INTEND INDIANA INC

EIN: 351704590 501(c)(3) Housing & Shelter

INDIANAPOLIS, IN

Total Revenue
$5,614,991
Total Expenses
$4,487,923
Total Assets
$31,069,679
Net Assets
$25,363,868
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IN
Principal Officer
STEVEN A MEYER
Phone
3179248116
Tax Period
2023-01-01 to 2023-12-31

INTEND INDIANA INC, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $5.6M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 20% operating margin.

Mission

INTEND INDIANA ADVANCES COMPREHENSIVE COMMUNITY DEVELOPMENT THROUGH INNOVATIVE FINANCING AND DEVELOPMENT SOLUTIONS THAT CREATE AND PRESERVE AFFORDABLE HOUSING, SUPPORT NEIGHBORHOOD REVITALIZATION EFFORTS, AND FOSTER SMALL BUSINESS DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $340,647 Revenue: $407,517

THROUGH ITS BUILD FUND, INTEND INDIANA MADE 5 LOANS TOTALING $615,415.45 TO SMALL BUSINESSES CREATING COMMUNITY IMPACTS THROUGHOUT CENTRAL INDIANA DURING 2023. ALL OF BUILD FUND LOANS WERE MADE TO...

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THROUGH ITS BUILD FUND, INTEND INDIANA MADE 5 LOANS TOTALING $615,415.45 TO SMALL BUSINESSES CREATING COMMUNITY IMPACTS THROUGHOUT CENTRAL INDIANA DURING 2023. ALL OF BUILD FUND LOANS WERE MADE TO MINORITY AND WOMEN OWNED BUSINESSES. BUILD FUND ALSO PROVIDED SMALL BUSINESS TECHNICAL ASSISTANCE TO 206 POTENTIAL CLIENTS.

Program 2
Expenses: $1,604,521 Revenue: $379,054

THROUGH EDGE FUND, INTEND INDIANA CLOSED 6 HOMEPOWER LOANS TOTALING $874,600.00, 6 FORGIVABLE 2ND MORTGAGES TOTALING $540,000, PROVIDED AFFORDABLE REFINANCING LOANS TOTALING $2,016,559.90 FOR 17...

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THROUGH EDGE FUND, INTEND INDIANA CLOSED 6 HOMEPOWER LOANS TOTALING $874,600.00, 6 FORGIVABLE 2ND MORTGAGES TOTALING $540,000, PROVIDED AFFORDABLE REFINANCING LOANS TOTALING $2,016,559.90 FOR 17 HOMEOWNERS NEGATIVELY IMPACTED BY COVID-19 THROUGH ITS INDYAMP PROGRAM AND SUPPORTED AN AFFORDABLE MULTIFAMILY HOUSING PROJECT WITH A $2 MILLION LOAN THROUGH ITS BRIDGESMART PROGRAM.

Program 3
Expenses: $1,120,531 Revenue: $854,260

THROUGH ITS AFFORDABLE HOMEMATTERS PROGRAM, INTEND INDIANA INVESTED $2,002,687 INTO CREATING AFFORDABLE HOUSING STOCK, CREATING 7 NEW CONSTRUCTIONS AND 4 REHABBED SINGLE-FAMILY HOMES. ALL HOMEBUYERS...

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THROUGH ITS AFFORDABLE HOMEMATTERS PROGRAM, INTEND INDIANA INVESTED $2,002,687 INTO CREATING AFFORDABLE HOUSING STOCK, CREATING 7 NEW CONSTRUCTIONS AND 4 REHABBED SINGLE-FAMILY HOMES. ALL HOMEBUYERS BUYERS SERVED BY THE PROGRAM WERE LOCATED WITHIN AN OPPORTUNITY/FOCUS AREA AND HAD INCOMES AT OR BELOW 80% OF THE AREA MEDIAN INCOME. AMONG THE BUYERS SERVED, 36% IDENTIFIED AS AFRICAN AMERICAN, 45% AS HISPANIC OR LATINO, AND 19% AS CAUCASIAN, WITH 54% BEING FEMALE HEADS OF HOUSEHOLD. AFFORDABLE HOMEMATTERS AWARDED 11 CONSTRUCTION CONTRACTS TO XBE CONTRACTORS TOTALING $2,002,687 WORTH OF XBE CONTRACTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,200,335
Program Service Revenue $480,627
Investment Income $1,918,274
Other Revenue $15,755
TOTAL REVENUE $5,614,991

Expense Breakdown

Grants Paid $58,801
Salaries & Benefits $1,714,931
Fundraising Expenses $85,286
Program Expenses $3,610,855
Other Expenses $2,714,191
TOTAL EXPENSES $4,487,923

Year-over-Year Comparison

2023 2022 Change
Revenue $5,614,991 $8,234,589 -0.3%
Expenses $4,487,923 $5,315,308 -0.2%
Net Income $1,127,068 $2,919,281 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
19
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$407,499
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENN LISAK GOLDING BOD 1.00
Officer Director
$0 $0 $0
ESTHER CARTER-DAY BOD 1.00
Officer Director
$0 $0 $0
NATHAN RINGHAM BOD 1.00
Officer Director
$0 $0 $0
VINCENT ASH BOD 1.00
Director
$0 $0 $0
CECEILY BRICKLEY BOD 1.00
Director
$0 $0 $0
KEITH BROADNAX BOD 1.00
Director
$0 $0 $0
MARY CLARK BOD 1.00
Director
$0 $0 $0
TODD COOK BOD 1.00
Director
$0 $0 $0
COREY MCLENDON BOD 1.00
Director
$0 $0 $0
JIM RAWLINSON BOD 1.00
Director
$0 $0 $0
SHAQ THOMAS BOD 1.00
Director
$0 $0 $0
MARLON WEBB SR BOD 1.00
Director
$0 $0 $0
STEVEN MEYER CHIEF EXECUTIVE OFFICER 40.00
Officer
$187,122 $20,155 $207,277
STEPHANIE QUICK PRESIDENT 40.00
Officer
$174,955 $25,267 $200,222
EVAN TESTER DIRECTOR OF LENDING 40.00
Highest
$119,139 $5,956 $125,095
BENJAMIN HARRIS DIRECTOR OF REAL ESTATE DEVELOPMENT 40.00
Highest
$121,483 $16,103 $137,586
ALEXANDER ERVIN ACCOUNTANT & COMPLIANCE OFFICER 40.00
Highest
$114,622 $5,731 $120,353
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,614,991 $4,487,923 $31,069,679 $1,127,068
2022 $8,234,589 $5,315,308 $31,055,042 $2,919,281
2021 $7,519,314 $2,883,425 $28,828,732 $4,635,889
2019 $6,759,769 $1,217,558 $12,199,940 $5,542,211
2018 $2,501,666 $1,319,970 $6,728,327 $1,181,696
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