Hartford Area Development Corp

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

EIN: 391304250 ✦ Hartford, WI ✦ Designated as a 501(c)(4)

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Overview

What is Hartford Area Development Corp?

Hartford Area Development Corp, located at 1246A E SUMNER ST, Hartford, Wisconsin 53027, is a nonprofit organization with a single employee. Its primary mission is to stimulate industrial, commercial, and residential growth within the city of Hartford. This is achieved by encouraging the retention and expansion of existing industries and businesses, as well as attracting new ones to the area. The organization's activities are geared towards the overall development of Hartford, aiming to boost its economic vitality and enhance its overall quality of life.


Official website here: www.hadc.org

Is Hartford Area Development Corp legitimate?

Hartford Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hartford Area Development Corp 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hadc.org

What is the mission statement of Hartford Area Development Corp?

The Hartford Area Development Corp, as an organization, is committed to encouraging the retention and expansion of existing industries and commerce within its sphere. Additionally, it strives to attract additional industrial, commercial, and residential development. The primary goal is to promote growth and development within its operational area. The Hartford Area Development Corp was established with the vision to actively support industrial, commercial, and residential development initiatives. Its mission is multifaceted, encompassing the retention and expansion of existing businesses, as well as the attraction of new industries, aiming to foster a thriving and dynamic environment.


Official website here: www.hadc.org

Who is the CEO of Hartford Area Development Corp?

Thomas Hostad is the Executive Director of Hartford Area Development Corp.


Official website here: www.hadc.org

What is the revenue of Hartford Area Development Corp?

Hartford Area Development Corp's revenue in 2022 was $144,143.


Official website here: www.hadc.org

Who are the executives of Hartford Area Development Corp and what are their salaries?

The average compensation at Hartford Area Development Corp during 2022 was $36,000. There is 1 employee at Hartford Area Development Corp.


Here are 8 key members and their salaries:


Thomas Hostad (Executive Director)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Tom Dottl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Lauefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lehrer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ludwig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Marshall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hansen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Schwechel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hadc.org

Where can I find the form 990 for Hartford Area Development Corp?

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


Official website here: www.hadc.org

Learn more at the official website: www.hadc.org

Mission Statement of Hartford Area Development Corp

Hartford Area Development Corp, abbreviated as HADC, is committed to encouraging the retention and expansion of existing industries and commerce within the city. Its mission is multifaceted, aiming not only to retain and expand existing businesses but also to attract new industrial, commercial, and residential development. By doing so, HADC plays a significant role in promoting overall development within the city, contributing to its economic growth and prosperity.

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Impact




October, 2024

Hartford Area Development Corp plays a vital role in fostering economic growth in Hartford, Wisconsin. By focusing on the retention and expansion of existing industries and commerce, HADC supports local businesses, ensuring they have the resources and environment needed to thrive. Additionally, the organization actively seeks to attract new industrial, commercial, and residential developments, which not only diversifies the local economy but also enhances the community's overall vitality. Through its initiatives, HADC contributes significantly to community improvement, making Hartford a more attractive place for residents and businesses alike.




This information is meant to be a general summary of Hartford Area Development Corp. 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
$144,143 (2022)
Expenses
$98,345 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91,381
  • Gross Receipts: $152,936

Assets and Liabilities:

  • Total Assets: $1,718,492
  • Total Liabilities: $2,461
  • Net Assets: $1,716,031

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Organization Details

Founding Year

1977

Principal Officer

Thomas Hostad

Main Address

1246A E SUMNER ST, HARTFORD, WI, 53027

NTEE Category

Code: S31 - Community improvement

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