Nonprofit · EIN 35-1598214
LAKE COUNTY IN ECONOMIC ALLIANCE INC
Tax-exempt · HOBART, IN 46342
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $251,030 | $236,693 | $14,337 | $136,216 | $6,764 | $129,452 |
| December 31, 2023 | 990 | $373,350 | $366,951 | $6,399 | $135,140 | $19,027 | $116,113 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $251,030
- of which government grants
- $50,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $12,744
- Other salaries and wages
- $147,787
- Salaries, compensation and benefits (total)
- $172,179
- Professional fundraising fees
- $0
- Accounting fees
- $9,043
- Program services (functional)
- $177,392
- Management and general (functional)
- $59,301
Balance sheet and other
- Total assets, start of year
- $135,140
- Total assets, end of year
- $136,216
- Total liabilities, end of year
- $6,764
- Net assets, end of year
- $129,452
- Net assets without donor restrictions
- $129,452
- Gross receipts
- $251,030
- Employees
- 4
- Volunteers
- 21
- Year formed
- 1984
- State of legal domicile
- IN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS SALATAS | PRESIDENT Trustee or director, Officer | 40 | $12,744 |
| DENISE DILLARD | BOARD MEMBER Trustee or director | 2 | $0 |
| DON KELLER | PAST CHAIRMAN Trustee or director | 2 | $0 |
| RANDY PALMATEER | BOARD MEMBER Trustee or director | 2 | $0 |
| BRIAN POPP | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVE RYAN | IMMEDIATE PAST CHAIRMAN Trustee or director | 2 | $0 |
| TODD SCHEUB | TREASURER Trustee or director, Officer | 2 | $0 |
| PAUL BENETURSKI | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| BILL HASSE | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANN PATENA | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE GOLUMBECK | BOARD MEMBER Trustee or director | 2 | $0 |
| ALEXIUS BARBER | BOARD MEMBER Trustee or director | 2 | $0 |
| JOEL GORELICK | BOARD MEMBER (EX OFFICIO) Trustee or director | 2 | $0 |
| DAVID LASSER | BOARD MEMBER Trustee or director | 2 | $0 |
| SUE REED | SECRETARY Trustee or director, Officer | 2 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY WARFEL | VICE-CHAIRMAN Trustee or director, Officer | 2 | $0 |
| MICHAEL O'CONNOR | BOARD MEMBER Trustee or director | 2 | $0 |
| ERICA DOMBEY | BOARD MEMBER Trustee or director | 2 | $0 |
| JUAN MORENO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN JORDAN | BOARD MEMBER (EX OFFICIO) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON BABCOCK | CEO Trustee or director, Officer | 40 | $100,500 |
| DONALD KOLIBOSKI | VP ECONOMIC DEVELOPMENT Officer | 40 | $53,800 |
| DENISE DILLARD | BOARD MEMBER Trustee or director | 2 | $0 |
| DON KELLER | PAST CHAIRMAN Trustee or director | 2 | $0 |
| RANDY PALMATEER | BOARD MEMBER Trustee or director | 2 | $0 |
| BRIAN POPP | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVE RYAN | IMMEDIATE PAST CHAIRMAN Trustee or director | 2 | $0 |
| TODD SCHEUB | TREASURER Trustee or director, Officer | 2 | $0 |
| PAUL BENETURSKI | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| BILL HASSE | BOARD MEMBER Trustee or director | 2 | $0 |
| DEANN PATENA | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE GOLUMBECK | BOARD MEMBER Trustee or director | 2 | $0 |
| ALEXIUS BARBER | BOARD MEMBER Trustee or director | 2 | $0 |
| JOEL GORELICK | BOARD MEMBER (EX OFFICIO) Trustee or director | 2 | $0 |
| DAVID LASSER | BOARD MEMBER Trustee or director | 2 | $0 |
| SUE REED | SECRETARY Trustee or director, Officer | 2 | $0 |
| GARY WARFEL | VICE-CHAIRMAN Trustee or director, Officer | 2 | $0 |
| MICHAEL O'CONNOR | BOARD MEMBER Trustee or director | 2 | $0 |
| ERICA DOMBEY | BOARD MEMBER Trustee or director | 2 | $0 |
| JUAN MORENO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN JORDAN | BOARD MEMBER (EX OFFICIO) Trustee or director | 2 | $0 |
| BOB MIGLIORINI | BOARD MEMBER (EX OFFICIO) Trustee or director | 2 | $0 |
| JACOB O'DONNELL | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN FREYEK | BOARD MEMBER Trustee or director | 2 | $0 |
| BAILEY TOMBERS | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 47, HOBART, IN 46342-0047
- Mailing address (990-N for 2012)
- 255 WEST 80TH PL, MERRILLVILLE IN 464105431
- Principal officer (990 for 2024)
- PAUL BENETURSKI, 440 W 84TH DRIVE, MERRILLVILLE, IN 46410
- Principal officer (990-N for 2012)
- TIMOTHY ANDERSON, 255 WEST 80TH PL, MERRILLVILLE IN 464105431
- Signed the 990
- PAUL BENETURSKI, CHAIRMAN
- Phone
- (219) 756-4317
- Website
- WWW.LCEA.US
- Return prepared by
- SWARTZ RETSON & CO PC
Mission
LCEA IS ORGANIZED FOR THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS; MATTERS OF PUBLIC CONCERN; FINANCE; EDUCATION AND TRAINING; SCIENCE AND TECHNOLOGY; ECONOMIC PLANNING AND DEVELOPMENT; AND OTHER SUBJECTS RELATED TO THE BUSINESS DEVELOPMENT AND RETENTION, QUALITY AND QUANTITY OF ECONOMIC GROWTH, EMPLOYMENT OPPORTUNITIES AND EDUCATIONAL ACTIVITIES IN THE LAKE COUNTY INDIANA AREA.
Program accomplishments
- PROMOTION OF ECONOMIC GROWTH IN LAKE COUNTY, INDIANA.Expenses $177,392
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1598214
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $136,216
- Income (IRS master file)
- $251,030
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $251,030 | $236,693 | $136,216 | XML |
| 990 | December 2023 | $373,350 | $366,951 | $135,140 | XML |
| 990 | December 2022 | $396,900 | $391,981 | $127,069 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: TIMOTHY ANDERSON | June 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
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 35-1598214).
Questions about LAKE COUNTY IN ECONOMIC ALLIANCE INC
- What is the EIN of LAKE COUNTY IN ECONOMIC ALLIANCE INC?
- The employer identification number (EIN) of LAKE COUNTY IN ECONOMIC ALLIANCE INC is 35-1598214.
- Is LAKE COUNTY IN ECONOMIC ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to LAKE COUNTY IN ECONOMIC ALLIANCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE COUNTY IN ECONOMIC ALLIANCE INC 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 IN ECONOMIC ALLIANCE INC 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 IN ECONOMIC ALLIANCE INC 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 IN ECONOMIC ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names PAUL BENETURSKI.
- Who are the officers and directors of LAKE COUNTY IN ECONOMIC ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $12,744 (CHRIS SALATAS, PRESIDENT).
- How much revenue does LAKE COUNTY IN ECONOMIC ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $251,030, expenses of $236,693 and total assets of $136,216 at year end.
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