Neillsville Improvement Corporation Inc is located in Neillsville, WI. The organization was established in 1990. 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. Neillsville Improvement Corporation Inc 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 12/2023, Neillsville Improvement Corporation Inc generated $92.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $11.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
RAILS TO TRAILS ECONOMIC DEVELOPMENT PROJECT: THE OBJECTIVE IS TO BUILD A NON-MOTORIZED USE, RECREATIONAL TRAIL ON THE ACTIVE POWERLINE CORRIDOR CONNECTING THE COMMUNITIES OF NEILLSVILLE, GRANTON, AND CHILI WISCONSIN. THE POWERLINE CORRIDOR USED TO BE A RAILROAD BED. WE PURCHASED 0.35 ACRES FOR THE NEILLSVILLE TRAILHEAD AND 6.42 ACRES FOR THE FIRST SECTION OF THE TRAIL. WE ENLISTED AN ENGINEERING FIRM WHO DEVELOPED THE CONCEPT PLAN FOR THE TRAILHEAD AND PARK. WE ALSO CONTRACTED WITH THAT FIRM TO DEVELOP THE DESIGN PLAN FOR THE TRAILHEAD. THIS IS AN ECONOMIC DEVELOPMENT PROJECT TO PROMOTE RECREATION, TOURISM, AND COMMUNITY AND BUSINESS GROWTH. WE ESTIMATE THIS PROJECT WILL HAVE FAR REACHING BENEFITS TO ALL OF CLARK COUNTY. CURRENTLY, THE NEILLSVILLE TRAILHEAD AND FIRST SECTION OF THE TRAIL ARE BEING PLANNED AND DEVELOPED, WHICH WE ESTIMATE TO HAVE A DIRECT IMPACT ON THE CITY OF NEILLSVILLE WITH A POPULATION OF 2,384 (2020 CENSUS).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Clough President | 10 | $0 | |
Susan Backaus Vice President | 2 | $0 | |
Deanna Heiman Secretary | 12 | $0 | |
Denise Clough Treasurer | 5 | $0 | |
Dawn Voss Director | 1 | $0 | |
Ann Clark Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $89,061 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,254 |
Other Revenue | $0 |
Total Revenue | $92,376 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,071 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $385 |
Other expenses | $2,490 |
Total expenses | $11,662 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,484 |
Other assets | $0 |
Total assets | $228,177 |
Total liabilities | $0 |
Net assets or fund balances | $228,177 |