Prosper Devington Building Corporation

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

EIN: 854293288 ✦ Indianapolis, IN ✦ Designated as a 501(c)(2)

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Overview

What is Prosper Devington Building Corporation?

Prosper Devington Building Corporation is a nonprofit organization situated in Indianapolis, Indiana, specifically at 615 North Alabama Street Suite 300. Their primary mission is to foster economic growth in Marion County by leasing property to exempt organizations. This corporation plays a significant role in the community by providing real estate to charitable entities, thereby contributing to their operations and goals.


Official website here: www.cicf.org

Is Prosper Devington Building Corporation legitimate?

Prosper Devington Building Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Prosper Devington Building 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: $0

For more financial information, click here


Official website here: www.cicf.org

What is the mission statement of Prosper Devington Building Corporation?

Prosper Devington Building Corporation operates with the primary objective of supporting exempt organizations by holding title to property and leasing real estate. This initiative is aimed at promoting economic growth in a specified area, such as Marion County, in a broader context. The corporation constructed a building specifically for the purpose of leasing it to exempt organizations, thereby contributing to economic development.


Official website here: www.cicf.org

Who is the CEO of Prosper Devington Building Corporation?

Jennifer Bartenbach is the Vice President of Prosper Devington Building Corporation.


Official website here: www.cicf.org

What is the revenue of Prosper Devington Building Corporation?

Prosper Devington Building Corporation's revenue in 2022 was $3,683,877.


Official website here: www.cicf.org

Who are the executives of Prosper Devington Building Corporation and what are their salaries?

There 5 volunteers at Prosper Devington Building Corporation.


Here are 5 key members and their salaries:


Jennifer Bartenbach (Vice President)
  • Compensation: $0
  • Related: $316,000
  • Other: $46,294
Tom Kilian Jr (President)
  • Compensation: $0
  • Related: $322,955
  • Other: $27,853
Jason Rager (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Enneking (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamisha Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cicf.org

Where can I find the form 990 for Prosper Devington Building Corporation?

Prosper Devington Building Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cicf.org

Learn more at the official website: www.cicf.org

Mission Statement of Prosper Devington Building Corporation

Prosper Devington Building Corporation, an organization in its own right, is dedicated to fulfilling a unique mission. Primarily, it aims to hold title to property and lease real estate to exempt organizations. This mission is driven by a goal to stimulate economic growth within Marion County. By leasing its properties to exempt organizations, Prosper Devington Building Corporation contributes to the flourishing of these organizations, thereby promoting overall economic development in the region.

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Impact




October, 2024

Prosper Devington Building Corporation significantly impacts economic growth in Marion County by facilitating the development of real estate that benefits exempt organizations. By acquiring and leasing property strategically, the corporation fosters an environment where nonprofit entities can thrive, ultimately enhancing community development and engagement. The construction of their building specifically aims to provide necessary infrastructure for these organizations, enabling them to focus on their missions and expand their reach. This initiative not only supports local nonprofits but also contributes to the overall economic vitality of the Indianapolis area, driving community improvement and fostering collaborative efforts among various sectors.




This information is meant to be a general summary of Prosper Devington Building 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.

Revenue
$3,683,877 (2022)
Expenses
$1,039,542 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $629,086
  • Gross Receipts: $3,683,877

Assets and Liabilities:

  • Total Assets: $18,670,603
  • Total Liabilities: $16,312,670
  • Net Assets: $2,357,933

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$629,086

Organization Details

Founding Year

2020

Principal Officer

Jennifer Bartenbach

Main Address

615 NORTH ALABAMA STREET Suite 300, INDIANAPOLIS, IN, 46204

NTEE Category

Code: S47 - Community improvement

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