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Wisconsin Technical College System Foundation Inc

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

EIN: 391273103 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wisconsin Technical College System Foundation Inc?

Wisconsin Technical College System Foundation Inc is a nonprofit organization situated in Madison, Wisconsin. Its primary mission is to support career, technical, and adult education in the state. They accomplish this by creating and implementing curriculum design software and materials, offering training and consulting services for the Wisconsin Technical College System (WTCS), and other educational institutions and programs. The foundation also operates various programs, provides products and services, and distributes and licenses intellectual property, all with the aim of assisting WTCS, Wisconsin's technical colleges, and career, technical, and adult education. They have a team of 10 dedicated employees.


Official website here: www.wtcsf.com

Is Wisconsin Technical College System Foundation Inc legitimate?

Wisconsin Technical College System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Technical College System 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: $187,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $844,355

For more financial information, click here


Official website here: www.wtcsf.com

What is the mission statement of Wisconsin Technical College System Foundation Inc?

The Wisconsin Technical College System Foundation Inc's mission is to support the Wisconsin Technical College System (WTCS), the Wisconsin Technical Colleges, and career, technical, and adult education by soliciting and accepting funds and gifts for their benefit. Additionally, the foundation operates projects and activities, provides products and services, and distributes and licenses intellectual property, all with the aim of benefiting these entities. In essence, the Wisconsin Technical College System Foundation Inc serves as a conduit for support, enabling these institutions to thrive and provide valuable education services.


Official website here: www.wtcsf.com

Who is the CEO of Wisconsin Technical College System Foundation Inc?

Paul Gabriel is the Executive Director of Wisconsin Technical College System Foundation Inc.


Official website here: www.wtcsf.com

What is the revenue of Wisconsin Technical College System Foundation Inc?

Wisconsin Technical College System Foundation Inc's revenue in 2022 was $1,539,680.


Official website here: www.wtcsf.com

Who are the executives of Wisconsin Technical College System Foundation Inc and what are their salaries?

The average compensation at Wisconsin Technical College System Foundation Inc during 2022 was $103,219. There are 10 employees and 6 volunteers at Wisconsin Technical College System Foundation Inc.


Here are 11 key members and their salaries:


Daniel Clancy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Chin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sorensen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Wink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gabriel (Executive Director)
  • Compensation: $167,774
  • Related: $0
  • Other: $17,654
Leah Osborn (Wids Director)
  • Compensation: $145,693
  • Related: $0
  • Other: $0
Lori Wermuth (Controller)
  • Compensation: $131,543
  • Related: $0
  • Other: $0
Terri Johnson (Wids Learning Design Consultant)
  • Compensation: $106,662
  • Related: $0
  • Other: $31,034
Annette Czarnecki (Wids Learning Design Consultant)
  • Compensation: $113,206
  • Related: $0
  • Other: $0


Official website here: www.wtcsf.com

Where can I find the form 990 for Wisconsin Technical College System Foundation Inc?

Wisconsin Technical College System Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wtcsf.com

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

Mission Statement of Wisconsin Technical College System Foundation Inc

Wisconsin Technical College System Foundation Inc, in its mission, supports the Wisconsin Technical College System (WTCS), the Wisconsin Technical Colleges, and career, technical, and adult education. It accomplishes this by soliciting and accepting funds and gifts for their benefit. Furthermore, the foundation operates projects, activities, provides products and services, and distributes and licences intellectual property, all aimed at assisting these entities. In essence, Wisconsin Technical College System Foundation Inc plays a crucial role in enhancing the capabilities and resources of the technical colleges and education programs in Wisconsin.

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Impact




October, 2024

Wisconsin Technical College System Foundation Inc significantly enhances career, technical, and adult education across the state. By developing and implementing cutting-edge curriculum design software and materials, it supports the Wisconsin Technical College System (WTCS) and its affiliated colleges in delivering effective educational programs. The foundation also provides essential training and consulting for curriculum development, ensuring that faculty and educators have the resources and skills necessary to craft relevant and impactful learning experiences.

Through its activities, the foundation actively solicits and accepts financial support, which directly benefits educational initiatives and projects within Wisconsin’s technical colleges. By distributing and licensing intellectual property, it further enriches the educational landscape, enabling these institutions to offer quality programs that respond to the evolving needs of students and the workforce. The foundation’s efforts contribute to improving educational outcomes, ultimately fostering a skilled workforce that meets the demands of various industries in Wisconsin.




This information is meant to be a general summary of Wisconsin Technical College System 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
$1,539,680 (2022)
Expenses
$1,430,099 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $194,483
  • Program Service Revenue: $229,500
  • Gross Receipts: $1,985,789

Assets and Liabilities:

  • Total Assets: $6,394,183
  • Total Liabilities: $572,112
  • Net Assets: $5,822,071

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Programs

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

CONTRACTS

Revenue

$229,500

Organization Details

Founding Year

1977

Principal Officer

Paul Gabriel

Main Address

6602 NORMANDY LN, MADISON, WI, 537191081

NTEE Category

Code: B120 - Education

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