Civic Intelligence

Neighborhood Development Corporation

EIN 42-1489223 • 501(c)3 • Des Moines, IA

Profile

To enhance neighborhoods and combat community deterioration through redevelopment efforts specifically designed to create housing, small business, and job creation opportunities for residents of polk county, iowa

Refreshing map…

2331 University Ave Ste 202Des Moines, IA 50311

www.ndcdesmoines.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.34x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.14x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

5th percentile

-63%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$226,222

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

4th percentile

-34%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-60%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,172,057

Down $3,690,126 (-34%) from 2023

Liabilities

Down

$2,441,600

Down $3,035,101 (-55%) from 2023

Net Assets

Down

$4,730,457

Down $655,025 (-12%) from 2023

Revenue

Down

$2,148,722

Down $3,176,370 (-60%) from 2023

Expenses

Up

$3,509,639

Up $820,614 (+31%) from 2023

Net Income

Down

-$1,360,917

Down $3,996,984 (-152%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $9,663,265Liabilities 2011: $1,050,394Net Assets 2011: $8,612,8712011Assets 2012: $10,338,193Liabilities 2012: $1,264,918Net Assets 2012: $9,073,2752012Assets 2013: $11,176,816Liabilities 2013: $2,948,562Net Assets 2013: $8,228,2542013Assets 2014: $7,880,104Liabilities 2014: $5,126,928Net Assets 2014: $2,753,1762014Assets 2015: $7,896,924Liabilities 2015: $5,655,981Net Assets 2015: $2,240,9432015Assets 2017: $14,886,242Liabilities 2017: $13,703,460Net Assets 2017: $1,182,7822017Assets 2018: $6,206,188Liabilities 2018: $3,997,644Net Assets 2018: $2,208,5442018Assets 2019: $4,300,323Liabilities 2019: $3,589,784Net Assets 2019: $710,5392019Assets 2021: $6,803,177Liabilities 2021: $4,801,818Net Assets 2021: $2,001,3592021Assets 2022: $8,334,749Liabilities 2022: $5,955,334Net Assets 2022: $2,379,4152022Assets 2023: $10,862,183Liabilities 2023: $5,476,701Net Assets 2023: $5,385,4822023Assets 2024: $7,172,057Liabilities 2024: $2,441,600Net Assets 2024: $4,730,4572024

Highlighted filing

2024

Assets$7,172,057
Liabilities$2,441,600
Net Assets$4,730,457

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $1,126,306Expenses 2011: $843,773Net Income 2011: $282,5332011Revenue 2012: $1,090,142Expenses 2012: $629,738Net Income 2012: $460,4042012Revenue 2013: $1,314,413Expenses 2013: $2,159,434Net Income 2013: -$845,0212013Revenue 2014: $757,514Expenses 2014: $6,232,592Net Income 2014: -$5,475,0782014Revenue 2015: $1,428,097Expenses 2015: $1,940,330Net Income 2015: -$512,2332015Revenue 2017: $1,890,058Expenses 2017: $1,580,338Net Income 2017: $309,7202017Revenue 2018: $2,751,124Expenses 2018: $1,725,362Net Income 2018: $1,025,7622018Revenue 2019: -$391,988Expenses 2019: $1,106,017Net Income 2019: -$1,498,0052019Revenue 2021: $2,495,754Expenses 2021: $1,338,719Net Income 2021: $1,157,0352021Revenue 2022: $1,846,921Expenses 2022: $1,468,865Net Income 2022: $378,0562022Revenue 2023: $5,325,092Expenses 2023: $2,689,025Net Income 2023: $2,636,0672023Revenue 2024: $2,148,722Expenses 2024: $3,509,639Net Income 2024: -$1,360,9172024

Highlighted filing

2024

Revenue$2,148,722
Expenses$3,509,639
Net Income-$1,360,917

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 27, 2025
Return Version
2024v5.2
Gross Receipts
$2,582,414
Mission and Program Overview

Mission

To enhance neighborhoods and combat community deterioration through redevelopment efforts specifically designed to create housing, small business, and job creation opportunities for residents of polk county, iowa

