Keweenaw Economic Development Alliance

“Expenses office supplies 347 travel 5,317 conferences/meetings 3,121 insurance 1,003 bank charges 1,101 contract services 119,505 internet 50 telephone 450 misc 220 meals 780 non-investment depreciation 70 total 131,964”

“Book / tax depreciation difference -10”

“Accounts receivable 1,330 2,831 align chiro 1,394 0 pm power group 65,365 52,659 up north pizzeria 41,205 28,821 5,697 5,697 less accumulated depreciation 5,004 5,084 total 109,987 84,924”

“Accounts payable and accrued expenses 2,436 0 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”