CENTRAL INDIANA CORPORATE PARTNERSHIP INC

EIN: 352065459 Community Improvement

INDIANAPOLIS, IN

Total Revenue
$11,371,368
Total Expenses
$9,893,869
Total Assets
$7,927,803
Net Assets
$7,119,165
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IN
Principal Officer
LATOYA A BOTTERON
Phone
3175324802
Tax Period
2024-01-01 to 2024-12-31

CENTRAL INDIANA CORPORATE PARTNERSHIP INC, founded in 1998, is a mid-sized nonprofit in the Community Improvement sector that reported $11.4M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $9.9M left a modest 13% surplus.

Mission

CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) IS AN ALLIANCE OF INDIANA'S BUSINESS AND RESEARCH UNIVERSITY LEADERS COMING TOGETHER TO FOSTER LONG-TERM PROSPERITY FOR THE REGION. CICP'S MISSION IS TO TRANSFORM THE ECONOMY OF INDIANA IN ORDER TO CREATE SUSTAINABLE PROSPERITY AND QUALITY OF LIFE FOR OUR CITIZENS AND FUTURE GENERATIONS.

Program Service Accomplishments

Program 1

CONEXUS INDIANA HAS BEEN POSITIONING THE HOOSIER STATE AS THE BEST PLACE FOR ADVANCED MANUFACTURING AND LOGISTICS INDUSTRIES TO INNOVATE, INVEST, EMPLOY AND SUCCEED FOR MORE THAN A DECADE. BY...

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CONEXUS INDIANA HAS BEEN POSITIONING THE HOOSIER STATE AS THE BEST PLACE FOR ADVANCED MANUFACTURING AND LOGISTICS INDUSTRIES TO INNOVATE, INVEST, EMPLOY AND SUCCEED FOR MORE THAN A DECADE. BY COLLABORATING WITH INDUSTRY, ACADEMIC AND PUBLIC SECTOR PARTNERS ON A SHARED VISION FOR AN INNOVATIVE, SKILLED WORKFORCE AND STRONGER BUSINESS CLIMATE, CONEXUS INDIANA HAS HELPED TO CREATE OPPORTUNITIES FOR ADVANCED MANUFACTURING AND LOGISTICS COMPANIES, PREPARE HOOSIERS TO SUCCEED IN THE STATE'S LARGEST INDUSTRY SECTORS AND MAINTAIN INDIANA'S COMPETITIVE ADVANTAGE. VISIT WWW.CONEXUSINDIANA.COM. IN 2024, INDIANA'S ADVANCED MANUFACTURING AND LOGISTICS (AML) INDUSTRY BUSINESSES EMBRACED INNOVATION AND THE ADOPTION OF INDUSTRY 4.0 TECHNOLOGIES AND WORKED TOGETHER TO STRENGTHEN TALENT PIPELINES. CONEXUS INDIANA PLAYED A KEY ROLE IN THIS TRANSFORMATION, BRINGING INDUSTRY, ACADEMIA AND PUBLIC-SECTOR LEADERS TOGETHER TO DRIVE POSITIVE CHANGE FOR THE INDUSTRY. INNOVATION THRIVES WHEN AN ENTIRE INDUSTRY ECOSYSTEM COMES TOGETHER. IN 2024, CONEXUS BROUGHT THE AML INDUSTRY'S KEY STAKEHOLDERS TOGETHER TO CONVENE ON TOPICS OF IMPORTANCE TO THE FUTURE OF THE SECTOR AND TO STRENGTHEN INDIANA'S POSITION AS A HUB FOR HARDTECH INNOVATION. - CONEXUS CONVENED ITS ADVANCED INDUSTRIES COUNCIL (CIAIC), NOW 180 PARTNERS STRONG, BRINGING TOGETHER LEADERS FROM INDIANA'S DIVERSE AML SECTORS. THESE QUARTERLY COUNCIL MEETINGS, HELD IN FIVE LOCATIONS ACROSS THE STATE, PROVIDE A PLATFORM FOR MEMBERS TO TACKLE PRESSING INDUSTRY CHALLENGES, SHARE BEST PRACTICES AND COLLECTIVELY ADVANCE INDIANA'S POSITION AS A LEADER IN INDUSTRY 4.0. - CONEXUS LAUNCHED THE HARDTECH INNOVATORS NETWORK, POWERED BY THE INDIANA ECONOMIC DEVELOPMENT CORPORATION, IN 2024 AND CREATED A FORUM FOR OVER 200 ENTREPRENEURS, INDUSTRY LEADERS AND INVESTORS TO CONNECT AND COLLABORATE ON SOLUTIONS THAT PUSH THE BOUNDARIES OF AML.

