Civic Intelligence

Indiana Economic Development Foundation Inc.

990 • Fiscal year 2023 • EIN 20-2664607

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 16, 2025

Organization ProfileIEDC.IN.GOV
1 North Capital AveIndianapolis, IN 46204

(800) 463-8081

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.22x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

8th percentile

-43%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$1,274,371

Up $220,134 (+21%) from 2011

Net Assets

Down

$989,120

Down $65,117 (-6.2%) from 2011

Liabilities

Up

$285,251

Up $285,251 from 2011

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin8th percentile

Revenue

$1,570,847

No earlier filing loaded for comparison.

Expenses

Up

$2,253,710

Up $1,296,316 (+135%) from 2011

Net Income

-$682,863

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,092,815Liabilities 2010: $0Net Assets 2010: $1,092,8152010Assets 2011: $1,054,237Liabilities 2011: $0Net Assets 2011: $1,054,2372011Assets 2023: $1,274,371Liabilities 2023: $285,251Net Assets 2023: $989,1202023Assets 2024: $3,632,673Liabilities 2024: $312,389Net Assets 2024: $3,320,2842024

Highlighted filing

2023

Assets$1,274,371
Liabilities$285,251
Net Assets$989,120
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $754,7182010Expenses 2011: $957,3942011Revenue 2023: $1,570,847Expenses 2023: $2,253,710Net Income 2023: -$682,8632023Revenue 2024: $3,246,134Expenses 2024: $1,158,043Net Income 2024: $2,088,0912024

Highlighted filing

2023

Revenue$1,570,847
Expenses$2,253,710
Net Income-$682,863
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 16, 2025
Return Version
2022v5.0
Gross Receipts
$1,570,847
Mission and Program Overview

Mission

To promote industrial and business development, diversification of indiana's economy, and overall economic growth of indiana; to promote the retention, expansion, growth, and modernization of indiana's businesses; to promote the creation of new jobs, retention of existing jobs, and the development of entrpreneurial activities in indiana; and otherwise to assist the governor and the indiana economic development corporation (iedc) in reaching their economic goals by raising funds from the general public and non-profit foundations and organizations.

To promote industrial and business development, diversification of indiana's economy, and overall economic growth of indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,463,242$871,303▼ $591,939
Pledges and Grants Receivable$621,012$403,068▼ $217,944
Total Assets$2,084,254$1,274,371▼ $809,883
Liabilities
Accounts Payable and Accrued Expenses$412,271$285,251▼ $127,020
Total Liabilities$412,271$285,251▼ $127,020
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,562,749$879,886▼ $682,863
Net Assets With Donor Restrictions$109,234$109,234→ $0
Total Net Assets Fund Balance$1,671,983$989,120▼ $682,863
Total Liabilities and Net Assets / Fund Balance$2,084,254$1,274,371▼ $809,883
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Heidi BabkowskiIedc CFO (begin July 2022)$47,099$47,099

Board Members and Trustees

NameTitle
Gov Eric HolcombChairman
Amy SchumacherDirector
Dayton MolendorpDirector
Dominic GroteDirector
Fred MerrittDirector
Joel GorelickDirector
John LechleiterDirector
John ThompsonDirector
Kristin MarcuccilliDirector
Linda E WhiteDirector
Mark MilesDirector
Michael KubackiDirector
Rick JohnsonDirector
Sue MccloskeyDirector
Robert PagliaIedc CFO (end July 2022)
David RosenbergIedc Exec. VP
Brad ChambersIedc Secretary of Commerce

Highest Paid Contractors

ContractorServicesLocationCompensation
CenterplateEvent Services100 S CAPITOL AVE SUITE 300, Indianapolis, IN 46225$161,137
Circle Block Partners LLC Dba Conrad IndEvent Services50 W WASHINGTON STREET, Indianapolis, IN 46204$121,503
Revenue and Support

Revenue Composition

Contributions and Grants
$1,546,863
Program Service Revenue
$0
Investment Income
$5,411
Other Revenue
$18,573
All Other Contributions
$1,546,863
Change in Net Assets
$-682,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,251,170
Total Fundraising Expense$156,562
Grants and Similar Amounts Paid$2,540
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$1,061,190$14,722-$1,075,912
Payment Travel Entrtnmnt Publicly Ofcl$575,311$143,828-$719,139
Other Expenses-$247,336-$247,336
Fees for Services Other--$156,562$156,562
Advertising$16,749$4,910-$21,659
Occupancy$12,046$6,215-$18,261
Information Technology$1,638$3,598-$5,236
Conferences and Meetings$4,947--$4,947
Grants to Domestic Orgs$2,540--$2,540
Office Expenses$91$1,125-$1,216
Fees for Services Accounting-$902-$902
Total Functional Expenses$1,674,512$422,636$156,562$2,253,710
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,792,731

