LOUISVILLE ASSOCIATION FOR COMMUNITY ECONOMICS INC | LOUISVILLE COMMUNITY GROCERY

Louisville, KY | Jefferson County
Community Services

Overview

LOUISVILLE ASSOCIATION FOR COMMUNITY ECONOMICS INC | LOUISVILLE COMMUNITY GROCERY
82-1927610
1280 LYDIA STREET
Louisville, KY 40217
Jefferson County
(502) 742-9824

louisvillefoodcooperative@gmail.com
Mission Statement info

L.A.C.E. PROMOTES COMMUNITY OWNED ENTERPRISES, INITIALLY FOCUSING ON A GROCERY WHICH IMPROVES HEALTHY FOOD ACCESS/EDUCATION, SUPPORTS SOCIAL INTERACTION WITHIN A DIVERSE COMMUNITY, AND BUILDS NEIGHBORHOOD WEALTH.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S01

S - Community Improvement, Capacity Building

Alliances & Advocacy

Organizations whose activities focus on influencing public policy within the Community Improvement, Capacity Building major group area. Includes a variety of activities from public education and influencing public opinion to lobbying national and state legislatures.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813319
Other Social Advocacy Organizations
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • Disabled
  • Economically Disadvantaged
  • Entrepreneurs
  • General Public
  • Minority Individuals
  • Senior Citizens
  • Small Businesses
  • Small Farms
  • Underbanked or Unbanked
CRA Income Characteristics info
    This nonprofit has claimed its profile but has not yet provided this information.

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
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.
Programs & Services info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$103.9K
Revenue
$103.9K
Assets
$87.7K
Exempt Ruling Date info
2018-09
Deductibility Status info
Deductible
Last Tax Filing info
2020
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
States Where Tax Return is Filed info
Not reported
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)

Nonprofit Location

Physical Address info
1280 LYDIA STREET
Louisville, KY 40217
Jefferson County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
31140
MSA/MD info
21
State info
111
County info
0070.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
31140 - Louisville/Jefferson County, KY-IN
Combined Statistical Area info
350 - Louisville/Jefferson County--Elizabethtown--Bardstown, KY-IN
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 11.50%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
0070.00 Jefferson County
Population
Total Population 2,096 768,419
Total Households 828 316,411
Income
Median Family Income (Census*) $81,146 $58,196
Median Family Income (2022 FFIEC est.) $84,700 N/A
Tract Income Percentage 104.59% N/A
Below Poverty Level 8.8% 13.7%
Unemployment Level 4.6% 5.3%
Housing
Total Housing Units 885 347,172
Total Owner-Occupied Units 74.1% 61.5%
Total Renter-Occupied Units 19.4% 38.5%
Total Vacant Units 6.4% 7.5%
* Census tract income based on 2020 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Amanda Fuller
Treasurer
louisvillefoodcooperative@gmail.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower 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 Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax 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 www.learncra.com.