2011-08-04T06:25:19-07:00 2010-12-31 Gordon J Maier & Company LLP 845 Wisconsin Avenue Racine WI 53403 990 2010-01-01 930846583 RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION RACI 2628987400 2320 RENAISSANCE BLVD STURTEVANT WI 53177 GORDON KACALA 2011-08-04 JULIE CRAIG CPA 2626347108 2010 2016-02-24 21:20:13Z GORDON KACALA 2320 RENAISSANCE BLVD STURTEVANT WI 53177 1492034 false false X WWW.RACINECOUNTYEDC.ORG X 1983 WI To provide economic development services by assisting start-up organizations and existing organizations in obtaining financing, to attract new industries to the area and to retain existing businesses. 26 26 19 0 1053647 1015132 257158 462873 4347 2845 113771 11184 1428923 1492034 0 0 867286 912213 0 3951 698016 675634 1565302 1587847 -136379 -95813 5365297 5235595 580142 564748 4785155 4670847 X To provide Economic Development services by assisting start-up organizations and existing organizations in obtaining financing, to attract new industries to the area and to retain existing businesses. false false 604816 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. 404894 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. 334343 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. 201374 1545427 true false false false false false false false false false true false false true false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 26 0 false 19 true false false false false false false false false false false false 0 false false false false false false false false false false false X 26 26 false false false false false false false true true false false false true true true true true false true true false false WI X GORDON KACALA 2628987400 2320 RENAISSANCE BLVD STURTEVANT WI 53177 WILLIAM MCREYNOLDS 1.00 X 0 0 0 TOM SHINNERS 1.00 X X 0 0 0 STEVEN C BELL 1.00 X 0 0 0 SCOTT SHARP 1.00 X 0 0 0 RON COUTTS 1.00 X 0 0 0 ROBERT MILLER 1.00 X 0 0 0 PETER HANSEN 1.00 X 0 0 0 OLA BAIYEWU 1.00 X 0 0 0 MIKE AIMONE 1.00 X 0 0 0 MARK WYZGOWSKI 1.00 0 0 0 JULIE ANDERSON 1.00 X X 0 0 0 JON HENDERSEN 1.00 X X 0 0 0 JOHN DICKERT 1.00 X X 0 0 0 JEFF MCKEOWN 1.00 X X 0 0 0 JAMES E MOYER 1.00 X 0 0 0 JAMES BEERE 1.00 X 0 0 0 GORDON KACALA 40.00 X X 125892 0 25099 GARY SCHILDT 1.00 0 0 0 FRANCISCO SANCHEZ 1.00 X 0 0 0 EDWARD F LONERGAN 1.00 X 0 0 0 DR JAMES SHAW 1.00 X 0 0 0 DAVID M RICHMOND 1.00 X 0 0 0 DAVE PERKINS 1.00 X 0 0 0 DANIEL HORTON 1.00 X X 0 0 0 DAN PETTIT 1.00 X X 0 0 0 CAROLYN MILKIE 1.00 X 0 0 0 BRYAN ALBRECHT 1.00 X X 0 0 0 BRIAN FRENCH 1.00 X 0 0 0 AHMAD QAWI 1.00 X 0 0 0 125892 25099 1 false true false 0 119265 895867 1015132 SBA 504 SERVICES FEES 561000 209657 209657 REVOLVING LOAN FUND ADMIN 561000 25370 25370 PROGRAM ADMIN RDG 561000 21596 21596 INT-REVOLVING LOAN FUND 561000 104579 104579 CONTRACT SERVICES 561000 92232 92232 9439 9439 462873 2845 2845 0 0 4125 4125 4125 4125 0 0 0 0 REIMB OF PROGRAM EXPENSE 525990 7059 7059 7059 1492034 466998 9904 0 0 0 0 150991 148031 2684 276 0 668401 655297 11884 1220 32752 32110 582 60 0 60069 58892 1068 109 0 1464 1286 161 17 0 0 0 0 52084 48786 2991 307 0 11270 9902 1241 127 0 0 53321 46846 5872 603 0 17976 15793 1980 203 0 736 647 81 8 0 6734 5915 742 77 72435 70171 2052 212 WDC Expenses 52142 52142 Minority Grant Expense 21952 21952 DRIVE Program 20781 20781 Business Lending Partner Expen 71010 71010 BAD DEBTS 200028 200028 93701 85838 7131 732 1587847 1545427 38469 3951 39 39 1579521 1763521 248971 235957 4634 5884 0 0 2915236 2637625 0 8765 9611 62554 41861 5873 20693 0 0 0 0 602258 562265 5365297 5235595 94829 79034 485313 485714 580142 564748 X 500232 4586304 36520 84543 4248403 4785155 4670847 5365297 5235595 X -95813 -18495 X false true true X true true X 1218963 1077190 1033719 1053647 1015132 5398651 0 0 1218963 1077190 1033719 1053647 1015132 5398651 0 5398651 5987 17671 4587 4347 2845 35437 0 249447 240004 517364 346121 474057 1826993 7261081 1826993 0.74350 0.75980 X 62554 41861 20693 20693 VOC Credits 80000 Prepaid Lease 399329 Investment in RDG 82936 562265 1492034 1587847 -95813 -18495 -18495 -114308 1492034 1492034 1492034 1587847 1587847 1587847 X X X false false false false false false false false false false GORDON KACALA 125892 25099 150991 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.