Beaver Dam Area Development Corporation

Not tax-deductible

Beaver Dam, WI501(c)(6)Since 1997EIN 39-1882652

The development corporation will undertake programs and initiatives intended to stimulate additional economic development within the city, thereby expanding the city tax base and creating jobs for city residents.

$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
5 of 6
years in the black
Worth a look: 1 of the last 6 filings shows a deficit.
Pt I · Ln 19 · 6 filings
What are leaders paid?
$200K
to officers and key staff · 78% of spending
Concern: leaders' pay is 78% of spending; over 30% is a concern.
Pt VII · Sec A
Do they have reserves?
186 mo
of spending, in cash
Looks good: 186.1 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Do they carry debt?
$0
liabilities
Looks good: debts are 0% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
11
independent of 11 voting board members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$365K
+11% vs prior year
Spent
$256K
Net assets
$4.2M
By yearFY2020–FY2025
Revenue
$365K
FY2025▲ +11%
Revenue by fiscal year
FY2020$231K
FY2021$203K
FY2022$212K
FY2023$314K
FY2024$328K
FY2025$365K
Expenses
$256K
FY2025▼ -3%
Expenses by fiscal year
FY2020$189K
FY2021$261K
FY2022$189K
FY2023$200K
FY2024$265K
FY2025$256K
Net assets
$4.2M
FY2025▲ +3%
Net assets by fiscal year
FY2020$3.9M
FY2021$3.9M
FY2022$3.9M
FY2023$4.0M
FY2024$4.1M
FY2025$4.2M

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CBeaver Dam Area Development Corporation
EINHdr · item D39-1882652
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFSep 1997
Year of formationHdr · item L1997
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CBeaver Dam, WI
NTEE classificationIRS BMFNonprofit

Financial health

Is it on solid ground?

Operating surplus
+30%
revenue over expenses▲ +56% vs prior filing year
Earned revenue
55%
of revenue from program services & dues▼ -10% vs prior filing year
Payroll share
92%
of spending is salaries & benefits▲ +16% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$4.2M
FY2025▲ +3%
Total assets by fiscal year
FY2020$3.9M
FY2021$3.9M
FY2022$3.9M
FY2023$4.0M
FY2024$4.1M
FY2025$4.2M
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$109K
Total assetsPt X · Ln 16$4.2M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$4.0M
Total assetsLn 16$4.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.2M
Months of cash on handcomputed186.1

Statement of Revenue

Part VIII
Program service revenue$200K · 55%
Investment income$165K · 45%
Program service revenue55%$200K
Investment income45%$165K
Total revenueLn 12$365K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.0M · Operating expenses/yr $256K
186.1 months
Where the money goes
Program services
Program services — · Total expenses $256K
—
Management & General
Management & general — · Total expenses $256K
—
Fundraising
Fundraising — · Total expenses $256K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $365K
0%
Government reliance
Government grants — · Total revenue $365K
—
Earned-income share
Program service revenue $200K · Total revenue $365K
55%
Investment reliance
Investment income $165K · Total revenue $365K
+45%
Program self-sufficiency
Program service revenue $200K · Total expenses $256K
78%
Growth & trend
Revenue growth (YoY)
This year $365K · Prior year $328K
+11%
Revenue CAGR
FY2020 $231K · FY2025 $365K
+10%
Net-asset trend (YoY)
End of year $4.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $365K · Expenses $256K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $4.2M
—
Net-asset ratio
Net assets $4.2M · Total assets $4.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Trent Campbell · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $200K · Total expenses $256K
78%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $236K · Total expenses $256K
92%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 11%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$200,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Trent Campbell$200,000$175,000$150,000$136,350$136,350$136,350

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 Beaver Dam Area Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Stimulates economic development through programs and initiatives in the Beaver Dam, Wisconsin area.

Provided by the organization

This section is blank until Beaver Dam Area Development Corporation claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.
01

Economic Development Activities Include

(1) continuing to provide assistance to the city of beaver dam in its development of additional business parks, (2) continued efforts at opening lines of communications with prospective businesses investigating business expansion or relocation and, (3) meeting with community business leaders and local government officials to continue…

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $81K · 2021–2021
Centro INCFY2021$51,000
Classic Brands LLCFY2021$30,000

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $365K$256K+11% 990 PDF
FY2024 $328K$265K+5% 990 PDF
FY2023 $314K$200K+48% 990 PDF
FY2022 $212K$189K+4% 990 PDF
FY2021 $203K$261K-12% 990 PDF
FY2020 $231K$189K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $256,491 across 10 lines filed
IX-5 Pay of current officers, directors and key staff$200,000
IX-9 Other employee benefits$22,000
IX-10 Payroll taxes$13,877
IX-11a Management fees$4,820
IX-11c Accounting fees$5,090
IX-11g Other fees for services$175
IX-13 Office expenses$2,363
IX-16 Occupancy$3,930
IX-23 Insurance$3,544
IX-24 Other expenses (24a–d)$692
IX-25 Total functional expenses$256,491

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Beaver Dam Area Development Corporation →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.