Nonprofit · EIN 51-0415780
VISION COMMUNITIES INC
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,067,417 | $1,788,102 | $2,279,315 | $13,506,519 | $8,500,381 | $5,006,138 |
| December 31, 2023 | 990 | $1,916,736 | $2,535,953 | -$619,217 | $11,655,877 | $8,929,054 | $2,726,823 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $306,011
- of which government grants
- $306,011
- Program service revenue
- $1,399,038
- Investment income
- $192,274
- Other revenue
- $2,170,094
Expenses
- Grants and similar amounts paid
- $83,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $681,498
- Depreciation
- $198,291
- Program services (functional)
- $1,712,809
- Management and general (functional)
- $75,293
Balance sheet and other
- Total assets, start of year
- $11,655,877
- Total assets, end of year
- $13,506,519
- Total liabilities, end of year
- $8,500,381
- Net assets, end of year
- $5,006,138
- Land, buildings and equipment
- $4,956,612
- Net assets without donor restrictions
- $5,006,138
- Gross receipts
- $4,067,417
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- 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 |
|---|---|---|---|
| DAVE KELLER | TREASURER Trustee or director, Officer | 0.3 | $0 |
| JERRY COLLINS | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| DAVID FLAHERTY | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| DAVID BARTUS | DIRECTOR Trustee or director | 0.3 | $0 |
| DOUG HANNOY | DIRECTOR Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVE KELLER | TREASURER Trustee or director, Officer | 0.3 | $0 |
| JERRY COLLINS | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| DAVID FLAHERTY | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| DAVID BARTUS | DIRECTOR Trustee or director | 0.3 | $0 |
| DOUG HANNOY | DIRECTOR Trustee or director | 0.3 | $0 |
Address and contacts
- Address (IRS master file)
- 1 INDIANA SQ STE 3000, INDIANAPOLIS, IN 46204-2063
- Principal officer (990 for 2024)
- DAVID M FLAHERTY, ONE INDIANA SQUARE SUITE 3000, INDIANAPOLIS, IN 46204
- Signed the 990
- DAVID M FLAHERTY, PRESIDENT
- Phone
- (317) 816-9300
- Website
- HTTP://VISIONCOMINC.ORG/
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
TO ENGAGE IN COMMUNITY DEVELOPMENT ACTIVITIES AND PROVIDE SAFE AND DECENT ACTIVITIES TO LOW- TO-MODERATE-INCOME PERSONS.
Program accomplishments
- VISION COMMUNITIES, INC. IS AN INDIANA NONPROFIT CORPORATION FORMED ON JULY 26, 2002, TO ENGAGE IN COMMUNITY DEVELOPMENT ACTIVITIES THAT FOSTER AND SUPPORT THE RELIEF FOR THE POOR AND DISTRESSED, OR OF THE UNDERPRIVILEGED, THE PROMOTION OF SOCIAL WELFARE, THE LESSENING OF NEIGHBORHOOD TENSIONS, THE ELIMINATION OF PREJUDICE AND DISCRIMINATION OR THE COMBATING OF COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY, AND TO PROVIDE SAFE AND DECENT HOUSING TO LOW-TO-MODERATE-INCOME PERSONS.Expenses $1,712,809 · grants $83,000 · revenue $3,539,141
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
- 51-0415780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $13,506,519
- Income (IRS master file)
- $4,067,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,067,417 | $1,788,102 | $13,506,519 | XML |
| 990 | December 2023 | $1,916,736 | $2,535,953 | $11,655,877 | XML |
| 990 | December 2022 | $8,713,076 | $7,912,386 | $20,078,745 | 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 51-0415780).
Questions about VISION COMMUNITIES INC
- What is the EIN of VISION COMMUNITIES INC?
- The employer identification number (EIN) of VISION COMMUNITIES INC is 51-0415780.
- Is VISION COMMUNITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to VISION COMMUNITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VISION COMMUNITIES 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 VISION COMMUNITIES 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 VISION COMMUNITIES 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 VISION COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 names DAVID M FLAHERTY.
- Who are the officers and directors of VISION COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does VISION COMMUNITIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,067,417, expenses of $1,788,102 and total assets of $13,506,519 at year end.
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