2021-11-15T09:59:30-06:00 2020-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2020-01-01 351554538 LACASA OF GOSHEN INC LACA 5745334450 202 N COTTAGE AVENUE GOSHEN IN 46528 CHRIS KINGSLEY PRESIDENT 5745334450 2021-11-15 1 CHRIS KINGSLEY XXX-XX-XXXX JESSICA COOPER P01011828 3178485700 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LACASA INC CHRIS KINGLSEY 202 N COTTAGE AVENUE GOSHEN IN 46528 5297157 0 X WWW.LACASAINC.NET X 1970 IN LACASA WORKS WITH INDIVIDUALS AND COMMUNITY PARTNERS TO CREATE OPPORTUNITY FOR PERSONAL EMPOWERMENT, FAMILY STABILITY AND NEIGHBORHOOD VITALITY. THIS MISSION IS CARRIED OUT THROUGH REAL ESTATE DEVELOPMENT, ASSET AND PROPERTY MANAGEMENT, FINANCIAL EMPOWERMENT, IMMIGRATION SERVICES, AND COMMUNITY BUILDING AND ENGAGEMENT. 8 8 40 112 0 0 3153984 2983447 1861292 1802497 627338 441231 0 26122 5642614 5253297 0 0 0 0 1727764 1954900 0 0 236788 1846673 1877323 3574437 3832223 2068177 1421074 23394101 25186514 5636027 6039063 17758074 19147451 X LACASA WORKS WITH INDIVIDUALS AND COMMUNITY PARTNERS TO CREATE OPPORTUNITY FOR PERSONAL EMPOWERMENT, FAMILY STABILITY AND NEIGHBORHOOD VITALITY. 0 0 1708605 1477741 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 2020, LACASA OWNED AND MANAGED 350 RENTAL UNITS LOCATED IN THE CITIES OF GOSHEN AND ELKHART, INDIANA. DURING 2020, LACASA COMPLETED AN 11-UNIT, NEW CONSTRUCTION PERMANENT SUPPORTIVE HOUSING PROJECT IN THE NEAR-SOUTH SIDE OF ELKHART, EXPANDING THE PORTFOLIO OF SUPPORTIVE HOUSING TO A TOTAL OF 44 UNITS. 10 UNITS OF NEW CONSTRUCTION MODULAR RENTAL HOUSING WERE ADDED IN THE NEAR-WEST SIDE OF ELKHART, BUILT ON LOTS MADE AVAILABLE THROUGH THE BLIGHT ELIMINATION PROGRAM THAT LACASA PREVIOUSLY FACILITATED FOR THE COUNTY/CITY. FINALLY, LACASA, LEASED UP A NEW CONSTRUCTION, FAMILY-BASED DUPLEX NEAR ITS OFFICE IN THE CHAMBERLAIN NEIGHBORHOOD IN GOSHEN. 488568 336954 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 2020, LACASA BEGAN CONSTRUCTION ON AN 8-UNIT, NEW CONSTRUCTION RENTAL BUILDING IN GOSHEN IN COLLABORATION WITH OAKLAWN TO SERVE THEIR INDEPENDENT CLIENTS WITH HOUSING VOUCHERS. IN A NEAR-DOWNTOWN ELKHART NEIGHBORHOOD. CONSTRUCTION ALSO BEGAN ON 4 DUPLEXES (ONE HISTORIC REHAB AND THREE NEW CONSTRUCTION) IN A HISTORIC ARTS DISTRICT NEIGHBORHOOD NEAR DOWNTOWN ELKHART. LACASA COMPLETED AND SOLD ITS FIRST 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. FINALLY, AS PART OF LACASA'S 30TH ANNIVERSARY YEAR OF ITS HELP-A-HOUSE PROGRAM, 7 OWNER-OCCUPIED HOMES IN THE CITY OF GOSHEN WERE REHABILITATED. 688794 31774 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, MASTER YOUR CREDIT, AND MASTER STUDENT DEBT. THESE CLASSES WERE ALSO REFORMATTED FOR DELIVERY IN A VIRTUAL ENVIRONMENT IN RESPONSE TO THE PANDEMIC. IN 2020, THESE CLASSES GRADUATED 142, 74, 19, 30 AND 22 STUDENTS, RESPECTIVELY. LACASA ALSO OFFERS INDIVIDUAL DEVELOPMENT SAVINGS ACCOUNTS USED FOR HOMEOWNERSHIP, SECONDARY EDUCATION, TRANSPORTATION NEEDS OR TO START A BUSINESS. IN 2020, 16 HOMEOWNERSHIP CLASS GRADUATES PURCHASED HOMES. LACASA ALSO OFFERS ONE-ON-ONE INDIVIDUAL COUNSELING FOR PRE- AND POST-PURCHASE. 