2024-11-15T13:58:27-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 100 MARITIME DRIVE SUITE 2B MANITOWOC WI 54220 990 2023-01-01 391487364 SHEBOYGAN COUNTY ECONOMIC DEVELOPMENT CORPORATION SHEB 9204522479 508 NEW YORK AVE 209 SHEBOYGAN WI 53081 BRIAN DOUDNA EXECUTIVE DIRECTOR 9204522479 2024-11-14 1 0 LACEY SILBERNAGEL P01245590 9206845500 2024-11-14 2023 2024-10-15 13:58:12Z BRIAN DOUDNA 508 NEW YORK AVE 209 SHEBOYGAN WI 53081 885029 0 X WWW.SHEBOYGANCOUNTYEDC.COM X 1984 WI ECONOMIC DEVELOPMENT EFFORTS FOR THE BUSINESSES, RESIDENTS, AND COMMUNITIES OF SHEBOYGAN COUNTY. 36 36 6 75 0 0 8507888 737328 97745 79173 1393 68528 7370 0 8614396 885029 15000 70000 0 0 377875 527024 0 0 5987 357864 298400 750739 895424 7863657 -10395 8820509 11035340 83795 2513870 8736714 8521470 X THE MISSION OF THE SHEBOYGAN COUNTY ECONOMIC DEVELOPMENT CORPORATION (SCEDC), A COUNTYWIDE PRIVATE/PUBLIC PARTNERSHIP, IS TO LEAD ECONOMIC DEVELOPMENT EFFORTS TO IMPROVE THE ECONOMIC WELL-BEING AND LONG-TERM PROSPERITY OF THE BUSINESSES, RESIDENTS, AND COMMUNITIES OF SHEBOYGAN COUNTY. 1 0 181622 79173 TALENT RECRUITMENT - UPDATES TO SHEBOYGAN CO. WEB SITE SOMEPLACE BETTER BASED ON THE INPUT FROM HR VOLUNTEERS. BEGIN FORMING A HOUSING STRATEGY TO ADDRESS THE NEEDS OF THE MARKETPLACE. 181622 AFFORDABLE HOUSING INITIATIVE: THE SCEDC FOCUSES ON CONSTRUCTION OF ENTRY LEVEL HOME INVENTORY. 145298 70000 SMALL BUSINESS FORMATION: THE SCEDC PROVIDES SERVICES AND TECHNICAL ASSISTANCE TO SUPPORT ENTREPRENUERS AND INNOVATORS. THE SCEDC HAS CONTRACTED STAFF DEDICATED TO THE ROLE AND IT ALSO INVOLVES SEVERAL KEY PROGRAMS INCLUDING ACCELERATE SHEBOYGAN COUNTY. OPERATED ACCELERATE SHEBOYGAN COUNTY AND SCALE SEED ACCELERATOR. 36325 ANNUAL MEETING: THE MEETING IS OUR PRIMARY EDUCATION EVENT FOR THE COMMUNITY. AT THE EVENT WE DREW IN LEADERS FROM AROUND THE COUNTY TO GET THEM ACTIVELY THINKING ABOUT AND ENGAGED IN ECONOMIC DEVELOPMENT THROUGHOUT THE COMMUNITY. 108973 BUSINESS EXPANSION: THE SCEDC WAS CONTACTED BY A DOZEN BUSINESSES CONSIDERING THE POSSIBILITY OF LOCATING OPERATIONS IN SHEBOYGAN COUNTY. ALTHOUGH LITTLE DIRECT COSTS CAN BE IDENTIFIED, ABOUT A THIRD OF STAFF TIME WAS FOCUSED ON PERSUADING THESE COMPANIES TO INVEST IN SHEBOYGAN COUNTY. 72649 BUSINESS RETENTION: THE SCEDC MET WITH OVER 50 AREA BUSINESSES TO DISCUSS CHALLENGES AND OPPORTUNITIES. ALTHOUGH LITTLE DIRECT COSTS CAN BE IDENTIFIED, ABOUT A THIRD OF STAFF TIME WAS DEVOTED TO THIS EFFORT. 217947 726489 0 1 0 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 15 0 6 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 36 36 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRIAN DOUDNA 9209469378 508 NEW YORK AVE ROOM 209 SHEBOYGAN WI 53081 JODI SCHOERNER TREASURER/SECRETARY 2.00 X X 0 0 0 GARY DULMES VICE PRESIDENT 4.00 X X 0 0 0 DON HAMMOND PRESIDENT 8.00 X X 0 0 0 MIKE KLEIN BOARD MEMBER 0.15 X 0 0 0 TERESA VAN HORN BOARD MEMBER 0.15 X 0 0 0 STEVE HARRISON BOARD MEMBER 0.15 X 0 0 0 SHAD TENPAS BOARD MEMBER 0.15 X 0 0 0 PAUL CARLSEN BOARD MEMBER 0.15 X 0 0 0 PAUL BARTELT BOARD MEMBER 0.15 X 0 0 0 MICHAEL BROTZ BOARD MEMBER 0.15 X 0 0 0 MEL BLANKE BOARD MEMBER 0.15 X 0 0 0 MARC SCHUH BOARD MEMBER 0.15 X 0 0 0 LOUIE GENTINE BOARD MEMBER 0.15 X 0 0 0 JUSTIN SELLE BOARD MEMBER 0.15 X 0 0 0 JIM TESTWUIDE BOARD MEMBER 0.15 X 0 0 0 JIM GALLIMORE BOARD MEMBER 0.15 X 0 0 0 DAVID GASS BOARD MEMBER 0.15 X 0 0 0 DAVID BOLLAND BOARD MEMBER 0.15 X 0 0 0 GRANT PAULY BOARD MEMBER 0.15 X 0 0 0 DEIDRE MARTINEZ BOARD MEMBER 0.15 X 0 0 0 DAVID SACHSE BOARD MEMBER 0.15 X 0 0 0 TOM LIEBL BOARD MEMBER 0.15 X 0 0 0 DAVE ALDAG BOARD MEMBER 0.15 X 0 0 0 CRAIG ROUSH BOARD MEMBER 0.15 X 0 0 0 BOB WERNER BOARD MEMBER 0.15 X 0 0 0 ADAM PAYNE BOARD MEMBER 0.15 X 0 0 0 MIKE SUPRICK BOARD MEMBER 0.15 X 0 0 0 LAURA GUMM BOARD MEMBER 0.15 X 0 0 0 BETH BORGEN BOARD MEMBER 0.15 X 0 0 0 ARIC KINNEY BOARD MEMBER 0.15 X 0 0 0 VERN KOCH BOARD MEMBER 0.15 X 0 0 0 JASON KREPLINE BOARD MEMBER 0.15 X 0 0 0 NATALIE MACIOLEK BOARD MEMBER 0.15 X 0 0 0 RYAN GARTMAN BOARD MEMBER 0.15 X 0 0 0 RYAN SORENSON BOARD MEMBER 0.15 X 0 0 0 TODD WOLF BOARD MEMBER 0.15 X 0 0 0 TOM HOLTAN BOARD MEMBER 0.15 X 0 0 0 JEFFREY LASSELLE BOARD MEMBER 0.15 X 0 0 0 TIM BLAKESLEE BOARD MEMBER 0.15 X 0 0 0 BRIAN DOUDNA EXECUTIVE DIRECTOR 40.00 X 126702 0 13919 126702 0 13919 1 0 0 0 0 324800 234500 178028 737328 IOT INCOME 900099 77173 77173 DEVELOPERS TOUR 900099 2000 2000 79173 68528 68528 885029 79173 0 68528 30000 30000 40000 40000 140621 112497 28124 333146 261918 66630 4598 2623 2034 525 64 31010 24397 6202 411 19624 15503 3925 196 4219 4219 15602 15602 11295 11295 9210 7011 2097 102 18966 14437 4318 211 15000 5000 10000 10734 8171 2444 119 29645 26945 2500 200 8363 8363 7150 5442 1628 80 IOT EXPENSES 108449 108449 BUSINESS FORMATION 45333 45333 PROFESSIONAL DEVELOPMEN 6196 4956 1240 BAD DEBT 5000 5000 3238 3101 131 6 895424 726489 162948 5987 X 109072 72139 3990423 3972803 3000000 0 0 86649 225000 0 3853 6923 1430935 53002 1492161 1377933 0 5518893 8820509 11035340 83795 267083 2246787 83795 2513870 X 736714 486143 8000000 8035327 8736714 8521470 8820509 11035340 -10395 20151 -225000 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1375730 1375730 34228 32862 1366 20977 20140 837 1377933 CONSTRUCTION IN PROCESS 5518893 5518893 X PART X, LINE 2: THE ORGANIZATION ADOPTED THE FASB ASC TOP 740, INCOME TAXES, RELATED TO UNCERTAIN TAX POSITIONS, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTABLE FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DID NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. TAX YEARS WITH OPEN STATUTES OF LIMITATIONS ARE 2019 AND FORWARD. 1 KIDS IN COMBAT BOOTS 1914 MANOR PARKWAY SHEBOYGAN WI 53083 881938314 OTHER 10000 0 PROJECT FUNDING TICK REPELLENT WIPS LLC 2120 S 11TH STREET SHEBOYGAN WI 53081 922585924 OTHER 10000 0 PROJECT FUNDING CK INNOVATIONS LLC 406 HUENINK AVE CEDAR GROVE WI 53013 862939421 OTHER 10000 0 PROJECT FUNDING 0 3 TECHNICAL ASSISTANCE 5 10000 SCALE PARTICIPANT 3 30000 PART I, LINE 2: THE GRANTS ARE TIED TO SMALL BUSINESS FORMATION AND TECHNICAL ASSISTANCE TO LAUNCH THE BUSINESS. RECEIPTS OF THE EXPENSES ARE REQUIRED FOR THE GRANT TO BE ISSUED ON A REIMBURSEMENT BASIS. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF ASSISTANCE IN COMPLIANCE WITH THE WEDC. SELECTION CRITERIA IS DETERMINED BY A SUB COMMITTEE BASED ON CANDIDATE INTERVIEWS. FORM 990, PART III, LINE 2 HOUSING INITIATIVE - THE CORPORATION IS CONSTRUCTING ENTRY LEVEL HOMES TO ASSIST WITH THE HOUSING SHORTAGE IN THE LABOR MARKET. THIS IS PART OF OUR WORKFORCE DEVELOPMENT AND RECRUITMENT EFFORTS TO SUPPORT COMPANY AND JOB GROWTH IN THE COUNTY. FORM 990, PART VI, SECTION A, LINE 1A IN THE INTERIM BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO EXERCISE ALL POWERS OF THE BOARD IN THE INTERVALS BETWEEN MEETINGS IN ACCORDANCE WITH THE POLICIES OF THE CORPORATION AND SUBJECT TO THE GENERAL DIRECTION OF THE BOARD, EXCEPT THAT IT SHALL NOT FILL VACANCIES ON THE BOARD, ELECT OFFICERS, AMEND THE BY-LAWS OR ARTICLES OF INCORPORATION, BORROW OR LEND CORPORATION FUNDS AMOUNTING TO ANY MORE THAN TEN PERCENT (10%) OF THE CORPORATION'S OPERATING BUDGET, OR DO OTHER ACTS WHICH ARE PROHIBITED BYLAW. FORM 990, PART VI, SECTION A, LINE 2 OUR BOARD CONSISTS OF BUSINESS LEADERS FROM ACROSS THE COUNTY. MANY DIRECTORS HAVE ESTABLISHED RELATIONSHIPS WITH ONE ANOTHER, AND SOME BOARD MEMBERS ARE COMPETITORS. THESE CONNECTIONS ARE INEVITABLE WITH A BOARD THIS SIZE. EACH BOARD MEMBER IS REQUIRED TO SIGN AN AGREEMENT THAT STATES EACH BOARD MEMBER IS NOT ON THE BOARD FOR THEIR OWN PERSONAL ADVANTAGE OR THEIR FRIENDS AND SUPPORTERS. FORM 990, PART VI, SECTION B, LINE 11B FINANCE COMMITTEE REVIEWS AND THEN SENT ELECTRONICALLY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY COVERS THE BOARD OF DIRECTORS, AND THE POTENTIAL CONFLICTS ARE REVIEWED EVERY YEAR BY THE EXECUTIVE COMMITTEE. RESTRICTIONS FOR THOSE THAT ARE FOUND TO HAVE A CONFLICT OF INTEREST ARE DEPENDENT ON THE TYPE OF CONFLICT. IN MOST CASES THE BOARD MEMBER CAN STILL PARTICIPATE IN MEETINGS BUT ARE NOT ABLE TO VOTE ON MATTERS THEY HAVE THE CONFLICT WITH. HOWEVER, THEY MAY NOT SIT IN ON MEETINGS IF THE CONFLICT IS WITH A DIRECT OWNER OF AN ENTITY THE MEETING IS ABOUT. THE ORGANIZATION DOCUMENTS PROCEEDINGS RESULTING FROM CONFLICTS OF INTEREST IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS PERFORM AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. IT WILL THEN SEEK INFORMATION TIED TO COMPENSATION AND OTHER COMPARABLE DATA. THE REVIEW WILL BE REPORTED TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE DIRECTOR PERFORMS REVIEWS OF THE SCEDC STAFF ON AN ANNUAL BASIS. THE DECISIONS ARE OUTLINED IN THE ANNUAL BUDGET. WE SUMMARIZE THE RANGE OF INCREASES TO THE STAFF IN THE BUDGET DOCUMENT THAT IS APPROVED BY BOARD. NO COMPENSATION FOR OFFICERS, THE EXECUTIVE COMMITTEE REVIEWS COMP FOR EXECUTIVE DIRECTOR AND KEY EMPLOYEES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: MONTHLY MEETINGS OF THE FINANCE COMMITTEE TO PROVIDE GREATER OVERSIGHT OF MONTHLY ACTIVITIES. SHEBOYGAN COUNTY ECONOMIC DEVELOPMENT CORPORATION FOUNDATION 508 NEW YORK AVENUE ROOM 209 SHEBOYGAN WI 53081 271707068 COMMUNITY SUPPORT WI 501(C)(3) LINE 7 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SHEBOYGAN COUNTY ECONOMIC DEVELOPMENT FOUNDATION D 45099 CASH VALUE