Green Lake County Basic Needs Foundation Inc
- Assets
- $764.6k
- Revenue
- $116.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Berlin, WI
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-2788397
Organization Overview
Green Lake County Basic Needs Foundation Inc is located in Berlin, WI. The organization was established in 2016. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Lake County Basic Needs 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, Green Lake County Basic Needs Foundation Inc generated $116.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GREEN LAKE COUNTY BASIC NEEDS FOUNDATION INC DISTRIBTUES FUNDS FOR THE BENEFIT OF CITIZENS OF GREEN LAKE COUNTY, WISCONSIN; THIS INCLUDES, BUT IS NOT LIMITED TO, SUPPORTING LOCAL FOOD PANTRIES, ADVOCAP, CHRISTINE ANN CENTER, TRI COUNTY BOYS & GIRLS CLUB, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN LAKE COUNTY BASIC NEEDS FOUNDATION INC WAS FORMED ON APRIL 13, 2016 AS A NON-STOCK CORPORATION AND AS A NON-PROFIT, TAX-EXEMPT, NON-PRIVATE FOUNDATION. THE DIRECTORS OF THE ORGANIZATION RECOGNIZED THAT THE RESIDENTS OF GREEN LAKE COUNTY COMMUNITY WERE IN NEED OF A FORMAL VEHICLE TO GENERATE FINANCIAL SUPPORT FOR THE BASIC NEEDS OF THE COMMUNITYS RESIDENTS. THE ONLY ACTIVITY IN 2021 WAS GENERAL DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Seaman Vice President Treasurer | Officer | 1 | $0 |
Paul Salzwedel President | Officer | 1 | $0 |
Carol Joseph Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,331 |
| 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 | $33,331 |
| Total Program Service Revenue | $0 |
| Investment income | $83,156 |
| 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 | $116,487 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,750 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,739 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $23,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,186 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $759,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $764,595 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $764,595 |
| 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 | $764,595 |
Grants Awarded
Over the last fiscal year, Green Lake County Basic Needs Foundation Inc has awarded $70,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: SUPPORT THE DEVELOPMENT AND BASIC NEEDS OF THE YOUTH RESIDENTS OF GREEN LAKE COUNTY | $30,000 |
Princeton, WI PURPOSE: SUPPORT THE DEVELOPMENT AND BASIC NEEDS OF THE YOUTH RESIDENTS OF GREEN LAKE COUNTY | $25,000 |
MARKESAN LIONS CLUB PURPOSE: SUPPORT THE DEVELOPMENT AND BASIC NEEDS OF THE YOUTH RESIDENTS OF GREEN LAKE COUNTY | $7,500 |
Berlin, WI PURPOSE: SUPPORT THE DEVELOPMENT AND BASIC NEEDS OF THE YOUTH RESIDENTS OF GREEN LAKE COUNTY | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Green Lake County Basic Needs Foundation Inc has recieved totaling $5,742.
| Awarding Organization | Amount |
|---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $2,871 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $2,871 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Crisis Services And Food Bank Iowa City, IA | $4,710,995 | $6,794,967 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
People Responding In Social Ministry Golden Valley, MN | $1,368,675 | $5,466,280 |
Unitedhealthcare Childrens Foundation Inc Minneapolis, MN | $12,202,952 | $7,262,493 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |
The Good Samaritan Ministries Holland, MI | $6,761,787 | $5,714,896 |
Emergency Community Help Organization Echo Mankato, MN | $2,641,378 | $5,204,945 |
Many Hands For Haiti Pella, IA | $2,649,683 | $5,112,564 |
Everyone Cooperating To Help Others Inc Janesville, WI | $2,299,237 | $4,698,837 |
Neighborhood Food Pantries West Chicago, IL | $581,745 | $4,322,666 |
Intercongregation Communities Association Inc Minnetonka, MN | $4,428,327 | $5,204,363 |