137036 66126 RESIDENT SERVICES: LACASA'S IMMIGRATION PROGRAM IS ONE OF THREE ORGANIZATIONS IN INDIANA THAT IS ACCREDITED BY U.S. CITIZENSHIP AND IMMIGRATION SERVICES (USCIS). THIS ACCREDITATION ENABLES OUR COUNSELORS TO SUBMIT DOCUMENTATION ON OUR CLIENTS' BEHALF AND ALSO REPRESENT THEM TO USCIS. IN 2020, OUR IMMIGRATION COUNSELORS FILED 239 DOCUMENTS WITH THE USCIS ASSISTING IMMIGRANTS TO RENEW RESIDENCY STATUS, APPLY FOR CITIZENSHIP AND PETITION FOR FAMILY MEMBERS TO ENTER THE U.S. LACASA ALSO SAW 470 IMMIGRANTS WITH GENERAL QUESTIONS ABOUT IMMIGRATION POLICY, PROCESS AND ELIGIBILITY. LACASA HAS DIRECT ACCESS TO USCIS OFFICIALS IN INDIANAPOLIS. OUR COUNSELORS REPRESENT CLIENTS ALL THE WAY THROUGH THE PROCESS TO ENSURE SUCCESS. 79874 6664 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 2020, LACASA CONTINUED ITS HISTORICAL WORK WITH MULTIPLE NEIGHBORHOODS IN GOSHEN, CONTINUED ITS WORK WITH THE PRAIRIE CREEK RUN NEIGHBORHOOD IN NORTH-EAST ELKHART BEGUN IN 2019 AND EXPANDED ITS REACH TO BEGIN A NEW COLLABORATION WITH THE TOLSON NEIGHBORHOOD IN SOUTH-CENTRAL ELKHART. 216910 72790 3102877 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 15 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X AMY CALL 5745334450 202 N COTTAGE AVENUE GOSHEN IN 46528 X CHRIS KINGSLEY PRESIDENT 45.00 0.00 X 89912 0 26277 JAMES DAVIS COO 45.00 0.00 X 91217 0 17579 DEB JONES CHAIR 0.80 0.00 X 0 0 0 BRETT WEDDELL VICE-CHAIR 0.80 0.00 X 0 0 0 DAVID CHUPP BOARD TREASURER 0.80 0.00 X 0 0 0 ELIAS GARCIA SECRETARY 0.80 0.00 X 0 0 0 BARBARA HASSAN BOARD MEMBER 0.80 0.00 X 0 0 0 NATE MATEER-REMPEL BOARD MEMBER 0.80 0.00 X 0 0 0 LINDA SCHLABACH MILLER BOARD MEMBER 0.80 0.00 X 0 0 0 ERIBERTA PEREZ BOARD MEMBER 0.80 0.00 X 0 0 0 181129 0 43856 0 0 0 0 0 2487188 496259 2983447 RENTAL INCOME 531110 1328571 1328571 CLIENT SERVICE FEES 900009 451219 451219 MANAGEMENT FEES 531310 22707 22707 1802497 350591 350591 134500 43860 90640 90640 90640 26122 26122 26122 5253297 1919259 0 350591 245511 116968 103292 25251 1230133 985390 137004 107739 64208 52981 6387 4840 296344 196675 73843 25826 118704 93261 16309 9134 1959 1434 525 29900 29900 17877 4524 6653 6700 22243 8462 498 13283 24885 5259 18275 1351 109264 24477 82324 2463 64555 61915 2640 31830 27849 3393 588 6523 4358 1966 199 156271 101863 54408 648832 499359 149473 140693 113550 27143 ASSET MANAGMENT 403377 403377 CLIENT SERVICES 146520 146520 REAL ESTATE DEVELOPMENT 123999 123999 OTHER EXPENSES 0 192532 -217977 25445 -51405 39 -62773 11329 3832223 3102877 492558 236788 1030 1029 2055152 1999013 265311 20000 1286956 1416467 5176017 5248625 60419 38607 19261492 7293540 10223989 11967952 102 0 853028 1407532 46390 22685 3425707 3064604 23394101 25186514 658230 281520 128202 147025 3296819 3757381 1457613 1430644 95163 422493 5636027 6039063 X 16777991 18614982 980083 532469 17758074 19147451 23394101 25186514 X 1421074 9394 -41091 X X 0 1 X 1 1 1 X 1371732 1556477 1964190 3153984 2983447 11029830 1371732 1556477 1964190 