philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Northend Properties INC FY2024 filing

Tax-deductible

Lafayette, IN501(c)(3)Since 2017Community DevelopmentEIN 82-1547582Revenue $764K in FY2024

On file with the IRSfaithlafayette.org5526 State Road 26 E, 47905-8712 · Lafayette, INTax-exempt since Aug 2017Supporting org, Type I — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The corporation is a supporting organization of faith church of lafayette, INC; is organized and will be operated at all times exclusively for the benefit of faith church of lafayette, INC., and will distribute any income IT receives, less any required payments for debt service, reserves, and expenses to faith church of lafayette, INC. The corporation also cooperates with faith community development corporation and governments to revitalize distressed neighborhoods, encourage growth,economic development, community development and stability in the greater lafayette, indiana area, and to stabilize and enhance and serve low and moderate-income neighborhoods there.

501(c)(3) charity; gifts are tax-deductible.
12¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.0M a year · 60% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
12%
of spending
Concern: 12% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $29K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13.8M
91% of total assets
Concern: liabilities are 91% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$764K
+4% vs prior year
Spent
$578K
To programs
12%
Net assets
$1.3M
By yearFY2021–FY2025
Revenue
$764K
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2021$734K
FY2022$733K
FY2023$735K
FY2024$764K
FY2025$13.5M
Expenses
$578K
FY2024▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2021$613K
FY2022$613K
FY2023$597K
FY2024$578K
FY2025$4.1M
Net assets
$1.3M
FY2024▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$846K
FY2022$966K
FY2023$1.1M
FY2024$1.3M
FY2025$10.6M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

12 cents of each dollar spent went to programs.

Program services 12% · $70K Management & general 88% · $509K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Matt Westhuis
CFO/Vice Pre
$0Pt VII · Sec A
Scott Grass
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A
Ross Reeder
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Northend Properties INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports a church and revitalizes distressed neighborhoods through community development and economic growth.

Questions for Northend Properties INC

Tap to ask. Northend Properties INC sees how many people are interested.

Your first name shows with your question. Northend Properties INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $70K · in their own filed words · FY2023
01

The corporation cooperates with faith community development corporation and governments to revitalize distressed neighborhoods, encourage growth, economic development, community development and stability in the greater lafayette, indiana area, and to stabilize and enhance and serve low and moderate-income neighborhoods there.

$70Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Faith Community Development CorporationFY2023$29K
Total grants receivedfrom 1 funder$29K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$764K
Ln 12
Gifts and grantsLn 1h$620K
Other incomeLn 4–11$142K
Investment incomeLn 3$1K
Money outPt IX
$578K
Ln 25
Programscol B$70K
Managementcol C$509K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$325
Total assetsLn 16$15.1M
LiabilitiesLn 26$13.8M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$620K
Investment incomeLn 3$1K
Other incomeLn 4–11$142K
Total revenueLn 12$764K
Assets in detailPt X, end of year
CashLn 1$299
SavingsLn 2$26
Cash and savings togetherLn 1–2$325
Land, buildings, equipmentLn 10c$11.3M
Total assetsLn 16$15.1M
LiabilitiesLn 26$13.8M
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$129K$325
Land, buildings, equipmentLn 10c$11.6M$11.3M
Total assetsLn 16$15.0M$15.1M
LiabilitiesLn 26$13.9M$13.8M
Net assetsLn 32$1.1M$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$21K$21K
InterestLn 20$172K$172K
Depreciation, depletion and amortizationLn 22$336K$336K
Other expenses (24a–d)Ln 24$34K$34K
Total functional expensesLn 25$578K$70K$509K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $13.5M$4.1M$9.3M$10.6M 990 PDF
FY2024 Viewing $764K$578K$185K$1.3M 990 PDF
FY2023 $735K$597K$138K$1.1M 990 PDF
FY2022 $733K$613K$121K$966K 990 PDF
FY2021 $734K$613K$122K$846K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $763,695 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $576,275$620,257
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,569$1,173
I-11 Other revenuePrior year $156,953$142,265
I-12 Total revenuePrior year $734,797$763,695
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $596,706$578,302
I-18 Total expensesPrior year $596,706$578,302
I-19 Revenue less expensesPrior year $138,091$185,393
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $763,695 across 5 lines filed
VIII-1d Related organizations$620,257
VIII-1h Total contributions, gifts and grants$620,257
VIII-3 Investment incomeExcluded from tax $1,173$1,173
VIII-6 Net rental income or lossExcluded from tax $142,265$142,265
VIII-12 Total revenueExcluded from tax $143,438$763,695
Part IX · Statement of functional expenses $578,302 across 5 lines filed
IX-11c Accounting feesPrograms $14,923$14,923
IX-11g Other fees for servicesPrograms $21,097$21,097
IX-20 InterestManagement $172,375$172,375
IX-22 Depreciation, depletion and amortizationManagement $336,278$336,278
IX-24 Other expenses (24a–d)Programs $33,629$33,629
IX-25 Total functional expensesPrograms $69,649 · Management $508,653 · Fundraising $0$578,302
Part X · Balance sheet $15,055,265 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $299$299
X-2 Savings and temporary cash investmentsStart of year $128,826$26
X-4 Accounts receivableStart of year $2,911,553$3,451,338
X-10c Land, buildings and equipment, netStart of year $11,627,623$11,304,356
X-14 Intangible assetsStart of year $312,257$299,246
X-16 Total assetsStart of year $14,980,558$15,055,265
X-26 Total liabilitiesStart of year $13,876,186$13,765,500
X-27 Net assets without donor restrictionsStart of year $1,104,372$1,289,765
X-32 Total net assets or fund balancesStart of year $1,104,372$1,289,765
X-33 Total liabilities and net assetsStart of year $14,980,558$15,055,265
Part XI · Reconciliation of net assets $1,289,765 net assets at year end
XI-1 Total revenue$763,695
XI-2 Total expenses$578,302
XI-3 Revenue less expenses$185,393
XI-4 Net assets at start of year$1,104,372
XI-10 Net assets at end of year$1,289,765

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.