Nonprofits16 Tech Community Corporation

Community Improvement & Capacity Building

16 Tech Community Corporation

INDIANAPOLIS, IN

Total revenue

$11.0M

Total expenses

$11.3M

Net assets

$109.1M

Grants received

$49.8M

26 grants

EIN

810853467

Tax year

2024

Mission

16 tech community corporation (16tcc) is responsible for the development of the 50-acre 16 tech innovation district, a growing mixed-use destination for entrepreneurship and innovation in indianapolis. 16 tech seeks to foster the tech enablement of the life-sciences and advanced manufacturing industries key to indiana's economy through a place-based strategy.

Financials

FY 2024

Revenue

Contributions & grants$7.3M
Program service revenue$3.0M
Investment income$711K
Other revenue$12K
Total revenue$11.0M

Expenses

Grants paid$392K
Salaries & benefits$3.4M
Fundraising$225K
Other expenses$7.6M
Total expenses$11.3M
Total assets$157.0M
Net assets$109.1M

People

23 listed

NameRoleCompensation

EMILY KRUEGER

PRESIDENT AND CEO

Board

$437K

40 hrs/wk

ALEX KURRELMEIER

CHIEF FINANCIAL OFFICER

Board

$228K

40 hrs/wk

NICOLE PAULK

DIRECTOR

Board

1 hrs/wk

AMAN BRAR

DIRECTOR

Board

1 hrs/wk

RAMESH DURVASULA

DIRECTOR

Board

1 hrs/wk

JOE GLASS

DIRECTOR

Board

1 hrs/wk

KRISTIN MAYS-CORBITT

DIRECTOR

Board

1 hrs/wk

ALAN PALKOWITZ

DIRECTOR

Board

1 hrs/wk

DAVID ROBERTS

DIRECTOR

Board

1 hrs/wk

ESTHER SANDLIN

DIRECTOR

Board

1 hrs/wk

JAMES SCHELLINGER

DIRECTOR

Board

1 hrs/wk

VINCENT ASH

DIRECTOR TO 12/17

Board

1 hrs/wk

RUSS MUMPER

DIRECTOR

Board

1 hrs/wk

MICHAEL HUBER

DIRECTOR

Board

1 hrs/wk

DAN HASLER SR

DIRECTOR

Board

1 hrs/wk

JEFFREY HARRISON

TREASURER

Board

1 hrs/wk

TORY CASTOR

SECRETARY

Board

1 hrs/wk

MELINA KENNEDY

CHAIR

Board

1 hrs/wk

JACQUELINE CROMLEIGH ECKHARDT

VP OF BRAND STRATEGY

Staff

$144K

40 hrs/wk

KAREN B SCHNEIDER

CONTROLLER

Staff

$138K

40 hrs/wk

NIDA ANSARI

CHIEF INNOVATION OFFICER

Staff

$135K

40 hrs/wk

TRACEY C JACKSON

VP OF WORKFORCE DEV & COMM IMPACT

Staff

$131K

40 hrs/wk

ERIC MILLER

DIRECTOR OF BUSINESS DEVELOPMENT

Staff

$107K

40 hrs/wk

Independent contractors

KOKOSING CONTRUCTION CO

CONSTRUCTION SERVICES

$8.6M

BOWEN ENGINEERING CORP

CONSTRUCTION SERVICES

$2.8M

AMERICAN STRUCTURE POINT

CONSTRUCTION SERVICES

$1.0M

JS HELD LLC

CONSTRUCTION SERVICES

$210K

THE FLATLAND

MARKETING SERVICES

$110K

Grants received

Showing 26 of 26

FromAmountPurposeYear
$47K
Sound Expeditions
2024
$20K
Inaugural artist-in-residence program & text-based poetry commissions
2024
$5K
CIVIC/COMMUNITY PROGRAMMING
2024
$7M
GENERAL OPERATING SUPPORT
2023
$1.2M
GENERAL OPERATING SUPPORT
2023
$65K
Catalyzing 16 Tech's Inclusive Innovation Ecosystem
2023
$10K
GENERAL FUND
2023
$747K
GENERAL OPERATING SUPPORT
2022
$473K
EMPLOYEE MATCHING GIFT(S)
2022
$100K
CATALYZING 16 TECH'S INCLUSIVE INNOVATION ECOSYSTEM
2022
$12K
To Be Used at the Organization's Discretion
2022
$5K
Gift Honoring Marilee Springer's Service
2022
$18M
PHASE I DEVELOPMENT
2021
$4.5M
GENERAL OPERATING SUPPORT
2021
$155K
For grant recipient's exempt purposes
2021
$155K
For grant recipient's exempt purposes
2021
$75K
16 Tech Community Corporation
2020
$17M
PHASE I DEVELOPMENT
2018
$40K
PROGRAM/OPERATING SUPPORT
2018
$10K
OPERATING SUPPORT
2018
$125K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$49.8M from 11 funders · 26 grants · 2017–2024

Lilly Endowment Inc

$48.9M · 7 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$435K · 3 grants · 2017–2021

The Indianapolis Foundation Inc

$209K · 5 grants · 2018–2024

Eli Lilly And Company Foundation

$100K · 1 grant · 2022

The Bank of America Charitable Foundation Inc

$100K · 4 grants · 2018–2021

Meridian Foundation Inc

$10K · 1 grant · 2023

Details

EIN810853467
NTEE codeS30
Subsection03
Ruling date2016-01
Formed2015
Employees40
Volunteers10
16 TECH COMMUNITY CORPORATION — Mission, Financials & Grants Received | Grantivo