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MISSION

The purposes for which the corporation is organized and shall operate are to assist individuals and communities with business and entrepreneurship education to help people start, build, and scale lasting businesses.

 FORM 1023-EZ for INDY IDEA HUB

INDYIDEAHUB.ORG

DEMOGRAPHIC

ADDRESS
145 S MAIN STREET
97351
COUNTY
polk county, OR

ORGANIZATIONAL OVERVIEW & RANKINGS

INDY IDEA HUB is a based in INDEPENDENCE, OR, focused on Community Improvement, Capacity Building causes , specifically Rural Development. Established in May 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $61,187.00, this ranks 552,991 among 2,656,690 nonprofits nationally (Top 21%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 8,149 out of 36,951 organizations in OR (Top 23%).

In polk county, OR, the organization ranks 75 out of 541 nonprofits by assets (Top 13%), while locally in independence, it stands at 11 among 61 organizations (Top 11%).

The organization reported annual revenue of $66,642.00, ranking 457,800 nationally (Top 18%) and 7,458 in OR (Top 21%).

Within its specific NTEE classification (S32 - S: Community Improvement, Capacity Building), which includes 712 similar organizations, INDY IDEA HUB ranks 195 in assets (Top 27%) and 170 in revenue (Top 23%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year. Additional information can be found at INDYIDEAHUB.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S32: Rural Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$66,642.00
FORM 990 REVENUE AMOUNT
$66,642.00
RULING DATE
05/2024
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$61,187.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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