Form 990 for tax year 2025
Filed by THRIVE ECONOMIC DEVELOPMENT INC.
Totals
- Total revenue
- $213,912
- Total expenses
- $210,349
- Contributions and grants received
- $209,181
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,849
- Other revenue
- -$118
- Total assets, end of year
- $289,833
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $289,833
- Program services expenses (Part IX)
- $187,602
- Management and general expenses
- $22,747
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $187,602
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1f · All other contributions, gifts and grants
$209,181
-
3 · Investment income
total $4,849 · related or exempt $4,849
-
8a · Fundraising events: gross income
$3,740
-
8b · Fundraising events: direct expenses
$3,858
-
8c · Net income from fundraising events
total -$118 · excluded -$118
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $135,000 · program services $135,000
-
11b · Fees: legal
total $20,999 · management and general $20,999
-
11c · Fees: accounting
total $1,629 · management and general $1,629
-
12 · Advertising and promotion
total $2,000 · program services $2,000
-
13 · Office expenses
total $515 · program services $515
-
23 · Insurance
total $2,595 · program services $2,595
-
24a · Other expenses: LLDF
total $47,320 · program services $47,320
-
24b · Other expenses: BANK FEES
total $150 · program services $150
-
24c · Other expenses: FILING FEES
total $119 · management and general $119
-
24d · Other expenses: MEALS
total $22 · program services $22
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $95,798 · end of year $179,778
-
2 · Savings and temporary cash investments
beginning of year $177,640 · end of year $105,131
-
4 · Accounts receivable
beginning of year $12,832 · end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $4,924
-
15 · Other assets
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $286,270 · end of year $289,833
Mission and programs · 2025
Mission
THRIVEED WILL ENGAGE THE PUBLIC AND PRIVATE SECTORS IN ACTIONS FOCUSED ON ATTRACTING AND SUPPORTING BUSINESS GROWTH THAT BENEFITS THE RESIDENTS AND COMMUNITIES IN THE GREATER JEFFERSON COUNTY AREA.
Activities or mission (Part I)
TO ENGAGE THE PUBLIC AND PRIVATE SECTORS IN ACTIONS FOCUSED ONATTRACTING AND SUPPORTING BUSINESS GROWTH THAT BENEFITS THE RESIDENTS AND COMMUNITIES OF DODGE AND JEFFERSON COUNTIES.
-
DURING 2025, THE ORGANIZATION CONTINUED TO ADVANCE ECONOMIC DEVELOPMENT INITIATIVES THROUGHOUT JEFFERSON COUNTY BY SUPPORTING THE GROWTH OF THE FOOD AND BEVERAGE MANUFACTURING SECTOR, COMPLETING THE FULL BUILD-OUT OF THE FOOD & BEVERAGE INNOVATION CAMPUS, AND FACILITATING SIGNIFICANT INVESTMENT FROM BOTH INTERNATIONAL AND ESTABLISHED LOCAL EMPLOYERS. THE ORGANIZATION ALSO APPROVED ITS FIRST PROJECT THROUGH THE LIVE LOCAL DEVELOPMENT FUND, SUPPORTED NEW HOUSING DEVELOPMENTS ACROSS THE COUNTY, AND ENHANCED INFRASTRUCTURE READINESS TO ACCOMMODATE FUTURE GROWTH. THESE EFFORTS INCREASED STATEWIDE AND REGIONAL RECOGNITION OF JEFFERSON COUNTY'S ECONOMIC DEVELOPMENT WORK WHILE REINFORCING THE CRITICAL CONNECTION BETWEEN HOUSING, WORKFORCE DEVELOPMENT, TAX BASE EXPANSION, AND THE LONG-TERM VITALITY OF LOCAL COMMUNITIES.
Expenses $187,602 · Revenue $4,849
As filed on the 2025 return.
Listed in Part VII
-
Kevin KaufmanKEVIN KAUFMAN
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Tom DehnertTOM DEHNERT
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Nate SalasNATE SALAS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Kyle NeitzelKYLE NEITZEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott LaustenSCOTT LAUSTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Stewart WangardSTEWART WANGARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt MautheMATT MAUTHE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason CulottaJASON CULOTTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin PaynterKEVIN PAYNTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Andy NelsonANDY NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Casey MalesevichCASEY MALESEVICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Donald LunakDONALD LUNAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebecca HousemanREBECCA HOUSEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David WerningDAVID WERNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Shawna MarquardtSHAWNA MARQUARDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelli KarpinskiKELLI KARPINSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joshua PattersonJOSHUA PATTERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Ben WehmeierBEN WEHMEIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James NelsonJAMES NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mason BeckerMASON BECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David SchroederDAVID SCHROEDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth ThelenELIZABETH THELEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan LessnerRYAN LESSNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael LuckeyMICHAEL LUCKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
- 2025
- Filed
- 4 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602169349300905
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