2025-11-14T13:03:22-06:00 2024-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2024-01-01 843721914 INNOVATION HUB BUILDING HOLDING CORPORATION INNO 8477219943 1220 WATERWAY BLVD INDIANAPOLIS IN 46202 ALEX KURRELMEIER TREASURER 8477219943 2025-11-07 1 1 CASSE TATE P01271193 3175802000 2025-11-07 2024 2025-03-06 01:10:19Z ALEX KURRELMEIER 1220 WATERWAY BLVD INDIANAPOLIS IN 46202 1595232 0 X N/A X 2019 IN IHBHC IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED. 2 0 0 0 0 0 0 0 1595232 1595232 0 0 0 0 1595232 1595232 0 0 0 0 0 0 0 0 0 1400980 1410676 1400980 1410676 194252 184556 25277829 26156819 24732781 25427215 545048 729604 X IHBHC IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED. 0 0 INNOVATION HUB BUILDING HOLDING CORPORATION ("IHBHC") IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED. IHBHC IS THE OWNER OF THE "HQO INNOVATION HUB", A BUILDING LOCATED IN THE 16 TECH INNOVATION DISTRICT ("16 TECH") AND CENTRAL TO THE INDIANAPOLIS ENTREPRENEURIAL AND INNOVATION ECOSYSTEM. HQO PROVIDES FLEXIBLE OFFICE SPACE, A MAKERSPACE AND FOOD HALL TO THE VIBRANT, GROWING COMMUNITY OF ENTREPRENEURS, CAPITAL PROVIDERS, MAKERS AND COMPANIES IN THE LIFE SCIENCES, ADVANCED MANUFACTURING AND TECHNOLOGY INDUSTRIES LOCATED IN 16 TECH. THIS BUILDING PREVIOUSLY HOUSED THE MAINTENANCE VEHICLES AND SERVICE EQUIPMENT FOR THE WATER UTILITIES OF CITIZEN'S ENERGY GROUP. TODAY, HQO SERVES AS A FRONT DOOR TO THE 16 TECH INNOVATION DISTRICT AND A LAUNCH PAD FOR TALENT, ENTREPRENEURSHIP, AND INNOVATION IN INDIANAPOLIS. THE MACHYNE MAKERSPACE AND ADJOINING COWORKING/OFFICE SPACE FUNCTION AS A COMMUNITY ENTREPRENEURSHIP CENTER, PROVIDING DISCOUNTED MEMBERSHIPS AND FREE TRAINING PROGRAMS AND CLASSES FOR COMMUNITY MEMBERS TO UTILIZE EQUIPMENT, WORK, MEETING AND EVENT SPACES, AS WELL AS ACCESS TO ENTREPRENEURIAL AND BUSINESS SUPPORT RESOURCES. THE AMP FOOD HALL & MARKETPLACE PROVIDES OPERATING SPACE FOR MORE THAN 20 RESTAURANTS/RETAILERS, 100% OF WHICH ARE INDEPENDENT AND LOCALLY OWNED BUSINESSES AND 50% NEW BUSINESS CONCEPTS. THE AMP ALSO HOSTS THE INDY WINTER'S FARMERS MARKET WELCOMING MORE THAN 20,000 MARKET GOERS OVER THE 20 WEEK SEASON FROM NOVEMBER AND APRIL AND PROVIDING ACCESS TO AFFORDABLE, FRESH LOCAL PRODUCE ON THE WESTSIDE OF INDIANAPOLIS, WHICH HAS BEEN IDENTIFIED AS A FOOD DESERT. IHBHC CONTINUES TO SUPPORT THE MISSION OF 16 TECH BY PROVIDING SPACES, RESOURCES AND PROGRAMMING THAT SUPPORT COMMUNITY ACCESS TO THE INNOVATION ECOSYSTEM. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 2 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IN X ALEX KURRELMEIER TREASURER 8477219943 1220 WATERWAY BLVD INDIANAPOLIS IN 46202 EMILY C KREUGER PRESIDENT 1.00 40.00 X X 0 432115 34350 ALEX KURRELMEIER TREASURER 1.00 40.00 X X 0 224050 48204 ROBERT WHITT SECRETARY (THROUGH MARCH) 1.00 40.00 X X 0 77555 29637 0 733720 112191 0 0 1 0 0 BUILDING LEASE INCOME 531120 1549844 1549844 EQUIPMENT LEASE INCOME 532420 45388 45388 1595232 1595232 1595232 0 0 628896 781780 1410676 589500 589500 22209915 2856780 20069377 19353135 4618952 6214184 25277829 26156819 22710000 22710000 2022781 2717215 24732781 25427215 X 545048 729604 545048 729604 25277829 26156819 184556 0 X X 0 1 X 1 0 21711099 2704961 19006138 498816 151819 346997 19353135 DUE FROM AFFILIATES 6214184 6214184 DUE TO AFFILIATES 2717215 2717215 X PART X, LINE 2: IHBHC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE IRC, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED FROM THE IRC. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR IHBHC. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR 2024 OR 2023 FOR IHBHC. IHBHC FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. IHBHC IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2021. MANAGEMENT BELIEVES THAT IHBHC'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. 0 0 0 EMILY C KREUGER PRESIDENT 0 362115 0 70000 0 0 0 23000 0 11350 0 466465 0 0 ALEX KURRELMEIER TREASURER 0 196000 0 28050 0 0 0 11390 0 36814 0 272254 0 0 FORM 990, PART VI, SECTION A, LINE 3 16 TECH COMMUNITY CORPORATION, A RELATED ORGANIZATION, MANAGES, OPERATES AND MAINTAINS INNOVATION HUB BUILDING HOLDING CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE 990 WILL BE CIRCULATED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE ANNUAL FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH BOARD MEMBER FOR ANNUAL DISCLOSURE. EACH BOARD MEMBER IS REQUIRED TO SUBMIT THIS TO THE CORPORATION'S BOARD PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VI, SECTION A, LINE 1B. EMILY KRUEGER IS A BOARD MEMBER OF INNOVATION HUB BUILDING HOLDING CORPORATION, AND THE CHIEF EXECUTIVE OFFICER OF 16 TECH CC, A RELATED ORGANIZATION. ALEX KURRELMEIER IS A BOARD MEMBER OF INNOVATION HUB BUILDING HOLDING CORPORATION, AND THE CHIEF FINANCIAL OFFICER OF 16 TECH CC, A RELATED ORGANIZATION. ROBERT WHITT WAS A BOARD MEMBER OF INNOVATION HUB BUILDING HOLDING CORPORATION, AND THE CHIEF OPERATING OFFICER OF 16 TECH CC, A RELATED ORGANIZATION, THROUGH MARCH 2024. FORM 990, PART XII, LINE 2C. IHBHC IS PART OF THE CONSOLIDATED FINANCIALS OF 16 TECH COMMUNITY CORPORATION, A RELATED AND CONTROLLING ORGANIZATION. 16 TECH CC'S FINANCE AND AUDIT COMMITTEE CONSISTS OF 4 MEMBERS OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE OVERSEES ALL MATTERS RELATING TO AUDITING, ACCOUNTING AND FINANCIAL STATEMENTS, AND AUDITORS AND ACCOUNTANTS. 16 TECH COMMUNITY CORPORATION 1220 WATERWAY BLVD INDIANAPOLIS IN 46202 810853467 DEVELOPMENT OF A KNOWLEDGE COMMUNITY IN 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 16 TECH COMMUNITY CORPORATION J 1595232 FMV 16 TECH COMMUNITY CORPORATION E 2717215 FMV