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Nonprofit · EIN 34-1836556

LORAIN GROWTH CORPORATION

Tax-exempt · LORAIN, OH 44052

Financials

$44K$48K2025
Revenue Expenses · by fiscal year end
Financials of LORAIN GROWTH CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$44,028$47,706-$3,678$52,779$0$52,779
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$44,028

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$47,706

Balance sheet and other

Total assets, start of year
$56,457
Total assets, end of year
$52,779
Total liabilities, end of year
$0
Net assets, end of year
$52,779
Cash, savings and investments
$52,779
Gross receipts
$44,028

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES LONGPRESIDENT3$0
DARRYL TUCKERVICE PRESIDENT2$0
WILLIAM RIVERATREASURER1$0
LOLLIE BANSEKSECRETARY1$0
REBECCA WISNIEWSKIBOARDMEMBER1$0

Address and contacts

Address (IRS master file)
301 BROADWAY AVENUE STE 101, LORAIN, OH 44052-1631
In care of
% WILLIAM RIVERA
Signed the 990-EZ
WILLIAM RIVERA, TREASURER
Phone
(440) 244-6503
Return prepared by
Navy Financial

Mission

Work with organizations to revitalize

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Work with organizations throughout the city of Lorain to revitalize the Downtown District.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
34-1836556
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$52,779
Income (IRS master file)
$44,028

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025–––IRS
990-EZDecember 2024–––IRS
990-EZDecember 2023$139,761$159,750$67,191IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about LORAIN GROWTH CORPORATION

What is the EIN of LORAIN GROWTH CORPORATION?
The employer identification number (EIN) of LORAIN GROWTH CORPORATION is 34-1836556.
Is LORAIN GROWTH CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to LORAIN GROWTH CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LORAIN GROWTH CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LORAIN GROWTH CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LORAIN GROWTH CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of LORAIN GROWTH CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does LORAIN GROWTH CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $44,028, expenses of $47,706 and total assets of $52,779 at year end.

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