Jackson Economic Development Corporation
Jackson Economic Development Corporation's network
17 people4 organisationsi17 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (17). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
17 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 17 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Bill Henning | Director | 2018 | 8 yrs |
| Brad Anderson | Director | 2018 | 8 yrs |
| Brandon Finck | Director | 2018 | 8 yrs |
| Chelsea Honnette | President | 2021 | 5 yrs |
| Clayton Lewis | Director | 2018 | 8 yrs |
| Dave Lovell | Director | 2018 | 8 yrs |
| Donald Kuehl | Treasurer | 2018 | 8 yrs |
| Jan Fransen | Director | 2018 | 8 yrs |
| Kent Bargfrede | Director | 2018 | 8 yrs |
| Molly Fransen | Director | 2024 | 2 yrs |
| Richard Koch | Director | 2018 | 8 yrs |
| Richard Reed | Company secretary | 2018 | 8 yrs |
| Robert Arp | Vice President | 2020 | 6 yrs |
| Scott Reimer | Director | 2019 | 7 yrs |
| Shawn Foster | Director | 2021 | 5 yrs |
| Todd Asa | Director | 2018 | 8 yrs |
| Troy Rasmussen | Director | 2020 | 6 yrs |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Brad Anderson | Director | 2 | $0 | ||
| Jan Fransen | Director | 2 | $0 | ||
| Brandon Finck | Director | 2 | $0 | ||
| Richard Reed | Secretary | 2 | $0 | ||
| Richard Koch | Director | 2 | $0 | ||
| Robert Arp | Vice President | 2 | $0 | ||
| Todd Asa | Director | 2 | $0 | ||
| Scott Reimer | Director | 2 | $0 | ||
| Donald Kuehl | Treasurer | 2 | $0 | ||
| Kent Bargfrede | Director | 2 | $0 | ||
| Clayton Lewis | Director | 2 | $0 | ||
| Dave Lovell | Director | 2 | $0 | ||
| Bill Henning | Director | 2 | $0 | ||
| Troy Rasmussen | Director | 2 | $0 | ||
| Molly Fransen | Director | 2 | $0 | ||
| Shawn Foster | Director | 2 | $0 | ||
| Chelsea Honnette | President | 2 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Jackson Economic Development Corporation
- EIN
- 113690424
- Address
- Po Box 183, Jackson, MN, 56143-0183
- State
- Minnesota
- Mission
- Organization's primary function is to improve and develop the industrial needs of the community and to assist in creating jobs. The Organization is engaged principally in the development, leasing, and sale of Organization-owned properties in the Jackson, Minnesota area. (as filed on the Form 990)
- Activity (NTEE)
- S31 Community improvement and capacity building
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 7 (IRS master file code)
- Formed
- 2003
- Principal officer
- Chelsea Honnette (as named on the Form 990)
- IRS ruling date
- 1 February 2004
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsBill Henning
≥8years on the filingsBrad Anderson
≥8years on the filingsBrandon Finck
≥8years on the filingsClayton Lewis
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $7.2m
- Total liabilities
- $949k
- Net assets or fund balances
- $6.2m
- Contributions and grants received
- $0
- Program service revenue
- $330k
- Employees
- 0
- Volunteers
- 16
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $446k | $139k | $308k |
As filed on the IRS Form 990. US dollars.