16 TECH COMMUNITY CORPORATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- 16 TECH COMMUNITY CORPORATION (EIN 81-0853467)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202243199349309369
- Schema version
- 2021v4.2
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T11:25:37-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 352123203 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KSM BUSINESS SERVICES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 40857 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810853467 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 16 TECH COMMUNITY CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 16TE | BusinessNameControlTxt |
| Phone | 8477219943 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 WATERWAY BLVD | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46202 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EMILY C KRUEGER | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8477219943 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | EMILY | PersonFirstNm |
| Person Last | KRUEGER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CASSE TATE | PreparerPersonNm |
| PTIN | P01271193 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EMILY C KRUEGER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 WATERWAY BLVD | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,327,802 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.16TECH.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | 16 TECH COMMUNITY CORPORATION (16 TECH CC) IS DEDICATED TO THE CREATION OF THE 16 TECH INNOVATION DISTRICT, A GEOGRAPHIC AREA DELIVERING A NEW APPROACH TO FOSTERING ECONOMIC GROWTH AND INNOVATION IN INDIANAPOLIS. 16 TECH CC IS CATALYZING THIS NEW FORM OF INNOVATION THROUGH A "PLACE-MAKING" STRATEGY, CREATING A ZONE OF ECONOMIC ACTIVITY DESIGNED WITH THE SPECIFIC PURPOSE OF ENGENDERING COLLABORATION AND INNOVATION AMONG INDIANA'S ADVANCED INDUSTRIES - LIFE SCIENCES, ADVANCED MANUFACTURING, AND TECH IN ALL ITS FORMS - AND LEADING ENTREPRENEURS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,164,048 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,137,265 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,460,317 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,170,454 | CYProgramServiceRevenueAmt |
| PY Investment Income | $106,891 | PYInvestmentIncomeAmt |
| CY Investment Income | $492,123 | CYInvestmentIncomeAmt |
| PY Other Revenue | $63,002 | PYOtherRevenueAmt |
| CY Other Revenue | $20,534 | CYOtherRevenueAmt |
| PY Total Revenue | $53,794,258 | PYTotalRevenueAmt |
| CY Total Revenue | $43,820,376 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,212,705 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,723,675 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,453,264 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,077,112 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $158,888 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $33,889,486 | PYOtherExpensesAmt |
| CY Other Expenses | $20,401,965 | CYOtherExpensesAmt |
| PY Total Expenses | $42,555,455 | PYTotalExpensesAmt |
| CY Total Expenses | $25,202,752 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,238,803 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,617,624 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $74,420,469 | TotalAssetsBOYAmt |
| Total Assets EOY | $90,414,871 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,559,381 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,203,940 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $60,861,088 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $79,210,931 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | (I) TO FOSTER AND ENHANCE ECONOMIC DEVELOPMENT; TALENT ATTRACTION, DEVELOPMENT AND RETENTION; AND ENTREPRENEURIAL GROWTH IN THE CITY OF INDIANAPOLIS; (II) TO PROMOTE, ENCOURAGE AND ASSIST IN THE DEVELOPMENT OF A KNOWLEDGE COMMUNITY AND RELATED TECHNOLOGY PARK THAT WILL ATTRACT | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $23,255,542 | ExpenseAmt |
