Midwest Urban Strategies Inc
- Assets
- $541.9k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Elm Grove, WI
- Founding
- 08/2019
- Data as of
- 06/2022
- EIN
- 83-3892791
Organization Overview
Midwest Urban Strategies Inc is located in Elm Grove, WI. The organization was established in 2019. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 06/2022, Midwest Urban Strategies Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Urban Strategies 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, Midwest Urban Strategies Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. 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
INDUSTRY ASSOCIATION FOR WORKFORCE DEVELOPMENT BOARDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT MANAGEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde Mcqueen Chair | Trustee | 12 | $0 |
Lisa Patt-Mcdaniel Treasurer | Trustee | 12 | $0 |
Keith Lawing Secretary | Trustee | 12 | $0 |
Marisa Lewis Member | Trustee | 12 | $0 |
Marie Mackintosh Member | Trustee | 12 | $0 |
Michelle Rose Member | Trustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,314,072 |
| 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 | $1,314,072 |
| Total Program Service Revenue | $193,200 |
| Investment income | $0 |
| 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 | $1,507,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $642,880 |
| 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. | $140,000 |
| Compensation of current officers, directors, key employees. | $140,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $259,671 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,031 |
| Payroll taxes | $25,878 |
| Fees for services: Management | $102,713 |
| Fees for services: Legal | $1,356 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $654 |
| Office expenses | $6,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51,713 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,725 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,980 |
| Insurance | $0 |
| All other expenses | $182,676 |
| Total functional expenses | $1,566,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,293 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $314,016 |
| 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 | $3,574 |
| Total assets | $541,883 |
| Accounts payable and accrued expenses | $312,397 |
| 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 | $25,731 |
| Total liabilities | $338,128 |
| Net assets without donor restrictions | $203,755 |
| 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 | $541,883 |
Grants Awarded
Over the last fiscal year, Midwest Urban Strategies Inc has awarded $595,644 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FULL EMPLOYMENT COUNCIL PURPOSE: Support | $229,661 |
PARTNER4WORK PURPOSE: Support | $142,059 |
WORKFORCE ALLIANCE FOR S CENTRAL KANSAS PURPOSE: Support | $223,924 |