CSCharityScored
36

Lenawee Economic Development Corporation

Other · Adrian, Michigan

5285 W Us Highway 223 Ste A, Adrian, MI 49221-8488

EIN: 380284520· Founded: Dec 1944· 82 years active· Filing Year: 2023

Annual Revenue

$3.5M

Total Expenses

$3.4M

Total Assets

$8.2M

Program Spending

2%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$420K

Total Payroll

$420K

12% of total expenses

Where the Money Goes

2%
Programs: 2%
Payroll: 12%
Other overhead: 98%
Program Revenue$54K (2%)
Total Expenses$3.4M (98%)
Payroll$420K (12%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

2% of expenses go to programs

40%

Revenue & Stability

$3.5M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$8.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.