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Wctc Foundation Inc

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

EIN: 391325835 ✦ Pewaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wctc Foundation Inc?

Wctc Foundation Inc, situated in Pewaukee, Wisconsin, is a not-for-profit organization dedicated to supporting Waukesha County Technical College (WCTC) and its students. Their primary mission involves soliciting, managing, investing, and utilizing charitable resources to contribute to the educational goals of WCTC students. They aim to secure donations, grants, and bequests, which they then allocate towards maintaining and enhancing WCTC programs. With a small team of three individuals, Wctc Foundation Inc plays a vital role in empowering Waukesha County Technical College students through their philanthropic efforts.


Official website here: www.wctc.edu/foundation

Is Wctc Foundation Inc legitimate?

Wctc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wctc 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: $162,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,748

For more financial information, click here


Official website here: www.wctc.edu/foundation

What is the mission statement of Wctc Foundation Inc?

The Wctc Foundation Inc, established as a not-forprofit organization, is committed to securing charitable resources to aid students at Waukesha County Technical College in achieving their educational goals. The organization's primary function involves soliciting, holding, investing, and expenditing donor funds to support the college's programs and students. The Wctc Foundation Inc serves as a crucial source of endowment funds and other gifts, grants, and bequests, ensuring the maintenance and benefit of Waukesha County Technical College's educational initiatives.


Official website here: www.wctc.edu/foundation

Who is the CEO of Wctc Foundation Inc?

Ellen Phillips is the Chairperson of Wctc Foundation Inc.


Official website here: www.wctc.edu/foundation

What is the revenue of Wctc Foundation Inc?

Wctc Foundation Inc's revenue in 2022 was $1,760,804.


Official website here: www.wctc.edu/foundation

Who are the executives of Wctc Foundation Inc and what are their salaries?

The average compensation at Wctc Foundation Inc during 2022 was $62,856. There are 3 employees and 14 volunteers at Wctc Foundation Inc.


Here are 15 key members and their salaries:


Dan Wolfgram (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Mcgee (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Mccormack (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Manning (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Kubow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Delzer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Lennon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Santos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Brandt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Bealhen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Rodriguez Cordero (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Dillon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hostad (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Nolde (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Phillips (Foundation President)
  • Compensation: $138,150
  • Related: $0
  • Other: $33,714


Official website here: www.wctc.edu/foundation

Where can I find the form 990 for Wctc Foundation Inc?

Wctc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wctc.edu/foundation

Learn more at the official website: www.wctc.edu/foundation

Mission Statement of Wctc Foundation Inc

Wctc Foundation Inc, a not-for-profit organization, is established with a mission to secure charitable resources. Its primary goal is to aid the students of Waukesha County Technical College (WCTC) in achieving their educational objectives. The foundation fulfills this mission by soliciting, holding, investing, and expenditing donor funds, ensuring that the resources are utilized effectively towards the betterment of WCTC's programs and students. Wctc Foundation Inc plays a crucial role in supporting the educational aspirations of WCTC students, using its charitable resources to foster their academic growth and success.

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Impact




October, 2024

WCTC Foundation Inc plays a vital role in enhancing the educational experience for students at Waukesha County Technical College. By securing and managing charitable resources, the organization helps to ensure that financial barriers do not hinder students from achieving their educational goals.

Through the solicitation of gifts, grants, and bequests, WCTC Foundation Inc actively invests in the development of programs that directly benefit students. The endowment funds created and maintained by the foundation provide essential support for scholarships, resources, and innovative projects that enrich the learning environment.

The foundation’s commitment to philanthropy not only supports individual students academically but also strengthens the broader community by fostering a skilled workforce equipped with the appropriate training and education. Ultimately, WCTC Foundation Inc significantly contributes to the personal and professional growth of students, which in turn enhances the vitality and economic development of the entire region.




This information is meant to be a general summary of Wctc 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
$1,760,804 (2022)
Expenses
$1,020,309 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $541,171
  • Program Service Revenue: $100,000
  • Gross Receipts: $4,722,131

Assets and Liabilities:

  • Total Assets: $8,323,756
  • Total Liabilities: $108,263
  • Net Assets: $8,215,493

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Programs

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

DISTRICT SERVICE REVENUE

Revenue

$100,000

Organization Details

Founding Year

1977

Principal Officer

Ellen Phillips

Main Address

800 MAIN STREET C 209, PEWAUKEE, WI, 53072

NTEE Category

Code: T12 - Philanthropy

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