Civic Intelligence

Impact Cedc Inc.

EIN 81-4718821 • 501(c)3 • Elkhart, IN

RevokedPub. 78 Eligible990-N Coverage

Profile

Impact cedc exists to empower underserved communities by expanding access to affordable housing, entrepreneurship, financial literacy, education, health resources, and financial tools-building sustainable pathways to economic independence and generational transformation. Through strategic partnerships and community investment opportunities, we provide development services that strengthen families and catalyze inclusive growth. Our vision is to see vibrant, self-sufficient neighborhoods where every individual has tools, opportunities, and support to thrive-spiritually, socially, and economically-creating a legacy of resilience and equity for future generations.

Revocation date: May 15, 2019

2201 Toledo RoadElkhart, IN 46516

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

44th percentile

-0.0%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k 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 / AssetsScore unavailable

Assets

Up

$11

Up $10 (+1000%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$11

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin44th percentile

Revenue

Up

$89,082

Up $89,082 from 2018

Expenses

Up

$89,123

Up $89,123 from 2018

Net Income

Down

-$41

Down $41 from 2018

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15$10$5$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2024: $11Net Assets 2024: $112024

Highlighted filing

2024

Assets$11
Liabilities-
Net Assets$11
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2024: $89,082Expenses 2024: $89,123Net Income 2024: -$412024

Highlighted filing

2024

Revenue$89,082
Expenses$89,123
Net Income-$41
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11
Liabilities
-
Net assets
$11
Revenue
$89,082
Expenses
$89,123
Net income
-$41
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.01$89.1$89.1$0.04
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 14, 2025
Return Version
2024v5.2
Gross Receipts
$89,082
Mission and Program Overview

Mission

Impact cedc exists to empower underserved communities by expanding access to affordable housing, entrepreneurship, financial literacy, education, health resources, and financial tools-building sustainable pathways to economic independence and generational transformation. Through strategic partnerships and community investment opportunities, we provide development services that strengthen families and catalyze inclusive growth. Our vision is to see vibrant, self-sufficient neighborhoods where every individual has tools, opportunities, and support to thrive-spiritually, socially, and economically-creating a legacy of resilience and equity for future generations.

