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Wausau 525 Group Inc

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

EIN: 861117206 ✦ Wausau, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wausau 525 Group Inc?

Wausau 525 Group Inc, based in Wausau, Wisconsin, is a nonprofit organization that raises funds for the Flip Fund. They accomplish this by organizing various events, such as the August-Oh Fest Motor Cycle Race and Tractor Pull in August 2021, and the Wausau 525 snowmobile championship in January 2018. The revenues generated from these events are then allocated to other charitable organizations. The group's primary mission is centered around fundraising efforts for worthy causes, demonstrating their commitment to community support.


Official website here: www.wausau525.com

Is Wausau 525 Group Inc legitimate?

Wausau 525 Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wausau 525 Group Inc submitted a form 990EZ, 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.


Official website here: www.wausau525.com

What is the mission statement of Wausau 525 Group Inc?

The Wausau 525 Group Inc primarily focuses on fundraising efforts. Their primary goal is to contribute funds to the Flip Fund through various events. One of their significant events is the August-Oh Fest Motor Cycle Race and Tractor Pull, which generated funds for other charitable organizations in August 2021. Previously, they held the Wausau 525 snowmobile championship event in January 2018, also donating the net proceeds to various charitable organizations. The group's activities are centered around organizing events to raise funds for charitable causes.


Official website here: www.wausau525.com

Who is the CEO of Wausau 525 Group Inc?

Brian Thoit is the Vice President of Wausau 525 Group Inc.


Official website here: www.wausau525.com

What is the revenue of Wausau 525 Group Inc?

Wausau 525 Group Inc's revenue in 2022 was $131,436.


Official website here: www.wausau525.com

Who are the executives of Wausau 525 Group Inc and what are their salaries?


Here are 8 key members and their salaries:


Ralph Merwin (Presidenttreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Toldness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Bickley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Wimmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Nagel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Sillars (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lepak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Thoit (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wausau525.com

Where can I find the form 990EZ for Wausau 525 Group Inc?

Wausau 525 Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.wausau525.com

Learn more at the official website: www.wausau525.com

Mission Statement of Wausau 525 Group Inc

Wausau 525 Group Inc, a nonprofit organization, is primarily focused on fundraising for the Flip Fund. They achieve this goal by organizing various events. One such event was the August-Oh Fest Motor Cycle Race and Tractor Pull held in August 2021. The proceeds from this event, or will be, will be distributed to other charitable organizations. Another significant event held by Wausau 525 Group Inc was the Wausau 525 snowmobile championship in January 2018. Once again, the net funds raised from this event were donated to other charitable organizations. By organizing these events, Wausau 525 Group Inc plays a crucial role in supporting other nonprofits and contributing to various causes.

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Impact




October, 2024

Wausau 525 Group Inc significantly contributes to the community through its fundraising activities aimed at supporting various charitable organizations. By organizing events such as the August-Oh Fest Motorcycle Race and Tractor Pull and the Wausau 525 Snowmobile Championship, the group raises substantial funds for the Flip Fund, which are then distributed to support other charitable initiatives.

The impact of these events goes beyond financial contributions; they foster community engagement and provide entertainment, drawing participants and spectators together. This not only helps to raise awareness about local needs and charities but also enhances community spirit and collaboration. Events like these create opportunities for individuals and families to come together, celebrate, and contribute to a greater cause, which strengthens the social fabric of Wausau, WI. Overall, Wausau 525 Group Inc plays a vital role in empowering local charities and contributing to the well-being of the community through its dedicated fundraising efforts.




This information is meant to be a general summary of Wausau 525 Group 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
$131,436 (2022)
Expenses
$147,451 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $131,435
  • Gross Receipts: $131,436

Assets and Liabilities:

  • Total Assets: $4,873
  • Total Liabilities: $107,945
  • Net Assets: -$103,072

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Organization Details

Principal Officer

Brian Thoit

Main Address

149040 MOCKINGBIRD LANE, WAUSAU, WI, 54401

NTEE Category

Code: B11 - Education

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