Independencefirst Foundation Inc

Organization Overview

Independencefirst Foundation Inc is located in Milwaukee, WI. The organization was established in 2013. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independencefirst 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, Independencefirst Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $808.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INDEPENDENCE FIRST FOUNDATION, INC. SUPPORTS THE CHARITABLE MISSION OF INDEPENDENCE FIRST, INC., A COMMUNITY-BASED, NON-RESIDENTIAL INDEPENDENT LIVING CENTER IN MILWAUKEE, WISCONSIN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENCE FIRST FOUNDATION, INC. MAY ASSIST INDEPENDENCE FIRST IN EXPANDING OR FUNDING EXISTING PROGRAMS, AND IN THE DEVELOPMENT OF NEW FACILITIES, PROGRAMS, AND OPERATIONS TO FULFILL INDEPENDENCE FIRST'S CHARITABLE MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Luber
Chair
$0
Billiw Torrentt
Vice Chair
$0
Tom Rave
Treasurer
$0
Mike Lipscomb
Secretary
$0
Wendy Huot
Dir. Of Business Services
$0
Marcia Boucher
President/ceo
$0

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$0
Investment income $359,921
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,872,171
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,232,092

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