Wisconsin Bakers Association Inc is located in Muskego, WI. The organization was established in 1944. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 10/2023, Wisconsin Bakers Association Inc employed 169 individuals. This organization is the central organization for a national or regional group of organizations. Wisconsin Bakers Association 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 10/2023, Wisconsin Bakers Association Inc generated $170.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $231.5k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WISCONSIN BAKERS ASSOCIATION, INC. IS A NONPROFIT, NON-STOCK, TRADE ASSOCIATION ORGANIZED TO PROVIDE EDUCATIONAL AND ADVOCACY BENEFITS TO MEMBERS IN THE BAKING INDUSTRY AND TO FOSTER AND PROMOTE THE CONSUMPTION OF MEMBER PRODUCTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAJORITY OF THE ASSOCIATION'S REVENUES ARE FROM THE WISCONSIN STATE FAIR (SEE ATTACHED STATEMENT). THE OTHER REVENUE SOURCES ARE: ADVERTISING REVENUE, MEMBERSHIP DUES, SCHOLARSHIP REVENUE, BANQUETS, EXPOS, AND OUTINGS.
THE MAJORITY OF THE ASSOCIATION'S REVENUES ARE FROM THE WISCONSIN STATE FAIR (SEE ATTACHED STATEMENT). THE OTHER REVENUE SOURCES ARE: ADVERTISING REVENUE, MEMBERSHIP DUES, SCHOLARSHIP REVENUE, BANQUETS, EXPOS, AND OUTINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Hoover Executive Director | OfficerTrustee | 40 | $72,000 |
Ken Heil Retail Director | Trustee | 0 | $0 |
Jennifer Bukouricz Retail Director | Trustee | 0 | $0 |
Doug Manderfield Retail Director | Trustee | 0 | $0 |
Sarah Mironczuk Retail Director | Trustee | 0 | $0 |
Samantha Kristiansen Allied Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,578 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $3,578 |
Total Program Service Revenue | $209,774 |
Investment income | $975 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $170,429 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $500 |
Grants and other assistance to Foreign Orgs/Individuals | $2,482 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $79,467 |
Compensation of current officers, directors, key employees. | $7,947 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $2,280 |
Other employee benefits | $0 |
Payroll taxes | $11,790 |
Fees for services: Management | $0 |
Fees for services: Legal | $450 |
Fees for services: Accounting | $15,970 |
Fees for services: Lobbying | $27,520 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $31,571 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,906 |
Travel | $446 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $231 |
Interest | $2,154 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,048 |
Total functional expenses | $231,488 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $528,636 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $20,000 |
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 | $18,000 |
Net Land, buildings, and equipment | $9,006 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $575,642 |
Accounts payable and accrued expenses | $23,940 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | -$1,113 |
Total liabilities | $22,827 |
Net assets without donor restrictions | $552,815 |
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 | $0 |
Total liabilities and net assets/fund balances | $575,642 |