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Wmc Foundation Inc

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

EIN: 391394068 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Wmc Foundation Inc?

Wmc Foundation Inc, based in Madison, Wisconsin, is a nonprofit organization committed to enhancing economic and financial literacy among high school students. Their primary mission is to sponsor and conduct educational programs and seminars related to business and economics, fostering a deeper understanding of the free enterprise system and its intricacies. The foundation achieves this goal through Summer Camps and one-day "Mini" programs, offering hands-on exercises that simulate running a business and expose students to various career opportunities after high school or college. Wmc Foundation Inc is dedicated to fostering a better Wisconsin by promoting educational programs on business issues, the free enterprise system, and workforce development initiatives.


Official website here: www.wmcfoundation.org

Is Wmc Foundation Inc legitimate?

Wmc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wmc Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wmcfoundation.org

What is the mission statement of Wmc Foundation Inc?

The WMC Foundation Inc is committed to promoting a better understanding of business and economics through educational programs and seminars. Its mission is to foster a deeper appreciation of the complexities of the free enterprise system and its impact on various aspects, including workplace, employee training, and education. The foundation aims to sponsor initiatives that educate on business issues and workforce development. One of their programs, Wisconsin Business World, targets high school students, providing economic and financial literacy education. This program, which includes summer camps and one-day mini-programs, introduces students to the intricacies of business, helping them understand the day-to-day operations of a business and the variety of career opportunities available after high school or college.


Official website here: www.wmcfoundation.org

Who is the CEO of Wmc Foundation Inc?

Kurt Bauer is the Chairman/Ceo of Wmc Foundation Inc. The CEO's salary of Wmc Foundation Inc is $0 and their total compensation is $560,171.


Official website here: www.wmcfoundation.org

What is the revenue of Wmc Foundation Inc?

Wmc Foundation Inc's revenue in 2022 was $1,130,604.


Official website here: www.wmcfoundation.org

Who are the executives of Wmc Foundation Inc and what are their salaries?

Here are 20 key members and their salaries (Wmc Foundation Inc's CEO's salary is $0 and their total compensation is $560,171):

    Kurt Bauer (Chairman/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $491,009
  • Other: $69,162

    • Drew Slocum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Schieber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Metcalf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connor Meloy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Victorson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Loehr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Kowalski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kamphuis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Christen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jp Brummond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Thomas Boldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Bermke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Ariens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Howatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Schmidt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Mack (Director (Thru 1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wmcfoundation.org

    Where can I find the form 990 for Wmc Foundation Inc?

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


    Official website here: www.wmcfoundation.org

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

    Mission Statement of Wmc Foundation Inc

    WMC Foundation Inc, a nonprofit organization, is committed to building a better Wisconsin by providing educational programs on business issues, the free enterprise system, and economics. Their mission is to foster a deeper understanding of the challenges faced by businesses and industries, as well as the principles that underpin the free market enterprise. Besides this, the foundation focuses on workforce development initiatives, aiming to equip individuals with the necessary skills to thrive in the business world.

    In line with its mission, WMC Foundation Inc has introduced Wisconsin Business World, a program designed to educate high school students about economics and financial literacy. This program, which includes summer camps and one-day mini-programs, engages students in hands-on activities that simulate running a business. By the end of each program, students gain a more comprehensive understanding of the intricacies of business and are exposed to various career opportunities available post-high school or college. The program serves multiple school districts across the state, contributing to a more informed and skilled workforce in Wisconsin.

    Impact

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




    Saturday, July 20, 2024

    The Wmc Foundation Inc has a significant impact on building a better Wisconsin by providing educational programs focused on business issues, the free enterprise system, economics, and workforce development initiatives. Through their flagship program, Wisconsin Business World, they offer high school students hands-on experiences in economic and financial literacy, teaching the importance of free-market enterprise. By hosting summer camps and one-day programs throughout the state, the foundation equips students with a better understanding of business intricacies and exposes them to various career opportunities after high school or college. Overall, Wmc Foundation Inc plays a crucial role in fostering a greater understanding of business and industry among the youth, contributing to the community's improvement and the development of future business leaders.





    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: $22,908
  • Program Service Revenue: $70,635
  • Gross Receipts: $1,545,218

    • Assets and Liabilities:
  • Total Assets: $4,176,361
  • Total Liabilities: $341,811
  • Net Assets: $3,834,550
  • Programs

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

    CONFERENCES, SEMINARS, AND EVENTS

    Revenue

    $70,635

    Organization Details

    Founding Year

    1981

    Principal Officer

    Kurt Bauer

    Main Address

    501 E WASHINGTON AVE, MADISON, WI, 537032914

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of Wmc Foundation 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.