Keweenaw Economic Development Alliance

“Expenses website 1,500 office supplies 852 travel 4,933 conferences/meetings 1,208 meals 561 insurance 1,055 bank charges 963 contract services 129,475 internet 50 telephone 649 non-investment depreciation 35 total 141,281”

“Book / tax depreciation difference -45”

“Accounts receivable 2,741 4,038 black ice comics 13,994 13,247 embody studio 19,745 18,738 iperservered 25,880 23,582 pm power group 25,661 23,256 rave salon 10,618 10,052 superior transportation 5,143 4,431 chicken tramper 0 11,543 copper axe 0 34,293 slim's cafe 0 34,627 5,697 5,697 less accumulated depreciation 5,200 5,324 total 104,279 178,180”

“Accounts payable and accrued expenses 35,163 34,966 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 over 300 regular retention visits, covid small business outreach to 1,000+ businesses, made 6 krlf covid response loans, processed 303 applications for michigan small business relief grants and loans, match on main covid grants, and michigan restart grants - 60% of time/expenses”

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