Civic Intelligence

Downtown Westfield Community Development Corporation

EIN 30-1402274 • 501(c)4 • Indianapolis, IN

Profile

Downtown Westfield Community Development Corporation's (DWCDC)'s mission is to support the redevelopment and revitalization of the City of Westfield by enhancing public spaces, improving infrastructure, and encouraging investment in commercial and residential areas. DWCDC works to improve the social welfare of residents by fostering economic opportunity, cultural enrichment, and community improvement. Through strategic partnerships and targeted assistance, DWCDC helps transform neglected or underutilized areas into areas that reflect the City's long-term vision for growth and sustainability.

1 Indiana Square Suite 2300Indianapolis, IN 46204
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Net Margin

97th percentile

98%

Higher net margin than 97% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

$20,326,623

No earlier filing loaded for comparison.

Liabilities

$549,297

No earlier filing loaded for comparison.

Net Assets

$19,777,326

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue29th percentileNet Margin97th percentile

Revenue

$20,106,478

No earlier filing loaded for comparison.

Expenses

$329,152

No earlier filing loaded for comparison.

Net Income

$19,777,326

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2024: $20,326,623Liabilities 2024: $549,297Net Assets 2024: $19,777,3262024

Highlighted filing

2024

Assets$20,326,623
Liabilities$549,297
Net Assets$19,777,326
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Revenue 2024: $20,106,478Expenses 2024: $329,152Net Income 2024: $19,777,3262024

Highlighted filing

2024

Revenue$20,106,478
Expenses$329,152
Net Income$19,777,326
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$20,326,623
Liabilities
$549,297
Net assets
$19,777,326
Revenue
$20,106,478
Expenses
$329,152
Net income
$19,777,326
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$0.55$19.8$20.1$0.33$19.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 1, 2025
Return Version
2024v5.0
Gross Receipts
$20,802,081
Mission and Program Overview

Mission

Downtown Westfield Community Development Corporation's (DWCDC)'s mission is to support the redevelopment and revitalization of the City of Westfield by enhancing public spaces, improving infrastructure, and encouraging investment in commercial and residential areas. DWCDC works to improve the social welfare of residents by fostering economic opportunity, cultural enrichment, and community improvement. Through strategic partnerships and targeted assistance, DWCDC helps transform neglected or underutilized areas into areas that reflect the City's long-term vision for growth and sustainability.

Downtown Westfield Community Development Corporation (DWCDC) is operated exclusively to promote the social welfare of the City of Westfield's (the City's) residents by advancing redevelopment and revitalization efforts which enhance the community's social, cultural, and economic conditions. DWCDC supports projects that improve public spaces, infrastructure, and facilities; stimulate capital investment; and encourage rehabilitation of commercial and residential properties. By assisting initiatives that beautify the City of Westfield and foster business and employment growth, the organization plays a key role in transforming underutilized areas into vibrant, functional, and inclusive spaces aligned with the City's development goals. All efforts are aimed at benefiting the public and aligning with the City's broader development goals

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$19,777,326▲ $19,777,326
Land, Buildings, and Equipment, Net-$17,285,243-
Savings and Temporary Cash Investments$0$1,527,785▲ $1,527,785
Cash and Non-Interest-Bearing Accounts$0$1,385,796▲ $1,385,796
Inventories for Sale or Use$0$62,363▲ $62,363
Accounts Receivable$0$31,635▲ $31,635
Prepaid Expenses and Deferred Charges$0$8,245▲ $8,245
Pledges and Grants Receivable$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$20,326,623▲ $20,326,623
Other Assets Total-$25,556-
Liabilities
Deferred Revenue-$423,227-
Accounts Payable and Accrued Expenses-$124,042-
Unsecured Notes Loans Payable-$2,028-
Total Liabilities$0$549,297▲ $549,297
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$19,777,326▲ $19,777,326
Total Liabilities and Net Assets / Fund Balance$0$20,326,623▲ $20,326,623

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,725,061$59,293$11,784,354
Land$5,420,205-$5,420,205
Other Land Buildings$99,583$417$100,000
Equipment$34,824$391$35,215
Leasehold Improvements$5,570$0$5,570
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Jim AkePresident
Mark KeenVice President
Chris WhiteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$19,993,252
Program Service Revenue
$0
Investment Income
$-135,997
Other Revenue
$249,223
All Other Contributions
$0
Change in Net Assets
$19,777,326

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial2$650,250Fair Market Value (FMV)
Total Noncash Contributions2$650,250-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$162,712--$162,712
Depreciation Depletion$60,100--$60,100
Office Expenses-$29,705-$29,705
Occupancy$13,754$802-$14,556
Insurance$10,773$1,110-$11,883
Information Technology-$2,327-$2,327
Other Expenses$1,962$0$0$1,962
Travel-$1,710-$1,710
Advertising-$1,283-$1,283
Total Functional Expenses$288,862$40,290$0$329,152
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“All members of the board are presented a copy of the Form 990 for review.”

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

“Compliance with written conflict of interest policies is by the oversight practices of the City of Westfield.”

Form 990, Part VI, Section B, Line 15

“Staff support for Downtown Westfield Community Development Corporation (DWCDC) is provided by the City of Westfield, Indiana. Accordingly, 4CDC operates under the City of Westfield's policies regarding compensation decisions.”

Form 990, Part VI, Section C, Line 19

“The organization makes available all its governing documents and financial statements as required by law. These documents are available via request.”

Filing and Contact Details

Filer

Filer Name
Downtown Westfield Community Development Corporation
EIN
30-1402274
Address
1 Indiana Square Suite 2300, Indianapolis, IN 46204

Signing Officer

Name
Jim Ake
Title
President
Signed
2025-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Ake
Formed
2024
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Craig S Ruby CPA
Address
1720 Duarte Dr, Henderson, NV 89014
Preparer
Craig Ruby
Phone
7254005727
Raw XML AppendixShowing 400 of 407 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/EOYAmt0124042
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt031635
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Downtown Westfield Community Development Corporation (DWCDC) is operated exclusively to promote the social welfare of the City of Westfield's (the City's) residents by advancing redevelopment and revitalization efforts which enhance the community's social, cultural, and economic conditions. DWCDC supports projects that improve public spaces, infrastructure, and facilities; stimulate capital investment; and encourage rehabilitation of commercial and residential properties. By assisting initiatives that beautify the City of Westfield and foster business and employment growth, the organization plays a key role in transforming underutilized areas into vibrant, functional, and inclusive spaces aligned with the City's development goals. All efforts are aimed at benefiting the public and aligning with the City's broader development goals
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01283
IRS990/AdvertisingGrp/TotalAmt01283
IRS990/AllOtherContributionsAmt00
IRS990/ApplicationPendingInd0X
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Downtown Westfield Community Development Corporation
IRS990/BooksInCareOfDetail/PhoneNum03178043170
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0One Indiana Square
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 2300
IRS990/BooksInCareOfDetail/USAddress/CityNm0Indianapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046204
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt00
IRS990/CashNonInterestBearingGrp/EOYAmt01385796
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt00
IRS990/CostOfGoodsSoldAmt045353
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt019993252
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-135997
IRS990/CYOtherExpensesAmt0329152
IRS990/CYOtherRevenueAmt0249223
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt019777326
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0329152
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt020106478
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/EOYAmt0423227
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060100
IRS990/DepreciationDepletionGrp/TotalAmt060100
IRS990/Desc0Golf Course Operations and Community Revitalization Asset: DWCDC operates and maintains a public golf course as part of its broader mission to promote economic development, public beautification, and community revitalization in and around the City of Westfield. The facility serves as a key community asset that attracts residents and visitors, supports local tourism. Through much needed improvements and maintenance of the golf course, DWCDC has contributed to the revitalization of surrounding areas by increasing nearby property values, supporting local businesses, and promoting reinvestment in adjacent public infrastructure. The golf course is also used for public events and community engagement activities. All of which align with DWCDC's exempt purpose to improve the social, cultural, and economic conditions of the community.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0225143
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0162712
IRS990/FeesForServicesManagementGrp/TotalAmt0162712
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Jim Ake
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Keen
IRS990/Form990PartVIISectionAGrp/PersonNm2Chris White
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02024
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt0-163804
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt019993252
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0486446
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt020802081
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt06551
IRS990/GrossSalesOfInventoryAmt070735
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02327
IRS990/InformationTechnologyGrp/TotalAmt02327
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01110
IRS990/InsuranceGrp/ProgramServicesAmt010773
IRS990/InsuranceGrp/TotalAmt011883
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt062363
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt027807
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027807
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt060101
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017285243
IRS990/LandBldgEquipCostOrOtherBssAmt017345344
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0650250
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Downtown Westfield Community Development Corporation's (DWCDC)'s mission is to support the redevelopment and revitalization of the City of Westfield by enhancing public spaces, improving infrastructure, and encouraging investment in commercial and residential areas. DWCDC works to improve the social welfare of residents by fostering economic opportunity, cultural enrichment, and community improvement. Through strategic partnerships and targeted assistance, DWCDC helps transform neglected or underutilized areas into areas that reflect the City's long-term vision for growth and sustainability.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt019777326
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-163804
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-163804
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt025382
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt025382
