Nonprofit · EIN 26-0425048
COMMUNITY PROPERTY INC
Tax-exempt · WISC RAPIDS, WI 54494
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $134,760 | $169,106 | -$34,346 | $2,686,262 | $2,699,544 | -$13,282 |
| December 31, 2023 | 990 | $130,791 | $162,638 | -$31,847 | $2,686,748 | $2,665,684 | $21,064 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $58,000
- Program service revenue
- $76,760
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $780
- Accounting fees
- $4,075
- Occupancy
- $54,333
- Depreciation
- $46,460
- Program services (functional)
- $165,006
- Management and general (functional)
- $4,100
Balance sheet and other
- Total assets, start of year
- $2,686,748
- Total assets, end of year
- $2,686,262
- Total liabilities, end of year
- $2,699,544
- Net assets, end of year
- -$13,282
- Land, buildings and equipment
- $1,169,083
- Net assets without donor restrictions
- -$13,282
- Gross unrelated business income
- $71,960
- Gross receipts
- $134,760
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2007
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAWN NEUMAN | DIRECTOR/TREASURER Trustee or director, Officer | 2 | $0 | $51,952 | $15,872 |
| DALE BIKOWSKI | DIRECTOR/CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KRISTIE RAUTER-EGGE | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAWN NEUMAN | DIRECTOR/TREASURER Trustee or director, Officer | 2 | $0 | $42,267 | $21,570 |
| DALE BIKOWSKI | DIRECTOR/CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KRISTIE RAUTER-EGGE | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 478 E GRAND AVE STE 200, WISC RAPIDS, WI 54494-4881
- Principal officer (990 for 2024)
- DALE BIKOWSKI, 478 EAST GRAND AVE 200, WISCONSIN RAPIDS, WI 544944852
- Signed the 990
- DAWN NEUMAN, TREASURER
- Phone
- (715) 423-3863
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
COMMUNITY PROPERTY, INC. IS ORGANIZED, AND AT ALL TIMES IS OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF INCOURAGE COMMUNITY FOUNDATION, INC., A 501(C)(3) NONPROFIT COMMUNITY FOUNDATION WHICH IS A VALUES-LED, USER-CENTERED, PLACE-BASED PHILANTHROPIC AND COMMUNITY BUILDING ORGANIZATION THAT PROMOTES COMMUNITY-LED PHILANTHROPY IN SOUTHERN WOOD COUNTY, WISCONSIN AND THE SURROUNDING AREA. IT WAS PRINCIPALLY FORMED TO ACQUIRE, ACCEPT, HOLD, LEASE, MANAGE, ADMINISTER AND/OR LIQUIDATE IN AN ORDERLY FASHION, DONATIONS, BEQUESTS AND PROPERTY FOR THE BENEFIT AND/OR PURPOSES OF INCOURAGE.
