Public Charity

RILEY AREA DEVELOPMENT CORPORATION

Based in INDIANAPOLIS, IN, RILEY AREA DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $24K in revenue, $525K in expenses, $6.4M in total assets for fiscal year 2024. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $894K.

EIN: 310963438 INDIANAPOLIS, IN Latest filing: 2024
Total Revenue$24K
Total Expenses$525K
Total Assets$6.4M
Grant Records13
Funding Total$894K
Filing Years2019–2024

Mission

THE MISSION OF RILEY AREA DEVELOPMENT CORPORATION IS TO DEVELOP AND SUPPORT A SUSTAINABLE COMMUNITY ENVIRONMENT IN AND AROUND DOWNTOWN INDIANAPOLIS THROUGH AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, HEALTHY PUBLIC SPACE AND COMMUNITY DEVELOPMENT.

Sample Grants Received

2021
FOR PROJECT RELATED EXPENSES
$10,000
2020
FOR PROJECT RELATED EXPENSES
$27,476
$128,000
$105,100
2018
GENERAL GRANT DISBURSEMENT
$150,000

Showing up to 5 of 13 total records — full history available with membership.

Officers & Directors

TREASURER Kathleen Lara
SECRETARY Kathy Overbey
RDOOR PRESIDENT Lauren Rodriguez
VICE CHAIR Mj Trujillo
CHAIR Walter Freihofer

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL GRANT DISBURSEMENT
$386,632 3 grants
SEE PART IV
$218,850 2 grants
OPERATING SUPPORT
$105,100 1 grant
RUCKUS Makerspace
$65,000 1 grant
See Part IV
$55,880 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $24K $525K $6.4M
2022 $357K $756K $8.1M
2020 $698K $1.0M $9.4M
2019 $1.3M $924K $10.5M

Between 2019 and 2024, reported annual revenue declined from $1.3M to $24K (-98%), with total assets most recently reported at $6.4M.

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

See the full picture for RILEY AREA DEVELOPMENT CORPORATION

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