2024-11-15T09:56:43-00:00 2023-12-31 753092877 Cender & Company LLC 2803 Boilermaker Court Suite 1A Valparaiso IN 46383 990 2023-01-01 351923681 City of Gary Economic Development Corporation CITY 401 Broadway Suite 301 Gary IN 46402 William Outlar Controller 2024-11-15 true Karl J Cender P00032489 2197361800 2024-11-15 2023 2024-10-15 13:58:12Z William Outlar 401 Broadway Suite 301 Gary IN 46402 145330 false X www.cityofgaryedc.com X 1992 IN Gary EDC was formed to provide jobs within the City of Gary, IN, by pursuing business attraction, business expansion, and business retention. 5 5 0 0 47500 47500 20362 38906 25600 0 2376 8619 95838 95025 0 0 0 0 0 1765381 384607 1765381 384607 -1669543 -289582 5249561 4937479 9992 9992 5239569 4927487 areduce unemployment by assisting and enabling the retention, attraction and expansion of business,bcombat community deterioration by promoting stability, economic growth, and partnerships between government and the business community,crecruit new business into the Gary area,dconduct charitable and educational activities to alleviate blight false false 84089 56119 The Gary Economic Development Corporation GEDC leads the City of Garys efforts to develop real estate, attract new businesses, expand and retain existing businesses, job creation, and increase the quality of life for City residents. In 2015, GEDC established a relationship with United Parcel Service, which holds job fairs to employ Gary residents as package handlers at its Hodgkins, IL facility. GEDC also partnered with the City of Gary for Life, an anti-violence initiative to reduce crime and improve residents quality of life. GEDC continued its efforts towards the development of the University Park Neighborhood and Campus Plan to redevelop a 7.5 quare mile footprint surrounding Indiana University and Ivy Tech Community College. GEDC continued its relationship with Carmeuse Lime and Stone to invest 10M into a green facility, and with Garmong Constrcution to build industrial space in the Buffington Harbor area of Gary. 267202 38906 ArtHouse A Social Kitchen is a culinary incubator program created to provide a mechanism for economic and artistic activity in downtown Gary. Through a series of culinary classes and events, ArtHouse has drawn hundreds of people from outside of Gary as a mechanism for tourism, a direct connection to economic development 351291 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 true 0 false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true true false IN X Bill Outlar 2198811367 401 Broadway Suite 301 Gary IN 46402 X Ronald Brewer President 001.00 X X 0 0 0 Oliver Gilliam Commissioner 001.00 X 0 0 0 Jackie Rosario-Pirtle Commissioner 001.00 X 0 0 0 William Godwin Commissioner 001.00 X 0 0 0 Carmelita Perry Commissioner 001.00 X 0 0 0 false false false 47500 22500 47500 ArtHouse 38906 38906 42016 50305 -8289 -8289 Reimbursements 16908 16908 95025 0 0 0 0 0 0 0 0 0 0 49932 49932 3523 3523 29900 29900 0 0 0 0 0 0 0 0 0 0 0 0 0 147879 147879 22113 22113 Bank Fees 318 318 Utilities 44720 44720 Repairs and Maintenance 69589 69589 Events Setup and Cleaning 7288 7288 9345 6247 3098 384607 351291 33316 0 467490 303287 4211 4211 5767518 1137537 4777860 4629981 5249561 4937479 9992 9992 9992 9992 X 5239569 4927487 5239569 4927487 5249561 4937479 -289582 -22500 X false false false X 261529 25000 25000 25000 25000 361529 22500 22500 22500 22500 22500 112500 284029 47500 47500 47500 47500 474029 474029 127570 110964 100519 42016 381069 855098 0.55440 0.61130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 5767518 1137537 4629981 4629981 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X Office Space IT Services 1 22500 Fair Market Value false false false Form 990, Part IV, Section B, Line 11a 11b The Board Members receive a draft copy of the Form 990 prior to filing. Form 990, Part IV, Section B, Line 12a 12c At least annually, the Board of Directors reviews and requests its officers, directors, and key employees to disclose any interests that could give rise to conflicts. Form 990, Part VI, Section B, Line 15a 15b The Board of directors approve all compensation arrangements. Form 990, Part VI, Section C, Line 19 The Gary EDC will provide a copy of its Form 990, annual financial statements, governing documents and conflict of interest statements upon request.