ECONOMIC DEVELOPMENT PARTNERSHIP OF WRIG

EIN: 411761424 501(c)(3) Community Improvement

DELANO, MN

Total Revenue
$231,072
Total Expenses
$218,761
Total Assets
$282,701
Net Assets
$281,661
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MN
Principal Officer
ROB STARK
Phone
7634965632
Tax Period
2025-01-01 to 2025-12-31

ECONOMIC DEVELOPMENT PARTNERSHIP OF WRIG, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $231K in total revenue in fiscal year 2025. Expenses of $219K left a modest 5% surplus.

Mission

PROMOTE ECONOMIC DEVELOPMENT WITHIN WRIGHT COUNTY.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $198,020
Program Service Revenue $15,349
Investment Income $7,826
Other Revenue $9,877
TOTAL REVENUE $231,072

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,658
Fundraising Expenses $8,636
Program Expenses $174,630
Other Expenses $110,103
TOTAL EXPENSES $218,761

Year-over-Year Comparison

2025 2024 Change
Revenue $231,072 $223,376 +0.0%
Expenses $218,761 $252,962 -0.1%
Net Income $12,311 $-29,586 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
2
Volunteers
30

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
3
$0
Total Directors
17
$80,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK BAUMGARD CHAIR 1.00
Officer Director
$0 $0 $0
ROB STARK VICE CHAIR 1.00
Officer Director
$0 $0 $0
RANDY VOELLER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
SCOTT JOHNSON PAST CHAIR 1.00
Director
$0 $0 $0
PHIL KERN BOARD MEMBER 1.00
Director
$0 $0 $0
DAREK VETSCH BOARD MEMBER 1.00
Director
$0 $0 $0
TIM ZIPOY BOARD MEMBER 1.00
Director
$0 $0 $0
GENE JANIKULA BOARD MEMBER 1.00
Director
$0 $0 $0
MARC WEIGLE BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN NUTTER BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS BARTA BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE MELTON BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY HINNENKAMP BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA ZACHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
NADINE SCHOEN BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES CONELY BOARD MEMBER 1.00
Director
$0 $0 $0
MELLISSA MEIDINGER EXECUTIVE DIRECTOR 40.00
Director
$80,000 $0 $80,000
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 $231,072 $218,761 $282,701 $12,311
2024 $223,376 $252,962 $270,701 $-29,586
2023 $264,762 $334,832 $298,936 $-70,070
2022 $236,066 $289,171 $369,006 $-53,105
2021 $228,332 $227,828 $422,111 $504
2020 $510,680 $209,447 $421,607 $301,233
2019 $179,736 $178,859 $120,374 $877
2018 $190,122 $177,711 $119,497 $12,411
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