Lafayette Urban Enterprise Associat

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

EIN: 351901386 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is Lafayette Urban Enterprise Associat?

Lafayette Urban Enterprise Association, abbreviated as LUEA, is a nonprofit organization situated in Lafayette, Indiana. Their primary focus is on promoting business growth and reinvestment within the city through direct enterprise zone activities. With a team of 10 dedicated individuals, LUEA plays a significant role in uplifting the local economy. The organization is committed to fostering a positive business environment in Lafayette, Indiana.

Is Lafayette Urban Enterprise Associat legitimate?

Lafayette Urban Enterprise Associat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Urban Enterprise Associat 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: $30,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $400,978

For more financial information, click here

What is the mission statement of Lafayette Urban Enterprise Associat?

The Lafayette Urban Enterprise Association's mission involves engaging in direct enterprise zone activities and reinvestment within its operations. This mission is centered around promoting economic growth and development within the associated enterprise zone. By carrying out these activities, the organization aims to contribute positively to its local community. The Lafayette Urban Enterprise Association's focus on enterprise zone activities and reinvestment is its primary objective, with the ultimate goal of fostering a thriving economic environment.

Who is the CEO of Lafayette Urban Enterprise Associat?

Dennis Carson is the Director of Lafayette Urban Enterprise Associat.

What is the revenue of Lafayette Urban Enterprise Associat?

Lafayette Urban Enterprise Associat's revenue in 2022 was $1,152,011.

Who are the executives of Lafayette Urban Enterprise Associat and what are their salaries?

The average compensation at Lafayette Urban Enterprise Associat during 2022 was $43,157. There are 10 employees and 10 volunteers at Lafayette Urban Enterprise Associat.


Here are 4 key members and their salaries:


Dennis Carson (Director)
  • Compensation: $28,890
  • Related: $0
  • Other: $1,705
Michael Gibson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Roswarski (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Walker (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lafayette Urban Enterprise Associat?

Lafayette Urban Enterprise Associat's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lafayette Urban Enterprise Associat

Lafayette Urban Enterprise Association (LUEA) is dedicated to promoting entrepreneurial activities and reinvestment within the city of Lafayette, Indiana. This nonprofit organization's mission is centered around directly engaging in enterprise zone activities, aiming to stimulate economic development and revitalization within the city. By focusing on these activities, LUEA contributes to the overall growth and prosperity of Lafayette, Indiana.

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Impact




October, 2024

Lafayette Urban Enterprise Association (LUEA) plays a significant role in fostering economic development and revitalization in Lafayette, Indiana. By focusing on direct enterprise zone activities, LUEA stimulates local business growth and attracts new investments to the area. This strategic approach enhances job creation and supports economic sustainability within the community.

The organization's commitment to reinvestment in Lafayette allows for improvements in infrastructure and public spaces, which further enrich the community's livability. LUEA’s efforts not only contribute to the economic landscape but also promote community improvement, ultimately enhancing the quality of life for local residents. Through its initiatives, LUEA is creating a vibrant and prosperous environment that benefits everyone in Lafayette.




This information is meant to be a general summary of Lafayette Urban Enterprise Associat. 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
$1,152,011 (2022)
Expenses
$1,013,667 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$24,066
  • Program Service Revenue: $193,075
  • Gross Receipts: $1,176,091

Assets and Liabilities:

  • Total Assets: $2,488,917
  • Total Liabilities: $310,930
  • Net Assets: $2,177,987

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Programs

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

MEMBERSHIP

Revenue

$192,972

SEMINARS & EVENTS

Revenue

$103

Organization Details

Founding Year

1993

Principal Officer

Dennis Carson

Main Address

337 COLUMBIA STREET PO BOX 348, LAFAYETTE, IN, 479020348

NTEE Category

Code: S30 - Community improvement

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