Nonprofit · EIN 23-7417643
SOCIETYS ASSETS INCORPORATED
Tax-exempt · RACINE, WI 53406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,795,861 | $4,225,299 | -$429,438 | $10,541,304 | $3,727,984 | $6,813,320 |
| June 30, 2024 | 990 | $4,020,974 | $4,193,867 | -$172,893 | $10,708,161 | $3,894,052 | $6,814,109 |
| June 30, 2023 | 990 | $4,579,767 | $4,519,408 | $60,359 | $9,768,471 | $3,213,040 | $6,555,431 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $496,290
- of which government grants
- $411,232
- Program service revenue
- $3,098,566
- Investment income
- $219,259
- Net gain from sales of assets
- $150
- Net income from fundraising events
- -$18,600
- Other revenue
- -$18,254
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $108,047
- Other salaries and wages
- $2,657,521
- Salaries, compensation and benefits (total)
- $3,168,259
- Professional fundraising fees
- $0
- Occupancy
- $316,319
- Travel
- $46,886
- Depreciation
- $1,899
- Program services (functional)
- $4,064,788
- Management and general (functional)
- $160,511
Balance sheet and other
- Total assets, start of year
- $10,708,161
- Total assets, end of year
- $10,541,304
- Total liabilities, end of year
- $3,727,984
- Net assets, end of year
- $6,813,320
- Land, buildings and equipment
- $2,849
- Publicly traded securities
- $6,430,922
- Net assets without donor restrictions
- $6,813,320
- Gross receipts
- $4,353,041
- Employees
- 198
- Volunteers
- 0
- Year formed
- 1974
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KARL KOPP | EXECUTIVE DIRECTOR Key employee | 40 | $101,358 | $6,689 |
| ADRIENNE STIGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LARRY HAAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACQUELINE SIANA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARTY HUTCHINGS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACQUELINE SLANA | VICE-CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TERRI GILLILAND | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ERIC BERTELSEN | SEC/TREAS Trustee or director, Officer | 2 | $0 | $0 |
| MARY LIPPERT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON KAFURA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARL KOPP | EXECUTIVE DIRECTOR Key employee | 40 | $105,047 | $5,578 |
| ADRIENNE STIGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LARRY HAAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL SCHAUFEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARTY HUTCHINGS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACQUELINE SLANA | VICE-CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TERRI GILLILAND | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ERIC BERTELSEN | SEC/TREAS Trustee or director, Officer | 2 | $0 | $0 |
| MARY LIPPERT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON KAFURA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARL KOPP | EXECUTIVE DIRECTOR Key employee | 40 | $103,512 | $5,773 |
| ADRIENNE STIGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LARRY HAAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL SCHAUFEL | VICE-CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| MARTY HUTCHINGS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACQUELINE SLANA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN MURPHY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ERIC RUSSOW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TERRI GILLILAND | CHAIRPERSON Trustee or director, Officer | 2 | $0 | $0 |
| ERIC BERTELSEN | SEC/TREAS Trustee or director, Officer | 2 | $0 | $0 |
| MARY LIPPERT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON KAFURA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5200 WASHINGTON AVE STE 225, RACINE, WI 53406-4238
- Principal officer (990 for 2024)
- KARL KOPP, 5200 WASHINGTON AVE, RACINE, WI 534064243
- Signed the 990
- STEPHANIE SCHWARTZ, EXECUTIVE DIRECTOR
- Phone
- (262) 637-9128
- Website
- http://societysassets.org/
- Return prepared by
- RICHARD L WOELFEL CPA LLC
Mission
HELP DISABLED PERSONS LIVE INDEPENDENTLY. TO ENSURE THE RIGHTS OF ALL PERSONS WITH DISABILITIES TO LIVE AND FUNCTION AS INDEPENDENTLY AS POSSIBLE IN THE COMMUNITY OF THEIR CHOICE THROUGH SUPPORTING INDIVIDUALS EFFORT TO ACHIEVE CONTROL OVER THEIR LIVES AND BECOME INTEGRATED INTO COMMUNITY LIFE.
Program accomplishments
- INDEPENDENT LIVING PROGRAM: INFORMATION & REFERRAL, CASE MANAGEMENT COUNSELING, INDEPENDENT LIVING SKILLS TRAINING, TECHNICAL ASSISTANCE & CONSULTATION SERVICES DIRECTED AT ENABLING PHYSICALLY DISABLED PERSONS TO BECOME MORE INDEPENDENTExpenses $1,220,881 · revenue $564,383
- HOME/PERSONAL MAINTENANCE PROGRAM: SUPPORTIVE HOME CARE SERVICES FOR PERSONS WITH SEVERE PHYSICAL DISABILITIESExpenses $2,843,907 · revenue $2,473,433
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7417643
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Group exemption
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J30)
- Group exemption
- 3658
- Assets (IRS master file)
- $10,708,161
- Income (IRS master file)
- $4,929,560
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,795,861 | $4,225,299 | $10,541,304 | IRS |
| 990 | June 2024 | $4,020,974 | $4,193,867 | $10,708,161 | XML |
| 990 | June 2023 | $4,579,767 | $4,519,408 | $9,768,471 | XML |
| 990 | June 2022 | $5,804,007 | $5,461,773 | $8,841,144 | IRS |
| 990 | June 2021 | $8,553,625 | $6,907,966 | $11,118,310 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 23-7417643).
Questions about SOCIETYS ASSETS INCORPORATED
- What is the EIN of SOCIETYS ASSETS INCORPORATED?
- The employer identification number (EIN) of SOCIETYS ASSETS INCORPORATED is 23-7417643.
- Is SOCIETYS ASSETS INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SOCIETYS ASSETS INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption).
- Which annual return does SOCIETYS ASSETS INCORPORATED 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 SOCIETYS ASSETS INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOCIETYS ASSETS INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOCIETYS ASSETS INCORPORATED?
- The 990 for the year ended June 30, 2025 names KARL KOPP.
- Who are the officers and directors of SOCIETYS ASSETS INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $101,358 (KARL KOPP, EXECUTIVE DIRECTOR).
- How much revenue does SOCIETYS ASSETS INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,795,861, expenses of $4,225,299 and total assets of $10,541,304 at year end.
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