Nonprofit · EIN 39-1593285
VENTURES UNLIMITED INC
Tax-exempt · SHELL LAKE, WI 54871
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,099,279 | $2,902,025 | $197,254 | $3,510,430 | $206,587 | $3,303,843 |
| December 31, 2023 | 990 | $3,001,023 | $2,740,844 | $260,179 | $3,435,903 | $329,314 | $3,106,589 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $91,650
- Program service revenue
- $2,517,775
- Investment income
- $152,795
- Net rental income
- $657
- Net gain from sales of assets
- $127,900
- Net income from sales of inventory
- $336,267
- Other revenue
- $337,059
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $107,208
- Other salaries and wages
- $1,816,873
- Salaries, compensation and benefits (total)
- $2,310,294
- Professional fundraising fees
- $0
- Legal fees
- $750
- Accounting fees
- $35,830
- Occupancy
- $108,314
- Travel
- $80,654
- Depreciation
- $147,975
- Program services (functional)
- $2,467,857
- Management and general (functional)
- $434,168
Balance sheet and other
- Total assets, start of year
- $3,435,903
- Total assets, end of year
- $3,510,430
- Total liabilities, end of year
- $206,587
- Net assets, end of year
- $3,303,843
- Land, buildings and equipment
- $1,759,163
- Publicly traded securities
- $4,645
- Net assets without donor restrictions
- $3,208,123
- Net assets with donor restrictions
- $95,720
- Gross unrelated business income
- $657
- Gross receipts
- $3,520,353
- Employees
- 185
- Year formed
- 1976
- 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 | Other / benefits |
|---|---|---|---|---|
| KRISTIN FRANE | CEO Trustee or director, Officer | 40 | $107,208 | $6,281 |
| PHIL SOLTIS | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| BETHANY DENEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VERN LOKKEN | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| FRED JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARB MUENCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERN LOKKEN | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| WAYNE KUPSCH | DIRECTOR Trustee or director | 1 | $0 |
| PHIL SOLTIS | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| FRED JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| BARB MUENCH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 623, SHELL LAKE, WI 54871-0623
- Principal officer (990 for 2024)
- VERN LOKKEN, PO BOX 623, SHELL LAKE, WI 54871
- Signed the 990
- KRISTIN FRANE, CEO
- Phone
- (715) 468-2939
- Website
- VENTURESUNLIMITED.ORG
- Return prepared by
- CARLSONSV LLP
Mission
PROVIDING INNOVATIVE SERVICES FOR INDIVIDUALS WITH DISABILITIES SO THEY MAY LEAD MEANINGFUL LIVES.
Program accomplishments
- MEANINGFUL WORK IS ONE OF THE MOST IMPORTANT SERVICES WE PROVIDED DAILY TO OUR PARTICIPANTS WITH THE ULTIMATE GOAL BEING COMMUNITY EMPLOYMENT. OUR 159 CONSUMERS/EMPLOYEES DEPENDED ON US TO ENSURE THAT THEY LIVED AS INDEPENDENTLY AS POSSIBLE AND ACHIEVED THE ABILITY TO EARN A PAYCHECK, INCREASE THEIR INDEPENDENCE AND HAVE MEANING IN THEIR LIVES. ONE-ON-ONE INDIVIDUAL TRAINERS ASSISTED IN DESIGNING FUNCTIONAL EXERCISES TO IMPROVE DAILY LIVING SKILLS AND WORK SITE-SUCCESSES. GROUP FITNESS AND SUPPORT GROUPS IMPLEMENTED A VARIETY OF ACTIVITIES AND PROGRAMS SUCH AS STRENGTH TRAINING, AEROBICS, BALANCE TRAINING, BALLROOM DANCING AND OUTDOOR ACTIVITIES THAT INCORPORATED FUN TO HELP SUPPORT THE CO-WORKERS.Expenses $2,467,857 · revenue $2,517,775
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
- 39-1593285
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,510,430
- Income (IRS master file)
- $3,520,353
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,099,279 | $2,902,025 | $3,510,430 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,001,023 | $2,740,844 | $3,435,903 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,806,929 | $2,383,984 | $3,347,908 | 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 2019 | – | – | – | 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 39-1593285).
Questions about VENTURES UNLIMITED INC
- What is the EIN of VENTURES UNLIMITED INC?
- The employer identification number (EIN) of VENTURES UNLIMITED INC is 39-1593285.
- Is VENTURES UNLIMITED INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to VENTURES UNLIMITED INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VENTURES UNLIMITED 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 VENTURES UNLIMITED 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 VENTURES UNLIMITED 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 VENTURES UNLIMITED INC?
- The 990 for the year ended December 31, 2024 names VERN LOKKEN.
- Who are the officers and directors of VENTURES UNLIMITED INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $107,208 (KRISTIN FRANE, CEO).
- How much revenue does VENTURES UNLIMITED INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,099,279, expenses of $2,902,025 and total assets of $3,510,430 at year end.
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