Park Falls Area Community Development Corporation

Organization Overview

Park Falls Area Community Development Corporation is located in Park Falls, WI. The organization was established in 1998. 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 12/2021, Park Falls Area Community Development Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Falls Area Community Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Park Falls Area Community Development Corporation generated $70.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $64.1k during the year ending 12/2021. While expenses have increased by 0.4% 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 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

AREA BUSINESS DEVELOPMENT BY ALLOCATING GRANT AND LOAN FUNDS


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Board, Officers & Key Employees

Name (title)Compensation
Jerome Pritzl
President
$0
Jim Braun
Secretary
$0
Rick Svehla
Director
$0
Mike Bebeau
Director
$0
Sharon Schultz
Director
$0
Derek Wishowski
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,000
Total Program Service Revenue$52,809
Membership dues$0
Investment income $12,652
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$2,750
Total Revenue$70,211

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