Overview
What is Greater Indianapolis Progress Committee?
The Greater Indianapolis Progress Committee is a nonprofit organization situated in Indianapolis, Indiana, specifically at 200 E Washington Street 1721. Its primary mission is to foster community development and growth, encompassing initiatives in human relations, community desegregation, human services, and various city-related programs. The committee serves as a platform for leaders in both the public and private sectors to collaborate and address issues affecting the city's progress, acting as a non-partisan forum for partnership and problem-solving. With a modest workforce of four individuals, the Greater Indianapolis Progress Committee plays a significant role in shaping the city's future.
Official website here: www.indygipc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Greater Indianapolis Progress Committee has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization excels in all evaluated areas, particularly in its accountability and finance practices, where it received a perfect score. This high rating reflects meticulous oversight and a well-governed board, with all ten members being independent.
Strengths noted in the evaluation include a robust financial management framework, as evidenced by a low liabilities to assets ratio of 8.35% and a program expense ratio of over 70%. Additionally, the committee demonstrates excellent fundraising efficiency, with costs associated with fundraising remarkably low at just $0.03. These factors suggest that the organization is effectively allocating resources towards its mission.
While the rating is exceptionally high and highlights numerous organizational strengths, there are no specific limitations mentioned in the data. Overall, the Greater Indianapolis Progress Committee stands out as a trustworthy nonprofit, showcasing a strong foundation in governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Indianapolis Progress Committee legitimate?
Greater Indianapolis Progress Committee is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Indianapolis Progress Committee submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $156,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,156
For more financial information, click here
Official website here: www.indygipc.org
What is the mission statement of Greater Indianapolis Progress Committee?
The Greater Indianapolis Progress Committee serves as a non-partisan platform, bringing together leaders from both public and private sectors in Indianapolis. Their primary objective is to analyze, discuss, and address issues pertaining to the city's progress and potential opportunities. The committee's mission extends to promoting community interests, involving initiatives in areas such as human relations, community desegregation, human services, and various city-related programs.
Official website here: www.indygipc.org
What is the revenue of Greater Indianapolis Progress Committee?
Greater Indianapolis Progress Committee's revenue in 2024 was $616,871.
Official website here: www.indygipc.org
Who are the executives of Greater Indianapolis Progress Committee and what are their salaries?
The average compensation at Greater Indianapolis Progress Committee during 2024 was $88,004. There are 2 employees and 120 volunteers at Greater Indianapolis Progress Committee.
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Official website here: www.indygipc.org
Where can I find the form 990 for Greater Indianapolis Progress Committee?
Greater Indianapolis Progress Committee's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.indygipc.org
Learn more at the official website: www.indygipc.org
Mission Statement of Greater Indianapolis Progress Committee
The Greater Indianapolis Progress Committee serves as a non-partisan platform, bringing together leaders from both the public and private sectors of Indianapolis. Its primary mission is to foster a collaborative environment where these leaders can examine, discuss, and address the challenges and opportunities that impact the city's progress. This committee is dedicated to promoting community interests, with a focus on programs related to human relations, community desegregation, human services, and various city-related initiatives. By providing this forum, the Greater Indianapolis Progress Committee aims to contribute to the collective effort of improving the city's development and growth.
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Impact
October, 2024
The Greater Indianapolis Progress Committee significantly impacts the growth and development of Indianapolis by fostering collaboration between public and private sector leaders. By serving as a non-partisan forum, it facilitates the discussion and resolution of critical community issues, focusing on areas such as human relations, community desegregation, and human services. This collaborative approach promotes a unified effort to address the city's challenges and opportunities, ultimately enhancing the quality of life for residents. Through its initiatives, the committee encourages community engagement, ensuring diverse interests are represented and considered in the decision-making process. This proactive engagement not only drives urban development but also strengthens the social fabric of Indianapolis, positioning it for a more inclusive and prosperous future.
This information is meant to be a general summary of Greater Indianapolis Progress Committee. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $224,685
- Program Service Revenue: $82,286
- Gross Receipts: $616,871
Assets and Liabilities:
- Total Assets: $5,234,153
- Total Liabilities: $437,379
- Net Assets: $4,796,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE REVENUE
Revenue
$82,286
Organization Details
Founding Year
1964
Principal Officer
Heather Wilson
Website
www.indygipc.orgNTEE Category
Code: S200 - Community improvement
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