Civic Intelligence

Lagrange County Economic Development Corporation

990 • Fiscal year 2023 • EIN 80-0309463

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 06, 2024

Organization ProfileWWW.LAGRANGECOUNTYEDC.COM

View Organization Page

304 N Townline Rd Rm/Ste 2Lagrange, IN 46761

(260) 499-4994

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

42nd percentile

0.01x

Higher debt load relative to revenue than 42% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

30th percentile

-5.8%

Higher net margin than 30% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-25%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$960,289

Down $16,660 (-1.7%) from 2022

Net Assets

Down

$958,506

Down $12,955 (-1.3%) from 2022

Liabilities

Down

$1,783

Down $3,705 (-68%) from 2022

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin30th percentile

Revenue

Down

$221,785

Down $74,235 (-25%) from 2022

Expenses

Down

$234,740

Down $138,350 (-37%) from 2022

Net Income

Up

-$12,955

Up $64,115 (+83%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $330,785Liabilities 2010: $883Net Assets 2010: $329,9022010Assets 2011: $284,761Liabilities 2011: $14,077Net Assets 2011: $270,6842011Assets 2012: $496,373Liabilities 2012: $1,067Net Assets 2012: $495,3062012Assets 2013: $400,922Liabilities 2013: $0Net Assets 2013: $400,9222013Assets 2014: $418,238Liabilities 2014: $3,302Net Assets 2014: $414,9362014Assets 2015: $1,269,724Liabilities 2015: $754Net Assets 2015: $1,268,9702015Assets 2016: $1,267,958Liabilities 2016: $2,055Net Assets 2016: $1,265,9032016Assets 2017: $1,138,048Liabilities 2017: $1,720Net Assets 2017: $1,136,3282017Assets 2018: $1,202,626Liabilities 2018: $3,657Net Assets 2018: $1,198,9692018Assets 2019: $1,189,149Liabilities 2019: $20,793Net Assets 2019: $1,168,3562019Assets 2020: $1,149,766Liabilities 2020: $9,802Net Assets 2020: $1,139,9642020Assets 2021: $1,049,299Liabilities 2021: $768Net Assets 2021: $1,048,5312021Assets 2022: $976,949Liabilities 2022: $5,488Net Assets 2022: $971,4612022Assets 2023: $960,289Liabilities 2023: $1,783Net Assets 2023: $958,5062023Assets 2024: $1,025,323Liabilities 2024: $51,148Net Assets 2024: $974,1752024

Highlighted filing

2023

Assets$960,289
Liabilities$1,783
Net Assets$958,506
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $139,4122010Expenses 2011: $258,2122011Revenue 2012: $462,998Expenses 2012: $238,596Net Income 2012: $224,4022012Revenue 2013: $238,655Expenses 2013: $332,819Net Income 2013: -$94,1642013Revenue 2014: $280,512Expenses 2014: $266,498Net Income 2014: $14,0142014Revenue 2015: $1,155,104Expenses 2015: $301,070Net Income 2015: $854,0342015Revenue 2016: $250,633Expenses 2016: $253,700Net Income 2016: -$3,0672016Revenue 2017: $255,445Expenses 2017: $385,020Net Income 2017: -$129,5752017Revenue 2018: $264,740Expenses 2018: $202,099Net Income 2018: $62,6412018Revenue 2019: $263,924Expenses 2019: $294,547Net Income 2019: -$30,6232019Revenue 2020: $264,182Expenses 2020: $292,574Net Income 2020: -$28,3922020Revenue 2021: $740,141Expenses 2021: $831,576Net Income 2021: -$91,4352021Revenue 2022: $296,020Expenses 2022: $373,090Net Income 2022: -$77,0702022Revenue 2023: $221,785Expenses 2023: $234,740Net Income 2023: -$12,9552023Revenue 2024: $276,303Expenses 2024: $260,634Net Income 2024: $15,6692024

Highlighted filing

2023

Revenue$221,785
Expenses$234,740
Net Income-$12,955
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 6, 2024
Return Version
2023v5.0
Gross Receipts
$221,785
Mission and Program Overview

Mission

The lagrange county economic development corporation is the single point of contact for economic development efforts in lagrange county, indiana. We work with regional, state and federal partners to support and encourgage our clients' business development endeavors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$930,899$940,525▲ $9,626
Cash and Non-Interest-Bearing Accounts$38,531$12,674▼ $25,857
Land, Buildings, and Equipment, Net$7,519$7,090▼ $429
Total Assets$976,949$960,289▼ $16,660
Liabilities
Accounts Payable and Accrued Expenses$5,488$1,783▼ $3,705
Total Liabilities$5,488$1,783▼ $3,705
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$971,461$958,506▼ $12,955
Total Net Assets Fund Balance$971,461$958,506▼ $12,955
Total Liabilities and Net Assets / Fund Balance$976,949$960,289▼ $16,660

