16 TECH COMMUNITY CORPORATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- 16 TECH COMMUNITY CORPORATION (EIN 81-0853467)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202133159349305698
- Schema version
- 2020v4.1
- 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 | 2021-11-11T13:47:37-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 2020-01-01 | 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 | 3176382103 | 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 | ROBERT F HERZOG | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3176382103 | PhoneNum |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | HERZOG | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CASSE TATE | PreparerPersonNm |
| PTIN | P01271193 | PTIN |
| Phone | 3175802000 | PhoneNum |
| Preparation | 2021-11-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT F HERZOG | 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 | $53,794,258 | 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 EXPECTS TO CATALYZE 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 | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $21,560,286 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,164,048 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,358,762 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,460,317 | CYProgramServiceRevenueAmt |
| PY Investment Income | $191,822 | PYInvestmentIncomeAmt |
| CY Investment Income | $106,891 | CYInvestmentIncomeAmt |
| PY Other Revenue | $50,605 | PYOtherRevenueAmt |
| CY Other Revenue | $63,002 | CYOtherRevenueAmt |
| PY Total Revenue | $39,161,475 | PYTotalRevenueAmt |
| CY Total Revenue | $53,794,258 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,032,151 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $7,212,705 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,157,480 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,453,264 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $90,903 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,199,257 | PYOtherExpensesAmt |
| CY Other Expenses | $33,889,486 | CYOtherExpensesAmt |
| PY Total Expenses | $22,388,888 | PYTotalExpensesAmt |
| CY Total Expenses | $42,555,455 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $16,772,587 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $11,238,803 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $65,136,123 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,420,469 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,491,724 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,559,381 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,644,399 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $60,861,088 | 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 | $41,496,186 | ExpenseAmt |
| Grant | $7,212,705 | GrantAmt |
| Revenue | $37,460,317 | RevenueAmt |
| Desc | AT ITS HEART, THE 16 TECH INNOVATION DISTRICT IS SIMULTANEOUSLY A VISION, A PART OF A BROADER STRATEGY, AND A PLACE. THE VISION IS ONE OF MOMENTUM, DRIVING CENTRAL INDIANA TO THE LEVEL OF GLOBAL LEADER THROUGH TALENT ATTRACTION, DEVELOPMENT, AND RETENTION. THE STRATEGY RESTS ON THE SPECIFIC DESIGN AND CREATION OF AN INNOVATION DISTRICT OF INTENTIONAL INCLUSIVENESS DESIGNED TO ATTRACT THE BEST AND BRIGHTEST TO INDIANAPOLIS. THE DISTRICT IS A NEW URBAN DEVELOPMENT IN DOWNTOWN INDIANAPOLIS STRUCTURED PURPOSEFULLY TO COMPEL INNOVATION THROUGH THE COLLISION OF HIGH-TALENT INDIVIDUALS FROM MULTIPLE SECTORS. 16 TECH'S MAJOR OUTCOMES WILL BE GENERATED THROUGH THE CO-LOCATION OF INDIANA'S ADVANCED INDUSTRIES: LIFE SCIENCES, ADVANCED MANUFACTURING, AND TECH IN ALL ITS FORMS. 