Program areas at Kenosha Area Business Alliance
Kenosha Area Business Alliance manages several revolving loan funds aimed at attracting new businesses to and retaining businesses in Kenosha county, creating and retaining jobs, and other economic development activities.wisconsin economic development corporation disaster recovery microloan fund is to provide loans to businesses affected by disasters, either natural or man-made and assist with necessary restoration and operating expenses. City covid-19 relief fund a portion of the fund represents a $500,000 contract with the city of Kenosha to administer revolving loan funds consisting of funding provided by the city of Kenosha. The purpose of the fund is to provide loans to businesses to foster economic development in the Kenosha lakeshore Business improvement district. If the company is in Business one year from the loan origination, the loan will be 100% forgiven. The other portion of this fund represents a $100,000 contract with the city of Kenosha to administer revolving loan funds consisting of funding provided by the city of Kenosha. The purpose of the fund is to provide zero interest loans to businesses to foster economic development in the Kenosha lakeshore Business improvement district.
To further economic development in a less populated Area and to foster growth, kaba purchased a 82 acre parcel of land in the town of salem, Kenosha county. Kaba and the town of salem are partnering on the development of a Business park. The Business park development will provide businesses incentives for high impact developments for job creation and economic growth. During 2017, kaba contructed a manufacturing building and has entered into an incentivized 10 year lease with a company.
Kenosha Area Business Alliance (kaba) provides training opportunities through an extensive catalog of classes and hosts a number of workshops on timely topics and is able to provide customized, onsite training and teambuilding. Kaba also hosts noteworthy member events annually on behalf of the Business community, including key issues breakfasts on current topics such as health care and education, new member orientations, an economic forecast breakfast, a Business awards dinner, an annual meeting, a holiday social, and more. These programs are informative and relevant and provide great networking opportunities with other Kenosha Area organizations.
Personnel at Kenosha Area Business Alliance
| Name | Title | Compensation | Date of data |
|---|
| Brock Portilia | Director of Finance | $120,437 | 2023-11-15 |
| Becky Noble | Director of Marketing | | 2022-08-22 |
| Brooke Infusino | Director of Talent Development | | 2022-08-22 |
| Lisa Feltson | Office Manager | | 2022-08-22 |
| John Swallow | Current Past Chair / Vice Chair | $0 | 2022-12-31 |
| ...and 12 more key personnel |
Financials for Kenosha Area Business Alliance
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $183,250 | $187,200 | -2.1% |
| Program services | $5,461,485 | $4,221,746 | 29.4% |
| Investment income and dividends | $58,484 | $1,748 | 3245.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $50,500 | $81,000 | -37.7% |
| Total revenues | $5,753,719 | $4,491,694 | 28.1% |
Organizations like Kenosha Area Business Alliance
| Organization | Type | Location | Revenue |
|---|
| Alloy Development | 501(c)(4) | Cincinnati, OH | $6,538,933 |
| 1berkshire Strategic Alliance | 501(c)(6) | Pittsfield, MA | $2,210,893 |
| Greater Spokane Incorporated (GSI) | 501(c)(6) | Spokane, WA | $5,819,739 |
| York County Economic Alliance | 501(c)(6) | York, PA | $3,255,423 |
| Centerstate Corporation for Economic Opportunity | 501(c)(6) | Syracuse, NY | $13,051,588 |
| Siskiyou Co Economic Development Council | 501(c)(4) | Yreka, CA | $2,426,196 |
| Detroit Economic Growth Corporation | 501(c)(4) | Detroit, MI | $9,492,028 |
| Economic Development Corporation of Kansas City Missouri | 501(c)(4) | Kansas City, MO | $6,752,938 |
| Thurston County Economic Development Council | 501(c)(4) | Lacey, WA | $8,399,812 |
| Sheboygan County Economic Development Corporation | 501(c)(4) | Sheboygan, WI | $8,614,396 |
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 6, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 6, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
MembershipsState / local levelReceives government funding
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