River Falls Economic Development Corporation

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

EIN: 391685445 ✦ River falls, WI ✦ Designated as a 501(c)(6)

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Overview

What is River Falls Economic Development Corporation?

River Falls Economic Development Corporation (RFEDC) is a nonprofit organization situated in River Falls, Wisconsin. The primary mission of RFEDC is to foster business growth within the city by providing support to new ventures and facilitating rental or construction opportunities for existing businesses. This is achieved through collaborative efforts with local entities, including the City of River Falls, Pierce County Economic Development Corporation, St. Croix Economic Development Corporation, and the Wisconsin Economic Development Corporation. The goal is to boost employment opportunities through industrial development.


Official website here: www.rfcity.org

Is River Falls Economic Development Corporation legitimate?

River Falls Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. River Falls Economic Development Corporation 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: $0

For more financial information, click here


Official website here: www.rfcity.org

What is the mission statement of River Falls Economic Development Corporation?

The River Falls Economic Development Corporation (RFEDC) serves as a collaborative non-profit organization, working alongside the City of River Falls, Pierce County Economic Development Corporation, St. Croix Economic Development Corporation, and the Wisconsin Economic Development Corporation. Their primary mission is to stimulate employment opportunities through industrial development, thereby contributing to economic growth. By working together, they aim to foster a conducive environment for businesses to thrive and create job prospects for the community. RFEDC actively participates in collaborative projects with these organizations to promote economic development and expansion.


Official website here: www.rfcity.org

Who is the CEO of River Falls Economic Development Corporation?

Joe Fischer is the Director of River Falls Economic Development Corporation.


Official website here: www.rfcity.org

What is the revenue of River Falls Economic Development Corporation?

River Falls Economic Development Corporation's revenue in 2022 was $234,806.


Official website here: www.rfcity.org

Who are the executives of River Falls Economic Development Corporation and what are their salaries?

There 12 volunteers at River Falls Economic Development Corporation.


Here are 12 key members and their salaries:


Jon Bents (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Blasius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosanne Bump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Frisbie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Jorgenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Neuhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Wilkens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Fischer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Leitch (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scot Simpson (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri Schreiner (Treasurer/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rfcity.org

Where can I find the form 990 for River Falls Economic Development Corporation?

River Falls Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rfcity.org

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

Mission Statement of River Falls Economic Development Corporation

River Falls Economic Development Corporation, a voluntary non-profit organization, collaborates with several entities to contribute to economic development. Its mission is to boost employment opportunities by promoting industrial development. This collaboration includes working with the City of River Falls, Pierce County Economic Development Corporation, St. Croix Economic Development Corporation, and the Wisconsin Economic Development Corporation. By fostering industrial development, River Falls Economic Development Corporation aims to create a conducive environment for businesses, potentially leading to an increase in job opportunities.

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Impact




October, 2024

The River Falls Economic Development Corporation (RFEDC) plays a pivotal role in enhancing the economic landscape of River Falls, Wisconsin. By collaborating with local entities such as the City of River Falls, Pierce County Economic Development Corporation, St. Croix Economic Development Corporation, and the Wisconsin Economic Development Corporation, RFEDC works to increase employment opportunities through industrial development.

RFEDC is dedicated to supporting new business startups while also providing rental and new construction opportunities for existing businesses in the area. This dual focus fosters a vibrant entrepreneurial environment, encourages job growth, and strengthens the local economy. By facilitating the establishment and expansion of businesses, the RFEDC contributes significantly to community improvement and economic vitality, making River Falls an attractive destination for both entrepreneurs and workers.




This information is meant to be a general summary of River Falls Economic Development Corporation. 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
$234,806 (2022)
Expenses
$269,464 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,323
  • Program Service Revenue: $233,483
  • Gross Receipts: $234,806

Assets and Liabilities:

  • Total Assets: $3,749,833
  • Total Liabilities: $1,422,445
  • Net Assets: $2,327,388

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Programs

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

INNOVATION CENTER PROGRAM

Revenue

$233,483

Organization Details

Founding Year

1988

Principal Officer

Joe Fischer

Main Address

222 LEWIS ST, RIVER FALLS, WI, 54022

NTEE Category

Code: S31 - Community improvement

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