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CICP FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CICP FOUNDATION INC (EIN 35-2065457)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-04
IRS object ID
202312779349300126
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-04T13:04:29-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352123203PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN352065457EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CICP FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCICPBusinessNameControlTxt
Phone3175324802PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11210 WATERWAY BLVD 5000AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLATOYA ALEXANDER BOTTERONPersonNm
Person TitlePRESIDENT AND CFOPersonTitleTxt
Phone3175324802PhoneNum
Signature2023-09-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLATOYAPersonFirstNm
Person LastALEXANDER BOTTERONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCASSE TATEPreparerPersonNm
PTINP01271193PTIN
Phone3175802000PhoneNum
Preparation2023-09-06PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLATOYA A BOTTERONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11210 WATERWAY BLVD 5000AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$22,354,287GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CICPINDIANA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionCICP FOUNDATION, INC. (THE FOUNDATION) OPERATES EXCLUSIVELY FOR THE BENEFIT OF AND CARRIES OUT THE MISSION OF CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) BY ENGAGING IN AND SUPPORTING ACTIVITIES IN FURTHERANCE OF PURPOSES THAT ARE CHARITABLE, EDUCATIONAL OR OTHERWISE DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers64TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$39,597,621PYContributionsGrantsAmt
CY Contributions Grants$21,827,537CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$50,981PYInvestmentIncomeAmt
CY Investment Income$517,983CYInvestmentIncomeAmt
PY Other Revenue$104,737PYOtherRevenueAmt
CY Other Revenue$8,767CYOtherRevenueAmt
PY Total Revenue$39,753,339PYTotalRevenueAmt
CY Total Revenue$22,354,287CYTotalRevenueAmt
PY Grants And Similar Paid$17,462,872PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,347,638CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$707,933CYTotalFundraisingExpenseAmt
PY Other Expenses$21,921,147PYOtherExpensesAmt
CY Other Expenses$18,155,461CYOtherExpensesAmt
PY Total Expenses$39,384,019PYTotalExpensesAmt
CY Total Expenses$21,503,099CYTotalExpensesAmt
PY Revenues Less Expenses$369,320PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$851,188CYRevenuesLessExpensesAmt
Total Assets BOY$75,472,959TotalAssetsBOYAmt
Total Assets EOY$59,493,822TotalAssetsEOYAmt
Total Liabilities BOY$71,150,961TotalLiabilitiesBOYAmt
Total Liabilities EOY$54,574,576TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,321,998NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,919,246NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCICP FOUNDATION, INC. (THE FOUNDATION) OPERATES EXCLUSIVELY FOR THE BENEFIT OF AND CARRIES OUT THE PURPOSES OF CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) BY ENGAGING IN AND SUPPORTING ACTIVITIES IN FURTHERANCE OF PURPOSES THAT ARE CHARITABLE, EDUCATIONAL OR OTHERWISE DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE. CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) IS AN ALLIANCE OF INDIANA'S BUSINESS AND RESEARCH UNIVERSITY LEADERS COMING TOGETHER TO FOSTER LONG-TERM PROSPERITY FOR THE REGION. CICP'S MISSION IS TO TRANSFORM THE ECONOMY OF INDIANA IN ORDER TO CREATE SUSTAINABLE PROSPERITY AND QUALITY OF LIFE FOR OUR CITIZENS AND FUTURE GENERATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,146,781ExpenseAmt
Grant$364,000GrantAmt
DescANALYTIXIN, A STRATEGIC INITIATIVE OF CICP, IS INDIANA'S PLACE-FOCUSED COLLABORATION TO DRIVE SUSTAINED INNOVATION BY CONNECTING UNIVERSITY ASSETS AND TALENT WITH INDUSTRY IN THE AREAS OF DATA SCIENCES, INCLUDING DIGITAL, ARTIFICIAL INTELLIGENCE (AI) AND ADVANCED ANALYTIC CAPABILITIES WITH A FOCUS ON LIFE SCIENCES AND MANUFACTURING. IN 2022, ANALYTIXIN MADE FOUNDATIONAL PROGRESS IN THE DEVELOPMENT OF THEIR LIFE SCIENCES AND MANUFACTURING DATA ASSETS. A COLLABORATION INVOLVING BIOCROSSROADS, ELI LILLY AND COMPANY, IU HEALTH, THE INDIANA BIOBANK WITHIN THE IU SCHOOL OF MEDICINE, THE INDIANA HEALTH INFORMATION EXCHANGE, AND OTHER PARTNERS, IS BUILDING A SHARED HEALTHDATA PLATFORM LINKING CONSENTED CLINICAL AND GENOMIC PATIENT DATA AND IS PARTNERING WITH THE WORLD-RENOWNED BROAD INSTITUTE TO CONNECT WITH NATIONAL INITIATIVES. CONEXUS INDIANA BROUGHT TOGETHER THE ANALYTIXIN ACADEMIC PARTNERS - INDIANA UNIVERSITY, PURDUE UNIVERSITY AND THE UNIVERSITY OF NOTRE DAME - TO WORK WITH EACH OTHER AND WITH INDUSTRY TO INCREASE FACTORY EFFICIENCY AND ENHANCE SUSTAINABILITY IN DIFFERENT MANUFACTURING SECTORS USING ADVANCED ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML) TECHNOLOGIES. THE MANUFACTURING DATA DEVELOPMENT WORK IS ALSO BEING SUPPORTED BY THE EMERGING MANUFACTURING COLLABORATION CENTER (EMC2) AND AMAZON WEB SERVICES (AWS). THE THREE ACADEMIC PARTNERS HAVE CONTINUED TO RECRUIT TOP DATA SCIENCE RESEARCHERS TO THEIR UNIVERSITIES TO BUILD THEIR CAPABILITIES AND TO DEVELOP MORE CRUCIAL TALENT FOR INDIANA. ANALYTIXIN IS PRIMARILY ENABLED BY A $36 MILLION GRANT FROM LILLY ENDOWMENT INC. TO THE CICP FOUNDATION. VISIT WWW.ANALYTIXINDIANA.COM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,574,232ExpenseAmt
Grant$1,398,874GrantAmt
DescASCEND INDIANA, A BRANDED INITIATIVE OF CICP, IS COMMITTED TO MAKING INDIANA A PLACE OF ECONOMIC OPPORTUNITY FOR ALL. ASCEND CONNECTS JOB SEEKERS TO GOOD AND PROMISING CAREER OPPORTUNITIES THROUGH AN INNOVATIVE JOB MATCHING PLATFORM, THE ASCEND NETWORK; CATALYZES PARTNERSHIPS AND PROVIDES CONSULTING SERVICES TO MEET HIGH-DEMAND WORKFORCE NEEDS THROUGH ASCEND SERVICES; AND CONDUCTS RESEARCH THROUGH ASCEND INSIGHTS TO ENABLE SYSTEMS-LEVEL CHANGE THAT POSITIVELY IMPACTS INDIVIDUALS THROUGHOUT THE STATE. ASCEND INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.ASCENDINDIANA.COM.THE ASCEND NETWORK (NETWORK) IS AN INNOVATIVE JOB MATCHING PLATFORM THAT CONNECTS JOB SEEKERS WITH GOOD AND PROMISING JOBS, WHILE HELPING INDIANA EMPLOYERS FIND AND HIRE QUALIFIED CANDIDATES. THROUGH THE NETWORK, ASCEND HAS PROVIDED NEARLY 23,000 CAREER NAVIGATION ACTIVITIES TO STUDENTS AND JOB SEEKERS THROUGH THE CREATION OF A NETWORK PROFILE OR ONE-ON-ONE MEETING WITH A CAREER MENTOR. OVER 50% ARE INDIVIDUALS OF COLOR, FROM LOW-INCOME BACKGROUNDS, AND/OR FIRST-GENERATION COLLEGE STUDENTS. ALTOGETHER, THE NETWORK HAS CONNECTED OVER 2,200 INDIVIDUALS WITH GOOD AND PROMISING JOB OPPORTUNITIES IN THE STATE. ASCEND PARTNERS WITH EMPLOYINDY ON A PILOT APPRENTICESHIP PROGRAM IN MARION COUNTY, MODERN APPRENTICESHIP (MAP). ASCEND PROVIDES KEY PLANNING, PROGRAM MANAGEMENT, AND EMPLOYER ENGAGEMENT SUPPORT ALONGSIDE EMPLOYINDY TO DEVELOP, LAUNCH, AND SCALE MAP. MOMENTUM HAS BEEN BUILDING IN INDIANA TO DEVELOP MODELS FOR BETTER CONNECTING EMPLOYERS AND EDUCATION PROVIDERS. MODERN YOUTH APPRENTICESHIPS ARE A THREE-YEAR WORK-BASED LEARNING EXPERIENCE STARTING IN HIGH SCHOOL WHICH COMBINES PAID EMPLOYMENT, ON-THE-JOB LEARNING, RELATED ACADEMICS AND ALIGNED COLLEGE CREDIT, AND INDUSTRY-RECOGNIZED CREDENTIALS TO PREPARE STUDENTS FOR IN-DEMAND CAREERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$781,878ExpenseAmt
