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Filing year 2023

INNOVATION HUB BUILDING HOLDING CORPORATION

Indianapolis, Indiana·EIN 84-3721914·NTEE S47 · Community Improvement & Capacity Building·501(c)(2)
Total revenue
$1.6M
Total assets
$25.3M
Total expenses
$1.4M
Reported officers
3
Mission

IHBHC IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) UNDER FEDERAL NEW MARKET TAX CREDIT (NMTC) PROVISIONS ENGAGED IN ACTIVE CONDUCT OF A QUALIFIED BUSINESS IN A LOW-INCOME COMMUNITY MEETING STANDARDS FOR GROSS INCOME, USE OF PROPERTY, AND SERVICES PERFORMED.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Indiana.

Treasurer
Officer (Unspecified)
$57k
$63k
Secretary
Officer (Unspecified)
$47k
$52k
President
10th to 25th percentile
$34k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INNOVATION HUB BUILDING HOLDING CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about INNOVATION HUB BUILDING HOLDING CORPORATION

What does the Chief Executive Officer of INNOVATION HUB BUILDING HOLDING CORPORATION earn?

In 2023, the Chief Executive Officer of INNOVATION HUB BUILDING HOLDING CORPORATION received $34,417 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INNOVATION HUB BUILDING HOLDING CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2023 pay of the Chief Executive Officer at INNOVATION HUB BUILDING HOLDING CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at INNOVATION HUB BUILDING HOLDING CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are INNOVATION HUB BUILDING HOLDING CORPORATION's revenue and expenses?

In 2023, INNOVATION HUB BUILDING HOLDING CORPORATION reported $1.6M in total revenue and $1.4M in total expenses on its IRS Form 990.

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