Public & Societal Benefit
Downtown Westfield Community Development Corporation
INDIANAPOLIS, IN
Total revenue
$20.1M
Total expenses
$329K
Net assets
$19.8M
Grants received
—
EIN
301402274
Tax year
2024
Mission
Downtown Westfield Community Development Corporation (DWCDC) is operated exclusively to promote the social welfare of the City of Westfield's (the City's) residents by advancing redevelopment and revitalization efforts which enhance the community's social, cultural, and economic conditions. DWCDC supports projects that improve public spaces, infrastructure, and facilities; stimulate capital investment; and encourage rehabilitation of commercial and residential properties. By assisting initiatives that beautify the City of Westfield and foster business and employment growth, the organization plays a key role in transforming underutilized areas into vibrant, functional, and inclusive spaces aligned with the City's development goals. All efforts are aimed at benefiting the public and aligning with the City's broader development goals
Programs
1 program
Public Asset Management and Redevelopment Projects: DWCDC owns and manages real estate and infrastructure assets that support the City of Westfield's long-term redevelopment and public improvement goals. These assets include properties held for future development and revitalization. Related expenses include depreciation and insurance on capital assets that are essential to advancing DWCDC's exempt purpose of stimulating economic growth and enhancing public spaces.
Financials
FY 2024
Revenue
Expenses
People
3 listed
Jim Ake
President
—
1 hrs/wk
Mark Keen
Vice President
—
1 hrs/wk
Chris White
Secretary
—
1 hrs/wk