Nonprofit · EIN 35-1901386
LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC
Tax-exempt · LAFAYETTE, IN 47902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,261,500 | $1,254,614 | $6,886 | $2,889,768 | $819,346 | $2,070,422 |
| December 31, 2023 | 990 | $922,538 | $1,036,989 | -$114,451 | $2,275,563 | $212,027 | $2,063,536 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $966,413
- of which government grants
- $184,068
- Program service revenue
- $244,412
- Investment income
- $36,218
- Net rental income
- $14,457
- Other revenue
- $14,457
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $31,801
- Other salaries and wages
- $355,421
- Salaries, compensation and benefits (total)
- $459,758
- Professional fundraising fees
- $0
- Legal fees
- $1,098
- Accounting fees
- $1,990
- Occupancy
- $80,599
- Depreciation
- $81,363
- Program services (functional)
- $1,075,337
- Management and general (functional)
- $179,277
Balance sheet and other
- Total assets, start of year
- $2,275,563
- Total assets, end of year
- $2,889,768
- Total liabilities, end of year
- $819,346
- Net assets, end of year
- $2,070,422
- Land, buildings and equipment
- $96,026
- Publicly traded securities
- $589,162
- Net assets without donor restrictions
- $2,006,799
- Net assets with donor restrictions
- $63,623
- Gross receipts
- $1,265,070
- Employees
- 8
- Volunteers
- 22
- Year formed
- 1993
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS CARSON | DIRECTOR Officer | 40 | $31,801 |
| MICHAEL GIBSON | VICE CHAIR Trustee or director, Officer | 20 | $0 |
| TONY ROSWARSKI | CHAIR Trustee or director, Officer | 20 | $0 |
| SCOTT WALKER | SECRETARY/TR Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS CARSON | DIRECTOR Officer | 40 | $30,310 |
| MICHAEL GIBSON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| TONY ROSWARSKI | CHAIR Trustee or director, Officer | 0.5 | $0 |
| SCOTT WALKER | SECRETARY/TR Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 348, LAFAYETTE, IN 47902-0348
- Principal officer (990 for 2024)
- DENNIS CARSON, PO BOX 348, LAFAYETTE, IN 47902
- Signed the 990
- DENNIS CARSON, DIRECTOR
- Phone
- (765) 742-4044
- Return prepared by
- HUTH THOMPSON LLP
Mission
DIRECT ENTERPRISE ZONE ACTIVITIES AND REINVESTMENT IN THE CITY OF LAFAYETTE, INDIANA.
Program accomplishments
- LAFAYETTE URBAN ENTERPRISE ASSOCIATION (LUEA): DIRECT ENTERPRISE ZONE ACTIVITIES AND REINVESTMENT IN THE CITY OF LAFAYETTE, INDIANA.Expenses $423,927 · revenue $20,555
- MATCHBOX COWORKING STUDIO: 24/7 SHARED OFFICE SPACE THAT EXISTS TO SUPPORT A BETTER FUTURE THAT IS VIBRANT, INNOVATIVE, AND OPTIMISTIC.Expenses $651,410 · revenue $223,857
- LAFAYETTE ENTREPRENEUR AND ENTERPRISE DISTRICT (LEED): LEVERAGE LOCAL, REGIONAL, AND STATE RESOURCES TO ACCELERATE INNOVATION AND TECHNOLOGY THAT WILL RESULT IN NEW BUSINESS ENTITIES TO GROW THE LOCAL ECONOMY AND LEAD THE WAY IN THE 21ST CENTURY.
- OTHER
What it must file and when
IRS records say it files Not required (state instrumentality). Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1901386
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Not required (state instrumentality)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $2,889,768
- Income (IRS master file)
- $1,265,070
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,261,500 | $1,254,614 | $2,889,768 | XML |
| 990 | December 2023 | $922,538 | $1,036,989 | $2,275,563 | XML |
| 990 | December 2022 | $1,152,011 | $1,013,667 | $2,488,917 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1901386).
Questions about LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC
- What is the EIN of LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC?
- The employer identification number (EIN) of LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC is 35-1901386.
- Is LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC file?
- Form Not required (state instrumentality).
- When is the next return of LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names DENNIS CARSON.
- Who are the officers and directors of LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $31,801 (DENNIS CARSON, DIRECTOR).
- How much revenue does LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,261,500, expenses of $1,254,614 and total assets of $2,889,768 at year end.
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