Civic Intelligence

Laurel Redevelopment Corporation

EIN 51-0344804 • 501(c)3 • Laurel, DE

Profile

Revitalizing downtown laurel, de

P O Box 333Laurel, DE 19956-0333

www.laurelredevelopment.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.46x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

38.09x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

9th percentile

-33%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Revenue Growth

3rd percentile

-65%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$5,395,274

Up $652,389 (+14%) from 2024

Liabilities

Up

$2,505,597

Up $676,058 (+37%) from 2024

Net Assets

Down

$2,889,677

Down $23,669 (-0.8%) from 2024

Operations
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$65,785

Down $34,361 (-34%) from 2024

Expenses

Up

$87,566

Up $4,099 (+4.9%) from 2024

Net Income

Down

-$21,781

Down $38,460 (-231%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2012: $3,749,011Liabilities 2012: $0Net Assets 2012: $3,749,0112012Assets 2013: $3,583,452Liabilities 2013: $1,000Net Assets 2013: $3,582,4522013Assets 2014: $3,594,758Liabilities 2014: $0Net Assets 2014: $3,594,7582014Assets 2015: $3,440,910Liabilities 2015: $2,984Net Assets 2015: $3,437,9262015Assets 2016: $3,308,386Liabilities 2016: $3,029Net Assets 2016: $3,305,3572016Assets 2017: $3,234,276Liabilities 2017: $4,562Net Assets 2017: $3,229,7142017Assets 2018: $3,164,699Liabilities 2018: $3,419Net Assets 2018: $3,161,2802018Assets 2019: $3,433,235Liabilities 2019: $63,764Net Assets 2019: $3,369,4712019Assets 2020: $3,423,073Liabilities 2020: $138,287Net Assets 2020: $3,284,7862020Assets 2021: $2,954,515Liabilities 2021: $19,028Net Assets 2021: $2,935,4872021Assets 2022: $3,812,772Liabilities 2022: $4,646Net Assets 2022: $3,808,1262022Assets 2023: $4,073,949Liabilities 2023: $20,927Net Assets 2023: $4,053,0222023Assets 2024: $4,742,885Liabilities 2024: $1,829,539Net Assets 2024: $2,913,3462024Assets 2025: $5,395,274Liabilities 2025: $2,505,597Net Assets 2025: $2,889,6772025

Highlighted filing

2025

Assets$5,395,274
Liabilities$2,505,597
Net Assets$2,889,677
Open 2025 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $238,890Expenses 2012: $270,086Net Income 2012: -$31,1962012Revenue 2013: $340,320Expenses 2013: $506,879Net Income 2013: -$166,5592013Revenue 2014: $458,381Expenses 2014: $446,075Net Income 2014: $12,3062014Revenue 2015: $246,393Expenses 2015: $403,225Net Income 2015: -$156,8322015Revenue 2016: $288,159Expenses 2016: $420,728Net Income 2016: -$132,5692016Revenue 2017: $286,167Expenses 2017: $361,810Net Income 2017: -$75,6432017Revenue 2018: $417,960Expenses 2018: $486,394Net Income 2018: -$68,4342018Revenue 2019: $477,224Expenses 2019: $267,095Net Income 2019: $210,1292019Revenue 2020: $36,699Expenses 2020: $121,384Net Income 2020: -$84,6852020Revenue 2021: -$229,086Expenses 2021: $120,213Net Income 2021: -$349,2992021Revenue 2022: $1,029,394Expenses 2022: $156,755Net Income 2022: $872,6392022Revenue 2023: $534,965Expenses 2023: $288,060Net Income 2023: $246,9052023Revenue 2024: $100,146Expenses 2024: $83,467Net Income 2024: $16,6792024Revenue 2025: $65,785Expenses 2025: $87,566Net Income 2025: -$21,7812025

