Totals
- Total revenue
- $200,201
- Total expenses
- $175,835
- Contributions and grants received
- $191,502
- Grants paid
- $39,720
- Program service revenue
- $0
- Investment income
- $15,563
- Other revenue
- -$6,864
- Total assets, end of year
- $735,020
- Total liabilities, end of year
- $69,372
- Net assets or fund balances, end of year
- $665,648
- Program services expenses (Part IX)
- $136,747
- Management and general expenses
- $21,871
- Fundraising expenses
- $17,217
- Program service expenses (Part III)
- $136,747
Program services were 77.8% 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.
-
1c · Fundraising events
$40,017
-
1e · Government grants (contributions)
$33,368
-
1f · All other contributions, gifts and grants
$118,117
-
3 · Investment income
total $3 · excluded $3
-
7a · Gross sales of assets other than inventory
other assets $349,230
-
7b · Less cost or other basis and sales expenses
other assets $333,670
-
7c · Gain or loss
other assets $15,560
-
7d · Net gain or loss
total $15,560 · excluded $15,560
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$40,017
-
8b · Fundraising events: direct expenses
$7,980
-
8c · Net income from fundraising events
total -$7,980 · excluded -$7,980
-
11a · Other revenue: OTHER INCOME
total $1,116 · related or exempt $1,116
-
11e · Other revenue, total
$1,116
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $39,720 · program services $39,720
-
11a · Fees: management
total $50,638 · program services $17,217 · management and general $16,204 · fundraising $17,217
-
11c · Fees: accounting
total $1,050 · program services $1,050
-
22 · Depreciation, depletion and amortization
total $1,653 · program services $1,653
-
23 · Insurance
total $1,355 · management and general $1,355
-
24a · Other expenses: PROGRAM
total $77,107 · program services $77,107
-
24b · Other expenses: MISCELLANEOUS
total $4,312 · management and general $4,312
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $299,348 · end of year $508,962
-
4 · Accounts receivable
beginning of year $25,750 · end of year $23,869
-
10a · Land, buildings and equipment: cost or other basis
$122,060
-
10b · Land, buildings and equipment: accumulated depreciation
$2,480
-
10c · Land, buildings and equipment, net
beginning of year $121,233 · end of year $119,580
-
13 · Investments: program-related
beginning of year $291,604 · end of year $82,609
-
19 · Deferred revenue
beginning of year $96,350 · end of year $69,372
-
27 · Net assets without donor restrictions
beginning of year $556,750 · end of year $561,175
-
28 · Net assets with donor restrictions
beginning of year $84,835 · end of year $104,473
Mission and programs · 2022
Mission
INDY GATEWAY WAS CREATED FOR AND ITS PRIMARY OBJECTIVE IS TO IMPROVE ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT. THE PURPOSES INCLUDE PROMOTING ECONOMIC GROWTH, INCREASING OPPORTUNITIES FOR THE REVITALIZATION OF NEIGHBORHOODS, AND MAKING THE WEST SIDE OF INDIANAPOLIS A PLACE WHERE FAMILIES WANT TO LIVE, WORK AND PLAY.
-
AFFORDABLE HOUSING INDY GATEWAY HAS EXPANDED ITS PARTNERSHIP TO INCLUDE PRIVATE CONTRACTOR BUILDS IN 2021. OUR FIRST TWO HOUSES WERE SOLD AT 5034 NAOMI AND 5038 NAOMI. THE PROGRAM CONTINUES AND WE ARE CURRENTLY BUILDING A HOUSE AT 315 VINE AND PLAN TO BUILD A SECOND HOUSE AT 307 VINE. HOUSES ARE PUT ON THE MARKET FOR QUALIFIED HOMEBUYERS AND TURN THESE AREA LIABILITIES INTO TAX GENERATING PROPERTIES THAT WILL BENEFIT OUR LOCAL ENTITIES AND IMPROVE THE NEIGHBORHOOD AND BUILT IN FEDERALLY DESIGNATED LOW AND MODERATE-INCOME AREAS. THE AREA 31 CAREER CENTER HOUSE BUILDS REMAINED ON HOLD WITH PLANS TO BEGIN A BUILD IN AUGUST OF 2023. THE OBJECTIVE WAS TO BUILD TWO HOUSES. NUMBER OF CLIENTS IS NOT APPLICABLE. DAYS PROVIDED NOT APPLICABLE. EVENTS HELD NOT APPLICABLE.
Expenses $129,903 · Grants $9,500 · Revenue $1,116
-
SHELTON HEIGHTS PARK WAS IMPROVED WITH AN 8 FOOT HIGH SINGLE POST SWING SET WITH WITH CHAINS AND SEATS TO ENHANCE THE PARK. THE OBJECTIVE WAS TO BUILD A SWINGSET. NUMBER OF CLIENTS IS NOT APPLICABLE. DAYS PROVIDED NOT APPLICABLE. EVENTS HELD NOT APPLICABLE.
Expenses $3,137
-
ECONOMIC DEVELOPMENT AND INFRASTRUCTURE IMPROVEMENTS EFFORTS CONTINUE AS INDY GATEWAY IS PARTNERED WITH THE CITY OF INDIANAPOLIS TO ANNOUNCE AN OVER $20M ROADWAY AND STORMWATER INFRASTRUCTURE IMPROVEMENT PRJECTS COMING TO WEST WASHINGTON STREET, BETWEEN HOLT ROAD TO LYNHURST DRIVE. ANOTHER BIG TICKET ITEM WILL BE NEWLY CONSTRUCTED SIDEWALKS ALONG THE CORRIDOR. INDY GATEWAY'S CONTINUED ADVOCACY FOR THIS INITIATIVE AND INVESTMENT RESULTED IN THIS FIRST STEP. THE OBJECTIVE WAS TO HAVE THE CITY IMPROVE ROADS AND SIDEWALKS FOR THIS AREA. THIS PROJECT WILL BE FUNDED BY AND THROUGH THE CITY OF INDIANAPOLIS. NO FUNDING THROUGH INDY GATEWAY.
-
Expenses $3,707 · Grants $30,220
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lisa BentleyLISA BENTLEY
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 25
-
Troy BrosseauTROY BROSSEAU
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Karlee MacerKARLEE MACER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Guy FinnGUY FINN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Timothy BrownTIMOTHY BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey K ButtsJEFFREY K BUTTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maximillian CoconatoMAXIMILLIAN COCONATO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd CookTODD COOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jared EvansJARED EVANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard JosephRICHARD JOSEPH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Renee PackRENEE PACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John Wesly PapabathiniJOHN WESLY PAPABATHINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard ProctorRICHARD PROCTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matthew J PrusieckiMATTHEW J PRUSIECKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris PryorCHRIS PRYOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WeinzapfelJONATHAN WEINZAPFEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris WilkesCHRIS WILKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Caitlin WithersCAITLIN WITHERS
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.
Grants on this return
-
TO FUND NEW NON-PROFIT ORGANIZATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341519349300434
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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