Vernon Economic Development Association Inc.

Vernon Economic Development Association Inc.

Viroqua, WI
Tax ID37-1520081

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More about this organization

Mission

To create economic wealth and prosperity while preserving the rural Vernon County lifestyle.

About

Support entrepreneurship and the development of new businesses. Foster the retention and expansion of existing businesses. Recruit new businesses to the county. Provide educational forums and technical assistance and promote job training and education of the labor force. Serve as a central source of assistance, information, and resources to support economic development.

Revenue

$669,011

Expenses

$523,039

Interesting data from their 2019 990 filing

The mission of the non-profit, as stated in the filing, is “To create economic wealth and prosperity through providing new and existing businesses with educational and technical assistance, while preserving the rural vernon county lifestyle.”.

When referring to its tasks, they were described as: “To create economic wealth and prosperity while preserving the rural vernon county lifestyle.”.

  • The non-profit's address for the year 2019 is listed as 1201 N MAIN STREET, VIROQUA, WI, 54665 in the filing.
  • The form submitted by the non-profit organization for 2019 reports 2 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $145,972.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization elects its board members.
  • The organization has 13 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $79,334 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.