Wisconsin Utilities Association Inc
- Assets
- $686.0k
- Revenue
- $518.5k
- Investments
- $110.7k
- Employees
- 4
- Location
- Madison, WI
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 93-0728484
Organization Overview
Wisconsin Utilities Association Inc is located in Madison, WI. The organization was established in 1979. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Wisconsin Utilities Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Utilities Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Wisconsin Utilities Association Inc generated $518.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $508.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION ACTS AS A MEDIUM FOR THE INTERCHANGE OF INFORMATION AMONG WISCONSIN BASED, INVESTOR OWNED ELECTRIC AND GAS UTILITIES, ALONG WITH ACTING AS A SPOKESMAN IN THE PUBLIC, LEGISLATIVE, AND REGULATORY AREAS OF WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION EXISTS AS A MEDIUM FOR THE INTERCHANGE OF INFORMATION AND TECHNIQUES AMONG WISCONSIN BASED, INVESTOR OWNED ELECTRIC AND GAS UTILITIES.
THE ASSOCIATION ALSO ACTS AS A CHIEF INDUSTRY SPOKESMAN IN WISCONSIN IN THE PUBLIC, LEGISLATIVE, AND REGULATORY AREAS, PROVIDING A MEANS OF ASSURING EFFECTIVE INDUSTRY COMMUNICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Skewes Secretary/executive Direct | Officer | 40 | $158,714 |
Jared Bushek Treasurer | OfficerTrustee | 1 | $0 |
Mark Stoering Chairperson | OfficerTrustee | 1 | $0 |
Cari Anne Renlund Vice Chairperson | OfficerTrustee | 1 | $0 |
Julie Voeck Director | Trustee | 1 | $0 |
Robert Garvin Director | Trustee | 1 | $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 | $507,404 |
| Investment income | $4,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,960 |
| 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 | $518,515 |
| 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. | $191,547 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,668 |
| Pension plan accruals and contributions | $17,170 |
| Other employee benefits | $25,588 |
| Payroll taxes | $19,081 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,834 |
| Advertising and promotion | $0 |
| Office expenses | $14,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,352 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,412 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,458 |
| Insurance | $5,575 |
| All other expenses | $221 |
| Total functional expenses | $508,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,639 |
| Savings and temporary cash investments | $515,488 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,318 |
| 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 | $13,173 |
| Net Land, buildings, and equipment | $1,916 |
| Investments—publicly traded securities | $1,820 |
| Investments—other securities | $110,671 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $686,025 |
| Accounts payable and accrued expenses | $57,752 |
| Grants payable | $0 |
| Deferred revenue | $100,060 |
| 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 | $157,812 |
| Net assets without donor restrictions | $528,213 |
| 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 | $686,025 |
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