2026-09-22T12:53:54-05:00 2025-12-31 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2025-01-01 351554538 LACASA OF GOSHEN INC LACA 5745334450 202 N COTTAGE AVENUE GOSHEN IN 46528 JEREMY P STUTSMAN CEO 5745334450 2026-09-21 1 MICHAEL BREINING P01736574 3178485700 2025 LACASA INC JEREMY P STUTSMAN 202 N COTTAGE AVENUE GOSHEN IN 46528 13972704 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, AND COMMUNITY BUILDING AND ENGAGEMENT. 9 9 32 123 0 0 4074136 8844994 3306747 3892555 234108 181374 29667 204632 7644658 13123555 0 0 0 0 2531890 2544985 0 0 255353 3827860 4276309 6359750 6821294 1284908 6302261 32061004 38800167 6088112 6514775 25972892 32285392 X LACASA WORKS WITH INDIVIDUALS AND COMMUNITY PARTNERS TO CREATE OPPORTUNITY FOR PERSONAL EMPOWERMENT, FAMILY STABILITY AND NEIGHBORHOOD VITALITY. 0 0 4621483 2836120 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 2025, LACASA OWNED AND MANAGED 373 RENTAL UNITS LOCATED IN THE CITIES OF GOSHEN AND ELKHART, INDIANA. DURING 2025, LACASA ADDED 7 UNITS OF NEW HOUSING, AS WELL AS RECAPITALIZED 12 EXISTING UNITS IN GOSHEN, AND COMPLETED REHABILITATION OF A 6-UNIT BUILDING IN ELKHART. 641121 593008 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 2025, LACASA CONVERTED A FORMER COMMERCIAL SPACE INTO 7 UNITS OF HOUSING, AS WELL AS RECAPITALIZED 12 EXISTING UNITS IN GOSHEN, AND COMPLETED REHABILITATION ON A 6-UNIT BUILDING IN ELKHART. LACASA COMPLETED AND SOLD 3 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 A RECAPITALIZATION OF 16 EXISTING UNITS AND CONSTRUCTION OF 27 NEW UNITS IN GOSHEN. FINALLY, AS PART OF LACASA'S HELP-A-HOUSE PROGRAM, 2 OWNER-OCCUPIED HOMES WERE REHABILITATED. 559537 481299 FINANCIAL EMPOWERMENT CENTER: WORKS WITH LOW- AND MODERATE-INCOME FAMILIES AND COMMUNITY PARTNERS TO IMPROVE FINANCIAL STABILITY, BUILD ASSETS, AND ACHIEVE LONG-TERM GOALS SUCH AS HOME AND AUTO OWNERSHIP. LACASA PROVIDES FINANCIAL TRAINING CURRICULUM UNDER THE "MASTER IT" UMBRELLA WITH MASTER YOUR MONEY, MASTER HOMEOWNERSHIP, MASTER YOUR DEBT, MASTER YOUR CREDIT, AND MASTER INVESTING 101. MASTER INVESTING 101 WAS PILOTED IN LATE 2025 AND IS NOW OFFERED AS A REGULAR CLASS IN 2026, HELPING PARTICIPANTS LEARN THE FUNDAMENTALS OF INVESTING, RETIREMENT PLANNING, AND LONG-TERM WEALTH BUILDING. IN 2025, LACASA'S FINANCIAL EDUCATION CLASSES SERVED 531 PARTICIPANTS THROUGH 64 CLASS SESSIONS. LACASA OFFERS INDIVIDUAL DEVELOPMENT SAVINGS ACCOUNTS USED FOR HOMEOWNERSHIP, SECONDARY EDUCATION, TRANSPORTATION NEEDS, OR HOME REPAIR, AS WELL AS AN AUTO LOAN PROGRAM THAT PROVIDES FAIR, FIXED-RATE VEHICLE FINANCING PAIRED WITH FINANCIAL COACHING TO HELP WORKING INDIVIDUALS ACCESS RELIABLE TRANSPORTATION. IN 2025, 22 PEOPLE RECEIVED COUNSELING FROM A HUD CERTIFIED HOUSING COUNSELOR AND SUCCESSFULLY PURCHASED HOMES. OVERALL, 66 PARTICIPANTS ACHIEVED MAJOR FINANCIAL MILESTONES AND ASSET PURCHASES THROUGH LACASA'S PROGRAMS. LACASA ALSO PROVIDES ONE-ON-ONE FINANCIAL COACHING AND HUD-CERTIFIED HOUSING COUNSELING SERVICES. 122408 186760 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 2025, LACASA CONTINUED ITS HISTORICAL WORK WITH MULTIPLE NEIGHBORHOODS IN GOSHEN AND SOUTH-CENTRAL ELKHART. 