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Organizations Community Improvement & Capacity Building Near North Development Corporation

Near North Development Corporation

Fiscal year ending 2024. Filed on November 12, 2025.

1630 N Meridian St Suite 175
Indianapolis, Indiana 46202

Near North Development Corporation (EIN: 35-1427889) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Near North Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 4 total employees. Among the employees shown here, the average compensation is $54,310. The highest compensated employee at Near North Development Corporation is Brian Carman with fiscal year 2024 compensation of $103,537.

Revenue, expenses, and employee compensation

Revenue

$605,232

Expenses

$949,379

Employee compensation

$282,891
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brian Carman
President - Exit 9/27/24
$103,537
$97,095 No related comp$6,442
Shamika Anderson
President - Start 12/16/24
$5,083
$4,583 No related comp$500

Benchmark Employee Compensation

Non-Employee Board Members

Barb Stahl
Director
Ben Spandau
Director
Celeste Jones
Director
Cordelia Lewis-Burks
Director
Cynthia Bay
Treasurer
Danita Hoskin
Director
Greg Petrowich
Secretary
Jamal Smith
Director
James Whitfield
Director
Jeff Congdon
Director
Lindsey Richardt
Director
Maria Langston
Chair

Contractors

Structure Midwest LLC
General Contracting
$521,747

Mission Statement

Inner-city housing and economic development focusing on low-income individuals.

Revisions to this organization profile

November 12, 2025:
2024 Near North Development Corporation 990 filed
October 29, 2024:
2023 Near North Development Corporation 990 filed
November 14, 2023:
2022 Near North Development Corporation 990 filed

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