Public Charity

INDIANA ECONOMIC DEVELOPMENT ASSOCIATION FOUNDATION INC

INDIANA ECONOMIC DEVELOPMENT ASSOCIATION FOUNDATION INC, of INDIANAPOLIS, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $251K in revenue, $56K in expenses, $246K in total assets. 3 publicly reported grants to this organization, totaling roughly $300K, appear in IRS filings.

EIN: 203318486 INDIANAPOLIS, IN Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$251K
Total Expenses$56K
Total Assets$246K
Grant Records3
Funding Total$300K
Filing Years2019–2024

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN INDIANA THROUGH EDUCATION AND SCHOLARSHIPS.

Where $100 goes at Indiana Economic Development Association Foundation Inc

How Indiana Economic Development Association Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$90
Consulting services on regional economic development modules
92% of program spending
$6
Provide educational scholarships
6% of program spending
$2
Research for agricultural maps in indiana
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD Bob Grewe
VICE CHAIRMAN Cheryl Morphey
BOARD Chris King
BOARD Christy Householder
BOARD Erin Schneider
CHIEF OPERATING OFFICER Jill Ewing

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$300,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $251K $56K $246K
2023 $87K $290K $64K
2022 $147K $71K $269K
2020 $15K $21K $123K
2019 $13K $25K $122K

Between 2019 and 2024, reported annual revenue grew from $13K to $251K (+1821%), with total assets most recently reported at $246K.

Interactive year-over-year charts and full filing details available with membership.

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