16 TECH PROVIDES A DEDICATED PLACE FOR BOTH START-UPS AND MATURE COMPANIES TO CREATE AND INNOVATE. THE CO-LOCATION OF UNIVERSITY RESOURCES, RESEARCH FACILITIES, AND CORPORATE ASSETS WILL BE SUPPORTED WITH WRAP-AROUND QUALITY-OF-LIFE SERVICES ENCOURAGING A LIVE, WORK, PLAY, AND LEARN ENVIRONMENT. THIS DESIGN WILL NOT ONLY ATTRACT THE BEST AND BRIGHTEST IN EACH INDUSTRY, BUT, MORE IMPORTANTLY, WILL PROVIDE THOUGHT LEADERS AND ENTREPRENEURS ACROSS THE TECHNOLOGY SPECTRUM WITH THE OPPORTUNITY TO MEET, COLLABORATE, AND ACCELERATE INNOVATION. IN THE FIRST TEN YEARS, 16 TECH IS EXPECTED TO GENERATE MORE THAN 2,600 JOBS OF ALL SKILL LEVELS. THIS PROVIDES OPPORTUNITIES BOTH TO RECRUIT WORLD-CLASS TALENT AND ALSO TO RETAIN RECENT UNIVERSITY GRADUATES IN INDIANAPOLIS. THROUGH JOB TRAINING AND EDUCATION, WE ALSO HAVE THE OPPORTUNITY TO UPSKILL RESIDENTS IN THE NEIGHBORHOODS SURROUNDING THE 16 TECH INNOVATION DISTRICT FOR CAREERS CLOSE TO HOME. 16 TECH CC HAS MET A NUMBER OF DEVELOPMENT MILESTONES TO DATE, WITH MORE ON THE HORIZON IN HTE NEXT TWO TO SIX MONTHS. | Desc |
| Total Program Service Expenses | $41,496,186 | 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 | 0 | 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 | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 9 | 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 | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | 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 | Yes (1) | 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 | ROBERT F HERZOG | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3176382103 | 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 (21 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 | $688,813 | $56,310 | |
| TORY CASTOR | ||||||||
| SECRETARY | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $532,923 | $31,628 | |
| ROBERT W COY JR | ||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | Yes (X) | $383,341 | $0 | $55,535 | ||
| WILLIAM STEPHAN | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $631,490 | $117,021 | ||
| JEFFREY HARRISON | ||||||||
| DIRECTOR & TREASURER AFTER 9/16 | 1.00 | 40.00 | 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 | Yes (X) | $0 | $80,879 | $0 | |||
| RAMESH DURVASULA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID ROBERTS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $172,645 | $0 | |||
| SARAH S RIORDAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $138,346 | $0 | |||
| JAY MCGILL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $363,810 | $16,610 | |||
| DAN EVANS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATT GUTWEIN | ||||||||
| TREASURER & DIRECTOR TO 9/16/20 | 1.00 | Yes (X) | Yes (X) | $0 | $799,348 | $6,407 | ||
| ANGELA SMITH JONES | ||||||||
| DIRECTOR TO 8/30/20 | 1.00 | Yes (X) | $0 | $101,653 | $0 | |||
| EMILY KRUEGER | ||||||||
| CHEIF OPERATING OFFICER | 40.00 | Yes (X) | $204,014 | $0 | $31,003 | |||
| ROBERT HERZOG | ||||||||
| CHEIF FINANCIAL OFFICER | 40.00 | Yes (X) | $169,068 | $0 | $45,177 | |||
| ERIC MILLER | ||||||||
| DIRECTOR OF BUSINESS DEVEL | 40.00 | $148,569 | $0 | $41,326 | Yes (X) | |||
| STARLA HART | ||||||||
| DIR. OF COMMUNITY INITIATIVES | 40.00 | $116,283 | $0 | $30,714 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,021,275 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,509,907 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $431,731 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | 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 |
|---|---|---|---|---|---|
| BROWNING DAVIS BUILDING INDY INNOVATION | |||||
| 6099 W 96TH STREET SUITE 150 | INDIANAPOLIS | IN | 46278 | CONSTRUCTION SERVICES | $13,427,333 |
| AMERICAN STRUCTUREPOINT INC | |||||
| 2700 MARKET TOWER 10 WEST MARKET ST | INDIANAPOLIS | IN | 46204 | CONSTRUCTION MANAGEMENT | $1,621,676 |
