NonprofitsRiley Area Development Corporation

Community Improvement & Capacity Building

Riley Area Development Corporation

INDIANAPOLIS, IN

Total revenue

$24K

Total expenses

$525K

Net assets

$6.3M

Grants received

$346K

6 grants

EIN

310963438

Tax year

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.

Financials

FY 2024

Revenue

Contributions & grants$2K
Program service revenue$21K
Investment income$362
Other revenue$185
Total revenue$24K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$525K
Total expenses$525K
Total assets$6.4M
Net assets$6.3M

People

5 listed

NameRoleCompensation

WALTER FREIHOFER

CHAIR

Board

3 hrs/wk

KATHY OVERBEY

SECRETARY

Board

1 hrs/wk

MJ TRUJILLO

VICE CHAIR

Board

1 hrs/wk

KATHLEEN LARA

TREASURER

Board

1 hrs/wk

LAUREN RODRIGUEZ

RDOOR PRESIDENT

Board

4 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$10K
FOR PROJECT RELATED EXPENSES
2021
$27K
FOR PROJECT RELATED EXPENSES
2020
$3K
FUND OPERATIONS
2020
$150K
GENERAL GRANT DISBURSEMENT
2018
$91K
GENERAL GRANT DISBURSEMENT
2018
$65K
RUCKUS Makerspace
2018

Funded by

$346K from 4 funders · 6 grants · 2018–2021

The Indianapolis Foundation Inc

$65K · 1 grant · 2018

Massachusetts Avenue Community

$37K · 2 grants · 2020–2021

Multifamily Coalition For

$3K · 1 grant · 2020

Details

EIN310963438
NTEE codeS31Z
Subsection03
Ruling date2008-11
Formed1979
Employees0
Volunteers0
RILEY AREA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo