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Nonprofit · EIN 02-0704244

WISPACT INC

Tax-exempt · MADISON, WI 53714

Financials

$13M$8.4M2024
Revenue Expenses · by fiscal year end
Financials of WISPACT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$13,007,918$8,416,127$4,591,791$26,188,865$529,153$25,659,712
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$12,577,597
Investment income
$430,321
Net gain from sales of assets
$7,106
Other revenue
$0

Expenses

Grants and similar amounts paid
$986,865
Benefits paid to members
$4,567,371
Compensation of officers, directors and key employees
$236,568
Other salaries and wages
$1,301,413
Salaries, compensation and benefits (total)
$2,156,434
Professional fundraising fees
$0
Legal fees
$10,799
Accounting fees
$87,311
Occupancy
$128,006
Travel
$31,489
Depreciation
$32,946
Program services (functional)
$7,393,096
Management and general (functional)
$1,023,031

Balance sheet and other

Total assets, start of year
$20,535,619
Total assets, end of year
$26,188,865
Total liabilities, end of year
$529,153
Net assets, end of year
$25,659,712
Land, buildings and equipment
$10,170
Publicly traded securities
$12,000,048
Net assets without donor restrictions
$25,659,712
Gross receipts
$19,788,480
Employees
20
Volunteers
20
Year formed
2002
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEVIN HAYDEEXECUTIVE DIRECTOR
Officer
40$196,777$39,790
JULIE STRENNCHAIR
Trustee or director, Officer
1$0$0
TOM SCHRAEDERSECRETARY
Trustee or director, Officer
1$0$0
MARK VAN SOMERENTREASURER
Trustee or director, Officer
1$0$0
BRIDGET ERWINIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
BARBARA HUGHESDIRECTOR
Trustee or director
1$0$0
ARIC BURCHDIRECTOR
Trustee or director
1$0$0
BLAINE PATINODIRECTOR
Trustee or director
1$0$0
ELIZABETH WINGARDDIRECTOR
Trustee or director
1$0$0
GENE LAROCKDIRECTOR
Trustee or director
1$0$0
HEATHER POSTERDIRECTOR
Trustee or director
1$0$0
KATHRYNE AUERBACKDIRECTOR
Trustee or director
1$0$0
MARISSA BLACKMOREDIRECTOR
Trustee or director
1$0$0
PHIL KONRATHDIRECTOR
Trustee or director
1$0$0
TRICIA WILKINSONDIRECTOR
Trustee or director
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
KATE SCHILLINGDIRECTOR
Trustee or director
1$0
BRYANT RAYDIRECTOR
Trustee or director
1$0
CRYSTAL BRABENDERDIRECTOR
Trustee or director
1$0
JENNIFER LASKYDIRECTOR
Trustee or director
1$0
JON FISCHERDIRECTOR
Trustee or director
1$0
SARAH BARNESDIRECTOR
Trustee or director
1$0
SYDNEY BADEAUDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
226 CORPORATE DR, MADISON, WI 53714-2406
Principal officer (990 for 2024)
KEVIN HAYDE, 226 CORPORATE DR, MADISON, WI 537142406
Signed the 990
KEVIN HAYDE, EXECUTIVE DIRECTOR
Phone
(608) 268-6006
Return prepared by
WEGNER CPAS LLP

Mission

WE ENHANCE THE WELL-BEING OF PEOPLE OF ALL AGES WITH DISABILITIES ACROSS WISCONSIN THROUGH THE MANAGEMENT OF SPECIAL NEEDS TRUSTS BY PROMOTING MORE CHOICE AND OPPORTUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • BENEFICIARY AND CREATOR SERVICES - PROVIDE INFORMATION, REFERRAL, ADVOCACY, AND OVERSIGHT TO AND FOR PERSONS WHO CREATE OR BENEFIT BY SPECIAL NEEDS TRUST ACCOUNTS FOR DISABLED PERSONS. BENEFICIARY SPECIALISTS PROCESS DISBURSEMENT REQUESTS FOR BENEFICIARIES OUT OF THEIR TRUST ACCOUNTS. TRUST ADVISORS COORDINATE THE SET-UP OF NEW TRUST ACCOUNTS CREATED.
    Expenses $7,186,157 · grants $986,865 · revenue $12,577,597
  • EDUCATION AND OUTREACH - PROVIDE EDUCATION TO THE PUBLIC ABOUT SPECIAL NEEDS TRUSTS FOR PEOPLE WITH DISABILITIES THROUGH PUBLICATIONS ONLINE AND IN PRINT AND THROUGH PRESENTATIONS TO GROUPS.
    Expenses $206,939

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0704244
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$26,188,865
Income (IRS master file)
$19,788,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$9,102,679$8,279,866$20,535,619IRS
990December 2022$7,114,677$8,039,222$18,413,551IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about WISPACT INC

What is the EIN of WISPACT INC?
The employer identification number (EIN) of WISPACT INC is 02-0704244.
Is WISPACT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to WISPACT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WISPACT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WISPACT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WISPACT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WISPACT INC?
The 990 for the year ended December 31, 2024 names KEVIN HAYDE.
Who are the officers and directors of WISPACT INC?
The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $196,777 (KEVIN HAYDE, EXECUTIVE DIRECTOR).
How much revenue does WISPACT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $13,007,918, expenses of $8,416,127 and total assets of $26,188,865 at year end.

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