NonprofitsLake Economic Area Development Corporation

Community Improvement & Capacity Building

Lake Economic Area Development Corporation

LEESBURG, FL

Total revenue

$715K

Total expenses

$635K

Net assets

$395K

Grants received

$55K

2 grants

EIN

881275204

Tax year

2023

Mission

The Lake Economic Area Development (LEAD) Partnership is a public/ private organization created and designed to lead efforts in further growing, diversifying and uniting the Lake County, FL regional economy.

Programs

3 programs

Business creation - efforts to attract, grow and graduate early stage companies in a business incubator environment.

Expenses: $156K

Business retention - to engage all participants and ensure that partners needs are met through structed networking and forums, talent and workforce development and educational oppotunities.

Expenses: $133K

Business support - Provide various support services to partners, investors and clients

Expenses: $133K

Financials

FY 2023

Revenue

Contributions & grants$715K
Program service revenue
Investment income
Other revenue
Total revenue$715K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$635K
Total expenses$635K
Total assets$450K
Net assets$395K

People

20 listed

NameRoleCompensation

Abel Biri

Chairman

Board

0.5 hrs/wk

Brad Weber

Vice-Chairman

Board

0.5 hrs/wk

Don Robuck

Secretary

Board

0.5 hrs/wk

Christian Miller

Treasurer

Board

0.5 hrs/wk

Ben Pauluhn

Immediate Past Chair

Board

0.5 hrs/wk

Al Minner

Director

Board

0.5 hrs/wk

Stacy Sewell

Director

Board

0.5 hrs/wk

Jeff Cagan

Director

Board

0.5 hrs/wk

Marc Hoenstine

Director

Board

0.5 hrs/wk

Joe Ciceri

Director

Board

0.5 hrs/wk

Pam Rivas

Director

Board

0.5 hrs/wk

Lance Sewell

Director

Board

0.5 hrs/wk

Kathy Judkins

Director

Board

0.5 hrs/wk

Phil Braun

Director

Board

0.5 hrs/wk

Davis Talmage

Director

Board

0.5 hrs/wk

Mike Duffield

Director

Board

0.5 hrs/wk

Dan Tatro

Director

Board

0.5 hrs/wk

Duanne Booth

Director

Board

0.5 hrs/wk

Chris Creech

Director

Board

0.5 hrs/wk

Will Parsons

Director

Board

0.5 hrs/wk

Independent contractors

Ocala-Marion County Chamber of Comm

Management services

$441K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$20K
General Support
2024
$35K
VIBRANT ECONOMIES
2022

Funded by

$55K from 2 funders · 2 grants · 2022–2024

Duke Energy Foundation

$35K · 1 grant · 2022

Adventist Health SystemSunbelt Inc

$20K · 1 grant · 2024

Details

EIN881275204
NTEE codeS41
Subsection06
Ruling date2022-11
Formed2022
Employees0
Volunteers0
LAKE ECONOMIC AREA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo