Nonprofit · EIN 35-1886746
WEST INDIANAPOLIS DEVELOPMENT CORP
Tax-exempt · INDIANAPOLIS, IN 46221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $929,518 | $769,634 | $159,884 | $3,680,997 | $311,926 | $3,369,071 |
| December 31, 2023 | 990 | $410,024 | $1,083,172 | -$673,148 | $3,254,184 | $44,997 | $3,209,187 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $392,803
- of which government grants
- $307,452
- Program service revenue
- $392,154
- Investment income
- $137,434
- Net gain from sales of assets
- $85,154
- Other revenue
- $7,127
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $97,469
- Other salaries and wages
- $167,714
- Salaries, compensation and benefits (total)
- $327,040
- Professional fundraising fees
- $0
- Accounting fees
- $27,226
- Occupancy
- $25,711
- Travel
- $28,491
- Depreciation
- $73,935
- Program services (functional)
- $690,445
- Management and general (functional)
- $79,189
Balance sheet and other
- Total assets, start of year
- $3,254,184
- Total assets, end of year
- $3,680,997
- Total liabilities, end of year
- $311,926
- Net assets, end of year
- $3,369,071
- Land, buildings and equipment
- $1,474,400
- Net assets without donor restrictions
- $3,364,071
- Net assets with donor restrictions
- $5,000
- Gross receipts
- $1,009,364
- Employees
- 6
- Volunteers
- 13
- Year formed
- 1992
- 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 | Other / benefits |
|---|---|---|---|---|
| Lisa Laflin | Executive Director Officer | 40 | $95,484 | $1,985 |
| Toby Salyers | President Trustee or director, Officer | 2 | $0 | $0 |
| Mike Clemens | Director Trustee or director | 1 | $0 | $0 |
| Kristen Marble | Director Trustee or director | 1 | $0 | $0 |
| Michele Annee | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Heather Pease | Director - Start 09/24 Trustee or director | 1 | $0 | $0 |
| Kevin Watson | Director Trustee or director | 1 | $0 | $0 |
| Phil Huldeen | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Tammy Goodyear | Director Trustee or director | 1 | $0 | $0 |
| Amanda Reynolds | Director - Start 05/24 Trustee or director | 1 | $0 | $0 |
| Sharla Osuna Rios | Director - Start 11/24 Trustee or director | 1 | $0 | $0 |
| Jalen Roseberry | Director - Start 11/24 Trustee or director | 1 | $0 | $0 |
| Ted Weaver | Director Trustee or director | 1 | $0 | $0 |
| Lena Webb | Director - Start 11/24 Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lisa Laflin | Executive Director Officer | 40 | $106,000 | $8,000 |
| Toby Salyers | President Trustee or director, Officer | 2 | $0 | $0 |
| Eddie Beagles Exit 0323 | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Cindy Miers Exit-0623 | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Mike Clemens | Director Trustee or director | 1 | $0 | $0 |
| Kristen Marble | Director Trustee or director | 1 | $0 | $0 |
| Michele Annee | Director Trustee or director, Officer | 1 | $0 | $0 |
| Karla Washington | Director Trustee or director | 1 | $0 | $0 |
| Kevin Watson | Director Trustee or director | 1 | $0 | $0 |
| Phil Huldeen | Director Trustee or director | 1 | $0 | $0 |
| Cara Zogorski Exit 1223 | Director Trustee or director | 1 | $0 | $0 |
| David Carrender Exit-1223 | Director Trustee or director | 1 | $0 | $0 |
| Tammy Goodyear Start-0123 | Director Trustee or director | 1 | $0 | $0 |
| Nicole Kizzee Start -0723 | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1211 HIATT ST, INDIANAPOLIS, IN 46221-1533
- Principal officer (990 for 2024)
- Lisa Laflin, 1211 S Hiatt St, Indianapolis, IN 462211533
- Signed the 990
- Lisa Laflin, Executive Director
- Phone
- (317) 638-9432
- Website
- www.westindydev.org
- Return prepared by
- Barnes Dennig & Co LTD
Mission
To identify community resources, promote community assets and implement programs and activities that increase housing opportunities and improve the quality of life in West Indianapolis.
