Lake Erie Energy Development Corporation: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: Lake Erie Energy Development Corporation (EIN 27-2238400)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-11-12
IRS object ID: 201533169349304278
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-11-12T14:25:27-06:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCGLADREY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1001 LAKESIDE AVE SUITE 200	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	441141152	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	272238400	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAKE ERIE ENERGY DEVELOPMENT CORPORATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LAKE	BusinessNameControlTxt
Phone	2169650627	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1938 EUCLID AVENUE NO 200	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44115	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DR LORRY WAGNER	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2162419201	PhoneNum
Signature	2015-11-12	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ZACHARY FORTSCH	PreparerPersonNm
PTIN	P00052725	PTIN
Phone	2165231900	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-04-25 22:37:26Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	LEEDCO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	DR LORRY WAGNER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1938 EUCLID AVENUE NO 200	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44115	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,227,591	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LEEDCO.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2009	FormationYr
Legal Domicile State	OH	LegalDomicileStateCd
Activity Or Mission	CREATE ROBUST OFFSHORE WIND ENERGY INDUSTRY IN NORTHEAST OHIO.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,375,857	PYContributionsGrantsAmt
CY Contributions Grants	$1,210,803	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$128	PYInvestmentIncomeAmt
CY Investment Income	$121	CYInvestmentIncomeAmt
PY Other Revenue	$200	PYOtherRevenueAmt
CY Other Revenue	$16,667	CYOtherRevenueAmt
PY Total Revenue	$3,376,185	PYTotalRevenueAmt
CY Total Revenue	$1,227,591	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$623,990	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$586,666	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$66,425	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,918,293	PYOtherExpensesAmt
CY Other Expenses	$980,182	CYOtherExpensesAmt
PY Total Expenses	$3,542,283	PYTotalExpensesAmt
CY Total Expenses	$1,566,848	CYTotalExpensesAmt
PY Revenues Less Expenses	-$166,098	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$339,257	CYRevenuesLessExpensesAmt
Total Assets BOY	$652,994	TotalAssetsBOYAmt
Total Assets EOY	$365,053	TotalAssetsEOYAmt
Total Liabilities BOY	$771,496	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$822,812	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$118,502	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$457,759	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	LEEDCO IS A REGIONAL NON-PROFIT AND ECONOMIC DEVELOPMENT ORGANIZATION BUILDING AN OFFSHORE WIND ENERGY INDUSTRY IN OHIO.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,196,402	ExpenseAmt
