Skip to main content

Nonprofit · EIN 93-0846583

RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · STURTEVANT, WI 53177

Financials

$2.6M$2M2023$2M$2.1M2024$3M$2.6M2025
Revenue Expenses · by fiscal year end
Financials of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,001,868$2,638,823$363,045$13,125,614$1,188,045$11,937,569
December 31, 2024990$2,025,635$2,126,240-$100,605$13,581,008$2,006,484$11,574,524
December 31, 2023990$2,577,707$2,020,221$557,486$13,068,523$1,393,394$11,675,129
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,718,386
of which government grants
$1,507,562
Membership dues
$148,795
Program service revenue
$1,179,911
Investment income
$103,571
Other revenue
$0

Expenses

Grants and similar amounts paid
$68,046
Compensation of officers, directors and key employees
$231,922
Other salaries and wages
$987,845
Salaries, compensation and benefits (total)
$1,459,879
Professional fundraising fees
$0
Legal fees
$765
Accounting fees
$122,188
Occupancy
$26,435
Travel
$31,311
Depreciation
$6,457
Program services (functional)
$2,183,938
Management and general (functional)
$419,215
Fundraising (functional)
$35,670

Balance sheet and other

Total assets, start of year
$13,581,008
Total assets, end of year
$13,125,614
Total liabilities, end of year
$1,188,045
Net assets, end of year
$11,937,569
Land, buildings and equipment
$7,085
Net assets without donor restrictions
$11,875,332
Net assets with donor restrictions
$62,237
Gross receipts
$3,001,868
Employees
15
Volunteers
59
Year formed
1983
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JENNY TRICKEXECUTIVE DIRECTOR
Officer
40$202,416$29,506
WESLEY WALSHEMPLOYEE
Highest-paid employee
40$129,291$13,516
LAURA MILLIONEMPLOYEE
Highest-paid employee
40$125,684$6,284
DAVID GRIFFITHCHAIRMAN
Trustee or director, Officer
1$0$0
WESLEY RICCHIOPRESIDENT
Trustee or director, Officer
1$0$0
LANDON WIRTH1ST VP
Trustee or director, Officer
1$0$0
THOMAS MOORE2ND VP
Trustee or director, Officer
1$0$0
BRIAN AGEN3RD VP
Trustee or director, Officer
1$0$0
MARCHELLE GONZALES4TH VP
Trustee or director, Officer
1$0$0
JEFF GRUHNSECRETARY
Trustee or director, Officer
1$0$0
SHERONDA GLASSTREASURER
Trustee or director, Officer
1$0$0
RALPH MALICKIDIRECTOR
Trustee or director
1$0$0
CORY MASONDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
JENNY TRICKEXECUTIVE DIRECTOR
Officer
40$194,371$24,897
GREGORY BARRONCHAIRMAN
Trustee or director, Officer
1$0$0
DAVID GRIFFITHPRESIDENT
Trustee or director, Officer
1$0$0
LANDON WIRTH1ST VP
Trustee or director, Officer
1$0$0
WESLEY RICCHIO2ND VP
Trustee or director, Officer
1$0$0
KARLA KREHBIEL3RD VP
Trustee or director, Officer
1$0$0
BRIAN AGEN4TH VP
Trustee or director, Officer
1$0$0
MARCHELLE GONZALES5TH VP
Trustee or director, Officer
1$0$0
BRETT NIELSENSECRETARY
Trustee or director, Officer
1$0$0
SHERONDA GLASSTREASURER
Trustee or director, Officer
1$0$0
JONATHAN DELAGRAVEDIRECTOR
Trustee or director
1$0$0
CORY MASONDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
JENNY TRICKEXECUTIVE DIRECTOR
Officer
40$184,645$29,373
GREGORY BARRONCHAIRMAN
Trustee or director, Officer
1$0$0
DAVID GRIFFITHPRESIDENT
Trustee or director, Officer
1$0$0
LANDON WIRTH1ST VP
Trustee or director, Officer
1$0$0
WESLEY RICCHIO2ND VP
Trustee or director, Officer
1$0$0
KARLA KREHBIEL3RD VP
Trustee or director, Officer
1$0$0
BRIAN AGEN4TH VP
Trustee or director, Officer
1$0$0
BRETT NIELSENSECRETARY
Trustee or director, Officer
1$0$0
SHERONDA GLASSTREASURER
Trustee or director, Officer
1$0$0
JONATHAN DELAGRAVEDIRECTOR
Trustee or director
1$0$0
CORY MASONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2320 RENAISSANCE BLVD, STURTEVANT, WI 53177-1763
Principal officer (990 for 2025)
LANDON WIRTH, 2320 RENAISSANCE BLVD, STURTEVANT, WI 53177
Signed the 990
LANDON WIRTH, PRESIDENT
Phone
(262) 898-7424
Return prepared by
RITZ HOLMAN LLP