| Grant | $2,723,675 | GrantAmt |
| Revenue | $23,573,508 | RevenueAmt |
| Desc | 16 TECH COMMUNITY CORPORATION WAS FORMED IN SEPTEMBER 2015 TO DELIVER A NEW APPROACH TO ECONOMIC GROWTH AND INNOVATION IN INDIANAPOLIS. THE NONPROFIT IS RESPONSIBLE FOR CATALYZING THE PROGRAMMATIC AND PHYSICAL DEVELOPMENT OF 16 TECH INNOVATION DISTRICT. OPENING ITS FIRST BUILDING IN 2020, 16 TECH INNOVATION DISTRICT IS A 50-ACRE COMMUNITY DESIGNED TO FACILITATE COLLABORATION AND INNOVATION AMONG INDIANA'S ADVANCED INDUSTRIES (LIFE SCIENCES, ADVANCED MANUFACTURING AND TECHNOLOGY) AND LEADING ENTREPRENEURS. THE CONVERGENCE OF THESE INDUSTRIES, ALONG WITH UNIVERSITY RESOURCES, RESEARCH FACILITIES, AND ADDITIONAL AMENITIES AND QUALITY-OF-LIFE SERVICES, SUPPORTS THE ECONOMIC GROWTH OF INDIANAPOLIS. 2021 MARKED THE START OF A TRULY VIBRANT, GROWING COMMUNITY OF ENTREPRENEURS, CAPITAL PROVIDERS, MAKERS, AND COMPANIES IN THE LIFE SCIENCES, ADVANCED MANUFACTURING, TECHNOLOGY INDUSTRIES FOR THE 16 TECH INNOVATION DISTRICT. THE INCREASE IN ACTIVITY WAS BROUGHT ABOUT BY THE OPENING OF THE HQO INNOVATION HUB, OWNED AND OPERATED BY 16 TECH, WITH FLEXIBLE OFFICE SPACE, A MAKERSPACE AND AN ARTISAN MARKETPLACE WITH MORE THAN 20 DIFFERENT FOOD VENDORS. CONSTRUCTION PROGRESS IN THE DISTRICT WAS ALSO VERY VISIBLE AS THE 650-CAR PARKING GARAGE TOOK SHAPE IN ADDITION TO BREEDLOVE LANE, NAMED AFTER MADAM CJ WALKER. SIGNIFICANT PROGRESS WAS ALSO MADE ON THE NEXT ROUND OF INFRASTRUCTURE AND PUBLIC SPACE PROJECTS AND 16 TECH WAS EXCITED TO ANNOUNCE THE DESIGN FOR THE NEW BRIDGE TO CROSS FALL CREEK. THE BRIDGE WILL PROVIDE ADDITIONAL ACCESS, CONNECTING THE INNOVATION DISTRICT TO THE MEDICAL AND RESEARCH CORRIDOR TO THE SOUTH. 16 TECH WAS FORMED WITH THE INTENTION: (A) TO FOSTER AND ENHANCE ECONOMIC DEVELOPMENT; TALENT ATTRACTION, DEVELOPMENT AND RETENTION; AND ENTREPRENEURIAL GROWTH IN THE CITY OF INDIANAPOLIS (THE CITY);(B) TO PROMOTE, ENCOURAGE AND ASSIST IN THE DEVELOPMENT OF A KNOWLEDGE COMMUNITY THAT WILL ATTRACT AND RETAIN NEW EMPLOYERS AND RELATED JOBS TO THE CITY;(C) TO FOSTER AND SUPPORT SCIENTIFIC RESEARCH AND RELATED TECHNOLOGY TRANSFER;(D) TO SERVE AS A MULTI-DISCIPLINARY HUB FOR THE COMMUNITY, EMPLOYERS AND THE INDIVIDUALS THAT LIVE AND WORK WITHIN THE DISTRICT;(E) TO PROMOTE, FURTHER AND SUPPORT THE EFFORTS OF THE SUPPORTED ORGANIZATIONS (AS DEFINED BELOW) IN THEIR STRATEGIC AND COORDINATED EFFORTS TO CREATE A DOWNTOWN TECHNOLOGY DISTRICT THAT WILL REVITALIZE THE SURROUNDING COMMUNITY, AND WILL ATTRACT EMPLOYERS, INCLUDING BUT NOT LIMITED TO LIFE SCIENCE, INFORMATION TECHNOLOGY AND OTHER TECHNOLOGY-INTENSIVE COMPANIES, AND INCREASE THE VISIBILITY AND LEADERSHIP OF THE CITY NATIONALLY AND ABROAD; AND(F) TO CREATE, FURTHER OR SUPPORT EDUCATIONAL AND WORKFORCE PROGRAMS AND TALENT PATHWAYS THAT STRENGTHEN THE INNOVATION DISTRICT AND SURROUNDING COMMUNITIES ON THE WEST SIDE OF INDIANAPOLIS. 16 TECH COMMUNITY CORPORATION'S ACTIVITIES FOCUS ON OPERATIONS, PUBLIC INFRASTRUCTURE DEVELOPMENT, PROGRAMMING, AND COMMUNITY ENGAGEMENT AND INVESTMENT. A) 16 TECH OPERATING ACTIVITIES - 16 TECH RECEIVES FUNDING FROM PHILANTHROPIC ORGANIZATIONS AND INDIVIDUALS TO SUPPORT THE ORGANIZATION'S OPERATING EXPENSES AND PROGRAMMATIC ACTIVITIES.B) PUBLIC INFRASTRUCTURE DEVELOPMENT ACTIVITIES - 16 TECH CONTINUES THE INFRASTRUCTURE PHASE NECESSARY IN BUILDING AN INNOVATION DISTRICT AND ATTRACTING PRIVATE DEVELOPMENT. IN 2021, PROGRESS WAS MADE ON ADDITIONAL ROADS, UTILITIES AND SANITARY INFRASTRUCTURE..C) COMMUNITY ENGAGEMENT AND INVESTMENT - THE CITY OF INDIANAPOLIS PROVIDED SEED FUNDING FOR THE COMMUNITY INVESTMENT FUND (CIF). SINCE 2020, 16 TECH COMMUNITY CORPORATION HAS AWARDED $1.3 MILLION IN GRANTS TO RESIDENT-ENDORSED PROJECTS IN THE NEIGHBORHOODS SURROUNDING 16 TECH INNOVATION DISTRICT. THE GRANTS, AWARDED TO 40 ORGANIZATIONS, ARE DESIGNED TO ENHANCE QUALITY-OF-LIFE EFFORTS AND SUPPORT PROJECTS IN INFRASTRUCTURE/BEAUTIFICATION, WORKFORCE TRAINING, BUSINESS SUPPORT, EDUCATION AND NEIGHBORHOOD CAPACITY BUILDING. | Desc |
