TY 2024 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
LANSING ECONOMIC AREA PARTNERSHIP

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
1000 S WASHINGTON AVE STE 201

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LANSING, MI48910

D Employer identification number

20-8132313

E Telephone number

G Gross receipts $ 27,497,893

F Name and address of principal officer:
ROBERT L TREZISE JR
1000 S WASHINGTON AVE STE 201
LANSING,MI48910

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) (insert no.) 4947(a)(1) or 527

Website:

WWW.PURELANSING.COM

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 2007

M State of legal domicile: MI

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: WE BUILD A STRONGER COMMUNITY FOR ALL, WORKING EVERYDAY TO GROW, RETAIN AND ATTRACT BUSINESS TO THE REGION.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	85
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	85
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	20
6	Total number of volunteers (estimate if necessary) .............	6	144
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	44,138,896	25,211,478
9	Program service revenue (Part VIII, line 2g) .........	1,649,222	1,782,593
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	376,972	501,576
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,314	2,246
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	46,166,404	27,497,893
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	42,104,330	27,357,995
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,707,378	1,898,733
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	762,793	785,262
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	44,574,501	30,041,990
19	Revenue less expenses. Subtract line 18 from line 12.......	1,591,903	-2,544,097
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	16,782,974	12,962,483
21	Total liabilities (Part X, line 26).............	11,744,105	10,467,711
22	Net assets or fund balances. Subtract line 21 from line 20.....	5,038,869	2,494,772

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2024)

