Grant County Economic Development Corporation
- Assets
- $149.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Lancaster, WI
- Founding
- 04/1988
- Data as of
- 12/2022
- EIN
- 39-1570449
Organization Overview
Grant County Economic Development Corporation is located in Lancaster, 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. As of 12/2022, Grant County Economic Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grant County Economic 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 12/2022, Grant County Economic Development Corporation generated $165.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $138.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 4 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE NEW/EXISTING BUSINESS TO GROW IN GRANT COUNTY
Describe the Organization's Program Activity:
Part 3
WORK WITH INDUSTRY AND BUSINESS PROSPECTS ON SITE LOCATIONS AND EXPANSIONS. ASSIST WITH WORKSHOPS AND CONFERENCES, EDUCATING LOCAL ENTREPRENEURS WITH BUSINESS MARKETING, GRANT WRITING, AND CREATING CONTACTS. PROMOTE EXPORTS OF LOCAL PRODUCTS. THERE WERE 32 PROSPECTS FOR THE YEAR.
BUSINESS ASSISTANCE THROUGH LOW INTEREST LOANS THROUGH ACCUMULATED FUNDS AND USDA GRANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Okey President | 8 | $0 | |
Dorothy Hackl President Elect | 4 | $0 | |
Eileen Nickels Past President | 4 | $0 | |
Robert Keeney Treasurer | 4 | $0 | |
John Beinborn Secretary | 4 | $0 | |
Ron Brisbois Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,745 |
| Membership dues | $123,731 |
| Investment income | $386 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,862 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,934 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,158 |
| Printing, publications, postage, and shipping | $2,096 |
| Other expenses | $36,900 |
| Total expenses | $138,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,913 |
| Other assets | $0 |
| Total assets | $149,913 |
| Total liabilities | $1,964 |
| Net assets or fund balances | $147,949 |