Grant$0GrantAmt
DescAGRINOVUS INDIANA, A BRANDED INITIATIVE OF CICP, IS FOCUSED ON ADVANCING THE AGBIOSCIENCES SECTOR AS A NATIONALLY RECOGNIZED LEADER THROUGH EDUCATION, RESEARCH AND TALENT DEVELOPMENT; STRATEGIC COLLABORATIONS AMONG CORPORATIONS, INDUSTRY ASSOCIATIONS, GOVERNMENT AND UNIVERSITIES; THE CREATION AND SUPPORT OF NEW COMPANIES; AND BRANDING AND TARGETED PROMOTIONS TO ELEVATE THE SECTOR. AGRINOVUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.AGRINOVUSINDIANA.COM. AGRINOVUS' PODCAST TO EDUCATE, INFORM AND INSPIRE AUDIENCES ABOUT THE PEOPLE, PRODUCTS AND INNOVATIONS ACROSS FOOD, ANIMAL HEALTH, PLANT SCIENCE AND AGTECH ENTERED ITS FIFTH SEASON IN 2022 AND WAS NAMED ONE OF THE TOP FIVE AGTECH PODCASTS GLOBALLY BY FEEDSPOT. AGRINOVUS' QUARTERLY CONVENING EVENT SERIES, QUADRANT, FEATURED PANEL CONVERSATIONS, START-UP SPOTLIGHTS, AND THOUGHT-PROVOKING SPEAKERS HIGHLIGHTING AGBIOSCIENCE IN INDIANA AND WELCOMED MORE THAN 350 ATTENDEES IN TOTAL. FIELD ATLAS, AN ONLINE CAREER EXPLORATION PLATFORM, GREW ONLINE USERS BY 16 PERCENT FUELED BY A NETWORK OF 11 ON-CAMPUS STUDENT AMBASSADORS ACROSS INDIANA THAT INITIATED DISCUSSIONS AND ACTIVITIES TO HELP CONNECT YOUNG TALENT TO FIELDS OF STUDY BASED ON THEIR INTEREST, POTENTIAL CAREERS, AGBIOSCIENCE COMPANIES IN INDIANA AND REAL-TIME JOBS AND INTERNSHIPS VIA THE AGRINOVUS-HOSTED JOB BOARD.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$9,168,688ExpenseAmt
Grant$1,584,764GrantAmt
Revenue$8,767RevenueAmt
DescBIOCROSSROADS, A BRANDED INITIATIVE OF CICP, GROWS, ADVANCES AND INVESTS IN THE LIFE SCIENCES, A PUBLIC-PRIVATE COLLABORATION THAT SUPPORTS THE REGION'S EXISTING RESEARCH AND CORPORATE STRENGTHS WHILE ENCOURAGING NEW BUSINESS DEVELOPMENT. BIOCROSSROADS INVESTS CAPITAL AND PROVIDES SUPPORT TO LIFE SCIENCES BUSINESSES, LAUNCHES NEW LIFE SCIENCES ENTERPRISES (INDIANA BIOSCIENCES RESEARCH INSTITUTE, 16 TECH, INDIANA HEALTH INFORMATION EXCHANGE, AND ORTHOWORX ), EXPANDS COLLABORATION AND PARTNERSHIPS AMONG INDIANA'S LIFE SCIENCE INSTITUTIONS, PROMOTES SCIENCE EDUCATION AND MARKETS INDIANA'S LIFE SCIENCES INDUSTRY. BIOCROSSROADS' CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.BIOCROSSROADS.COM. BIOCROSSROADS UNDERTOOK AN AMBITIOUS YEAR OF COORDINATING AND RELEASING TEN PUBLICATIONS FEATURING CAPITAL AND ECONOMIC IMPACT REPORTS, PROFILES OF INNOVATORS AND CHANGE MAKERS, AND REPORTS TRACKING THE ORGANIZATION'S TWO DECADES OF WORK. BIOCROSSROADS ANNUAL INDIANA LIFE SCIENCES SUMMIT WAS A 20TH CELLEBRATION ANNIVERSARY EVENT WHICH HIGHLIGHTED THE IMPACT AND IMPORTANCE OF INDIANA'S LIFE SCIENCES INDUSTRY ON THE PEOPLE WHO BENEFIT FROM THEIR INNOVATIONS. BIOCROSSROADS ALSO DEVELOPED FIVE FRAMEWORX SESSIONS TO DELIVER RELEVANT AND UNIQUE CONTENT TO ONLINE AND IN-PERSON AUDIENCES: 1) SOCIAL DETERMINANTS OF HEALTH: HOW CAN WE MAKE COLLECTIVE IMPACT IN INDIANA?, 2) INDIANAPOLIS MOTOR SPEEDWAY & INDIANA LIFE SCIENCES: A LEGACY OF INNOVATION, 3) CAREERS IN LIFE SCIENCES, 4) IMPACT OF HEALTHCARE AND LIFE SCIENCES IN THE UPLAND REGION, AND 5) CANCER DIAGNOSTICS. CONEXUS INDIANA, A BRANDED INITIATIVE OF CICP, HAS BEEN POSITIONING THE HOOSIER STATE AS THE BEST PLACE FOR ADVANCED MANUFACTURING AND LOGISTICS INDUSTRIES TO INNOVATE, INVEST, EMPLOY AND SUCCEED FOR MORE THAN A DECADE. BY COLLABORATING WITH INDUSTRY, ACADEMIC AND PUBLIC SECTOR PARTNERS ON A SHARED VISION FOR AN INNOVATIVE, SKILLED WORKFORCE AND STRONGER BUSINESS CLIMATE, CONEXUS INDIANA HAS HELPED TO CREATE OPPORTUNITIES FOR ADVANCED MANUFACTURING AND LOGISTICS COMPANIES, PREPARE HOOSIERS TO SUCCEED IN THE STATE'S LARGEST INDUSTRY SECTORS AND MAINTAIN INDIANA'S COMPETITIVE ADVANTAGE. CONEXUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.CONEXUSINDIANA.COM. THE CONEXUS INDIANA CATAPULT PROGRAM IS A 160-HOUR CLASS THAT GIVES HOOSIERS THE SKILLS THEY NEED TO WORK IN ADVANCED MANUFACTURING AND LOGISTICS. CATAPULT EMPLOYS A BALANCE OF CLASSROOM INSTRUCTION AND HANDS-ON EXPERIENCE TO PREPARE PARTICIPANTS FOR FULFILLING CAREERS. NEARLY 70% OF CATAPULT ENROLLEES GRADUATE FROM THE PROGRAM, AND COLLABORATIONS WITH EMPLOYERS LEAD TO NINE OUT OF 10 OF THOSE GRADUATES RECEIVING AT LEAST ONE JOB OFFER. PARTNERING WITH IVY TECH, TEENWORKS, GOODWILL, CROSSING SCHOOL, GREATER LAFAYETTE CAREER ACADEMY, PATHWAYS TOGETHER (WHICH HELPS REFUGEES AND IMMIGRANTS) AND OTHER ORGANIZATIONS, CATAPULT GIVES STUDENTS BOTH TANGIBLE SKILLS AND SOFT SKILLS REQUIRED FOR JOB PLACEMENT AND LONG-TERM CAREER SUCCESS. ONE OF THE STRONGEST PROOFS OF THE PROGRAM'S IMPACT IS SEEN AT THE BRANCHVILLE CORRECTIONAL FACILITY, WHERE THE FIRST 93 GRADUATES OF CATAPULT HAD A RECIDIVISM RATE THAT'S ONE-THIRD OF THE STATEWIDE RATE. BUILDING ON THE SUCCESS OF ENTREPRENEURS MANUFACTURING READINESS GRANTS, CONEXUS INDIANA AND THE GOVERNOR'S WORKFORCE CABINET LAUNCHED THE EDUCATION READINESS GRANTS PROGRAM TO ENSURE MORE HIGH SCHOOL STUDENTS HAVE ACCESS TO THE CUTTING EDGE ADVANCED TECHNOLOGIES BEING DEPLOYED BY LOCAL MANUFACTURERS. IN 2022, THE PROGRAM AWARDED NEARLY A HALF-MILLION DOLLARS TO SCHOOLS AND SCHOOL CORPORATIONS ACROSS THE STATE, SUPPORTING THE PURCHASE OF EQUIPMENT AND THE DEVELOPMENT OF CURRICULA. AS PART OF ITS FOCUS TO DOUBLE DOWN ON K-12 EDUCATION, CONEXUS INDIANA LAUNCHED STUDENT INDUSTRIES, A PROGRAM THAT STRENGTHENS THE IMPACT OF SCHOOL-BASED ENTERPRISES. THE CONEXUS INDIANA STUDENT INDUSTRIES INITIATIVE CONNECTED MORE THAN 100 EDUCATORS, STUDENTS AND BUSINESS LEADERS IN 2022, KICKING OFF A STATEWIDE NETWORK THAT PROMISES TO ENGAGE MORE STUDENTS IN MEANINGFUL WORK AND PREPARE THEM TO SUCCEED IN THE WORKFORCE. SCHOOL-BASED ENTERPRISES (SBE) ARE STUDENT-RUN VENTURES THAT OPERATE AS SMALL-SCALE MANUFACTURING FIRMS WITHIN SCHOOL WALLS, WITH STUDENTS DESIGNING, PRODUCING AND SELLING PRODUCTS RANGING FROM T-SHIRTS AND TROPHIES TO EQUIPMENT PURCHASED BY MUNICIPALITIES AND PARTS FABRICATED FOR LARGE COMMERCIAL CLIENTS. OFTEN USING EQUIPMENT AND PROCESSES PROVIDED OR SUPPORTED BY LOCAL MANUFACTURING FIRMS AND WITH MENTORING PROVIDED BY LOCAL PROFESSIONALS, THE SBES EXPOSE STUDENTS TO VIRTUALLY EVERY ASPECT OF ADVANCED MANUFACTURING OPERATIONS, FROM HANDS-ON PRODUCTION AND HIGH-TECH MACHINE PROGRAMMING TO MARKETING AND DISTRIBUTION. TECHPOINT, A BRANDED INITIATIVE OF CICP, IS THE INDUSTRY-LED GROWTH INITIATIVE FOR INDIANA'S DIGITAL INNOVATION ECONOMY AND OVERALL TECH ECOSYSTEM FOCUSED ON WORKING WITH PUBLIC, PRIVATE AND INDUSTRY PARTNERS TO EXPAND TECH TALENT PIPELINE, ENHANCE RESOURCE CONNECTIVITY FOR ENTERPRISE ORGANIZATIONS AND STARTUPS ALIKE, AND ELEVATE THE INDUSTRY BY ACTIVATING THE COMMUNITY AND AMPLIFYING STORIES OF SUCCESS. TECHPOINT'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.TECHPOINT.COM. TECHPOINT CONTINUED ITS FOCUS ON RECRUITING AND RETAINING TOP TECH-SKILLED STUDENTS, POST-GRADUATES AND CAREER CHANGERS, PRIMARILY THROUGH THE XTERN PROGRAM (LAUNCHED IN 2014) WHICH IS DESIGNED TO ATTRACT AND RETAIN ENTRY LEVEL TALENT WHILE ENCOURAGING THEM TO VIEW INDIANA AS A GREAT PLACE TO BEGIN OR GROW THEIR TECH CAREERS. THE 2022 XTERN CLASS INCLUDED 139 STUDENTS FROM 17 STATES, 7 FOREIGN COUNTRIES AND 27 U.S. UNIVERSITIES. THE S.O.S. CHALLENGE WAS REBRANDED AS THE PITCH FOR 2022 WITH A CLASS COMPOSED OF 94 STUDENTS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$9,168,688TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$1,584,764TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$8,767TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$18,671,579TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document73IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLATOYA ALEXANDER BOTTERONPersonNm
