2012-08-01T10:40:37-07:00 2011-12-31 990 2011-01-01 351554538 LACASA OF GOSHEN INC LACA 5745334450 202 N Cottage Avenue Goshen IN 46528 Larry Gautsche 5745334450 2012-08-01 2011 2016-02-24 21:20:13Z LaCasa Inc Larry Gautsche 202 N Cottage Avenue Goshen IN 46528 5042157 0 X www.lacasainc.net X 1990 IN Community Development, Home Ownership Center, Real Estate Development, Asset and Property Management 9 9 37 834 0 0 2415260 3549616 734223 755534 275139 197685 9900 21483 3434522 4524318 0 0 0 0 1283129 1196980 0 0 145795 1733238 1041254 3016367 2238234 418155 2286084 14480414 15973266 7637517 6850194 6842897 9123072 The organization works in partnership with individuals and communities to create opportunities for personal growth, family stability, and neighborhood improvement. 0 0 754710 0 771490 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. 2011 revenues above primarily represent grant revenues from the Neighborhood Stabilization Program (NSP) referenced below. During 2011, LaCasa completed implemetation phase one of the NSP program, rehabilitating vacated / foreclosed and or abandoned houses and reselling them to clients at or below 120% of the area median income (AMI). During 2011, 3 houses were completed with 3 being sold to new homeowners. In addition, as part of LaCasa's more than 20 year old Help a House Program, 19 owner occupied homes in the City of Goshen were rehabilitated. In collaboration with Elkhart County Community Development Dept, 8 owner occupied homes were rehabilitated in the unincorporated areas of Elkhart County. Also in colaboration with Elkhart County and the Lead Hazard Reduction Grant, 103 homes were made lead safe during 2011. Finally, 13,094 hours of volunteer labor were contributed, the majority of which was related to real estate development projects. 507919 0 452656 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 254 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 2011, LaCasa completed its first Permanent Supportive Housing project in Goshen Indiana providing housing for 15 formerly homeless individuals. This project also represents a formal collaboration with Oaklawn to provide mental health services to those tenants. 382226 0 159443 Home Ownership Center: Works with low and moderate income families and community partners to prepare for, provide and maintain home ownership. 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 2011, 723 people benefitted from LaCasa's Home Ownership Center and services provided. LaCasa was approved to participate in the Indiana Foreclosure Prevention Network and Hardest Hit Funds program. Included in the total number of clients noted above were 379 foreclosure client referrals resulting in 60 foreclosure cures. 84762 0 0 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. 69892 0 51178 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 2011, our immigration counselors filed 381 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 755 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 began assisting clients with UVisa applications under the Victims of Trafficking and Violence Protection Act. In 2011 LaCasa opened 16 cases for which 1 UVisa's were issued. 154654 0 51178 1799509 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 0 0 0 0 0 1 0 0 0 0 1 23 0 1 37 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 Mike Leasor 0.8 X 0 0 0 Jeffrey Lund 0.8 X 0 0 0 Art Stoltzfus 0.8 X 0 0 0 Larry Gautsche 45 X 89693 0 10361 James Davis 45 X 66543 0 12038 Rebecca Gascho 45 X 41922 0 7020 198158 0 29419 0 0 0 0 0 0 0 0 0 3116712 432904 2749 3549616 client service fees 900099 158724 158724 0 0 Asset Management fees 531310 191831 191831 0 0 IDA administration fees 561000 60763 60763 0 0 Rental Income 531110 344216 344216 0 0 0 0 0 0 755534 263024 0 0 263024 0 0 0 0 0 0 0 0 0 0 0 452500 0 517839 0 -65339 -65339 -65339 0 0 0 21483 21483 0 0 21483 4524318 711678 0 263024 0 0 0 0 0 0 0 0 241104 156124 64478 20502 0 0 0 