Mission

TO PROVIDE ECONOMIC DEVELOPMENT SERVICES INCLUDING BUSINESS RECRUITMENT, EXPANSION, BUSINESS FINANCING, COMMUNITY AND WORKFORCE DEVELOPMENT.

990 for the year ended December 31, 2025

Program accomplishments

  • BUSINESS FINANCE: RCEDC MANAGES GOVERNMENT AND QUASI-GOVERNMENT BUSINESS FINANCING PROGRAMS THAT PROVIDE LOW-INTEREST LOANS TO RACINE COUNTY BUSINESSES. RCEDC IS A SMALL BUSINESS ADMINISTRATION (SBA) CERTIFIED DEVELOPMENT COMPANY, AND AS A RESULT, PROVIDES SBA 504 FIXED ASSET LOANS THROUGHOUT THE STATE OF WISCONSIN. RCEDC UTILIZES ITS RESOURCES TO MANAGE CERTAIN COMMUNITY-BASED REVOLVING LOAN FUNDS IN SOUTHEAST WISCONSIN.
    Expenses $1,703,852 · grants $67,460 · revenue $1,136,767
  • BUSINESS DEVELOPMENT: RCEDC CONDUCTS BUSINESS DEVELOPMENT PROGRAMS AS PART OF ITS ECONOMIC DEVELOPMENT PLAN DIVISION. THESE PROGRAMS INCLUDE BUSINESS RETENTION AND EXPANSION AND TALENT ATTRACTION TO IDENTIFY AND IMPLEMENT STRATEGIES TO ADDRESS THE NEEDS OF EXISTING BUSINESSES THROUGHOUT RACINE COUNTY. RCEDC CONDUCTS BUSINESS RECRUITMENT FOR COMPANIES THAT ARE SEEKING A LOCATION FOR BUSINESS IN RACINE COUNTY.COMMUNITY DEVELOPMENT: RCEDC PROVIDES COMMUNITY DEVELOPMENT ASSISTANCE, SUCH AS BROWNFIELD AND GENERAL PROPERTY REDEVELOPMENT, DOWNTOWN AND COMMERCIAL CORRIDOR ASSISTANCE, CREATION AND EXPANSION OF BUSINESS PARKS, AND PROVISION OF SANITARY SEWER AND PUBLIC WATER TO AREAS THAT WILL ENABLE FUTURE BUSINESS DEVELOPMENT.
    Expenses $480,086 · grants $586 · revenue $43,144

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
93-0846583
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P40)
Assets (IRS master file)
$13,125,614
Income (IRS master file)
$3,001,868

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,001,868$2,638,823$13,125,614IRS
990December 2024$2,025,635$2,126,240$13,581,008IRS
990December 2023$2,577,707$2,020,221$13,068,523XML
990December 2022$3,305,317$1,941,358$13,208,071IRS
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 93-0846583).

Questions about RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION is 93-0846583.
Is RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RACINE COUNTY 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 RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names LANDON WIRTH.
Who are the officers and directors of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 13 people; 3 received compensation from the organization, the highest $202,416 (JENNY TRICK, EXECUTIVE DIRECTOR).
How much revenue does RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,001,868, expenses of $2,638,823 and total assets of $13,125,614 at year end.

Other nonprofits in STURTEVANT

All nonprofits in STURTEVANT · Wisconsin · Human services