Community Foundation Of North Central Wisconsin Inc
- Assets
- $81.7m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Wausau, WI
- Founding
- 05/1987
- Data as of
- 12/2023
- EIN
- 39-1577472
Organization Overview
Community Foundation Of North Central Wisconsin Inc is located in Wausau, WI. The organization was established in 1987. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Foundation Of North Central Wisconsin Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of North Central Wisconsin 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, Community Foundation Of North Central Wisconsin Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $10.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Community Foundation Of North Central Wisconsin Inc has awarded 2,258 individual grants totaling $31,875,427. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE INSPIRE CHARITABLE GIVING TO INVEST IN A BRIGHTER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENRICH THE QUALITY OF THE GREATER WAUSAU AREA BY CREATING A COMMUNITY ENDOWMENT AND ENGAGING IN MEANINGFUL GRANTMAKING. CONVENE THE NONPROFIT SECTOR TO EDUCATE THEM ON AVAILABLE SERVICES AND FUNDING OPPORTUNITIES, AND TO PROVIDE A VENUE TO DISCUSS ISSUES OF GREATEST PRIORITY TO THEM.
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 |
|---|---|---|---|
Ann Werth Chairperson | OfficerTrustee | 1 | $0 |
Dave Eisenreich Vice Chairperson | OfficerTrustee | 1 | $0 |
Benjamin Reif Treasurer | OfficerTrustee | 1 | $0 |
Melissa Kampmann Secretary | OfficerTrustee | 1 | $0 |
Peter Gaffaney Past Chairperson | Trustee | 1 | $0 |
Lisa Dodson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $34,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,094 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,510,922 |
| Noncash contributions included in lines 1a–1f | $2,790,977 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,585,016 |
| Total Program Service Revenue | $72,403 |
| Investment income | $1,540,704 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,000 |
| Net Gain/Loss on Asset Sales | $1,715,470 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,993,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,119,569 |
| Grants and other assistance to domestic individuals. | $449,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $300,664 |
| Compensation of current officers, directors, key employees. | $146,448 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,585 |
| Pension plan accruals and contributions | $8,037 |
| Other employee benefits | $45,182 |
| Payroll taxes | $44,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $121,115 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $114,648 |
| Information technology | $52,009 |
| Royalties | $0 |
| Occupancy | $45,424 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,095 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,397 |
| Insurance | $10,524 |
| All other expenses | $10,233 |
| Total functional expenses | $10,108,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,169,103 |
| Savings and temporary cash investments | $1,292,383 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $0 |
| 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 | $63,466 |
| Net Land, buildings, and equipment | $675,077 |
| Investments—publicly traded securities | $77,029,405 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $464,384 |
| Total assets | $81,718,818 |
| Accounts payable and accrued expenses | $257,799 |
| Grants payable | $300,939 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,290,730 |
| 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 | $0 |
| Total liabilities | $6,849,468 |
| Net assets without donor restrictions | $74,379,966 |
| Net assets with donor restrictions | $489,384 |
| 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 | $81,718,818 |
Grants Awarded
Over the last fiscal year, Community Foundation Of North Central Wisconsin Inc has awarded $8,012,047 in support to 117 organizations.
| Grant Recipient | Amount |
|---|---|
DC EVEREST EDUCATION FOUNDATION PURPOSE: RECREATION AND LEISURE | $127,000 |
HEALTHFIRST NETWORK PURPOSE: PERFORMING ARTS (IE: THEATER, DRAMA, ETC.) | $132,500 |
KEEP AREA TEENS SAFE PURPOSE: PARKS AND RECREATION / FORESTS | $67,000 |
HALDER COMMUNITY CLUB PURPOSE: SCHOOL DISTRICTS AND FOUNDATIONS | $60,000 |
WAUSAU SCHOOL FOUNDATION PURPOSE: SPECIAL EDUCATION | $55,000 |
CITY OF WAUSAU PURPOSE: LIBRARIES AND MUSEUMS | $53,519 |