Overview
What is Lennox Area Development Corp?
Lennox Area Development Corp is a nonprofit organization situated in Lennox, South Dakota, with a primary focus on promoting business and residential growth in the city. Founded with the mission to develop Lennox, South Dakota, the corporation encourages local development and expansion, aiming to foster a thriving community. The exact activities and initiatives undertaken by the organization are not explicitly stated in the information provided, but it is clear that they are dedicated to the betterment and growth of Lennox.
Is Lennox Area Development Corp legitimate?
Lennox Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lennox Area 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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What is the mission statement of Lennox Area Development Corp?
The Lennox Area Development Corp was established with the primary objective of fostering growth in both business and residential sectors. Its mission is centered around promoting development within the city, without specifying a particular location. The organization's activities are geared towards encouraging expansion and progress in the community, contributing to its overall growth and improvement.
Who is the CEO of Lennox Area Development Corp?
Chad Conaway is the Treasurer of Lennox Area Development Corp.
What is the revenue of Lennox Area Development Corp?
Lennox Area Development Corp's revenue in 2022 was $9,472.
Who are the executives of Lennox Area Development Corp and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Lennox Area Development Corp?
Lennox Area Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lennox Area Development Corp
Lennox Area Development Corp, established with a mission in mind, was organized primarily for the development of the city of Lennox, South Dakota. This nonprofit corporation's purpose is to foster both business and residential growth within the city, aiming to contribute positively to its overall development. By encouraging growth in these two vital sectors, Lennox Area Development Corp aims to shape the city's future in a sustainable and prosperous manner.
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Impact
October, 2024
Lennox Area Development Corp plays a pivotal role in fostering economic and residential growth in Lennox, South Dakota. By focusing on the development of the city, it actively encourages the establishment and expansion of businesses, which in turn creates job opportunities and enhances the local economy. The organization's mission revolves around stimulating interest and investment in the community, helping to modernize infrastructure, and ensuring a thriving environment for residents and entrepreneurs alike. This commitment not only aids in attracting new residents to the area but also strengthens the community's overall vitality and appeal.
This information is meant to be a general summary of Lennox Area 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: $9,472
- Gross Receipts: $9,472
Assets and Liabilities:
- Total Assets: $1,018,816
- Total Liabilities: $0
- Net Assets: $1,018,816
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Organization Details
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