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Nonprofiteer
← LEAP

Form 990 for tax year 2024

Filed by LEAP.

Totals

Total revenue
$27,497,893
Total expenses
$30,041,990
Contributions and grants received
$25,211,478
Grants paid
$27,357,995
Program service revenue
$1,782,593
Investment income
$501,576
Other revenue
$2,246
Total assets, end of year
$12,962,483
Total liabilities, end of year
$10,467,711
Net assets or fund balances, end of year
$2,494,772
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $210,000

  • 1f · All other contributions, gifts and grants

    $25,001,478

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $1,338,450 · related or exempt $1,338,450

  • 2b · Program service revenue: CONTRACT SERVICES

    total $439,674 · related or exempt $439,674

  • 2c · Program service revenue: ADMINISTRATIVE SERVICES

    total $4,469 · related or exempt $4,469

  • 3 · Investment income

    total $501,576 · excluded $501,576

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $2,246 · related or exempt $2,246

  • 11e · Other revenue, total

    $2,246

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,315,534

  • 2 · Grants to domestic individuals

    total $33,586

  • 3 · Grants to foreign organizations and individuals

    total $8,875

  • 5 · Compensation of officers, directors and key employees

    total $582,806

  • 7 · Other salaries and wages

    total $1,057,467

  • 8 · Pension plan contributions

    total $39,662

  • 9 · Other employee benefits

    total $113,317

  • 10 · Payroll taxes

    total $105,481

  • 11b · Fees: legal

    total $8,470

  • 11c · Fees: accounting

    total $128,560

  • 11g · Fees: other

    total $185,764

  • 12 · Advertising and promotion

    total $162,439

  • 13 · Office expenses

    total $61,748

  • 16 · Occupancy

    total $107,782

  • 17 · Travel

    total $35,145

  • 22 · Depreciation, depletion and amortization

    total $2,474

  • 23 · Insurance

    total $23,018

  • 24a · Other expenses: OTHER

    total $32,341

  • 24b · Other expenses: MEMBERSHIP DUES

    total $17,249

  • 24c · Other expenses: EVENT SUPPORT

    total $13,146

  • 24d · Other expenses: STAFF DEVELOPMENT

    total $7,126

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,467,053 · end of year $470,222

  • 2 · Savings and temporary cash investments

    end of year $11,239,104

  • 3 · Pledges and grants receivable

    beginning of year $9,514,198 · end of year $148,008

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,506 · end of year $34,201

  • 10a · Land, buildings and equipment: cost or other basis

    $190,343

  • 10b · Land, buildings and equipment: accumulated depreciation

    $172,895

  • 10c · Land, buildings and equipment, net

    beginning of year $4,551 · end of year $17,448

  • 15 · Other assets

    beginning of year $3,765,666 · end of year $1,053,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,899,889 · end of year $1,587,035

  • 19 · Deferred revenue

    beginning of year $226,875 · end of year $286,039

  • 25 · Other liabilities

    beginning of year $1,617,341 · end of year $8,594,637

  • 27 · Net assets without donor restrictions

    beginning of year $4,913,500 · end of year $2,372,640

  • 28 · Net assets with donor restrictions

    beginning of year $125,369 · end of year $122,132

Mission and programs · 2024

Mission

WE BUILD A STRONGER COMMUNITY FOR ALL, WORKING EVERYDAY TO GROW, RETAIN AND ATTRACT BUSINESS TO THE REGION.