| Total Program Service Expenses | $23,255,542 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEX KURRELMEIER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8477219943 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 WATERWAY BLVD | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID LAWTHER JOHNSON | ||||||||
| CHAIR | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $748,219 | $44,449 | |
| TORY CASTOR | ||||||||
| SECRETARY | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $1,168,100 | $169,979 | |
| ROBERT W COY JR | ||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | Yes (X) | $401,518 | $0 | $50,785 | ||
| WILLIAM STEPHAN | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $396,725 | $58,261 | ||
| JEFFREY HARRISON | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BART PETERSON | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN MAYS-CORBITT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARYA ROSE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMAN BRAR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL T BABCOCK | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| RAMESH DURVASULA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID ROBERTS | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| SARAH S RIORDAN | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN HUESING | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $459,543 | $59,675 | ||
| MICHAEL MIRRO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN PALKOWITZ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EMILY KRUEGER | ||||||||
| CHEIF OPERATING OFFICER | 40.00 | Yes (X) | $212,733 | $0 | $32,154 | |||
| ROBERT HERZOG | ||||||||
| CHEIF FINANCIAL OFFICER | 40.00 | Yes (X) | $206,419 | $0 | $49,127 | |||
| ERIC MILLER | ||||||||
| DIRECTOR OF BUSINESS DEVELOPEMENT | 40.00 | $158,808 | $0 | $46,780 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $979,478 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,772,587 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $511,210 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FA WILHELM CONSTRUCTION | |||||
| 3914 PROSPECT ST | INDIANAPOLIS | IN | 46203 | CONSTRUCTION SERVICES | $13,020,586 |
| BROWNING DAVIS BUILDING INDY INNOVATION | |||||
| 6099 W 96TH STREET SUITE 150 | INDIANAPOLIS | IN | 46278 | CONSTRUCTION SERVICES | $3,042,080 |
| AES INDIANA | |||||
| ONE MONUMENT CIRCLE PO BOX 1595 | INDIANAPOLIS | IN | 46206 | INFRASTRUCTURE DEVELOPEMENT SERVICES | $2,031,523 |
| AMERICAN STRUCTUREPOINT INC | |||||
| 2700 MARKET TOWER 10 WEST MARKET ST | INDIANAPOLIS | IN | 46204 | CONSTRUCTION MANAGEMENT | $1,693,168 |
| SCHLAICH BERGERMANN AND PARTNER LP | |||||
| 555 8TH AVE STE 2402 | NEW YORK | NY | 10018 | CONSTRUCTION SERVICES | $1,265,938 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $200,000 | RelatedOrganizationsAmt |
| Government Grants | $1,293,013 | GovernmentGrantsAmt |
| All Other Contributions | $18,644,252 | AllOtherContributionsAmt |
| Total Contributions | $20,137,265 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DEVELOPER FEE | 531390 | $16,070,277 | $16,070,277 |
| DEVELOPER TAX CREDIT REVENUE | 531390 | $4,737,150 | $4,737,150 |
| JOINT VENTURE- INDY INNOVATIONS 1 | 531110 | $1,217,539 | $1,217,539 |
| RENTAL INCOME | 532000 | $793,729 | $793,729 |
| JOINT VENTURE- 16 TECH LEVERAGE | 531390 | $43,296 | $43,296 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $308,463 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $308,463 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,170,454 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,069 | TotalRevenueColumnAmt |
| Exclusion | $89,069 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,534 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,534 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,534 | TotalRevenueColumnAmt |
