Form 990 for tax year 2024

Filed by KENOSHA AREA BUSINESS ALLIANCE.

Totals

Total revenue: $3,799,845
Total expenses: $2,504,218
Contributions and grants received: $192,842
Grants paid: $0
Program service revenue: $1,959,220
Investment income: $623,783
Other revenue: $1,024,000
Total assets, end of year: $48,444,545
Total liabilities, end of year: $10,684,393
Net assets or fund balances, end of year: $37,760,152
Program services expenses (Part IX): $2,012,440
Management and general expenses: $307,123
Fundraising expenses: $184,655
Program service expenses (Part III): $2,012,440

Program services were 80.4% 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.

1e · Government grants (contributions)

$175,000
1f · All other contributions, gifts and grants

$17,842
2a · Program service revenue: RENTAL INCOME

total $1,080,904 · related or exempt $1,080,904
2b · Program service revenue: LOAN FUND INTEREST INC

total $371,035 · related or exempt $371,035
2c · Program service revenue: MEMBERSHIP DUES

total $302,368 · related or exempt $302,368
2d · Program service revenue: TRAINING AND EVENT INC

total $148,783 · related or exempt $148,783
2e · Program service revenue: MISCELLANEOUS INCOME

total $71,380 · related or exempt $71,380
2f · All other program service revenue

total -$15,250 · related or exempt -$15,250
3 · Investment income

total $623,783 · excluded $623,783
11a · Other revenue: PROV FOR CREDIT LOSSES

total $1,024,000 · related or exempt $1,024,000
11e · Other revenue, total

$1,024,000

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $864,685 · program services $625,504 · management and general $139,991 · fundraising $99,190
8 · Pension plan contributions

total $65,472 · program services $46,808 · management and general $11,154 · fundraising $7,510
9 · Other employee benefits

total $79,520 · program services $57,576 · management and general $12,822 · fundraising $9,122
10 · Payroll taxes

total $54,392 · program services $39,328 · management and general $8,825 · fundraising $6,239
11b · Fees: legal

total $12,528 · program services $9,788 · management and general $2,740
11c · Fees: accounting

total $43,075 · management and general $43,075
12 · Advertising and promotion

total $53,297 · program services $44,266 · management and general $1,602 · fundraising $7,429
13 · Office expenses

total $31,283 · program services $21,754 · management and general $5,816 · fundraising $3,713
16 · Occupancy

total $72,670 · program services $55,619 · management and general $8,715 · fundraising $8,336
17 · Travel

total $5,872 · program services $4,067 · management and general $1,131 · fundraising $674
19 · Conferences, conventions and meetings

total $30,979 · program services $24,510 · management and general $4,141 · fundraising $2,328
20 · Interest

total $537,560 · program services $531,162 · management and general $2,186 · fundraising $4,212
22 · Depreciation, depletion and amortization

total $486,930 · program services $460,003 · management and general $21,399 · fundraising $5,528
23 · Insurance

total $22,532 · program services $15,608 · management and general $4,339 · fundraising $2,585
24a · Other expenses: MEMBERSHIP SEERVICES AN

total $77,801 · program services $55,889 · fundraising $21,912
24b · Other expenses: GENERAL AND ADMINISTRAT

total $30,175 · program services $19,024 · management and general $7,401 · fundraising $3,750
24c · Other expenses: DUES AND SUBSCRIPTIONS

total $28,403 · program services $1,341 · management and general $26,840 · fundraising $222
24d · Other expenses: MISCELLANEOUS

total $4,164 · program services -$1,247 · management and general $4,946 · fundraising $465
24e · All other expenses

total $2,880 · program services $1,440 · fundraising $1,440

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $2,316,508 · end of year $3,233,840
2 · Savings and temporary cash investments

beginning of year $14,976,645 · end of year $16,863,227
4 · Accounts receivable

beginning of year $81,271 · end of year $1,068
9 · Prepaid expenses and deferred charges

beginning of year $7,595 · end of year $7,595
10a · Land, buildings and equipment: cost or other basis

$21,154,221
10b · Land, buildings and equipment: accumulated depreciation

$2,897,208
10c · Land, buildings and equipment, net

beginning of year $18,719,003 · end of year $18,257,013
11 · Investments: publicly traded securities

beginning of year $361,939 · end of year $280,946
13 · Investments: program-related

beginning of year $13,889,651 · end of year $9,800,856
17 · Accounts payable and accrued expenses

beginning of year $374,728 · end of year $381,808
19 · Deferred revenue

beginning of year $64,705 · end of year $64,705
23 · Secured mortgages and notes payable

beginning of year $13,086,715 · end of year $9,956,934
25 · Other liabilities

beginning of year $361,939 · end of year $280,946
27 · Net assets without donor restrictions

beginning of year $17,375,365 · end of year $17,516,654
28 · Net assets with donor restrictions

beginning of year $19,089,160 · end of year $20,243,498

Mission and programs · 2024

Mission

KENOSHA AREA BUSINESS ALLIANCE IS THE LEAD BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA COUNTY AND SUPPORTS AND PROVIDES SERVICES TO ITS MEMBERS AND THE COMMUNITY, HELPING TO ENSURE GROWTH, A ROBUST ECONOMY, AND A POSITIVE BUSINESS CLIMATE FOR THE KENOSHA AREA.

KENOSHA AREA BUSINESS ALLIANCE MANAGES SEVERAL REVOLVING LOAN FUNDS AIMED AT ATTRACTING NEW BUSINESSES TO AND RETAINING BUSINESSES IN KENOSHA COUNTY, CREATING AND RETAINING JOBS, AND OTHER ECONOMIC DEVELOPMENT ACTIVITIES.WISCONSIN ECONOMIC DEVELOPMENT CORPORATION DISASTER RECOVERY MICROLOAN FUND IS TO PROVIDE LOANS TO BUSINESSES AFFECTED BY DISASTERS, EITHER NATURAL OR MAN-MADE AND ASSIST WITH NECESSARY RESTORATION AND OPERATING EXPENSES.

Expenses $8,439 · Revenue $371,035
KENOSHA AREA BUSINESS ALLIANCE (KABA) PROVIDES TRAINING OPPORTUNITIES THROUGH AN EXTENSIVE CATALOG OF CLASSES AND HOSTS A NUMBER OF WORKSHOPS ON TIMELY TOPICS AND IS ABLE TO PROVIDE CUSTOMIZED, ONSITE TRAINING AND TEAMBUILDING. KABA ALSO HOSTS NOTEWORTHY MEMBER EVENTS ANNUALLY ON BEHALF OF THE BUSINESS COMMUNITY, INCLUDING KEY ISSUES BREAKFASTS ON CURRENT TOPICS SUCH AS HEALTH CARE AND EDUCATION, NEW MEMBER ORIENTATIONS, AN ECONOMIC FORECAST BREAKFAST, A BUSINESS AWARDS DINNER, AN ANNUAL MEETING, A HOLIDAY SOCIAL, AND MORE. THESE PROGRAMS ARE INFORMATIVE AND RELEVANT AND PROVIDE GREAT NETWORKING OPPORTUNITIES WITH OTHER KENOSHA AREA ORGANIZATIONS.

Expenses $405,100 · Revenue $148,783
TO FURTHER ECONOMIC DEVELOPMENT IN A LESS POPULATED AREA AND TO FOSTER GROWTH, KABA PURCHASED A 82 ACRE PARCEL OF LAND IN THE TOWN OF SALEM, KENOSHA COUNTY. KABA AND THE TOWN OF SALEM ARE PARTNERING ON THE DEVELOPMENT OF A BUSINESS PARK. THE BUSINESS PARK DEVELOPMENT WILL PROVIDE BUSINESSES INCENTIVES FOR HIGH IMPACT DEVELOPMENTS FOR JOB CREATION AND ECONOMIC GROWTH. DURING 2017, KABA CONTRUCTED A MANUFACTURING BUILDING AND HAS ENTERED INTO AN INCENTIVIZED 10 YEAR LEASE WITH A COMPANY.

