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West Indianapolis Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351886746 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is West Indianapolis Development Corp?

West Indianapolis Development Corp (WIDC) is a nonprofit organization situated in Indianapolis, Indiana. With a focus on property management, WIDC rents out rehabilitated housing units and transitional homes to eligible low-income individuals. Their primary mission is to enhance the overall quality of housing within a designated area of the city. To achieve this, WIDC employs a team of three dedicated individuals, working tirelessly to make a positive impact in the community.


Official website here: www.westindydev.org

Is West Indianapolis Development Corp legitimate?

West Indianapolis Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Indianapolis Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $85,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,392

For more financial information, click here


Official website here: www.westindydev.org

What is the mission statement of West Indianapolis Development Corp?

The West Indianapolis Development Corp's mission is centered around enhancing the standard of housing within a designated part of a city. Specifically, they aim to improve the quality of housing for eligible low-income individuals, achieving this through property management and operational transitional housing rentals. Their activities are geared towards contributing positively to the housing sector within the specified area.


Official website here: www.westindydev.org

Who is the CEO of West Indianapolis Development Corp?

Lisa Laflin is the President of West Indianapolis Development Corp.


Official website here: www.westindydev.org

What is the revenue of West Indianapolis Development Corp?

West Indianapolis Development Corp's revenue in 2022 was $1,211,993.


Official website here: www.westindydev.org

Who are the executives of West Indianapolis Development Corp and what are their salaries?

The average compensation at West Indianapolis Development Corp during 2022 was $50,140. There are 3 employees and 13 volunteers at West Indianapolis Development Corp.

Here are 14 key members and their salaries:

    Lisa Laflin (Executive Director)
  • Compensation: $81,028
  • Related: $0
  • Other: $4,000

    • Toby Salyers (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Beagles (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Miers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Clemens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Marble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Woodson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Annee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charity Stowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Huldeen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cara Zogorski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Wisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.westindydev.org

    Where can I find the form 990 for West Indianapolis Development Corp?

    The West Indianapolis Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.westindydev.org

    Learn more at the official website: www.westindydev.org

    Mission Statement of West Indianapolis Development Corp

    West Indianapolis Development Corp, as a nonprofit organization, is dedicated to enhancing the quality of housing within a designated area of the city. Its mission is centered around this goal, striving to improve the living conditions of individuals residing within this specified locale. To achieve this, the corporation engages in property management activities. It rents out rehabilitated properties and provides operational transitional housing to eligible low-income individuals. By doing so, West Indianapolis Development Corp contributes to the betterment of housing standards within its designated area, thereby improving the living circumstances of its residents.

    Impact

    This information is meant to be a general summary of West Indianapolis Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    West Indianapolis Development Corp's impact can be seen through its efforts to improve the quality of housing within a specified area of the city of Indianapolis. By providing property management services and renting rehabilitated properties to eligible low-income individuals, WIDC is helping to address housing challenges in the community. The organization's focus on community improvement through housing projects demonstrates its commitment to creating a positive impact on the lives of residents in Indianapolis.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40,829
  • Program Service Revenue: $619,742
  • Gross Receipts: $1,255,414

    • Assets and Liabilities:
  • Total Assets: $4,513,120
  • Total Liabilities: $626,255
  • Net Assets: $3,886,865
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Low Income Rental

    Revenue

    $540,251

    Admin Fee Income

    Revenue

    $63,304

    Other program income

    Revenue

    $16,187

    Organization Details

    Founding Year

    1992

    Principal Officer

    Lisa Laflin

    Main Address

    1211 S Hiatt St, Indianapolis, IN, 462211533

    NTEE Category

    Code: S20Z - Community improvement

    If you are a representative of West Indianapolis Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.