52
Lapeer Development Corporation
Community Development · Lapeer, Michigan
449 Mccormick Dr, Lapeer, MI 48446-2555
EIN: 382380236· Founded: Jan 2008· 18 years active· Filing Year: 2023
Annual Revenue
$178K
Total Expenses
$233K
Total Assets
$715K
Program Spending
59%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$123K
52.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$40K
Total Payroll
$163K
70% of total expenses
Where the Money Goes
59%
Programs: 59%
Payroll: 70%
Other overhead: 41%
Program Revenue$136K (76%)
Total Expenses$233K (100%)
Payroll$163K (70%)
Overhead (non-program)41%
Trust Score Breakdown
Program Spending Ratio
59% of expenses go to programs
Revenue & Stability
$178K annual revenue
Executive Compensation
$123K total officer comp (52.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$715K in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.