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Nonprofiteer
← TRAVAUX INC

Form 990 for tax year 2022

Filed by TRAVAUX INC.

Totals

Total revenue
$30,825,269
Total expenses
$32,029,857
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$30,823,498
Investment income
$258
Other revenue
$1,513
Total assets, end of year
$27,110,926
Total liabilities, end of year
$22,483,750
Net assets or fund balances, end of year
$4,627,176
Program services expenses (Part IX)
$30,066,183
Management and general expenses
$1,963,674
Fundraising expenses
$0
Program service expenses (Part III)
$30,066,183

Program services were 93.9% 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: CONSTRUCTION CONTRACT REVENUE

    total $27,609,938 · related or exempt $27,609,938

  • 2b · Program service revenue: PROPERTY MGMT SERVICES

    total $3,163,998 · related or exempt $3,163,998

  • 2c · Program service revenue: CONSULTING REVENUE

    total $49,562 · related or exempt $49,562

  • 3 · Investment income

    total $258 · excluded $258

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $1,513 · related or exempt $1,513

  • 11e · Other revenue, total

    $1,513

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $320,187 · program services $263,631 · management and general $56,556

  • 7 · Other salaries and wages

    total $5,120,269 · program services $4,364,859 · management and general $755,410

  • 8 · Pension plan contributions

    total $126,004 · management and general $126,004

  • 9 · Other employee benefits

    total $1,447,142 · program services $917,225 · management and general $529,917

  • 10 · Payroll taxes

    total $378,965 · program services $308,364 · management and general $70,601

  • 11b · Fees: legal

    total $18,375 · management and general $18,375

  • 11c · Fees: accounting

    total $2,750 · management and general $2,750

  • 11g · Fees: other

    total $24,275,940 · program services $23,985,785 · management and general $290,155

  • 13 · Office expenses

    total $82,586 · program services $32,319 · management and general $50,267

  • 16 · Occupancy

    total $1,275 · management and general $1,275

  • 17 · Travel

    total $10,839 · management and general $10,839

  • 23 · Insurance

    total $51,426 · management and general $51,426

  • 24a · Other expenses: MATERIAL AND EQUIPMENT

    total $194,000 · program services $194,000

  • 24b · Other expenses: MISCELLANEOUS EXPENSES

    total $99 · management and general $99

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $6,488,191 · end of year $10,284,199

  • 4 · Accounts receivable

    beginning of year $13,845,962 · end of year $16,157,249

  • 7 · Other notes and loans receivable

    beginning of year $300,000 · end of year $300,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $215,800 · end of year $319,321

  • 10a · Land, buildings and equipment: cost or other basis

    $53,794

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,157

  • 10c · Land, buildings and equipment, net

    beginning of year $21,102 · end of year $49,637

  • 15 · Other assets

    beginning of year $520 · end of year $520

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,039,811 · end of year $19,483,750

  • 23 · Secured mortgages and notes payable

    beginning of year $3,000,000 · end of year $3,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $5,831,764 · end of year $4,627,176

Mission and programs · 2022

Mission

TO ASSIST THE HOUSING AUTHORITY OF THE CITY OF MILWAUKEE, THE SOLE CORPORATE MEMBER, AND THE REDEVELOPMENT AUTHORITY OF THE CITY OF MILWAUKEE IN FULFILLMENT OF EACH OF THEIR STATUTORY MISSIONS BY PROVIDING CONSTRUCTION MANAGEMENT SERVICES AND BY MANAGING HOUSING OPTIONS AND CERTAIN COMMERCIAL PROPERTIES IN AN EFFORT TO IMPROVE URBAN NEIGHBORHOODS AND THE LIVES OF THOSE WHO LIVE IN THEM. ADDITIONALLY, THE ORGANIZATION WILL PROVIDE DEVELOPMENT, CONSTRUCTION, REHABILITATION, AND CONSTRUCTION MANAGEMENT SERVICES FOR OTHER PUBLIC HOUSING AUTHORITIES AND OTHER ORGANIZATIONS DESCRIBED IN 501(C)(3).

  • TO ACQUIRE, DEVELOP, CONSTRUCT, REHABILITATE, PROVIDE CONSTRUCTION MANAGEMENT SERVICES AND MANAGE A CONTINUUM OF HOUSING OPTIONS: TRAVAUX IS CURRENTLY PROVIDING EMPLOYEES TO THE HOUSING AUTHORITY OF THE CITY OF MILWAUKEE (HACM) TO MANAGE LOW INCOME PUBLIC HOUSING DEVELOPMENTS. COSTS ARE REIMBURSED ON ACTUAL EXPENDITURE BASIS. A SENIOR EXECUTIVE AND 31 MAINTENANCE/ADMINISTRATIVE PERSONNEL ARE CURRENTLY ASSIGNED TO HACM.

