2023-09-14T08:23:49-05:00 2022-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2022-01-01 351704590 INTEND INDIANA INC INTE 3179248116 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 STEVEN A MEYER CHIEF EXECUTIVE OFFICER 3179248116 2023-07-31 1 STEVEN MEYER 999009999 0 REX E MILLER CPA CGMA P01081969 3177456411 2023-07-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X STEVEN A MEYER 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 10675665 0 X WWW.INTENDINDIANA.ORG X 1987 IN INTEND INDIANA ADVANCES COMPREHENSIVE COMMUNITY DEVELOPMENT THROUGH INNOVATIVE FINANCING AND DEVELOPMENT SOLUTIONS THAT CREATE AND PRESERVE AFFORDABLE HOUSING, SUPPORT NEIGHBORHOOD REVITALIZATION EFFORTS, AND FOSTER SMALL BUSINESS DEVELOPMENT. 13 12 21 12 0 0 5371771 6070762 806860 487412 1178699 1655710 161984 20705 7519314 8234589 37100 39155 0 0 1423035 1586547 0 0 56029 1423290 3689606 2883425 5315308 4635889 2919281 28828732 31055042 7505907 6818242 21322825 24236800 X INTEND INDIANA ADVANCES COMPREHENSIVE COMMUNITY DEVELOPMENT THROUGH INNOVATIVE FINANCING AND DEVELOPMENT SOLUTIONS THAT CREATE AND PRESERVE AFFORDABLE HOUSING, SUPPORT NEIGHBORHOOD REVITALIZATION EFFORTS, AND FOSTER SMALL BUSINESS DEVELOPMENT. 1 0 1531061 382504 THROUGH EDGE FUND, INTEND INDIANA CLOSED 6 HOME LOANS THROUGH THE HOMESMART HOME PURCHASE PROGRAM TOTALING $983,750, CLOSED 6 HOMEPOWER LOANS TOTALING $1,440,000, PROVIDED AFFORDABLE REFINANCING LOANS TOTALING $1,170,325 FOR 9 HOMEOWNERS NEGATIVELY IMPACTED BY COVID-19 THROUGH ITS INDYAMP PROGRAM, AND GAVE HOMEOWNER COACHING TO 175 POTENTIAL LOW-INCOME HOME BUYERS. 491321 379954 THROUGH ITS BUILD FUND, INTEND INDIANA MADE 6 LOANS TOTALING $2,202,698 TO SMALL BUSINESSES CREATING COMMUNITY IMPACTS THROUGHOUT CENTRAL INDIANA DURING 2022. BUILD FUND ALSO PROVIDED SMALL BUSINESS TECHNICAL ASSISTANCE TO 137 POTENTIAL CLIENTS. 1647057 529596 THROUGH ITS AFFORDABLE HOMEMATTERS PROGRAM, INTEND INDIANA DEVELOPED $3,102,000 WORTH OF AFFORDABLE HOUSING STOCK, OF WHICH NINE WERE NEW CONSTRUCTIONS AND FIVE REHABBED SINGLE-FAMILY HOMES. A TOTAL OF 15 UNITS WERE SOLD, OF WHICH 14 WERE SOLD TO BUYERS MAKING 80% OR LESS OF THE AREA MEDIAN INCOME AND ONE BUYER MAKING 120+% OF THE AREA MEDIAN INCOME. ALL THE BUYERS SERVED BY THE PROGRAM WERE LOCATED WITHIN AN OPPORTUNITY/FOCUS AREA. OF THE BUYERS SERVED, 80% WERE FEMALE HEADS OF HOUSEHOLDS, AND 73% IDENTIFIED AS AFRICAN AMERICAN, 20% AS CAUCASIAN, AND 7% AS HISPANIC. AFFORDABLE HOMEMATTERS AWARDED 22 CONSTRUCTION CONTRACTS AND COMMITTED 16 OF ITS CONTRACTS TO XBE CONTRACTORS TOTALING $3,240,023 WORTH OF XBE CONTRACTS. 1016505 39155 677697 RENEW LANDBANK - COLLABORATIVELY STABILIZES COMMUNITIES THROUGHOUT CENTRAL INDIANA BY MANAGING, MARKETING, AND FACILITATING THE REUSE OR REDEVELOPMENT OF VACANT, ABANDONED, AND DISTRESSED PROPERTIES. 