| Exclusion | $20,534 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $910,480 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $507,426 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $403,054 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $403,054 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $403,054 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,820,376 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,573,508 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $109,603 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,723,675 | TotalAmt |
| Program Services | $2,723,675 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,671,611 | TotalAmt |
| Program Services | $1,033,893 | ProgramServicesAmt |
| Management And General | $558,899 | ManagementAndGeneralAmt |
| Fundraising | $78,819 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,456 | TotalAmt |
| Program Services | $175,886 | ProgramServicesAmt |
| Management And General | $119,692 | ManagementAndGeneralAmt |
| Fundraising | $16,878 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,045 | TotalAmt |
| Program Services | $55,577 | ProgramServicesAmt |
| Management And General | $32,837 | ManagementAndGeneralAmt |
| Fundraising | $4,631 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,713 | TotalAmt |
| Management And General | $184,713 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,300 | TotalAmt |
| Program Services | $135,290 | ProgramServicesAmt |
| Management And General | $118,010 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,200 | TotalAmt |
| Management And General | $32,200 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Management And General | $15,000 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,513 | TotalAmt |
| Program Services | $266,513 | ProgramServicesAmt |
| Fundraising | $50,000 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $726,178 | TotalAmt |
| Program Services | $221,508 | ProgramServicesAmt |
| Management And General | $500,538 | ManagementAndGeneralAmt |
| Fundraising | $4,132 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,347 | TotalAmt |
| Program Services | $21,409 | ProgramServicesAmt |
| Management And General | $18,350 | ManagementAndGeneralAmt |
| Fundraising | $2,588 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $976,637 | TotalAmt |
| Program Services | $855,554 | ProgramServicesAmt |
| Management And General | $119,243 | ManagementAndGeneralAmt |
| Fundraising | $1,840 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,793 | TotalAmt |
| Program Services | $9,793 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,729 | TotalAmt |
| Program Services | $142,729 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $719,128 | TotalAmt |
| Program Services | $719,128 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,010 | TotalAmt |
| Program Services | $26,170 | ProgramServicesAmt |
| Management And General | $88,840 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| DEVELOPMENT EXPENSES | $16,070,277 | $16,070,277 |
| PROJECT EXPENSES | $709,390 | $709,390 |
| COMMUNITY RELATIONS | $88,750 | $88,750 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,202,752 | TotalAmt |
| Program Services | $23,255,542 | ProgramServicesAmt |
| Management And General | $1,788,322 | ManagementAndGeneralAmt |
| Fundraising | $158,888 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,280,362 | BOYAmt |
| EOY | $20,808,990 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,235,201 | BOYAmt |
| EOY | $1,982,219 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,020,212 | BOYAmt |
| EOY | $9,615,998 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,917 | BOYAmt |
| EOY | $108,440 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,366,523 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $739,655 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,766,390 | BOYAmt |