Desc	THE MAJOR STEP IN PURSUIT OF LAKE ERIE ENERGY DEVELOPMENT CORPORATION'S ("LEEDCO") MISSION TO BUILD THE OFFSHORE WIND INDUSTRY IN NORTHEAST OHIO IS TO DEVELOP AN INITIAL DEMONSTRATION PROJECT IN LAKE ERIE. THIS PROJECT, KNOWN AS ICEBREAKER, WILL CONSIST OF SIX 3.0MW WIND TURBINES LOCATED 7 TO 9 MILES OFFSHORE OF DOWNTOWN CLEVELAND. IT WILL SERVE AS AN ENVIRONMENTAL DATA COLLECTION CENTER AND PROVIDE A MODEL FOR RESPONSIBLE OFFSHORE WIND DEVELOPMENT IN LAKE ERIE. ICEBREAKER WILL BE FITTED WITH AN ARRAY OF SENSORS MEASURING ICE, WAVE, AND WIND LOADS, ASSESSING THE PERFORMANCE OF THE SYSTEM, AS WELL AS MONITORING ECOLOGICAL ACTIVITY ESPECIALLY RELATED TO BIRDS, BATS, AND AQUATIC LIFE. THE EXPERIENCE AND DATA COLLECTED THROUGH THIS PROJECT WILL HELP US IDENTIFY BEST PRACTICES, REFINE THE ENGINEERING INNOVATIONS, VALIDATE THE ENVIRONMENTAL CONDITIONS, GUIDE SITING FOR FUTURE PROJECTS, AND ULTIMATELY LOWER THE COST OF ENERGY. BACK IN 2013, LEEDCO WAS ONE OF SEVEN ORGANIZATIONS TO WIN A $4 MILLION INVESTMENT FROM THE U.S. DEPARTMENT OF ENERGY ("DOE") TO FUND THE FIRST STAGE OF DEVELOPMENT ACTIVITIES FOR OFFSHORE WIND DEMONSTRATION PROJECTS IN VARIOUS PARTS OF THE UNITED STATES. LEEDCO ASSEMBLED A WORLD CLASS TEAM OF TECHNICAL, ENVIRONMENTAL, FINANCIAL, AND LEGAL PARTNERS TO EXECUTE THE ENGINEERING, SUPPLY CHAIN DEVELOPMENT, PERMITTING, PUBLIC ENGAGEMENT, AND BUSINESS DEVELOPMENT ACTIVITIES NEEDED TO ADVANCE THE ICEBREAKER PROJECT. THE PROJECT TEAM CONSISTED OF MANY COLLABORATORS: EUROPEAN FIRMS WITH FIRST-HAND EXPERIENCE BUILDING OFFSHORE WIND PROJECTS, WORLD-CLASS EQUIPMENT SUPPLIERS, LOCAL AND DOMESTIC UNIVERSITIES AND NATIONAL LABORATORIES, DOMESTIC SUPPLY CHAIN COMPANIES, AND PROFESSIONAL SERVICE PROVIDERS - COLLECTIVELY THIS TEAM UNDERSTANDS THE OFFSHORE WIND INDUSTRY AND KNOWS HOW TO BUILD THE INDUSTRY IN OHIO. LEEDCO ORGANIZED, MANAGED, AND LED THIS HIGH PERFORMANCE, MULTI-NATIONAL TEAM TO ENSURE SUCCESS AND ACHIEVE INNOVATIVE OUTCOMES. THIS WORK CONTINUED INTO 2014.EXPERIENCED WIND TURBINE INSTALLATION FIRM FRED. OLSEN WINDCARRIER AS JOINED THE DEVELOPMENT TEAM FOR ICEBREAKER. FRED. OLSEN WINDCARRIER, BASED IN OSLO, NORWAY, HAS PROVIDED INNOVATIVE AND TAILORED SERVICES FOR THE TRANSPORT, INSTALLATION AND MAINTENANCE OF OFFSHORE WIND FARMS. THEIR ROLE ON THE ICEBREAKER PROJECT IS TO HELP DEVELOP AN INSTALLATION STRATEGY THAT LEVERAGES EXISTING REGIONAL ASSETS SUCH AS BARGES, PORT INFRASTRUCTURE, AND LOCAL MANUFACTURING COMPANIES. THE STRATEGY WILL ALSO CONSIDER FUTURE OFFSHORE WIND PROJECTS BOTH IN LAKE ERIE AND THROUGHOUT THE GREAT LAKES.IN LATE 2014, A NEW DOE AWARD OF $2.8 MILLION WAS GIVEN TO LEEDCO TO COMPLETE THE DETAILED ENGINEERING. WITH THIS AWARD, LEEDCO IS LEADING AN INTERNATIONAL ENGINEERING TEAM TO DESIGN AN OFFSHORE WIND TURBINE FOUNDATION OPTIMIZED FOR FABRICATION IN THE UNITED STATES. THE DESIGN WILL CATALYZE DOMESTIC MANUFACTURING GROWTH BY REMOVING BARRIERS TO ENTRY FACED BY U.S.-BASED STEEL FABRICATORS THAT WANT TO SUPPLY FOUNDATIONS FOR THE OFFSHORE WIND INDUSTRY. LEEDCO PREVIOUSLY DEVELOPED THE CONCEPTUAL DESIGN OF THE FOUNDATION SYSTEM LAST YEAR THROUGH A DOE $4 MILLION INVESTMENT.LEEDCO HAS PARTNERED WITH GLWN, A LEADING WIND INDUSTRY SUPPLY CHAIN ADVISER, TO ENGAGE LOCAL AND REGIONAL FABRICATORS. GLWN IS AN INITIATIVE OF WIRE-NET, A CLEVELAND-BASED MANUFACTURING SUPPORT ORGANIZATION. WITH THEIR HELP, LEEDCO SELECTED AMERICAN TANK & FABRICATING ("AT&F"), A CLEVELAND-BASED STEEL FABRICATOR, AS A PARTNER TO REPRESENT U.S. FABRICATORS DURING THE DESIGN PROCESS. AT&F IS THE LEADER AMONG SEVERAL U.S. COMPANIES WITH THE SOPHISTICATION NECESSARY TO FABRICATE MONOPILES OF THE SCALE AND COMPLEXITY NEEDED FOR USE IN THE OFFSHORE WIND INDUSTRY.FURTHERMORE, LEEDCO IS WORKING WITH SEVERAL OTHER KEY PROJECT PARTNERS. A TEAM AT CASE WESTERN RESERVE UNIVERSITY IS CONDUCTING LABORATORY TESTING TO VALIDATE THE DESIGN; OFFSHORE DESIGN ENGINEERING, A U.K.-BASED COMPANY THAT HAS DESIGNED AND INSTALLED SEVERAL EUROPEAN OFFSHORE WIND PROJECTS, IS LEADING THE DETAILED ENGINEERING OF THE FOUNDATION; THE COLD REGIONS RESEARCH AND ENGINEERING LABORATORY, LOCATED IN HANOVER NEW HAMPSHIRE AND PART OF THE U.S. ARMY CORPS OF ENGINEERS' ENGINEER RESEARCH AND DEVELOPMENT CENTER, IS CHARACTERIZING ICE FORMATIONS IN LAKE ERIE TO INFORM THE LOADS ANALYSIS; AND SOUND AND SEA TECHNOLOGY, AN OCEAN ENGINEERING FIRM BASED IN LYNNWOOD, WASHINGTON, IS PERFORMING SOIL CHARACTERIZATION ANALYSIS.	Desc
