Northeast Indiana Regional Partnership Inc
- Assets
- $3.0m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 23
- Location
- Fort Wayne, IN
- Founding
- 06/1996
- Data as of
- 12/2023
- EIN
- 35-1984702
Organization Overview
Northeast Indiana Regional Partnership Inc is located in Fort Wayne, IN. The organization was established in 1996. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Northeast Indiana Regional Partnership Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Indiana Regional Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Northeast Indiana Regional Partnership Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO DRIVE BUSINESS INVESTMENT AND STRENGTHEN NORTHEAST INDIANA'S GLOBAL COMPETITIVENESS AND ECONOMIC RESILIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, NORTHEAST INDIANA REGIONAL PARTNERSHIP'S ACTIVITIES ASSISTED 2 BUSINESSES ENTITIES EXPAND OR ESTABLISH A NEW BUSINESS OPERATION IN NORTHEAST INDIANA AND LOCATED 3 NEW BUSINESS ENTITIES IN THE REGION; THE SOURCING OF 75 NEW PROJECTS; THE ISSUANCE OF 41 PROJECTS TO OUR NETWORK LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS; ENGAGING WITH 10,500 NEW BUSINESS CONTACTS WHICH GENERATED 351 NEW LEADS, BOTH DOMESTICALLY AND INTERNATIONALLY; 80 PROJECTS IN THE ACTIVE PROJECT PIPELINE INTO 2024; CONDUCTED 14 TARGETED LEAD GENERATION CAMPAIGNS; ENGAGED WITH 1,349 SITE SELECTORS AND NATIONAL BROKERS; ORCHESTRATED 4 SITE CONSULTANT ROADSHOWS; HOSTED THE "IN THE NORTH" SITE CONSULTANT FAMILIARIZATION TOUR WITH 8 CONSULTANTS; EXECUTED 39 SALES MISSIONS; FACILITATED 94 DIRECT INTRODUCTIONS BETWEEN LEDOS, THE IEDC, SITE CONSULTANTS, AND POTENTIAL PROJECTS; CONTINUED SUPPORT OF THE REGIONAL DEVELOPMENT AUTHORITY WITH THE ADMINISTRATION OF THE READI FUNDING ALLOCATION FROM THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Millett Chairman | OfficerTrustee | 1 | $0 |
David Findlay Vice Chair | OfficerTrustee | 1 | $0 |
Sherilyn Emberton Immediate Past Chair | OfficerTrustee | 1 | $0 |
Kimberly Shoppell Treasurer | OfficerTrustee | 1 | $0 |
Tom Niezer Secretary | OfficerTrustee | 1 | $0 |
Don Cates Roc Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $142,085 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,886 |
| Total Program Service Revenue | $2,643,647 |
| Investment income | $24,436 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,212 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,840,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,283,055 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,428 |
| Payroll taxes | $96,618 |
| Fees for services: Management | $321,406 |
| Fees for services: Legal | $700 |
| Fees for services: Accounting | $138,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,001 |
| Advertising and promotion | $254,591 |
| Office expenses | $100,878 |
| Information technology | $63,292 |
| Royalties | $0 |
| Occupancy | $116,867 |
| Travel | $91,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,121 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,151 |
| Insurance | $0 |
| All other expenses | $3,194 |
| Total functional expenses | $2,939,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,134 |
| Savings and temporary cash investments | $1,451,659 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $428,748 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,533 |
| Net Land, buildings, and equipment | $496,586 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $447,286 |
| Total assets | $3,025,946 |
| Accounts payable and accrued expenses | $250,545 |
| Grants payable | $0 |
| Deferred revenue | $31,490 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $437,689 |
| Total liabilities | $719,724 |
| Net assets without donor restrictions | $2,306,222 |
| Net assets with donor restrictions | $0 |
| 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 | $3,025,946 |