EIN 35-1554538

Lacasa

IRS 501(c) type
501(c)(3)
Num. employees
46
City
State
Year formed
1970
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Lacasa builds homes, manages properties, and empowers individuals with financial education to promote neighborhood vitality and family stability.
Also known as...
Lacasa of Goshen
Total revenues
$5,543,630
2022
Total expenses
$4,234,534
2022
Total assets
$28,426,698
2022
Num. employees
46
2022

Program areas at Lacasa

Asset and property management: manages leasing and maintenance for all lacasa-owned rental property and provides safe, attractive and affordable housing to low- and moderate-income families. As of the end of 2022, Lacasa owned and managed 344 rental units located in the cities of Goshen and elkhart, Indiana. During 2022, Lacasa completed an 8-unit, 4 duplex (one historic rehab and 3 new construction) project in a historic arts district neighborhood near downtown elkhart.
Financial empowerment center: works with low- and moderate-income families and community partners to prepare for, provide and maintain homeownership. In 2020, Lacasa redesigned and repackaged its financial training curriculum under the "master it" umbrella with master your money, master homeownership, master your debt, and master your credit. These classes were also reformatted for delivery in a virtual environment in response to the pandemic. In 2022, these classes graduated 149, 110, 32, and 93, respectively. Lacasa offers individual development savings accounts used for homeownership, secondary education, transportation needs or to start a business. In 2022, 18 homeownership class graduates purchased homes. Lacasa also offers one-on-one individual counseling for pre- and post-purchase.
Real estate development: manages the acquisition of property, rehabilitation and/or construction of housing for re-sale to homebuyers or for long term rental management. During 2022, Lacasa completed construction on 4 duplexes in elkhart and began rehabilitation of 7 single family units in Goshen, 4 of which are historic. Lacasa completed and sold its third new construction, for-sale home in a pilot program to assess the use of modular housing to revitalize aging and underserved neighborhoods with new owner-occupied housing. Lacasa began construction of 8 for-sale homes as part of a program designed to improve the quality of existing housing stock while benefiting low-income households. Finally, as part of Lacasa's help-a-house program, 4 owner-occupied homes were rehabilitated.
Community building & engagement: empowers neighbors to organize and reverse trends that cause neighborhoods to deteriorate and experience social and financial disinvestment. Community building and engagement provides education and encourages neighborhood residents to collaborate with Lacasa and city/county officials in making decisions that affect their neighborhoods. Lacasa's goal is that neighborhoods selected for development become safe and attractive places where families choose to invest their time, money and other resources. In 2022, Lacasa continued its historical work with multiple neighborhoods in Goshen and with the tolson neighborhood in south-central elkhart.

Grants made by Lacasa

GranteeGrant descriptionAmount
Downtown Ministries of GoshenTo Further the Entity's Mission of Providing Housing To Individuals Transitioning Out of Environments of Domestic Abuse.$0

Who funds Lacasa

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$303,500
Community Foundation of Elkhart County (CFEC)To Further the Exempt Purpose of the Organization$55,165
Crossroads United WayOperations$50,000
...and 7 more grants received

Personnel at Lacasa

NameTitleCompensation
Jeremy StutsmanChief Executive Officer
James DavisChief Operating Officer / Vice President Finance / Vice President of Finance$100,727
Amy CallChief Financial Officer$87,847
Sheila SieradzkiVice President Client Services / Vice President Client Empowerment Services$105,666
Alan GreaserVice President Asset Management
...and 3 more key personnel

Financials for Lacasa

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,010,367
Program services$1,973,556
Investment income and dividends$396,594
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$19,133
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$143,980
Total revenues$5,543,630

Form 990s for Lacasa

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-02-11990View PDF
...and 9 more Form 990s

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Evansville Rescue MissionEvansville, IN$7,544,135
Modesto Gospel MissionModesto, CA$7,428,510
Saint Anne Home and Retirement CommunityFort Wayne, IN$25,970,139
Wesley Community Development CorporationHuntersville, NC$2,844,958
Decatur Cooperative MinistryDecatur, GA$1,438,700
Data update history
December 28, 2023
Received grants
Identified 2 new grant, including a grant for $2,102 from Cinnaire Corporation (GLCF)
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 4 new personnel
September 27, 2023
Received grants
Identified 4 new grant, including a grant for $303,500 from NeighborWorks America
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsCharitiesChurches
Issues
Human servicesReligionHousing
Characteristics
ReligiousState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
202 N Cottage Ave
Goshen, IN 46528
Metro area
Elkhart-Goshen, IN
County
Elkhart County, IN
Website URL
lacasainc.net/ 
Phone
(574) 533-4450
Facebook page
LaCasaInc 
IRS details
EIN
35-1554538
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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