← GREATER WISCONSIN OPPORTUNITIES FUND INC

Form 990 for tax year 2024

Filed by GREATER WISCONSIN OPPORTUNITIES FUND INC.

Totals

Total revenue: $325,318
Total expenses: $159,054
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $325,318
Investment income: $0
Other revenue: $0
Total assets, end of year: $4,663,010
Total liabilities, end of year: $149,697
Net assets or fund balances, end of year: $4,513,313
Program services expenses (Part IX): $159,054
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): $159,054

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

2a · Program service revenue: MANAGEMENT FEE INCOME

total $269,484 · related or exempt $269,484
2b · Program service revenue: AUDIT AND TAX REIMBURS

total $47,004 · related or exempt $47,004
2c · Program service revenue: PROFESSIONAL FEE REIMB

total $8,736 · related or exempt $8,736
2d · Program service revenue: INVESTMENT IN CDE

total $94 · related or exempt $94

Functional expenses

Part IX, the statement of functional expenses.

11b · Fees: legal

total $251 · program services $251
11g · Fees: other

total $123,390 · program services $123,390
22 · Depreciation, depletion and amortization

total $81 · program services $81
24a · Other expenses: BAD DEBT EXPENSE-CDE FE

total $31,583 · program services $31,583
24b · Other expenses: LOSS ON UNWIND TRANSACT

total $3,699 · program services $3,699
24e · All other expenses

total $50 · program services $50

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $4,672,422 · end of year $4,652,989
14 · Intangible assets

beginning of year $209 · end of year $128
15 · Other assets

beginning of year $105,725 · end of year $9,893
17 · Accounts payable and accrued expenses

beginning of year $431,307 · end of year $149,697
27 · Net assets without donor restrictions

beginning of year $4,347,049 · end of year $4,513,313

Mission and programs · 2024

Mission

THE PURPOSE OF THE CORPORATION SHALL BE TO ENGAGE IN ALL LAWFUL ACTIVITIES UNDER THE WISCONSIN NONSTOCK CORPORATION LAW, SO LONG AS SUCH ACTIVITIES SUPPORT THE CORPORATION'S MISSION OF PRINCIPALLY LOW-INCOME PERSONS (AS DEFINED IN 66 FR 65807), INCLUDING WITHOUT LIMITATION: (A) TO MAKE QUALIFIED LOW INCOME COMMUNITY INVESTMENTS THROUGHOUT THE STATE OF WISCONSIN (THE "SERVICE AREA"), OR OTHER ACTIVITIES WHICH QUALIFY FOR THE NEW MARKETS TAX CREDIT ("NEW MARKETS TAX CREDIT") UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "INTERNAL REVENUE CODE"); AND (B) TO ENGAGE IN ALL ACTIVITIES NECESSARY, CUSTOMARY, CONVENIENT OR INCIDENT TO ANY OF THE FOREGOING, INCLUDING BUT NOT LIMITED TO: (I) FORMING SUBSIDIARY LIMITED LIABILITY COMPANIES IN WHICH IT SERVES AS MANAGING MEMBER OR SUBSIDIARY LIMITED PARTNERSHIPS IN WHICH IT SERVES AS GENERAL PARTNER, (II) APPLYING ON BEHALF OF SUCH SUBSIDIARIES FOR THEIR CERTIFICATION AS QUALIFIED COMMUNITY DEVELOPMENT ENTITIES, AS DEFINED

Activities or mission (Part I)

SERVICING LOW-INCOME COMMUNITIES (AS DEFINED IN 26 U.S.C. SECTION 45D) OR LOW-INCOME PERSONS (AS DEFINED IN 66 FR 65807).

NEW MARKETS TAX CREDIT

Expenses $159,054 · Revenue $325,318

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Brett GerberBRETT GERBER

VICE-PRESIDENT

Total calculated

$0

Hours/week

1
Willie SmithWILLIE SMITH

DIRECTOR

Total calculated

$0

Hours/week

1
Terese M CaroTERESE M CARO

DIRECTOR

Total calculated

$0

Hours/week

1
Nicole HarrisonNICOLE HARRISON

DIRECTOR

Total calculated

$0

Hours/week

1
Ryan ZerwerRYAN ZERWER

TREASURER AND SECRETARY

Total calculated

$0

Hours/week

1
Stacey WagnerSTACEY WAGNER

ASSISTANT TREASURER/SECRET

Total calculated

$0

Hours/week

1
Tom PatzmanTOM PATZMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Wendy K BaumannWENDY K BAUMANN

DIRECTOR

Total calculated

$0

Hours/week

1
Elmer Moore JrELMER MOORE JR

PRESIDENT

Total calculated

$0

Hours/week

1
Gary MejcharGARY MEJCHAR

DIRECTOR

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

WHEDA FOUNDATION INC

501(C)(3) · FINANCING · WI
WISCONSIN HOUS AND ECONOMIC DEVELOP AUTH

115 · FINANCING · WI

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

GWOF 3

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 1 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 2 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 10 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 11 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 12 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 14 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 15 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 16 LLC

RELATED · LENDING · WI · 0.01% owned · share of income $2 · general or managing partner
GWOF SUB CDE 17 LLC

RELATED · LENDING · WI · 0.01% owned · share of income $17 · general or managing partner
GWOF SUB CDE 18 LLC

RELATED · LENDING · WI · 0.01% owned · share of income $2 · general or managing partner
GWOF SUB CDE 19 LLC

RELATED · LENDING · WI · 0.01% owned · share of income $1 · general or managing partner
GWOF SUB CDE 25 LLC

RELATED · LENDING · WI · 0.01% owned · share of income $3 · share of assets $893 · general or managing partner
GWOF SUB CDE 3 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 4 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 6 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 7 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 8 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner
GWOF SUB CDE 9 LLC

RELATED · LENDING · WI · 0.01% owned · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

GWOF SUB CDE 20 LLC

C · LENDING · WI
GWOF SUB CDE 21 LLC

C · LENDING · WI
GWOF SUB CDE 22 LLC

C · LENDING · WI
GWOF SUB CDE 23 LLC

C · LENDING · WI
GWOF SUB CDE 24 LLC

C · LENDING · WI

Provenance

Return type: form_990
Tax year: 2024
Filed: 13 November 2025
IRS schema version: 2024v5.2
Source object: 202503189349312640

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