Lakeshore Economic Coalition Inc in Detroit, Michigan (MI)

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Lakeshore Economic Coalition Inc
Employer Identification Number (EIN)141965851
Name of OrganizationLakeshore Economic Coalition Inc
In Care of NameTHOMAS E HARDIMAN
Address7310 Woodward Ave 5th Floor, Detroit, MI 48202
SubsectionCharitable Organization
Ruling Date08/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$20,976
Amount of Income$70,277
Form 990 Revenue Amount$70,277
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2014: $70,277 (it was $0 in 2012)
Lakeshore Economic Coalition Inc: 

 $70,277
Other organizations performing similar types of work: 

 $141,217

Assets in 2014: $20,976 (it was $0 in 2012)
Lakeshore Economic Coalition Inc: 

 $20,976
Other organizations performing similar types of work: 

 $121,026

Expenses in 2011: $1,286,619
Lakeshore Economic Coalition Inc: 

 $1,286,619
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2011: 0.1
Lakeshore Economic Coalition Inc: 

 0.1
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2011: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$70,277
Contributions, Gifts, Grants and Other Similar Amounts$70,277
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,286,619
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,286,619
Balance Sheet (for 2011)
Total assets$20,976
Total liabilities$0
Total net assets or fund balances$20,976
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,369,057
Gifts, grants, contributions, and membership fees received$1,369,057
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Vanguard Community Development Corporation2785 E Grand Blvd, Detroit, MI 48211-2003MI1995-01$966,487
3Invest Detroit Cde600 Renaissance Ctr Ste 1710, Detroit, MI 48243-1810MI2010-04$681,235
4Recoverypark8201 St Aubin St Ste 200, Detroit, MI 48211-1301MI2011-07$281,895
5Bay Future Inc721 Washington Ave Ste 309, Bay City, MI 48708-5724MI2012-05$272,061
6Inside Detroit Inc1253 Woodward Ave, Detroit, MI 48226-2006MI2009-01$254,597
7Hatch Detroit645 Griswold St Ste 2600, Detroit, MI 48226-4202MI2011-08$190,491
8Redford Brightmoor Initiative10000 Beech Daly Rd, Redford, MI 48239-2117MI2013-02$81,516
9Community Investment Support Fund1092 Woodward Ave, Detroit, MI 48226-1906MI2012-12$71,912
10Leaders Advancing Macomb Inc12900 Hall Rd Ste 350, Sterling Hts, MI 48313-1174MI2013-04$70,352
11Lakeshore Economic Coalition Inc7310 Woodward Ave 5th Floor, Detroit, MI 48202MI2007-08$70,277
12Sturgis Improvement Association112 S Monroe St, Sturgis, MI 49091MI2014-12$67,139
13Michigan Port Collaborative Foundation546 Phoenix St, South Haven, MI 49090MI2011-04$36,295
14Starting Over For Success S O S1215 Pritchardville Road, Hastings, MI 49058MI2009-04$15,519
15Sunrise Enterprise Foundation1438 Eastern Ave Se, Grand Rapids, MI 49507-2054MI1999-05$10,342
16Alkebu-Lan Village Community Development Corporation7701 Harper Ave, Detroit, MI 48213-2411MI2003-03$0
17Association For Brownfield Redevelopment Authorities2960 Interstate Pkwy, Kalamazoo, MI 49048-9600MI2014-09$0
18Children Saving Children Filmworks Co, Stacy Joyce622 E Blanchard Rd, Shepherd, MI 48883-9554MI2003-01$0
19City Living Detroit3430 E Jefferson Ave Ste 857, Detroit, MI 48207-4233MI2006-09$0
20Community Development Outreach3871 Andover Ave, Auburn Hills, MI 48326-3030MI2004-08$0
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

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