2024-11-12T16:10:08-05:00 2023-12-31 352055043 HUTH THOMPSON LLP PO BOX 970 LAFAYETTE IN 479020970 990 2023-01-01 300363760 LAFAYETTE-WEST LAFAYETTE DEVELOPMENT CORPORATION LAFA 7657424044 337 COLUMBIA STREET PO BOX 348 LAFAYETTE IN 479020348 SCOTT WALKER PRESIDENT & CEO 7657424044 2024-11-12 true KIMBERLEY R MORISETTE P00337290 7654285000 2024-11-12 2023 2024-10-15 13:58:12Z GREATER LAFAYETTE COMMERCE RACHEL HAZARAY PO BOX 348 LAFAYETTE IN 47902 8744272 false X WWW.GREATERLAFAYETTECOMMERCE.COM X 2006 IN THE CORPORATION IS ORGANIZED TO ENHANCE THE ECONOMIC VITALITY, QUALITY OF LIFE, AND SOCIAL WELFARE OF THE CITIZENS OF LAFAYETTE, WEST LAFAYETTE, TIPPECANOE COUNTY,AND THE WEST CENTRAL REGION OF INDIANA-SEE SCHEDULE O 26 26 20 594 89974 3261762 7573111 1123524 1115156 -7043 55696 5176 0 4383419 8743963 0 0 1371784 1377238 0 82488 2862423 7007545 4234207 8384783 149212 359180 5290744 7453493 1174268 2988499 4116476 4464994 X THE CORPORATION IS ORGANIZED TO ENHANCE THE ECONOMIC VITALITY, QUALITY OF LIFE, AND SOCIAL WELFARE OF THE CITIZENS OF LAFAYETTE, WEST LAFAYETTE, TIPPECANOE COUNTY,AND THE WEST CENTRAL REGION OF INDIANA-SEE SCHEDULE O false false 6639122 1115156 ENHANCING THE ECONOMIC VITALITY, QUALITY OF LIFE, AND SOCIAL WELFARE OF THE CITIZENS NOTED IN THE PRIMARY EXEMPT PURPOSE AND BY PROVIDING LEADERSHIP FOR THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC AND COMMUNITY DEVELOPMENT STRATEGIES TO ADDRESS THE CHANGING NEEDS OF THESE COMMUNITIES. 6639122 false true false true false false false true false true false false false false true false true false false false false false false false false false false false true false false false false false true false true false false false false false true true true false true 54 0 true 20 true true true false false false false false false false X 26 26 false false false false false false false true true false false true true true true true true true false false IN X SCOTT WALKER 7657424044 PO BOX 348 LAFAYETTE IN 47902 SCOTT WALKER PRESIDENT & 40.00 X 50486 151458 45521 RACHEL HAZARAY CHAIR 0.50 X X 0 0 0 JODY HAMILTON VICE CHAIR 0.50 X X 0 0 0 BOB SMITH TREASURER 0.50 X X 0 0 0 JIM OLDS SECRETARY 0.50 X X 0 0 0 KIM ALLEN DIRECTOR 0.50 X 0 0 0 DR AARON BAUTE DIRECTOR 0.50 X 0 0 0 DAN CAMPION DIRECTOR 0.50 X 0 0 0 DR MUNG CHIANG DIRECTOR 0.50 X 0 0 0 JOHN CHRISTODOULAKIS DIRECTOR 0.50 X 0 0 0 LISA DECKER DIRECTOR 0.50 X 0 0 0 MAYOR JOHN DENNIS DIRECTOR 0.50 X 0 0 0 JANET FOX DIRECTOR 0.50 X 0 0 0 DANIEL FRICKER DIRECTOR 0.50 X 0 0 0 ROBERTO GALLARDO DIRECTOR 0.50 X 0 0 0 STACY GROVE DIRECTOR 0.50 X 0 0 0 STUART GUTWEIN DIRECTOR 0.50 X 0 0 0 JOE HART DIRECTOR 0.50 X 0 0 0 JEANNA KNEPPER DIRECTOR 0.50 X 0 0 0 GARY LEHMAN DIRECTOR 0.50 X 0 0 0 DAVE MARTIN DIRECTOR 0.50 X 0 0 0 TOM MURTAUGH DIRECTOR 0.50 X 0 0 0 ALPEN PATEL DIRECTOR 0.50 X 0 0 0 MAYOR TONY ROSWARSKI DIRECTOR 0.50 X 0 0 0 ART VASQUEZ DIRECTOR 0.50 X 0 0 0 ELIZABETH WHITTAKER DIRECTOR 0.50 X 0 0 0 DONTE WILBURN DIRECTOR 0.50 X 0 0 0 JORDAN WYSONG DIRECTOR 0.50 X 0 0 0 50486 151458 45521 false true false STAR CITY BROADCASTING 3824 S 18TH STREET LAFAYETE IN 47909 ADVERTISING 177776 1 872575 6700536 7573111 MEMBERSHIP 900099 827175 827175 SEMINARS & EVENTS 900099 190993 190993 MAGAZINE SALES 900099 89974 89974 WEBSITE/NEWSLETTERS 900099 7014 7014 1115156 56005 56005 309 -309 -309 -309 8743963 1025182 89974 55696 X 247465 82489 82488 82488 941863 781816 160047 34569 29312 5257 69519 58628 10891 83822 67057 16765 111318 89054 22264 86669 69335 17334 5313623 4250899 1062724 255793 204634 51159 398015 318411 79604 32671 26137 6534 62453 