Civic Intelligence

Lakeland Economic Development Council Inc

990 • Fiscal year 2017 • EIN 45-4919549

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 01, 2018

226 N Kentucky AveLakeland, FL 33801

(863) 687-3788

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.38x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.30x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

84th percentile

17%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

96th percentile

$428,138

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

39%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-6.7%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$997,946

Up $279,314 (+39%) from 2016

Net Assets

Up

$614,286

Up $214,247 (+54%) from 2016

Liabilities

Up

$383,660

Up $65,067 (+20%) from 2016

Revenue

Down

$1,260,396

Down $90,079 (-6.7%) from 2016

Expenses

Up

$1,046,149

Up $56,004 (+5.7%) from 2016

Net Income

Down

$214,247

Down $146,083 (-41%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2014: $435,279Liabilities 2014: $327,072Net Assets 2014: $108,2072014Assets 2015: $481,898Liabilities 2015: $442,189Net Assets 2015: $39,7092015Assets 2016: $718,632Liabilities 2016: $318,593Net Assets 2016: $400,0392016Assets 2017: $997,946Liabilities 2017: $383,660Net Assets 2017: $614,2862017Assets 2019: $1,110,497Liabilities 2019: $195,333Net Assets 2019: $915,1642019Assets 2020: $1,363,912Liabilities 2020: $264,294Net Assets 2020: $1,099,6182020Assets 2021: $1,566,246Liabilities 2021: $258,228Net Assets 2021: $1,308,0182021Assets 2024: $1,714,621Liabilities 2024: $238,667Net Assets 2024: $1,475,9542024

Highlighted filing

2017

Assets$997,946
Liabilities$383,660
Net Assets$614,286

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $764,239Expenses 2014: $804,270Net Income 2014: -$40,0312014Revenue 2015: $846,503Expenses 2015: $872,392Net Income 2015: -$25,8892015Revenue 2016: $1,350,475Expenses 2016: $990,145Net Income 2016: $360,3302016Revenue 2017: $1,260,396Expenses 2017: $1,046,149Net Income 2017: $214,2472017Revenue 2019: $1,275,637Expenses 2019: $1,019,934Net Income 2019: $255,7032019Revenue 2020: $1,270,496Expenses 2020: $1,086,042Net Income 2020: $184,4542020Revenue 2021: $1,257,011Expenses 2021: $1,048,612Net Income 2021: $208,3992021Revenue 2024: $1,417,868Expenses 2024: $1,239,541Net Income 2024: $178,3272024

Highlighted filing

2017

Revenue$1,260,396
Expenses$1,046,149
Net Income$214,247
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 1, 2018
Return Version
2017v2.3
Gross Receipts
$1,260,396
Mission and Program Overview

Mission

By attracting new companies as well as facilitating the expansion of existing companies in the lakeland, fl area. The goals of the organization are to retain and grow existing businesses; create jobs and investment; grow targeted industry sectors; high-skill/high-wage employment growth; support entrepreneurialism and new business creation; promote infrastructure and development, market lakeland, fl as a premier location for business and facilitate partnerships to enhance growth. The ledc's primary role is to help create jobs and capital investment by attracting new companies, as well as facilitating the expansion of existing companies in the lakeland, florida area. Day-to-day operations at the ledc are staffed by five full-time employees, and one to two paid interns at any given time. The ledc's board of directors are made of volunteer community leaders.

The lakeland economic development council's primary role is to help create jobs and capital investment through our economic development efforts in the lakeland, fl area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$307,482$493,232▲ $185,750
Investments in Publicly Traded Securities$357,259$458,413▲ $101,154
Land, Buildings, and Equipment, Net$22,960$25,803▲ $2,843
Accounts Receivable$27,666$20,498▼ $7,168
Prepaid Expenses and Deferred Charges$3,265--
Total Assets$718,632$997,946▲ $279,314
Liabilities
Deferred Revenue$202,987$196,737▼ $6,250
Other Liabilities$109,393$168,217▲ $58,824
Accounts Payable and Accrued Expenses$6,213$18,706▲ $12,493
Total Liabilities$318,593$383,660▲ $65,067
Net Assets / Fund Balance
Unrestricted Net Assets$400,039$614,286▲ $214,247
Total Net Assets Fund Balance$400,039$614,286▲ $214,247
Total Liabilities and Net Assets / Fund Balance$718,632$997,946▲ $279,314

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,803$87,972$113,775
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven J ScruggsPresidentFT$226,500$201,638$428,138

