Form 990 for tax year 2024
Filed by ECONOMIC DEVELOPMENT CORPORATION OF LAWRENCE AND DOUGLAS COUNTY.
Totals
- Total revenue
- $521,988
- Total expenses
- $550,901
- Contributions and grants received
- $512,765
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $9,223
- Other revenue
- $0
- Total assets, end of year
- $1,137,091
- Total liabilities, end of year
- $900,039
- Net assets or fund balances, end of year
- $237,052
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1c · Fundraising events
$512,765
-
3 · Investment income
total $9,223 · excluded $9,223
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: contributions included on line 1c
$512,765
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $15,000
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,900
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,100
-
24a · Other expenses: CAPITAL CAMPAIGN
total $425,000
-
24b · Other expenses: PANASONIC POINT CONTRACTOR
total $98,865
-
24c · Other expenses: TRANSFER TO EHBP OWNER'S ASSOC
total $7,035
-
24d · Other expenses: LOAN REC - DEBT FORGIVENESS
total $1
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $370,347 · end of year $408,792
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $1,231,211 · end of year $728,299
-
4 · Accounts receivable
beginning of year $67,475 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $1 · end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $7,035 · end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
25 · Other liabilities
beginning of year $1,410,104 · end of year $900,039
-
27 · Net assets without donor restrictions
beginning of year $265,965 · end of year $237,052
Mission and programs · 2024
Mission
Economic prosperity through leadership, advocacy and investment in Douglas County.
-
To stimulate economic growth in the Douglas County, Kansas area.
As filed on the 2024 return.
Listed in Part VII
-
Bobbie FloryBOBBIE FLORY
CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
Warren WhiteWARREN WHITE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mark GonzalesMARK GONZALES
Treasurer
- Total calculated
- $0
- Hours/week
- 0.1
-
J StewartJ STEWART
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Derek BaileyDEREK BAILEY
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Dustin BakerDUSTIN BAKER
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Smitty BelcherSMITTY BELCHER
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Matt BiceMATT BICE
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Rob ChestnutROB CHESTNUT
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Joe FlanneryJOE FLANNERY
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Kirsten FloryKIRSTEN FLORY
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Michele HammannMICHELE HAMMANN
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Marilyn HeckMARILYN HECK
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Dave HillDAVE HILL
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Jason HooverJASON HOOVER
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Mike McGrewMIKE MCGREW
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Lon MeyerLON MEYER
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Sunee MickleSUNEE MICKLE
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Kevin O'MalleyKEVIN O'MALLEY
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Gary RexroadGARY REXROAD
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Cindy YulichCINDY YULICH
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Steve KellySTEVE KELLY
Secretary
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202630149349300508
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.