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: WE BUILD A STRONGER COMMUNITY FOR ALL, WORKING EVERYDAY TO GROW, RETAIN AND ATTRACT BUSINESS TO THE REGION.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	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.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	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.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	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.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	MEDC-CDC GRANT ($500K) - DEPLOYED OVER $87,000 IN SMALL TOWN ENHANCEMENT GRANTS TO 5 RURAL SMALL TOWNS FOR PLACE-BASED PROJECTS AND PUBLIC SPACE ACTIVATION 2 IN CLINTON AND INGHAM COUNTIES, ONE IN EATON. VILLAGE OF VERMONTVILLE FOR RENOVATING A HISTORIC BELL TOWER, VILLAGE OF STOCKBRIDGE FOR TRANSFORMING THE PATIO SECTION NEXT TO VILLAGE HALL INTO A TRANQUIL SEATING/RELAXATION AREA, CITY OF LESLIE FOR NEW PAVILION AT THE SITE OF THE FORMER COMMUNITY POOL, VILLAGE OF MAPLE RAPIDS FOR HISTORIC FACADE PROJECT AT A 120-YEAR-OLD BUILDING, CITY OF OVID FOR INSTALLATION OF NEW BANNERS ALONG MAIN STREET IN THE DOWNTOWN AREA. IN 2023, THERE WAS NO SINGULAR DATA SOURCE / TOOL FOR FUTURE LAND USE MAPPING ACROSS MUNICIPALITIES FOR THE ENTIRE TRI-COUNTY REGION. SO, WE BUILT ONE WITH THE HELP OF A GRADUATE STUDENT AT THE UNIVERSITY OF DENVER. IN 2024, LEAP PARTNERED WITH C2AE ENGINEERING TO COMPLETE THE GIS FORMAT AND PROVIDE THE ABILITY TO VIEW IT FROM ANY DESKTOP SETTING SO THAT THE MAP CAN BE PUBLISHED PUBLICLY. THIS ALLOWS DEVELOPERS, POTENTIAL END USERS, AND BROKERS TO IDENTITY FUTURE REAL ESTATE OPTIONS AND BETTER SELECT SITES THAT HAVE SUPPORTIVE ZONING AND PLANNING. THIS ALSO SUPPORTS THE WORKING TAKING PLACE VIA MSHDA'S STATEWIDE HOUSING PARTNERSHIPS, WHICH LEAP IS PART OF IN THE REGION.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	DEPARTMENT OF EQUITABLE ECONOMIC PLANNING (DEEP) - DEEP'S STRATEGY TO ENHANCE EQUITABLE DEVELOPMENT IN THE LANSING REGION INVOLVES A THREE-PRONGED APPROACH OF INTERNAL POLICY REVIEW AND EVOLUTION, COMMUNITY PARTNERSHIPS AND PROGRAMS TO ENHANCE BUSINESS OWNERSHIP AND ECONOMIC PARTICIPATION AMONG ITS TARGET GROUPS. SOME OF THE HIGHLIGHTS/MAJOR ACCOMPLISHMENTS IN EACH AREA INCLUDE: 1) WE LAUNCHED OUR FOURTH COHORT FOR ELEVATE, A BUSINESS ACCELERATOR PROGRAM FOCUSED ON SUPPORTING BLACK BUSINESSES WITH A FOCUS ON REVENUE, PROFITABILITY AN PROMINENCE; WHICH HAD EIGHT PARTICIPANTS. 2) LAUNCHED ASCEND (HISPANIC AND LATINX BUSINESS ACCELERATOR) WHICH HAD SIX PARTICIPANTS IN THE INAUGURAL COHORT. 3) CONTINUED PARTNERSHIPS WITH THE LANSING REGIONAL CHAMBER OF COMMERCE TO PROMOTE THE IMPORTANCE OF DEI FOR SMALL BUSINESSES AND CORPORATIONS BY LAUNCHING THE DIVERSITY STAR AWARD, WITH CINNAIRE BEING THE 2024 RECIPIENT. 4) WE HAD TWO COHORTS OF OUR AWARD WINNING ENTREPRENEUR PROGRAM, ONE & ALL, WHICH FOCUSES ON PEOPLE BELOW THE ALICE THRESHOLD.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	SMALL BUSINESS SUPPORT GRANT (SBSG) - WITH SUPPORT FROM SBSG WE LAUNCHED ASCEND (HISPANIC AND LATINX BUSINESS ACCELERATOR) WHICH HAD SIX PARTICIPANTS IN THE INAUGURAL COHORT.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	INGHAM COUNTY AGREEMENT - THROUGH A CONTRACT WITH INGHAM COUNTY, LEAP PROVIDES ENHANCED ECONOMIC DEVELOPMENT SERVICES TO HELP OPTIMIZE AND ALIGN ECONOMIC DEVELOPMENT OPPORTUNITIES ACROSS THE REGION CREATING MORE JOBS AND ASSIST BUSINESS STARTUPS AND BUSINESS INVESTMENT. 2024 INVOLVED SUBSTANTIAL WORK WITH THE INGHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION (EDC) AND BROWNFIELD REDEVELOPMENT AUTHORITY (BRA), WITH A GROWING PROJECT PIPELINE. MICRO CONTRACTS THAT ARE PART OF THE CONTRACT SERVICES HAD VARIOUS PRIORITIES AND PROGRESS. FOR DANSVILLE DDA FOCUS WAS ON REPAIRS ON THEIR ROADS DOWNTOWN, PARKS AND TRAILS AND AN AUDIT WAS SUCCESSFULLY COMPLETED. ALSO TALKING ABOUT PARCEL OF LAND NEXT TO WATER TOWER, ADDING IT TO THEIR HOUSING DEVELOPMENT. VEVAY TWP'S PRIORITY HAS BEEN TO UPGRADE PARKS AND TRAILS. PHASE I ENVIRONMENTAL ASSESSMENT ON KEY PARCELS OF LAND FOR ECONOMIC DEVELOPMENT INTERESTS. COMPLETING INSTALLATION OF WALKWAY AROUND PARK, TALKING ABOUT DRAINAGE ISSUES. WEBBERVILLE DDA IS MOSTLY WAITING ON UPDATES REGARDING THE FORD BUILDING. REWORKING PARKING LOT IN DOWNTOWN AREA, DRAINAGE ISSUES. PREPARING TO CELEBRATE THE 150TH ANNIVERSARY IN 2025. CITY OF LESLIE HAS A PROJECT WITH TRAIL UPGRADES AND IS ALSO INTERESTE DIN IMPROVING THEIR BUDGET. A BUYER PURCHASED LAND IN THEIR INDUSTRIAL PARK RELATED TO A POWDER COATING COMPANY. CITY OF WILLIAMSTON IS ACTIVELY WORKING ON 2 MIXED-USED PROJECTS, DDA IS REACTIVATING AS WELL FOR NEW DEVELOPMENTS. ONGOING SUPPORT OF THE VILLAGE OF STOCKBRIDGE CONTINUED.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	CLINTON COUNTY AGREEMENT - THROUGH A CONTRACT WITH CLINTON COUNTY, LEAP PROVIDES ENHANCED ECONOMIC DEVELOPMENT SERVICES TO HELP OPTIMIZE AND ALIGN ECONOMIC DEVELOPMENT OPPORTUNITIES ACROSS THE REGION CREATING MORE JOBS AND ASSIST BUSINESS STARTUPS AND BUSINESS INVESTMENT. A MAJOR ACCOMPLISHMENT OF THIS CONTRACT WAS APPLYING FOR AND LANDING A $1.0M FEDERAL GRANT FOR BINGHAM TOWNSHIP WATER EXPANSION TO ACTIVATE PROPERTY ALONG M-21 BETWEEN ST. JOHNS AND US-127, INCLUDING HOUSING, MIXED USE TRUCK STOP, MEIJER STORE, AND ECONOMIC DEVELOPMENT SITE(S). ACTIVE WORK TAKING PLACE WITH HERITAGE HOLLOW, A CHILD CARE FACILITY AND PARTNER. WORKING TO ESTABLISH A POTENTIAL SMALL-SCALE SPORTS FACILITY. ADDITIONAL WORK TAKES PLACE RELATED TO THE AIRPORT FOR POTENTIAL INVESTMENT OPPORTUNITIES. LEAP ALSO HELPED AT A RESOURCE FAIR TO SUPPORT SMALL BUSINESSES.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	EARLY CHILDHOOD INVESTMENT CORPORATION GRANT - LEAP IS FOCUSED ON NOT JUST PHYSICAL INFRASTRUCTURE LIKE ROADS AND UTILITIES, BUT ALSO THE INFRASTRUCTURE OF PEOPLE, SUCH AS HOUSING, CHILDCARE, PUBLIC TRANSPORTATION, AND INCLUSIVE AND CONNECTED EDUCATIONAL AND CAREER PATHWAYS TO ENHANCE A DIVERSE AND SKILLED WORKFORCE. THIS PAST YEAR THE CAPITAL AREA CHILD CARE COALITION (CACCC) COMPLETED THE REGIONAL ACTION PLAN AND BEGAN IMPLEMENTATION. CACCC IS A GROUP OF COMMUNITY LEADERS IN EATON, CLINTON, AND INGHAM COUNTIES WHO WANT TO INCREASE THE SUPPLY OF HIGH-QUALITY CHILD CARE CO-LED BY LEAP, CAMW!, AND SOUTH CENTRAL UNITED WAY. OVER THE COURSE OF THE GRANT PROGRAM, THERE WERE 74 MEMBERS OF THE COALITION, 348+ COMMUNITY MEMBERS ENGAGED WITH VIA MEETINGS, SURVEYS, AND FOCUS GROUPS, AND OVER $340,000+ SECURED. THERE IS ALSO A BRAND NEW RESOURCE FOR THE REGION AND THAT IS A NEW NAVIGATIONAL WEBSITE FOR CHILD CARE PROVIDERS AND EMPLOYERS LOOKING TO LEARN MORE HOW THEY CAN SUPPORT THEIR STAFF. LEAP LED A BUSINESS SUMMIT ON THE TOPIC OF CHILDCARE THAT GARNERED 50+ ATTENDEES. THE CACCC HOSTED THE FIRST EVER EMPLOYER ROUNDTABLE WHICH BROUGHT TOGETHER 50 STAKEHOLDERS TO DISCUSS THE OPPORTUNITIES EMPLOYERS HAVE TO SUPPORT CHILD CARE.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	SMALL BUSINESS & INNOVATION - IN 2024, THE SMALL BUSINESS AND INNOVATION DEPARTMENT ASSISTED IN THE CREATION OF 79 NEW COMPANIES. AS PART OF THIS ECONOMIC EXPANSION, THE CLIENTS OF THIS DEPARTMENT CREATED 483 FULL AND PART-TIME ROLES. THE FOLLOW-ON INVESTMENTS FOR ACTIVE CLIENTS, WHICH INCLUDE (PRIVATE, PUBLIC, SBIR, FCF, BANK/LOAN, OWNERS INVESTMENT ETC. WERE $27,094,117.28. THE LANSING REGIONAL SMARTZONE, WHICH IS PART OF THIS DEPARTMENT, COMPLETED A TOTAL OF 27 GRANTS TO TECH STARTUPS FOR A TOTAL OF 167,435.28 DEPLOYED.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	SMALL BUSINESS SUPPORT HUB (SBSH) - IN 2024, THE SBI DEPARTMENT LAUNCHED THE TREK SMALL BUSINESS SUPPORT HUB, WHICH IS AN INITIATIVE FUNDED BY THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION THROUGH FUNDS FROM THE AMERICAN RESCUE PLAN FOCUSED ON SUPPORTING SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS WHO EXPERIENCE OUTSIZED IMPACT FORM THE COVID-19 PANDEMIC. THIS PROGRAM SERVED AND EDUCATED 380 COMPANIES. THESE BUSINESSES WENT ON TO CREATE 195 JOBS AND GENERATED $8,160,209 IN REVENUE. THROUGH THIS PROGRAM THE DEPARTMENT DEPLOYED 36 GRANTS TOTALLY 178,066 IN FUNDS DEPLOYED TO COMPANIES.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	LANSING PROTO/PROTO ACCELERATOR - BECAME THE REGION'S FIRST PHYSICAL PRODUCT-FOCUSED EQUITY INVESTMENT FUND. LANSING PROTO DEVELOPED AN INSURETECH ACCELERATOR PROGRAM WITH KEY INDUSTRY FOCUSED ON INSURANCE TECHNOLOGY AND DIGITAL TRANSFORMATION OF THE INDUSTRY. SUCCESSFULLY RAISED THE NECESSARY CAPITAL TO SUPPORT THE PROGRAM FOR TWO YEARS AND SELECTED THREE GLOBAL COMPANIES TO MOVE HERE AND PARTICIPATE IN THE PROGRAM. THE COMPANIES WERE FROM ISRAEL, GREAT BRITAIN AND IRELAND. TWO OF THE THREE WERE AWARDED PROOF OF CONCEPT CONTRACTS FROM DELTA DENTAL AND FARM BUREAU. THIS RATE OF INITIAL SUCCESS FAR SURPASSES THE USUAL SUCCESS RATES OF INSURETECH PROGRAMS NATIONWIDE. IN 2021, WE WORKED CLOSELY WITH FARM BUREAU TO DEVISE INNOVATION STRATEGY/THESIS AND ATTRACT MULTIPLE POTENTIAL PILOTS. IN 2024 THE BOARD DECIDED TO WIND DOWN OPERATIONS AND LIQUIDATE ASSETS IN LINE WITH NEW STRATEGIC VISION.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II Click to see attachment

List of Attached Documents:

// Content

...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III Click to see attachment

List of Attached Documents:

// Content

.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

Yes

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV..... Click to see attachment

List of Attached Documents:

// Content

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Yes

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

Yes

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Yes

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
ANTHONY KLISCH1000 S WASHINGTON AVE STE 201 LANSING,MI48910 (517) 512-4523

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) LISA M CORLESS...................................................................... CHAIR	1.00 ................. 1.00	X	X	0	0	0
(2) DON MCNABB...................................................................... VICE CHAIR	1.00 ................. 1.00	X	X	0	0	0
(3) MARK MCDANIEL...................................................................... SECRETARY/TREASURER	1.00 ................. 1.00	X	X	0	0	0
(4) JEFFREY BENSON...................................................................... PAST CHAIR	1.00 ................. 1.00	X	X	0	0	0
(5) JAMES JV ANDERTON...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(6) APRIL CLOBES...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(7) THERESA DUBIEL...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(8) TICO DUCKETT...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(9) PAT GILLESPIE...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(10) JULIE MANN...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(11) KIRK RAY...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(12) DR STEVE ROBINSON...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(13) CARRIE ROSINGANA...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(14) DONALD E SIMON...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(15) JO SPERRY...................................................................... EXECUTIVE COMMITTEE	1.00 ................. 1.00	X		0	0	0
(16) MARK ALLEY...................................................................... PARTIAL-YEAR BOARD MEMBER	1.00 .................	X		0	0	0
(17) CHRIS BAGWELL...................................................................... BOARD MEMBER	1.00 .................	X		0	0	0

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) JIM BAKER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(19) BEN BAKKEN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(20) CHRISTY BIGELOW........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(21) GREG BROGAN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(22) GEORGE M BROOKOVER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(23) MARY CLARK........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(24) COLIN CRONIN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(25) STEVE CURRAN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(26) MARCI DANIELS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(27) KELLIE DEAN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(28) REBECCA DEVOOGHT........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(29) MARGARET DIMOND........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(30) JOHN DUNN........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(31) SCOTT DZURKA........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(32) EVEMARIE EYDE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(33) JACOB FARMER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(34) KENNETH FLETCHER........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(35) BRENT FORSBERG........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(36) BRAD FUNKHOUSER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(37) RICK GALARDI........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(38) TOM GALLAGHER........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(39) TAMMY GILROY........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(40) MICK S GREWAL SR........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(41) GRACE GRIFFIN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(42) PATRICIA HERRING-JACKSON........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(43) CHRIS HOLMAN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(44) STACI HOLMES........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(45) WILLIAM HUFNAGEL........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(46) MEGAN JACOBS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(47) TIM JEWELL........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(48) KATIE JOHN........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(49) GORAN JURKOVIC........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(50) BILL KIMBLE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(51) PETE KRAMER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(52) RACHEL KUTZSCH........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(53) JOHN L HAYHOE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(54) SUE LEEMING........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(55) TIM LEWIS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(56) VAN MARTIN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(57) MICHELLE MASSEY........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(58) PAT MCPHARLIN........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(59) JEREMIAH MOSTROM........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(60) KEITH D MULDER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(61) BLAKE MULDER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(62) NICOLE NOLL-WILLIAMS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(63) RICHARD PEFFLEY........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(64) JULIE PINGSTON........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(65) MARK POLSDOFER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(66) KELLY PRESTON........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(67) JODY PROMER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(68) BENJAMIN J BJ PUCHALA........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(69) YVONNE RIDGE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(70) STEVE ROZNOWSKI........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(71) TIMOTHY SALISBURY........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(72) ROD SANDERS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(73) ANDY SCHOR........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(74) ROBERT SCHRODER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(75) DOUG SEARLES........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(76) BETH SHAW........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(77) ROBERT SHOWERS........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(78) KERN SLUCTER........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(79) KATE SNYDER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(80) LAURIE STRAUSS BAUMER........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(81) BEN TIRRELL........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(82) JESSICA TRAMONTANA........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(83) KYLE V MAZUREK........................................................................ PARTIAL-YEAR BOARD MEMBER	1.00 .......................	X			0	0	0
(84) RUSSELL WHIPPLE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(85) DAVID ZYBLE........................................................................ BOARD MEMBER	1.00 .......................	X			0	0	0
(86) ERIKA BROWN-BINION........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(87) CHAZ CARRILLO........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(88) TIM DAMAN........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(89) JACK DEVINE........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(90) CINDY KANGAS........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(91) DR ALANE LAWS-BARKER........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(92) MEGHAN MARTIN........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(93) CHRIS SELL........................................................................ AD-HOC	1.00 .......................	X			0	0	0
(94) ROBERT L TREZISE JR........................................................................ PRESIDENT & CEO	40.00 .......................1.00		X		395,812	0	54,838
(95) ANTHONY T KLISCH........................................................................ CFO	40.00 .......................		X		113,646	0	18,510
(96) ANTHONY A WILLIS........................................................................ CEDO	40.00 .......................			X	136,754	0	28,739
(97) KEITH LAMBERT........................................................................ COO	40.00 .......................			X	148,088	0	21,457

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	794,300	0	123,544

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 4

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d	210,000
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	25,001,478

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		25,211,478

		Business Code
2a	MEMBERSHIP DUES	900099	1,338,450	1,338,450
b	CONTRACT SERVICES	900099	439,674	439,674
c	ADMINISTRATIVE SERVICES	900099	4,469	4,469
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		1,782,593

3 Investment income (including dividends, interest, and othersimilar amounts) ......			501,576			501,576
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	MISCELLANEOUS REVENUE		900099	2,246	2,246
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			2,246
12	Total revenue. See instructions.....			27,497,893	1,784,839	0	501,576

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	27,315,534
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	33,586
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	8,875
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	582,806
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	1,057,467
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	39,662
9	Other employee benefits .......	113,317
10	Payroll taxes ...........	105,481
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	8,470
c	Accounting ...........	128,560
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	185,764
12	Advertising and promotion ....	162,439
13	Office expenses .......	61,748
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	107,782
17	Travel ............	35,145
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	2,474
23	Insurance ...	23,018
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	OTHER	32,341
b	MEMBERSHIP DUES	17,249
c	EVENT SUPPORT	13,146
d	STAFF DEVELOPMENT	7,126
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	30,041,990
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			3,467,053	1	470,222
2	Savings and temporary cash investments .........				2	11,239,104
3	Pledges and grants receivable, net ......			9,514,198	3	148,008
4	Accounts receivable, net .............				4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			31,506	9	34,201
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	190,343
b	Less: accumulated depreciation	10b	172,895	4,551	10c	17,448
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			3,765,666	15	1,053,500
16	Total assets. Add lines 1 through 15 (must equal line 33)...			16,782,974	16	12,962,483

17	Accounts payable and accrued expenses .....	9,899,889	17	1,587,035
18	Grants payable ...		18
19	Deferred revenue .........	226,875	19	286,039
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	1,617,341	25	8,594,637
26	Total liabilities. Add lines 17 through 25..	11,744,105	26	10,467,711

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	4,913,500	27	2,372,640
28	Net assets with donor restrictions ...........	125,369	28	122,132
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	5,038,869	32	2,494,772
33	Total liabilities and net assets/fund balances ........	16,782,974	33	12,962,483

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

27,497,893

Total expenses (must equal Part IX, column (A), line 25) ............

30,041,990

Revenue less expenses. Subtract line 2 from line 1 ..............

-2,544,097

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

5,038,869

Net unrealized gains (losses) on investments ...............

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

2,494,772

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

Yes

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Yes

Form 990 (2024)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025) Page 2

Name of organization LANSING ECONOMIC AREA PARTNERSHIP

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 3

Name of organization LANSING ECONOMIC AREA PARTNERSHIP		Employer identification number 20-8132313

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (Rev. 1-2025)

Schedule B (Form 990) (Rev. 1-2025)

Page 4


Name of organization LANSING ECONOMIC AREA PARTNERSHIP			Employer identification number 20-8132313
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	11,372	8,207	3,165
d	Equipment ....	156,069	141,786	14,283
e	Other .....	22,902	22,902	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				17,448

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)INVESTMENT IN SUBSIDIARY				264,184
(2)RIGHT OF USE ASSET				605,472
(3)REFUNDABLE ADVANCES ON CONDITIONAL CONTRIBUTIONS GIVEN				183,844
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				1,053,500

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
ACCRUED COMPENSATION	82,600
REFUNDABLE ADVANCES ON CONDITIONAL CONTRIBUTIONS	7,898,374
OPERATING LEASE OBLIGATION	613,663






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	8,594,637
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	LEAP, INC., LEAP FOUNDATION, AND PROTO HAVE EVALUATED THEIR INCOME TAX FILING POSITIONS FOR THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2024. LEAP, INC., LEAP FOUNDATION, AND PROTO HAVE CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. LEAP, INC., LEAP FOUNDATION, AND PROTO DO NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. LEAP, INC., LEAP FOUNDATION, AND PROTO DO NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2024 AND 2023, AND ARE NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.

Return Reference

Explanation

PART X, LINE 2:

LEAP, INC., LEAP FOUNDATION, AND PROTO HAVE EVALUATED THEIR INCOME TAX FILING POSITIONS FOR THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2024. LEAP, INC., LEAP FOUNDATION, AND PROTO HAVE CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. LEAP, INC., LEAP FOUNDATION, AND PROTO DO NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. LEAP, INC., LEAP FOUNDATION, AND PROTO DO NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2024 AND 2023, AND ARE NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.

Schedule D (Form 990) (Rev. 1-2025)

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SCHEDULE F(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in the region	(f) Total expenditures for and investments in the region

















3a	Sub-total ....	0	0	0
b	Total from continuation sheets to Part I ...	0	0	0
c	Totals (add lines 3a and 3b)	0	0	0

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(g) Amount of noncash assistance
EUROPE (INCLUDING ICELAND & GREENLAND)	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING	8,875	0

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......
3	Enter total number of other organizations or entities .......................	1

Schedule F (Form 990) (Rev. 1-2025)

Schedule F (Form 990) (Rev. 1-2025)Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) (Rev. 1-2025)

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) (Rev. 1-2025)

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation

Schedule F (Form 990) (Rev. 1-2025)

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Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization
LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number
20-8132313

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) 10K GROUP LLC 16192 COASTAL HIGHWAY LEWES,DE19958	20-2215642		42,000	MEDC-SBSH GRANT EXPENDITURES - SBSH CONTRACTOR ROLE
(2) AC HOTEL LANSING 3150 E MICHIGAN AVE LANSING,MI48912	84-3113683		6,655	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL
(3) ALLEN NEIGHBORHOOD CENTER 1611 E KALAMAZOO STREET LANSING,MI48912	38-3502484	501C3	82,610	MEDC-SBSH PARTNER PROGRAMS-SBSH KITCHEN INCUBATION SUPPORT / TREK FUND YOUR ACCELERATION
(4) BAILEYS BUTTERS ANDREA N HILL SOLE MBR 1684 EAST GRAND RIVER AVE EAST LANSING,MI48823	99-1945338		5,048	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(5) BEST PRACTICES CONSULTING SERVICE LLC 10000 WAYNE ROAD ROMULUS,MI48174	26-2596323		111,613	DEEP (DEPT EQUITABLE ECON DEV) - PNC BLACK ENTREP TA / TREK DEEP-TREK ASCEND / INGHAM COUNTY SUNRISE-ELEVATE GRANTS
(6) BODMAN PLC 1901 ST ANTOINE ST 6TH FLOOR DETROIT,MI48226	38-1308687		5,025	BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES.
(7) BOLD GROWTH LLC 2915 CRESTWOOD DR EAST LANSING,MI48823	87-1782134		75,000	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH BLUE PRINT PROGRAM
(8) CAPITAL CONSULTANTS INC DBA C2AE 106 WEST ALLEGAN STREET LANSING,MI48933	38-1811650		44,999	DELHI TWP SSRP GRANT EXPENSE SOFT / MEDC PROACTIVE SSRP PRIORITY / MEDC CDC REGIONAL PLAN / MEDC-BUILD READY SITE
(9) CAPITAL REGION AIRPORT AUTHORITY 41000 CAPITAL CITY BLVD LANSING,MI48906	38-1949776		52,000	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP PRIORITY
(10) CASSIN CONSULTING LLC 728 PRINCETON AVE LANSING,MI48915	85-2544332		5,353	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(11) CITY OF GRAND LEDGE1 310 GREENWOOD ST GRAND LEDGE,MI48837	38-6004688	GOVT	92,000	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP COMP
(12) CITY OF LESLIE 602 W BELLEVUE ST LESLIE,MI49251	38-6005803	GOVT	8,513	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC SMALL TOWN GRANTS
(13) CITY OF OVID 114 E FRONT STREET OVID,MI48866	38-6007195	GOVT	11,000	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC SMALL TOWN GRANTS
(14) COLLECTIVE WELLNESS COUNS AND CONSULTING 4225 HARBOUR COVE LANSING,MI48911	85-3754878		6,200	INGHAM COUNTY SUNRISE GRANT EXPENSE - ELEVATE GRANTS
(15) CUSHMAN & WAKEFIELD US INC 1180 PEACHTREE STREET NE STE 3100 ATLANTA,GA30309	13-2625361		190,000	MEDC DELHI TWP SSRP GRANT EXPENSE - DELHI TWP SSRP GRANT EXPENSE SOFT
(16) CYRINA LLC 1021 W BARNES AVE LANSING,MI48910	99-3703553		15,400	MEDC SMALL BIZ SUPPORT GRANT EXPENSE - SBSG-EQUIT ECON INCLUSION FELLOW
(17) DELTA CHARTER TOWNSHIP 7710 W SAGINAW HWY LANSING,MI48917	38-6030414	GOVT	17,059,815	MSF SSRP ULTIUM GRANT EXPENSE - MSF STRATEGIC FUND ULTIUM EXPENSE
(18) DOWNTOWN LANSING INC 112 S WASHINGTON SQUARE LANSING,MI48933	38-6004628		75,000	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH RETAIL INCUBATION SUPPORT
(19) DYMAXION DEVELOPMENT LLC 503 MALL COURT SUITE 312 LANSING,MI48912	82-4330088		100,000	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP COMP
(20) EARTHMETRIC INNOVATIONS INC 19251 BRETTON DRIVE DETROIT,MI48223	93-4219992		10,000	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(21) ECONOMIC MODELING LLC (EMSI) PO BOX 9008 MOSCOW,ID83843	27-1605272		23,500	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING
(22) EVERYTHING IS CHEESECAKE LLC 5214 S CEDAR ST LANSING,MI48911	82-4759487		5,150	INGHAM COUNTY SUNRISE GRANT EXPENSE - ELEVATE GRANTS
(23) EYDE LAND HOLDINGS LLC 300 S WASHINGTON SQ SUITE 400 LANSING,MI48933	94-4602289		74,400	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP COMP
(24) FOREVER VISION LLC 3413 WAINWRIGHT LANSING,MI48911	92-2159436		5,616	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(25) FOSTER SWIFT COLLINS & SMITH PC 313 SOUTH WASHINGTON SQUARE LANSING,MI48933	38-1904703		188,620	DELHI TWP SSRP GRANT EXPENSE SOFT / MEDC PROACTIVE SSRP PRIORITY / INGHAM COUNTY SUNRISE-WORKER OWNED PROGRAM / MEDC-SBSH / MEDC BUILD READY SITE GRANT 7 / BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES
(26) FOURTH ECONOMY CONSULTING INC PO BOX 81620 PITTSBURGH,PA15217	27-3315671		15,000	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING
(27) GARY CALDWELL PRODUCTIONS LLC 325 GRAND RIVER SUITE 312 EAST LANSING,MI48823	85-3681178		13,775	TREK DEEP PROGRAM EXPENSES - TREK ELEVATE / MEDC-SBSH
(28) GIS PLANNING INC 311 CALIFORNIA STREET SAN FRANSISCO,CA94104	94-3306464		12,150	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING
(29) GRAND VALLEY STATE UNIVERSITY - MI SBDC 50 FRONT AVE SW - SUITE 1020 GRAND RAPIDS,MI49504	38-1684280	SCHOOL	14,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL
(30) GRIFFIN MEDIA & DESIGN LLC 3825 ROAYAL DR HOLT,MI48842	87-1476812		5,650	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - TREK FUND YOUR ACCELERATION
(31) HOLLAND ENGINEERING 220 HOOVER BLVD HOLLAND,MI49423	38-2142304		98,390	MEDC BUILD READY SITE GRANT 7
(32) JOTFORM 4 EMBARCADERO CENTER SUITE 780 SAN FRANSISCO,CA94111	46-5729520		6,296	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING
(33) JS TRANSITIONS INC 1086 RED PINE DRIVE IONA,MI48846	81-4226052		38,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - WORKER OWNED PROGRAM