Program 2

TECHPOINT IS THE NONPROFIT, INDUSTRY-LED GROWTH INITIATIVE FOR INDIANA'S DIGITAL INNOVATION ECONOMY AND OVERALL TECH ECOSYSTEM FOCUSED ON EXPANDING THE TECH TALENT PIPELINE, ENHANCING RESOURCE...

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TECHPOINT IS THE NONPROFIT, INDUSTRY-LED GROWTH INITIATIVE FOR INDIANA'S DIGITAL INNOVATION ECONOMY AND OVERALL TECH ECOSYSTEM FOCUSED ON EXPANDING THE TECH TALENT PIPELINE, ENHANCING RESOURCE CONNECTIVITY FOR ENTERPRISE ORGANIZATIONS AND STARTUPS ALIKE, AND ELEVATING THE INDUSTRY BY ACTIVATING THE COMMUNITY AND AMPLIFYING STORIES OF SUCCESS IN COLLABORATION WITH PUBLIC, PRIVATE AND INDUSTRY PARTNERS. VISIT WWW.TECHPOINT.ORG. THE RAPID MARKET ADOPTION OF GENERATIVE AI POINTS TO TREMENDOUS PRODUCTIVE GROWTH OPPORTUNITIES AHEAD OF US. ARTIFICIAL INTELLIGENCE (AI) IS EXPECTED TO IMPACT 85 PERCENT OF WORKERS WITHIN THE NEXT THREE TO FIVE YEARS, PER THE 2024 TECHPOINT AI & WORKFORCE IMPACT REPORT. IN 2024, TECHPOINT PUBLISHED 25 MOST-IN-DEMAND TECH ROLES AND REPORTS ON AI'S WORKFORCE IMPACT, MISSION 41K PROGRESS, AND VC PERFORMANCE. SUCH DATA INSIGHTS WERE PROMOTED THROUGH 33 SPEAKING ENGAGEMENTS THAT REACHED NEARLY 3800 PARTICIPANTS. OUR OVERALL TECH COMMUNITY REACH LED TO OVER 2 MILLION DIGITAL CONTENT VIEWS ACROSS ALL CHANNELS AND OVER 7200 IN EVENT ATTENDANCE IN TECHPOINT-HOSTED EVENTS INCLUDING THE MIRA AWARDS GALA. TECHPOINT DOUBLED DOWN ON ITS HISTORY OF HELPING INDIANA TECH INNOVATORS, FOUNDERS AND OPERATORS ACCESS THE CAPITAL AND OTHER SUPPORT NEEDED TO GROW. THE INDIANA FOUNDERS NETWORK, INITIALLY LAUNCHED IN EARLY 2024, HAS GROWN TO INCLUDE MORE THAN 130 MEMBERS. THE INDIANA CIO NETWORK, CONTINUES TO EXPAND WITH OVER 350 MEMBERS. BOTH PLAY IMPORTANT ROLES IN BUILDING ECOSYSTEM CONNECTIVITY, SHARING BEST PRACTICES AND ENHANCING EDUCATION. THROUGH VENTURE SUPPORT AND VENTURE CONNECT, MORE THAN 200 STARTUPS WERE SERVED IN 2024. 2024 ALSO SAW THE SOFT LAUNCH OF INDIANA AI INNOVATION NETWORK, SUPPORTED IN PART BY SBA GROWTH ACCELERATOR PRIZES. INITIAL MARKET INTEREST FROM AI INDUSTRY PRACTITIONERS HAS PROVEN ROBUST, WITH OVER 150 MEMBERS ALREADY IN THE NETWORK.

Program 3

ASCEND INDIANA IS A TALENT AND WORKFORCE DEVELOPMENT INITIATIVE COMMITTED TO MAKING INDIANA A PLACE OF ECONOMIC OPPORTUNITY FOR ALL. ASCEND CONNECTS JOB SEEKERS TO GOOD AND PROMISING CAREER...

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ASCEND INDIANA IS A TALENT AND WORKFORCE DEVELOPMENT INITIATIVE COMMITTED TO MAKING INDIANA A PLACE OF ECONOMIC OPPORTUNITY FOR ALL. ASCEND CONNECTS JOB SEEKERS TO GOOD AND PROMISING CAREER OPPORTUNITIES THROUGH AN INNOVATIVE JOB MATCHING PLATFORM, THE ASCEND NETWORK; CATALYZES PARTNERSHIPS AND PROVIDES CONSULTING SERVICES TO MEET HIGH-DEMAND WORKFORCE NEEDS THROUGH ASCEND SERVICES; AND CONDUCTS RESEARCH THROUGH ASCEND INSIGHTS TO ENABLE SYSTEMS-LEVEL CHANGE THAT POSITIVELY IMPACTS INDIVIDUALS THROUGHOUT THE STATE. VISIT WWW.ASCENDINDIANA.COM. IN 2024, ASCEND MATCHED 963 EARLY-CAREER HOOSIERS AND OTHER JOB SEEKERS WITH CAREER AND INTERNSHIP OPPORTUNITIES, SURPASSING THE GOAL IT HAD SET FOR MATCHES. IN 2024, WE ASCEND COMPLETED 3 PROJECTS, THROUGH AMERICAN RESCUE PLAN FUNDING IN COLLABORATION WITH EMPLOYINDY AND CONNECTED 826 INDIVIDUALS TO TRAINING AND WORK-BASED LEARNING OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,028,233
Program Service Revenue $0
Investment Income $267,564
Other Revenue $75,571
TOTAL REVENUE $11,371,368