Program accomplishments
- ACQUIRING, ACCEPTING, HOLDING, LEASING, MANAGING, ADMINISTERING AND/OR LIQUIDATING IN AN ORDERLY FASHION, DONATIONS, BEQUESTS AND PROPERTY FOR THE BENEFIT AND/OR PURPOSES OF INCOURAGE COMMUNITY FOUNDATION, INC. COMMUNITY PROPERTY CURRENTLY OWNS AN OFFICE BUILDING AT 478 AND 480 EAST GRAND AVENUE IN WISCONSIN RAPIDS, WISCONSIN, THAT IT RENTS IN PART TO INCOURAGE, AND IN PART TO THREE THIRD-PARTY LOCAL BUSINESSES.Expenses $86,806 · revenue $4,800
- IN A COORDINATED EFFORT WITH ITS SUPPORTED ORGANIZATION, INCOURAGE COMMUNITY FOUNDATION, INC. ("INCOURAGE"), COMMUNITY PROPERTY ACQUIRED THE FORMER DAILY TRIBUNE NEWSPAPER AND WFHR RADIO BUILDING, A HISTORIC LOCAL MID-CENTURY PROPERTY LOCATED ON THE BANKS OF THE WISCONSIN RIVER IN DOWNTOWN WISCONSIN RAPIDS, WISCONSIN, IN DECEMBER OF 2012. THE REDEVELOPMENT OF THE PROPERTY (THE "TRIBUNE") IS BEING INFORMED BY INCOURAGE'S COMMITMENT TO PLACE-BASED INVESTING AND USER-CENTERED DECISION MAKING FOR SOUTHERN WOOD COUNTY'S FUTURE, WHEREBY INCOURAGE HAS ENGAGED OVER 2,000 RESIDENTS IN THE PLANNING AND DECISION-MAKING PROCESS SO FAR. THE TRIBUNE IS BEING DESIGNED TO REFLECT RESIDENT PRIORITIES AND CAPITALIZE ON COMMUNITY AND REGIONAL ASSETS. FROM THE BEGINNING, THE TRIBUNE HAS BEEN ABOUT MUCH MORE THAN REDEVELOPING A BUILDING. IT IS A DEMONSTRATION OF A USER-CENTERED PROCESS TOWARD REALIZING INCOURAGE'S VISION OF PARTNERING WITH RESIDENTS, BUSINESSES, AND CIVIC LEADERS IN RURAL CENTRAL WISCONSIN TO CO-CREATE AN INCLUSIVE, ADAPTIVE, AND SUSTAINABLE COMMUNITY THAT WORKS WELL FOR ALL PEOPLE. THE REDEVELOPED FACILITY WILL BE AN ECONOMIC AND COMMUNITY HUB FOR SOUTHERN WOOD COUNTY AND CENTRAL WISCONSIN, WITH A PARTICULAR FOCUS ON THE NEEDS OF RURAL COMMUNITIES. IT WILL SERVE AS AN ENTREPRENEURIAL SUPPORT CENTER, A FOCAL POINT OF REGIONAL COLLABORATION AND INNOVATION, AND A DYNAMIC COMMUNITY PLACE FOR WORK, PLAY, AND COMMERCE. AS A RECAP OF THE MULTI-YEAR JOURNEY SO FAR, PHASE ONE IN 2013 AND 2014, CONSISTED OF FOUR PUBLIC MEETINGS WHERE EVERYONE IN THE COMMUNITY WAS INVITED TO SHARE THEIR IDEAS FOR THE FUTURE USE OF THE SPACE, INCLUDING ENCOURAGING RESIDENTS TO SHIFT THEIR THINKING FROM "ME" TO "WE." PHASE TWO IN 2014, CONSISTED OF SEVEN PUBLIC MEETINGS WHEREBY THE COMMUNITY WAS INVITED TO PARTICIPATE IN ACTIVITIES RELATED TO THE POTENTIAL DESIGN AND SUSTAINABILITY OF THE FACILITY. PHASE THREE IN 2015 AND 2016, CONSISTED OF TEN PUBLIC MEETINGS IN WHICH PARTICIPANTS FOCUSED ON DEEPENING RELATIONSHIPS, FURTHER DEFINING POTENTIAL PROGRAMMING WITHIN THE FACILITY, AND DEVELOPING RESIDENT-LED FUNDRAISING OPPORTUNITIES TO HELP REALIZE THE BUILDING. IN 2017 AND 2018 COMMUNITY MEMBERS EXPLORED HOW SIMILAR PROJECTS IN OTHER REGIONS DEVELOPED, AND FUNDRAISING EFFORTS AT THE STATE AND NATIONAL LEVEL EXPANDED. IN 2019, THE STATE OF WISCONSIN DEPARTMENT OF ADMINISTRATION ANNOUNCED A $3 MILLION MATCHING GRANT OPPORTUNITY FOR THE TRIBUNE'S FUTURE RECONSTRUCTION, AND INCOURAGE AND THE UNIVERSITY OF WISCONSIN-STEVENS POINT ANNOUNCED A COLLABORATION TO PROVIDE EXPERTISE FOR SUSTAINABLE