Eau Claire Community Complex Inc

Nonprofit profile at a glance

EIN
821163857
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Eau Claire, WI, USA
Phone
7158365630
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Coalitions

Reported finances

Revenue
$13,430,135
Expenses
$8,885,591
Assets
$108,247,038
Liabilities
$95,141,275

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

Leadership & pay

15 people listed

Executive titles in this filing

  • CURT KRIZAN (PRESIDENT/DIRECTOR)
  • KIMERA WAY (PRESIDENT/DIRECTOR (THRU OCT, 2024))
  • KEN ACKERMAN (VICE-PRESIDENT/DIRECTOR)

Highest reported compensation

  • COBY KOHN (TREASURER/SECRETARY): $58,627 total reported compensation

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

Overview

Mission

Eau claire community complex, inc. Was formed to acquire, construct, own, and operate a multi-purpose events and recreation facility, making portions of it available to the university of Wisconsin - eau claire and mayo clinic health system - northwest Wisconsin region, inc., each of which are recognized internal revenue code section 501(c)(3) entities, for their general tax-exempt purposes and programs.

What it reported doing in 2024

Eau claire community complex was formed to acquire, construct, own, and operate a multi-purpose events and recreation facility, making portions of it available to the university of Wisconsin - eau claire and mayo clinic health system - northwest Wisconsin region, inc.; each of which are recognized internal revenue code section 501(c)(3) entities, for their general tax-exempt purposes and programs including: working collaboratively with local partners to assess and address area health needs, and to advance the areas population's health through integrated clinical practice, education, and research; to acquire, construct, operate, maintain, manage, lease, hold, or otherwise deal with real estate and facilities for the use and enjoyment and for the benefit of the university of Wisconsin-eau claire foundation, inc., the university of Wisconsin-eau claire, low to moderate income families, and to broadly promote healthy living through physical exercise, training, and family and community support-oriented experiences; to service the community by providing programming to promote healthy living, youth development, and social responsibility based on core values of caring, respect, responsibility, and honesty.

Operating model

Revenue model
Grant-funded. 62% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.6%; rating input score 63
  • Program expense ratio: 94.5%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 33.8%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 12.18; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.88; rating input score 11; 11th percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 88; 88th percentile among comparable filings

Growth

  • Program expense growth: 66.3% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 50.4% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 46.2% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 62.6% of revenue deployed · 94.5% of spending went to programs
  • Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $8.4M in reported program spending
  • Leadership: top reported pay $59K · 15 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 11/100.