Northeast Wisconsin Educational Resource Alliance Inc
- Assets
- $197.6k
- Revenue
- $170.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Green Bay, WI
- Founding
- 10/2011
- Data as of
- 06/2022
- EIN
- 45-3001321
Organization Overview
Northeast Wisconsin Educational Resource Alliance Inc is located in Green Bay, WI. The organization was established in 2011. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Wisconsin Educational Resource Alliance 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 06/2022, Northeast Wisconsin Educational Resource Alliance Inc generated $170.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $152.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 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
FOSTER REGIONAL PARTNERSHIPS AMONG THE PUBLIC COLLEGES AND UNIVERSITIES IN NORTHEAST WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW ERA COLLEGES AND UNIVERSITIES ARE IN THE SEVENTH YEAR OF IMPLEMENTATION FOR THE BACHELOR OF SCIENCE IN ENGINEERING TECHNOLOGY - MECHANICAL, ELECTRICAL, AND ENVIRONMENTAL. THERE ARE NOW OVER 300 STUDENTS CURRENTLY ENROLLED IN THE PROGRAM TO ACHIEVE THESE DEGREES. ADDING TO THE TRADITIONAL STUDENT PATHWAY, THE PROGRAM WAS DEVELOPED FOR INDIVIDUALS WHO ARE CURRENTLY WORKING IN ENGINEERING TECHNOLOGY FIELDS AND RELATED PROFESSIONS TO ACHIEVE A BACHELOR'S DEGREE OF ENGINEERING TECHNOLOGY THROUGH AN ACCELERATED, FLEXIBLE PROGRAM IN ADVANCED TECHNOLOGY CREDITS. IN ADDITON, NEW ERA HAS SUPPORTED THE DEVELOPMENT OF THE NORTHEAST WISCONSIN INFORMATION TECHNOLOGY ALLIANCE COMPRISED OF BUSINESS PARTNERS, EDUCATORS, AND ECONOMIC DEVELOPMENT ORGANIZATIONS FOCUSED ON THE IT TALENT PIPELINE. NEW ERA WITH THE NEW MANUFACTURING ALLIANCE HOSTED THE FOURTH ANNUAL INTERNSHIP DRAFT DAY AT LAMBEAU FIELD WHERE STUDENTS WERE ABLE TO INTERVIEW AND NETWORK FOR INTERNSHIP POSITIONS IN BUSINESS, ENGINEERING, IT, AND OPERATIONS ROLES IN SEVERAL COMPANIES IN NORTHEAST WISCONSIN.
NEW ERA'S ACTIVITIES EMPHASIZE COOPERATION AND COLLABORATION AS A WAY TO UNIFY HIGHER EDUCATION'S ROLE AS A CATALYST FOR ECONOMIC GROWTH BY DRIVING A COMPHENSIVE, COMPLEMENTARY ALLIANCE OF SEAMLESS EDUCATIONAL OPPORTUNITIES LEADING TO THE BETTERMENT OF LIFE FOR STUDENTS IN NORTHEAST WISCONSIN.
NEWERA PARTNERED WITH THE MIDWEST HIGHER EDUCATION COMPACT (MHEC) TO DESIGN, AND LAUNCH AN EXPANDED/ENHANCED GRADUATE CREDIT QUEST WEB SITE TO INCORPORATE THE 12 STATE REGIONAL SERVICE AREA OF MHEC. THIS PARTNERSHIP PROVIDES A DATABASE OF GRADUATE COURSEWORK FOR HIGH SCHOOL TEACHERS WHO TEACH DUAL CREDIT COURSES AND WHO NEED ADDITIONAL CREDENTIALS TO MEET ACCREDITATION MANDATES OF THE HIGHER LEARNING COMMISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Alexander Chairperson | OfficerTrustee | 1 | $0 |
Jeffrey Rafn Treasurer | OfficerTrustee | 1 | $0 |
Jerry Murphy Executive Director | Officer | 40 | $0 |
Bonnie Baerwald Director | Trustee | 0.5 | $0 |
Christopher Caldwell Director | Trustee | 0.5 | $0 |
Paul Carlson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,000 |
| Total Program Service Revenue | $0 |
| Investment income | $574 |
| 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 | $170,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $282 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $131,760 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,000 |
| Office expenses | $0 |
| Information technology | $1,788 |
| 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 | $209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $79 |
| Total functional expenses | $152,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $192,636 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,636 |
| Accounts payable and accrued expenses | $5,195 |
| 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 | $5,195 |
| Net assets without donor restrictions | $192,441 |
| 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 | $197,636 |
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