Lafayette Neighborhood Housing

“Line 16b -- the organization pays 50% of the expenses in a joint venture - stentz/lnhs llc each year. This entity is a non-income producing entity and merely holds title to a parking lot. While there are no specific written policies/procedures for stentz/lnhs llc, the organization's exempt status is protected by the governance structure and approval policies governing all transactions and affairs of the exempt entity including transactions, policies, and procedures for this joint venture.”

“Membership in the corporation shall be open to any person 18 years or older who is a resident of the counties served by lafayette neighborhood housing services, inc in indiana or is an owner, director, employee, agent, officer or representative of any firm, organization or government agency engaged in activities within our counties served in indiana.”

“The initial members shall be designated by the inital board of directors. Any other person who is eligible for membership in the corporation may become a member by attending the annual meeting and/or requesting membership by signing a notice to become a member.”

“The corporation shall have one classification of members and each member shall be entitled to one vote on each matter submitted to a vote of the members, except as otherwise provided by law.”

“The organization's executive director reviews the form 990 and discusses its contents with the board before the return is filed.”

“The organization's executive director and the board review all vendor relationships for potential conflicts of interest with key employees and board members prior to purchasing goods and/or services.”

“Compensation is determined by the community based board of directors.”

“Key employees' compensation is determined in partnership with the personnel committee. Comparability data was used. Minutes of the meeting were taken.”

“Governing documents are made available upon request.”

“D/b/a homestead consulting services d/b/a community loan center of west central indiana d/b/a homestead resources”

“The mission of homestead cs is to provide education and other resources to increase affordable, sustainable housing opportunities for adults; build youth leaderership and skills in order for them to be prepared for housing and community leadership opportunities; teach financial literacy; and to be a catalyst for the development and revitalization of our neighborhoods.”

“Other programs including community building and organizing, homeownership, education and counseling”

“Direct fundraising expenses included on stmt of revenue 249,413 rounding 0 direct fundraising expenses included on stmt of revenue -249,413 rounding 3 book / tax depreciation difference 67 total 70”