Michigan · Nonprofit
LAPEER DEVELOPMENT CORPORATION
LAPEER DEVELOPMENT CORPORATION (Michigan) receives grants from 3 organizations whose IRS filings report $85,460 to it, the largest being Flint and Genesee Group Foundation ($43,960). 2 of them have funded it in more than one year.
- Revenue FY2025
- $448k
- Funders on record
- 3
- Grants received
- $85k
- Net assets
- $856k
What Lapeer Development Corporation does
Mission
To lead and coordinate economic development throughout lapeer county and to provide a link between federal, state and local governments and businesses interested in locating or expanding in lapeer county michigan. The Lapeer Development Corporation will act as a liason between public and private sectors to obtain the necessary assistance for a project.
As stated on its FY2025 Form 990.
Programs
Furthering economic development to the benefit of lapeer county
$264,705 spent97% of program spendingEconomic club activities promoting interaction of members with a concentration on providing top quality speakers to address economic issues and trends.
$8,690 spent3% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $273,395.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $780k to $947k (+21%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
9% of LAPEER DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Leanne Panduren
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $5k.
From the IRS filings of LAPEER DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LAPEER DEVELOPMENT CORPORATION leans on a few funders — its largest provides 51% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LAPEER DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 75% · 2021 67% · 2022 100% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of LAPEER DEVELOPMENT CORPORATION's grant income comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LAPEER DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like LAPEER DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LAPEER DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LAPEER DEVELOPMENT CORPORATION?
- LAPEER DEVELOPMENT CORPORATION (Michigan) receives grants from 3 organizations whose IRS filings report $85,460 to it, the largest being Flint and Genesee Group Foundation ($43,960). 2 of them have funded it in more than one year.
- How many funders does LAPEER DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $85,460 in grants to LAPEER DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of LAPEER DEVELOPMENT CORPORATION?
- Flint and Genesee Group Foundation is the largest funder on record, with $43,960 in grants. The full list of funders is on this page.
- How can an organization like LAPEER DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing