Lucas County Economic Development
LUCAS COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING, ADVANCING, AND ENCOURAGING THE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF LUCAS COUNTY AND THE SURROUNDING AREA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$88.1M
+98.6% YoY
Revenue
$5.1M
+11.1% YoY
Net Investment Income
$2.3M
+3.9% YoY
Expenses
$5.1M
+56.7% YoY
About Lucas County Economic Development
Based on IRS filings
Lucas County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in TOLEDO, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $88.1M in total assets. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $88,129,983 | $44,374,868 | $43,278,006 |
| Revenue | $5,120,679 | $4,608,812 | $2,020,086 |
| Expenses | $5,059,011 | $3,228,643 | $1,854,572 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,349,240 | $2,260,894 | $995,845 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIMBERLY CUTCHER | VICE PRESIDENT | 2 | — |
| LISA SOBECKI | BOARD MEMBER | 0.5 | — |
| NEAL MAHONEY | CHAIRMAN | 2 | — |
| PETER GERKEN | BOARD MEMBER | 0.5 | — |
| TERESA MOORE | BOARD MEMBER | 0.5 | — |
| TINA SKELDON WOZNIAK | BOARD MEMBER | 0.5 | — |
| MATTHEW S HEYRMAN | PRESIDENT | 2 | — |
| JESSICA FORD | TREASURER | 2 | — |
| DOUG BORN | OUTGOING PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lucas County Economic Development?
Lucas County Economic Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in TOLEDO, OH. It holds $88.1M in total assets as of 2024.
How large is Lucas County Economic Development?
As of 2024, Lucas County Economic Development holds $88.1M in total assets with $5.1M in annual revenue.
Where does Lucas County Economic Development operate?
Lucas County Economic Development has awarded grants in Ohio.
What is Lucas County Economic Development's EIN?
Lucas County Economic Development's EIN (Employer Identification Number) is 42-1711239. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lucas County Economic Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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