2026-08-17T16:19:10-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 1175 LOMBARDI AVENUE SUITE 200 GREEN BAY WI 54304 990 2025-01-01 391621905 DOOR COUNTY ECONOMIC DEVELOPMENT CORPORATION DOOR 9207433113 185 E WALNUT STREET STURGEON BAY WI 54235 MICHELLE LAWRIE EXECUTIVE DIRECTOR 9207433113 2026-08-14 1 BECKY MEYER P01246910 9204367800 2026-08-10 2025 2025-03-06 01:10:19Z MICHELLE LAWRIE 185 E WALNUT STREET STURGEON BAY WI 54235 642083 0 X WWW.DOORCOUNTYBUSINESS.COM X 1988 WI TO IMPROVE THE ECONOMIC VITALITY OF DOOR COUNTY AND ITS RESIDENTS. 14 14 5 20 0 0 275661 341762 229032 42055 14334 38420 -13758 177270 505269 599507 247900 128139 0 0 261036 267403 0 0 19777 277168 305394 786104 700936 -280835 -101429 2420189 2325381 44135 50756 2376054 2274625 X DCEDC IS A PUBLIC/PRIVATE PARTNERSHIP DEDICATED TO IMPROVING THE ECONOMIC VITALITY OF THE COUNTY AND ITS RESIDENTS. DCEDC HAS BEEN SUCCESSFUL IN HELPING EXISTING BUSINESSES CREATE AND RETAIN THOUSANDS OF JOBS THROUGH A MYRIAD OF PROGRAMS AND INITIATIVES. 0 1 121574 0 0 IN 2025, THE DOOR COUNTY ECONOMIC DEVELOPMENT CORPORATION (DCEDC) CONTINUED IMPLEMENTATION OF THE THIRD YEAR OF ITS 2023-2025 STRATEGIC PLAN, FOCUSED ON DELIVERING PROGRAMS, INITIATIVES, AND SERVICES THAT SUPPORT THE SUCCESS AND SUSTAINABILITY OF BUSINESSES OF ALL SIZES AND SECTORS THROUGHOUT DOOR COUNTY. KEY ACCOMPLISHMENTS AND ACTIVITIES IN 2025 INCLUDED:WORKFORCE DEVELOPMENT: CONDUCTED THE STURGEON BAY DEVELOPMENT TOUR TO SHOWCASE NEW RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL DEVELOPMENT OPPORTUNITIES WITHIN THE CITY, CONTRIBUTING TO MOMENTUM FOR A RECENTLY ANNOUNCED 60-UNIT HOUSING PROJECT ON STURGEON BAY'S WEST SIDE, WHILE ALSO HELPING CULTIVATE ADDITIONAL FUTURE DEVELOPMENT OPPORTUNITIES. SUPPORTED WORKFORCE PIPELINE AND STUDENT ENGAGEMENT EFFORTS THROUGH THE HIGH SCHOOL JOB FAIR, MANUFACTURING DAY TOURS, AND CONTINUED COLLABORATION THROUGH THE BUSINESS AND EDUCATION PARTNERSHIP COMMITTEE TO STRENGTHEN CONNECTIONS BETWEEN LOCAL EMPLOYERS, STUDENTS, AND SCHOOLS. ASSISTED COMMUNITIES WITH BROADBAND ENHANCEMENT GRANT APPLICATIONS AND CONDUCTED AND PRESENTED RESEARCH RELATED TO THE IMPACT OF BROADBAND IMPROVEMENTS ON SECONDARY RESIDENTS AND THE LOCAL ECONOMY. CONTINUED PROVIDING A COUNTYWIDE RENTAL HOUSING INVENTORY RESOURCE TO HELP BUSINESSES CONNECT WORKERS WITH AVAILABLE HOUSING OPPORTUNITIES AND SUPPORTED LOCAL EFFORTS TO INCREASE HOUSING INVENTORY. ENHANCED ACCESS TO ECONOMIC DEVELOPMENT RESOURCES THROUGH UPDATES TO THE ORGANIZATION'S WEBSITE AND EXPANDED COMMUNICATIONS AND SOCIAL MEDIA OUTREACH CONNECTING RESIDENTS AND BUSINESSES WITH PROGRAMS, TOOLS, AND OPPORTUNITIES.BUSINESS ADVANCEMENT AND ADVOCACY: LED THE 2025 LEGISLATIVE DAYS INITIATIVE IN MADISON, PROVIDING OPPORTUNITIES FOR DOOR COUNTY RESIDENTS, BUSINESSES, AND COMMUNITY LEADERS TO ENGAGE WITH STATE POLICYMAKERS AND INCREASE AWARENESS OF HOW STATEWIDE POLICY DECISIONS IMPACT THE COUNTY'S ECONOMY, WORKFORCE, INFRASTRUCTURE, AND BUSINESS CLIMATE.COMMUNICATIONS AND ENGAGEMENT: EXPANDED OUTREACH AND ENGAGEMENT EFFORTS THROUGH ENHANCED DIGITAL COMMUNICATIONS, INCREASED SOCIAL MEDIA PRESENCE, AND CONTINUED PROMOTION OF ECONOMIC DEVELOPMENT RESOURCES, PROGRAMS, AND COMMUNITY OPPORTUNITIES. CONTINUED IMPROVEMENTS TO THE ECONOMIC DEVELOPMENT WEBSITE HELPED PROVIDE BUSINESSES, RESIDENTS, AND COMMUNITY STAKEHOLDERS WITH GREATER ACCESS TO INFORMATION, TOOLS, AND LOCAL DEVELOPMENT RESOURCES. 273359 15000 212545 BUSINESS ATTRACTION, RETENTION AND EXPANSION: DCEDC WORKS TO SUPPORT THE RETENTION, GROWTH, AND LONG-TERM SUCCESS OF EXISTING BUSINESSES ACROSS ALL INDUSTRIES THROUGHOUT DOOR COUNTY WHILE ALSO ASSISTING BUSINESSES IN IDENTIFYING AND PURSUING EXPANSION OPPORTUNITIES. SERVICES PROVIDED INCLUDE BUSINESS CONSULTATION, EXPORT EDUCATION AND FACILITATION, LABOR MARKET DATA AND WORKFORCE PROJECTIONS TO SUPPORT INFORMED BUSINESS DECISION-MAKING, AND SITE SELECTION ASSISTANCE FOR BUSINESS EXPANSION AND RELOCATION PROJECTS. DCEDC ALSO COLLABORATES WITH LOCAL COMMUNITIES, DEVELOPERS, AND PROPERTY OWNERS TO ATTRACT NEW BUSINESSES AND INVESTMENT TO LOCATIONS THROUGHOUT DOOR COUNTY, INCLUDING RETAIL, COMMERCIAL, AND INDUSTRIAL PROPERTIES. THE ORGANIZATION ACTIVELY MARKETS AVAILABLE DEVELOPMENT SITES, PARTNERS WITH THE CITY OF STURGEON BAY TO PROMOTE OPPORTUNITIES WITHIN THE CITY'S INDUSTRIAL PARK, AND ADVANCES DOOR COUNTY AS A DESIRABLE LOCATION FOR BUSINESS INVESTMENT, EXPANSION, AND RELOCATION. 173952 113139 42055 ENTREPRENEURIAL AND SMALL BUSINESS SERVICES: DCEDC SUPPORTS ENTREPRENEURS AND SMALL BUSINESSES THROUGH SERVICES INCLUDING BUSINESS PLAN DEVELOPMENT, FINANCING ASSISTANCE THROUGH REVOLVING LOAN FUNDS, AND SITE AND LOCATION SELECTION GUIDANCE. DCEDC ALSO CREATES OPPORTUNITIES FOR ENTREPRENEURS AND BUSINESS OWNERS TO CONNECT, COLLABORATE, AND LEARN FROM THE EXPERIENCES AND SUCCESSES OF OTHERS. THROUGH ITS COMMUNICATIONS AND MARKETING INITIATIVES, DCEDC HIGHLIGHTS AND PROMOTES DOOR COUNTY ENTREPRENEURS, SMALL BUSINESSES, AND THEIR CONTRIBUTIONS TO THE LOCAL ECONOMY. IN 2025, DCEDC PROVIDED TAILORED ASSISTANCE AND SERVICES TO 114 INDIVIDUAL BUSINESSES AND GRADUATED AN ADDITIONAL SEVEN PARTICIPANTS THROUGH ITS ENTREPRENEURIAL TRAINING PROGRAM. DCEDC ALSO CONDUCTED ITS THIRD ANNUAL LIGHTHOUSE LAUNCH PITCH CONTEST, SUPPORTING AND SHOWCASING EMERGING SMALL BUSINESSES AND ENTREPRENEURS IN DOOR COUNTY. AS OF THE END OF 2025, DCEDC WAS ADMINISTERING 28 ACTIVE LOANS THROUGH ITS REVOLVING LOAN FUND PROGRAMS, REPRESENTING APPROXIMATELY $2.2 MILLION IN FINANCING SUPPORTING BUSINESSES THROUGHOUT DOOR COUNTY. IN ADDITION, DCEDC RECEIVED A GRANT FROM THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION (WEDC) TO ESTABLISH THE DOOR COUNTY FACADE AND PROPERTY IMPROVEMENT PROGRAM. THROUGH THIS INITIATIVE, DCEDC CONTRACTED WITH 29 BUSINESSES TO SUPPORT PROPERTY ENHANCEMENT PROJECTS. BY THE END OF 2025, THE PROGRAM HAD LEVERAGED MORE THAN $200,000 IN PROPERTY IMPROVEMENTS, ACHIEVING A 2:1 RATIO OF PRIVATE-TO-PUBLIC INVESTMENT. 