Civic Intelligence

City of Gary Economic Development Corporation

EIN 35-1923681 • 501(c)3 • Gary, IN

Profile

a reduce unemployment by assisting and enabling the retention, attraction and expansion of business, b combat community deterioration by promoting stability, economic growth, and partnerships between government and the business community, c recruit new business into the Gary area, d conduct charitable and educational activities to alleviate blight.

401 Broadway Suite 301Gary, IN 46402

www.cityofgaryedc.com

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.24x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-764%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

20th percentile

-6.9%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-56%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$4,597,572

Down $339,907 (-6.9%) from 2023

Liabilities

Flat

$9,992

Flat from 2023

Net Assets

Down

$4,587,580

Down $339,907 (-6.9%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin1st percentile

Revenue

Down

$41,568

Down $53,457 (-56%) from 2023

Expenses

Down

$358,975

Down $25,632 (-6.7%) from 2023

Net Income

Down

-$317,407

Down $27,825 (-9.6%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $167,043Liabilities 2014: $55,432Net Assets 2014: $111,6112014Assets 2015: $792,576Liabilities 2015: $9,993Net Assets 2015: $782,5832015Assets 2016: $7,923,601Liabilities 2016: $9,993Net Assets 2016: $7,913,6082016Assets 2017: $7,689,822Liabilities 2017: $9,992Net Assets 2017: $7,679,8302017Assets 2018: $7,510,318Liabilities 2018: $9,992Net Assets 2018: $7,500,3262018Assets 2019: $7,348,049Liabilities 2019: $9,992Net Assets 2019: $7,338,0572019Assets 2022: $5,249,561Liabilities 2022: $9,992Net Assets 2022: $5,239,5692022Assets 2023: $4,937,479Liabilities 2023: $9,992Net Assets 2023: $4,927,4872023Assets 2024: $4,597,572Liabilities 2024: $9,992Net Assets 2024: $4,587,5802024

Highlighted filing

2024

Assets$4,597,572
Liabilities$9,992
Net Assets$4,587,580
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $147,586Expenses 2014: $440,391Net Income 2014: -$292,8052014Revenue 2015: $862,335Expenses 2015: $168,863Net Income 2015: $693,4722015Revenue 2016: $8,129,892Expenses 2016: $976,367Net Income 2016: $7,153,5252016Revenue 2017: $242,266Expenses 2017: $453,544Net Income 2017: -$211,2782017Revenue 2018: $505,630Expenses 2018: $662,634Net Income 2018: -$157,0042018Revenue 2019: $248,615Expenses 2019: $341,720Net Income 2019: -$93,1052019Revenue 2022: $95,838Expenses 2022: $1,765,381Net Income 2022: -$1,669,5432022Revenue 2023: $95,025Expenses 2023: $384,607Net Income 2023: -$289,5822023Revenue 2024: $41,568Expenses 2024: $358,975Net Income 2024: -$317,4072024

Highlighted filing

2024

Revenue$41,568
Expenses$358,975
Net Income-$317,407
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$4,597,572
Liabilities
$9,992
Net assets
$4,587,580
Revenue
$41,568
Expenses
$358,975
Net income
-$317,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.60$0.01$4.59$0.04$0.36$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$0.01$4.93$0.10$0.38$0.29
2022Detailed filing. Detailed filing data is available for this year.$5.25$0.01$5.24$0.10$1.77$1.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.35$0.01$7.34$0.25$0.34$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.51$0.01$7.50$0.51$0.66$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.69$0.01$7.68$0.24$0.45$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.92$0.01$7.91$8.13$0.98$7.15
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.01$0.78$0.86$0.17$0.69
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.06$0.11$0.15$0.44$0.29
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$168,381
Mission and Program Overview

Mission

a reduce unemployment by assisting and enabling the retention, attraction and expansion of business, b combat community deterioration by promoting stability, economic growth, and partnerships between government and the business community, c recruit new business into the Gary area, d conduct charitable and educational activities to alleviate blight.

