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Nonprofiteer
← INDIANA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Form 990 for tax year 2024

Filed by INDIANA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC.

Totals

Total revenue
$980,569
Total expenses
$1,010,827
Contributions and grants received
$540,523
Grants paid
$0
Program service revenue
$299,874
Investment income
$16,937
Other revenue
$123,235
Total assets, end of year
$659,366
Total liabilities, end of year
$224,099
Net assets or fund balances, end of year
$435,267
Program services expenses (Part IX)
$760,275
Management and general expenses
$246,103
Fundraising expenses
$4,449
Program service expenses (Part III)
$760,275

Program services were 75.2% 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.

  • 1b · Membership dues

    $85,600

  • 1f · All other contributions, gifts and grants

    $454,923

  • 2a · Program service revenue: FEES FOR SERVICE

    total $299,874 · related or exempt $299,874

  • 3 · Investment income

    total $16,937 · excluded $16,937

  • 11a · Other revenue: SPONSORSHIPS

    total $108,875 · related or exempt $108,875

  • 11b · Other revenue: REGISTRATIONS

    total $11,690 · related or exempt $11,690

  • 11c · Other revenue: MISCELLANEOUS

    total $2,670 · related or exempt $2,670

  • 11e · Other revenue, total

    $123,235

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $120,224 · program services $97,909 · management and general $21,637 · fundraising $678

  • 7 · Other salaries and wages

    total $536,995 · program services $437,326 · management and general $96,643 · fundraising $3,026

  • 9 · Other employee benefits

    total $63,790 · program services $46,379 · management and general $17,081 · fundraising $330

  • 10 · Payroll taxes

    total $47,240 · program services $29,831 · management and general $17,080 · fundraising $329

  • 11c · Fees: accounting

    total $78,484 · program services $45,424 · management and general $32,992 · fundraising $68

  • 11g · Fees: other

    total $5,572 · program services $3,865 · management and general $1,707

  • 12 · Advertising and promotion

    total $752 · program services $752

  • 13 · Office expenses

    total $5,788 · program services $2,545 · management and general $3,243

  • 14 · Information technology

    total $16,774 · program services $9,185 · management and general $7,589

  • 16 · Occupancy

    total $37,724 · management and general $37,724

  • 17 · Travel

    total $22,620 · program services $22,224 · management and general $396

  • 19 · Conferences, conventions and meetings

    total $52,926 · program services $52,615 · management and general $311

  • 22 · Depreciation, depletion and amortization

    total $3,241 · program services $2,639 · management and general $584 · fundraising $18

  • 23 · Insurance

    total $5,118 · management and general $5,118

  • 24a · Other expenses: FINANCIAL EDUCATION PROG.

    total $6,000 · program services $6,000

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $5,910 · program services $2,059 · management and general $3,851

  • 24c · Other expenses: MISCELLANEOUS

    total $1,669 · program services $1,522 · management and general $147

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $84,366 · end of year $124,774

  • 2 · Savings and temporary cash investments

    beginning of year $458,078 · end of year $380,182

  • 4 · Accounts receivable

    beginning of year $9,098 · end of year $106,225

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,157 · end of year $12,782

  • 10a · Land, buildings and equipment: cost or other basis

    $67,595

  • 10b · Land, buildings and equipment: accumulated depreciation

    $56,309

  • 10c · Land, buildings and equipment, net

    beginning of year $8,577 · end of year $11,286

  • 15 · Other assets

    beginning of year $53,057 · end of year $24,117

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,000 · end of year $66,574

  • 19 · Deferred revenue

    beginning of year $47,751 · end of year $133,408

  • 25 · Other liabilities

    beginning of year $53,057 · end of year $24,117

  • 27 · Net assets without donor restrictions

    beginning of year $51,460 · end of year $280,107

  • 28 · Net assets with donor restrictions

    beginning of year $414,065 · end of year $155,160

Mission and programs · 2024

Mission

THE ORGANIZATION BUILDS A BETTER FUTURE FOR OUR COMMUNITIES BY PROVIDING ADVOCACY, LEVERAGING RESOURCES, AND ENGAGING AN EMPOWERED NETWORK OF MEMBERS TO CREATE INCLUSIVE OPPORTUNITIES THAT BUILD ASSETS AND IMPROVE LIVES.

