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Northeast Indiana Foundation Inc

Northeast Indiana Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593812438 ✦ Fort wayne, IN ✦ Designated as a 501(c)(3)

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Overview

What is Northeast Indiana Foundation Inc?

Northeast Indiana Foundation Inc is a nonprofit organization located in Fort Wayne, Indiana, with a mission to support the Northeast Indiana Regional Partnership's activities. Their initiatives include facilitating the establishment of a new company, providing funding for various projects, conducting sales missions, and hosting familiarization tours. They also established a research and analytics unit equipped with new data tools, supported regional development efforts, and completed reports and feasibility studies for potential projects. The foundation aims to contribute to shared regional goals through sustained leadership, collaboration, and transformative initiatives.


Official website here: www.neindiana.com

Is Northeast Indiana Foundation Inc legitimate?

Northeast Indiana Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Indiana Foundation 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

For more financial information, click here


Official website here: www.neindiana.com

What is the mission statement of Northeast Indiana Foundation Inc?

The Northeast Indiana Foundation Inc's mission is centered around supporting regional partnerships by fostering sustained leadership, promoting collaboration, and driving transformative initiatives. The organization aligns resources towards shared regional goals, aiming to contribute to significant initiatives that benefit the community. In practice, this has involved supporting the development of new companies, issuing project grants, conducting sales missions, and establishing a research and analytics unit, among other activities.


Official website here: www.neindiana.com

Who is the CEO of Northeast Indiana Foundation Inc?

Stephane Frijia is the President & of Northeast Indiana Foundation Inc.


Official website here: www.neindiana.com

What is the revenue of Northeast Indiana Foundation Inc?

Northeast Indiana Foundation Inc's revenue in 2022 was $297,344.


Official website here: www.neindiana.com

Who are the executives of Northeast Indiana Foundation Inc and what are their salaries?

There 4 volunteers at Northeast Indiana Foundation Inc.


Here are 5 key members and their salaries:


Stephane Frijia (President &)
  • Compensation: $0
  • Related: $253,891
  • Other: $15,470
Mark Millett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Findlay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherilyn Emberton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Niezer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.neindiana.com

Where can I find the form 990 for Northeast Indiana Foundation Inc?

Northeast Indiana Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.neindiana.com

Learn more at the official website: www.neindiana.com

Mission Statement of Northeast Indiana Foundation Inc

The Northeast Indiana Foundation Inc, in its mission, aims to support the Northeast Indiana Regional Partnership through sustained leadership, collaboration, transformative initiatives, and the alignment of resources toward shared regional goals. This organization plays a crucial role in fostering growth and development within the region by assisting in the establishment of new companies, issuing project support, conducting sales missions, and proactively prospecting potential partners. The Foundation also supports research and analytics efforts, aiding in the administration of funding allocations, and completing reports and feasibility studies for various projects. By working collaboratively and leveraging resources effectively, the Northeast Indiana Foundation Inc contributes significantly to the region's overall progress and development.

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Impact




October, 2024

Northeast Indiana Foundation Inc makes a significant impact by bolstering regional economic development and enhancing collaboration among stakeholders. By supporting the Northeast Indiana Regional Partnership, the foundation has successfully attracted investment and created jobs, exemplified by the arrival of a new company that brought in $23.8 million and created 200 jobs.

The organization plays a pivotal role in facilitating various initiatives, issuing 49 new projects, and conducting extensive outreach through 47 sales missions across approximately 30 cities. This proactive approach includes over 130 individual sales meetings aimed at identifying opportunities and promoting the region's assets to more than 2,800 companies.

The foundation also hosts familiarization tours to introduce potential business partners to the region's offerings, and it has established a new research and analytics unit equipped with advanced data tools to meet various research needs.

In addition, the foundation supports the Regional Development Authority in managing the $50 million READI funding allocation from the state, ensuring that resources are efficiently utilized for regional development projects. Notable accomplishments include completing a comprehensive medical device and technology report and conducting prefeasibility studies for important centers focusing on electrification and automation integration.

Through sustained leadership and collaborative initiatives, Northeast Indiana Foundation Inc fosters transformative changes that align resources with shared regional goals, ultimately driving community improvement and economic growth within the region.




This information is meant to be a general summary of Northeast Indiana Foundation 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.

Revenue
$297,344 (2022)
Expenses
$325,293 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $876
  • Gross Receipts: $297,344

Assets and Liabilities:

  • Total Assets: $512,473
  • Total Liabilities: $237,000
  • Net Assets: $275,473

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Organization Details

Founding Year

2006

Principal Officer

Stephane Frijia

Main Address

200 EAST MAIN STREET SUITE 910, FORT WAYNE, IN, 46802

NTEE Category

Code: S30 - Community improvement

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