Form 990 for tax year 2024
Filed by LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $276,303
- Total expenses
- $260,634
- Contributions and grants received
- $94,915
- Grants paid
- $0
- Program service revenue
- $142,265
- Investment income
- $27,429
- Other revenue
- $11,694
- Total assets, end of year
- $1,025,323
- Total liabilities, end of year
- $51,148
- Net assets or fund balances, end of year
- $974,175
- Program services expenses (Part IX)
- $205,927
- Management and general expenses
- $54,707
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $205,927
Program services were 79.0% 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.
-
1e · Government grants (contributions)
$24,000
-
1f · All other contributions, gifts and grants
$70,915
-
2a · Program service revenue: CONTRACT SERVICE REVENUE
total $142,265 · related or exempt $142,265
-
3 · Investment income
total $34,246 · excluded $34,246
-
7b · Less cost or other basis and sales expenses
other assets $6,817
-
7c · Gain or loss
other assets -$6,817
-
7d · Net gain or loss
total -$6,817 · related or exempt -$6,817
-
11a · Other revenue: ERTC REFUND
total $11,694 · excluded $11,694
-
11e · Other revenue, total
$11,694
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $163,427 · program services $130,742 · management and general $32,685
-
8 · Pension plan contributions
total $12,554 · program services $10,043 · management and general $2,511
-
9 · Other employee benefits
total $12,195 · program services $9,756 · management and general $2,439
-
10 · Payroll taxes
total $12,502 · program services $10,002 · management and general $2,500
-
11b · Fees: legal
total $1,440 · program services $1,152 · management and general $288
-
11c · Fees: accounting
total $100 · management and general $100
-
11g · Fees: other
total $3,796 · program services $3,037 · management and general $759
-
12 · Advertising and promotion
total $11,178 · program services $8,942 · management and general $2,236
-
13 · Office expenses
total $7,084 · program services $5,667 · management and general $1,417
-
16 · Occupancy
total $15,923 · program services $12,738 · management and general $3,185
-
17 · Travel
total $5,272 · program services $4,218 · management and general $1,054
-
19 · Conferences, conventions and meetings
total $100 · program services $80 · management and general $20
-
20 · Interest
total $583 · program services $583
-
22 · Depreciation, depletion and amortization
total $272 · program services $272
-
23 · Insurance
total $3,339 · management and general $3,339
-
24a · Other expenses: STELLAR PATHWAYS
total $8,236 · program services $6,589 · management and general $1,647
-
24b · Other expenses: MEALS
total $2,633 · program services $2,106 · management and general $527
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,674 · end of year $33,513
-
2 · Savings and temporary cash investments
beginning of year $940,525 · end of year $971,725
-
9 · Prepaid expenses and deferred charges
end of year $20,085
-
10a · Land, buildings and equipment: cost or other basis
$15,360
-
10b · Land, buildings and equipment: accumulated depreciation
$15,360
-
10c · Land, buildings and equipment, net
beginning of year $7,090
-
17 · Accounts payable and accrued expenses
beginning of year $1,783 · end of year $1,148
-
25 · Other liabilities
end of year $50,000
-
27 · Net assets without donor restrictions
beginning of year $958,506 · end of year $974,175
Mission and programs · 2024
Mission
THE LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION IS THE SINGLE POINT OF CONTACT FOR ECONOMIC DEVELOPMENT EFFORTS IN LAGRANGE COUNTY, INDIANA. WE WORK WITH REGIONAL, STATE AND FEDERAL PARTNERS TO SUPPORT AND ENCOURGAGE OUR CLIENTS' BUSINESS DEVELOPMENT ENDEAVORS.
-
DEVELOPED BUSINESS AND OTHER CONTACTS RELATING TO ECONOMIC DEVELOPMENT OF LAGRANGE COUNTY, INDIANA
Expenses $205,927 · Revenue $142,263
-
THE PURPOSE IS TO HIRE THE EXECUTIVE DIRECTOR TO MANAGE THE PRIMARY PURPOSE AND THE EQUIPMENT TO BE ABLE TO EFFECTIVELY OPERATE THE PRIMARY PURPOSE.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stewart BenderSTEWART BENDER
MEMBER
- Total calculated
- $0
-
Dana BerkesDANA BERKES
SECRETARY
- Total calculated
- $0
-
Jordi DislerJORDI DISLER
DIRECTOR
- Total calculated
- $0
-
Dean DomerDEAN DOMER
MEMBER
- Total calculated
- $0
-
Mark EaglesonMARK EAGLESON
VICE CHAIRMA
- Total calculated
- $0
-
Fritz HelmuthFRITZ HELMUTH
DIRECTOR
- Total calculated
- $0
-
Howard HelmuthHOWARD HELMUTH
DIRECTOR
- Total calculated
- $0
-
Tj KempfTJ KEMPF
TREASURER
- Total calculated
- $0
-
John LarimerJOHN LARIMER
DIRECTOR
- Total calculated
- $0
-
Mark LeuMARK LEU
CHAIRMAN
- Total calculated
- $0
-
Terry MartinTERRY MARTIN
MEMBER
- Total calculated
- $0
-
Brian MillerBRIAN MILLER
DIRECTOR
- Total calculated
- $0
-
Randy MillerRANDY MILLER
DIRECTOR
- Total calculated
- $0
-
Delbert MillerDELBERT MILLER
MEMBER
- Total calculated
- $0
-
Robbie MillerROBBIE MILLER
MEMBER
- Total calculated
- $0
-
Mike PatkaMIKE PATKA
MEMBER
- Total calculated
- $0
-
Ryan RiegseckerRYAN RIEGSECKER
MEMBER
- Total calculated
- $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
- 29 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202511689349300016
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