Wisconsin Public Service Foundation Inc is located in Green Bay, WI. The organization was established in 1964. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, 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 Public Service 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 12/2021, Wisconsin Public Service Foundation Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE OF WISCONSIN PUBLIC SERVICE FOUNDATION IS TO PROVIDE CONTRIBUTIONS TO LOCAL CHARITABLE ORGANIZATIONS AND SCHOLARSHIPS FOR EDUCATIONAL PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
M Beth Straka President, Director | 0 | $17,491 | |
William J Guc Treasurer | 0 | $0 | |
Margaret C Kelsey Secretary/director | 0 | $0 | |
Gale E Klappa Director | 0 | $0 | |
Scott J Lauber Director | 0 | $0 | |
Paul J Spicer Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $594,070 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,819,513 |
Capital Gain Net Income | $1,821,517 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $285 |
Total Revenue | $2,413,868 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $9,328 |
Other employee salaries and wages | $67,987 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $35,000 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $99 |
Printing and publications | $116 |
Other expenses | $46,600 |
Total operating and administrative expenses | $188,045 |
Contributions, gifts, grants paid | $1,700,004 |
Total expenses and disbursements | $1,888,049 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $138,152 |
Savings and temporary cash investments | $29,483 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $704,661 |
Net Land, buildings, and equipment | $0 |
Other assets | $3,670 |
Total assets | $36,455,212 |
Accounts payable and accrued expenses | $19,471 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $19,471 |