Totals
- Total revenue
- $254,689
- Total expenses
- $480,708
- Contributions and grants received
- $244,307
- Grants paid
- $200,000
- Program service revenue
- $9,787
- Investment income
- $1,371
- Other revenue
- -$776
- Total assets, end of year
- $381,514
- Total liabilities, end of year
- $69,402
- Net assets or fund balances, end of year
- $312,112
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$22,750
-
1e · Government grants (contributions)
$22,599
-
1f · All other contributions, gifts and grants
$198,958
-
1g · Noncash contributions included above
$12,310
-
2a · Program service revenue: ENTREPRENEURIAL
total $3,500 · related or exempt $3,500
-
2b · Program service revenue: JOB FAIR
total $3,107 · related or exempt $3,107
-
2c · Program service revenue: ACCELERATION BREAKFAST
total $1,680 · related or exempt $1,680
-
2d · Program service revenue: WORKFORCE
total $750 · related or exempt $750
-
2e · Program service revenue: LEVELUP
total $750 · related or exempt $750
-
3 · Investment income
total $1,371 · excluded $1,371
-
6a · Gross rents
real property $3,300
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $3,300
-
6d · Net rental income or loss
total $3,300 · excluded $3,300
-
8a · Fundraising events: gross income
$15,340
-
8a · Fundraising events: contributions included on line 1c
$22,750
-
8b · Fundraising events: direct expenses
$19,961
-
8c · Net income from fundraising events
total -$4,621 · excluded -$4,621
-
9a · Gaming: gross income
$1,440
-
9b · Gaming: direct expenses
$895
-
9c · Net income from gaming
total $545 · excluded $545
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $200,000
-
5 · Compensation of officers, directors and key employees
total $73,495
-
7 · Other salaries and wages
total $105,465
-
9 · Other employee benefits
total $485
-
10 · Payroll taxes
total $13,857
-
11b · Fees: legal
total $191
-
11c · Fees: accounting
total $9,950
-
12 · Advertising and promotion
total $2,025
-
13 · Office expenses
total $11,580
-
14 · Information technology
total $2,520
-
16 · Occupancy
total $28,166
-
17 · Travel
total $2,238
-
22 · Depreciation, depletion and amortization
total $3,427
-
23 · Insurance
total $2,971
-
24a · Other expenses: PROGRAM EXPENSE
total $12,513
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $8,098
-
24c · Other expenses: TRAINING AND DEVELOPMEN
total $1,109
-
24d · Other expenses: MEALS AND LODGING
total $771
-
24e · All other expenses
total $1,847
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $160,155 · end of year $135,134
-
2 · Savings and temporary cash investments
beginning of year $363,053 · end of year $163,942
-
4 · Accounts receivable
beginning of year $1,917 · end of year $8,140
-
9 · Prepaid expenses and deferred charges
beginning of year $4,400 · end of year $2,899
-
10a · Land, buildings and equipment: cost or other basis
$48,239
-
10b · Land, buildings and equipment: accumulated depreciation
$34,928
-
10c · Land, buildings and equipment, net
beginning of year $16,738 · end of year $13,311
-
15 · Other assets
beginning of year $1,341 · end of year $58,088
-
17 · Accounts payable and accrued expenses
beginning of year $9,473 · end of year $10,937
-
19 · Deferred revenue
beginning of year $0 · end of year $1,000
-
25 · Other liabilities
beginning of year $0 · end of year $57,465
-
27 · Net assets without donor restrictions
beginning of year $537,631 · end of year $312,112
-
28 · Net assets with donor restrictions
beginning of year $500 · end of year $0
Mission and programs · 2022
Mission
TO ASSIST LOCAL BUSINESSES IN THEIR GROWTH IN THE MANITOWOC COUNTY AREA AND TO ATTRACT NEW BUSINESSES TO THE MANITOWOC COUNTY AREA.
