LAFAYETTE NEIGHBORHOOD HOUSING SERVICES INC | HOMESTEAD CONSULTING SERVICES | HOMESTEAD RESOURCES

LAFAYETTE, IN | Tippecanoe County
Affordable Housing

Overview

LAFAYETTE NEIGHBORHOOD HOUSING SERVICES INC | HOMESTEAD CONSULTING SERVICES | HOMESTEAD RESOURCES
31-1057335
671 N 36TH ST
LAFAYETTE, IN 47905
Tippecanoe County
(765) 423-1284

Info@homestead-resources.org
Mission Statement info

MISSION STATEMENT- PROVIDE EDUCATION AND OTHER RESOURCES TO INCREASE AFFORDABLE, SUSTAINABLE HOUSING OPPORTUNITIES FOR ADULTS; BUILD YOUTH LEADERSHIP AND SKILLS IN ORDER FOR THEM TO BE PREPARED FOR HOUSING AND COMMUNITY LEADERSHIP OPPORTUNITIES; TEACH FINANCIAL LITERACY; AND BE A CATALYST FOR THE DEVELOPMENT AND REVITALIZATION OF OUR NEIGHBORHOODS. HOMESTEAD RESOURCES WAS ESTABLISHED AS A 501(C)(3) NON-PROFIT ORGANIZATION IN 1983 TO ADDRESS THE HOUSING NEEDS OF INDIVIDUALS AND FAMILIES WITH LOW AND MODERATE INCOMES THROUGHOUT TEN COUNTIES ACROSS WEST CENTRAL INDIANA. FOR OVER 43 YEARS, HOMESTEAD RESOURCES HAS PROVIDED AFFORDABLE HOUSING SERVICES AND FINANCIAL LITERACY TO THOUSANDS OF INDIVIDUALS AND FAMILIES IN TIPPECANOE, BENTON, BOONE, CARROLL, CLINTON, FOUNTAIN, MONTGOMERY, PUTNAM, WARREN, AND WHITE COUNTIES. ON AN ANNUAL BASIS, THE ORGANIZATION IMPACTS OVER 2,000 INDIVIDUALS AND FAMILIES THROUGH A COMPREHENSIVE SUITE OF AFFORDABLE HOUSING SERVICES.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
Founded info
1982
Total Employees info
11
Total Volunteers info
150
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
400
Area development, redevelopment of renewal
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services
Targeted Clients info
  • College Students
  • Disabled
  • Economically Disadvantaged
  • K-12 Students
  • Families
  • First-Time Homebuyers
  • General Public
  • People Needing Credit Counseling
  • Men
  • Minority Individuals
  • Nonprofits
  • Rural Residents
  • Senior Citizens
  • Underbanked or Unbanked
  • Veterans
  • Women
CRA Income Characteristics info
  • HUD Assistance Recipients
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • SNAP Recipients

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
91%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Financial Education
We offer 5 Education classes for both renters, homeowners and homebuyers.
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • College Students
  • Disabled
  • Economically Disadvantaged
  • K-12 Students
  • Families
  • First-Time Homebuyers
  • General Public
  • Homeless
  • Immigrants or Refugees
  • People needing Credit Counseling
  • Inmates or Ex-Offenders
  • LGBTQ Individuals
  • Men
  • Military
  • Minority Individuals
  • Nonprofits
  • Rural Residents
  • Senior Citizens
  • Underbanked or Unbanked
  • Veterans
  • Unemployed
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • HUD Assistance Recipients
Housing Counseling
We offer 5 types of HUD Housing Counseling including budget and credit counseling, rental counseling, pre-purchase counseling, foreclosure prevention counseling and reverse mortgage counseling.
Targeted Clients info
  • College Students
  • Disabled
  • Economically Disadvantaged
  • Families
  • First-Time Homebuyers
  • Foster Youth
  • General Public
  • Homeless
  • People needing Credit Counseling
  • Inmates or Ex-Offenders
  • LGBTQ Individuals
  • Men
  • Military
  • Minority Individuals
  • Native Americans
  • Nonprofits
  • Rural Residents
  • Senior Citizens
  • Underbanked or Unbanked
  • Veterans
  • Unemployed
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • HUD Assistance Recipients
Affordable Housing Developer
We have 150 units of affordable multifamily rentals and they are dedicated to serving seniors and families with disabilities.
Targeted Clients info
  • Disabled
  • Senior Citizens
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • HUD Assistance Recipients
  • Medicaid Recipients
  • SSI Recipients
Community Loan Center of West Central Indiana
We offer small dollar consumer loans through a partnership with 60 employers in our community to provide an affordable alternative for their employees in hopes of avoiding predatory payday lending options.
Targeted Clients info
  • General Public
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Women-Owned Businesses
CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Date Certified info
10/25/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $450,000 CDFI Rapid Response Program (COVID-19) open_in_new Lafayette Neighborhood Housing Services, Inc.

Includes CDFI Fund awards granted between January 2015 and December 2024

HUD Counseling Agency info
Agency Information
Colonias No
Migrant Workers No
Faith-Based No
Counseling Method
Face to Face, Group, Internet, Other, Phone, Video Conference
Languages
English
Counseling Services
  • Mortgage Delinquency & Default Resolution Counseling
  • Financial Management & Budget Counseling
  • Financial
  • Budgeting & Credit Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Education Workshops
  • Rental Housing Counseling
  • Reverse Mortgage Counseling
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.2M
Revenue
$1.9M
Assets
$4.2M

IRS Business Master File Details info

As of September 2025
Exempt Ruling Date info
1983-04
Deductibility Status info
Deductible
Last Tax Filing info
2024
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2025
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through June 2025
Tax period ending in
2023-12
Tax period ending in
2022-12
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Main Address info
671 N 36TH ST
LAFAYETTE, IN 47905
Tippecanoe County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
29200
MSA/MD info
18
State info
157
County info
0018.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
29200 - Lafayette-West Lafayette, IN
Combined Statistical Area info
320 - Lafayette-West Lafayette-Frankfort, IN
Metropolitan Division info
Not located in an MD.
Main Address Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 43.72%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • IN - Benton County
  • IN - Boone County
  • IN - Carroll County
  • IN - Clinton County
  • IN - Fountain County
  • IN - Montgomery County
  • IN - Putnam County
  • IN - Tippecanoe County
  • IN - Warren County
  • IN - White County

Market Data

Main Address Census Tract County
671 N 36TH ST
LAFAYETTE, IN 47905
0018.00 Tippecanoe County
Population
Total Population 3,733 187,399
Total Households 1,606 74,415
Income
Median Income* $47,941 $58,622
Median Family Income (2024 FFIEC est.) $83,100 $92,500
Tract Income Percentage 65.66% N/A
Below Poverty Level 13.0% 19.0%
Unemployment Level 7.1% 2.9%
Housing
Total Housing Units 1,775 79,327
Total Owner-Occupied Units 31.3% 53.9%
Total Renter-Occupied Units 59.2% 46.1%
Total Vacant Units 9.5% 6.3%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

14
Total Voting Members
in Governing Body
info
14
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
A Marie Morse
Executive Director
(765) 423-1284
Principal Officer info
A Marie Morse
findCRA Profile Owner
Morgan Hoover
Associate Executive Director, Philanthropy and Marketing
morgan@homestead-resources.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grant Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2023-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.