Leadership Lake County Inc
- Assets
- $168.4k
- Revenue
- $379.3k
- Investments
- $85.5k
- Employees
- 5
- Location
- Mentor, OH
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 34-1523145
Organization Overview
Leadership Lake County Inc is located in Mentor, OH. The organization was established in 1987. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Leadership Lake County Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Lake County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Leadership Lake County Inc generated $379.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $402.5k during the year ending 06/2022. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADERSHIP LAKE COUNTY DEVELOPS AND ENGAGES PRESENT AND FUTURE LEADERS TO BECOME COMMITTED TO SOCIAL, ECONOMIC AND CIVIC EXCELLENCE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SIGNATURE PROGRAM IS DESIGNED FOR ESTABLISHED PROFESSIONALS IN PREPARATION FOR LEADERSHIP SERVICE WITHIN AN ORGANIZATION AND SERVICE ON NON-PROFIT BOARDS AND AS COMMUNITY LEADERS. THE PROGRAM OFFERS OPPORTUNITIES TO ESTABLISH RELATIONSHIPS ACROSS INDUSTRIES AND INTERESTS AMONG CLASS MEMBERS, ALUMNI AND COMMUNITY MEMBERS. SIGNATURE PROGRAM PARTICIPANTS GAIN AN IN-DEPTH UNDERSTANDING OF THE ASSETS AS WELL AS THE CHALLENGES FACING LAKE COUNTY AND OUR REGION AS THEY ARE IMMERSED IN EXPERIENTIAL DAYS THAT FOCUS ON INDUSTRY SECTORS AND LEADERSHIP SKILL DEVELOPMENT. PROGRAM DAY THEMES INCLUDE EDUCATION, GOVERNMENT, HEALTH AND HUMAN SERVICES, BUSINESS AND LABOR, PUBLIC SAFETY AND JUSTICE AND QUALITY OF LIFE.
THE JUNIOR LEADERSHIP PROGRAM IS DESIGNED FOR HIGH SCHOOL JUNIORS TO ACQUIRE LEADERSHIP SKILLS AND INCREASE CIVIC ENGAGEMENT. THE PROGRAM FOCUSES ON SKILL DEVELOPMENT INCLUDING COLLABORATION, CRITICAL THINKING, COMMUNICATION, CREATIVITY, LIFE AND CAREER SKILLS, AND INFORMATION TECHNOLOGY SKILLS. MONTHLY PROGRAM DAYS PROVIDE STUDENTS WITH A BEHIND-THE-SCENES LOOK AT LAKE COUNTY THROUGH ON-SITE VISITS, GUEST SPEAKERS AND EXPERIENTIAL LEARNING ACTIVITIES. STUDENTS ARE INTRODUCED TO VARIOUS SECTORS OF THE COUNTY INCLUDING GOVERNMENT, HEALTH AND HUMAN SERVICES, BUSINESS AND RECREATION.
THE ALUMNI PROGRAM PROVIDES OPPORTUNITIES FOR NETWORKING, EDUCATION AND CIVIC ENGAGEMENT TO GRADUATES OF ALL LEADERSHIP LAKE COUNTY PROGRAMS. NETWORKING OPPORTUNITIES ARE HOSTED AND LED BY ALUMNI COMMITTEE MEMBERS EACH MONTH. THE PROGRAM ALSO BRINGS IN LOCAL AND NATIONAL THOUGHT LEADERS FOR ALUMNI AS WELL AS MEMBERS OF THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessie G Baginski President/ceo | Trustee | 40 | $85,808 |
Laurie Principe Chair | Officer | 1 | $0 |
Ann Mahler Secretary | Officer | 1 | $0 |
Ed Brown Treasurer | Officer | 1 | $0 |
Clark Gerber Chair Elect | Officer | 1 | $0 |
Beth Falkner-Brown Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,363 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,188 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,551 |
| Total Program Service Revenue | $232,353 |
| Investment income | $2,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,830 |
| Net Income from Fundraising Events | $19,578 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $379,298 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,089 |
| Compensation of current officers, directors, key employees. | $14,563 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,776 |
| Payroll taxes | $12,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,922 |
| Advertising and promotion | $6,998 |
| Office expenses | $10,351 |
| Information technology | $7,745 |
| Royalties | $0 |
| Occupancy | $8,100 |
| Travel | $1,880 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,696 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67 |
| Insurance | $1,657 |
| All other expenses | $65,869 |
| Total functional expenses | $402,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,019 |
| Savings and temporary cash investments | $37,946 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $85,485 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,947 |
| Total assets | $168,397 |
| Accounts payable and accrued expenses | $7,396 |
| Grants payable | $0 |
| Deferred revenue | $68,274 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $75,670 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $92,727 |
| Total liabilities and net assets/fund balances | $168,397 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Leadership Lake County Inc has recieved totaling $27,490.
| Awarding Organization | Amount |
|---|---|
Martha Holden Jennings Foundation Cleveland, OH PURPOSE: A-68-21 2022 YOUTH PROGRAMS | $15,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,448 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Endowment Analysis
| Beg. Balance | $10,706 |
| Earnings | $11 |
| Ending Balance | $10,717 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brighton Center Inc Newport, KY | $9,970,830 | $13,102,096 |
Center For Leadership Development Inc Indianapolis, IN | $25,737,944 | $9,330,361 |
Kentucky Coalition Inc London, KY | $8,646,468 | $2,988,412 |
Leadership Louisville Foundation Incorporated Louisville, KY | $5,483,171 | $2,662,724 |
Philanthropi Charitable Philadelphia, PA | $994,404 | $2,131,591 |
Council Of State Governments Lexington, KY | $1,216,113 | $1,765,285 |
Leadership Inc Philadelphia, PA | $688,665 | $1,177,619 |
Northside Leadership Conference Pittsburgh, PA | $3,372,319 | $811,605 |
Advanced Leadership Institute Inc Pittsburgh, PA | $4,385,119 | $5,108,147 |
Economic Justice Alliance Of Michigan Detroit, MI | $947,402 | $217,506 |
Leadership Kentucky Foundation Inc Frankfort, KY | $2,285,909 | $1,078,544 |
Pittsburgh Leadership Foundation Oakmont, PA | $100,524 | $693,571 |