Adams County Rural & Industrial Development Commission
- Assets
- $465.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Friendship, WI
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 39-1716751
Organization Overview
Adams County Rural & Industrial Development Commission is located in Friendship, WI. The organization was established in 1999. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adams County Rural & Industrial Development Commission 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, Adams County Rural & Industrial Development Commission generated $141.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $121.2k during the year ending 12/2021. While expenses have increased by 3.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CHARITABLE PURPOSES BY AND THROUGH IMPROVING THE SOCIAL WELFARE OF ADAMS COUNTY BY FACILITATING ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Perez-Guerra Treasurer | 1 | $0 | |
Tom Wermuth Director | 1 | $0 | |
Jennifer Parr-Murphy Director | 1 | $0 | |
Lynda Bula Secretary | 1 | $0 | |
Rick Pease Director | 1 | $0 | |
Tanya Walsh-Laehn President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,880 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,176 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,080 |
| Total Revenue | $141,136 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $5,081 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $109,232 |
| Total expenses | $121,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,194 |
| Other assets | $0 |
| Total assets | $465,547 |
| Total liabilities | $56,000 |
| Net assets or fund balances | $409,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Dairyland Economic Opportunity Council Incorporated Independence, WI | $9,371,395 | $17,670,947 |
Community And Economic Development Associates Chatfield, MN | $1,658,001 | $2,830,781 |
New Covenant Community Development Chicago, IL | $1,571,797 | $1,893,496 |
Sharing Our Roots Northfield, MN | $1,750,092 | $967,957 |
Door County Economic Development Corporation Sturgeon Bay, WI | $2,581,699 | $998,049 |
Center For Rural Policy And Development Mankato, MN | $628,188 | $663,588 |
Chi Ishobak Inc Dowagiac, MI | $9,230,195 | $2,545,311 |
Big Ideas Inc New Ulm, MN | $77,922 | $540,880 |
Southernmost Illinois Delta Empowerment Zone Mounds, IL | $4,432,578 | $281,750 |
Michigan Rural Rehabilitation Corporation Marshall, MI | $5,790,838 | $303,009 |
Southern Iowa Development Group Inc Creston, IA | $3,072,784 | $1,218,637 |
Harrison County Agriculture Society Missouri Valley, IA | $551,749 | $211,482 |