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Wlcfs Investment Corporation

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

EIN: 363678906 ✦ Germantown, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wlcfs Investment Corporation?

Wlcfs Investment Corporation is a nonprofit organization situated in Germantown, Wisconsin. Its primary purpose is to financially support and benefit Wisconsin Lutheran Child & Family Service, Inc., a charitable and religious organization, by raising funds and managing investments. By doing so, the corporation aims to earn income that is exclusively utilized to support the aforementioned organization's operations. This partnership allows the Wisconsin Lutheran Child & Family Service, Inc. to continue its mission of providing essential support to families and children in need.

Is Wlcfs Investment Corporation legitimate?

Wlcfs Investment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wlcfs Investment Corporation 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

What is the mission statement of Wlcfs Investment Corporation?

Wlcfs Investment Corporation's mission is centered around supporting the objectives of Wisconsin Lutheran Child and Family Services (WLCFS). By managing investments and raising funds, Wlcfs Investment Corporation aims to generate income. This income is then utilized exclusively to provide financial assistance to WLCFS, a 501(c)(3) organization, which is committed to carrying out its charitable and religious purposes. In essence, Wlcfs Investment Corporation serves as a financial backbone, contributing to the fulfillment of WLCFS's mission.

Who is the CEO of Wlcfs Investment Corporation?

David Egelseer is the President of Wlcfs Investment Corporation. The CEO's salary of Wlcfs Investment Corporation is $0 and their total compensation is $165,350.

What is the revenue of Wlcfs Investment Corporation?

Wlcfs Investment Corporation's revenue in 2022 was -$280,481.

Who are the executives of Wlcfs Investment Corporation and what are their salaries?


Here are 7 key members and their salaries (Wlcfs Investment Corporation's CEO's salary is $0 and their total compensation is $165,350):


David Egelseer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Michel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Witz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Burrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Klug (Ceo)
  • Compensation: $0
  • Related: $142,858
  • Other: $22,492
Marc Devillers (Director Of Finance)
  • Compensation: $0
  • Related: $119,027
  • Other: $10,943
Joshua Mears (Highest Compensated Employ)
  • Compensation: $0
  • Related: $147,933
  • Other: $22,904
Where can I find the form 990 for Wlcfs Investment Corporation?

Wlcfs Investment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wlcfs Investment Corporation

Wlcfs Investment Corporation, with a mission to advance the cause of Wisconsin Lutheran Child and Family Services (WLCFS), primarily focuses on fundraising and investment management. Their primary goal is to generate income through these activities, which they then utilize exclusively to provide financial support to WLCFS, a 501(C)(3) organization. This nonprofit organization, dedicated to charitable and religious purposes, benefits from Wlcfs Investment Corporation's financial backing, enabling it to continue its vital work in the community. By managing investments and fundraising, Wlcfs Investment Corporation serves as a crucial financial pillar for WLCFS, ensuring the continuity of its mission to support children and families in need.

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Impact




October, 2024

Wlcfs Investment Corporation plays a critical role in financing and supporting the Wisconsin Lutheran Child and Family Services (WLCFS), enhancing its ability to fulfill its charitable and religious mission. By effectively managing investments and generating income through donations, the Corporation ensures that essential financial resources are available for WLCFS to provide vital services to children and families in need. This support enables WLCFS to carry out its programs and initiatives, which are key to promoting well-being and serving the community in Germantown, WI, and beyond. Through its strategic financial stewardship, Wlcfs Investment Corporation reinforces the mission of WLCFS and contributes significantly to the betterment of vulnerable populations.




This information is meant to be a general summary of Wlcfs Investment Corporation. 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
-$280,481 (2022)
Expenses
$1,451,511 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$368,107
  • Gross Receipts: $1,433,295

Assets and Liabilities:

  • Total Assets: $6,969,994
  • Total Liabilities: $0
  • Net Assets: $6,969,994

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Organization Details

Founding Year

1991

Principal Officer

David Egelseer

Main Address

W175 N11120 STONEWOOD DRIVE, GERMANTOWN, WI, 53022

NTEE Category

Code: P110 - Human services

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