LANSING, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LANSING ECONOMIC AREA PARTNERSHIP, founded in 2007, is a mid-sized nonprofit in the Community Improvement sector that reported $27.5M in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring.
WE BUILD A STRONGER COMMUNITY FOR ALL, WORKING EVERYDAY TO GROW, RETAIN AND ATTRACT BUSINESS TO THE REGION.
REGIONAL GROWTH DEPARTMENT - LEAP'S REGIONAL GROWTH DEPARTMENT WORKED ON A VARIETY OF INDUSTRY GROWTH PROJECTS (INCLUDING BUSINESS ATTRACTION AND BUSINESS EXPANSION PROJECTS) WITH KEY OUTCOMES AS...
REGIONAL GROWTH DEPARTMENT - LEAP'S REGIONAL GROWTH DEPARTMENT WORKED ON A VARIETY OF INDUSTRY GROWTH PROJECTS (INCLUDING BUSINESS ATTRACTION AND BUSINESS EXPANSION PROJECTS) WITH KEY OUTCOMES AS FOLLOWS: SIX INVESTMENT PROJECTS COLLECTIVELY CONSTITUTING $90,372,000 INVESTMENT AND A TOTAL OF 194 JOBS COMMITTED WITH $31/HR AVERAGE WAGE. BUSINESS ATTRACTION PROJECTS WON AND/OR ANNOUNCED INCLUDE CERTUS MEDICAL, AUNEX, TAEIN E&D. BUSINESS EXPANSION PROJECTS WON AND/OR ANNOUNCED INCLUDE GESTAMP, MATRIX ENGINEERS, AND IONETIX. IN ADDITION TO INDUSTRY GROWTH WORK, THE DEPARTMENT FOCUSED ON COMMUNITY DEVELOPMENT AND PLACE-BASED PROJECTS, AND SECURED TWO PROJECTS WITH APPROVALS / ANNOUNCEMENTS / GROUNDBREAKINGS: GENESEE POINT CONDOS AND LITTLE DREAMERS DAY CARE EXPANSION, CONSTITUTING A TOTAL INVESTMENT OF $7,200,000 WITH 15 FULL TIME EQUIVALENT JOBS RELATED TO THEM, 30 ADDED CHILD CARE SLOTS AND FOUR NEW / REHABBED HOUSING UNITS FOR THE REGION. GROWING PROJECT PIPELINE IN COMMUNITY DEVELOPMENT:WORKING ON 12 NEW HOUSING, CHILDCARE, OR MIXED-USE PROJECTS ACROSS THE REGION, INCLUDING: 2 IN LANSING; 2 IN DELTA TOWNSHIP; 2 IN WILLIAMSTON; 1 IN EACH OF ST. JOHNS, BINGHAM TWP, BATH TOWNSHIP, EATON RAPIDS, ELSIE, AND LESLIE. PLACEMAKING EFFORTS INCLUDED TRANSFERING LONGSTANDING PUBLIC ART FOR COMMUNITIES PROGRAM TO ARTS COUNCIL OF GREATER LANSING, WHILE WORKING ON WRAPPING UP FINAL AWARD TO EATON COUNTY FOR PLACEMAKING PROJECT. POET LAUREATE PROGRAM WAS SIMILARLY TRANSITIONED TO ARTS COUNCIL. THE DEPT STAFF ALSO CONDUCTED A TOTAL OF 52 UNIQUE RETENTION VISITS AND DISCOVERED FOUR PROSPECTIVE EXPANSION PROJECTS THROUGH THAT EFFORT WHILE ALSO ADDING VALUE ADD SERVICES AND REFERRALS TO 98 PERCENT OF THE VISITS. MOSTLY IN RELATION TO BUSINESS ATTRACTION PIPELINE, THE DEPT STAFF CONDUCTED 58 REAL ESTATE SITE SEARCHES, 85% OF WHICH WERE INDUSTRIAL (MANUFACTURING, DISTRIBUTION, DATA CENTERS), WITH 10% OFFICE/FLEX SPACE, AND 5% RETAIL/CHILDCARE/HOUSING RELATED. 