Wisconsin Builders Foundation Inc
- Assets
- $447.6k
- Revenue
- $66.6k
- Investments
- $19.9k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 10/1999
- Data as of
- 12/2022
- EIN
- 39-1967443
Organization Overview
Wisconsin Builders Foundation Inc is located in Madison, WI. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Wisconsin Builders 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 12/2022, Wisconsin Builders Foundation Inc generated $66.6k 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 (3.1%) each year. All expenses for the organization totaled $127.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WISCONSIN BUILDERS FOUNDATION PROVIDES CHARITABLE RELIEF TO THOSE IN NEED, PROMOTES THE BUILDING INDUSTRY AS AN EXCELLENT CAREER CHOICE, ENCOURAGES ON-GOING TRAINING FOR PROFESSIONALS IN THE INDUSTRY AS WELL AS THE HOME-BUYING PUBLIC AND SUPPORTS RESEARCH FOR THE ADVANCEMENT OF THE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIPS WERE GIVEN TO CHARITABLE ORGANIZATIONS AND INDIVIDUALS IN NEED BASED ON VARIOUS CRITERIA.
THE WISCONSIN BUILDERS FOUNDATION ENCOURAGES ON-GOING TRAINING FOR PROFESSIONALS IN THE INDUSTRY AS WELL AS THE HOME-BUYING PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey Kessel President | OfficerTrustee | 1 | $0 |
Kim Reed Treasurer | OfficerTrustee | 0.5 | $0 |
Mike Vilstrup Director | Trustee | 0.5 | $0 |
Amanda Kurt Director | Trustee | 0.5 | $0 |
Don Miller Director | Trustee | 0.5 | $0 |
Tim O'brien Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,600 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,663 |
| Total Program Service Revenue | $10,998 |
| Investment income | $31,995 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,076 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,580 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,884 |
| Grants and other assistance to domestic individuals. | $9,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $25,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,850 |
| Fees for services: Other | $40,101 |
| Advertising and promotion | $1,032 |
| Office expenses | $112 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $127,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,959 |
| Savings and temporary cash investments | $1,045 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $401,650 |
| Investments—other securities | $19,926 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $447,580 |
| Accounts payable and accrued expenses | $2,074 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $2,074 |
| Net assets without donor restrictions | $445,506 |
| Net assets with donor restrictions | $0 |
| 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 | $447,580 |
Grants Awarded
Over the last fiscal year, Wisconsin Builders Foundation Inc has awarded $16,580 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SLIPSTREAM GROUP INC PURPOSE: STUDENT REGISTRATION TO B4 CONFERENCE | $8,875 |
LACROSSE AREA BUILDERS ASSOCIATION INC PURPOSE: TOOLS FOR SCHOOLS | $7,705 |