Skip to content
ProPublica Donate
ProPublica Donate

Raphael Realty Inc

  • Indianapolis, IN
  • Tax-exempt since June 2003
  • EIN: 74-3093941

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$239k (2023)

Expenses
$176k (2023)

Total Assets
$4.59M (2023)

Total Liabilities
$4.52M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,400
Expenses
$176,307
Net Income
$63,093
Net Assets
$70,050
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $239,400
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,592,673
Total Liabilities $4,522,623
Net Assets $70,050
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $171,065 $23,012
Sanford Garner (Vice President) $0 $0 $0
Sarah Noel (Vice Chair) $0 $0 $0
Pat Casanova (Secretary/Treasurer) $0 $0 $0
Rhonda Garrison (Committee Member) $0 $0 $0
Bernice Corley (Committee Member) $0 $0 $0
Paul Utterback (Cfo) $0 $121,462 $18,560
+ View more people

Document Links

990
Filed on Sept. 25, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,400
Expenses
$177,500
Net Income
$61,900
Net Assets
$6,957
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $239,400
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,456,480
Total Liabilities $4,449,523
Net Assets $6,957
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $160,965 $16,129
Sanford Garner (Vice President) $0 $0 $0
Sarah Noel (Vice Chair) $0 $0 $0
Pat Casanova (Secretary/Treasurer) $0 $0 $0
Stephanie Caraway (Treasurer Term Ended 8/22) $0 $0 $0
Julie Fidler (Committee Member Term Ended 8/22) $0 $0 $0
Rhonda Garrison (Committee Member) $0 $0 $0
Bernice Corley (Committee Member Term Began 9/22) $0 $0 $0
Paul Utterback (Cfo) $0 $112,183 $23,988
+ View more people

Document Links

990
Filed on Sept. 27, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,400
Expenses
$180,513
Net Income
$58,887
Net Assets
-$54,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $239,400
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,559,786
Total Liabilities $4,614,729
Net Assets -$54,943
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $151,799 $14,393
Sanford Garner (Vice President) $0 $0 $0
Sarah Noel (Vice Chair) $0 $0 $0
Pat Casanova (Secretary) $0 $0 $0
Stephanie Caraway (Treasurer) $0 $0 $0
Julie Fidler (Committee Member) $0 $0 $0
Paul Utterback (Cfo) $0 $106,508 $21,881
+ View more people

Document Links

990
Filed on Oct. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$239,400
Expenses
$152,892
Net Income
$86,508
Net Assets
-$113,830
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $239,400
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,431,012
Total Liabilities $4,544,842
Net Assets -$113,830
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $138,945 $9,627
Stanley Reed (Vice President) $0 $0 $0
Stephanie Caraway (Treasurer) $0 $0 $0
Pat Casanova (Secretary) $0 $0 $0
Julie Fidler (Committee Member Term Began 03/20) $0 $0 $0
Sanford Garner (Committee Member) $0 $0 $0
Janell Gurney (Committee Member Term Ended 01/20) $0 $0 $0
Tom Spradling (Treasurer Term Ended 04/20) $0 $0 $0
Shana Paula (Secretary Term Ended 06/20) $0 $0 $0
Paul Utterback (Cfo) $0 $94,590 $5,617
+ View more people

Document Links

990
Filed on Oct. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,504
Expenses
$99,276
Net Income
$31,228
Net Assets
-$200,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $130,500
100.0%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,527,233
Total Liabilities $4,727,571
Net Assets -$200,338
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $136,780 $7,619
Stanley Reed (Vice President) $0 $0 $0
Tom Spradling (Treasurer Began 09/'19) $0 $0 $0
Shana Paula (Secretary) $0 $0 $0
Janell Gurney (Committee Member) $0 $0 $0
Stephanie Caraway (Committee Member Began 08/'19) $0 $0 $0
Terry Turman (Interim Cfo Ended 01/'20) $0 $44,954 $0
Paul Utterback (Cfo Began 12/'19) $0 $3,654 $0
Victoria Downs (Cfo Ended 05/'19) $0 $40,057 $1,602
+ View more people

