Lincoln Economic Advancement & Development Inc

Organization Overview

Lincoln Economic Advancement & Development Inc is located in Lincoln, IL. 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. Lincoln Economic Advancement & Development 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 12/2021, Lincoln Economic Advancement & Development Inc generated $150.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $88.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

THE RELIEF OF THE POOR AND DISTRESSED OR UNDERPRIVILEGED; AND, LESSENING THE BURDENS OF GOVERNMENT;AND, THE PROMOTION OF SOCIAL WELFARE AND COMBATTING COMMUNITY DETERIORATION IN LINCOLN, ILLINOIS AND LOGAN COUNTY, ILLINOIS BY ECONOMIC DEVELOPMENT PROGRAMS GEARED TOWARD MAINTAINING AND ATTRACTING EMPLOYMENT OPPORTUNITIES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$150,485
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$150,485

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lincoln Economic Advancement & Development Inc has recieved totaling $40,000.

Awarding OrganizationAmount
Woods Foundation

Lincoln, IL

PURPOSE: UNRESTRICTED.

$40,000
View Grant Recipient Profile

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