  • REGIONAL GROWTH DEPARTMENT - LEAP'S REGIONAL GROWTH DEPARTMENT WORKED ON A VARIETY OF INDUSTRY GROWTH PROJECTS (INCLUDING BUSINESS ATTRACTION AND BUSINESS EXPANSION PROJECTS) WITH KEY OUTCOMES AS FOLLOWS: SIX INVESTMENT PROJECTS COLLECTIVELY CONSTITUTING $90,372,000 INVESTMENT AND A TOTAL OF 194 JOBS COMMITTED WITH $31/HR AVERAGE WAGE. BUSINESS ATTRACTION PROJECTS WON AND/OR ANNOUNCED INCLUDE CERTUS MEDICAL, AUNEX, TAEIN E&D. BUSINESS EXPANSION PROJECTS WON AND/OR ANNOUNCED INCLUDE GESTAMP, MATRIX ENGINEERS, AND IONETIX. IN ADDITION TO INDUSTRY GROWTH WORK, THE DEPARTMENT FOCUSED ON COMMUNITY DEVELOPMENT AND PLACE-BASED PROJECTS, AND SECURED TWO PROJECTS WITH APPROVALS / ANNOUNCEMENTS / GROUNDBREAKINGS: GENESEE POINT CONDOS AND LITTLE DREAMERS DAY CARE EXPANSION, CONSTITUTING A TOTAL INVESTMENT OF $7,200,000 WITH 15 FULL TIME EQUIVALENT JOBS RELATED TO THEM, 30 ADDED CHILD CARE SLOTS AND FOUR NEW / REHABBED HOUSING UNITS FOR THE REGION. GROWING PROJECT PIPELINE IN COMMUNITY DEVELOPMENT:WORKING ON 12 NEW HOUSING, CHILDCARE, OR MIXED-USE PROJECTS ACROSS THE REGION, INCLUDING: 2 IN LANSING; 2 IN DELTA TOWNSHIP; 2 IN WILLIAMSTON; 1 IN EACH OF ST. JOHNS, BINGHAM TWP, BATH TOWNSHIP, EATON RAPIDS, ELSIE, AND LESLIE. PLACEMAKING EFFORTS INCLUDED TRANSFERING LONGSTANDING PUBLIC ART FOR COMMUNITIES PROGRAM TO ARTS COUNCIL OF GREATER LANSING, WHILE WORKING ON WRAPPING UP FINAL AWARD TO EATON COUNTY FOR PLACEMAKING PROJECT. POET LAUREATE PROGRAM WAS SIMILARLY TRANSITIONED TO ARTS COUNCIL. THE DEPT STAFF ALSO CONDUCTED A TOTAL OF 52 UNIQUE RETENTION VISITS AND DISCOVERED FOUR PROSPECTIVE EXPANSION PROJECTS THROUGH THAT EFFORT WHILE ALSO ADDING VALUE ADD SERVICES AND REFERRALS TO 98 PERCENT OF THE VISITS. MOSTLY IN RELATION TO BUSINESS ATTRACTION PIPELINE, THE DEPT STAFF CONDUCTED 58 REAL ESTATE SITE SEARCHES, 85% OF WHICH WERE INDUSTRIAL (MANUFACTURING, DISTRIBUTION, DATA CENTERS), WITH 10% OFFICE/FLEX SPACE, AND 5% RETAIL/CHILDCARE/HOUSING RELATED. 20 OF THE SEARCHES WERE LEADS GENERATED DIRECTLY BY LEAP, INCLUDING ALL 9 NON-INDUSTRIAL PROSPECTS, DEMONSTRATING ECONOMIC DIVERSIFICATION INTENT. LEAP HOSTED 14 UNIQUE COMPANIES WITH EXECUTIVE VISITS TO THE REGION. INDUSTRY CLUSTER WORK CONTINUED: FOR MEDTECH, SUCCESSFULLY CONCLUDED $1M EDA EAA GRANT FOR MEDTECH / LIFE SCIENCES GAMEPLAN, MARKETING AND INNOVATION PROGRAMS, WITH CONTINUED ENGAGEMENT WITH MSU ECOSYSTEM AROUND GAMEPLAN IMPLEMENTATION. RE-ENGAGING MEDTECH COMMITTEE WITH LEADERSHIP OF UNIVERSITY OF MICHIGAN HEALTH SPARROW, MCLAREN, MSU, AND KEY COMPANIES IN REGION. FOR AGTECH, M-21 AGTECH CORRIDOR REAL ESTATE AND PROJECT ACTIVATION WORK CONTINUES, REFRAMED TO BOTH FIT REGIONAL CONTEXT AND ALIGN WITH CLINTON COUNTY CONTRACT GOALS, AND FOR NEW CLUSTER ADDITION OF CREATIVE TECHNOLOGIES, FOCUSING ON DEVELOPMENT AROUND E-SPORTS, VIDEO GAME DESIGN, ETC. AND A RESPECTIVE STRATEGY AND BASELINE RESEARCH AROUND IT.

  • SITE-READINESS FUNDS - SECURED AND BEGAN TO ADMINISTER $6.5M GRANT FROM MEDC TO PROACTIVELY PREPARE 400+ ACRE COLLEGE RD DELHI TWP SITE FOR A SUBSTANTIAL INVESTMENT AND JOB CREATION PROJECT DOWN THE ROAD. ADMINISTERED ACTIVELY THE $1.2M MEDC SITE READINESS GRANT SECURED IN LATE 2023 FOR ADDITIONAL PROACTIVE SITE PLANNING FOR NINE SITES ACROSS THE REGION, WHICH INCLUDED CITY OF GRAND LEDGE'S WILLIS INDUSTRIAL PARK, EYDE DEVELOPMENT'S HOLT INDUSTRIAL VACANT LAND DEVELOPMENT, MSU RESEARCH FOUNDATION'S LANSING JOHN BEAN BUILDING REDEVELOPMENT, DYMAXION DEVELOPMENT'S INDUSTRIAL BUILDING DEVELOPMENT, THE GILLESPIE COMPANY'S LANSING COMMERCIAL REDEVELOPMENT SPACE, THE CAPITAL REGION AIRPORT AUTHORITY (CRAA)'S "PORT LANSING NORTH" SITE, CITY OF EATON RAPIDS' NORTH AND SOUTH INDUSTRIAL PARKS, AND 1035 US 27 LLC'S ST. JOHNS COMMERCIAL SPACE REDEVELOPMENT.

  • ULTIUM PROJECT - CONTINUED ADMINISTRATION OF $66.1M PUBLIC INFRASTRUCTURE FUNDING FOR ULTIUM PROJECT. LANSING BWL SUBGRANT PORTION IS COMPLETED, DELTA TWP PORTION EXPECTED COMPLETION IN BY H2 2025, ALONG WITH GRANT CLOSEOUT. AS OF 2024 YEAR-END, THE GRANT WAS APPROXIMATELY 93 PERCENT EXPENSED ON ELIGIBLE ACTIVITIES. LEAP WORKED WITH ULTIUM, GENERAL MOTORS AND PROJECT PARTNERS AS DISCUSSIONS EVOLVED AROUND GM'S SALE OF ITS LANSING ULTIUM FACILITY STAKE TO ITS JV PARTNER LG ENERGY SOLUTION, WHO IS EXPECTED TO OWN THE FACILITY OUTRIGHT BY MID-2025.

