Skip to main content

Nonprofit · EIN 45-5430916

INDY HUB FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46202

Financials

$242K$261K2023$228K$248K2024
Revenue Expenses · by fiscal year end
Financials of INDY HUB FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$228,023$248,172-$20,149$7,076$4,875$2,201
December 31, 2023990$241,946$260,680-$18,734$34,040$11,690$22,350
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$222,482
Program service revenue
$5,540
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,100
Other salaries and wages
$81,122
Salaries, compensation and benefits (total)
$174,987
Professional fundraising fees
$0
Accounting fees
$18,050
Occupancy
$3,705
Program services (functional)
$152,063
Management and general (functional)
$87,964
Fundraising (functional)
$8,145

Balance sheet and other

Total assets, start of year
$34,040
Total assets, end of year
$7,076
Total liabilities, end of year
$4,875
Net assets, end of year
$2,201
Net assets without donor restrictions
$2,201
Gross receipts
$228,023
Employees
0
Volunteers
80
Year formed
2013
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.

NameTitleHours / weekCompensationFrom related orgs
NAPOLEON CARROLLPRESIDENT
Trustee or director, Officer
35$80,100$19,900
TREVOR BELDENFOUNDATION C
Trustee or director, Officer
1$0$0
KATE BROSHEARSDIRECTOR
Trustee or director
1$0$0
JOE PELLMANDIRECTOR
Trustee or director
1$0$0
BECCA SCHMIEGELDIRECTOR
Trustee or director
1$0$0
BRITTANY CRONEDIRECTOR
Trustee or director
1$0$0
NIKKI KIRKDIRECTOR
Trustee or director
1$0$0
CHRIS HICKSDIRECTOR
Trustee or director
1$0$0
LEXIE SEWARDDIRECTOR
Trustee or director
1$0$0
JENNY CASHDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgs
NAPOLEON CARROLLPRESIDENT
Trustee or director, Officer
35$76,095$18,905
TREVOR BELDENFOUNDATION CHAIR
Trustee or director, Officer
1$0$0
KATE BROSHEARSDIRECTOR
Trustee or director
1$0$0
JOE PELLMANDIRECTOR
Trustee or director
1$0$0
BECCA SCHMIEGELDIRECTOR
Trustee or director
1$0$0
BRITTANY CRONEDIRECTOR
Trustee or director
1$0$0
NIKKI KIRKDIRECTOR
Trustee or director
1$0$0
CHRIS HICKSDIRECTOR
Trustee or director
1$0$0
LEXIE SEWARDDIRECTOR
Trustee or director
1$0$0
JENNY CASHDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1220 WATERWAY BLVD, INDIANAPOLIS, IN 46202-2157
In care of
% MOLLY CHAVERS
Principal officer (990 for 2024)
ALIX ZERVAS
Signed the 990
ALIX ZERVAS, TREASURER
Phone
(317) 624-0248
Return prepared by
KEMPER CPA GROUP LLP

Mission

OUR MISSION IS TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.

990 for the year ended December 31, 2024

Program accomplishments

  • INDYVOLVED - INDYHUB'S LARGEST ANNUAL EVENT, PROVIDING A VOLUNTEER FAIR FOR THE COMMUNITY'S YOUNG PROFESSIONALS. MORE THAN 115 NONPROFITS EXHIBIT IN INDY'S CENTRAL LIBRARY, SHOWCASING VOLUNTEER AND BOARD OPPORTUNITIES FOR MORE THAN 2,000 PARTICIPANTS.
    Expenses $10,650 · revenue $5,000
  • MEET INDY - RESEARCH SHOWS THAT EACH YEAR, 1 MILLION YOUNG ADULTS PICK UP AND MOVE. AT INDYHUB WE KNOW THAT BUILDING MEANINGFUL CONNECTIONS TO NEIGHBORHOODS, AMENITIES, CULTURE, AND PEOPLE IS CRUCIAL TO BEING HAPPY AND PROSPEROUS IN THE PLACE YOU CALL HOME. THE MEET INDY PROJECT IS CUSTOMIZED JUST FOR YOU. THE INDYHUB TEAM WILL LEARN MORE ABOUT YOU AND THEN CONNECT YOU TO ONE OF OUR INCREDIBLE CITY AMBASSADORS. THEY'LL SIT DOWN AND LEARN ABOUT YOU - YOUR LIKES, YOUR DISLIKES, WHAT MAKES YOU GET OUT OF BED IN THE MORNING, AND THE THINGS THAT YOU ENJOY WHEN YOU AREN'T AT WORK. ALL OF THAT INFORMATION IS KEY AS IT PLAYS INTO THE NEXT STEP - WHERE WE CONNECT YOU TO OUR FRIENDS AND PEERS FROM OTHER INDY ORGANIZATIONS SO YOU CAN DEEPEN YOUR SOCIAL CAPITAL AND ENGAGEMENT IN INDY.
    Expenses $17,383
  • 1828 LEADERSHIP PROJECT - ANNUAL LEADERSHIP PROGRAM WHICH CONVENES A COHORT OF 18-28 YEAR OLDS TO ENGAGE WITH CORPORATE, CIVIC, AND PHILANTHROPIC LEADERS. PROGRAM FOCUSES ON LEADERSHIP DEVELOPMENT, COMMUNITY BUILDING, AND ACTIONABLE OUTCOMES FOR PARTICIPANTS.
  • COMMUNITY ENGAGEMENT - MEETING WITH COMMITTEES AND MEMBERS OF THE COMMUNITY WHICH ARE LOOKING TO ENGAGE MORE WITH INDYHUB AND THE AUDIENCE. STRAIGHT UP VIDEO SERIES - CONVERSATIONS WITH COMMUNITY LEADERS THAT WERE RISK TAKERS, BARRIER BREAKERS AND CHANGE MAKERS. ALL OTHER SERVICES TO ATTRACT, ENGAGE, EDUCATE, AND MOTIVATE YOUNG PROFESSIONALS OF ALL VARIETIES TO MAKE INDIANAPOLIS AN EVEN GREATER PLACE TO LIVE, WORK, AND PLAY.
    Expenses $124,030 · revenue $540

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5430916
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,076
Income (IRS master file)
$228,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$228,023$248,172$7,076XML
990December 2023$241,946$260,680$34,040XML
990December 2022$214,136$204,270$42,069IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990December 2017–––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 45-5430916).

Questions about INDY HUB FOUNDATION INC

What is the EIN of INDY HUB FOUNDATION INC?
The employer identification number (EIN) of INDY HUB FOUNDATION INC is 45-5430916.
Is INDY HUB FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to INDY HUB FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does INDY HUB FOUNDATION INC 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 INDY HUB FOUNDATION INC 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 INDY HUB FOUNDATION INC 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 INDY HUB FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ALIX ZERVAS.
Who are the officers and directors of INDY HUB FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $80,100 (NAPOLEON CARROLL, PRESIDENT).
How much revenue does INDY HUB FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $228,023, expenses of $248,172 and total assets of $7,076 at year end.

Other nonprofits in INDIANAPOLIS

All nonprofits in INDIANAPOLIS · Indiana · Philanthropy, voluntarism and grantmaking foundations