55558 6895 23452 18762 4690 484509 390551 93958 57571 56899 672 6995 6995 BAD DEBT EXPENSE 83938 67150 16788 PROGRAM EXPENSE 62424 49939 12485 MEMBERSHIP EXPENSE 26750 21400 5350 MISCELLANEOUS EXPENSE 13352 10682 2670 -11988 -9591 -2397 8384783 6639122 1663173 82488 953158 296811 1710672 2804263 147799 2685711 827432 202733 13191 11234 1884607 596536 1343072 1288071 39518 25969 255902 138701 5290744 7453493 887829 2741555 286439 246944 1174268 2988499 X 4047476 4270346 69000 194648 4116476 4464994 5290744 7453493 X 359180 -10662 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 70000 70000 16543 SCHEDULE C, PART IV PART III-B THIS ORGANIZATION CONTROLS THE FOLLOWING SUBSIDARY NON-PROFIT ORGANIZATION: THE LAFAYETE-WEST LAFAYETTE CHAMBER OF COMMERCE, INC., EIN 35-0350880. THE ACTIVITY OF THE SUBSIDIARY IS REPORTED BY THE PARENT ON THIS TAX RETURN. THE MEMBERSHIP DUES REPORTED BY THE PARENT ORGANZATION ON THIS RETURN ARE RECEIVED ENTIRELY BY THE SUBSIDIARY ORGANZATION AND ALL LOBBYING EXPENDITURES ARE INCURRED BY THE PARENT ORGANIZATION. NONE OF THE MEMBERSHIP DUES RECEIVED BY THE SUBSIDIARY ORGANIZATION ARE USED TO FUND LOBBYING EXPENDITURES PAID BY THE PARENT. false false 100000 100000 1647891 475883 1172008 136716 120653 16063 1288071 X SCHEDULE D, PAGE 3, PART X THE CONSOLIDATED AUDIT REPORT HAS NOT BEEN ISSUED YET FOR 2023. IT WILL CONTAIN A FIN 48 FOOTNOTE AS FOLLOWS: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRES AN ORGANIZATION TO MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON ITS TAX RETURNS. THE ORGANIZATIONS RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FEDERAL AND STATE INCOME TAX RETURNS OF GREATER LAFAYETTE COMMERCE AND SUBSIDIARIES FOR 2023, 2022, 2021, AND 2020 ARE SUBJECT TO EXAMINATION BY TAXINGAUTHORITIES (GENERALLY FOR THREE YEARS AFTER THEY WERE FILED). X true true X X false false false false false false false false false SCOTT WALKER PRESIDENT & CEO 50486 151458 3106 9317 8274 24824 61866 185599 SCHEDULE J, PART III THE ORGANIZATION PAYS THE ANNUAL DUES OF 4,545 FOR THE CEO'S MEMBERSHIP IN THE COUNTRY CLUBS. SEE PART V false SCHEDULE L, PART V VARIOUS BOARD MEMBERS AND THE BUSINESSES THEY WORK FOR PROVIDE A VARIETY OF SERVICES TO THE ORGANIZATION THROUGHOUT THE YEAR. NO INDIVIDUAL TRANSACTIONS MET THE REPORTING THRESHOLD. FORM 990, PART III PART I AND III - MISSION CONTINUED: BY PROVIDING LEADERSHIP FOR THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC AND COMMUNITY DEVELOPMENT STRATEGIES TO ADDRESS THE CHANGING NEEDS OF THESE COMMUNITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY AT DESIGNATED BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE PRESIDENT'S SALARY IS APPROVED BY THE BOARD UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ALLOCATE TO UBIT -33,404 -8,351 0 BANK SERVICE FEE 14,486 3,621 0 PROFESSIONAL FEES 60,565 15,141 0 CONTRACTUAL EXPENSE 3,657,278 914,319 0 CONTRACTUAL: REIMBURSABLES 239 60 0 CONTRACTOR/VENDOR 66,527 16,632 0 CONTRACTOR/VENDOR: PERSONNEL 448,150 112,038 0 CONTRACTOR/VENDOR: BENEFITS 3,654 913 0 MAGAZINE SALES 33,404 8,351 0 TOTAL 4,250,899 1,062,724 0 FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE -10,662 LAFAYETTE-WEST LAFAYETTE CHAMBER OF COMMERCE INC PO BOX 348 LAFAYETTE IN 479020348 350350880 MEMBERSHIP IN 6 NA false GLC COMMUNITY DEVELOPMENT FDN PO BOX 348 LAFAYETTE IN 47902 813745360 CHARITABL IN 3 12A N/A true false false false false false false false false false false true false false true true true true false false LAFAYETTE-WEST LAFAYETTE CHAMBER OF COMMERCE INC Q 20254 CASH GLC COMMUNITY DEVELOPMENT FNDN Q 336953 CASH