Greater Lansing Destination Development Foundation
- Assets
- $344.0k
- Revenue
- $144.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 11/2006
- Data as of
- 12/2023
- EIN
- 20-2930623
Organization Overview
Greater Lansing Destination Development Foundation is located in Lansing, MI. The organization was established in 2006. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Lansing Destination Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Greater Lansing Destination Development Foundation generated $144.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $82.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Greater Lansing Destination Development Foundation has awarded 164 individual grants totaling $560,784. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Pingston President/ceo | 1 | $0 | |
Tom Collins Chairman | 1 | $0 | |
Paula Cunningham Director | 1 | $0 | |
Bonnie Knutson Secretary/treasurer | 1 | $0 | |
Pat Gillespie Director | 1 | $0 | |
Jack Roberts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $143,280 |
| Interest on Savings | $1,665 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $144,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $382 |
| Printing and publications | $0 |
| Other expenses | $20,064 |
| Total operating and administrative expenses | $21,496 |
| Contributions, gifts, grants paid | $61,000 |
| Total expenses and disbursements | $82,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $344,022 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $344,022 |
| Accounts payable and accrued expenses | $331 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $331 |
Grants Awarded
Over the last fiscal year, Greater Lansing Destination Development Foundation has awarded $61,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
FENNER NATURE CENTER PURPOSE: EARTH DAY SPONSORSHIP | $500 |
OLD TOWN COMMERCIAL PURPOSE: FESTIVAL SPONSORSHIPS | $1,000 |
WHARTON CENTER PURPOSE: GRANT FOR HAIRSPARY MARKETING | $10,000 |
CITY OF EAST LANSING PURPOSE: EAST LANSING ART FESTIVAL AND JAZZ FESTIVAL | $2,500 |
THE CAPITOL COLLECTIVE PURPOSE: LANSING 5:01 SPONSORSHIP | $1,000 |
IMPRESSION 5 SCIENCE CENTER PURPOSE: SPONSOR TRAVEL EXHIBIT | $15,000 |