Board Members and Trustees

NameTitle
David Hallock JrChair
Brian PhilpotPast Chairma
Wesley BeckVice Chair
Jeff ChamberlainHigh Skill H
Todd BaylisSecretary
Cory PetcoffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,192,763
Program Service Revenue
$0
Investment Income
$67,633
Other Revenue
$0
All Other Contributions
$95,564
Change in Net Assets
$214,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$785,945
Other Expenses$260,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$501,135$125,284-$626,419
Other Employee Benefits$100,792$25,198-$125,990
Occupancy$30,944$7,736-$38,680
Payroll Taxes$26,829$6,707-$33,536
Advertising$29,855--$29,855
Office Expenses$19,758$4,939-$24,697
Travel$13,707$3,426-$17,133
Fees for Services Legal$7,188$1,797-$8,985
All Other Expenses$5,665$1,416-$7,081
Insurance$4,484$1,121-$5,605
Other Expenses$4,286$1,072-$5,358
Depreciation Depletion$2,286$524-$2,810
Total Functional Expenses$842,929$203,220$0$1,046,149
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Catapult Lakeland IncRelated PartyReimb. Salary Exp.No$95,564
Catapult Lakeland IncRelated PartyContribution to Org.No$45,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Liability$168,217
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews the form 990 before it is filed and designates one of its members to disuss any questions with the cpa who prepared the return.

Form 990, Page 6, Part VI, Line 12C

We monitor any interests with our board of directors and key employees that could result in a conflict. We have an executive board that monitors compensation with outside consultants, as well as reviewing and monitoring what other economic development councils compensate staff.

Form 990, Page 6, Part VI, Line 15A

An annual evaluation conducted by the ledc chairman and president that is reviewed by ledc executive board, led by david d. Hallock, ledc chairman at the november board meeting .

Form 990, Page 6, Part VI, Line 19

The organization makes it governing documents, conflict of interest policy and financial statements available to the public by having them available in the corporate office and by mail upon request.

Filing and Contact Details

Filer

Filer Name
Lakeland Economic Development
EIN
45-4919549
Address
226 N KENTUCKY AVE, LAKELAND, FL 33801

Signing Officer

Name
Steven J Scruggs
Title
President
Phone
8636873788
Signed
2018-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven J Scruggs
Formed
2012
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
140

Preparer

Firm
Wall Titus LLC
Address
212 E HIGHLAND DR STE 201, LAKELAND, FL 33813-1725
Preparer
Alicia C James CPA
Phone
8636830708
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The lakeland economic development council (ledc) is a private, non-profit organization with approximately 130+ member companies. The ledc's primary role is to help create jobs and capital investment by attracting new companies as well as facilitating the expansion of existing companies in the lakeland area.

Form 990

By attracting new companies as well as facilitating the expansion of existing companies in the lakeland, fl area. The goals of the organization are to retain and grow existing businesses; create jobs and investment; grow targeted industry sectors; high-skill/high-wage employment growth; support entrepreneurialism and new business creation; promote infrastructure and development, market lakeland, fl as a premier location for business and facilitate partnerships to enhance growth. The ledc's primary role is to help create jobs and capital investment by attracting new companies, as well as facilitating the expansion of existing companies in the lakeland, florida area. Day-to-day operations at the ledc are staffed by five full-time employees, and one to two paid interns at any given time. The ledc's board of directors are made of volunteer community leaders.

Form 990, Part III

The ledc monthly membership meetings - each month a meeting is held with members regarding new development activity to the lakeland, fl area. New companies give an update about their business and the number of jobs they are creating. On average, we have 2 to 3 industry announcements per month. In 2017, we continued to promote our member companies and how the outside world views the lakeland, fl area with our www.lakelandedc.com website. Ledc's website transformed the way we create jobs and recruit and retain talent. Our website has more valuable information about our members, more detailed and accurate, and up-to-date information about available buildings, site selection resources for companies, consultants, brokers and real estate developers.

