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Wisconsin Trust Account Foundation Inc

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

EIN: 391555465 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Wisconsin Trust Account Foundation Inc?

Wisconsin Trust Account Foundation Inc, based in Madison, Wisconsin, is a nonprofit organization dedicated to enhancing access to justice. The foundation funds and invests in services and projects, collaborating with civil legal aid organizations across the state. In 2022, they provided direct legal services grants to seventeen legal services agencies, aiding low-income individuals and families in areas such as family, housing, employment, disability, and consumer law. The foundation's operational costs are covered by the interest on lawyers' trust accounts and other revenue sources, according to a written cost allocation policy. The organization employs a modest workforce of four individuals.


Official website here: www.wistaf.org

Is Wisconsin Trust Account Foundation Inc legitimate?

Wisconsin Trust Account Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Trust Account 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: $139,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,382

For more financial information, click here


Official website here: www.wistaf.org

What is the mission statement of Wisconsin Trust Account Foundation Inc?

The Wisconsin Trust Account Foundation collaborates with civil legal aid organizations in the state to expand access to justice. They manage funds and invest in services and projects to aid individuals in resolving their legal issues. The foundation provides direct legal services grants, distributing awards to seventeen legal services agencies to assist low-income individuals and families with civil legal needs in areas like family, housing, employment, disability, and consumer law. Their administrative costs are covered through the Interest on Lawyers Trust Accounts (IOLTA) program and other revenue sources, following a written cost allocation policy.


Official website here: www.wistaf.org

Who is the CEO of Wisconsin Trust Account Foundation Inc?

Michelle Knutson is the Chairperson of Wisconsin Trust Account Foundation Inc.


Official website here: www.wistaf.org

What is the revenue of Wisconsin Trust Account Foundation Inc?

Wisconsin Trust Account Foundation Inc's revenue in 2022 was $3,801,162.


Official website here: www.wistaf.org

Who are the executives of Wisconsin Trust Account Foundation Inc and what are their salaries?

The average compensation at Wisconsin Trust Account Foundation Inc during 2022 was $81,678. There are 4 employees and 18 volunteers at Wisconsin Trust Account Foundation Inc.

Here are 18 key members and their salaries:

    Rebecca Murray (Executive Director)
  • Compensation: $137,542
  • Related: $0
  • Other: $0

    • April Barker (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Joanne Kloppenburg (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Vang (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Knutson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Andrews (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Dahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Sandra Giernoth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Hlavacka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Thomas Hruz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Kindkeppel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deanne Koll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deangela Monique Luna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jamie Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Carolina Maria Stark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Stertz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atty April Toy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wistaf.org

    Where can I find the form 990 for Wisconsin Trust Account Foundation Inc?

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


    Official website here: www.wistaf.org

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

    Mission Statement of Wisconsin Trust Account Foundation Inc

    The Wisconsin Trust Account Foundation, a nonprofit organization, collaborates with legal aid organizations in Wisconsin to enhance access to justice. Their primary mission involves overseeing funds and investing in services and projects to aid individuals and families in resolving their legal issues, particularly in areas such as family, housing, employment, disability, and consumer law. By working closely with legal aid organizations, the Foundation plays a crucial role in making legal assistance more accessible to those who may not be able to afford it, thereby contributing to a more equitable justice system. They do not derive any revenues directly from these activities. Instead, administrative costs for managing the grant programs are funded through the Interest on Lawyers Trust Accounts (IOLTA) Program, as per Wisconsin Supreme Court Rules Chapter 13, and portions of other revenue sources, based on a written cost allocation policy or calculation.

    Impact

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




    Saturday, July 20, 2024

    Wisconsin Trust Account Foundation Inc's impact is profound and vital. By working with civil legal aid organizations in Wisconsin, the foundation significantly increases access to justice for individuals and families facing legal challenges. Through direct legal services grants, the foundation supports low-income individuals in various areas such as family, housing, employment, disability, and consumer law. This assistance is crucial in helping people address their legal needs and navigate complex legal issues.





    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: $37,773
  • Program Service Revenue: $1,943,334
  • Gross Receipts: $5,317,112

    • Assets and Liabilities:
  • Total Assets: $3,979,939
  • Total Liabilities: $375,950
  • Net Assets: $3,603,989
  • Programs

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

    TRUST ACCOUNT INTEREST INCOME

    Revenue

    $908,767

    ATTORNEY ASSESSMENTS

    Revenue

    $908,450

    PRO HAC VICE FEES

    Revenue

    $85,100

    CY PRES AWARDS

    Revenue

    $41,017

    Organization Details

    Founding Year

    1986

    Principal Officer

    Michelle Knutson

    Main Address

    4600 AMERICAN PKWY NO 104, MADISON, WI, 53718

    NTEE Category

    Code: I800 - Crime

    If you are a representative of Wisconsin Trust Account 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.