Program Services

DescriptionGrantsExpenses
YOUTH EDUCATION & COMMUNIY WELLNESSPROGRAM DESCRIPTION:THIS INITIATIVE OFFERS AFTER SCHOOL, SUMMER,AND WEEKEND PROGRAMMING FOR YOUTH AGED 5-18, INTEGRATING ACADEMIC SUPPORT, ENTREPRENEURIAL THINKING, SOCIAL-EMOTIONAL LEARNING, AND WELLNESS EDUCATION.ACCOMPLISHMENTS & OUTCOMES:SERVED 136 YOUTH ACROSS ELKHART AND SOUTH BEND THROUGH THE YOUTH-PRENEUR SUMMER CAMP AND ACADEMIC YEAR PROGRAMS.HOSTED 30+ WORKSHOPS FOCUSED ON LEADERSHIP, HEALTH EDUCATION, AND CREATIVITY.PARTNERED WITH OLD NATIONAL BANK AND LOCAL HEALTH PROVIDERS FOR FINANCIAL LITERACY AND WELLNESS DAYS.COLLECTED PRE- AND POST-PROGRAM SURVEYS SHOWING A 21% INCREASE IN YOUTH CONFIDENCE AROUND STARTING A BUSINESS OT MANAGING MONEY.-$2,854
AFFORDABLE HOUSING & HOUSING STABILITY SERVICESPROGRAM DESCRIPTION:THIS PROGRAM FOCUSES ON INCREASING HOUSING ACCESS AND STABILITY THROUGH DEVELOPMENT, ADVOCACY, AND TENANT SUPPORT SERVICES. ACTIVITIES INCLUDE HOUSING EDUCATION, CASE MANAGEMENT, AND SUPPORT FOR INDIVIDUALS FACING HOUSING INSECURITY.ACCOMPLISHMENTS & OUTCOMES:ASSISTED 115 INDIVIDUALS AND FAMILIES WITH HOUSING NAVIGATION, RENTAL ASSISTANCE REFERRALS, AND HOMEOWNERSHIP EDUCATION.CONDUCTED MONTHLY HOUSING READINESS WORKSHOPS COVERING BUDGETING, CREDIT REPAIR, AND TENANT RIGHTS.PARTNERED WITH LOACAL DEVELOPERS AND HOUSING AGENCIES TO IDENTIFY UNITS AND ADVOCATE FOR EQUITABLE HOUSING POLICIES.BEGAN PRE DEVELOPMENT PLANNING FOR A 10-UNIT AFFORDABLE HOUSING PROJECT.-$2,220
ENTREPRENEURSHIP TRAINING & BUSINESS DEVELOPMENTPROGRAM DESCRIPTION:IMPACT CEDC OFFERS ENTREPRENEURSHIP TRAINING WORKSHOPS AND INDIVIDUALIZED BUSINESS COACHING TO EMPOWER ASPIRING AND EARLY-STAGE ENTREPRENEURS. THE PROGRAM INCLUDES BUSINESS PLANNING, FINANCIAL LITERACY, BRANDING, LICENSING ASSISTANCE, AND ACCESS TO MICROLOAN REFERALS.ACCOMPLISHMENTS & OUTCOMES:PROVIDED HANDS-ON TRAINING TO 42 PARTICIPANTS IN 2024, INCLUDING YOUTH AND ADULTS FROM UNDERSERVED COMMUNITIES.HELPED 9 ENTREPRENEURS SUCCESSFULLY LAUNCH OR FORMALIZE THEIR BUSINESSES.FACILITATED OVER 60 HOURS OF ONE-ON-ONE COACHING AND 12 GROUP SESSIONS THROUGHOUT THE YEAR.HOSTED 2 PITCH COMPETITIONS WITH SEED CAPIAL AWARDS AND BUSINESS VISBILITY FOR PARTICIPANTS.-$1,269
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWIN NEWSOMEPresidentPT$0--
CHANTELLA J NEWSOMEBoard MemberPT$0--
CLARA HADLEYBoard Member-$0--
RICHARD GUNNBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Impact Cedc Inc
EIN
81-4718821
Phone
5743074438
Address
2201 TOLEDO ROAD, ELKHART, IN 46516

Signing Officer

Name
Edwin Newsome
Title
President
Signed
2025-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Loucks & Weaver CPA
Address
157 South Main Street, Nappanee, IN 46550
Preparer
Martha Cook
Phone
5747734611
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Youth education & community we $2854”

Other Expenses.2

“Affordable housing & housing s $2220”

Other Expenses.3

“Entrepreneurship training & bu $1269”

Raw XML Appendix144 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AFFORDABLE HOUSING & HOUSING STABILITY SERVICESPROGRAM DESCRIPTION:THIS PROGRAM FOCUSES ON INCREASING HOUSING ACCESS AND STABILITY THROUGH DEVELOPMENT, ADVOCACY, AND TENANT SUPPORT SERVICES. ACTIVITIES INCLUDE HOUSING EDUCATION, CASE MANAGEMENT, AND SUPPORT FOR INDIVIDUALS FACING HOUSING INSECURITY.ACCOMPLISHMENTS & OUTCOMES:ASSISTED 115 INDIVIDUALS AND FAMILIES WITH HOUSING NAVIGATION, RENTAL ASSISTANCE REFERRALS, AND HOMEOWNERSHIP EDUCATION.CONDUCTED MONTHLY HOUSING READINESS WORKSHOPS COVERING BUDGETING, CREDIT REPAIR, AND TENANT RIGHTS.PARTNERED WITH LOACAL DEVELOPERS AND HOUSING AGENCIES TO IDENTIFY UNITS AND ADVOCATE FOR EQUITABLE HOUSING POLICIES.BEGAN PRE DEVELOPMENT PLANNING FOR A 10-UNIT AFFORDABLE HOUSING PROJECT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFFORDABLE HOUSING & HOUSING S $2220
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