Nonprofit · EIN 39-1708484
WATERTOWN AREA COMMUNITY FOUNDATION
Tax-exempt · WATERTOWN, WI 53094
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,540,156 | $821,248 | $1,718,908 | $16,034,101 | $2,471,582 | $13,562,519 |
| June 30, 2024 | 990 | $4,112,069 | $726,849 | $3,385,220 | $17,397,768 | $4,743,933 | $12,653,835 |
| June 30, 2023 | 990 | $1,934,030 | $569,063 | $1,364,967 | $13,818,056 | $2,547,949 | $11,270,107 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,294,802
- Program service revenue
- $0
- Investment income
- $1,245,354
- Net gain from sales of assets
- $997,351
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $701,517
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $25,320
- Program services (functional)
- $701,517
- Management and general (functional)
- $119,731
Balance sheet and other
- Total assets, start of year
- $17,397,768
- Total assets, end of year
- $16,034,101
- Total liabilities, end of year
- $2,471,582
- Net assets, end of year
- $13,562,519
- Publicly traded securities
- $15,621,519
- Net assets without donor restrictions
- $156,893
- Net assets with donor restrictions
- $13,405,626
- Gross receipts
- $7,602,289
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1991
- 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 |
|---|---|---|---|
| TOM SCHULTZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BILL OSWALD | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MIKE HOPPENRATH | TREASURER Trustee or director, Officer | 5 | $0 |
| SUE RHODES | SECRETARY Trustee or director, Officer | 5 | $0 |
| SUSANNE BRADOW | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA BUDEWITZ | DIRECTOR Trustee or director | 2 | $0 |
| AMY BUCHHOLTZ | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN CLIFFORD | DIRECTOR Trustee or director | 2 | $0 |
| DEB FISCHER | DIRECTOR Trustee or director | 2 | $0 |
| TOM LEVI | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM SCHULTZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BILL OSWALD | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MIKE HOPPENRATH | TREASURER Trustee or director, Officer | 5 | $0 |
| SUE RHODES | SECRETARY Trustee or director, Officer | 5 | $0 |
| SUSANNE BRADOW | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA BUDEWITZ | DIRECTOR Trustee or director | 2 | $0 |
| AMY BUCHHOLTZ | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN CLIFFORD | DIRECTOR Trustee or director | 2 | $0 |
| DEB FISCHER | DIRECTOR Trustee or director | 2 | $0 |
| TOM LEVI | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM SCHULTZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| BILL OSWALD | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| MIKE HOPPENRATH | TREASURER Trustee or director, Officer | 5 | $0 |
| SUE RHODES | SECRETARY Trustee or director, Officer | 5 | $0 |
| SUSANNE BRADOW | DIRECTOR Trustee or director | 2 | $0 |
| SANDRA BUDEWITZ | DIRECTOR Trustee or director | 2 | $0 |
| AMY BUCHHOLTZ | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN CLIFFORD | DIRECTOR Trustee or director | 2 | $0 |
| DEB FISCHER | DIRECTOR Trustee or director | 2 | $0 |
| TOM LEVI | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 351, WATERTOWN, WI 53094-0351
- In care of
- % THOMAS LEVI
- Principal officer (990 for 2024)
- MIKE HOPPENRATH, PO BOX 351, WATERTOWN, WI 53094
- Signed the 990
- MIKE HOPPENRATH, TREASURER
- Phone
- (920) 285-0537
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE FOR THE BETTERMENT OF WATERTOWN, WISCONSIN AND THE SURROUNDING AREA AND PROMOTE THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ITS PEOPLE.
Program accomplishments
- SCHOLARSHIP FUNDING AND COMMUNITY PROJECTS FOR THE PURPOSE OF HIGHER EDUCATION AND COMMUNITY IMPROVEMENT. FUNDING IS AWARDED BASED ON MERIT AND NEED.Expenses $701,517 · grants $701,517
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
- 39-1708484
- 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)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $16,034,101
- Income (IRS master file)
- $7,602,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,540,156 | $821,248 | $16,034,101 | IRS |
| 990 | June 2024 | $4,112,069 | $726,849 | $17,397,768 | IRS |
| 990 | June 2023 | $1,934,030 | $569,063 | $13,818,056 | XML |
| 990 | June 2022 | $2,099,270 | $887,423 | $12,542,679 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 39-1708484).
Questions about WATERTOWN AREA COMMUNITY FOUNDATION
- What is the EIN of WATERTOWN AREA COMMUNITY FOUNDATION?
- The employer identification number (EIN) of WATERTOWN AREA COMMUNITY FOUNDATION is 39-1708484.
- Is WATERTOWN AREA COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to WATERTOWN AREA COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERTOWN AREA COMMUNITY FOUNDATION 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 WATERTOWN AREA COMMUNITY FOUNDATION 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 WATERTOWN AREA COMMUNITY FOUNDATION 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 WATERTOWN AREA COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names MIKE HOPPENRATH.
- Who are the officers and directors of WATERTOWN AREA COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does WATERTOWN AREA COMMUNITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,540,156, expenses of $821,248 and total assets of $16,034,101 at year end.
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All nonprofits in WATERTOWN · Wisconsin · Philanthropy, voluntarism and grantmaking foundations