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
Name | Title | Compensation | Date of data |
---|
Jenny Trick | Executive Director | $184,645 | 2024-04-10 |
Carolyn Engel | Business Finance Manager | $135,015 | 2022-12-31 |
David Griffith | President | $0 | 2024-05-08 |
Gregory Barron | Chairman | $0 | 2023-12-31 |
Wesley Ricchio | Second Vice President | $0 | 2023-12-31 |
...and 11 more key personnel |
Financials for Racine County Economic Development Corporation
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $1,523,154 | $2,390,464 | -36.3% |
Program services | $964,086 | $877,193 | 9.9% |
Investment income and dividends | $82,539 | $15,561 | 430.4% |
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 | $7,928 | $22,099 | -64.1% |
Total revenues | $2,577,707 | $3,305,317 | -22% |
Organizations like Racine County Economic Development Corporation
Organization | Type | Location | Revenue |
---|
El Corredor Tecnoeconomico Economico de | 501(c)(3) | Mayaguez, PR | $758,486 |
San Pablo Economic Development Corporation | 501(c)(3) | San Pablo, CA | $1,969,736 |
Connecticut Center for Advanced Technology (CCAT) | 501(c)(3) | East Hartford, CT | $10,021,083 |
Flint Hills Regional Council | 501(c)(3) | Fort Riley, KS | $832,951 |
Northern Great Lakes Initiatives | 501(c)(3) | Marquette, MI | $8,055,442 |
Transylvania Economic Alliance | 501(c)(3) | Brevard, NC | $694,821 |
West Side Forward | 501(c)(3) | Chicago, IL | $877,966 |
Cumberland Area Economic Development Corporation | 501(c)(3) | Mechanicsburg, PA | $3,143,193 |
Detroit Regional Partnership Foundation | 501(c)(3) | Detroit, MI | $8,149,982 |
Tyler Economic Development Council | 501(c)(3) | Tyler, TX | $801,799 |
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/Â
- 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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