2025-11-10T13:15:49-06:00 2024-12-31 481111111 CBIZ ADVISORS LLC 3925 RIVER CROSSING PKWY STE 100 INDIANAPOLIS IN 46240 990 2024-01-01 310963438 RILEY AREA DEVELOPMENT CORPORATION RILE 3176378996 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 LAUREN RODRIGUEZ EXECUTIVE DIRECTOR 3176378996 2025-11-04 1 0 XIAOLIN SHI P01394394 3174722200 2025-11-04 2024 2025-03-06 01:10:19Z LAUREN RODRIGUEZ 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 23825 0 X WWW.RILEYAREA.ORG X 1979 IN THE MISSION OF RILEY AREA DEVELOPMENT CORPORATION IS TO DEVELOP AND SUPPORT A SUSTAINABLE COMMUNITY ENVIRONMENT IN AND AROUND DOWNTOWN INDIANAPOLIS THROUGH AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, HEALTHY PUBLIC SPACE AND COMMUNITY DEVELOPMENT. 4 4 0 0 0 0 21380 2150 4689 21128 -153861 362 403379 185 275587 23825 0 0 0 0 756 0 0 0 0 340093 525195 340849 525195 -65262 -501370 6850317 6376084 88030 115167 6762287 6260917 THE MISSION OF RILEY AREA DEVELOPMENT CORPORATION IS TO DEVELOP AND SUPPORT A SUSTAINABLE COMMUNITY ENVIRONMENT IN AND AROUND DOWNTOWN INDIANAPOLIS THROUGH AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, HEALTHY PUBLIC SPACE AND COMMUNITY DEVELOPMENT. 0 0 493241 21313 REDEVELOPMENT OF CERTAIN AREAS OF INDIANAPOLIS TO PROVIDE BENEFITS TO CURRENT AND FUTURE RESIDENTS 493241 1 0 0 0 0 0 0 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X LAUREN RODRIGUEZ 3176378996 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 X WALTER FREIHOFER CHAIR 3.00 X X 0 0 0 KATHY OVERBEY SECRETARY 1.00 X X 0 0 0 MJ TRUJILLO VICE CHAIR 1.00 X 0 0 0 KATHLEEN LARA TREASURER 1.00 X 0 0 0 LAUREN RODRIGUEZ RDOOR PRESIDENT 4.00 X X 0 0 0 0 0 0 0 0 0 0 0 2150 2150 RENTAL INCOME 531310 21128 21128 21128 362 362 MISCELLANEOUS INCOME 531310 185 185 185 23825 21313 0 362 X 2957 2218 739 27772 20829 6943 72000 54000 18000 1621 1216 405 8613 6460 2153 9413 7060 2353 INVESTMENT IN PARTNERSH 397377 397377 OPERATING EXPENSES 5391 4043 1348 MISCELLANEOUS EXPENSE 51 38 13 525195 493241 31954 0 34075 211720 0 0 164220 66749 106084 97471 6710158 6066893 6850317 6376084 26250 54087 39000 39000 22080 22080 700 0 88030 115167 X 6762287 6260917 6762287 6260917 6850317 6376084 -501370 0 X 1 X 0 0 0 X 204626 116418 97584 21380 2150 442158 204626 116418 97584 21380 2150 442158 442158 9 66 88 790 362 1315 5885 -7802 77904 185 76172 519645 0.85090 0.55290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 5,885. 2021 AMOUNT: $ -7,802. 2022 AMOUNT: $ 77,904. 2023 AMOUNT: $ 185. 2024 AMOUNT: $ 0. 72750 X X 0 5343 5343 86127 66749 19378 72750 72750 97471 INVESTMENTS IN PARTNERSHIPS 1176804 DEVOLOPER FEES RECEIVABLE 17434 RELATED PARTY RECEIVABLE 429000 INVESTMENT IN LIMITED LIABILITY COMPANIES 3999001 INVESTMENTS IN C-CORP 163069 OTHER INVESTMENTS - LONG TERM 281585 6066893 X PART III, LINE 4: RILEY AREA DEVELOPMENT CORPORATION PURCHASED, MAINTAINS, AND CARRIES APPROPRIATE INSURANCE ON A SCULPTURE KNOWN AS "BRICKHEAD 3", A PERMANENT OUTDOOR DISPLAY IN DAVLAN PARK. THE SCULPTURE IS LOCATED ON MASSACHUSETTS AVENUE WITHIN THE INNER-CITY HOUSING DEVELOPMENT AREA SERVED BY RILEY AREA DEVELOPMENT CORPORATION. IT IS INTENDED TO PROVIDE ADDITIONAL CULTURE AND IMPROVE THE DESIRABILITY OF THE AREA. PART X, LINE 2: RADC IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON ITS RELATED ACTIVITIES UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN MADE. RADC FILES REQUIRED FEDERAL AND STATE INFORMATION RETURNS. WHENEVER TAX RETURNS ARE FILED, THE