SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD INC

EIN: 391451363 501(c)(3) Public & Societal Benefit

PLATTEVILLE, WI

Total Revenue
$6,122,227
Total Expenses
$5,851,889
Total Assets
$2,838,613
Net Assets
$2,084,420
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WI
Principal Officer
RHONDA SUDA
Phone
6083143300
Tax Period
2024-07-01 to 2025-06-30

SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD INC, founded in 1983, is a community nonprofit in the Public & Societal Benefit sector that reported $6.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $5.9M left a modest 4% surplus.

Mission

PROVIDE A COLLABORATIVE TALENT DEVELOPMENT SYSTEM WITHIN THE REGION.

Program Service Accomplishments

Program 1
Expenses: $1,667,915 Revenue: $0

THE FOODSHARE EMPLOYMENT AND TRAINING (FSET) PROGRAM PROVIDES SERVICES TO PREPARE INDIVIDUALS FOR THE WORLD OF WORK WITH THE GOAL THAT THEY MIGHT OBTAIN AND MAINTAIN VIABLE, SELF-SUSTAINING...

Read more

THE FOODSHARE EMPLOYMENT AND TRAINING (FSET) PROGRAM PROVIDES SERVICES TO PREPARE INDIVIDUALS FOR THE WORLD OF WORK WITH THE GOAL THAT THEY MIGHT OBTAIN AND MAINTAIN VIABLE, SELF-SUSTAINING EMPLOYMENT THEREBY ALLOWING THEM TO REMAIN ELIGIBLE FOR THEIR FOOD SHARE BENEFITS OR WEAN THEMSELVES OFF THOSE BENEFITS ENTIRELY. SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD SERVED 1,022 PARTICIPANTS DURING THE YEAR.

Program 2
Expenses: $1,400,289 Revenue: $0

WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) ADULT AND DISLOCATED WORKERS PROGRAMS SEEK TO IMPROVE EMPLOYMENT, RETENTION, AND EARNINGS OF WIOA PARTICIPANTS AND INCREASE THEIR EDUCATIONAL AND...

Read more

WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) ADULT AND DISLOCATED WORKERS PROGRAMS SEEK TO IMPROVE EMPLOYMENT, RETENTION, AND EARNINGS OF WIOA PARTICIPANTS AND INCREASE THEIR EDUCATIONAL AND OCCUPATIONAL SKILL ATTAINMENT, THEREBY IMPROVING THE QUALITY OF THE WORKFORCE, REDUCING WELFARE DEPENDENCY, AND ENHANCING NATIONAL PRODUCTIVITY AND COMPETITIVENESS. YOUTH ACTIVITIES SEEK TO INCREASE THE ATTAINMENT OF BASIC SKILLS, WORK READINESS, OR OCCUPATIONAL SKILLS, AND SECONDARY DIPLOMAS OR OTHER CREDENTIALS. A PERSON IS ELIGIBLE TO RECEIVE SERVICES UNDER YOUTH ACTIVITIES IF THEY ARE BETWEEN THE AGES OF FOURTEEN AND TWENTY-ONE AT THE TIME OF ENROLLMENT AND DEMONSTRATE AT LEAST ONE OF THE FOLLOWING BARRIERS TO EMPLOYMENT: DEFICIENT IN BASIC LITERACY SKILLS, A SCHOOL DROPOUT, HOMELESS, A RUNAWAY, A FOSTER CHILD, PREGNANT OR PARENTING, OFFENDER, OR AN INDIVIDUAL WHO REQUIRES ADDITIONAL ASSISTANCE TO COMPLETE AN EDUCATIONAL PROGRAM OR TO SECURE AND HOLD EMPLOYMENT. SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD SERVED 780 PARTICIPANTS DURING THE YEAR.

Program 3
Expenses: $741,675 Revenue: $0

PATHWAY HOME - PATHWAY HOME PROVIDES ELIGIBLE INCARCERATED INDIVIDUALS IN STATE CORRECTIONAL FACILITIES OR LOCAL OR COUNTY JAILS WITH WORKFORCE SERVICES PRIOR TO RELEASE AND CONTINUES SERVICES AFTER...

