Sandwich Economic Development Corporation
- Assets
- $1.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandwich, IL
- Founding
- Data as of
- 12/2021
- EIN
- 26-0169895
Organization Overview
Sandwich Economic Development Corporation is located in Sandwich, IL.
For the year ending 12/2021, Sandwich Economic Development Corporation generated $36.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $56.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
MEET WITH POTENTIAL NEW BUSINESS AND PROVIDED ACCESS TO GOVT BODIES, LOCAL ORGANIZATIONS ON THEIR BEHALF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Teckenbrock President | 0 | $0 | |
Kristina Hartman Treasurer | 1 | $0 | |
Rick Olson Director | 1 | $0 | |
Joe Fraser Vice President | 1 | $0 | |
Mike Kokott Director | 0 | $0 | |
Rick Schmidt Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,000 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,000 |
| Professional fees and other payments to independent contractors | $38 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,258 |
| Total expenses | $56,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,845 |
| Other assets | $0 |
| Total assets | $1,845 |
| Total liabilities | $869 |
| Net assets or fund balances | $976 |
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