Phone3175324802PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11210 WATERWAY BLVD SUITE 5000AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
TOM LINEBARGER
CHAIR1.00Yes (X)Yes (X)$0$0$0
BRYAN MILLS
VICE CHAIR/TREASURER1.00Yes (X)Yes (X)$0$0$0
STEPHEN FERGUSON
SECRETARY1.00Yes (X)Yes (X)$0$0$0
GAIL BOUDREAUX
AT-LARGE1.00Yes (X)$0$0$0
SUE ELLSPERMANN
AT-LARGE1.00Yes (X)$0$0$0
JEFF HARRISON
AT-LARGE1.00Yes (X)$0$0$0
MARK HILL
AT-LARGE1.00Yes (X)$0$0$0
JEFF SMULYAN
AT-LARGE1.00Yes (X)$0$0$0
CONNIE BOND STUART
IMMED PAST CHAIR1.00Yes (X)$0$0$0
DAVID LAWTHER JOHNSON
CEO, CICP20.00Yes (X)$0$751,187$68,56220.00
LATOYA ALEXANDER BOTTERON
PRESIDENT AND CFO, CICP16.00Yes (X)$0$395,587$85,45924.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,146,774TotReportableCompRltdOrgAmt
Total Other Compensation$154,021TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LEAF SOFTWARE SOLUTIONS INC
14300 CLAY TERRACE BLVD STE 200CARMELIN46032DEVELOPMENT OF ONLINE TALENT PORTALS$876,855
TECONOMY PARTNERS LLC
1355 OAKVIEW DRIVECOLUMBUSOH43235ECONOMY AND TECHNOLOGY SECTOR RESEARCH$403,500
FAEGRE DRINKER BIDDLE & REATH LLP
PO BOX 856522MINNEAPOLISMN554856522LEGAL SERVICES$179,840
CHAD TIMMERMAN
355 EAST OHIO STREETINDIANAPOLISIN46204RESEARCH CONSULTING FEES$162,852
DEPARTMENT OF CREATIVE (US DEPARTMENT
PO BOX 1551INDIANAPOLISIN462061551COMMUNCATIONS & WEBSITES DEVELOPMENT$144,753
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$512,273GovernmentGrantsAmt
All Other Contributions$21,315,264AllOtherContributionsAmt
Total Contributions$21,827,537TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$517,983TotalRevenueColumnAmt
Exclusion$517,983ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$8,767TotalRevenueColumnAmt
Related Or Exempt Func Income$8,767RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$8,767OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,354,287TotalRevenueColumnAmt
Related Or Exempt Func Income$8,767RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$517,983ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,043,180TotalAmt
Program Services$3,043,180ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$15,090TotalAmt
Program Services$15,090ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$289,368TotalAmt
Program Services$289,368ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$176,994TotalAmt
Management And General$176,994ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$40,712TotalAmt
Management And General$40,712ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$506,766TotalAmt
Program Services$383,809ProgramServicesAmt
Management And General$110,944ManagementAndGeneralAmt
Fundraising$12,013FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$863,780TotalAmt
Program Services$689,544ProgramServicesAmt
Management And General$139,750ManagementAndGeneralAmt
Fundraising$34,486FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$392,885TotalAmt
Program Services$341,239ProgramServicesAmt
Management And General$32,755ManagementAndGeneralAmt
Fundraising$18,891FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$129,308TotalAmt
Program Services$112,310ProgramServicesAmt
Management And General$10,780ManagementAndGeneralAmt
Fundraising$6,218FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$613,061TotalAmt
Program Services$522,458ProgramServicesAmt
Management And General$63,851ManagementAndGeneralAmt
Fundraising$26,752FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$60,256TotalAmt
Program Services$52,335ProgramServicesAmt
Management And General$5,024ManagementAndGeneralAmt
Fundraising$2,897FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$54,646TotalAmt
Program Services$47,462ProgramServicesAmt
Management And General$4,556ManagementAndGeneralAmt
Fundraising$2,628FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$24,867TotalAmt
Program Services$21,598ProgramServicesAmt
Management And General$2,073ManagementAndGeneralAmt
Fundraising$1,196FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SHARED EMPLOYEES$10,770,277$8,659,576$1,518,200$592,501
PROJECT EXPENSE$4,306,631$4,306,631
DUES & SUBSCRIPTIONS$215,278$186,979$17,948$10,351

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$21,503,099TotalAmt
Program Services$18,671,579ProgramServicesAmt
Management And General$2,123,587ManagementAndGeneralAmt
Fundraising$707,933FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,913,193BOYAmt
EOY$2,854,437EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$71,556,909BOYAmt
EOY$56,637,251EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,857BOYAmt
EOY$2,134EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$75,472,959BOYAmt
EOY$59,493,822EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,061,452BOYAmt
EOY$959,974EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$70,053,284BOYAmt
EOY$53,418,989EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$36,225BOYAmt
EOY$195,613EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$71,150,961BOYAmt
EOY$54,574,576EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,321,998BOYAmt
EOY$4,919,246EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,321,998BOYAmt
EOY$4,919,246EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$75,472,959BOYAmt
EOY$59,493,822EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$851,188ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$253,940OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CENTRAL INDIANA CORPORATE PARTNERSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN352065459EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$15,402,441SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$15,402,441SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (1)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (1)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (1)SuprtExclusivelySec170c2BInd
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported OrgYes (1)SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 12(G)CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. IS AN ORGANIZATION THAT IS TAX-EXEMPT UNDER SECTION 501(C)(6).
