We Energies Foundation Inc
- Assets
- $84.2m
- Revenue
- $22.1m
- Investments
- $78.2m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 39-1433726
Organization Overview
We Energies Foundation Inc is located in Milwaukee, WI. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Energies Foundation Inc 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 12/2023, We Energies Foundation Inc generated $22.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $15.2m during the year ending 12/2023. While expenses have increased by 16.3% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Beth Straka President/director | 0 | $59,109 | |
William J Guc Treasurer/secretary | 0 | $0 | |
Margaret C Kelsey Secretary/director | 0 | $0 | |
Gale E Klappa Director | 0 | $0 | |
Scott J Lauber Director | 0 | $0 | |
Paul J Spicer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,353,887 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,590,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,167,817 |
| Capital Gain Net Income | $2,199,046 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,446 |
| Total Revenue | $22,116,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $59,109 |
| Other employee salaries and wages | $107,661 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,245 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,585 |
| Printing and publications | $3,739 |
| Other expenses | $223,492 |
| Total operating and administrative expenses | $593,791 |
| Contributions, gifts, grants paid | $14,606,325 |
| Total expenses and disbursements | $15,200,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,654,100 |
| Savings and temporary cash investments | $2,265,547 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,416,633 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,009,807 |
| Total assets | $84,175,202 |
| Accounts payable and accrued expenses | $82,757 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $82,757 |