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesTravel Expenses for Speaking Engagements and State Representation00$772,860
Middle East and North AfricaProgram ServicesTravel Expenses for Speaking Engagements and State Representation00$685,975
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesTravel Expenses for Speaking Engagements and State Representation00$333,896
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is being provided to the board before filing.”

Form 990, Part VI, Section B, Line 12C

“The officers and board of directors are required to disclose conflicts annually per policy. Associated annual training is provided with acknowledgement and with a requirement to upload a current conflict of interest form. The organization maintains a conflict of interest log in a content resource managment system and regulary reviews conflict of interest documents.”

Form 990, Part VI, Section B, Line 15

“While the indiana economic development foundation does not compensate any officers, the officers receive compensation from a related organization, iedc. The iedc process for determining compensation: the officers are paid by the state of indiana. The process for approval is done through the state's strategic hiring committee (shc). The strategic hiring committee (shc) is comprised of representatives from state budget agency (sba), state personnel department (spd), office of management and budget (omb), and the governor's office. The shc is tasked with managing and reviewing position and hiring requests for state agencies. The goal of the committee is to assist in the effective management of agency budgets related to salaries and benefits.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and financial statements are made available to the public upon request and are available on the iedc transparency portal.”

Form 990, Part VI, Section B, Line 13 and 14

“The ied foundation follows the policies set in place by the state of indiana and indiana economic development foundation's related and controlling organization, indiana economic development corporation.”

Filing and Contact Details

Filer

Filer Name
Indiana Economic Development
EIN
20-2664607
Phone
8004638081
Address
1 NORTH CAPITAL AVE, INDIANAPOLIS, IN 46204

Signing Officer

Name
Joshua Richardson
Title
Iedc President
Phone
8004638081
Signed
2025-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Richardson
Formed
2005
Legal Domicile
In
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
13

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
Casse Tate
Phone
3175802000
Supplemental Narrative

Additional Explanations

Form 990- Voluntary Filing

“The indiana economic development foundation (organization) is exempt from filing form 990. The organization applied for exemption from filing and received approval from the irs on june 14, 2011 under revenue procedure 95-48. On april 8, 2025 the governor of the state of indiana issued executive order 25-43 compelling certain organizations to file form 990. As a result, the organization is filing form 990 to comply with this executive order, even though the filing is not required by the internal revenue code..”

FORM 990, PART XII, LINE 2C:

“The process of overseeing the audit and selection of independent accountant has not changed from the prior year.”