| REITH RILEY | |||||
| 3626 ELKHART ROAD | GOSHEN | IN | 46526 | INFRASTRUCTURE DEVELOPEMENT SERVICES | $1,575,594 |
| BOWEN ENGINEERING | |||||
| 8802 N MERIDIAN STREET | INDIANAPOLIS | IN | 46260 | ENGINEERING SERVICES | $731,883 |
| POWERS AND SONS CONSTRUCTION INC | |||||
| 2502 ROOSEVELT AVENUE | INDIANAPOLIS | IN | 46218 | CONSTRUCTION SERVICES | $347,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $11,580,745 | GovernmentGrantsAmt |
| All Other Contributions | $4,583,303 | AllOtherContributionsAmt |
| Noncash Contributions | $7,264 | NoncashContributionsAmt |
| Total Contributions | $16,164,048 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| DEVELOPER FEE | 531390 | $31,682,617 | $31,682,617 |
| DEVELOPER TAX CREDIT REVENUE | 531390 | $6,414,057 | $6,414,057 |
| JOINT VENTURE- 16 TECH LEVERAGE | 531390 | $90,241 | $90,241 |
| JOINT VENTURE- INDY INNOVATIONS 1 | 531110 | -$726,598 | -$726,598 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,460,317 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,891 | TotalRevenueColumnAmt |
| Exclusion | $106,891 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $63,002 | 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 | $63,002 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,002 | TotalRevenueColumnAmt |
| Exclusion | $63,002 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,794,258 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,460,317 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $169,893 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,212,705 | TotalAmt |
| Program Services | $7,212,705 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $888,137 | TotalAmt |
| Program Services | $509,808 | ProgramServicesAmt |
| Management And General | $327,885 | ManagementAndGeneralAmt |
| Fundraising | $50,444 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,340 | TotalAmt |
| Program Services | $225,227 | ProgramServicesAmt |
| Management And General | $144,831 | ManagementAndGeneralAmt |
| Fundraising | $22,282 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,368 | TotalAmt |
| Program Services | $14,496 | ProgramServicesAmt |
| Management And General | $9,423 | ManagementAndGeneralAmt |
| Fundraising | $1,449 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,935 | TotalAmt |
| Program Services | $47,264 | ProgramServicesAmt |
| Management And General | $30,048 | ManagementAndGeneralAmt |
| Fundraising | $4,623 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,484 | TotalAmt |
| Program Services | $37,804 | ProgramServicesAmt |
| Management And General | $23,989 | ManagementAndGeneralAmt |
| Fundraising | $3,691 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,852 | TotalAmt |
| Management And General | $53,852 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,873 | TotalAmt |
| Program Services | $123,629 | ProgramServicesAmt |
| Management And General | $145,244 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,250 | TotalAmt |
| Management And General | $53,250 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,019 | TotalAmt |
| Program Services | $222,019 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,303 | TotalAmt |
| Program Services | $37,606 | ProgramServicesAmt |
| Management And General | $72,687 | ManagementAndGeneralAmt |
| Fundraising | $3,010 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,770 | TotalAmt |
| Program Services | $8,440 | ProgramServicesAmt |
| Management And General | $5,486 | ManagementAndGeneralAmt |
| Fundraising | $844 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,982 | TotalAmt |
| Program Services | $176,780 | ProgramServicesAmt |
| Management And General | $29,642 | ManagementAndGeneralAmt |
