Airport Gateway Business Association

Nonprofit profile at a glance

EIN
203082357
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2019, Form 990-N 2007
Location
Milwaukee, WI, USA
Phone
4144553323
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$228,260
Expenses
$222,235
Assets
$94,113
Liabilities
$84,700

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JAN KRIVANEK (PRESIDENT)
  • LYNN SIGFRED (VICE PRESIDENT)

Highest reported compensation

  • LEIF OTTESON (EXECUTIVE DIR.): $105,325 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Agba will take a leadership role in planning, promoting and developing the vitality of the gateway to milwaukee - area around the airport. Agba manages its affairs plus those of agbid and okbid.

What it reported doing in 2024

Agba was successful in marketing and promoting the business district and our members in partnership with the agbid #40 via the taste of the gateway discount dining event. This event promotes area restaurant & hospitality in october of each year by reimbursing restaurants for substantial discounts given out over a two day event and program using mailings, social media, direct engagement and live news media.we continue to enhance the image of the area through beautification and safety initiatives. Principally, our activities have included boulevard landscaping enhancements, maintaining garden beds throughout the airport area, planning new streetscape projects, providing grants to property owners for curb appeal projects, safety & security improvements, as well as marketing and promotion of their business.we enhance the economic vitality of the area through the promotion of local real estate & development opportunities, as well as support of regional economic development initiatives including multimodal transportation improvements. The organization also works to advocate for and convene various industry specific workgroups representing the major industries represented in the airport region such as transportation & logistics, hotel & hospitality, as well as manufacturing. As well as working with industry specific groups, a larger portion of our advocacy and technical support is spent by staff working one-on-one with individual business and commercial property owners, helping them navigate permitting, licensing, code compliance and other technical or administrative proceses when communicating and working with the various levels and departments within local government and other entities of oversite and authority such as the city of milwaukee, milwaukee county, the milwaukee police department and the milwaukee metropolitan sewerage district. In support of the surrounding residential community, the organization also regularly partners with local resident groups and neighborhood associations in the area to support their efforts to beautify the community as well as volunteer and sponsor various community/resident lead events that aim to enhance public safety & security, public art, cultural and seasonal holiday programming and events. In partnership with the south 27th st bid, and the crisol corridor bid, the gateway was successful in getting the addition of 3 lpr cameras approved for installation at various locations within the mpd district 6 geography.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 29
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.8%; rating input score 72
  • Program expense ratio: 73.8%; rating input score 74
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.9; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 47.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -0.5% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 14.7% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 71.8% of revenue deployed · 73.8% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $164K in reported program spending
  • Leadership: top reported pay $105K · 12 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.