Ndc will sustainably enhance neighborhoods by serving as a catalyst for redevelopment efforts that focus on creating a mix of housing and commercial development through community collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,748,560$2,072,179▼ $676,381
Cash and Non-Interest-Bearing Accounts$1,573,810$1,401,009▼ $172,801
Investments Other Securities-$600,000-
Other Notes and Loans Receivable, Net-$266,000-
Savings and Temporary Cash Investments$251,102$263,244▲ $12,142
Accounts Receivable$489,518$215,406▼ $274,112
Prepaid Expenses and Deferred Charges-$21,131-
Intangible Assets$4,540$4,038▼ $502
Total Assets$10,862,183$7,172,057▼ $3,690,126
Other Assets Total$5,794,653$2,329,050▼ $3,465,603
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,594,373$2,248,761▼ $2,345,612
Accounts Payable and Accrued Expenses$864,725$176,824▼ $687,901
Other Liabilities$17,603$16,015▼ $1,588
Total Liabilities$5,476,701$2,441,600▼ $3,035,101
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,652,957$2,819,309▼ $1,833,648
Net Assets Without Donor Restrictions$732,525$1,911,148▲ $1,178,623
Total Net Assets Fund Balance$5,385,482$4,730,457▼ $655,025
Total Liabilities and Net Assets / Fund Balance$10,862,183$7,172,057▼ $3,690,126

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,859,763$278,082$2,137,845
Land$154,727-$154,727
Equipment$0$98,975$98,975
Leasehold Improvements$57,689$31,301$88,990
Other Assets Org$2,329,050--
Other Securities$600,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abbey GilroyExecutive DirectorFT$148,473$77,749$226,222
Sadie TryttenDirector of Real EstateFT$135,917$7,805$143,722

Board Members and Trustees

NameTitle
Bret VandelunePast President
Mel PinsPresident
Carl VossVice President
Jed GammellDirector
Mike LudwigDirector
Stephanie MurphyDirector
Bill GrayCommunity Leader
Whitney BaethkeSecretary
Holly OlsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Decarlo DemolitionDemolition Services260 NE 44TH AVE, Des Moines, IA 50313$845,142
Revenue and Support

Revenue Composition

Contributions and Grants
$2,010,000
Program Service Revenue
$228,553
Investment Income
$46,590
Other Revenue
$-136,421
Change in Net Assets
$-1,360,917

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,148,722
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$433,692
Total Revenue per Audited Statements
$2,582,414
Total Revenue per Form 990
$2,148,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,055,394
Salaries, Compensation, and Employee Benefits$454,245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$135,733$90,490-$226,223
Other Salaries and Wages$111,965$74,643-$186,608
Interest$164,809--$164,809
Insurance$49,403$19,937-$69,340
Fees for Services Accounting$918$43,987-$44,905
Payroll Taxes$18,208$12,139-$30,347
Advertising-$18,503-$18,503
Office Expenses$865$17,548-$18,413
Pension Plan Contributions$3,673$2,449-$6,122
Other Employee Benefits$2,967$1,978-$4,945
Fees for Services Other$4,657--$4,657
Occupancy$678$2,418-$3,096
Other Expenses$649$11,991-$649
All Other Expenses$400--$400
Depreciation Depletion-$76-$76
Total Functional Expenses$3,213,480$296,159$0$3,509,639

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,943,333
Expenses per Audited Statements$3,509,639
Total Expenses per Form 990$3,509,639
Expenses Not Reported on Form 990$433,694
Expenses Not Reported on Financial Statements$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
Tenant Rent Deposits$16,015
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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 B, Line 11B

The board of directors reviews the 990 prior to filing with the irs during its quarterly board meeting.

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

The conflict of interest policy is reviewed by the board on an annual basis.

Form 990, Part VI, Section B, Line 15

The compensation is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

These are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Neighborhood Development Corporation
EIN
42-1489223
Phone
5152448600
Address
2331 UNIVERSITY AVE STE 202, DES MOINES, IA 50311

Signing Officer

Name
Sadie Trytten
Title
Executive Director
Phone
5152448600
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sadie Trytten
Formed
1999
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
9

Preparer

Firm
Denman CPA Llp
Address
1601 22ND STREET SUITE 400, WEST DES MOINES, IA 50266-1453
Preparer
Jefferey Roy
Phone
5152258400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Minority interest capital contributions 599,975. Deconsolidation of non-controlling interest 105,917.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) for an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. Management has evaluated their material tax positions and determined there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The organization is subject to routine audits by tax authorities; however, there are currently no audits for any tax periods in progress. Management believes the organization is no longer subject to income tax examinations for tax years prior to 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 433,692.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 433,692. Rounding 2.