Document Links

990
Filed on Nov. 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,200
Expenses
$93,281
Net Income
$919
Net Assets
-$231,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $94,200
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,126,650
Total Liabilities $2,358,216
Net Assets -$231,566
Compensation
Key Employees and Officers Compensation Related Other
Sherry Gray (President) $0 $135,191 $27,477
Stanley Reed (Vice President) $0 $0 $0
Dan Gaafar (Secretary/ Treas) $0 $0 $0
Sharon Marshall (Director) $0 $0 $0
Victoria Downs Exited 519 (Cfo) $0 $76,467 $15,541
Terry Turman Started 519 (Interim Cfo) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,202
Expenses
$110,263
Net Income
-$16,061
Net Assets
-$232,485
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $94,200
100.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,219,151
Total Liabilities $2,451,636
Net Assets -$232,485
Compensation
Key Employees and Officers Compensation Related Other
Deanna Roudebush Ended 102017 (President) $0 $150,193 $21,388
Liesle Mertes (Vice President) $0 $0 $0
Dan Gaafar (Secretary/ Treas) $0 $0 $0
Melissa Purpura (Director) $0 $0 $0
Sherry Gray Start 102018 (Interim President) $0 $23,580 $3,358
Michael Weaver (Cfo) $0 $94,832 $13,504
Victoria Downs Start 2018 (Cfo) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 9, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,502
Expenses
$76,578
Net Income
$9,924
Net Assets
-$216,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,500
100.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,360,690
Total Liabilities $2,577,114
Net Assets -$216,424
Compensation
Key Employees and Officers Compensation Related Other
Deanna Roudebush (President) $0 $146,134 $22,256
Liesle Mertes (Vice President) $0 $0 $0
Dan Gaafar (Secretary/ Treas) $0 $0 $0
Melissa Purpura (Director) $0 $0 $0
Michael Weaver (Cfo) $0 $95,710 $14,577
+ View more people

Document Links

990
Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,002
Expenses
$73,532
Net Income
$7,470
Net Assets
-$226,348
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,000
100.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,175,002
Total Liabilities $2,401,350
Net Assets -$226,348
Compensation
Key Employees and Officers Compensation Related Other
Deanna Roudebush (Executive Direc) $0 $135,830 $18,864
Jamie Cottingham (Vice President) $0 $0 $0
Dan Gaafar (Secretary/Treas) $0 $0 $0
Don Fledderjohn (Director) $0 $0 $0
Michael Weaver (Cfo) $0 $95,734 $13,295
+ View more people

Document Links

990
Filed on Nov. 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,003
Expenses
$73,387
Net Income
$7,616
Net Assets
-$233,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,000
100.0%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,248,068
Total Liabilities $2,481,886
Net Assets -$233,818
Compensation
Key Employees and Officers Compensation Related Other
Hoagland Elliott (President) $0 $99,716 $16,125
Jamie Cottingham (Vice President) $0 $0 $0
Dan Gaafar (Secretary/Treas) $0 $0 $0
Don Fledderjohn (Director) $0 $0 $0
Michael Weaver (Cfo) $0 $88,017 $14,233
+ View more people

Document Links

990
Filed on Oct. 22, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,002
Expenses
$72,916
Net Income
$8,086
Net Assets
-$241,434
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,000
100.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,321,452
Total Liabilities $2,562,886
Net Assets -$241,434
Compensation
Key Employees and Officers Compensation Related Other
Hoagland Elliott (President) $0 $92,600 $14,567
Jamie Cottingham (Vice President) $0 $0 $0
Dan Gaafar (Secretary/Treas) $0 $0 $0
Don Fledderjohn (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 24, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,002
Expenses
$72,711
Net Income
$8,291
Net Assets
-$249,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,000
100.0%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,384,796
Total Liabilities $2,634,316
Net Assets -$249,520

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$81,003
Expenses
$72,431
Net Income
$8,572
Net Assets
-$257,811
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $81,000
100.0%
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,457,255
Total Liabilities $2,715,066
Net Assets -$257,811

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated