IMPACT EVANSVILLE INC
EVANSVILLE, IN | Vanderburgh County
Economic Development
Overview
IMPACT EVANSVILLE INC
86-3629886
1201 S BEDFORD AVE
EVANSVILLE, IN 47713
Vanderburgh County
EVANSVILLE, IN 47713
Vanderburgh County
(812) 306-7618
impactevv@gmail.com
Mission Statement
DISCOVERING AND ACTIVATING RESIDENT STARTUP FOUNDERS AND ENTREPRENEURS IN DISINVESTED NEIGHBORHOODS FOR ECONOMIC FLOURISHING.
CRA Category
- Economic Development
Nonprofit location
- LMI Census Tract
- Majority Minority Census Tract
Awards & Certifications
- This nonprofit has not received any CRA awards or certifications.
Founded
2021
Total Employees
0
Total Volunteers
1
Nonprofit Classification (NTEE Code)
-
Not reported
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
-
Not reported
Targeted Clients
- Economically Disadvantaged
- Entrepreneurs
- General Public
- Minority-Owned Businesses
- Nonprofits
- Small Businesses
- Underbanked or Unbanked
CRA Income Characteristics
- Low-Income
- People Living Below Poverty Level
- SNAP Recipients
- Welfare Recipients
CRA Alignment
CRA Category
Economic Development
Workforce development, job training, and small business or startup support.
30%
Percent LMI Served
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.
Programs & Services
Serving as a fiduciary organization
As Impact Evansville works with startup founder and entrepreneurs from disinvested areas, the Impact Evansville Board of Director learned that "Serving as a fiduciary organization" is most needed since these startups are underbanked/unbanked and disinvested. Funding is needed to carry out these ventures and Impact Evansville can help oversee the process.
Targeted Clients
- Economically Disadvantaged
- Entrepreneurs
- Minority-Owned Businesses
- Nonprofits
- Small Businesses
- Underbanked or Unbanked
- Women-Owned Businesses
CRA Income Characteristics
- Low-Income
- People Living Below Poverty Level
- SNAP Recipients
- Welfare Recipients
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
$165K
Revenue
$165K
Assets
$166.8K
IRS Business Master File Details
As of March 2024
Exempt Ruling Date
2021-10
Deductibility Status
Deductible
Last Tax Filing
2022
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 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
As of March 2024
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
IRS Form 990 Returns
Through August 2023
No IRS 990 returns are available for this nonprofit.
Nonprofit Location
Physical Address
1201 S BEDFORD AVE
EVANSVILLE, IN 47713
Vanderburgh County
EVANSVILLE, IN 47713
Vanderburgh County
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
21780
MSA/MD
18
State
163
County
0013.00
Tract
Low
Income Level
Core-Based Statistical Area
21780 - Evansville, IN-KY
Combined Statistical Area
Not located in a CSA.
Metropolitan Division
Not located in an MD.
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
59.71%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Geographies Served
- IN - Vanderburgh County
Market Data
Census Tract | County | |
---|---|---|
0013.00 | Vanderburgh County | |
Population | ||
Total Population | 1,725 | 179,900 |
Total Households | 894 | 76,857 |
Income | ||
Median Family Income (Census*) | $35,040 | $58,839 |
Median Family Income (2023 FFIEC est.) | $87,300 | $87,300 |
Tract Income Percentage | 48.02% | N/A |
Below Poverty Level | 42.6% | 14.3% |
Unemployment Level | 18.1% | 4.7% |
Housing | ||
Total Housing Units | 1,105 | 84,426 |
Total Owner-Occupied Units | 46.3% | 64.8% |
Total Renter-Occupied Units | 34.6% | 35.2% |
Total Vacant Units | 19.1% | 8.6% |
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
Management
Not reported
Total Voting Members
in Governing Body
in Governing Body
Not reported
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Not reported by nonprofit.
Principal Officer
Not reported by nonprofit.
findCRA Profile Owner
DeAndre Wilson
President of Board
impactevv@gmail.com
President of Board
impactevv@gmail.com
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 Grand 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 not available as the nonprofit did not e-file their tax return. As such, the hyphens (“-“) in this section indicate that the information was not available.
PDFs of this nonprofit's tax filings are included in the IRS Summary section above, when available from the IRS.
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.
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