Intend Indiana Inc
- Assets
- $28.8m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 17
- Location
- Indianapolis, IN
- Founding
- 04/1990
- Data as of
- 12/2021
- EIN
- 35-1704590
Organization Overview
Intend Indiana Inc is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Intend Indiana Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intend Indiana 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 12/2021, Intend Indiana Inc generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RENEW INDIANAPOLIS, INC IS A NON-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT BUILDS RESILIENT AND INCLUSIVE NEIGHBORHOODS THROUGH COMPREHENSIVE COMMUNITY DEVELOPMENT THAT OFFER ACCESS TO HIGH-QUALITY HOUSING, ECONOMIC PROSPERITY, AND SOCIAL OPPORTUNITIES FOR ALL RESIDENTS REGARDLESS OF INCOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ITS EDGE FUND, RENEW INDIANAPOLIS CREATED 10 HOMEOWNERSHIP OPPORTUNITIES TOTALING $1,633,550 FOR LOW-INCOME BUYERS THROUGH ITS HOMESMART PROGRAM, PROVIDED AFFORDABLE REFINANCING TOTALING $1,994,825 FOR 12 HOMEOWNERS NEGATIVELY IMPACTED BY COVID-19 THROUGH ITS INDYAMP PROGRAM, AND GAVE HOMEOWNER COACHING TO 384 POTENTIAL LOW-INCOME HOME BUYERS. RENEW INDIANAPOLIS ALSO SOLD 210 DISTRESSED PROPERTIES THROUGH THE LAND BANK AND PROVIDED PROPERTY MANAGEMENT SERVICES TO 14 RENTAL HOUSING UNITS DEVOTED TO LOW-INCOME RESIDENTS. THROUGH ITS BUILD FUND, RENEW INDIANAPOLIS MADE 4 LOANS TOTALING $1,188,000 TO SMALL BUSINESSES CREATING JOBS IN LOW- AND MODERATE-INCOME CENSUS TRACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Meyer Chief Executive Officer | Officer | 40 | $160,000 |
Esther Carter-Day Secretary | Officer | 1 | $0 |
Jenn Lisak Golding Board Chair | Officer | 1 | $0 |
Nathan Ringham Treasurer | Officer | 1 | $0 |
Dolores Wisdom Director | Trustee | 1 | $0 |
Jan Diggins Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steven R Keller Construction Construction Services | 12/30/21 | $602,544 |
Carley Custom Builders Construction Services | 12/30/21 | $675,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,970,387 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,401,384 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,371,771 |
| Total Program Service Revenue | $806,860 |
| Investment income | $628,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $549,755 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,519,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,100 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $190,901 |
| Compensation of current officers, directors, key employees. | $45,846 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,010,874 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $130,987 |
| Payroll taxes | $90,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,769 |
| Fees for services: Accounting | $82,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $293,859 |
| Advertising and promotion | $39,442 |
| Office expenses | $112,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,376 |
| Travel | $1,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $222,671 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,939 |
| Insurance | $57,540 |
| All other expenses | $138,394 |
| Total functional expenses | $2,883,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,250,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $925,160 |
| Accounts receivable, net | $445 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,080,810 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,943 |
| Net Land, buildings, and equipment | $554,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,930,385 |
| Intangible assets | $0 |
| Other assets | $30,793 |
| Total assets | $28,828,732 |
| Accounts payable and accrued expenses | $908,727 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,156,474 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,440,706 |
| Total liabilities | $7,505,907 |
| Net assets without donor restrictions | $20,710,747 |
| Net assets with donor restrictions | $612,078 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,828,732 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Intend Indiana Inc has recieved totaling $16,358.
| Awarding Organization | Amount |
|---|---|
David E Simon & Jacqueline S Simon Charitable Foundation Indianapolis, IN PURPOSE: CONTRIBUTION TO GENERAL OPERATING SUPPORT | $10,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $5,758 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |