Dunn County Economic Development Corporation is located in Menomonie, WI. The organization was established in 1991. 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. Dunn County Economic Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Dunn County Economic Development Corporation generated $154.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $142.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO ASSIST WITH ECONOMIC DEVELOPMENT OF DUNN COUNTY WISCONSIN BY ATTRACTING NEW BUSINESS TO THE AREA AND ASSISTING EXISTING BUSINESS IN THE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Lytle Board Member | 1 | $0 | |
Charles Stokke Board Member | 1 | $0 | |
Lora Benrud Treasurer | 1 | $0 | |
Randy Sommerfeld Board Member | 1 | $0 | |
Laurie Reardon President | 1 | $0 | |
Steve Gerth Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $154,778 |
Membership dues | $0 |
Investment income | $112 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $154,890 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $56,447 |
Professional fees and other payments to independent contractors | $9,079 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $77,401 |
Total expenses | $142,927 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,373 |
Other assets | $0 |
Total assets | $22,222 |
Total liabilities | $99 |
Net assets or fund balances | $22,123 |