ECONOMIC CHANGE IN CENTRAL WISCONSIN. DURING 2020 TO 2022 COLLABORATIONS WITH KEY STAKEHOLDERS IN REGIONAL ECONOMIC TRANSFORMATION AND GROWTH CONTINUED DESPITE THE CHALLENGES PRESENTED BY COVID INTERRUPTIONS TO BUSINESS AS USUAL. A FEASIBILITY STUDY INITIATED IN LATE 2022 AND COMPLETED IN 2023 INDICATED PROMISING OPPORTUNITIES FOR INCLUDING PUBLIC MARKET TYPE APPROACHES. THE PREPARATION OF A COMPREHENSIVE BUSINESS PLAN WAS INITIATED IN EARLY 2024 AND IS BEING COMPLETED IN 2025 IN SUPPORT OF REALIZING THE FULL POTENTIAL OF THIS IMPORTANT COMMUNITY ASSET THAT WILL PRIORITIZE END-USE IDEAS THAT WILL CELEBRATE LOCAL ASSETS, CONNECT RESIDENTS, AND ACT AS A CATALYST FOR FUTURE DOWNTOWN DEVELOPMENT. AT ITS CORE, THE TRIBUNE WILL BE A TRUE COMMUNITY SOCIAL ENTERPRISE FOCUSED ON CULTIVATING ENTREPRENEURS AND GROWING A SUSTAINABLE LOCAL ECONOMY. TO LEARN MORE, VISIT INCOURAGECF.ORG/TRIBUNE/ AND FORM 990 FOR INCOURAGE COMMUNITY FOUNDATION, INC.SINCE ITS PURCHASE, THE PROPERTY HAS BEEN MAINTAINED IN A HOLDING PATTERN AWAITING REDEVELOPMENT AND HAS BEEN UTILIZED OCCASIONALLY FOR TOURS AND ACTIVITIES LIKE HAVING SERVED IN PRIOR YEARS AS A CENTRAL COORDINATION POINT FOR INCOURAGE'S COMMUNITY PICNIC AND HOSTING TRIBUNE "TEASERS", WHICH ARE MINI DEMONSTRATION VERSIONS OF THE TYPES OF ACTIVITIES THAT WILL ONE DAY HAPPEN AT THE FULLY REDEVELOPED TRIBUNE. IN THE LATER PART OF 2015, THE STATE OF WISCONSIN APPROVED REDEVELOPMENT PLANS FOR THE PROPERTY IMPROVEMENTS AND SELECT INTERIOR REMEDIATION AND DEMOLITION WAS UNDERTAKEN. FUND DEVELOPMENT CONTINUES TOWARD REALIZING THE COMPLETE RENOVATION OF THE PROPERTY INTO A VIBRANT COMMUNITY ASSET.Expenses $78,200
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0425048
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $2,686,262
- Income (IRS master file)
- $134,760
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $134,760 | $169,106 | $2,686,262 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $130,791 | $162,638 | $2,686,748 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $125,232 | $156,074 | $2,685,636 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 26-0425048).
Questions about COMMUNITY PROPERTY INC
- What is the EIN of COMMUNITY PROPERTY INC?
- The employer identification number (EIN) of COMMUNITY PROPERTY INC is 26-0425048.
- Is COMMUNITY PROPERTY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to COMMUNITY PROPERTY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COMMUNITY PROPERTY 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 COMMUNITY PROPERTY 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 COMMUNITY PROPERTY 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 COMMUNITY PROPERTY INC?
- The 990 for the year ended December 31, 2024 names DALE BIKOWSKI.
- Who are the officers and directors of COMMUNITY PROPERTY INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY PROPERTY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $134,760, expenses of $169,106 and total assets of $2,686,262 at year end.
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