NonprofitsLawrence Economic Development Corporation

Lawrence Economic Development Corporation

SOUTH POINT, OH

Total revenue

$10.1M

Total expenses

$5.2M

Net assets

$56.1M

Grants received

$4.8M

4 grants

EIN

311075744

Tax year

2024

Mission

To promote economic development in the City of Ironton and the County of Lawrence, Ohio to act as the designated agent for providing governmental assistance to business enterprise and to promote the general economic development

Programs

2 programs

During 2024, LEDC helped secure the development of a 42-bed physical rehabilitation hospital that is expected to bring nearly 200 jobs to the county. LEDC began planning the construction of a new 22,000 sq ft speculative building and is actively working through lease terms with a client. Additionally, LEDC has partnered with various county agencies to secure grant funding to remove asbestos from several local buildings to allow them to be used in the future, as well continuing to clean up the former Biomass site to get it ready for development.

Expenses: $617K

The CVB continues to work on the awarded ARC grant that is aimed at marking 27 historical Underground railroad sites along the Ohio River. The grant will be wrapped up in 2025 and is expected to mark all 27 sites. During the year, the CVB attended many events to increase awareness of tourism in Lawrence County. These include the Ohio RV and Boat Show and Ohio's Tourism Day at the Ohio Statehouse among others.

Expenses: $212K

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$375K
Investment income$2.7M
Other revenue$5.7M
Total revenue$10.1M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising
Other expenses$4.1M
Total expenses$5.2M
Total assets$67.1M
Net assets$56.1M

People

26 listed

NameRoleCompensation

Bill Dingus

Executive Director

Board

40 hrs/wk

Jeremy Clay

Associate Director

Board

40 hrs/wk

Jesse Layne

CFO

Board

40 hrs/wk

Carl Darling

2nd Vice President

Board

2 hrs/wk

George Moore

Vice President

Board

2 hrs/wk

Dan Evans

Chairman of the Board

Board

2 hrs/wk

Gordon Waters

President

Board

2 hrs/wk

Carl Grover

Board Member

Board

2 hrs/wk

D R Gossett

Board Member

Board

2 hrs/wk

Tim Albert

Board Member

Board

2 hrs/wk

Jodi Rowe-Collins

Board Member

Board

2 hrs/wk

Matt Manns

Board Member

Board

2 hrs/wk

Sandy Blackburn

Board Member

Board

2 hrs/wk

Dan Mooney

Secretary

Board

2 hrs/wk

Matt Bell

Asst. Secretary

Board

2 hrs/wk

Katie McKnight

Treasurer

Board

2 hrs/wk

Emmett Kiritsy

Board Member

Board

2 hrs/wk

Jim Galloway

Board Member

Board

2 hrs/wk

Ernie Hall

Parliamentarian

Board

2 hrs/wk

Aaron Heighton

Asst. Treasurer

Board

2 hrs/wk

Drew Hurst

Board Member

Board

2 hrs/wk

Rob Lynch

Board Member

Board

2 hrs/wk

Tracy Bunch

Communications Officer

Board

2 hrs/wk

Melissa Clark

Board Member

Board

2 hrs/wk

Mike Davis

Board Member

Board

2 hrs/wk

Dr Robert Hess

Chamber President

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$543K
ECONOMIC DEVELOPMENT
2022
$3.4M
ECONOMIC DEVELOPMENT
2021
$500K
ECONOMIC DEVELOPMENT
2020
$400K
ECONOMIC DEVELOPMENT
2019

Funded by

$4.8M from 1 funder · 4 grants · 2019–2022

Jobsohio

$4.8M · 4 grants · 2019–2022

Details

EIN311075744
Subsection03
Ruling date1987-06
Formed1984
Employees0
Volunteers25
LAWRENCE ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo