Binford Redvelopment & Growth Inc
- Assets
- $100.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-3917416
Organization Overview
Binford Redvelopment & Growth Inc is located in Indianapolis, IN. The organization was established in 2006. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Binford Redvelopment & Growth Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Binford Redvelopment & Growth Inc generated $51.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $21.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BRAG'S MISSION IS TO PROMOTE ECONOMIC DEVELOPMENT, REVITALIZATION, AND BEAUTIFICATION OF PUBLIC AREAS IN THE BOUNDARIES LISTED HERE: EAST 96TH STREET (NORTH), EAST 56TH STREET (SOUTH), SARGENT ROAD (EAST), AND DEAN ROAD/WHITE RIVER (WEST). BINFORD REDEVELOPMENT AND GROWTH'S CURRENT EMPHASIS IS ALONG BINFORD BOULEVARD AND EAST 71ST STREET, REVITALIZATION OF THE CASTLETON AREA AND NORTH SHADELAND AVE., BUILDING COMMUNITY AND SUPPORTING AREA PARKS WITHIN OUR BOUNDARIES. ADDITIONALLY, BRAG SPONSORS A SUMMER FARMERS MARKET AND CONTINUES TO PROVIDE SIGNIFICANT LEADERSHIP ON THE CITY OF INDIANAPOLIS' NICKLE PLATE TRAIL PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Parmelee Board Member | 2 | $0 | |
Larry Riggle Jan - Sept Vice President | 10 | $0 | |
David Varie Oct - Dec Vice President | 10 | $0 | |
Kevin Senninger Oct - Dec President | 10 | $0 | |
Karen Kyrah Jan - Sept President | 10 | $0 | |
Ryan Harkleroad Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,245 |
| Total Program Service Revenue | $28,956 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,774 |
| Total expenses | $21,024 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,892 |
| Other assets | $0 |
| Total assets | $100,892 |
| Total liabilities | $22,507 |
| Net assets or fund balances | $78,385 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Binford Redvelopment & Growth Inc has recieved totaling $52,515.
| Awarding Organization | Amount |
|---|---|
Dorsey Foundation Inc Indianapolis, IN PURPOSE: GENERAL | $30,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Feasibility Study for North Shadeland Community Ce | $22,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Kentucky Highlands Investment Corporation London, KY | $130,461,604 | $9,285,837 |
Chicago Neighborhood Initiatives Inc Chicago, IL | $28,044,875 | $6,086,031 |
Madison Development Corporation Madison, WI | $34,294,523 | $5,181,232 |
Economic Development Corporation Of Kansas City Missouri Kansas City, MO | $4,885,634 | $3,918,676 |