Public Charity

INDIANAPOLIS MINISTRIES 1 INC

INDIANAPOLIS MINISTRIES 1 INC is a Public Charity headquartered in DENVER, CO. Financial data from the 2024 filing: $859K revenue, $719K expenses, $2.4M total assets. 1 publicly reported grants to this organization, totaling roughly $426K, appear in IRS filings.

EIN: 475178092 DENVER, CO Housing Support NTEE: L80 Latest filing: 2024
Total Revenue$859K
Total Expenses$719K
Total Assets$2.4M
Grant Records1
Funding Total$426K
Filing Years2019–2024

Mission

INDIANAPOLIS MINISTRIES I, INC. (IM1I), IS A NOT-FOR-PROFIT CORPORATION FORMED ON SEPTEMBER 25, 2015, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 74-UNIT COMMUNITY LOCATED IN INDIANAPOLIS, INDIANA, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW INCOME ELDERLY OR DISABLED PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE AND CAPITAL ADVANCES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.

Where $100 goes at Indianapolis Ministries 1 Inc

How Indianapolis Ministries 1 Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$96 Programs the work itself
$4 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 $96 for programs

$96
Indianapolis ministries I, inc
All 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.

Sample Grants Received

2016
TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING
$426,117

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

TREASURER Chad Payne
VICE PRESIDENT Edgar Flagg Iii
VICE PRESIDENT Fatmah Farraj
SECRETARY/DIRECTOR Joe Rosenblum
VICE PRESIDENT/DIRECTOR Kassidi Boening
PRESIDENT Mark Angelini

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$426,117 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $859K $719K $2.4M
2023 $743K $1.1M $2.3M
2022 $737K $692K $2.6M
2020 $682K $638K $2.7M
2019 $662K $576K $2.7M

Between 2019 and 2024, reported annual revenue grew from $662K to $859K (+30%), with total assets most recently reported at $2.4M.

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

See the full picture for INDIANAPOLIS MINISTRIES 1 INC

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