Overview
What is Lake Geneva Economic Development Corp?
Lake Geneva Economic Development Corporation is a nonprofit organization situated in Lake Geneva, Wisconsin. Its primary mission involves the development and sale of business park land, with the aim of fostering economic growth within the city. This organization invests in various initiatives to promote economic development, making it easier for businesses to establish themselves in Lake Geneva's business parks. Their activities are geared towards enhancing the city's economic landscape, thereby creating opportunities for the local community.
Official website here: www.lgedc.com
Is Lake Geneva Economic Development Corp legitimate?
Lake Geneva Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake Geneva 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.
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Official website here: www.lgedc.com
What is the mission statement of Lake Geneva Economic Development Corp?
The Lake Geneva Economic Development Corp is dedicated to promoting economic growth within its operations. This is achieved through the development and sale of business park land, as well as actively advocating for economic expansion within the corporation's sphere of influence. The corporation's activities are primarily focused on incurring expenses to facilitate the corporation's exempt purpose of marketing, selling, and developing land in its business parks, with the ultimate goal of fostering economic development.
Official website here: www.lgedc.com
Who is the CEO of Lake Geneva Economic Development Corp?
Michael Dunn is the Executive Director of Lake Geneva Economic Development Corp.
Official website here: www.lgedc.com
What is the revenue of Lake Geneva Economic Development Corp?
Lake Geneva Economic Development Corp's revenue in 2022 was $7,013.
Official website here: www.lgedc.com
Who are the executives of Lake Geneva Economic Development Corp and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.lgedc.com
Where can I find the form 990 for Lake Geneva Economic Development Corp?
Lake Geneva Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lgedc.com
Learn more at the official website: www.lgedc.com
Mission Statement of Lake Geneva Economic Development Corp
Lake Geneva Economic Development Corp, as a nonprofit organization, is dedicated to two primary activities. Firstly, it engages in the development and sale of business park land. This includes the planning, construction, and marketing of these properties to attract and retain businesses within the city. Secondly, the corporation is committed to promoting economic development within Lake Geneva, Wisconsin. By doing so, it aims to foster a thriving business environment and contribute to the overall growth and prosperity of the city. The expenses incurred by the corporation are all in line with these objectives, serving to further the organization's exempt purpose of driving economic development in Lake Geneva.
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Impact
October, 2024
Lake Geneva Economic Development Corp significantly enhances the local economy by focusing on the development and sale of business park land, which attracts new businesses and supports the growth of existing ones. By promoting economic development initiatives within the city, the organization plays a crucial role in fostering a favorable business climate, creating job opportunities, and stimulating investment in the area.
The corporation's strategic marketing and sales efforts help to position Lake Geneva as an attractive location for businesses, leading to increased economic activity and community improvement. As a result, the local workforce benefits from job creation, and residents enjoy enhanced services and infrastructure as a consequence of the growing economy. Overall, Lake Geneva Economic Development Corp is a key player in driving sustainable economic progress in Lake Geneva, Wisconsin.
This information is meant to be a general summary of Lake Geneva 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,013
- Gross Receipts: $7,013
Assets and Liabilities:
- Total Assets: $2,450,805
- Total Liabilities: $102
- Net Assets: $2,450,703
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Organization Details
Founding Year
1981
Phone
(262) 749-6402Principal Officer
Michael Dunn
Main Address
500 COMMERCIAL COURT, LAKE GENEVA, WI, 53147
Website
www.lgedc.comNTEE Category
Code: S31 - Community improvement
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