Program accomplishments
- Property Management. WIDC owns and maintains 34 units of affordable rental housing, renting to individuals/families at or below 80% of the area median income as determined by HUD. WIDC manages and maintains 39 units of affordable senior (55+) housing, renting to individuals at or below 60% of the area median income, as determined by HUD. In 2024 WIDC began rehab on 1 additional unit of affordable rental housing that will be placed in service in 2025.Expenses $250,108 · revenue $392,154
- Retail. In 2024 WIDC began construction on 2 new units of for-sale affordable housing that sold or will sell to individuals or families at or below 80% of the area median income as determined by HUD.Expenses $17,305
- Economic Development. To meet the needs of the community and provide economic and service retail opportunities to the neighborhood, WIDC owns and maintains 5 units of commercial real estate. One of those units is the organization's offices. For 2024 1 unit housed the field office for the construction company that rebuilt Morris Street. One is the neighborhood laundry, and the other two were vacant.Expenses $52,483
- Neighborhood Development - WIDC's effort to create healthy neighborhoods that address not only housing issues, but also education, safety, health and many other issues. This program helps neighborhood residents, businesses, and community organizations get organized and involved in the neighborhood, decide on neighborhood priorities, and act on plans to drive meaningful change. Home Development - WIDC works with the Indianapolis Neighborhood Partnership and Habitat for Humanity to assist qualifying persons to obtain a mortgage loan to buy a home.Expenses $370,549
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
- 35-1886746
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $3,680,997
- Income (IRS master file)
- $1,009,364
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $929,518 | $769,634 | $3,680,997 | IRS |
| 990 | December 2023 | $410,024 | $1,083,172 | $3,254,184 | XML |
| 990 | December 2022 | $1,211,993 | $939,472 | $4,513,120 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 35-1886746).
Questions about WEST INDIANAPOLIS DEVELOPMENT CORP
- What is the EIN of WEST INDIANAPOLIS DEVELOPMENT CORP?
- The employer identification number (EIN) of WEST INDIANAPOLIS DEVELOPMENT CORP is 35-1886746.
- Is WEST INDIANAPOLIS DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to WEST INDIANAPOLIS DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEST INDIANAPOLIS DEVELOPMENT CORP 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 WEST INDIANAPOLIS DEVELOPMENT CORP 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 WEST INDIANAPOLIS DEVELOPMENT CORP 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 WEST INDIANAPOLIS DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 names Lisa Laflin.
- Who are the officers and directors of WEST INDIANAPOLIS DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $95,484 (Lisa Laflin, Executive Director).
- How much revenue does WEST INDIANAPOLIS DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $929,518, expenses of $769,634 and total assets of $3,680,997 at year end.
Other nonprofits in INDIANAPOLIS
- STRADA EDUCATION FOUNDATION INC EIN 47-3044430 · last filed 990 for 2024
- INDIANAPOLIS FOUNDATION INC EIN 45-4618430 · last filed 990 for 2024
- FISCAL SPONSORSHIP ALLIES INC EIN 85-0839183 · last filed 990 for 2025
- CICP FOUNDATION INC EIN 35-2065457 · last filed 990 for 2025
- BOARD OF CERTIFIED SAFETY PROFESSIONALS OF THE AMERICAS INC EIN 37-0982724 · last filed 990 for 2025
- COMMUNITY ACTION OF GREATER INDIANAPOLIS INC EIN 35-6048441 · last filed 990 for 2024
- 16 TECH COMMUNITY CORPORATION EIN 81-0853467 · last filed 990 for 2024
- 2021 ALL-STAR INC EIN 83-1210277 · last filed 990 for 2025
All nonprofits in INDIANAPOLIS · Indiana · Community improvement and capacity building