Weac Region 7 is located in Brookfield, WI. The organization was established in 1973. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 08/2023, Weac Region 7 employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weac Region 7 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Weac Region 7 generated $969.8k 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 (8.1%) each year. All expenses for the organization totaled $1.0m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) 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
TO PROVIDE A GOVERNANCE STRUCTURE THROUGH WHICH MEMBER LOCAL ASSOCIATIONS MAY COOPERATIVELY PROVIDE SERVICES FOR THEIR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF WEAC REGION 7 IS TO PROVIDE A GOVERNANCE STRUCTURE THROUGH WHICH MEMBER LOCAL ASSOCIATIONS MAY COOPERATIVELY PROVIDE SERVICES FOR THEIR MEMBERS AND CARRY OUT THE FOLLOWING OBJECTIVES: PROVIDE ASSISTANCE IN OBTAINING IMPROVED WAGES, HOURS, AND WORKING CONDITIONS TO SCHOOL PERSONNEL REPRESENTED BY MEMBER LOCAL ASSOCIATIONS; PROMOTE POSITIVE PUBLIC ATTITUDES TOWARD SCHOOL PERSONNEL AND EDUCATION; WORK THROUGH LOCAL UNITS, WEAC, AND NEA TO ELECT CANDIDATES FOR PUBLIC OFFICE WHO WILL SUPPORT THE GOALS OF SCHOOL PERSONNEL AND EDUCATION; IMPROVE, DEVELOP, AND ENFORCE HIGH STANDARDS OF HIRING, REASSIGNING, OR RETAINING PERSONS IN EDUCATION; DEFEND THE EMPLOYMENT RIGHTS OF SCHOOL PERSONNEL; SECURE PASSAGE OF BILLS WHICH ENHANCE EDUCATION; WORK TO ELIMINATE DISCRIMINATION AND DEMORALIZING PRACTICES AGAINST SCHOOL PERSONNEL AND CHILDREN; IMPLEMENT OTHER PRIORITIES AS ESTABLISHED BY THE REGION; TO FACILITATE THE EXCHANGE AND IMPROVE THE QUALITY OF EDUCATION IN AREAS OF CURRICULUM AND INSTRUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachel Swick President | OfficerTrustee | 1 | $5,500 |
Meghan Faherty Vice President | OfficerTrustee | 1 | $1,000 |
Gail Kablau Secretary/treasurer | OfficerTrustee | 1 | $1,500 |
Ken Huber At-Large Member | Trustee | 1 | $0 |
Jennifer Kennedy At-Large Member | Trustee | 1 | $0 |
Joanna Rizzotto At-Large Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $188,140 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $188,140 |
Total Program Service Revenue | $767,526 |
Investment income | $2,197 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $11,829 |
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 | $969,756 |
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. | $634,974 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $78,669 |
Pension plan accruals and contributions | $15,093 |
Other employee benefits | $80,203 |
Payroll taxes | $43,836 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $23,505 |
Advertising and promotion | $0 |
Office expenses | $21,196 |
Information technology | $1,372 |
Royalties | $0 |
Occupancy | $53,416 |
Travel | $30,698 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,554 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,363 |
All other expenses | $5,288 |
Total functional expenses | $1,004,993 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $209,539 |
Savings and temporary cash investments | $69,394 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $33,444 |
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 | $5,447 |
Net Land, buildings, and equipment | $3,180 |
Investments—publicly traded securities | $0 |
Investments—other securities | $465,542 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,111 |
Total assets | $792,657 |
Accounts payable and accrued expenses | $380,022 |
Grants payable | $0 |
Deferred revenue | $21,617 |
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 | $40,247 |
Total liabilities | $441,886 |
Net assets without donor restrictions | $350,771 |
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 | $792,657 |