Raw XML AppendixShowing 400 of 587 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0412271
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0285251
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE INDUSTRIAL AND BUSINESS DEVELOPMENT, DIVERSIFICATION OF INDIANA'S ECONOMY, AND OVERALL ECONOMIC GROWTH OF INDIANA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04910
IRS990/AdvertisingGrp/ProgramServicesAmt016749
IRS990/AdvertisingGrp/TotalAmt021659
IRS990/AllOtherContributionsAmt01546863
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RYAN MILLER
IRS990/BooksInCareOfDetail/PhoneNum08004638081
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 NORTH CAPITAL AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046204
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt04947
IRS990/ConferencesMeetingsGrp/TotalAmt04947
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0161137
IRS990/ContractorCompensationGrp/CompensationAmt1121503
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0100 S CAPITOL AVE SUITE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt150 W WASHINGTON STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd046225
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd146204
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CENTERPLATE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CIRCLE BLOCK PARTNERS LLC DBA CONRAD IND
IRS990/ContractorCompensationGrp/ServicesDesc0EVENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1EVENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01546863
IRS990/CYGrantsAndSimilarPaidAmt02540
IRS990/CYInvestmentIncomeAmt05411
IRS990/CYOtherExpensesAmt02251170
IRS990/CYOtherRevenueAmt018573
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-682863
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02253710
IRS990/CYTotalFundraisingExpenseAmt0156562
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01570847
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0IN 2022, THE ORGANIZATION CATALYZED HISTORIC ECONOMIC GROWTH ACROSS INDIANA, SECURING $22 BILLION IN NEW COMMITTED CAPITAL INVESTMENT A 260% INCREASE FROM 2021. THIS SUPPORTED 218 BUSINESS PROJECTS AND GENERATED 24,059 EXPECTED NEW JOBS WITH AN AVERAGE WAGE OF $34.71/HOUR, EXCEEDING THE STATE AVERAGE BY 27.6%. THESE RESULTS MARKED NEW RECORDS IN BOTH INVESTMENT AND JOB CREATION. STRATEGIC SECTOR DEVELOPMENT INCLUDED MAJOR ADVANCEMENTS IN MICROELECTRONICS, ELECTRIC VEHICLES, AND CLEAN ENERGY. SIX NEW MICROELECTRONICS INVESTMENTS WERE ANNOUNCED, INCLUDING A $1.8 BILLION SEMICONDUCTOR R&D AND PRODUCTION FACILITY BY SKYWATER TECHNOLOGY AND A NEW DESIGN CENTER BY TAIWAN-BASED MEDIATEK IN PARTNERSHIP WITH PURDUE UNIVERSITY. THE ORGANIZATION ALSO LAUNCHED WESTGATE ONE, A MICROELECTRONICS HUB IN DAVIESS COUNTY, ATTRACTING OVER $300 MILLION IN INVESTMENT AND MORE THAN 500 NEW JOBS. INDIANA'S ELECTRIC VEHICLE SECTOR EXPANDED WITH STELLANTIS AND SAMSUNG SDI'S JOINT VENTURE TO BUILD A NEXT-GEN EV BATTERY FACILITY IN KOKOMO, CREATING 1,400 JOBS. GENERAL MOTORS COMMITTED $491 MILLION TO UPGRADE ITS MARION METAL PLANT, AND SOULBRAIN MI INVESTED $75 MILLION IN LITHIUM-ION BATTERY PRODUCTION. INDIANA RANKED #4 NATIONALLY FOR NEW CLEAN ENERGY PROJECTS, WITH 5,104 MEGAWATTS UNDER DEVELOPMENT. DORAL RENEWABLES BROKE GROUND ON THE SECOND PHASE OF MAMMOTH SOLAR, SET TO BECOME THE LARGEST SOLAR INSTALLATION IN THE U.S., DELIVERING 1.3 GIGAWATTS OF CLEAN ENERGY ACROSS 13,000 ACRES. THE ORGANIZATION ALSO JOINED A SEVEN-STATE MIDWEST COALITION TO PURSUE A REGIONAL HYDROGEN HUB, ADVANCING ENERGY SECURITY AND AFFORDABILITY. THE ORGANIZATION ELEVATED INDIANA'S GLOBAL PRESENCE THROUGH THE INAUGURAL INDIANA GLOBAL ECONOMIC SUMMIT, HELD IN MAY 2022. THE SUMMIT WELCOMED 944 REGISTRANTS, 29 INTERNATIONAL DELEGATIONS, AND 75 SPEAKERS, GENERATING $1.24 MILLION IN SPONSORSHIPS AND $14.9 MILLION IN EARNED MEDIA VALUE. ADDITIONALLY, INDIANA LEADERS PARTICIPATED IN THE UNITED NATIONS CLIMATE CHANGE CONFERENCE (COP27), JOINING GLOBAL CHANGEMAKERS TO PROMOTE CLEAN ENERGY INNOVATION AND ATTRACT INTERNATIONAL INVESTMENT. THESE ACCOMPLISHMENTS POSITIONED INDIANA AS A FORWARD-LOOKING LEADER IN ADVANCED INDUSTRIES, SUSTAINABILITY, AND GLOBAL COLLABORATION DRIVING INCLUSIVE ECONOMIC GROWTH AND PREPARING THE STATE FOR THE ECONOMY OF THE FUTURE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0109234
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0109234
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01674512
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0902
IRS990/FeesForServicesAccountingGrp/TotalAmt0902
IRS990/FeesForServicesOtherGrp/FundraisingAmt0156562
IRS990/FeesForServicesOtherGrp/TotalAmt0156562
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1542859
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1641201
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt179704
IRS990/Form990PartVIISectionAGrp/PersonNm0GOV ERIC HOLCOMB
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDA E WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL KUBACKI
IRS990/Form990PartVIISectionAGrp/PersonNm3JOEL GORELICK
IRS990/Form990PartVIISectionAGrp/PersonNm4DAYTON MOLENDORP
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK MILES
IRS990/Form990PartVIISectionAGrp/PersonNm6FRED MERRITT
IRS990/Form990PartVIISectionAGrp/PersonNm7AMY SCHUMACHER
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm9RICK JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10KRISTIN MARCUCCILLI
IRS990/Form990PartVIISectionAGrp/PersonNm11DOMINIC GROTE
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN LECHLEITER
IRS990/Form990PartVIISectionAGrp/PersonNm13SUE MCCLOSKEY
IRS990/Form990PartVIISectionAGrp/PersonNm14BRAD CHAMBERS
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBERT PAGLIA
