Lake Champlain-Lake George Regional Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141725736 ✦ Lake george, NY ✦ Designated as a 501(c)(4)

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Overview

What is Lake Champlain-Lake George Regional Development Corporation?

Lake Champlain-Lake George Regional Development Corporation is a nonprofit organization situated in Lake George, New York. Its primary mission is to foster economic growth within a five-county region by providing over 5 million dollars in business loans. This financial support serves to create or preserve existing job opportunities, contributing positively to the local community. The organization actively works in the public interest and is dedicated to promoting regional development.


Official website here: www.lclgrpb.org

Is Lake Champlain-Lake George Regional Development Corporation legitimate?

Lake Champlain-Lake George Regional Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Champlain-Lake George Regional Development Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.lclgrpb.org

What is the mission statement of Lake Champlain-Lake George Regional Development Corporation?

The Lake Champlain-Lake George Regional Development Corporation serves to foster economic growth in a five-county area. They accomplish this by providing substantial business loans, leading to the creation or preservation of employment opportunities. This organization actively contributes to the public interest, operating as a catalyst for local economic development. While the specific location is Lake George, NY, it is not essential to mention this detail in the mission statement summary.


Official website here: www.lclgrpb.org

Who is the CEO of Lake Champlain-Lake George Regional Development Corporation?

Elizabeth Gilles is the Executive Director of Lake Champlain-Lake George Regional Development Corporation.


Official website here: www.lclgrpb.org

What is the revenue of Lake Champlain-Lake George Regional Development Corporation?

Lake Champlain-Lake George Regional Development Corporation's revenue in 2022 was $2,660.


Official website here: www.lclgrpb.org

Who are the executives of Lake Champlain-Lake George Regional Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


David O'Brien (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Strough (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Hunt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Nolette (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Gilles (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Cutter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lclgrpb.org

Where can I find the form 990EZ for Lake Champlain-Lake George Regional Development Corporation?

Lake Champlain-Lake George Regional Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lclgrpb.org

Learn more at the official website: www.lclgrpb.org

Mission Statement of Lake Champlain-Lake George Regional Development Corporation

Lake Champlain-Lake George Regional Development Corporation is dedicated to fostering economic growth in a five-county region. They accomplish this by providing over 5 million dollars in business loans, thereby facilitating the creation or preservation of jobs. This organization actively serves the public interest, contributing to the region's economic development.

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Impact




October, 2024

The Lake Champlain-Lake George Regional Development Corporation significantly impacts the local economy by promoting growth and sustainability within a five-county region. By issuing more than $5 million in business loans, the organization plays a critical role in facilitating the establishment and expansion of local businesses. This financial support not only helps to create new jobs but also aids in retaining existing positions, thereby enhancing economic stability in the area. The corporation's commitment to fostering community improvement is evident in its active contributions to public interest initiatives, making it a vital player in the overall development of the Lake George and Lake Champlain communities.




This information is meant to be a general summary of Lake Champlain-Lake George Regional Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,660 (2022)
Expenses
$5,902 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,660
  • Gross Receipts: $2,660

Assets and Liabilities:

  • Total Assets: $77,596
  • Total Liabilities: $60,319
  • Net Assets: $17,277

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Organization Details

Principal Officer

Elizabeth Gilles

Main Address

PO Box 765, Lake George, NY, 12047

NTEE Category

Code: S31 - Community improvement

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