Lester Development Foundation
- Assets
- $39.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lester, IA
- Founding
- Data as of
- 12/2023
- EIN
- 88-2024531
Organization Overview
Lester Development Foundation is located in Lester, IA. According to its NTEE Classification (S30) the organization is classified as: 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. Lester Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ECONOMIC DEVELOPMENT GRANTS GIVEN TO THE LESTER DEVELOPMENT CORPORATION FOR THE EXPANSION OF AFFORDABLE HOUSING TO PROMOTE GROWTH IN THE CITY OF LESTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Gerber President | 2 | $0 | |
Daniel Moser Vice President | 1 | $0 | |
Sue Fluit Treasurer | 1 | $0 | |
Josh Metzger Secretary | 1 | $0 | |
Darin Knobloch Director | 1 | $0 | |
Kristi Ageson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,360 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $70 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $375,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,006 |
| Other assets | $0 |
| Total assets | $39,006 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,006 |