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INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC

EIN 20-2664607 INDIANAPOLIS, IN

Revenue 2024
$322,700
Expenses 2024
$1,742,875

Program services were 46.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S30
Classification
1000
Street
1 NORTH CAPITAL AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • ERIC J HOLCOMB

    CHAIR (END JAN 2025)

    Total calculated
    $0
    Hours/week
    1
  • MIKE BRAUN

    CHAIR (START JAN 2025)

    Total calculated
    $0
    Hours/week
    1
  • LINDA E WHITE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL KUBACKI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOEL GORELICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DAYTON MOLENDORP

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MARK MILES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • FRED MERRITT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • AMY SCHUMACHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DOMINIC GROTE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOHN LECHLEITER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SUE MCCLOSKEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • RICHARD WATERFIELD

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • GUS OLYMPIDIS

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • BILLIE DRAGOO

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • GEORGE THOMAS

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • DON LAMB

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • DAVID FAGAN

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • GREG GIBSON

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • CHRIS KING

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • JOHN GREGG

    BOARD MEMBER (START JUN 2025)

    Total calculated
    $0
    Hours/week
    1
  • RICK JOHNSON

    BOARD MEMBER (END JAN 2025)

    Total calculated
    $0
    Hours/week
    1
  • KRISTIN MARCUCCILLI

    BOARD MEMBER (END JAN 2025)

    Total calculated
    $0
    Hours/week
    1
  • JOHN THOMPSON

    BOARD MEMBER (END JUNE 2025)

    Total calculated
    $0
    Hours/week
    1
  • DAVID ADAMS

    IEDC SECRETARY (START JAN 2025)

    Total calculated
    $0
    Hours/week
    1 + 40 related

The first 25 listed. 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 — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $322,700
    Expenses
    $1,742,875
    Contributions
    $306,239
    Grants paid
    $10,605
  • 2023
    Revenue
    $3,246,134
    Expenses
    $1,158,043
    Contributions
    $3,237,109
    Grants paid
    $6,938
  • 2022
    Revenue
    $1,570,847
    Expenses
    $2,253,710
    Contributions
    $1,546,863
    Grants paid
    $2,540

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.