  • RESOURCES: PROSPERITY INDIANA IS DEDICATED TO PROVIDING MEMBERS WITH HELPFUL TOOLS TO ADVANCE THEIR WORK. RESOURCES INCLUDE CONSULTING SERVICES, TRAININGS, AN ON-DEMAND RESOURCE LIBRARY, AND FUNDING. TRAINING AND TECHNICAL ASSISTANCE ARE ALIGNED SERVICES TO BUILD THE CAPACITY OF COMMUNITY ECONOMIC DEVELOPMENT PRACTITIONERS AND THE ORGANIZATIONS EMPLOYING THEM. THE ORGANIZATION DELIVERS A ROBUST SCHEDULE TRAINING PROGRAMS FOR MEMBER ORGANIZATION STAFF AND OTHERS IN THE COMMUNITY DEVELOPMENT FIELD. TRAINING TOPICS ADDRESS THE DIVERSITY OF TECHNICAL AND ADAPTIVE KNOWLEDGE NECESSARY TO MANAGE ORGANIZATIONS, EXERCISE LEADERSHIP, AND DELIVER OUTCOMES. TECHNICAL ASSISTANCE IS LONG-TERM, ONE-ON-ONE CONSULTING SUPPORT. STAFF PROVIDE A DEPTH OF EXPERIENCE AND KNOWLEDGE. THE ORGANIZATION PROVIDES TECHNICAL ASSISTANCE IN THE FOLLOWING CATEGORICAL AREAS: BOARD GOVERNANCE, FINANCIAL MANAGEMENT, PLANNING (STRATEGIC, COMPREHENSIVE, MULTI-SECTOR, ETC.), PROGRAM/PROJECT DEVELOPMENT AND DELIVERY, RESOURCE DEVELOPMENT, STAFF DEVELOPMENT, AND STAFF MANAGEMENT SERVICES. THE ORGANIZATION'S ROLE OF FUNDER PRIMARILY INCLUDES SECURING PASS-THROUGH GRANTS TO SUPPORT MEMBER PROJECTS, INCLUDING LEVERAGING STATE AND NATIONAL PARTNER RESOURCES AVAILABLE FOR THIS PURPOSE. THE ORGANIZATION ALSO SERVES AS THE FISCAL AGENT AND PROGRAM MANAGER FOR MEMBER INITIATIVES TO HELP LAUNCH INNOVATION.

    Expenses $271,902 · Revenue $299,874

  • ENGAGEMENT: PROSPERITY INDIANA UTILIZES A NUMBER OF STRATEGIES TO ACCOMPLISH COMMUNITY BUILDING AND CONNECTING TO STRENGTHEN AND UNITE MEMBERS. THIS INCLUDES THE ORGANIZATION'S BLOG AND SOCIAL NETWORKS, THE MONTHLY PIECE OF THE PI NEWSLETTER, PEER-TO-PEER CONVENINGS, MEMBERSHIP DIRECTORY, AN ANNUAL SUMMIT AND LEADERSHIP AWARDS PRESENTATION, AND REGIONAL MEMBER MEETINGS. THE ORGANIZATION ALSO ACCOMPLISHES CONNECTIVITY AND ADVOCACY GOALS THROUGH COALITION BUILDING EFFORTS.

    Expenses $289,312

  • ADVOCACY: ADVOCACY AND POLICY ENGAGEMENT ARE IMPORTANT PARTS OF A SUCCESSFUL COMMUNITY ECONOMIC DEVELOPMENT FRAMEWORK. THE ORGANIZATION'S ADVOCACY WORK STRENGTHENS MEMBERS BY BUILDING RELATIONSHIPS. IT ENHANCES MEMBERS' SKILLS AND CAPACITY TO UNDERSTAND THEIR OWN POLICY ENVIRONMENTS, LARGE AND SMALL, AND TO COMMUNICATE THEIR VALUES AND PRIORITIES TO THEIR ELECTED OFFICIALS AND PROGRAM ADMINISTRATORS. IT ENABLES FRONT-LINE PRACTITIONERS TO HAVE THEIR VOICES HEARD IN POLICY DEBATES AND ON EMERGING POLICY ISSUES. THE ADVOCACY FUNCTION ORGANIZES MEMBERS AND SUPPORTERS AROUND A POLICY AGENDA, BUILDS AND MAINTAINS STRATEGIC PARTNERSHIPS WITH ALLIES TO ADVANCE THIS AGENDA, AND MONITORS AND EXPLAINS TRENDS IN POLICYMAKING TO MEMBERS.

    Expenses $199,061

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Steven Meyer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Alyssa Prince

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Mark Lindenlaub

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Keith Broadnax

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Amandula Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Justin Barker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angela Byers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Carman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dennis Cecil

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rosie Levya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marie Morse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anna Schoon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aspen Clemons

    EXECUTIVE DI

    Total calculated
    $120,224
    From this org
    $120,224
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PROSPERITY INDIANA FUND LLC

    ASSISTANCE · IN

Provenance

Return type
form_990
Tax year
2024
Filed
14 October 2025
IRS schema version
2024v5.0
Source object
202542949349300224

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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