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Indianapolis Ministries 1 Inc

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

EIN: 475178092 ✦ Denver, CO ✦ Designated as a 501(c)(3)

Overview

What is Indianapolis Ministries 1 Inc?

Indianapolis Ministries 1 Inc., established on September 25, 2015, is a nonprofit organization based in Indiana. The primary purpose of this corporation, in accordance with the state's not-for-profit statutes, is to operate a 74-unit community in Indianapolis, catering to the housing needs of elderly or disabled individuals with very low incomes. The organization receives funding and support from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act, to accomplish its mission. This community provides essential housing and related services, aiming to enhance the quality of life for its inhabitants.


Is Indianapolis Ministries 1 Inc legitimate?

Indianapolis Ministries 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Ministries 1 Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,231

For more financial information, click here


What is the mission statement of Indianapolis Ministries 1 Inc?
Who is the CEO of Indianapolis Ministries 1 Inc?
What is the revenue of Indianapolis Ministries 1 Inc?
Who are the executives of Indianapolis Ministries 1 Inc and what are their salaries?
Where can I find the form 990 for Indianapolis Ministries 1 Inc?

Mission Statement of Indianapolis Ministries 1 Inc

Indianapolis Ministries 1 Inc, established in 2015, is a not-for-profit organization with a mission to provide housing and related services to the elderly or disabled individuals with very low income. This corporation operates a 74-unit community, funded through housing assistance and capital advances from the U.S. Department of Housing and Urban Development, under Section 202 of the National Housing Act. The primary goal of Indianapolis Ministries 1 Inc is to offer a supportive living environment for these vulnerable individuals, ensuring they have access to essential services and resources to enhance their quality of life.

Impact

This information is meant to be a general summary of Indianapolis Ministries 1 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Indianapolis Ministries 1 Inc's impact is significant in providing housing and related services for very low-income elderly or disabled persons in Indianapolis, Indiana. The organization operates a 74-unit community that receives housing assistance and capital advances from the U.S. Department of Housing and Urban Development. Through their work, they are able to provide much-needed support and accommodations for individuals who may otherwise struggle to find affordable housing options.





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: $145
  • Program Service Revenue: $240,339
  • Gross Receipts: $737,469

    • Assets and Liabilities:
  • Total Assets: $2,588,532
  • Total Liabilities: $1,868,960
  • Net Assets: $719,572
  • Programs

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

    RENTAL INCOME

    Revenue

    $233,002

    ANCILLARY SERVICES

    Revenue

    $6,761

    OTHER REVENUE

    Revenue

    $576

    Organization Details

    Founding Year

    2015

    Principal Officer

    Melissa Clayton

    Main Address

    1600 BROADWAY SUITE 2000, DENVER, CO, 802025704

    NTEE Category

    Code: L80 - Housing

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