Door County Economic Development Corporation

Organization Overview

Door County Economic Development Corporation is located in Sturgeon Bay, WI. The organization was established in 1989. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Door County Economic Development Corporation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Door County Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Door County Economic Development Corporation generated $998.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $751.5k during the year ending 12/2021. While expenses have increased by 3.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE ECONOMIC VITALITY OF DOOR COUNTY AND ITS RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENHANCING DOOR COUNTY TOWARD ECONOMIC DEVELOPMENT - ECONOMIC DEVELOPMENT HAS CHANGED IN THE AFTERMATH OF THE COVID-19 PANDEMIC. MUCH OF DCEDC'S EFFORTS INECONOMIC DEVELOPMENT IN 2021 CENTERED AROUND ENHANCING DOOR COUNTY'S AVAILABILITY OF LABOR, HOUSING AND INFRASTRUCTURE NEEDED TO TAKE BUSINESSES AND RESIDENTS TO THE NEXT LEVEL. WORKING WITH PARTNERS THROUGHOUT THE COUNTY, DCEDC SPEARHEADED AN EFFORT TO IMPROVE THE COUNTY'S TECHNOLOGY INFRASTRUCTURE, NAMELY WORKING TO ENSURE THAT THE COUNTY CAN SERVICE ITS RESIDENTS AND BUSINESSES THROUGH ENHANCED BROADBAND ACCESS. DCEDC FACILITATED A FEASIBILITY STUDY AND ENGINEERING ASSESSMENT TOWARD ENSURING THAT BROADBAND NEEDS COULD BE MET. THE COUNTY OF DOOR HAS BEEN ABLE TO LEVERAGE THE STUDY TOWARD CREATING A BROADBAND COORDINATOR POSITION AND WILL WORK WITH DCEDC AND OTHER PARTNERS TO APPROACH THE ISSUE LEVERAGING COUNTY ACCESS AND RESOURCES TO ENHANCE THE ENTIRE COUNTY'S ACCESS TO BROADBAND. ATTAINABLE HOUSING IS ALSO AN ISSUE ACROSS DOOR COUNTY. DCEDC HAS BEEN WORKING WITH ITS PARTNERS TO ADDRESS THE HOUSING SHORTAGE AND DCEDC HAS SERVED AS A CONDUIT FOR BUSINESSES AND POTENTIAL RESIDENTS IN THE COUNTY TO CONNECT WITH AVAILABLE HOUSING OPPORTUNITIES AND SUPPORT MEASURES TO CONSTRUCT NEW RENTAL HOUSING FOR NEEDED WORKFORCE. CLOSELY INTERTWINED WITH THE HOUSING ISSUE IS THE LACK OF AVAILABLE WORKFORCE. DCEDC WORKED IN 2021 TO NOT ONLY CONNECT BUSINESSES WITH TALENTED WORKERS, BUT ALSO TO DEVELOP THE NEXT GENERATION OF WORKFORCE THROUGH CREATING PROGRAMS TO INTEREST YOUTH IN DOOR COUNTY APPRENTICESHIP OPPORTUNITIES.


CONNECTING DOOR COUNTY BUSINESSES TO FINANCING OPPORTUNITIES - ONE OF DCEDC'S CORE PRIORITIES IS TO CONNECT THE COUNTY'S BUSINESSES WITH FINANCIAL OPPORTUNITIES. IN 2021, THIS CONTINUED TO BE OF KEY INTEREST TO DCEDC'S CONSTITUENCIES. DCEDC'S WORK IN 2021 INCLUDED CONNECTING BUSINESSES TO STATE AND FEDERAL GRANTS AND ADMINISTERING SEVERAL REVOLVING LOAN FUND PROGRAMS. THE CARES ACT LOAN PROGRAM DCEDC ADMINISTERED HELPED EIGHT BUSINESSES RECEIVE A TOTAL OF $326,000. THE JOINT STURGEON BAY DOOR COUNTY ECONOMIC DEVELOPMENT REVOLVING LOAN FUND ADMINISTERED BY DCEDC HELPED TWO BUSINESSES SECURE A TOTAL OF $85,000. BUSINESSES FROM SEVEN COMMUNITIES RECEIVED THE LOANS, AND THOSE COMMUNITIES WERE AS FAR SOUTH AS BRUSSELS AND AS FAR NORTH AS SISTER BAY. CONNECTING DOOR COUNTY BUSINESSES TO GRANT OPPORTUNITIES FROM THE STATE OF WISCONSIN, WHICH WERE ESTABLISHED TO HELP BUSINESSES RECOVER FROM THE PANDEMIC, WAS AN ESSENTIAL ROLE FOR DCEDC IN 2021. IN TOTAL, OF THE ELEVEN PANDEMIC RELIEF GRANTS DCEDC PROMOTED, 1942 GRANTS WERE APPROVED, TOTALING $14.7 MILLION.


