Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
990 • Fiscal year 2018 • EIN 39-1685445
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
23rd percentile
Higher top officer pay than 23% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Up$3,880,508
Up $549,652 (+17%) from 2017
Net Assets
Up$2,459,748
Up $151,959 (+6.6%) from 2017
Liabilities
Up$1,420,760
Up $397,693 (+39%) from 2017
Revenue
Down$370,880
Down $922,045 (-71%) from 2017
Expenses
Up$196,962
Up $174,596 (+781%) from 2017
Net Income
Down$173,918
Down $1,096,641 (-86%) from 2017
River Falls Economic Development Corporation (RFEDC) is a voluntary non-profit organization that collaborates with the City of River Falls, Pierce County Economic Development Corporation, St. Croix Economic Development Corporation, and the Wisconsin Economic Development Corporation on economic development to increase employment opportunities through industrial development.
River falls economic development corporation (rfedc) is a voluntary non- profit organization that collaborates with the city of river falls, pierce county economic development corporation, st. Croix economic development corporation, and the wisconsin economic development corporation to increase employment opportunities through industrial development.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | - | $3,489,724 | - |
| Savings and Temporary Cash Investments | $126,274 | $216,779 | ▲ $90,505 |
| Cash and Non-Interest-Bearing Accounts | $129,288 | $110,065 | ▼ $19,223 |
| Investments Program Related | $75,810 | $53,493 | ▼ $22,317 |
| Pledges and Grants Receivable | - | $10,447 | - |
| Total Assets | $3,330,856 | $3,880,508 | ▲ $549,652 |
| Other Assets Total | $2,999,484 | - | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,023,067 | $1,419,889 | ▲ $396,822 |
| Accounts Payable and Accrued Expenses | - | $871 | - |
| Total Liabilities | $1,023,067 | $1,420,760 | ▲ $397,693 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,307,789 | $2,459,748 | ▲ $151,959 |
| Total Net Assets Fund Balance | $2,307,789 | $2,459,748 | ▲ $151,959 |
| Total Liabilities and Net Assets / Fund Balance | $3,330,856 | $3,880,508 | ▲ $549,652 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,326,028 | $56,373 | $3,382,401 |
| Other Land Buildings | $90,520 | $15,089 | $105,609 |
| Leasehold Improvements | $73,176 | $1,240 | $74,416 |
| Name | Title |
|---|---|
| Dale Jorgenson | Board Presid |
| Angel Zimmerman | Director |
| Dianne Barr | Director |
| Don Piepgras | Director |
| Jason Fredrickson | Director |
| Jerry Wilkens | Director |
| Max Neuhaus | Director |
| Paul Schwebach | Director |
| Roseanne Bump | Director |
| Danielle Campeau | Director Scv |
| Scot Simpson | Executive Di |
| Dan Schmit | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $196,962 |
| 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 |
|---|---|---|---|---|
| Depreciation Depletion | $72,702 | - | - | $72,702 |
| Interest | $51,073 | - | - | $51,073 |
| Occupancy | $41,630 | - | - | $41,630 |
| Office Expenses | $9,417 | - | - | $9,417 |
| Advertising | $5,432 | $810 | - | $6,242 |
| Insurance | $3,831 | $750 | - | $4,581 |
| Fees for Services Accounting | $2,695 | $895 | - | $3,590 |
| Fees for Services Other | - | $1,500 | - | $1,500 |
| Other Expenses | $950 | $974 | - | $950 |
| All Other Expenses | $53 | - | - | $53 |
| Total Functional Expenses | $189,954 | $7,008 | $0 | $196,962 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The board treasurer reviews for accruacy and full disclosre prior to submitting for full board approval. The board formally aproves form 990 prior to signing.”
“Section 6 of the bylaws is titled "conflict of interest- and is explained to all new board members and continuting board members. The policy explains whereby any conflicts of interest relative to members actions on the board are present, the affected board member is expected to excuse themselves. The bylaws are posted to secure 'in the cloud" storage which allows for easy reference to all board members.”
“Forms 990/990ez are available either upon request or at guidestar.org. Other documents, i.e. Articles of incorporation (on file with the wi dept of financial insitutuions), bylaws and financial statements are not normally provided.”
“River falls economic development corporation (rfedc) is a voluntary non- profit organizaiton that collaborates with the city of river falls, pierce county economic development corporation, st. Croix economic development corporation, and the wisconsin economic development corporation on economic development to increase employment opportunities through industrial development.”
“Assist new business start ups and provide rental or new construction”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 871 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION (RFEDC) IS A VOLUNTARY NON- PROFIT ORGANIZATION THAT COLLABORATES WITH THE CITY OF RIVER FALLS, PIERCE COUNTY ECONOMIC DEVELOPMENT CORPORATION, ST. CROIX ECONOMIC DEVELOPMENT CORPORATION, AND THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION TO INCREASE EMPLOYMENT OPPORTUNITIES THROUGH INDUSTRIAL DEVELOPMENT. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 810 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5432 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6242 |
| IRS990/AllOtherContributionsAmt | 0 | 57105 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 53 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 53 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DANIEL SCHMIT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7156849043 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 756 SUMMIT LANE N |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HUDSON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 54016 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 129288 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 110065 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 239901 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1574 |
| IRS990/CYOtherExpensesAmt | 0 | 196962 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 129405 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 173918 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 196962 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 370880 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 72702 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 72702 |
| IRS990/Desc | 0 | ASSIST NEW BUSINESS START UPS AND PROVIDE RENTAL OR NEW CONSTRUCTION OPPORTUNITIES FOR NEW AND EXISITING BUSINESSES IN THE CITY OF RIVER FALLS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 895 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 2695 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3590 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1500 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1500 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 20.00 |
| 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/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/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/PersonNm | 0 | ANGEL ZIMMERMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN SCHMIT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DANIELLE CAMPEAU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SCOT SIMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DON PIEPGRAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DALE JORGENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JERRY WILKENS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PAUL SCHWEBACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | ROSEANNE BUMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DIANNE BARR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MAX NEUHAUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JASON FREDRICKSON |
| 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/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/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR SCV |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD PRESID |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1988 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 182796 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 370880 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 750 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 3831 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4581 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 51073 |
| IRS990/InterestGrp/TotalAmt | 0 | 51073 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1574 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1574 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 75810 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 53493 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 72702 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3489724 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3562426 |
| IRS990/LegalDomicileStateCd | 0 | WI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION (RFEDC) IS A VOLUNTARY NON- PROFIT ORGANIZAITON THAT COLLABORATES WITH THE CITY OF RIVER FALLS, PIERCE COUNTY ECONOMIC DEVELOPMENT CORPORATION, ST. CROIX ECONOMIC DEVELOPMENT CORPORATION, AND THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION ON ECONOMIC DEVELOPMENT TO INCREASE EMPLOYMENT OPPORTUNITIES THROUGH INDUSTRIAL DEVELOPMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1023067 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1419889 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2307789 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2459748 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -21959 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 41630 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 41630 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9417 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9417 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2999484 |
| IRS990/OtherExpensesGrp/Desc | 0 | STAFF TRAVEL/DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | MEETING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | CLOSING COSTS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2079 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 974 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2171 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 950 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2171 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2079 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 974 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 950 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 10447 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | DALE JORGENSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INNOVATION CENTER PROGRAM |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | WI RURAL ENTERPRISE FUND |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 129763 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | -358 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 129763 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | -358 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ASSIST NEW BUSINESS START UPS AND PROVIDE RENTAL OR NEW CONSTRUCTION |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1291877 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4987 |
| IRS990/PYOtherExpensesAmt | 0 | 22366 |
| IRS990/PYProgramServiceRevenueAmt | 0 | -3939 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1270559 |
| IRS990/PYTotalExpensesAmt | 0 | 22366 |
| IRS990/PYTotalRevenueAmt | 0 | 1292925 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 173918 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 126274 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 216779 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 3326028 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 56373 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3382401 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 73176 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 1240 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 74416 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 90520 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 15089 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 105609 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3489724 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION (RFEDC) IS A VOLUNTARY NON- PROFIT ORGANIZAITON THAT COLLABORATES WITH THE CITY OF RIVER FALLS, PIERCE COUNTY ECONOMIC DEVELOPMENT CORPORATION, ST. CROIX ECONOMIC DEVELOPMENT CORPORATION, AND THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION ON ECONOMIC DEVELOPMENT TO INCREASE EMPLOYMENT OPPORTUNITIES THROUGH INDUSTRIAL DEVELOPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ASSIST NEW BUSINESS START UPS AND PROVIDE RENTAL OR NEW CONSTRUCTION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD TREASURER REVIEWS FOR ACCRUACY AND FULL DISCLOSRE PRIOR TO SUBMITTING FOR FULL BOARD APPROVAL. THE BOARD FORMALLY APROVES FORM 990 PRIOR TO SIGNING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SECTION 6 OF THE BYLAWS IS TITLED "CONFLICT OF INTEREST- AND IS EXPLAINED TO ALL NEW BOARD MEMBERS AND CONTINUTING BOARD MEMBERS. THE POLICY EXPLAINS WHEREBY ANY CONFLICTS OF INTEREST RELATIVE TO MEMBERS ACTIONS ON THE BOARD ARE PRESENT, THE AFFECTED BOARD MEMBER IS EXPECTED TO EXCUSE THEMSELVES. THE BYLAWS ARE POSTED TO SECURE 'IN THE CLOUD" STORAGE WHICH ALLOWS FOR EASY REFERENCE TO ALL BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FORMS 990/990EZ ARE AVAILABLE EITHER UPON REQUEST OR AT GUIDESTAR.ORG. OTHER DOCUMENTS, I.E. ARTICLES OF INCORPORATION (ON FILE WITH THE WI DEPT OF FINANCIAL INSITUTUIONS), BYLAWS AND FINANCIAL STATEMENTS ARE NOT NORMALLY PROVIDED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 3330856 |
| IRS990/TotalAssetsEOYAmt | 0 | 3880508 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3330856 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3880508 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 239901 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 7008 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 189954 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 196962 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1023067 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1420760 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1023067 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1420760 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 2307789 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2459748 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 129405 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 130979 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 370880 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3330856 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3880508 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 2307789 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 2459748 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 222 NORTH LEWIS STREET |
| IRS990/USAddress/CityNm | 0 | RIVER FALLS |
| IRS990/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990/USAddress/ZIPCd | 0 | 54022 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | WWW.RFCITY.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAN SCHMIT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7154263144 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RIVER FALLS ECONOMIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RIVE |
| ReturnHeader/Filer/EIN | 0 | 391685445 |
| ReturnHeader/Filer/PhoneNum | 0 | 7154263144 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 222 NORTH LEWIS ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RIVER FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 54022 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 1B2FD13178C25FA12889983DEEE446E91A64EC4A |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 1B2FD13178C25FA12889983DEEE446E91A64EC4A |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.94.35.33 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-24 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 17:36:29 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 391825995 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GUINN VINOPAL & ZAHRADKA LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 715 N MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RIVER FALLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 540223502 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7154257521 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SONYA JANSMA |
| ReturnHeader/ReturnTs | 0 | 2019-06-24T17:36:29-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.