Nonprofit · EIN 27-0982122
CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · INDIANAPOLIS, IN 46240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $527,658 | $436,542 | $91,116 | $15,471,003 | $13,900,037 | $1,570,966 |
| December 31, 2023 | 990 | $165,973 | $619,723 | -$453,750 | $15,757,196 | $14,277,346 | $1,479,850 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $78,720
- Program service revenue
- $0
- Investment income
- $163
- Net rental income
- $448,775
- Other revenue
- $448,775
Expenses
- Grants and similar amounts paid
- $60,090
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $20,886
- Accounting fees
- $27,154
- Depreciation
- $80,000
- Program services (functional)
- $60,090
- Management and general (functional)
- $376,452
Balance sheet and other
- Total assets, start of year
- $15,757,196
- Total assets, end of year
- $15,471,003
- Total liabilities, end of year
- $13,900,037
- Net assets, end of year
- $1,570,966
- Land, buildings and equipment
- $7,308,800
- Net assets without donor restrictions
- $1,570,966
- Gross receipts
- $1,245,698
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2009
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronald E Carter | President Officer | 1 | $0 |
| Cheryl Wessel | Vice President Officer | 1 | $0 |
| Darin Bibeau | Board Member Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ron Carter | President Officer | 3 | $0 |
| Deborah Schmitz | Board Member Officer | 1 | $0 |
| Darin Bibeau | Board Member Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3850 PRIORITY WAY SOUTH DR STE 225, INDIANAPOLIS, IN 46240-3812
- In care of
- % KARL P HAAS
- Principal officer (990 for 2024)
- Darin Bibeau, 3850 Priority Way S Dr, 225, Indianapolis, IN 46240
- Signed the 990
- Darin Bibeau, President
- Phone
- (317) 844-4605
- Return prepared by
- Craig S Ruby CPA
Mission
Carmel City Center Community Development Corporation is operated exclusively to benefit, perform, and carry out the charitable, educational and recreational purposes of the City of Carmel, Indiana, as requested by the City.
Program accomplishments
- Provide grants to area arts organizations to further the arts in local community.Expenses $60,090 · grants $60,090
- None0
- None0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0982122
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $15,471,003
- Income (IRS master file)
- $1,245,698
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $527,658 | $436,542 | $15,471,003 | IRS |
| 990 | December 2023 | $165,973 | $619,723 | $15,757,196 | XML |
| 990 | December 2022 | -$1,466,034 | $332,638 | $16,327,739 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0982122).
Questions about CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION is 27-0982122.
- Is CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2011.
- Are donations to CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Darin Bibeau.
- Who are the officers and directors of CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does CARMEL CITY CENTER COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $527,658, expenses of $436,542 and total assets of $15,471,003 at year end.
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