Irvington Development Organization Inc.

Overview

The Irvington Development Organization Inc. (IDO) is a nonprofit organization based in Irvington, Indiana, dedicated to promoting the unique attributes of the historic Irvington community. Established in 2002 in response to concerns about local business decline along Washington Street, IDO aims to preserve the neighborhood's stability and charm while fostering economic growth.

Mission and Objectives

IDO's mission encompasses several key objectives:

• Community Development: To recruit businesses and create jobs that enhance the economic landscape of Irvington.

• Preservation of Historic Character: To maintain and promote the historical integrity of the Irvington area, which features numerous significant homes and businesses.

• Collaborative Initiatives: To work alongside local stakeholders, including community councils and historical societies, to address development issues from a broad perspective.

Financial Information

The organization is classified as a 501(c)(3) nonprofit, allowing for tax-deductible donations. IDO's funding sources include:

• Individual donations
• Membership fees
• Grants
• Fundraising events
• Administrative budgets for specific projects

Financial Performance

According to data from the IRS Form 990-EZ, IDO's financial performance has shown fluctuations in revenue primarily derived from contributions and program services. Key financial indicators include:

• Total Assets: Varied year to year, with a reported total of approximately $59,132 in the fiscal year ending December 2018.

• Revenue Composition: Contributions accounted for a significant portion of total revenue, with program services also contributing to operational funding.

Community Impact

IDO has spearheaded several initiatives in the Irvington area. Notable projects include:

• Irvington Streetscape Project: Aiming to enhance the physical appearance and walkability of the neighborhood.

• Support for Local Events: Assisting in the organization of community events that celebrate Irvington’s culture and history.

Governance

The board of directors for IDO includes representatives from various local organizations such as the Irvington Community Council, the Irvington Historical Society, the Irvington Business Association, and the Irvington Garden Club. This diverse governance structure allows for a collaborative approach to community development.

Conclusion

The Irvington Development Organization Inc. plays a crucial role in sustaining the historical significance and economic viability of the Irvington community. Through its dedicated efforts in community engagement and development, IDO continues to enhance the quality of life for residents and visitors alike.