Overview
What is Wisconsin Preservation Fund Inc?
Wisconsin Preservation Fund Inc is a nonprofit organization situated in Milwaukee, Wisconsin. Its primary mission is to foster the preservation of historic structures, combat urban decay, revitalize urban areas, and advocate for affordable housing. The organization accomplishes this by directly owning and developing real estate, as well as offering loans and grants to entities or individuals working towards similar initiatives. By doing so, Wisconsin Preservation Fund Inc plays a significant role in preserving heritage and improving the livability of communities across the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
The Wisconsin Preservation Fund Inc has received a Three-Star rating from Charity Navigator, reflecting its overall score of 78%. This rating is primarily derived from the organization's Accountability & Finance metrics, where it particularly excels in areas like independent board membership and financial oversight. With a majority of independent board members and a comprehensive audit committee, the organization demonstrates strong governance practices.
Despite its strengths, the nonprofit has some areas for improvement, particularly in policy documentation. Notably, the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could potentially impact its operational transparency. However, it maintains a high program expense ratio of 96.82%, indicating that a significant portion of its resources are directed towards its mission.
Overall, the Wisconsin Preservation Fund Inc shows a solid financial footing and strong commitment to its preservation goals, though enhancing its policy frameworks could further bolster its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Preservation Fund Inc legitimate?
Wisconsin Preservation Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Preservation Fund 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
What is the mission statement of Wisconsin Preservation Fund Inc?
Wisconsin Preservation Fund Inc is committed to preserving historic structures, combating urban decay, revitalizing urban areas, and promoting affordable housing. They achieve this by directly owning and developing real estate or providing loans and grants to entities or individuals who are furthering these same initiatives. The organization's goal is to reverse urban deterioration and enhance urban living spaces, thereby ensuring the preservation of historical architectural heritage and providing affordable housing options for the community.
Who is the CEO of Wisconsin Preservation Fund Inc?
Bruce T Block is the Pres/Treas of Wisconsin Preservation Fund Inc.
What is the revenue of Wisconsin Preservation Fund Inc?
Wisconsin Preservation Fund Inc's revenue in 2023 was $1,724,672.
Who are the executives of Wisconsin Preservation Fund Inc and what are their salaries?
There 12 volunteers at Wisconsin Preservation Fund Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wisconsin Preservation Fund Inc?
Wisconsin Preservation Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Wisconsin Preservation Fund Inc
Wisconsin Preservation Fund Inc, a nonprofit organization, is dedicated to promoting the preservation of historic structures. Their mission is multifaceted, aiming to reverse urban deterioration, revitalize urban areas, and advocate for affordable housing. They achieve this by directly owning and developing real estate or providing loans and grants to entities and individuals who share these same objectives. The organization's primary goal is to ensure the preservation of historic structures, thereby contributing to the preservation of a city's cultural heritage. Additionally, they strive to improve urban areas by reversing deterioration and revitalizing communities, making them more attractive and livable for residents. Furthermore, Wisconsin Preservation Fund Inc is committed to promoting affordable housing, recognizing the importance of this issue in ensuring a city's overall growth and sustainability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Wisconsin Preservation Fund Inc's impact is focused on promoting the preservation of historic structures, reversing urban deterioration, revitalizing urban areas, and promoting affordable housing. They achieve this through direct ownership and development of real estate as well as providing loans and grants to entities or individuals who are furthering these initiatives. Their work in Milwaukee, WI, aims to ensure the preservation of historic buildings, improve urban areas, and increase access to affordable housing for the community. Through their efforts, Wisconsin Preservation Fund Inc contributes to the overall sustainability and vibrancy of the city, addressing crucial issues related to urban development and housing.
This information is meant to be a general summary of Wisconsin Preservation Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $63,851
- Program Service Revenue: $454,292
- Gross Receipts: $1,818,307
Assets and Liabilities:
- Total Assets: $13,051,226
- Total Liabilities: $7,546,248
- Net Assets: $5,504,978
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS RECEIVABLE INTEREST
Revenue
$232,149
ORIGINATION FEES
Revenue
$104,142
MISCELLANEOUS INCOME
Revenue
$56,888
AMORTIZATION OF N/R DISCOUNT
Revenue
$52,195
SERVICE FEES
Revenue
$4,918
Organization Details
Founding Year
1989
Phone
(414) 298-1000Principal Officer
Bruce T Block
Main Address
1000 NORTH WATER STREET 17TH FLOOR, MILWAUKEE, WI, 532020900
NTEE Category
Code: L250 - Housing
If you are a representative of Wisconsin Preservation Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.