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Nonprofiteer
← GREATER INDIANAPOLIS PROGRESS COMMITTEE INC

Form 990 for tax year 2024

Filed by GREATER INDIANAPOLIS PROGRESS COMMITTEE INC.

Totals

Total revenue
$681,865
Total expenses
$1,032,086
Contributions and grants received
$351,350
Grants paid
$63,579
Program service revenue
$84,354
Investment income
$246,161
Other revenue
$0
Total assets, end of year
$4,758,952
Total liabilities, end of year
$383,947
Net assets or fund balances, end of year
$4,375,005
Program services expenses (Part IX)
$875,647
Management and general expenses
$80,472
Fundraising expenses
$75,967
Program service expenses (Part III)
$875,647

Program services were 84.8% 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.

  • 1b · Membership dues

    $279,100

  • 1f · All other contributions, gifts and grants

    $72,250

  • 2a · Program service revenue: SERVICE FEE REVENUE

    total $84,354 · related or exempt $84,354

  • 3 · Investment income

    total $246,161 · excluded $246,161

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $63,579 · program services $63,579

  • 5 · Compensation of officers, directors and key employees

    total $168,816 · program services $126,612 · management and general $10,787 · fundraising $31,417

  • 7 · Other salaries and wages

    total $16,557 · program services $12,418 · management and general $1,058 · fundraising $3,081

  • 9 · Other employee benefits

    total $53,016 · program services $41,236 · management and general $3,032 · fundraising $8,748

  • 10 · Payroll taxes

    total $13,759 · program services $10,320 · management and general $884 · fundraising $2,555

  • 11c · Fees: accounting

    total $34,505 · program services $17,846 · management and general $16,453 · fundraising $206

  • 11f · Fees: investment management

    total $8,009 · management and general $8,009

  • 11g · Fees: other

    total $38,171 · program services $19,742 · management and general $18,211 · fundraising $218

  • 13 · Office expenses

    total $11,080 · program services $8,322 · management and general $716 · fundraising $2,042

  • 14 · Information technology

    total $4,584 · fundraising $4,584

  • 16 · Occupancy

    total $26,203 · program services $19,652 · management and general $1,834 · fundraising $4,717

  • 17 · Travel

    total $1,021 · program services $930 · management and general $24 · fundraising $67

  • 19 · Conferences, conventions and meetings

    total $2,621 · program services $2,389 · management and general $60 · fundraising $172

  • 23 · Insurance

    total $10,449 · management and general $10,449

  • 24a · Other expenses: INTERDISCIPLINARY DEFEN

    total $549,720 · program services $549,720

  • 24b · Other expenses: PROGRAM EXPENSES

    total $22,746 · program services $500 · management and general $4,674 · fundraising $17,572

  • 24c · Other expenses: OTHER EXP

    total $7,250 · program services $2,381 · management and general $4,281 · fundraising $588

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $25,393 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $1,578,247 · end of year $1,920,610

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

    $2,000

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

    $2,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,121,586 · end of year $2,454,395

  • 15 · Other assets

    beginning of year $594,799 · end of year $383,947

  • 21 · Escrow or custodial account liability

    beginning of year $594,799 · end of year $383,947

  • 27 · Net assets without donor restrictions

    beginning of year $1,102,695 · end of year $1,344,444

  • 28 · Net assets with donor restrictions

    beginning of year $3,622,531 · end of year $3,030,561

Mission and programs · 2024

Mission

THE GREATER INDIANAPOLIS PROGRESS COMMITTEE EXISTS TO PROVIDE A NON- PARTISAN FORUM IN WHICH LEADERS OF THE PUBLIC AND PRIVATE SECTORS OF INDIANAPOLIS CAN WORK AS PARTNERS TO STUDY, DISCUSS AND ADDRESS ISSUES OF CONCERN AND AREAS OF OPPORTUNITY WHICH AFFECT THE PROGRESS OF THE CITY.

Activities or mission (Part I)

TO PROMOTE THE GROWTH AND DEVELOPMENT OF THE CITY OF INDIANAPOLIS.

  • PROMOTION OF COMMUNITY INTERESTS INCLUDING PROGRAMS IN HUMAN RELATIONS, COMMUNITY DESEGREGATION, HUMAN SERVICES AND VARIOUS CITY RELATED PROGRAMS.

