INDIANAPOLIS MINISTRIES I, INC. (IM1I), IS A NOT-FOR-PROFIT CORPORATION FORMED ON SEPTEMBER 25, 2015, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF INDIANA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 74-UNIT COMMUNITY LOCATED IN INDIANAPOLIS, INDIANA, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW INCOME ELDERLY OR DISABLED PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE AND CAPITAL ADVANCES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Colorado.
| Position | Total |
|---|---|
Vice President/director 25th percentile to median | $35k $38k |
Vice President/director 25th percentile to median | $31k $34k |
Vice President 10th to 25th percentile | $28k $30k |
Vice President Below 10th percentile | $12k $13k |
President Below 10th percentile | $12k $13k |
Secretary/director Officer (Unspecified) | $10k $11k |
Treasurer 25th percentile to median | $10k $11k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at INDIANAPOLIS MINISTRIES 1 INC equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 5%
from 2023
From $34k in 2023 to $35k in 2024.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 16%.
- Vice President pay rose 7% from 2023 to 2024.
- Chief Financial Officer pay rose 17% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about INDIANAPOLIS MINISTRIES 1 INC
What does the Chief Executive Officer of INDIANAPOLIS MINISTRIES 1 INC earn?
In 2024, the Chief Executive Officer of INDIANAPOLIS MINISTRIES 1 INC received $35,478 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Colorado, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INDIANAPOLIS MINISTRIES 1 INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Colorado, the 2024 pay of the Chief Executive Officer at INDIANAPOLIS MINISTRIES 1 INC falls between the 25th percentile and the median. In 2024, the highest total compensation at INDIANAPOLIS MINISTRIES 1 INC equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are INDIANAPOLIS MINISTRIES 1 INC's revenue and expenses?
In 2024, INDIANAPOLIS MINISTRIES 1 INC reported $859k in total revenue and $719k in total expenses on its IRS Form 990.
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