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Barron County Economic Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$160k (2023)

Expenses
$163k (2023)

Total Assets
$49.9k (2023)

Total Liabilities
$4.3k (2023)

Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$160,327
Expenses
$163,264
Net Income
-$2,937
Net Assets
$45,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,017
99.8%
Program Services $0
Investment Income $0
Net Fundraising $193
0.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $117
0.1%
Assets/Debt
Total Assets $49,914
Total Liabilities $4,303
Net Assets $45,611
Compensation
Key Employees and Officers Compensation Other
Dave Armstrong (Executive Director) $70,714 $0
Adam Skinner (Director) $0 $0
Bj Williams (Director) $0 $0
Bruce Markgren (Treasurer) $0 $0
Stacy Nueman (Director) $0 $0
Dana Heller (Vice President) $0 $0
Diane Trembley (Director) $0 $0
Domenico Formaro (Director) $0 $0
Jennifer Baudette (President) $0 $0
Jeremy Miller (Director) $0 $0
Larry Loverude (Secretary) $0 $0
Mike Dierks (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$122,394
Expenses
$108,470
Net Income
$13,924
Net Assets
$48,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $122,474
> 100%
Program Services $0
Investment Income $0
Net Fundraising -$194
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $114
0.1%
Assets/Debt
Total Assets $51,566
Total Liabilities $3,018
Net Assets $48,548
Compensation
Key Employees and Officers Compensation Other
Dave Armstrong (Executive Director) $59,102 $0
Adam Skinner (Director) $0 $0
Bj Williams (Director) $0 $0
Bruce Markgren (Treasurer) $0 $0
Stacy Nueman (Director) $0 $0
Dana Heller (Vice President) $0 $0
Diane Trembley (Director) $0 $0
Domenico Formaro (Director) $0 $0
Jennifer Baudette (President) $0 $0
Jeremy Miller (Director) $0 $0
Larry Loverude (Secretary) $0 $0
Mike Dierks (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$118,296
Expenses
$105,948
Net Income
$12,348
Net Assets
$34,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $118,216
99.9%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $80
0.1%
Assets/Debt
Total Assets $37,018
Total Liabilities $2,394
Net Assets $34,624
Compensation
Key Employees and Officers Compensation Other
Dave Armstrong (Executive Director) $50,512 $0
Adam Skinner (President) $0 $0
Bj Williams (Director) $0 $0
Bruce Markgren (Treasurer) $0 $0
Bruce Rasmussen (Director) $0 $0
Dana Heller (Director) $0 $0
Diane Trembley (Director) $0 $0
Domenico Formaro (Vice President) $0 $0
Jennifer Baudette (Secretary) $0 $0
Jeremy Miller (Director) $0 $0
Larry Loverude (Vice President) $0 $0
Mike Dierks (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$144,669
Expenses
$134,871
Net Income
$9,798
Net Assets
$22,276
Notable Sources of Revenue Percent of Total Revenue
Contributions $124,762
86.2%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,907
13.8%
Assets/Debt
Total Assets $26,385
Total Liabilities $4,109
Net Assets $22,276
Compensation
Key Employees and Officers Compensation Other
Robert Anderson (Director) $0 $0
Mike Dierks (Director) $0 $0
Bruce Rasmussen (Director) $0 $0
Terry Lee (Director) $0 $0
Tim Gerber (Director) $0 $0
Jim Metcalf (Director) $0 $0
Dana Heller (Director) $0 $0
Adam Skinner (President) $0 $0
Sharon Masek (Director) $0 $0
Jennifer Baudette (Secretary) $0 $0
Bruce Markgren (Treasurer) $0 $0
Larry Loverude (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$124,565
Expenses
$151,161
Net Income
-$26,596
Net Assets
$12,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $118,555
95.2%
Program Services $0
Investment Income $0
Net Fundraising $5,319
4.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $691
0.6%
Assets/Debt
Total Assets $12,478
Total Liabilities $0
Net Assets $12,478
Compensation
Key Employees and Officers Compensation Other
Robert Anderson (Director) $0 $0
Mike Dierks (Director) $0 $0
Bruce Rasmussen (Director) $0 $0
Terry Lee (Director) $0 $0
Tim Gerber (Director) $0 $0
Jim Metcalf (Director) $0 $0
Dana Heller (Director) $0 $0
Adam Skinner (President) $0 $0
Sharon Masek (Director) $0 $0
Jennifer Baudette (Secretary) $0 $0
Bruce Markgren (Treasurer) $0 $0
Larry Loverude (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$127,114
Expenses
$155,184
Net Income
-$28,070
Net Assets
$39,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $127,768
> 100%
Program Services $0
Investment Income $92
0.1%
Net Fundraising -$746
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $39,074
