Indiana · Nonprofit
City of Gary Economic Development Corporation
City of Gary Economic Development Corporation (Indiana) receives grants from 4 organizations whose IRS filings report $90,000 to it, the largest being NATIONAL LEAGUE OF CITIES INSTITUTE INC ($50,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $42k
- Funders on record
- 4
- Grants received
- $90k
- Net assets
- $4.6M
What City of Gary Economic Development Corporation does
Mission
areduce unemployment by assisting and enabling the retention, attraction and expansion of business,bcombat community deterioration by promoting stability, economic growth, and partnerships between government and the business community,crecruit new business into the Gary area,dconduct charitable and educational activities to alleviate blight
As stated on its FY2024 Form 990.
Programs
The Gary Economic Development Corporation GEDC leads the City of Garys efforts to develop real estate, attract new businesses, expand and retain existing businesses, job creation, and increase the quality of life for City residents. In 2015, GEDC established a relationship with United Parcel Service, which holds job fairs to employ Gary residents as package handlers at its Hodgkins, IL facility. GEDC also partnered with the City of Gary for Life, an anti-violence initiative to reduce crime and improve residents quality of life. GEDC continued its efforts towards the development of the University Park Neighborhood and Campus Plan to redevelop a 7.5 quare mile footprint surrounding Indiana University and Ivy Tech Community College. GEDC continued its relationship with Carmeuse Lime and Stone to invest 10M into a green facility, and with Garmong Constrcution to build industrial space in the Buffington Harbor area of Gary.
$101,331 spent$19,491 earned by the program31% of program spendingArtHouse A Social Kitchen is a culinary incubator program created to provide a mechanism for economic and artistic activity in downtown Gary. Through a series of culinary classes and events, ArtHouse has drawn hundreds of people from outside of Gary as a mechanism for tourism, a direct connection to economic development
$223,729 spent$22,077 earned by the program69% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $325,060.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.9M to $4.6M (−7%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 27%. Grants only. Government contracts and fees sit inside program revenue.
54% of City of Gary Economic Development Corporation’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2019: the base narrowed from 2 funders to 1 funder, grant income rose $40k → $50k.
From the IRS filings of City of Gary Economic Development Corporation’s funders (the co-funder graph). Top 3 of 4 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
City of Gary Economic Development Corporation leans on a few funders — its largest provides 56% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
56% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund City of Gary Economic Development Corporation.
Largest funder’s share by year: 2018 63% · 2019 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
City of Gary Economic Development Corporation draws 100% of its grant income from funders outside Indiana, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
City of Gary Economic Development Corporation's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024
Organizations like City of Gary Economic Development Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
33%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for City of Gary Economic Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds City of Gary Economic Development Corporation?
- City of Gary Economic Development Corporation (Indiana) receives grants from 4 organizations whose IRS filings report $90,000 to it, the largest being NATIONAL LEAGUE OF CITIES INSTITUTE INC ($50,000). 0 of them have funded it in more than one year.
- How many funders does City of Gary Economic Development Corporation have?
- IRS filings report 4 organizations giving $90,000 in grants to City of Gary Economic Development Corporation.
- Who is the largest funder of City of Gary Economic Development Corporation?
- NATIONAL LEAGUE OF CITIES INSTITUTE INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like City of Gary Economic Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds City of Gary Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing