Nonprofit · EIN 84-3721914
INNOVATION HUB BUILDING HOLDING CORPORATION
Tax-exempt · INDIANAPOLIS, IN 46202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,595,232 | $1,410,676 | $184,556 | $26,156,819 | $25,427,215 | $729,604 |
| December 31, 2023 | 990 | $1,595,232 | $1,400,980 | $194,252 | $25,277,829 | $24,732,781 | $545,048 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,595,232
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $781,780
Balance sheet and other
- Total assets, start of year
- $25,277,829
- Total assets, end of year
- $26,156,819
- Total liabilities, end of year
- $25,427,215
- Net assets, end of year
- $729,604
- Land, buildings and equipment
- $19,353,135
- Net assets without donor restrictions
- $729,604
- Gross receipts
- $1,595,232
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| EMILY C KREUGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $432,115 | $34,350 |
| ALEX KURRELMEIER | TREASURER Trustee or director, Officer | 1 | $0 | $224,050 | $48,204 |
| ROBERT WHITT | SECRETARY (THROUGH MARCH) Trustee or director, Officer | 1 | $0 | $77,555 | $29,637 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| EMILY C KREUGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $406,855 | $34,417 |
| ALEX KURRELMEIER | TREASURER Trustee or director, Officer | 1 | $0 | $187,000 | $56,850 |
| ROBERT WHITT | SECRETARY Trustee or director, Officer | 1 | $0 | $194,245 | $46,821 |
Address and contacts
- Address (IRS master file)
- 1220 WATERWAY BLVD, INDIANAPOLIS, IN 46202-2157
- Principal officer (990 for 2024)
- ALEX KURRELMEIER, 1220 WATERWAY BLVD, INDIANAPOLIS, IN 46202
- Signed the 990
- ALEX KURRELMEIER, TREASURER
- Phone
- (847) 721-9943
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
IHBHC IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED.
Program accomplishments
- INNOVATION HUB BUILDING HOLDING CORPORATION ("IHBHC") IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED. IHBHC IS THE OWNER OF THE "HQO INNOVATION HUB", A BUILDING LOCATED IN THE 16 TECH INNOVATION DISTRICT ("16 TECH") AND CENTRAL TO THE INDIANAPOLIS ENTREPRENEURIAL AND INNOVATION ECOSYSTEM. HQO PROVIDES FLEXIBLE OFFICE SPACE, A MAKERSPACE AND FOOD HALL TO THE VIBRANT, GROWING COMMUNITY OF ENTREPRENEURS, CAPITAL PROVIDERS, MAKERS AND COMPANIES IN THE LIFE SCIENCES, ADVANCED MANUFACTURING AND TECHNOLOGY INDUSTRIES LOCATED IN 16 TECH. THIS BUILDING PREVIOUSLY HOUSED THE MAINTENANCE VEHICLES AND SERVICE EQUIPMENT FOR THE WATER UTILITIES OF CITIZEN'S ENERGY GROUP. TODAY, HQO SERVES AS A FRONT DOOR TO THE 16 TECH INNOVATION DISTRICT AND A LAUNCH PAD FOR TALENT, ENTREPRENEURSHIP, AND INNOVATION IN INDIANAPOLIS. THE MACHYNE MAKERSPACE AND ADJOINING COWORKING/OFFICE SPACE FUNCTION AS A COMMUNITY ENTREPRENEURSHIP CENTER, PROVIDING DISCOUNTED MEMBERSHIPS AND FREE TRAINING PROGRAMS AND CLASSES FOR COMMUNITY MEMBERS TO UTILIZE EQUIPMENT, WORK, MEETING AND EVENT SPACES, AS WELL AS ACCESS TO ENTREPRENEURIAL AND BUSINESS SUPPORT RESOURCES. THE AMP FOOD HALL & MARKETPLACE PROVIDES OPERATING SPACE FOR MORE THAN 20 RESTAURANTS/RETAILERS, 100% OF WHICH ARE INDEPENDENT AND LOCALLY OWNED BUSINESSES AND 50% NEW BUSINESS CONCEPTS. THE AMP ALSO HOSTS THE INDY WINTER'S FARMERS MARKET WELCOMING MORE THAN 20,000 MARKET GOERS OVER THE 20 WEEK SEASON FROM NOVEMBER AND APRIL AND PROVIDING ACCESS TO AFFORDABLE, FRESH LOCAL PRODUCE ON THE WESTSIDE OF INDIANAPOLIS, WHICH HAS BEEN IDENTIFIED AS A FOOD DESERT. IHBHC CONTINUES TO SUPPORT THE MISSION OF 16 TECH BY PROVIDING SPACES, RESOURCES AND PROGRAMMING THAT SUPPORT COMMUNITY ACCESS TO THE INNOVATION ECOSYSTEM.
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
- 84-3721914
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $26,156,819
- Income (IRS master file)
- $1,595,232
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,595,232 | $1,410,676 | $26,156,819 | IRS |
| 990 | December 2023 | $1,595,232 | $1,400,980 | $25,277,829 | XML |
| 990 | December 2022 | $1,635,765 | $1,398,585 | $24,194,568 | 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 84-3721914).
Questions about INNOVATION HUB BUILDING HOLDING CORPORATION
- What is the EIN of INNOVATION HUB BUILDING HOLDING CORPORATION?
- The employer identification number (EIN) of INNOVATION HUB BUILDING HOLDING CORPORATION is 84-3721914.
- Is INNOVATION HUB BUILDING HOLDING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2020.
- Are donations to INNOVATION HUB BUILDING HOLDING CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INNOVATION HUB BUILDING HOLDING 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 INNOVATION HUB BUILDING HOLDING 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 INNOVATION HUB BUILDING HOLDING 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 INNOVATION HUB BUILDING HOLDING CORPORATION?
- The 990 for the year ended December 31, 2024 names ALEX KURRELMEIER.
- Who are the officers and directors of INNOVATION HUB BUILDING HOLDING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does INNOVATION HUB BUILDING HOLDING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,595,232, expenses of $1,410,676 and total assets of $26,156,819 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