Civic Intelligence

Westside Community Development Corporation Inc.

990 • Fiscal year 2023 • EIN 35-1643969

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 08, 2024

Organization ProfileWWW.WCDCINDY.NGO
2226 W Michigan StreetIndianapolis, IN 46222-3865

(317) 759-9088

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$6,236,208

Up $1,168,223 (+23%) from 2022

Net Assets

Up

$5,198,942

Up $1,038,439 (+25%) from 2022

Liabilities

Up

$1,037,266

Up $129,784 (+14%) from 2022

Revenue And Expenses

Revenue

Up

$1,757,830

Up $1,189,878 (+210%) from 2022

Expenses

Up

$719,391

Up $165,940 (+30%) from 2022

Net Income

Up

$1,038,439

Up $1,023,938 (+7061%) from 2022

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $4,768,080Liabilities 2011: $296,632Net Assets 2011: $4,471,4482011Assets 2012: $4,744,149Liabilities 2012: $318,021Net Assets 2012: $4,426,1282012Assets 2013: $4,485,150Liabilities 2013: $244,706Net Assets 2013: $4,240,4442013Assets 2014: $4,372,394Liabilities 2014: $259,634Net Assets 2014: $4,112,7602014Assets 2015: $4,545,656Liabilities 2015: $418,481Net Assets 2015: $4,127,1752015Assets 2016: $4,411,991Liabilities 2016: $490,834Net Assets 2016: $3,921,1572016Assets 2017: $4,279,794Liabilities 2017: $541,129Net Assets 2017: $3,738,6652017Assets 2018: $4,893,486Liabilities 2018: $652,102Net Assets 2018: $4,241,3842018Assets 2019: $4,811,508Liabilities 2019: $537,731Net Assets 2019: $4,273,7772019Assets 2020: $5,601,865Liabilities 2020: $414,436Net Assets 2020: $5,187,4292020Assets 2021: $4,938,332Liabilities 2021: $792,330Net Assets 2021: $4,146,0022021Assets 2022: $5,067,985Liabilities 2022: $907,482Net Assets 2022: $4,160,5032022Assets 2023: $6,236,208Liabilities 2023: $1,037,266Net Assets 2023: $5,198,9422023Assets 2024: $8,478,052Liabilities 2024: $1,820,522Net Assets 2024: $6,657,5302024

Highlighted filing

2023

Assets$6,236,208
Liabilities$1,037,266
Net Assets$5,198,942
Open 2023 Filing

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $1,096,9482011Expenses 2012: $819,4572012Revenue 2013: $698,613Expenses 2013: $864,297Net Income 2013: -$165,6842013Revenue 2014: $636,397Expenses 2014: $764,081Net Income 2014: -$127,6842014Revenue 2015: $916,289Expenses 2015: $901,874Net Income 2015: $14,4152015Revenue 2016: $675,704Expenses 2016: $881,722Net Income 2016: -$206,0182016Revenue 2017: $651,355Expenses 2017: $833,846Net Income 2017: -$182,4912017Revenue 2018: $1,060,944Expenses 2018: $558,225Net Income 2018: $502,7192018Revenue 2019: $894,211Expenses 2019: $861,818Net Income 2019: $32,3932019Revenue 2020: $1,073,570Expenses 2020: $744,834Net Income 2020: $328,7362020Revenue 2021: $1,489,353Expenses 2021: $2,530,780Net Income 2021: -$1,041,4272021Revenue 2022: $567,952Expenses 2022: $553,451Net Income 2022: $14,5012022Revenue 2023: $1,757,830Expenses 2023: $719,391Net Income 2023: $1,038,4392023Revenue 2024: $1,796,645Expenses 2024: $338,057Net Income 2024: $1,458,5882024

Highlighted filing

2023

Revenue$1,757,830
Expenses$719,391
Net Income$1,038,439
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 8, 2024
Return Version
2023v5.1
Gross Receipts
$1,826,381
Mission and Program Overview

