Nonprofit · EIN 81-3693405
FLAGSHIP ENTERPRISE CAPITAL
Tax-exempt · ANDERSON, IN 46013
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $752,907 | $379,156 | $373,751 | $2,146,263 | $274,433 | $1,871,830 |
| May 31, 2024 | 990 | $767,074 | $475,903 | $291,171 | $1,931,090 | $496,874 | $1,434,216 |
| May 31, 2023 | 990 | $440,616 | $360,424 | $80,192 | $1,640,945 | $488,972 | $1,151,973 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $611,136
- Program service revenue
- $9,364
- Investment income
- $132,407
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $51,889
- Salaries, compensation and benefits (total)
- $52,792
- Professional fundraising fees
- $0
- Accounting fees
- $9,002
- Occupancy
- $27,514
- Program services (functional)
- $304,472
- Management and general (functional)
- $74,684
Balance sheet and other
- Total assets, start of year
- $1,931,090
- Total assets, end of year
- $2,146,263
- Total liabilities, end of year
- $274,433
- Net assets, end of year
- $1,871,830
- Net assets without donor restrictions
- $1,807,966
- Net assets with donor restrictions
- $63,864
- Gross receipts
- $752,907
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2016
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSIE REYNOLDS | EXECUTIVE DIRECTOR Officer | 40 | $9,382 |
| BARBARA ALDER | CHAIRMAN Trustee or director, Officer | 1.5 | $0 |
| WILLIAM BIRDSONG | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNETTE PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 |
| MATHEW FOLEY | DIRECTOR Trustee or director | 0.5 | $0 |
| JADIRA HOPTRY | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHANIE ROLAND | DIRECTOR Trustee or director | 0.5 | $0 |
| ADAM HOEKSEMA | CEO Officer | 0 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA ALDER | CHAIRMAN Trustee or director, Officer | 1.5 | $0 |
| WILLIAM BIRDSONG | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNETTE PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 |
| MATHEW FOLEY | DIRECTOR Trustee or director | 0.5 | $0 |
| JADIRA HOPTRY | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHANIE ROLAND | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended May 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA ALDER | CHAIRMAN Trustee or director, Officer | 1.5 | $0 |
| JAN MANSFIELD | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM BIRDSONG | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNETTE PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 |
| JASON KING | DIRECTOR Trustee or director | 0.5 | $0 |
| MATHEW FOLEY | DIRECTOR Trustee or director | 0.5 | $0 |
| JADIRA HOPTRY | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHANIE ROLAND | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2705 ENTERPRISE DR, ANDERSON, IN 46013-9670
- In care of
- % CHARLES STALEY
- Mailing address (990-N for 2017)
- 2685 ENTERPRISE DRIVE, ANDERSON IN 46013
- Principal officer (990 for 2024)
- ADAM HOEKSEMA, 2705 ENTERPRISE DRIVE, ANDERSON, IN 46013
- Principal officer (990-N for 2017)
- KYLE MAY, 2685 ENTERPRISE DRVIE, ANDERSON IN 46013
- Signed the 990
- ADAM HOEKSEMA, CEO
- Phone
- (765) 622-0800
- Return prepared by
- WHITINGER & COMPANY LLC
Mission
TO BE A MISSION DRIVEN FINANCIAL INSTITUTION THAT HELPS PROVIDE FINANCIAL SERVICES TO MEET THE NEEDS OF ECONOMICALLY DISADVANTAGED BUSINESSES AND INDIVIDUALS IN UNDERSERVED COMMUNITIES.
Program accomplishments
- IN THE FISCAL YEAR ENDING MAY 31, 2025, FLAGSHIP ENTERPRISE CAPITAL CLOSED 13 LOANS. OF THESE LOANS, 7 WERE DISBURSED TO MINORITIES, 6 TO WOMEN-OWNED BUSINESSES, 1 TO VETERANS, 5 TO START-UP ENTERPRISES, AND 7 TO LOW-INCOME BUSINESSES. ADDITIONALLY, FLAGSHIP ENTERPRISE CAPITAL PROVIDED APPROXIMATELY 941 HOURS OF TECHNICAL ASSISTANCE TO ITS CLIENTSExpenses $304,472 · revenue $141,771
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3693405
- 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
- 2016
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $2,146,263
- Income (IRS master file)
- $752,907
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $752,907 | $379,156 | $2,146,263 | XML |
| 990 | May 2024 | $767,074 | $475,903 | $1,931,090 | XML |
| 990 | May 2023 | $440,616 | $360,424 | $1,640,945 | XML |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: KYLE MAY | May 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-3693405).
Questions about FLAGSHIP ENTERPRISE CAPITAL
- What is the EIN of FLAGSHIP ENTERPRISE CAPITAL?
- The employer identification number (EIN) of FLAGSHIP ENTERPRISE CAPITAL is 81-3693405.
- Is FLAGSHIP ENTERPRISE CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FLAGSHIP ENTERPRISE CAPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLAGSHIP ENTERPRISE CAPITAL 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 FLAGSHIP ENTERPRISE CAPITAL due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLAGSHIP ENTERPRISE CAPITAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of FLAGSHIP ENTERPRISE CAPITAL?
- The 990 for the year ended May 31, 2025 names ADAM HOEKSEMA.
- Who are the officers and directors of FLAGSHIP ENTERPRISE CAPITAL?
- The 990 for the year ended May 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $9,382 (JESSIE REYNOLDS, EXECUTIVE DIRECTOR).
- How much revenue does FLAGSHIP ENTERPRISE CAPITAL have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $752,907, expenses of $379,156 and total assets of $2,146,263 at year end.
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All nonprofits in ANDERSON · Indiana · Community improvement and capacity building