Wisconsin · Nonprofit
THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION
THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being KUNES FAMILY FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $162k
- Funders on record
- 1
- Grants received
- $10k
- Net assets
- $1.3M
What The Greater Beloit Economic Development Corporation does
Mission
The mission of The Greater Beloit Economic Development Corporation ("corporation") is to foster investment and job growth in the economy thereby improving the quality of life, educational attainment, housing availability and prosperity for all in the greater beloit region.
As stated on its FY2024 Form 990.
Program
The Greater Beloit Economic Development Corporation's program services are organized to foster investment and job growth in the economy thereby improving the quality of life, educational attainment, housing availability and prosperity for all in the greater beloit region. Investors of the greater beloit region are able to contribute to provide strong regional leadership. During 2024, The Greater Beloit Economic Development Corporation had 68 investors which allows them to promote programs and initiatives to attract and retain businesses and developers.
$113,946 spent$131,150 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $113,946.
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 2019 to 2020, from $2.8M to $1.5M (−45%).
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: 2018 5% · 2019 5%. Grants only. Government contracts and fees sit inside program revenue.
0% of THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).
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
Drew Pennington
President/CEO
Board chair
Tim Oswald
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
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: $13k from one payer (the payer shares this organization's board, largest The Stateline Community Foundation Inc). These are real filings, and they are not money THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION raised.
From the IRS filings of THE GREATER BELOIT 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 THE GREATER BELOIT 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
THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like THE GREATER BELOIT 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
64% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- City of Beloit · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE GREATER BELOIT 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 THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION?
- THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION (Wisconsin) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being KUNES FAMILY FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- How many funders does THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $10,000 in grants to THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of THE GREATER BELOIT ECONOMIC DEVELOPMENT CORPORATION?
- KUNES FAMILY FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like THE GREATER BELOIT 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 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