Overview
What is Wisconsin Procurement Institute Education & Training Services Inc?
Wisconsin Procurement Institute Education & Training Services Inc is a nonprofit organization located at 10437 Innovation Drive, Suite 320, Wauwatosa, Wisconsin. With a team of 19 dedicated individuals, their primary mission is to educate Wisconsin businesses on the intricacies of procuring contracts from both the federal and state government of Wisconsin. Through seminars, workshops, and one-on-one assistance, this nonprofit aims to empower local businesses to successfully navigate the government procurement process. Their activities contribute to strengthening the economic landscape of the state by fostering business growth and development.
Official website here: www.wispro.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
Wisconsin Procurement Institute Education & Training Services Inc has received a 77% rating, reflecting a solid performance in accountability and finance. The charity boasts a well-structured governance model, with 92% of its board members being independent, which fosters transparency and integrity in its operations. The organization has shown no material diversion of assets and maintains comprehensive policies, although it lacks a whistleblower policy.
The organization demonstrates a commendable program expense ratio of 88.85%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. This is a positive sign for potential donors seeking to maximize the impact of their contributions. The financial stability of the organization is also evident, with a low liabilities to assets ratio of 14.10%, suggesting that it is effectively managing its resources.
While the charity has strengths in governance and financial management, the absence of a whistleblower policy is a noted limitation that could impact its overall accountability framework. Potential supporters might want to consider this aspect when deciding to engage with the organization. Overall, Wisconsin Procurement Institute Education & Training Services Inc appears to be a responsible entity with a focus on effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Procurement Institute Education & Training Services Inc legitimate?
Wisconsin Procurement Institute Education & Training Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Procurement Institute Education & Training Services 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: $161,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,238
For more financial information, click here
Official website here: www.wispro.org
What is the mission statement of Wisconsin Procurement Institute Education & Training Services Inc?
The mission of Wisconsin Procurement Institute Education & Training Services Inc, in essence, is to educate Wisconsin-based businesses regarding the intricacies of obtaining government procurement contracts at both the Federal and State levels. This is achieved through the organization's seminars, workshops, and one-on-one assistance sessions, all designed to help businesses qualify and apply for such contracts effectively.
Official website here: www.wispro.org
What is the revenue of Wisconsin Procurement Institute Education & Training Services Inc?
Wisconsin Procurement Institute Education & Training Services Inc's revenue in 2024 was $1,404,477.
Official website here: www.wispro.org
Who are the executives of Wisconsin Procurement Institute Education & Training Services Inc and what are their salaries?
The average compensation at Wisconsin Procurement Institute Education & Training Services Inc during 2024 was $54,561. There are 16 employees at Wisconsin Procurement Institute Education & Training Services Inc.
Here are 16 key members and their salaries:
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Official website here: www.wispro.org
Where can I find the form 990 for Wisconsin Procurement Institute Education & Training Services Inc?
Wisconsin Procurement Institute Education & Training Services Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wispro.org
Learn more at the official website: www.wispro.org
Mission Statement of Wisconsin Procurement Institute Education & Training Services Inc
Wisconsin Procurement Institute Education & Training Services Inc is dedicated to enlightening Wisconsin-based businesses about the intricacies of Federal and State of Wisconsin procurement procedures. Their primary mission is to equip these businesses with the necessary knowledge and skills to qualify for and effectively apply for government procurement contracts. To accomplish this, the organization offers a variety of educational resources, including seminars, workshops, and one-on-one assistance. Their goal is to empower Wisconsin businesses to participate in government procurement opportunities, thereby fostering economic growth and development within the state.
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Impact
July, 2024
Wisconsin Procurement Institute Education & Training Services Inc has made a significant impact by educating Wisconsin businesses on Federal and State of Wisconsin procurement procedures. Through seminars, workshops, and individual assistance, they have helped these businesses qualify and apply for government procurement contracts. Their mission to educate Wisconsin businesses has not only facilitated greater opportunities for companies in the state but has also contributed to economic development and growth. The impact of their services is evident in the increased participation of Wisconsin businesses in government procurement processes, leading to a more competitive and thriving business environment in the state.
This information is meant to be a general summary of Wisconsin Procurement Institute Education & Training Services 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 2024.
- Gross Receipts: $1,404,477
Assets and Liabilities:
- Total Assets: $271,168
- Total Liabilities: $39,922
- Net Assets: $231,246
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Organization Details
Founding Year
1987
Principal Officer
Aina Vilumsons
Website
www.wispro.orgNTEE Category
Code: B99 - Education
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