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Wispact Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020704244 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Wispact Inc?

Wispact Inc, situated in Madison, Wisconsin, is a dedicated nonprofit organization that focuses on providing essential services for individuals with disabilities. Their primary role involves managing and overseeing pooled and community trusts, ensuring the well-being of people with disabilities across Wisconsin. By doing so, Wispact Inc aims to expand choices and opportunities for these individuals. The organization's team of beneficiary specialists processes disbursement requests from trust accounts for beneficiaries, while trust advisors facilitate the setup of new trust accounts. Wispact Inc operates with a workforce of 21 dedicated individuals, committed to enhancing the lives of those with disabilities in Wisconsin.


Official website here: www.wispact.org

Is Wispact Inc legitimate?

Wispact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wispact Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $206,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,246,585

For more financial information, click here


Official website here: www.wispact.org

What is the mission statement of Wispact Inc?

Wispact Inc's mission is centered around enhancing the well-being of individuals with disabilities of all ages, residing in Wisconsin. They achieve this goal by managing and supervising community and pooled trusts. The organization promotes more choices and opportunities for these individuals by overseeing special needs trusts. Wispact Inc provides various services to both beneficiaries and those who create these trusts for disabled individuals. These services include offering information, referrals, advocacy, and oversight. Beneficiary specialists process disbursement requests from beneficiaries' trust accounts, while trust advisors facilitate the setup of new trust accounts.


Official website here: www.wispact.org

Who is the CEO of Wispact Inc?

Kevin Hayde is the Executive Director of Wispact Inc.


Official website here: www.wispact.org

What is the revenue of Wispact Inc?

Wispact Inc's revenue in 2022 was $7,114,677.


Official website here: www.wispact.org

Who are the executives of Wispact Inc and what are their salaries?

The average compensation at Wispact Inc during 2022 was $69,203. There are 21 employees and 17 volunteers at Wispact Inc.

Here are 18 key members and their salaries:

    Kevin Hayde (Executive Director)
  • Compensation: $173,951
  • Related: $0
  • Other: $32,736

    • Eric Degroot (Foundation Director)
  • Compensation: $119,496
  • Related: $0
  • Other: $19,459

    • Julie Strenn (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Hughes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordon Geiger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Erwin (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gene Larock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blaine Patino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Poster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Schilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Schraeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryne Auerback (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marissa Blackmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aric Burch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Imediegwu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Konrath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Wilkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Wingard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wispact.org

    Where can I find the form 990 for Wispact Inc?

    The Wispact Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wispact.org

    Learn more at the official website: www.wispact.org

    Mission Statement of Wispact Inc

    Wispact Inc, a nonprofit organization, is committed to enhancing the well-being of individuals with disabilities across Wisconsin. They achieve this mission by managing and supervising pooled and community trusts for disabled individuals and for charitable purposes. Wispact's primary goal is to promote more choices and opportunities for people with disabilities, allowing them to live more fulfilling lives.

    To accomplish this, Wispact provides a range of services to both beneficiaries and creators of special needs trust accounts. Their beneficiary specialists offer information, referral, advocacy, and oversight to individuals who benefit from these trusts. They also process disbursement requests for beneficiaries from their trust accounts. Furthermore, Wispact's trust advisors facilitate the setup of new trust accounts, ensuring that disabled persons have access to the financial support they need.

    In essence, Wispact Inc is dedicated to supporting individuals with disabilities by managing their trusts and providing essential services. Their mission is to empower these individuals, allowing them to make choices that enhance their quality of life and provide them with opportunities for growth and development.

    Impact

    This information is meant to be a general summary of Wispact Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Wispact Inc's impact is felt through its dedicated management and supervision of pooled and community trusts for persons with disabilities. By providing essential services such as information, referral, advocacy, and oversight to individuals creating or benefiting from special needs trust accounts, Wispact ensures that disabled individuals have access to the necessary resources and support for their well-being. Through their mission to enhance the lives of people with disabilities in Wisconsin, Wispact promotes choice and opportunities for individuals of all ages, contributing positively to the community's human services sector.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-114,703
  • Program Service Revenue: $7,229,380
  • Gross Receipts: $10,229,587

    • Assets and Liabilities:
  • Total Assets: $18,413,551
  • Total Liabilities: $684,889
  • Net Assets: $17,728,662
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRUST PROCEEDS UPON TERMINATION

    Revenue

    $4,790,231

    SERVICE FEES

    Revenue

    $1,978,684

    RETAINED FUND REIMBURSEMENT

    Revenue

    $280,315

    SET UP FEES

    Revenue

    $180,150

    Organization Details

    Founding Year

    2002

    Principal Officer

    Kevin Hayde

    Main Address

    226 CORPORATE DR, MADISON, WI, 537142406

    NTEE Category

    Code: P80 - Human services

    If you are a representative of Wispact Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.