  • MEDC-CDC GRANT ($500K) - DEPLOYED OVER $87,000 IN SMALL TOWN ENHANCEMENT GRANTS TO 5 RURAL SMALL TOWNS FOR PLACE-BASED PROJECTS AND PUBLIC SPACE ACTIVATION 2 IN CLINTON AND INGHAM COUNTIES, ONE IN EATON. VILLAGE OF VERMONTVILLE FOR RENOVATING A HISTORIC BELL TOWER, VILLAGE OF STOCKBRIDGE FOR TRANSFORMING THE PATIO SECTION NEXT TO VILLAGE HALL INTO A TRANQUIL SEATING/RELAXATION AREA, CITY OF LESLIE FOR NEW PAVILION AT THE SITE OF THE FORMER COMMUNITY POOL, VILLAGE OF MAPLE RAPIDS FOR HISTORIC FACADE PROJECT AT A 120-YEAR-OLD BUILDING, CITY OF OVID FOR INSTALLATION OF NEW BANNERS ALONG MAIN STREET IN THE DOWNTOWN AREA. IN 2023, THERE WAS NO SINGULAR DATA SOURCE / TOOL FOR FUTURE LAND USE MAPPING ACROSS MUNICIPALITIES FOR THE ENTIRE TRI-COUNTY REGION. SO, WE BUILT ONE WITH THE HELP OF A GRADUATE STUDENT AT THE UNIVERSITY OF DENVER. IN 2024, LEAP PARTNERED WITH C2AE ENGINEERING TO COMPLETE THE GIS FORMAT AND PROVIDE THE ABILITY TO VIEW IT FROM ANY DESKTOP SETTING SO THAT THE MAP CAN BE PUBLISHED PUBLICLY. THIS ALLOWS DEVELOPERS, POTENTIAL END USERS, AND BROKERS TO IDENTITY FUTURE REAL ESTATE OPTIONS AND BETTER SELECT SITES THAT HAVE SUPPORTIVE ZONING AND PLANNING. THIS ALSO SUPPORTS THE WORKING TAKING PLACE VIA MSHDA'S STATEWIDE HOUSING PARTNERSHIPS, WHICH LEAP IS PART OF IN THE REGION.

  • DEPARTMENT OF EQUITABLE ECONOMIC PLANNING (DEEP) - DEEP'S STRATEGY TO ENHANCE EQUITABLE DEVELOPMENT IN THE LANSING REGION INVOLVES A THREE-PRONGED APPROACH OF INTERNAL POLICY REVIEW AND EVOLUTION, COMMUNITY PARTNERSHIPS AND PROGRAMS TO ENHANCE BUSINESS OWNERSHIP AND ECONOMIC PARTICIPATION AMONG ITS TARGET GROUPS. SOME OF THE HIGHLIGHTS/MAJOR ACCOMPLISHMENTS IN EACH AREA INCLUDE: 1) WE LAUNCHED OUR FOURTH COHORT FOR ELEVATE, A BUSINESS ACCELERATOR PROGRAM FOCUSED ON SUPPORTING BLACK BUSINESSES WITH A FOCUS ON REVENUE, PROFITABILITY AN PROMINENCE; WHICH HAD EIGHT PARTICIPANTS. 2) LAUNCHED ASCEND (HISPANIC AND LATINX BUSINESS ACCELERATOR) WHICH HAD SIX PARTICIPANTS IN THE INAUGURAL COHORT. 3) CONTINUED PARTNERSHIPS WITH THE LANSING REGIONAL CHAMBER OF COMMERCE TO PROMOTE THE IMPORTANCE OF DEI FOR SMALL BUSINESSES AND CORPORATIONS BY LAUNCHING THE DIVERSITY STAR AWARD, WITH CINNAIRE BEING THE 2024 RECIPIENT. 4) WE HAD TWO COHORTS OF OUR AWARD WINNING ENTREPRENEUR PROGRAM, ONE & ALL, WHICH FOCUSES ON PEOPLE BELOW THE ALICE THRESHOLD.

  • SMALL BUSINESS SUPPORT GRANT (SBSG) - WITH SUPPORT FROM SBSG WE LAUNCHED ASCEND (HISPANIC AND LATINX BUSINESS ACCELERATOR) WHICH HAD SIX PARTICIPANTS IN THE INAUGURAL COHORT.

