Daffy

Lapeer Development Corporation

Lapeer Development Corporation

Lapeer, MI
Tax ID38-2380236

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Amount

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About this organization

Revenue

$218,313

Expenses

$221,207

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.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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