20 OF THE SEARCHES WERE LEADS GENERATED DIRECTLY BY LEAP, INCLUDING ALL 9 NON-INDUSTRIAL PROSPECTS, DEMONSTRATING ECONOMIC DIVERSIFICATION INTENT. LEAP HOSTED 14 UNIQUE COMPANIES WITH EXECUTIVE VISITS TO THE REGION. INDUSTRY CLUSTER WORK CONTINUED: FOR MEDTECH, SUCCESSFULLY CONCLUDED $1M EDA EAA GRANT FOR MEDTECH / LIFE SCIENCES GAMEPLAN, MARKETING AND INNOVATION PROGRAMS, WITH CONTINUED ENGAGEMENT WITH MSU ECOSYSTEM AROUND GAMEPLAN IMPLEMENTATION. RE-ENGAGING MEDTECH COMMITTEE WITH LEADERSHIP OF UNIVERSITY OF MICHIGAN HEALTH SPARROW, MCLAREN, MSU, AND KEY COMPANIES IN REGION. FOR AGTECH, M-21 AGTECH CORRIDOR REAL ESTATE AND PROJECT ACTIVATION WORK CONTINUES, REFRAMED TO BOTH FIT REGIONAL CONTEXT AND ALIGN WITH CLINTON COUNTY CONTRACT GOALS, AND FOR NEW CLUSTER ADDITION OF CREATIVE TECHNOLOGIES, FOCUSING ON DEVELOPMENT AROUND E-SPORTS, VIDEO GAME DESIGN, ETC. AND A RESPECTIVE STRATEGY AND BASELINE RESEARCH AROUND IT.
SITE-READINESS FUNDS - SECURED AND BEGAN TO ADMINISTER $6.5M GRANT FROM MEDC TO PROACTIVELY PREPARE 400+ ACRE COLLEGE RD DELHI TWP SITE FOR A SUBSTANTIAL INVESTMENT AND JOB CREATION PROJECT DOWN THE...
SITE-READINESS FUNDS - SECURED AND BEGAN TO ADMINISTER $6.5M GRANT FROM MEDC TO PROACTIVELY PREPARE 400+ ACRE COLLEGE RD DELHI TWP SITE FOR A SUBSTANTIAL INVESTMENT AND JOB CREATION PROJECT DOWN THE ROAD. ADMINISTERED ACTIVELY THE $1.2M MEDC SITE READINESS GRANT SECURED IN LATE 2023 FOR ADDITIONAL PROACTIVE SITE PLANNING FOR NINE SITES ACROSS THE REGION, WHICH INCLUDED CITY OF GRAND LEDGE'S WILLIS INDUSTRIAL PARK, EYDE DEVELOPMENT'S HOLT INDUSTRIAL VACANT LAND DEVELOPMENT, MSU RESEARCH FOUNDATION'S LANSING JOHN BEAN BUILDING REDEVELOPMENT, DYMAXION DEVELOPMENT'S INDUSTRIAL BUILDING DEVELOPMENT, THE GILLESPIE COMPANY'S LANSING COMMERCIAL REDEVELOPMENT SPACE, THE CAPITAL REGION AIRPORT AUTHORITY (CRAA)'S "PORT LANSING NORTH" SITE, CITY OF EATON RAPIDS' NORTH AND SOUTH INDUSTRIAL PARKS, AND 1035 US 27 LLC'S ST. JOHNS COMMERCIAL SPACE REDEVELOPMENT.
ULTIUM PROJECT - CONTINUED ADMINISTRATION OF $66.1M PUBLIC INFRASTRUCTURE FUNDING FOR ULTIUM PROJECT. LANSING BWL SUBGRANT PORTION IS COMPLETED, DELTA TWP PORTION EXPECTED COMPLETION IN BY H2 2025...
