Mission
TO ADMINISTER ECONOMIC DEVELOPMENT LOANS
Public Charity
LAKE COUNTRY DEVELOPMENT CORPORATION
LAKE COUNTRY DEVELOPMENT CORPORATION, of SOUTH HILL, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $149K in revenue, $26K in expenses.
EIN: 521227832
SOUTH HILL, VA
Latest filing: 2025
Total Revenue$149K
Total Expenses$26K
Grant Records0
Filing Years2021–2025
Where $100 goes at Lake Country Development Corporation
How Lake Country Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$95
Programs
the work itself
$5
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 $95 for programs
$95
Administration of eda and rural development irp/idg loan programs
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Andrew Nash
Treasurer
Brent Morris
Director
Charlie Simmons
Director
Claudia Lundy
President
David Brankley
Assistant Secre
Deborah Gosney
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $149K | $26K | — |
| 2024 | $144K | $28K | $3.8M |
| 2023 | $3.0M | $82K | $3.7M |
| 2022 | $19K | $32K | $3.7M |
| 2021 | $242K | $260K | $3.7M |
Between 2021 and 2025, reported annual revenue declined from $242K to $149K (-38%).
Interactive year-over-year charts and full filing details available with membership.