  • INGHAM COUNTY AGREEMENT - THROUGH A CONTRACT WITH INGHAM COUNTY, LEAP PROVIDES ENHANCED ECONOMIC DEVELOPMENT SERVICES TO HELP OPTIMIZE AND ALIGN ECONOMIC DEVELOPMENT OPPORTUNITIES ACROSS THE REGION CREATING MORE JOBS AND ASSIST BUSINESS STARTUPS AND BUSINESS INVESTMENT. 2024 INVOLVED SUBSTANTIAL WORK WITH THE INGHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION (EDC) AND BROWNFIELD REDEVELOPMENT AUTHORITY (BRA), WITH A GROWING PROJECT PIPELINE. MICRO CONTRACTS THAT ARE PART OF THE CONTRACT SERVICES HAD VARIOUS PRIORITIES AND PROGRESS. FOR DANSVILLE DDA FOCUS WAS ON REPAIRS ON THEIR ROADS DOWNTOWN, PARKS AND TRAILS AND AN AUDIT WAS SUCCESSFULLY COMPLETED. ALSO TALKING ABOUT PARCEL OF LAND NEXT TO WATER TOWER, ADDING IT TO THEIR HOUSING DEVELOPMENT. VEVAY TWP'S PRIORITY HAS BEEN TO UPGRADE PARKS AND TRAILS. PHASE I ENVIRONMENTAL ASSESSMENT ON KEY PARCELS OF LAND FOR ECONOMIC DEVELOPMENT INTERESTS. COMPLETING INSTALLATION OF WALKWAY AROUND PARK, TALKING ABOUT DRAINAGE ISSUES. WEBBERVILLE DDA IS MOSTLY WAITING ON UPDATES REGARDING THE FORD BUILDING. REWORKING PARKING LOT IN DOWNTOWN AREA, DRAINAGE ISSUES. PREPARING TO CELEBRATE THE 150TH ANNIVERSARY IN 2025. CITY OF LESLIE HAS A PROJECT WITH TRAIL UPGRADES AND IS ALSO INTERESTE DIN IMPROVING THEIR BUDGET. A BUYER PURCHASED LAND IN THEIR INDUSTRIAL PARK RELATED TO A POWDER COATING COMPANY. CITY OF WILLIAMSTON IS ACTIVELY WORKING ON 2 MIXED-USED PROJECTS, DDA IS REACTIVATING AS WELL FOR NEW DEVELOPMENTS. ONGOING SUPPORT OF THE VILLAGE OF STOCKBRIDGE CONTINUED.

  • CLINTON COUNTY AGREEMENT - THROUGH A CONTRACT WITH CLINTON COUNTY, LEAP PROVIDES ENHANCED ECONOMIC DEVELOPMENT SERVICES TO HELP OPTIMIZE AND ALIGN ECONOMIC DEVELOPMENT OPPORTUNITIES ACROSS THE REGION CREATING MORE JOBS AND ASSIST BUSINESS STARTUPS AND BUSINESS INVESTMENT. A MAJOR ACCOMPLISHMENT OF THIS CONTRACT WAS APPLYING FOR AND LANDING A $1.0M FEDERAL GRANT FOR BINGHAM TOWNSHIP WATER EXPANSION TO ACTIVATE PROPERTY ALONG M-21 BETWEEN ST. JOHNS AND US-127, INCLUDING HOUSING, MIXED USE TRUCK STOP, MEIJER STORE, AND ECONOMIC DEVELOPMENT SITE(S). ACTIVE WORK TAKING PLACE WITH HERITAGE HOLLOW, A CHILD CARE FACILITY AND PARTNER. WORKING TO ESTABLISH A POTENTIAL SMALL-SCALE SPORTS FACILITY. ADDITIONAL WORK TAKES PLACE RELATED TO THE AIRPORT FOR POTENTIAL INVESTMENT OPPORTUNITIES. LEAP ALSO HELPED AT A RESOURCE FAIR TO SUPPORT SMALL BUSINESSES.

