Overview
What is Indy Gateway Inc?
Indy Gateway Inc is a nonprofit organization based in Indianapolis, Indiana, with a primary focus on economic development and community development. Established with the goal of promoting growth and revitalizing neighborhoods, the organization aims to make the west side of Indianapolis an attractive area for families to live, work, and play. To achieve this, Indy Gateway Inc has expanded its partnerships in 2021 to include private contractor builds. As of now, they have sold two houses and are currently constructing additional properties at 315 Vine and planning to build a second house at 307 Vine. These houses are made available to qualified homebuyers, transforming potential liabilities into tax-generating properties that benefit local entities and contribute to neighborhood improvement. Indy Gateway Inc's initiatives are aimed at improving the West Side of Indianapolis.
Official website here: www.indygateway.org
Is Indy Gateway Inc legitimate?
Indy Gateway Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indy Gateway 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.
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Official website here: www.indygateway.org
What is the mission statement of Indy Gateway Inc?
Indy Gateway Inc was established with the primary objective of promoting economic development and community development. Its purposes include fostering economic growth, increasing opportunities for neighborhood revitalization, and making a place where families desire to live, work, and play. The organization's activities aim to improve the economic status of a specific area, potentially benefitting local entities and enhancing the neighborhood. Indy Gateway Inc also focuses on building affordable housing in low and moderate-income areas, transforming area liabilities into tax-generating properties. As of now, they have sold two houses and are currently constructing more, with plans to build another two houses in the future.
Official website here: www.indygateway.org
Who is the CEO of Indy Gateway Inc?
Troy Brosseau is the Executive Director of Indy Gateway Inc.
Official website here: www.indygateway.org
What is the revenue of Indy Gateway Inc?
Indy Gateway Inc's revenue in 2022 was $200,201.
Official website here: www.indygateway.org
Who are the executives of Indy Gateway Inc and what are their salaries?
There 25 volunteers at Indy Gateway Inc.
Here are 18 key members and their salaries:
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Official website here: www.indygateway.org
Where can I find the form 990 for Indy Gateway Inc?
Indy Gateway Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indygateway.org
Learn more at the official website: www.indygateway.org
Mission Statement of Indy Gateway Inc
Indy Gateway Inc, a nonprofit organization, was established with the primary objective of enhancing economic development and community development. Its mission is multifaceted, encompassing the promotion of economic growth, increasing opportunities for neighborhood revitalization, and making the West Side of Indianapolis an appealing place for families to live, work, and play. By achieving these objectives, Indy Gateway Inc aims to improve the overall quality of life in the community.
To actualize its mission, Indy Gateway Inc has expanded its partnerships, including collaborations with private contractors. This partnership has resulted in the construction of affordable housing on Naomi Street, with plans to build more houses on Vine Street. By selling these houses to qualified homebuyers, Indy Gateway Inc transforms liabilities in the area into tax-generating properties, benefiting local entities and enhancing the neighborhood. The organization's mission extends beyond housing, as it also aims to revitalize the community and improve the lives of its residents.
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Impact
October, 2024
Indy Gateway Inc significantly impacts the community of West Indianapolis by focusing on economic development and neighborhood revitalization. Its primary objective is to create an environment where families are encouraged to live, work, and play. Through initiatives aimed at promoting economic growth, Indy Gateway is actively transforming the West Side into a more desirable community.
One of their key activities includes the development of affordable housing. By collaborating with private contractors, Indy Gateway has successfully constructed and sold homes in neighborhoods that were previously liabilities. Such efforts not only provide housing opportunities for qualified buyers but also revitalize areas designated as low- and moderate-income, converting them into tax-generating assets for local entities.
The ongoing construction projects, like the houses at 315 Vine and a planned second house at 307 Vine, exemplify their commitment to enhancing the neighborhood's appeal. With ambitious plans to resume house builds at the Area 31 Career Center, Indy Gateway is laying the groundwork for sustainable community development. This focus on residential improvement is pivotal in fostering a thriving atmosphere where families can flourish, contributing to the overall economic health of the region.
This information is meant to be a general summary of Indy Gateway 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: $15,563
- Gross Receipts: $541,851
Assets and Liabilities:
- Total Assets: $735,020
- Total Liabilities: $69,372
- Net Assets: $665,648
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Organization Details
Founding Year
2015
Phone
(317) 223-4614Principal Officer
Troy Brosseau
Main Address
700 N HIGH SCHOOL RD 2ND FLOOR, INDIANAPOLIS, IN, 46214
Website
www.indygateway.orgNTEE Category
Code: S20 - Community improvement
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