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 08/2023, Weac Region 2 Building Corporation generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $79.2k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (24.8%) per year over the past 8 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
2023
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).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Weiler President | 2 | $0 | |
Barry Walsh Vice President | 2 | $0 | |
Robert Hughes Secretary | 2 | $0 | |
Kathleen Mahoney Treasurer | 2 | $0 | |
Elizabeth Kysely Vice President (thru June 2023) | 2 | $0 | |
Paul Fromm Member At-Large | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,050 |
| Membership dues | $0 |
| Investment income | $125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $293 |
| Total Revenue | $37,468 |
| 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 | $22,980 |
| Occupancy, rent, utilities, and maintenance | $40,350 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,839 |
| Total expenses | $79,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,613 |
| Other assets | $0 |
| Total assets | $455,949 |
| Total liabilities | $0 |
| Net assets or fund balances | $455,949 |
Over the last fiscal year, Weac Region 2 Building Corporation has awarded $291,537 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WEAC REGION 1 PURPOSE: GENERAL SUPPORT | $38,494 |
WEAC REGION 5 PURPOSE: GENERAL SUPPORT | $191,905 |
WEAC REGION 8 PURPOSE: GENERAL SUPPORT | $61,138 |