Renew Indianapolis Inc.
Renew Indianapolis Inc.
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About this organization
Mission
King Park Development Corporation (KPDC) 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.
About
King Park Development Corporation sold 8 houses to low-income buyers and provided homeowner coaching to 123 potential low-income home buyers. King Park provided property management services to 14 rental housing units devoted to low-income residents. King Park provided moderate to major health and safety repairs to the residences of 4 low-income homeowners. Through the Build Fund, King Park made 4 loans totaling $1,335,000 to businesses creating jobs in low-income census tracts. Through Edge Fund, King Park made a total of 3 loans totaling $606,103 creating affordable housing units for low-income homebuyers.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “King park development corporation (kpdc) 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.”.
When discussing its purpose, they were characterized as: “King park development corporation (kpdc) 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.”.
- The state in which the non-profit is legally authorized to operate is IN, as reported.
- The filing confirms that the non-profit's address in 2020 was 1704 BELLEFONTAINE STREET, INDIANAPOLIS, IN, 46202.
- The form of the non-profit reports 7 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $1,181,696.
- The organization has 11 independent voting members.
- The organization was formed in 1987.
- The organization pays $543,900 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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