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Wisconsin Historical Real Estate Foundation Inc

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

EIN: 300595385 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wisconsin Historical Real Estate Foundation Inc?

Wisconsin Historical Real Estate Foundation Inc is a nonprofit organization based in Madison, Wisconsin, with a mission to collaborate with the private sector to create innovative investment opportunities. By holding investments in various asset types such as equities, developable property, net lease property, and commodities, the foundation aims to generate new assets and revenue streams. The foundation may also serve as a resource for owners, developers, investors, municipalities, and historic preservationists in the future. Currently, the Wisconsin Historical Real Estate Foundation holds title to six parcels of vacant land, adjacent to Wade House and Reed School, both Wisconsin historic sites. The foundation's primary goal is to support the mission of the Wisconsin Historical Society and Wisconsin Historical Foundation, promoting the preservation and reuse of historic structures in Wisconsin.


Official website here: www.wisconsinhistory.org/whf

Is Wisconsin Historical Real Estate Foundation Inc legitimate?

Wisconsin Historical Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Historical Real Estate 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: $0

For more financial information, click here


Official website here: www.wisconsinhistory.org/whf

What is the mission statement of Wisconsin Historical Real Estate Foundation Inc?

The Wisconsin Historical Real Estate Foundation exists with the purpose of supporting the mission of the Wisconsin Historical Society and the Wisconsin Historical Foundation. Its primary goal is to promote the preservation and reuse of historic structures in Wisconsin. To achieve this, the foundation partners with the private sector in innovative ways, offering creative opportunities for investment and generating new assets and revenue streams. The Wisconsin Historical Real Estate Foundation may hold these investments to garner future appreciation. Asset types may include equities, developable property, net lease property, and commodities, although the foundation currently has no specific strategies seeking donations in these areas. In the future, the foundation may also become a resource for owners, developers, investors, municipalities, and historic preservationists as historic properties are preserved using tax credit methodology. Currently, the foundation holds title to six parcels of vacant land adjacent to Wade House and Reed School, both Wisconsin historic sites.


Official website here: www.wisconsinhistory.org/whf

Who is the CEO of Wisconsin Historical Real Estate Foundation Inc?

Julie Lussier is the President of Wisconsin Historical Real Estate Foundation Inc.


Official website here: www.wisconsinhistory.org/whf

What is the revenue of Wisconsin Historical Real Estate Foundation Inc?

Wisconsin Historical Real Estate Foundation Inc's revenue in 2022 was $4,271.


Official website here: www.wisconsinhistory.org/whf

Who are the executives of Wisconsin Historical Real Estate Foundation Inc and what are their salaries?

There 5 volunteers at Wisconsin Historical Real Estate Foundation Inc.


Here are 6 key members and their salaries:


Bruce Block (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Beck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Wilder (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Gorman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Shumow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Lussier (Executive Director)
  • Compensation: $0
  • Related: $136,585
  • Other: $28,292


Official website here: www.wisconsinhistory.org/whf

Where can I find the form 990 for Wisconsin Historical Real Estate Foundation Inc?

Wisconsin Historical Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wisconsinhistory.org/whf

Learn more at the official website: www.wisconsinhistory.org/whf

Mission Statement of Wisconsin Historical Real Estate Foundation Inc

Wisconsin Historical Real Estate Foundation Inc exists with the primary objective of supporting the mission of the Wisconsin Historical Foundation and the State Historical Society of Wisconsin. This organization's mission is centered around promoting the preservation and reuse of historic structures in Wisconsin. To accomplish this, the Wisconsin Historical Real Estate Foundation collaborates with the private sector, offering innovative opportunities for investment and creating new assets and revenue streams for the foundation. The foundation may choose to retain these investments to benefit from future appreciation. The types of assets the foundation might invest in include equities, developable property, net lease property, and commodities, although it currently does not have specific strategies in place seeking donations in these areas. In the future, the Wisconsin Historical Real Estate Foundation may also serve as a resource for owners, developers, investors, municipalities, and historic preservationists as historic properties are preserved using tax credit methodology. Currently, the Wisconsin Historical Real Estate Foundation holds title to six parcels of vacant land, which are adjacent to Wade House and Reed School, both being recognized as Wisconsin historic sites.

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Impact




October, 2024

Wisconsin Historical Real Estate Foundation Inc has a significant impact on the preservation and promotion of Wisconsin's rich historical heritage. By partnering with the private sector, it creates innovative investment opportunities that support the Wisconsin Historical Foundation and the State Historical Society of Wisconsin. This collaborative approach allows for the generation of new assets and revenue streams, ultimately reinforcing the mission of historical preservation.

The foundation currently holds title to six parcels of vacant land adjacent to Wade House and Reed School, both recognized historic sites. This strategic ownership not only protects these vital pieces of history but also positions the Foundation as a potential resource for owners, developers, investors, municipalities, and historic preservationists. The application of tax credit methodologies in the preservation of historic properties opens up avenues for sustainable development while honoring the architectural and cultural legacy of the state.

By fostering creativity and collaboration in historic site investment and management, the foundation contributes to the overall enrichment of the community's historical narrative and promotes responsible stewardship of its cultural resources. The impact extends beyond mere preservation; it encourages economic growth and community engagement through the revitalization of historic structures, making Wisconsin's history accessible and relevant for future generations.




This information is meant to be a general summary of Wisconsin Historical Real Estate 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
$4,271 (2022)
Expenses
$8,416 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $4,271
  • Gross Receipts: $4,271

Assets and Liabilities:

  • Total Assets: $654,083
  • Total Liabilities: $0
  • Net Assets: $654,083

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Programs

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

SERVICE FEES

Revenue

$4,271

Organization Details

Founding Year

2009

Principal Officer

Julie Lussier

Main Address

816 STATE ST, MADISON, WI, 537061417

NTEE Category

Code: A11 - Arts

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