Herron-Morton Place Foundation Inc is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herron-Morton Place Foundation 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 12/2018, Herron-Morton Place Foundation Inc generated $33.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $29.4k during the year ending 12/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST AND IMPLEMENT ACTIVITIES WHICH PROTECT REVITALIZE PROMOTE AND STRENGTHEN THE ECONOMY OF HMP AS A WELL BALANCED COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HMP HISTORICAL NEIGHNORHOOD PARK ANNUAL MAINTENANCE EXPENSES FOR LAWN CARE AND GENERAL MAINTENANCE FOR THE PARK EQUIPMENT. A CONSERVATIVE ESTIMATE OF 100 VISITS TO THE PARK EACH WEEK BETWEEN THE MONTHS OF APRIL AND OCTOBER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Haley Glover President | OfficerTrustee | 5 | $0 |
James R Wood Vicepresident | OfficerTrustee | 5 | $0 |
Joseph Tucker-Edmonds Treasurer | OfficerTrustee | 5 | $0 |
Dennis Wheeler Secretary | OfficerTrustee | 5 | $0 |
Andrew Morin Board Member | Trustee | 4 | $0 |
Kim Collins Board Member | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,656 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $276 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $12,017 |
Other Revenue | $0 |
Total Revenue | $33,949 |
Statement of Expenses | |
---|---|
Total expenses | $29,439 |
Balance Sheet | |
---|---|
Total assets | $144,144 |
Total liabilities | $506 |
Net assets or fund balances | $143,638 |