Form 990 for tax year 2024
Filed by UNITED NORTH EAST COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $299,742
- Total expenses
- $580,974
- Contributions and grants received
- $221,424
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $78,300
- Other revenue
- $18
- Total assets, end of year
- $2,893,905
- Total liabilities, end of year
- $570,007
- Net assets or fund balances, end of year
- $2,323,898
- Program services expenses (Part IX)
- $469,561
- Management and general expenses
- $107,250
- Fundraising expenses
- $4,163
- Program service expenses (Part III)
- $469,561
Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$221,424
-
3 · Investment income
total $78,300 · excluded $78,300
-
11a · Other revenue: OTHER REVENUE
total $18 · related or exempt $18
-
11e · Other revenue, total
$18
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $316,861 · program services $261,219 · management and general $52,046 · fundraising $3,596
-
9 · Other employee benefits
total $25,366 · program services $21,626 · management and general $3,448 · fundraising $292
-
10 · Payroll taxes
total $24,438 · program services $19,983 · management and general $4,180 · fundraising $275
-
11c · Fees: accounting
total $6,749 · program services $5,062 · management and general $1,687
-
12 · Advertising and promotion
total $14,058 · management and general $14,058
-
13 · Office expenses
total $3,481 · program services $2,611 · management and general $870
-
14 · Information technology
total $6,194 · management and general $6,194
-
16 · Occupancy
total $33,957 · program services $25,468 · management and general $8,489
-
17 · Travel
total $643 · program services $643
-
22 · Depreciation, depletion and amortization
total $11,500 · program services $8,625 · management and general $2,875
-
23 · Insurance
total $8,569 · program services $6,427 · management and general $2,142
-
24a · Other expenses: GRANT EXPENSES
total $72,511 · program services $72,511
-
24b · Other expenses: COMMUNITY OUTREACH
total $40,000 · program services $40,000
-
24c · Other expenses: BUSINESS EXPENSE
total $7,976 · management and general $7,976
-
24d · Other expenses: TELEPHONE
total $4,357 · program services $3,268 · management and general $1,089
-
24e · All other expenses
total $4,314 · program services $2,118 · management and general $2,196
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $111,422 · end of year $34,961
-
10a · Land, buildings and equipment: cost or other basis
$14,922
-
10b · Land, buildings and equipment: accumulated depreciation
$13,922
-
10c · Land, buildings and equipment, net
beginning of year $12,500 · end of year $1,000
-
12 · Investments: other securities
beginning of year $1,513,003 · end of year $1,513,003
-
15 · Other assets
beginning of year $1,266,641 · end of year $1,344,941
-
17 · Accounts payable and accrued expenses
beginning of year $2,436 · end of year $74,007
-
23 · Secured mortgages and notes payable
beginning of year $296,000 · end of year $296,000
-
24 · Unsecured notes and loans payable
end of year $200,000
-
27 · Net assets without donor restrictions
beginning of year $2,605,130 · end of year $2,323,898
Mission and programs · 2024
Mission
UNEC'S MISSION IS TO ELEVATE THE QUALITY OF LIFE FOR NEIGHBORHOOD RESIDENTS AND OTHER STAKEHOLDERS BY FACILITATING DIVERSE HOUSING OPTIONS, SERVING LOW INCOME RESIDENTS, ENHANCING NEIGHBORHOOD ASSETS, DEVELOPING BUSINESS OPPORTUNITIES, AND EDUCATING OUR COMMUNITY.
-
PROVIDING OPPORTUNITIES TO HELP IMPROVE LIVING CONDITIONS FOR RESIDENTS AND BUSINESSES ON THE NORTHEAST SIDE OF INDIANAPOLIS, INDIANA THROUGH THE USE OF GRANTS RECEIVED FROM COMMUNITY DEVELOPMENT FUNDING SOURCES.
Expenses $469,561
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gregory GarrettGREGORY GARRETT
EXECUTIVE DI
- Total calculated
- $77,785
- From this org
- $77,785
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Pastor Orlando Jordan JrPASTOR ORLANDO JORDAN JR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Kelly FischerKELLY FISCHER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Shelley AshleySHELLEY ASHLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kimberly McElroy-JonesDR KIMBERLY MCELROY-JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dimitri KeyserDIMITRI KEYSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Misty LewisMISTY LEWIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dina Batts-DavenportDINA BATTS-DAVENPORT
EX-OFFICIO B
- Total calculated
- $0
- Hours/week
- 1
-
Francine RowleyFRANCINE ROWLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 22 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202522959349301812
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