0 666516 524947 82579 58990 25744 21677 1846 2221 180602 132609 39098 8895 83014 67367 9787 5860 0 0 0 0 1315 279 1036 0 21500 0 21500 0 0 0 0 0 0 0 0 0 0 0 210614 180310 30249 55 998 464 468 66 24182 3888 17598 2696 21993 749 20399 845 0 0 0 0 40564 0 40564 0 39669 35509 3320 840 0 0 0 0 5614 4434 955 225 112045 87754 24291 0 0 0 0 0 140845 95736 45109 0 90079 11539 78540 0 Asset Management 115518 115518 0 0 Real Estate Development 176372 176372 0 0 Partner Relations 21736 1330 2542 17864 Allocation of Expenses 0 182903 -207120 24217 18210 0 15691 2519 2238234 1799509 292930 145795 140788 104788 1682357 957060 349319 813189 1471544 1408898 6408282 6567728 39185 40492 5842441 1458940 2686169 4383501 488 467 1300 1300 548936 310155 1152046 1385688 14480414 15973266 897428 916298 433624 427354 30000 30000 4463769 4263846 1812696 1212696 7637517 6850194 X 4886588 6658749 522012 615276 1434297 1849047 6842897 9123072 14480414 15973266 X 2286084 -5909 X 0 1 1 X 1 1 X 1861130 2359850 1931526 2415260 3549617 12117383 1861130 2359850 1931526 2415260 3549617 12117383 0 12117383 315940 201196 217191 234426 263024 1231777 26832 1283632 16192 9900 21483 1358039 14707199 3070827 0.82391 0.79048 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 5498019 0 1225849 4272170 0 0 0 0 314422 0 233091 81331 0 0 0 0 4383501 Accrued Interest Receivable 1310562 Beneficial Interest in Elkhart County Community Foundation 75126 1385688 4524318 2238234 2286084 -5909 0 0 0 0 -5909 2280175 4649350 -5909 130941 0 0 125032 4524318 0 0 0 4524318 2369175 130941 0 0 0 130941 2238234 0 0 0 2238234 James Gautsche program financing X 30000 30000 0 1 1 30000 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The organization's President and Board of Directors review the Form 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 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 F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 LaCasa establishes pay bands for each type of position. These bands are based on Neighborworks relative data for the Great Lakes region for comparitive positions. LaCasa averages the data to set the mid-point target for each position. Then, 15% above and below the mid point establishes the pay band. The wage paid within the pay band will be determined by the years service and competency. Currently most LaCAsa wages are below the desired mid-point taregt. LaCasa is committed to bring wages for all positions up to a minimum of 80% of each positions mid-point as soon as the organizations funding will provide. 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 The organization 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 costs for the employer's share of benefits. Those benefits include the employer's portion of retirement costs, Health Savings Account (HSA) costs and health insurance costs. F990_P11_S00_L05 Form 990, Part XI, Line 5 The change in net assets or fund balance is the net unrealized loss on investments for 2011. Arbor Ridge Apartments LP 202 N Cottage Avenue Goshen IN 46528 352055055 Real Estate Rental IN LaCasa Housing Corporation Related 4563 54680 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 -21 100 0 1 0.0001 Roosevelt Center LP 202 N Cottage Avenue Goshen IN 46528 260727020 Real Estate Rental IN LaCasa RC Development Corporation Related -28 100 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 -260 100 0 1 0.001 LaCasa Housing Corporation 202 N Cottage Avenue Goshen IN 46528 352055056 Real Estate Rental IN N/A C 4563 54680 1 Lincoln Avenue Housing Corporation 202 N Cottage Avenue Goshen IN 46528 205381523 Real Estate Rental IN N/A C -21 100 1 LaCasa RC Development Corporation 202 N Cottage Avenue Goshen IN 46528 261578536 Real Estate Rental IN N/A C -28 100 1 LaCasa WTP Development Corporation 202 N Cottage Avenue Goshen IN 46528 262582193 Real Estate Rental IN N/A C -260 100 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Filing extension applied for and granted