ULTIUM PROJECT - CONTINUED ADMINISTRATION OF $66.1M PUBLIC INFRASTRUCTURE FUNDING FOR ULTIUM PROJECT. LANSING BWL SUBGRANT PORTION IS COMPLETED, DELTA TWP PORTION EXPECTED COMPLETION IN BY H2 2025, ALONG WITH GRANT CLOSEOUT. AS OF 2024 YEAR-END, THE GRANT WAS APPROXIMATELY 93 PERCENT EXPENSED ON ELIGIBLE ACTIVITIES. LEAP WORKED WITH ULTIUM, GENERAL MOTORS AND PROJECT PARTNERS AS DISCUSSIONS EVOLVED AROUND GM'S SALE OF ITS LANSING ULTIUM FACILITY STAKE TO ITS JV PARTNER LG ENERGY SOLUTION, WHO IS EXPECTED TO OWN THE FACILITY OUTRIGHT BY MID-2025.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $27,497,893 | $46,166,404 | -0.4% |
| Expenses | $30,041,990 | $44,574,501 | -0.3% |
| Net Income | $-2,544,097 | $1,591,903 | -2.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LISA M CORLESS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DON MCNABB | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK MCDANIEL | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY BENSON | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES JV ANDERTON | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| APRIL CLOBES | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA DUBIEL | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TICO DUCKETT | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT GILLESPIE | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE MANN | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRK RAY | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR STEVE ROBINSON | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CARRIE ROSINGANA | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DONALD E SIMON | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JO SPERRY | EXECUTIVE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK ALLEY | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS BAGWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM BAKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN BAKKEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTY BIGELOW | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG BROGAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE M BROOKOVER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY CLARK | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| COLIN CRONIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE CURRAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCI DANIELS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLIE DEAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REBECCA DEVOOGHT | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET DIMOND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN DUNN | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT DZURKA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EVEMARIE EYDE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACOB FARMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNETH FLETCHER | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENT FORSBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD FUNKHOUSER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK GALARDI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM GALLAGHER | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMMY GILROY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICK S GREWAL SR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GRACE GRIFFIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA HERRING-JACKSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS HOLMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STACI HOLMES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM HUFNAGEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN JACOBS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM JEWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE JOHN | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GORAN JURKOVIC | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL KIMBLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PETE KRAMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RACHEL KUTZSCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN L HAYHOE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUE LEEMING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM LEWIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VAN MARTIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE MASSEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT MCPHARLIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMIAH MOSTROM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH D MULDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BLAKE MULDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE NOLL-WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD PEFFLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JULIE PINGSTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK POLSDOFER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY PRESTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JODY PROMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BENJAMIN J BJ PUCHALA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YVONNE RIDGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE ROZNOWSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY SALISBURY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROD SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDY SCHOR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SCHRODER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUG SEARLES | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH SHAW | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SHOWERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KERN SLUCTER | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATE SNYDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE STRAUSS BAUMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN TIRRELL | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA TRAMONTANA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE V MAZUREK | PARTIAL-YEAR BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL WHIPPLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID ZYBLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIKA BROWN-BINION | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| CHAZ CARRILLO | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM DAMAN | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK DEVINE | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY KANGAS | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ALANE LAWS-BARKER | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGHAN MARTIN | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SELL | AD-HOC | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT L TREZISE JR | PRESIDENT & CEO | 40.00 |
Officer
|
$395,812 | $54,838 | $450,650 |
| ANTHONY T KLISCH | CFO | 40.00 |
Officer
|
$113,646 | $18,510 | $132,156 |
| ANTHONY A WILLIS | CEDO | 40.00 |
Highest
|
$136,754 | $28,739 | $165,493 |
| KEITH LAMBERT | COO | 40.00 |
Highest
|
$148,088 | $21,457 | $169,545 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $27,497,893 | $30,041,990 | $12,962,483 | $-2,544,097 |
| 2023 | $46,166,404 | $44,574,501 | $16,782,974 | $1,591,903 |
| 2022 | $9,213,964 | $7,915,934 | $22,008,824 | $1,298,030 |
| 2021 | $15,493,708 | $15,253,927 | $5,631,252 | $239,781 |
| 2020 | $8,791,185 | $8,343,150 | $2,305,758 | $448,035 |
| 2019 | $2,353,304 | $2,412,840 | $1,591,756 | $-59,536 |
| 2018 | $2,303,960 | $2,152,304 | $1,558,838 | $151,656 |
Compare LANSING ECONOMIC AREA PARTNERSHIP with other nonprofits in Michigan and across the country.