Indianapolis Eastside Revitalization Corporation
Indianapolis Eastside Revitalization Corporation
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About this organization
Revenue
$132,577
Expenses
$121,988
Mission
The exempt purpose of the corporation is to exclusively be organized for charitable and educational purposes, including but not limited to, combating community deterioration by developing and fostering low-income housing, while maintaining the historic foundation of the community, in order to provide educational, social, and cultural services based on community and neighborhood needs throughout the Midwest
About
Real estate development - the organization participates in leading development and historic rehabilitation of commercial or mixed use buildings along the East 10th Street commercial corridor. As a developer, co-developer, or facilitator, the organization receives financing and subsidy funds to directly improve, or encourage improvement, of key properties critical to the overall redevelopment efforts of East 10th Street and the near eastside.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “The exempt purpose of the corporation is to exclusively be organized for charitable and educational purposes, including but not limited to, combating community deterioration by developing and fostering low-income housing, while maintaining the historic foundation of the community, in order to provide educational, social, and cultural services based on community and neighborhood needs throughout the midwest”.
When outlining the tasks it performs, they were referred to as: “The exempt purpose of the corporation is to exclusively be organized for charitable and educational purposes, including but not limited to, combating community deterioration by developing and fostering low-income housing, while maintaining the historic foundation of the community, in order to provide educational, social, and cultural services based on community and neighborhood needs throughout the midwest”.
- The non-profit's reported state of operation is IN as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 333 N PENNSYLVANIA ST NO 100, INDIANAPOLIS, IN, 46204.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $10,589.
- The organization has 7 independent voting members.
- The organization was formed in 2002.
- The organization pays $3,719 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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