Plainfield Eid Corp is located in Plainfield, IN. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Plainfield Eid Corp 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 12/2023, Plainfield Eid Corp generated $645.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $421.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PLAINFIELD'S EID WAS CREATED BY LOCAL PROPERTY OWNERS TO SPECIFICALLY ADDRESS THE NEEDS AND INTERESTS OF THE TENANT BUSINESSES AND LOCAL PROPERTY OWNERS WITHIN THE DESIGNATED DISTRICT CALLING PLAINFIELD HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PAYS FOR TRANSPORTATION OPPORTUNITIES FOR COMMUTING EMPLOYEES FROM INDYGO ROUTE TO PLAINFIELD CONNECTOR / INDYGO BUS STOP @ BRIDGEPORT RD. RIDERS GET OFF INDYGO AND ONTO PLAINFIELD CONNECTOR AND TRAVEL TO ONE OF THE CONNECTOR STOPS CLOSEST TO THEIR EMPLOYER. IN 2023, 36 COMMUTING WORKERS BOARDED PER WEEKDAY. THIS TOTALED 11,050 YEARLY RIDES.
THE ORGANIZATION IDENTIFIES, MARKETS TO, AND ATTRACTS A SKILLED WORKFORCE FOR THE COMPANIES WITHIN THE EID. THE EID WORKS WITH AREA ENTITIES AND SCHOOLS TO IDENTIFY POTENTIAL WORKFORCE AND DEVELOP A POTENTIAL NEW PIPELINE. THE TOTAL CONNECTIONS IN 2023 WERE 9,052. THERE WERE 6,750 EID COMPANY REFERRALS, 526 EID STAFFING REFERRALS, AND 949 EID PARTNER REFERRALS.
PROVIDES BUSINESS RETENTION EFFORTS THROUGH COMMUNICATION WITH COMPANIES WITHIN THE DISTRICT AND SERVICE ORGANIZATIONS PROVIDING OPPORTUNITIES TO THOSE COMPANIES. THE ORGANIZATION WORKS TO IDENTIFY COMMON CONCERNS AMONG THE COMPANIES AND THEN WORKS WITH AREA ENTITIES, LEADERS AND SCHOOL CORPORTATION TO ADDRESS THE CONCERNS. THE TOP COMMON CONCERNS ARE TRANSPORTATION, CHILDCARE AND ATTAINABLE HOUSING. TWELVE (12) LOCAL COMPANIES REACHED OUT FOR DIRECT ASSISTANCE. NEWSLETTERS AND EMAIL UPDATES WERE SENT OUT TOTALING 4,872 COMMUNICATION TOUCHES. THE EID WORKED IN PARTNERSHIP WITH 9 LOCAL COMMUNITY SERVICE PARTNERS TO PROVIDE ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Grant Goldman President | OfficerTrustee | 1 | $0 |
Jill Evans Vice President | OfficerTrustee | 1 | $0 |
Cindy Abner Treasurer | OfficerTrustee | 1 | $0 |
Jessica Saylor Secretary | OfficerTrustee | 1 | $0 |
Jon Epse Board Member | Trustee | 1 | $0 |
Bill Kirchoff Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $638,546 |
Investment income | $7,335 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $645,881 |
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. | $0 |
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 | $0 |
Payroll taxes | $0 |
Fees for services: Management | $48,000 |
Fees for services: Legal | $900 |
Fees for services: Accounting | $16,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $47,163 |
Office expenses | $771 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $664 |
All other expenses | $0 |
Total functional expenses | $421,210 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,685 |
Savings and temporary cash investments | $1,253,598 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,008 |
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 | $655 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,359,946 |
Accounts payable and accrued expenses | $31,933 |
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 | $0 |
Total liabilities | $31,933 |
Net assets without donor restrictions | $0 |
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 | $1,328,013 |
Total liabilities and net assets/fund balances | $1,359,946 |