Wisconsin Floorcovering Association Inc
- Assets
- $30.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 51-0177990
Organization Overview
Wisconsin Floorcovering Association Inc is located in Madison, WI. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Wisconsin Floorcovering 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 12/2023, Wisconsin Floorcovering Association Inc generated $11.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $13.0k during the year ending 12/2023. 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
FOCUS THIS YEAR WAS TO HELP FUND INSTALLATION TRAINING FOR NEW AND EXISTING FLOORING INSTALLERS THAT WERE SPONSORED BY MEMBERS OF THE ORGANIZATION. WE OFFERED 22 INDIVIDUAL SCHOLARSHIPS OF $300 EACH TO HELP OFFSET THE FEES FOR THE INSTALLATION TRAINING. THE BALANCE OF THE FEES WERE PAID FOR BY THE MEMBER OR THE INSTALLER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Hegg Executive Director | 2 | $2,700 | |
Bruce Klainot President | 0.5 | $0 | |
Fred Jaeckle Treasurer | 0.5 | $0 | |
Kurt Meiers Secretary | 0.5 | $0 | |
Steve Ulik Board Member | 0.5 | $0 | |
Michael Kerns Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,669 |
| Investment income | $282 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,348 |
| Other Revenue | $0 |
| Total Revenue | $11,299 |
| 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 | $2,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $438 |
| Other expenses | $1,922 |
| Total expenses | $12,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,244 |
| Other assets | $0 |
| Total assets | $30,244 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,244 |