NonprofitsProgress Lakeshore Inc

Community Improvement & Capacity Building

Progress Lakeshore Inc

MANITOWOC, WI

Total revenue

$299K

Total expenses

$351K

Net assets

$232K

Grants received

$123K

6 grants

EIN

200419691

Tax year

2024

Mission

To assist local businesses in their growth in the manitowoc county area and to attract new businesses to the manitowoc county area.

Programs

5 programs

Striving to support the success of our early-stage businesses, progress lakeshore offers a business mentoring program called circles of 7, or c7. Based on the idea that businesses learn best from each other, a seasoned local business owner is assigned to a group of six early-stage businesses to form a mentor-protege support circle. Each circle meets monthly for nine months to cover a specific curriculum and other topics based on participants' needs. This program ran from september 2024 - may 2025. We had one circle.

Shorter than our etp course, our entrepreneurial boot camps are designed to be a starting point for exploring the mindset, resources and regulatory environment entrepreneurs need to consider when starting a business. In 2024, we had 29 participants between our four boot camps. We had a general business boot camp and three focused boot camps on non-profit, childcare and food.

Perfect your pitch is a series of videos designed to help budding entrepreneurs nail down their elevator pitch, perfect speaking in public, and learn the basics of pitching a business idea, in preparation for participating in our annual level up pitch contest. The level up pitch contest is presented by progress lakeshore and regional partners. The event includes a pitch by each entrepreneur and a question-and-answer period with local judges. Winner(s) receive prize money and services. This event offers in person and live-stream viewing options.the level up pitch contest had 8 participants. Winners (first and second) went on to compete at the regional pitch event.

Our entrepreneur training program is an immersive course offered in conjunction with the wisconsin small business development center. The eight-week sessions equip aspiring entrepreneurs to start and grow successful businesses. Participants are provided with information, tips, exercises, and tools to help evaluate their business ideas and develop their business plans. There were 17 individuals who participanted in this program. Three of the businesses competed in our pitch contest as well.

Founders connection brings together small business owners to connect, expand networks and gain valuable insights that can propel businesses forward. The evening highlights lessons learned from a local entrepreneur's journey or a resource for addressing the challenges small businesses may face. Conversations take place over coffee, and the event creates opportunity for networking with a purpose. Networking events are held quarterly. There was a grand total of 37 attendees between all 4 of the events.

Financials

FY 2024

Revenue

Contributions & grants$277K
Program service revenue$17K
Investment income$11K
Other revenue
Total revenue$299K

Expenses

Grants paid
Salaries & benefits$233K
Fundraising
Other expenses$118K
Total expenses$351K
Total assets$279K
Net assets$232K

People

26 listed

NameRoleCompensation

JAMIE ZASTROW

EXECUTIVE DIRECTOR

Board

$79K

40 hrs/wk

GREG JAGEMANN

BOARD MEMBER - APRIL 2024

Board

0.5 hrs/wk

JUDY FERRY

EX OFFICIO

Board

0.25 hrs/wk

JUSTIN NICKELS

EX OFFICIO

Board

0.25 hrs/wk

KAITLIN BRICE

BOARD MEMBER

Board

0.5 hrs/wk

ABBEY QUISTORF

EX OFFICIO

Board

0.25 hrs/wk

MICHAEL YEH

BOARD MEMBER

Board

0.5 hrs/wk

MICHELLE FROEHLKE

BOARD MEMBER

Board

0.5 hrs/wk

SETH ZIPPERER

BOARD MEMBER - TREASURER

Board

1 hrs/wk

SCOTT FERGUSON

BOARD MEMBER

Board

0.5 hrs/wk

TODD GLOVER

BOARD MEMBER

Board

0.5 hrs/wk

DOUG SCHWALBE

BOARD MEMBER

Board

0.5 hrs/wk

BILL SCHLEI

BOARD MEMBER

Board

0.5 hrs/wk

ROBERT SEAL

BOARD MEMBER - VP (JAN-APR) PRESIDENT (MAY-DEC)

Board

1 hrs/wk

MICHELLE SZYMIK

BOARD MEMBER - SECRETARY

Board

1 hrs/wk

MYLEA JUIDICI

BOARD MEMBER

Board

0.5 hrs/wk

ERIC SITKIEWITZ

BOARD MEMBER - PRESIDENT (JAN-APR)

Board

1 hrs/wk

AMY TOWNSEND

BOARD MEMBER

Board

0.5 hrs/wk

TANYA BOMAN

BOARD MEMBER

Board

0.5 hrs/wk

NICK MURRAY

BOARD MEMBER

Board

0.5 hrs/wk

CORY ERLANDSON

BOARD MEMBER

Board

0.5 hrs/wk

DAVID FUNKHOUSER

EX OFFICIO

Board

0.25 hrs/wk

STACY GRUNWALD

EX OFFICIO

Board

0.25 hrs/wk

RYAN KAUTH

BOARD MEMBER

Board

0.5 hrs/wk

ANGIE ULNESS

BOARD MEMBER

Board

0.5 hrs/wk

TROY ADAMS

BOARD MEMBER - VICE PRESIDENT (MAY-DEC)

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$11K
WI PROVIDER STIPENDS
2023
$7K
GENERAL SUPPORT AND SUPPORT FOR NEIGHBORHOOD DEVELOPMENT
2023
$75K
IMPLEMENTATION OF THE COMMUNITY'S STRATEGIC SUPPLY BUILDING PLAN FOR THEIR CHILD CARE NEEDS.
2022
$10K
SUPPORT A FEASIBILITY STUDY ON OPERATING A TECH INCUBATOR IN MANITOWOC COUNTY, WI
2022
$8K
GENERAL SUPPORT
2022
$13K
GENERAL SUPPORT
2021

Funded by

$123K from 4 funders · 6 grants · 2021–2023

First Children's Finance

$86K · 2 grants · 2022–2023

Holy Family Memorial Inc

$20K · 2 grants · 2021–2023

Wbd Inc

$10K · 1 grant · 2022

Progress Lakeshore Foundation Inc

$8K · 1 grant · 2022

Details

EIN200419691
NTEE codeS30
Subsection06
Ruling date2005-12
Formed2004
Employees6
Volunteers35
PROGRESS LAKESHORE INC — Mission, Financials & Grants Received | Grantivo