1016505 39155 677697 4685944 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 34 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X ALEX ERVIN 3179323771 1704 BELLEFONTAINE ST INDIANAPOLIS IN 46202 STEVEN MEYER CHIEF EXECUTIVE OFFICER 40.00 X 180126 0 19426 STEPHANIE QUICK PRESIDENT 40.00 X 125991 0 18804 EVAN TESTER DIRECTOR OF LENDING 40.00 X 109683 0 6179 DAWN LINDSEY DIRECTOR OF REAL ESTATE DEVELOPMENT 40.00 X 103508 0 13918 JENN LISAK GOLDING VICE CHAIR 1.00 X X 0 0 0 ESTHER CARTER-DAY SECRETARY 1.00 X X 0 0 0 NATHAN RINGHAM TREASURER 1.00 X X 0 0 0 VINCENT ASH MEMBER 1.00 X 0 0 0 CECEILY BRICKLEY MEMBER 1.00 X 0 0 0 KEITH BROADNAX MEMBER 1.00 X 0 0 0 MARY CLARK MEMBER 1.00 X 0 0 0 TODD COOK MEMBER 1.00 X 0 0 0 COREY MCLENDON MEMBER 1.00 X 0 0 0 JIM RAWLINSON MEMBER 1.00 X 0 0 0 SHAQ THOMAS MEMBER 1.00 X 0 0 0 MARLON WEBB SR MEMBER 1.00 X 0 0 0 519308 0 58327 4 0 1 0 0 3834197 2236565 6070762 DEVELOPER FEES 531390 403095 403095 ORIGINATION FEES 531390 79217 79217 PROPERTY MANAGEMENT FEE 531310 5100 5100 487412 806242 613388 192854 124526 103821 20705 20705 20705 1222 3185501 0 2337255 1222 848246 849468 848246 1222 8234589 1969751 0 194076 39155 39155 344347 277505 57145 9697 1040531 838552 172677 29302 101611 79745 19009 2857 100058 80560 16697 2801 35281 32964 2317 92400 92400 2885 2885 337221 242234 91823 3164 36253 26717 6097 3439 127949 105844 19342 2763 83477 72479 10097 901 11839 9549 1983 307 15180 11092 4088 5507 2035 3457 15 124193 124189 4 31342 26614 4728 71343 12416 58578 349 PROPERTY DEVELOPMENT AN 1611166 1611166 PROGRAMMATIC LOAN EXPEN 540000 540000 BAD DEBT EXPENSE 473878 473878 EQUIPMENT RENTAL 37287 32911 4035 341 52405 46339 5973 93 5315308 4685944 573335 56029 13250903 10831366 925160 962442 445 129134 12080810 15989082 55943 79307 995632 472681 554293 522951 1245969 1930385 1063290 30793 231501 28828732 31055042 908727 611690 3156474 4939436 3440706 1267116 7505907 6818242 X 20710747 23805860 612078 430940 21322825 24236800 28828732 31055042 2919281 -5306 0 X X 0 1 X 1 0 X 2206927 5641944 5406122 5529271 6070762 24855026 2206927 5641944 5406122 5529271 6070762 24855026 1548135 23306891 118735 241054 375292 628944 930768 2294793 169732 3715 161984 335431 27485250 2675108 0.84800 0.90520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 3,065. 2020 AMOUNT: $ 3,715. 2021 AMOUNT: $ 161,984. SETTLEMENT - 2019 AMOUNT: $ 166,667. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75000 75000 798422 361082 437340 28957 19730 9227 93253 91869 1384 522951 GRANT OBLIGATIONS PAYABLE 50000 SECURITY DEPOSITS 9090 REFUNDABLE ADVANCES 1006913 OPERATING LEASE LIABILITIES 201113 1267116 X 8364273 -5306 31169 103821 129684 8234589 0 8234589 5450298 31169 103821 134990 5315308 0 5315308 PART X, LINE 2: PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE ORGANIZATION TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE ORGANIZATION EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE YEARS ENDED AFTER DECEMBER 31, 2018 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET OF INCOME 103,821. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED NET OF INCOME 103,821. X X X 0 0 0 0 0 0 0 0 0 STEVEN MEYER CHIEF EXECUTIVE OFFICER 180126 0 0 0 0 0 9185 0 10241 0 199552 0 0 0 FORM 990, PART III, LINE 2 AFFORDABLE HOMEMATTERS, LLC ("AFFORDABLE HOMEMATTERS") IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY ESTABLISHED BY INTEND FOR THE PURPOSE OF PRESERVING AND DEVELOPING INCLUSIVE, DIVERSE, AND EQUITABLE HOMEOWNERSHIP OPPORTUNITIES. RENEW LANDBANK, LLC ("RENEW LANDBANK") IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY ESTABLISHED BY INTEND FOR THE PURPOSE OF RENEWING THE COMMUNITY BY RETURNING VACANT, ABANDONED, AND DISTRESSED PROPERTIES TO PRODUCTIVE USE. BOTH COMPANIES BEGAN OPERATIONS IN JANUARY 2022. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 - A DRAFT OF THE FORM 990 IS PROVIDED ELECTRONICALLY ON THE WEBSITE AND BY MAIL TO ALL BOARD MEMBERS. IT IS THEN DISCUSSED AND APPROVED AT THE MONTHLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS AND RELATED PARTIES ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A CONFLICT OF INTEREST DOCUMENT THAT STATES IF THERE IS A CONFLICT THAT THEY WILL NOT PARTICIPATE IN THE ACTIONS INVOLVING DECISIONS IN WHICH SUCH CONFLICTS OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE PERFORMS THE OVERALL REVIEW FOR THE EXECUTIVE DIRECTOR AND THE SALARY INCREASE/DECREASE IS RECOMMENDED BY THE BOARD PRESIDENT TO THE OVERALL BOARD OF DIRECTORS BASED ON COMPARING EDUCATIONAL LEVEL, SKILL SETS AND PAY SCALE TO OTHER EXECUTIVE DIRECTORS IN INDIANAPOLIS. ALL RECOMMENDATIONS ARE DISCUSSED BY THE FULL BOARD AND INCREASES ARE APPROVED BY THE FULL BOARD. THE EXECUTIVE COMMITTEE REQUESTS WAGE COMPARISON DATA ON RELATED POSITIONS AND PERFORMANCE OUTCOMES BY EMPLOYEE. PROPOSED WAGE INCREASES ARE DETERMINED FROM THE INFORMATION PROVIDED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE ON FILE WITH THE INDIANA SECRETARY OF STATE AND ARE AVAILABLE TO ANY INDIVIDUAL WHO WISHES TO ACCESS THEM AT THAT LOCATION. THE FINANCIAL STATEMENTS ARE POSTED ANNUALLY ON GUIDESTAR. IN ADDITION, DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE INTEND INDIANA BUSINESS OFFICE UPON REQUEST. FORM 990, PART XII, LINE 2B THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. BUILD FUND LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 BUSINESS LOANS IN 2312706 8289281 INTEND INDIANA INC GRAMSE HOLDINGS LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE/DEBT HOLDER IN INTEND INDIANA INC EDGE FUND LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 HOUSING DEVELOPMENT LOANS IN 2356637 14882532 INTEND INDIANA INC RENEW INDIANAPOLIS PROPERTIES LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE IN INTEND INDIANA INC AFFORDABLE HOMEMATTERS LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE DEVELOPMENT IN 2058198 2922583 INTEND INDIANA INC RENEW LANDBANK LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE IN 100000 69807 INTEND INDIANA INC