Wausau 525 Group Inc
- Assets
- $4.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 86-1117206
Organization Overview
Wausau 525 Group Inc is located in Wausau, WI. The organization was established in 2005. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wausau 525 Group Inc 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 06/2022, Wausau 525 Group Inc generated $131.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $147.5k during the year ending 06/2022. While expenses have increased by 18.7% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR THE FLIP FUND BY HOLDING AN ANNUAL SNOWMOBILE RACE AND TRACTOR PULL
Describe the Organization's Program Activity:
Part 3
THE WAUSAU 525 SNOWMOBILE CHAMPIONSHIP EVENT WAS HELD IN JANUARY 2018 FROM WHICH NET FUNDS WERE OR WILL BE DISTRIBUTED TO OTHER CHARITABLE ORGANIZATIONS.
THE AUGUST-OH FEST TRUCK/TRACTOR PULL EVENT WAS HELD IN AUGUST 2017 FROM WHICH NET FUNDS WERE OR WILL BE DISTRIBUTED TO OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Merwin Presidenttreasurer | 30 | $0 | |
Jeffrey Toldness Director | 1 | $0 | |
Phil Bickley Director | 1 | $0 | |
Ron Wimmer Director | 1 | $0 | |
Todd Nagel Director | 1 | $0 | |
Clint Sillars Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,435 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,436 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $14,383 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $132,241 |
| Total expenses | $147,451 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,489 |
| Other assets | $0 |
| Total assets | $4,873 |
| Total liabilities | $107,945 |
| Net assets or fund balances | -$103,072 |