3153984 2983447 11029830 11029830 293343 298775 320078 370765 350591 1633552 88919 42884 76845 26122 234770 12898152 8789031 0.85510 0.83580 X SCHEDULE A, PART II, LINE 10 MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183693 183693 17545895 6733185 10812710 831259 560355 270904 700645 700645 11967952 MORTGAGE ESCROW DEPOSITS 2166 C RESERVE REPLACEMENT FUND 216001 C OTHER RESERVES 849544 C OTHER INVESTMENTS 339821 C 1407532 SECURITY DEPOSITS 41057 ACCRUED INTEREST RECEIVABLE 2928009 BENEFICIAL INTEREST IN ELKHART COUNTY 95538 3064604 INTEREST ON LOANS/NOTES 934 SECURITY DEPOSITS 97559 MISC. OTHER LIABILITIES 324000 422493 X 5977424 9394 10050 704683 724127 5253297 0 5253297 5711991 10050 1869718 1879768 3832223 0 3832223 PART X, LINE 2: LACASA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FOR ENTITIES THAT FILE A SEPARATE TAX RETURN 704,683. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FOR ENTITIES THAT FILE A SEPARATE TAX RETURN 1,869,718. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT, CHIEF OPERATING OFFICER AND BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND SENIOR MANAGER ANNUALLY SIGNS A STATEMENT AFFIRMING THE DIRECTOR OR MANAGER HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS REVIEWED THE POLICY, AGREES TO COMPLY WITH THE POLICY AND UNDERSTANDS THE ORGANIZATION IS A CHARITABLE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 LACASA ESTABLISHES PAY BANDS FOR EACH JOB CATEGORY. THESE BANDS ARE BASED ON NEIGHBORWORKS AMERICA DATA FOR COMPARABLE POSITIONS IN THEIR MIDWEST REGION. LACASA AVERAGES THE DATA TO ESTABLISH A MID-POINT TARGET FOR EACH JOB CATEGORY AND THEN CALCULATES 15% ABOVE AND BELOW THE MIDPOINT TO ESTABLISH THE PAY BAND. THE WAGE PAID WITHIN THE PAY BAND WILL BE DETERMINED BY THE YEARS OF SERVICE AND COMPETENCY. CURRENTLY MOST OF LACASA WAGES ARE BELOW THE DESIRED MID-POINT TARGET. LACASA HAS SUCCESSFULLY INCREASED WAGES FOR NEARLY ALL POSITIONS UP TO A MINIMUM OF 80% OF EACH POSITION'S MID-POINT. ANNUALLY THE LACASA LEADERSHIP TEAM APPROVES A WAGE INCREASE PLAN FOR EMPLOYEES. THIS INCREASE MAY INCLUDE A COST OF LIVING INCREASE, MERIT INCREASE, BONUS OR SALARY INCREASE BASED ON PERFORMANCE AND OTHER FACTORS. ALL COMPENSATION INCREASES ARE SUBJECT TO THE AVAILABILITY OF FUNDS. CHANGES IN WAGES ARE DOCUMENTED IN WRITING IN THE EMPLOYEES' PAYROLL FILE. FORM 990, PART VI, SECTION C, LINE 19 LACASA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A THE AMOUNTS LISTED IN COLUMN F - ESTIMATED AMOUNT OF OTHER COMPENSATION FROM THE ORGANIZATION AND RELATED ORGANIZATIONS REPRESENTS LACASA INC.'S EXPENSE FOR THE EMPLOYER'S SHARE OF BENEFITS. THOSE BENEFITS INCLUDE THE EMPLOYER'S PORTION OF HEALTH INSURANCE COSTS, HEALTH SAVINGS ACCOUNT (HSA) COSTS AND RETIREMENT COSTS. FORM 990, PART XI, LINE 9: LACASA REAL ESTATE HOLDINGS -41,091. FORM 990, PART XII, LINE 2C THE FINANCIAL STATEMENTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THERE ARE NO CHANGES TO THIS POLICY FROM PREVIOUS YEARS. 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