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 12/2021, Prosperity Indiana employed 7 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 12/2021, Prosperity Indiana generated $809.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $669.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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: 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
Jessica Love
Executive Di
$81,539
Dennis Cecil
Treasurer
$0
Keith Broadnax
Secretary
$0
Steven Meyer
President
$0
Alyssa Prince
Vice Preside
$0
Rev Adrian Brooks
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$75,995
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$608,140
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$684,135
Total Program Service Revenue$39,304
Investment income $3,366
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 $809,124

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

MERCHANTS AFFORDABLE HOUSING CORP

Org PageRecipient Profile

Carmel, IN

PURPOSE: EMPOWER INDIANA

$36,900

PARAMOUNT SCHOOLS OF EXCELLENCE INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: EMPOWER INDIANA

$21,600

UNITED WAY OF MADISON COUNTYINDIANA INC

Org PageRecipient Profile

Anderson, IN

PURPOSE: EMPOWER INDIANA

$18,000

SOUTH CENTRAL INDIANA HOUSINGOPPORTUNITIES CORPORATION

Org PageRecipient Profile

Bloomington, IN

PURPOSE: EMPOWER INDIANA

$9,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Indiana Association For Community Economic Development Inc has recieved totaling $209,817.

Awarding OrganizationAmount
National Low Income Housing Coalition And Low Income Housing

Washington, DC

PURPOSE: $80K ERASE; $50K OSAH

$130,000
Central Indiana Community Foundation Inc

Indianapolis, IN

PURPOSE: Housing4Hoosiers: The Data, The Stories, The Solut

$65,000
Aarp

Washington, DC

PURPOSE: Sponsorship of various events

$7,500
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$7,277
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$40
View Grant Recipient Profile

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