Northwest Wisconsin Workforce Investment Board Inc
- Assets
- $359.7k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Ashland, WI
- Founding
- 11/2001
- Data as of
- 06/2023
- EIN
- 39-2021280
Organization Overview
Northwest Wisconsin Workforce Investment Board Inc is located in Ashland, WI. The organization was established in 2001. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2023, Northwest Wisconsin Workforce Investment Board Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Wisconsin Workforce Investment Board 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 06/2023, Northwest Wisconsin Workforce Investment Board Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $2.8m during the year ending 06/2023. While expenses have increased by 44.1% per year over the past 2 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.
Since 2022, Northwest Wisconsin Workforce Investment Board Inc has awarded 18 individual grants totaling $1,884,959. 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
THE NORTHWEST WISCONSIN WORKFORCE INVESTMENT BOARD WILL CREATE, AND CONTINUE TO IMPROVE, INNOVATIVE AND QUALITY STRATEGIC DIRECTION FOR THE REGIONAL WORKFORCE DEVELOPMENT SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELP PREPARE YOUTH AND UNSKILLED ADULTS FOR ENTRY INTO THE WORKFORCE. ALSO, PROVIDE JOB TRAINING TO ECONOMICALLY DISADVANTAGED INDIVIDUALS AND OTHERS FACING BARRIERS TO EMPLOYMENT. PROVIDE SUPPORTIVE SERVICES TO ASSIST INDIVIDUALS IN FINDING AND RETAINING EMPLOYMENT. SERVED MORE THAN 700 INDIVIDUALS IN CRITICAL REGIONAL INDUSTRY SECTORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leroy Forslund Chair (thru Nov 2022) | OfficerTrustee | 1.5 | $1,960 |
Mike Bebeau Vice-Chair (thru March 2023) | OfficerTrustee | 1 | $617 |
Richard Nystrom Secretary/treasurer | OfficerTrustee | 1 | $1,235 |
Judy Aspling Director | Trustee | 0.05 | $821 |
Kelly Klein Chair | Trustee | 2 | $2,038 |
Kyle Bukovich Director | Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,662,369 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,662,369 |
| Total Program Service Revenue | $86,274 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $2,750,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,454,173 |
| Grants and other assistance to domestic individuals. | $94,317 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,638 |
| Compensation of current officers, directors, key employees. | $8,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $420,907 |
| Pension plan accruals and contributions | $28,979 |
| Other employee benefits | $82,572 |
| Payroll taxes | $34,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,905 |
| Advertising and promotion | $5,512 |
| Office expenses | $20,771 |
| Information technology | $14,269 |
| Royalties | $0 |
| Occupancy | $11,175 |
| Travel | $32,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,855 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,378 |
| All other expenses | $300,512 |
| Total functional expenses | $2,759,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,743 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $271,116 |
| Accounts receivable, net | $17,289 |
| 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 | $8,504 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,652 |
| Accounts payable and accrued expenses | $246,097 |
| Grants payable | $0 |
| Deferred revenue | $31,370 |
| 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 | $28,829 |
| Total liabilities | $306,296 |
| Net assets without donor restrictions | $53,356 |
| 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 | $359,652 |
Grants Awarded
Over the last fiscal year, Northwest Wisconsin Workforce Investment Board Inc has awarded $1,454,173 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BAY AREA WORKFORCE DEVELOPMENT BOARD INC PURPOSE: PROGRAM SUPPORT | $217,718 |
FOX VALLEY WORKFOCE DEVELOPMENT BOARD PURPOSE: PROGRAM SUPPORT | $163,006 |
INDIANJEAD COMMUNITY ACTION AGENCY PURPOSE: PROGRAM SUPPORT | $112,889 |
MANPOWER GROUP US INC PURPOSE: PROGRAM SUPPORT | $194,668 |
NORTH CENTRAL WISCONSIN WORKFORCE DEVELOPMENT BOARD PURPOSE: PROGRAM SUPPORT | $65,377 |
NORTHCENTRAL TECHNICAL COLLEGE PURPOSE: PROGRAM SUPPORT | $83,994 |