RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 93-0846583)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-06-07
IRS object ID: 201241599349300604
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-06-07T07:23:53-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Gordon J Maier & Company LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	845 Wisconsin Avenue	AddressLine1
City	Racine	City
State	WI	State
ZIP Code	53403	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	930846583	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	RACINE COUNTY ECONOMIC DEVELOPMENT	BusinessNameLine1
Business Name Line2	CORPORATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	RACI	NameControl
Phone	2628987412	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2320 RENAISSANCE BLVD	AddressLine1
City	STURTEVANT	City
State	WI	State
ZIP Code	53177	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GORDON KACALA	Name
Title	Executive Director	Title
Date Signed	2012-06-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JULIE CRAIG CPA	Name
Phone	2626347108	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GORDON KACALA	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2320 RENAISSANCE BLVD	AddressLine1
City	STURTEVANT	City
State	WI	State
ZIP Code	53177	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1942979	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	WWW.RACINECOUNTYEDC.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1983	YearFormation
State Legal Domicile	WI	StateLegalDomicile
Activity Or Mission Description	To provide Economic Development services including business recruitment, expansion, business financing, community and workforce developement.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	29	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	29	NbrIndependentVotingMembers
Total Nbr Employees	28	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	1015132	ContributionsGrantsPriorYear
Contributions Grants Current Year	1472749	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	462873	ProgramServiceRevenuePriorYear
Program Service Revenue CY	461529	ProgramServiceRevenueCY
Investment Income Prior Year	2845	InvestmentIncomePriorYear
Investment Income Current Year	2313	InvestmentIncomeCurrentYear
Other Revenue Prior Year	11184	OtherRevenuePriorYear
Other Revenue Current Year	6388	OtherRevenueCurrentYear
Total Revenue Prior Year	1492034	TotalRevenuePriorYear
Total Revenue Current Year	1942979	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	912213	SalariesEtcPriorYear
Salaries Etc Current Year	1094903	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	6543	TotalFundrsngExpCurrentYear
Other Expense Prior Year	675634	OtherExpensePriorYear
Other Expenses Current Year	428989	OtherExpensesCurrentYear
Total Expenses Prior Year	1587847	TotalExpensesPriorYear
Total Expenses Current Year	1523892	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-95813	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	419087	RevenuesLessExpensesCY
Total Assets BOY	5235595	TotalAssetsBOY
Total Assets EOY	5646055	TotalAssetsEOY
Total Liabilities BOY	564748	TotalLiabilitiesBOY
Total Liabilities EOY	556121	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	4670847	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5089934	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	To provide Economic Development services including business recruitment, expansion, business financing, community and workforce developement.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	552841	Expense
Description	Workforce Development- Provides employer and job seeker services at the Workforce Development Center. Also working in developing policies and programs to assist in the positive development of the Racine County workforce that may be implemented by a variety of partner agencies in Racine County.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	496093	Expense
Description	Business Development- Conducts various business development programs as part of its Business Development Plan Division. These programs include business retention and expansion to identify and implement strategies to address the needs of existing businesses throughout Racine County. It also conducts business recruitment for companies that are seeking a location for business in Racine County.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	331495	Expense
Description	BUSINESS FINANCE PROGRAM - Manages a number of government and quasi-govenrment business financing programs that provide low-interest loans to Racine County businesses. RCEDC is also a Small Business Administration(SBA)Certified Development Company, and as a result, provides SBA 504 fixed asset loans throughout the State of Wisconsin. Also, utilizes their resources to manage certain community-based revolving loan funds in Southeast Wisconsin, currently managing the loan fund for Waukesha County.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	119624	TotalOfOtherProgramServiceExp
Total Program Service Expense	1500053	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	36	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	28	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	false	QuidProQuoContributions
Quid Pro Quo Disclosure	false	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	29	NbrVotingGoverningBodyMembers
Number Independent Voting Members	29	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GORDON KACALA	NamePerson
Telephone Number	2628987412	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2320 RENAISSANCE BLVD	AddressLine1
City	STURTEVANT	City
State	WI	State
ZIP Code	53177	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (30 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
JIM LADWIG
Director	1.00	X	X	0	0	0
DR JIM SHAW
Director	1.00	X		0	0	0
RON THOMAS
Director	1.00	X		0	0	0
TOM SHINNERS
2ND VICE-PRESID	1.00	X	X	0	0	0
EUGENE SZYMCZAK
Director	1.00	X		0	0	0
FRANCISCO SANCHEZ
Director	1.00	X		0	0	0
DAVID RICHMOND
Director	1.00	X		0	0	0
AHMAD QAWI
Director	1.00	X		0	0	0
DAN PETTIT
Chairman	1.00	X	X	0	0	0
DAVE PERKINS
Director	1.00	X		0	0	0
JAMES MOYER
Director	1.00	X		0	0	0
ROBERT MILLER
Director	1.00	X		0	0	0
CAROLYN MILKIE
Director	1.00	X		0	0	0
WILLIAM MCREYNOLDS
Director	1.00	X		0	0	0
JEFF MCKEOWN
Secretary	1.00	X	X	0	0	0
TIM MAJCEN
Director	1.00	X		0	0	0
EDWARD F LONERGAN
Director	1.00	X		0	0	0
DANIEL HORTON
President	1.00	X	X	0	0	0
JON HENDERSEN
1ST VICE-PRESID	1.00	X	X	0	0	0
PETER HANSEN
Director	1.00	X		0	0	0
MARK GELHAUS
Director	1.00	X		0	0	0
BRIAN FRENCH
Director	1.00	X		0	0	0
JOHN DICKERT
Director	1.00	X		0	0	0
RON COUTTS
Director	1.00	X		0	0	0
MICHAEL BURNS
Director	1.00	X		0	0	0
OLA BAIYEWU
Director	1.00	X		0	0	0
JULIE ANDERSON
Director	1.00	X		0	0	0
BRYAN ALBRECHT
Treasurer	1.00	X	X	0	0	0
MIKE AIMONE
Director	1.00	X		0	0	0
GORDON KACALA
Executive Direc	40.00		X	127922	0	27742

