Wisconsin · Nonprofit
RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION
RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 1 organization whose IRS filings report $57,500 to it, the largest being ANDIS FOUNDATION INC ($57,500). 0 of them have funded it in more than one year.
- Revenue FY2025
- $3.0M
- Funders on record
- 1
- Grants received
- $58k
- Net assets
- $12M
What Racine County Economic Development Corporation does
Mission
To provide economic development services including business recruitment, expansion, business financing, community and workforce development.
As stated on its FY2025 Form 990.
Programs
Business finance: rcedc manages government and quasi-government business financing programs that provide low-interest loans to racine county businesses. Rcedc is a small business administration (sba) certified development company, and as a result, provides sba 504 fixed asset loans throughout the state of wisconsin. Rcedc utilizes its resources to manage certain community-based revolving loan funds in southeast wisconsin.
$1,703,852 spentof which $67,460 as grants$1,136,767 earned by the program78% of program spendingBusiness development: rcedc conducts business development programs as part of its economic development plan division. These programs include business retention and expansion and talent attraction to identify and implement strategies to address the needs of existing businesses throughout racine county. Rcedc conducts business recruitment for companies that are seeking a location for business in racine county.community development: rcedc provides community development assistance, such as brownfield and general property redevelopment, downtown and commercial corridor assistance, creation and expansion of business parks, and provision of sanitary sewer and public water to areas that will enable future business development.
$480,086 spentof which $586 as grants$43,144 earned by the program22% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,183,938.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $12M (−21%).
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 83% · 2018 39% · 2019 40% · 2020 35% · 2021 74% · 2022 66% · 2023 51% · 2024 38% · 2025 50%. Grants only. Government contracts and fees sit inside program revenue.
57% of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 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
Jenny Trick
Executive director
Board chair
David Griffith
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $18k from one payer (the payer shares this organization's board, largest Racine Community Foundation Inc). These are real filings, and they are not money RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION raised.
From the IRS filings of RACINE COUNTY 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.
Where its funders are
100% of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Wisconsin funders.
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.
Against its field
RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Government funding RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.
- Department of Commerce$3.6M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like RACINE COUNTY 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.
Where the money goes
83% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Se Wi Investment LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for RACINE COUNTY 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 RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 1 organization whose IRS filings report $57,500 to it, the largest being ANDIS FOUNDATION INC ($57,500). 0 of them have funded it in more than one year.
- How many funders does RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $57,500 in grants to RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of RACINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- ANDIS FOUNDATION INC is the largest funder on record, with $57,500 in grants. The full list of funders is on this page.
- How can an organization like RACINE COUNTY 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 FY2025 (financials across 2017–2025), and the filings of 1 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