Weac Region 7 FY2024 filing

Not tax-deductible

Brookfield, WI501(c)(5)Since 1972EIN 39-1175604

$7K paid to officers and key staff.
Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $14K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$7K
to officers and key staff · 0.9% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $45K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$124K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 9 voting members
Looks good: 6 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$943K
-3% vs prior year
Spent
$761K
Net assets
$539K
By yearFY2020–FY2024
Revenue
$943K
FY2024▼ -3%
Revenue by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.0M
FY2023$970K
FY2024$943K
FY2024$951K
Expenses
$761K
FY2024▼ -24%
Expenses by fiscal year
FY2020$1.2M
FY2021$1.0M
FY2022$1.0M
FY2023$1.0M
FY2024$761K
FY2024$1.0M
Net assets
$539K
FY2024▲ +54%
Net assets by fiscal year
FY2020$221K
FY2021$280K
FY2022$246K
FY2023$351K
FY2024$539K
FY2024$467K

From the FY2024 Form 990 (year ending August 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990; $7K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$5,500Pt VII · Sec A
Secretary/Treasurer
$1,500Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Weac Board Rep
$0Pt VII · Sec A
At-Large Member
$0Pt VII · Sec A
$0Pt VII · Sec A
At-Large Member
$0Pt VII · Sec A
At-Large Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Miguel Salas——$77,343$115,464$115,397—
Miguel Emiliano Salas—————$114,757
Theodore Kraig——$76,894$113,172$112,755$113,769
Steven Cupery———$95,161$111,780$91,474
Elizabeth Ludeman——$76,141$108,947$108,382$109,093
Aquintas Chesir——$72,787$8,325——
Rachel Swick$5,500$5,500$5,500$5,500——
Debra Martin————$5,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Weac Region 7 executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps Wisconsin educators bargain, develop skills, and advocate for their rights.

Provided by the organization

This section is blank until Weac Region 7 claims this page.

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1 program service, described in the organization's own filed words · FY2023.
01

The purpose of weac region 7 is to provide a governance structure through which member local associations may cooperatively provide services for their members and carry out the following objectives: provide assistance in obtaining improved wages, hours, and working conditions to school personnel represented by member local associations…

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$45K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$943K
Ln 12
Fees for servicesLn 2g$788K
Gifts and grantsLn 1h$127K
Investment incomeLn 3$15K
Money outPt IX
$761K
Ln 25
Owns and owesPt X
$539K
net assets · Ln 32
Cash and savingsLn 1–2$337K
Total assetsLn 16$663K
LiabilitiesLn 26$124K
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$127K
Fees for servicesLn 2g$788K
Investment incomeLn 3$15K
Other incomeLn 4–11$12K
Total revenueLn 12$943K
Assets in detailPt X, end of year
CashLn 1$266K
SavingsLn 2$71K
Cash and savings togetherLn 1–2$337K
InvestmentsLn 11–13$277K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$6K
Total assetsLn 16$663K
LiabilitiesLn 26$124K
Net assetsLn 32$539K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$279K$337K
InvestmentsLn 11–13$466K$277K
Land, buildings, equipmentLn 10c$3K$3K
Total assetsLn 16$793K$663K
LiabilitiesLn 26$442K$124K
Net assetsLn 32$351K$539K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$10K
Management feesLn 11a$631K
Legal feesLn 11b$855
Other fees for servicesLn 11g$6K
Advertising and promotionLn 12$111
Office expensesLn 13$22K
Information technologyLn 14$2K
OccupancyLn 16$55K
TravelLn 17$25K
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$4K
All other expensesLn 24e$4K
Total functional expensesLn 25$761K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $943K$761K$181K$539K 990 PDF
FY2023 $970K$1.0M−$35K$351K 990 PDF
FY2022 $1.0M$1.0M−$21K$246K 990 PDF
FY2021 $1.1M$1.0M$59K$280K 990 PDF
FY2020 $1.1M$1.2M−$117K$221K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $942,684 across 6 lines filed
Lines not itemized here account for $338 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$126,689
VIII-1h Total contributions, gifts and grants$126,689
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $788,113$788,113
VIII-3 Investment incomeExcluded from tax $15,420$15,420
VIII-6 Net rental income or lossExcluded from tax $12,124$12,124
VIII-12 Total revenueRelated to mission $788,113 · Unrelated business $0 · Excluded from tax $27,882$942,684
Part IX · Statement of functional expenses $761,215 across 12 lines filed
IX-5 Pay of current officers, directors and key staff$9,744
IX-11a Management fees$630,690
IX-11b Legal fees$855
IX-11g Other fees for services$6,276
IX-12 Advertising and promotion$111
IX-13 Office expenses$21,822
IX-14 Information technology$1,615
IX-16 Occupancy$54,750
IX-17 Travel$25,256
IX-23 Insurance$2,007
IX-24 Other expenses (24a–d)$4,373
IX-24e All other expenses$3,716
IX-25 Total functional expenses$761,215
Part X · Balance sheet $662,570 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $209,539$265,980
X-2 Savings and temporary cash investmentsStart of year $69,394$70,897
X-4 Accounts receivableStart of year $33,444$35,149
X-9 Prepaid expenses and deferred chargesStart of year $5,447$4,600
X-10c Land, buildings and equipment, netStart of year $3,180$3,180
X-12 Other securitiesStart of year $465,542$276,653
X-15 Other assetsStart of year $6,111$6,111
X-16 Total assetsStart of year $792,657$662,570
X-17 Accounts payable and accrued expensesStart of year $380,022$84,126
X-19 Deferred revenueStart of year $21,617$18,330
X-25 Other liabilitiesStart of year $40,247$21,294
X-26 Total liabilitiesStart of year $441,886$123,750
X-27 Net assets without donor restrictionsStart of year $350,771$538,820
X-32 Total net assets or fund balancesStart of year $350,771$538,820
X-33 Total liabilities and net assetsStart of year $792,657$662,570
Part XI · Reconciliation of net assets $538,820 net assets at year end
XI-1 Total revenue$942,684
XI-2 Total expenses$761,215
XI-3 Revenue less expenses$181,469
XI-4 Net assets at start of year$350,771
XI-5 Net unrealized gains (losses) on investments$6,580
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$538,820

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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