Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
990 • Fiscal year 2016 • EIN 26-4682326
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
23rd percentile
Higher debt load relative to assets than 23% of similar nonprofits.
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Down$12,413,057
Down $184,703 (-1.5%) from 2015
Net Assets
Down$12,322,630
Down $189,027 (-1.5%) from 2015
Liabilities
Up$90,427
Up $4,324 (+5.0%) from 2015
Revenue
Down$236,339
Down $14,334 (-5.7%) from 2015
Expenses
Down$425,366
Down $18,916 (-4.3%) from 2015
Net Income
Up-$189,027
Up $4,582 (+2.4%) from 2015
To provide business loans that will create and retain permanent jobs with quality wages and benefits, to promote a diverse mix of employment opportunities, to perpetuate positive and proactive business climates which encourage the retention and expansion of existing businesses and to help attract desirable new businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $8,491,269 | $6,832,012 | ▼ $1,659,257 |
| Savings and Temporary Cash Investments | $4,090,776 | $5,539,400 | ▲ $1,448,624 |
| Cash and Non-Interest-Bearing Accounts | $1,382 | $25,095 | ▲ $23,713 |
| Prepaid Expenses and Deferred Charges | $4,480 | $4,706 | ▲ $226 |
| Accounts Receivable | $0 | $290 | ▲ $290 |
| Total Assets | $12,597,760 | $12,413,057 | ▼ $184,703 |
| Other Assets Total | $9,853 | $11,554 | ▲ $1,701 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $85,712 | $66,238 | ▼ $19,474 |
| Accounts Payable and Accrued Expenses | $391 | $24,189 | ▲ $23,798 |
| Total Liabilities | $86,103 | $90,427 | ▲ $4,324 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $12,511,657 | $0 | ▼ $12,511,657 |
| Unrestricted Net Assets | $0 | $12,322,630 | ▲ $12,322,630 |
| Total Net Assets Fund Balance | $12,511,657 | $12,322,630 | ▼ $189,027 |
| Total Liabilities and Net Assets / Fund Balance | $12,597,760 | $12,413,057 | ▼ $184,703 |
| Name | Title |
|---|---|
| Michael Ostrowski | President |
| Jason Angell | Vice President |
| Adam Rekau | board Member |
| Bob Egan | Board Member |
| Charles Kornack | Board Member |
| Dan Guild | Board Member |
| Doug Mielke | board Member |
| Gaylene Rhoden | board Member |
| Ken Maule | board Member |
| Patty Dreier | Board Member |
| Paul Millan | board Member |
| Tanya Walsh-Laehn | board Member |
| Zach Vruwink | board Member |
| Marty Hillert | Board Member (Thru July) |
| Joshua Jameson | Board Member (Thru June) |
| Robert Evans | Board Member (Thru June) |
| Robert Lussow | Board Member (Thru June) |
| Richard Holden | Secretary |
| Jason Grueneberg | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| CAP Services Inc | Loan Fund Administration | 5499 Highway 10 East Suite A, Stevens Point, WI 54482 | $276,130 |
| Line Item | Amount |
|---|---|
| Other Expenses | $425,366 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $248,517 | $27,613 | - | $276,130 |
| Fees for Services Legal | $4,409 | $4,409 | - | $8,818 |
| Fees for Services Accounting | - | $8,500 | - | $8,500 |
| Insurance | - | $5,719 | - | $5,719 |
| Other Expenses | $1,145 | - | - | $1,145 |
| Interest | $854 | - | - | $854 |
| All Other Expenses | $790 | - | - | $790 |
| Total Functional Expenses | $379,125 | $46,241 | $0 | $425,366 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $425,366 |
| Total Expenses per Audited Statements | $425,366 |
| Total Expenses per Form 990 | $425,366 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The form 990 will be provided to all board members for review and approval prior to filing with the internal revenue service.”
“Conflict of interest statements are completed or updated annually by the Board of Directors. Any individual with an actual or perceived conflict of interest is recused from discussion and voting on the matter to which the conflict relates.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
“Loan servicing fees: Program service expenses 248,517. Management and general expenses 27,613. Fundraising expenses 0. Total expenses 276,130.”
“Central Wisconsin Economic Development Fund, Inc. (CWED) is required to assess whether it is more likely than not that a tax position will be sustained upon examination of the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of the tax position is not recognized in the financial statements. CWED recorded no assets or liabilities for uncertain tax positions or unrecognized tax benefits.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 391 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 24189 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 290 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To provide business loans that will create and retain permanent jobs with quality wages and benefits, to promote a diverse mix of employment opportunities, to perpetuate positive and proactive business climates which encourage the retention and expansion of existing businesses and to help attract desirable new businesses. |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 790 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 790 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Susan Henry |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7153437500 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5499 Highway 10 East Suite A |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Stevens Point |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 54482 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1382 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25095 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 276130 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 5499 Highway 10 East Suite A |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Stevens Point |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 54482 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CAP Services Inc |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Loan Fund Administration |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7597 |
| IRS990/CYOtherExpensesAmt | 0 | 425366 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 228742 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -189027 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 425366 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 236339 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | The organization provides business loans that will create and retain permanent jobs with quality wages and benefits, promote a diverse mix of employment opportunities, perpetuate positive and proactive business climates which encourage the retention and expansion of existing businesses and help attract desirable new businesses.During the year, the organization provided 4 new loans totaling $738,000 to 4 businesses. These loans are expected to create 22 jobs. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 379125 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8500 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 4409 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 4409 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 8818 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 27613 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 248517 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 276130 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Patty Dreier |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Bob Egan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Robert Evans |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Dan Guild |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Marty Hillert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Joshua Jameson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Charles Kornack |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Robert Lussow |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Ken Maule |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Doug Mielke |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Paul Millan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Adam Rekau |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Gaylene Rhoden |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Zach Vruwink |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Tanya Walsh-Laehn |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Michael Ostrowski |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Jason Angell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Richard Holden |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Jason Grueneberg |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member (Thru June) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member (Thru July) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member (Thru June) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Board Member (Thru June) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Treasurer |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 236339 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5719 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5719 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 854 |
| IRS990/InterestGrp/TotalAmt | 0 | 854 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 7597 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 7597 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To provide business loans that will create and retain permanent jobs with quality wages and benefits, to promote a diverse mix of employment opportunities, to perpetuate positive and proactive business climates which encourage the retention and expansion of existing businesses and to help attract desirable new businesses. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 85712 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 66238 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 12511657 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 12322630 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 9853 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 11554 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Provision for loan loss |
| IRS990/OtherExpensesGrp/Desc | 1 | Return of funds |
| IRS990/OtherExpensesGrp/Desc | 2 | Loan Origination |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 92570 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 30840 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1145 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 92570 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30840 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1145 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 8491269 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 6832012 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4480 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4706 |
| IRS990/PrincipalOfficerNm | 0 | Michael Ostrowski |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522291 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 522291 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Interest Income-Loans |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Loan Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Other Fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 218001 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 7580 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 3161 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 218001 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 7580 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 3161 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 5759 |
| IRS990/PYOtherExpensesAmt | 0 | 444282 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 244914 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -193609 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 444282 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 250673 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -189027 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 228742 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 4090776 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5539400 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 425366 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 236339 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Central Wisconsin Economic Development Fund, Inc. (CWED) is required to assess whether it is more likely than not that a tax position will be sustained upon examination of the technical merits of the position, assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of the tax position is not recognized in the financial statements. CWED recorded no assets or liabilities for uncertain tax positions or unrecognized tax benefits. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 425366 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 236339 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 236339 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 425366 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The form 990 will be provided to all board members for review and approval prior to filing with the internal revenue service. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Conflict of interest statements are completed or updated annually by the Board of Directors. Any individual with an actual or perceived conflict of interest is recused from discussion and voting on the matter to which the conflict relates. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Loan servicing fees: Program service expenses 248,517. Management and general expenses 27,613. Fundraising expenses 0. Total expenses 276,130. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, line 11g |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 12511657 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 12597760 |
| IRS990/TotalAssetsEOYAmt | 0 | 12413057 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 12597760 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12413057 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 46241 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 379125 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 425366 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 86103 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 90427 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 86103 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 90427 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 12511657 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 12322630 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 379125 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 228742 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 7597 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 228742 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 236339 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 15 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 12597760 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12413057 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 12322630 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.