Mission

Entity operates housing development programs for low-income individuals and economic development programs for a specified area within the city of Indianapolis, Indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,809,327--
Cash and Non-Interest-Bearing Accounts$218,046$1,095,619▲ $877,573
Investments Other Securities$621,199$613,899▼ $7,300
Land, Buildings, and Equipment, Net$98,338$23,302▼ $75,036
Prepaid Expenses and Deferred Charges$8,412$9,413▲ $1,001
Accounts Receivable$106,299$2,125▼ $104,174
Savings and Temporary Cash Investments$1,177--
Total Assets$5,067,985$6,236,208▲ $1,168,223
Other Assets Total$2,205,187$4,491,850▲ $2,286,663
Liabilities
Mortgage Notes Payable Secured by Investment Property$516,808$512,232▼ $4,576
Deferred Revenue$377,233$503,169▲ $125,936
Accounts Payable and Accrued Expenses$8,545$16,969▲ $8,424
Other Liabilities$4,896$4,896→ $0
Total Liabilities$907,482$1,037,266▲ $129,784
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,160,503$5,198,942▲ $1,038,439
Total Net Assets Fund Balance$4,160,503$5,198,942▲ $1,038,439
Total Liabilities and Net Assets / Fund Balance$5,067,985$6,236,208▲ $1,168,223

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,295$87,921$108,216
Land$2,000-$2,000
Equipment$1,007$387$1,394
Other Assets Org$2,657,895--
Other Securities$613,899--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Beverly Mukes-gaitherChief Executive OfficerFT$90,000$90,000

Board Members and Trustees

NameTitle
Olgen WilliamsPresident
A MontgomeryDirector
Annette AvantDirector
Brigette CollierDirector
Carlena MosesDirector
Carli StevensonDirector
Craig LeekeDirector
Darrell NickolsonDirector
Joanne ClassickDirector
Leigh MccallDirector
Michael RothDirector
Michelle PerryDirector
Paul RaganDirector
Cindy TowSecretary
Tehea HardingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$780,817
Program Service Revenue
$4,800
Investment Income
$971,634
Other Revenue
$579
All Other Contributions
$780,817
Change in Net Assets
$1,038,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,757,830
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,757,830
Total Revenue per Form 990
$1,757,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$411,180
Other Expenses$193,644
Salaries, Compensation, and Employee Benefits$114,567
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$411,180--$411,180
Current Officers, Directors, Trustees, and Key Employees$45,000$45,000-$90,000
Occupancy$5,377$72,927-$78,304
Fees for Services Accounting-$54,567-$54,567
Insurance-$23,058-$23,058
Other Salaries and Wages$7,988$7,987-$15,975
Office Expenses-$14,741-$14,741
Interest-$12,487-$12,487
Payroll Taxes$4,296$4,296-$8,592
Depreciation Depletion$5,365$2,514-$7,879
Conferences and Meetings$975--$975
Advertising-$792-$792
Information Technology-$598-$598
Travel-$243-$243
Total Functional Expenses$480,181$239,210$0$719,391

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$719,391
Total Expenses per Audited Statements$719,391
Total Expenses per Form 990$719,391
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Agent Funds$4,496
Security Deposits$400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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

“Westside community development corporation's form 990 and all related schedules, statements and attachments are reviewed and approved by the executive director and an appropriate representative(s) from the board of director's executive committee prior to finalizing and filing these tax returns with the internal revenue service.”

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

“Westside community development corporation's board of directors approves of all service-providers with which a board member or employee may have a conflict.”

Form 990, Part VI, Section B, Line 15

“Westside community development corporation's board of directors determines and sets all staffing compensation rates after a thorough review of all related issues, consultation with independent persons, review of comparable data and deliberation.”

Form 990, Part VI, Section C, Line 19

“Westside community development corporation makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our executive director and received at our corporate office address.”

Filing and Contact Details

Filer

Filer Name
Westside Community Development
EIN
35-1643969
Phone
3177599088
Address
2226 W MICHIGAN STREET, INDIANAPOLIS, IN 46222-3865

Signing Officer

Name
Beverly Mukes-gaither
Title
Chief Executive Office
Phone
3177599088
Signed
2024-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Mukes-gaither
Formed
1985
Legal Domicile
In
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
16

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
David W Lemler CPA Cgma
Phone
3177456411
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“In 2023, the organization ceased renting previously rehabilitated properties to low-income individuals with the sale of christamore court apartments.”

FORM 990, PART XII, LINE 2C:

“The organization's board of directors assumes the oversight of the audit and selection of an independent accountant. The selection and review process has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“Wcdc is exempt from federal and state income tax under the provisions of section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes was made in the financial statements. Wcdc is classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). Generally accepted accounting principles in the united states require westside cdc to examine its tax positions for uncertain positions. Westside cdc is not aware of any tax positions that are more likely than not to change in the next 12 months, or that would not sustain an examination by applicable taxing authorities. Westside cdc's policy is to recognize penalties and interest as incurred in its statements of activities as a component of operating expenses, which total $0 for the years ended december 31, 2023 and 2022. Westside cdc's federal and state income tax returns are subject to examination by the applicable tax authorities, generally for three years after the later of the original or extended due date.”

