Weac Region 2 Building Corporation
- Assets
- $497.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mosinee, WI
- Founding
- 03/1979
- Data as of
- 08/2022
- EIN
- 39-1310222
Organization Overview
Weac Region 2 Building Corporation is located in Mosinee, WI. The organization was established in 1979. 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. Weac Region 2 Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 08/2022, Weac Region 2 Building Corporation generated $38.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $68.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (29.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WEAC REGION 2 BUILDING CORPORATION EXISTS TO HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM AND TO TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO WEAC REGION 2, AN ORGANIZATION EXEMPT UNDER 501(C)(5).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Walsh Member At-Large | 1 | $0 | |
Elizabeth Kysely Vice President | 2 | $0 | |
Robert Hughes Secretary | 2 | $0 | |
Kathleen Mahoney Treasurer | 2 | $0 | |
Paul Froom Member At-Large | 1 | $0 | |
Travis Bassett Member At-Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $38,000 |
| Membership dues | $0 |
| Investment income | $120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $96 |
| Total Revenue | $38,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,899 |
| Occupancy, rent, utilities, and maintenance | $41,916 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,832 |
| Total expenses | $68,647 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,440 |
| Other assets | $0 |
| Total assets | $497,650 |
| Total liabilities | $0 |
| Net assets or fund balances | $497,650 |
Grants Awarded
Over the last fiscal year, Weac Region 2 Building Corporation has awarded $291,537 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Baraboo, WI PURPOSE: GENERAL SUPPORT | $191,905 |
Madison, WI PURPOSE: GENERAL SUPPORT | $61,138 |
Rice Lake, WI PURPOSE: GENERAL SUPPORT | $38,494 |
Peer Organizations
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|---|---|---|
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 |
Sheet Metal Local 10 Control Board Trust Fund Maplewood, MN | $2,121,090 | $1,230,944 |