Wright Path Ltd
- Assets
- $188.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Richmond, WI
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 37-1904972
Organization Overview
Wright Path Ltd is located in New Richmond, WI. The organization was established in 2018. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wright Path Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wright Path Ltd generated $34.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $30.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WRIGHT PATH LTD. OWNS A TWO APARTMENT RESIDENCE THAT PROVIDES HOUSING FOR FIVE POOR OR DISABLED INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Father John Anderson Board Member | 1 | $0 | |
Gary Bakke Board Member | 1 | $0 | |
Ryan Larue Board Member | 1 | $0 | |
Dawn Swanson Board Member | 1 | $0 | |
Katie Swanson Board Member | 1 | $0 | |
Julie Zuberbier Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,300 |
| Total Program Service Revenue | $16,260 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,305 |
| Other Revenue | $0 |
| Total Revenue | $34,865 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $28,858 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,661 |
| Total expenses | $30,519 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,970 |
| Other assets | $0 |
| Total assets | $188,803 |
| Total liabilities | $122,202 |
| Net assets or fund balances | $66,601 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wright Path Ltd has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Home And Community Options Inc Winona, MN | $11,542,509 | $9,788,629 |
Phm New Richmond Senior Housing Inc Roseville, MN | $18,158,628 | $8,376,438 |
Lake View Towers Residents Association Inc Chicago, IL | $58,558,713 | $9,007,735 |
Mht Housing Inc Bingham Farms, MI | $103,750,395 | $19,352,676 |
Greater Minnesota Housing Fund St Paul, MN | $209,115,546 | $19,170,053 |
American Indian Community Development Corporation Minneapolis, MN | $37,892,319 | $10,832,403 |
Habitat For Humanity International Inc Madison, WI | $16,210,690 | $8,401,610 |
Saints Incorporated Wayne, MI | $4,505,745 | $8,843,014 |
Phw Menomonee Falls Inc Roseville, MN | $45,125,918 | $7,810,658 |
Homes Of Opportunity Incorporated Grand Rapids, MI | $1,211,913 | $7,041,682 |
Habitat For Humanity International Inc Menasha, WI | $15,348,102 | $7,467,447 |
Habitat For Humanity International Inc Ann Arbor, MI | $11,009,731 | $7,460,340 |