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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Indianapolis Downtown Inc

Indianapolis Downtown Inc

Fiscal year ending 2022. Filed on November 15, 2023.

111 Monument Cir 250
Suite 250
Indianapolis, Indiana 46204

Indianapolis Downtown Inc (EIN: 35-1877771) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Indianapolis Downtown Inc, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $124,243. The highest compensated employee at Indianapolis Downtown Inc is Bob Schultz with fiscal year 2022 compensation of $182,237.

Revenue, expenses, and employee compensation

Revenue

$743,854

Expenses

$1,405,049

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bob Schultz
Vice President
$182,237
$0 $173,057 $9,180
Sherry Seiwert
President (Until 4/28/22)
$135,258
$0 $133,198 $2,060
Timothy Boruff
Vice President, Finance and Operations
$131,475
$0 $131,295 $180
Taylor Schaffer
President and CEO (As of 10/3/22)
$48,000
$0 $48,000 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adairius Gardner
Director
Amy Conrad Warner
Director
Andrew Buroker
Director
Andrew Insley
Director
Bill Browne
Board Chair
Brian Burdick
Director
C Perry Griffith Jr
Director
Charles Bantz
Director
Craig Huse
Director
Daryl Graham
Director
David Lies
Director (Until 12/31/22)
Dennis Sponsel
Director

Mission Statement

Indianapolis Downtown, Inc. (IDI) exists to improve downtown Indianapolis. It is action-oriented and addresses critical issues that affect downtown growth and well-being. IDI was established to continue the economic, social, and cultural development in downtown Indianapolis by educational, scientific, and charitable means.

Revisions to this organization profile

November 17, 2025:
2024 Indianapolis Downtown Inc 990 filed
November 15, 2024:
2023 Indianapolis Downtown Inc 990 filed
November 15, 2023:
2022 Indianapolis Downtown Inc 990 filed

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