LEGAL AID SOCIETY OF MILWAUKEE INC

EIN: 390806284 501(c)(3) Crime & Legal

MILWAUKEE, WI

Total Revenue
$5,678,286
Total Expenses
$5,346,241
Total Assets
$6,859,658
Net Assets
$6,663,003
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
WI
Principal Officer
PETER J STONE
Phone
4147275300
Tax Period
2024-01-01 to 2024-12-31

LEGAL AID SOCIETY OF MILWAUKEE INC, founded in 1916, is a community nonprofit in the Crime & Legal sector that reported $5.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $5.3M left a modest 6% surplus.

Mission

PROVIDE FREE LEGAL SERVICES TO INDIVIDUALS IN THE MILWAUKEE AREA WHO ARE FINANCIALLY UNABLE TO PAY FOR SUCH SERVICES.

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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 $5,486,183
Program Service Revenue $0
Investment Income $170,584
Other Revenue $21,519
TOTAL REVENUE $5,678,286

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,858,467
Fundraising Expenses $48,360
Program Expenses $4,906,274
Other Expenses $487,774
TOTAL EXPENSES $5,346,241

Year-over-Year Comparison

2024 2023 Change
Revenue $5,678,286 $6,041,037 -0.1%
Expenses $5,346,241 $5,496,448 0.0%
Net Income $332,045 $544,589 -0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
72
Volunteers
16

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
4
$175,423
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLIN LOONEY MEMBER 1.00
Director
$0 $0 $0
S DANIELLE WHITE MEMBER 1.00
Director
$0 $0 $0
TIMOTHY S TRECEK MEMBER 1.00
Director
$0 $0 $0
GUY R TEMPLE MEMBER 1.00
Director
$0 $0 $0
S EDWARD SARSKAS MEMBER 1.00
Director
$0 $0 $0
NORA M PLATT MEMBER 1.00
Director
$0 $0 $0
KRISTIN OCCHETTI MEMBER 1.00
Director
$0 $0 $0
PATRICK DUNPHY MEMBER 1.00
Director
$0 $0 $0
PETER J STONE PRESIDENT 1.00
Officer Director
$0 $0 $0
LOUIS B BUTLER MEMBER 1.00
Director
$0 $0 $0
SEAN O BOSACK MEMBER 1.00
Director
$0 $0 $0
SUNELLA JONES ASH MEMBER 1.00
Director
$0 $0 $0
ANTHONY ANZELMO MEMBER 1.00
Director
$0 $0 $0
DANIEL D BLINKA SECRETARY 1.00
Officer Director
$0 $0 $0
STACEY C GERBER WARD VP - FINANCE 1.00
Officer Director
$0 $0 $0
JOSHUA GIMBEL MEMBER 1.00
Director
$0 $0 $0
COLLEEN FOLEY EXECUTIVE DIRECTOR 40.00
Officer
$173,188 $2,235 $175,423
NICHOLAS TOMAN MANAGING ATTORNEY 40.00
Highest
$104,303 $1,859 $106,162
ANNE ABELL OLSON MANAGING ATTORNEY 40.00
Highest
$103,347 $1,689 $105,036
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 $5,678,286 $5,346,241 $6,859,658 $332,045
2023 $6,041,037 $5,496,448 $6,451,525 $544,589
2022 $5,655,310 $5,172,192 $6,356,783 $483,118
2021 $4,063,190 $3,784,133 $5,196,321 $279,057
2020 $4,496,762 $3,630,280 $4,580,755 $866,482
2019 $3,441,991 $3,532,283 $3,465,125 $-90,292
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