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Lucas County Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421711239 ✦ Toledo, OH ✦ Designated as a 501(c)(3)

Overview

What is Lucas County Economic Development Corporation?

Lucas County Economic Development Corporation, serving as the designated community improvement organization for the Lucas County Commissioners, is committed to promoting, advancing, and encouraging the industrial, economic, commercial, and civic development of Lucas County. Based in Toledo, Ohio, this nonprofit organization works strategically to enhance employment opportunities and improve the industrial and commercial life of the community through targeted investments. Their mission is to foster growth and development in various sectors, contributing positively to the well-being of the community and its surrounding areas.


Official website here: www.workreadylucascounty.com

Is Lucas County Economic Development Corporation legitimate?

Lucas County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lucas County Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.workreadylucascounty.com

What is the mission statement of Lucas County Economic Development Corporation?

The Lucas County Economic Development Corporation was established with the purpose of fostering, enhancing, and encouraging the industrial, economic, commercial, and civic development in Lucas County and its surrounding areas. As the designated community improvement corporation for the Lucas County Commissioners, the organization works to promote the industrial, economic, commercial, and civic growth of Lucas County. They achieve this through strategic investments, which ultimately improve employment opportunities and advance the industrial and commercial life of the community.


Official website here: www.workreadylucascounty.com

Who is the CEO of Lucas County Economic Development Corporation?

Matt Heyrman is the Secretary of Lucas County Economic Development Corporation.


Official website here: www.workreadylucascounty.com

What is the revenue of Lucas County Economic Development Corporation?

Lucas County Economic Development Corporation's revenue in 2022 was $2,020,086.


Official website here: www.workreadylucascounty.com

Who are the executives of Lucas County Economic Development Corporation and what are their salaries?

Here are 10 key members and their salaries:

    Kimberly Cutcher (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Mahoney (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Gerken (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Skeldon Wozniak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Sobecki (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Byers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Casiere (President Until October 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Born (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Ford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.workreadylucascounty.com

    Where can I find the form 990 for Lucas County Economic Development Corporation?

    The Lucas County Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.workreadylucascounty.com

    Learn more at the official website: www.workreadylucascounty.com

    Mission Statement of Lucas County Economic Development Corporation

    The Lucas County Economic Development Corporation, in its mission, aims to promote, advance, and encourage the industrial, economic, commercial, and civic development of Lucas County and its surrounding area. Established with this purpose, the organization serves as a significant driving force in promoting the industrial, economic, commercial, and civic growth of the community. As the designated Community Improvement Corporation for the Lucas County Commissioners, the Lucas County Economic Development Corporation (LCEDC) works tirelessly to improve employment opportunities and advance the industrial and commercial life of the community through strategic investment. By doing so, the corporation contributes significantly to the overall development and progress of Lucas County.

    Impact

    This information is meant to be a general summary of Lucas County Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Lucas County Economic Development Corporation plays a crucial role in promoting and advancing the economic, industrial, commercial, and civic development of Lucas County. As the designated community improvement corporation for the Lucas County Commissioners, LCEDC strategically invests in the region to improve employment opportunities and enhance the overall industrial and commercial landscape of the community. Through its focused efforts, the organization has a significant impact on driving economic growth, attracting new businesses, and creating a more robust environment for business development in Toledo, Ohio, and the surrounding area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $995,845
  • Program Service Revenue: $105,775
  • Gross Receipts: $2,020,086

    • Assets and Liabilities:
  • Total Assets: $43,278,006
  • Total Liabilities: $40,484,478
  • Net Assets: $2,793,528
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SPONSORSHIP

    Revenue

    $160,113

    LOSS ON LLC INVESTMENT

    Revenue

    $-54,338

    Organization Details

    Founding Year

    1964

    Principal Officer

    Matt Heyrman

    Main Address

    ONE GOVERNMENT CENTER 800, TOLEDO, OH, 43604

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Lucas County Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.