NonprofitsLenawee Economic Development Corporation

Lenawee Economic Development Corporation

ADRIAN, MI

Total revenue

$1.4M

Total expenses

$1.6M

Net assets

$956K

Grants received

$472K

9 grants

EIN

380284520

Tax year

2024

Mission

to stimulate economic development, attract new businesses, grow established businesses and support entrepreneurial endeavors in Lenawee County

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$59K
Investment income$249K
Other revenue$3K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$547K
Fundraising$38K
Other expenses$1.0M
Total expenses$1.6M
Total assets$10.2M
Net assets$956K

People

11 listed

NameRoleCompensation

Julie Yaroch

Director

Board

1 hrs/wk

Patrick Farver

Executive Director

Board

40 hrs/wk

Mark Haag

Director

Board

1 hrs/wk

Jed Engle

Director

Board

1 hrs/wk

Jim Williams

Director

Board

1 hrs/wk

Arell Chapman

Director

Board

1 hrs/wk

Rick Gurdjian

Director

Board

1 hrs/wk

Jason Hess

Treasurer

Board

1 hrs/wk

Mindy Bradish-Orta

Chair

Board

1 hrs/wk

James Kapnick

Vice Chair

Board

1 hrs/wk

Timothy Robinson

Director of Operations

Staff

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$99K
economic development
2023
$95K
economic development
2022
$250K
CHARITABLE DONATION
2020
$10K
COVID-19 RAPID RESPONSE GRANTS
2020
$10K
COVID RESPONSE GRANT
2019
$5K
SUPPORT EFFORT TO BRING JOBS COUNTY
2019
$1K
GENERAL OPERATIONS
2018

Funded by

$472K from 5 funders · 9 grants · 2018–2023

Promedica Health System Inc

$250K · 1 grant · 2020

Lenawee Chamber Foundation

$194K · 2 grants · 2022–2023

Michigan College Access Network

$20K · 2 grants · 2019–2020

Farver Foundation

$5K · 1 grant · 2019

Douglas And Mary Kapnick Family

$3K · 3 grants · 2018–2022

Details

EIN380284520
Subsection06
Ruling date1944-12
Formed1946
Employees9
LENAWEE ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo