Heritage Place Of Indianapolis Inc
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Indianapolis, IN
- Founding
- 12/1978
- Data as of
- 06/2023
- EIN
- 35-1436580
Organization Overview
Heritage Place Of Indianapolis Inc is located in Indianapolis, IN. The organization was established in 1978. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Heritage Place Of Indianapolis Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Place Of Indianapolis Inc 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 06/2023, Heritage Place Of Indianapolis Inc generated $139.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $139.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HERITAGE PLACE: OPEN MONDAY - FRIDAY, THE ORGANIZATION OFFERS A WIDE VARIETY OF EDUCATIONAL, RECREATIONAL, AND SOCIAL OPPORTUNITIES FOR ADULTS AGE 55 AND OLDER. THESE PROGRAMS PROVIDE OPPORTUNITIES FOR COMPANIONSHIP, EDUCATION, AND VOLUNTEERING. WHICH PROVIDES FOR IMPROVED HEALTH, BETTER NUTRITION AND INDEPENDENT LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Edward Alexander Executive Director | 40 | $77,885 | |
Lynnette Lewis Associate Executive Director | 21 | $23,264 | |
Joanne Sommers President | 10 | $0 | |
Nolan Taylor Vice President | 10 | $0 | |
Michael Heavilon Treasurer | 10 | $0 | |
Mary Beth Wott Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,885 |
| Total Program Service Revenue | $2,948 |
| Membership dues | $0 |
| Investment income | $197 |
| Gain or Loss | $883 |
| Net Income from Gaming & Fundraising | $38,927 |
| Other Revenue | $0 |
| Total Revenue | $139,840 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $113,378 |
| Professional fees and other payments to independent contractors | $22 |
| Occupancy, rent, utilities, and maintenance | $6,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,293 |
| Total expenses | $139,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,378 |
| Other assets | $0 |
| Total assets | $44,723 |
| Total liabilities | $2,337 |
| Net assets or fund balances | $42,386 |