Lapeer Development Corporation
Lapeer Development Corporation
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About this organization
Mission
To lead and coordinate economic development throughout Lapeer County and to provide a link between federal, state and local governments and businesses interested in locating or expanding in Lapeer County Michigan. The Lapeer Development Corporation will act as a liaison between public and private sectors to obtain the necessary assistance for a project.
About
Lapeer Development Corporation Revolving Loan Fund
Interesting data from their 2019 990 filing
The non-profit's mission is outlined in the filing as being “To lead and coordinate economic development throughout lapeer county and to provide a link between federal, state and local governments and businesses interested in locating or expanding in lapeer county michigan. the lapeer development corporation will act as a liason between public and private sectors to obtain the necessary assistance for a project.”.
When detailing its duties, they were outlined as: “To lead and coordinate economic development throughout lapeer county and to provide a link between federal, state and local governments and businesses interested in locating or expanding in lapeer county michigan. the lapeer development corporation will act as a liason between public and private sectors to obtain the necessary assistance for a project.”.
- The state in which the non-profit operates has been officially reported as MI.
- The non-profit's form for the year 2019 reports a total of 6 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$2,894.
- The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 18 independent voting members.
- The organization was formed in 1981.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $139,711 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.