EIN 35-1554538

Lacasa

IRS 501(c) type
501(c)(3)
Num. employees
40
City
State
Year formed
1970
Most recent tax filings
2023-12-01
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
$5,960,004
2023
Total expenses
$5,177,058
2023
Total assets
$30,523,316
2023
Num. employees
40
2023

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 2023, Lacasa owned and managed 357 rental units located in the cities of Goshen and elkhart, Indiana. During 2023, Lacasa completed rehabilitation of 7 single family units in Goshen, 4 of which are historic.
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 2023, these classes graduated 154, 140, 83, and 132, respectively. Lacasa offers individual development savings accounts used for homeownership, secondary education, transportation needs or to start a business. In 2023, 20 people received counseling from a hud certified housing counselor and successfully purchased homes. Including those who received financial coaching, 27 people reached financial milestones and made major asset purchases. 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 2023, Lacasa completed rehabilitation of 7 single family units in Goshen. Lacasa completed construction and sold 8 for-sale homes as part of a program designed to improve the quality of existing housing stock while benefiting low-income households. Additionally, Lacasa began construction on an 8-unit new building and 6-unit rehabilitation in elkhart and a 4-unit rehabilitation in Goshen. Finally, as part of Lacasa's help-a-house program, 2 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 2023, 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$282,500
Community Foundation of Elkhart County (CFEC)To Further the Exempt Purpose of the Organization$163,590
1st Source FoundationSupport$50,000
...and 6 more grants received

Personnel at Lacasa

NameTitleCompensation
Jeremy StutsmanPresident and Chief Executive Officer
Amy CallChief Financial Officer$87,847
Alan GreaserVice President Asset Management
Brad HunsbergerVice President Real Estate Development
Daniela PanettaDirector of Community Building and Engagement
...and 11 more key personnel

Financials for Lacasa

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,806,986
Program services$2,397,138
Investment income and dividends$249,898
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-527,970
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$33,952
Total revenues$5,960,004

Form 990s for Lacasa

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s

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Los Angeles MissionLos Angeles, CA$21,509,878
SAMMinistriesSan Antonio, TX$18,052,130
Rescue Mission of Mahoning ValleyYoungstown, OH$4,403,024
Progress of People's Management CorporationBrooklyn, NY$4,886,229
Trinity ViewSalisbury, NC$4,579,408
Redwood Gospel MissionsSanta Rosa, CA$8,079,626
Data update history
February 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
January 12, 2025
Received grants
Identified 2 new grant, including a grant for $42,000 from Crossroads United Way
October 21, 2024
Updated personnel
Identified 10 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $282,500 from NeighborWorks America
Nonprofit Types
Housing and shelter organizationsCharitiesChurches
Issues
Human servicesReligionHousing
Characteristics
ReligiousState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online 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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