| EOY | $35,626,868 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,071 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,500 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,870,816 | BOYAmt |
| EOY | $22,272,356 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,420,469 | BOYAmt |
| EOY | $90,414,871 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,559,381 | BOYAmt |
| EOY | $2,132,922 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,000,000 | BOYAmt |
| EOY | $222,678 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $8,848,340 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,559,381 | BOYAmt |
| EOY | $11,203,940 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,644,399 | BOYAmt |
| EOY | $60,861,088 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,216,689 | BOYAmt |
| EOY | $18,349,843 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,861,088 | BOYAmt |
| EOY | $79,210,931 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,420,469 | BOYAmt |
| EOY | $90,414,871 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,617,624 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$267,781 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 6 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (6 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| INDIANA UNIVERSITY | ||||
| 356001673 | 6 | Yes (1) | $0 | $0 |
| INDIANA UNIVERSITY HEALTH INC | ||||
| 351955872 | 3 | Yes (1) | $0 | $0 |
| THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY | ||||
| 356005697 | 6 | Yes (1) | $0 | $0 |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||||
| 352065459 | 10 | Yes (1) | $0 | $0 |
| THE CITY OF INDIANAPOLIS | ||||
| 356001063 | 6 | Yes (1) | $0 | $2,421,425 |
| INDIANA ECONOMIC DEVELOPMENT CORPORATION | ||||
| 356000158 | 6 | Yes (1) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 6 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $2,421,425 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | Yes (1) | SupportedOrgSectionC456Ind |
| Supported Org Qualified | Yes (1) | SupportedOrgQualifiedInd |
| Suprt Exclusively Sec170c2 B | Yes (1) | SuprtExclusivelySec170c2BInd |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 2: | THREE SUPPORTED ORGANIZATIONS DO NOT HAVE IRS DETERMINATION LETTERS. 1) THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA IS A MUNICIPAL CORPORATION AND POLITICAL SUBDIVISION OF THE STATE OF INDIANA. 2) THE CITY OF INDIANAPOLIS IS A LOCAL GOVERNMENTAL UNIT. 3) THE INDIANA DEPARTMENT ECOMONIC DEVELOPMENT IS AN INDIANA STATE AGENCY. |
| PART IV, SECTION A, LINE 3B: | CENTRAL INDIANA CORPORATE PARTNERSHIP IS A 501(C)(6). 16 TECH CC HAS ACCESS TO AND HAS REVIEWED THE PUBLIC SUPPORT TEST AND THE RELATED UNDERLYING SUPPORT DOCUMENTATION TO PROVIDE CONFIRMATION. |
| PART IV, SECTION A, LINE 3C: | ALL SUPPORT PROVIDED BY CENTRAL INDIANA CORPORATE PARTNERSHIP WILL BE REVIEWED BY 16 TECH CC TO ENSURE IT IS CONSIDERED CHARITABLE IN NATURE. IF NEEDED, 16 TECH CC WILL ENGAGE ITS ATTORNEYS TO PROVIDE AN ASSESSMENT OF THE SUPPORT TO ENSURE IT IS EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES PRIOR TO PROVIDING SUCH SUPPORT. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $15,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $15,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $25,187,752 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $25,202,752 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $267,638 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,267,638 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,901,457 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $5,000 | CurrentYearMinus3Amt |
| Current Year | $15,000 | CurrentYearAmt |
| Total | $20,000 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $66,910 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $816,910 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,225,365 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $16,042,586 | OtherCostOrOtherBasisAmt |