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

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IRS990/InsuranceGrp/TotalAmt069340
IRS990/IntangibleAssetsGrp/BOYAmt04540
IRS990/IntangibleAssetsGrp/EOYAmt04038
IRS990/InterestGrp/ProgramServicesAmt0164809
IRS990/InterestGrp/TotalAmt0164809
IRS990/InvestmentIncomeGrp/ExclusionAmt046590
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046590
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0600000
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0408358
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02748560
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02072179
IRS990/LandBldgEquipCostOrOtherBssAmt02480537
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt0433692
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE NEIGHBORHOODS AND COMBAT COMMUNITY DETERIORATION THROUGH REDEVELOPMENT EFFORTS SPECIFICALLY DESIGNED TO CREATE HOUSING, SMALL BUSINESS, AND JOB CREATION OPPORTUNITIES FOR RESIDENTS OF POLK COUNTY, IOWA
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04594373
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02248761
IRS990/NetAssetsOrFundBalancesBOYAmt05385482
IRS990/NetAssetsOrFundBalancesEOYAmt04730457
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-138311
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-138311
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0732525
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01911148
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02418
IRS990/OccupancyGrp/ProgramServicesAmt0678
IRS990/OccupancyGrp/TotalAmt03096
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017548
IRS990/OfficeExpensesGrp/ProgramServicesAmt0865
IRS990/OfficeExpensesGrp/TotalAmt018413
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05794653
IRS990/OtherAssetsTotalGrp/EOYAmt02329050
IRS990/OtherChangesInNetAssetsAmt0705892
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01978
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02967
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04945
IRS990/OtherExpensesGrp/Desc0GAP FINANCING ON DEVELO
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011991
IRS990/OtherExpensesGrp/ProgramServicesAmt02636371
IRS990/OtherExpensesGrp/ProgramServicesAmt181388
IRS990/OtherExpensesGrp/ProgramServicesAmt2796
IRS990/OtherExpensesGrp/ProgramServicesAmt3649
IRS990/OtherExpensesGrp/TotalAmt02636371
IRS990/OtherExpensesGrp/TotalAmt181388
IRS990/OtherExpensesGrp/TotalAmt212787
IRS990/OtherExpensesGrp/TotalAmt3649
IRS990/OtherLiabilitiesGrp/BOYAmt017603
IRS990/OtherLiabilitiesGrp/EOYAmt016015
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01890
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01890
IRS990/OtherRevenueTotalAmt01890
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt074643
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111965
IRS990/OtherSalariesAndWagesGrp/TotalAmt0186608
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0266000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012139
IRS990/PayrollTaxesGrp/ProgramServicesAmt018208
IRS990/PayrollTaxesGrp/TotalAmt030347
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02449
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03673
IRS990/PensionPlanContributionsGrp/TotalAmt06122
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021131
IRS990/PrincipalOfficerNm0SADIE TRYTTEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT AND CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0228553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0228553
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05406041
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01103
IRS990/PYOtherExpensesAmt02284369
IRS990/PYOtherRevenueAmt0-98792
IRS990/PYProgramServiceRevenueAmt016740
IRS990/PYRevenuesLessExpensesAmt02636067
IRS990/PYSalariesCompEmpBnftPaidAmt0404656
IRS990/PYTotalExpensesAmt02689025
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05325092
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1360917
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-138311
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt092132
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0263244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05406041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01306468
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02045217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01597755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012365481
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046590
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046590
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0525824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016740
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0540453
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0382265
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0-466155
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0473303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95970
IRS990ScheduleA/PublicSupportPY170Pct00.99730
IRS990ScheduleA/PublicSupportTotal170Amt012365481
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05406041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01306468
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02045217
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01597755
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012365481
IRS990ScheduleA/TotalSupportAmt012885374
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/BookValueAmt01859763
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0278082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02137845
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098975
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt098975
IRS990ScheduleD/ExpensesNotReportedAmt0433694
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03509639
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0154727
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0154727
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt057689
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt031301
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt088990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02329050
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REDEVELOPMENT PROPERTIES
IRS990ScheduleD/OtherExpensesIncludedAmt0433694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt016015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT RENT DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0433692
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0600000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PARK INDY, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0433692
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02148722
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 433,692.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 433,692. ROUNDING 2.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02072179
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02329050
IRS990ScheduleD/TotalBookValueSecuritiesAmt0600000
IRS990ScheduleD/TotalExpensesPerForm990Amt03509639
IRS990ScheduleD/TotalLiabilityAmt016015
IRS990ScheduleD/TotalRevenuePerForm990Amt02148722
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02582414
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03943333
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

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