Keweenaw Economic Development Alliance

“Expenses advertising 983 website 9,720 office supplies 512 travel 1,040 travel 1,040 travel 1,040 conferences/meetings 2,529 conferences/ meetings 2,528 conferences/meetings 2,528 insurance 1,003 bank charges 643 contract services 99,386 internet 50 telephone 200 misc 2,054 meals 376 loan write off - bad debt 46,445 non-investment depreciation 487 total 172,564”

“Book / tax depreciation difference 437”

“Accounts receivable 2,808 11,218 locos amigos 46,445 0 keweenaw specialty woods 5,667 3,639 align chiro 9,392 5,516 mtu worham 19,568 0 quincy woodwright 46,493 0 quincy woodwright 36,057 0 pm power group 0 75,475 up north pizzeria 0 46,351 4,897 5,697 less accumulated depreciation 4,870 4,920 total 166,457 142,976”

“Accounts payable and accrued expenses 0 17,501 prepaid dues 0 0 scholorships awarded 0 0”

“Improving the economy of the keweenaw region in order to relieve poverty and lessen neighborhood tension caused by the lack of jobs, combat community deterioration by stabilizing and rehabilitating downtown buildings, developing a mix of housing, establishing new businesses, growing existing businesses, eliminating conditions of blight, and providing benefit to the under and unemployed.”

“Fostering business growth including 533 retention visits, assistance to 203 sbdc clients, packaging cdcg assistance for one company, completed mdard hops dryer r&d project, 2 rlf loans, and 6 miosha trainings attended by 96 people - 45% of expenses”

“Other includes infrastructure development, enhancing cultural and recreation opportunities, fundraising, and administration”