122408 186760 5944549 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 66 0 1 32 1 0 0 0 0 0 0 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 AMY CALL 5745334450 202 N COTTAGE AVENUE GOSHEN IN 46528 X DEB JONES CHAIR 0.80 X 0 0 0 BRETT WEDDELL BOARD MEMBER 0.80 X 0 0 0 LINDA SCHLABACH MILLER SECRETARY 0.80 X 0 0 0 ALISON ROMERO VICE-CHAIR 0.80 X 0 0 0 TJ KEMPF FORMER BOARD MEMBER 0.80 X 0 0 0 ANGELA MCKENNA BOARD MEMBER 0.80 X 0 0 0 AMBER WOLFER BOARD TREASURER 0.80 X 0 0 0 CALEB MORRIS BOARD MEMBER 0.80 X 0 0 0 CYNEATHA MILLSAPS BOARD MEMBER 0.80 X 0 0 0 ERIC IVORY BOARD MEMBER 0.80 X 0 0 0 AMY CALL CFO 45.00 X 113972 0 18866 JEREMY STUTSMAN CEO 45.00 X 159793 0 32672 ALAN GREASER CHIEF IMPACT OFFICER 45.00 X 105050 0 29723 378815 0 81261 3 0 1 0 BRADLEY COMPANY PO BOX 540 SOUTH BEND IN 46624 PROPERTY MANAGEMENT 278413 OROZCO CLEANING SERVICES 1004 S 11TH ST GOSHEN IN 46526 CLEANING 163050 BONTRAGER SECURITY SOLUTIONS LLC PO BOX 5 NEW PARIS IN 46553 SECURITY SYSTEMS 141254 INTERNATIONAL BUILDING MAINTENANCE 50830 KILLIAN LANE ELKHART IN 46514 BUILDING MAINTENANCE 138235 G2 ARCHITECTURAL PRODUCTS LLC 18004 AUBURN ROAD HUNTERTOWN IN 46748 WINDOWS 121355 7 7824755 1020239 113100 8844994 RENTAL INCOME 531110 2966626 2966626 MANAGEMENT FEES 531110 908368 908368 CLIENT SERVICE FEES 531310 17561 17561 3892555 168273 168273 862250 849149 13101 13101 13101 204632 204632 204632 13123555 4097187 0 181374 496898 199500 202032 95366 1466395 1231498 196095 38802 72190 60636 9849 1705 366697 282960 72032 11705 142805 107660 26811 8334 3847 3847 48665 48665 149324 95424 21400 32500 4214 676 3538 100934 77244 21972 1718 153496 44384 107345 1767 83709 82829 880 51026 44197 6221 608 15112 8881 5731 500 234308 164673 69635 1440391 1389792 50599 483553 444783 37897 873 ASSET MANAGEMENT 1318270 1318270 CLIENT SERVICES 126667 126667 REAL ESTATE DEVELOPMENT 2345 2345 ALLOCATION OF EXPENSES 4 333090 -362184 29098 60444 8022 24463 27959 6821294 5944549 621392 255353 202979 9487 2193424 2902438 142635 324072 170573 267576 2553945 2500557 122806 157884 51501388 20777288 25087106 30724100 931544 1065910 22022 81017 633970 767126 32061004 38800167 337697 611300 106217 96836 41298 24300 4371805 4317078 1008861 1230152 222234 235109 6088112 6514775 X 24348548 30730696 1624344 1554696 25972892 32285392 32061004 38800167 6302261 10239 0 X X 0 1 X 1 1 1 X 4174942 3010367 3806986 4074136 8844992 23911423 4174942 3010367 3806986 4074136 8844992 23911423 23911423 391335 396594 249898 118008 168273 1324108 343184 163113 33952 29667 211370 781286 26016817 13282520 0.91910 0.89570 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 414057 414057 41757220 20069516 21687704 1060940 707772 353168 8269171 8269171 30724100 INTEREST ON LOANS/NOTES 13586 SECURITY DEPOSITS 221523 235109 X 13303726 10239 10138 159794 180171 13123555 0 13123555 7379283 10138 547851 557989 6821294 0 6821294 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 159,794. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FOR ENTITIES THAT FILE A SEPARATE TAX RETURN 547,851. X X 0 0 0 0 0 0 0 0 0 JEREMY STUTSMAN CEO 159793 0 0 0 0 0 7809 0 24863 0 192465 0 0 0 X 2 113000 APPRAISAL X KELLY APPRAISALS DISCOUNT 1 100 AMOUNT OF DISCOUNT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT, CHIEF FINANCIAL 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 25% 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. 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 FILES. 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 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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