  • EARLY CHILDHOOD INVESTMENT CORPORATION GRANT - LEAP IS FOCUSED ON NOT JUST PHYSICAL INFRASTRUCTURE LIKE ROADS AND UTILITIES, BUT ALSO THE INFRASTRUCTURE OF PEOPLE, SUCH AS HOUSING, CHILDCARE, PUBLIC TRANSPORTATION, AND INCLUSIVE AND CONNECTED EDUCATIONAL AND CAREER PATHWAYS TO ENHANCE A DIVERSE AND SKILLED WORKFORCE. THIS PAST YEAR THE CAPITAL AREA CHILD CARE COALITION (CACCC) COMPLETED THE REGIONAL ACTION PLAN AND BEGAN IMPLEMENTATION. CACCC IS A GROUP OF COMMUNITY LEADERS IN EATON, CLINTON, AND INGHAM COUNTIES WHO WANT TO INCREASE THE SUPPLY OF HIGH-QUALITY CHILD CARE CO-LED BY LEAP, CAMW!, AND SOUTH CENTRAL UNITED WAY. OVER THE COURSE OF THE GRANT PROGRAM, THERE WERE 74 MEMBERS OF THE COALITION, 348+ COMMUNITY MEMBERS ENGAGED WITH VIA MEETINGS, SURVEYS, AND FOCUS GROUPS, AND OVER $340,000+ SECURED. THERE IS ALSO A BRAND NEW RESOURCE FOR THE REGION AND THAT IS A NEW NAVIGATIONAL WEBSITE FOR CHILD CARE PROVIDERS AND EMPLOYERS LOOKING TO LEARN MORE HOW THEY CAN SUPPORT THEIR STAFF. LEAP LED A BUSINESS SUMMIT ON THE TOPIC OF CHILDCARE THAT GARNERED 50+ ATTENDEES. THE CACCC HOSTED THE FIRST EVER EMPLOYER ROUNDTABLE WHICH BROUGHT TOGETHER 50 STAKEHOLDERS TO DISCUSS THE OPPORTUNITIES EMPLOYERS HAVE TO SUPPORT CHILD CARE.

  • SMALL BUSINESS & INNOVATION - IN 2024, THE SMALL BUSINESS AND INNOVATION DEPARTMENT ASSISTED IN THE CREATION OF 79 NEW COMPANIES. AS PART OF THIS ECONOMIC EXPANSION, THE CLIENTS OF THIS DEPARTMENT CREATED 483 FULL AND PART-TIME ROLES. THE FOLLOW-ON INVESTMENTS FOR ACTIVE CLIENTS, WHICH INCLUDE (PRIVATE, PUBLIC, SBIR, FCF, BANK/LOAN, OWNERS INVESTMENT ETC. WERE $27,094,117.28. THE LANSING REGIONAL SMARTZONE, WHICH IS PART OF THIS DEPARTMENT, COMPLETED A TOTAL OF 27 GRANTS TO TECH STARTUPS FOR A TOTAL OF 167,435.28 DEPLOYED.

  • SMALL BUSINESS SUPPORT HUB (SBSH) - IN 2024, THE SBI DEPARTMENT LAUNCHED THE TREK SMALL BUSINESS SUPPORT HUB, WHICH IS AN INITIATIVE FUNDED BY THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION THROUGH FUNDS FROM THE AMERICAN RESCUE PLAN FOCUSED ON SUPPORTING SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS WHO EXPERIENCE OUTSIZED IMPACT FORM THE COVID-19 PANDEMIC. THIS PROGRAM SERVED AND EDUCATED 380 COMPANIES. THESE BUSINESSES WENT ON TO CREATE 195 JOBS AND GENERATED $8,160,209 IN REVENUE. THROUGH THIS PROGRAM THE DEPARTMENT DEPLOYED 36 GRANTS TOTALLY 178,066 IN FUNDS DEPLOYED TO COMPANIES.

