Overview
What is Insight Development Corporation?
Insight Development Corporation is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to enhance the availability of affordable housing for individuals and families of low income, who might otherwise struggle to find a suitable living space. By constructing, rehabilitating, and financing housing projects, this organization helps around 2,000 families annually to secure quality and reasonably priced accommodations in various neighborhoods across Indianapolis. As a dedicated community partner, Insight Development Corporation plays a significant role in fostering low-income housing in and around Indianapolis.
Is Insight Development Corporation legitimate?
Insight Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Insight Development Corporation 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: $143,335
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What is the mission statement of Insight Development Corporation?
Insight Development Corporation is committed to promoting affordable housing for low-income individuals and families. They achieve this by constructing, rehabilitating, and financing the financing of decent, safe, and sanitary housing accommodations. This organization expands the supply of low-cost housing options, ensuring that those who might otherwise struggle to find or afford a suitable place to live, have access to quality housing. In collaboration with local housing agencies, Insight Development Corporation assists around 2,000 families annually in finding affordable housing options in various neighborhoods across the city.
Who is the CEO of Insight Development Corporation?
Marcia Lewis is the Chairwoman of Insight Development Corporation.
What is the revenue of Insight Development Corporation?
Insight Development Corporation's revenue in 2022 was -$737,702.
Who are the executives of Insight Development Corporation and what are their salaries?
The average compensation at Insight Development Corporation during 2022 was $143,335. There is 1 employee at Insight Development Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Insight Development Corporation?
Insight Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Insight Development Corporation
Insight Development Corporation, a nonprofit organization, is dedicated to promoting low-income housing in and around Indianapolis, Indiana, and its surrounding community. Their mission is to expand the availability of affordable housing options by constructing, renovating, and financing the funding for decent, safe, and sanitary housing accommodations. This enables individuals and families of low income, who otherwise might struggle to find or afford a suitable place to live, to secure a stable living environment. In collaboration with the Indianapolis Housing Agency, Insight Development Corporation assists approximately 2,000 families annually in finding quality and affordable housing in various neighborhoods throughout Indianapolis, Indiana.
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Impact
October, 2024
Insight Development Corporation significantly impacts the Indianapolis community by expanding access to affordable housing for low-income families. By constructing, rehabilitating, and financing decent, safe, and sanitary housing, the organization addresses a critical need for individuals and families who struggle to find suitable living conditions.
Each year, in partnership with the Indianapolis Housing Agency, Insight Development Corporation helps approximately 2,000 families secure quality housing across various neighborhoods in the city. This effort not only provides shelter but also fosters stability and enhances the overall well-being of residents, contributing to stronger communities and improved quality of life. Through its work, Insight Development Corporation plays a vital role in combating housing insecurity and promoting equitable access to housing in Indianapolis and the surrounding areas.
This information is meant to be a general summary of Insight Development Corporation. 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: $185,343
- Gross Receipts: $320,388
Assets and Liabilities:
- Total Assets: $89,859,790
- Total Liabilities: $60,280,253
- Net Assets: $29,579,537
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Organization Details
Founding Year
1997
Phone
(317) 261-7200Principal Officer
Marcia Lewis
Main Address
1919 NORTH MERIDIAN STREET, INDIANAPOLIS, IN, 46202
NTEE Category
Code: L251 - Housing
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