| Fundraising | $4,560 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699 | TotalAmt |
| Program Services | $699 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $410,274 | TotalAmt |
| Program Services | $410,274 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,027 | TotalAmt |
| Program Services | $48,027 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,898 | TotalAmt |
| Program Services | $30,869 | ProgramServicesAmt |
| Management And General | $72,029 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| DEVELOPMENT EXPENSES | $31,753,112 | $31,753,112 |
| PROJECT EXPENSES | $605,081 | $605,081 |
| COMMUNITY RELATIONS | $32,346 | $32,346 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,555,455 | TotalAmt |
| Program Services | $41,496,186 | ProgramServicesAmt |
| Management And General | $968,366 | ManagementAndGeneralAmt |
| Fundraising | $90,903 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,528,048 | BOYAmt |
| EOY | $19,280,362 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $699,990 | BOYAmt |
| EOY | $7,235,201 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,799 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,743,800 | BOYAmt |
| EOY | $9,020,212 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,477 | BOYAmt |
| EOY | $2,917 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $13,792,417 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $26,027 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,542,556 | BOYAmt |
| EOY | $13,766,390 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,114 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $897,542 | BOYAmt |
| EOY | $239,071 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $5,500 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,187,797 | BOYAmt |
| EOY | $24,870,816 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,136,123 | BOYAmt |
| EOY | $74,420,469 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,519,224 | BOYAmt |
| EOY | $2,559,381 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,972,500 | BOYAmt |
| EOY | $11,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,491,724 | BOYAmt |
| EOY | $13,559,381 | 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 | $32,871,812 | BOYAmt |
| EOY | $49,644,399 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,772,587 | BOYAmt |
| EOY | $11,216,689 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,644,399 | BOYAmt |
| EOY | $60,861,088 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,136,123 | BOYAmt |
| EOY | $74,420,469 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $11,238,803 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$22,114 | 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 | 8 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (8 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 |
| INDIANA BIOSCIENCES RESEARCH INSTITUTE INC | ||||
| 462882271 | 7 | 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 | $6,209,755 |
| DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY | ||||
| 356000930 | 6 | Yes (1) | $0 | $0 |
| INDIANA ECONOMIC DEVELOPMENT CORPORATION | ||||
| 356000158 | 6 | Yes (1) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 8 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $6,209,755 | 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 | Yes (1) | OrganizationChangeSuprtOrgInd |
| Supported Org Class Designated | Yes (1) | SupportedOrgClassDesignatedInd |
| 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 (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 2: | FOUR 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 DEPARTMENT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY GROUP IS A MUNICIPAL CORPORATION AND ASSOCIATED WITH THE CITY OF INDIANAPOLIS. 4) THE INDIANA DEPARTMENT ECOMONIC DEVELOPMENT IS AN INDIANA STATE AGENCY. |
| PART IV, SECTION A, LINE 5A: | THE DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY GROUP (EIN: 35-60000930) AND THE INDIANA BIOSCIENCES RESEARCH INSTITUTE, INC. (EIN: 46-2882271) WERE SUPPORTED ORGANIZATIONS THROUGH OCTOBER 22, 2020. 16 TECH UPDATED THE BYLAWS TO ACCOUNT FOR THEIR REMOVAL. |
| 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 A, PART I, LINE 12G | THE DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY GROUP AND THE INDIANA BIOSCIENCES RESEARCH INSTITUTE, INC. WERE SUPPORTED ORGANIZATIONS THROUGH OCTOBER 22, 2020. THEY HAVE BEEN INCLUDED IN PART I DUE TO HAVING BEEN SUPPORTED ORGANIZATIONS DURING THE TAX YEAR. |
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
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $42,555,455 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $42,555,455 | 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 Minus2 | $267,638 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $2,267,638 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $3,401,457 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $5,000 | CurrentYearMinus2Amt |
| Total | $5,000 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $66,910 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $566,910 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $850,365 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,542,556 | OtherCostOrOtherBasisAmt |
| Book Value | $13,542,556 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $249,861 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,027 | DepreciationAmt |
| Book Value | $223,834 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,766,390 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONSTRUCTION IN PROCESS | Desc |
| Book Value | $24,870,816 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $24,870,816 | TotalBookValueOtherAssetsAmt |
| 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 2020 AND 2019. 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 2016. 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 (26 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CITY OF INDIANAPOLIS | |||||||||||
| 200 EAST WASHINGTON STREET SUITE | 2042 | INDIANAPOLIS | IN | 46204 | 356001063 | CITY GOVERNMENT | $6,209,755 | FMV | INFRASTRUCTURE CONTRIBUTION | INFRASTRUCTURE CONTRIBUTION | |
| BELIEVERS UNITED IN LOCAL DEVELOPMENT (YOUTHBUILD INDY) | |||||||||||
| 1301 N GOODLET AVE | INDIANAPOLIS | IN | 46222 | 810765249 | 501C3 | WORKFORCE, EDUCATION | $42,000 | ||||
| CHRISTAMORE HOUSE | |||||||||||
| 502 N TREMONT STREET | INDIANAPOLIS | IN | 46222 | 350885588 | 501C3 | WORKFORCE, EDUCATION, CAPACITY | $70,000 | ||||
| ELEVATE INDIANAPOLIS | |||||||||||
| 2902 N MERIDIAN STREET | INDIANAPOLIS | IN | 46208 | 810807405 | 501C3 | EDUCATION | $37,000 | ||||
| FLANNER HOUSE | |||||||||||
| 2424 DR MLK JR STREET | INDIANAPOLIS | IN | 46208 | 350942628 | 501C3 | RETAIL ENTREPRENEURIAL TRAINING PROGRAM | $57,000 | ||||
| INDY CONVERGENCE | |||||||||||
| 2611 W MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 800253483 | 501C3 | INFRASTRUCTURE & BEAUTIFICATION, CAPACITY BUILDING | $20,000 | ||||
| KURT VONNEGUT MEMORIAL LIBRARY | |||||||||||
| 543 INDIANA AVE | INDIANAPOLIS | IN | 46208 | 270825749 | 501C3 | INFRASTRUCTURE & BEAUTIFICATION | $15,000 | ||||
| LILLIAN DAVIS FOUNDATION | |||||||||||
| 1426 W 29TH STREET | INDIANAPOLIS | IN | 46208 | 651290251 | 501C3 | EDUCATION, CAPACITY BUILDING | $8,500 | ||||
| MARIAN UNIVERSITY | |||||||||||
| 3200 COLD SPRINGS | INDIANAPOLIS | IN | 46222 | 350868175 | 501C3 | EDUCATION | $72,500 | ||||
| PROACT COMMUNITY PARTNERSHIPS | |||||||||||