Total Liabilities $0
Net Assets $39,074
Compensation
Key Employees and Officers Compensation Other
Robert Anderson (Director) $0 $0
Mike Dierks (Director) $0 $0
Craig Fowler (Director) $0 $0
Tim Gerber (Director) $0 $0
Dana Heller (Director) $0 $0
Scott Behn (Director) $0 $0
Terry Lee (Director) $0 $0
Bruce Markgren (Director) $0 $0
Sharon Masek (Director) $0 $0
Jim Metcalf (Director) $0 $0
Bruce Rasmussen (Director) $0 $0
Adam Skinner (President) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$122,156
Expenses
$132,689
Net Income
-$10,533
Net Assets
$67,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $120,150
98.4%
Program Services $0
Investment Income $114
0.1%
Net Fundraising $1,892
1.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $67,144
Total Liabilities $0
Net Assets $67,144
Compensation
Key Employees and Officers Compensation Other
Jennifer Baudette (Director) $0 $0
Mike Dierks (Director) $0 $0
Craig Fowler (Director) $0 $0
Tim Gerber (Director) $0 $0
Dana Heller (Director) $0 $0
Ken Jost (Director) $0 $0
Terry Lee (Director) $0 $0
Bruce Markgren (Director) $0 $0
Sharon Masek (Director) $0 $0
Jim Metcalf (Director) $0 $0
Bruce Rasmussen (Director) $0 $0
Rhiannon Thompson (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$141,011
Expenses
$112,717
Net Income
$28,294
Net Assets
$77,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $140,855
99.9%
Program Services $0
Investment Income $85
0.1%
Net Fundraising $71
0.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $77,872
Total Liabilities $195
Net Assets $77,677
Compensation
Key Employees and Officers Compensation Other
Jim Metcalf (D Irector) $0 $0
Bruce Markgren (President) $0 $0
Bruce Rasmussen (Director) $0 $0
Michelle Scalzo (Secretary) $0 $0
Ken Jost (Director) $0 $0
Dave Armstrong (Director) $0 $0
Adam Skinner (Vice President) $0 $0
James Ruel (Dire Ctor) $0 $0
Tim Gerber (D Irector) $0 $0
Terry Lee (D Irector) $0 $0
Sharon Masek (D Irector) $0 $0
Danielle Maxwell Parker (Treasurer) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$133,797
Expenses
$141,028
Net Income
-$7,231
Net Assets
$49,383
Notable Sources of Revenue Percent of Total Revenue
Contributions $130,105
97.2%
Program Services $0
Investment Income $71
0.1%
Net Fundraising $3,481
2.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $140
0.1%
Assets/Debt
Total Assets $49,578
Total Liabilities $195
Net Assets $49,383
Compensation
Key Employees and Officers Compensation Other
Jim Metcalf (D Irector) $0 $0
Bruce Markgren (President) $0 $0
Bruce Rasmussen (Director) $0 $0
Michelle Scalzo (Secretary) $0 $0
Ken Jost (Director) $0 $0
Dave Armstrong (Director) $0 $0
Adam Skinner (Vice President) $0 $0
Steve Harrington (Dir Ector) $0 $0
James Ruel (Dire Ctor) $0 $0
Tim Gerber (D Irector) $0 $0
Terry Lee (D Irector) $0 $0
Sharon Masek (D Irector) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$88,456
Expenses
$81,814
Net Income
$6,642
Net Assets
$56,614
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,036
88.2%
Program Services $0
Investment Income $31
0.0%
Net Fundraising $10,389
11.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $56,809
Total Liabilities $195
Net Assets $56,614
Compensation
Key Employees and Officers Compensation Other
Jim Metcalf (Director) $0 $0
Bruce Markgren (Secretary/Treasurer) $0 $0
Bruce Rasmussen (Director) $0 $0
Michelle Scalzo (Director) $0 $0
Ken Jost (President) $0 $0
Dave Armstrong (Director) $0 $0
Adam Skinner (Director) $0 $0
Steve Harrington (Director) $0 $0
James Ruel (Director) $0 $0
Tim Gerber (Director) $0 $0
Terry Lee (Director) $0 $0
Sharon Masek (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$68,774
Expenses
$59,208
Net Income
$9,566
Net Assets
$49,972
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,392
98.0%
Program Services $0
Investment Income $1,790
2.6%
Net Fundraising -$712
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $304
0.4%
Assets/Debt
Total Assets $50,167
Total Liabilities $195
Net Assets $49,972
Compensation
Key Employees and Officers Compensation Other
Jim Metcalf (Director) $0 $0
Bruce Markgren (Secretary/Treasurer) $0 $0
Bruce Rasmussen (Director) $0 $0
Michelle Scalzo (Director) $0 $0
Nancy Glynn (Director) $0 $0
Ken Jost (President) $0 $0
Dave Armstrong (Director) $0 $0
Tom Yeakley (Director) $0 $0
Adam Skinner (Director) $0 $0
Steve Harrington (Director) $0 $0
James Ruel (Director) $0 $0
Tim Gerber (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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