EIN 93-0846583

Racine County Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
1983
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Racine County EDC offers business services, financing, and community development to support local economic growth.
Total revenues
$2,577,707
2023
Total expenses
$2,020,221
2023
Total assets
$13,068,523
2023
Num. employees
17
2023

Program areas at Racine County Economic Development Corporation

Business finance: manages a number of government and quasi-govenrment business financing programs that provide low-interest loans to Racine County businesses. Rcedc is also a small business administration (sba)certified Development company, and as a result, provides sba 504 fixed asset loans throughout the state of Wisconsin. Also, utilizes their resources to manage certain community-based revolving loan funds in southeast Wisconsin.
Business Development: conducts various 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. It also conducts business recruitment for companies that are seeking a location for business in Racine county.community Development: provides a variety of community Development assistance, such as brownfield and general property redevelopment, downtown and commercial corridor assistance, the creation and expansion of business parks, and the provision of sanitary sewer and public water to areas that will enable future business Development.

Personnel at Racine County Economic Development Corporation

NameTitleCompensation
Jenny TrickExecutive Director$184,645
Carolyn EngelBusiness Finance Manager$135,015
David GriffithPresident$0
Gregory BarronChairman$0
Wesley RicchioSecond Vice President$0
...and 11 more key personnel

Financials for Racine County Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,523,154
Program services$964,086
Investment income and dividends$82,539
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,928
Total revenues$2,577,707

Form 990s for Racine County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-08990View PDF
2022-122023-05-11990View PDF
2021-122022-07-28990View PDF
2020-122021-05-26990View PDF
2019-122021-01-21990View PDF
...and 10 more Form 990s
Data update history
August 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 13, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
2320 Renaissance Blvd
Sturtevant, WI 53177
Metro area
Racine, WI
County
Racine County, WI
Website URL
rcedc.org/ 
Phone
(262) 898-7424
IRS details
EIN
93-0846583
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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