LAWRENCE COUNTY ECONOMIC GROWTH COUNCIL INC

BEDFORD, IN | Lawrence County
Economic Development

Overview

LAWRENCE COUNTY ECONOMIC GROWTH COUNCIL INC
35-2020138
1116 16TH ST
BEDFORD, IN 47421
Lawrence County
(812) 275-4493

Mission Statement info

TO COLLABORATIVELY PLAN FOR AND GUIDE THE ECONOMIC DEVELOPMENT OF LAWRENCE COUNTY, INDIANA. TO FACILITATE THE EXPANSION AND RETENTION OF EXISTING BUSINESS; TO AGGRESSIVELY RECRUIT NEW BUSINESS; AND TO SUPPORT THE DEVELOPMENT OF A QUALITY OF LIFE THAT MAKES LAWRENCE COUNTY A SUPERIOR PLACE TO LIVE, WORK AND RUN A BUSINESS.

Founded info
1997
Total Employees info
6
Total Volunteers info
65
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
S30

S - Community Improvement, Capacity Building

Economic Development

Organizations whose primary purpose is to stimulate the economy, expand employment opportunities, encourage the establishment and growth of commerce and industry and otherwise enhance the economic development of the community.

IRS Activity Codes info
994
Uncoded
400
Area development, redevelopment of renewal
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$395.6K
Revenue
$395.6K
Assets
$797.5K
Exempt Ruling Date info
1997-09
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
IN
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1116 16TH ST
BEDFORD, IN 47421
Lawrence County
FIPS Geocoded Address info
13260
MSA/CBSA info
18
State info
093
County info
9509.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Bedford, IN
Combined Statistical Area info
Bloomington-Bedford, IN
Metropolitan Division info
Not located in an MD.
Area Type info
Micropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
9509.00 Lawrence County
Population
Total Population 2,545 45,619
Total Households 1,030 18,487
Income
Median Family Income (Census*) $44,071 $52,092
Median Family Income (2019 FFIEC) $61,200 N/A
Tract Income Percentage 79.1% N/A
Below Poverty Level 14.2% 11.8%
Unemployment Level 4.9% 4.9%
Housing
Total Housing Units 1,292 21,117
Total Owner-Occupied Units 55.6% 77.6%
Total Renter-Occupied Units 24.1% 22.4%
Total Vacant Units 20.3% 9.7%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

17
Total Voting Members
in Governing Body
info
17
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Shance Sizemore
CEO
(812) 275-4493
Principal Officer info
Shance Sizemore
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.