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Lemmon Area Charitable And Economic Development

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

EIN: 363983577 ✦ Lemmon, SD ✦ Designated as a 501(c)(3)

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Overview

What is Lemmon Area Charitable And Economic Development?

Lemmon Area Charitable and Economic Development is a nonprofit organization situated in Lemmon, South Dakota, with a specific focus on enhancing the economic and social well-being of the region's low-income residents. Their mission encompasses education, economic growth, and development, as well as preserving the historic character of Lemmon and Perkins County, South Dakota. By doing so, they aim to uplift the community and foster a sustainable environment for its residents. The organization's activities and mission are geared towards improving the overall quality of life for the local population.

Is Lemmon Area Charitable And Economic Development legitimate?

Lemmon Area Charitable And Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lemmon Area Charitable And Economic Development 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: $41,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,613

For more financial information, click here

What is the mission statement of Lemmon Area Charitable And Economic Development?

The mission of this organization, known as Lemmon Area Charitable and Economic Development, is centered around enhancing the economic and social welfare of low-income individuals. Their activities extend beyond this, encompassing education, economic growth, and development, as well as preserving the historic character of their community. The organization's goal is to contribute positively to the overall development of their area, ensuring a balanced and sustainable growth.

Who is the CEO of Lemmon Area Charitable And Economic Development?

Ryan Kohn is the President of Lemmon Area Charitable And Economic Development.

What is the revenue of Lemmon Area Charitable And Economic Development?

Lemmon Area Charitable And Economic Development's revenue in 2022 was $153,216.

Who are the executives of Lemmon Area Charitable And Economic Development and what are their salaries?


Here are 6 key members and their salaries:


David Johnson (Executive Dir.)
  • Compensation: $41,400
  • Related: $0
  • Other: $0
Chad Bumgarten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndsey Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Lillich (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Kohn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lemmon Area Charitable And Economic Development?

Lemmon Area Charitable And Economic Development's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lemmon Area Charitable And Economic Development

Lemmon Area Charitable and Economic Development, as an organization, is committed to enhancing the economic and social well-being of low-income residents in its community. Its mission encompasses three key areas: education, economic growth and development, and the preservation of the historic character of the area. By focusing on these aspects, the nonprofit aims to uplift the living standards of its community members and promote sustainable growth.

In terms of education, Lemmon Area Charitable and Economic Development seeks to provide opportunities for skill development and knowledge acquisition. This could involve organizing workshops, seminars, or educational programs aimed at equipping individuals with the necessary skills to secure better employment opportunities and improve their livelihoods.

Economic growth and development are also crucial components of the organization's mission. Lemmon Area Charitable and Economic Development works towards creating an environment that fosters business growth and attracts investments. This could involve facilitating business start-ups, providing support to existing businesses, and promoting entrepreneurship. The organization's efforts in this area are expected to contribute to job creation and improved economic conditions.

Lastly, Lemmon Area Charitable and Economic Development is dedicated to preserving the historic character of the area. This could involve promoting historical preservation projects, organizing events that celebrate the area's heritage, and advocating for policies that protect the area's historical landmarks and buildings.

In summary, Lemmon Area Charitable and Economic Development is an organization that is dedicated to improving the economic and social welfare of its low-income community members. It achieves this by focusing on education, economic growth and development, and the preservation of the area's historic character.

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Impact




October, 2024

Lemmon Area Charitable and Economic Development significantly enhances the economic and social welfare of low-income residents in Lemmon and Perkins County, South Dakota. By focusing on education, economic growth, and the preservation of the area's historic character, this organization fosters a vibrant community that supports its residents through various initiatives.

Its efforts aim to uplift those in need, providing resources and opportunities that lead to improved living conditions and better access to education. By driving economic development, it not only bolsters local businesses but also creates jobs and enhances the overall quality of life in the region. Additionally, the commitment to preserving the historic charm of Lemmon ensures that the community retains its unique identity while promoting sustainable growth.

Overall, the organization plays a crucial role in building a resilient community that values both its people and its history, making a lasting impact on the lives of those it serves.




This information is meant to be a general summary of Lemmon Area Charitable And Economic Development. 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
$153,216 (2022)
Expenses
$222,270 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,192
  • Program Service Revenue: $35,131
  • Gross Receipts: $186,655

Assets and Liabilities:

  • Total Assets: $1,123,909
  • Total Liabilities: $2,179
  • Net Assets: $1,121,730

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Programs

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

MEMBERSHIPS

Revenue

$9,172

THEATER

Revenue

$25,959

Organization Details

Founding Year

1994

Principal Officer

Ryan Kohn

Main Address

100 3RD STREET WEST, LEMMON, SD, 57638

NTEE Category

Code: S31 - Community improvement

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