CHIPPEWA COUNTY HISTORICAL SOCIETY INC

EIN: 237108082 501(c)(3)

CHIPPEWA FALLS, WI

Total Revenue
$91,773
Total Expenses
$4,577,411
Total Assets
$504,938
Net Assets
$501,791
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
WI
Principal Officer
DAVID RAIHLE Jr
Phone
7152261049
Tax Period
2024-01-01 to 2024-12-31

CHIPPEWA COUNTY HISTORICAL SOCIETY INC, founded in 1971, is a micro nonprofit that reported $92K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 4888% operating deficit.

Mission

HISTORICAL PRESERVATION OF ARTIFACTS FROM THE CHIPPEWA VALLEY.

Program Service Accomplishments

Program 1
Expenses: $4,577,411 Revenue: $8,840

PRESERVES AND MAINTAINS CHIPPEWA COUNTY HISTORICAL ARTIFACTS AND PROMOTE EDUCATION AND RESEARCH TO BOTH THE PUBLIC AND SCHOOL CHILDREN THROUGH ITS LIBRARY, TOURS, AND EXHIBITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,636
Program Service Revenue $8,840
Investment Income $1,059
Other Revenue $2,238
TOTAL REVENUE $91,773

Expense Breakdown

Grants Paid $4,513,881
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,577,411
Other Expenses $63,530
TOTAL EXPENSES $4,577,411

Year-over-Year Comparison

2024 2023 Change
Revenue $91,773 $226,699 -0.6%
Expenses $4,577,411 $224,708 +19.4%
Net Income $-4,485,638 $1,991 -2254.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE GORDON DIRECTOR 0.00
Director
$0 $0 $0
JAMES SCHUH DIRECTOR 0.00
Director
$0 $0 $0
MARY ERICKSON DIRECTOR 0.00
Director
$0 $0 $0
DONNA BOURGET DIRECTOR 0.00
Director
$0 $0 $0
DAVID RAIHLE Jr PRESIDENT 0.00
Officer Director
$0 $0 $0
JIM LINDBERG DIRECTOR 0.00
Director
$0 $0 $0
DIANE HOPKINS WHELAN DIRECTOR 0.00
Director
$0 $0 $0
DEBORAH SMITH DIRECTOR 0.00
Director
$0 $0 $0
JAYNE BOWE CORRESPONDING SECRETARY 0.00
Officer Director
$0 $0 $0
GAIL BENSON RECORDING SECRETARY 0.00
Officer Director
$0 $0 $0
KEITH JONES VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
RICK BOWE TRESURER 0.00
Officer Director
$0 $0 $0
KIP RUBENZER DIRECTOR 0.00
Director
$0 $0 $0
SALLY YOUNG DIRECTOR 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $91,773 $4,577,411 $504,938 $-4,485,638
2023 $226,699 $224,708 $5,114,075 $1,991
2022 $725,161 $198,958 $5,066,175 $526,203
2021 $1,291,637 $106,155 $4,775,193 $1,185,482
2020 $687,466 $94,425 $4,139,319 $593,041
2019 $935,821 $65,899 $2,803,254 $869,922
2018 $481,716 $43,297 $2,067,243 $438,419
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