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The Greater Beloit Economic Development Corporation

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

EIN: 391981445 ✦ Beloit, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Greater Beloit Economic Development Corporation?

The Greater Beloit Economic Development Corporation is a charitable and educational nonprofit organization situated in Beloit, Wisconsin. Their primary mission is to stimulate investment and job growth in the local economy, ultimately enhancing the quality of life, educational attainment, housing availability, and prosperity for the entire Beloit region. They achieve this goal through various activities, including fostering economic development exclusively for the betterment of Greater Beloit. Their headquarters is located at 100 State Street, Beloit, WI 53511.


Official website here: www.greaterbeloitworks.com

Is The Greater Beloit Economic Development Corporation legitimate?

The Greater Beloit Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Beloit 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.greaterbeloitworks.com

What is the mission statement of The Greater Beloit Economic Development Corporation?

The Greater Beloit Economic Development Corporation's mission is centered around promoting economic development. It aims to foster investment and stimulate job growth, ultimately enhancing the quality of life, educational attainment, housing availability, and prosperity for all residents in the region. The organization's activities are organized to achieve these goals, with a focus on fostering a thriving economy that benefits everyone.


Official website here: www.greaterbeloitworks.com

Who is the CEO of The Greater Beloit Economic Development Corporation?

Drew Pennington is the Chair of The Greater Beloit Economic Development Corporation. The CEO's salary of The Greater Beloit Economic Development Corporation is $0 and their total compensation is $35,434.


Official website here: www.greaterbeloitworks.com

What is the revenue of The Greater Beloit Economic Development Corporation?

The Greater Beloit Economic Development Corporation's revenue in 2022 was $238,569.


Official website here: www.greaterbeloitworks.com

Who are the executives of The Greater Beloit Economic Development Corporation and what are their salaries?

There 46 volunteers at The Greater Beloit Economic Development Corporation.


Here are 48 key members and their salaries (The Greater Beloit Economic Development Corporation's CEO's salary is $0 and their total compensation is $35,434):


Regina Dunkin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Oswald (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pokel (Secretary/Treasurer (Began July))
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Volbright (Secretary/Treasurer (Thru June))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Mckearn (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Contarino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Cralam (Director (Thru Mid Dec))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Alt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gilbank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Egan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Frisbee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Gerbitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Greendeer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Gustafson (Director (Thru June))
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd James (Director (Thru Mid Nov))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Walden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Collin Keeton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Ramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ritzert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Rozolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Frank Scholz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Steuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Valentyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cole Weiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kristi Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Whitley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Daniel Keyser (Director (Thru Mid Nov))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Willie Garrison Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dennis Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tracy Pierner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Krueger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Curtis Luther (Director (Thru Mid Aug))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Hoppes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Rehl (Director (Thru Mid March))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Risse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Wellnitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Dimassis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hankins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Tinder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hall (President/Ceo (Thru Mid July))
  • Compensation: $0
  • Related: $66,853
  • Other: $10,407
Drew Pennington (President/Ceo (Began Mid July))
  • Compensation: $0
  • Related: $27,697
  • Other: $7,737


Official website here: www.greaterbeloitworks.com

Where can I find the form 990 for The Greater Beloit Economic Development Corporation?

The Greater Beloit Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greaterbeloitworks.com

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

Mission Statement of The Greater Beloit Economic Development Corporation

The Greater Beloit Economic Development Corporation, in its mission, strives to foster investment and stimulate job growth within the economy. This endeavor aims to enhance the overall quality of life, educational attainment, housing availability, and prosperity for all residents in the broader Beloit region. The organization's primary goal is to contribute positively to the economy by fostering growth, ultimately improving the well-being and opportunities for individuals living in the area.

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Impact



October, 2024

The Greater Beloit Economic Development Corporation plays a crucial role in boosting the economy of the Greater Beloit region by facilitating investment and job growth. Its initiatives are designed to enhance the overall quality of life for residents, which includes improving educational attainment and increasing access to adequate housing. By fostering an environment conducive to economic development, the organization directly contributes to greater prosperity for all community members. Through its commitment to charitable and educational activities, the corporation not only stimulates job creation but also drives community improvement, making a lasting impact on the region's economic landscape.



This information is meant to be a general summary of The Greater Beloit 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
$238,569 (2022)
Expenses
$165,845 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $247
  • Program Service Revenue: $214,190
  • Gross Receipts: $238,986

Assets and Liabilities:

  • Total Assets: $1,249,106
  • Total Liabilities: $0
  • Net Assets: $1,249,106

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Programs

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

INVESTOR DUES

Revenue

$214,190

Organization Details

Founding Year

1999

Phone

(608) 364-6610

Principal Officer

Drew Pennington

Main Address

100 STATE STREET, BELOIT, WI, 53511

Website

www.greaterbeloitworks.com

NTEE Category

Code: S20 - Community improvement

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