Overview
What is Lafayette-West Lafayette Development Corporation?
Lafayette-West Lafayette Development Corporation, also known as Greater Lafayette Commerce, is a nonprofit organization situated in Lafayette, Indiana. Their primary objective is to boost the economic vitality, improve the quality of life, and enhance social welfare within the citizens of Lafayette, West Lafayette, Tippecanoe County, and the West Central region of Indiana. They provide leadership for the development and implementation of economic and community development strategies to cater to the evolving needs of these communities, as per their mission statement. The corporation employs a team of 10 individuals, working diligently to accomplish these goals.
Official website here: www.greaterlafayettecommerce.com
Is Lafayette-West Lafayette Development Corporation legitimate?
Lafayette-West Lafayette Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lafayette-West Lafayette Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $258,643
Professional Fundraising Fees: $0
Other Salaries and Wages: $881,350
For more financial information, click here
Official website here: www.greaterlafayettecommerce.com
What is the mission statement of Lafayette-West Lafayette Development Corporation?
The Lafayette-West Lafayette Development Corporation is organized with a mission to enhance the economic vitality, quality of life, and social welfare of its citizens. This organization provides leadership in the development and implementation of economic and community development strategies, aiming to address the evolving needs of the communities it serves. By doing so, it aims to contribute to the betterment of its citizens' overall well-being. The corporation's activities are focused on improving various aspects of life in the community, from economic growth to improving the overall quality of life. The exact details of these strategies and initiatives can be found in their scheduled plans.
Official website here: www.greaterlafayettecommerce.com
Who is the CEO of Lafayette-West Lafayette Development Corporation?
Tom Murtaugh is the Chair of Lafayette-West Lafayette Development Corporation.
Official website here: www.greaterlafayettecommerce.com
What is the revenue of Lafayette-West Lafayette Development Corporation?
Lafayette-West Lafayette Development Corporation's revenue in 2022 was $4,383,419.
Official website here: www.greaterlafayettecommerce.com
Who are the executives of Lafayette-West Lafayette Development Corporation and what are their salaries?
The average compensation at Lafayette-West Lafayette Development Corporation during 2022 was $113,999. There are 10 employees and 846 volunteers at Lafayette-West Lafayette Development Corporation.
Here are 28 key members and their salaries:
- Compensation: $54,528
- Related: $163,583
- Other: $40,532
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Official website here: www.greaterlafayettecommerce.com
Where can I find the form 990 for Lafayette-West Lafayette Development Corporation?
Lafayette-West Lafayette Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greaterlafayettecommerce.com
Learn more at the official website: www.greaterlafayettecommerce.com
Mission Statement of Lafayette-West Lafayette Development Corporation
Lafayette-West Lafayette Development Corporation is an organization with a mission to enhance the economic vitality, quality of life, and social welfare of its citizens. This nonprofit is dedicated to improving the well-being of its community members by providing leadership for the development and implementation of economic and community development strategies. These strategies are designed to address the evolving needs of the communities, ensuring they remain vibrant and prosperous. By focusing on economic growth and community development, Lafayette-West Lafayette Development Corporation aims to create a better future for its constituents, ultimately contributing to their overall quality of life.
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Impact
October, 2024
The Lafayette-West Lafayette Development Corporation significantly enhances the economic vitality, quality of life, and social welfare of the residents in Lafayette, West Lafayette, Tippecanoe County, and the broader West Central region of Indiana. By providing leadership in developing and implementing strategic economic and community initiatives, the corporation addresses the evolving needs of these communities.
Its impact can be seen through various channels, such as fostering local economic growth, supporting infrastructure improvements, and promoting social welfare programs. These efforts not only stimulate job creation and enhance the local economy but also improve the overall quality of life for citizens by providing access to better community resources and services. The corporation's commitment to community improvement plays a crucial role in shaping a resilient and thriving environment for current and future generations.
This information is meant to be a general summary of Lafayette-West Lafayette Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$7,043
- Program Service Revenue: $1,123,524
- Gross Receipts: $4,391,359
Assets and Liabilities:
- Total Assets: $5,290,744
- Total Liabilities: $1,174,268
- Net Assets: $4,116,476
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$815,818
SEMINARS & EVENTS
Revenue
$213,929
MAGAZINE SALES
Revenue
$87,600
WEBSITE/NEWSLETTERS
Revenue
$2,245
MILESTONE EVENTS
Revenue
$2,140
Organization Details
Founding Year
2006
Phone
(765) 742-4044Principal Officer
Tom Murtaugh
Main Address
337 COLUMBIA STREET PO BOX 348, LAFAYETTE, IN, 479020348
NTEE Category
Code: S99 - Community improvement
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