Portage County Business Council Foundation Inc

Organization Overview

Portage County Business Council Foundation Inc is located in Stevens Point, WI. The organization was established in 1994. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portage County Business Council 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, Portage County Business Council Foundation Inc generated $186.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $212.2k during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A FORUM FOR THE DEVELOPMENT OF EMERGING LEADERS IN PORTAGE COUNTY, TO PROMOTE EXCELLENCE IN EDUCATION WITH ALL LEVELS OF EDUCATIONAL INSTITUTIONS INCLUDING ENCOURAGEMENT OF PARTNERSHIP ACTIVITIES WITH THE COMMUNITY AND INSTITUTIONS, TO SUPPORT COMMUNITY BETTERMENT ACTIVITIES THAT ENHANCE THE QUALITY OF LIFE IN PORTAGE COUNTY, AND TO PROVIDE INFORMATION AND FORUMS FOR DISCUSSION ON ISSUES AFFECTING THE PORTAGE COUNTY COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED EXCELLENCE IN EDUCATION BY PROVIDING EMPLOYABILITY SKILLS AND DEVELOPING CAREER AWARENESS OPPORTUNITIES FOR K-12 STUDENTS THROUGH EDUCATIONAL, BUSINESS AND COMMUNITY PARTNERSHIPS.


PROVIDED LEADERSHIP SKILLS TO EMERGING LEADERS IN PORTAGE COUNTY THROUGH THE LEADERSHIP INSTITUTE AND EXPLORATION OF SIGNIFICANT COMMUNITY ISSUES AND CHALLENGES.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Aittama
Past Chair
$0
Chad Bates
Director
$0
Brett Beversdorf
Director
$0
Amy Boston
Director
$0
Connie Buchanan
Director
$0
Kate Budd
Chair
$0

Financial Statements

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$1,183
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,183
Total Program Service Revenue$93,639
Investment income $586
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $91,331
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 $186,739

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