(34) KRAMER MANAGEMENT GROUP INC 1305 S WASHINGTON AVE STE 101 LANSING,MI48910	27-2156098		22,419	MEDC DELHI TWP SSRP GRANT EXPENSE - DELHI TWP SSRP GRANT EXPENSE SOFT
(35) KS PRECIOUS CARE LEARNING CENTER INC 6920 S CEDAR ST SUITE 5 LANSING,MI48911	14-2006700		5,743	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(36) LAND & RESOURCE ENGINEERING - LRE 2121 3 MILE RD NW WALKER,MI49544	81-2934554		12,463	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP PRIORITY
(37) LANSING BOARD WATER AND LIGHT PO BOX 13007 LANSING,MI489013007	38-3496864	GOVT	4,435,796	MSF SSRP ULTIUM GRANT EXPENSE - MSF STRATEGIC FUND ULTIUM EXPENSE
(38) LANSING COMMUNITY COLLEGE 309 N WASHINGTON SQ STE 203 LANSING,MI48933	38-1787641	SCHOOL	10,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - ARPA GRAND PROGRAM
(39) LANSING REGIONAL CHAMBER 500 E MICHIGAN AVE STE 200 LANSING,MI48912	38-0745180		20,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - WORKER OWNED PROGRAM
(40) LEAP FOUNDATION 1000 S WASHINGTON AVE SUITE 201 LANSING,MI48910	26-0206557	501C3	6,324	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING / MEDC-SBSH
(41) LOOPY PRODUCTS 1741 CHIEF OKEMOS CIRCLE 2 OKEMOS,MI48864	46-4840263		10,000	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(42) M&S1 LLC 221 S WASHINGTON SQUARE LANSING,MI48933	88-1373987		6,244	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(43) MARSHALL ASSOCIATES 500 CACADE WEST PARKWAY SE GRAND RAPIDS,MI49546	27-2857323		7,350	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP PRIORITY
(44) MARTIN WAYMIRE ADVOCACY 600 WEST SAINT JOSEPH SUITE 100 LANSING,MI48933	20-0895092		13,500	BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES.
(45) MELANATED BUSINESS ALLIANCE 6438 RIDGEPOINT PLACE EAST LANSING,MI48823	86-2366321		56,250	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH YOUTH ENTREP SUP HANDLING
(46) MICHIGAN CREATIVE MARKETING LLC 1003 N WASHINGTON AVE LANSING,MI48906	46-3050780		34,500	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - TREK FUND YOUR ACCELERATION / BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES
(47) MICHIGAN STATE UNIVERSITY14 325 E GRAND RIVER RD SUITE 355 EAST LANSING,MI48823	38-6005984	SCHOOL	14,446	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH MSU INTERNSHIP PROGRAM / YOUTH ENTREPRENEURSHIP
(48) MILEAD CONSULTING PO BOX 7898 ANN ARBOR,MI48107	46-5752258		12,350	BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES.
(49) MI-SBDC 50 FRONT AVE SW SUITE 1020 GRAND RAPIDS,MI495046424	38-1684280		109,995	MEDC-SBSG-ONE & ALL (SBDC ADMIN) / SBSH ONE-ON-ONE TECHICAL ASST
(50) MOONSAIL NORTH LLC PO BOX 152 OKEMOS,MI48805	46-3864171		88,000	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP MARKETING SPEND
(51) MULTIVIEW PO BOX 203486 DALLAS,TX753203486	98-1078949		39,928	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC OTHER GRANT EXPENSE
(52) OURSPACE (517) 3003 EMICHIGAN AVE 1039 LANSING,MI48912	88-3723592		29,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - MEDC SMALL BIZ SUPPORT GRANT EXPENSE - SBSG-NEW PROGRAM (INFLUESOAR)
(53) PACIFIC PARKWAY PRODUCTIONS LLC 626 PACIFIC PARKWAY LANSING,MI48910	88-4321693		9,350	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(54) PARADISO (PHOTOSBYPARAD) 1912 WILLIAMS ST LANSING,MI48915	67-5096363		9,400	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL - TREK DEEP
(55) PARTNER ENGINEERING AND SCIENCE INC PO BOX 207428 DALLAS,TX75320	20-8264379		73,600	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP PRIORITY
(56) PEACE & HARMONY COUNSELING SERVICES 2132 CEDAR STREET HOLT,MI48842	84-2599204		10,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - ELEVATE GRANTS
(57) PRIMED COMBAT LLC 12953 W STATE ROAD GRAND LEDGE,MI48837	92-1863191		6,616	MEDC-SBSH GRANT EXPENDITURES - SBSH LEAP TREK HUB - DIRECT GRAND
(58) PUBLIC SECTOR CONSULTANTS INC 230 N WASHINGTON SQUARE LANSING,MI48933	38-2402199		187,929	BUSINESS ATTRACTION - MEDC-CDC ATTRACTION MARKETING / ECIC CHILDCARD GRANT
(59) REFUGEE DEVELOPEMENT CENTER 600 W MAPLE STREET SUITE A LANSING,MI48906	26-3936253		19,500	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL
(60) SLEEKFIRE MEDIA 117 E WALKER ST STJOHNS,MI48879	81-1263348		9,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL
(61) SMYTH PHILLIPS CO 112 W MAIN STREET MAPLE RAPIDS,MI48853	26-1263025		12,525	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC SMALL TOWN GRANTS
(62) STANTEC CONSULTING SERVICES INC 13980 COLLECTIONS CENTER DRIVE CHICAGO,IL60693	11-2167170		33,627	MEDC BUILD READY SITE GRANT 7
(63) TEQUILTY LLC 1108 CANTERFIELD PARKWAY W WEST DUNDEE,IL60118	84-3976845		10,000	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - TREK FUND YOUR ACCELERATION
(64) THE FLEDGE 1300 EUREKA LANSING,MI48912	47-3505467		130,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - ONE & ALL
(65) THE GILLESPIE COMPANY 1629 E MICHIGAN AVE STE 103 LANSING,MI48912	37-1529297		48,000	MEDC PROACTIVE SSRP GRANT - MEDC PROACTIVE SSRP COMP
(66) THE GRAND LEDGE FLEDGE 1300 EUREKA STREET LANSING,MI48912	47-3505467		75,000	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH INCUBATOR AND ACCELERATOR
(67) THE MILESWEST GROUP 1323 MOORES RIVER DRIVE LANSING,MI48910	82-4572962		8,158	INGHAM COUNTY SUNRISE GRANT EXPENSE - ARPA GRAND PROGRAM
(68) TRANSFORMATION GEMS 3333 S PENNSYLVANIA AVE LANSING,MI48910	47-1207351		90,000	MEDC-SBSH GRANT EXPENDITURES - SBSH PARTNER PROGRAMS - SBSH TRI-COUNTY UNSTOP GEMS PRO
(69) TREETOWN TECH LLC 1665 HIGHLAND DR SUITE C ANN ARBOR,MI48108	81-4523034		13,500	BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES.
(70) TRI-STAR TRUST BANK 1004 N MICHIGAN AVE SAGINAW,MI48602	38-3563619		33,000	INGHAM COUNTY SUNRISE GRANT EXPENSE - WORKER OWNED PROGRAM
(71) TRITERRA 1305 S WASHINGTON AVE LANSING,MI48910	26-4017482		107,745	MEDC PROACTIVE SSRP PRIORITY / MEDC BUILD READY SITE GRANT 7
(72) URAL LLC 3883 RAVENSFIELD DR CANTON,MI48188	80-1264717		16,766	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC ATTRACTION MARKETING
(73) VILLAGE OF STOCKBRIDGE 118 N CENTER ST STOCKBRIDGE,MI49285	38-6004737	GOVT	18,750	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC SMALL TOWN GRANTS
(74) VILLAGE OF VERMONTVILLE 194 W MAIN STREET VERMONTVILLE,MI49096	38-6004742	GOVT	23,099	BUSINESS ATTRACTION - MEDC CDC GRANT EXPENSE - CDC SMALL TOWN GRANTS
(75) WESTERN MICHIGAN UNVERSITY 4651 CAMPUS DRIVE KALAMAZOO,MI49098	38-6007327	SCHOOL	24,453	BUSINESS ACCELERATOR FUNDS USED TO PAY SERVICE PROVIDER TO ASSIST STARTUP BUSINESSES.

