Public Charity

RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION

RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION, of RIVER FALLS, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $378K in revenue, $281K in expenses, $3.8M in total assets. 7 publicly reported grants to this organization, totaling roughly $70K, appear in IRS filings.

EIN: 391685445 RIVER FALLS, WI Latest filing: 2024
Total Revenue$378K
Total Expenses$281K
Total Assets$3.8M
Grant Records7
Funding Total$70K
Filing Years2019–2024

Mission

RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION (RFEDC) IS A VOLUNTARY NON- PROFIT ORGANIZATION THAT COLLABORATES WITH THE CITY OF RIVER FALLS, PIERCE COUNTY ECONOMIC DEVELOPMENT CORPORATION, ST. CROIX ECONOMIC DEVELOPMENT CORPORATION, AND THE WISCONSIN ECONOMIC DEVELOPMENT CORPORATION ON ECONOMIC DEVELOPMENT TO INCREASE EMPLOYMENT OPPORTUNITIES THROUGH INDUSTRIAL DEVELOPMENT.

Officers & Directors

DIRECTOR Dale Jorgenson
DIRECTOR Jerry Wilkens
DIRECTOR Joe Fischer
DIRECTOR Katy Melstrom
TREASURER/SE Keri Schreiner
DIRECTOR Max Neuhaus

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL DONATION/ASSISTANCE
$40,000 4 grants
ST. CROIX VALLEY BUSINESS INNOVATION CENTER
$20,000 2 grants
BUS INCUBATION CTR DONATION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $378K $281K $3.8M
2023 $330K $273K $3.7M
2022 $235K $269K $3.7M
2020 $175K $226K $3.7M
2019 $186K $237K $3.8M

Between 2019 and 2024, reported annual revenue grew from $186K to $378K (+104%), with total assets most recently reported at $3.8M.

Interactive year-over-year charts and full filing details available with membership.

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