Form 990 for tax year 2022
Filed by LAFAYETTE URBAN ENTERPRISE ASSOCIATION INC.
Totals
- Total revenue
- $1,152,011
- Total expenses
- $1,013,667
- Contributions and grants received
- $974,764
- Grants paid
- $0
- Program service revenue
- $193,075
- Investment income
- -$24,066
- Other revenue
- $8,238
- Total assets, end of year
- $2,488,917
- Total liabilities, end of year
- $310,930
- Net assets or fund balances, end of year
- $2,177,987
- Program services expenses (Part IX)
- $810,937
- Management and general expenses
- $202,730
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $810,937
Program services were 80.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$344,772
-
1f · All other contributions, gifts and grants
$629,992
-
1g · Noncash contributions included above
$10,000
-
2a · Program service revenue: MEMBERSHIP
total $192,972 · related or exempt $192,972
-
2b · Program service revenue: SEMINARS & EVENTS
total $103 · related or exempt $103
-
3 · Investment income
total $14 · excluded $14
-
6a · Gross rents
real property $8,238
-
6c · Rental income or loss
real property $8,238
-
6d · Net rental income or loss
total $8,238 · excluded $8,238
-
7b · Less cost or other basis and sales expenses
other assets $24,080
-
7c · Gain or loss
other assets -$24,080
-
7d · Net gain or loss
total -$24,080 · excluded -$24,080
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $30,595 · program services $24,476 · management and general $6,119
-
7 · Other salaries and wages
total $400,978 · program services $320,783 · management and general $80,195
-
8 · Pension plan contributions
total $22,708 · program services $18,166 · management and general $4,542
-
9 · Other employee benefits
total $16,163 · program services $12,931 · management and general $3,232
-
10 · Payroll taxes
total $33,627 · program services $26,902 · management and general $6,725
-
11g · Fees: other
total $82,198 · program services $65,758 · management and general $16,440
-
12 · Advertising and promotion
total $42,131 · program services $33,704 · management and general $8,427
-
13 · Office expenses
total $72,279 · program services $57,824 · management and general $14,455
-
14 · Information technology
total $27,425 · program services $21,940 · management and general $5,485
-
16 · Occupancy
total $62,374 · program services $49,901 · management and general $12,473
-
19 · Conferences, conventions and meetings
total $5,138 · program services $4,111 · management and general $1,027
-
22 · Depreciation, depletion and amortization
total $129,927 · program services $103,942 · management and general $25,985
-
23 · Insurance
total $4,914 · program services $3,931 · management and general $983
-
24a · Other expenses: VOLUNTEER AND COMMUNITY
total $76,150 · program services $60,920 · management and general $15,230
-
24b · Other expenses: PROGRAM EXPENSE
total $6,805 · program services $5,444 · management and general $1,361
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $255 · program services $204 · management and general $51
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,462 · end of year $9,463
-
2 · Savings and temporary cash investments
beginning of year $1,388,761 · end of year $1,539,155
-
3 · Pledges and grants receivable
beginning of year $147,902 · end of year $363,483
-
4 · Accounts receivable
beginning of year $204,852 · end of year $306,843
-
7 · Other notes and loans receivable
beginning of year $75,000
-
9 · Prepaid expenses and deferred charges
end of year $3,001
-
10a · Land, buildings and equipment: cost or other basis
$1,920,110
-
10b · Land, buildings and equipment: accumulated depreciation
$1,653,138
-
10c · Land, buildings and equipment, net
beginning of year $317,050 · end of year $266,972
-
14 · Intangible assets
beginning of year $525
-
17 · Accounts payable and accrued expenses
beginning of year $68,179 · end of year $274,796
-
19 · Deferred revenue
beginning of year $35,730 · end of year $36,134
-
27 · Net assets without donor restrictions
beginning of year $2,039,643 · end of year $2,177,987
Mission and programs · 2022
Mission
DIRECT ENTERPRISE ZONE ACTIVITIES AND REINVESTMENT IN THE CITY OF LAFAYETTE, INDIANA.
-
LAFAYETTE URBAN ENTERPRISE ASSOCIATION (LUEA): DIRECT ENTERPRISE ZONE ACTIVITIES AND REINVESTMENT IN THE CITY OF LAFAYETTE, INDIANA.
Expenses $107,821
-
MATCHBOX COWORKING STUDIO: 24/7 SHARED OFFICE SPACE THAT EXISTS TO SUPPORT A BETTER FUTURE THAT IS VIBRANT, INNOVATIVE, AND OPTIMISTIC.
Expenses $703,116 · Revenue $193,075
-
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
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dennis CarsonDENNIS CARSON
DIRECTOR
- Total calculated
- $30,595
- From this org
- $28,890
- From related orgs
- $0
- Other
- $1,705
- Hours/week
- 40
-
Michael GibsonMICHAEL GIBSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tony RoswarskiTONY ROSWARSKI
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Scott WalkerSCOTT WALKER
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349300336
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