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Lincoln Economic Development Council Inc

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

EIN: 452514272 ✦ Ruston, LA ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln Economic Development Council Inc?

Lincoln Economic Development Council Inc is a nonprofit organization situated in Ruston, Louisiana. Its primary focus is on addressing the economic development needs of the community and the parish. By collaborating on strategic initiatives, retaining and expanding local businesses, and fostering the creation of quality jobs, the council aims to capitalize on opportunities for improvement. Notably, they are involved in the City of Ruston's Sidewalk Project, which involves developing walking and biking trails to enhance residents' access to healthcare facilities, retail shopping areas, and outdoor fitness equipment.

Is Lincoln Economic Development Council Inc legitimate?

Lincoln Economic Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Economic Development Council Inc 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

What is the mission statement of Lincoln Economic Development Council Inc?

The Lincoln Economic Development Council Inc is dedicated to addressing the economic development needs of its community and parish. This is achieved through collaborative strategic initiatives, the retention and growth of local businesses, the creation of new quality jobs, and capitalizing on opportunities for improvement. The council's efforts extend to projects like the city of Ruston's sidewalk project, which involves developing walking and biking trails for residents to access healthcare facilities and various retail shopping areas, as well as providing access to outdoor fitness equipment.

Who is the CEO of Lincoln Economic Development Council Inc?

James D Holland Iii is the Director of Lincoln Economic Development Council Inc.

What is the revenue of Lincoln Economic Development Council Inc?

Lincoln Economic Development Council Inc's revenue in 2022 was $208,334.

Who are the executives of Lincoln Economic Development Council Inc and what are their salaries?


Here are 10 key members and their salaries:


Benjamin L Denny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie K Guice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Holland Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Love (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drake Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Ponder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Turnley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Carter (Legal Counse)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Speir (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lincoln Economic Development Council Inc?

Lincoln Economic Development Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lincoln Economic Development Council Inc

Lincoln Economic Development Council Inc is dedicated to meeting the economic development needs of its community and parish. This mission is accomplished through a collaborative approach, involving strategic initiatives, the retention and growth of local businesses, the creation of new quality jobs, and capitalizing on opportunities for improvement. By implementing these strategies, the council aims to enhance the economic well-being of the community.

One of the ways Lincoln Economic Development Council Inc contributes to its mission is by supporting projects that improve the community's infrastructure. For instance, the council is involved in the City of Ruston's Sidewalk Project, which is developing walking and biking trails. These trails not only provide residents with a healthier mode of transportation but also offer easy access to healthcare facilities and various retail shopping areas. Furthermore, the council provides access to outdoor fitness equipment, contributing to the overall health and wellness of the community.

In summary, Lincoln Economic Development Council Inc is a nonprofit organization that is committed to improving the economic development of its community and parish. Through collaboration, strategic initiatives, and the support of local businesses, the council works towards the creation of new quality jobs and the enhancement of the community's infrastructure. By providing convenient access to healthcare facilities, retail shopping areas, and outdoor fitness equipment, the council is dedicated to improving the overall quality of life for its community members.

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Impact




October, 2024

The Lincoln Economic Development Council Inc plays a vital role in enhancing the economic landscape of Ruston, LA, and its surrounding parish. By focusing on strategic initiatives, it collaborates with various stakeholders to address the economic development needs of the community. The organization prioritizes the retention and growth of local businesses, fostering an environment conducive to entrepreneurship and job creation.

A significant project spearheaded by the council is the city's sidewalk initiative, which not only improves infrastructure but also promotes healthier lifestyles. This project develops walking and biking trails, providing residents with better access to healthcare facilities and retail areas. Additionally, it includes outdoor fitness equipment, encouraging physical activity and community engagement.

Overall, the Lincoln Economic Development Council Inc effectively captures opportunities for improvement within the community, making impactful strides toward economic vitality and a higher quality of life for residents.




This information is meant to be a general summary of Lincoln Economic Development Council Inc. 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
$208,334 (2022)
Expenses
$588,609 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $208,334

Assets and Liabilities:

  • Total Assets: $586,308
  • Total Liabilities: $0
  • Net Assets: $586,308

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Organization Details

Founding Year

2010

Principal Officer

James D Holland Iii

Main Address

PO BOX 2069, RUSTON, LA, 71270

NTEE Category

Code: S30 - Community improvement

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