2024-03-21T13:59:16-05:00 2022-12-31 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2022-01-01 800228952 MIDTOWN INDIANAPOLIS INC MIDT 3176003141 3965 NORTH MERIDIAN STREET G INDIANAPOLIS IN 46208 MICHAEL MCKILLIP EXECUTIVE DIR. 3176003141 2024-03-20 1 MICHAEL MCKILLIP 999009999 0 SHAWN D DREIMAN CPA P00380913 3178413393 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MICHAEL MCKILLIP 3965 NORTH MERIDIAN STREET G INDIANAPOLIS IN 46208 676279 0 X WWW.MIDTOWNINDY.ORG X 2007 IN MIDTOWN INDY IS A COMMUNITY SERVICE CORPORATION COMMITTED TO ADVANCING THE QUALITY OF LIFE AND ECONOMIC VITALITY OF INDIANAPOLIS' MIDTOWN NEIGHBORHOODS. 12 12 6 0 57907 0 361001 209274 0 0 179781 82602 76455 100838 617237 392714 30000 22197 0 0 146462 191514 0 0 33062 82671 191862 259133 405573 358104 -12859 559223 773426 285287 602167 273936 171259 X MIDTOWN INDY EXISTS TO CULTIVATE AN EQUITABLE, HEALTHY, AND SUSTAINABLE COMMUNITY IN WHICH STAKEHOLDERS OF ALL INCOMES, RACES, AND ETHNICITIES HAVE ACCESS TO THE OPPORTUNITIES, SERVICES, AND AMENITIES THEY NEED TO THRIVE. SPECIFICALLY, MIDTOWN'S WORK IS FOCUSED ON 1) BUILDING A SENSE OF COMMUNITY; 2) SUPPORT FOR COMMUNITY BASED AND MINORITY BUSINESSES AND JOB SKILLS DEVELOPMENT; 3) IMPROVEMENT OF TRANSPORTATION OPTIONS AND THE VITALITY OF KEY COMMERCIAL CORRIDORS AND NODES; 4) IMPROVEMENT OF HOUSING OPTIONS AND PUBLIC SPACES. 0 0 99098 2022 COMMUNITY AWARENESS PROGRAMS WERE FOCUSED ON SHARING NEWS AND RESOURCES RELATED TO COVID-19, RELIEF RESOURCES, EVICTION RELIEF, GRANT AVAILABILITY, FOOD ACCESS INFORMATION, COMMUNITY DEVELOPMENT AND NEIGHBORHOOD PLANNING INFORMATION. MIDTOWN INDY SHARES NEWS AND INFORMATION THROUGH THREE MEDIUMS: 1) A PRINTED MAGAZINE MAILED FREE OF CHARGE SIX TIMES A YEAR TO OVER 23,000 HOMES IN THE MIDTOWN COMMUNITY; 2) A BI-WEEKLY EMAIL NEWSLETTER SENT TO OVER 5,000 SUBSCRIBERS; 3) MULTIPLE SOCIAL MEDIA PLATFORMS INCLUDING FACEBOOK, INSTAGRAM, TWITTER, LINKEDIN, AND NEXTDOOR. FURTHER EFFORTS INCLUDED OUTREACH AND ENGAGEMENT IN COMMUNITY EVENTS INCLUDING JUNETEENTH, MOVIES IN THE PARK, IPS REBUILDING STRONGER MEETINGS, AND MANY MORE. THIS WORK ALSO INVOLVED THE LAUNCH OF NEW CONVENING EFFORT FOCUSED ON THE ENGAGEMENT WITH KEYSTONE MONON NEIGHBORHOOD STAKEHOLDERS AND PARTNERS TO LISTEN TO COMMUNITY NEEDS TO HELP CONVEY INFORMATION AND GUIDE THE COMMUNITY IN THE DEVELOPMENT OF A CERTIFIED NEIGHBORHOOD PLAN. THIS EFFORT INCLUDED VIRTUAL AND IN PERSON MEETINGS, MAILINGS TO STAKEHOLDERS AND MEETINGS WITH COMMUNITY AND CITY LEADERS. 74530 BUILDING ON WORK FROM PREVIOUS YEARS, MIDTOWN CONTINUED EFFORTS IN 2022 RELATED TO STAKEHOLDER ENGAGEMENT AND PREDEVELOPMENT AT SEVERAL KEY SITES, PRINCIPALLY IN THE ONE SQUARE MILE AREA SURROUNDING 38TH AND ILLINOIS STREET AS PART OF THE LOCAL INITIATIVE SUPPORT CORPORATION'S GREAT PLACES 2020 PROGRAM TO REVITALIZE SPECIFIC NEIGHBORHOODS IN THE CITY. ACTIVITIES AND RELATED EXPENSES INCLUDED ONGOING ENGAGEMENT WITH AREA PROPERTY OWNERS, KEY COMMUNITY SERVING ORGANIZATIONS AND RESIDENTS. THIS WORK INCLUDED ADMINISTRATION OF FAADE GRANTS FOR EXISTING LOCAL AREA BUSINESSES, AS WELL AS APPLICATION ASSISTANCE FOR 3 ADDITIONAL FAADE APPLICATIONS. IN ADDITION, WE CONDUCTED TARGETED ENGAGEMENT RELATED TO PEDESTRIAN SAFETY AND CONNECTIVITY ALONG THE MAIN COMMERCIAL CORRIDOR IN THE FOCUS AREA, 38TH STREET, WHERE WE CONDUCTED AN AUDIT ASSESSMENT OF ALL PEDESTRIAN INFRASTRUCTURE ALONG 3TH STREET FROM THE INDIANA STATE FAIRGROUNDS TO NEWFIELDS. THIS AUDIT INFORMATION WAS SHARED WITH THE COMMUNITY AND WITH CITY LEADERS TO URGE CORRECTIVE ACTION. ADDITIONAL EFFORTS FOCUSED ON MERIDIAN STREET, CAPITAL AVENUE, ILLINOIS, KENWOOD, AND OTHER KEY CONNECTING STREETS WHICH FEED INTO 38TH. WE PRODUCED THE SECOND ANNUAL JUNETEENTH CELEBRATION AT TARKINGTON PARK WHICH HOSTED OVER 300 COMMUNITY MEMBERS. OTHER PROGRAMS AND ACTIVITIES INCLUDED THE CONTINUED DEVELOPMENT AND CONSTRUCTION OF PARKSIDE AT TARKINGTON AN AFFORDABLE SENIOR HOUSING PROJECT TO BE LOCATED AT 3901 N MERIDIAN STREET. THE PROJECT COMPLETED CONSTRUCTION IN DECEMBER OF 2022 TRANSFORMING A VACANT FORMER OFFICE BUILDING INTO A 60 UNIT SENIOR HOUSING PROJECT WITH COMMUNITY FOCUSED COMMERCIAL SERVICES ON THE FIRST FLOOR. ADDITIONAL EFFORTS INCLUDED ADVOCACY FOR THE DEVELOPMENT OF A MULTIPURPOSE ATHLETIC FIELD IN TARKINGTON PARK TO SERVE LOCAL YOUTH TEAMS AND COMMUNITY MEMBERS. 64799 46TH & COLLEGE: MIDTOWN INDY ENTERED INTO A PURCHASE AGREEMENT IN 2021 TO PURCHASE IN 2022, A LONG VACANT FORMER GAS STATION SITE LOCATED AT 4566 N. COLLEGE AVENUE. EARLY ENVIRONMENTAL ASSESSMENTS BEGAN IN 2021 AHEAD OF THE ANTICIPATED CLOSING. 2022 PROGRAM INVESTMENTS INCLUDED SITE EVALUATION FOR TRANSIT ORIENTED DEVELOPMENT IN SUPPORT OF MIXED INCOME AND MIXED-USE HOUSING AND COMMUNITY SERVING RETAIL. A VENDOR WAS HIRED TO CONDUCT MASSING AND FEASIBILITY STUDIES FOR THE REDEVELOPMENT OF THE SITE. FURTHER, EFFORTS INCLUDED COORDINATION WITH THE INDIANA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT (IDEM), ON THE REVISION OF AN ENVIRONMENTALLY RESTRICTIVE COVENANT TO PERMIT FUTURE RESIDENTIAL DEVELOPMENT. PRIMARY EXPENSES INVOLVED THE DOWN PAYMENT AND CLOSING FEES FOR THE PROPERTY'S ACQUISITION, REAL ESTATE TAXES, LEGAL FEES, INTEREST PAYMENTS ON THE LOAN SECURED TO ACQUIRE THE PROPERTY, VENDOR PAYMENTS FOR ENVIRONMENTAL TESTING AND ARCHITECTURAL FEASIBILITY ASSESSMENTS. 42ND & COLLEGE: MIDTOWN INDY IN PARTNERSHIP WITH KID'S DANCE OUTREACH (KDO) WORKED WITH THE CITY OF INDIANAPOLIS TO EVALUATE THE ACQUISITION AND POTENTIAL REDEVELOPMENT OF TWO UNDERUTILIZED PROPERTIES OWNED BY THE CITY OF INDIANAPOLIS LOCATED AT 4201 AND 4155 N. COLLEGE AVENUE. THE WORK AND PROGRAM EXPENSES CENTERED AROUND FEASIBILITY ANALYSIS FOR THE REDEVELOPMENT OF THE SITES CONSISTENT WITH EQUITABLE TRANSIT ORIENTED DEVELOPMENT WITH A FOCUS ON AFFORDABLE HOUSING, AND NONPROFIT OFFICE SPACES. A VENDOR WAS HIRED TO EVALUATE THE DEVELOPMENT FEASIBILITY AND TO RECOMMEND REZONING OF THE SITES TO SUPPORT THEIR REDEVELOPMENT. FURTHER OUTREACH TO PROSPECTIVE DEVELOPMENT PARTNERS OCCURRED TO EVALUATE THE FEASIBILITY AND TIMING FOR APPLICATION FOR LOW INCOME HOUSING TAX CREDITS. 