RIPEA FOUNDATION INC

INDIANAPOLIS, IN | Marion County
Community Services

Overview

RIPEA FOUNDATION INC
35-1994891
2415 DIRECTORS ROW STE M
INDIANAPOLIS, IN 46241
Marion County
(317) 789-0244

ripea@ripea.org
Mission Statement info

THE MISSION OF THE RIPEA/WILLIAM R. MURPHY FOUNDATION IS TO SERVE INDIANA'S ACTIVE AND RETIRED PUBLIC EMPLOYEES THROUGH GIFTS USED AS NEEDED TO PROTECT THEIR QUALITY OF LIFE.

CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
1995
Total Employees info
4
Total Volunteers info
4
Nonprofit Classification (NTEE Code) info
P81

P - Human Services

Senior Centers

Organizations that provide or coordinate a wide variety of programs and services that meet the needs and interests of the senior population. Also included are organizations that administer funding for senior services under Title III of the Older Americans Act.

IRS Activity Codes info
994
Uncoded
575
Services for the aged
-
Not reported
Standard Business Classification (NAICS Code) info
624120
Services for the Elderly and Persons with Disabilities
Targeted Clients info
  • Disabled
  • Economically Disadvantaged
  • Senior Citizens
CRA Income Characteristics info
  • People Living Below Poverty Level

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
100%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Financial assistance
Grants provided to low-income retirees facing financial hardship. Assistance primarily supports needs related to medical bills and food access.
Targeted Clients info
  • Disabled
  • Economically Disadvantaged
  • Senior Citizens
CRA Income Characteristics info
  • People Living Below Poverty Level
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$83.3K
Revenue
$83.3K
Assets
$36.9K

IRS Business Master File Details info

As of December 2024
Exempt Ruling Date info
1997-04
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of December 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through December 2024
Tax period ending in
2022-12
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Physical Address info
2415 DIRECTORS ROW STE M
INDIANAPOLIS, IN 46241
Marion County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
26900
MSA/MD info
18
State info
097
County info
3422.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
26900 - Indianapolis-Carmel-Greenwood, IN
Combined Statistical Area info
294 - Indianapolis-Carmel-Muncie, IN
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 51.32%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • IN - All Counties

Market Data

Census Tract County
3422.00 Marion County
Population
Total Population 5,454 971,737
Total Households 1,702 392,837
Income
Median Income* $46,984 $59,504
Median Family Income (2024 FFIEC est.) $98,600 $98,600
Tract Income Percentage 58.48% N/A
Below Poverty Level 23.7% 15.4%
Unemployment Level 5.5% 5.5%
Housing
Total Housing Units 1,892 436,859
Total Owner-Occupied Units 37.6% 55.5%
Total Renter-Occupied Units 52.3% 44.5%
Total Vacant Units 10.0% 6.9%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Marriette Montgomery
(317) 789-0244
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Jessica Love
Executive Director
jlove@ripea.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990EZ e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.