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Connexus Association Inc

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

EIN: 611473074 ✦ Wausau, WI ✦ Designated as a 501(c)(3)

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Overview

What is Connexus Association Inc?

Connexus Association Inc, based in Wausau, Wisconsin, is a nonprofit organization dedicated to furthering education by offering scholarships to high school seniors and supporting local schools. In addition to their scholarship program, they contribute funds to educational institutions and promote financial literacy education. Connexus Association Inc aids in achieving financial goals for borrowers and savers through their educational initiatives, and they may engage in limited charitable activities as recognized by I.R.C. 501(C)(3). During 2022, they donated over 25,000 to 9 local schools for educational purposes and partnered with Everfi to provide free digital education to schools in their community. They also support STEM and reading programs and grant funds for financial literacy education through various Junior Achievement offices.


Official website here: www.connexusassociation.org

Is Connexus Association Inc legitimate?

Connexus Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connexus Association 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: $17,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.connexusassociation.org

What is the mission statement of Connexus Association Inc?

Connexus Association Inc's primary purpose is to provide scholarships for education and assist educational institutions. Additionally, the organization offers financial literacy education to help borrowers and savers achieve their financial goals. In a limited capacity, Connexus Association may engage in charitable activities recognized under I.R.C. 501(C)(3). In 2022, the association distributed funds to various educational institutions and provided scholarships, with a focus on high school seniors and income-based scholarships. They also donated to local schools, supporting educational initiatives, and partnered with organizations to provide digital education and STEM and reading programs. Connexus Association continues to support financial literacy education, granting funds to Junior Achievement offices and other organizations.


Official website here: www.connexusassociation.org

What is the revenue of Connexus Association Inc?

Connexus Association Inc's revenue in 2023 was $587,302.


Official website here: www.connexusassociation.org

Who are the executives of Connexus Association Inc and what are their salaries?

The average compensation at Connexus Association Inc during 2023 was $17,583. There is 1 employee at Connexus Association Inc.

Here are 6 key members and their salaries:


Heather Grundemann (Executive Di)
  • Compensation: $17,583
  • Related: $0
  • Other: $0
Kathe Breitenfeldt (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Flaker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Kennedy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Salzman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Stromgren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.connexusassociation.org

Where can I find the form 990 for Connexus Association Inc?

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


Official website here: www.connexusassociation.org

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

Mission Statement of Connexus Association Inc

Connexus Association Inc, a 501(c)(3) organization, is dedicated to several key missions. Primarily, it provides scholarships for education, aiming to support high school seniors and students in technical colleges. Beyond scholarships, Connexus also assists educational institutions and contributes to financial literacy education. The association helps borrowers and savers in reaching their financial goals by offering relevant educational resources. In a limited capacity, Connexus may engage in any charitable activities recognized under I.R.C. 501(c)(3).

During 2022, Connexus Association continued its scholarship program, distributing funds to numerous high school seniors and technical colleges. In addition to scholarships, the association also donated significant amounts to local schools for educational purposes and partnered with Everfi to bring digital education to schools in the community. Furthermore, Connexus supported financial literacy education by directly funding various Junior Achievement offices and indirectly granting funds to organizations that promoted financial literacy education. The organization's commitment to education and financial literacy is evident in its various initiatives and donations.

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Impact




October, 2024

Connexus Association Inc has made a significant impact in the field of education and financial literacy. In 2022, it awarded 35 scholarships, each worth $1,000, to high school seniors, demonstrating a strong commitment to supporting students in their educational pursuits. Additionally, the association allocated $20,000 to Northcentral Technical College (NTC) for scholarship programs, income-based scholarships, and emergency grants, further enhancing access to higher education.

The organization also supported local educational institutions by donating over $25,000 to nine schools for various educational needs. Their partnership with EVERFI to provide free digital education resources underscores their dedication to enhancing educational opportunities in the community.

Moreover, Connexus has prioritized financial literacy education, contributing $22,500 to various Junior Achievement offices and providing additional funding to promote financial education initiatives. This multifaceted approach not only assists students in achieving their academic goals but also equips them with essential financial skills, helping them to navigate their financial futures more successfully. Overall, Connexus Association Inc plays a crucial role in fostering educational advancement and financial literacy within the community, positively impacting the lives of many individuals.




This information is meant to be a general summary of Connexus Association 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
$587,302 (2023)
Expenses
$376,859 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $29,638
  • Gross Receipts: $587,302

Assets and Liabilities:

  • Total Assets: $958,532
  • Total Liabilities: $62,673
  • Net Assets: $895,859

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Organization Details

Founding Year

2005

Principal Officer

Ryan Kennedy

NTEE Category

Code: B82 - Education

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