Pierce County Economic Development Corporation
- Assets
- $39.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- River Falls, WI
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 37-1222441
Organization Overview
Pierce County Economic Development Corporation is located in River Falls, WI. The organization was established in 1988. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pierce County Economic Development Corporation 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 12/2021, Pierce County Economic Development Corporation generated $110.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $110.6k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OUR GOALS AND OBJECTIVES ARE TO RECRUIT NEW BUSINESS, RETENTION OF EXISTING BUSINESS, PROVIDE ASSISTANCE TO START UP BUSINESSES, AND TO PROMOTE TOURISM. WE WORK WITH THE MUNICIPALITIES, AS WELL AS A 4 COUNTY CONSORTIUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Korpela Executive Committee | 1 | $0 | |
Dan Lytle Past President | 1 | $0 | |
Dawn Hukai President | 1 | $0 | |
Bill Schroeder Director | 1 | $0 | |
Tara Buechner Director | 1 | $0 | |
Curt Wandmacher Executive Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,386 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,840 |
| Other Revenue | $0 |
| Total Revenue | $110,231 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,512 |
| Professional fees and other payments to independent contractors | $50,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $448 |
| Other expenses | $16,134 |
| Total expenses | $110,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,211 |
| Other assets | $0 |
| Total assets | $39,447 |
| Total liabilities | $3,172 |
| Net assets or fund balances | $36,275 |
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