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Lacasa Of Goshen Inc

Lacasa Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351554538 ✦ Goshen, IN ✦ Designated as a 501(c)(3)

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Overview

What is Lacasa Of Goshen Inc?

Lacasa of Goshen Inc, with a headquarters at 202 N Cottage Avenue, Goshen, IN 46528, is a nonprofit organization focused on creating opportunities for personal empowerment, family stability, and neighborhood vitality. Their primary activity involves managing leasing and maintenance for their own rental properties, offering safe, attractive, and affordable housing to low- and moderate-income families. As of 2022, Lacasa managed 344 rental units in Goshen and Elkhart, Indiana. They also engage in real estate development, financial empowerment, and community building and engagement. In 2022, they completed an 8-unit project in a historic arts district neighborhood in Downtown Elkhart. Lacasa Inc, as they are also known, is staffed by 46 dedicated individuals.


Official website here: www.lacasainc.net

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%, Four-Star out of Four Star rating.

Lacasa Of Goshen Inc has achieved an impressive Four-Star rating from Charity Navigator, showcasing its excellence in accountability and finance with a perfect score of 100%. The organization demonstrates strong governance through its independent board members and effective financial oversight, ensuring that resources are managed responsibly and transparently.

In addition to its financial strengths, Lacasa excels in culture and community with a perfect score of 100%. This reflects its commitment to collecting and utilizing constituent feedback effectively, reinforcing its responsiveness to the needs of the community it serves. The organization employs best practices to engage with stakeholders and adapt to challenges.

While the data is overwhelmingly positive, it's important to recognize that a strong focus on accountability and community feedback does not inherently address all operational challenges. However, Lacasa's comprehensive policies and practices suggest a robust framework for maintaining integrity and effectiveness in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Lacasa Of Goshen Inc legitimate?

Lacasa Of Goshen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lacasa Of Goshen Inc 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: $259,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,179,574

For more financial information, click here


Official website here: www.lacasainc.net

What is the mission statement of Lacasa Of Goshen Inc?

Lacasa of Goshen Inc works to create opportunities for personal empowerment, family stability, and neighborhood vitality in collaboration with individuals and community partners. This mission is accomplished through various initiatives, including real estate development, asset and property management, financial empowerment, and community building and engagement.

In the realm of real estate development, Lacasa manages leasing and maintenance for its rental properties, providing safe, attractive, and affordable housing to low- and moderate-income families. As of the end of 2022, Lacasa managed 344 rental units in two cities, Goshen and Elkart, Indiana.

The organization also engages in asset and property management by overseeing leasing and maintenance for all Lacasa-owned rental properties. During 2022, Lacasa completed an 8-unit project, consisting of 4 duplexes (one historic rehab and three new constructions), in a historic arts district neighborhood near downtown Elkart.


Official website here: www.lacasainc.net

Who is the CEO of Lacasa Of Goshen Inc?

Jeremy P Stutsman is the Principal Officer of Lacasa Of Goshen Inc. The CEO's salary of Lacasa Of Goshen Inc is $77,327 and their total compensation is $97,952.


Official website here: www.lacasainc.net

What is the revenue of Lacasa Of Goshen Inc?

Lacasa Of Goshen Inc's revenue in 2022 was $5,543,630.


Official website here: www.lacasainc.net

Who are the executives of Lacasa Of Goshen Inc and what are their salaries?

The average compensation at Lacasa Of Goshen Inc during 2022 was $31,291. There are 46 employees and 315 volunteers at Lacasa Of Goshen Inc.


Here are 11 key members and their salaries (Lacasa Of Goshen Inc's CEO's salary is $77,327 and their total compensation is $97,952):


Deb Jones (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Weddell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Wolfer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Schlabach Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eriberta Perez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Romero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derald Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Kauffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Stoltzfus Mchugh (Chief Impact Officer/Interim Ceo)
  • Compensation: $77,327
  • Related: $0
  • Other: $20,625
Amy Call (Cfo)
  • Compensation: $87,847
  • Related: $0
  • Other: $12,381
Chris Kingsley (Former President)
  • Compensation: $106,024
  • Related: $0
  • Other: $28,842


Official website here: www.lacasainc.net

Where can I find the form 990 for Lacasa Of Goshen Inc?

Lacasa Of Goshen Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lacasainc.net

Learn more at the official website: www.lacasainc.net

Mission Statement of Lacasa Of Goshen Inc

Lacasa of Goshen Inc is an organization that works collaboratively with individuals and community partners to foster personal empowerment, family stability, and neighborhood vitality. Their mission is carried out through various initiatives, including real estate development, asset and property management, financial empowerment, and community building and engagement.

Through their asset and property management services, Lacasa manages leasing and maintenance for all their owned rental properties, providing safe, attractive, and affordable housing to low- and moderate-income families. As of the end of 2022, Lacasa owned and managed 344 rental units in the cities of Goshen and Elkhart, Indiana. One of their notable projects in 2022 was an 8-unit, 4 duplex project, which included one historic rehab and three new constructions, located in a historic arts district neighborhood near downtown Elkhart.

In essence, Lacasa of Goshen Inc is dedicated to improving the lives of individuals and communities by creating opportunities for personal growth, stabilizing families, and enhancing neighborhoods. They achieve this through strategic real estate development, meticulous property management, and proactive community engagement and building initiatives.

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Impact




October, 2024

Lacasa of Goshen Inc. significantly impacts the local communities of Goshen and Elkhart, Indiana, by promoting personal empowerment, family stability, and neighborhood vitality. Through its strategic initiatives, the organization develops affordable housing options that are safe and attractive for low- and moderate-income families.

As of the end of 2022, Lacasa owned and managed 344 rental units, providing essential housing that supports families in achieving stability. The organization also engages in real estate development, including the recent completion of an 8-unit project featuring both historic rehabilitation and new construction in a vibrant arts district. This not only enhances the neighborhood's aesthetic appeal but also stimulates economic activity by attracting new residents and businesses.

In addition to property management, Lacasa emphasizes financial empowerment, equipping individuals with the skills and resources needed to make informed financial decisions. By fostering a sense of community through engagement and support, Lacasa plays a crucial role in creating opportunities that uplift entire neighborhoods, ultimately contributing to the overall well-being of the region.




This information is meant to be a general summary of Lacasa Of Goshen Inc. 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.

Revenue
$5,543,630 (2022)
Expenses
$4,234,534 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $415,727
  • Program Service Revenue: $1,973,556
  • Gross Receipts: $5,829,347

Assets and Liabilities:

  • Total Assets: $28,426,698
  • Total Liabilities: $6,700,443
  • Net Assets: $21,726,255

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,566,088

MANAGEMENT FEES

Revenue

$365,507

CLIENT SERVICE FEES

Revenue

$22,828

OTHER FEES

Revenue

$19,133

Organization Details

Founding Year

1970

Principal Officer

Jeremy P Stutsman

Main Address

202 N COTTAGE AVENUE, GOSHEN, IN, 46528

NTEE Category

Code: L21 - Housing

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