2024-11-02T13:03:49-04:00 2023-12-31 251570881 Mark C Turnley CPA 1000 3rd Avenue New Brighton PA 15066 990 2023-01-01 256028031 Lawrence County Economic Development Corp LAWR 325 East Washington Street New Castle PA 16101 Eric Karmecy President 7246581488 2024-05-09 true true Mark C Turnley P01456728 7243841081 2024-11-02 X 2023 2024-10-15 13:58:12Z Eric Karmecy 4056402 false X www.lawrencecounty.com X 1955 PA To transform lives by serving as a creative force that promotes excellence in leadership, coordination, and orderly business development 18 18 0 0 0 2595018 216144 58404 35600 28989 37763 379770 3766895 3062181 4056402 0 0 0 0 0 2643599 671398 2643599 671398 418582 3385004 8868040 12133077 7228264 7108297 1639776 5024780 To transform lives by serving as a creative force that promotes excellence in leadership, coordination, and orderly business development 433783 16144 36500 Advance our economy: Promote and enhance a vibrant, diverse, and sustainable economy and local quality of life, while positioning the county and surrounding region for long term success. 54223 Develop leaders & county-wide cooperation: Promote and enhance the skillsets needed to communicate effectively and overcome common challenges. 54223 Develop a single actionable county-wide vision: Promote and enhance efforts designed to create a streamlined vision for Lawrence County that reduces deuplicate efforts 542229 true true false false false false false false false false true false true false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 18 18 false false false false true true true true true false false true true true true false false true true false false X Diane Richardson 7246581488 325 East Washington Street New Castle PA 16101 X Lisa Nentwick Board Member 1.00 0.00 X 0 0 0 Loretta Spielvogel Board Member 1.00 0.00 X 0 0 0 Jon Natale Board Member 1.00 0.00 X 0 0 0 Justin Bruce Board Member 1.00 0.00 X 0 0 0 Tom Giordano Board Member 1.00 0.00 X 0 0 0 Zachary Lenhart Board Member 1.00 0.00 X 0 0 0 Mark Tomaszewski Board Member 1.00 0.00 X 0 0 0 Stephen Vitale Board Member 1.00 0.00 X 0 0 0 John Cournan Board Member 1.00 0.00 X 0 0 0 Ethan Russell Board Member 1.00 0.00 X 0 0 0 Stephen Sant Board Member 1.00 0.00 X 0 0 0 Jonathan Bruce Board Member 1.00 0.00 X 0 0 0 Kathy Richardson Board Member 1.00 0.00 X 0 0 0 Frank Moses Board Member 1.00 0.00 X 0 0 0 Judy Shaffer Secretary 2.00 0.00 X X 0 0 0 Craig Bicehouse Vice President 2.00 0.00 X X 0 0 0 Eric Karmecy President 2.00 0.00 X X 0 0 0 Sam Huston Treasurer 2.00 0.00 X X 0 0 0 0 0 0 0 false false false 16144 200000 216144 Management Fees 541900 18000 18000 Bookkeeping Fees 541900 3000 3000 Program Admin Fees 541900 14600 14600 35600 37763 37763 51586 51586 343309 343309 343309 343309 Revaluation Increase 900099 3372000 3372000 3372000 4056402 3802495 0 37763 11569 11569 44221 35377 8844 7500 6000 1500 76 61 15 55897 44717 11180 73000 58400 14600 15148 12118 3030 Grounds Maintenance 13987 13987 Contracted Services 450000 360000 90000 671398 542229 129169 0 1483875 1572464 245536 145437 1094325 1232564 8078 6758 84737 84737 6036226 9175854 8868040 12133077 913294 983129 1500 1500 6291345 6051543 22125 72125 7228264 7108297 X 1639776 5024780 1639776 5024780 8868040 12133077 3385004 0 X false true X true false X 226106 271246 371511 645018 216144 1730025 226106 271246 371511 645018 216144 1730025 386006 1344019 375597 288376 339423 408759 432658 1844813 3574838 0.37600 0.41720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84737 84737 Millennium Technology Park 3857000 C Millennium Multi-Tenenat 2692849 C Riverview Commerce Park 16248 C Shenango Industrial Park 134029 C Waldmans Meats Facility 7575 C Real Estate PIDA 2451543 C Cedar Street Facility 16610 C 9175854 Security Deposit 22125 Due to Chamber of Commerce 50000 72125 X 4056402 4056402 4056402 671398 671398 671398 Footnote for uncertain tax position under FIN 48 (Part X) The audited financial statements of the Lawrence County Economic Development Corporation (LCEDC) for the year ended December 31, 2023 contain a footnote disclosure regarding uncertain tax positions. As of December 31, 2023, the LCEDC has no uncertain tax positions. Members or stockholder classes and rights Part VI line 6 The board has the right to participate in the organizations goverance. Member election for additional members Part VI line 7a The members consist of the board of directors as well as board members. All board members share equal voting rights and are elected for three year term Governing body decisions Part VI line 7b The board members share equal voting rights on policy and operational matters Form 990 governing body review Part VI line 11 Form 990 is prepared on a collaborative basis between the organizations audit firm and the administration of the Lawrence County Economic Development Corporation. After thorough review of the Form 990 and comparision of the independent audit report, the Form 990 is filed with the IRS. A copy of which is maintained in the business office for the review by the finance committee and all of the other members of the board of directors. Conflict of interest policy compliance Part VI line 12c The Lawrence County Economic Development Corporation,as part of its code of ethics, requires a copy of the conflict of interest policy to be signed by each officer, director, employee, consultant and independent contractor of the corporation. CEO executive director top management comp Part VI line 15a The Lawrence County Economic Development Corporation board of directors evaluate the performance of the executive director on an annual basis. The executive director is responsible for making recommendations for staff hirings. The executive committee determines compensation for all employees Other officer or key employee compensation Part VI line 15b The Lawrence County Economic Development Corporation board of directors evaluate the performance of the executive director on an annual basis. The executive director is responsible for making recommendations for staff hirings. The executive committee determines compensation for all employees. Governing documents etc available to public Part VI line 19 The Lawrence County Economic Development Corporation makes its governing documents, conflict of interest policy and financial statements available to the public by written request and after reviewed by the corporations attorney