Lee's Summit Economic Development Council

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

EIN: 431386718 ✦ Lees summit, MO ✦ Designated as a 501(c)(4)

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Overview

What is Lee's Summit Economic Development Council?

The Lee's Summit Economic Development Council is a nonprofit organization based in Lees Summit, Missouri. With a team of five dedicated individuals, their primary mission is to foster economic growth in the city by acting as a liaison for local businesses. They aim to enhance Lee's Summit's reputation as a hub for innovation and expansion, backed by a pro-business environment, a diverse economic base, and a strong commitment to relationships and work ethic. Their activities focus on addressing issues faced by local employers and helping them expand their businesses.


Official website here: www.leessummit.org

Is Lee's Summit Economic Development Council legitimate?

Lee's Summit Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lee's Summit Economic Development Council 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: $90,872

For more financial information, click here


Official website here: www.leessummit.org

What is the mission statement of Lee's Summit Economic Development Council?

The Lee's Summit Economic Development Council's mission is centered around promoting and enhancing a community that fosters economic innovation and growth. This is achieved through a pro-business environment, a diverse economic base, and a strong commitment to relationships and work ethic. The council's activities primarily involve working with local businesses, acting as their advocate to resolve issues and aid in their expansion. The goal is to establish Lee's Summit as a model city for economic growth and innovation.


Official website here: www.leessummit.org

What is the revenue of Lee's Summit Economic Development Council?

Lee's Summit Economic Development Council's revenue in 2024 was $96,945.


Official website here: www.leessummit.org

Who are the executives of Lee's Summit Economic Development Council and what are their salaries?

The average compensation at Lee's Summit Economic Development Council during 2024 was $30,291. There are 3 employees at Lee's Summit Economic Development Council.

Here are 12 key members and their salaries:


Bill Baird (City Mayor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Brown (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Buck (Lsr7 Superin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Dorrian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dunning (City Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Haynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hillier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Hogue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Olm-Shipman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Rexroth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Vanbuskirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.leessummit.org

Where can I find the form 990 for Lee's Summit Economic Development Council?

Lee's Summit Economic Development Council's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.leessummit.org

Learn more at the official website: www.leessummit.org

Mission Statement of Lee's Summit Economic Development Council

The Lee's Summit Economic Development Council, in essence, strives to elevate Lee's Summit as an exemplary city that fosters economic innovation and progress. This is achieved through a supportive business climate, a diverse economic foundation, and a strong commitment to relationships and work ethics. The council's primary objective is to promote and enhance the city's economic growth by acting as a mediator between local businesses and resolving any obstacles they may face, thereby facilitating their expansion.

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Impact




October, 2024

The Lee's Summit Economic Development Council plays a vital role in fostering economic innovation and growth within the city. By promoting a pro-business environment, the council enhances the community’s attractiveness for existing and potential businesses. This is achieved through dedicated business retention and expansion efforts, where the council acts as an advocate for local employers, helping them resolve challenges and facilitating their growth.

Their commitment to building strong relationships and maintaining a diverse economic base underpins the council's mission, positioning Lee's Summit as a model community for economic development. This proactive approach not only strengthens the local economy but also enhances the overall quality of life for residents, creating a sustainable and vibrant business landscape.




This information is meant to be a general summary of Lee's Summit Economic Development Council. 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
$96,945 (2024)
Expenses
$202,496 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $9,515
  • Gross Receipts: $96,945

Assets and Liabilities:

  • Total Assets: $574,098
  • Total Liabilities: $114,372
  • Net Assets: $459,726

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Organization Details

Founding Year

1985

Principal Officer

Teresa Evans

NTEE Category

Code: S30 - Community improvement

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