Lake Francis Case Development Corporation

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

EIN: 460371813 ✦ Chamberlain, SD ✦ Designated as a 501(c)(3)

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Overview

What is Lake Francis Case Development Corporation?

Lake Francis Case Development Corporation is a nonprofit organization situated in the vicinity of Chamberlain, South Dakota. Its primary objective is to foster growth and development within the area by attracting businesses seeking expansion and individuals contemplating relocation. The corporation achieves this by promoting the region's advantages and opportunities to both groups. In essence, Lake Francis Case Development Corporation plays a crucial role in stimulating development and growth in the Chamberlain area.

Is Lake Francis Case Development Corporation legitimate?

Lake Francis Case Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Francis Case Development Corporation 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: $35,385

For more financial information, click here

What is the mission statement of Lake Francis Case Development Corporation?

The Lake Francis Case Development Corporation's mission is centered around fostering development in the area. They actively work to attract businesses looking to expand and individuals considering relocation, by promoting the region's prospects. Their primary objective is to stimulate growth and development within the community. They have been successful in promoting the area to businesses and potential residents, aiming to enhance its developmental potential.

What is the revenue of Lake Francis Case Development Corporation?

Lake Francis Case Development Corporation's revenue in 2024 was $171,269.

Who are the executives of Lake Francis Case Development Corporation and what are their salaries?

The average compensation at Lake Francis Case Development Corporation during 2024 was $35,385. There is 1 employee at Lake Francis Case Development Corporation.

Here are 9 key members and their salaries:


Chaz Bower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Haugen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Mcmanus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Miller (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Permann (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christie Rasmussen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Rasmussen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Stone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Vandenbosch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Francis Case Development Corporation?

Lake Francis Case Development Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Lake Francis Case Development Corporation

Lake Francis Case Development Corporation is dedicated to fostering growth and advancement within its surrounding area. The primary objective of this organization is to attract businesses seeking expansion and individuals considering relocation to the region. By promoting the area, Lake Francis Case Development Corporation aims to stimulate development and create a thriving community. The corporation's mission is to serve as a catalyst for change, encouraging both businesses and individuals to invest in and contribute to the area's growth and prosperity.

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Impact




October, 2024

Lake Francis Case Development Corporation plays a crucial role in fostering economic growth and community improvement in Chamberlain, South Dakota. By actively promoting the region to potential businesses looking to expand and to individuals considering relocation, the organization enhances interest in local development opportunities. Their efforts attract investment and tourism, contributing to a vibrant local economy.

Through targeted outreach initiatives, the corporation showcases the unique advantages of Chamberlain, thereby creating a welcoming environment for both new residents and businesses. This not only boosts local employment and commerce but also enriches the community's social fabric. Overall, their commitment to promoting the area fosters a sense of pride among residents and encourages collaborative efforts to build a prosperous future.




This information is meant to be a general summary of Lake Francis Case Development Corporation. 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
$171,269 (2024)
20112012201320142015201620172018201920202021202220232024$-105k$0$105k$210k$315k
Expenses
$69,367 (2024)
20112012201320142015201620172018201920202021202220232024$0$90,000$180k$270k$360k
Efficiency
20112012201320142015201620172018201920202021202220232024-415.05%-265.05%-115.05%34.95%253%

Other financial information:

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

  • Investment Income: $11,719
  • Program Service Revenue: $600
  • Gross Receipts: $171,269

Assets and Liabilities:

  • Total Assets: $278,099
  • Total Liabilities: $1,536
  • Net Assets: $276,563

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$600

Organization Details

Principal Officer

Jason Stone

Main Address

107 PLUM DRIVE, CHAMBERLAIN, SD, 57325

NTEE Category

Code: S30 - Community improvement

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