Martindale-Brightwood Community Development Corporation
- Assets
- $198.0k
- Revenue
- $801.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 01/1993
- Data as of
- 12/2021
- EIN
- 35-1870982
Organization Overview
Martindale-Brightwood Community Development Corporation is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Martindale-Brightwood Community Development Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martindale-Brightwood Community Development Corporation 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 12/2021, Martindale-Brightwood Community Development Corporation generated $801.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $793.4k during the year ending 12/2021. While expenses have increased by 10.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUE TO PROVIDE PROGRAMS THAT ASSIST LOW INCOME FAMILIES WITH PURCHASING & REHABILITATION OF AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO PROVIDE PROGRAMS THAT ASSIST LOW INCOME FAMILIES WITH PURCHASING & REHABILITATION OF AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amina Pierson Executive Director | Officer | 40 | $88,846 |
Daniel Kinnamon Treasurer | Officer | 5 | $0 |
Tosha Huddleston President | Officer | 5 | $0 |
Sandra Jones Secretary | Officer | 5 | $0 |
Onyette Hamiter Board Member | 5 | $0 | |
Senator Jean Breaux Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,900 |
| Fundraising events | $79,539 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,351 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,790 |
| Total Program Service Revenue | $524,079 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,990 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $801,800 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $228,477 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,885 |
| Payroll taxes | $1,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,000 |
| Travel | $134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $525 |
| Insurance | $0 |
| All other expenses | $13,786 |
| Total functional expenses | $793,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,199 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,004 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,907 |
| Net Land, buildings, and equipment | $5,002 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,882 |
| Total assets | $197,994 |
| Accounts payable and accrued expenses | $23,384 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,386 |
| Total liabilities | $103,770 |
| Net assets without donor restrictions | $87,001 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $197,994 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Martindale-Brightwood Community Development Corporation has recieved totaling $246,400.
| Awarding Organization | Amount |
|---|---|
Fair Housing Center Of Central Indiana Indianapolis, IN PURPOSE: EDUCATION | $110,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Housing and Urban Development Initiative | $35,000 |
Indianapolis Neighborhood Housing Partnership Inc Indianapolis, IN PURPOSE: GENERAL GRANT DISBURSEMENT | $31,500 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $30,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Black Friday Give Back neighborhood reunion | $21,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Community Relief Fund Grant | $10,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Future Wisconsin Housing Fund Inc Middleton, WI | $105,291,826 | $25,347,927 |
Beyond Housing Inc Pine Lawn, MO | $38,518,173 | $15,419,086 |
Insight Development Corporation Indianapolis, IN | $86,054,404 | $6,705,659 |
Center For Veterans Issues Inc Milwaukee, WI | $5,642,001 | $8,532,002 |
Full Circle Communities Inc Chicago, IL | $146,223,116 | $65,892,596 |
Heartland Housing Inc Chicago, IL | $62,362,364 | $6,250,781 |
Habitat For Humanity International Inc Wheaton, IL | $6,181,970 | $4,027,950 |
Housing Oriented Ministries Established For Services Inc Whitesburg, KY | $4,625,979 | $1,907,969 |
Heartland Independent Living Center Owensville, MO | $2,130,293 | $2,069,322 |
Hamilton County Area Neighborhood Development Inc Noblesville, IN | $13,954,467 | $2,220,714 |
Community One Inc Evansville, IN | $1,463,104 | $1,126,647 |
The Housing Partnership Inc St Louis, MO | $1,880,533 | $971,666 |