Raw XML AppendixShowing 400 of 558 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/BOYAmt08545
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016969
IRS990/AccountsReceivableGrp/BOYAmt0106299
IRS990/AccountsReceivableGrp/EOYAmt02125
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ENTITY OPERATES HOUSING DEVELOPMENT PROGRAMS FOR LOW-INCOME INDIVIDUALS AND ECONOMIC DEVELOPMENT PROGRAMS FOR A SPECIFIED AREA WITHIN THE CITY OF INDIANAPOLIS, INDIANA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0792
IRS990/AdvertisingGrp/TotalAmt0792
IRS990/AllOtherContributionsAmt0780817
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BOOKKEEPING PLUS
IRS990/BooksInCareOfDetail/PhoneNum03174622049
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0232 E MCCLARNON DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046140
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0218046
IRS990/CashNonInterestBearingGrp/EOYAmt01095619
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt045000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt045000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt090000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0975
IRS990/ConferencesMeetingsGrp/TotalAmt0975
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0780817
IRS990/CYGrantsAndSimilarPaidAmt0411180
IRS990/CYInvestmentIncomeAmt0971634
IRS990/CYOtherExpensesAmt0193644
IRS990/CYOtherRevenueAmt0579
IRS990/CYProgramServiceRevenueAmt04800
IRS990/CYRevenuesLessExpensesAmt01038439
IRS990/CYSalariesCompEmpBnftPaidAmt0114567
IRS990/CYTotalExpensesAmt0719391
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01757830
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0377233
IRS990/DeferredRevenueGrp/EOYAmt0503169
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02514
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05365
IRS990/DepreciationDepletionGrp/TotalAmt07879
IRS990/Desc0AFFORDABLE HOMEOWNERSHIP - PLANNED THE CREATION OF 8-UNITS OF HOMEOWNERSHIP IN PARTNERSHIP WITH 4-MBE EMERGING DEVELOPERS FOR 2024- AWARDED A $1,000,000 GRANT FROM THE NATIONAL URBAN LEAGUE-IAAQLI TO CREATE 17-UNITS OF AFFORDABLE HOMEOWNERSHIP UNITS FOR BUYERS WITH INCOME UP TO 120% AMI BY 2025.- AWARDED FUNDING IN THE PREMIERE CITY FUNDED PROGRAM VIA ARPA, VACANT TO VIBRANT, CONVERTING 4-SMALL VACANT LOTS TO 2-UNITS OF HOUSING FOR BUYERS UP TO 80% AMI.- AWARDED INDI FUNDING FROM INHP TO ASSIST WITH THE 2024 BUIL
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt013136
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt054567
IRS990/FeesForServicesAccountingGrp/TotalAmt054567
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
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/AverageHoursPerWeekRt1540.00
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/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0OLGEN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1CINDY TOW
IRS990/Form990PartVIISectionAGrp/PersonNm2TEHEA HARDING
IRS990/Form990PartVIISectionAGrp/PersonNm3ANNETTE AVANT
IRS990/Form990PartVIISectionAGrp/PersonNm4JOANNE CLASSICK
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIGETTE COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm6CRAIG LEEKE
IRS990/Form990PartVIISectionAGrp/PersonNm7LEIGH MCCALL
IRS990/Form990PartVIISectionAGrp/PersonNm8CARLENA MOSES
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELLE PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm10PAUL RAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm12CARLI STEVENSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DARRELL NICKOLSON
IRS990/Form990PartVIISectionAGrp/PersonNm14A MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm15BEVERLY MUKES-GAITHER
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/ReportableCompFromOrgAmt1590000
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
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/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF EXECUTIVE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0856049
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0411180
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0411180
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0924600
IRS990/GrossReceiptsAmt01826381
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0598
IRS990/InformationTechnologyGrp/TotalAmt0598
IRS990/InsuranceGrp/ManagementAndGeneralAmt023058
IRS990/InsuranceGrp/TotalAmt023058
IRS990/InterestGrp/ManagementAndGeneralAmt012487
IRS990/InterestGrp/TotalAmt012487
IRS990/InvestmentIncomeGrp/ExclusionAmt0115585
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0115585
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0621199
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0613899
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01809327
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt088308
IRS990/LandBldgEquipBasisNetGrp/BOYAmt098338
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023302
IRS990/LandBldgEquipCostOrOtherBssAmt0111610
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt068551
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENTITY OPERATES HOUSING DEVELOPMENT PROGRAMS FOR LOW-INCOME INDIVIDUALS AND ECONOMIC DEVELOPMENT PROGRAMS FOR A SPECIFIED AREA WITHIN THE CITY OF INDIANAPOLIS, INDIANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0516808
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0512232
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt04160503
IRS990/NetAssetsOrFundBalancesEOYAmt05198942
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0856049
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0856049
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04160503
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05198942
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt072927
IRS990/OccupancyGrp/ProgramServicesAmt05377
IRS990/OccupancyGrp/TotalAmt078304
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014741
IRS990/OfficeExpensesGrp/TotalAmt014741
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02205187
IRS990/OtherAssetsTotalGrp/EOYAmt04491850
