7 Rivers Alliance
- Assets
- $129.5k
- Revenue
- $134.3k
- Investments
- $0.0
- Employees
- 1
- Location
- La Crosse, WI
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 01-0938132
Organization Overview
7 Rivers Alliance is located in La Crosse, WI. The organization was established in 2012. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 7 Rivers Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, 7 Rivers Alliance generated $134.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE 7 RIVERS ALLIANCE IS A TRI-STATE LEADERSHIP COUNCIL DEDICATED TO REGIONAL ECONOMIC GROWTH BY FOSTERING COLLABORATION IN SOUTHWEST WISCONSIN, SOUTHEAST MINNESOTA, AND NORTHEAST IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE 7 RIVERS ALLIANCE IS A PERSISTENT AND CONSISTENT ADVOCATE FOR KEEPING COMMUNICATION OPEN AND DEVELOPING REGIONAL NETWORKS IN THE UPPER MISSISSIPPI VALLEY THROUGH REGIONAL MEETINGS AND NETWORKING EVENTS. THE 7 RIVERS ALLIANCE BRINGS TOGETHER PUBLIC AND PRIVATE RESOURCES TO FORGE ENTREPRENEURIAL GROWTH AND SERVES AS A CLEARINGHOUSE OF VITAL INFORMATION TO ENHANCE QUALITY OF LIFE IN THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hardie Executive Di | Officer | 40 | $67,500 |
Joe Zietlow President | OfficerTrustee | 2 | $0 |
Garrick Olerud Vice Preside | OfficerTrustee | 1 | $0 |
Jenny Kuderer-Radcliffe Secretary | OfficerTrustee | 1 | $0 |
Mary Eiler Radl Treasurer | OfficerTrustee | 1 | $0 |
Joe Gow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $53,972 |
| Investment income | $315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,800 |
| Other employee benefits | $8,300 |
| Payroll taxes | $5,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,778 |
| Advertising and promotion | $1,130 |
| Office expenses | $40 |
| Information technology | $4,838 |
| Royalties | $0 |
| Occupancy | $5,878 |
| Travel | $300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,212 |
| All other expenses | $118 |
| Total functional expenses | $112,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566 |
| Savings and temporary cash investments | $128,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,484 |
| Accounts payable and accrued expenses | $2,308 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,998 |
| Total liabilities | $5,306 |
| Net assets without donor restrictions | $124,178 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $129,484 |