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Lamoni Development Corporation

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

EIN: 472809629 ✦ Lamoni, IA ✦ Designated as a 501(c)(3)

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Overview

What is Lamoni Development Corporation?

Lamoni Development Corporation, located in Lamoni, Iowa at 901 West Main Street, is a nonprofit entity with an unspecified mission or activity. While the description provided in the information does not provide insight into their purpose, we can infer that they likely contribute to community development or improvement in some capacity, given the common use of the term "development" in nonprofit organization names. With further research or information, the specifics of their mission and activities can be determined.

Is Lamoni Development Corporation legitimate?

Lamoni Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamoni Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Lamoni Development Corporation?

Lamoni Development Corporation does not have an explicitly stated mission described in the provided information. However, based on the activity or mission description being empty, it can be inferred that the corporation may not have a publicly declared mission at this time. If additional information becomes available, a more detailed response can be provided. For now, it remains unclear what Lamoni Development Corporation aims to achieve or what activities it engages in.

Who is the CEO of Lamoni Development Corporation?

Jared Doty is the President of Lamoni Development Corporation.

What is the revenue of Lamoni Development Corporation?

Lamoni Development Corporation's revenue in 2022 was -$948.

Who are the executives of Lamoni Development Corporation and what are their salaries?


Here are 16 key members and their salaries:


Jared Doty (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Higdon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Morain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Henderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherri Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Fulton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonita Booth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Coffelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Draves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Higdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jordison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alysha Van Laar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Millslagle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Omstead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lamoni Development Corporation?

Lamoni Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Lamoni Development Corporation

Lamoni Development Corporation, as per the provided information, does not have a clearly defined mission or activity description stated. Therefore, I'm unable to provide a summarized and paraphrased version of their mission in this instance.

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Impact




October, 2024

Lamoni Development Corporation has a significant impact on the community by focusing on various initiatives aimed at fostering economic growth and enhancing the quality of life for residents in Lamoni, Iowa. The organization's efforts are centered around community improvement, which involves supporting local businesses, promoting entrepreneurship, and improving public amenities. By facilitating partnerships and providing resources, the corporation plays a vital role in revitalizing the local economy, attracting new investments, and creating job opportunities. Additionally, Lamoni Development Corporation's initiatives contribute to a stronger sense of community and encourage civic engagement among residents, ultimately leading to a more vibrant and sustainable environment for all.




This information is meant to be a general summary of Lamoni 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
-$948 (2022)
Expenses
$46,859 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,117
  • Gross Receipts: $59,515

Assets and Liabilities:

  • Total Assets: $430,134
  • Total Liabilities: $261,989
  • Net Assets: $168,145

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Organization Details

Principal Officer

Jared Doty

Main Address

901 WEST MAIN ST, LAMONI, IA, 50140

NTEE Category

Code: S31 - Community improvement

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