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Wisconsin Lumber Dealers Education Foundation Inc

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

EIN: 271136786 ✦ Hartland, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Lumber Dealers Education Foundation Inc?

Wisconsin Lumber Dealers Education Foundation Inc, based in Hartland, Wisconsin, is a nonprofit organization dedicated to supporting and fostering growth within the retail lumber industry in Wisconsin and the Michigan Upper Peninsula. Their mission includes providing professional education and training for industry members, funding attendance at educational seminars and conferences, and disseminating information about the lumber and building materials industry. Additionally, the foundation offers scholarships and financial aid to individuals interested in pursuing post-secondary education in building materials and trades, as well as sponsoring events for networking and professional development. In 2022, the foundation increased the amount of scholarships awarded and provided tuition assistance to employees attending relevant educational programs.


Official website here: www.wldef.com

Is Wisconsin Lumber Dealers Education Foundation Inc legitimate?

Wisconsin Lumber Dealers Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Lumber Dealers Education 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,000

For more financial information, click here


Official website here: www.wldef.com

What is the mission statement of Wisconsin Lumber Dealers Education Foundation Inc?

The Wisconsin Lumber Dealers Education Foundation (WLDEF) is a non-profit organization established to support and advance the retail lumber industry in Wisconsin and the Michigan Upper Peninsula. Its primary focus is on providing professional education and training to current members based in these regions. The WLDEF supports attendance at educational seminars and conferences and disseminates informational materials about the lumber and building materials industry. Furthermore, it offers scholarships and financial assistance to individuals with an interest in the building materials and building trades to pursue post-secondary school education opportunities.


Official website here: www.wldef.com

What is the revenue of Wisconsin Lumber Dealers Education Foundation Inc?

Wisconsin Lumber Dealers Education Foundation Inc's revenue in 2023 was $65,281.


Official website here: www.wldef.com

Who are the executives of Wisconsin Lumber Dealers Education Foundation Inc and what are their salaries?

The average compensation at Wisconsin Lumber Dealers Education Foundation Inc during 2023 was $5,000. There is 1 employee and 11 volunteers at Wisconsin Lumber Dealers Education Foundation Inc.

Here are 12 key members and their salaries:


Chris Hegeman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Goodman (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Balduzzi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Halvorsen (Secretary (Thru January))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Buswell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Klingbeil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Postel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Quandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Balduzzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hughes (Associate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peder Anderson (Associate Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rasmussen (Treasurer (Thru January))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wldef.com

Where can I find the form 990 for Wisconsin Lumber Dealers Education Foundation Inc?

Wisconsin Lumber Dealers Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wldef.com

Learn more at the official website: www.wldef.com

Mission Statement of Wisconsin Lumber Dealers Education Foundation Inc

The Wisconsin Lumber Dealers Education Foundation, a non-profit organization, was established with the primary mission to support and promote the retail lumber industry in Wisconsin and the Michigan Upper Peninsula. The foundation's core objective is to provide professional education and training to current members based in these regions. This is achieved by facilitating attendance at educational seminars and conferences, and disseminating informative materials about the lumber and building materials industry. Furthermore, the Wisconsin Lumber Dealers Education Foundation offers scholarships and financial aid to individuals with an interest in the building materials and building trades, to help them pursue post-secondary school education opportunities. In essence, the foundation's mission is to empower its members and aspiring professionals in the lumber and building materials industry through education and financial assistance.

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Impact




October, 2024

Wisconsin Lumber Dealers Education Foundation Inc significantly enhances the retail lumber industry in Wisconsin and the Michigan Upper Peninsula by promoting professional education and training among its members. Through scholarships and financial assistance, the foundation empowers individuals interested in careers related to the lumber and building materials sector, supporting their pursuit of post-secondary education.

In 2022, the foundation increased scholarship amounts and awarded five scholarships to students committed to careers in the building trades and business management. Additionally, it provided tuition assistance for employees of member businesses attending relevant educational programs, further elevating industry standards.

The foundation also actively engages the community by co-sponsoring events such as the Wisconsin Lumber Dealers Leadership Conference, which fosters networking and professional development opportunities for retail lumber dealers. By disseminating educational resources and promoting industry knowledge, the foundation plays a vital role in sustaining and advancing the lumber and building materials industry, ultimately contributing to economic improvement in the region.




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


Financials

This financial information is from Propublica.

Revenue
$65,281 (2023)
Expenses
$89,698 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $62,218
  • Gross Receipts: $196,031

Assets and Liabilities:

  • Total Assets: $1,659,816
  • Total Liabilities: $0
  • Net Assets: $1,659,816

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Organization Details

Founding Year

2010

Principal Officer

Chris Hegeman

NTEE Category

Code: S41 - Community improvement

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