Forward Janesville Inc
- Assets
- $552.6k
- Revenue
- $685.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Janesville, WI
- Founding
- 06/1987
- Data as of
- 02/2022
- EIN
- 39-0212060
Organization Overview
Forward Janesville Inc is located in Janesville, WI. The organization was established in 1987. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 02/2022, Forward Janesville Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forward Janesville Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 02/2022, Forward Janesville Inc generated $685.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $568.7k during the year ending 02/2022. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY DEVELOPMENT AND SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCE AND PROMOTE THE AGRICULTURAL, COMMERCIAL, INDUSTRIAL, TRANSPORTATION, AND CIVIC WELFARE OF JANESVILLE, WI AND SURROUNDING TERRITORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Beckord President | Officer | 40 | $99,767 |
Dan Cunningham Vice President | Officer | 40 | $73,927 |
Oakleigh Ryan Chair | OfficerTrustee | 3 | $0 |
Tim Lindau Vice Chair | OfficerTrustee | 3 | $0 |
David Hiller Treasurer | OfficerTrustee | 3 | $0 |
Lynn Gardinier Past Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $82,063 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,063 |
| Total Program Service Revenue | $540,235 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $63,462 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $685,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $259,593 |
| Pension plan accruals and contributions | $33,603 |
| Other employee benefits | $16,030 |
| Payroll taxes | $20,469 |
| Fees for services: Management | $8,984 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $75,156 |
| Information technology | $5,134 |
| Royalties | $0 |
| Occupancy | $33,902 |
| Travel | $664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,698 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,110 |
| Insurance | $6,411 |
| All other expenses | $8,449 |
| Total functional expenses | $568,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,087 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,306 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,337 |
| Net Land, buildings, and equipment | $181,885 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $552,615 |
| Accounts payable and accrued expenses | $7,835 |
| Grants payable | $0 |
| Deferred revenue | $262,326 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $18,979 |
| Other liabilities | $11,094 |
| Total liabilities | $300,234 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $252,381 |
| Total liabilities and net assets/fund balances | $552,615 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Forward Janesville Inc has recieved totaling $51,400.
| Awarding Organization | Amount |
|---|---|
Blackhawk Community Credit Union Janesville, WI PURPOSE: GENERAL SUPPORT | $41,400 |
Ssm Health Care Of Wisconsin Inc St Louis, MO PURPOSE: General support | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peoples Cooperative Services Oronoco, MN | $177,535,847 | $51,884,380 |
Ann Arbor Spark Ann Arbor, MI | $15,665,812 | $11,784,140 |
Benedictine Living Community Owatonna Minneapolis, MN | $16,154,920 | $11,439,984 |
German-American Chamber Of Commerce Of The Midwest Chicago, IL | $9,537,423 | $9,672,106 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
The Chicago Association Of Realtors Inc Chicago, IL | $11,107,922 | $7,821,690 |
Illinois Small Business Growth Corporation Springfield, IL | $2,478,514 | $7,890,542 |
Mainstreet Organization Of Realtors Downers Grove, IL | $23,598,352 | $9,176,226 |
Small Business Assoc Of Mich Lansing, MI | $1,798,183 | $7,497,354 |
Rochester Mn Convention & Visitors Bureau Rochester, MN | $3,813,150 | $6,781,864 |
Builders Association Of The Twin Cities Roseville, MN | $16,664,252 | $7,996,813 |
International Society Of Transport Aircraft Traders Chicago, IL | $15,949,487 | $6,305,891 |