Mission
The Logan County Economic Development Corporation (LCEDC) is dedicated to expanding the economic base of Logan County, Colorado. This 501(c)(3) nonprofit organization focuses on the retention and expansion of existing businesses, recruitment of new businesses, and infrastructure development to support local economic growth.
Basic Information
Founded in
Not Reported
EIN
26-0017546
Total Assets
$546.4 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Logan County Economic Profile
Logan County houses a diverse economy with over a billion dollars in sales coming from agriculture, retail, healthcare, and professional services.
Recent Projects in Logan County
Major investments include renovations to local hospitals, new commercial developments, and expansions in renewable energy.
Wheat Straw Rating Initiative
Logan County was awarded an 'A' rating for its Bioeconomy Development Opportunity Zone for wheat straw, enhancing its profile for bio-based projects.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
42
52
/100
Program Expense Ratio
81.11%
14
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.003318
20
/20
Working Capital Ratio
2.072
14
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2023
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 276.8K | 86.32% |
| Program Services | 30.78K | 9.60% |
| Investment Income | 12.88K | 4.02% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 210 | 0.07% |
| Total Revenue | 320.7K | 100.00% |
Related Nonprofits
Grayson Land Care
Community Building
Rural Business DevelopmentGreater Lake City Community Foundation
Community Building
Rural Business DevelopmentForge Financing Ozark Rural Growth and Economy
Community Building
Rural Business DevelopmentBusiness Development Corporation of Van Wert Inc.
Community Building
Rural Business DevelopmentRebuild Superior Inc.
Community Building
Rural Business Development