Barron County Economic Development Corporation is located in Barron, WI. The organization was established in 2005. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic 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. Barron County Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Barron County Economic Development Corporation generated $160.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $163.3k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Skinner Director | 2 | $0 | |
Bj Williams Director | 2 | $0 | |
Bruce Markgren Treasurer | 2 | $0 | |
Stacy Nueman Director | 2 | $0 | |
Dana Heller Vice President | 2 | $0 | |
Dave Armstrong Executive Director | 40 | $70,714 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,017 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $193 |
| Other Revenue | $117 |
| Total Revenue | $160,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $124,298 |
| Professional fees and other payments to independent contractors | $2,366 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $758 |
| Other expenses | $35,842 |
| Total expenses | $163,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,914 |
| Other assets | $0 |
| Total assets | $49,914 |
| Total liabilities | $4,303 |
| Net assets or fund balances | $45,611 |