Weac Region 2
- Assets
- $887.0k
- Revenue
- $538.7k
- Investments
- $631.4k
- Employees
- 11
- Location
- Mosinee, WI
- Founding
- 12/1981
- Data as of
- 08/2023
- EIN
- 39-1230694
Organization Overview
Weac Region 2 is located in Mosinee, WI. The organization was established in 1981. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 08/2023, Weac Region 2 employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weac Region 2 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Weac Region 2 generated $538.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $595.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A GOVERNANCE STRUCTURE THROUGH WHICH MEMBER LOCAL ASSOCIATIONS MAY COOPERATIVELY PROVIDE SERVICES FOR THEIR MEMBERS AND CARRY OUT SUCH OBJECTIVES AS SET FORTH IN THE BYLAWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF WEAC REGION 2 SHALL BE TO PROVIDE A GOVERNANCE STRUCTURE THROUGH WHICH MEMBER LOCAL ASSOCIATIONS MAY COOPERATIVELY PROVIDE SERVICES FOR THEIR MEMBERS AND CARRY OUT THE FOLLOWING OBJECTIVES: PROVIDE ASSISTANCE IN OBTAINING IMPROVED WAGES, HOURS, AND WORKING CONDITIONS TO SCHOOL PERSONNEL REPRESENTED BY MEMBER LOCAL ASSOCIATIONS; PROMOTE POSITIVE PUBLIC ATTITUDES TOWARD SCHOOL PERSONNEL AND EDUCATION; WORK THROUGH LOCAL UNITS, WEAC, AND NEA TO ELECT LEGISLATORS WHO WILL SUPPORT THE GOALS OF SCHOOL PERSONNEL AND EDUCATION; IMPROVE, DEVELOP, AND ENFORCE HIGH STANDARDS OF HIRING, REASSIGNING, OR RETAINING PERSONS IN EDUCATION; DEFEND THE EMPLOYMENT RIGHTS OF SCHOOL PERSONNEL; SECURE PASSAGE OF BILLS THAT ENHANCE EDUCATION; WORK TO ELIMINATE DISCRIMINATION AND DEMORALIZING PRACTICES AGAINST SCHOOL PERSONNEL AND CHILDREN; IMPLEMENT OTHER PRIORITIES AS ESTABLISHED BY THE REGION AND WEAC; PROVIDE TRAINING TO MEMBERS; PROVIDE LOCALS WITH ASSISTANCE WITH MEMBERSHIP RECRUITMENT AND RETENTION; ENCOURAGE LOCALS TO SENT REPRESENTATIVES TO WEAC SPONSORED TRAINING AND CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Weiler President | OfficerTrustee | 2 | $2,000 |
Barry Walsh Vice President | OfficerTrustee | 2 | $50 |
Robert Hughes Secretary | OfficerTrustee | 1 | $500 |
Kathleen Mahoney Treasurer | OfficerTrustee | 1 | $500 |
Elizabeth Kysely Vice President (thru June 2023) | OfficerTrustee | 1 | $750 |
Travis Bassett Member-At-Large | Trustee | 1 | $100 |
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 | $82,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,332 |
| Total Program Service Revenue | $445,107 |
| Investment income | $11,291 |
| 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 | $538,730 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,098 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $358,985 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,500 |
| Pension plan accruals and contributions | $12,019 |
| Other employee benefits | $34,146 |
| Payroll taxes | $25,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,037 |
| Information technology | $1,325 |
| Royalties | $0 |
| Occupancy | $37,050 |
| Travel | $21,050 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,836 |
| Insurance | $0 |
| All other expenses | $7,804 |
| Total functional expenses | $595,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,532 |
| Savings and temporary cash investments | $144,142 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,584 |
| 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 | $40,335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $631,408 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $887,001 |
| Accounts payable and accrued expenses | $184,830 |
| 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 | $184,830 |
| Net assets without donor restrictions | $702,171 |
| 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 | $887,001 |