GATEWAY INDUSTRIAL PARK CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

KARL HOESLY

Phone

7158343411

Tax Period

2025-01-01 to 2025-12-31

GATEWAY INDUSTRIAL PARK CORPORATION, founded in 1984, is a small nonprofit that reported $621K in total revenue in fiscal year 2025. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 32% operating margin.

Mission

GATEWAY INDUSTRIAL PARK CORPORATION'S PURPOSE IS TO ACQUIRE, OWN, AND DEVELOP INDUSTRIAL AND COMMERCIAL PROPERTY, TO SELL OR LEASE INDUSTRIAL AND COMMERCIAL PROPERTY, AND TO PROMOTE SAID PROPERTY FOR THE PURPOSE OF ENCOURAGING COMMERCIAL AND INDUSTRIAL DEVELOPMENT AND THE CREATION OF JOB OPPORTUNITIES IN AND AROUND EAU CLAIRE, WISCONSIN.

Program Service Accomplishments

Program 1

THE CORPORATION OWNS AND OPERATES THE GATEWAY BUSINESS PARK IN THE CITY OF EAU CLAIRE, WI. THE CORPORATION WILL CONSIDER THE ECONOMIC IMPACT OF PROJECTS THAT PURCHASE PROPERTY FROM THE CORPORATION...

THE CORPORATION OWNS AND OPERATES THE GATEWAY BUSINESS PARK IN THE CITY OF EAU CLAIRE, WI. THE CORPORATION WILL CONSIDER THE ECONOMIC IMPACT OF PROJECTS THAT PURCHASE PROPERTY FROM THE CORPORATION. BASED ON MERIT OF THE PROJECT, TIED TO BUILDING INVESTMENT AND JOBS CREATION, THE BOARD OF DIRECTORS WILL CONSIDER REDUCTION OF LAND PRICE REQUESTS ON A CASE BY CASE BASIS. THE CORPORATION ALSO OWNS AN INDUSTRIAL BUILDING THAT IT LEASES TO A MANUFACTURING TENANT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $308,222

Investment Income $312,633

Other Revenue $0

TOTAL REVENUE $620,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $423,854

TOTAL EXPENSES $423,854

Year-over-Year Comparison

	2025	2024	Change
Revenue	$620,855	$363,091	+0.7%
Expenses	$423,854	$443,846	0.0%
Net Income	$197,001	$-80,755	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARL HOESLY	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVE SOLBERG	VICE PRESIDENT/ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
BEN TRACHSEL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$620,855	$423,854	$8,807,575	$197,001
2024	$363,091	$443,846	$8,724,355	$-80,755
2023	$541,171	$392,549	$8,927,408	$148,622
2022	$443,235	$392,219	$8,376,671	$51,016
2021	$1,756,983	$557,407	$8,337,665	$1,199,576
2020	$333,002	$410,733	$7,320,865	$-77,731
2019	$403,051	$436,213	$7,555,227	$-33,162
2018	$635,049	$483,157	$7,728,308	$151,892