NonprofitsLester Development Corporation

Community Improvement & Capacity Building

Lester Development Corporation

LESTER, IA

Total revenue

$409K

Total expenses

$210K

Net assets

$566K

Grants received

$10K

1 grants

EIN

882056384

Tax year

2024

Mission

The Lester Development Corporation seeks to be a driver in the future growth and development of the village of Lester by partnering with localgovernment, development foundations, businesses, and residents. The corporation aims to provide available housing for individuals andfamilies interested in moving to Lester as well as opportunities for businesses that are either moving to town or looking to expand on theircurrent operation. The corporation will be active in purchasing and developing residential and commercial properties as they come available toallow for continued growth throughout the city. By forming this corporation, we will also take a burden off the local government by handling theplanning and execution for expansion.

Financials

FY 2024

Revenue

Contributions & grants$244K
Program service revenue$165K
Investment income
Other revenue
Total revenue$409K

Expenses

Grants paid
Salaries & benefits
Fundraising$2K
Other expenses$210K
Total expenses$210K
Total assets$566K
Net assets$566K

People

7 listed

NameRoleCompensation

JON GERBER

President

Board

2 hrs/wk

DANIEL MOSER

Vice President

Board

1 hrs/wk

SUE FLUIT

Treasurer

Board

1 hrs/wk

JOSH METZGER

Secretary

Board

1 hrs/wk

DARIN KNOBLOCH

Director

Board

1 hrs/wk

KRISTI AGESON

Director

Board

1 hrs/wk

MICHAEL LEUTHOLD

Director

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$10K
General Operations
2023

Funded by

$10K from 1 funder · 1 grant · 2023

Peoples Charitable Foundation

$10K · 1 grant · 2023

Details

EIN882056384
NTEE codeS30
Subsection06
Ruling date2023-01
Employees0
LESTER DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo