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Nonprofit · EIN 39-1488940

EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · EAU CLAIRE, WI 54701

Financials

$255K$240K2023$337K$254K2024
Revenue Expenses · by fiscal year end
Financials of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$336,832$253,763$83,069$1,101,288$0$1,101,288
December 31, 2023990$254,597$239,796$14,801$388,686$5,446$383,240
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$231,461
of which government grants
$95,400
Program service revenue
$75,231
Investment income
$13,390
Other revenue
$16,750

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,751
Other salaries and wages
$29,269
Salaries, compensation and benefits (total)
$132,927
Professional fundraising fees
$0
Accounting fees
$12,427
Occupancy
$7,881
Travel
$6,175

Balance sheet and other

Total assets, start of year
$388,686
Total assets, end of year
$1,101,288
Total liabilities, end of year
$0
Net assets, end of year
$1,101,288
Net assets without donor restrictions
$1,101,288
Gross receipts
$336,832
Employees
3
Volunteers
42
Year formed
1984
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LUKE HANSENEXECUTIVE DIRECTOR
Officer
40$87,200$5,551
MIRIAM GEHLERPRESIDENT
Trustee or director, Officer
1$0$0
BEN TRACHSELPAST PRESIDENT
Trustee or director, Officer
1$0$0
PAUL MIRRINCOMING PRESIDENT
Trustee or director, Officer
1$0$0
SCOTT HODEKTREASURER
Trustee or director, Officer
1$0$0
MIKE GOLATSECRETARY
Trustee or director, Officer
1$0$0
ANDREW DANIELSTRUSTEE
Trustee or director
0.3$0$0
BILL WALLOTRUSTEE
Trustee or director
0.3$0$0
BRAD KRINGSTRUSTEE
Trustee or director
0.3$0$0
DAVE KIMBALLTRUSTEE
Trustee or director
0.3$0$0
DISA WAHLSTRANDTRUSTEE
Trustee or director
0.3$0$0
DR JAMES SCHMIDTTRUSTEE
Trustee or director
0.3$0$0
DR SUNEM BEATON-GARCIATRUSTEE
Trustee or director
0.3$0$0
EMILY BERGETRUSTEE
Trustee or director
0.3$0$0
JULIE THONEYTRUSTEE
Trustee or director
0.3$0$0
6 more people on this return
NameTitleHours / weekCompensation
KATHRYN SCHAUFTRUSTEE
Trustee or director
0.3$0
MIKE SHEATRUSTEE
Trustee or director
0.3$0
NANCY COFFEYTRUSTEE
Trustee or director
0.3$0
PAUL SWARTOSTRUSTEE
Trustee or director
0.3$0
SHAM ANDERSONTRUSTEE
Trustee or director
0.3$0
STEPHANIE HERSCHTRUSTEE
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
LUKE HANSENEXECUTIVE DIRECTOR
Officer
40$83,648$5,315
BEN TRACHSELPRESIDENT
Trustee or director, Officer
1$0$0
ANDREW DANIELSPAST PRESIDENT
Trustee or director, Officer
1$0$0
MIRIAM GEHLERINCOMING PRESIDENT
Trustee or director, Officer
1$0$0
SCOTT HODEKTREASURER
Trustee or director, Officer
1$0$0
MIKE GOLATSECRETARY
Trustee or director, Officer
1$0$0
BILL WALLOTRUSTEE
Trustee or director
0.3$0$0
BRAD KRINGSTRUSTEE
Trustee or director
0.3$0$0
DAVE KIMBALLTRUSTEE
Trustee or director
0.3$0$0
DISA WAHLSTRANDTRUSTEE
Trustee or director
0.3$0$0
DR JAMES SCHMIDTTRUSTEE
Trustee or director
0.3$0$0
DR SUNEM BEATON-GARCIATRUSTEE
Trustee or director
0.3$0$0
EMILY BERGETRUSTEE
Trustee or director
0.3$0$0
JULIE THONEYTRUSTEE
Trustee or director
0.3$0$0
KATHRYN SCHAUFTRUSTEE
Trustee or director
0.3$0$0
MIRIAM GEHLERTRUSTEE
Trustee or director
0.3$0$0
NICK SMIARTRUSTEE
Trustee or director
0.3$0$0
PAUL MIRRTRUSTEE
Trustee or director
0.3$0$0
PAUL SWARTOSTRUSTEE
Trustee or director
0.3$0$0
SHAM ANDERSONTRUSTEE
Trustee or director
0.3$0$0
STEPHANIE HERSCHTRUSTEE
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
128 GRAHAM AVE, EAU CLAIRE, WI 54701-3630
Principal officer (990 for 2024)
LUKE HANSON, 128 GRAHAM AVE, EAU CLAIRE, WI 54701
Signed the 990
PAUL MIRR, BOARD CHAIR
Phone
(715) 471-6142
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

ADVANCE ECONOMIC PROSPERITY THROUGH BUSINESS AND JOB GROWTH. THE EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION'S PURPOSE IS TO CREATE AND IMPLEMENT STRATEGIES TO ATTRACT AND GROW BUSINESSES, INVESTMENT, AND TALENT TO OUR SERVICE AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • BUSINESS EXPANSIONASSIST IN THE CREATION, ENHANCEMENT AND EXPANSION OF LOCAL BUSINESSES.
  • PLACEMAKING ASSIST IN THE DEVELOPMENT OF CREATING PLACES THROUGHOUT THE COUNTY. DEVELOPING PARKS, PUBLIC SPACES, EVENT SPACES, DESTINATION DEVELOPMENT AND ETC.
  • BUSINESS RECRUITMENT DEVELOP AND IMPLEMENT MARKETING STRATEGIES TO ATTRACT NEW BUSINESS & INDUSTRY.
  • ENTREPRENEURSHIPMAINTAINING ENTREPRENEURSHIP PROGRAMS AND EVENTS THAT GROW SMALL LOCAL BUSINESSES AND ENTREPRENEURS NATURALLY AND RETAIN THEM IN THE COUNTY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-1488940
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,101,288
Income (IRS master file)
$336,832

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$336,832$253,763$1,101,288XML
990December 2023$254,597$239,796$388,686XML
990December 2022$207,475$238,530$379,426IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1488940).

Questions about EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION is 39-1488940.
Is EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1984.
Are donations to EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names LUKE HANSON.
Who are the officers and directors of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $87,200 (LUKE HANSEN, EXECUTIVE DIRECTOR).
How much revenue does EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $336,832, expenses of $253,763 and total assets of $1,101,288 at year end.

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