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Nonprofiteer
← EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$207,475
Total expenses
$238,530
Contributions and grants received
$138,180
Grants paid
$0
Program service revenue
$67,358
Investment income
$836
Other revenue
$1,101
Total assets, end of year
$379,426
Total liabilities, end of year
$10,987
Net assets or fund balances, end of year
$368,439
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.

  • 1e · Government grants (contributions)

    $76,900

  • 1f · All other contributions, gifts and grants

    $61,280

  • 2a · Program service revenue: SPONSORSHIPS

    total $46,836 · excluded $46,836

  • 2b · Program service revenue: EVENT INCOME

    total $20,522 · related or exempt $20,522

  • 3 · Investment income

    total $836 · excluded $836

  • 11a · Other revenue: MISCELLANEOUS

    total $1,101 · excluded $1,101

  • 11e · Other revenue, total

    $1,101

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $83,913

  • 7 · Other salaries and wages

    total $55,000

  • 8 · Pension plan contributions

    total $2,924

  • 9 · Other employee benefits

    total $1,138

  • 10 · Payroll taxes

    total $12,127

  • 11c · Fees: accounting

    total $10,020

  • 11g · Fees: other

    total $1,308

  • 12 · Advertising and promotion

    total $4,400

  • 13 · Office expenses

    total $2,363

  • 16 · Occupancy

    total $7,111

  • 17 · Travel

    total $8,946

  • 23 · Insurance

    total $3,161

  • 24a · Other expenses: AWARDS/EMPLOYER RECOGNI

    total $33,793

  • 24b · Other expenses: EQUIPMENT & MAINTENANCE

    total $2,642

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $118

  • 24e · All other expenses

    total $9,566

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $81,759 · end of year $50,578

  • 2 · Savings and temporary cash investments

    beginning of year $327,867 · end of year $328,848

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,817 · end of year $5,987

  • 19 · Deferred revenue

    beginning of year $6,315 · end of year $5,000

  • 27 · Net assets without donor restrictions

    beginning of year $399,494 · end of year $368,439

Mission and programs · 2022

Mission

ADVANCE ECONOMIC PROSPERITY THROUGH BUSINESS AND JOB GROWTH. THE EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION'S PURPOSE IS TO CREATE AND IMPLEMENT STRATEGIES TO ATTRACT AND GROW BUSINESSES, INVESTMENT, AND TALENT TO OUR SERVICE AREA.

Activities or mission (Part I)

ADVANCING ECONOMIC PROSPERITY THROUGH BUSINESS AND JOB GROWTH.

  • BUSINESS EXPANSIONASSIST IN THE CREATION, ENHANCEMENT AND EXPANSION OF LOCAL BUSINESSES.

  • CRITICAL TALENT COMMITTEE ALIGNING WORKFORCE RELATED SYSTEMS TO DEVELOP AND RETAIN TALENT THAT DRIVES LEADING EDGE AND EARLY STAGE COMPANIES.

  • BUSINESS RECRUITMENT DEVELOP AND IMPLEMENT MARKETING STRATEGIES TO ATTRACT NEW BUSINESS & INDUSTRY.

As filed on the 2022 return.

Listed in Part VII

  • Andrew Daniels

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Julie Thoney

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ben Trachsel

    INCOMING PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Scott Hodek

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mike Golat

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Sham Anderson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Dr Sunem Beaton-Garcia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Paul Swartos

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Miriam Gehler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Brad Krings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Paul Mirr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Kathryn Schauf

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Dr James Schmidt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Nick Smiar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Stephanie Hersch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Monica Obrycki

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Terry Weld

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.3

  • Luke Hansen

    EXECUTIVE DIRECTOR

    Total calculated
    $83,913
    From this org
    $79,004
    From related orgs
    $0
    Other
    $4,909
    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
28 September 2023
IRS schema version
2022v5.0
Source object
202322789349300242

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