Program areas at Heartland Lakes Development Commission
Heartland Lakes Development commission received funding from department of employment & economic Development (deed) under the main street economic revitalization program in two separate funding rounds. The program is intended to combat the negative impact of the pandemic to main streets that rely on travel tourism, retail, and accommodation. The result is that many businesses delayed or cancelled improvement or expansion projects.in the first round, Heartland Lakes received $200,000 to be granted to businesses located in park rapids. The second round expanded the geography to include the businesses located in akeley, nevis, dorset, laporte, and lake george.the program provides grant funding of up to 30% of eligible project costs up to a maximum award of $30,000. Eligible projects include costs associated with the repair or renovation of real property, new construction, landscaping or streetscaping, demolition or site preparation, predesign or design, engineering infrastructure, and related site amenities.heartland Lakes Development commission began awarding grants in february 2022. To date, 14 businesses have received a total of $221,671 in grant funds which has leveraged an additional $738,900 in local resources. Funding is available through december 31, 2024, with priority given to businesses located outside of the park rapids corridor until june 2023.the renovations to 100 8th street e were completed in january and the new cooperative working space opened, providing a wide array of services for entrepreneurs, small businesses, and remote workers.
Who funds Heartland Lakes Development Commission
Grants from foundations and other nonprofits
Personnel at Heartland Lakes Development Commission
Name | Title | Compensation | Date of data |
---|
Mary Thompson | Executive Director | $68,936 | 2023-11-14 |
David de la Hunt | Chair | $0 | 2023-05-10 |
Ryan Leckner | Treasurer | $0 | 2023-05-10 |
Charlene Christensen | Vice Chair / Vice - Chair | $0 | 2022-12-31 |
Tom Conway | Chair | $0 | 2021-12-31 |
Financials for Heartland Lakes Development Commission
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $340,794 | $705,279 | -51.7% |
Program services | $38,621 | $36,943 | 4.5% |
Investment income and dividends | $8 | $45 | -82.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $349 | $224 | 55.8% |
Total revenues | $379,772 | $742,491 | -48.9% |
Organizations like Heartland Lakes Development Commission
Organization | Type | Location | Revenue |
---|
Brainerd Lakes Area Economic Development Corporation | 501(c)(3) | Brainerd, MN | $593,859 |
Nodaway County Economic Development Corporation | 501(c)(3) | Maryville, MO | $240,365 |
Paulding County Economic Development | 501(c)(3) | Paulding, OH | $282,762 |
Medina Economic Development Foundation | 501(c)(3) | Hondo, TX | $100,057 |
Thurston Economic Development Council Center for Business and Innovation | 501(c)(3) | Lacey, WA | $1,866,030 |
Huntingdon Cty Business and Industry | 501(c)(3) | Huntingdon, PA | $273,438 |
Southeast Economic Development Corporation (SEDC) | 501(c)(3) | Dover, NH | $872,934 |
Routt County Economic Development Partnership | 501(c)(3) | Steamboat Springs, CO | $304,133 |
Economic Development Alliance of Hawaii | 501(c)(3) | Honolulu, HI | $210,838 |
Partnership for Economic Development | 501(c)(3) | Lake Havasu City, AZ | $619,650 |
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 1 new personnel
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
MembershipsPartially liquidatedState / local levelReceives government fundingTax deductible donations
General information
- Address
- 100 8th St E
- Park Rapids, MN 56470
- Website URL
- heartlandlakesdevelopment.org/aboutÂ
- Phone
- (218) 638-7980
IRS details
- EIN
- 20-4208381
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2005
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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