2026-01-31T10:08:53-05:00 2025-06-30 510202843 LANK JOHNSON & TULL CPAS 521 N MARKET ST EXT SEAFORD DE 19973 990 2024-07-01 510344804 LAUREL REDEVELOPMENT CORPORATION LAUR 3028750601 P O BOX 333 LAUREL DE 199560333 BARRY MORRISON PRESIDENT 3028750601 2025-01-31 true true RICHARD L TULL CPA P00158719 3026299543 2026-01-31 2024 2025-03-06 01:10:19Z BARRY MORRISON PO BOX 333 LAUREL DE 19956 730514 false X WWW.LAURELREDEVELOPMENT.COM X 1992 DE REVITALIZING DOWNTOWN LAUREL, DE 10 10 1 9 0 4596 35900 0 87477 21370 8073 8515 100146 65785 5300 3965 0 86284 86600 0 0 -8117 -2999 83467 87566 16679 -21781 4742885 5395274 1829539 2505597 2913346 2889677 REVITALIZING DOWNTOWN LAUREL, DE false false 87566 3965 THE CORPORATION HAS ACQUIRED SEVERAL PROPERTIES IN DOWNTOWN LAUREL FOR THE PURPOSE OF REHABILITATING THE TOWN OF LAUREL. THE EXPENSES INCURRED RELATE TO THESE PROPERTIES. THE PROPERTIES ARE THEN RENTED TO NEW BUSINESSES, THUS REVITALIZING PART OF DOWNTOWN LAUREL. 87566 true true false false false false false false false false true false false 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 true false false false false false false false false true 8 0 1 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false false false false false true false X BRIAN SHANNON 3028750601 PO BOX 333 LAUREL DE 19956 BRIAN SHANNON EXECUTIVE DI 40.00 X 75000 0 0 EDWARD L FOWLER DIRECTOR X 0 0 0 ANN LEE SECRETARY X X 0 0 0 EDWARD LEWANDOWSKI DIRECTOR X 0 0 0 BILL MCGOWAN DIRECTOR X 0 0 0 BARRY MORRISON PRESIDENT 10.00 X X 0 0 0 MATT PARKER DIRECTOR X 0 0 0 H DONOVAN PHILLIPS VICE-PRESIDE X X 0 0 0 MELINDA TINGLE DIRECTOR X 0 0 0 ARTEZ WEST DIRECTOR X 0 0 0 ROBERT WHEATLEY DIRECTOR X 0 0 0 75000 false false false 5000 30900 29900 35900 38188 38188 16036 7911 8125 8125 8125 640000 656818 -16818 -16818 -16818 CREDIT CARD REWARDS CASHED IN 390 390 390 65785 -16818 46703 3965 3965 75000 75000 5311 5311 552 552 5737 5737 4990 4990 -66368 -66368 395 395 4516 4516 13804 13804 4313 4313 38 38 1776 1776 10719 10719 EVENTS 7358 7358 ROSEMONT OPERATIONS 7056 7056 TAXES 6042 6042 TELEPHONE 2097 2097 265 265 87566 87566 0 0 79618 239585 1305822 412339 763363 722310 1511370 405801 1192598 1105569 1401484 2915471 4742885 5395274 4685 61681 1574854 1634528 250000 808888 500 1829539 2505597 X 2913346 2889677 2913346 2889677 4742885 5395274 -21781 -1888 X false false false X 18500 841165 546077 4596 35900 1446238 18500 841165 546077 4596 35900 1446238 1446238 168032 59261 11300 13000 54224 305817 390 390 1752445 178142 0.82530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 753002 753002 745142 392575 352567 13226 13226 1105569 CONSTRUCTION IN PROGRESS 2906573 PREPAID EXPENSES 8378 ORGANIZATION EXPENSES 520 2915471 SECURITY DEPOSITS 500 500 X 1 29900 false false false FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 BEFORE AUTHORIZING THE E-FILING. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL FOR THE EXECUTIVE DIRECTOR/PROPERTY MANAGER. ONLY WHEN AN INCREASE OR CHANGE IS DEEMED NECESSARY, THE BOARD WILL REVIEW AND DISCUSS THE COMPENSATION. THE BOARD WILL THEN VOTE ON APPROVAL OF THE PROPOSED CHANGES, THIS IS NOT DONE ANNUALLY OR ON A REGULAR BASIS, BUT ONLY WHEN NEEDED. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS OF THIS ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. A WRITTEN REQUEST MUST BE SUBMITTED TO THE SECRETARY WHO WILL THEN PROVIDE A COPY OF THE REQUESTED DOCUMENTS TO THE REQUESTOR IN A TIMELY MANNER.