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Indiana · Nonprofit

LACASA OF GOSHEN INC

LACASA OF GOSHEN INC (Indiana) receives grants from 16 organizations whose IRS filings report $5,299,067 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,056,580). 12 of them have funded it in more than one year.

Revenue FY2025
$13M
Funders on record
16
Grants received
$5.3M
Net assets
$32M
12/16 repeat funderspeak grant-dependency 18%
01What it does

What Lacasa of Goshen Inc does

Mission

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

As stated on its FY2025 Form 990.

Programs

  1. Asset and property management: manages leasing and maintenance for all lacasa-owned rental property and provides safe, attractive and affordable housing to low- and moderate-income families. As of the end of 2025, lacasa owned and managed 373 rental units located in the cities of goshen and elkhart, indiana. During 2025, lacasa added 7 units of new housing, as well as recapitalized 12 existing units in goshen, and completed rehabilitation of a 6-unit building in elkhart.

    $4,621,483 spent$2,836,120 earned by the program
    78% of program spending
  2. Real estate development: manages the acquisition of property, rehabilitation and/or construction of housing for re-sale to homebuyers or for long term rental management. During 2025, lacasa converted a former commercial space into 7 units of housing, as well as recapitalized 12 existing units in goshen, and completed rehabilitation on a 6-unit building in elkhart. Lacasa completed and sold 3 for-sale homes as part of a program designed to improve the quality of existing housing stock while benefiting low-income households. Additionally, lacasa began a recapitalization of 16 existing units and construction of 27 new units in goshen. Finally, as part of lacasa's help-a-house program, 2 owner-occupied homes were rehabilitated.

    $641,121 spent$593,008 earned by the program
    11% of program spending
  3. 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…

    $559,537 spent$481,299 earned by the program
    9% of program spending
  4. Community building & engagement: empowers neighbors to organize and reverse trends that cause neighborhoods to deteriorate and experience social and financial disinvestment. Community building and engagement provides education and encourages neighborhood residents to collaborate with lacasa and city/county officials in making decisions that affect their neighborhoods. Lacasa's goal is that neighborhoods selected for development become safe and attractive places where families choose to invest their time, money and other resources. In 2025, lacasa continued its historical work with multiple neighborhoods in goshen and south-central elkhart.

    $122,408 spent$186,760 earned by the program
    2% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $5,944,549.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.7M) Expenses 100 ($3.0M) Net assets 100 ($15M)2018 Revenue 119 ($4.3M) Expenses 108 ($3.2M) Net assets 107 ($16M)2019 Revenue 154 ($5.6M) Expenses 120 ($3.6M) Net assets 121 ($18M)2020 Revenue 143 ($5.3M) Expenses 129 ($3.8M) Net assets 131 ($19M)2021 Revenue 184 ($6.7M) Expenses 179 ($5.3M) Net assets 141 ($21M)2022 Revenue 151 ($5.5M) Expenses 142 ($4.2M) Net assets 148 ($22M)2023 Revenue 163 ($6.0M) Expenses 174 ($5.2M) Net assets 169 ($25M)2024 Revenue 209 ($7.6M) Expenses 213 ($6.4M) Net assets 177 ($26M)2025 Revenue 358 ($13M) Expenses 229 ($6.8M) Net assets 221 ($32M)
'17'18'19'20'21'22'23'24'25
Revenue (358)Expenses (229)Net assets (221)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $32M to $39M (+21%).

$20M
$21M
$23M
$25M
$27M
$28M
$31M
$32M
$39M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 36% · 2018 26% · 2019 46% · 2020 47% · 2021 54% · 2022 45% · 2023 54% · 2024 44% · 2025 60%. Grants only. Government contracts and fees sit inside program revenue.

67% of LACASA OF GOSHEN INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 888 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$683k
’17
$1.1M
’18
$2.1M
’19
$1.4M
’20
$1.4M
’21
$1.3M
’22
$783k
’23
$1.3M
’24
$6.3M
’25
5.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jeremy Stutsman

CEO

Board chair

Deb Jones

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed10111010911111213
Joined·+3+3+0+3+4+1+2+5
No longer listed·24042114
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 8 funders, grant income rose $527k → $564k.

5 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LACASA OF GOSHEN INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LACASA OF GOSHEN INC leans on a few funders — its largest provides 58% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LACASA OF GOSHEN INC.

58%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 66% · 2018 43% · 2019 81% · 2020 64% · 2021 60% · 2022 67% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of LACASA OF GOSHEN INC's funders are still giving 3 years after their first grant; 75% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

LACASA OF GOSHEN INC draws 82% of its grant income from funders outside Indiana, across 5 states in all.

MI
NY
IN
OH
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LACASA OF GOSHEN INC runs a healthier operating margin than three-quarters of the 488 housing & shelter nonprofits its size.

Operating margin48% · top quartile
Months of reserve5.1mo · above the median
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 488 housing & shelter nonprofits $10M–$100M, FY2025

Organizations like LACASA OF GOSHEN INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 9%Fundraising 4%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 3 related entities

  • La Casa Real Estate Holdings LLC · disregarded
  • Hawks Arts & Enterprise Center LP · partnership
  • Lacasa Haep Development LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for LACASA OF GOSHEN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LACASA OF GOSHEN INC?
LACASA OF GOSHEN INC (Indiana) receives grants from 16 organizations whose IRS filings report $5,299,067 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,056,580). 12 of them have funded it in more than one year.
How many funders does LACASA OF GOSHEN INC have?
IRS filings report 16 organizations giving $5,299,067 in grants to LACASA OF GOSHEN INC, 12 of which have funded it in more than one year.
Who is the largest funder of LACASA OF GOSHEN INC?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,056,580 in grants. The full list of funders is on this page.
How can an organization like LACASA OF GOSHEN INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing