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Wisconsin Real Estate Alumni Association

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

EIN: 391673863 ✦ Pewaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wisconsin Real Estate Alumni Association?

The Wisconsin Real Estate Alumni Association is a nonprofit organization based in Pewaukee, Wisconsin. Established with the purpose of providing direct contributions and fostering support among alumni, its primary goal is to advance the Real Estate and Urban Land Economics program at the University of Wisconsin - Madison. To achieve this mission, the association actively works towards furthering the University of Wisconsin's Real Estate program, focusing on strengthening its reach and impact. With a small team of four dedicated individuals, the Wisconsin Real Estate Alumni Association plays an essential role in supporting the growth and development of the real estate field within the University of Wisconsin's community.


Official website here: www.wreaa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (73%)

The Wisconsin Real Estate Alumni Association has received a two-star rating from Charity Navigator, indicating areas for improvement in its accountability and financial practices. The organization performs well in terms of independent board membership and maintaining a low liabilities-to-assets ratio, evidencing a strong governance structure and financial health.

However, significant concerns arise from the absence of key financial documentation, including financial statements and a tax form on their website. The lack of a whistleblower policy and a document retention policy further reflects gaps in operational transparency, which could affect stakeholder trust and engagement.

On a positive note, the association allocates a high percentage of its expenses to programs, suggesting a commitment to its mission. With a program expense ratio of 92%, it is evident that the organization prioritizes direct impact. Nonetheless, addressing the identified deficiencies in governance and documentation could enhance its overall rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Wisconsin Real Estate Alumni Association legitimate?

Wisconsin Real Estate Alumni Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Real Estate Alumni Association 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: $168,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,213

For more financial information, click here


Official website here: www.wreaa.org

What is the mission statement of Wisconsin Real Estate Alumni Association?

The Wisconsin Real Estate Alumni Association's mission is centered around supporting and advancing the Real Estate and Urban Land Economics program at the University of Wisconsin-Madison. They aim to accomplish this by making direct contributions and fostering a sense of unity among alumni. This collective effort is intended to enhance the educational experience and development of the Real Estate and Urban Land Economics program at the University of Wisconsin-Madison.


Official website here: www.wreaa.org

Who is the CEO of Wisconsin Real Estate Alumni Association?

Michael Zelin is the Vice-President Finance of Wisconsin Real Estate Alumni Association.


Official website here: www.wreaa.org

What is the revenue of Wisconsin Real Estate Alumni Association?

Wisconsin Real Estate Alumni Association's revenue in 2022 was $571,980.


Official website here: www.wreaa.org

Who are the executives of Wisconsin Real Estate Alumni Association and what are their salaries?

The average compensation at Wisconsin Real Estate Alumni Association during 2022 was $51,440. There are 4 employees and 19 volunteers at Wisconsin Real Estate Alumni Association.


Here are 20 key members and their salaries:


Christine Dicks (Executive Director)
  • Compensation: $139,018
  • Related: $0
  • Other: $21,730
Cody Langeness (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Roemer (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zelin (Vice-President Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Bergen (Vice-President Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bertram (Southeast Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Block (Northeast Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Bruss (Northwest Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Carroll (At-Large Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Casey (Southern California Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Christensen (Western Wisconsin Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ou Chung (At-Large Director - Recent Graduate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Fink (Illinois Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Griswold (Eastern Wisconsin Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hull (At-Large Director - Recent Graduate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Messer (Colorado/Texas Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lamar Newburn (Minnesota Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitesh Patel (Northwest Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Pfaff (Southeast Region)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Stensven (Northeast Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wreaa.org

Where can I find the form 990 for Wisconsin Real Estate Alumni Association?

Wisconsin Real Estate Alumni Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wreaa.org

Learn more at the official website: www.wreaa.org

Mission Statement of Wisconsin Real Estate Alumni Association

The Wisconsin Real Estate Alumni Association, in its mission, aims to enhance the University of Wisconsin's Real Estate and Urban Land Economics program. This nonprofit organization seeks to advance this particular field of study by making direct contributions and fostering support among its alumni. This collective effort is intended to strengthen and elevate the Real Estate and Urban Land Economics program at the University of Wisconsin - Madison. By engaging with and supporting its alumni, the Wisconsin Real Estate Alumni Association contributes to the ongoing success and growth of this academic discipline, benefiting both the university and the broader real estate community.

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Impact




July, 2024

The Wisconsin Real Estate Alumni Association has a significant impact on the advancement of the real estate and urban land economics program at the University of Wisconsin-Madison. By providing direct contributions and fostering support among alumni, the association plays a crucial role in enhancing the educational experience and opportunities available to students within the program. Through its efforts, the association contributes to the overall improvement of the community by supporting the development of future real estate professionals and leaders in the field.




This information is meant to be a general summary of Wisconsin Real Estate Alumni Association. 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
$571,980 (2022)
Expenses
$614,315 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,078
  • Program Service Revenue: $324,054
  • Gross Receipts: $571,980

Assets and Liabilities:

  • Total Assets: $1,684,826
  • Total Liabilities: $108,584
  • Net Assets: $1,576,242

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Programs

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

MEMBERSHIP DUES

Revenue

$185,630

CONFERENCE

Revenue

$97,010

REGIONAL EVENTS

Revenue

$19,665

Organization Details

Founding Year

1976

Principal Officer

Michael Zelin

Main Address

PO BOX 307, PEWAUKEE, WI, 53072

NTEE Category

Code: S47Z - Community improvement

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