INSIGHT DEVELOPMENT CORPORATION

INDIANAPOLIS, IN | Marion County
Affordable Housing

Overview

INSIGHT DEVELOPMENT CORPORATION
35-2030346
1919 N MERIDIAN ST
INDIANAPOLIS, IN 46202
Marion County
(317) 261-7200

Mission Statement info

INSIGHT DEVELOPMENT CORPORATION FOSTERS LOW-INCOME HOUSING IN AND AROUND INDIANAPOLIS, INDIANA AND THE SURROUNDING COMMUNITY.

Founded info
1997
Total Employees info
1
Total Volunteers info
0
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • LIHTC Recipient
Nonprofit Classification (NTEE Code) info
L25

L - Housing, Shelter

Housing Rehabilitation

Organizations that clear slums and renew or rehabilitate old housing and other structures including abandoned buildings in blighted and depressed residential neighborhoods in order to provide a safe, sanitary and pleasant place for people to live.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
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
Most Recent LIHTC Project info
BEECHWOOD GARDENS & HAWTHORNE PLACE
 
Indianapolis, IN
Amount info
$4,004,220
Project Year info
2012
Allocation Year info
2010
Total Units info
321
Low-Income Units info
321
Currently Monitored info
Not reported
Construction Type info
Acquisition and Rehab
Property Characteristics info
  • None reported
Special Programs & Financing info
  • HUD Rental Assistance
  • TCEP Program
Targeted Population info
  • Families

IRS Summary

Income
$5M
Revenue
$5M
Assets
$67.3M
Exempt Ruling Date info
1999-12
Deductibility Status info
Deductible
Tax Filing Year info
2018
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
States Where Tax Return is Filed info
IN
Basis for Foundation/Public Charity Status info
Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above 509(a)(3)
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

Nonprofit Location

Physical Address info
1919 N MERIDIAN ST
INDIANAPOLIS, IN 46202
Marion County
FIPS Geocoded Address info
26900
MSA/CBSA info
18
State info
097
County info
3533.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Indianapolis-Carmel-Anderson, IN
Combined Statistical Area info
Indianapolis-Carmel-Muncie, IN
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
3533.00 Marion County
Population
Total Population 2,805 944,523
Total Households 1,682 369,033
Income
Median Family Income (Census*) $43,333 $46,692
Median Family Income (2019 FFIEC) $77,800 N/A
Tract Income Percentage 64.86% N/A
Below Poverty Level 32.3% 19.0%
Unemployment Level 12.6% 7.1%
Housing
Total Housing Units 1,891 422,135
Total Owner-Occupied Units 9.4% 54.0%
Total Renter-Occupied Units 79.6% 46.0%
Total Vacant Units 11.1% 9.9%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Jennifer Green
President
(317) 261-7200
Principal Officer info
Jennifer Green
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

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