IMPACT EVANSVILLE INC

EVANSVILLE, IN | Vanderburgh County
Economic Development

Overview

IMPACT EVANSVILLE INC
86-3629886
1201 S BEDFORD AVE
EVANSVILLE, IN 47713
Vanderburgh County
(812) 306-7618

impactevv@gmail.com
Mission Statement info

DISCOVERING AND ACTIVATING RESIDENT STARTUP FOUNDERS AND ENTREPRENEURS IN DISINVESTED NEIGHBORHOODS FOR ECONOMIC FLOURISHING.

CRA Category info
  • Economic Development
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
2021
Total Employees info
0
Total Volunteers info
1
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • General Public
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Underbanked or Unbanked
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
  • SNAP Recipients
  • Welfare Recipients

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
30%
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.
Programs & Services info
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 info
  • Economically Disadvantaged
  • Entrepreneurs
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Underbanked or Unbanked
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
  • SNAP Recipients
  • Welfare Recipients
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
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.
Exempt Ruling Date info
2021-10
Deductibility Status info
Deductible
Last Tax Filing info
Not Applicable
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
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)

Nonprofit Location

Physical Address info
1201 S BEDFORD AVE
EVANSVILLE, IN 47713
Vanderburgh County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
21780
MSA/MD info
18
State info
163
County info
0013.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
21780 - Evansville, IN-KY
Combined Statistical Area info
Not located in a CSA.
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 59.71%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • IN - Vanderburgh County

Market Data

Census Tract County
0013.00 Vanderburgh County
Population
Total Population 1,725 181,548
Total Households 894 76,094
Income
Median Family Income (Census*) $35,040 $51,179
Median Family Income (2022 FFIEC est.) $83,700 N/A
Tract Income Percentage 48.02% N/A
Below Poverty Level 42.6% 16.1%
Unemployment Level 18.1% 5.0%
Housing
Total Housing Units 1,105 84,478
Total Owner-Occupied Units 46.3% 64.8%
Total Renter-Occupied Units 34.6% 35.2%
Total Vacant Units 19.1% 8.9%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
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
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
DeAndre Wilson
President of Board
impactevv@gmail.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax 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 www.learncra.com.