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Potosi Foundation Inc

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

EIN: 392000608 ✦ Potosi, WI ✦ Designated as a 501(c)(3)

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Overview

What is Potosi Foundation Inc?

Potosi Foundation Inc, based in Potosi, Wisconsin, is a nonprofit organization with a mission to promote awareness of the community's heritage. They achieve this by restoring a historic landmark, the Potosi Brewery site, which includes a National Brewery Museum and Library, Potosi Brewery Company Transportation Museum, and an Interpretive Center for the Great River Road. The foundation aims to reconnect the community with its past and develop a destination of historical and educational interest. By channeling funds into its served markets, Potosi Foundation supports historic and education-based initiatives and charitable causes, positioning itself as a socially responsible corporate citizen. With a team of 10 dedicated individuals, the foundation contributes to preserving and celebrating the community's rich history.


Official website here: www.potosibrewery.com

Is Potosi Foundation Inc legitimate?

Potosi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potosi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,768

For more financial information, click here


Official website here: www.potosibrewery.com

What is the mission statement of Potosi Foundation Inc?

The Potosi Foundation Inc's mission is centered around restoring a historic landmark and reconnecting the community with a significant part of its heritage. By doing so, they aim to establish a destination of historical and educational interest. The foundation also channels funds into the communities it serves, supporting initiatives related to history and education, as well as charitable causes. This commitment to community and historical preservation makes Potosi Foundation Inc a socially responsible corporate entity. The foundation promotes awareness of the community's heritage through the restoration of the Potosi Brewery site, which houses the National Brewery Museum and Library, the Potosi Brewery Company Transportation Museum, and an interpretive center for the Great River Road.


Official website here: www.potosibrewery.com

What is the revenue of Potosi Foundation Inc?

Potosi Foundation Inc's revenue in 2023 was $396,469.


Official website here: www.potosibrewery.com

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

The average compensation at Potosi Foundation Inc during 2023 was $13,961. There are 6 employees and 130 volunteers at Potosi Foundation Inc.

Here are 17 key members and their salaries:


Casey Trudgeon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Brey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Kalina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bowden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Merle Vastine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les Mack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Fiorenza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gotzinger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angele Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herb Page (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Fritz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary David (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mic Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Alice Schmitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Amacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.potosibrewery.com

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

Potosi Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.potosibrewery.com

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

Mission Statement of Potosi Foundation Inc

Potosi Foundation Inc is committed to restoring a historic landmark and reconnecting the community with a significant part of its heritage. Their mission is twofold: firstly, they aim to develop a destination of historic and educational interest. This involves revitalizing the Potosi Brewery site, which encompasses the National Brewery Museum and Library, the Potosi Brewery Company Transportation Museum, and an interpretive center for the Great River Road. Secondly, Potosi Foundation Inc channels funds into the communities it serves to support historical and education-based initiatives as well as charitable causes. By doing so, they uphold their responsibility as a socially responsible corporate citizen.

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Impact




October, 2024

Potosi Foundation Inc significantly impacts the community by restoring the historic Potosi Brewery site, serving as a vital link to the area’s cultural heritage. The foundation not only revitalizes a landmark but also promotes public awareness of the region’s history through initiatives like the National Brewery Museum and Library, and the Potosi Brewery Company Transportation Museum. By transforming the site into a destination for historic and educational interest, it fosters community pride and engagement.

In addition to cultural preservation, the Potosi Foundation channels resources into local initiatives, supporting educational programs and charitable causes that enhance the community's social responsibility. This comprehensive approach not only enriches Potosi’s local history but also strengthens the social fabric by encouraging collaboration and investment in the region’s future. Through these efforts, the foundation cultivates a deeper connection between residents and their heritage while providing opportunities for learning and community involvement.




This information is meant to be a general summary of Potosi 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
$396,469 (2023)
Expenses
$496,406 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $200
  • Program Service Revenue: $19,926
  • Gross Receipts: $585,637

Assets and Liabilities:

  • Total Assets: $3,887,772
  • Total Liabilities: $3,828,805
  • Net Assets: $58,967

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Programs

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

ADMISSIONS

Revenue

$19,926

Organization Details

Founding Year

2000

Principal Officer

Dave Fritz

NTEE Category

Code: A50 - Arts

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