Wisconsin · Nonprofit
EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION
EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 2 organizations whose IRS filings report $81,000 to it, the largest being THE REINVESTMENT FUND INC ($75,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $337k
- Funders on record
- 2
- Grants received
- $81k
- Net assets
- $1.1M
What Eau Claire Area Economic Development Corporation does
Mission
Advance economic prosperity through business and job growth. The Eau Claire Area Economic Development Corporation's purpose is to create and implement strategies to attract and grow businesses, investment, and talent to our service area.
As stated on its FY2024 Form 990.
Programs
Business expansionassist in the creation, enhancement and expansion of local businesses.
Placemaking assist in the development of creating places throughout the county. Developing parks, public spaces, event spaces, destination development and etc.
Business recruitment develop and implement marketing strategies to attract new business & industry.
Entrepreneurshipmaintaining entrepreneurship programs and events that grow small local businesses and entrepreneurs naturally and retain them in the county.
The 4 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $389k to $1.1M (+183%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 54% · 2018 39% · 2019 47% · 2020 49% · 2021 56% · 2022 37% · 2023 31% · 2024 28%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Luke Hansen
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION draws 93% of its grant income from funders outside Wisconsin, across 2 states in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION?
- EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 2 organizations whose IRS filings report $81,000 to it, the largest being THE REINVESTMENT FUND INC ($75,000). 0 of them have funded it in more than one year.
- How many funders does EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $81,000 in grants to EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION?
- THE REINVESTMENT FUND INC is the largest funder on record, with $75,000 in grants. The full list of funders is on this page.
- How can an organization like EAU CLAIRE AREA ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing