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Nonprofiteer
← WISCONSIN REALTORS FOUNDATION

Form 990 for tax year 2022

Filed by WISCONSIN REALTORS FOUNDATION.

Totals

Total revenue
$153,102
Total expenses
$58,836
Contributions and grants received
$136,405
Grants paid
$47,380
Program service revenue
$0
Investment income
$11,599
Other revenue
$5,098
Total assets, end of year
$932,203
Total liabilities, end of year
$24
Net assets or fund balances, end of year
$932,179
Program services expenses (Part IX)
$57,008
Management and general expenses
$1,828
Fundraising expenses
$0
Program service expenses (Part III)
$57,008

Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MICHAEL SPRANGER

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.04

  • STEVEN LANE

    VICE-CHAIRPERSON AND TREASURER

    Total calculated
    $0
    Hours/week
    0.04

  • MICHAEL THEO

    SECRETARY

    Total calculated
    $424,337
    From this org
    $0
    From related orgs
    $392,241
    Other
    $32,096
    Hours/week
    0.04 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $306,143 related
    Bonus
    $0 + $35,000 related
    Other
    $0 + $51,098 related
    Deferred
    $0 + $27,438 related
    Nontaxable benefits
    $0 + $4,658 related
    Filer's total
    $0 + $424,337 related

  • TINA BALAKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • JOHN FLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • GAIL HOWARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • JARED JAMROZY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • KC MAURER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • MATTHEW SEEGERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • CHRISTOPHER STARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • COURTNEY STEFANIAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04

  • PETER SVEUM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.04 + 0.83 related

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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
WISCONSIN REALTORS ASSOCIATION, INC., A RELATED PARTY OF WISCONSIN REALTORS FOUNDATION, INC., USES THE FOLLOWING PROCESS TO DETERMINE COMPENSATION OF THE PRESIDENT & CEO: RESULTS OF THE LOCAL AREA TRADE ASSOCIATION SALARY SURVEY ARE USED (THE SURVEY IS CONDUCTED PERIODICALLY). PERIODICALLY, ADDITIONAL SALARY INFORMATION SOURCES ARE ALSO CONSULTED SUCH AS THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), THE WISCONSIN SOCIETY OF ASSOCIATION EXECUTIVES (WSAE) AND THE NATIONAL ASSOCIATION OF REALTORS (NAR). OFFICERS REVIEW AND APPROVE ALL STAFF SALARIES (AS AN AGGREGATE AND NOT INDIVIDUALLY) AS PART OF THE BUDGET PROCESS NOT IN SEPARATE ACTION/REVIEW. THE PRESIDENT'S SALARY, PERFORMANCE AND CONTRACT ARE REVIEWED SEPARATELY BY THE OFFICERS BIANNUALLY.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
30 October 2023
IRS schema version
2022v5.0
Source object
202313059349302661

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