Skip to main content

Nonprofit · EIN 81-3745360

GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F

Tax-exempt · LAFAYETTE, IN 47902

Financials

$6.2M$6.1M2023$12.4M$12.1M2024
Revenue Expenses · by fiscal year end
Financials of GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,387,862$12,130,228$257,634$4,095,622$3,668,340$427,282
December 31, 2023990$6,226,858$6,057,210$169,648$2,726,021$2,556,373$169,648
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,387,862
of which government grants
$12,362,862
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$44,590
Other salaries and wages
$172,192
Salaries, compensation and benefits (total)
$245,542
Professional fundraising fees
$0
Legal fees
$6,475
Accounting fees
$23,176
Occupancy
$3,514
Program services (functional)
$12,071,906
Management and general (functional)
$58,322

Balance sheet and other

Total assets, start of year
$2,726,021
Total assets, end of year
$4,095,622
Total liabilities, end of year
$3,668,340
Net assets, end of year
$427,282
Net assets without donor restrictions
$1,137
Net assets with donor restrictions
$426,145
Gross receipts
$12,387,862
Employees
0
Volunteers
4
Year formed
2016
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SCOTT WALKERPRESIDENT &
Trustee or director, Officer
40$0$253,783$50,240
TOM MURTAUGHCHAIR
Trustee or director, Officer
0.5$0$0$0
RACHEL HAZARAYVICE CHAIR
Trustee or director, Officer
0.5$0$0$0
ROBERT SMITHTREASURER
Trustee or director, Officer
0.5$0$0$0
JIM OLDSSECRETARY
Trustee or director, Officer
0.5$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SCOTT WALKERPRESIDENT &
Trustee or director, Officer
40$0$201,944$45,521
TOM MURTAUGHCHAIR
Trustee or director, Officer
0.5$0$0$0
RACHEL HAZARAYVICE CHAIR
Trustee or director, Officer
0.5$0$0$0
ROBERT SMITHTREASURER
Trustee or director, Officer
0.5$0$0$0
JIM OLDSSECRETARY
Trustee or director, Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 348, LAFAYETTE, IN 47902-0348
Principal officer (990 for 2024)
TOM MURTAUGH, PO BOX 348, LAFAYETTE, IN 479020348
Signed the 990
MIKEL BERGER, CURRENT PRES & CEO
Phone
(765) 742-4044
Return prepared by
HUTH THOMPSON LLP

Mission

THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO CONDUCT, SUPPORT, ENCOURAGE, AND ASSIST THE COMMON GOOD AND WELFARE OF THE CITIZENS OF LAFAYETTE, WEST LAFAYETTE, TIPPECANOE COUNTY AND THE WEST CENTRAL REGION OF INDIANA IT SERVES. IN ADDITION, 1) THE FOUNDATION OPERATES AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND BENEFIT OF LAFAYETTE-WEST LAFAYETTE DEVELOPMENT CORPORATION (D/B/A GREATER LAFAYETTE COMMERCE) TO SOLICIT FUNDS TO SUPPORT ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS AND PROJECTS OF GREATER LAFAYETTE COMMERCE, 2)TO SOLICIT CHARITABLE CONTRIBUTIONS AND OTHER FUNDS FOR AND TO PROVIDE OTHER BENEFITS FOR THE SUPPORT AND BENEFIT OF AND IN CONJUNCTION WITH ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS AND PROJECTS OF GREATER LAFAYETTE COMMERCE, AND 3)TO COOPERATE, COLLABORATE AND WORK WITH OTHER ORGANIZATIONS INCLUDING, BUT NOT LIMITED TO, GREATER LAFAYETTE COMMERCE TO PURSUE AND ACHIEVE THE PURPOSES SET OUT ABOVE.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE ORGANIZATION'S MISSION.
    Expenses $12,071,906

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3745360
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,095,622
Income (IRS master file)
$12,387,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,387,862$12,130,228$4,095,622XML
990December 2023$6,226,858$6,057,210$2,726,021XML
990December 2022$1,986,864$4,283,800$646,679IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 81-3745360).

Questions about GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F

What is the EIN of GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F?
The employer identification number (EIN) of GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F is 81-3745360.
Is GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F 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 GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F 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 GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F?
The 990 for the year ended December 31, 2024 names TOM MURTAUGH.
Who are the officers and directors of GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does GREATER LAFAYETTE COMMERCE COMMUNITY & ECONOMIC DEVELOPMENT F have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,387,862, expenses of $12,130,228 and total assets of $4,095,622 at year end.

Other nonprofits in LAFAYETTE

All nonprofits in LAFAYETTE · Indiana · Community improvement and capacity building