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) Rev. 1-2025

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) CASH GRANT	3	33,586
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

LEAP'S GENERAL FUND BUDGETS FOR ITS PUBLIC ART FOR COMMUNITIES GRANT PROGRAM. UPON SUBMISSION OF PROPOSALS, A PLACEMAKING SELECTION COMMITTEE REVIEWS AND SCORES THE PROPOSALS BASED ON THE APPLICATION GUIDELINES, ELIGIBILITY CRITERIA, QUALITY AND CAPACITY OF THE PROJECT. LEAP RECEIVES VARIOUS GRANT FUNDS FROM THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION (MEDC) FOR SPECIFIC PROJECTS/PROGRAMS. EACH GRANT HAS AN ASSIGNED PROJECT MANAGER THAT ADMINISTERS THE GRANT ACTIVITIES AND COORDINATES ALL FINANCIAL ACTIVITIES WITH THE VP OF FINANCE. THE PROJECT MANAGER IS RESPONSIBLE TO ENSURE THE MILESTONES AND REPORTING REQUIREMENTS ARE MET IN ORDER TO RECEIVE THE NEXT DRAW FOR FUNDS FROM THE MEDC. THE VP OF FINANCE MONITORS THE GRANT EXPENSES TO ENSURE EXPENSES ARE ALLOCATED ACCORDING TO THE GRANT BUDGET AND TERMS OF THE GRANT.

Schedule I (Form 990) Rev. 1-2025

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1ROBERT L TREZISE JR PRESIDENT & CEO	(i) (ii)	395,812 ------------- 0	0 ------------- 0	0 ------------- 0	19,749 ------------- 0	35,089 ------------- 0	450,650 ------------- 0	0 ------------- 0
2KEITH LAMBERT COO	(i) (ii)	148,088 ------------- 0	0 ------------- 0	0 ------------- 0	8,078 ------------- 0	13,379 ------------- 0	169,545 ------------- 0	0 ------------- 0
3ANTHONY A WILLIS CEDO	(i) (ii)	136,754 ------------- 0	0 ------------- 0	0 ------------- 0	6,732 ------------- 0	22,007 ------------- 0	165,493 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No




Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) (Rev. 1-2025)