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	127922	TotalReportableCompFromOrg
Total Other Compensation	27742	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Membership Dues	133840	MembershipDues
Government Grants	1334039	GovernmentGrants
All Other Contributions	4870	AllOtherContributions
Noncash Contributions	9370	NoncashContributions
Total Contributions	1472749	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SBA 504 SERVICES FEES	561000	143591	143591
REVOLVING LOAN PREP FEES	561000	27245	27245
REVOLVING LOAN FUND ADMIN	561000	29127	29127
JOBS FOR RACINE COUNTY	561000	129652	129652
INT-REVOLVING LOAN FUND	561000	87468	87468

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	44446	TotalRevenueColumn
Related Or Exempt Function Income	44446	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	461529	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2313	TotalRevenueColumn
Exclusion	$2,313	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	UNCLAIMED PROPERTY	Description
Business Code	525990	BusinessCode
Total Revenue Column	6388	TotalRevenueColumn
Exclusion	$6,388	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	6388	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1942979	TotalRevenueColumn
Related Or Exempt Function Income	461529	RelatedOrExemptFunctionIncome
Exclusion	$8,701	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	155664	Total
Program Services	152636	ProgramServices
Management And General	2749	ManagementAndGeneral
Fundraising	279	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	873252	Total
Program Services	870489	ProgramServices
Management And General	1217	ManagementAndGeneral
Fundraising	1546	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	0	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	65987	Total
Program Services	64694	ProgramServices
Management And General	1173	ManagementAndGeneral
Fundraising	120	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	14497	Total
Program Services	14340	ProgramServices
Management And General	114	ManagementAndGeneral
Fundraising	43	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	74122	Total
Program Services	69951	ProgramServices
Management And General	3026	ManagementAndGeneral
Fundraising	1145	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	15261	Total
Program Services	14278	ProgramServices
Management And General	713	ManagementAndGeneral
Fundraising	270	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	52362	Total
Program Services	48988	ProgramServices
Management And General	2448	ManagementAndGeneral
Fundraising	926	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	19462	Total
Program Services	18208	ProgramServices
Management And General	910	ManagementAndGeneral
Fundraising	344	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	694	Total
Program Services	650	ProgramServices
Management And General	32	ManagementAndGeneral
Fundraising	12	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	7139	Total
Program Services	6679	ProgramServices
Management And General	334	ManagementAndGeneral
Fundraising	126	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	12629	Total
Program Services	11816	ProgramServices
Management And General	590	ManagementAndGeneral
Fundraising	223	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
WDC Expenses	65793	65793
Training	21670	20274	1013	383
TELEPHONE	21589	20198	1009	382
Manufacturing Renewal Grant	22533	22533
JOBS for RACINE County	22570	22570

