Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
990 • Fiscal year 2022 • EIN 42-1711239
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
54th percentile
Higher net margin than 54% of similar nonprofits.
Top Officer Pay
9th percentile
Higher top officer pay than 9% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Up$43,278,006
Up $4,388,558 (+11%) from 2021
Net Assets
Up$2,793,528
Up $165,514 (+6.3%) from 2021
Liabilities
Up$40,484,478
Up $4,223,044 (+12%) from 2021
Revenue
Up$2,020,086
Up $1,062,383 (+111%) from 2021
Expenses
Up$1,854,572
Up $852,888 (+85%) from 2021
Net Income
Up$165,514
Up $209,495 (+476%) from 2021
The organization is dedicated to developing the economic potential of the toledo region by providing the best resources, planning, and expertise to industry and government.
To promote, advance and encourage the economic, industrial, commercial and civic development.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $38,682,223 | $42,336,584 | ▲ $3,654,361 |
| Accounts Receivable | $75,619 | $596,613 | ▲ $520,994 |
| Cash and Non-Interest-Bearing Accounts | $103,577 | $281,537 | ▲ $177,960 |
| Prepaid Expenses and Deferred Charges | $28,029 | $63,272 | ▲ $35,243 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $38,889,448 | $43,278,006 | ▲ $4,388,558 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $36,157,702 | $39,866,401 | ▲ $3,708,699 |
| Accounts Payable and Accrued Expenses | $103,732 | $541,577 | ▲ $437,845 |
| Deferred Revenue | - | $76,500 | - |
| Total Liabilities | $36,261,434 | $40,484,478 | ▲ $4,223,044 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,628,014 | $2,793,528 | ▲ $165,514 |
| Total Net Assets Fund Balance | $2,628,014 | $2,793,528 | ▲ $165,514 |
| Total Liabilities and Net Assets / Fund Balance | $38,889,448 | $43,278,006 | ▲ $4,388,558 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $34,518 | $34,518 |
| Investment Program Related Org | $2,411,401 | - | - |
| Name | Title |
|---|---|
| Neal Mahoney | Chairman |
| Doug Born | President |
| Megan Casiere | President Until October 2022 |
| Gary Byers | Board Member |
| Lisa Sobecki | Board Member |
| Peter Gerken | Board Member |
| Teresa Moore | Board Member |
| Tina Skeldon Wozniak | Board Member |
| Kimberly Cutcher | Secretary |
| Jessica Ford | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Thread Marketing | Marketing | 4635 W ALEXIS RD, Toledo, OH 43623 | $396,829 |
| Pizzuti Solutions LLC | Development | 629 N HIGH, Columbus, OH 43215 | $217,743 |
| Shumaker Loop And Kendrick LLP | Legal | 1000 JACKSON ST, Toledo, OH 43604 | $193,896 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,854,572 |
| Total Fundraising Expense | $12,835 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $995,845 | - | - | $995,845 |
| Fees for Services Other | $317,428 | - | - | $317,428 |
| Fees for Services Legal | $167,000 | $29,910 | - | $196,910 |
| Fees for Services Accounting | - | $98,576 | - | $98,576 |
| Insurance | - | $32,704 | $12,835 | $45,539 |
| Advertising | $39,679 | - | - | $39,679 |
| Occupancy | $3,697 | - | - | $3,697 |
| Other Expenses | $3,550 | $31,421 | - | $3,550 |
| Office Expenses | - | $1,686 | - | $1,686 |
| All Other Expenses | - | $859 | - | $859 |
| Total Functional Expenses | $1,646,581 | $195,156 | $12,835 | $1,854,572 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“There is no committee to act on behalf of the governing body.”
“The form 990 will be reviewed by the president or treasurer before filing and will be provided to the members at the board meeting for approval.”
“Form 990 will be available through guidestar website at www.guidestar.org, and available upon request.”
“The organization's dovuments are available to the public upon request.”
“Miscellaneous: program service expenses 3,977. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,977. Security: program service expenses 2,655. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,655. Thread event planning & management: program service expenses 310,796. Management and general expenses 0. Fundraising expenses 0. Total expenses 310,796.”
“The corporation has evaluated the guidelines related to uncertain tax positions and has concluded that the corporation has no significant financial statement exposure to uncertain tax positions at december 31, 2022 and 2021. The corporation's federal income tax returns for the years subsequent to 2017 remain subject to examination by the internal revenue service.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 103732 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 541577 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 75619 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 596613 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE, ADVANCE AND ENCOURAGE THE ECONOMIC, INDUSTRIAL, COMMERCIAL AND CIVIC DEVELOPMENT. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 39679 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 39679 |
| IRS990/AllOtherContributionsAmt | 0 | 546200 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 859 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 859 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MATT HEYRMAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4192134545 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | ONE GOVERNMENT CENTER STE 800 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TOLEDO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 43604 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 103577 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 281537 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 396829 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 217743 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 193896 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 4635 W ALEXIS RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 629 N HIGH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 1000 JACKSON ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | TOLEDO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | COLUMBUS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | TOLEDO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | OH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | OH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 43623 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 43215 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 43604 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | THREAD MARKETING |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | PIZZUTI SOLUTIONS LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | SHUMAKER LOOP AND KENDRICK LLP |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MARKETING |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | LEGAL |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 918466 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 995845 |
| IRS990/CYOtherExpensesAmt | 0 | 1854572 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 105775 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 165514 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1854572 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 12835 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2020086 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 76500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | AS THE DESIGNATED COMMUNITY IMPROVEMENT CORPORATION FOR THE LUCAS COUNTY COMMISSIONERS, THE LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION (LCEDC) WORKS TO PROMTE THE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF LUCAS COUNTY. THROUGH STRATEGIC INVESTMENT, THE LCEDC IMPROVES EMPLOYMENT OPPORTUNITIES AND ADVANCES THE INDUSTRIAL AND COMMERCIAL LIFE OF THE COMMUNITY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1172624 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 98576 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 98576 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 29910 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 167000 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 196910 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 317428 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 317428 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KIMBERLY CUTCHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | NEAL MAHONEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PETER GERKEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TINA SKELDON WOZNIAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TERESA MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LISA SOBECKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GARY BYERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MEGAN CASIERE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DOUG BORN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JESSICA FORD |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PRESIDENT UNTIL OCTOBER 2022 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1964 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 372266 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2020086 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 12835 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 32704 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 45539 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 995845 |
| IRS990/InterestGrp/TotalAmt | 0 | 995845 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 995845 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 995845 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 38682223 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 42336584 |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 34518 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 34518 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING, ADVANCING, AND ENCOURAGING THE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF LUCAS COUNTY AND THE SURROUNDING AREA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 36157702 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 39866401 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2628014 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2793528 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2628014 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2793528 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 3697 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 3697 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1686 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1686 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | VOLUNTEER EXP |
| IRS990/OtherExpensesGrp/Desc | 2 | ENTERTAINMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 31421 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 119382 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 3550 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 119382 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 31421 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3550 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 28029 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 63272 |
| IRS990/PrincipalOfficerNm | 0 | MATT HEYRMAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM SPONSORSHIP |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LOSS ON LLC INVESTMENT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 160113 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | -54338 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 160113 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | -54338 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TOLEDO JEEPFEST CONDUCTED A COMMUNITY EVENT TO PROMOTE DECADES OF JEEP'S PARTNERSHIP WITH THE CITY OF TOLEDO. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 473957 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 160113 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 579175 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 161797 |
| IRS990/PYOtherExpensesAmt | 0 | 1001684 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 216731 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -43981 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1001684 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 957703 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 165514 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 941507 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME - 2018 AMOUNT: $ -303. 2019 AMOUNT: $ 24,809. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 918466 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 604175 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 524189 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3185164 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5631994 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 995845 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 161797 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 22140 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1179782 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 376844 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24809 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | -303 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 24506 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.82380 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.95990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 5631994 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 918466 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 604175 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 524189 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3185164 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 400000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 5631994 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6836282 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 34518 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 34518 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 450 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 2469733 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 37455000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 2411401 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | INVESTMENT PROPERTY HELD FOR SALE |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | INVESMTMENT IN LCEDC BUILDS, LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | INVESTMENT IN TOLEDO PI ACQUISITIONS, LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | PROPERTY HELD FOR TRANSFER TO LUCAS COUNTY |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE CORPORATION HAS EVALUATED THE GUIDELINES RELATED TO UNCERTAIN TAX POSITIONS AND HAS CONCLUDED THAT THE CORPORATION HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2022 AND 2021. THE CORPORATION'S FEDERAL INCOME TAX RETURNS FOR THE YEARS SUBSEQUENT TO 2017 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 42336584 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THERE IS NO COMMITTEE TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FORM 990 WILL BE REVIEWED BY THE PRESIDENT OR TREASURER BEFORE FILING AND WILL BE PROVIDED TO THE MEMBERS AT THE BOARD MEETING FOR APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 WILL BE AVAILABLE THROUGH GUIDESTAR WEBSITE AT WWW.GUIDESTAR.ORG, AND AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S DOVUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | MISCELLANEOUS: PROGRAM SERVICE EXPENSES 3,977. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,977. SECURITY: PROGRAM SERVICE EXPENSES 2,655. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,655. THREAD EVENT PLANNING & MANAGEMENT: PROGRAM SERVICE EXPENSES 310,796. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 310,796. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 1 | LCEDC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 2 | LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | LCEDC BUILDS LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | TOLEDO JEEP FEST LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 2 | HENSVILLE MASTER TENANT INVESTOR LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 0 | 813395545 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 1 | 421711239 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 2469733 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 1 | 356815 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 2 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 1 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 2 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | FINANCING FOR COMPANIES AND REAL ESTATE DEVELOPMENT PROJECTS |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 1 | CELEBRATES DECADES OF JEEP'S PARTNERSHIP WITH THE CITY OF TOLEDO |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 2 | FACILITATE LUCAS COUNTY DEVELOPMENT |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 0 | -54338 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 1 | 706313 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 2 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | ONE GOVERNMENT CENTER SUITE 800 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 1 | ONE GOVERNMENT CENTER SUITE 800 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 2 | 406 WASHINGTON STREET |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | TOLEDO |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 1 | TOLEDO |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 2 | TOLEDO |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 1 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 2 | OH |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 43604 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 1 | 43604 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 2 | 43604 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | LUCAS COUNTY ECONOMIC DEVELOPMENT |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.