Indiana Economic Development Association Foundation
- Assets
- $64.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2007
- Data as of
- 12/2023
- EIN
- 20-3318486
Organization Overview
Indiana Economic Development Association Foundation is located in Indianapolis, IN. The organization was established in 2007. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Economic Development Association Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Indiana Economic Development Association Foundation generated $86.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $290.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Tidd Chair | 1 | $0 | |
Cheryl Morphew Vice Chair | 1 | $0 | |
Sarah Browning Secretary/treasurer | 1 | $0 | |
Bob Grewe Director | 1 | $0 | |
Christy Householder Director | 1 | $0 | |
Chris King Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,791 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,920 |
| Other Revenue | $0 |
| Total Revenue | $86,738 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $151,211 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,381 |
| Total expenses | $290,107 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,171 |
| Other assets | $0 |
| Total assets | $64,277 |
| Total liabilities | $13,362 |
| Net assets or fund balances | $50,915 |