Nonprofit · EIN 39-1817867
REGIONAL BUSINESS FUND INC
Tax-exempt · EAU CLAIRE, WI 54703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $921,520 | $574,205 | $347,315 | $17,216,774 | $108,541 | $17,108,233 |
| December 31, 2024 | 990 | $710,474 | $530,041 | $180,433 | $16,887,076 | $126,158 | $16,760,918 |
| December 31, 2023 | 990 | $692,251 | $447,197 | $245,054 | $16,694,076 | $113,591 | $16,580,485 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $250,092
- of which government grants
- $250,092
- Program service revenue
- $600,578
- Investment income
- $70,850
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $21,625
- Accounting fees
- $13,221
- Travel
- $1,114
Balance sheet and other
- Total assets, start of year
- $16,887,076
- Total assets, end of year
- $17,216,774
- Total liabilities, end of year
- $108,541
- Net assets, end of year
- $17,108,233
- Net assets without donor restrictions
- $17,108,233
- Gross receipts
- $921,520
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1995
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARK YOLITZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AARON MORK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAN LYTLE | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| REBECCA REINHARDT | DIRECTOR Trustee or director | 1 | $0 |
| DEB CHILSON | DIRECTOR Trustee or director | 1 | $0 |
| MAI XIONG | DIRECTOR Trustee or director | 1 | $0 |
| JAMES SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| PAM FALL | DIRECTOR Trustee or director | 1 | $0 |
| AARON SUNDEEN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARK YOLITZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AARON MORK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAN LYTLE | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| REBECCA REINHARDT | DIRECTOR Trustee or director | 1 | $0 |
| DEB CHILSON | DIRECTOR Trustee or director | 1 | $0 |
| MAI XIONG | DIRECTOR Trustee or director | 1 | $0 |
| JAMES SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| PAM FALL | DIRECTOR Trustee or director | 1 | $0 |
| AARON SUNDEEN | DIRECTOR Trustee or director | 1 | $0 |
| STACY NEUMAN | DIRECTOR - PART YEAR Trustee or director | 1 | $0 |
| MARINA ONKEN | DIRECTOR - PART YEAR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARK YOLITZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AARON MORK | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAN LYTLE | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| DALE JORGENSON | PRESIDENT (PART YEAR) Trustee or director, Officer | 1 | $0 |
| GRETCHEN HUDACEK | VICE PRESIDENT (PART YEAR) Trustee or director, Officer | 1 | $0 |
| REBECCA REINHARDT | BOARD MEMBER Trustee or director | 1 | $0 |
| DIANE MURPHY | BOARD MEMBER (PART YEAR) Trustee or director | 1 | $0 |
| STACY NEUMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DEB CHILSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MAI XIONG | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES SCHMIDT | BOARD MEMBER Trustee or director | 1 | $0 |
| MARINA ONKEN | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 800 WISCONSIN ST UNIT 9, EAU CLAIRE, WI 54703-3521
- In care of
- % GERALD L CHASTEEN
- Principal officer (990 for 2025)
- CLARK YOLITZ, 800 WISCONSIN STREET MAIL BOX 9, EAU CLAIRE, WI 54703
- Signed the 990
- CLARK YOLITZ, PRESIDENT
- Phone
- (715) 836-2918
- Website
- WWW.RBFINC.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE REGIONAL BUSINESS FUND, INC. IS A NON-PROFIT ECONOMIC DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT IN WEST CENTRAL WISCONSIN. THE REGIONAL BUSINESS FUND, INC. OFFERS LOW INTEREST LOAN FUNDS TO BUSINESSES THAT EXPAND WITHIN THE REGION, DIVERSIFY THE ECONOMY, ADD NEW TECHNOLOGY, REVITALIZE BUILDINGS IN THE REGION'S DOWNTOWNS, AND CREATE QUALITY JOBS AND CAPITAL INVESTMENT IN THE REGION.
Program accomplishments
- THE RBF, INC. MANAGES REVOLVING LOAN FUNDS THAT PROVIDE LOW-COST FINANCING TO AREA BUSINESSES. THE FUND WAS CAPITALIZED BY GRANTS FROM THE ECONOMIC DEVELOPMENT ADMINISTRATION OF THE U.S. DEPT. OF COMMERCE AND COMMUNITY DEVELOPMENT BLOCK GRANTS AND BROWNFIELDS ECONOMIC DEVELOPMENT INITIATIVE/SPECIAL PROJECT GRANTS OF THE U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1817867
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $17,216,774
- Income (IRS master file)
- $921,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $921,520 | $574,205 | $17,216,774 | XML |
| 990 | December 2024 | $710,474 | $530,041 | $16,887,076 | XML |
| 990 | December 2023 | $692,251 | $447,197 | $16,694,076 | XML |
| 990 | December 2022 | $728,736 | $390,302 | $16,433,874 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1817867).
Questions about REGIONAL BUSINESS FUND INC
- What is the EIN of REGIONAL BUSINESS FUND INC?
- The employer identification number (EIN) of REGIONAL BUSINESS FUND INC is 39-1817867.
- Is REGIONAL BUSINESS FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to REGIONAL BUSINESS FUND INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does REGIONAL BUSINESS FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REGIONAL BUSINESS FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REGIONAL BUSINESS FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of REGIONAL BUSINESS FUND INC?
- The 990 for the year ended December 31, 2025 names CLARK YOLITZ.
- Who are the officers and directors of REGIONAL BUSINESS FUND INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does REGIONAL BUSINESS FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $921,520, expenses of $574,205 and total assets of $17,216,774 at year end.
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