Total Program Service Expenses	$1,196,402	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	18	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	DAVID KARPINSKI	PersonNm
Phone	2169650627	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1938 EUCLID AVENUE SUITE 200	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44115	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DANIEL R CLAYPOOL
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
JENITA MCGOWAN
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
KAREN L ALLPORT
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
ROBERT E AUFULDISH
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
STEVE DEVER
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
TED KALO
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
WILLIAM D FRIEDMAN
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
RONALD B RICHARD
BOARD CHAIRMAN	1.00	Yes (X)	$0	$0	$0	Yes (X)
FRAN DIDONATO
BOARD SECRETARY	1.00		$0	$0	$0	Yes (X)
J STEVEN COATES
BOARD TREASURER	1.00		$0	$0	$0	Yes (X)
DR LORRY WAGNER
PRESIDENT	40.00		$210,400	$0	$33,825	Yes (X)
DAVID KARPINSKI
VP OF OPERATIONS	40.00		$157,679	$0	$29,108		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$368,079	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$62,933	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt	CityContractorAddress/ForeignAddress/CityNm	CountryContractorAddress/ForeignAddress/CountryCd	Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd
OFFSHORE DESIGN ENGINEERING LTD
ST GEORGES HOUSE 5 ST GEORGES	WIMBLEDON	UK	SW19 4DR	PROJECT CONSTRUCTION MANAGEMENT	$457,100
PROJECT MANAGEMENT CONSULTANTS LLC
				PROJECT MANAGEMENT SERVICES	$179,397	3900 KEY CENTER 127 PUBLIC SQUARE	CLEVELAND	OH	44114
MCMAHON DEGULIS LLP
				PERMITTING/LEGAL	$162,689	812 HURON ROAD SUITE 650	CLEVELAND	OH	44115
CASE WESTERN RESERVE UNIVERSITY
				RESEARCH AND DESIGN	$123,450	10900 EUCLID AVENUE	CLEVELAND	OH	44106

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Government Grants	$990,156	GovernmentGrantsAmt
All Other Contributions	$220,647	AllOtherContributionsAmt
Total Contributions	$1,210,803	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$121	TotalRevenueColumnAmt
Exclusion	$121	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	REIMBURSEMENT INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$16,667	TotalRevenueColumnAmt
Exclusion	$16,667	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$16,667	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,227,591	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$16,788	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$244,225	TotalAmt
Program Services	$134,900	ProgramServicesAmt
Management And General	$84,339	ManagementAndGeneralAmt
Fundraising	$24,986	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$167,177	TotalAmt
Program Services	$92,342	ProgramServicesAmt
Management And General	$57,732	ManagementAndGeneralAmt
Fundraising	$17,103	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$20,250	TotalAmt
Program Services	$11,185	ProgramServicesAmt
Management And General	$6,993	ManagementAndGeneralAmt
Fundraising	$2,072	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$134,748	TotalAmt
Program Services	$74,430	ProgramServicesAmt
Management And General	$46,533	ManagementAndGeneralAmt