PART IV, SECTION A, LINE 3BCENTRAL INDIANA CORPORATE PARTNERSHIP PROVIDES CICP FOUNDATION WITH A CALCULATION OF PUBLIC SUPPORT FOR THE TAXABLE YEAR, CONFIRMING THAT THE PUBLIC SUPPORT TEST UNDER 509(A)(2) WAS SATISFIED. AS FUNDING SOURCES ARE IDENTIFIED, THE PURPOSE OF SUPPORT IS DESIGNATED BEFORE FUNDING IS RECEIVED. ELIGIBLE PROJECTS ARE IDENTIFIED AS SUCH BASED ON THEIR NATURE AS CHARITABLE, EDUCATIONAL OR OTHERWISE DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE. ACTIVITIES USUALLY FALL INTO THE CATEGORIES OF EDUCATION OF THE PUBLIC, RESEARCH AND/OR WORKFORCE DEVELOPMENT. EXPENSES ARE MONITORED TO VERIFY FUNDING IS USED FOR THE PURPOSE AWARDED AND INTENDED BY THE DONOR.
PART IV, SECTION A, LINE 3CCICP FOUNDATION WORKS CLOSELY WITH CENTRAL INDIANA CORPORATE PARTNERSHIP TO ENSURE THAT ALL SUPPORT IS USED FOR SECTION 170(C)(2)(B) PURPOSES.
PART IV, SECTION A, LINE 6:CICP FOUNDATION ALSO PROVIDED FUNDING TO THE FOLLOWING ORGANIZATIONS IN FURTHERANCE OF THE EXEMPT PURPOSES OF CENTRAL INDIANA CORPORATE PARTNERSHIP: CAREERWISE COLORADO, EMPLOYINDY (INDIANAPOLIS PRIVATE INDUSTRY COUNCIL, INC), ETH ZURICH (FOREIGN UNDER $5K), GOVERNOR BOB ORR ENTREPRENEURIAL FELLOWSHIP, INC., HAMILTON COUNTY ECONOMIC DEVELOPMENT CORPORATION, INDIANA HEALTH INFO. EXCHANGE, INC., INDIANA UNIVERSITY, INSTITUTE FOR WORKFORCE EXCELLENCE, INC., IVY TECH COMMUNITY COLLEGE, LEADERSHIP INDIANAPOLIS, INC., NINETWELVE INSTITUTE, INC., NORC AT THE UNIVERSITY OF CHICAGO, POLITECNICO DI MILANO (FOREIGN), PROVIDENCE CRISTO REY CORPORATE WORK STUDY PROGRAM, INC., PURDUE RESEARCH FOUNDATION, PURDUE UNIVERSITY, TECHNISCHE UNIVERSITAT MUNCHEN (FOREIGN), THE BROOKINGS INSTITUTION, THE CROSSING NATIONAL INC., THE RAND CORPORATION, THE URBAN LEADERS FELLOWSHIP NONPROFIT CORPORATION, UNIVERSITY OF ALABAMA, UNIVERSITA DI MODENA E REGGIO EMILIA - DIPARTIMENTO DI SCIENZE FISICHE, INFORMATICHE E MATEMATICHE (FOREIGN), UNIVERSITY OF NOTRE DAME DU LAC, VINCENNES UNIVERSITY, METROPOLITAN INDIANAPOLIS PUBLIC MEDIA, INC. (DBA WFYI PUBLIC MEDIA), AND VARIOUS STIPENDS AND AWARDS TO INDIVIDUALS.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AFFILIATESDesc
Amt$195,613Amt
FieldValueIRS element (for citing)
Total Liability$195,613TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,354,287TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$22,354,287RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,354,287TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$21,757,039TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$253,940OtherExpensesIncludedAmt
Expenses Not Reported$253,940ExpensesNotReportedAmt
Expenses Subtotal$21,503,099ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$21,503,099TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:INCOME TAX FOOTNOTE FROM AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT UNDER SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. THE FOUNDATION FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATIONAL TAX RETURNS. IT IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. MANAGEMENT BELIEVES THAT THE FOUNDATIONS'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE.