Form 990, Page 2, Part III, Line 4D

OTHER ACCOMPLISHMENTS.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0IN 2017, OUR ECONOMIC DEVELOPMENT TEAM WORKED WITH 18 COMPANIES (12 NEW INDUSTRY AND 6 EXISTING INDUSTRY) THAT RESULTED IN 1,336,562 MILLION SQUARE FEET OF INDUSTRIAL (WAREHOUSE AND MANUFACTURING) AND OFFICE SPACE. THESE COMPANIES CREATED MORE THAN 753 NEW JOBS AND 122,877,500+ IN CAPITAL INVESTMENT IN THE LAKELAND, FL AREA. THE LAKELAND ECONOMIC DEVELOPMENT COUNCIL HAS KEPT TRACK OF ALL MAJOR ECONOMIC DEVELOPMENT PROJECTS THAT HAVE OCCURRED IN OUR MARKET SINCE 1989. FOR MORE INFORMATION, PLEASE SEE OUR WEBSITE AT: HTTP://WWW.LAKELANDEDC.COM/SITE-SELECTION/HISTORICAL- DEVELOPMENT-ACTIVITY-2/
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE LEDC CREATED A SEPARATELY FUNDED INITIATIVE IN 2003 TO FOCUS ON CREATING HIGH SKILL, HIGH WAGE JOBS TO IMPROVE LAKELAND'S QUALITY OF LIFE. THE HIGH SKILL INITIATIVE IS FOCUSED ON RECRUITING AND RETAINING COMPANIES AND TALENT THAT FOCUS ON ENABLING TECHNOLOGIES AND MANUFACTURE COMPLEX RESEARCH- ORIENTED PRODUCTS. THE HIGH-SKILL INITIATIVE WORKS TO ACCOMPLISH THESE GOALS THROUGH HIGHER EDUCATION AND ECONOMIC DEVELOPMENT PARTNERSHIPS, FACILITATING DEVELOPMENT OF HIGH-SKILL INFRASTRUCTURE (INCLUDING A RESEARCH UNIVERSITY), MARKETING, INCENTIVES, CITY VISITS, , INVENTORYING LAKELAND'S COOL ASSETS, & SUPPORTING LAKELAND'S ENTREPRENEURIAL HUB - CATAPULT.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE LEDC AND COMMUNITY PARTNERS MEET REGULARLY TO DISCUSS WHICH PROJECTS ARE DESIRABLE, FEASIBLE AND VIABLE FOR LAKELAND. THE LIST INCLUDES: 1) HOW MIGHT WE IDENTIFY LAKELAND AS A LIFESTYLE AND NOT A DESTINATION? 2) HOW MIGHT WE CONNECT TO THE UNDER-THE RADAR GROUPS IN LAKELAND? 3) HOW MIGHT WE CREATE A PLACE OR INVENTORY OF LAKELAND'S COOL ASSETS? 4) HOW MIGHT WE TRANSITION CITY HALL'S MINDSET FROM PROTECTOR TO FACILITATOR AND IDENTIFY LAKELAND'S SUCCESS GRID AND RUN EVERYTHING THROUGH IT?
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER ACCOMPLISHMENTS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01320519
IRS990/PYInvestmentIncomeAmt029956
IRS990/PYOtherExpensesAmt0313047
IRS990/PYRevenuesLessExpensesAmt0360330
IRS990/PYSalariesCompEmpBnftPaidAmt0677098
IRS990/PYTotalExpensesAmt0990145
IRS990/PYTotalRevenueAmt01350475
IRS990/ReconcilationRevenueExpnssAmt0214247
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025803
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt087972
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0113775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0168217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025803
IRS990ScheduleD/TotalLiabilityAmt0168217
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0226500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0120500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt039500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt017638
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVEN J SCRUGGS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0428138
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CATAPULT LAKELAND INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1CATAPULT LAKELAND INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATED PARTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1RELATED PARTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt045000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt195564
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRIBUTION TO ORG.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1REIMB. SALARY EXP.
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LAKELAND ECONOMIC DEVELOPMENT COUNCIL (LEDC) IS A PRIVATE, NON-PROFIT ORGANIZATION WITH APPROXIMATELY 130+ MEMBER COMPANIES. THE LEDC'S PRIMARY ROLE IS TO HELP CREATE JOBS AND CAPITAL INVESTMENT BY ATTRACTING NEW COMPANIES AS WELL AS FACILITATING THE EXPANSION OF EXISTING COMPANIES IN THE LAKELAND AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY ATTRACTING NEW COMPANIES AS WELL AS FACILITATING THE EXPANSION OF EXISTING COMPANIES IN THE LAKELAND, FL AREA. THE GOALS OF THE ORGANIZATION ARE TO RETAIN AND GROW EXISTING BUSINESSES; CREATE JOBS AND INVESTMENT; GROW TARGETED INDUSTRY SECTORS; HIGH-SKILL/HIGH-WAGE EMPLOYMENT GROWTH; SUPPORT ENTREPRENEURIALISM AND NEW BUSINESS CREATION; PROMOTE INFRASTRUCTURE AND DEVELOPMENT, MARKET LAKELAND, FL AS A PREMIER LOCATION FOR BUSINESS AND FACILITATE PARTNERSHIPS TO ENHANCE GROWTH. THE LEDC'S PRIMARY ROLE IS TO HELP CREATE JOBS AND CAPITAL INVESTMENT BY ATTRACTING NEW COMPANIES, AS WELL AS FACILITATING THE EXPANSION OF EXISTING COMPANIES IN THE LAKELAND, FLORIDA AREA. DAY-TO-DAY OPERATIONS AT THE LEDC ARE STAFFED BY FIVE FULL-TIME EMPLOYEES, AND ONE TO TWO PAID INTERNS AT ANY GIVEN TIME. THE LEDC'S BOARD OF DIRECTORS ARE MADE OF VOLUNTEER COMMUNITY LEADERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LEDC MONTHLY MEMBERSHIP MEETINGS - EACH MONTH A MEETING IS HELD WITH MEMBERS REGARDING NEW DEVELOPMENT ACTIVITY TO THE LAKELAND, FL AREA. NEW COMPANIES GIVE AN UPDATE ABOUT THEIR BUSINESS AND THE NUMBER OF JOBS THEY ARE CREATING. ON AVERAGE, WE HAVE 2 TO 3 INDUSTRY ANNOUNCEMENTS PER MONTH. IN 2017, WE CONTINUED TO PROMOTE OUR MEMBER COMPANIES AND HOW THE OUTSIDE WORLD VIEWS THE LAKELAND, FL AREA WITH OUR WWW.LAKELANDEDC.COM WEBSITE. LEDC'S WEBSITE TRANSFORMED THE WAY WE CREATE JOBS AND RECRUIT AND RETAIN TALENT. OUR WEBSITE HAS MORE VALUABLE INFORMATION ABOUT OUR MEMBERS, MORE DETAILED AND ACCURATE, AND UP-TO-DATE INFORMATION ABOUT AVAILABLE BUILDINGS, SITE SELECTION RESOURCES FOR COMPANIES, CONSULTANTS, BROKERS AND REAL ESTATE DEVELOPERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ACCOMPLISHMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED AND DESIGNATES ONE OF ITS MEMBERS TO DISUSS ANY QUESTIONS WITH THE CPA WHO PREPARED THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WE MONITOR ANY INTERESTS WITH OUR BOARD OF DIRECTORS AND KEY EMPLOYEES THAT COULD RESULT IN A CONFLICT. WE HAVE AN EXECUTIVE BOARD THAT MONITORS COMPENSATION WITH OUTSIDE CONSULTANTS, AS WELL AS REVIEWING AND MONITORING WHAT OTHER ECONOMIC DEVELOPMENT COUNCILS COMPENSATE STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AN ANNUAL EVALUATION CONDUCTED BY THE LEDC CHAIRMAN AND PRESIDENT THAT IS REVIEWED BY LEDC EXECUTIVE BOARD, LED BY DAVID D. HALLOCK, LEDC CHAIRMAN AT THE NOVEMBER BOARD MEETING .
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY HAVING THEM AVAILABLE IN THE CORPORATE OFFICE AND BY MAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CATAPULT LAKELAND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0800945525
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NFP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0226 N KENTUCKY AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAKELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL AMOUNT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CATAPULT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CATAPULT INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt095564
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine2Txt145000
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0718632
IRS990/TotalAssetsEOYAmt0997946
IRS990/TotalAssetsGrp/BOYAmt0718632
IRS990/TotalAssetsGrp/EOYAmt0997946
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt01192763
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0203220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0842929
IRS990/TotalFunctionalExpensesGrp/TotalAmt01046149
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0318593
IRS990/TotalLiabilitiesEOYAmt0383660
IRS990/TotalLiabilitiesGrp/BOYAmt0318593
IRS990/TotalLiabilitiesGrp/EOYAmt0383660
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0400039
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0614286
IRS990/TotalOtherCompensationAmt063500
IRS990/TotalReportableCompFromOrgAmt0364638
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt067633
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01260396
IRS990/TotalVolunteersCnt0140
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0718632
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0997946
IRS990/TravelGrp/ManagementAndGeneralAmt03426
IRS990/TravelGrp/ProgramServicesAmt013707
IRS990/TravelGrp/TotalAmt017133
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0400039
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0614286
IRS990/USAddress/AddressLine1Txt0226 NORTH KENTUCKY AVE
IRS990/USAddress/CityNm0LAKELAND
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033801
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LAKELANDEDC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN J SCRUGGS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08636873788
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKELAND ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0454919549
ReturnHeader/Filer/USAddress/AddressLine1Txt0226 N KENTUCKY AVE
ReturnHeader/Filer/USAddress/CityNm0LAKELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0950AEEF53F6A66961594C04B533EF68FAE8E7BD7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0950AEEF53F6A66961594C04B533EF68FAE8E7BD7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.76.232.210
ReturnHeader/FilingSecurityInformation/IPDt02018-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:09:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593613234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALL TITUS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0212 E HIGHLAND DR STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0338131725
ReturnHeader/PreparerPersonGrp/PhoneNum08636830708
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALICIA C JAMES CPA
ReturnHeader/ReturnTs02018-11-07T10:09:02-05:00

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