| 4107 E WASHINGTON STREET | INDIANAPOLIS | IN | 46201 | 273951990 | 501C3 | BUSINESS SUPPORT, EDUCATION, CAPACITY BUILDING | $25,000 | ||||
| REBUILDING TOGETHER INDIANAPOLIS | |||||||||||
| 55 S STATE AVE STE 321 | INDIANAPOLIS | IN | 46201 | 352099908 | 501C3 | INFRASTRUCTURE & BEAUTIFICATION | $13,000 | ||||
| STEMNASIUM LEARNING LABS | |||||||||||
| 2033 SUGAR GROVE AVE | INDIANAPOLIS | IN | 46202 | 843132034 | 501C3 | EDUCATION, CAPACITY | $43,500 | ||||
| STRINGTOWN NEIGHBORHOOD ASSOCIATION | |||||||||||
| 2232 W MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 351643969 | 501C3 | EDUCATION, INFRASTRUCTURE & BEAUTIFICATION, CAPACITY BUILDING | $5,000 | ||||
| ARTE MEXICANO EN INDIANA | |||||||||||
| 43 NORTH HOLMES AVENUE | INDIANAPOLIS | IN | 46222 | 844294544 | 501C3 | LA SARDINA GALLERY AT PURPOSE PARK | $15,300 | ||||
| ASPIRE HIGHER FOUNDATION INC | |||||||||||
| 1002 UDELL STREET | INDIANAPOLIS | IN | 46208 | 832261693 | 501C3 | FIREHOUSE FIRST FLOOR | $50,000 | ||||
| BE NIMBLE FOUNDATION INC | |||||||||||
| 520 E WASHINGTON STREET 403 | INDIANAPOLIS | IN | 46204 | 831276599 | 501C3 | MELON KITCHEN FOOD ENTREPRENEURSHIP ACCELERATOR | $40,000 | ||||
| BELIEVERS UNITED IN LOCAL DEVELOPMENT | |||||||||||
| 1301 N GOODLET AVENUE | INDIANAPOLIS | IN | 46222 | 810765249 | 501C3 | BUILD: CONSTRUCTION WORKFORCE AND EDUCATION TRAINING | $45,000 | ||||
| CENTER FOR LEADERSHIP DEVELOPMENT | |||||||||||
| 2425 DR MARTIN LUTHER KING JR | STREET | INDIANAPOLIS | IN | 46208 | 351389882 | 501C3 | ACADEMIC ACHIEVEMENT | $25,000 | |||
| HAWTHORNE SOCIAL SERVICE ASSOCIATION INC | |||||||||||
| 2440 WEST OHIO STREET | INDIANAPOLIS | IN | 46222 | 350874274 | 501C3 | STEM INITIATIVE- CREATING OPPT FOR THE NEAR WEST COMMUNITY | $65,000 | ||||
| INDIANA UNIVERSITY FOUNDATION | |||||||||||
| PO BOX 500 | BLOOMINGTOM | IN | 47502 | 356018940 | 501C3 | 16 TECH ENGINEERING & TECH SCHOLARS PROGRAM AT IUPUI | $42,000 | ||||
| INDIANAPOLIS ENVIRONMENTAL EQUITY COUNCIL CO BE NIMBLE FOUNDATION | |||||||||||
| 520 E WASHINGTON STREET 403 | INDIANAPOLIS | IN | 46204 | 831276599 | 501C3 | RECLAIMING INDIANA AVE | $75,000 | ||||
| INDY CONVERGENCE INC | |||||||||||
| 2611 WEST MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 800253483 | 501C3 | A RISING TIDE | $20,000 | ||||
| NEW LIFE MINISTRIES INC | |||||||||||
| 4811 KATELYN DRIVE | INDIANAPOLIS | IN | 46228 | 351389882 | 501C3 | YOUTH BASIC CONSTRUCTION TRAINING PROJECT | $25,000 | ||||
| NINE 13 INC | |||||||||||
| 1271 WEST 29TH STREET | INDIANAPOLIS | IN | 46208 | 464393798 | 501C3 | NEAR NW BUILDING BIKES CLASSROOM PROGRAMMING | $35,000 | ||||
| PURDUE EXTENSION | |||||||||||
| 610 PURDUE MALL | WEST LAFAYETTE | IN | 47907 | 356002041 | 501C3 | PURDUE EXTENSION YOUTH MAKER PROGRAM | $20,000 | ||||
| SOURCE ENTREPRENEURSHIP CENTER INC | |||||||||||
| 2230 WEST MICHIGAN STREET | INDIANAPOLIS | IN | 46222 | 852226090 | 501C3 | WEST WASHINGTON STREET BUSINESS CORRIDOR REVITALIZATION | $18,000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 25 | Total501c3OrgCnt |
| Total Other Org | 1 | 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 |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MATT GUTWEIN | ||||||||||||||
| TREASURER & DIRECTOR TO 9/16/20 | $0 | $799,348 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6,407 | $0 | $805,755 | $0 | $0 |
| WILLIAM STEPHAN | ||||||||||||||
| DIRECTOR | $0 | $322,002 | $0 | $0 | $0 | $309,488 | $0 | $95,663 | $0 | $21,358 | $0 | $748,511 | $0 | $0 |
| DAVID LAWTHER JOHNSON | ||||||||||||||
| CHAIR | $0 | $526,224 | $0 | $160,303 | $0 | $2,286 | $0 | $26,942 | $0 | $29,368 | $0 | $745,123 | $0 | $0 |
| TORY CASTOR | ||||||||||||||
| SECRETARY | $0 | $532,923 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31,628 | $0 | $564,551 | $0 | $0 |
