Skip to main content

Nonprofit · EIN 90-0889645

LAKE COUNTY LAND REUTILIZATION CORP

Tax-exempt · PAINESVILLE, OH 44077

Financials

$1.5M$1.8M2023$1.3M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of LAKE COUNTY LAND REUTILIZATION CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,298,578$1,670,570-$371,992$6,943,829$2,302$6,941,527
December 31, 2023990$1,507,562$1,769,791-$262,229$7,315,314$1,795$7,313,519
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$990,140
of which government grants
$990,140
Program service revenue
$185,250
Investment income
$123,188
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,516
Other salaries and wages
$61,440
Salaries, compensation and benefits (total)
$180,397
Professional fundraising fees
$0
Legal fees
$5,853
Accounting fees
$10,700
Occupancy
$5,850
Travel
$470
Depreciation
$2,913
Program services (functional)
$1,670,570

Balance sheet and other

Total assets, start of year
$7,315,314
Total assets, end of year
$6,943,829
Total liabilities, end of year
$2,302
Net assets, end of year
$6,941,527
Land, buildings and equipment
$13,724
Net assets without donor restrictions
$6,941,527
Gross receipts
$1,298,578
Employees
2
Year formed
2012

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOHN M ROGERSEXECUTIVE DI
Officer
40$92,516$12,617
MALCOLM A CHAFERBOARD MEMBER
Trustee or director
–$0$0
GABE CICCONETTIVICE-CHAIRMA
Trustee or director, Officer
–$0$0
JACK CORNACHIOBOARD MEMBER
Trustee or director
–$0$0
KENNETH FILIPIAKBOARD MEMBER
Trustee or director
–$0$0
JOHN HAMERCHECKBOARD MEMBER
Trustee or director
–$0$0
HON TIMOTHY S MANROSSCHAIRMAN
Trustee or director, Officer
–$0$0
RICHARD J REGOVICHBOARD MEMBER
Trustee or director
–$0$0
JEFF SHIBLEYBOARD MEMBER
Trustee or director
–$0$0
MICHAEL ZURENBOARD MEMBER
Trustee or director
–$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOHN M ROGERSEXECUTIVE DI
Officer
40$68,648
MALCOLM A CHAFERBOARD MEMBER
Trustee or director
1$0
GABE CICCONETTIVICE-CHAIRMA
Trustee or director, Officer
1$0
JACK CORNACHIOBOARD MEMBER
Trustee or director
1$0
KENNETH FILIPIAKBOARD MEMBER
Trustee or director
1$0
JOHN HAMERCHECKBOARD MEMBER
Trustee or director
1$0
HON TIMOTHY S MANROSSCHAIRMAN
Trustee or director, Officer
1$0
RICHARD J REGOVICHBOARD MEMBER
Trustee or director
1$0
JEFF SHIBLEYBOARD MEMBER
Trustee or director
1$0
MICHAEL ZURENBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
8 N STATE ST STE 215, PAINESVILLE, OH 44077-3955
Principal officer (990 for 2024)
JOHN M ROGERS, 8 N STATE ST STE 215, PAINESVILLE, OH 44077
Signed the 990
JOHN M ROGERS, EXECUTIVE DIRECTOR
Phone
(440) 350-2133
Return prepared by
NMS INC

Mission

HOLDS AND MANAGES VACANT, ABANDONED OR TAX-FORECLOSED REAL PROPERTY PENDING ITS RECLAMATION, REHABILITATION AND REUTILIZATION. THE COMPANY TAKES THE NECESSARY STEPS TO CLEAR TITLE OF THE PREVIOUSLY DESCRIBED PROPERTIES. THE COMPANY FURTHER ASSISTS OTHER GOVERNMENTAL ENTITIES WITH THE ASSEMBLY OF PROPERTIES FOR FUTURE DEVELOPMENT, WHILE ALSO ASSISTING OTHER NON-PROFIT AND FOR-PROFIT ENTITIES WITH REDEVELOPMENT, RENOVATION OR REVITALIZATION EFFORTS.

990 for the year ended December 31, 2024

Program accomplishments

  • HOLDS AND MANAGES VACANT, ABANDONED OR TAX-FORECLOSED REAL PROPERTY PENDING ITS RECLAMATION, REHABILITATION AND REUTILIZATION. THE COMPANY TAKES THE NECESSARY STEPS TO CLEAR TITLE OF THE PREVIOUSLY DESCRIBED PROPERTIES. THE COMPANY FURTHER ASSISTS OTHER GOVERNMENTAL ENTITIES WITH THE ASSEMBLY OF PROPERTIES FOR FUTURE DEVELOPMENT, WHILE ALSO ASSISTING OTHER NON-PROFIT AND FOR-PROFIT ENTITIES WITH REDEVELOPMENT, RENOVATION OR REVITALIZATION EFFORTS.
    Expenses $1,670,570 · revenue $399,326

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-0889645
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,943,829
Income (IRS master file)
$1,298,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,298,578$1,670,570$6,943,829IRS
990December 2023$1,507,562$1,769,791$7,315,314XML
990December 2022$1,505,845$1,242,736$7,577,246IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 90-0889645).

Questions about LAKE COUNTY LAND REUTILIZATION CORP

What is the EIN of LAKE COUNTY LAND REUTILIZATION CORP?
The employer identification number (EIN) of LAKE COUNTY LAND REUTILIZATION CORP is 90-0889645.
Is LAKE COUNTY LAND REUTILIZATION CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to LAKE COUNTY LAND REUTILIZATION CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKE COUNTY LAND REUTILIZATION CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKE COUNTY LAND REUTILIZATION CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE COUNTY LAND REUTILIZATION CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKE COUNTY LAND REUTILIZATION CORP?
The 990 for the year ended December 31, 2024 names JOHN M ROGERS.
Who are the officers and directors of LAKE COUNTY LAND REUTILIZATION CORP?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $92,516 (JOHN M ROGERS, EXECUTIVE DI).
How much revenue does LAKE COUNTY LAND REUTILIZATION CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,298,578, expenses of $1,670,570 and total assets of $6,943,829 at year end.

Other nonprofits in PAINESVILLE

All nonprofits in PAINESVILLE · Ohio · Community improvement and capacity building