Civic Intelligence

West Central Economic Development Alliance

EIN 27-5168472 • 501(c)6 • Wadena, MN

Profile

Our mission is about working together to create an economically vibrant region. We're partnered with the region's small business development centers workforce center county and city economic development authorities technical and community colleges the University of MN Extension and many other non-profit organizations working to improve economic conditions and quality of life in our region.

415 Jefferson St NWadena, MN 56482-1264

http: www.thealliancemn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$126,052

Up $17,964 (+17%) from 2023

Liabilities

Up

$9,056

Up $4,618 (+104%) from 2023

Net Assets

Up

$116,996

Up $13,346 (+13%) from 2023

Revenue

Up

$118,263

Up $4,712 (+4.1%) from 2023

Expenses

Up

$104,917

Up $24,009 (+30%) from 2023

Net Income

Down

$13,346

Down $19,297 (-59%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2021: $63,870Net Assets 2021: $63,8702021Assets 2022: $79,084Liabilities 2022: $8,077Net Assets 2022: $71,0072022Assets 2023: $108,088Liabilities 2023: $4,438Net Assets 2023: $103,6502023Assets 2024: $126,052Liabilities 2024: $9,056Net Assets 2024: $116,9962024

Highlighted filing

2024

Assets$126,052
Liabilities$9,056
Net Assets$116,996

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2021: $105,051Expenses 2021: $93,803Net Income 2021: $11,2482021Revenue 2022: $115,551Expenses 2022: $108,414Net Income 2022: $7,1372022Revenue 2023: $113,551Expenses 2023: $80,908Net Income 2023: $32,6432023Revenue 2024: $118,263Expenses 2024: $104,917Net Income 2024: $13,3462024

Highlighted filing

2024

Revenue$118,263
Expenses$104,917
Net Income$13,346

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 23, 2025
Return Version
2024v5.1
Gross Receipts
$118,263
Mission and Program Overview

Mission

Ourmissionisaboutworkingtogethertocreateaneconomicallyvibrantregion.We'repartneredwiththeregion'ssmallbusinessdevelopmentcenters,workforcecenter,countyandcityeconomicdevelopmentauthorities,technicalandcommunitycolleges,theUniversityofMNExtension,andmanyothernon-profitorganizationsworkingtoimproveeconomicconditionsandqualityoflifeinourregion.

Our mission is about working together to create an economically vibrant region. Were partnered with the regions small business development centers workforce center county and city economic development authorities technical and community colleges the University of MN Extension and many other non-profit organizations working to improve economic conditions and quality of life in our region.

Program Services

DescriptionGrantsExpenses
Economic Development - Our mission is about working together to create an economically vibrant region. We are partnered with the regions small business development centers workforce center county and city economic development authorities technical and community colleges University of MN Extension and many other non-profit organizations working to improve conditions and quality of life in our region.$0$89,998
Administrative & General$0$14,919
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim AagardTreasurer-$0--
Ryan BrowneDirector-$0--
Ray LudovissiePresident-$0--
Bruce KinnunenDirector-$0--
Myrlyn KreklauVice President-$0--
Cheryl HahnDirector-$0--
Amy OlsonSecretary-$0--
Jordan HinkleDirector-$0--
Jon LoeffenDirector-$0--
Allison FredericksonDirector-$0--
Filing and Contact Details

Filer

Filer Name
West Central Economic Development Alliance
EIN
27-5168472
In Care Of
% Kim Aagard
Address
415 JEFFERSON ST N, WADENA, MN 56482-1264

Signing Officer

Name
Kim Aagard Aagard
Title
Treasurer
Signed
2025-04-23
Supplemental Narrative

Additional Explanations

Part I, line 8

| Other Revenues:, Amount:| Part I Line 8 Other Revenue: In-kind Revenue $6,051 Office Space technology accounting staff, $6051|

Part I, line 16

| Other Expenses:, Amount:| In-kind Expenses $6,051 Travel Education 7,970 PR & Development 9,205 Dues & Subscriptions 1,148 Office & Miscellaneous Expenses 301 Insurance Expense 597, $25272|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| Accrued PTO & Deferred Contributions, $4438, $9056|

Raw XML Appendix154 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Kim Aagard
IRS990EZ/BooksInCareOfDetail/PhoneNum02186315211
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0415 JEFFERSON ST N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WADENA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0564821264
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108088
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0126052
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013346
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt079645
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0108088
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0126052
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0118263
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0670
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0103650
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116996
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0103650
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116996
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kim Aagard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ryan Browne
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ray Ludovissie
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Bruce Kinnunen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Myrlyn Kreklau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Cheryl Hahn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Amy Olson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jordan Hinkle
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Jon Loeffen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Allison Frederickson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt025272
IRS990EZ/OtherRevenueTotalAmt06051
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Our mission is about working together to create an economically vibrant region. Were partnered with the regions small business development centers workforce center county and city economic development authorities technical and community colleges the University of MN Extension and many other non-profit organizations working to improve economic conditions and quality of life in our region.
IRS990EZ/ProgramServiceRevenueAmt081542
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Economic Development - Our mission is about working together to create an economically vibrant region. We are partnered with the regions small business development centers workforce center county and city economic development authorities technical and community colleges University of MN Extension and many other non-profit organizations working to improve conditions and quality of life in our region.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Administrative & General
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt089998
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt114919
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04438
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09056
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0104917
IRS990EZ/TotalProgramServiceExpensesAmt0104917
IRS990EZ/TotalRevenueAmt0118263
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http: www.thealliancemn.org
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| Part I Line 8 Other Revenue: In-kind Revenue $6,051 Office Space technology accounting staff, $6051|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| In-kind Expenses $6,051 Travel Education 7,970 PR & Development 9,205 Dues & Subscriptions 1,148 Office & Miscellaneous Expenses 301 Insurance Expense 597, $25272|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Accrued PTO & Deferred Contributions, $4438, $9056|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kim Aagard Aagard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEST CENTRAL ECONOMIC DEVELOPMENT ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0275168472
ReturnHeader/Filer/ForeignPhoneNum02186315211
ReturnHeader/Filer/InCareOfNm0% Kim Aagard
ReturnHeader/Filer/USAddress/AddressLine1Txt0415 JEFFERSON ST N
ReturnHeader/Filer/USAddress/CityNm0WADENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0564821264
ReturnHeader/ReturnTs02025-04-18T15:17:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.