Expense Breakdown

Grants Paid $54,000
Salaries & Benefits $18,529,724
Fundraising Expenses $0
Other Expenses $-8,689,855
TOTAL EXPENSES $9,893,869

Year-over-Year Comparison

2024 2023 Change
Revenue $11,371,368 $8,410,868 +0.4%
Expenses $9,893,869 $9,078,947 +0.1%
Net Income $1,477,499 $-668,079 -3.2%
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
67
Independent Members
67
Employees
168
Volunteers
200

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
$1,321,522
Total Directors
71
$0
Key Employees
5
$2,347,669
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUE ELLSPERMANN CHAIR 1.00
Officer Director
$0 $0 $0
BRYAN MILLS VICE CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
STEPHEN FERGUSON SECRETARY 1.00
Officer Director
$0 $0 $0
GAIL BOUDREAUX AT-LARGE 1.00
Director
$0 $0 $0
JEFF HARRISON AT-LARGE 1.00
Director
$0 $0 $0
MARK HILL AT-LARGE 1.00
Director
$0 $0 $0
DAVE RICKS AT-LARGE 1.00
Director
$0 $0 $0
JENNIFER RUMSEY AT-LARGE 1.00
Director
$0 $0 $0
JEFF SMULYAN AT-LARGE 1.00
Director
$0 $0 $0
ALLAN B HUBBARD DIRECTOR 1.00
Director
$0 $0 $0
AMAN BRAR DIRECTOR 1.00
Director
$0 $0 $0
AMY SCHUMACHER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW INSLEY DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY BABCOCK DIRECTOR 1.00
Director
$0 $0 $0
BRAD MOORE DIRECTOR 1.00
Director
$0 $0 $0
CANDICE BINEYARD DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE LANGHAM DIRECTOR 1.00
Director
$0 $0 $0
CHARLIE BAKER DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA MOUNGEY DIRECTOR 1.00
Director
$0 $0 $0
CHUCK MAGRO DIRECTOR 1.00
Director
$0 $0 $0
CLAIRE FIDDIAN-GREEN DIRECTOR 1.00
Director
$0 $0 $0
DAVID BECKER DIRECTOR 1.00
Director
$0 $0 $0
DAVID GRAZIOSI DIRECTOR 1.00
Director
$0 $0 $0
DAVID M FINDLAY DIRECTOR 1.00
Director
$0 $0 $0
DENNIS MURPHY DIRECTOR 1.00
Director
$0 $0 $0
ELLEN SWISHER CRABB DIRECTOR 1.00
Director
$0 $0 $0
FRED MERRITT DIRECTOR 1.00
Director
$0 $0 $0
GEOFFREY MEARNS DIRECTOR 1.00
Director
$0 $0 $0
J SCOTT DAVISON DIRECTOR 1.00
Director
$0 $0 $0
JA LACY DIRECTOR 1.00
Director
$0 $0 $0
JAMES DANKO DIRECTOR 1.00
Director
$0 $0 $0
JAMIE MERISOTIS DIRECTOR 1.00
Director
$0 $0 $0
JASON ECKERLE DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY SIMMONS DIRECTOR 1.00
Director
$0 $0 $0
JIM RYAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN EGGLETON DIRECTOR 1.00
Director
$0 $0 $0
JOHN T THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN P CHRISTIAN DIRECTOR 1.00
Director
$0 $0 $0
KELLY PFLEDDERER DIRECTOR 1.00
Director
$0 $0 $0
KENNETH ZAGZEBSKI DIRECTOR 1.00
Director
$0 $0 $0
KEVIN SPEER DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN MARCUCCILLI DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN MAYS-CORBITT DIRECTOR 1.00
Director
$0 $0 $0
MARK MILES DIRECTOR 1.00
Director
$0 $0 $0
MARLA THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
MIKE BERGHOFF DIRECTOR 1.00
