Overview
What is Citizens Investment Collaboration On Neighborhoods Inc?
Citizens Investment Collaboration On Neighborhoods Inc, located in Indianapolis, Indiana, serves as a supporting organization, as per IRS code section 509(A)(3). Their primary mission is to promote social welfare in and around Indianapolis, focusing on community redevelopment efforts. To accomplish this, they provide low-interest loans to entities rehabilitating homes in neighborhoods experiencing deterioration. This initiative aims to combat community decay and contribute to overall neighborhood improvement. The organization operates under the guidance of the Department of Public Utilities of the City of Indianapolis, acting as a successor trustee of a public charitable trust known as Citizens Energy Group.
Is Citizens Investment Collaboration On Neighborhoods Inc legitimate?
Citizens Investment Collaboration On Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Citizens Investment Collaboration On Neighborhoods Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Citizens Investment Collaboration On Neighborhoods Inc?
The organization, Citizens Investment Collaboration On Neighborhoods Inc, serves as a supporting entity, as per IRS Code Section 509(A)(3). Its mission is centered around promoting social welfare and combating community deterioration. It accomplishes this through community redevelopment efforts. The organization provides low-interest loans to entities that are rehabilitating homes in areas facing deterioration. This support contributes significantly to the overall redevelopment efforts aimed at improving the community.
Who is the CEO of Citizens Investment Collaboration On Neighborhoods Inc?
Jonathan Ghio is the Director of Citizens Investment Collaboration On Neighborhoods Inc.
What is the revenue of Citizens Investment Collaboration On Neighborhoods Inc?
Citizens Investment Collaboration On Neighborhoods Inc's revenue in 2022 was $17,351.
Who are the executives of Citizens Investment Collaboration On Neighborhoods Inc and what are their salaries?
There 17 volunteers at Citizens Investment Collaboration On Neighborhoods Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $155,382
- Other: $941
- Compensation: $0
- Related: $375,151
- Other: $4,282
- Compensation: $0
- Related: $181,873
- Other: $3,310
- Compensation: $0
- Related: $190,779
- Other: $2,434
- Compensation: $0
- Related: $207,233
- Other: $2,108
- Compensation: $0
- Related: $128,194
- Other: $761
- Compensation: $0
- Related: $92,483
- Other: $544
- Compensation: $0
- Related: $102,335
- Other: $611
Where can I find the form 990 for Citizens Investment Collaboration On Neighborhoods Inc?
Citizens Investment Collaboration On Neighborhoods Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Citizens Investment Collaboration On Neighborhoods Inc
Citizens Investment Collaboration On Neighborhoods Inc, a supporting organization as per IRS code section 509(A)(3), has a mission to promote social welfare in various communities. Their primary goal is to combat community deterioration through community redevelopment efforts. In carrying out this mission, they provide low-interest loans to entities that are rehabilitating homes in neighborhoods that are facing decay. This support for community redevelopment projects is instrumental in combating community deterioration and improving the overall living conditions in these areas. The organization serves as a successor trustee of a public charitable trust, known as Citizens Energy Group, and carries out the charitable and public purposes of the Department of Public Utilities of the City of Indianapolis.
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Impact
October, 2024
Citizens Investment Collaboration On Neighborhoods Inc significantly impacts neighborhoods in and around Indianapolis by promoting social welfare through targeted community redevelopment efforts. By providing low-interest loans to organizations dedicated to rehabilitating homes in areas facing deterioration, it facilitates essential improvements that enhance the living conditions for residents. This financial support not only encourages the revitalization of distressed neighborhoods but also combats the larger issue of community deterioration. Through these initiatives, communities are not only restored physically but also strengthened socially, fostering a more vibrant and cohesive community spirit. Overall, this organization plays a crucial role in promoting sustainable community development and improving the quality of life for Indianapolis residents.
This information is meant to be a general summary of Citizens Investment Collaboration On Neighborhoods Inc. 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 2022.
- Investment Income: $17,351
- Gross Receipts: $17,351
Assets and Liabilities:
- Total Assets: $1,202,906
- Total Liabilities: $0
- Net Assets: $1,202,906
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Organization Details
Founding Year
1995
Phone
(317) 927-4450Principal Officer
Jonathan Ghio
Main Address
2020 NORTH MERIDIAN STREET, INDIANAPOLIS, IN, 46202
NTEE Category
Code: S31Z - Community improvement
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