Heart Of Lebanon Inc is located in Lebanon, IN. The organization was established in 2016. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Lebanon 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 12/2022, Heart Of Lebanon Inc generated $120.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $133.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EVENTS HELD TO ENRICH THE DOWNTOWN HISTORIC DISTRICT TO ENHANCE ITS VIBRANCY AND QUALITY OF LIFE FOR THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Corey Lutz President | 0 | $0 | |
Kelly Avenatti Treasurer | 0 | $0 | |
Tracy Creek Secretary | 0 | $0 | |
Lexy Britt Director | 0 | $0 | |
Heather Schaller Director | 0 | $0 | |
Patrick Klooz Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $102,358 |
Total Program Service Revenue | $18,309 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $120,667 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $53,152 |
Professional fees and other payments to independent contractors | $7,058 |
Occupancy, rent, utilities, and maintenance | $12,200 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $61,236 |
Total expenses | $133,646 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,033 |
Other assets | $0 |
Total assets | $58,033 |
Total liabilities | $0 |
Net assets or fund balances | $58,033 |
Over the last fiscal year, we have identified 1 grants that Heart Of Lebanon Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
The Jernigan Foundation Olympia, WA PURPOSE: SUPPORT ORGANIZATION'S PROGRAM ASSISTING SYRIAN REFUGEES. | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Milwaukee Economic Development Corp Milwaukee, WI | $129,937,785 | $4,507,113 |
The Center Of Workforce Innovations Inc Valparaiso, IN | $2,958,255 | $14,608,336 |
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |
Capitalplus Exchange Corporation Skokie, IL | $2,405,541 | $1,079,242 |