Lansing Economic Area Partnership

“The eleven (11) member executive committee is appointed on an annual basis and has the authority to act on behalf of the entity with all the powers of the board of directors between meetings of the board of directors. The 85 member board of directors approves the election of the slate of officers, the annual budget, the audited financial statements, form 990 and any bylaw changes.”

“The organization has members.”

“The eleven (11) member executive committee is appointed on an annual basis and has the authority to act on behalf of the entity with all the powers of the board of directors between meetings of the board of directors. The 85 member board of directors approves the election of the slate of officers, the annual budget, the audited financial statements, form 990 and any bylaw changes.”

“The 990 is reviewed by the executive committee and approved by the full board of directors prior to filing.”

“The board of directors, executive committee and leap staff must annually sign a statement concerning potential conflicts of interest. A review is conducted upon receipt of the conflict of interest forms. If any conflicts are noted, these are brought to the attention of the president/ceo.”

“The executive committee is responsible for evaluating and establishing the president & ceo's compensation. Compensation is compared with other similar organizations for benchmarking. This data, along with performance data is evaluated by the executive committee to determine compensation for the following fiscal year. The president & ceo is responsible for evaluating and establishing the other officers or key employee compensation. Compensation is compared with similar organizations & positions. This data, along with performance data is evaluated by the president & ceo.”

“The irs determination letter, form 1024, governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“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.”

“As of 12/31/2024 the ingham county sunrise grant has expired. In march of 2024 the eda medtech grant expired.”

“The process for selecting and overseeing the work of the independent auditor has not changed from prior years.”