Skip to main content

Nonprofit · EIN 33-3582985

LEAP THRIVE

Tax-exempt · LANSING, MI 48910

Financials

$628K$628K2025
Revenue Expenses · by fiscal year end
Financials of LEAP THRIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$627,826$627,826$0$232,031$232,031$0
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$627,826
of which government grants
$627,826
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$627,826
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$627,826

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$232,031
Total liabilities, end of year
$232,031
Net assets, end of year
$0
Gross receipts
$627,826
Employees
0
Volunteers
3
Year formed
2024
State of legal domicile
MI

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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KEITH LAMBERTPRESIDENT
Trustee or director, Officer
1$0$155,991$21,738
ANTHONY WILLISVICE PRESIDENT
Trustee or director, Officer
1$0$133,925$26,765
PATRICK MCPHARLINSECRETARY & TREASURER
Trustee or director, Officer
1$0$0$0
ROXANNE CASEBOARD MEMBER
Trustee or director
1$0$0$0
JOSEPH GARCIABOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1000 S WASHINGTON AVE STE 201, LANSING, MI 48910-1682
Principal officer (990 for 2025)
KEITH LAMBERT, 1000 S WASHINGTON AVE STE 201, LANSING, MI 48910
Signed the 990
KEITH LAMBERT, PRESIDENT
Phone
(517) 702-3387
Return prepared by
REHMANN ROBSON LLC

Mission

TO FOSTER ECONOMIC DEVELOPMENT INITIATED AND/OR SUPPORTED BY THE LANSING ECONOMIC AREA PARTNERSHIP INC., THAT ENHANCES THE PEOPLE AND COMMUNITY OF INGHAM, EATON AND CLINTON COUNTIES, BY SPURRING INVESTMENT INTO THE BUILT ENVIRONMENT BY MEANS OF MANAGING, FINANCING OR OTHERWISE FACILITATING THE DEVELOPMENT OR GENERAL IMPROVEMENT OF PUBLIC OR PRIVATE SPACES AND PROPERTIES ACROSS INGHAM, EATON AND CLINTON COUNTIES FOR THE SMART RETENTION, EXPANSION AND ATTRACTION OF DIVERSE BUSINESSES, TALENT AND COMMUNITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • COMMUNITY REAL ESTATE PARTNERSHIP PROJECTS: LEAP THRIVE PARTNERED WITH GILLESPIE GROUP AS THEIR NONPROFIT CO-DEVELOPER TO BRING TO REALITY A SIGNIFICANT COMMUNITY-ORIENTED HISTORIC BLOCK REDEVELOPMENT ON MICHIGAN AVENUE IN DOWNTOWN LANSING CALLED BRICK ROW. WITH ADDITIONAL ECONOMIC DEVELOPMENT PARTNERS, THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION (MEDC), MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY (MSHDA), CITY OF LANSING AND ITS LANSING ECONOMIC DEVELOPMENT CORPORATION (EDC), AND THE LANSING ECONOMIC AREA PARTNERSHIP (LEAP), ALL COLLABORATED WITH THE DEVELOPMENT TEAM TO MAKE THE $8 MILLION REDEVELOPMENT PROJECT FEASIBLE. THE PROJECT WILL CREATE 15 HOUSING UNITS, INCLUDING AFFORDABLE UNITS, WHILE ALSO REVITALIZING AND/OR CREATING SIX DISTINCT COMMERCIAL RETAIL SPACES TOTALING NEARLY 6,900 SQUARE FEET ON FIRST FLOORS OF THESE CRITICAL STADIUM DISTRICT NEIGHBORHOOD BUILDINGS ON THE KEY COMMERCIAL CORRIDOR OF MICHIGAN AVENUE, CONNECTING MICHIGAN'S CAPITAL CITY AND MICHIGAN STATE UNIVERSITY. LEAP THRIVE ACTS AS A FINANCIAL PARTNER THAT IS RESPONSIBLE FOR INJECTING PUBLIC FUND SOURCES INTO THE PROJECT, BOTH AS SUBGRANTEE TO LEAP FOR A $3M MSHDA GRANT APPROPRIATED BY SENATOR ANTHONY'S OFFICE IN THE 2025 STATE BUDGET, AND MOVING TOWARD FINALIZING ADMINISTRATION OF A DIRECT GRANT AWARD OF A $617,210 FROM MEDC'S REVITALIZATION AND PLACEMAKING (RAP) AS OF YEAREND 2025. THE TWO FUND SOURCES TOGETHER CONSTITUTE APPROXIMATELY HALF OF THE TOTAL CAPITAL STACK, AND WERE ESSENTIAL TO MAKING THE PROJECT FINANCIALLY VIABLE. LEAP THRIVE IS PROUD TO BE SERVING IN THIS CAPACITY, AS A CREATIVE FINANCING PLATFORM FOR COMMUNITY-ORIENTED DEVELOPMENT PROJECTS IN THE LANSING TRI-COUNTY REGION OF INGHAM, EATON AND CLINTON COUNTIES. THE PROJECT COMMENCED CONSTRUCTION IN NOVEMBER OF 2025 AND IS EXPECTED TO BE COMPLETE IN OCTOBER OF 2026.
    Expenses $627,826 · grants $627,826 · revenue $627,826

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, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-3582985
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
2026
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$232,031
Income (IRS master file)
$627,826

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$627,826$627,826$232,031XML

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 33-3582985).

Questions about LEAP THRIVE

What is the EIN of LEAP THRIVE?
The employer identification number (EIN) of LEAP THRIVE is 33-3582985.
Is LEAP THRIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
Are donations to LEAP THRIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEAP THRIVE 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 LEAP THRIVE 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 LEAP THRIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LEAP THRIVE?
The 990 for the year ended December 31, 2025 names KEITH LAMBERT.
Who are the officers and directors of LEAP THRIVE?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does LEAP THRIVE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $627,826, expenses of $627,826 and total assets of $232,031 at year end.

Other nonprofits in LANSING

All nonprofits in LANSING · Michigan · Community improvement and capacity building