The Greater Beloit Economic Development Corporation
The mission of the Greater Beloit Economic Development Corporation ("corporation") is to foster investment and job growth in the economy thereby improving the quality of life, educational attainment, housing availability and prosperity for all in the greater beloit region.
The Greater Beloit Economic Development Corporation at a glance
- Total assets
- $1,261,016
- -1.3% vs 2023
- Revenue (2024)
- $161,789
- +1.2% vs 2023
- Net investment income (2024)
- $7,778
- +57.1% vs 2023
- Expenses (2024)
- $177,560
- +34.3% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to The Greater Beloit Economic Development Corporation
Open Grants
3 open opportunities from The Greater Beloit Economic Development Corporation
Downtown Upper Floor Housing Grant
The Greater Beloit Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
GBEDC Discretionary Grant Program
The Greater Beloit Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
West Side Vitality Grant
The Greater Beloit Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
Who The Greater Beloit Economic Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $30K (2022) to $524K (2020). In 2022 it made 1 grant totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wisconsin Early Childhood Association Fitchburg, WI | To Conduct Training for Child Care Entrepreneurs | $30,000 |
Ready to take the next step with The Greater Beloit Economic Development Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,261,016 | $161,789 | $177,560 | — | — | $7,778 |
| 2023 | $1,278,083 | $159,854 | $132,173 | — | — | $4,952 |
| 2022 | $1,249,106 | $238,569 | $165,845 | $30,000 | 1 | $247 |
| 2021 | $1,185,539 | $106,256 | $455,638 | $270,228 | 3 | $81 |
| 2020 | $1,541,749 | $101,293 | $610,851 | $523,656 | 1 | $73 |
| 2019 | $2,826,496 | $119,016 | $79,340 | — | — | $894 |
About The Greater Beloit Economic Development Corporation
Based on IRS filings
The Greater Beloit Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Beloit, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.3M in total assets. Net investment income was $8K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Greater Beloit Economic Development Corporation is led by Drew Pennington, President & CEO on every filing since 2022; none of the 45 officers listed in 2024 report compensation.
Officers on the 2024 filing
Drew Pennington
President & CEO
On filings since 2022
20 hrs/week
No compensation reported
Tim Oswald
Chair
Vice Chair → Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Jerry Klobucar
Director
Director → Vice Chair, 2020
Vice Chair → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Rob Gerbitz
Director
On filings since 2019
1 hr/week
No compensation reported
Ryan Steuck
Director
On filings since 2019
1 hr/week
No compensation reported
Tom Finley
Director
On filings since 2019
1 hr/week
No compensation reported
Tom Gilbank
Director
On filings since 2019
1 hr/week
No compensation reported
Tom Valentyn
Director
On filings since 2019
1 hr/week
No compensation reported
Tracy Pierner
Director
On filings since 2019
1 hr/week
No compensation reported
Cole Weiser
Director
On filings since 2020
1 hr/week
No compensation reported
Seth Frisbee
Director
On filings since 2020
1 hr/week
No compensation reported
Tara Tinder
Director
On filings since 2021
1 hr/week
No compensation reported
Tim Wellnitz
Director
On filings since 2021
1 hr/week
No compensation reported
Collin Keeton
Director
On filings since 2022
1 hr/week
No compensation reported
Dan Risse
Director
On filings since 2022
1 hr/week
No compensation reported
Dennis McCarthy
Director
On filings since 2022
1 hr/week
No compensation reported
Erica Daniels
Director
On filings since 2022
1 hr/week
No compensation reported
Frank Scholz
Director
On filings since 2022
1 hr/week
No compensation reported
Jerry Ritzert
Director
On filings since 2022
1 hr/week
No compensation reported
Joe Contarino
Director
On filings since 2022
1 hr/week
No compensation reported
Keith Rozolis
Director
On filings since 2022
1 hr/week
No compensation reported
Kristi Cole
Director
On filings since 2022
1 hr/week
No compensation reported
Marc Perry
Director
On filings since 2022
1 hr/week
No compensation reported
Mark Rand
Director
On filings since 2022
1 hr/week
No compensation reported
Nick Dimassis
Director
On filings since 2022
1 hr/week
No compensation reported
Rob Ramer
Director