-
EXCELLENCE IN ECONOMIC DEVELOPMENT AWARDS BREAKFAST IS A CELEBRATION TO RECOGNIZE BUSINESSES AND INDIVIDUALS WHO CREATE A POSITIVE BUSINESS CLIMATE IN MANITOWOC COUNTY. THERE ARE 5 AWARD CATEGORIES: (1) ENTREPRENEURIAL ACHIEVEMENT AWARD, (2) NEIGHBORHOOD DEVELOPMENT AWARD, (3) CORPORATE INVESTMENT AWARD, (4) ECONOMIC ACCELERATOR OF THE YEAR AWARD, AND (5) COMMUNITY ENHANCEMENT AWARD. THIS EVENT DREW APPROXIMATELY 150 PEOPLE, AND 11 AWARDS WERE GIVEN OUT (EACH CATEGORY HAD A WINNER AND A HONORABLE MENTION). GUEST WHO ATTENDED RECEIVED A PROGRAM BOOKLET SUMMARIZING ALL 34 NOMINEES' STORY.
-
PERFECT YOUR PITCH IS A SERIES OF VIDEOS DESIGNED TO HELP BUDDING ENTREPRENEURS NAIL DOWN THEIR ELEVATOR PITCH, PERFECT SPEAKING IN PUBLIC, AND LEARN THE BASICS OF PITCHING A BUSINESS IDEA, IN PREPARATION FOR PARTICIPATING IN OUR ANNUAL LEVEL UP PITCH CONTEST. THE LEVEL UP PITCH CONTEST IS PRESENTED BY PROGRESS LAKESHORE AND REGIONAL PARTNERS. THE EVENT INCLUDES A PITCH BY EACH ENTREPRENEUR AND A QUESTION-AND-ANSWER PERIOD WITH LOCAL JUDGES. WINNER(S) RECEIVE PRIZE MONEY AND SERVICES. THIS EVENT OFFERS IN PERSON AND LIVE-STREAM VIEWING OPTIONS.THE LEVEL UP PITCH CONTEST HAD 6 PARTICIPANTS. WINNERS (FIRST AND SECOND) WENT ON TO COMPETE AT THE REGIONAL PITCH EVENT.
-
OUR ENTREPRENEUR TRAINING PROGRAM IS AN IMMERSIVE COURSE OFFERED IN CONJUNCTION WITH THE WISCONSIN SMALL BUSINESS DEVELOPMENT CENTER. THE EIGHT-WEEK SESSIONS EQUIP ASPIRING ENTREPRENEURS TO START AND GROW SUCCESSFUL BUSINESSES. PARTICIPANTS ARE PROVIDED WITH INFORMATION, TIPS, EXERCISES, AND TOOLS TO HELP EVALUATE THEIR BUSINESS IDEAS AND DEVELOP THEIR BUSINESS PLANS. THERE WERE EIGHT PARTICIPANTS FOR THIS PROGRAM WITH FOUR OF THEM GOING ON TO PARTICIPATE IN OUR LOCAL PITCH CONTEST.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eric SitkiewitzERIC SITKIEWITZ
BOARD MEMBER - VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Greg JagemannGREG JAGEMANN
BOARD MEMBER - PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jamie AulikJAMIE AULIK
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 0.25
-
Judy FerryJUDY FERRY
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 0.25
-
Justin NickelsJUSTIN NICKELS
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 0.25
-
Kaitlin BriceKAITLIN BRICE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen NicholsKAREN NICHOLS
EX OFFICIO
- Total calculated
- $0
- Hours/week
- 0.25
-
Mark HolzmanMARK HOLZMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael YehMICHAEL YEH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle FroehlkeMICHELLE FROEHLKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Patty LehnPATTY LEHN
BOARD MEMBER - SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Polly AbtsPOLLY ABTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Seth ZippererSETH ZIPPERER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve LittleSTEVE LITTLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott FergusonSCOTT FERGUSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Todd GloverTODD GLOVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa JohnsonLISA JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Doug SchwalbeDOUG SCHWALBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Bill SchleiBILL SCHLEI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert SealROBERT SEAL
BOARD MEMBER - TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle SzymikMICHELLE SZYMIK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Sam GrageSAM GRAGE
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie ZastrowJAMIE ZASTROW
EXECUTIVE DIRECTOR
- Total calculated
- $73,495
- From this org
- $73,495
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
PROGRESS LAKESHORE FOUNDATION INC
$200,000
GENERAL SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PROGRESS LAKESHORE FOUNDATION INC
501(C)(3) · TO SUPPORT PROGRESS LAKESHORE, INC. · WI
Directly controlled by PROGRESS LAKESHORE INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313179349308376
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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