Greater Wausau Prosperity Partnership Ltd
- Assets
- $5.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 02/1972
- Data as of
- 08/2021
- EIN
- 23-7117237
Organization Overview
Greater Wausau Prosperity Partnership Ltd is located in Wausau, WI. The organization was established in 1972. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Wausau Prosperity Partnership Ltd 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 08/2021, Greater Wausau Prosperity Partnership Ltd generated $1.5m in total revenue. All expenses for the organization totaled $326.7k during the year ending 08/2021. While expenses have increased by 36.8% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Eckmann President | 1 | $0 | |
Jim Mcintyre Chair | 1 | $0 | |
Matt Rowe Vice Chair | 1 | $0 | |
Renae Krings Secretary/assistant Treasurer | 1 | $0 | |
Scott Cattanach Treasurer | 1 | $0 | |
Jeannie Worden Chamber Rep | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,538,971 |
| Interest on Savings | $7 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,538,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,658 |
| Total operating and administrative expenses | $137,521 |
| Contributions, gifts, grants paid | $189,156 |
| Total expenses and disbursements | $326,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,819 |
| Savings and temporary cash investments | $75,032 |
| Net Accounts receivable | $6,195 |
| Net Pledges Receivable | $72,500 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,681,295 |
| Total assets | $4,972,841 |
| Accounts payable and accrued expenses | $8,700 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,499,824 |
| Other liabilities | $0 |
| Total liabilities | $3,508,524 |
Grants Awarded
Over the last fiscal year, Greater Wausau Prosperity Partnership Ltd has awarded $189,156 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WAUSAU AREA CHAMBER OF COMMERCE INC PURPOSE: SUPPORTS EXECUTION OF THE GREATER WAUSAU ECONOMIC DEVELOPMENT STRATEGIC PLAN | $114,097 |
WAUSAU AREA CHAMBER OF COMMERCE INC PURPOSE: SUPPORTS HIRING AN ECONOMIC DEVELOPMENT SPECIALIST TO SUPPORT THE CREATION OF AN ECONOMIC DEVELOPMENT PARTNERSHIP THAT WILL MANAGE THE EXECUTION OF THE GREATER WAUSAU ECONOMIC DEVELOPMENT STRATEGIC PLAN SUPPORTING BUSINESS GROWTH IN THE REGION. | $74,940 |
WAUSAU AREA CHAMBER OF COMMERCE INC PURPOSE: SUPPORT OF THE BRANCH A SKILL ACCELERATOR COORDINATED BY THE WAUSAU REGION CHAMBER OF COOMMERCE. THE BRANCH IS A 'SKILL ACCELERATOR' FOR COLLEGE STUDENTS HEADQUARTERED IN THE INFORMATION TECHNOLOGY ENTRPRENUERIAL CENTER (ITEC) AT NORTHCENTRAL TECHNICAL COLLEGE IN WAUSAU.THE BRANCH AS BEEN FORMED THROUGH A PARTNERSHIP BETWEEN THE WAUSAU REGION CHAMBER OF COMMERCE, NORTHCENTRAL TECHNICAL COLLEGE AND CHURCH MUTUAL INSURANCE COMPANY THAT TEACHES COLLABERATION, COMMUNCIATION, CRITICAL THINKING AND CREATIVITY THROUGH THE EXERCISE OF ENTREPRENUERSHIP. | $119 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Wausau Prosperity Partnership Ltd has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Central Wisconsin Inc Wausau, WI PURPOSE: COMMUNITY AND ECONOMIC DEVELOPMENT | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Development Corporation Milwaukee, WI | $4,444,230 | $23,219,043 |
Genesee Area Focus Fund Inc Flint, MI | $3,053,813 | $7,388,265 |
Minnesota Continuing Legal Education St Paul, MN | $8,925,576 | $6,672,774 |
National Community Investment Fund Irrv Tr Chicago, IL | $49,874,763 | $9,294,920 |
Cedar Valley Friends Of The Family Inc Waterloo, IA | $2,837,799 | $5,986,099 |
Dairy Lab Services Inc Dubuque, IA | $2,147,827 | $2,967,894 |
Northfield Healthy Community Initiative Northfield, MN | $2,436,956 | $3,116,991 |
Encourage Bc Battle Creek, MI | $929,727 | $1,806,363 |
Greater Green Bay Chamber Of Commerce Foundation Inc Green Bay, WI | $2,890,843 | $1,952,883 |
St Joseph Services Inc Chicago, IL | $1,123,789 | $1,648,775 |
Right Place Foundation Grand Rapids, MI | $1,899,566 | $1,296,715 |
Association Of Equipment Management Professionals Inc Middleton, WI | $87,248 | $1,345,748 |