On filings since 2022
1 hr/week
No compensation reported
Shawn Sullivan
Director
On filings since 2022
1 hr/week
No compensation reported
Sonya Hoppes
Director
On filings since 2022
1 hr/week
No compensation reported
Willie Garrison II
Director
On filings since 2022
1 hr/week
No compensation reported
Homer Auge
Director
On filings since 2023
1 hr/week
No compensation reported
Jeff Vohs
Director
On filings since 2023
1 hr/week
No compensation reported
Jerry Gabrielatos
Director
On filings since 2023
1 hr/week
No compensation reported
Kevin King
Director
On filings since 2023
1 hr/week
No compensation reported
Kimberly Mueller
Director
On filings since 2023
1 hr/week
No compensation reported
Nancy Clark-Mather
Director
On filings since 2023
1 hr/week
No compensation reported
Peter Marsing
Director
On filings since 2023
1 hr/week
No compensation reported
Scott Fisher
Director
On filings since 2023
1 hr/week
No compensation reported
Alison Hess
Director
New on the 2024 filing
1 hr/week
No compensation reported
Elizabeth Horvath
Director
New on the 2024 filing
1 hr/week
No compensation reported
Scott Kunes
Director
New on the 2024 filing
1 hr/week
No compensation reported
Shelby Visintin
Director
New on the 2024 filing
1 hr/week
No compensation reported
Tami Scarpetta
Director
New on the 2024 filing
1 hr/week
No compensation reported
Regina Dunkin
Immediate Past Chair
Director → Chair, 2022
Chair → Immediate Past Chair, 2024
On filings since 2019
1 hr/week
No compensation reported
Ann Hankins
Vice Chair
Director → Vice Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Mike Pokel
Secretary & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (36)
- Former: Allen Brewer (2019–2023) — Director
- Former: Frank McKearn (2019–2023) — Immediate Past Chair
- Former: Ryan Greendeer (2019–2023) — Director
- Former: Todd James (2019–2023) — Director
- Former: Ron Whitley (2020–2023) — Director
- Former: Bill Alt (2022–2023) — Director
- Former: Matt Finley (2022–2023) — Director
- Former: Diane Gustafson (2019–2022) — Director
- Former: Kevin Day (2019–2022) — Director
- Former: Lori Curtis Luther (2019–2022) — Director
- Former: Ted Rehl (2019–2022) — Director
- Former: Daniel Keyser (2020–2022) — Director
- Former: Jim Egan (2020–2022) — Director
- Former: Jennifer Hall (2021–2022) — President & CEO
- Former: Amy Cralam (2022) — Director
- Former: Brian Volbright (2022) — Secretary & Treasurer
- Former: Elizabeth Krueger (2022) — Director
- Former: Jack Walden (2022) — Director
- Former: Brian Morello (2019–2021) — Director
- Former: Joe Stadelman (2019–2021) — Director
- Former: Erin Clausen (2020–2021) — Director
- Former: Aimee Thurner (2021) — Director
- Former: Celestino Ruffini (2021) — Director
- Former: Donna Walker (2021) — Director
- Former: Jason Roland (2021) — Director
- Former: Matt Finnegan (2021) — Director
- Former: Shauna El-Amin (2021) — Director
- Former: Andrew Janke (2019–2020) — President & CEO
- Former: John Franks (2019–2020) — Director
- Former: Brian Anderson (2019) — Chair of the Board
- Former: Chris Till (2019) — Director
- Former: Jeff Klett (2019) — Director
- Former: Keith Kruse (2019) — Director
- Former: Melissa Seipel (2019) — Director
- Former: Ryan Benton (2019) — Director
- Former: Stanley Munro (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Greater Beloit Economic Development Corporation
How large is The Greater Beloit Economic Development Corporation?
The Greater Beloit Economic Development Corporation reported $1.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $162K.
What is The Greater Beloit Economic Development Corporation?
The Greater Beloit Economic Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Beloit, WI. It holds $1.3M in total assets as of 2024.
Where does The Greater Beloit Economic Development Corporation operate?
The Greater Beloit Economic Development Corporation has awarded grants in Wisconsin.
What is The Greater Beloit Economic Development Corporation's EIN?
The Greater Beloit Economic Development Corporation's EIN (Employer Identification Number) is 39-1981445. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 11, 2023)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work The Greater Beloit Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in The Greater Beloit Economic Development Corporation's focus areas in our free grants database
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