Overview
What is Lake County Partnership For Economic Dev?
Lake County Partnership for Economic Development is a nonprofit organization situated in Lincolnshire, Illinois. Their primary objective is to boost the economic vitality and overall quality of life in Lake County by generating and retaining high-quality jobs, encouraging capital investment, promoting economic diversity, and enhancing the county's business environment. To accomplish this, they establish strong partnerships with state program administrators, the Lake County development community, and municipalities within Lake County. By doing so, the organization plays a crucial role in maintaining and enhancing Lake County's appeal as an attractive location for living, working, and growing businesses.
Official website here: www.lakecountypartners.com
Is Lake County Partnership For Economic Dev legitimate?
Lake County Partnership For Economic Dev is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Partnership For Economic Dev 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.
Here are some key statistics you may want to consider:
Executive Compensation: $231,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,560
For more financial information, click here
What is the mission statement of Lake County Partnership For Economic Dev?
The Lake County Partnership for Economic Development has a mission to maintain economic vitality and enhance the quality of life in its unspecified location by creating and retaining high-quality jobs, stimulating capital investment, pursuing economic diversity, and improving the business climate. The organization achieves this through various initiatives, such as attracting, retaining, and expanding businesses, advocating for infrastructure improvements, and spearheading initiatives that support business success. By building strategic relationships with state program administrators, the local development community, and municipalities, the partnership helps enhance the area's appeal as an attractive location for living, working, and growing.
Official website here: www.lakecountypartners.com
Who is the CEO of Lake County Partnership For Economic Dev?
Richard Korengold is the Chair of Lake County Partnership For Economic Dev. The CEO's salary of Lake County Partnership For Economic Dev is $198,810 and their total compensation is $231,888.
Official website here: www.lakecountypartners.com
What is the revenue of Lake County Partnership For Economic Dev?
Lake County Partnership For Economic Dev's revenue in 2022 was $1,020,964.
Official website here: www.lakecountypartners.com
Who are the executives of Lake County Partnership For Economic Dev and what are their salaries?
The average compensation at Lake County Partnership For Economic Dev during 2022 was $113,890. There are 5 employees at Lake County Partnership For Economic Dev.
Here are 32 key members and their salaries (Lake County Partnership For Economic Dev's CEO's salary is $198,810 and their total compensation is $231,888):
- Kevin Considine (President & Ceo) [Trustee/Director]
- Ronald Lanz (Business Development Direc)
- Frank Deuel (Director)
- Chrispoher R Blaylock (Director)
- Marah Altenberg (Director)
- Angelo D Kyle (Director)
- Jim Hawkins (Director)
- James Rolfe (Director)
- Wendy Rheault (Director)
- Thomas Hutchinson (Director)
- John Frese (Director)
- Derrick Burress (Director)
- Joseph Luna (Past Chair) [Trustee/Director]
- Sandy Hart (Director)
- Jessica Vealitzek (Director)
- Trent Gordon (Director)
- Lori Suddick (Director)
- Darren Boundy (Director)
- Lawrence Falbe (Director)
- Charles Lamphere (Director)
- Donovan Pepper (Director)
- Richard Korengold (Chair) [Trustee/Director]
- Kevin Hunter (Director)
- Kevin Myers (Director)
- Don Hansen (Director)
- Stephen Madden (Vice Chair) [Trustee/Director]
- Gabrielle Cummings (Director)
- Jack Danilkowicz (Director)
- David Alexander (Director)
- Connie Larvin (Director)
- Bria Scudder (Director)
- Kimberly Wimer (Director)
Official website here: www.lakecountypartners.com
Where can I find the form 990 for Lake County Partnership For Economic Dev?
The Lake County Partnership For Economic Dev’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lakecountypartners.com
Learn more at the official website: www.lakecountypartners.com
Mission Statement of Lake County Partnership For Economic Dev
Lake County Partnership for Economic Development, a vital organization, is committed to preserving the economic vitality and enhancing the quality of life in Lake County, Illinois. Its mission is twofold: firstly, it strives to generate and preserve high-quality employment opportunities, and secondly, it aims to stimulate capital investment while promoting economic diversity. The organization's ultimate goal is to improve Lake County's business environment, making it an appealing location for both individuals and businesses to live, work, and grow.
To achieve these objectives, Lake County Partnership for Economic Development implements an economic development program that encompasses several key areas. Initially, it focuses on attracting, retaining, and expanding businesses within the county. Secondly, it advocates for infrastructure improvements to bolster the region's competitiveness. Lastly, it spearheads initiatives that contribute to business success. The organization accomplishes these tasks through strategic relationships with state program administrators, the Lake County development community, and municipalities within Lake County. As a result, Lake County continues to evolve and thrive as a desirable location for both personal and professional growth.
Impact
This information is meant to be a general summary of Lake County Partnership For Economic Dev. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lake County Partnership For Economic Dev's impact can be seen in the continuous maintenance and enhancement of economic vitality and quality of life in Lake County, Illinois. The organization actively works towards creating and retaining jobs, stimulating capital investment, pursuing economic diversity, and improving the county's overall business climate. Through strategic initiatives like attracting, retaining, and expanding businesses, advocating for infrastructure improvements, and spearheading business success initiatives, the organization plays a crucial role in ensuring Lake County remains a great place to live, work, and grow. Their efforts have led to the sustained growth and attractiveness of Lake County as a hub for economic development and community improvement.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING AND OTHER I
Revenue
$121,639
Organization Details
Founding Year
1998
Phone
(847) 597-1220
Principal Officer
Richard Korengold
Main Address
1 OVERLOOK POINT SUITE 280 280, LINCOLNSHIRE, IL, 60069
Website
www.lakecountypartners.com
NTEE Category
Code: S30 - Community improvement
If you are a representative of Lake County Partnership For Economic Dev and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.