    Expenses $5,802,038 · Revenue $3,163,998

  • TO PROVIDE DEVELOPMENT, CONSTRUCTION, REHABILITATION AND CONSTRUCTION MANAGEMENT SERVICES FOR PUBLIC HOUSING AUTHORITIES, PRIVATE DEVELOPMENT PROJECTS AND OTHER 501 (C)(3) CERTIFIED ENTITIES: TRAVAUX IS CURRENTLY PROVIDING CONSULTING SERVICES TO A CHARTERED PUBLIC SCHOOL IN MILWAUKEE. CONSULTING SERVICES STARTED IN 2017. THE SERVICES INCLUDE ASSISTING THE ORGANIZATION WITH MASTER PLANNING OF THE SCHOOL CAMPUS. TRAVAUX ASSISTED THE ENTITY IN CHOOSING AND SELECTING REFUTABLE FIRMS NECESSARY TO DO THE MASTER PLANNING. THIS WAS COMPLETED IN 2021 AND THEN WILL PROCEED IN ACTUAL DEVELOPMENT AS DETERMINED FEASIBLE.

  • TO ACQUIRE, DEVELOP, CONSTRUCT, REHABILITATE, PROVIDE CONSTRUCTION MANAGEMENT SERVICES AND MANAGE COMMERCIAL PROPERTIES IN AN EFFORT TO IMPROVE URBAN NEIGHBORHOODS AND THE LIVES OF THOSE WHO LIVE IN THEM: TRAVAUX IS CURRENTLY THE CONSTRUCTION MANAGER AS CONSTRUCTOR FOR 7 HACM PROJECTS WITH A TOTAL CONSTRUCTION COST OF $113,890,720 UNDER A GUARANTEED MAXIMUM PRICE CONTRACT. THIS WAS DONE TO HELP HACM COMPLETE THESE 7 AFFORDABLE HOUSING PROJECTS WITHIN THE BUDGET AS BIDS FROM PRIVATE GENERAL CONTRACTORS WERE COMING IN 40% ABOVE BUDGET. TRAVAUX IS NOT EXPECTED TO GENERATE ANY PROFIT ON THESE 7 PROJECTS.

    Expenses $24,264,145 · Revenue $27,609,938

  • Revenue $51,075

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Antonio M Perez

    PRESIDENT (THROUGH FEBRUARY 2022)

    Total calculated
    $105,059
    From this org
    $0
    From related orgs
    $103,853
    Other
    $1,206
    Hours/week
    0.23

  • Fernando Aniban

    TREASURER

    Total calculated
    $227,729
    From this org
    $0
    From related orgs
    $199,331
    Other
    $28,398
    Hours/week
    0.23 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,331 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $28,398 related
    Filer's total
    $0 + $227,729 related

  • Kim Hurtado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Grady Crosby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Daniel McCarthy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Joan Zepecki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Mark Wagner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23 + 0.46 related

  • Eugene Guskowski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • James A Bohl Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Alderman Khalif Rainey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Eugene Manzanet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Willie L Hines Jr

    PRESIDENT & CHAIR OF BOARD (STARTING MARCH 2022)

    Total calculated
    $239,459
    From this org
    $0
    From related orgs
    $217,871
    Other
    $21,588
    Hours/week
    0.23 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $217,871 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,588 related
    Filer's total
    $0 + $239,459 related

  • Warren Jones

    VP OF CONSTRUCTION

    Total calculated
    $185,186
    From this org
    $134,947
    From related orgs
    $0
    Other
    $50,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,947
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $28,633 + $21,606 related
    Filer's total
    $163,580 + $21,606 related

  • Scott Simon

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $156,606
    From this org
    $127,096
    From related orgs
    $0
    Other
    $29,510
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,096
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $29,510
    Filer's total
    $156,606

  • Timothy Kleinschmidt

    CONSTRUCTION SUPERINTENDENT

    Total calculated
    $142,527
    From this org
    $115,602
    From related orgs
    $0
    Other
    $26,925
    Hours/week
    40

  • Daniel Burgos

    CONSTRUCTION SUPERINTENDENT

    Total calculated
    $160,146
    From this org
    $122,203
    From related orgs
    $0
    Other
    $37,943
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,203
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,943
    Filer's total
    $160,146

  • Gregory Anderson

    VP OF ASSET MANAGEMENT

    Total calculated
    $129,490
    From this org
    $124,412
    From related orgs
    $0
    Other
    $5,078
    Hours/week
    40

  • Kevin Theissen

    SENIOR PROGRAM MANAGER

    Total calculated
    $123,439
    From this org
    $105,393
    From related orgs
    $0
    Other
    $18,046
    Hours/week
    40

  • James Wellman

    MAINTENANCE DIRECTOR

    Total calculated
    $111,458
    From this org
    $111,286
    From related orgs
    $0
    Other
    $172
    Hours/week
    40

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202343199349310979

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