Greater Lansing Area Development Committee
- Assets
- $25.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, NC
- Founding
- 07/2007
- Data as of
- 10/2023
- EIN
- 56-2539142
Organization Overview
Greater Lansing Area Development Committee is located in Lansing, NC. The organization was established in 2007. 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 Area Development Committee 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 10/2023, Greater Lansing Area Development Committee generated $41.6k 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 (24.6%) each year. All expenses for the organization totaled $37.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (25.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Littlejohn President | 3 | $0 | |
Dick Greenwood Vice President | 3 | $0 | |
Sandy Roten Secretary | 3 | $0 | |
Sherry Powers Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,647 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,010 |
| Investment income | $165 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,123 |
| Other Revenue | $2,611 |
| Total Revenue | $41,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,500 |
| Occupancy, rent, utilities, and maintenance | $46 |
| Printing, publications, postage, and shipping | $142 |
| Other expenses | $32,103 |
| Total expenses | $37,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,389 |
| Other assets | $0 |
| Total assets | $25,389 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,389 |