PART XII, LINE 2D - OTHER ADJUSTMENTS:TRANSFER OF INCOME PREVIOUSLY RECEIVED TO BIC RELATED TO DISSOLUTION OF ESN 253,940.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)00GRANTS, AWARDS, OR STIPENDS TO RECIPIENTS IN THE REGIONAUTONOMOUS VEHICLE COMPETITION AWARDS & TECHPOINT XTERN PROGRAM PARTICIPANT HOUSING STIPENDS$278,000
EAST ASIA AND THE PACIFIC00GRANTS, AWARDS, OR STIPENDS TO RECIPIENTS IN THE REGIONTECHPOINT SOS CHALLENGE PARTICIPANT STIPENDS & AWARDS$7,130
SOUTH AMERICA00GRANTS, AWARDS, OR STIPENDS TO RECIPIENTS IN THE REGIONTECHPOINT SOS CHALLENGE PARTICIPANT STIPENDS & AWARDS$1,192
SOUTH ASIA00GRANTS, AWARDS, OR STIPENDS TO RECIPIENTS IN THE REGIONTECHPOINT XTERN PROGRAM PARTICIPANT HOUSING STIPENDS & SOS CHALLENGE PARTICIPANT STIPENDS & AWARDS$1,692
SUB-SAHARAN AFRICA00GRANTS, AWARDS, OR STIPENDS TO RECIPIENTS IN THE REGIONTECHPOINT SOS CHALLENGE PARTICIPANT STIPENDS & AWARDS$1,354
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$289,368SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$289,368TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMAUTONOMOUS VEHICLE COMPETITION WINNER$127,500CHECK PAYMENT$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMAUTONOMOUS VEHICLE COMPETITION WINNER - SIMULATION EVENT$50,000CREDIT TO ACCOUNTS RECEIVABLE$0
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMAUTONOMOUS VEHICLE COMPETITION WINNER$100,000CHECK PAYMENT$0
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (6 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
PARTICIPANT STIPENDS & AWARDS - TECHPOINT SOS CHALLENGEEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,7$7,130CHECK PAYMENT
PARTICIPANT STIPENDS & AWARDS - TECHPOINT SOS CHALLENGESOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,1$1,192CHECK PAYMENT
PARTICIPANT STIPENDS & AWARDS - TECHPOINT SOS CHALLENGESOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,1$1,192CHECK PAYMENT
PARTICIPANT STIPENDS & AWARDS - TECHPOINT SOS CHALLENGESUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,1$1,354CHECK PAYMENT
PARTICIPANT HOUSING STIPEND - TECHPOINT XTERN PROGRAMEUROPE (INCLUDING ICELAND & GREENLAND)1$500CHECK PAYMENT
PARTICIPANT HOUSING STIPEND - TECHPOINT XTERN PROGRAMSOUTH ASIA1$500CHECK PAYMENT
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE FOUNDATION REGULARLY REQUIRES REPORTING AND PERFORMS OTHER APPROPRIATE DUE DILIGENCE OF ITS GRANTEES. CONSISTENT WITH THE GRANT AGREEMENTS, THE FOUNDATION RECEIVES REGULAR PROGRAM AND FINANCIAL REPORTS FROM GRANTEES WHICH ARE REVIEWED AND KEPT ON FILE. FOR SIGNIFICANT GRANT PROGRAMS, THESE REPORTS ARE ALSO PROVIDED TO THE ORIGINATING GRANTOR. WHEN PROVIDING STIPENDS OR OTHER AWARDS TO INDIVIDUALS OR ORGANIZATIONS, PARTICIPANTS RECEIVE DOCUMENTATION OF ALL RELATED REQUIREMENTS AND MAY ALSO BE REQUIRED TO SIGN AN AGREEMENT. ALL REQUIREMENTS OUTLINED IN THE DOCUMENTATION OR AGREEMENT MUST BE FULFILLED PRIOR TO FUNDING THE PARTICIPANT STIPEND OR OTHER AWARD. THE PITCH AWARDS (TECHPOINT): THE 2022 AWARDS WERE MADE TO STUDENTS FOR WINNING A COMPETITION. 25 STUDENTS FROM A DOZEN UNIVERSITIES AND COLLEGES SHARED IN THE $25,000 PRIZE PURSE FOR THE PITCH, AN EXPERIENTIAL OPPORTUNITY FOR UNIVERSITY STUDENTS WHO ARE INTERESTED IN SEEING IF A FUTURE CAREER IN TECH IS RIGHT FOR THEM. INTENDED TO FIT IN BETWEEN PERSONAL PROJECTS AND INTERNSHIPS, IT'S AN "ADD-ON" SUMMER EXPERIENCE TO FOSTER THE DEVELOPMENT OF ENTREPRENEURIAL-FOCUSED BUSINESS AND/OR TECH SKILLS. XTERN HOUSING AND STIPENDS (TECHPOINT): THE XTERN PROGRAM CREATES LIFE-CHANGING OPPORTUNITIES BY INTRODUCING THE NEXT GENERATION OF TECH TALENT TO GREAT JOB OPPORTUNITIES WITH TECH EMPLOYERS. COLLEGE STUDENTS FROM ACROSS THE COUNTRY VIE FOR SPOTS IN THE 10-WEEK, SUMMER INTERNSHIP PROGRAM THAT GIVES THEM ACCESS TO THE CITY'S TECH AND CIVIC LEADERS, PROVIDES THEM WITH PAID INTERNSHIPS AT TOP TECH COMPANIES, ALL WHILE LIVING IN THE CITY FOR THE SUMMER. HOUSING FOR THE 139 XTERN PARTICIPANTS IN 2022 WAS FUNDED BY CICP FOUNDATION. SIX PARTICIPANTS RECEIVED AN ADDITIONAL $500 STIPEND EACH FOR THEIR XTERN LEADERSHIP ROLES WITHIN THE PROGRAM. AUTONOMOUS VEHICLE COMPETITION AWARDS (ESN): NO RESTRICTIONS WERE MADE ON USE OF FUNDS SUBSEQUENT TO WINNING THE AWARD. AWARDS TO THE WINNING UNIVERSITY FOR THEIR TEAM'S PARTICIPATION WERE DETERMINED ACCORDING TO THE OFFICIAL AUTONOMOUS CHALLENGE @CES 2022 PUBLISHED RULES.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (22 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
CICP INC
1210 WATERWAY BLVD SUITE 5000INDIANAPOLISIN46202352065459501(C)(6)$78,500$0CONEXUS SUPPORT FOR THE WORKFORCE DEVELOPMENT EFFORTS OF THE INDUSTRY COUNCIL
CAREERWISE COLORADO
400 S COLORADO BLVD SUITE 400DENVERCO80246811415662501(C)(3)$101,572$0TO ADVANCE ASCEND INDIANA'S YOUTH APPRENTICESHIP PROJECT
EMPLOYINDY (INDIANAPOLIS PRIVATE INDUSTRY COUNCIL INC)
101 W WASHINGTON STREETINDIANAPOLISIN46204351569069501(C)(3)$763,992$0TO ADVANCE ASCEND INDIANA'S WORKFORCE DEVELOPMENT PROJECTS
GOVERNOR BOB ORR ENTREP FELLOWSHIP INC
PO BOX 20262INDIANAPOLISIN46220201134456501(C)(3)$9,375$0ORR FELLOWSHIP PROGRAM PARTICIPATION
HAMILTON COUNTY ECONOMIC DEVELOPMENT CORPORATION
37 MAIN STCARMELIN46032351897300501(C)(3)$57,500$0TO ADVANCE ASCEND INDIANA'S YOUTH APPRENTICESHIP PROJECT
INDIANA HEALTH INFO EXCHANGE INC
846N SENATE AVE SUITE 300INDIANAPOLISIN46202364550324501(C)(3)$147,700$0TO ADVANCE THE DEVELOPMENT OF THE ANALYTIXIN HEALTH DATA ASSET
INDIANA UNIVERSITY
PO BOX 78000DETROITMI482780867356001673501(C)(3)$317,883$0TO CONDUCT INDIANA'S LIFE SCIENCES INDUSTRY RESEARCH
INSTITUTE FOR WORKFORCE EXCELLENCE INC
115 W WASHINGTON ST STE 850SINDIANAPOLISIN46204300279390501(C)(3)$155,700$0TO ADVANCE ASCEND INDIANA'S WORKFORCE DEVELOPMENT PROJECTS
IVY TECH COMMUNITY COLLEGE
50 W FALL CREEK PKWY N DRIVEINDIANAPOLISIN462085752351180631501(C)(3)$42,639$0TO ADVANCE CONEXUS CATAPULT ADVANCED MANUFACTURING TRAINING PROGRAM
NINETWELVE INSTITUTE INC
100 EAST WILLOW STREETZIONSVILLEIN46077844615768501(C)(3)$90,000$0TO ADVANCE THE ESN MARION COUNTY ELEARNING NETWORK PILOT POGRAM
NORC AT THE UNIVERSITY OF CHICAGO
PO BOX 772327DETROITMI482772327362167808501(C)(3)$435,569$0TO PERFORM AN ENTREPRENEURSHIP IN THE POPULATION SURVEY IN INDIANA
PROVIDENCE CRISTO REY CORPORATE WORK STUDY PROGRAM INC
2717 S EAST STREETINDIANAPOLISIN46225203664900501(C)(3)$6,634$0CORPORATE WORK STUDY PROGRAM PARTICIPATION AND SPONSORSHIP
PURDUE RESEARCH FOUNDATION
1281 WIN HENTSCHEL BLVDWEST LAFAYETTEIN47906351052049501(C)(3)$15,000$0TO SUPPORT PURDUE UNIV'S DAUCH CENTER FOR THE MGMT OF MANUFACTURING ENTERPRISES
PURDUE UNIVERSITY
PO BOX 23510CHICAGOIL60673356002041501(C)(3)$169,000$0TO ADVANCE THE DEVELOPMENT OF THE ANALYTIXIN MANUFACTURING ASSET
THE BROOKINGS INSTITUTION
1775 MASSACHUSETTS AVENUE NWWASHINGTONDC20036530196577501(C)(3)$150,000$0ANNUAL METROPOLITAN COUNCIL SUPPORT
THE CROSSING NATIONAL INC
515 SOUTH MAIN STREETELKHARTIN46516260588186501(C)(3)$25,000$0TO SUPPORT WORKFORCE PROGRAM LAB FOR CATAPULT PROGRAM
THE RAND CORPORATION
1776 MAIN STREETSANTA MONICACA904072138951958142501(C)(3)$142,721$0TO RESEARCH THE ROLE AND VALUE OF NONDEGREE WORKFORCE CREDENTIALS IN INDIANA
THE URBAN LEADERS FELLOWSHIP NONPROFIT CORPORATION
1519 NORTH TEJON STREETCOLORADO SPRINGSCO80907842571483501(C)(3)$5,500$02022 PARTNER ORGANIZATION FELLOW PARTICIPATION
UNIVERSITY OF ALABAMA
BOX 870136TUSCALOOSAAL35487636001138501(C)(3)$22,500$0PARTICIPATION AWARD IN THE ESN INDY AUTONOMOUS CHALLENGE VEHICLE COMPETITION
UNIVERSITY OF NOTRE DAME DU LAC
724 GRACE HALLNOTRE DAMEIN46556350868188501(C)(3)$195,000$0TO SUPPORT RESEARCH AND DEVELOPMENT ANALYTIXIN
VINCENNES UNIVERSITY
1002 NORTH FIRST STREETVINCENNESIN47591356004137501(C)(3)$55,440$0TO SUPPORT CONEXUS CATALPULT ADVANCED MANUFACTURING TRAINING PROGRAM
METROPOLITAN INDIANAPOLIS PUBLIC MEDIA INC (DBA WFYI PUBLIC MEDIA)
1630 N MERIDIAN STREETINDIANAPOLISIN46202351147600501(C)(3)$34,975$0TO SUPPORT CICP GPS PROJECT AND WFYI EVENT SPONSORSHIP
FieldValueIRS element (for citing)
Total501c3 Org21Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceDesc
PARTICIPANT STIPENDS AND AWARDS4$2,000TECHPOINT XTERN PROGRAM
PARTICIPANT AWARDS11$13,090TECHPOINT "THE PITCH" CHALLENGE

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION REGULARLY REQUIRES REPORTING AND PERFORMS OTHER APPROPRIATE DUE DILIGENCE OF RECIPIENTS. CONSISTENT WITH THE AGREEMENTS, THE FOUNDATION RECEIVES SPECIFIED DELIVERABLES, INCLUDING REGULAR PROGRAM AND FINANCIAL REPORTS FROM RECIPIENTS WHICH ARE REVIEWED AND KEPT ON FILE. FOR SIGNIFICANT GRANT FUNDED PROGRAMS, DELIVERABLES AND REPORTS ARE ALSO PROVIDED TO CICP FOUNDATION'S GRANTOR. WHEN PROVIDING STIPENDS OR OTHER AWARDS TO INDIVIDUALS OR ORGANIZATIONS, PARTICIPANTS RECEIVE DOCUMENTATION OF ALL RELATED REQUIREMENTS AND MAY ALSO BE REQUIRED TO SIGN AN AGREEMENT. ALL REQUIREMENTS OUTLINED IN THE DOCUMENTATION OR AGREEMENT MUST BE FULFILLED PRIOR TO FUNDING THE PARTICIPANT STIPEND OR OTHER AWARD. THE PITCH AWARDS (TECHPOINT): THE 2022 AWARDS WERE MADE TO STUDENTS FOR WINNING A COMPETITION. 25 STUDENTS FROM A DOZEN UNIVERSITIES AND COLLEGES SHARED IN THE $25,000 PRIZE PURSE FOR THE PITCH, AN EXPERIENTIAL OPPORTUNITY FOR UNIVERSITY STUDENTS WHO ARE INTERESTED IN SEEING IF A FUTURE CAREER IN TECH IS RIGHT FOR THEM. INTENDED TO FIT IN BETWEEN PERSONAL PROJECTS AND INTERNSHIPS, IT'S AN "ADD-ON" SUMMER EXPERIENCE TO FOSTER THE DEVELOPMENT OF ENTREPRENEURIAL-FOCUSED BUSINESS AND/OR TECH SKILLS. XTERN HOUSING AND STIPENDS (TECHPOINT): THE XTERN PROGRAM CREATES LIFE-CHANGING OPPORTUNITIES BY INTRODUCING THE NEXT GENERATION OF TECH TALENT TO GREAT JOB OPPORTUNITIES WITH TECH EMPLOYERS. COLLEGE STUDENTS FROM ACROSS THE COUNTRY VIE FOR SPOTS IN THE 10-WEEK, SUMMER INTERNSHIP PROGRAM THAT GIVES THEM ACCESS TO THE CITY'S TECH AND CIVIC LEADERS, PROVIDES THEM WITH PAID INTERNSHIPS AT TOP TECH COMPANIES, ALL WHILE LIVING IN THE CITY FOR THE SUMMER. HOUSING FOR THE 139 XTERN PARTICIPANTS IN 2022 WAS FUNDED BY CICP FOUNDATION. SIX PARTICIPANTS RECEIVED AN ADDITIONAL $500 STIPEND EACH FOR THEIR XTERN LEADERSHIP ROLES WITHIN THE PROGRAM. AUTONOMOUS VEHICLE COMPETITION AWARDS (ESN): NO RESTRICTIONS WERE MADE ON USE OF FUNDS SUBSEQUENT TO WINNING THE AWARD. AWARDS TO THE WINNING UNIVERSITY FOR THEIR TEAM'S PARTICIPATION WERE DETERMINED ACCORDING TO THE OFFICIAL AUTONOMOUS CHALLENGE @CES 2022 PUBLISHED RULES. CATAPULT TRAINING PROGRAM STIPENDS (CONEXUS): STIPENDS CONSIST OF HOURLY COMPENSATION PAID TO BOTH TEACHERS (3) AND LEARNERS (166) ENROLLED IN THE CONEXUS CATAPULT TRAINING PROGRAMS. EACH 160-HOUR CLASS PROVIDES PARTICIPANTS WITH THE SKILLS NEEDED TO WORK IN ADVANCED MANUFACTURING AND LOGISTICS. THE REPORTED AMOUNT IS INCLUSIVE OF FEES PAID TO THE THIRD-PARTY VENDOR CFA STAFFING FOR ADMINISTRATIVE FEES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID LAWTHER JOHNSON
CEO, CICP$0$549,937$0$201,250$0$0$0$52,000$0$16,562$0$819,749$0$0
LATOYA ALEXANDER BOTTERON
PRESIDENT AND CFO, CICP$0$310,587$0$85,000$0$0$0$51,000$0$34,459$0$481,046$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 3FormAndLineReferenceDesc
ExplanationESTABLISHMENT OF CEO AND PRESIDENT/CFO COMPENSATION: COMPENSATION FOR CICP FOUNDATION'S CEO AND PRESIDENT/CFO (WHO ARE EMPLOYED BY CENTRAL INDIANA CORPORATE PARTNERSHIP, INC.) IS DETERMINED AS DESCRIBED IN THE CICP FORM 990. SEE THE SCHEDULE O REFERENCE TO FORM 990, PART VI, SECTION B, LINE 15.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 1, LINE JWEBSITE: WWW.CICPINDIANA.COM THE WEBSITE LISTED IS THAT OF CICP FOUNDATION'S SUPPORTED ORGANIZATION AND ONLY A PORTION OF THE INFORMATION ON THE SITE DESCRIBES THE ORGANIZATION'S PROGRAMS.
FORM 990, PART V, LINE 2BALL REQUIRED FEDERAL EMPLOYMENT TAX RETURNS FOR CICP FOUNDATION ARE FILED BY CENTRAL INDIANA CORPORATE PARTNERSHIP UNDER THE COMPENSATION ARRANGMENT AS REFERENCED FOR FORM 990, PART IX, LINE 24(A).