IRS990/Form990PartVIISectionAGrp/PersonNm17HEIDI BABKOWSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15206536
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16191578
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1737395
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14IEDC SECRETARY OF COMMERCE
IRS990/Form990PartVIISectionAGrp/TitleTxt15IEDC EXEC. VP
IRS990/Form990PartVIISectionAGrp/TitleTxt16IEDC CFO (END JULY 2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt17IEDC CFO (BEGIN JULY 2022)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantAmt02540
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02540
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02540
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01570847
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03598
IRS990/InformationTechnologyGrp/ProgramServicesAmt01638
IRS990/InformationTechnologyGrp/TotalAmt05236
IRS990/InvestmentIncomeGrp/ExclusionAmt05411
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05411
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE INDUSTRIAL AND BUSINESS DEVELOPMENT, DIVERSIFICATION OF INDIANA'S ECONOMY, AND OVERALL ECONOMIC GROWTH OF INDIANA; TO PROMOTE THE RETENTION, EXPANSION, GROWTH, AND MODERNIZATION OF INDIANA'S BUSINESSES; TO PROMOTE THE CREATION OF NEW JOBS, RETENTION OF EXISTING JOBS, AND THE DEVELOPMENT OF ENTRPRENEURIAL ACTIVITIES IN INDIANA; AND OTHERWISE TO ASSIST THE GOVERNOR AND THE INDIANA ECONOMIC DEVELOPMENT CORPORATION (IEDC) IN REACHING THEIR ECONOMIC GOALS BY RAISING FUNDS FROM THE GENERAL PUBLIC AND NON-PROFIT FOUNDATIONS AND ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01671983
IRS990/NetAssetsOrFundBalancesEOYAmt0989120
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01562749
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0879886
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06215
IRS990/OccupancyGrp/ProgramServicesAmt012046
IRS990/OccupancyGrp/TotalAmt018261
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01125
IRS990/OfficeExpensesGrp/ProgramServicesAmt091
IRS990/OfficeExpensesGrp/TotalAmt01216
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0247336
IRS990/OtherExpensesGrp/TotalAmt0247336
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CREDIT CARD REBATES
IRS990/OtherRevenueMiscGrp/ExclusionAmt018573
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018573
IRS990/OtherRevenueTotalAmt018573
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0621012
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0403068
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOSHUA RICHARDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02595349
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03629
IRS990/PYInvestmentIncomeAmt03137
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt0143828
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt0575311
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt0719139
IRS990/PYOtherExpensesAmt04388783
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1793926
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04392412
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02598486
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-682863
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01463242
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0871303
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2022 AMOUNT: $ 18,573.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01546863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02595349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0804458
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01321217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03020215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09288102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040980
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020306
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt074404
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018573
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018573
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37350
IRS990ScheduleA/PublicSupportPY170Pct00.33770
IRS990ScheduleA/PublicSupportTotal170Amt03504078
IRS990ScheduleA/SubstantialContributorsTotAmt05784024
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01546863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02595349
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0804458
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01321217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03020215
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09288102
IRS990ScheduleA/TotalSupportAmt09381079
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0772860
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1333896
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2685975
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0TRAVEL EXPENSES FOR SPEAKING ENGAGEMENTS AND STATE REPRESENTATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1TRAVEL EXPENSES FOR SPEAKING ENGAGEMENTS AND STATE REPRESENTATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2TRAVEL EXPENSES FOR SPEAKING ENGAGEMENTS AND STATE REPRESENTATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt01792731
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt01792731
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,274,371
Liabilities
$285,251
Net assets
$989,120
Revenue
$1,570,847
Expenses
$2,253,710
Net income
-$682,863
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.31$3.32$3.25$1.16$2.09
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.29$0.99$1.57$2.25$0.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.75
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits