Lapeer County Center Inc
- Assets
- $89.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lapeer, MI
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 38-1566429
Organization Overview
Lapeer County Center Inc is located in Lapeer, MI. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Lapeer County Center Inc 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, Lapeer County Center Inc generated $114.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $134.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO MAINTAIN AND PROVIDE A DESIRABLE MEETING AND BANQUET FACILITY IN THE COMMUNITY FOR LOCAL ORGANIZATIONS, BUSINESSES, AND THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra S Oliver President | 8 | $0 | |
Lori Sawatzke Vice Preside | 3 | $0 | |
Debra Armes Treasurer | 1 | $0 | |
William Davey Secretary | 1 | $0 | |
Mark Monson Trustee | 1 | $0 | |
Larry Hartley Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,905 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,648 |
| Other Revenue | $100,912 |
| Total Revenue | $114,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,953 |
| Professional fees and other payments to independent contractors | $7,434 |
| Occupancy, rent, utilities, and maintenance | $61,118 |
| Printing, publications, postage, and shipping | $135 |
| Other expenses | $22,417 |
| Total expenses | $134,057 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,058 |
| Other assets | $0 |
| Total assets | $89,277 |
| Total liabilities | $35,482 |
| Net assets or fund balances | $53,795 |