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Nonprofit · EIN 39-1758489

ST CROIX ECONOMIC DEVELOPMENT CORP

Tax-exempt · RIVER FALLS, WI 54022

Financials

$258K$290K2023$257K$267K2024
Revenue Expenses · by fiscal year end
Financials of ST CROIX ECONOMIC DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$257,098$267,469-$10,371$287,496$21,020$266,476
December 31, 2023990$258,344$289,863-$31,519$298,335$21,488$276,847
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$256,335
of which government grants
$129,150
Membership dues
$103,140
Program service revenue
$6,750
Investment income
$2,772
Net income from fundraising events
-$11,802
Other revenue
-$8,759

Expenses

Grants and similar amounts paid
$1,000
Compensation of officers, directors and key employees
$92,832
Other salaries and wages
$55,415
Salaries, compensation and benefits (total)
$164,594
Professional fundraising fees
$0
Accounting fees
$9,230
Occupancy
$11,533
Travel
$4,059
Depreciation
$1,254
Program services (functional)
$173,575
Management and general (functional)
$87,234
Fundraising (functional)
$6,660

Balance sheet and other

Total assets, start of year
$298,335
Total assets, end of year
$287,496
Total liabilities, end of year
$21,020
Net assets, end of year
$266,476
Land, buildings and equipment
$2,249
Net assets without donor restrictions
$255,726
Net assets with donor restrictions
$10,750
Gross receipts
$272,204
Employees
3
Volunteers
40
Year formed
1985
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 / weekCompensation
TOM AABYDIRECTOR
Trustee or director
2$0
MIKE BARCALOWDIRECTOR
Trustee or director
2$0
MEGAN BOLDIGDIRECTOR
Trustee or director
2$0
CARRIE BORGSTROMDIRECTOR
Trustee or director
2$0
MATT DIETHERTDIRECTOR
Trustee or director
2$0
BOB FEIDLERDIRECTOR
Trustee or director
2$0
STEVE GOSSELDIRECTOR
Trustee or director
2$0
BRIAN HINZ2ND VICE PRE
Trustee or director, Officer
2$0
NEIL KLEINDIRECTOR
Trustee or director
2$0
SUSAN YOHNK LOCKWOODPRESIDENT
Trustee or director, Officer
2$0
TOM LOONANVICE PRESIDE
Trustee or director, Officer
2$0
SHERRI MARNELLDIRECTOR
Trustee or director
2$0
STEVE MASSEYDIRECTOR
Trustee or director
25$0
SCOTT MORRISSETTEDIRECTOR
Trustee or director
2$0
MARINA ONKENSECRETARY/TR
Trustee or director, Officer
2$0
4 more people on this return
NameTitleHours / weekCompensation
KRISTA PAULUSPAST PRESIDE
Trustee or director
2$0
KIM ROCKDIRECTOR
Trustee or director
2$0
RYAN SHERLEYDIRECTOR
Trustee or director
2$0
AARON SUNDEENDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
TOM AABYDIRECTOR
Trustee or director
2$0
PAUL BERNINGDIRECTOR
Trustee or director
2$0
CARRIE BORGSTROMDIRECTOR
Trustee or director
2$0
TOM BOROWSKIDIRECTOR
Trustee or director
2$0
MARK CARLSONDIRECTOR
Trustee or director
2$0
STEVE GOSSELDIRECTOR
Trustee or director
2$0
BRIAN HINZDIRECTOR
Trustee or director
2$0
CARAH KOCHDIRECTOR
Trustee or director
2$0
ROB KREIBICHDIRECTOR
Trustee or director
2$0
SUSAN YOHNK LOCKWOOD1ST VP
Trustee or director, Officer
2$0
TOM LOONAN2ND VP
Trustee or director, Officer
2$0
SCOTT MORRISSETTEDIRECTOR
Trustee or director
2$0
APRIL NELSONDIRECTOR
Trustee or director
2$0
MARINA ONKENSECRETARY/TR
Trustee or director, Officer
2$0
KRISTA PAULUSPRESIDENT
Trustee or director, Officer
2$0
KIM ROCKDIRECTOR
Trustee or director
2$0
ANN SEALESDIRECTOR
Trustee or director
2$0
AARON SUNDEENPAST PRESIDE
Trustee or director, Officer
2$0
BRIAN ZELENAKDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1091 SUTHERLAND AVE 11, RIVER FALLS, WI 54022-7509
Principal officer (990 for 2024)
SUSAN YOHNK LOCKWOOD, 1019 SOUTH KNOWLES AVENUE, NEW RICHMOND, WI 54017
Signed the 990
SUSAN YOHNK LOCKWOOD, PRESIDENT
Phone
(715) 381-4383
Return prepared by
GUINN VINOPAL & ZAHRADKA LLP

Mission

TO PROMOTE ECONOMIC DEVELOPMENT, WHICH SHALL INCLUDE INDUSTRIAL AND COMMERCIAL DEVELOPMENT, JOB CREATION AND RETENTION AND JOB TRAINING. TO PROVIDE DIRECTION AND COORDINATION TO DEVELOPMENT. TO ASSIST TOWNS, VILLAGES, CITIES AND OTHER ORGANIZATIONS WITH FINANCING AND PERMIT APPLICATIONS FOR ECONOMIC DEVELOPMENT. TO RESEARCH AVAILABLE RESOURCES AND CREATE AND MAINTAIN A CENTRAL SOURCE OF INFORMATION AND ASSISTANCE TO SUPPORT ECONOMIC DEVELOPMENT. TO MAINTAIN CONTACT AND COOPERATE WITH PUBLIC AGENCIES AND PRIVATE ORGANIZATIONS WHICH PROMOTE ECONOMIC DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTION
    Expenses $35,954 · grants $1,000
  • PROSPECT DEVELOPMENT
    Expenses $27,521
  • RETENTION
    Expenses $110,100

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
39-1758489
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$287,496
Income (IRS master file)
$272,204

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$257,098$267,469$287,496XML
990December 2023$258,344$289,863$298,335XML
990December 2022$224,013$214,078$328,622IRS
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 39-1758489).

Questions about ST CROIX ECONOMIC DEVELOPMENT CORP

What is the EIN of ST CROIX ECONOMIC DEVELOPMENT CORP?
The employer identification number (EIN) of ST CROIX ECONOMIC DEVELOPMENT CORP is 39-1758489.
Is ST CROIX ECONOMIC DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
Are donations to ST CROIX ECONOMIC DEVELOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ST CROIX ECONOMIC DEVELOPMENT CORP 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 ST CROIX ECONOMIC DEVELOPMENT CORP 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 ST CROIX ECONOMIC DEVELOPMENT CORP 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 ST CROIX ECONOMIC DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names SUSAN YOHNK LOCKWOOD.
Who are the officers and directors of ST CROIX ECONOMIC DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 19 people; 0 received compensation from the organization.
How much revenue does ST CROIX ECONOMIC DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $257,098, expenses of $267,469 and total assets of $287,496 at year end.

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