PROMOTING DOOR COUNTY BASE INDUSTRY ACTIVITY - ANOTHER PRIORITY OF DCEDC IN 2021 WAS TO PROMOTE THE BASE INDUSTRIES OF DOOR COUNTY. THIS CONNECTS POTENTIAL WORKERS, INCLUDING YOUTH, TO OPPORTUNITIES IN DOOR COUNTY, AND INCREASES AWARENESS OF THE IMPACT THAT MANUFACTURING AND OTHER BASE INDUSTRIES HAVE ON DOOR COUNTY'S ECONOMY. THE BUSINESS DEVELOPMENT PROGRAM IS ALSO RESPONSIBLE FOR BRINGING AWARENESS TO MANUFACTURING BY ORGANIZING THE ANNUAL MANUFACTURING DAY CELEBRATION. HISTORICALLY THE CELEBRATION INVOLVED TOURS OF MANUFACTURING FACILITIES IN THE STURGEON BAY INDUSTRIAL PARK. THIS YEAR HOWEVER TOURS WERE OFFERED AS FAR NORTH AS ELLISON BAY, AND, NOT JUST THE PUBLIC SCHOOLS WERE INVITED TO ATTEND, BUT THE HOME EDUCATED CHILDREN AS WELL. THIS YEAR'S CELEBRATION ALSO INCLUDED MANUFACTURING FUN FACT TRADING CARDS FOR SIXTH GRADE STUDENTS; CREATORS CLUE, A GAME DESIGNED FOR ELEVENTH GRADE STUDENTS TO EDUCATE CHILDREN ABOUT MANUFACTURING AND THE CAREERS ASSOCIATED WITH MANUFACTURING; MANUFACTURING FACT CARDS DISTRIBUTED AT GAS STATIONS; AND A MANUFACTURING DAY SUMMIT AT NWTC.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Jenkins
Secretary
$92,710
Brian Stephens
Vice Chair
$0
Jamie Alberts
Treasurer
$0
Todd Thayse
Past Chair
$0
Ann Renard
Chair
$0
Steve Christoferson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,750
Related organizations$0
Government grants $451,807
All other contributions, gifts, grants, and similar amounts not included above$268,682
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$725,239
Total Program Service Revenue$257,143
Investment income $3,133
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,786
Net Income from Fundraising Events $2,748
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $998,049

Grants Awarded

Over the last fiscal year, Door County Economic Development Corporation has awarded $59,883 in support to 4 organizations.

Grant RecipientAmount

DOOR COUNTY COFFEE & TEA CO

PURPOSE: FOCUS ON BUSINESS GROWTH THROUGH INTERNATIONAL EXPORTING

$15,000

TTX AIR LLC

PURPOSE: FOCUS ON BUSINESS GROWTH THROUGH INTERNATIONAL EXPORTING

$15,000

CADENCE INC

PURPOSE: FOCUS ON BUSINESS GROWTH THROUGH INTERNATIONAL EXPORTING

$15,000

RENARD'S CHEESE

PURPOSE: FOCUS ON BUSINESS GROWTH THROUGH INTERNATIONAL EXPORTING

$14,883
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Door County Economic Development Corporation has recieved totaling $7,500.

Awarding OrganizationAmount
Door County Memorial Hospital

Sturgeon Bay, WI

PURPOSE: DOOR COUNTY ECONOMIC DEVELOPMENT

$7,500
View Grant Recipient Profile

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