Wisconsin Economic Development Association Inc

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

EIN: 510180680 ✦ Madison, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Economic Development Association Inc?

Wisconsin Economic Development Association Inc, headquartered in Madison, Wisconsin, is a nonprofit organization dedicated to promoting community development and economic growth within the state. Their primary mission involves providing resources and opportunities for its members, with a focus on enhancing economic advancement in Wisconsin. This is achieved through various means, including professional development, networking events, and advocacy. Their flagship event is the annual Governor's Conference on Economic Development, a three-day affair filled with educational sessions, exhibits, and networking opportunities. Moreover, Wisconsin Economic Development Association Inc also hosts Community Reinvestment Act sessions across the state twice a year and an annual fall conference. With a team of just two individuals, this organization demonstrates a commitment to championing economic development within Wisconsin.


Official website here: www.weda.org

Is Wisconsin Economic Development Association Inc legitimate?

Wisconsin Economic Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Economic Development Association Inc 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: $99,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,695

For more financial information, click here


Official website here: www.weda.org

What is the mission statement of Wisconsin Economic Development Association Inc?

The Wisconsin Economic Development Association Inc, as an organization, strives to advance economic development in Wisconsin through three primary means: professional development, networking, and advocacy. Their mission is to enhance economic growth in the state by providing opportunities for learning and interaction within the community, as well as advocating for policies that foster a conducive business environment. One of their significant events is the Governor's Conference on Economic Development, held annually in February, which offers educational sessions, exhibits, and networking opportunities. Additionally, they conduct Community Reinvestment Act sessions in various locations around the state twice a year and organize a fall conference.


Official website here: www.weda.org

Who is the CEO of Wisconsin Economic Development Association Inc?

Mary Perry is the CEO of Wisconsin Economic Development Association Inc The CEO's salary of Wisconsin Economic Development Association Inc is $99,488 and their total compensation is $102,384.


Official website here: www.weda.org

What is the revenue of Wisconsin Economic Development Association Inc?

Wisconsin Economic Development Association Inc's revenue in 2023 was $530,244.


Official website here: www.weda.org

Who are the executives of Wisconsin Economic Development Association Inc and what are their salaries?

The average compensation at Wisconsin Economic Development Association Inc during 2023 was $50,606. There are 4 employees and 35 volunteers at Wisconsin Economic Development Association Inc.

Here are 20 key members and their salaries (Wisconsin Economic Development Association Inc's CEO's salary is $99,488 and their total compensation is $102,384):


Mary Perry (President And Ceo)
  • Compensation: $99,488
  • Related: $0
  • Other: $2,896
Sheldon Johnson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Hunt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Berger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Walker (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Brodek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Christenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Close (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Deschane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Elmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Engel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Follendorf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Gadow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Kuderer-Radcliffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Prestegaard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Roth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bon Wikenheiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Zwaska (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weda.org

Where can I find the form 990 for Wisconsin Economic Development Association Inc?

Wisconsin Economic Development Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.weda.org

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

Mission Statement of Wisconsin Economic Development Association Inc

Wisconsin Economic Development Association Inc, with a mission to enhance economic development in Wisconsin, focuses on professional development, networking, and advocacy. The organization strives to advance community development and economic advancement in the state through these core activities. To achieve this, they organize events such as the Governor's Conference on Economic Development, which is their biggest education and networking event held annually in February. This three-day conference includes educational sessions, exhibits, receptions, and numerous networking opportunities, providing a platform for professionals to connect and share ideas.

Furthermore, Wisconsin Economic Development Association Inc also hosts Community Reinvestment Act sessions at various locations around the state twice a year. These sessions aim to educate and inform about the Community Reinvestment Act, a federal law that encourages depository institutions to help meet the credit needs of the communities in which they operate. Additionally, they organize a Fall Conference, offering more opportunities for networking and professional development. By engaging in these activities, Wisconsin Economic Development Association Inc contributes to the economic growth and development of Wisconsin.

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Impact




October, 2024

Wisconsin Economic Development Association Inc (WEDA) plays a significant role in enhancing economic development across the state of Wisconsin. By providing comprehensive services to its members, WEDA fosters community development and economic advancement, directly impacting local economies.

One of the key events WEDA organizes is the Governor's Conference on Economic Development, a premier networking and educational opportunity that occurs every February. This three-day conference includes a variety of educational sessions, exhibits, receptions, and other networking activities that connect practitioners, experts, and stakeholders in the economic development field.

Additionally, WEDA conducts Community Reinvestment Act sessions throughout the state, offering vital resources and discussions aimed at improving community investment strategies. By organizing seasonal conferences and wide-ranging networking opportunities, WEDA promotes collaboration and knowledge-sharing, helping communities to implement effective economic strategies that drive growth.

Through its mission of enhancing economic development via professional development, networking, and advocacy, WEDA contributes significantly to creating a more robust and vibrant economic landscape in Wisconsin.




This information is meant to be a general summary of Wisconsin Economic Development Association Inc. 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
$530,244 (2023)
Expenses
$451,340 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,450
  • Program Service Revenue: $372,564
  • Gross Receipts: $530,244

Assets and Liabilities:

  • Total Assets: $280,855
  • Total Liabilities: $147,610
  • Net Assets: $133,245

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Programs

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

MEMBERSHIP REVENUE

Revenue

$173,675

CONFERENCE INCOME

Revenue

$138,630

PROFESSIONAL DEVELOPME

Revenue

$60,259

Organization Details

Founding Year

1974

Principal Officer

Kathryn Berger

NTEE Category

Code: S40 - Community improvement

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