilities, and increased review of filing obligations during personnel transitions. Given the circumstances, the organization respectfully submits that it exercised ordinary business care and prudence and that the late filing was the result of reasonable cause rather than willful neglect.