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$7,090$22,413$29,503
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Mark LeuChairman
Mark EaglesonVice Chairma
Brian MillerDirector
Fritz HelmuthDirector
Howard HelmuthDirector
John LarimerDirector
Jordi DislerDirector
Randy MillerDirector
Dean DomerMember
Delbert MillerMember
Mike PatkaMember
Robbie MillerMember
Ryan RiegseckerMember
Stewart BenderMember
Terry MartinMember
Dana BerkesSecretary
Tj KempfTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$65,517
Program Service Revenue
$141,263
Investment Income
$15,005
Other Revenue
$0
All Other Contributions
$65,517
Change in Net Assets
$-12,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$187,864
Other Expenses$46,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$121,460$30,365-$151,825
Other Employee Benefits$9,823$2,455-$12,278
Pension Plan Contributions$9,717$2,429-$12,146
Payroll Taxes$9,292$2,323-$11,615
Office Expenses$8,101$2,026-$10,127
Fees for Services Other$8,616$982-$9,598
Occupancy$7,463$1,865-$9,328
Advertising$3,791$948-$4,739
Travel$3,194$798-$3,992
Insurance-$3,311-$3,311
Fees for Services Accounting-$2,205-$2,205
Other Expenses$1,522$380-$1,902
Conferences and Meetings$959$240-$1,199
Depreciation Depletion$430--$430
Fees for Services Legal$36$9-$45
Total Functional Expenses$184,404$50,336$0$234,740
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“Form 990 is reviewed by the executive director and treasurer and officers of the board prior to submission.”

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

“Members of the board require employees and members of the board to disclose conflicts of interest annually. Members of the board are also required to disclose any potential conflict of interest with the organization immeidately to the executive director.”

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

“All compensation adjustment is voted by the board of directors. The person considered of such increases or other personnel issues are not allowed to vote and generally are not included in the direct discussion of the issues at hand. Compensation is discussed by officers of the board of directors prior to approval by the board. Discussions include performance, rate of salary comparable to other directors of similar organizations in the surrounding area.”

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

“All compensation adjustment is voted by the board of directors. The person considered of such increases or other personnel issues are not allowed to vote and generally are not included in the direct discussion of the issues at hand.”

Form 990, Page 6, Part VI, Line 19

“The public may request any copies of form 990 and they will be supplied by request only.”

Filing and Contact Details

Filer

Filer Name
Lagrange County Economic
EIN
80-0309463
Phone
2604994994
Address
304 N TOWNLINE RD RM/STE 2, LAGRANGE, IN 46761

Signing Officer

Name
Mark Eagleson
Title
Vice Chairman
Phone
2604994994
Signed
2024-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Eagleson
Formed
2009
Legal Domicile
In
Voting Board Members
17
Independent Board Members
17
Employees
2

Preparer

Firm
Fry Trowbridge & Associates Pc
Address
800 SOUTH DETROIT STREET, LAGRANGE, IN 46761
Preparer
Randy D Fry CPA Cva Cgma
Phone
2604632390
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The lagrange county economic development corporation is the single point of contact for economic development efforts in lagrange county, indiana. We work with regional, state and federal partners to support and encourgage our clients' business development endeavors.”

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

“The purpose is to hire the executive director to manage the primary purpose and the equipment to be able to effectively operate the primary purpose.”

Raw XML AppendixShowing 400 of 418 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05488
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01783
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION IS THE SINGLE POINT OF CONTACT FOR ECONOMIC DEVELOPMENT EFFORTS IN LAGRANGE COUNTY, INDIANA. WE WORK WITH REGIONAL, STATE AND FEDERAL PARTNERS TO SUPPORT AND ENCOURGAGE OUR CLIENTS' BUSINESS DEVELOPMENT ENDEAVORS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0948
IRS990/AdvertisingGrp/ProgramServicesAmt03791
IRS990/AdvertisingGrp/TotalAmt04739
IRS990/AllOtherContributionsAmt065517
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHERRI JOHNSTON
IRS990/BooksInCareOfDetail/PhoneNum02604994992
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0304 N TOWNLINE RD SUITE 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAGRANGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046761
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt038531
IRS990/CashNonInterestBearingGrp/EOYAmt012674
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0240
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0959
IRS990/ConferencesMeetingsGrp/TotalAmt01199
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt065517
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt015005
IRS990/CYOtherExpensesAmt046876
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0141263
IRS990/CYRevenuesLessExpensesAmt0-12955
IRS990/CYSalariesCompEmpBnftPaidAmt0187864
IRS990/CYTotalExpensesAmt0234740
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0221785
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0430
IRS990/DepreciationDepletionGrp/TotalAmt0430
IRS990/Desc0DEVELOPED BUSINESS AND OTHER CONTACTS RELATING TO ECONOMIC DEVELOPMENT OF LAGRANGE COUNTY, INDIANA
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0184404
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02205
IRS990/FeesForServicesAccountingGrp/TotalAmt02205
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt036
IRS990/FeesForServicesLegalGrp/TotalAmt045
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0982
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08616
IRS990/FeesForServicesOtherGrp/TotalAmt09598
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0STEWART BENDER
IRS990/Form990PartVIISectionAGrp/PersonNm1DANA BERKES
IRS990/Form990PartVIISectionAGrp/PersonNm2JORDI DISLER
IRS990/Form990PartVIISectionAGrp/PersonNm3DEAN DOMER
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK EAGLESON
IRS990/Form990PartVIISectionAGrp/PersonNm5FRITZ HELMUTH
IRS990/Form990PartVIISectionAGrp/PersonNm6HOWARD HELMUTH
IRS990/Form990PartVIISectionAGrp/PersonNm7TJ KEMPF
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN LARIMER
IRS990/Form990PartVIISectionAGrp/PersonNm9MARK LEU
IRS990/Form990PartVIISectionAGrp/PersonNm10TERRY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm11BRIAN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm12RANDY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm13DELBERT MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBBIE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm15MIKE PATKA
IRS990/Form990PartVIISectionAGrp/PersonNm16RYAN RIEGSECKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0221785
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03311
IRS990/InsuranceGrp/TotalAmt03311
IRS990/InvestmentIncomeGrp/ExclusionAmt015005
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015005
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022413
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07519
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07090
IRS990/LandBldgEquipCostOrOtherBssAmt029503
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION IS THE SINGLE POINT OF CONTACT FOR ECONOMIC DEVELOPMENT EFFORTS IN LAGRANGE COUNTY, INDIANA. WE WORK WITH REGIONAL, STATE AND FEDERAL PARTNERS TO SUPPORT AND ENCOURGAGE OUR CLIENTS' BUSINESS DEVELOPMENT ENDEAVORS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0971461
IRS990/NetAssetsOrFundBalancesEOYAmt0958506
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0971461
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0958506
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01865
IRS990/OccupancyGrp/ProgramServicesAmt07463
IRS990/OccupancyGrp/TotalAmt09328
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02026
IRS990/OfficeExpensesGrp/ProgramServicesAmt08101
IRS990/OfficeExpensesGrp/TotalAmt010127
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02455
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09823
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012278
IRS990/OtherExpensesGrp/Desc0MEALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0380
IRS990/OtherExpensesGrp/ProgramServicesAmt01522
IRS990/OtherExpensesGrp/TotalAmt01902
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030365
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0121460
IRS990/OtherSalariesAndWagesGrp/TotalAmt0151825
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02323
IRS990/PayrollTaxesGrp/ProgramServicesAmt09292
IRS990/PayrollTaxesGrp/TotalAmt011615
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02429
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09717
IRS990/PensionPlanContributionsGrp/TotalAmt012146
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARK EAGLESON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0141263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0141263
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE PURPOSE IS TO HIRE THE EXECUTIVE DIRECTOR TO MANAGE THE PRIMARY PURPOSE AND THE EQUIPMENT TO BE ABLE TO EFFECTIVELY OPERATE THE PRIMARY PURPOSE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0149737
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt030000
IRS990/PYInvestmentIncomeAmt05022
IRS990/PYOtherExpensesAmt0129091
IRS990/PYProgramServiceRevenueAmt0141261
IRS990/PYRevenuesLessExpensesAmt0-77070
IRS990/PYSalariesCompEmpBnftPaidAmt0213999
IRS990/PYTotalExpensesAmt0373090
IRS990/PYTotalRevenueAmt0296020
IRS990/ReconcilationRevenueExpnssAmt0-12955
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0141263
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0930899
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0940525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt065517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0149737
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0336219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt096834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0725340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015005
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024827
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt055884
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01004828
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92850
IRS990ScheduleA/PublicSupportPY170Pct00.89380
IRS990ScheduleA/PublicSupportTotal170Amt0725340
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt065517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0149737
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0336219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077033
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt096834
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0725340
IRS990ScheduleA/TotalSupportAmt0781224
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/LeaseholdImprovementsGrp/BookValueAmt07090
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022413
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt029503
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07090
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION IS THE SINGLE POINT OF CONTACT FOR ECONOMIC DEVELOPMENT EFFORTS IN LAGRANGE COUNTY, INDIANA. WE WORK WITH REGIONAL, STATE AND FEDERAL PARTNERS TO SUPPORT AND ENCOURGAGE OUR CLIENTS' BUSINESS DEVELOPMENT ENDEAVORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE IS TO HIRE THE EXECUTIVE DIRECTOR TO MANAGE THE PRIMARY PURPOSE AND THE EQUIPMENT TO BE ABLE TO EFFECTIVELY OPERATE THE PRIMARY PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER AND OFFICERS OF THE BOARD PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OF THE BOARD REQUIRE EMPLOYEES AND MEMBERS OF THE BOARD TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY. MEMBERS OF THE BOARD ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST WITH THE ORGANIZATION IMMEIDATELY TO THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL COMPENSATION ADJUSTMENT IS VOTED BY THE BOARD OF DIRECTORS. THE PERSON CONSIDERED OF SUCH INCREASES OR OTHER PERSONNEL ISSUES ARE NOT ALLOWED TO VOTE AND GENERALLY ARE NOT INCLUDED IN THE DIRECT DISCUSSION OF THE ISSUES AT HAND. COMPENSATION IS DISCUSSED BY OFFICERS OF THE BOARD OF DIRECTORS PRIOR TO APPROVAL BY THE BOARD. DISCUSSIONS INCLUDE PERFORMANCE, RATE OF SALARY COMPARABLE TO OTHER DIRECTORS OF SIMILAR ORGANIZATIONS IN THE SURROUNDING AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION ADJUSTMENT IS VOTED BY THE BOARD OF DIRECTORS. THE PERSON CONSIDERED OF SUCH INCREASES OR OTHER PERSONNEL ISSUES ARE NOT ALLOWED TO VOTE AND GENERALLY ARE NOT INCLUDED IN THE DIRECT DISCUSSION OF THE ISSUES AT HAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PUBLIC MAY REQUEST ANY COPIES OF FORM 990 AND THEY WILL BE SUPPLIED BY REQUEST ONLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0976949
IRS990/TotalAssetsEOYAmt0960289
IRS990/TotalAssetsGrp/BOYAmt0976949
IRS990/TotalAssetsGrp/EOYAmt0960289
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt065517
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050336
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0184404
IRS990/TotalFunctionalExpensesGrp/TotalAmt0234740
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05488
IRS990/TotalLiabilitiesEOYAmt01783
IRS990/TotalLiabilitiesGrp/BOYAmt05488
IRS990/TotalLiabilitiesGrp/EOYAmt01783
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0971461
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0958506
IRS990/TotalProgramServiceExpensesAmt0184404
IRS990/TotalProgramServiceRevenueAmt0141263
IRS990/TotalRevenueGrp/ExclusionAmt015005
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0141263
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221785
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0976949
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0960289
IRS990/TravelGrp/ManagementAndGeneralAmt0798
IRS990/TravelGrp/ProgramServicesAmt03194
IRS990/TravelGrp/TotalAmt03992
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01201 N TOWNLINE RD
IRS990/USAddress/CityNm0LAGRANGE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046761
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.LAGRANGECOUNTYEDC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK EAGLESON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02604994994
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAGRANGE COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAGR
ReturnHeader/Filer/EIN0800309463
ReturnHeader/Filer/PhoneNum02604994994
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 N TOWNLINE RD RM/STE 2

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$960,289
Liabilities
$1,783
Net assets
$958,506
Revenue
$221,785
Expenses
$234,740
Net income
-$12,955
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.05$0.97$0.28$0.26$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.22$0.23$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.01$0.97$0.30$0.37$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.74$0.83$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$0.26$0.29$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.02$1.17$0.26$0.29$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.26$0.20$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.26$0.39$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.25$0.25$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$1.16$0.30$0.85
2014Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.41$0.28$0.27$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.24$0.33$0.09
2012Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.46$0.24$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.27$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.14