NORTHWEST WISCONSIN WORKFORCE INVESTMENT BOARD INC

EIN: 392021280 501(c)(3) Public & Societal Benefit

ASHLAND, WI

Total Revenue
$1,757,366
Total Expenses
$1,742,238
Total Assets
$249,795
Net Assets
$93,933
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WI
Principal Officer
MARI KAY-NABOZNY
Phone
7156851425
Tax Period
2024-07-01 to 2025-06-30

NORTHWEST WISCONSIN WORKFORCE INVESTMENT BOARD INC, founded in 2001, is a community nonprofit in the Public & Societal Benefit sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

TO CARRY ON THE BUSINESS OF PROVIDING WORKFORCE INNOVATION AND OPPORTUNITY ACT ACTIVITIES THAT INCREASE THE EMPLOYMENT, RETENTION, AND EARNINGS OF PARTICIPANTS. INCREASE OCCUPATIONAL SKILL ATTAINMENT BY PARTICIPANTS, AND AS A RESULT, IMPROVE THE QUALITY OF THE WORKFORCE AND, TO REDUCE WELFARE DEPENDENCY AND ENHANCE THE PRODUCTIVITY AND COMPETITIVENESS OF NORTHWEST WISCONSIN.

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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 $1,619,561
Program Service Revenue $118,562
Investment Income $0
Other Revenue $19,243
TOTAL REVENUE $1,757,366

Expense Breakdown

Grants Paid $614,914
Salaries & Benefits $823,995
Fundraising Expenses $0
Program Expenses $1,592,648
Other Expenses $303,329
TOTAL EXPENSES $1,742,238

Year-over-Year Comparison

2024 2023 Change
Revenue $1,757,366 $2,368,906 -0.3%
Expenses $1,742,238 $2,368,128 -0.3%
Net Income $15,128 $778 +18.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
25
Independent Members
25
Employees
15
Volunteers
25

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
$109,158
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY ASPLING CHAIRPERSON 2.00
Officer Director
$0 $0 $0
DALE KELM VICE-CHAIRPERSON/CHAIR-ELECT 2.00
Officer Director
$0 $0 $0
CRYSTAL RHODE TREASURER/SECRETARY 2.00
Officer Director
$0 $0 $0
ANDREA CHARTIER DIRECTOR 1.00
Director
$0 $0 $0
SKYLER DURAL-EDER DIRECTOR 1.00
Director
$0 $0 $0
TAMARA FOLLET DIRECTOR 1.00
Director
$0 $0 $0
BRAD GAST DIRECTOR 1.00
Director
$0 $0 $0
EDWARD GRUHL DIRECTOR 1.00
Director
$0 $0 $0
BRENT HARJU DIRECTOR 1.00
Director
$0 $0 $0
MICHELE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
MARY MCPHETRIDGE DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY MOORE DIRECTOR 1.00
Director
$0 $0 $0
ELAINE OLGILVIE DIRECTOR 1.00
Director
$0 $0 $0
PC RASMUSSEN DIRECTOR 1.00
Director
$0 $0 $0
CINDY ROUZER DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SHEARER DIRECTOR 1.00
Director
$0 $0 $0
MARY SILLS DIRECTOR 1.00
Director
$0 $0 $0
GENE STANCHFIELD DIRECTOR 1.00
Director
$0 $0 $0
CARL SVENDSEN DIRECTOR 1.00
Director
$0 $0 $0
STEVE BITZER DIRECTOR 1.00
Director
$0 $0 $0
BAMBI PATTERMANN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS DRAGHI DIRECTOR 1.00
Director
$0 $0 $0
KERRI TRUBACHIK DIRECTOR 1.00
Director
$0 $0 $0
KRISTINE PORTER DIRECTOR 1.00
Director
$0 $0 $0
DR RUSSELL SWAGGER DIRECTOR 1.00
Director
$0 $0 $0
MARI KAY-NABOZNY CHIEF EXECUTIVE OFFICER 40.00
Officer
$109,158 $0 $109,158
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 $1,757,366 $1,742,238 $249,795 $15,128
2024 $2,368,906 $2,368,128 $369,695 $778
2023 $2,750,568 $2,759,658 $359,652 $-9,090
2022 $1,341,214 $1,329,641 $182,049 $11,573
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