Northwest Indiana Friendship House | Application Preview
Northwest Indiana Friendship House is seeking government grants to complete essential renovations at their facility. The funds will be used primarily for debris removal, establishing electricity in the gymnasium and first floor, and installing a gym floor, bathrooms, and paint in the gym.
As a nonprofit organization, they plan to offer the renovated space for lease once completed. Their financial strategy includes a subscription model similar to that of public radio, supported by a large base of sponsors. Additionally, they aim to develop a trust fund to ensure long-term sustainability, alongside ongoing fundraising efforts.
The organization emphasizes its mission to support underserved urban and rural communities in Northwest Indiana by providing services in early childhood development, youth and adult empowerment, and senior citizen assistance. While there are national groups like the Boy's Club and YWCA offering similar programs, Northwest Indiana Friendship House believes their localized approach and broader range of services will give them a competitive advantage in effectively meeting community needs.
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General Information
Business Registration Number: 2014102000066
Location: Gary, IN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
We want to finish removing debris from the building especially the lower level under the gym. We want to get electricity established for the gymnasium and first floor. We want to put in the gym floor, bathrooms, and paint the gymnasium.
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Business Plan
Our business is non profit however our organization will make available space once completed for leasing. We will use a subscription model as employed by public radio with thousands of sponsors to finance a part of our budget. We will develop trust that will be used as apart of the long term financial plan. Finally fundraising we still be apart of what we do to remain viable. This is a goodwill endeavor. We will provide services to residents of underserved unban and rural communities located in Northwest Indiana. Our focus early childhood development, youth and adult empowerment and senior citizen services.
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Self Identified Competition
There our other national groups doing some of what we will be doing. The Boy's Club, YWCA, in our city. Our service will be exclusively targeting Northwest Indiana, and our target demographic will be wider with more varied services.
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Contact Applicant
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