| ROBERT W COY JR | ||||||||||||||
| PRESIDENT AND CEO | $321,682 | $0 | $60,471 | $0 | $1,188 | $0 | $30,452 | $0 | $25,083 | $0 | $438,876 | $0 | $0 | $0 |
| JAY MCGILL | ||||||||||||||
| DIRECTOR | $0 | $317,946 | $0 | $45,864 | $0 | $0 | $0 | $0 | $0 | $16,610 | $0 | $380,420 | $0 | $0 |
| EMILY KRUEGER | ||||||||||||||
| CHEIF OPERATING OFFICER | $177,632 | $0 | $26,265 | $0 | $117 | $0 | $19,625 | $0 | $11,378 | $0 | $235,017 | $0 | $0 | $0 |
| ROBERT HERZOG | ||||||||||||||
| CHEIF FINANCIAL OFFICER | $168,974 | $0 | $0 | $0 | $94 | $0 | $24,121 | $0 | $21,056 | $0 | $214,245 | $0 | $0 | $0 |
| ERIC MILLER | ||||||||||||||
| DIRECTOR OF BUSINESS DEVEL | $134,797 | $0 | $13,650 | $0 | $122 | $0 | $12,947 | $0 | $28,379 | $0 | $189,895 | $0 | $0 | $0 |
| DAVID ROBERTS | ||||||||||||||
| DIRECTOR | $0 | $172,645 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $172,645 | $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 FOR THE TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS OR A PEO. PAYROLL SERVICES WERE PROVIDED BY CENTRAL CORPORATE PARTNERSHIP (CICP) UNDER A MANAGEMENT AGREEMENT THROUGH SEPTEMBER 30, 2020. 16 TECH REIMBURSED CICP FOR ANY PAYROLL OR OTHER COSTS INCURRED RELATED TO THIS AGREEMENT. BEGINING OCTOBER 1, 2020, PAYROLL IS REPORTED BY INSPERITY PEO. |
| 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 (11 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 CENTRAL INDIANA CORPORATE PARTNERSHIP UNDER THE MANAGEMENT AGREEMENT THROUGH SEPTEMBER 30, 2020 AS REFERENCED FOR FORM 990, PART VII, SECTION A, LINE 4. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION BYLAWS WERE UPDATED AND BOTH THE DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY AND INDIANA BIOSCIENCES RESEARCH INSTITUTE ARE NO LONGER SUPPORTED ORGANIZATIONS. THEY WERE SUPPORTED ORGANIZATIONS THROUGH OCTOBER 22, 2020. |
| FORM 990, PART VI, SECTION B, LINE 11B | 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. |
| 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. CICP PROVIDES ADMINISTRATIVE SUPPORT THROUGH A MANAGEMENT AGREEMENT THROUGH SEPTEMBER 30, 2020. 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. MATT GUTWEIN WAS A BOARD MEMBER OF 16 TECH CC THROUGH SEPTEMBER 16, 2020, 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. SARAH RIORDAN IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF THE CITY OF INDIANAPOLIS, INDIANA, WHICH IS A SUPPORTED ORGANIZATION. ANGELA SMITH JONES WAS A BOARD MEMBER OF 16 TECH CC THROUGH AUGUST 2020, 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. JAY MCGILL A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF INDIANA BIOSCIENCES RESEARCH INSTITUTE (IBRI), WHICH IS A SUPPORTED ORGANIZATION, WHICH WAS A SUPPORTED ORGANIZATION THROUGH OCTOBER 22, 2020. JEFFREY HARRISON IS A BOARD MEMBER OF 16 TECH CC, AND AN OFFICER OF CITIZENS ENERGY GROUP, WHICH WAS A SUPPORTED ORGANIZATION THROUGH OCTOBER 22, 2020. |
| 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 FOR THE TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS OR A PEO. PAYROLL SERVICES WERE PROVIDED BY CENTRAL CORPORATE PARTNERSHIP (CICP) UNDER A MANAGEMENT AGREEMENT THROUGH SEPTEMBER 30, 2020. 16 TECH REIMBURSED CICP FOR ANY PAYROLL OR OTHER COSTS INCURRED RELATED TO THIS AGREEMENT. BEGINING OCTOBER 1, 2020, PAYROLL IS REPORTED BY INSPERITY PEO. |
| FORM 990, PART XI, LINE 9: | BOOK TAX DIFFERENCE ON PASSTHROUGH - 16 TECH LEVERAGE LENDER, LLC -679,421. BOOK TAX DIFFERENCE ON PASSTHROUGH - INDY INNOVATIONS 1, LLC 657,307. |
| 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 | $0 | $0 | 16 TECH COMMUNITY CORPORATION |
| 16 TECH SUB TENENT LLC | |||||||||
