Mission
LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING, ADVANCING, AND ENCOURAGING THE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF LUCAS COUNTY AND THE SURROUNDING AREA.
Public Charity
LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION
LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION is a Public Charity headquartered in TOLEDO, OH. Financial data from the 2024 filing: $5.1M revenue, $5.1M expenses, $88.1M total assets. 2 publicly reported grants to this organization, totaling roughly $35K, appear in IRS filings.
EIN: 421711239
TOLEDO, OH
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$5.1M
Total Expenses$5.1M
Total Assets$88.1M
Grant Records2
Funding Total$35K
Filing Years2019–2024
Where $100 goes at Lucas County Economic Development Corporation
How Lucas County Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$79
As the designated community improvement corporation for the lucas county commissioners, the Lucas County Economic Development Corporation (lcedc) works to promote the industrial, economic, commercial, and civic development…
$14
Toledo jeep fest conducted a community event to promote decades of jeep's partnership with the city of Toledo
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$25,000
GENERAL SUPPORT
$10,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
OUTGOING PRESIDENT
Doug Born
TREASURER
Jessica Ford
VICE PRESIDENT
Kimberly Cutcher
BOARD MEMBER
Lisa Sobecki
PRESIDENT
Matthew S Heyrman
CHAIRMAN
Neal Mahoney
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.1M | $5.1M | $88.1M |
| 2023 | $4.6M | $3.2M | $44.4M |
| 2022 | $2.0M | $1.9M | $43.3M |
| 2020 | $543K | $3.8M | $40.4M |
| 2019 | $3.2M | $1.3M | $6.7M |
Between 2019 and 2024, reported annual revenue grew from $3.2M to $5.1M (+59%), with total assets most recently reported at $88.1M.
Interactive year-over-year charts and full filing details available with membership.