  • LANSING PROTO/PROTO ACCELERATOR - BECAME THE REGION'S FIRST PHYSICAL PRODUCT-FOCUSED EQUITY INVESTMENT FUND. LANSING PROTO DEVELOPED AN INSURETECH ACCELERATOR PROGRAM WITH KEY INDUSTRY FOCUSED ON INSURANCE TECHNOLOGY AND DIGITAL TRANSFORMATION OF THE INDUSTRY. SUCCESSFULLY RAISED THE NECESSARY CAPITAL TO SUPPORT THE PROGRAM FOR TWO YEARS AND SELECTED THREE GLOBAL COMPANIES TO MOVE HERE AND PARTICIPATE IN THE PROGRAM. THE COMPANIES WERE FROM ISRAEL, GREAT BRITAIN AND IRELAND. TWO OF THE THREE WERE AWARDED PROOF OF CONCEPT CONTRACTS FROM DELTA DENTAL AND FARM BUREAU. THIS RATE OF INITIAL SUCCESS FAR SURPASSES THE USUAL SUCCESS RATES OF INSURETECH PROGRAMS NATIONWIDE. IN 2021, WE WORKED CLOSELY WITH FARM BUREAU TO DEVISE INNOVATION STRATEGY/THESIS AND ATTRACT MULTIPLE POTENTIAL PILOTS. IN 2024 THE BOARD DECIDED TO WIND DOWN OPERATIONS AND LIQUIDATE ASSETS IN LINE WITH NEW STRATEGIC VISION.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lisa M Corless

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Don McNabb

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark McDaniel

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jeffrey Benson

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • James Jv Anderton

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • April Clobes

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Theresa Dubiel

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Tico Duckett

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Pat Gillespie

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Julie Mann

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kirk Ray

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Dr Steve Robinson

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carrie Rosingana

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Donald E Simon

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jo Sperry

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mark Alley

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Bagwell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jim Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ben Bakken

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christy Bigelow

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Greg Brogan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • George M Brookover

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mary Clark

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Colin Cronin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Curran

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marci Daniels

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kellie Dean

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Devooght

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Margaret Dimond

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Dunn

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Dzurka

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Evemarie Eyde

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jacob Farmer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Fletcher

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brent Forsberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brad Funkhouser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rick Galardi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tom Gallagher

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tammy Gilroy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mick S Grewal Sr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Grace Griffin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patricia Herring-Jackson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Holman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Staci Holmes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • William Hufnagel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Megan Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Jewell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katie John

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Goran Jurkovic

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bill Kimble

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pete Kramer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rachel Kutzsch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John L Hayhoe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sue Leeming

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Lewis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Van Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michelle Massey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pat McPharlin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeremiah Mostrom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Keith D Mulder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Blake Mulder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nicole Noll-Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Peffley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Julie Pingston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Polsdofer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kelly Preston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jody Promer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Benjamin J Bj Puchala

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Yvonne Ridge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Roznowski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Timothy Salisbury

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rod Sanders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andy Schor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert Schroder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Doug Searles

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Beth Shaw

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert Showers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kern Slucter

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kate Snyder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laurie Strauss Baumer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ben Tirrell

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jessica Tramontana

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kyle V Mazurek

    PARTIAL-YEAR BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Russell Whipple

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Zyble

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Erika Brown-Binion

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Chaz Carrillo

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Tim Daman

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Jack Devine

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Cindy Kangas

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Dr Alane Laws-Barker

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Meghan Martin

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Chris Sell

    AD-HOC

    Total calculated
    $0
    Hours/week
    1
  • Robert L Trezise Jr

    PRESIDENT & CEO

    Total calculated
    $450,650
    From this org
    $395,812
    From related orgs
    $0
    Other
    $54,838
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $395,812
    Bonus
    $0
    Other
    $0
    Deferred
    $19,749
    Nontaxable benefits
    $35,089
    Filer's total
    $450,650
  • Anthony T Klisch

    CFO

    Total calculated
    $132,156
    From this org
    $113,646
    From related orgs
    $0
    Other
    $18,510
    Hours/week
    40
  • Anthony A Willis

    CEDO

    Total calculated
    $165,493
    From this org
    $136,754
    From related orgs
    $0
    Other
    $28,739
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,754
    Bonus
    $0
    Other
    $0
    Deferred
    $6,732
    Nontaxable benefits
    $22,007
    Filer's total
    $165,493
  • Keith Lambert

    COO

    Total calculated
    $169,545
    From this org
    $148,088
    From related orgs
    $0
    Other
    $21,457
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,088
    Bonus
    $0
    Other
    $0
    Deferred
    $8,078
    Nontaxable benefits
    $13,379
    Filer's total
    $169,545

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • DELTA CHARTER TOWNSHIP

    $17,059,815

    MSF SSRP ULTIUM GRANT EXPENSE - MSF STRATEGIC FUND ULTIUM EXPENSE

  • MSF SSRP ULTIUM GRANT EXPENSE - MSF STRATEGIC FUND ULTIUM EXPENSE

  • CUSHMAN & WAKEFIELD US INC

    $190,000

    MEDC DELHI TWP SSRP GRANT EXPENSE - DELHI TWP SSRP GRANT EXPENSE SOFT

  • FOSTER SWIFT COLLINS & SMITH PC

    $188,620

    DELHI TWP SSRP GRANT EXPENSE SOFT / MEDC PROACTIVE SSRP PRIORITY / INGHAM COUNTY SUNRISE-WORKER OWNED PROGRAM / MEDC-SBSH / MEDC BUILD READY SITE GRANT 7 / BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES

  • PUBLIC SECTOR CONSULTANTS INC

    $187,929

    BUSINESS ATTRACTION - MEDC-CDC ATTRACTION MARKETING / ECIC CHILDCARD GRANT

  • THE FLEDGE

    $130,000

    INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL

  • BEST PRACTICES CONSULTING SERVICE LLC

    $111,613

    DEEP (DEPT EQUITABLE ECON DEV) - PNC BLACK ENTREP TA / TREK DEEP-TREK ASCEND / INGHAM COUNTY SUNRISE-ELEVATE GRANTS

  • MI-SBDC

    $109,995

    MEDC-SBSG-ONE & ALL (SBDC ADMIN) / SBSH ONE-ON-ONE TECHICAL ASST

  • TRITERRA

    $107,745

    MEDC PROACTIVE SSRP PRIORITY / MEDC BUILD READY SITE GRANT 7

  • DYMAXION DEVELOPMENT LLC

    $100,000

    MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP COMP

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • LEAP FOUNDATION INC

    501(C)(3) · ECONOMIC DEVELOPMENT · MI · controlled entity

    Directly controlled by LEAP INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • JA&O LLC

    MEDC GRANT PROGRAM · MI · income -$27,500 · assets $0

    Directly controlled by LANSING ECONOMIC AREA PARTNERSHIP

  • MN&V LLC

    MEDC GRANT PROGRAM · MI · income $0 · assets $0

    Directly controlled by LANSING ECONOMIC AREA PARTNERSHIP

  • PG&W LLC

    MEDC GRANT PROGRAM · MI · income -$2,808,500 · assets $0

    Directly controlled by LANSING ECONOMIC AREA PARTNERSHIP

  • PMSD LLC

    MEDC GRANT PROGRAM · MI · income $0 · assets $0

    Directly controlled by LANSING ECONOMIC AREA PARTNERSHIP

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • LANSING PROTO INC

    C · BUSINESS ACCELERATOR · MI · 100% owned · share of income -$6,887 · share of assets $144,193

    Directly controlled by LANSING ECONOMIC AREA PARTNERSHIP

Provenance

Return type
form_990
Tax year
2024
Filed
12 June 2025
IRS schema version
2024v5.1
Source object
202501679349300760

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