Indiana Association For Community Economic Development Inc

Organization Overview

Indiana Association For Community Economic Development Inc, operating under the name Prosperity Indiana, is located in Indianapolis, IN. The organization was established in 1987. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Prosperity Indiana employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prosperity Indiana 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 12/2022, Prosperity Indiana generated $830.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $845.7k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION BUILDS A BETTER FUTURE FOR OUR COMMUNITIES BY PROVIDING ADVOCACY, LEVERAGING RESOURCES, AND ENGAGING AN EMPOWERED NETWORK OF MEMBERS TO CREATE INCLUSIVE OPPORTUNITIES THAT BUILD ASSETS AND IMPROVE LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESOURCES: PROSPERITY INDIANA IS DEDICATED TO PROVIDING MEMBERS WITH HELPFUL TOOLS TO ADVANCE THEIR WORK. RESOURCES INCLUDE CONSULTING SERVICES, TRAININGS, A RESOURCE LIBRARY, AND FUNDING. TRAINING AND TECHNICAL ASSISTANCE ARE ALIGNED SERVICES TO BUILD THE CAPACITY OF COMMUNITY ECONOMIC DEVELOPMENT PRACTITIONERS AND THE ORGANIZATIONS EMPLOYING THEM. THE ORGANIZATION DELIVERS A ROBUST PROGRAM OF TRAINING FOR MEMBER ORGANIZATION STAFF AND OTHERS IN THE COMMUNITY DEVELOPMENT FIELD. TRAINING TOPICS ADDRESS THE DIVERSITY OF TECHNICAL AND ADAPTIVE KNOWLEDGE NECESSARY TO MANAGE ORGANIZATIONS, EXERCISE LEADERSHIP, AND DELIVER OUTCOMES. TECHNICAL ASSISTANCE IS LONG-TERM, ONE-ON-ONE CONSULTING SUPPORT. STAFF PROVIDE A DEPTH OF EXPERIENCE AND KNOWLEDGE. THE ORGANIZATION PROVIDES TECHNICAL ASSISTANCE IN THE FOLLOWING CATEGORICAL AREAS: BOARD GOVERNANCE, FINANCIAL MANAGEMENT, PLANNING, PROGRAM/PROJECT DEVELOPMENT AND DELIVERY, RESOURCE DEVELOPMENT, STAFF DEVELOPMENT, AND STAFF MANAGEMENT SERVICES. THE ORGANIZATION'S ROLE OF FUNDER PRIMARILY INCLUDES SECURING PASS-THROUGH GRANTS TO SUPPORT MEMBER PROJECTS, INCLUDING LEVERAGING STATE AND NATIONAL PARTNER RESOURCES AVAILABLE FOR THIS PURPOSE. THE ORGANIZATION ALSO SERVES AS THE FISCAL AGENT AND PROGRAM MANAGER FOR MEMBER INITIATIVES TO HELP LAUNCH INNOVATION.


ENGAGEMENT: PROSPERITY INDIANA UTILIZES A NUMBER OF STRATEGIES TO ACCOMPLISH COMMUNITY BUILDING AND CONNECTING TO NETWORK AND UNITE MEMBERS. THIS INCLUDES THE ORGANIZATION'S BLOG AND SOCIAL NETWORKS, THE MONTHLY PIECE OF THE PI NEWSLETTER, PEER-TO-PEER CONVENINGS, A MOBILE APP AND MEMBERSHIP DIRECTORY, AN ANNUAL SUMMIT AND LEADERSHIP AWARDS, AND REGIONAL MEMBER MEETINGS. THE ORGANIZATION ALSO ACCOMPLISHES CONNECTIVITY AND ADVOCACY GOALS THROUGH COALITION BUILDING EFFORTS.


ADVOCACY: ADVOCACY AND POLICY ENGAGEMENT ARE IMPORTANT PARTS OF A SUCCESSFUL COMMUNITY ECONOMIC DEVELOPMENT FRAMEWORK. THE ORGANIZATION'S ADVOCACY WORK STRENGTHENS MEMBERS BY BUILDING RELATIONSHIPS. IT ENHANCES MEMBERS' SKILLS AND CAPACITY TO UNDERSTAND THEIR OWN POLICY ENVIRONMENTS, LARGE AND SMALL, AND TO COMMUNICATE THEIR VALUES AND PRIORITIES TO THEIR ELECTED OFFICIALS AND PROGRAM ADMINISTRATORS. IT ENABLES FRONT-LINE PRACTITIONERS TO HAVE THEIR VOICES HEARD IN POLICY DEBATES. THE ADVOCACY FUNCTION ORGANIZES MEMBERS AND SUPPORTERS AROUND A POLICY AGENDA, BUILDS AND MAINTAINS STRATEGIC PARTNERSHIPS WITH ALLIES TO ADVANCE THIS AGENDA, AND MONITORS AND EXPLAINS TRENDS IN POLICYMAKING TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Meyer
President
$0
Alyssa Prince
Vice Preside
$0
Mark Lindenlaub
Treasurer
$0
Keith Broadnax
Secretary
$0
Amandula Anderson
Director
$0
Justin Barker
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$75,843
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$503,697
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$579,540
Total Program Service Revenue$147,088
Investment income $7,702
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $830,837

Grants Awarded

Over the last fiscal year, Indiana Association For Community Economic Development Inc has awarded $85,500 in support to 4 organizations.

Grant RecipientAmount

SOUTH CENTRAL INDIANA HOUSINGOPPORTUNITIES CORPORATION

PURPOSE: EMPOWER INDIANA

$9,000

MERCHANTS AFFORDABLE HOUSING CORP

PURPOSE: EMPOWER INDIANA

$36,900

PARAMOUNT SCHOOLS OF EXCELLENCE INC

PURPOSE: EMPOWER INDIANA

$21,600

UNITED WAY OF MADISON COUNTYINDIANA INC

PURPOSE: EMPOWER INDIANA

$18,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Center Of Workforce Innovations Inc
Valparaiso, IN
$16,535,508
World Business Chicago
Chicago, IL
$13,132,683
Enlace Chicago
Chicago, IL
$9,990,814
Greater Kokomo Economic Development Alliance Inc
Kokomo, IN
$5,785,033
West Central Indiana Economic Development District Inc
Terre Haute, IN
$5,441,220
Evansville Vanderburgh County Convention & Visitors Bureau Inc
Evansville, IN
$4,295,195
Common Wealth Development Inc
Madison, WI
$3,480,272
Milwaukee Economic Development Corp
Milwaukee, WI
$4,043,772
Far South Cdc
Chicago, IL
$3,221,500
Northwest Side Community Development Corporation
Milwaukee, WI
$5,654,859
Delmar Divine Charitable Foundation
St Louis, MO
$2,817,958
Milwaukee Urban Strategic Investment Corp
Milwaukee, WI
$4,640,996
Capitalplus Exchange Corporation
Skokie, IL
$2,822,022
Wepower
Saint Louis, MO
$2,131,840
Berwyn Development Corporation
Berwyn, IL
$1,988,768
Kosciusko Development Land Trust Inc
Warsaw, IN
$80,308
Urban Neighborhood Initiative Inc
Kansas City, MO
$1,488,749
Lansdowne Up
East Saint Louis, IL
$4,474,106
Jewish Council On Urban Affairs
Chicago, IL
$1,289,195
Catalytic Development Funding Corp Of Northern Kentucky
Covington, KY
$2,528,032
Creative Reaction Lab
St Louis, MO
$1,219,390
Visitors Center Inc
Columbus, IN
$1,819,678
United Counties Council Of Illinois
Springfield, IL
$1,882,704
Downtown Development Corporation
Louisville, KY
$1,635,538
Greater Sterling Development Corp
Sterling, IL
$1,078,988

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