Little-known not-for-profit boosts Indiana’s economic development agency

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One thought on “Little-known not-for-profit boosts Indiana’s economic development agency

  1. “The foundation’s expenditures aren’t public records, according to Lang, the counsel. He said that’s because the funds are private, not taxpayer dollars.” That’s false. If they are a 501c organization, then their Form 990s ARE subject to public disclosure. While this doesn’t provide all the detail for the expenditures, it does still provide the categories and amounts and they are required to disclose how much the key employees are paid. Ask again, and this time ask for their most recently filed Form 990, as well as the past few years. The most recent one available on Guidestar is 2011!

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