GREATER LAFAYETTE COMMUNITY DEVELOPMENT CORPORATION

EIN: 352128701 501(c)(3)

LAFAYETTE, IN

Total Revenue
$60
Total Expenses
$875,677
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Principal Officer
UMESH PATEL
Phone
7657424044
Tax Period
2021-01-01 to 2021-08-31

GREATER LAFAYETTE COMMUNITY DEVELOPMENT CORPORATION, founded in 2001, is a micro nonprofit that reported $60 in total revenue in fiscal year 2021. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $876K exceeded revenue, resulting in a 1459362% operating deficit.

Mission

PROVIDE UNIFIED REPRESENTATION OF THE GREATER LAFAYETTE COMMUNITY FOR PROJECTS AFFECTING THE WHOLE COMMUNITY. FOR FURTHER DETAILS OF MISSION AND ACTIVITIES, SEE SCHEDULE O.

Program Service Accomplishments

Program 1
Expenses: $875,667

REVIEWED WAYS TO PRESERVE PROPERTY FOR PUBLIC BENEFIT; TO INTERCEDE IN AREAS OF POTENTIAL BLIGHT. THE ORGANIZATION IS A CERTIFIED DEVELOPMENT ENTITY UNDER US TREASURY CDFI PROGRAM. CONTINUED...

Read more

REVIEWED WAYS TO PRESERVE PROPERTY FOR PUBLIC BENEFIT; TO INTERCEDE IN AREAS OF POTENTIAL BLIGHT. THE ORGANIZATION IS A CERTIFIED DEVELOPMENT ENTITY UNDER US TREASURY CDFI PROGRAM. CONTINUED REVOLVING LOAN FUND WITH PARTICATING BANKS TO MAKE LOANS TO BUSINESSES IDENTIFIED AS IMPORTANT TO THE COMMUNITY. CONTINUED A BROWNFIELD INITIATIVE INCLUDING THREE LOCAL GOVERNMENTS. THIS ENTITY IS CURRENTLY DORMANT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $60
Other Revenue $0
TOTAL REVENUE $60

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $875,667
Other Expenses $875,677
TOTAL EXPENSES $875,677

Year-over-Year Comparison

2021 2020 Change
Revenue $60 $328 -0.8%
Expenses $875,677 $180 +4863.9%
Net Income $-875,617 $148 -5917.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE ABEL DIRECTOR 0.10
Director
$0 $0 $0
KIM ALLEN DIRECTOR 0.10
Director
$0 $0 $0
DAVID BATHE DIRECTOR 0.10
Director
$0 $0 $0
JASON BRICKER TREASURER 0.10
Officer Director
$0 $0 $0
KATHY BRINKER DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL BUDD DIRECTOR 0.10
Director
$0 $0 $0
MITCH DANIELS DIRECTOR 0.10
Director
$0 $0 $0
MAYOR JOHN DENNIS DIRECTOR 0.10
Director
$0 $0 $0
JANET FOX DIRECTOR 0.10
Director
$0 $0 $0
RACHEL HAZARY DIRECTOR 0.10
Director
$0 $0 $0
GARY LEHMAN DIRECTOR 0.10
Director
$0 $0 $0
STEPHANIE LONG DIRECTOR 0.10
Director
$0 $0 $0
JOE MARKUN DIRECTOR 0.10
Director
$0 $0 $0
BRAD MARLEY DIRECTOR 0.10
Director
$0 $0 $0
DAVE MARTIN DIRECTOR 0.10
Director
$0 $0 $0
PAUL MOSES DIRECTOR 0.10
Director
$0 $0 $0
COMMISSIONER TOM MURTAUGH DIRECTOR 0.10
Director
$0 $0 $0
JIM OLDS SECRETARY 0.10
Officer Director
$0 $0 $0
UMESH PATEL CHAIR 0.10
Officer Director
$0 $0 $0
KEVIN RILEY DIRECTOR 0.10
Director
$0 $0 $0
MAYOR TONY ROSWARSKI DIRECTOR 0.10
Director
$0 $0 $0
BOB SMITH DIRECTOR 0.10
Director
$0 $0 $0
THOMAS SORS DIRECTOR 0.10
Director
$0 $0 $0
TERRY WILSON DIRECTOR 0.10
Director
$0 $0 $0
SCOTT WALKER PRESIDENT & 0.10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $60 $875,677 No data $-875,617
2020 $328 $180 $875,617 $148
2019 $769 $120 $875,469 $649
2018 $3,567 $120 $874,820 $3,447
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GREATER LAFAYETTE COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.