FILING ORGANIZATION MUST EVALUATE THE MERITS OF ITS TAX POSITIONS AND DETERMINE IF THEY WILL BE ULTIMATELY SUSTAINED. THOSE TAX POSITIONS FOR THE ORGANIZATION INCLUDE MAINTAINING THEIR TAX-EXEMPT STATUS AND THE TAXABILITY OF AN UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THESE POSITIONS ARE SUSTAINABLE. ALTHOUGH THE ORGANIZATION HAS NOT INCURRED ANY INTERSET AND PENALTIES ASSOCIATED WITH THESE POSITIONS, IT IS THEIR POLICY TO EXPENSE THEM IN THE STATEMENT OF ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B RILEY AREA DEVELOPMENT CORPORATION'S FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR, PRESIDENT OF THE BOARD OF DIRECTORS, AND THE APPROPRIATE REPRESENTATIVES FROM THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE PRIOR TO FINALIZING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C RILEY AREA DEVELOPMENT CORPORATION PASSES OUT A QUESTIONNAIRE ABOUT CONFLICT OF INTEREST TO BE FILLED OUT AND RETURNED BY EACH DIRECTOR, OFFICER AND STAFF MEMBER. THE POLICY INCLUDES STATEMENTS ABOUT OTHER EMPLOYMENT, BEING RELATED TO ANYONE ON THE BOARD OF DIRECTORS AND OTHER ITEMS THAT MAY BE AN ISSUE. FORM 990, PART VI, SECTION B, LINE 15 RILEY AREA DEVELOPMENT CORPORATION'S BOARD OF DIRECTORS DETERMINES AND SETS ALL STAFFING COMPENSATION RATES, WHICH ARE BASED ON PERIODIC, THOROUGH REVIEWS OF ALL RELATED ISSUES, SALARY SURVEYS, CONSULTATION WITH INDEPENDENT PERSONS, REVIEW OF COMPARABLE DATA, AND DELIBERATION. FORM 990, PART VI, SECTION C, LINE 18 RILEY AREA DEVELOPMENT CORPORATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF OUR EXECUTIVE DIRECTOR AND RECEIVED AT OUR CORPORATE OFFICE ADDRESS. FORM 990, PART VI, SECTION C, LINE 19 RILEY AREA DEVELOPMENT CORPORATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST MADE TO THE ATTENTION OF OUR EXECUTIVE DIRECTOR AND RECEIVED AT OUR CORPORATE OFFICE ADDRESS. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 54,000. MANAGEMENT AND GENERAL EXPENSES 18,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,000. HOOSIER RETAIL FLATS LLC 430 MASSACHUSETTS AVENUE INDIANAPOLIS IN 46204 820588507 REAL ESTATE IN N/A RELATED 66279 121608 0 0 0.50000 TRAIL SIDE RETAIL FLATS LLC 430 MASSACHUSETTS AVENUE SUITE A INDIANAPOLIS IN 46204 452910265 REAL ESTATE IN N/A RELATED 35692 410870 0 0 0.50000 SEMINOLE LP 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 352018817 REAL ESTATE IN N/A RELATED -88432 1449447 0 0 0.99990 RILEY-ROBERTS PARK LP 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 352077601 REAL ESTATE IN N/A RELATED 77197 4449184 0 0 0.50990 RILEY-ROBERTS PARK LP 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 352077601 REAL ESTATE IN N/A RELATED 8 0 0 0.00010 TRAIL SIDE ON MASS AVE 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 270458843 REAL ESTATE IN N/A RELATED -16 867246 0 0 0.00010 SEMINOLE-RADC INC 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 352018817 LOW-INCOME HOUSING IN N/A C -9 1.00000 0 RILEY ROBERTS PARK INC 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 352077600 LOW-INCOME HOUSING IN N/A C 127548 1.00000 0 1733 GP INC 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 454548330 LOW-INCOME HOUSING IN N/A S -8 0.49000 0 RADC-MAT INC 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 270458764 LOW-INCOME HOUSING IN N/A C -16 1.00000 0 SCSA INC 441 WEST MICHIGAN STREET INDIANAPOLIS IN 46202 270459091 LOW-INCOME HOUSING IN N/A C -12 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0