Business Council is located in Milwaukee, WI. The organization was established in 1998. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Business Council 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 12/2021, Business Council generated $114.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $187.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED SUPPORT AND RESOURCES TO THE ETHNICALLY DIVERSEBUSINESS COMMUNITY THROUGH EDUCATION AND TRAINING, CONSOLIDATED RESOURCES AND PROMOTING INCREASED INTERATION WITH BUSINESSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ugo Nwagbaraocha Chair | 5 | $0 | |
Darren Fisher Board Member | 1 | $0 | |
Minoo Seifoddini Board Member | 1 | $0 | |
Seaphes Miller Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $113,939 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $113,957 |
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 | $119,550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $168 |
Other expenses | $68,062 |
Total expenses | $187,780 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $49,618 |
Other assets | $0 |
Total assets | $54,429 |
Total liabilities | $0 |
Net assets or fund balances | $54,429 |
Over the last fiscal year, we have identified 3 grants that Business Council has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $50,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SENIOR MEAL PROGRAM | $25,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: SENIOR MEAL PROGRAM | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
United Jewish Foundation Bloomfield Hills, MI | $617,807,734 | $98,304,951 |
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Heart Of West Michigan United Way Grand Rapids, MI | $33,929,267 | $56,856,308 |
United Way Of Metropolitan Chicago Inc Chicago, IL | $58,068,035 | $46,184,540 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Jewish Federation Of Metropolitan Detroit Bloomfield Hills, MI | $47,934,420 | $53,063,745 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |