Merrill Area Development Corporation
- Assets
- $361.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merrill, WI
- Founding
- 12/1957
- Data as of
- 07/2023
- EIN
- 39-6081116
Organization Overview
Merrill Area Development Corporation is located in Merrill, WI. The organization was established in 1957. 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. Merrill Area Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 07/2023, Merrill Area Development Corporation generated $3.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $10.1k during the year ending 07/2023. 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
LINCOLN COUNTY ECONOMIC DEVELOPMENT AUTHORITY PROMOTES DEVELOPMENT IN LINCOLN COUNTY WHICH IS THE COUNTY WHERE THE CITY OF MERRILL IS LOCATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Johnson Director | 0 | $0 | |
Ken Maule Director | 0 | $0 | |
Mike Neuman Director | 0 | $0 | |
Tim Zimmerman Director | 0 | $0 | |
Brian Arndorfer Vice President | 0 | $0 | |
Kent Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,200 |
| Membership dues | $0 |
| Investment income | $555 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,755 |
| 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 | $8,149 |
| Occupancy, rent, utilities, and maintenance | $367 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,594 |
| Total expenses | $10,110 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $361,066 |
| Other assets | $0 |
| Total assets | $361,066 |
| Total liabilities | $0 |
| Net assets or fund balances | $361,066 |