Lacasa of Goshen Inc

Nonprofit profile at a glance

EIN
351554538
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Goshen, IN, USA
Phone
5745334450
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Low-Income & Subsidized Rental Housing

Official website

Reported finances

Revenue
$13,123,555
Expenses
$6,821,294
Assets
$38,800,167
Liabilities
$6,514,775

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JEREMY STUTSMAN (CEO)

Highest reported compensation

  • JEREMY STUTSMAN (CEO): $192,465 total reported compensation
  • ALAN GREASER (CHIEF IMPACT OFFICER): $134,773 total reported compensation
  • AMY CALL (CFO): $132,838 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lacasa works with individuals and community partners to create opportunity for personal empowerment, family stability and neighborhood vitality.

What it reported doing in 2025

Financial empowerment center: works with low- and moderate-income families and community partners to improve financial stability, build assets, and achieve long-term goals such as home and auto ownership. Lacasa provides financial training curriculum under the "master it" umbrella with master your money, master homeownership, master your debt, master your credit, and master investing 101. Master investing 101 was piloted in late 2025 and is now offered as a regular class in 2026, helping participants learn the fundamentals of investing, retirement planning, and long-term wealth building. In 2025, lacasa's financial education classes served 531 participants through 64 class sessions. Lacasa offers individual development savings accounts used for homeownership, secondary education, transportation needs, or home repair, as well as an auto loan program that provides fair, fixed-rate vehicle financing paired with financial coaching to help working individuals access reliable transportation. In 2025, 22 people received counseling from a hud certified housing counselor and successfully purchased homes. Overall, 66 participants achieved major financial milestones and asset purchases through lacasa's programs. Lacasa also provides one-on-one financial coaching and hud-certified housing counseling services.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46%; rating input score 46
  • Program expense ratio: 87.1%; rating input score 87
  • Fundraising efficiency: $34.64 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 48%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 5.69; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 9.2% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 8.1% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 46% of revenue deployed · 87.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $5.9M in reported program spending
  • Leadership: top reported pay $192K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $842K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.