Director
$0 $0 $0
MUNG CHAING DIRECTOR 1.00
Director
$0 $0 $0
N CLAY ROBBINS DIRECTOR 1.00
Director
$0 $0 $0
NATE FELTMAN DIRECTOR 1.00
Director
$0 $0 $0
PAMELA WHITTEN DIRECTOR 1.00
Director
$0 $0 $0
PETE WARD DIRECTOR 1.00
Director
$0 $0 $0
RICK HENVEY DIRECTOR 1.00
Director
$0 $0 $0
ROBERT COONS DIRECTOR 1.00
Director
$0 $0 $0
SCOTT BRAND DIRECTOR 1.00
Director
$0 $0 $0
SCOTT DORSEY DIRECTOR 1.00
Director
$0 $0 $0
STAN PINEGAR DIRECTOR 1.00
Director
$0 $0 $0
STANLEY CHEN DIRECTOR 1.00
Director
$0 $0 $0
TODD BORGMANN DIRECTOR 1.00
Director
$0 $0 $0
WESLEY SPRINKLE DIRECTOR 1.00
Director
$0 $0 $0
ERIC BACHLE DIRECTOR BEGINNING APRIL 1.00
Director
$0 $0 $0
BILLIE DRAGOO DIRECTOR BEGINNING APRIL 1.00
Director
$0 $0 $0
MATT BARGA DIRECTOR BEGINNING APRIL 1.00
Director
$0 $0 $0
MEL RAINES DIRECTOR BEGINNING JUNE 1.00
Director
$0 $0 $0
REV ROBERT DOWD DIRECTOR BEGINNING JULY 1.00
Director
$0 $0 $0
IVAN TORNOS DIRECTOR BEGINNING AUG. 1.00
Director
$0 $0 $0
MIKE GODARD DIRECTOR BEGINNING AUG. 1.00
Director
$0 $0 $0
STEPHEN MORET DIRECTOR BEGINNING AUG. 1.00
Director
$0 $0 $0
BILL SOARDS DIRECTOR THROUGH APRIL 1.00
Director
$0 $0 $0
RICK FUSON DIRECTOR THROUGH JUNE 1.00
Director
$0 $0 $0
DEBORAH CURTIS DIRECTOR THROUGH JUNE 1.00
Director
$0 $0 $0
REV JOHN I JENKINS DIRECTOR THROUGH JULY 1.00
Director
$0 $0 $0
MELINA KENNEDY CEO, CICP 20.00
Officer
$691,910 $73,963 $765,873
LATOYA ALEXANDER BOTTERON PRESIDENT AND CHIEF FINANCIAL OFFICER, CICP 24.00
Officer
$485,400 $70,249 $555,649
MITCH FRAZIER PRESIDENT AND CEO, AGRINOVUS INDIANA 40.00
Key Emp
$455,085 $69,136 $524,221
FRED CARTWRIGHT PRESIDENT & CEO - CONEXUS 40.00
Key Emp
$431,438 $70,743 $502,181
TING GOOTEE PRESIDENT AND CEO, TECHPOINT 40.00
Key Emp
$420,212 $80,084 $500,296
BRAD RHORER PRESIDENT & CEO, ASCEND INDIANA 40.00
Key Emp
$340,177 $73,721 $413,898
VINCENT WONG PRESIDENT AND CEO, BIOCROSSROADS 40.00
Key Emp
$334,699 $72,374 $407,073
DARSHAN SHAH EVP, DATA & ANALYTIXIN 40.00
Highest
$288,083 $70,963 $359,046
MIKE BOLINDER SVP, EXTERNAL ENGAGEMENT AND CHIEF INNOVATION OFFI 40.00
Highest
$271,475 $68,019 $339,494
JAHON HOBBEHEYDAR EXECUTIVE VICE PRESIDENT, STRATEGY 40.00
Highest
$269,084 $68,493 $337,577
DENNIS TRINKLE SENIOR VICE PRESIDENT OF TALENT, STRATEGY & PARTNE 40.00
Highest
$241,193 $30,650 $271,843
BRYCE CARPENTER CHIEF OPERATIONS AND STRATEGY OFFICER 40.00
Highest
$225,535 $64,781 $290,316
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 $11,371,368 $9,893,869 $7,927,803 $1,477,499
2023 $8,410,868 $9,078,947 $6,777,292 $-668,079
2022 $10,221,222 $9,149,296 $8,043,821 $1,071,926
2021 $11,696,503 $11,446,213 $8,694,724 $250,290
2020 $12,956,705 $12,122,706 $10,755,936 $833,999
2020 $12,956,705 $12,122,706 $10,755,936 $833,999
2019 $10,496,039 $8,754,832 $8,114,223 $1,741,207
2018 $7,511,483 $6,682,398 $6,156,795 $829,085
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