    Expenses $875,647 · Grants $63,579 · Revenue $84,354

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

Listed in Part VII

  • Emily Koschnick

    EXECUTIVE DIRECTOR

    Total calculated
    $156,989
    From this org
    $123,055
    From related orgs
    $0
    Other
    $33,934
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $123,055
    Bonus
    $0
    Other
    $0
    Deferred
    $5,934
    Nontaxable benefits
    $28,000
    Filer's total
    $156,989
  • Heather Wilson

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Yvonne Shaheen

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Bill Shrewsberry

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Brian Henning

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Murray Clark

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Gina Miller

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Ken Zagzebski

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Deborah Daniels

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Maria Wiley

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Tim Nation

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Tony Mason

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Tory Callaghan Castor

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Billie Dragoo

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Matt Carlstedt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristin Mays-Corbitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alice Watson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Latha Ramchand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Le Monte Booker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Leonard Hoops

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Liz Elias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lindsey Scott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Luke Leising

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mamon Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matt Belanger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kristian Little Stricklen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Burk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joyce Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Pahud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Haigh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Justin Sorrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Julie Goodman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Judith Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Gonzalez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melissa Proffitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Cary

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Trachtman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Schacht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Gray McDaniel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Hogan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matt Minrum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marie MacKintosh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Dzwonar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Mulholland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Shegog

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tina Cloer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Wise

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Cook

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Urick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tanuja Singh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tammy Butler Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Suzanne Sweeney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Brock Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Quick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Ransburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Pace Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Bove

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Randy Lewandowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Will Lyon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Portia Bailey-Benard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pete Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Perry Hines

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paula Moan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Babcock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Talty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Misha Rabinowitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael J Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Lach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Abbe Hohmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brittney Turner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Knoble

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fred Glass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Pryor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Falcon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chris Creighton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chip Garver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charlie Hyde

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chad Cassinelli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cathy Ferree

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryce Bennett Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brooke Burtnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Akilah Darden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Rose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Danko

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brett Quandt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brett Michaud

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gregory Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Erin Shaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fred Payne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dave Barrett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Herget

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Waggoner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Mellott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beau Antsy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bill Browne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alan Bacon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brad Ehrlich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Appel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Eckerle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janmarie Connor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Corey Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Greg Petrowich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deana Haworth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Grisell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jean Wojtowicz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Erik Miner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Gaither

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Scroggins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Gershman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emily Krueger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Harrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ellen Saul

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Donald Morgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Sasso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Demetrius Glover

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jane Everett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Umulis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Bischof

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tamara Cypress

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stacy Atkinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shiv O'Neill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Shumaker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pete Morse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Pyrz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Levander

    DIRECTOR

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE DIRECTOR'S SALARY IS BASED ON PREVIOUS EXPERIENCE, A REVIEW OF OTHER SIMILAR TYPES OF NOT-FOR-PROFIT ORGANIZATIONS WITHIN THE STATE, AND THEIR PERFORMANCE AS EXECUTIVE DIRECTOR. GIVEN THAT WE ARE A MEMBERSHIP-BASED ORGANIZATION, THE EXECUTIVE DIRECTOR IS ALSO ELIGIBLE TO RECEIVE A BONUS BASED ON NEW MEMBERS AND RETAINING CURRENT MEMBERS. THE BONUS POLICY WAS APPROVED BY THE EXECUTIVE COMMITTEE.
PART I, LINE 5
THE EXECUTIVE DIRECTOR IS ELIGIBLE TO EARN A DISCRETIONARY BONUS UNDER THIS POLICY, IF ALL THE FOLLOWING CRITERIA ARE ACHIEVED: (1) THE ANNUAL BUDGET IS MET BASED ON PRIOR CALENDAR YEAR, WHICH IS DETERMINED AT THE SOLE DISCRETION OF THE GIPC EXECUTIVE COMMITTEE; (2) THE EXECUTIVE DIRECTOR ACHIEVES A 90% RETENTION RATE OF EXISTING MEMBERSHIP FOR THE PREVIOUS CALENDAR YEAR; (3) THE EXECUTIVE DIRECTOR MEETS HIS/HER ANNUAL INDIVIDUAL PERFORMANCE GOALS IN THE PRIOR CALENDAR YEAR, WHICH IS DETERMINED AT THE SOLE DISCRETION OF THE EXECUTIVE COMMITTEE; (4) THE EXECUTIVE DIRECTOR HAS A HIRE DATE OF NO LATER THAN JUNE 1, OF THE PRIOR CALENDAR YEAR; AND (5) THE EXECUTIVE DIRECTOR IS ACTIVELY EMPLOYED AND IN GOOD STANDING ON THE DATE ANY BONUS IS PAID. IF ALL THE ABOVE CRITERIA ARE MET, THE EXECUTIVE DIRECTOR SHALL RECEIVE THE FOLLOWING AS A BONUS: 1) 1% OF ALL REVENUE GENERATED AND COLLECTED BY EXISTING MEMBERSHIP (NOT SPONSORSHIPS); AND 2) 25% OF ALL REVENUE GENERATED AND COLLECTED BY NEW MEMBERSHIPS (NOT SPONSORSHIPS) AS OF DECEMBER 31, OF THE BONUS YEAR. ANY BONUS AMOUNT FOR A CALENDAR YEAR WILL BE CALCULATED ON OR BEFORE FEBRUARY 15, OF THE FOLLOWING YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CITY OF INDIANAPOLIS

    CITY GOV'T · IN

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.2
Source object
202502979349302205

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