La Crosse Area Development Corp Ladco

Ladco

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391168327 ✦ La crosse, WI ✦ Designated as a 501(c)(6)

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Overview

What is La Crosse Area Development Corp Ladco?

La Crosse Area Development Corporation, commonly known as LADCO, serves as the primary point of contact for businesses and industries in the La Crosse area. Their mission is centered around a "triad of development," which encompasses attracting new businesses, retaining existing ones, and managing the Coulee Region Business Center and a small business incubator. LADCO plays a significant role in fostering economic growth and development within the region. With a team of four dedicated individuals, they strive to create a thriving business environment in La Crosse.


Official website here: www.ladcolax.com

Is La Crosse Area Development Corp Ladco legitimate?

La Crosse Area Development Corp Ladco is a legitimate nonprofit organization registered as a 501(c)(6) entity. La Crosse Area Development Corp Ladco submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,931

For more financial information, click here


Official website here: www.ladcolax.com

What is the mission statement of La Crosse Area Development Corp Ladco?

La Crosse Area Development Corp (LADCO) serves as a primary point of contact for businesses and industries in its operational area. Its mission is centered around a "triad of development," which encompasses attracting new businesses, retaining existing ones, and co-managing the Coulee Region Business Center and the small business incubator. This approach aims to foster a thriving business environment and support the growth of various industries within the corporation's purview.


Official website here: www.ladcolax.com

Who is the CEO of La Crosse Area Development Corp Ladco?

Robert W Burg is the President of La Crosse Area Development Corp Ladco.


Official website here: www.ladcolax.com

What is the revenue of La Crosse Area Development Corp Ladco?

La Crosse Area Development Corp Ladco's revenue in 2022 was $305,862.


Official website here: www.ladcolax.com

Who are the executives of La Crosse Area Development Corp Ladco and what are their salaries?

The average compensation at La Crosse Area Development Corp Ladco during 2022 was $16,983. There are 4 employees and 21 volunteers at La Crosse Area Development Corp Ladco.


Here are 22 key members and their salaries:


Patti Balacek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mic Michels (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wrobel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Olson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Burg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Schumacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Seichter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Fanciulli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Nikolay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Poellinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Hauser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Finneman-Killinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Jia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Candahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Barlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Herro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kolek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Zoellner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kabat (Executive Director)
  • Compensation: $87,673
  • Related: $0
  • Other: $18,725


Official website here: www.ladcolax.com

Where can I find the form 990 for La Crosse Area Development Corp Ladco?

La Crosse Area Development Corp Ladco's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ladcolax.com

Learn more at the official website: www.ladcolax.com

Mission Statement of La Crosse Area Development Corp Ladco

La Crosse Area Development Corporation (Ladco) serves as the primary point of contact for businesses and industries in its area. Its mission is centered around a three-pronged approach, often referred to as the "triad of development." This approach encompasses the attraction of new businesses, the retention of existing businesses and industries, and the co-management of the Coulee Region Business Center and Small Business Incubator. In essence, Ladco's mission is to promote economic growth and development within its jurisdiction, attracting new businesses, supporting the success of existing ones, and providing resources for small businesses to thrive.

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Impact




October, 2024

La Crosse Area Development Corporation (LADCO) plays a pivotal role in fostering economic growth and stability in the La Crosse area. By serving as the primary point of contact for businesses and industries, LADCO effectively facilitates the attraction of new enterprises and supports the retention of existing ones. This dual approach not only encourages investment in the region but also helps maintain a robust economic landscape.

LADCO's mission revolves around a "triad of development," which emphasizes three key areas: attracting new businesses, retaining current industries, and co-managing the Coulee Region Business Center—a small business incubator. This strategic focus enables LADCO to nurture startups and small businesses, providing them with the necessary resources and support to thrive.

Through its efforts, LADCO significantly impacts community improvement, contributing to job creation, economic diversification, and enhanced quality of life in the La Crosse region. The organization's initiatives not only strengthen the local economy but also foster a vibrant entrepreneurial ecosystem that benefits residents and businesses alike. Overall, LADCO’s work is instrumental in shaping a prosperous future for the La Crosse area.




This information is meant to be a general summary of La Crosse Area Development Corp Ladco. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$305,862 (2022)
Expenses
$266,997 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $541
  • Program Service Revenue: $120,961
  • Gross Receipts: $305,862

Assets and Liabilities:

  • Total Assets: $415,155
  • Total Liabilities: $362
  • Net Assets: $414,793

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEE INCOME

Revenue

$99,121

FORUM/INDUSTRY APPRECI

Revenue

$13,370

ANNUAL MEETING INCOME

Revenue

$8,470

Organization Details

Founding Year

1971

Principal Officer

Robert W Burg

Main Address

601 7TH STREET NORTH, LA CROSSE, WI, 54601

NTEE Category

Code: S40 - Community improvement

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