| Book Value | $16,042,586 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,323,937 | OtherCostOrOtherBasisAmt |
| Depreciation | $739,655 | DepreciationAmt |
| Book Value | $19,584,282 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,626,868 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CONSTRUCTION IN PROCESS | $22,418,975 |
| LIQUOR LICENSE | $50,054 |
| INVESTMENT IN 16 TECH LEVERAGE LENDER | -$196,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $22,272,356 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NOTES PAYABLE TO RELATED PARTIES | Desc |
| Amt | $8,848,340 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,848,340 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | 16 TECH COMMUNITY CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED FROM THE IRC. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR 2021 AND 2020. 16 TECH DEVELOPER AND 16 TECH SUB-TENANT ARE SINGLE MEMBER LLCS AND ARE TREATED AS DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. 16 TECH COMMUNITY CORPORATION FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. 16 TECH COMMUNITY CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2018. MANAGEMENT BELIEVES THAT 16 TECH'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FLANNER HOUSE | |||||||||||
| 2424 DR MLK JR STREET | INDIANAPOLIS | IN | 46208 | 350942628 | 501C3 | $55,000 | $0 | EXPAND HOMEOWNERSHIP INITIATIVE FOR NEAR NW RESIDENTS THROUGH REHAB-RESALE PROGRAM | |||
| INDY CONVERGENCE | |||||||||||
| 2611 W MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 800253483 | 501C3 | $30,000 | $0 | GROW INTERNAL STAFF CAPACITY FOR PROGRAM MANAGEMENT | |||
| REBUILDING TOGETHER INDIANAPOLIS | |||||||||||
| 55 S STATE AVE STE 321 | INDIANAPOLIS | IN | 46201 | 352099908 | 501C3 | $40,000 | $0 | SUPPORT SPRING REBUILD DAY 2022 WITH HOUSING REPAIRS FOR VULNERABLE POPULATIONS | |||
| BELIEVERS UNITED IN LOCAL DEVELOPMENT | |||||||||||
| 1301 N GOODLET AVENUE | INDIANAPOLIS | IN | 46222 | 810765249 | 501C3 | $20,000 | $0 | CREATE PAID WORKFORCE TRAINING OPPORTUNITIES FOR YOUNG ADULTS IN CONSTRUCTION OR ECOLOGY | |||
| INDY CONVERGENCE INC- INDY COMPLEX LLC | |||||||||||
| 2611 WEST MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 800253483 | 501C3 | $20,000 | $0 | PRODUCE DOCUMENTARY FILM ABOUT HAUGHVILLE WITH LONGTIME RESIDENTS | |||
| SOURCE ENTREPRENEURSHIP CENTER INC | |||||||||||
| 2230 WEST MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 852226090 | 501C3 | $12,000 | $0 | REVITALIZE POCKETS OF WEST 16TH STREET CORRIDOR | |||
| GROUNDWORK INDY | |||||||||||
| 1107 BURDSAL PARKWAY | INDIANAPOLIS | IN | 46208 | 470942628 | 501C3 | $50,000 | $0 | ENGAGE YOUTH IN COMMUNITY-BASED PROJECTS IN NNW, INCORPORATING LIFE SKILLS, JOB TRAINING, AND CERTIFICATION | |||
| INDIANAPOLIS SHAKESPEARE COMPANY INC | |||||||||||
| 4600 SUNSET AVE | INDIANAPOLIS | IN | 46208 | 562609331 | 501C3 | $12,000 | $0 | PRODUCE HIP HOP SHAKESPEARE AT TAGGART MEMORIAL AMPHITHEATRE | |||
| PARK ALLIANCE OF INDIANAPOLIS | |||||||||||
| 3001 N WHITE RIVER PARKWAY W DR | INDIANAPOLIS | IN | 46222 | 351860468 | 501C3 | $30,000 | $0 | COMPLETE INTERACTIVE PROMENADE NODES AND PUBLIC ART PLAN FOR RIVERSIDE PROMENADE | |||
| THE LEARNING TREE | |||||||||||
| 1359 EDGEMONT AVENUE | INDIANAPOLIS | IN | 46208 | 465751479 | 501C3 | $16,000 | $0 | BIKE MECHANIC WORKFORCE TRAINING PROGRAM | |||
| VISION ACADEMY RIVERSIDE -AVONDALE MEADOWS ACADEMY INC | |||||||||||
| 1751 EAST RIVERSIDE DRIVE | INDIANAPOLIS | IN | 46202 | 134289579 | 501C3 | $15,000 | $0 | EXPAND TO 4 DAYS/WEEK OUT-OF-SCHOOL STEM INSTRUCTION WITH LOCAL PARTNERS | |||
| CITY OF INDIANAPOLIS | |||||||||||
| 200 EAST WASHINGTON STREET SUITE | INDIANAPOLIS | IN | 46204 | 356001063 | CITY GOVERNMENT | $0 | $2,421,425 | INFRASTRUCTURE CONTRIBUTION | 2042 | FMV | INFRASTRUCTURE CONTRIBUTION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 11 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTEES ARE REQUIRED TO SUBMIT ANNUAL REPORTS WHICH DESCRIBE THE USE OF FUNDS AND RELEVANCE TO ORIGINAL PURPOSE OF GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TORY CASTOR | ||||||||||||||