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt04896
IRS990/OtherLiabilitiesGrp/EOYAmt04896
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0579
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0579
IRS990/OtherRevenueTotalAmt0579
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07987
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07988
IRS990/OtherSalariesAndWagesGrp/TotalAmt015975
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04296
IRS990/PayrollTaxesGrp/ProgramServicesAmt04296
IRS990/PayrollTaxesGrp/TotalAmt08592
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08412
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09413
IRS990/PrincipalOfficerNm0BEVERLY MUKES-GAITHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531111
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04800
IRS990/ProgSrvcAccomActy2Grp/Desc0AFFORDABLE RENTAL HOUSING- 35 UNITS OF LOW-INCOME RENTAL HOUSING, CHRISTAMORE COURT APARTMENTS A 34-UNIT APARTMENT BUILDING EXCLUSIVELY FOR SENIORS AND A SINGLE-FAMILY HOME UNIT.- PROPERTY MANAGEMENT SERVICES. - RESYNDICATED APARTMENT BUILIDNG, INCLUDING A $850,000 GRANT AWARD FROM NATIONAL URBAN LEAGUE- IAAQLI, AND $1,000,000 HOME FINANCING FROM THE CITY OF INDIANAPOLIS RESULTING IN THE SELL OF THE APARTMENT BUILIDNG AS A LIHTC PROJECT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0467045
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0411180
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03548
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0208387
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0185741
IRS990/PYInvestmentIncomeAmt0196424
IRS990/PYOtherExpensesAmt0279131
IRS990/PYOtherRevenueAmt064255
IRS990/PYProgramServiceRevenueAmt098886
IRS990/PYRevenuesLessExpensesAmt014501
IRS990/PYSalariesCompEmpBnftPaidAmt088579
IRS990/PYTotalExpensesAmt0553451
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0567952
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01038439
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01831
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0780817
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0208387
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0560352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0639356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0553071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02741983
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0115585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0163962
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0155180
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03295
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0438427
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0579
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt064255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08073
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt079261
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt065253
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0217421
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80700
IRS990ScheduleA/PublicSupportPY170Pct00.83490
IRS990ScheduleA/PublicSupportTotal170Amt02741983
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0780817
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0208387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0560352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0639356
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0553071
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02741983
IRS990ScheduleA/TotalSupportAmt03397831
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/BookValueAmt020295
IRS990ScheduleD/BuildingsGrp/DepreciationAmt087921
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0108216
IRS990ScheduleD/EquipmentGrp/BookValueAmt01007
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0387
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01394
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0719391
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0297753
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1416202
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21120000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32657895
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INTEREST - HOME AND SELLER NOTE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1HOME NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SELLER NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3SELLER AND REHAB NOTE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FISCAL AGENT FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0613899
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT PROPERTIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00

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
$6,236,208
Liabilities
$1,037,266
Net assets
$5,198,942
Revenue
$1,757,830
Expenses
$719,391
Net income
$1,038,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.48$1.82$6.66$1.80$0.34$1.46
2023Detailed filing. Detailed filing data is available for this year.$6.24$1.04$5.20$1.76$0.72$1.04
2022Detailed filing. Detailed filing data is available for this year.$5.07$0.91$4.16$0.57$0.55$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.94$0.79$4.15$1.49$2.53$1.04
2020Detailed filing. Detailed filing data is available for this year.$5.60$0.41$5.19$1.07$0.74$0.33
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.54$4.27$0.89$0.86$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.89$0.65$4.24$1.06$0.56$0.50
2017Detailed filing. Detailed filing data is available for this year.$4.28$0.54$3.74$0.65$0.83$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.41$0.49$3.92$0.68$0.88$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.55$0.42$4.13$0.92$0.90$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.37$0.26$4.11$0.64$0.76$0.13
2013Detailed filing. Detailed filing data is available for this year.$4.49$0.24$4.24$0.70$0.86$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.74$0.32$4.43$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$0.30$4.47$1.10