Oneida County Economic Development Corp
- Assets
- $306.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Rhinelander, WI
- Founding
- 01/1991
- Data as of
- 12/2022
- EIN
- 39-1637294
Organization Overview
Oneida County Economic Development Corp is located in Rhinelander, WI. The organization was established in 1991. 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 12/2022, Oneida County Economic Development Corp employed 3 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Oneida County Economic Development Corp 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 12/2022, Oneida County Economic Development Corp generated $177.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $138.8k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND STIMULATE THE ORDERLY GROWTH OF STABLE BUSINESSES WHICH PROVIDE YEAR-ROUND EMPLOYMENT THROUGHOUT ONEIDA COUNTY WHILE MAINTAINING A HIGH QUALITY OF LIFE WITH A LIVABLE WAGE.
Describe the Organization's Program Activity:
Part 3
BUSINESS RECRUITMENT: PROMOTE ONEIDA COUNTY TO BUSINESS RELOCATION PROSPECTS & ENTREPRENEURS (PROVIDE STATISTICAL INFORMATION, SITE SELECTION ASSISTANCE, FINANCING OPTIONS, ETC.)
BUSINESS RETENTION: ASSIST LOCAL EMPLOYERS WITH EXPANSION PROGRAMS (ACCESS TO FINANCING OPTIONS, STATISTICAL INFORMATION, AND PROBLEM RESOLUTION) AND PROVIDE EDUCATIONAL OPPORTUNITIES TO ENHANCE BUSINESS CAPACITY.
DEVELOP PHYSICAL, FINANCIAL & HUMAN CAPITAL REQUIRED FOR ECONOMIC GROWTH: CREATE AND MAINTAIN INDUSTRIAL SITES, ADMINISTER REVOLVING LOAN FUND, PARTNER IN WORKFORCE DEVELOPMENT INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Leyden President | 1 | $0 | |
Peter Otis Past Preside | 1 | $0 | |
Andrew Cordova Treasurer | 1 | $0 | |
Philip Albert Secretary | 1 | $0 | |
Brad Kowieski Director | 1 | $0 | |
Cecily Dawson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,654 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,619 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $118,683 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,617 |
| Printing, publications, postage, and shipping | $719 |
| Other expenses | $12,789 |
| Total expenses | $138,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,816 |
| Other assets | $0 |
| Total assets | $306,816 |
| Total liabilities | $22,969 |
| Net assets or fund balances | $283,847 |