Fundraising	$13,785	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$20,266	TotalAmt
Program Services	$11,194	ProgramServicesAmt
Management And General	$6,999	ManagementAndGeneralAmt
Fundraising	$2,073	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$167,672	TotalAmt
Program Services	$155,602	ProgramServicesAmt
Management And General	$12,070	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$65,186	TotalAmt
Program Services	$60,494	ProgramServicesAmt
Management And General	$4,692	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$648,849	TotalAmt
Program Services	$602,142	ProgramServicesAmt
Management And General	$46,707	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,136	TotalAmt
Program Services	$1,000	ProgramServicesAmt
Management And General	$136	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$10,950	TotalAmt
Program Services	$7,011	ProgramServicesAmt
Management And General	$3,063	ManagementAndGeneralAmt
Fundraising	$876	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$31,500	TotalAmt
Program Services	$17,399	ProgramServicesAmt
Management And General	$10,878	ManagementAndGeneralAmt
Fundraising	$3,223	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$32,225	TotalAmt
Program Services	$16,134	ProgramServicesAmt
Management And General	$16,091	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$9,103	TotalAmt
Program Services	$5,028	ProgramServicesAmt
Management And General	$3,144	ManagementAndGeneralAmt
Fundraising	$931	FundraisingAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,561	TotalAmt
Program Services	$7,541	ProgramServicesAmt
Management And General	$4,644	ManagementAndGeneralAmt
Fundraising	$1,376	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,566,848	TotalAmt
Program Services	$1,196,402	ProgramServicesAmt
Management And General	$304,021	ManagementAndGeneralAmt
Fundraising	$66,425	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$362,112	BOYAmt
EOY	$27,949	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$270,966	BOYAmt
EOY	$266,277	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$19,916	BOYAmt
EOY	$70,827	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$652,994	BOYAmt
EOY	$365,053	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$771,496	BOYAmt
EOY	$472,812	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
EOY	$350,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$771,496	BOYAmt
EOY	$822,812	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$118,502	BOYAmt
EOY	-$457,759	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$118,502	BOYAmt
EOY	-$457,759	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$652,994	BOYAmt
EOY	$365,053	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$339,257	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$477,347	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$812,673	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$402,676	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,375,857	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,210,803	CurrentTaxYearAmt
Total	$6,279,356	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$477,347	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$812,673	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$402,676	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,375,857	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,210,803	CurrentTaxYearAmt
Total	$6,279,356	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$177,971	SubstantialContributorsTotAmt
Public Support Total170	$6,101,385	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$209	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$207	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$128	CurrentTaxYearMinus1YearAmt
