2013-11-07T10:35:49-07:00 2012-12-31 990 2012-01-01 351554538 LACASA OF GOSHEN INC LACA 5745334450 202 N Cottage Avenue Goshen IN 46528 Larry Gautsche 5745334450 2013-11-07 2012 2016-02-24 21:20:13Z LaCasa Inc Larry Gautsche 202 N Cottage Avenue Goshen IN 46528 3036344 0 X www.lacasainc.net X 1970 IN Community Development, Home Ownership Center, Real Estate Development, Asset and Property Management 9 9 35 796 0 0 3549616 1579117 755534 810760 197685 199383 21483 38616 4524318 2627876 0 0 0 0 1196980 1220494 0 0 155360 1041254 1080453 2238234 2300947 2286084 326929 15973266 15309951 6850194 5856317 9123072 9453634 The organization works in partnership with individuals and communities to create opportunities for personal growth, family stability, and neighborhood improvement. 0 0 693695 0 590684 Asset and Property Management: Manages leasing and maintenance of all LaCasa owned rental property and provides safe, attractive and affordable housing to low and moderate income families. Units under management total 267 located in the cities of Goshen and Elkhart Indiana. We continue to receive positive feedback from our Indiana State and financial partners with no findings following reviews and physical inspections. During 2012, LaCasa acquired property for its second multi-family Permanent Supportive Housing project in Goshen, Indiana to provide housing for 15 formerly homeless individuals. In addition, LaCasa began rehab on a duplex in Elkhart, Indiana for its first family-based Permanent Supportive Housing units. All such housing is operated in collaboration with Oaklawn to provide mental health services to those tenants. 488070 0 360850 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. 2012 revenues above primarily represent grant revenues from the Neighborhood Stabilization Program (NSP) referenced below. During 2012, LaCasa began the second phase of the NSP program by rehabilitating vacated, foreclosed and/or abandoned homes and reselling them to clients at or below 120% of the area median income (AMI). During 2012, one house was completed and three houses were sold to new homeowners. Also as part of the NSP program, a 6-unit rental property rehab was completed and leased to 50% AMI clients. In addition, as part of LaCasa's more than 20 year-old Help-A-House program, 12 owner-occupied homes in the City of Goshen were rehabilitated. 422662 0 148103 Home Ownership Center: Works with low and moderate income families and community partners to prepare for, provide and maintain homeownership. LaCasa offers an 8 hour Home Buyer Education class, a 10 hour Financial Fitness class, and individual Development Savings Accounts. LaCasa also provides one on one individual counseling for pre-purchase, post-purchase and foreclosure mitigation. LaCasa offers mortgages through an Affordable Housing Loan Pool. In 2012, 602 people benefitted from LaCasa's Home Ownership Center and services provided including 30 families who purchased their first home with LaCasa assistance. LaCasa continued to participate in the Indiana Foreclosure Prevention Network and Hardest Hit Funds program. Included in the number of clients noted above were 334 foreclosure client referrals resulting in 68 foreclosure cures. 92895 0 77725 Resident Services: LaCasa's immigration program is one of three organizations in Indiana that is accredited by the Board of Immigration Appeals. This accreditation enables our counselors to submit documentation on our clients' behalf and also represent them to the United States Citizenship and Immigration Services (USCIS). In 2012, our immigration counselors filed 427 documents with the USCIS assisting immigrants renew residency status, apply for citizenship, and petition for family members to enter the U.S. LaCasa also saw 889 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. In addition, LaCasa continued assisting clients with UVisa applications under the Victims of Trafficking and Violence Protection Act. 82222 0 100 Community Building & Organizing: Empowers neighbors to organize and reverse trends that cause neighborhoods to deteriorate and experience social and financial disinvestment. Community Building and Organizing provides education and encourages neighborhood residents to collaborate with LaCasa and City officials in making decisions which 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 2012, LaCasa made 2,155 neighborhood contacts and engaged 617 neighborhood representatives in leadership activities. 175117 0 77825 1779544 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 31 0 1 35 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X James Davis 5745334450 202 N Cottage Avenue Goshen IN 46528 X Chad Stoltzfus 0.8 X 0 0 0 David Eash 0.8 X 0 0 0 Mel Claassen 0.8 X 0 0 0 Rebecca Hernandez PhD 0.8 X 0 0 0 Paul Bertha 0.8 X 0 0 0 David Daugherty 0.8 X 0 0 0 Robert Evans PhD 0.8 X 0 0 0 Nathan Mateer-Rempel 0.8 X 0 0 0 Art Stoltzfus 0.8 X 0 0 0 Larry Gautsche 45 X 92670 0 13384 James Davis 45 X 66664 0 11689 159334 0 25073 0 0 0 0 0 0 0 0 0 1064686 514431 47293 1579117 Client Service Fees 900099 163310 163310 0 0 Asset Management Fees 531310 85768 85768 0 0 IDA Administration Fees 561000 63699 63699 0 0 Rental Income 531110 497983 497983 0 0 0 0 0 0 810760 278391 0 0 278391 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 329460 0 408468 0 -79008 -79008 -79008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38616 38616 0 0 38616 2627876 770368 0 278391 0 0 0 0 0 0 0 0 273084 178306 55220 39558 0 0 0 0 656469 486850 123569 46050 41498 33318 4392 3788 164147 114576 41971 7600 85296 65978 13307 6011 0 0 0 0 4645 842 3803 0 20600 0 20600 0 0 0 0 0 0 0 0 0 0 0 44143 37560 6500 83 1355 686 669 0 25377 3190 18981 3206 25588 4010 20718 860 0 0 0 0 77601 0 77601 0 47575 37700 8687 1188 0 0 0 0 10258 5212 4858 188 98455 69456 28999 0 0 0 0 0 202566 157928 44638 0 96414 25165 71249 0 Asset Mangement 165355 165355 0 0 Client Services 76997 76997 0 0 Real Estate Development 133734 133734 0 0 Allocation of Expenses 0 182525 -207565 25040 49790 156 27846 21788 2300947 1779544 366043 155360 104788 104738 957060 899216 813189 100561 1408898 1333563 0 0 6567728 6638729 40492 56865 6123312 1642428 4383501 4480884 467 448 1300 1300 310155 175399 1385688 1518248 15973266 15309951 916298 512863 427354 346637 30000 30000 4263846 3954121 1212696 1012696 6850194 5856317 X 6658749 7218536 615276 596152 1849047 1638946 9123072 9453634 15973266 15309951 X 326929 0 0 0 0 3633 X 0 1 X 1 1 1 X 2359850 1931526 2415260 3549617 1579117 11835370 0 0 0 0 0 0 0 0 0 0 0 0 2359850 1931526 2415260 3549617 1579117 11835370 0 11835370 201196 217191 234426 263024 278391 1194228 0 0 0 0 0 0 1283632 16192 9900 21483 38611 1369818 14399416 3525242 0.82193 0.82391 X Line 10 - Other Income: Security deposit forfeitures, tenant damages fees, broken lease fees, sale of scrap, other varied and miscellaneous receipts. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30000 0 30000 5771161 0 1389890 4381271 0 0 0 0 322151 0 252538 69613 0 0 0 0 4480884 Accrued Interest Receivable 1439489 Beneficial Interest in Elkhart County Community Foundation 78759 1518248 2712093 3633 80584 0 0 84217 2627876 0 0 0 2627876 2381531 80584 0 0 0 80584 2300947 0 0 0 2300947 James Gautsche CEO relative Program Financing X 30000 30000 0 1 1 30000 X 1 20000 3rd party appraisal X materials / supplies 10 27293 retail cost 1 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The organization's President, Chief Financial Officer and Board of Directors review the From 990 prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Each Director and Senior Manager annually signs a statement affirming the Director or Manager has recieved a copy of the conflict of interest policy, has reviewed the policy, agrees to comply with the policy and understands the organization is a charitabe organization F990_P06_S0B_L15 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 the Midwest Region for comparable positions. 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 is committed to bring wages for all positions up to a minimum of 80% of each position's mid-point as soon as the organization's funding will allow. Annually the LaCasa Board of Directors 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. F990_P06_S0C_L19 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. F990_P07_S0A_L01a 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 expenses 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. F990_P11_S00_L09 Form 990, Part XI, Line 9 The change in net assets or fund balance is the change in unrealized loss on investments for 2012 Arbor Ridge Apartments LP 202 N Cottage Avenue Goshen IN 46528 352055055 Real Estate Rental IN LaCasa Housing Corporation Related 4578 59670 0 1 0.0001 Lincoln Ave Redevelopment LP 202 N Cottage Avenue Goshen IN 46528 205381584 Real Estate Rental IN Lincoln Avenue Housing Corporation Related -21 1000 0 1 0.0001 Roosevelt Center LP 202 N Cottage Avenue Goshen IN 46528 260727020 Real Estate Rental IN LaCasa RC Development Corporation Related -25 100 0 1 0.0001 Elkhart Senior Housing LP 202 N Cottage Avenue Goshen IN 46528 205678681 Real Estate Rental IN LaCasa WTP Development Corporation Related -353 1000 0 1 0.001 LaCasa Housing Corporation 202 N Cottage Avenue Goshen IN 46528 352055056 Real Estate Rental IN N/A C 4578 59670 1 Lincoln Avenue Housing Corporation 202 N Cottage Avenue Goshen IN 46528 205381523 Real Estate Rental IN N/A C -21 1000 1 LaCasa RC Development Corporation 202 N Cottage Avenue Goshen IN 46528 261578536 Real Estate Rental IN N/A C -25 100 1 LaCasa WTP Development Corporation 202 N Cottage Avenue Goshen IN 46528 262582193 Real Estate Rental IN N/A C -353 1000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Filing extensions applied for and granted