MILWAUKEE COUNTY WAR MEMORIAL INC

EIN: 390985297 501(c)(3) Arts, Culture & Humanities

MILWAUKEE, WI

Total Revenue
$2,306,991
Total Expenses
$2,420,130
Total Assets
$13,542,112
Net Assets
$13,209,461
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
WI
Principal Officer
CO NGUYEN
Phone
4142735533
Tax Period
2024-01-01 to 2024-12-31

MILWAUKEE COUNTY WAR MEMORIAL INC, founded in 1944, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Net assets of $13.2M represent 69 months of operating reserves.

Mission

TO ESTABLISH & MAINTAIN A PERMANENT MEMORIAL FOR THE RESIDENTS OF MILWAUKEE COUNTY WHO WERE OR ARE MEMBERS OF THE ARMED FORCES OF THE UNITED STATES OF AMERICA PARTICIPATING, OR WHO PARTICIPATED, IN ANY WAR, INCLUDING THE STUDY & ADOPTION OF PLANS THEREFORE, THE ERECTION & OPERATION & MAINTENANCE OF MONUMENTS, SUITABLE BUILDINGS, EDIFICES & GROUNDS AS MEMORIALS.

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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 $1,264,540
Program Service Revenue $0
Investment Income $86,382
Other Revenue $956,069
TOTAL REVENUE $2,306,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $899,780
Fundraising Expenses $266,121
Program Expenses $1,847,074
Other Expenses $1,400,350
TOTAL EXPENSES $2,420,130

Year-over-Year Comparison

2024 2023 Change
Revenue $2,306,991 $2,521,383 -0.1%
Expenses $2,420,130 $2,252,154 +0.1%
Net Income $-113,139 $269,229 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
16
Volunteers
1000

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
6
$251,947
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES A GORDON CHAIRMAN 8.00
Officer Director
$0 $0 $0
MARY B READ VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
MICHAEL B KOSZUTA SECRETARY 3.00
Officer Director
$0 $0 $0
MICHAEL C GIBSON TREASURER 2.00
Officer Director
$0 $0 $0
MICHAEL W GREBE IMMEDIATE PAST CHAIRMAN 8.00
Director
$0 $0 $0
CANDEE S ARNDT TRUSTEE 1.00
Director
$0 $0 $0
BERDIE COWSER TRUSTEE 1.00
Director
$0 $0 $0
JOSHUA DAVIS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT M GARVIN TRUSTEE 1.00
Director
$0 $0 $0
GEORGE J GASPAR TRUSTEE 1.20
Director
$0 $0 $0
EUGENE MANZANET TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY MARKS TRUSTEE 0.10
Director
$0 $0 $0
CO NGUYEN TRUSTEE 1.00
Director
$0 $0 $0
RAY PASBRIG TRUSTEE (THRU MAR 2024) 1.00
Director
$0 $0 $0
JEAN RUKA TRUSTEE 1.00
Director
$0 $0 $0
JOHN WEISHAN JR TRUSTEE (THRU JULY 2024) 1.00
Director
$0 $0 $0
LAURIEANN KILDEGAARD VP OF FINANCE & ADMINISTRATION 45.00
Officer
$114,540 $28,397 $142,937
DANIEL W BUTTERY PRESIDENT & CEO (THRU NOV 2024) 35.00
Officer
$103,505 $5,505 $109,010
VICKI CHAPPELL VP OF PHILANTHROPY 45.00
Highest
$106,970 $38,092 $145,062
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
2025 No data No data No data No data
2024 $2,306,991 $2,420,130 $13,542,112 $-113,139
2023 $2,521,383 $2,252,154 $13,634,370 $269,229
2022 $2,438,185 $2,490,190 $13,344,459 $-52,005
2021 $1,963,801 $2,156,778 $13,376,717 $-192,977
2020 $2,406,675 $2,769,152 $14,315,972 $-362,477
2019 $2,039,522 $2,136,722 $14,019,306 $-97,200
2018 $1,902,400 $2,072,075 $14,080,613 $-169,675
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