Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| (A)
ENFOCUS INC |
455638209 | 10 | Yes | 0 | 0 | |
| (B)
THE ASSOCIATION OF INDIANA ENTERPRISE ZONES INC |
351996121 | 10 | Yes | 0 | 0 | |
|
Total 2
|
0 | 0 | ||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Part IV Section A Line 1 | HISTORIC RELATIONSHIP - ENFOCUS AND AIEZ PARITICIPATE IN THE ORGANIZATION FORMATION START-UP AND ONGOING IMPLEMENTATION OF MANAGMENT AND IMPLEMENTATION OF THE TAXPAYER SINCE INCEPTION . |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Part III, line 2 | Assist in the organization of its second community development entity to facilitate financing of economic development and job creation in low income communities targeted by local government for economic development. Anticipate assisting the state of Indiana and the dity of Kokomo in financing over $50,000,000 in public infrastructure required for a electric vehicle battery plant located in a low income community that will create over 1,400 jobs with wages excess of the MIT living wage with benefits most of which will be assessible to low income person without a college degree. |
| Part VI, Line 7b | Per the Taxpayer's Articles the Taxpayer is at all time accountable to a residents of low income communities through its advisory board as contemplated under Section 45Dc1B and b its Supported Organizations. Throughout the year representatives of the Supported Organizations and members of the the Taxpayer's advisory board monitors review sand discuss the activity of the Taxpayer and its affiliate entities reported on Schedule R to assure such activity is consistent with the purposes and missions of the Supported Organizations Taxpayer and each of the Tax Payer's Community Development Entities. Each proposed and monitored transaction of each affiliated entity is reviewed by representatives of the Supported Organizations on the Taxpayer's governing board and Taxpayer's advisory board upfront and on a routine period basis after closing to assure such transaction is exclusively related and consistent with the missions and purposes of the Taxpayer and its Supported Organizations. The exclusive purpose of the Taxpayer's independent statewide advisory broad is to assure that the Taxpayer and is affiliate entities are only facilitating the formation and operation of community development entities and transactions that exclusively further the missions and purposes of the Supported Organizations and Taxpayer. Detailed analysis of each proposed formation of each of the Taxpayer's community development entity and each proposed transaction of such community development entity is completed for the Taxpayer's advisory board to assure such activity is and will continue to be related to the missions and purposes of the Taxpayer and its Community Development Entities. The Taxpayer with not pursue the formation a new community development entity or allow a community development entity to facilitate a new transaction without the support of the Taxpayer's advisory board and the representatives of its Supported Organizations. |
| Part VI, Line 12c | Routinely analyze by management and advice provided to each director and office to report any potential conflict of interest. No transaction is effectuated by the taxpayer without considering potential conflicts of interest. To date there have not been an breaches or required enforcement related to the Taxpayer's policies. |
| Part VI, line 9 | | Name of the person:, Address of the person:| Dennis Carson, 515 Columbia Street, Lafayette, IN, 46037| S Joe DeHaven, 11760 Whisperwood, Fishers, IN, 46037| Andrew Wiand, 635 S Lafayette BLVD Suite 123L, South Bend, IN, 46601| |
| Part I, Line 1 | | Explanation:| Primary Mission: a To lessen the burdens of government on community development economic development public health and safety or workforce development projects by providing innovative entrepreneurial solutions that will cut costs and increase the overall impact of these programs in the State; b To develop the capacity to improve the quality of life within economically distressed communities in the State of Indiana State; c To provide education by instructing or training individuals and organizations for the purpose of improving or developing their capabilities in the State; d To participate in community based economic development activities as contemplated under Indiana Code 28-1-11-14 Community Based Economic Development Activities in the State; or e To make public welfare investments as contemplated in Section 24 of the Federal Deposit Insurance Act 12 U.S.C.1831a Part 362 of the FDIC's Rules and Regulations and 12 C.F.R. Part 362 and Section 24 eleventh of the National Bank Act 12 U.S.C. 24 11th a Public Welfare Investment in the State. |
| Part III, Line 1 | | Explanation:| Primary Mission: a To lessen the burdens of government on community development economic development public health and safety or workforce development projects by providing innovative entrepreneurial solutions that will cut costs and increase the overall impact of these programs in the State; b To develop the capacity to improve the quality of life within economically distressed communities in the State of Indiana State; c To provide education by instructing or training individuals and organizations for the purpose of improving or developing their capabilities in the State; d To participate in community based economic development activities as contemplated under Indiana Code 28-1-11-14 Community Based Economic Development Activities in the State; or e To make public welfare investments as contemplated in Section 24 of the Federal Deposit Insurance Act 12 U.S.C. 1831a Part 362 of the FDIC's Rules and Regulations and 12 C.F.R. Part 362 and Section 24 eleventh of the National Bank Act 12 U.S.C. 24 11th a Public Welfare Investment in the State. |
| Part VIII, Line 11 | | Explanation:| d. RELATED PROGRAM INCOME ALLOCATION SET FORTH ON SCHEDULE K-1 FROM THE NEW MARKET OPPORTUNITY FUND CDE LLC EIN: 84-1950002 |
| Part VI, Line 11 | | Explanation:| 11. b. Throughout the year representatives of the Supported Organizations and members of the Taxpayer's governing board and officers monitor review and discuss the activity of the Taxpayer and its affiliate entities reported on Schedule R to assure such activity is consistent with the purposes and missions of the Supported Organization and the Taxpayer and how such activity will be reported on the Taxpayer's Form 990 and each affiliate entity's tax return. When needed the management of Taxpayer and its affiliate entities seek advice from independent tax accountants related to such analysis. Each proposed and monitored transaction of each affiliated entity is reviewed by the Supported Organizations members of the Taxpayer's governing board and officers the Taxpayer's advisory board upfront and on a routine period basis after closing to assure such transaction is exclusively related and consistent with the missions and purposes of the Taxpayer and its Supported Organizations. The exclusive purpose of the Taxpayer's independent statewide advisory broad is to assure that the Taxpayer and is affiliate entities are only facilitating the formation and operation of community development entities and transactions that exclusively further the missions and purposes of the Supported Organizations and Taxpayer. Detailed analysis of each proposed formation of each of the Taxpayer's community development entity and each proposed transaction of such community development entity is completed for Taxpayer by management of each community development entity and reviewed and routinely monitored by the Supported Organizations members of the Taxpayer's governing board and officers and the Taxpayer's advisory board to assure such activity is and will continue to be related to the missions and purposes of the Taxpayer and its Supported Organizations by the Supported Organizations. The tax return of each Taxpayer affiliate entity along with the Taxpayer's Form 990 are all provided to Supported Organizations and members of the Taxpayer's governing board and officers prior to filing such returns. All of such tax returns are also made available to the Taxpayer's advisory board as part of its routine periodic reporting. |
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| Software Version: |