HOUSING AND ECONOMIC CONCEPTS INC
INDIANAPOLIS, IN | Hamilton County
Affordable Housing
Overview
HOUSING AND ECONOMIC CONCEPTS INC
45-5203995
500 E 96TH ST STE 300
INDIANAPOLIS, IN 46240
Hamilton County
INDIANAPOLIS, IN 46240
Hamilton County
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Affordable Housing
Nonprofit location
- This nonprofit is not located in any CRA geographies.
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
L21
L - Housing, Shelter
Low-Income & Subsidized Rental Housing
Organizations that develop, rehabilitate, manage and/or provide rental housing that is available to people who qualify on the basis of income, age or disability for publicly subsidized housing e.g., HUD housing or housing assistance under Section 8 of the Housing and Urban Development Act.
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
531110
Pension Funds
CRA Alignment
CRA Category
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
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.
Awards & Certifications
Community Development Financial Institution
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$4.1M
Revenue
$1.9M
Assets
$1.9M
IRS Business Master File Details
As of March 2025
Exempt Ruling Date
2013-06
Deductibility Status
Deductible
Last Tax Filing
2023
Organization Type
Corporation
Organization Tax Filing Status
990 (all other) or 990EZ return
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Publication 78 Details
As of March 2025
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
IRS Form 990 Returns
Through December 2024
Tax period ending in
2019-12
Tax period ending in
2015-12
Nonprofit Location
Main Address
500 E 96TH ST STE 300
INDIANAPOLIS, IN 46240
Hamilton County
INDIANAPOLIS, IN 46240
Hamilton County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
26900
MSA/MD
18
State
057
County
1111.04
Tract
Middle
Income Level
Core-Based Statistical Area
26900 - Indianapolis-Carmel-Greenwood, IN
Combined Statistical Area
294 - Indianapolis-Carmel-Muncie, IN
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
16.21%
FFIEC Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
Market Data
| Census Tract | County | |
|---|---|---|
| 1111.04 | Hamilton County | |
| Population | ||
| Total Population | 5,520 | 357,176 |
| Total Households | 2,578 | 133,171 |
| Income | ||
| Median Income* | $88,796 | $117,957 |
| Median Family Income (2024 FFIEC est.) | $98,600 | $97,300 |
| Tract Income Percentage | 110.53% | N/A |
| Below Poverty Level | 6.4% | 4.3% |
| Unemployment Level | 6.1% | 2.8% |
| Housing | ||
| Total Housing Units | 2,764 | 140,389 |
| Total Owner-Occupied Units | 67.1% | 76.3% |
| Total Renter-Occupied Units | 26.1% | 23.7% |
| Total Vacant Units | 6.7% | 8.4% |
* 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 2023 American Community Survey.
Management
8
Total Voting Members
in Governing Body
in Governing Body
7
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Patricia Gamble-Moore
President
(317) 846-3111
President
(317) 846-3111
Principal Officer
Janette O'Brien
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
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
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 Grant Audit Performed
Organization Activities
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 990 e-filed for the tax period ending on 2022-12.
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 automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. 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.
Invite this nonprofit to claim its profile
Click SEND to have findCRA deliver your invitation or COPY the text below for your own email.
close
Email this nonprofit
Update or use the text below to send an email directly to this nonprofit.
close
Request an introduction
Let us introduce you to this nonprofit organization.
close
Submit your feedback
Contact us to ask a question or provide feedback on this nonprofit.
close
Use the spaces below to describe your feedback or question about this specific nonprofit profile including:
- Asking questions about the nonprofit itself
- Gaining clarity on the information in the nonprofit profile
- Reporting issues with data formatting or missing data
add_location
Add Geographies
Select counties or states to be added to this profile.Your selections will be submitted for review and approval. After we accept your request, your selections will be included here and will update related search results.
search
Geographies to add:
location_off
Remove Geographies
Select counties or states to be removed from this profile.Your selections will be submitted for review and approval. After we accept your request, your selections will be removed and will update related search results.
search