Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1986.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
22 people listed on the 990; $74K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Tim Kabat | $100,459 | $98,171 | $87,673 | $54,279 | — |
| Jorge Beltran Until 092020 | — | — | — | — | $73,913 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See La Crosse Area Development Corporation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Attracts, retains, and supports businesses and industry in the La Crosse area.
Questions for La Crosse Area Development Corporation
Your first name shows with your question. La Crosse Area Development Corporation answers here, for everyone.
The la crosse area development corporation (ladco) serves as the initial contact for business and industry in the la crosse area. Ladco's mission focuses on a "triad of development": attraction of business, retention of business and industry, and co-management of the coulee region business center, small business incubator.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $384K | $333K |
| Land, buildings, equipmentLn 10c | $5K | $27K |
| Total assetsLn 16 | $402K | $385K |
| LiabilitiesLn 26 | $55K | $35K |
| Net assetsLn 32 | $348K | $350K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $24K | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $82K | |||
| Other salaries and wagesLn 7 | $64K | |||
| Pension plan contributionsLn 8 | $7K | |||
| Other employee benefitsLn 9 | $923 | |||
| Payroll taxesLn 10 | $11K | |||
| Accounting feesLn 11c | $18K | |||
| Advertising and promotionLn 12 | $536 | |||
| Office expensesLn 13 | $8K | |||
| OccupancyLn 16 | $8K | |||
| TravelLn 17 | $9K | |||
| Conferences, conventions and meetingsLn 19 | $14K | |||
| InterestLn 20 | $270 | |||
| Depreciation, depletion and amortizationLn 22 | $4K | |||
| InsuranceLn 23 | $5K | |||
| Other expenses (24a–d)Ln 24 | $10K | |||
| Total functional expensesLn 25 | $264K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS May 29, 2025 | $297K | $342K | −$45K | $374K | 990 PDF |
| FY2023Filed with the IRS Mar 27, 2024 | $244K | $240K | $4K | $419K | 990 PDF |
| FY2022Filed with the IRS Aug 28, 2023 | $306K | $267K | $39K | $415K | 990 PDF |
| FY2021Filed with the IRS Oct 11, 2022 | $294K | $267K | $27K | $377K | 990 PDF |
| FY2020 ViewingFiled with the IRS Sep 30, 2021 | $266K | $264K | $2K | $350K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $266,449 revenue, 12 lines filed
Part VI · Governance 22 of 22 board members independent, no flags
Part VIII · Statement of revenue $266,449 across 7 lines filed
Part IX · Statement of functional expenses $264,452 across 16 lines filed
Part X · Balance sheet $384,784 assets, 12 lines filed
Part XI · Reconciliation of net assets $349,548 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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