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Greater Laporte Economic Development Corporation

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

EIN: 352146258 ✦ Laporte, IN ✦ Designated as a 501(c)(3)

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Overview

What is Greater Laporte Economic Development Corporation?

The Greater Laporte Economic Development Corporation is a nonprofit organization situated in Laporte, Indiana, specifically at 605 Michigan Ave. Their primary mission is to attract new businesses and industries to the Laporte County area, thereby contributing to the region's economic growth and stability. The corporation takes active steps to combat community deterioration, fostering a supportive environment for the development and expansion of businesses in the region.


Official website here: www.gledc.com

What do the Facebook reviews say about Greater Laporte Economic Development Corporation?

92% of reviewers on Facebook recommend the Greater Laporte Economic Development Corporation. Here is a summary of their reviews:

Many reviewers commend the organization for its dedicated team and positive impact on the city. Commentators highlighted the enthusiasm and commitment of the staff, noting that they are instrumental in driving meaningful change within the community.

Overall, the sentiment is predominantly positive, with users appreciating the efforts made by the nonprofit in fostering economic development and creating opportunities in LaPorte. The general consensus reflects satisfaction with the organization's initiatives and its role in enhancing the local environment.


This AI summary has been generated from reviews found on Facebook.

Is Greater Laporte Economic Development Corporation legitimate?

Greater Laporte Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Laporte Economic Development Corporation 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.gledc.com

What is the mission statement of Greater Laporte Economic Development Corporation?

The Greater Laporte Economic Development Corporation's mission is centered around attracting new businesses and industries into a specific area. This organization aims to combat community deterioration by promoting stability, growth, and development in the business and industrial sector. Their primary objective is to recruit new businesses, thereby contributing to the overall growth and prosperity of the community. The corporation's activities are geared towards fostering a conducive environment for businesses, ultimately working towards the betterment and development of the community.


Official website here: www.gledc.com

Who is the CEO of Greater Laporte Economic Development Corporation?

Hubert Cook Iii is the Board Member of Greater Laporte Economic Development Corporation.


Official website here: www.gledc.com

What is the revenue of Greater Laporte Economic Development Corporation?

Greater Laporte Economic Development Corporation's revenue in 2022 was $197,789.


Official website here: www.gledc.com

Who are the executives of Greater Laporte Economic Development Corporation and what are their salaries?


Here are 10 key members and their salaries:


John Carr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Casey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Conlon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Tom Dermody (Chairman-Ele)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Dickinson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Francesconi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mahlmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Otis (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hubert Cook Iii (Exec. Direct)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gledc.com

Where can I find the form 990 for Greater Laporte Economic Development Corporation?

Greater Laporte Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gledc.com

Learn more at the official website: www.gledc.com

Mission Statement of Greater Laporte Economic Development Corporation

Greater Laporte Economic Development Corporation, a prominent organization, is dedicated to recruiting new businesses and industries into the Laporte County area. Their mission is twofold: firstly, they aim to combat community deterioration; and secondly, they strive to promote the stability, growth, and development of existing businesses and industries. By attracting new ventures, they seek to invigorate the local economy and contribute to the overall well-being of the community. Their efforts are geared towards fostering an environment that is conducive to business growth and development, thereby enhancing the region's economic prospects.

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Impact




October, 2024

The Greater Laporte Economic Development Corporation plays a crucial role in enhancing the economic landscape of the LaPorte County area. By actively recruiting new businesses and industries, it fosters job creation and stimulates local economic activity. This initiative not only attracts investment but also combats community deterioration by promoting stability and sustainable growth.

Through various programs and strategies, the organization supports existing businesses, encouraging them to expand and thrive while also providing resources and incentives to new entrants. The focus on business development contributes to a vibrant community, enhancing the quality of life for residents and promoting an environment conducive to innovation and entrepreneurship. Overall, the impact of the Greater Laporte Economic Development Corporation is significant, driving economic growth and community improvement in the region.




This information is meant to be a general summary of Greater Laporte Economic 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
$197,789 (2022)
Expenses
$260,487 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$57,251
  • Gross Receipts: $197,789

Assets and Liabilities:

  • Total Assets: $1,065,289
  • Total Liabilities: $179,624
  • Net Assets: $885,665

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Organization Details

Founding Year

2002

Principal Officer

Hubert Cook Iii

Main Address

605 MICHIGAN AVE, LAPORTE, IN, 46350

NTEE Category

Code: S20 - Community improvement

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