2025-10-17T07:16:52-05:00 2024-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-01-01 351704590 INTEND INDIANA INC INTE 3179248116 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 STEVEN A MEYER CHIEF EXECUTIVE OFFICER 3179248116 2025-10-16 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-10-16 2024 2025-03-06 01:10:19Z STEVEN A MEYER 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 8367445 0 X WWW.INTENDINDIANA.ORG X 1987 IN INTEND INDIANA CONNECTS PEOPLE TO OPPORTUNITY AND ADVANCES COLLABORATIVE COMMUNITY DEVELOPMENT THROUGH FINANCING AND HOUSING SOLUTIONS. 12 12 20 12 0 0 3200335 2354953 480627 600284 1918274 592426 15755 10000 5614991 3557663 58801 28882 0 0 1714931 2121212 0 0 151629 2714191 2643255 4487923 4793349 1127068 -1235686 31069679 41310045 5705811 17036785 25363868 24273260 X INTEND INDIANA CONNECTS PEOPLE TO OPPORTUNITY AND ADVANCES COLLABORATIVE COMMUNITY DEVELOPMENT THROUGH FINANCING AND HOUSING SOLUTIONS. 0 0 1354594 529802 THROUGH ITS BUILD FUND, INTEND INDIANA MADE 15 LOANS TOTALING $3,134,135.20 TO SMALL BUSINESSES, IMPACTING COMMUNITIES THROUGHOUT INDIANA DURING 2024. BUILD FUND ALSO PROVIDED SMALL BUSINESS TECHNICAL ASSISTANCE TO 229 POTENTIAL CLIENTS. 207672 179339 THROUGH ITS EDGE FUND, INTEND INDIANA CLOSED 15 HOMEPOWER FIXED RATE 0% INTEREST LOANS IN 2024 TO BUYERS UNDER 80% OF THE AREA MEDIAN INCOME. LOANS TOTALED $710,300. 1401643 72726 IN 2024, AFFORDABLE HOMEMATTERS INVESTED $6,175,230.82 IN AFFORDABLE HOUSING DEVELOPMENT, AWARDING 30 CONSTRUCTION CONTRACTS. THE PROGRAM COMPLETED 20 NEW CONSTRUCTION HOMES AND REHABILITATED 10 SINGLE-FAMILY RESIDENCES, SERVING 30 HOMEBUYERS IN DESIGNATED OPPORTUNITY AREAS. OF THOSE SERVED, 28 HOUSEHOLDS EARNED AT OR BELOW 80% OF THE AREA MEDIAN INCOME (AMI) AND 2 HOUSEHOLDS EARNED BETWEEN 80 AND 120% AMI. 688954 28882 52229 AS A CERTIFIED HUD COUNSELING AGENCY, INTEND PROVIDED BOTH ONE ON ONE AND GROUP PRE-PURCHASE/HOMEBUYING EDUCATION SERVICES INCLUDING FINANCIAL LITERACY, FAIR HOUSING, AND RESOURCES TO IMPROVE FINANCIAL CAPABILITIES.RENEW LANDBANK PARTNERED WITH COMMUNITIES TO RETURN VACANT, ABANDONED, AND DETERIORATED PROPERTIES TO PRODUCTIVE USE. 688954 28882 52229 3652863 1 1 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 33 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X ALEX ERVIN 3179248116 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 STEVEN MEYER CHIEF EXECUTIVE OFFICER, BOD CHAIR 40.00 X X 195928 0 18919 STEPHANIE QUICK PRESIDENT 40.00 X 180384 0 31104 BENJAMIN HARRIS DIRECTOR OF REAL ESTATE DE 40.00 X 138315 0 15070 ALEXANDER ERVIN CFO 40.00 X 132882 0 9866 DEVIN DAY DIRECTOR OF BUILD FUND 40.00 X 112782 0 9624 JENN LISAK GOLDING BOD VICE-CHAIR 1.00 X X 0 0 0 ESTHER CARTER-DAY BOD SECRETARY 1.00 X X 0 0 0 NATHAN RINGHAM BOD TREASURER 1.00 X X 0 0 0 TERRI BAILEY BOD 1.00 X 0 0 0 KEITH BROADNAX BOD 1.00 X 0 0 0 MARY CLARK BOD 1.00 X 0 0 0 ASPEN CLEMONS BOD 1.00 X 0 0 0 CECEILY CLIFF BOD 1.00 X 0 0 0 TODD COOK BOD 1.00 X 0 0 0 COREY MCLENDON BOD 1.00 X 0 0 0 JIM RAWLINSON BOD 1.00 X 0 0 0 MARLON WEBB SR BOD 1.00 X 0 0 0 760291 0 84583 5 0 1 0 REVIVE URBAN LLC 2663 E RIVERSIDE DRIVE INDIANAPOLIS IN 46208 CONSTRUCTION WORK 918691 ACT DEVELOPMENT LLC 4608 E 10TH ST INDIANAPOLIS IN 46201 CONSTRUCTION WORK 467850 GMR CONSTRUCTION SERVICES LLC 762 SPRUCE DRIVE GREENWOOD IN 46143 CONSTRUCTION WORK 439273 3 1154943 1200010 1713 2354953 DEVELOPER FEES 531390 438926 438926 LOW INCOME RESIDENTIAL RENTAL 532000 124757 124757 LOAN ORIGINATION FEES 531390 31501 31501 PROPERTY MANAGEMENT FEE 531310 5100 5100 600284 1155663 787049 368614 4246545 4809782 -563237 -563237 -563237 OTHER REVENUE 900099 10000 10000 10000 3557663 834096 0 368614 X 28882 28882 569083 398358 147962 22763 1229928 858867 315371 55690 180156 126952 44612 8592 142045 99479 36315 6251 21153 13762 7391 50860 50860 12224 12224 481067 342304 106062 32701 77184 40877 33244 3063 230334 173182 50750 6402 73455 55281 14910 3264 95346 90148 4393 805 37172 26538 10080 554 10448 3303 7114 31 448783 422081 19720 6982 39649 28114 11535 112642 33525 77453 1664 PROPERTY DEVELOPMENT AN 395064 394974 90 CREDIT LOSS EXPENSE 308547 308547 EQUIPMENT 79675 54558 22599 2518 MISCELLANEOUS 79315 76111 3147 57 90337 77020 13025 292 4793349 3652863 988857 151629 5345120 3902190 5861183 1029090 1369544 418020 20356 19623882 20433584 76723 91386 1039610 487134 491897 552476 1626978 1856177 3459500 2286718 3140776 171251 622873 31069679 41310045 840016 579901 3616879 12060515 1248916 4396369 5705811 17036785 X 25073535 24256916 290333 16344 25363868 24273260 31069679 41310045 -1235686 145078 0 X X 0 1 X 1 1 1 X 5406122 5529271 6070762 3200335 2354953 22561443 5406122 5529271 6070762 3200335 2354953 22561443 693447 21867996 375292 628944 930768 1311867 1155663 4402534 3715 161984 2965 10000 178664 27142641 3522619 0.80570 0.85470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75000 75000 798422 414310 384112 99185 34368 64817 67003 38456 28547 552476 3459500 C 3459500 INVESTMENTS IN REAL ESTATE 3140776 C 3140776 SECURITY DEPOSITS 9784 REFUNDABLE ADVANCES 3957306 OPERATING LEASE LIABILITIES 429279 4396369 X 3702741 145078 145078 3557663 0 3557663 4793349 0 4793349 0 4793349 PART X, LINE 2: INTEND RECEIVED A DETERMINATION FROM THE INTERNAL REVENUE SERVICE STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION. BUILD FUND, EDGE FUND, AFFORDABLE HOMEMATTERS, AFFORDABLE HOMEMATTERS INDIANA, RENEW LANDBANK, PROPERTIES, AND GRAMSE ARE SINGLE-MEMBER LIMITED LIABILITY COMPANIES WITH INTEND AS THEIR SOLE MEMBER. FOR TAX PURPOSES, BUILD FUND, EDGE FUND, AFFORDABLE HOMEMATTERS, AFFORDABLE HOMEMATTERS INDIANA, RENEW LANDBANK, PROPERTIES, AND GRAMSE ARE DISREGARDED ENTITIES COVERED BY THE 501(C)(3) DESIGNATION OF INTEND, WHICH QUALIFIES THEM FOR TREATMENT AS TAX-EXEMPT ORGANIZATIONS. EACH ENTITY WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, NO ACCOUNTING FOR FEDERAL OR STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE ORGANIZATION TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD NOT BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE ORGANIZATION EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE YEARS ENDED AFTER DECEMBER 31, 2020 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 0 1 X X X 0 0 0 0 0 0 0 0 0 STEVEN MEYER CHIEF EXECUTIVE OFFICER, BOD CHAIR 195928 0 0 0 0 0 9952 0 8967 0 214847 0 0 0 STEPHANIE QUICK PRESIDENT 180384 0 0 0 0 0 9313 0 21791 0 