| SECRETARY | $0 | $674,502 | $0 | $486,396 | $0 | $7,202 | $0 | $89,727 | $0 | $80,252 | $0 | $1,338,079 | $0 | $0 |
| DAVID LAWTHER JOHNSON | ||||||||||||||
| CHAIR | $0 | $545,933 | $0 | $200,000 | $0 | $2,286 | $0 | $26,907 | $0 | $17,542 | $0 | $792,668 | $0 | $0 |
| JOHN HUESING | ||||||||||||||
| DIRECTOR | $0 | $348,438 | $0 | $89,283 | $0 | $21,822 | $0 | $18,725 | $0 | $40,950 | $0 | $519,218 | $0 | $0 |
| WILLIAM STEPHAN | ||||||||||||||
| DIRECTOR | $0 | $308,638 | $0 | $30,000 | $0 | $58,087 | $0 | $35,885 | $0 | $22,376 | $0 | $454,986 | $0 | $0 |
| ROBERT W COY JR | ||||||||||||||
| PRESIDENT AND CEO | $336,118 | $0 | $65,400 | $0 | $0 | $0 | $29,000 | $0 | $21,785 | $0 | $452,303 | $0 | $0 | $0 |
| ROBERT HERZOG | ||||||||||||||
| CHEIF FINANCIAL OFFICER | $180,048 | $0 | $26,250 | $0 | $121 | $0 | $19,145 | $0 | $29,982 | $0 | $255,546 | $0 | $0 | $0 |
| EMILY KRUEGER | ||||||||||||||
| CHEIF OPERATING OFFICER | $185,555 | $0 | $27,053 | $0 | $125 | $0 | $21,273 | $0 | $10,881 | $0 | $244,887 | $0 | $0 | $0 |
| ERIC MILLER | ||||||||||||||
| DIRECTOR OF BUSINESS DEVELOPEMENT | $144,651 | $0 | $14,060 | $0 | $97 | $0 | $15,327 | $0 | $31,453 | $0 | $205,588 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | ALL REPORTED COMPENSATION OF OFFICERS OR BOARD MEMBERS PAYROLL IS REPORTED BY INSPERITY PEO. THE EXECUTIVE COMMITTEE APPROVES THE CEO COMPENSATION AND THE BOARD OF DIRECTORS APPROVES AS PART OF THE BUDGETING PROCESS THE POOL FOR MERIT INCREASES FOR THE COMING YEAR. |
| SCHEDULE J, PART II | ANNUALLY A QUESTIONNAIRE IS PROVIDED TO EACH CURRENT AND FORMER DIRECTOR REQUESTING THE FOLLOWING INFORMATION FROM THE SUPPORTED ORGANIZATION FROM WHICH THEY REPRESENT OR SERVE AS A MEMBER OF THE SUPPORTED ORGANIZATIONS BOARD: THE DIRECTOR'S NAME, TITLE, AND COMPENSATION FROM EACH REQUIRED SUPPORTED ORGANIZATION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V, LINE 2. | ALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS FOR 16 TECH CC ARE FILED BY INSPERITY PEO. |
| FORM 990, PART VI, SECTION B, LINE 11B | A REDACTED COPY OF 16 TECH CC'S 990 WILL BE REVIEWED AND CIRCULATED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO THE ANNUAL FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH BOARD MEMBER FOR ANNUAL DISCLOSURE. EACH BOARD MEMBER IS REQUIRED TO SUBMIT THIS TO THE CORPORATION'S CHIEF FINANCIAL OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PERFORMANCE AND COMPENSATION OF THE PRESIDENT, CEO, AND OTHER CHIEF EXECUTIVES ARE REVIEWED, ANALYZED AND SET BY THE 16 TECH CC BOARD OF DIRECTORS, WHICH USES A DISTINCT SET OF COMPARABLES TO THE COMPENSATION OF OTHER EXECUTIVES IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS. THE EXECUTIVE COMMITTEE APPROVES THE CEO COMPENSATION AND THE BOARD OF DIRECTORS APPROVES AS PART OF THE BUDGETING PROCESS THE POOL FOR MERIT INCREASES FOR THE COMING YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | UPON REQUEST |
| FORM 990, PART VI, SECTION A, LINE 1B. | ROBERT W. COY, JR IS A BOARD MEMBER OF 16 TECH CC, AND THE PRESIDENT AND CEO OF 16 TECH CC. DAVID LAWTHER JOHNSON IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP), WHICH IS A SUPPORTED ORGANIZATION. PAUL T. BABCOCK IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. TORY CASTOR IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA UNIVERSITY HEALTH, WHICH IS A SUPPORTED ORGANIZATION. JOHN HUESING IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA UNIVERSITY HEALTH, WHICH IS A SUPPORTED ORGANIZATION. SARAH RIORDAN IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF THE CITY OF INDIANAPOLIS, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. WILLIAM STEPHAN IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA UNIVERSITY, WHICH IS A SUPPORTED ORGANIZATION. DAVID ROBERTS IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA ECONOMIC DEVELOPMENT CORPORATION, WHICH IS A SUPPORTED ORGANIZATION. |
| FORM 990, PART VII, SECTION A, COLUMNS D-F. | ANNUALLY A QUESTIONNAIRE IS PROVIDED TO EACH CURRENT AND FORMER DIRECTOR REQUESTING THE FOLLOWING INFORMATION FROM THE SUPPORTED ORGANIZATION FROM WHICH THEY REPRESENT OR SERVE AS A MEMBER OF THE SUPPORTED ORGANIZATIONS BOARD: THE DIRECTOR'S NAME, TITLE, AND COMPENSATION FROM EACH REQUIRED SUPPORTED ORGANIZATION. |
| FORM 990, PART VII, SECTION A, LINE 4. | ALL REPORTED COMPENSATION OF OFFICERS OR BOARD MEMBERS PAYROLL IS REPORTED BY INSPERITY PEO. |
| FORM 990, PART XI, LINE 9: | BOOK TAX DIFFERENCE ON PASSTHROUGH - 16 TECH LEVERAGE LENDER, LLC 348,669. BOOK TAX DIFFERENCE ON PASSTHROUGH - INDY INNOVATIONS 1, LLC -616,450. |
| FORM 990, PART XII, LINE 2C. | 16 TECH CC'S FINANCE AND AUDIT COMMITTEE CONSISTS OF 4 MEMBERS OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE OVERSEES ALL MATTERS RELATING TO AUDITING, ACCOUNTING AND FINANCIAL STATEMENTS, AND AUDITORS AND ACCOUNTANTS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 16 TECH DEVELOPER LLC | |||||||||
| 1220 WATERWAY BLVD | INDIANAPOLIS | IN | 46204 | 384082977 | REAL ESTATE DEVELOPER | IN | $5,120,869 | $10,817,595 | 16 TECH COMMUNITY CORPORATION |
| 16 TECH SUB TENENT LLC | |||||||||
| 1220 WATERWAY BLVD | INDIANAPOLIS | IN | 46204 | 843704042 | PROPERTY MANAGEMENT | IN | $0 | $2,614,184 | 16 TECH COMMUNITY CORPORATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INDIANA UNIVERSITY | |||||||||||
| 400 E 7TH ST RM 501 | BLOOMINGTON | IN | 47405 | 356001673 | HIGHER EDUCATION | IN | 501(C)(3) | LINE 6 | N/A | 0 | |
| INDIANA UNIVERSITY HEALTH INC | |||||||||||
| 950 N MERIDIAN STREET STE 300 | INDIANAPOLIS | IN | 46204 | 351955872 | TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITY THROUGH CARE, EDUCATION, | IN | 501(C)(3) | LINE 3 | N/A | 0 | |
| THE HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY | |||||||||||
| 2951 E 38TH ST 101 | INDIANAPOLIS | IN | 46216 | 356005697 | ADMINISTRATION OF THE DIVISIONS OF PUBLIC HEALTH AND PUBLIC HOSPITALS. | IN | 501(C)(3) | LINE 6 | N/A | 0 | |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | |||||||||||
| 1210 WATERWAY BLVD 5000 | INDIANAPOLIS | IN | 46202 | 352065459 | SUPPORT COMMUNITY DEVELOPMENT IN CENTRAL INDIANA. | IN | 501(C)(6) | N/A | 0 | ||
| CITY OF INDIANAPOLIS | |||||||||||
| 200 EAST WASHINGTON STREET SUITE 20 | INDIANAPOLIS | IN | 46204 | 356001063 | CITY GOVERNMENT | IN | 501(C)(3) | LINE 6 | N/A | 0 | |
| INNOVATION HUB BUILDING HOLDING CORPORATION | |||||||||||
| 1220 WATERWAY BLVD | INDIANAPOLIS | IN | 46202 | 843721914 | QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB)- REAL ESTATE HOLDING | IN | 501(C)(2) | 0 | 16 TECH COMMUNITY CORPORATION | ||
| INDIANA ECONOMIC DEVELOPMENT CORPORATION | |||||||||||
| 1 NORTH CAPITOL AVE SUITE 700 | INDIANAPOLIS | IN | 46204 | 356000158 | STATE AGENCY | IN | 501(C)(3) | LINE 6 | N/A | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 16 TECH LEVERAGE LENDER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1220 WATERWAY BLVD | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843687720 | EIN |
| Primary Activities | LEVERAGE LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | IN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 16 TECH DEVELOPER LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeTypeTxt |
| Share Of Total Income | $43,296 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $8,809,164 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.54250 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE CITY OF INDIANAPOLIS | ||
| B | $2,421,425 | FMV |
| THE CITY OF INDIANAPOLIS | ||
| C | $1,293,013 | FMV |
| INDIANA UNIVERSITY HEALTH INC | ||
| E | $8,848,340 | FMV |
| INDIANA UNIVERSITY HEALTH INC | ||
| C | $200,000 | FMV |
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