Indiana Economic Development Foundation Inc
Donations deductibleIndiana Economic Development Foundation Inc's network
14 people22 organisationsi14 people and 22 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (25) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Eric J Holcomb Chair | Chair | 2024 | 2 yrs |
| Amy Schumacher | Board Member | 2023 | 3 yrs |
| Dayton Molendorp | Board Member | 2023 | 3 yrs |
| Dominic Grote | Board Member | 2023 | 3 yrs |
| Fred Merritt | Board Member | 2023 | 3 yrs |
| Joel Gorelick | Board Member | 2023 | 3 yrs |
| John Lechleiter | Board Member | 2023 | 3 yrs |
| John Thompson | Board Member | 2023 | 3 yrs |
| Kristin Marcuccilli | Board Member | 2023 | 3 yrs |
| Linda E White | Board Member | 2023 | 3 yrs |
| Mark Miles | Board Member | 2023 | 3 yrs |
| Michael Kubacki | Board Member | 2023 | 3 yrs |
| Rick Johnson | Board Member | 2023 | 3 yrs |
| Sue McCloskey | Board Member | 2023 | 3 yrs |
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brad Chambers | Iedc Secretary of Commerce | since 2023 |
| David Rosenberg | Iedc Exec. VP | since 2023 |
| Heidi Babkowski | Iedc Treasurer | since 2023 |
| Robert Paglia | Iedc CFO (End July 2022) | 2023 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Eric J Holcomb | Chair (End Jan 2025) | 1 | $0 | ||
| Mike Braun | Chair (Start Jan 2025) | 1 | $0 | ||
| Linda E White | Board Member | 1 | $0 | ||
| Michael Kubacki | Board Member | 1 | $0 | ||
| Joel Gorelick | Board Member | 1 | $0 | ||
| Dayton Molendorp | Board Member | 1 | $0 | ||
| Mark Miles | Board Member | 1 | $0 | ||
| Fred Merritt | Board Member | 1 | $0 | ||
| Amy Schumacher | Board Member | 1 | $0 | ||
| Dominic Grote | Board Member | 1 | $0 | ||
| John Lechleiter | Board Member | 1 | $0 | ||
| Sue McCloskey | Board Member | 1 | $0 | ||
| Richard Waterfield | Board Member (Start Jun 2025) | 1 | $0 | ||
| Gus Olympidis | Board Member (Start Jun 2025) | 1 | $0 | ||
| Billie Dragoo | Board Member (Start Jun 2025) | 1 | $0 | ||
| George Thomas | Board Member (Start Jun 2025) | 1 | $0 | ||
| Don Lamb | Board Member (Start Jun 2025) | 1 | $0 | ||
| David Fagan | Board Member (Start Jun 2025) | 1 | $0 | ||
| Greg Gibson | Board Member (Start Jun 2025) | 1 | $0 | ||
| Chris King | Board Member (Start Jun 2025) | 1 | $0 | ||
| John Gregg | Board Member (Start Jun 2025) | 1 | $0 | ||
| Rick Johnson | Board Member (End Jan 2025) | 1 | $0 | ||
| Kristin Marcuccilli | Board Member (End Jan 2025) | 1 | $0 | ||
| John Thompson | Board Member (End June 2025) | 1 | $0 | ||
| David Adams | Iedc Secretary (Start Jan 2025) | 1 | $0 | ||
| Mike Daniel | Iedc Treas. (Start June 2025) | 1 | $0 | ||
| Robert Paglia | Iedc Treas. (Feb 2025 - June 2025) | 1 | $0 | $217k | $50k |
| Heidi Babkowski | Iedc Treas. (End Feb 2025) | 1 | $0 | $180k | $45k |
| David Roseberg | Iedc Secretary (End Jan 2025) | 1 | $0 | $298k | $59k |
About
- Legal name
- Indiana Economic Development Foundation Inc
- EIN
- 202664607
- Address
- 1 North Capital Ave, Indianapolis, IN, 46204-2026
- State
- Indiana
- Mission
- To promote industrial and business development, diversification of indiana's economy, and overall economic growth of indiana; to promote the retention, expansion, growth, and modernization of indiana's businesses; to promote the creation of new jobs, retention of existing jobs, and the development of entrpreneurial activities in indiana; and otherwise to assist the governor and the indiana... (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 2005
- Principal officer
- Joshua Richardson (as named on the Form 990)
- IRS ruling date
- 1 March 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥3years on the filingsAmy Schumacher
≥3years on the filingsDayton Molendorp
≥3years on the filingsDominic Grote
≥3years on the filingsFred Merritt
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $2.2m
- Total liabilities
- $265k
- Net assets or fund balances
- $1.9m
- Contributions and grants received
- $306k
- Program service revenue
- $0
- Grants and similar paid out
- $11k
- Employees
- 0
- Volunteers
- 22
Filed finances
2 yearsiTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $3.2m | $1.2m | $2.1m |
| 2022 | $1.6m | $2.3m | Deficit $683k |
As filed on the IRS Form 990. US dollars.