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Lansdowne Economic Development Corp

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

EIN: 232976596 ✦ Lansdowne, PA ✦ Designated as a 501(c)(3)

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Overview

What is Lansdowne Economic Development Corp?

Lansdowne Economic Development Corp is a nonprofit organization situated in Lansdowne, Pennsylvania. Their primary mission is to stimulate economic growth within the borough by increasing the variety and number of retail businesses, reducing vacancies, attracting commercial development, and promoting the borough to its residents and neighboring communities. They achieve this goal by forming partnerships with local businesses, residents, and consumers, aiming to create a vibrant, inclusive, creative, and welcoming community. With a small team of three individuals, they actively work towards promoting economic development in Lansdowne and its surrounding areas.


Official website here: www.lansdownesfuture.org

Is Lansdowne Economic Development Corp legitimate?

Lansdowne Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lansdowne Economic Development Corp submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,172

For more financial information, click here


Official website here: www.lansdownesfuture.org

What is the mission statement of Lansdowne Economic Development Corp?

The Lansdowne Economic Development Corp's mission is focused on stimulating economic growth and development within its surrounding communities. This is achieved by fostering partnerships with businesses, residents, and consumers. The primary goal is to create a thriving, inclusive, creative, and welcoming community. To accomplish this, the corporation promotes economic activity by increasing the number and diversity of retail businesses, reducing storefront vacancies, attracting commercial development, and promoting the area to its residents and visitors from surrounding communities.


Official website here: www.lansdownesfuture.org

Who is the CEO of Lansdowne Economic Development Corp?

William Brown is the Board Chair of Lansdowne Economic Development Corp.


Official website here: www.lansdownesfuture.org

What is the revenue of Lansdowne Economic Development Corp?

Lansdowne Economic Development Corp's revenue in 2022 was $327,796.


Official website here: www.lansdownesfuture.org

Who are the executives of Lansdowne Economic Development Corp and what are their salaries?

The average compensation at Lansdowne Economic Development Corp during 2022 was $46,057. There are 3 employees at Lansdowne Economic Development Corp.


Here are 7 key members and their salaries:


William Brown (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laureen Carlin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Marie Cook (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoinette C Truehart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vippy Yee (Arts - Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skylar D Bentley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Brodeur (Executive Di)
  • Compensation: $65,147
  • Related: $0
  • Other: $2,034


Official website here: www.lansdownesfuture.org

Where can I find the form 990 for Lansdowne Economic Development Corp?

Lansdowne Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lansdownesfuture.org

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

Mission Statement of Lansdowne Economic Development Corp

Lansdowne Economic Development Corp, a prominent organization, is committed to stimulating growth and activity within the borough of Lansdowne. To achieve this, the corporation fosters collaborations with local businesses, residents, and consumers, aiming to establish a vibrant, inclusive, creative, and welcoming community.

At its core, Lansdowne Economic Development Corp's mission is to promote economic development within Lansdowne Borough and the surrounding areas. This is accomplished by various strategies, such as increasing the number and diversity of retail businesses, reducing storefront vacancies, attracting commercial development, and promoting the borough to its residents and visitors from neighboring communities. The ultimate goal is to create a thriving economic landscape that benefits the community as a whole.

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Impact




October, 2024

Lansdowne Economic Development Corp significantly enhances the economic landscape of Lansdowne Borough by fostering strategic partnerships among businesses, residents, and consumers. This collaboration encourages growth and prosperity within the community, creating a vibrant and inclusive environment.

The organization actively promotes economic activity by increasing the variety and number of retail businesses, which in turn reduces storefront vacancies and attracts new commercial development. Additionally, it markets Lansdowne to both local residents and visitors from neighboring areas, effectively positioning the borough as a welcoming destination. Through these initiatives, Lansdowne Economic Development Corp plays a crucial role in building a flourishing community that values creativity and inclusivity.




This information is meant to be a general summary of Lansdowne Economic Development Corp. 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
$327,796 (2022)
Expenses
$357,879 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $39,182
  • Gross Receipts: $327,796

Assets and Liabilities:

  • Total Assets: $163,539
  • Total Liabilities: $9,028
  • Net Assets: $154,511

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIPS AND EVENTS

Revenue

$29,012

OTHER INCOME

Revenue

$10,170

Organization Details

Founding Year

1998

Principal Officer

William Brown

Main Address

32 E BALTIMORE AVENUE, LANSDOWNE, PA, 19050

NTEE Category

Code: S30 - Community improvement

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