Weac Region 2 Building Corporation is located in Mosinee, WI. The organization was established in 1979. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weac Region 2 Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2023, Weac Region 2 Building Corporation generated $37.5k 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 (4.1%) each year. All expenses for the organization totaled $79.2k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (24.8%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
WEAC REGION 2 BUILDING CORPORATION EXISTS TO HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM AND TO TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO WEAC REGION 2, AN ORGANIZATION EXEMPT UNDER 501(C)(5).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Russ Weiler President | 2 | $0 | |
Barry Walsh Vice President | 2 | $0 | |
Robert Hughes Secretary | 2 | $0 | |
Kathleen Mahoney Treasurer | 2 | $0 | |
Elizabeth Kysely Vice President (thru June 2023) | 2 | $0 | |
Paul Fromm Member At-Large | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $37,050 |
Membership dues | $0 |
Investment income | $125 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $293 |
Total Revenue | $37,468 |
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 | $22,980 |
Occupancy, rent, utilities, and maintenance | $40,350 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,839 |
Total expenses | $79,169 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $105,613 |
Other assets | $0 |
Total assets | $455,949 |
Total liabilities | $0 |
Net assets or fund balances | $455,949 |
Over the last fiscal year, Weac Region 2 Building Corporation has awarded $291,537 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
WEAC REGION 1 PURPOSE: GENERAL SUPPORT | $38,494 |
WEAC REGION 5 PURPOSE: GENERAL SUPPORT | $191,905 |
WEAC REGION 8 PURPOSE: GENERAL SUPPORT | $61,138 |