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	78668	Total
Program Services	75956	ProgramServices
Management And General	1968	ManagementAndGeneral
Fundraising	744	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1523892	Total
Program Services	1500053	ProgramServices
Management And General	17296	ManagementAndGeneral
Fundraising	6543	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	39	BOY
EOY	2234401	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1763521	BOY
EOY	240994	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	235957	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5884	BOY
EOY	126375	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	2637625	BOY
EOY	2467321	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	9611	BOY
EOY	9074	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	66216	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	37663	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	20693	BOY
EOY	28553	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	562265	BOY
EOY	539337	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5235595	BOY
EOY	5646055	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	79034	BOY
EOY	87065	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	485714	BOY
EOY	469056	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	564748	BOY
EOY	556121	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4586304	BOY
EOY	4766684	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	84543	BOY
EOY	323250	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	4670847	BOY
EOY	5089934	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5235595	BOY
EOY	5646055	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	419087	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1077190	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1033719	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1053647	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1015132	CurrentTaxYearMinus1Year
Current Tax Year	1472749	CurrentTaxYear
Total	5652437	Total

Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170

Field	Value	IRS element (for citing)
Total	0	Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1077190	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1033719	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1053647	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1015132	CurrentTaxYearMinus1Year
Current Tax Year	1472749	CurrentTaxYear
Total	5652437	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	0	AmountsSubstContributorsTotal
Public Support Total170	5652437	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	17671	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4587	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4347	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2845	CurrentTaxYearMinus1Year
Current Tax Year	2313	CurrentTaxYear
Total	31763	Total

Net UBI NetUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	240004	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	517364	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	346121	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	474057	CurrentTaxYearMinus1Year
Current Tax Year	467917	CurrentTaxYear
Total	2045463	Total

Field	Value	IRS element (for citing)
Total Support	7729663	TotalSupport
Gross Receipts From Admissions Etc	2045463	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.73130	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.74350	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	66216	OtherCostOrOtherBasis
Depreciation	37663	Depreciation
Book Value	28553	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	28553	TotalOfBookValueLandBuildings

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
VOC Credits	80000
Prepaid Lease	376401
Investment in RDG	82936

Field	Value	IRS element (for citing)
Total Book Value Other Assets	539337	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
Rounding	$1
	-$1

Field	Value	IRS element (for citing)
Total Revenue	1942979	TotalRevenue
Total Expenses	1523892	TotalExpenses
Excess Or Deficit For Year	419087	ExcessOrDeficitForYear
Excess Or Deficit Per FS	419087	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	1942979	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1942979	RevenueSubtotal
Total Revenue Per Form990	1942979	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1523892	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1523892	ExpensesSubtotal
Total Expenses Per Form990	1523892	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException
Rebuttable Presumption Procedure	false	RebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	GORDON KACALA	NamePerson
Base Compensation Filing Org	127922	BaseCompensationFilingOrg
Nontaxable Benefits Filing Org	27742	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	155664	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	The RCEDC provides copies of its Form 990 to the full board and the Form 990 and other documents are available at the RCEDC offices for inspection upon request.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	There are no RCEDC officers who receive compensation and the RCEDC has not identified any other key employees. However, the RCEDC President also reviews the salary changes of all RCEDC employees and a directive on changes in salary is signed and provided to the RCEDC Business Mananger who implements the salary changes.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	All officers, directors, and key employees are required to report conflict of interest as they arise.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	The Form 990 is reviewed by the internal financial staff, Executive Director, and Executive Committee of the Board of Directors which is the governing committee of the RCEDC.
Form 990, Part III, Line 4d	Form 990, Part III, Line 4d : Other Program Services Description	OTHER PROGRAM SERVICES 4: Business Development- Conducts various business development programs as part of its Business Development Plan Division. These programs include business retention and expansion to identify and implement strategies to address the needs of existing businesses throughout Racine County. It also conducts business recruitment for companies that are seeking a location for business in Racine County.