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) BLUE CROSS BLUE SHIELD	BENJAMIN PUCHALA IS ON THE BOARD OF RECIPIENT ORGANIZATION	152,178	HEALTH INSURANCE		No
(2) PUBLIC SECTOR CONSULTANTS	RACHEL KUNTZSCH IS ON THE BOARD OF RECIPIENT ORGANIZATION	187,749	DIRECT FINANCIAL ASSISTANCE		No
(3) TRITERRA	DON MCNABB IS CHAIR OF BOARD OF RECIPIENT ORGANIZATION	107,745	DIRECT FINANCIAL ASSISTANCE		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Return Reference	Explanation
FORM 990, PART III, LINE 2	MEDC-CDC GRANT ($500K) - DEPLOYED OVER $87,000 IN SMALL TOWN ENHANCEMENT GRANTS TO 5 RURAL SMALL TOWNS FOR PLACE-BASED PROJECTS AND PUBLIC SPACE ACTIVATION 2 IN CLINTON AND INGHAM COUNTIES, ONE IN EATON. VILLAGE OF VERMONTVILLE FOR RENOVATING A HISTORIC BELL TOWER, VILLAGE OF STOCKBRIDGE FOR TRANSFORMING THE PATIO SECTION NEXT TO VILLAGE HALL INTO A TRANQUIL SEATING/RELAXATION AREA, CITY OF LESLIE FOR NEW PAVILION AT THE SITE OF THE FORMER COMMUNITY POOL, VILLAGE OF MAPLE RAPIDS FOR HISTORIC FACADE PROJECT AT A 120-YEAR-OLD BUILDING, CITY OF OVID FOR INSTALLATION OF NEW BANNERS ALONG MAIN STREET IN THE DOWNTOWN AREA. IN 2023, THERE WAS NO SINGULAR DATA SOURCE / TOOL FOR FUTURE LAND USE MAPPING ACROSS MUNICIPALITIES FOR THE ENTIRE TRI-COUNTY REGION. SO, WE BUILT ONE WITH THE HELP OF A GRADUATE STUDENT AT THE UNIVERSITY OF DENVER. IN 2024, LEAP PARTNERED WITH C2AE ENGINEERING TO COMPLETE THE GIS FORMAT AND PROVIDE THE ABILITY TO VIEW IT FROM ANY DESKTOP SETTING SO THAT THE MAP CAN BE PUBLISHED PUBLICLY. THIS ALLOWS DEVELOPERS, POTENTIAL END USERS, AND BROKERS TO IDENTITY FUTURE REAL ESTATE OPTIONS AND BETTER SELECT SITES THAT HAVE SUPPORTIVE ZONING AND PLANNING. THIS ALSO SUPPORTS THE WORKING TAKING PLACE VIA MSHDA'S STATEWIDE HOUSING PARTNERSHIPS, WHICH LEAP IS PART OF IN THE REGION.
FORM 990, PART III, LINE 3	AS OF 12/31/2024 THE INGHAM COUNTY SUNRISE GRANT HAS EXPIRED. IN MARCH OF 2024 THE EDA MEDTECH GRANT EXPIRED.
FORM 990, PART VI, SECTION A, LINE 1A	THE ELEVEN (11) MEMBER EXECUTIVE COMMITTEE IS APPOINTED ON AN ANNUAL BASIS AND HAS THE AUTHORITY TO ACT ON BEHALF OF THE ENTITY WITH ALL THE POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE 85 MEMBER BOARD OF DIRECTORS APPROVES THE ELECTION OF THE SLATE OF OFFICERS, THE ANNUAL BUDGET, THE AUDITED FINANCIAL STATEMENTS, FORM 990 AND ANY BYLAW CHANGES.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE ELEVEN (11) MEMBER EXECUTIVE COMMITTEE IS APPOINTED ON AN ANNUAL BASIS AND HAS THE AUTHORITY TO ACT ON BEHALF OF THE ENTITY WITH ALL THE POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE 85 MEMBER BOARD OF DIRECTORS APPROVES THE ELECTION OF THE SLATE OF OFFICERS, THE ANNUAL BUDGET, THE AUDITED FINANCIAL STATEMENTS, FORM 990 AND ANY BYLAW CHANGES.
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE AND LEAP STAFF MUST ANNUALLY SIGN A STATEMENT CONCERNING POTENTIAL CONFLICTS OF INTEREST. A REVIEW IS CONDUCTED UPON RECEIPT OF THE CONFLICT OF INTEREST FORMS. IF ANY CONFLICTS ARE NOTED, THESE ARE BROUGHT TO THE ATTENTION OF THE PRESIDENT/CEO.
FORM 990, PART VI, SECTION B, LINE 15A	THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE PRESIDENT & CEO'S COMPENSATION. COMPENSATION IS COMPARED WITH OTHER SIMILAR ORGANIZATIONS FOR BENCHMARKING. THIS DATA, ALONG WITH PERFORMANCE DATA IS EVALUATED BY THE EXECUTIVE COMMITTEE TO DETERMINE COMPENSATION FOR THE FOLLOWING FISCAL YEAR. THE PRESIDENT & CEO IS RESPONSIBLE FOR EVALUATING AND ESTABLISHING THE OTHER OFFICERS OR KEY EMPLOYEE COMPENSATION. COMPENSATION IS COMPARED WITH SIMILAR ORGANIZATIONS & POSITIONS. THIS DATA, ALONG WITH PERFORMANCE DATA IS EVALUATED BY THE PRESIDENT & CEO.
FORM 990, PART VI, SECTION C, LINE 19	THE IRS DETERMINATION LETTER, FORM 1024, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C	THE PROCESS FOR SELECTING AND OVERSEEING THE WORK OF THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEARS.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

LANSING ECONOMIC AREA PARTNERSHIP

Employer identification number

20-8132313

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) JA&O LLC 1000 S WASHINGTON AVE STE 201 LANSING,MI48910	MEDC GRANT PROGRAM	MI	-27,500	0	LANSING ECONOMIC AREA PARTNERSHIP
(2) MN&V LLC 1000 S WASHINGTON AVE STE 201 LANSING,MI48910	MEDC GRANT PROGRAM	MI	0	0	LANSING ECONOMIC AREA PARTNERSHIP
(3) PG&W LLC 1000 S WASHINGTON AVE STE 201 LANSING,MI48910	MEDC GRANT PROGRAM	MI	-2,808,500	0	LANSING ECONOMIC AREA PARTNERSHIP
(4) PMSD LLC 1000 S WASHINGTON AVE STE 201 LANSING,MI48910	MEDC GRANT PROGRAM	MI	0	0	LANSING ECONOMIC AREA PARTNERSHIP

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)LEAP FOUNDATION INC 1000 S WASHINGTON AVE SUITE 201 LANSING,MI48910 26-0206557	ECONOMIC DEVELOPMENT	MI	501(C)(3)	LINE 12A, I	LEAP INC	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) (Rev. 1-2025)

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) LANSING PROTO INC 1000 S WASHINGTON AVE SUITE 201 LANSING,MI48910 81-1973019	BUSINESS ACCELERATOR	MI	LANSING ECONOMIC AREA PARTNERSHIP	C	-6,887	144,193	100.000 %		No

Schedule R (Form 990) (Rev. 1-2025)

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) LEAP FOUNDATION INC	C	210,000	CASH

Schedule R (Form 990) (Rev. 1-2025)

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) (Rev. 1-2025)

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No