Public Charity

GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION

GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION is a nonprofit organization categorized as Public Charity based in LAFAYETTE, IN. Its most recent IRS filing (2024) reports revenue of $12.4M, expenses of $12.1M, total assets of $4.1M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $67K.

EIN: 813745360 LAFAYETTE, IN Single Organization Support NTEE: S11 Latest filing: 2024
Total Revenue$12.4M
Total Expenses$12.1M
Total Assets$4.1M
Grant Records5
Funding Total$67K
Filing Years2019–2024

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.

Where $100 goes at Greater Lafayette Commerce Comm and Economic Development Foundation

How Greater Lafayette Commerce Comm and Economic Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
See organization's mission
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Jim Olds
VICE CHAIR Rachel Hazaray
TREASURER Robert Smith
PRESIDENT & Scott Walker
CHAIR Tom Murtaugh

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$42,400 4 grants
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $12.4M $12.1M $4.1M
2023 $6.2M $6.1M $2.7M
2022 $2.0M $4.3M $647K
2020 $4K $144K $1.8M
2019 $64K $155K $2.0M

Between 2019 and 2024, reported annual revenue grew from $64K to $12.4M (+19381%), with total assets most recently reported at $4.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION

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