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Filing year 2024

INDIANAPOLIS MINISTRIES 1 INC

Denver, Colorado·EIN 47-5178092·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$859k
Total assets
$2.4M
Total expenses
$719k
Reported officers
7
Mission

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.

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.

Browse compensation in Housing & Shelter

Pay in context

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%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
3% to 16%

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.

$34k
2023
$35k
2024
In today's dollarsEst.
Up 3% in real terms$37k to $38k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 16%.

$34k in 2023 to $35k in 2024.
  • 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

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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