568885 1 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X MICHELLE LAWRIE 9207433113 185 EAST WALNUT STREET STURGEON BAY WI 54235 BRIAN STEPHENS PAST CHAIR 1.00 X X 0 0 0 TIM DUQUAINE CHAIR 1.00 X X 0 0 0 RYAN HOERNKE VICE CHAIR AND TREASURER 1.00 X X 0 0 0 DALE WIEGAND DIRECTOR 1.00 X 0 0 0 DAN TJERNAGEL DIRECTOR 1.00 X 0 0 0 GREG STILLMAN DIRECTOR 1.00 X 0 0 0 JACKIE BONGLE DIRECTOR 1.00 X 0 0 0 JAMIE ALBERTS DIRECTOR 1.00 X 0 0 0 JEFF MILLER DIRECTOR 1.00 X 0 0 0 MORIAH BREY DIRECTOR 1.00 X 0 0 0 ROBERT CORNELL DIRECTOR 1.00 X 0 0 0 TODD THAYSE DIRECTOR 1.00 X 0 0 0 HELEN BACON DIRECTOR 1.00 X 0 0 0 JEFF ISAKSEN DIRECTOR 1.00 X 0 0 0 MICHELLE LAWRIE SECRETARY AND EXECUTIVE DIRECTOR 40.00 X 92296 0 25252 92296 0 25252 1 0 0 0 0 27879 30125 283758 341762 REVOLVING LOAN FUND RE 900099 42055 42055 42055 38420 38420 212545 0 212545 212545 212545 7237 27879 42576 -35339 -35339 MISCELLANEOUS REVENUE 900099 64 64 64 599507 254600 0 3145 123339 123339 4800 4800 117548 88162 11755 17631 120412 93639 26290 483 13309 9975 3334 16134 12314 2657 1163 2206 2206 28995 28995 18900 18900 30136 30136 11317 10372 445 500 13898 13898 73134 73134 6527 6527 2600 2600 53688 53688 10802 10802 REPAIRS AND MAINTENANCE 18718 18718 PROGRAMS 15563 15563 DUES AND SUBSCRIPTIONS 13542 8802 4740 OTHER 5368 1446 3922 700936 568885 112274 19777 X 12565 38723 984650 1027445 226656 108800 41529 34027 5542 6889 5456 5039 722217 417 98 98 426932 312353 0 796629 2420189 2325381 32362 38375 11773 12381 44135 50756 X 1722122 1668027 653932 606598 2376054 2274625 2420189 2325381 -101429 0 X X 0 1 X 1 1 1 X 725239 488145 389066 275661 341762 2219873 725239 488145 389066 275661 341762 2219873 2219873 3133 3553 11816 14334 250965 283801 2748 2748 928 1883 9987 7390 20188 2526610 1037770 0.87860 0.97430 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 928. 2023 AMOUNT: $ 1,883. 2025 AMOUNT: $ 63. FUNDRAISING - 2024 AMOUNT: $ 9,987. 2025 AMOUNT: $ 7,327. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5456 5039 417 417 REVOLVING LOANS 312353 F 312353 ASSETS HELD FOR SALE 796629 796629 X 642083 42576 42576 599507 0 599507 743512 42576 42576 700936 0 700936 PART IV, LINE 2B: TENANT SECURITY DEPOSITS, COUNTY LOAN FUND PAYABLE, AND DEPOSITS HELD FOR OTHERS. PART X, LINE 2: DOOR COUNTY ECONOMIC DEVELOPMENT CORPORATION IS ORGANIZED AS A WISCONSIN NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 42,576. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 42,576. ANNUAL MEETING 21479 19379 2100 13457 9086 LEGISLATIVE DAY 13637 8500 5137 1023 19010 35116 27879 7237 14480 28096 42576 -35339 1 PENINSULA PAINTING 2613 S BAY SHORE DR SISTER BAY WI 54234 260365449 5705 0 PROGRAM SUPPORT DENN LLC 2050 COUNTY ROAD DK STURGEON BAY WI 54235 834009922 7505 0 PROGRAM SUPPORT CHAMPEAU FLOORING LLC PO BOX 295 SISTER BAY WI 54234 333300066 7870 0 PROGRAM SUPPORT RENARD'S CHEESE STORE LLC 2189 COUNTY ROAD DK STURGEON BAY WI 54235 391148983 8630 0 PROGRAM SUPPORT B3 HOSPITALITY LLC (CUPOLA HOUSE) 1694 CADY LN DEPERE WI 54115 871374987 9230 0 PROGRAM SUPPORT RUSTY TRACTOR BREAKFAST BARN 6228 STATE HIGHWAY 42 EGG HARBOR WI 54209 391797681 10000 0 PROGRAM SUPPORT SHORELINE MOTEL LLC 2811 E PENNWOOD CIR GREEN BAY WI 54301 883550341 10000 0 PROGRAM SUPPORT CHERRY LANES ARCADE BAR LLC 3173 NICOLET DRIVE GREEN BAY WI 54311 991189863 10000 0 PROGRAM SUPPORT SONNY'S PIZZERIA 4405 WALKER ROAD STURGEON BAY WI 54235 391963985 10000 0 PROGRAM SUPPORT HAPPY COFFEE PO BOX 781 SISTER BAY WI 54234 831372723 10000 0 PROGRAM SUPPORT THE BLACKSMITH INN ON THE SHORE PO BOX 220 BAILEYS HARBOR WI 54202 391854426 10000 0 PROGRAM SUPPORT CADENCE WI INC 1425 S NEENAH AVE STURGEON BAY WI 54235 200634472 15000 0 PROGRAM SUPPORT 0 12 PART I, LINE 2: DCEDC IS CONTRACTED WITH THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION (WEDC) FOR THE DOOR COUNTY SMALL BUSINESS FACADE AND PROPERTY IMPROVEMENT PROGRAM. THIS PROGRAM FACILITATES BUSINESS PROPERTY IMPROVEMENTS WITH GRANTS OF UP TO $10,000 PER BUSINESS TO FUND UP TO 80% OF AWARDED APPLICANT IMPROVEMENTS. FORM 990, PART III, LINE 3 DURING 2025, THE BOARD OF DIRECTORS AND MANAGEMENT MADE A DECISION TO SELL THE INCUBATOR (LEASING OPERATIONS) PORTION OF THE ORGANIZATION. THE DECISION TO SELL THE INCUBATOR PROGRAM WAS BASED ON A STRATEGIC REVIEW OF THE ORGANIZATION'S OPERATIONS, WHICH DETERMINED THAT THE INCUBATOR PROGRAM NO LONGER ALIGNED WITH THE ORGANIZATION'S LONG-TERM STRATEGIC OBJECTIVES. THE SALE OCCURRED DURING JANUARY 2026. FORM 990, PART VI, SECTION A, LINE 1A THIS COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD OF DIRECTORS. THE ORGANIZATION'S BYLAWS ALLOW THE EXECUTIVE COMMITTEE TO MAKE DECISIONS WHEN THEY ARE OF IMMEDIATE NEED, WITH REVIEW BY THE BOARD OF DIRECTORS AT A LATER TIME. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR AND BOARD CHAIRMAN. THE 990 IS THEN PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THIS IS REVIEWED AS ACTIONS ARE TAKEN BY THE BOARD OF DIRECTORS, AS WELL AS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED USING COMPARABILITY DATA WITH OTHER ECONOMIC DEVELOPMENT ORGANIZATIONS AS WELL AS LOCALLY FOR SIMILAR POSITIONS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.