Nonprofit · EIN 31-1158610
MIBOR FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $463,085 | $613,803 | -$150,718 | $2,554,292 | $177,065 | $2,377,227 |
| December 31, 2023 | 990 | $383,279 | $583,715 | -$200,436 | $2,360,963 | $117,445 | $2,243,518 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $289,730
- Program service revenue
- $0
- Investment income
- $59,741
- Net income from fundraising events
- $111,614
- Other revenue
- $113,614
Expenses
- Grants and similar amounts paid
- $320,441
- Other salaries and wages
- $230,423
- Salaries, compensation and benefits (total)
- $230,423
- Professional fundraising fees
- $0
- Accounting fees
- $11,435
- Program services (functional)
- $385,313
- Management and general (functional)
- $90,236
- Fundraising (functional)
- $138,254
Balance sheet and other
- Total assets, start of year
- $2,360,963
- Total assets, end of year
- $2,554,292
- Total liabilities, end of year
- $177,065
- Net assets, end of year
- $2,377,227
- Publicly traded securities
- $2,468,636
- Net assets without donor restrictions
- $1,945,793
- Net assets with donor restrictions
- $431,434
- Gross receipts
- $594,422
- Employees
- 0
- Volunteers
- 100
- Year formed
- 1984
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHELLEY SPECCHIO | EXECUTIVE DIRECTOR Officer | 1 | $0 | $350,099 | $53,116 |
| FRANCES WILLIAMS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| KATIE MALOTT | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| BRANDON WARFIELD | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| RANDY SURETTE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| JAHANA STRAWTHER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| JAMIE SARGENT | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DOUG DILLING | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| LYNN MURRAY | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MICHELLE HAMMES | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| KYLE MORRIS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| KRISTIN DIXON | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| VAL PENN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| RACHEL CAMPBELL | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DANIELLE COLEMAN | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE JOHNSON | DIRECTOR Trustee or director | 0 | $0 |
| MICHAEL ALBRECHT | DIRECTOR Trustee or director | 0 | $0 |
| TERRY WAGGONER | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHELLEY SPECCHIO | EXECUTIVE DIRECTOR Officer | 1 | $0 | $327,497 | $58,149 |
| FRANCES WILLIAMS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| KATIE MALOTT | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| NANCY MUTCHMORE | PAST PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| RANDY SURETTE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| JAHANA STRAWTHER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| JAMIE SARGENT | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| AMIE DRUDGE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| LYNN MURRAY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| MICHELLE HAMMES | PRESIDENT ELECT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MARCIE KNAFEL | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| KRISTIN DIXON | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| DONA KYLER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| RACHEL FREITAS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DANIELLE COLEMAN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| LINDSAY MCATEER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| MICHAEL ALBRECHT | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| TERRY WAGONNER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| KATIE GRIFFIN | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1912 N MERIDIAN ST, INDIANAPOLIS, IN 46202-1304
- Principal officer (990 for 2024)
- SHELLEY SPECCHIO, 1912 NORTH MERIDIAN, INDIANAOPLIS, IN 46202
- Signed the 990
- SHELLEY SPECCHIO, EXECUTIVE DIRECTOR
- Phone
- (317) 956-5000
- Website
- WWW.REALTORFOUNDATION.ORG
- Return prepared by
- BARNES DENNIG & CO LTD
Mission
TO RAISE FUNDS AND FOSTER SUPPORT FOR ORGANIZATIONS TRANSITIONING CENTRAL INDIANA'S HOMELESS TO SAFE AND SECURE HOUSING.
Program accomplishments
- THE REALTOR FOUNDATION SUPPORTS ORGANIZATIONS IN CENTRAL INDIANA WHO SERVE AND HOUSE OUR HOMELESS NEIGHBORS. RANGING FROM VICTIMS OF DOMESTIC VIOLENCE TO MEN WITH MEDICAL NEEDS AND ENTIRE FAMILIES, THE FOUNDATION'S GRANT RECIPIENTS JUST NEED A HELPING HAND.Expenses $385,313 · grants $320,441
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1158610
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,554,292
- Income (IRS master file)
- $594,422
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $463,085 | $613,803 | $2,554,292 | XML |
| 990 | December 2023 | $383,279 | $583,715 | $2,360,963 | XML |
| 990 | December 2022 | $497,337 | $551,952 | $2,353,215 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1158610).
Questions about MIBOR FOUNDATION INC
- What is the EIN of MIBOR FOUNDATION INC?
- The employer identification number (EIN) of MIBOR FOUNDATION INC is 31-1158610.
- Is MIBOR FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to MIBOR FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIBOR FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MIBOR FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIBOR FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MIBOR FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SHELLEY SPECCHIO.
- Who are the officers and directors of MIBOR FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does MIBOR FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $463,085, expenses of $613,803 and total assets of $2,554,292 at year end.
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