Gary EDC was formed to provide jobs within the City of Gary, IN, by pursuing business attraction, business expansion, and business retention.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,925,739$4,777,860▼ $147,879
Other Notes and Loans Receivable, Net$2,000,000--
Cash and Non-Interest-Bearing Accounts$11,654$467,490▲ $455,836
Savings and Temporary Cash Investments$4,211$4,211→ $0
Total Assets$6,941,604$5,249,561▼ $1,692,043
Liabilities
Accounts Payable and Accrued Expenses$9,992$9,992→ $0
Total Liabilities$9,992$9,992→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,931,612$5,239,569▼ $1,692,043
Total Net Assets Fund Balance$6,931,612$5,239,569▼ $1,692,043
Total Liabilities and Net Assets / Fund Balance$6,941,604$5,249,561▼ $1,692,043

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,777,860$989,658$5,767,518
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ronald BrewerPresident
Carmelita PerryCommissioner
Jackie Rosario-PirtleCommissioner
Oliver GilliamCommissioner
William GodwinCommissioner
Revenue and Support

Revenue Composition

Contributions and Grants
$47,500
Program Service Revenue
$20,362
Investment Income
$25,600
Other Revenue
$2,376
All Other Contributions
$47,500
Change in Net Assets
$-1,669,543

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
Other Non Cash Contri Table1$22,500Fair Market Value
Total Noncash Contributions1$22,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,765,381
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
Other Expenses$31,370$1,475,600-$1,475,600
Depreciation Depletion$147,879--$147,879
Fees for Services Management$46,983--$46,983
Insurance$33,120--$33,120
Fees for Services Accounting-$11,078-$11,078
Fees for Services Legal$5,270--$5,270
Total Functional Expenses$277,904$1,487,477$0$1,765,381
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
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section C, Line 19

“The Gary EDC will provide a copy of its Form 990, annual financial statements, governing documents and conflict of interest statements upon request.”

Filing and Contact Details

Filer

Filer Name
City of Gary Economic Development Corporation
EIN
35-1923681
Address
401 Broadway Suite 301, Gary, IN 46402

Signing Officer

Name
Bill Outlar
Title
Controller
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Outlar
Formed
1992
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Cender & Company LLC
Address
233 East 84th Dr Suite 103, Merrillville, IN 46410-5661
Preparer
Karl J Cender
Phone
2197361800
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 11A 11B

“The Board Members receive a draft copy of the form 990 prior to filing.”

Form 990, Part IV, Section B, Line 12A 12C

“At least annually, the Board of Directors reviews and requests its officers, directors and key employees to disclose any interests that could give rise to conflicts.”

Form 990, Part IV, Section B, Line 15A 15B

“The Board of directors approve all compensation arrangements.”

Raw XML Appendix377 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
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt09992
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09992
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IRS990/ActivityOrMissionDesc0Gary EDC was formed to provide jobs within the City of Gary, IN, by pursuing business attraction, business expansion, and business retention.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt047500
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IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/BooksInCareOfDetail/PhoneNum02198811367
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd046402
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IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
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IRS990/CompensationProcessCEOInd0true
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IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherExpensesAmt01765381
IRS990/CYOtherRevenueAmt02376
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IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01765381
IRS990/CYTotalFundraisingExpenseAmt00
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IRS990/CYTotalRevenueAmt095838
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0147879
IRS990/DepreciationDepletionGrp/TotalAmt0147879
IRS990/Desc0The Gary Economic Development Corporation GEDC leads the City of Garys efforts to develop real estate, attract new businesses, expand and retain existing businesses, job creation, and increase the quality of life for City residents. In 2015, GEDC established a relationship with United Parcel Service, which holds job fairs to employ Gary residents as package handlers at its Hodgkins, IL facility. GEDC also partnered with the City of Gary for Life, an anti-violence initiative to reduce crime and improve residents quality of life. GEDC continued its efforts towards the development of the University Park Neighborhood and Campus Plan to redevelop a 7.5 quare mile footprint surrounding Indiana University and Ivy Tech Community College. GEDC continued its relationship with Carmeuse Lime and Stone to invest 10M into a green facility, and with Garmong Constrcution to build industrial space in the Buffington Harbor area of Gary.
IRS990/DescribedInSection501c3Ind0true
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IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt027821
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
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IRS990/FeesForServicesManagementGrp/ProgramServicesAmt046983
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IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Ronald Brewer
IRS990/Form990PartVIISectionAGrp/PersonNm1Oliver Gilliam
IRS990/Form990PartVIISectionAGrp/PersonNm2Jackie Rosario-Pirtle
IRS990/Form990PartVIISectionAGrp/PersonNm3William Godwin
IRS990/Form990PartVIISectionAGrp/PersonNm4Carmelita Perry
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt2Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt3Commissioner
IRS990/Form990PartVIISectionAGrp/TitleTxt4Commissioner
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025600
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0989658
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt04777860
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IRS990/LegalDomicileStateCd0IN
IRS990/LessRentalExpensesGrp/RealAmt072543
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0areduce unemployment by assisting and enabling the retention, attraction and expansion of business,bcombat community deterioration by promoting stability, economic growth, and partnerships between government and the business community,crecruit new business into the Gary area,dconduct charitable and educational activities to alleviate blight
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/TotalAmt00
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Bank Fees
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Bad Debt Expense
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IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/ProgramServiceRevenueGrp/Desc0Reimbursements
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IRS990/ProgSrvcAccomActy2Grp/Desc0ArtHouse A Social Kitchen is a culinary incubator program created to provide a mechanism for economic and artistic activity in downtown Gary. Through a series of culinary classes and events, ArtHouse has drawn hundreds of people from outside of Gary as a mechanism for tourism, a direct connection to economic development
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09160
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0261529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0294277
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0630806
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt022500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt022500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt022500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt022500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt022500
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0112500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0100519
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0110964
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0127570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0133655
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0472708
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61130
IRS990ScheduleA/PublicSupportTotal170Amt0743306
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt047500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0284029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0316777
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0743306
IRS990ScheduleA/TotalSupportAmt01216014
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt04777860
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0989658
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05767518
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04777860
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Office Space IT Services
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt022500
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board Members receive a draft copy of the form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At least annually, the Board of Directors reviews and requests its officers, directors and key employees to disclose any interests that could give rise to conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of directors approve all compensation arrangements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Gary EDC will provide a copy of its Form 990, annual financial statements, governing documents and conflict of interest statements upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Section B, Line 11a 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IV, Section B, Line 12a 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IV, Section B, Line 15a 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06941604
IRS990/TotalAssetsEOYAmt05249561
IRS990/TotalAssetsGrp/BOYAmt06941604
IRS990/TotalAssetsGrp/EOYAmt05249561
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01487477
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0277904
IRS990/TotalFunctionalExpensesGrp/TotalAmt01765381
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09992
IRS990/TotalLiabilitiesEOYAmt09992
IRS990/TotalLiabilitiesGrp/BOYAmt09992
IRS990/TotalLiabilitiesGrp/EOYAmt09992
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06931612
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05239569
IRS990/TotalProgramServiceExpensesAmt0277904
IRS990/TotalProgramServiceRevenueAmt020362
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048338
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095838
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06941604
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05249561
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0401 Broadway Suite 301
IRS990/USAddress/CityNm0Gary
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046402
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.cityofgaryedc.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bill Outlar
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Controller
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0City of Gary Economic Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0CITY
ReturnHeader/Filer/EIN0351923681
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 Broadway Suite 301
ReturnHeader/Filer/USAddress/CityNm0Gary
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0753092877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cender & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0233 East 84th Dr Suite 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Merrillville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0464105661
ReturnHeader/PreparerPersonGrp/PhoneNum02197361800
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Karl J Cender
ReturnHeader/ReturnTs02023-11-15T07:35:48-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Bill
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Outlar
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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