Current Tax Year	$121	CurrentTaxYearAmt
Total	$677	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$200	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,667	CurrentTaxYearAmt
Total	$16,867	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$6,296,900	TotalSupportAmt
Public Support CY170	0.96900	PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	REIMBURSEMENT INCOME - 2013 AMOUNT: $ 200. 2014 AMOUNT: $ 16,667.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$641	OtherActivitiesAmt
Total Lobbying Expenditures	$641	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	THE NATURE OF THE LOBBYING EXPENSE WAS LEEDCO STAFF PROMOTING CLEAN ENERGY ON THE FEDERAL LEVEL. NO EXTERNAL LOBBYISTS WERE USED.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,508,763	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$281,172	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$281,172	RevenueNotReportedAmt
Revenue Subtotal	$1,227,591	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,227,591	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,848,020	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$281,172	DonatedServicesUseFcltsAmt
Expenses Not Reported	$281,172	ExpensesNotReportedAmt
Expenses Subtotal	$1,566,848	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,566,848	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING LEEDCO'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR LORRY WAGNER
PRESIDENT	$210,400	$0	$0	$0	$0	$0	$8,604	$0	$25,221	$0	$244,225	$0	$0	$0
DAVID KARPINSKI
VP OF OPERATIONS	$157,679	$0	$0	$0	$0	$0	$6,600	$0	$22,508	$0	$186,787	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 1A	FormAndLineReferenceDesc
Explanation	DR. LORRY WAGNER AND DAVID KARPINKSI RECEIVED TAX GROSS UP PAYMENTS OF $1,020, INDIVIDUALLY, WHICH WERE INCLUDED ON THEIR 2014 W-2'S.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	AFTER THE RETURN IS COMPILED BY THE TAX PREPARER AND UPON FINAL REVIEW BY THE EXECUTIVE DIRECTOR, THE FINAL VERSION OF THE FORM 990 IS GIVEN ELECTRONICALLY TO EACH BOARD MEMBER FOR A 5 DAY COMMENT PERIOD PRIOR TO SUBMISSION WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DIRECTOR AND OFFICER OF THE CORPORATION AND EACH MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS ANNUALLY SIGNS THE DISCLOSURE STATEMENT AND AFFIRMATION OF COMPLIANCE. TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. WHEN CONDUCTING THE PERIODIC REVIEWS, THE CORPORATION MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY: IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THE FOLLOWING STEPS SHALL BE TAKEN: A. THE BOARD SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES WHETHER THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15A	SALARY OF THE PRESIDENT IS SUBJECTED TO REVIEW BY A COMPENSATION COMMITTEE CREATED BY LEEDCO. THE COMMITTEE'S RESPONSIBILITIES INCLUDE SETTING THE COMPENSATION OF THE PRESIDENT AND APPROVING EMPLOYEE BENEFITS RECOMMENDED BY MANAGEMENT. COMPENSATION FOR THE PRESIDENT IS EVALUATED AGAINST THE MARKET. THE COMPENSATION COMMITTEE GATHERS COMPARABLE DATA FROM THE 990S OF OTHER NORTHEAST OHIO ECONOMIC DEVELOPMENNT ORGANIZATIONS TO ASSIST IN THE EVALUATION PROCESS. THE RESULTS OF THE EVALUATION PROVIDE THAT DIRECT PAY AND INDIRECT PAY PROGRAMS ARE AT OR BELOW MARKET MEDIANS. THE COMMITTEE RECORDS MINUTES DOCUMENTING THE COMPENSATION-SETTING PROCESS. COMPENSATION OF ALL OTHER EMPLOYEES IS DETERMINED BY THE PRESIDENT BY COMPARING MARKET MEDIANS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11G	CONSULTANTS AND PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 602,142. MANAGEMENT AND GENERAL EXPENSES 46,707. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 648,849.