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Nonprofiteer
← WISCONSIN WOMENS BUSINESS INITIATIVE CORPORATION

Form 990 for tax year 2024

Filed by WISCONSIN WOMENS BUSINESS INITIATIVE CORPORATION.

Totals

Total revenue
$8,906,648
Total expenses
$13,984,745
Contributions and grants received
$4,390,865
Grants paid
$269,497
Program service revenue
$2,214,445
Investment income
$2,007,519
Other revenue
$293,819
Total assets, end of year
$40,524,297
Total liabilities, end of year
$32,044,345
Net assets or fund balances, end of year
$8,479,952
Program services expenses (Part IX)
$10,042,056
Management and general expenses
$3,872,258
Fundraising expenses
$70,431
Program service expenses (Part III)
$10,042,056

Program services were 71.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • WENDY K BAUMANN

    PRESIDENT

    Total calculated
    $211,554
    From this org
    $188,770
    From related orgs
    $0
    Other
    $22,784
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,770
    Bonus
    $0
    Other
    $0
    Deferred
    $5,888
    Nontaxable benefits
    $16,896
    Filer's total
    $211,554

  • STEVE SALOUTOS

    PAST CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • JOHNY L MOUTRY JR

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • KATE HILL

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • KATHRYN ANDREA

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JOHN M STEWART

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • LORISSA R BANUELOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM COLEMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KARIN GALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LISA JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL MCDONAGH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KIP RITCHIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JON GAINES

    VP BUSINESS AND FINANCE

    Total calculated
    $182,279
    From this org
    $163,740
    From related orgs
    $0
    Other
    $18,539
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,740
    Bonus
    $0
    Other
    $0
    Deferred
    $4,907
    Nontaxable benefits
    $13,632
    Filer's total
    $182,279

  • MICHAEL HETZEL

    DIRECTOR OF LENDING

    Total calculated
    $147,841
    From this org
    $109,516
    From related orgs
    $0
    Other
    $38,325
    Hours/week
    40

  • CHRISTINA KNUDSEN

    VP DEVELOPMENT AND COMMUNITY

    Total calculated
    $151,620
    From this org
    $137,662
    From related orgs
    $0
    Other
    $13,958
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,662
    Bonus
    $0
    Other
    $0
    Deferred
    $2,870
    Nontaxable benefits
    $11,088
    Filer's total
    $151,620

  • HEATHER LUX

    REGIONAL DIRECTOR- SE

    Total calculated
    $131,832
    From this org
    $112,714
    From related orgs
    $0
    Other
    $19,118
    Hours/week
    40

  • KIMBERLY ZEULI

    SMALL BUS. FINANCE FWRD PROJ.

    Total calculated
    $258,429
    From this org
    $250,115
    From related orgs
    $0
    Other
    $8,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,115
    Bonus
    $0
    Other
    $0
    Deferred
    $7,234
    Nontaxable benefits
    $1,080
    Filer's total
    $258,429

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

  • 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

The filer's explanations (Part III)

PART I, LINE 3
SALARY SURVEYS ARE REVIEWED (MRA-THE MANAGEMENT ASSOCIATION, AEG, ETC.) AND OTHER SURVEYS TO DETERMINE SALARY TRENDS FOR THE PRESIDENT AND OTHER KEY POSITIONS OF THE ORGANIZATION. SALARY PAY BANDS HAVE BEEN DETERMINED FOR EACH POSITION AND ARE USED.

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

Provenance

Return type
form_990
Tax year
2024
Filed
16 November 2025
IRS schema version
2024v5.2
Source object
202513219349317156

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