Grow North Regional Economic Development Corporation
Nonprofit profile at a glance
- EIN
- 201626778
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2011
- Location
- Rhinelander, WI, USA
- Phone
- 7152188727
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $103,918
- Expenses
- $125,231
- Assets
- $130,463
- Liabilities
- $21,865
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ANGIE CLOSE (PRESIDENT)
People named in this filing
- SARA GUILD (TREASURER)
- ANGIE CLOSE (PRESIDENT)
- JAYME SELLEN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assist in economic development in northern Wisconsin
What it reported doing in 2025
Workforce development - our goal is to stimulate business in the northwoods by partnering with other agencies with the same end goal.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 23
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.5%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 63.9%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.7% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.