Read more

PATHWAY HOME - PATHWAY HOME PROVIDES ELIGIBLE INCARCERATED INDIVIDUALS IN STATE CORRECTIONAL FACILITIES OR LOCAL OR COUNTY JAILS WITH WORKFORCE SERVICES PRIOR TO RELEASE AND CONTINUES SERVICES AFTER RELEASE BY TRANSITIONING THE PARTICIPANTS INTO REENTRY PROGRAMS IN THE COMMUNITIES IN WHICH THEY WILL RETURN. THIS GRANT IS JOB-DRIVEN AND BUILDS CONNECTIONS TO LOCAL EMPLOYERS THAT WILL ENABLE TRANSITIONING OFFENDERS TO SECURE EMPLOYMENT BY ENSURING PARTICIPANTS ARE PREPARED TO MEET THE NEEDS OF THEIR LOCAL LABOR MARKETS WITH THE SKILLS VALUED BY EMPLOYERS. SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD SERVED 465 PARTICIPANTS DURING THE YEAR.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,704,952
Program Service Revenue $356,306
Investment Income $60,969
Other Revenue $0
TOTAL REVENUE $6,122,227

Expense Breakdown

Grants Paid $1,949,575
Salaries & Benefits $3,285,189
Fundraising Expenses $0
Program Expenses $5,300,200
Other Expenses $617,125
TOTAL EXPENSES $5,851,889

Year-over-Year Comparison

2024 2023 Change
Revenue $6,122,227 $6,563,923 -0.1%
Expenses $5,851,889 $6,334,781 -0.1%
Net Income $270,338 $229,142 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
25
Independent Members
25
Employees
163
Volunteers
26

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
$135,974
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIA LAUCK CHAIR 1.00
Officer Director
$0 $0 $0
KEITH KRUSE 1ST VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL WILLIAMS 2ND VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAMES OTTERSTEIN TREASURER 1.00
Officer Director
$0 $0 $0
LISA OMEN SECRETARY 1.00
Officer Director
$0 $0 $0
LINDA HENDRICKSON DIRECTOR 1.00
Director
$0 $0 $0
MARC PERRY DIRECTOR 1.00
Director
$0 $0 $0
JASON AARUD DIRECTOR 1.00
Director
$0 $0 $0
IVAN COLLINS DIRECTOR 1.00
Director
$0 $0 $0
ADRIENNE WEBER DIRECTOR 1.00
Director
$0 $0 $0
HEATHER FIFRICK DIRECTOR 1.00
Director
$0 $0 $0
JILL LIEGEL DIRECTOR 1.00
Director
$0 $0 $0
ELA KAKDE DIRECTOR 1.00
Director
$0 $0 $0
TROY MARX DIRECTOR 1.00
Director
$0 $0 $0
TRACY PIERNER DIRECTOR 1.00
Director
$0 $0 $0
GEOFF FRICKE DIRECTOR 1.00
Director
$0 $0 $0
WAYLON GROSS DIRECTOR 1.00
Director
$0 $0 $0
DAVID SHAW DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY LANTTA DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SIMON DIRECTOR 1.00
Director
$0 $0 $0
ANDREW MARCOTTE DIRECTOR 1.00
Director
$0 $0 $0
JOHN MEYERS DIRECTOR 1.00
Director
$0 $0 $0
AMY SANTAS DIRECTOR (THRU MAY) 1.00
Director
$0 $0 $0
KENDAL GARRISON DIRECTOR 1.00
Director
$0 $0 $0
BRIAN TOUTANT DIRECTOR 1.00
Director
$0 $0 $0
JASON MURRAY DIRECTOR (FROM MAY) 1.00
Director
$0 $0 $0
RHONDA SUDA CHIEF EXECUTIVE OFFICER 40.00
Officer
$95,627 $40,347 $135,974
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 $6,122,227 $5,851,889 $2,838,613 $270,338
2024 $6,563,923 $6,334,781 $2,741,765 $229,142
2023 $7,393,916 $7,158,283 $2,911,175 $235,633
2022 $5,444,761 $5,242,943 $2,202,636 $201,818
2021 $4,473,102 $4,317,618 $1,656,815 $155,484
2020 $4,538,432 $4,406,423 $1,517,408 $132,009
2019 $4,253,630 $4,146,754 $1,393,878 $106,876
2018 $3,973,192 $3,834,656 $1,378,582 $138,536
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTHWEST WISCONSIN WORKFORCE DEVELOPMENT BOARD INC with other nonprofits in Wisconsin and across the country.