EIN 20-4208381

Heartland Lakes Development Commission

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Park Rapids
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Heartland Lakes Development Commission focuses on countywide economic development. It received funding from the Department of Employment & Economic Development (DEED) under the Main Street Economic Revitalization Program in two separate funding rounds aimed at combating negative impacts.
Also known as...
Hubbard County Regional Economic Development; Hubbard County Regional Economic Development Commission
Total revenues
$379,772
2022
Total expenses
$351,438
2022
Total assets
$507,422
2022
Num. employees
4
2022

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
GrantmakerDescriptionAmount
Northwest Minnesota Foundation (NMF)Child Care & Economic Development$164,695

Personnel at Heartland Lakes Development Commission

NameTitleCompensation
Mary ThompsonExecutive Director$68,936
David de la HuntChair$0
Ryan LecknerTreasurer$0
Charlene ChristensenVice Chair / Vice - Chair$0
Tom ConwayChair$0

Financials for Heartland Lakes Development Commission

RevenuesFYE 12/2022
Total grants, contributions, etc.$340,794
Program services$38,621
Investment income and dividends$8
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$349
Total revenues$379,772

Form 990s for Heartland Lakes Development Commission

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122022-05-23990View PDF
2018-122019-08-22990EOView PDF
2017-122018-08-15990EOView PDF
...and 7 more Form 990s
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
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $164,695 from Northwest Minnesota Foundation (NMF)
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/about 
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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