Travaux Inc
- Assets
- $27.1m
- Revenue
- $30.8m
- Investments
- $0.0
- Employees
- 166
- Location
- Milwaukee, WI
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 46-2796790
Organization Overview
Travaux Inc is located in Milwaukee, WI. The organization was established in 2016. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Travaux Inc employed 166 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Travaux 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, Travaux Inc generated $30.8m in total revenue. All expenses for the organization totaled $32.0m during the year ending 12/2022. While expenses have increased by 88.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE HOUSING AUTHORITY OF THE CITY OF MILWAUKEE, THE SOLE CORPORATE MEMBER, AND THE REDEVELOPMENT AUTHORITY OF THE CITY OF MILWAUKEE IN FULFILLMENT OF EACH OF THEIR STATUTORY MISSIONS BY PROVIDING CONSTRUCTION MANAGEMENT SERVICES AND BY MANAGING HOUSING OPTIONS AND CERTAIN COMMERCIAL PROPERTIES IN AN EFFORT TO IMPROVE URBAN NEIGHBORHOODS AND THE LIVES OF THOSE WHO LIVE IN THEM. ADDITIONALLY, THE ORGANIZATION WILL PROVIDE DEVELOPMENT, CONSTRUCTION, REHABILITATION, AND CONSTRUCTION MANAGEMENT SERVICES FOR OTHER PUBLIC HOUSING AUTHORITIES AND OTHER ORGANIZATIONS DESCRIBED IN 501(C)(3).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACQUIRE, DEVELOP, CONSTRUCT, REHABILITATE, PROVIDE CONSTRUCTION MANAGEMENT SERVICES AND MANAGE A CONTINUUM OF HOUSING OPTIONS: TRAVAUX IS CURRENTLY PROVIDING EMPLOYEES TO THE HOUSING AUTHORITY OF THE CITY OF MILWAUKEE (HACM) TO MANAGE LOW INCOME PUBLIC HOUSING DEVELOPMENTS. COSTS ARE REIMBURSED ON ACTUAL EXPENDITURE BASIS. A SENIOR EXECUTIVE AND 31 MAINTENANCE/ADMINISTRATIVE PERSONNEL ARE CURRENTLY ASSIGNED TO HACM.
TO PROVIDE DEVELOPMENT, CONSTRUCTION, REHABILITATION AND CONSTRUCTION MANAGEMENT SERVICES FOR PUBLIC HOUSING AUTHORITIES, PRIVATE DEVELOPMENT PROJECTS AND OTHER 501 (C)(3) CERTIFIED ENTITIES: TRAVAUX IS CURRENTLY PROVIDING CONSULTING SERVICES TO A CHARTERED PUBLIC SCHOOL IN MILWAUKEE. CONSULTING SERVICES STARTED IN 2017. THE SERVICES INCLUDE ASSISTING THE ORGANIZATION WITH MASTER PLANNING OF THE SCHOOL CAMPUS. TRAVAUX ASSISTED THE ENTITY IN CHOOSING AND SELECTING REFUTABLE FIRMS NECESSARY TO DO THE MASTER PLANNING. THIS WAS COMPLETED IN 2021 AND THEN WILL PROCEED IN ACTUAL DEVELOPMENT AS DETERMINED FEASIBLE.
TO ACQUIRE, DEVELOP, CONSTRUCT, REHABILITATE, PROVIDE CONSTRUCTION MANAGEMENT SERVICES AND MANAGE COMMERCIAL PROPERTIES IN AN EFFORT TO IMPROVE URBAN NEIGHBORHOODS AND THE LIVES OF THOSE WHO LIVE IN THEM: TRAVAUX IS CURRENTLY THE CONSTRUCTION MANAGER AS CONSTRUCTOR FOR 7 HACM PROJECTS WITH A TOTAL CONSTRUCTION COST OF $113,890,720 UNDER A GUARANTEED MAXIMUM PRICE CONTRACT. THIS WAS DONE TO HELP HACM COMPLETE THESE 7 AFFORDABLE HOUSING PROJECTS WITHIN THE BUDGET AS BIDS FROM PRIVATE GENERAL CONTRACTORS WERE COMING IN 40% ABOVE BUDGET. TRAVAUX IS NOT EXPECTED TO GENERATE ANY PROFIT ON THESE 7 PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonio M Perez President (through February 2022) | OfficerTrustee | 0.23 | $0 |
Fernando Aniban Treasurer | OfficerTrustee | 0.23 | $0 |
Kim Hurtado Director | Trustee | 0.23 | $0 |
Grady Crosby Director | Trustee | 0.23 | $0 |
Daniel Mccarthy Director | Trustee | 0.23 | $0 |
Joan Zepecki Director | Trustee | 0.23 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Insulation Technologies Inc Cement Siding | 12/30/22 | $3,247,606 |
Champion Modular Dba Champion Home Modular Homes | 12/30/22 | $2,297,479 |
Great Lakes Components Llc Building Materials | 12/30/22 | $2,297,479 |
Hurt Electric Inc Electrical | 12/30/22 | $1,452,870 |
B V Tetzalaff Inc Plumbing | 12/30/22 | $1,205,360 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $30,823,498 |
| Investment income | $258 |
| 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 | $30,825,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $320,187 |
| Compensation of current officers, directors, key employees. | $56,556 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,120,269 |
| Pension plan accruals and contributions | $126,004 |
| Other employee benefits | $1,447,142 |
| Payroll taxes | $378,965 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,375 |
| Fees for services: Accounting | $2,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,275,940 |
| Advertising and promotion | $0 |
| Office expenses | $82,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,275 |
| Travel | $10,839 |
| 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 | $51,426 |
| All other expenses | $0 |
| Total functional expenses | $32,029,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,284,199 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,157,249 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $319,321 |
| Net Land, buildings, and equipment | $49,637 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $520 |
| Total assets | $27,110,926 |
| Accounts payable and accrued expenses | $19,483,750 |
| 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 | $3,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,483,750 |
| Net assets without donor restrictions | $4,627,176 |
| 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 | $27,110,926 |