Southeast Neighborhood Development Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Southeast Neighborhood Development, Inc. (SEND) is a non-profit community development corporation that advocates for housing, economic, and social equity by working with residents, business owners, and community partners to create and maintain inclusive, healthy, and vibrant neighborhoods in southeast Indy. Since 1983, we've invested more than $40 million in development projects in our community while improving housing, attracting business and investment, fostering education, sponsoring unique events, and helping spread the word about all the good things going on in our neighborhood.
- Income
- $3.1 million
- Spending
- $3.4 million
- Spent on programs
- 90%
- Reserves
- 3.3 months of spending
- Largest source of income
- government grants, 59%
- Employees
- 20
- Volunteers
- 25
- Highest pay
- $106,426, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 3.3 months of spending.
Debt
16 of 20It owes 22% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2.6 million spent. Affordable Housing SEND envisions vibrant communities where equitable access to high-quality, long-term affordable housing is a reality for all, irrespective of income, race, ethnicity, background, or ability.
- $352,696 spent. Economic Development SEND envisions vibrant local economies where small business owners and entrepreneurs no longer face barriers, having equitable access to capital and resources that support business growth.
- $123,960 spent. Community Building SEND envisions neighborhoods where all voices have a space and a place to advocate for a better quality of life.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1983.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.