Overview

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Est.

1984

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Lawrence Economic Development Corporation (EIN: 31-1075744) is dedicated to promoting economic development in the City of Ironton and Lawrence County, Ohio. With an operating budget of $5.2 million and total revenue of $10.1 million for the filing year 2024, the organization acts as the designated agent for providing governmental assistance to businesses and fostering general economic growth in the region. Notably, a significant portion of its funding, amounting to $943.7 million, is categorized as unknown, indicating that it does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.lawrencecountyoHio.org.

Mission Statement

To promote economic development in the City of Ironton and the County of Lawrence, Ohio to act as the designated agent for providing governmental assistance to business enterprise and to promote the general economic development
Revenues
$10.1M
Expenses
$5.2M
Net Income:
+$4.8M
Assets
$67.1M
Liabilities
$11M
Net Assets:
+$56.1M
Operating Budget
$5.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$542.8K
Largest grant received
$542.8K
M
Matt Manns
Board Member
J
Jesse Layne
Board Member
C
Carl Grover
Board Member

Frequently Asked Questions

What is LAWRENCE ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, LAWRENCE ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $5.2 million. More detailed financial information is available to registered users.
What causes does LAWRENCE ECONOMIC DEVELOPMENT CORPORATION support?
LAWRENCE ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does LAWRENCE ECONOMIC DEVELOPMENT CORPORATION operate?
LAWRENCE ECONOMIC DEVELOPMENT CORPORATION is headquartered in South Point, OH.
Who funded LAWRENCE ECONOMIC DEVELOPMENT CORPORATION recently?
In 2023, LAWRENCE ECONOMIC DEVELOPMENT CORPORATION received grants from JOBSOHIO, JOBSOHIO, and JOBSOHIO. More information on this organization’s funders is available to registered users.
What is the largest grant LAWRENCE ECONOMIC DEVELOPMENT CORPORATION received in 2023?
The largest grant to LAWRENCE ECONOMIC DEVELOPMENT CORPORATION in 2023 exceeds $543 thousand.
What is LAWRENCE ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
LAWRENCE ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 10% of their total revenue in 2024.