Overview
What is Leap Foundation Inc?
Leap Foundation Inc, located in Lansing, Michigan, is a 501(c)(3) nonprofit organization with a mission to foster economic development. They achieve this by managing and distributing charitable funds, specifically aiming to retain intellectual capital within the Tri-County area. The primary focus of Leap Foundation Inc is to support exempt charitable activities, contributing to the community's growth and development.
Official website here: www.purelansing.com
Is Leap Foundation Inc legitimate?
Leap Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leap Foundation Inc 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: $0
For more financial information, click here
Official website here: www.purelansing.com
What is the mission statement of Leap Foundation Inc?
The Leap Foundation Inc's mission is focused on stimulating economic growth and retaining intellectual capital within a specific three-county area. Their activities are aligned with the exempt purposes outlined in the Internal Revenue Code Section 501(C)(3). The primary objective of the foundation is to collect and manage funds for charitable purposes, aiming to contribute positively to the economic development of the region.
Official website here: www.purelansing.com
Who is the CEO of Leap Foundation Inc?
Robert L Trezise Jr is the CEO of Leap Foundation Inc The CEO's salary of Leap Foundation Inc is $0 and their total compensation is $407,000.
Official website here: www.purelansing.com
What is the revenue of Leap Foundation Inc?
Leap Foundation Inc's revenue in 2023 was $191,401.
Official website here: www.purelansing.com
Who are the executives of Leap Foundation Inc and what are their salaries?
There 12 volunteers at Leap Foundation Inc.
Here are 13 key members and their salaries (Leap Foundation Inc's CEO's salary is $0 and their total compensation is $407,000):
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- Other: $0
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- Related: $355,022
- Other: $51,978
Official website here: www.purelansing.com
Where can I find the form 990 for Leap Foundation Inc?
Leap Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.purelansing.com
Learn more at the official website: www.purelansing.com
Mission Statement of Leap Foundation Inc
Leap Foundation Inc, a nonprofit organization, is dedicated to stimulating economic development and preserving intellectual capital within the tri-county area. The organization's primary mission is to serve as a conduit for charitable funds, channeling them towards exempt purposes as outlined in the Internal Revenue Code Section 501(C)(3). In essence, Leap Foundation Inc's objective is to foster economic growth and sustainability by administering charitable donations.
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Impact
October, 2024
Leap Foundation Inc has a significant impact on economic development and the cultural fabric of the Tri-County Area. By focusing on retaining intellectual capital and fostering growth, the foundation plays a crucial role in enhancing the regional economy. It administers funds for various charitable activities that align with its mission, delivering financial support to initiatives that drive community improvement.
One notable program is the public art initiative, through which the foundation awarded $5,000 each to two communities. This funding allowed local artists to create public art pieces that not only beautify the area but also engage residents and visitors, thereby enriching community identity and pride. Such investments in public art cultivate a vibrant cultural landscape, contributing to the overall well-being and attractiveness of the Tri-County Area.
In summary, Leap Foundation Inc effectively boosts local economic development while simultaneously fostering community engagement and improvement through its targeted programs and financial support.
This information is meant to be a general summary of Leap Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,401
- Gross Receipts: $191,401
Assets and Liabilities:
- Total Assets: $105,822
- Total Liabilities: $10,000
- Net Assets: $95,822
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Organization Details
Founding Year
2007
Principal Officer
Robert L Trezise Jr
Website
www.purelansing.comNTEE Category
Code: S11 - Community improvement
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