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 WILL BE REVIEWED BY THE CICP FOUNDATION BOARD MEMBERS AT THEIR JULY 2023 MEETING. THE RETURN WILL BE FILED SOME TIME AFTER THE MEETING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, OFFICER, AND STAFF MEMBER ANNUALLY RECEIVES A CONFLICT OF INTEREST QUESTIONNAIRE THROUGH WHICH THEY ARE ASKED TO CONFIRM OR REPORT THE FOLLOWING: (I) THAT THEY HAVE READ AND UNDERSTAND CICP'S CONFLICT OF INTEREST POLICY (WHICH IMPOSES UPON DIRECTORS, OFFICERS, AND STAFF A CONTINUING, AFFIRMATIVE DUTY TO REPORT ANY PERSONAL OWNERSHIP, INTEREST, OR RELATIONSHIP THAT MIGHT AFFECT THEIR ABILITY TO EXERCISE IMPARTIAL, ETHICAL, AND BUSINESS-BASED JUDGMENTS IN FULFILLING THEIR RESPONSIBILITIES TO CICP); (II) THAT THEY ARE IN COMPLIANCE WITH THE POLICY; (III) THAT THEY ARE REPORTING (WITH THEIR COMPLETED QUESTIONNAIRE) ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THAT ARISE AS A RESULT OF THEIR ROLE WITH CICP, AND EACH POSITION THAT THEY HOLD AS A DIRECTOR, TRUSTEE, OFFICER, OR EMPLOYEE OF ANY OTHER NONPROFIT ORGANIZATION; AND (IV) THAT THEY WILL REPORT PROMPTLY ANY CHANGES IN THE INFORMATION REPORTED IN THEIR QUESTIONNAIRE OR IN ANY OTHER MATTERS THAT MIGHT AFFECT COMPLIANCE WITH THE POLICY. THE EXECUTIVE ASSISTANT TO THE CEO COLLECTS AND REVIEWS THE QUESTIONNAIRES AS THEY ARE RETURNED, ALERTS THE CEO TO ANY CONFLICTS THAT HAVE BEEN REPORTED, AND MAKES SURE THAT ALL WHO ARE REQUIRED TO COMPLETE A CONFLICT QUESTIONNAIRE HAVE DONE SO. WHEN AN INDIVIDUAL REPORTS AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST, CICP FOLLOWS THE PROCEDURES OUTLINED IN ITS POLICY FOR DISCLOSURE OF CONFLICTS TO THE APPLICABLE BODY OF DECISION-MAKERS AND RECUSAL OF INDIVIDUAL(S) WITH CONFLICTS FROM THE DECISION-MAKING PROCESS. PURSUANT TO THE POLICY, THE CICP BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF, AND ACTION REGARDING, ALL DISCLOSURES AND/OR FAILURES TO DISCLOSE.
FORM 990, PART VI, SECTION B, LINE 15ACOMPENSATION FOR CICP FOUNDATION'S CEO AND PRESIDENT/CFO (WHO ARE EMPLOYED BY CENTRAL INDIANA CORPORATE PARTNERSHIP, INC.) IS DETERMINED AS DESCRIBED IN THE CICP FORM 990. THE PROCESS (AS ALSO DESCRIBED IN THE CICP FORM 990) IS AS FOLLOWS: CICP'S CEO AND PRESIDENT/CFO'S PERFORMANCE AND COMPENSATION ARE REVIEWED, ANALYZED, AND SET BY THE CICP EXECUTIVE COMMITTEE, WHICH USES A DISTINCT SET OF COMPARABLE DATA TO THE COMPENSATION OF OTHER EXECUTIVES IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS. ADDITIONALLY, IN 2020 CICP ENGAGED MERCER, A NATIONAL HR CONSULTANCY FIRM, TO WORK WITH CICP TO DEVELOP AND ARTICULATE A FORMAL COMPENSATION STRATEGY AND PAY ANALYSIS OF CICP'S PRESIDENT AND CEO, CHIEF FINANCIAL OFFICER, AND SIX BRANDED INITIATIVE PRESIDENT AND CEO POSITIONS (EIGHT TOTAL EXECUTIVE POSITIONS). THE MERCER REPORT INCLUDES RECOMMENDATIONS REGARDING CICP'S EXECUTIVE COMPENSATION PHILOSOPHY; ANALYSIS OF EACH INCUMBENT'S POSITION IN THE COMPETITIVE MARKET FOR EACH COMPONENT OF COMPENSATION ANALYZED; GUIDELINES FOR EXECUTIVE PAY POSITIONING BASED ON EXPERIENCE, PERFORMANCE, MARKET MOVEMENT, ETC.; A PREVALENCE ANALYSIS OF SUPPLEMENTAL BENEFITS AND PERQUISITES RECEIVED BY EXECUTIVES; AND RECOMMENDATIONS REGARDING EXECUTIVE COMPENSATION PROGRAM MODIFICATIONS IN ORDER TO INCREASE ALIGNMENT WITH CICP'S EXECUTIVE COMPENSATION PHILOSOPHY AND MARKET BEST PRACTICES. THE MERCER REPORT WAS ADOPTED BY THE CICP EXECUTIVE COMMITTEE AT ITS NOVEMBER 10, 2020, MEETING. SEVERAL KEY EMPLOYEES ARE REVIEWED BY THEIR RESPECTIVE EXECUTIVE COMMITTEES OR DESIGNATED SUBCOMMITTEES ON AN ANNUAL BASIS, INCLUDING 2022. IN 2020, THE EXECUTIVE COMMITTEE BOARD CHAIRS FOR ALL BRANDED INITIATIVES ENGAGED IN MERCER'S PROCESS TO PRODUCE A REPORT, SIMILAR TO THE DOCUMENT PREPARED FOR CICP'S CEO AND PRESIDENT/CFO, WHICH WAS APPROVED IN A MEETING OF THE BOARD CHAIRS ON NOVEMBER 2, 2020. EACH YEAR EACH KEY EMPLOYEE SUBMITS A WRITTEN SELF-ASSESSMENT TO THE APPROPRIATE COMMITTEE PRIOR TO THE MEETING AT WHICH COMPENSATION IS ADDRESSED. THE COMMITTEE RECEIVES A LIST OF COMPENSATION COMPARABLES FROM THE CICP PRESIDENT/CFO. THE LIST COMPARES EACH EMPLOYEE'S COMPENSATION AGAINST THAT OF OTHER EXECUTIVES IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS, THE FINDINGS OF THE MERCER STUDY, AS WELL AS THE COMPENSATION HISTORY FOR THE INDIVIDUAL. AT THE MEETING, THE INDIVIDUAL MAY REVIEW THE SELF-ASSESSMENT WITH THE COMMITTEE. THE INFORMATION PROVIDED IS USED TO DETERMINE ANY COMPENSATION ADJUSTMENT TO BE MADE. THE CHAIRMAN OF THE REVIEWING COMMITTEE AND ONE OTHER MEMBER MEET WITH THE INDIVIDUAL AND REVIEW THE CONCLUSIONS OF THE GROUP REGARDING PERFORMANCE AND COMPENSATION ADJUSTMENT, IF ANY. THE COMPENSATION TERMS AND RESULTS OF THE MEETING ARE DOCUMENTED AND FORWARDED TO CICP'S PRESIDENT/CFO. THE DOCUMENTATION USUALLY REFLECTS (I) THE DATE ON WHICH THE COMPENSATION WAS APPROVED, (II) THE MEMBERS OF THE COMMITTEE WHO WERE PRESENT AND VOTED ON THE COMPENSATION TERMS, (III) THE COMPARABILITY DATA THAT WAS OBTAINED, REVIEWED, AND RELIED ON BY THE COMMITTEE (AND HOW THE DATA WAS OBTAINED AND USED), AND (IV) ANY RECUSAL OR WITHDRAWAL BY A MEMBER OF THE COMMITTEE WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION (THE LAST POINT IS AN UNLIKELY SCENARIO).
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 24(B)OTHER EXPENSES: COMPENSATION ARRANGEMENT: CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) IS AFFILIATED WITH CICP FOUNDATION, INC., A 501(C)(3) CORPORATION; BC INITIATIVE, INC. (BCI), CLEANTECH SYSTEMS SOLUTIONS (CSS), TECHPOINT VENTURS (TPV), AND ASCEND INDIANA STRATEGIES (AIS), FOR PROFIT C CORPORATIONS. CICP EMPLOYS ALL WHO PROVIDE SERVICES ON BEHALF OF TO THE SIX ENTITIES. BASED ON INFORMATION PROVIDED BY CICP FOUNDATION, AIS, CSS, TPV, AND BCI; CICP ALLOCATES SALARY AND BENEFIT COSTS TO THE FOUNDATION, AIS, CSS, TPV, AND BCI; AND IS REGULARLY REIMBURSED FOR THOSE COSTS. CICP HAS A SHARED SERVICES AGREEMENT WITH CICP FOUNDATION. CICP EMPLOYEES MAY WORK ON PROGRAMS FUNDED THROUGH CICP FOUNDATION. IN MOST CASES THE TIME SPENT IS ALLOCATED TO CICP FOUNDATION AND REIMBURSED TO CICP. EMPLOYEE TIME SPENT ON FOR-PROFIT AFFILIATED ENTITIES IS ALWAYS REIMBURSED.
FORM 990, PART XI, LINE 9:TRANSFER OF INCOME PREVIOUSLY RECEIVED TO BIC RELATED TO DISSOLUTION OF ESN -253,940. BASIS OF ACCOUNTING: MODIFIED CASH BASIS AS EMPLOYED BY CICP FOUNDATION FOR THE CONSOLIDATED FINANCIAL AUDIT AND THE RETURN IS AS FOLLOWS: CICP FOUNDATION RECOGNIZES CASH RECEIPTS THAT ARE DESIGNATED FOR CURRENT YEAR OPERATIONS WHEN RECEIVED. THUS, MULTI-YEAR PLEDGES ARE NOT RECORDED AS INCOME UNTIL THE CASH IS RECEIVED. CASH RECEIVED FOR MULTI-YEAR GRANTS IS RECORDED AS DEFERRED INCOME AND IS RECOGNIZED AS INCOME WHEN ASSOCIATED EXPENSES HAVE BEEN INCURRED. ACCOUNTING DIFFERS FROM GAAP FOR OPERATING LEASE RIGHT-OF-USE ASSETS OR LIABILITIES, COST OF INVESTMENTS AND COSTS ASSOCIATED WITH FURNITURE, FIXTURES AND EQUIPMENT. CONSISTENT WITH GAAP, EXPENSES ARE RECORDED AS THEY ARE INCURRED.
FORM 990, PART XII, LINE 2CCOMMITTEE OVERSIGHT OF AUDIT: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. AS REQUIRED BY CICP POLICIES AND IN CONJUNCTION WITH CICP, UNDER THE DIRECTION OF THE BOARD OF DIRECTORS, CICP INVITED FOUR FIRMS TO SUBMIT PROPOSALS PROVIDE AUDIT AND TAX SERVICES FOR 2021. AFTER REVIEW BY CICP MANAGEMENT AND THE BOARD OF DIRECTORS, THERE WAS NO CHANGE FROM THE PREVIOUS YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CENTRAL INDIANA CORPORATE PARTNERSHIP INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11210 WATERWAY BLVD SUITE 5000AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46202ZIPCd
FieldValueIRS element (for citing)
EIN352065459EIN
Primary ActivitiesPROMOTING LONG-TERM GROWTH FOR THE REGIONPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
TECHPOINT VENTURES INC
1210 WATERWAY BLVD SUITE 5000INDIANAPOLISIN46202263662235TECHONOLOGY INITIATIVE VENTURE CAPITAL PROJECT FACILITATION.INN/AC0
BC INITIATIVE INC
300 NORTH MERIDIAN ST STE 950INDIANAPOLISIN46204200882485IDENTIFYING AND BUILDING INDIANA'S LIFE SCIENCES.INN/AC0
CLEANTECH SYSTEMS SOLUTIONS INC
1210 WATERWAY BLVD SUITE 5000INDIANAPOLISIN46202453762473CLEAN TECHNOLOGY PROJECT FACILITATIONINN/AC0
ASCEND INDIANA STRATEGIES INC
1210 WATERWAY BLVD SUITE 5000INDIANAPOLISIN46202812549702EMPLOYER HUMAN CAPITAL CONSULTING SERVICES.INN/AC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CENTRAL INDIANA CORPORATE PARTNERSHIP INC
B$78,500FMV
CENTRAL INDIANA CORPORATE PARTNERSHIP INC
N$563,621FMV
CENTRAL INDIANA CORPORATE PARTNERSHIP INC
O$10,770,278FMV
CENTRAL INDIANA CORPORATE PARTNERSHIP INC
D$195,613FMV

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE R, PART V, LINE 1 (P) AND (Q)TO THE EXTENT CICP INCURS EXPENSES ON BEHALF OF CICP FOUNDATION INC., BC INITIATIVE INC. (BCI), CLEANTECH SYSTEMS SOLUTIONS (CSS), TECHPOINT VENTURES (TPV), OR ASCEND INDIANA STRATEGIES (AIS), THE APPROPRIATE ENTITY REGULARLY REIMBURSES CICP. EACH MONTH CICP PREPARES AN INTERCOMPANY REPORT THAT DETAILS AMOUNTS DUE FROM CICP FOUNDATION, BCI, CSS, TPV, AND AIS, AND OWED TO CICP. BCI, CSS, TPV, AIS, AND CICP FOUNDATION PREPARE A SIMILAR RECONCILING REPORT OF THE AMOUNTS DUE TO CICP. REIMBURSEMENTS ARE MADE AS SOON AS POSSIBLE AFTER THE BOOKS ARE CLOSED EACH MONTH.
SCHEDULE R, PART V, LINE 1 (B)GRANT TO RELATED ORGANIZATIONS: CICP FOUNDATION, INC. PROVIDED A GRANT TO CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) IN THE AMOUNT OF $78,500 IN 2022. THE GRANT IS RESTRICTED TO USE FOR EXEMPT PURPOSES.
SCHEDULE R, PART V, LINE 1 (N)SHARING OF FACILITIES, EQUIPMENT, MAILING LISTS, OR OTHER ASSETS: CICP FOUNDATION, INC. (FOUNDATION) AND CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) SHARE OFFICE SPACE. EXPENSES ARE ALLOCATED BASED ON EMPLOYEE TIME ALLOCATIONS.
SCHEDULE R, PART V, LINE 1 (0)SHARING OF PAID EMPLOYEES: CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) IS AFFILIATED WITH CICP FOUNDATION, INC., A 501(C)(3) CORPORATION; BC INITIATIVE, INC. (BCI), CLEANTECH SYSTEMS SOLUTIONS (CSS), TECHPOINT VENTURS (TPV), AND ASCEND INDIANA STRATEGIES (AIS), FOR PROFIT C CORPORATIONS. CICP EMPLOYS ALL WHO PROVIDE SERVICES ON BEHALF OF TO THE SIX ENTITIES. BASED ON INFORMATION PROVIDED BY CICP FOUNDATION, AIS, CSS, TPV, AND BCI; CICP ALLOCATES SALARY AND BENEFIT COSTS TO THE FOUNDATION, AIS, CSS, TPV, AND BCI; AND IS REGULARLY REIMBURSED FOR THOSE COSTS. CICP HAS A SHARED SERVICES AGREEMENT WITH CICP FOUNDATION. CICP EMPLOYEES MAY WORK ON PROGRAMS FUNDED THROUGH CICP FOUNDATION. IN MOST CASES THE TIME SPENT IS ALLOCATED TO CICP FOUNDATION AND REIMBURSED TO CICP. EMPLOYEE TIME SPENT ON FOR-PROFIT AFFILIATED ENTITIES IS ALWAYS REIMBURSED.
SCHEDULE R, PART V, LINE 1 (D) AND (E)INTERCOMPANY BALANCES DUE TO/FROM CICP AND CICP FOUNDATION AT YEAR END ARE CLASSIFIED AS LOANS ON THE FORM 990S. ALL DUE TO/DUE FROM BALANCES AT YEAR END WERE REIMBURSED IN FEBRUARY OF 2023.