Highlighted filing

2025

Revenue$65,785
Expenses$87,566
Net Income-$21,781
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,395,274
Liabilities
$2,505,597
Net assets
$2,889,677
Revenue
$65,785
Expenses
$87,566
Net income
-$21,781
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.40$2.51$2.89$0.07$0.09$0.02
2024Detailed filing. Detailed filing data is available for this year.$4.74$1.83$2.91$0.10$0.08$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.07$0.02$4.05$0.53$0.29$0.25
2022Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$1.03$0.16$0.87
2021Detailed filing. Detailed filing data is available for this year.$2.95$0.02$2.94$0.23$0.12$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.42$0.14$3.28$0.04$0.12$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.43$0.06$3.37$0.48$0.27$0.21
2018Summary only. Only limited summary data is available for this year.$3.16$0.00$3.16$0.42$0.49$0.07
2017Summary only. Only limited summary data is available for this year.$3.23$0.00$3.23$0.29$0.36$0.08
2016Summary only. Only limited summary data is available for this year.$3.31$0.00$3.31$0.29$0.42$0.13
2015Summary only. Only limited summary data is available for this year.$3.44$0.00$3.44$0.25$0.40$0.16
2014Summary only. Only limited summary data is available for this year.$3.59$0.00$3.59$0.46$0.45$0.01
2013Summary only. Only limited summary data is available for this year.$3.58$0.00$3.58$0.34$0.51$0.17
2012Summary only. Only limited summary data is available for this year.$3.75$0.00$3.75$0.24$0.27$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 31, 2025
Return Version
2024v5.0
Gross Receipts
$730,514
Mission and Program Overview

Mission

Revitalizing downtown laurel, de

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,913,346$2,889,677▼ $23,669
Land, Buildings, and Equipment, Net$1,192,598$1,105,569▼ $87,029
Other Notes and Loans Receivable, Net$763,363$722,310▼ $41,053
Savings and Temporary Cash Investments$1,305,822$412,339▼ $893,483
Cash and Non-Interest-Bearing Accounts$79,618$239,585▲ $159,967
Total Assets$4,742,885$5,395,274▲ $652,389
Other Assets Total$1,401,484$2,915,471▲ $1,513,987
Liabilities
Deferred Revenue$1,574,854$1,634,528▲ $59,674
Unsecured Notes Loans Payable$250,000$808,888▲ $558,888
Accounts Payable and Accrued Expenses$4,685$61,681▲ $56,996
Other Liabilities-$500-
Total Liabilities$1,829,539$2,505,597▲ $676,058
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,913,346$2,889,677▼ $23,669
Total Liabilities and Net Assets / Fund Balance$4,742,885$5,395,274▲ $652,389

Asset Categories

AssetBook ValueDepreciationBasis
Land$753,002-$753,002
Buildings$352,567$392,575$745,142
Equipment-$13,226$13,226
Other Assets Org$520--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Brian ShannonExecutive DiFT$75,000$75,000

Board Members and Trustees

NameTitle
Barry MorrisonPresident
Artez WestDirector
Bill McgowanDirector
Edward L FowlerDirector
Edward LewandowskiDirector
Matt ParkerDirector
Melinda TingleDirector
Robert WheatleyDirector
Ann LeeSecretary
H Donovan PhillipsVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$35,900
Program Service Revenue
$0
Investment Income
$21,370
Other Revenue
$8,515
All Other Contributions
$30,900
Change in Net Assets
$-21,781

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Other1$29,900
Total Noncash Contributions1$29,900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$86,600
Grants and Similar Amounts Paid$3,965
Professional Fundraising Fees$0
Total Fundraising Expense$0
Other Expenses$-2,999

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$75,000--$75,000
Occupancy$13,804--$13,804
Insurance$10,719--$10,719
Payroll Taxes$5,737--$5,737
Other Salaries and Wages$5,311--$5,311
Fees for Services Accounting$4,990--$4,990
Office Expenses$4,516--$4,516
Conferences and Meetings$4,313--$4,313
Grants to Domestic Orgs$3,965--$3,965
Other Expenses$2,097--$2,097
Depreciation Depletion$1,776--$1,776
Other Employee Benefits$552--$552
Advertising$395--$395
All Other Expenses$265--$265
Interest$38--$38
Fees for Services Other$-66,368--$-66,368
Total Functional Expenses$87,566$0$0$87,566
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
Yes
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 executive director reviews the 990 before authorizing the e-filing.”

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

“Compensation is subject to review and approval for the executive director/property manager. Only when an increase or change is deemed necessary, the board will review and discuss the compensation. The board will then vote on approval of the proposed changes, this is not done annually or on a regular basis, but only when needed.”

Form 990, Page 6, Part VI, Line 19

“Governing documents of this organization are made available to the public upon request. A written request must be submitted to the secretary who will then provide a copy of the requested documents to the requestor in a timely manner.”

Filing and Contact Details

Filer

Filer Name
Laurel Redevelopment Corporation
EIN
51-0344804
Phone
3028750601
Address
P O BOX 333, LAUREL, DE 19956-0333

Signing Officer

Name
Barry Morrison
Title
President
Phone
3028750601
Signed
2025-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Morrison
Formed
1992
Legal Domicile
De
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
9

Preparer

Firm
Lank Johnson & Tull Cpas
Address
521 N MARKET ST EXT, SEAFORD, DE 19973
Preparer
Richard L Tull CPA
Phone
3026299543
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01401484
IRS990/OtherAssetsTotalGrp/EOYAmt02915471
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0552
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0552
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/Desc1ROSEMONT OPERATIONS
IRS990/OtherExpensesGrp/Desc2TAXES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
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IRS990/OtherExpensesGrp/ProgramServicesAmt17056
IRS990/OtherExpensesGrp/ProgramServicesAmt26042
IRS990/OtherExpensesGrp/ProgramServicesAmt32097
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IRS990/OtherExpensesGrp/TotalAmt32097
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IRS990/OtherRevenueMiscGrp/Desc0CREDIT CARD REWARDS CASHED IN
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05311
IRS990/OtherSalariesAndWagesGrp/TotalAmt05311
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0763363
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0722310
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05737
IRS990/PayrollTaxesGrp/TotalAmt05737
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BARRY MORRISON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04596
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05300
IRS990/PYInvestmentIncomeAmt087477
IRS990/PYOtherExpensesAmt0-8117
IRS990/PYOtherRevenueAmt08073
IRS990/PYRevenuesLessExpensesAmt016679
IRS990/PYSalariesCompEmpBnftPaidAmt086284
IRS990/PYTotalExpensesAmt083467
IRS990/PYTotalRevenueAmt0100146
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-21781
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08125
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02913346
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02889677
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01305822
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0412339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0546077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0841165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01446238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt059261
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0168032
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0305817
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0178142
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0390
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0390
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82530
IRS990ScheduleA/PublicSupportTotal170Amt01446238
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0546077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0841165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01446238
IRS990ScheduleA/TotalSupportAmt01752445
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0352567
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0392575
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0745142
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013226
IRS990ScheduleD/LandGrp/BookValueAmt0753002
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0753002
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02906573
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18378
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2520
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ORGANIZATION EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01105569
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02915471
IRS990ScheduleD/TotalLiabilityAmt0500
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt01
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt029900
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE 990 BEFORE AUTHORIZING THE E-FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL FOR THE EXECUTIVE DIRECTOR/PROPERTY MANAGER. ONLY WHEN AN INCREASE OR CHANGE IS DEEMED NECESSARY, THE BOARD WILL REVIEW AND DISCUSS THE COMPENSATION. THE BOARD WILL THEN VOTE ON APPROVAL OF THE PROPOSED CHANGES, THIS IS NOT DONE ANNUALLY OR ON A REGULAR BASIS, BUT ONLY WHEN NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS OF THIS ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. A WRITTEN REQUEST MUST BE SUBMITTED TO THE SECRETARY WHO WILL THEN PROVIDE A COPY OF THE REQUESTED DOCUMENTS TO THE REQUESTOR IN A TIMELY MANNER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt05395274
IRS990/TotalAssetsGrp/BOYAmt04742885
IRS990/TotalAssetsGrp/EOYAmt05395274
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt035900
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087566
IRS990/TotalFunctionalExpensesGrp/TotalAmt087566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01829539
IRS990/TotalLiabilitiesEOYAmt02505597
IRS990/TotalLiabilitiesGrp/BOYAmt01829539
IRS990/TotalLiabilitiesGrp/EOYAmt02505597
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02913346
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02889677
IRS990/TotalProgramServiceExpensesAmt087566
IRS990/TotalReportableCompFromOrgAmt075000
IRS990/TotalRevenueGrp/ExclusionAmt046703
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-16818
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt065785
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04742885
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05395274
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0250000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0808888
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 333
IRS990/USAddress/CityNm0LAUREL
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019956
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.LAURELREDEVELOPMENT.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY MORRISON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03028750601
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREL REDEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0510344804

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