Impact Preservation Corporation

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

EIN: 371581358 ✦ Rice lake, WI ✦ Designated as a 501(c)(4)

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Overview

What is Impact Preservation Corporation?

Impact Preservation Corporation, located in Rice Lake, Wisconsin, is a public sector or cooperative organization with a strong focus on rural development. Their primary mission is to offer loans, aiming to stimulate growth and improvement in rural areas. As a public cooperative or veteran organization, they contribute to the community's development by making financing available for various projects, thereby promoting economic progress in rural Wisconsin.

Is Impact Preservation Corporation legitimate?

Impact Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Impact Preservation 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 Impact Preservation Corporation?

Impact Preservation Corporation, as a public sector or veteran organization, is committed to fulfilling its mission of offering rural development loans. This mission aims to support economic growth and development in rural areas by providing accessible financial resources. By offering these loans, the corporation contributes to improving the living standards and fostering community development in rural communities. The corporation's activities primarily focus on providing financial assistance to eligible individuals and organizations for various rural development projects.

Who is the CEO of Impact Preservation Corporation?

Brett Gerber is the President/Ceo of Impact Preservation Corporation. The CEO's salary of Impact Preservation Corporation is $0 and their total compensation is $580,678.

What is the revenue of Impact Preservation Corporation?

Impact Preservation Corporation's revenue in 2022 was $85,981.

Who are the executives of Impact Preservation Corporation and what are their salaries?


Here are 3 key members and their salaries (Impact Preservation Corporation's CEO's salary is $0 and their total compensation is $580,678):


Brett Gerber (President/Ceo)
  • Compensation: $0
  • Related: $444,686
  • Other: $135,992
Terra Pawliuk-Mcgiffin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $112,592
  • Other: $35,825
Caroline Loyas (Director)
  • Compensation: $0
  • Related: $105,602
  • Other: $27,978
Where can I find the form 990 for Impact Preservation Corporation?

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

Mission Statement of Impact Preservation Corporation

Impact Preservation Corporation, as a public sector, public cooperative, or veteran organization, is dedicated to fulfilling a mission that is fundamental to rural development. At its core, this mission revolves around providing loans for rural development. By offering these loans, Impact Preservation Corporation plays a significant role in fostering growth and improvement in rural areas. The organization's mission is not just about lending money; it's about investing in the future of rural communities, supporting their development, and contributing to their overall prosperity.

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Impact




October, 2024

Impact Preservation Corporation plays a crucial role in fostering economic growth and stability in rural areas by providing essential rural development loans. Based in Rice Lake, WI, it supports local communities by making financial resources accessible, enabling individuals and businesses to invest in their properties and initiatives. This initiative not only boosts the local economy but also enhances the quality of life for residents by promoting sustainable development and self-sufficiency. By focusing on rural development, Impact Preservation Corporation contributes to the overall health of the region, ensuring that underserved areas receive the necessary support to thrive.




This information is meant to be a general summary of Impact Preservation 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
$85,981 (2022)
Expenses
$21,612 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $172
  • Program Service Revenue: $84,910
  • Gross Receipts: $85,981

Assets and Liabilities:

  • Total Assets: $3,056,945
  • Total Liabilities: $1,388,941
  • Net Assets: $1,668,004

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Programs

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

INTEREST INCOME - PROG

Revenue

$84,910

Organization Details

Founding Year

1996

Principal Officer

Brett Gerber

Main Address

2961 DECKER DRIVE, RICE LAKE, WI, 54868

NTEE Category

Code: W00 - Public benefit

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