Nonprofit · EIN 41-2251298
LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC
Tax-exempt (reinstated) · ELMWOOD PARK, IL 60707
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $14,648 | $15,018 | -$370 | $81,823 | $9,656 | $72,167 |
| October 31, 2024 | 990-EZ | $35,743 | $30,275 | $5,468 | $72,537 | $0 | $72,537 |
| October 31, 2023 | 990-EZ | $84,679 | $81,415 | $3,264 | $67,069 | $0 | $67,069 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $12,608
- Investment income
- $2,040
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $2,220
- Other expenses
- $12,798
- Program services (functional)
- $13,115
Balance sheet and other
- Total assets, start of year
- $72,537
- Total assets, end of year
- $81,823
- Total liabilities, end of year
- $9,656
- Net assets, end of year
- $72,167
- Cash, savings and investments
- $81,823
- Gross receipts
- $14,648
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-EZ for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn Carter | Board Member | 2 | $0 |
| Dan Caputo | Secretary | 2 | $0 |
| Christer Lundh | Board Member | 2 | $0 |
| Lawrence Navarre | Treasurer | 2 | $0 |
| Geoffrey Neiley | Board Member | 2 | $0 |
| Marcos Esterman | Board Member | 2 | $0 |
| Peter Palmer | President | 2 | $0 |
| Bengt Johansson | Board Member | 2 | $0 |
| Andrew Wagner | Board Member | 2 | $0 |
990-EZ for the year ended October 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn Carter | Board Member | 2 | $0 |
| Ingela Hofverberg | Board Member | 2 | $0 |
| Christer Lundh | Chair | 2 | $0 |
| Lawrence Navarre | Treasurer | 2 | $0 |
| Geoffrey Neiley | Board Member | 2 | $0 |
| Dantar Oosterwal | Board Member | 2 | $0 |
| Peter Palmer | Board Member | 2 | $0 |
| Durward Sobeck II | Board Member | 2 | $0 |
| Bob Stavig | Secretary | 2 | $0 |
990-EZ for the year ended October 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn Carter | Board Member | 0 | $0 |
| Ingela Hofverberg | Board Member | 0 | $0 |
| Christer Lundh | Chair | 0 | $0 |
| Norbert Majerus | Treasurer | 0 | $0 |
| Geoffrey Neiley | Board Member | 0 | $0 |
| Dantar Oosterwal | Board Member | 0 | $0 |
| Peter Palmer | Board Member | 0 | $0 |
| Durward Sobeck II | Board Member | 0 | $0 |
| Bob Stavig | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7234 W NORTH AVE STE 208, ELMWOOD PARK, IL 60707-4202
- In care of
- % KATHERINE RADEKA
- Signed the 990-EZ
- Lawrence Navarre, Treasurer
- Phone
- (810) 338-4419
- Website
- www.lppde.org
Mission
The mission of LPPDE is to organize and facilitate educational conferences and networking forums in the interest of promoting greater efficiency and progress in engineering, product and services development, manufacturing, and other areas.
Program accomplishments
- Biannual in-person conferences held in Stockholm, Sweden, during May of 2025 and Milwaukee, Wisconsin, USA during October 2025. Both conferences focus on the Science of Improving Innovation. A total of 45 persons attended.Expenses $13,115
- In addition to biannual conferences the organization conducted monthly virtual summits and occasional webinar programs to foster communication and the exchange of knowledge. A total of 289 persons attended.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-EZ on file |
IRS record
- EIN
- 41-2251298
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- October
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $81,823
- Income (IRS master file)
- $14,648
Revocation and reinstatement
- Exemption revoked
- March 15, 2023
- Posted by the IRS
- November 13, 2023
- Reinstated
- Effective March 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | $14,648 | $15,018 | $81,823 | XML |
| 990-EZ | October 2024 | $35,743 | $30,275 | $72,537 | XML |
| 990-EZ | October 2023 | $84,679 | $81,415 | $67,069 | XML |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 41-2251298).
Questions about LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC
- What is the EIN of LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC?
- The employer identification number (EIN) of LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC is 41-2251298.
- Is LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC tax-exempt?
- Yes. The IRS revoked its exemption on March 15, 2023 and reinstated it effective March 15, 2023.
- Are donations to LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who are the officers and directors of LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC?
- The 990-EZ for the year ended October 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does LEAN PRODUCT AND PROCESS DEVELOPMENT EXCHANGE INC have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $14,648, expenses of $15,018 and total assets of $81,823 at year end.
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