| 1220 WATERWAY BLVD | INDIANAPOLIS | IN | 46204 | 843704042 | PROPERTY MANAGEMENT | IN | $0 | $0 | 16 TECH COMMUNITY CORPORATION |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 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 | GOVERNMENTAL ENTITY | GOVERNMENTAL ENTITY | 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) | 501(C)(3) | N/A | 0 | |
| INDIANA BIOSCIENCES RESEARCH INSTITUTE INC | |||||||||||
| 1345 W 16TH ST 300 | INDIANAPOLIS | IN | 46202 | 462882271 | THE IBRI AIMS TO DISCOVER CURES TO METABOLIC DISEASES | IN | 501(C)(3) | 501(C)(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 | COMPONENT OF CITY GO | COMPONENT OF CITY GO | 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) | 501(C)(6) | N/A | 0 | |
| CITY OF INDIANAPOLIS | |||||||||||
| 200 EAST WASHINGTON STREET SUITE 20 | INDIANAPOLIS | IN | 46204 | 356001063 | CITY GOVERNMENT | IN | CITY GOVERNMENT | CITY GOVERNMENT | 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) | 501(C)(2) | 0 | 16 TECH COMMUNITY CORPORATION | |
| DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY | |||||||||||
| 2020 N MERIDIAN STREET | INDIANAPOLIS | IN | 46202 | 356000930 | MUNICIPALITY | IN | COMPONENT OF CITY GO | COMPONENT OF CITY GO | N/A | 0 | |
| INDIANA ECONOMIC DEVELOPMENT CORPORATION | |||||||||||
| 1 NORTH CAPITOL AVE SUITE 700 | INDIANAPOLIS | IN | 46204 | 356000158 | STATE AGENCY | IN | COMPONENT OF STATE G | COMPONENT OF STATE G | 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 | $283,067 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $8,760,405 | 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 | 0 | 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 | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE CITY OF INDIANAPOLIS | ||
| B | $6,209,755 | FMV |
| THE CITY OF INDIANAPOLIS | ||
| C | $11,464,845 | FMV |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||
| O | $1,076,549 | FMV |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||
| M | $54,500 | FMV |
| CENTRAL INDIANA CORPORATE PARTNERSHIP INC | ||
| Q | $46,439 | FMV |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE R, PART V, LINE 1(M) | 16 TECH CC IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS, WHICH INCLUDES CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP). 16 TECH CC DELEGATED ADMINISTRATIVE DUTIES TO CICP INCLUDING ACCOUNTING, HUMAN RESOURCES, AND GRANTS ADMINISTRATION THROUGH SEPTEMBER 30, 2020. |
| SCHEDULE R, PART V, LINE 1(O) | SHARING OF PAID EMPLOYEES: CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) IS AFFILIATED WITH 16 TECH CC, 501(C)(3) CORPORATIONS. ALL REPORTED COMPENSATION OF OFFICERS OR BOARD MEMBERS FOR THE TAX YEAR IS PROVIDED BY RELATED ORGANIZATIONS OR A PEO. PAYROLL SERVICES WERE PROVIDED BY CENTRAL CORPORATE PARTNERSHIP (CICP) UNDER A MANAGEMENT AGREEMENT THROUGH SEPTEMBER 30, 2020. 16 TECH REIMBURSED CICP FOR ANY PAYROLL OR OTHER COSTS INCURRED RELATED TO THIS AGREEMENT. BEGINING OCTOBER 1, 2020, PAYROLL IS REPORTED BY INSPERITY PEO. |
| SCHEDULE R, PART V, LINE 1(P) AND (Q) | TO THE EXTENT CENTRAL INDIANA CORPORATE PARTNERSHIP, INC (CICP) INCURS EXPENSES ON BEHALF OF 16 TECH CC, THE ENTITY REGULARLY REIMBURSES CICP. EACH MONTH CICP PREPARES AN INTERCOMPANY REPORT THAT DETAILS AMOUNTS DUE FROM 16 TECH CC, AND OWED TO CICP. 16 TECH CC PREPARES A SIMILAR RECONCILING REPORT OF THE AMOUNTS DUE TO CICP. REIMBURSEMENTS ARE MADE AS SOON AS POSSIBLE AFTER THE BOOKS ARE CLOSED EACH MONTH. THE ADMINISTRATIVE AGREEMENT WITH CICP ENDED IN SEPTEMBER 2020. |
| SCHEDULE R, PART II | THE DEPT OF PUBLIC UTILITIES OF THE CITY OF INDIANAPOLIS DBA CITIZENS ENERGY GROUP AND THE INDIANA BIOSCIENCES RESEARCH INSTITUTE, INC. WERE SUPPORTED ORGANIZATIONS THROUGH OCTOBER 22, 2020. |
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