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Nonprofiteer
← SOUTHEAST NEIGHBORHOOD DEVELOPMENT INC

Form 990 for tax year 2024

Filed by SOUTHEAST NEIGHBORHOOD DEVELOPMENT INC.

Totals

Total revenue
$3,058,847
Total expenses
$3,438,906
Contributions and grants received
$2,259,346
Grants paid
$2,145,840
Program service revenue
$683,539
Investment income
$82,964
Other revenue
$32,998
Total assets, end of year
$4,494,260
Total liabilities, end of year
$1,001,799
Net assets or fund balances, end of year
$3,492,461
Program services expenses (Part IX)
$3,105,925
Management and general expenses
$307,948
Fundraising expenses
$25,033
Program service expenses (Part III)
$3,105,925

Program services were 90.3% 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.

  • 1c · Fundraising events

    $935

  • 1e · Government grants (contributions)

    $1,812,828

  • 1f · All other contributions, gifts and grants

    $445,583

  • 2a · Program service revenue: Program rental revenue

    total $608,856 · related or exempt $608,856

  • 2b · Program service revenue: Development revenue

    total $43,152 · related or exempt $43,152

  • 2c · Program service revenue: Rental and owner fees

    total $31,531 · related or exempt $31,531

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $46,598 · excluded $46,598

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    other assets $902,103

  • 7b · Less cost or other basis and sales expenses

    other assets $865,737

  • 7c · Gain or loss

    securities $0 · other assets $36,366

  • 7d · Net gain or loss

    total $36,366 · excluded $36,366

  • 8a · Fundraising events: gross income

    $23,500

  • 8a · Fundraising events: contributions included on line 1c

    $935

  • 8b · Fundraising events: direct expenses

    $4,021

  • 8c · Net income from fundraising events

    total $19,479 · excluded $19,479

  • 11d · All other revenue

    total $13,519 · related or exempt $0 · unrelated business $0 · excluded $13,519

  • 11e · Other revenue, total

    $13,519

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $74,924 · program services $74,924

  • 2 · Grants to domestic individuals

    total $2,070,916 · program services $2,070,916

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $106,427 · program services $84,832 · management and general $21,595

  • 6 · Compensation of disqualified persons

    total $33,313 · program services $33,313

  • 7 · Other salaries and wages

    total $263,870 · program services $155,572 · management and general $108,298

  • 9 · Other employee benefits

    total $73,553 · program services $58,628 · management and general $14,925

  • 10 · Payroll taxes

    total $35,684 · program services $28,443 · management and general $7,241

  • 11b · Fees: legal

    total $11,412 · program services $8,617 · management and general $2,795

  • 11c · Fees: accounting

    total $249,101 · program services $168,293 · management and general $80,808

  • 11g · Fees: other

    total $24,838 · program services $0 · management and general $24,838 · fundraising $0

  • 12 · Advertising and promotion

    total $17,623 · program services $14,007 · management and general $762 · fundraising $2,854

  • 13 · Office expenses

    total $5,886 · program services $3,978 · management and general $1,908

  • 16 · Occupancy

    total $256,007 · program services $209,656 · management and general $33,082 · fundraising $13,269

  • 17 · Travel

    total $81 · management and general $81

  • 19 · Conferences, conventions and meetings

    total $3,215 · program services $2,677 · management and general $384 · fundraising $154

  • 20 · Interest

    total $21,144 · program services $21,144

  • 22 · Depreciation, depletion and amortization

    total $109,821 · program services $99,668 · management and general $10,153

  • 24a · Other expenses: Tenant repairs and maintenance

    total $69,907 · program services $69,907

  • 24b · Other expenses: Program expenses

    total $1,543 · program services $1,350 · fundraising $193

  • 24e · All other expenses

    total $9,641 · program services $0 · management and general $1,078 · fundraising $8,563

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $116,296 · end of year $167,913

  • 2 · Savings and temporary cash investments

    beginning of year $1,004,421 · end of year $555,470

  • 3 · Pledges and grants receivable

    beginning of year $487,814 · end of year $358,220

  • 4 · Accounts receivable

    beginning of year $3,569 · end of year $18,556

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $691,045 · end of year $829,807

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

    $4,494,239

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

    $2,286,673

  • 10c · Land, buildings and equipment, net

    beginning of year $2,288,926 · end of year $2,207,566

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $472,932 · end of year $356,728

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $339,189 · end of year $364,896

  • 19 · Deferred revenue

    beginning of year $5,671 · end of year $15,044

  • 21 · Escrow or custodial account liability

    beginning of year $153,179 · end of year $109,835

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $580,121 · end of year $397,701

  • 24 · Unsecured notes and loans payable

    beginning of year $114,323 · end of year $114,323

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,497,520 · end of year $3,162,178

  • 28 · Net assets with donor restrictions

    beginning of year $375,000 · end of year $330,283

Mission and programs · 2024

Mission

Southeast Neighborhood Development, Inc. (SEND) is a non-profit community development corporation that advocates for housing, economic, and social equity by working with residents, business owners, and community partners to create and maintain inclusive, healthy, and vibrant neighborhoods in southeast Indy. Since 1983, we've invested more than $40 million in development projects in our community while improving housing, attracting business and investment, fostering education, sponsoring unique events, and helping spread the word about all the good things going on in our neighborhood.

Activities or mission (Part I)

Serving Southeast Indianapolis with Community Building, Economic Development, and Affordable Housing programs and services.

  • Affordable Housing SEND envisions vibrant communities where equitable access to high-quality, long-term affordable housing is a reality for all, irrespective of income, race, ethnicity, background, or ability.

    Expenses $2,629,269 · Grants $2,024,734 · Revenue $683,539

  • Economic Development SEND envisions vibrant local economies where small business owners and entrepreneurs no longer face barriers, having equitable access to capital and resources that support business growth.

    Expenses $352,696 · Grants $83,696

  • Community Building SEND envisions neighborhoods where all voices have a space and a place to advocate for a better quality of life.

    Expenses $123,960 · Grants $37,410

As filed on the 2024 return.

Listed in Part VII

  • Chad Dickerson

    Immediate Past Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Daniel Cruse

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Emily Vanest

    Immediate Past Chair (part year)

    Total calculated
    $0
    Hours/week
    0.5

  • Jessica Darling

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Pastor David Bacon

    Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • S Taylor Hughes

    At-Large (part year)

    Total calculated
    $0
    Hours/week
    0.5

  • Sarah Savage

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Andy Kocher

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Brenda Mcatee

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Catherine Esselman

    Director (part year)

    Total calculated
    $0
    Hours/week
    0.5

  • David Dalton

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Kenya McMillin

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Mike Mulcahy

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Peggy Frame

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Ralph Adams

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Tim Ramsey

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Kelli Mirgeaux

    President

    Total calculated
    $106,426
    From this org
    $106,359
    From related orgs
    $0
    Other
    $67
    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

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.

  • SEND Hanna Commons LLC

    Support Hanna Commons, a 55-unit permanent supportive housing project in partnership with UpHoldings · IN · income $0 · assets $0

    Directly controlled by Southeast Neighborhood Development

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • UP Hanna Commons LP

    Related · Housing · IN · share of income -$80 · general or managing partner

    Directly controlled by SEND Hanna Commons LLC

Provenance

Return type
form_990
Tax year
2024
Filed
18 August 2025
IRS schema version
2024v5.1
Source object
202502309349300830

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