Waukesha County Business Alliance Inc
Nonprofit profile at a glance
- EIN
- 390689805
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Waukesha, WI, USA
- Phone
- 2625424249
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,901,593
- Expenses
- $1,819,902
- Assets
- $2,189,670
- Liabilities
- $1,295,517
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- SUZANNE KELLEY THRU 063024 (PRESIDENT & CEO)
- AMANDA PAYNE AS OF 070124 (PRESIDENT & CEO)
Highest reported compensation
- SUSAN PEDERSEN (SVP FINANCE & OPERATIONS): $164,764 total reported compensation
- SUZANNE KELLEY THRU 063024 (PRESIDENT & CEO): $125,331 total reported compensation
- AMANDA PAYNE AS OF 070124 (PRESIDENT & CEO): $88,275 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The waukesha county business alliance's mission is to drive economic growth in waukesha county by fostering a vibrant business community through four key pillars: advocate, develop, engage, and grow.
What it reported doing in 2024
One of the major concerns we hear from the business community is a lack of workforce. In a recent survey, over 70 percent of businesses in waukesha county reported finding a skilled workforce to be a priimary challenge in maintaining and growing their business. We are working to address the labor shortage to ensure that businesses have enough employees and citizens have access to jobs with family-sustaining wages. We have created employer collaboratives focused on our high-demand industries of manufacturing, construction, and healthcare to ensure our businesses have a voice in the process and we are coming up with solutions. Within those collaboratives we are focused on a comprehensive workforce development strategy to attract, develop, and retain talent. The waukesha county business alliance provides programming to inform students, educators, and parents about career pathways available in waukesha county driver industries.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 89
- Accountability: 91
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 20.8%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.8% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 28 of 28 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $165K · 31 people listed · 5 of 6 pay-setting controls reported
- Consistency: 10 of 10 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 14/100.