Form 990 for tax year 2022
Filed by NORTHEAST INDIANA FOUNDATION INC.
Totals
- Total revenue
- $297,344
- Total expenses
- $325,293
- Contributions and grants received
- $295,293
- Grants paid
- $325,293
- Program service revenue
- $0
- Investment income
- $876
- Other revenue
- $1,175
- Total assets, end of year
- $512,473
- Total liabilities, end of year
- $237,000
- Net assets or fund balances, end of year
- $275,473
- Program services expenses (Part IX)
- $325,293
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $325,293
Program services were 100.0% 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
$295,293
-
3 · Investment income
total $876 · excluded $876
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,175 · related or exempt $1,175
-
11e · Other revenue, total
$1,175
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $325,293 · program services $325,293
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $505,111 · end of year $467,473
-
3 · Pledges and grants receivable
beginning of year $30,000 · end of year $45,000
-
10a · Land, buildings and equipment: cost or other basis
$124,169
-
10b · Land, buildings and equipment: accumulated depreciation
$124,169
-
17 · Accounts payable and accrued expenses
beginning of year $216,890 · end of year $237,000
-
25 · Other liabilities
beginning of year $14,799
-
27 · Net assets without donor restrictions
beginning of year $273,422 · end of year $275,473
-
28 · Net assets with donor restrictions
beginning of year $30,000
Mission and programs · 2022
Mission
THE NORTHEAST INDIANA FOUNDATION MISSION IS TO SUPPORT THE PARTNERSHIP THROUGH SUSTAINED LEADERSHIP, COLLABORATION, TRANSFORMATIVE INITIATIVES, AND THE ALIGNMENT OF RESOURCES TOWARD SHARED REGIONAL GOALS.
Activities or mission (Part I)
OUR MISSION IS TO SUPPORT THE NORTHEAST INDIANA REGIONAL PARTNERSHIP THROUGH SUSTAINED LEADERSHIP, COLLABORATION, TRANSFORMATIVE INITIATIVES AND THE ALIGNMENT OF RESOURCES TOWARD SHARED REGIONAL GOALS.
-
THE ORGANIZATION SUPPORTED THE NORTHEAST INDIANA REGIONAL PARTNERSHIP'S ACTIVITIES INCLUDING: ASSISTED IN LOCATING 1 NEW COMPANY IN THE REGION, WITH 23.8 MILLION IN NEW INVESTMENT AND 200 JOBS; ISSUED 49 NEW PROJECTS; CONDUCTED 47 SALES MISSIONS SPANNING ROUGHLY 30 CITIES, INCLUDING RESTARTING FDI EFFORTS; CONDUCTED 130 INDIVIDUAL SALES MEETINGS AND PROACTIVELY PROSPECTED OVER 2,800 COMPANIES; HOSTED 2 FAMILIARIZATION (FAM) TOURS; ESTABLISHED A NEW RESEARCH AND ANALYTICS UNIT FITTED WITH NEW DATA TOOLS SERVICING A WIDE RANGE OF RESEARCH REQUESTS; CONTINUED TO SUPPORT THE REGIONAL DEVELOPMENT AUTHORITY WITH THE ADMINISTRATION OF THE 50 MILLION READI FUNDING ALLOCATION FROM THE STATE; COMPLETED A MEDICAL DEVICE AND TECHNOLOGY REPORT; COMPLETED THE PREFEASIBILITY FOR THE INDIANA OFF-HIGHWA VEHICLE ELECTRIFICATION CENTER (INOVEC); COMPLETED THE PREFEASIBILITY FOR THE NEI AUTOMATION INTEGRATION CENTER.
Expenses $325,293 · Grants $325,293
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stephane FrijiaSTEPHANE FRIJIA
PRESIDENT &
- Total calculated
- $269,361
- From this org
- $0
- From related orgs
- $253,891
- Other
- $15,470
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $245,000 related
- Bonus
- not reported + $8,891 related
- Other
- not reported
- Deferred
- not reported + $5,638 related
- Nontaxable benefits
- not reported + $9,832 related
- Filer's total
- not reported + $269,361 related
-
Mark MillettMARK MILLETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David FindlayDAVID FINDLAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sherilyn EmbertonSHERILYN EMBERTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tom NiezerTOM NIEZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 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
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
-
NORTHEAST IN REGIONAL PARTNERSHIP
$325,293
SUPPORT
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.
-
NORTHEAST IN REGIONAL PARTNERSHIP
501C6 · SUPPORT · IN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302519349301655
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