Expenses $1,598,901 · Revenue $1,137,034
OTHER PROGRAM REVENUE

Revenue $1,326,368

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

Listed in Part VII

Jens EmersonJENS EMERSON

IMMEDIATE PAST CHAIR

Total calculated

$0

Hours/week

1 + 0.5 related
Wes SaberWES SABER

CHAIR

Total calculated

$0

Hours/week

1 + 0.5 related
Anne ArbasANNE ARBAS

INTERIM SECRETARY

Total calculated

$0

Hours/week

1 + 0.5 related
Jamie HoganJAMIE HOGAN

TREASURER

Total calculated

$0

Hours/week

1 + 0.5 related
Chris WeykerCHRIS WEYKER

INTERIM VICE CHAIR

Total calculated

$0

Hours/week

1 + 0.5 related
Aj KeggAJ KEGG

DIRECTOR

Total calculated

$0

Hours/week

1
Aldo PagliariALDO PAGLIARI

DIRECTOR

Total calculated

$0

Hours/week

1
Aman AhmedAMAN AHMED

DIRECTOR ENDED 5/24

Total calculated

$0

Hours/week

1
Anthony Jefferson SrANTHONY JEFFERSON SR

DIRECTOR ENDED 12/24

Total calculated

$0

Hours/week

1
Chad NavisCHAD NAVIS

DIRECTOR

Total calculated

$0

Hours/week

1
Charles SkendzielCHARLES SKENDZIEL

DIRECTOR

Total calculated

$0

Hours/week

1
Corey SchultzCOREY SCHULTZ

DIRECTOR

Total calculated

$0

Hours/week

1
Donna JamiesonDONNA JAMIESON

DIRECTOR ENDED 11/24

Total calculated

$0

Hours/week

1
Erin AndersonERIN ANDERSON

DIRECTOR

Total calculated

$0

Hours/week

1
Jeff WeissJEFF WEISS

DIRECTOR

Total calculated

$0

Hours/week

1
Joel BurowJOEL BUROW

DIRECTOR

Total calculated

$0

Hours/week

1
John HotvedtJOHN HOTVEDT

DIRECTOR

Total calculated

$0

Hours/week

1
Kevin DeatonKEVIN DEATON

DIRECTOR

Total calculated

$0

Hours/week

1
Lynn AkeyLYNN AKEY

DIRECTOR

Total calculated

$0

Hours/week

1
Mark Molinaro JrMARK MOLINARO JR

DIRECTOR

Total calculated

$0

Hours/week

1
Matt PrinceMATT PRINCE

DIRECTOR ENDED 4/24

Total calculated

$0

Hours/week

1
Maureen SorensenMAUREEN SORENSEN

DIRECTOR

Total calculated

$0

Hours/week

1
Melissa ThompsonMELISSA THOMPSON

DIRECTOR

Total calculated

$0

Hours/week

1
Michael ThompsonMICHAEL THOMPSON

DIRECTOR

Total calculated

$0

Hours/week

1
Michael Thompson SrMICHAEL THOMPSON SR

DIRECTOR ENDED 4/24

Total calculated

$0

Hours/week

1
Mike PittsMIKE PITTS

DIRECTOR

Total calculated

$0

Hours/week

1
Mike DeneyMIKE DENEY

DIRECTOR

Total calculated

$0

Hours/week

1
Ritu RajuRITU RAJU

DIRECTOR

Total calculated

$0

Hours/week

1
Sue BlockSUE BLOCK

DIRECTOR ENDED 4/24

Total calculated

$0

Hours/week

1
Tamarra ColemanTAMARRA COLEMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Thomas MooreTHOMAS MOORE

DIRECTOR

Total calculated

$0

Hours/week

1
Wayne WehkingWAYNE WEHKING

DIRECTOR

Total calculated

$0

Hours/week

1
Brock PortiliaBROCK PORTILIA

CHIEF FINANCIAL OFFICER

Total calculated

$180,937

From this org

$154,500

From related orgs

$0

Other

$26,437

Hours/week

40 + 1 related

Schedule J breakdown matched by us

Base

$128,750

Bonus

$25,750

Other

$0

Deferred

$9,270

Nontaxable benefits

$17,167

Filer's total

$180,937
Nicole RyfNICOLE RYF

PRESIDENT

Total calculated

$325,418

From this org

$296,888

From related orgs

$0

Other

$28,530

Hours/week

40 + 1 related

Schedule J breakdown matched by us

Base

$231,750

Bonus

$57,938

Other

$7,200

Deferred

$17,381

Nontaxable benefits

$11,149

Filer's total

$325,418

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION INC

501(C)(3) · EDUCATION FOUNDATION · WI · controlled entity

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

KABA BUILDING LLC

BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA CO · WI · income $164,975 · assets $1,405,431

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC
KABA DEVELOPMENT LLC

BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA CO · WI · income $0 · assets $0

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC
SALEM BUSINESS PARK LLC

BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA CO · WI · income $0 · assets $3,199,133

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC
SALEM BUILDING #1 LLC

BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA CO · WI · income $703,730 · assets $9,935,419

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC
SALEM BUILDING #2 LLC

BUSINESS ORGANIZATION THAT DRIVES ECONOMIC DEVELOPMENT THROUGHOUT KENOSHA CO · WI · income $302,199 · assets $5,834,515

Directly controlled by KENOSHA AREA BUSINESS ALLIANCE INC

Provenance

Return type: form_990
Tax year: 2024
Filed: 10 November 2025
IRS schema version: 2024v5.2
Source object: 202533159349306018

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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