2023-11-14T15:33:32-05:00 2022-12-31 352055043 HUTH THOMPSON LLP PO BOX 970 LAFAYETTE IN 479020970 990 2022-01-01 813745360 GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION GREA 7657424044 PO BOX 348 LAFAYETTE IN 479020348 SCOTT WALKER PRESIDENT & CEO GLC 7657424044 2023-11-10 SCOTT WALKER 999009999 true KIMBERLEY R MORISETTE P00337290 7654285000 2023-11-10 2022 2023-04-26 12:10:37Z TOM MURTAUGH PO BOX 348 LAFAYETTE IN 479020348 1986864 false X WWW.GREATERLAFAYETTECOMMERCE.COM X 2016 IN 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. 4 4 0 4 0 512933 1986864 0 0 0 512933 1986864 2367936 0 233490 281850 0 0 33912 1634014 267402 4283800 245531 -2296936 2061774 646679 646679 2061774 0 X 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. false false 4203286 2367936 SEE ORGANIZATION'S MISSION. 4203286 true true false false false false false false false false false false false false false true true true false false false false false false false false false true false true false false false false false true false false false false false false false true false false false true 0 0 false 0 false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true true false false IN X SCOTT WALKER 7657424044 PO BOX 348 LAFAYETTE IN 47902 SCOTT WALKER PRESIDENT & 40.00 X X 0 218111 40532 TOM MURTAUGH CHAIR 0.50 X X 0 0 0 RACHEL HAZARAY VICE CHAIR 0.50 X X 0 0 0 ROBERT SMITH TREASURER 0.50 X X 0 0 0 JIM OLDS SECRETARY 0.50 X X 0 0 0 218111 40532 false true false 1914614 72250 1986864 1986864 X 2367936 2367936 46487 37190 9297 192607 143641 48966 7651 6459 1192 17422 11464 5958 17683 13671 4012 21133 16906 4227 19017 15214 3803 1219890 1219890 276134 273108 3026 13967 13967 PROFESSIONAL DEVELOPMENT 83840 83840 BANK SERVICE FEE 33 33 4283800 4203286 80514 0 52522 144802 487426 594157 1021528 408018 2061774 646679 646679 0 646679 X 1466545 595229 2061774 0 2061774 646679 X -2296936 235162 X false true X true true true X X 1 LAFAYETTE-WEST LAFAYETTE DEVELOPMENT CORPORATION LAFAYETTE-WEST LAFAYETTE DEVELOPMENT CORPORATION 300363760 10 true 71000 2296936 1 71000 2296936 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1986864 1986864 1986864 4283800 4283800 4283800 SCHEDULE D, PAGE 3, PART X THE FOUNDATION RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY- THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. true LAFAYETTE-WEST LAFAYETTE DEVELOPMEN 337 COLUMBIA STREET PO BOX 348 LAFAYETTE IN 47902 300363760 4 2296936 NBV FIXED ASSETS LAFAYETTE-WEST LAFAYETTE DEVELOPMEN 337 COLUMBIA STREET PO BOX 348 LAFAYETTE IN 47902 300363760 4 71000 FMV PROGRAM GRANTS 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION GRANTS FUNDS TO THE ORGANIZATION IT WAS FORMED TO SUPPORT - LAFAYETTE-WEST LAFAYETTE DEVELPMENT CORPORATION D/B/A GREATER LAFAYETTE COMMERCE. GREATER LAFAYETTE COMMERCE EMPLOYEES OPERATE THE FOUNDATION AND THUS, THE FUNDS ARE CONTINUALLY MONITORED BY GREATER LAFAYETTE COMMERCE PERSONNEL. X true false X X false false false false false false false false false SCOTT WALKER PRESIDENT & CEO GLC 218111 11502 29030 258643 SCHEDULE J, PART III THE RELATED ORGANIZATION, GREATER LAFAYETTE COMMERCE PAYS THE ANNUAL DUES OF 4,025 FOR THE CEO'S MEMBERSHIP IN THE COUNTRY CLUBS. SEE PART V false SCHEDULE L, PART V VARIOUS BOARD MEMBERS AND THE BUSINESSES THEY WORK FOR PROVIDE A VARIETY OF SERVICES TO THE ORGANIZATION THROUGHOUT THE YEAR. NO INDIVIDUAL TRANSACTIONS MET THE REQUIRED REPORTING THRESHOLDS. FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY AT DESIGNATED BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE GREATER LAFAYETTE COMMERCE'S PRESIDENT'S SALARY IS APPROVED BY THE BOARD UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G CONTRACTUAL EXPENSE 1,152,540 0 0 CONTRACTOR/VENDOR 30,280 0 0 CONTRACTOR/VENDOR: PERSONNEL 35,085 0 0 CONTRACTOR/VENDOR: BENEFITS 1,985 0 0 TOTAL 1,219,890 0 0 FORM 990, PART XI, LINE 9 TAX ALLOCATION FROM PRIOR YEARS 235,162 LAFAYETTE-WEST LAFAYETTE DEVELOPMEN PO BOX 348 LAFAYETTE IN 47902 300363760 COMMUNITY IN 4 NA false LAFAYETTE-WEST LAFAYETTE CHAMBER OF PO BOX 348 LAFAYETTE IN 47902 350350880 CHAMBER IN 6 NA false false true false false false false false false false false true true true true true true false false false LAFAYETTE- WEST LAFAYETTE DEVELOPME P 368068 LAFAYETTE- WEST LAFAYETTE DEVELOPME B 2367936