11553 22197 PARK WEST - ACTIVITIES INCLUDE THE CONTINUED PREDEVELOPMENT OF THE PROJECT IN PARTNERSHIP WITH THE CONTRACT BUYERS, AND THE BUYER'S FINAL PAYOFF OF THE SELLER FINANCING TO ACQUIRE THE BUILDING. TARKINGTON PARK - EFFORTS INCLUDED ONGOING PROGRAM PLANNING FOR THE PARK AND CONTINUED OPERATIONS ASSISTANCE OF THE PARK IN CONCERT WITH PARTNERS AT THE PARKS ALLIANCE OF INDIANAPOLIS AND THE MARTIN LUTHER KING COMMUNITY CENTER. INCLUDING THE PRODUCTION OF THE 2ND ANNUAL JUNETEENTH CELEBRATION AND FALL MOVIES IN THE PARK. HOLIDAY HOME TOUR - THE 12TH ANNUAL HOME TOUR. THE EVENT HIGHLIGHTED, NOTABLE HOMES IN THE MIDTOWN COMMUNITY DECORATED FOR THE HOLIDAYS. THE TOUR HIGHLIGHTED THE SIGNIFICANCE OF THE HOMES' BUILDERS, FAMILIES AND THEIR IMPACT ON INDUSTRY, LITERATURE, AND SHARED THE HOLIDAY SPIRIT THROUGH THE BENEFIT OF LOCAL DECORATORS WHO HELP PREPARE THE HOMES. AN ESTIMATED 1200 VISITORS ATTENDED THE EVENT. MIDTOWN MAGAZINE - IN 2022 MIDTOWN INDY ASSUMED OPERATIONS OF MIDTOWN MAGAZINE AFTER RECEIVING IT VIA DONATION IN 2021. THE MAGAZINE SERVES HOMES, BUSINESSES, AND PUBLIC PLACES WITHIN OUR SERVICE GEOGRAPHY. THE DONOR AND PRIOR PUBLISHER PUBLISHED THE FINAL TWO ISSUES IN 2021 IN PARTNERSHIP WITH MIDTOWN INDY AND IN 2022 THE MAGAZINE TRANSITIONED TO MIDTOWN INDY FULL TIME. THE PUBLICATION HIGHLIGHTS LOCAL BUSINESSES, ORGANIZATIONS, AND NEIGHBORHOODS. UTILIZING COMMUNITY-BASED WRITERS, STUDENTS, AND LOCALLY BASED GUEST COLUMNISTS, THE PUBLICATION SERVES AS UNIFY VOICE IN THE MIDTOWN COMMUNITY AND IS MAILED TO OVER 23,000 HOMES FREE OF CHARGE 6 TIMES A YEAR. MIDTOWN MAGAZINE PROGRAM EXPENSES ARE NOW PART OF THE COMMUNITY AWARENESS PROGRAM NOTED ABOVE. MIDTOWN ANCHOR COALITION (MAC): IN AN EFFORT TO MAINTAIN INSTITUTIONAL ENGAGEMENT IN THE MIDTOWN INITIATIVE, MIDTOWN CONTINUED ITS COLLABORATION WITH KEY INSTITUTIONAL STAKEHOLDERS AS PART OF THE MIDTOWN ANCHOR COALITION. THE MIDTOWN ANCHOR COALITION (MAC) IS COMPRISED OF SIX OF INDIANAPOLIS' OLDEST AND MOST IMPORTANT ANCHOR INSTITUTIONS TOGETHER WITH KEY COMMUNITY PARTNERS. MAC MEMBERS INCLUDE: BUTLER UNIVERSITY, BUTLER-TARKINGTON NEIGHBORHOOD ASSOCIATION, CHRISTIAN THEOLOGICAL SEMINARY, CITIZENS ENERGY GROUP, CROWN HILL HERITAGE FOUNDATION, INDIANAPOLIS MUSEUM OF ART, INTERNATIONAL SCHOOL OF INDIANA, AND MIDTOWN INDIANAPOLIS, INC. TOGETHER, THESE ORGANIZATIONS EMPLOY OVER 2,000 PEOPLE, OWN 1,100 ACRES OF LAND AND OVER THREE MILLION SQUARE FEET OF FACILITIES, SPEND OVER $117 MILLION ANNUALLY ON GOODS AND SERVICES, AND ATTRACT OVER 1.1 MILLION VISITORS ANNUALLY. WHILE THEY SHARE A COMMON GEOGRAPHY NORTHWEST OF DOWNTOWN INDIANAPOLIS, MORE IMPORTANTLY THIS COALITION SHARES A COMMITMENT TO ENHANCING THE COLLECTIVE ASSETS OF MIDTOWN INDIANAPOLIS AS A PREMIER DESTINATION TO LIVE, WORK, VISIT, AND LEARN IN THE CENTRAL INDIANA REGION. 11553 22197 249980 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 6 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IN X CARMEN TEED 3176003141 3965 NORTH MERIDIAN STREET SUITE G INDIANAPOLIS IN 46204 KAREN HALEY DIRECTOR 5.00 X 0 0 0 EVA MARQUEZ PRESIDENT 10.00 X X 0 0 0 MATT MINDRUM PAST PRESIDENT 20.00 X X 0 0 0 RICHARD MCCOY DIRECTOR 5.00 X 0 0 0 CARLOS SOSA DIRECTOR 5.00 X 0 0 0 JENNIFER PYRZ SECRETARY 5.00 X X 0 0 0 BRIAN PARKS DIRECTOR 5.00 X 0 0 0 ERIC ARMSTRONG VICE PRESIDENT 5.00 X X 0 0 0 BRANDON POWELL DIRECTOR 5.00 X 0 0 0 MICHAEL LOFTON DIRECTOR 5.00 X 0 0 0 MEG LIFFICK DIRECTOR 5.00 X 0 0 0 MICHAEL MCKILLIP EXECUTIVE DIR. 40.00 X 90750 0 0 90750 0 0 0 0 0 0 0 15800 105649 87825 209274 152 152 2500 26390 -23890 -23890 -23890 325000 242550 82450 82450 82450 22208 15800 14625 7583 7583 ADVERTISING SALES 900099 81645 81645 DEVELOPER FEES 900099 29500 29500 OTHER INCOME 900099 6000 6000 117145 392714 0 57907 125533 X 22197 22197 191514 116516 49142 25856 91531 48441 40590 2500 1971 402 19 1550 69659 55430 13026 1203 15352 700 14652 4361 4361 600 600 5474 1236 3741 497 MISCELLANEOUS 2914 97 1361 1456 405573 249980 122531 33062 121528 61736 57500 35815 8450 2182 679219 5526 371745 673693 559223 773426 45632 26851 239655 575316 285287 602167 X 230686 126581 43250 44678 273936 171259 559223 773426 X -12859 -26326 -63492 X 0 1 X 1 0 X 221982 338477 146204 361001 193474 1261138 221982 338477 146204 361001 193474 1261138 1261138 504 504 1225 21778 30909 121930 93000 268842 1530484 0.82400 0.88310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 669500 669500 5526 -5526 9719 9719 673693 X 327867 17603 17603 310264 82450 82450 392714 430544 24971 24971 405573 0 405573 PART X, LINE 2: THE ORGANIZATION RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. THE ORGANIZATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 26,390. FUNDRAISING EXPENSE 14,625. PY ADJUSTMENTS -23,412. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAINS 82,450. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING AND RENTAL EXPENSES 24,971. MAGAZINE 38008 15800 22208 14625 MOMENTUM LUNCHEON 1 38008 15800 22208 14625 14625 7583 0 PRESIDENTIAL PROPERTIES LLC 5507 SURREY HILL ROAD INDIANAPOLIS IN 46226 452275591 7500 0 PANDEMIC RELEIF AND TECHNICAL CAPACITY BUILDING SUPPORT FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 IS APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT SERVICES AND PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 48,441. MANAGEMENT AND GENERAL EXPENSES 40,590. FUNDRAISING EXPENSES 2,500. TOTAL EXPENSES 91,531. FORM 990, PART XI, LINE 9: BOOK TO TAX ADJUSTMENT FOR GAIN -63,492.