211488 0 0 0 BENJAMIN HARRIS DIRECTOR OF REAL ESTATE DE 138315 0 0 0 0 0 7021 0 8049 0 153385 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 IN 2024, THE CORPORATION ADOPTED UPDATED BYLAWS THAT, AMONG OTHER CHANGES, ELIMINATED MEMBER CLASSES AND THE REQUIREMENT FOR A MAJORITY OF DIRECTORS TO RESIDE IN SPECIFIC NEIGHBORHOODS, AND INSTEAD EMPHASIZED LOW-INCOME AND NON-GOVERNMENTAL REPRESENTATION. THE UPDATES ALSO EXPANDED THE STRUCTURE AND SCOPE OF BOARD COMMITTEES, CLARIFIED OFFICER DUTIES, AND MODERNIZED PROCEDURES FOR MEETINGS AND ELECTRONIC COMMUNICATION IN ALIGNMENT WITH THE INDIANA NONPROFIT CORPORATION ACT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PROVIDED ELECTRONICALLY ON THE WEBSITE AND BY MAIL TO ALL BOARD MEMBERS. IT IS THEN DISCUSSED AND APPROVED AT THE MONTHLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS AND RELATED PARTIES ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A CONFLICT OF INTEREST DOCUMENT THAT STATES IF THERE IS A CONFLICT THAT THEY WILL NOT PARTICIPATE IN THE ACTIONS INVOLVING DECISIONS IN WHICH SUCH CONFLICTS OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE PERFORMS THE OVERALL REVIEW FOR THE EXECUTIVE DIRECTOR AND THE SALARY INCREASE/DECREASE IS RECOMMENDED BY THE BOARD PRESIDENT TO THE OVERALL BOARD OF DIRECTORS BASED ON COMPARING EDUCATIONAL LEVEL, SKILL SETS AND PAY SCALE TO OTHER EXECUTIVE DIRECTORS IN INDIANAPOLIS. ALL RECOMMENDATIONS ARE DISCUSSED BY THE FULL BOARD AND INCREASES ARE APPROVED BY THE FULL BOARD. THE EXECUTIVE COMMITTEE REQUESTS WAGE COMPARISON DATA ON RELATED POSITIONS AND PERFORMANCE OUTCOMES BY EMPLOYEE. PROPOSED WAGE INCREASES ARE DETERMINED FROM THE INFORMATION PROVIDED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE ON FILE WITH THE INDIANA SECRETARY OF STATE AND ARE AVAILABLE TO ANY INDIVIDUAL WHO WISHES TO ACCESS THEM AT THAT LOCATION. THE FINANCIAL STATEMENTS ARE POSTED ANNUALLY ON GUIDESTAR. IN ADDITION, DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE INTEND INDIANA BUSINESS OFFICE UPON REQUEST. FORM 990, PART IX, LINE 11G PEO SERVICES: PROGRAM SERVICE EXPENSES 38,291. MANAGEMENT AND GENERAL EXPENSES 13,230. FUNDRAISING EXPENSES 2,354. TOTAL EXPENSES 53,875. CONSULTING FEES: PROGRAM SERVICE EXPENSES 304,013. MANAGEMENT AND GENERAL EXPENSES 92,832. FUNDRAISING EXPENSES 30,347. TOTAL EXPENSES 427,192. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. BUILD FUND LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 BUSINESS LOANS IN 1458739 8435687 INTEND INDIANA INC GRAMSE HOLDINGS LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE/DEBT HOLDER IN INTEND INDIANA INC EDGE FUND LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 HOUSING LOANS IN 1301397 17879618 INTEND INDIANA INC RENEW INDIANAPOLIS PROPERTIES LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE IN INTEND INDIANA INC AFFORDABLE HOMEMATTERS LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE DEVELOPMENT IN 89140 8470503 INTEND INDIANA INC RENEW LANDBANK LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE IN 45000 88859 INTEND INDIANA INC AFFORDABLE HOMEMATTERS INDIANA LLC 1704 BELLEFONTAINE STREET INDIANAPOLIS IN 46202 REAL ESTATE DEVELOPMENT IN 203293 1580833 INTEND INDIANA INC