WEST BEND, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASHINGTON COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $957K left a modest 12% surplus.
FUELING GROWTH COMPANIES FOR THE CREATION OF QUALITY JOBS AND ECONOMIC PROSPERITY COUNTYWIDE. IN SO DOING, THE ORGANIZATION EMPOWERS COMPANIES AND RESIDENTS WITH THE TOOLS, RESOURCES ANDSTRATEGIC GUIDANCE THEY NEED TO GROW, INNOVATE, AND CREATE LASTING ECONOMIC IMPACT. THEY LEVERAGE NEWPRIVATE SECTOR INVESTMENT TO SUCCESSFULLY ACCELERATE BUSINESS GROWTH IN WASHINGTON COUNTY, PROVIDE CATALYTICIMPACT WITHIN COMMUNITIES AND GENERATE QUALITY OPPORTUNITIES FOR WORKERS.
EDWC WORKS TO SHAPE A PROSPEROUS FUTURE FOR WASHINGTON COUNTY BY SUPPORTING BUSINESS AND RESIDENT SUCCESS ONE INVESTMENT, ONE JOB, AND ONE OPPORTUNITY AT A TIME. MORE SPECIFICALLY, THE ORGANIZATION...
EDWC WORKS TO SHAPE A PROSPEROUS FUTURE FOR WASHINGTON COUNTY BY SUPPORTING BUSINESS AND RESIDENT SUCCESS ONE INVESTMENT, ONE JOB, AND ONE OPPORTUNITY AT A TIME. MORE SPECIFICALLY, THE ORGANIZATION PROVIDES DEVELOPMENT CONSULTING TO BUSINESSES AND COMMUNITIES THROUGH THE DEEP EXPERTISE OF HIGHLY EXPERIENCED PROFESSIONALS, STRUCTURES DEALS, UNDERWRITES AND CLOSES ON INCENTIVE FINANCING TO BUSINESSES, ENGAGES IN HIGHIMPACT DEVELOPMENT AND REDEVELOPMENT WORK, ADMINISTERS AND MANAGES VARIOUS INCENTIVE PROGRAMS, ENCOURAGES ENTREPRENEURSHIP, OFFERS POWERFUL INSIGHTS THROUGH DATA ANALYTICS AND PROVIDES RESIDENTS, WORKERS AND DEVELOPERS WITH RESOURCES TO MAKE ACHIEVEMENT OF THE AMERICAN DREAM THROUGH HOMEOWNERSHIP MORE ATTAINABLE. EDWC MEASURES THE IMPACT OF ITS WORK THROUGH VARIOUS MEASURABLES THAT INCLUDE BUT ARE NOT LIMITED TO JOBS (CREATED, UPSKILLED AND RETAINED), PRIVATE CAPITAL INVESTMENT, ACRES OF REDEVELOPMENT, DEALS WON AND NET PUBLIC FISCAL BENEFIT.
NEW FRONTIERS - EXPLORE INNOVATION AND STRATEGIC OPPORTUNITIES.- COLLABORATE ON AI MANUFACTURING PILOT - JOINTLY LAUNCH AN AI ADOPTION PILOT WITH THE MILWAUKEE TECH HUB COALITION TO SUPPORT MID-SIZED...
NEW FRONTIERS - EXPLORE INNOVATION AND STRATEGIC OPPORTUNITIES.- COLLABORATE ON AI MANUFACTURING PILOT - JOINTLY LAUNCH AN AI ADOPTION PILOT WITH THE MILWAUKEE TECH HUB COALITION TO SUPPORT MID-SIZED MANUFACTURERS IN INTEGRATING AI SOLUTIONS THROUGH HANDS-ON CONSULTING, EDUCATION, AND FINANCING SUPPORT THROUGH THE IMPACT LOAN FUND.- LAUNCH A FLAGSHIP REAL ESTATE DEVELOPMENT PROJECT - SELECT AND INVEST IN A HIGH-IMPACT SITE, SUCH AS A COMMUNITY-CENTERED FLEX SPACE OR A STRATEGIC REDEVELOPMENT OPPORTUNITY, AND PARTNER WITH LOCAL STAKEHOLDERS TO TRANSFORM IT INTO A VIBRANT COMMUNITY ASSET THAT EDWC MAY EITHER RETAIN OR SPIN OFF.- CATALYZE CHILDCARE ACCESS SOLUTIONS - CONVENE AND ENABLE PARTNERSHIPS AMONG EMPLOYERS, PROVIDERS, AND LOCAL GOVERNMENTS TO EXPAND LICENSED CHILDCARE CAPACITY , PILOT INNOVATION STAFFING AND FUNDING MODELS, AND ADDRESS THE WORKFORCE NEEDS AT BOTH ENDS OF THE SPECTURM - SUPPORTING WORKING FAMILIES WHILE STRENGTHENING THE PIPELINE OF CHILDCARE PROFESSIONALS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $1,086,822 | $1,206,839 | -0.1% |
| Expenses | $957,354 | $931,479 | +0.0% |
| Net Income | $129,468 | $275,360 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVE GOODNO | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISAIAH RICHIE | PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRED RECKNER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMI WINKLER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADAM KUJATH | MEMBER AT LARGE | 1.00 |
Director
|
$0 | $0 | $0 |
| BONNIE BAERWALD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON DAUL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET WILBER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY LECHUSZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT THOMEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE VOLKERT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANALIESE SMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID ERTMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN ERICSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY SONSTHAGEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN TSCHESCHLOK | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$168,211 | $17,142 | $185,353 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,086,822 | $957,354 | $2,299,565 | $129,468 |
| 2024 | No data | No data | No data | No data |
| 2023 | $1,106,235 | $826,027 | $1,171,167 | $280,208 |
| 2022 | $624,633 | $582,641 | $398,972 | $41,992 |
| 2021 | $543,113 | $541,389 | $327,809 | $1,724 |
| 2020 | $512,962 | $547,628 | $304,997 | $-34,666 |
| 2019 | $504,838 | $510,697 | $346,587 | $-5,859 |
| 2018 | $398,313 | $380,421 | $251,404 | $17,892 |
Compare WASHINGTON COUNTY ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Wisconsin and across the country.