Hartford Area Development Corporation

Organization Overview

Hartford Area Development Corporation is located in Hartford, WI. The organization was established in 1978. 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. Hartford Area Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2019, Hartford Area Development Corporation generated $63.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $84.1k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO ENCOURAGE THE RETENTION AND EXPANSION OF EXISTING INDUSTRY AND COMMERCE WITHIN THE CITY OF HARTFORD AND TO ATTRACT ADDITIONAL INDUSTRIAL, COMMERCIAL AND RESIDENTIAL DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HADC WAS ORGANIZED TO PROMOTE INDUSTRIAL, COMMERCIAL AND RESIDENTAL DEVELOPMENT IN THE CITY OF HARTFORD


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Board, Officers & Key Employees

Name (title)Compensation
Frank Carroll
Director
$0
Nate Marshall
President
$0
Matt Schwechel
Secretary
$0
Thomas Hostad
Executive Director
$0
Stephen Hansen
Vice President
$0
Al Lauefer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $1,412
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,329
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 $29,327
Miscellaneous Revenue$0
Total Revenue $63,060

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