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt06551
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt06551
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt0650250
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0802
IRS990/OccupancyGrp/ProgramServicesAmt013754
IRS990/OccupancyGrp/TotalAmt014556
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029705
IRS990/OfficeExpensesGrp/TotalAmt029705
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt025556
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Food Service Operations
IRS990/OtherExpensesGrp/Desc1Golf Service Operations
IRS990/OtherExpensesGrp/Desc2Ground and Course Maintenance
IRS990/OtherExpensesGrp/Desc3Member and Social Events
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02473
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1880
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt18709
IRS990/OtherExpensesGrp/ProgramServicesAmt230852
IRS990/OtherExpensesGrp/ProgramServicesAmt31962
IRS990/OtherExpensesGrp/TotalAmt02473
IRS990/OtherExpensesGrp/TotalAmt19589
IRS990/OtherExpensesGrp/TotalAmt230852
IRS990/OtherExpensesGrp/TotalAmt31962
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/Desc0Golf Course Operations
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0217290
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0217290
IRS990/OtherRevenueTotalAmt0217290
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08245
IRS990/PrincipalOfficerNm0Jim Ake
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Public Asset Management and Redevelopment Projects: DWCDC owns and manages real estate and infrastructure assets that support the City of Westfield's long-term redevelopment and public improvement goals. These assets include properties held for future development and revitalization. Related expenses include depreciation and insurance on capital assets that are essential to advancing DWCDC's exempt purpose of stimulating economic growth and enhancing public spaces.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt063719
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt00
IRS990/ReconcilationRevenueExpnssAmt019777326
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt06551
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0249223
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt019777326
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01527785
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt011725061
IRS990ScheduleD/BuildingsGrp/DepreciationAmt059293
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011784354
IRS990ScheduleD/EquipmentGrp/BookValueAmt034824
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0391
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035215
IRS990ScheduleD/LandGrp/BookValueAmt05420205
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05420205
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05570
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05570
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt099583
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0417
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017285243
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt02
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt0650250
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Fair Market Value of the land and buildings granted to Downtown Westfield Community Development Corporation was determined by the Hamilton County (Indiana) assessed value for the properties as of 2024.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule M, Part I, Line 16
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All members of the board are presented a copy of the Form 990 for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compliance with written conflict of interest policies is by the oversight practices of the City of Westfield.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Staff support for Downtown Westfield Community Development Corporation (DWCDC) is provided by the City of Westfield, Indiana. Accordingly, 4CDC operates under the City of Westfield's policies regarding compensation decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes available all its governing documents and financial statements as required by law. These documents are available via request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt020326623
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt020326623
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019993252
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040290
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288862
IRS990/TotalFunctionalExpensesGrp/TotalAmt0329152
IRS990/TotalGrossUBIAmt0217290
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0549297
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0549297
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019777326
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0288862
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-157253
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt053189
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020106478
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0217290
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020326623
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01710
IRS990/TravelGrp/TotalAmt01710
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt02028
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0One Indiana Square
IRS990/USAddress/AddressLine2Txt0Suite 2300
IRS990/USAddress/CityNm0Indianapolis
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046204
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0Downtown Westfield Community Development Corporation filed Form 8868 on May 8, 2025, extending their due date to November 15, 2025 for submission of their 2024 federal tax return.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jim Ake
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Downtown Westfield Community Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0301402274
ReturnHeader/Filer/USAddress/AddressLine1Txt01 Indiana Square Suite 2300
ReturnHeader/Filer/USAddress/CityNm0Indianapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046204
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880331156
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Craig S Ruby CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01720 Duarte Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Henderson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089014
ReturnHeader/PreparerPersonGrp/PhoneNum07254005727

Document Assets

No mirrored PDF or thumbnail assets are attached yet.