NonprofitsWest Indianapolis Development Corp

Community Improvement & Capacity Building

West Indianapolis Development Corp

INDIANAPOLIS, IN

Total revenue

$930K

Total expenses

$770K

Net assets

$3.4M

Grants received

$152K

6 grants

EIN

351886746

Tax year

2024

Mission

To identify community resources, promote community assets and implement programs and activities that increase housing opportunities and improve the quality of life in West Indianapolis.

Programs

3 programs

Retail. In 2024 WIDC began construction on 2 new units of for-sale affordable housing that sold or will sell to individuals or families at or below 80% of the area median income as determined by HUD.

Expenses: $17K

Economic Development. To meet the needs of the community and provide economic and service retail opportunities to the neighborhood, WIDC owns and maintains 5 units of commercial real estate. One of those units is the organization's offices. For 2024 1 unit housed the field office for the construction company that rebuilt Morris Street. One is the neighborhood laundry, and the other two were vacant.

Expenses: $52K

Neighborhood Development - WIDC's effort to create healthy neighborhoods that address not only housing issues, but also education, safety, health and many other issues. This program helps neighborhood residents, businesses, and community organizations get organized and involved in the neighborhood, decide on neighborhood priorities, and act on plans to drive meaningful change. Home Development - WIDC works with the Indianapolis Neighborhood Partnership and Habitat for Humanity to assist qualifying persons to obtain a mortgage loan to buy a home.

Expenses: $371K

Financials

FY 2024

Revenue

Contributions & grants$393K
Program service revenue$392K
Investment income$137K
Other revenue$7K
Total revenue$930K

Expenses

Grants paid
Salaries & benefits$327K
Fundraising
Other expenses$443K
Total expenses$770K
Total assets$3.7M
Net assets$3.4M

People

14 listed

NameRoleCompensation

Lisa Laflin

Executive Director

Board

$95K

40 hrs/wk

Mike Clemens

Director

Board

1 hrs/wk

Kristen Marble

Director

Board

1 hrs/wk

Michele Annee

Vice President

Board

1 hrs/wk

Heather Pease

Director - Start 09/24

Board

1 hrs/wk

Kevin Watson

Director

Board

1 hrs/wk

Phil Huldeen

Treasurer

Board

1 hrs/wk

Toby Salyers

President

Board

2 hrs/wk

Amanda Reynolds

Director - Start 05/24

Board

1 hrs/wk

Sharla Osuna Rios

Director - Start 11/24

Board

1 hrs/wk

Jalen Roseberry

Director - Start 11/24

Board

1 hrs/wk

Ted Weaver

Director

Board

1 hrs/wk

Lena Webb

Director - Start 11/24

Board

1 hrs/wk

Tammy Goodyear

Director

Board

1 hrs/wk

Independent contractors

Structure Midwest

Construction

$483K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$60K
A Common Vision and Plan for CDCs in Marion County
2024
$15K
General Grant Disbursements
2023
$30K
GENERAL GRANT DISBURSEMENT
2022
$15K
GENERAL GRANT DISBURSEMENT
2020

Funded by

$152K from 3 funders · 6 grants · 2018–2024

Details

EIN351886746
NTEE codeS20Z
Subsection03
Ruling date1993-09
Formed1992
Employees6
Volunteers13
WEST INDIANAPOLIS DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo