Civic Intelligence

Wesco Industries Foundation

990EZ • Fiscal year 2018 • EIN 20-8136703

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 23, 2019

Organization ProfileN/A
C/O James D Lohman PO Box 248Denison, IA 51442

(712) 263-4627

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

26th percentile

-8.2%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

41st percentile

-2.2%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

39th percentile

-5.7%

Faster revenue growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$59,209

Down $1,343 (-2.2%) from 2017

Net Assets

Down

$59,209

Down $1,343 (-2.2%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin26th percentile

Revenue

Down

$16,313

Down $987 (-5.7%) from 2017

Expenses

Down

$17,656

Down $8,815 (-33%) from 2017

Net Income

Up

-$1,343

Up $7,828 (+85%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $58,049Net Assets 2010: $58,0492010Assets 2011: $47,397Net Assets 2011: $47,3972011Assets 2012: $55,128Net Assets 2012: $55,1282012Assets 2013: $85,106Net Assets 2013: $85,1062013Assets 2014: $70,441Net Assets 2014: $70,4412014Assets 2015: $62,336Net Assets 2015: $62,3362015Assets 2016: $69,723Net Assets 2016: $69,7232016Assets 2017: $60,552Net Assets 2017: $60,5522017Assets 2018: $59,209Net Assets 2018: $59,2092018Assets 2019: $52,113Net Assets 2019: $52,1132019Assets 2020: $37,459Net Assets 2020: $37,4592020Assets 2021: $50,107Net Assets 2021: $50,1072021Assets 2022: $146,866Net Assets 2022: $146,8662022Assets 2023: $132,143Net Assets 2023: $132,1432023Assets 2024: $112,576Liabilities 2024: $0Net Assets 2024: $112,5762024

Highlighted filing

2018

Assets$59,209
Liabilities-
Net Assets$59,209
Open 2018 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $25,227Expenses 2010: $4,045Net Income 2010: $21,1822010Revenue 2011: $14,773Expenses 2011: $6,253Net Income 2011: $8,5202011Revenue 2012: $22,067Expenses 2012: $7,973Net Income 2012: $14,0942012Revenue 2013: $40,496Expenses 2013: $10,518Net Income 2013: $29,9782013Revenue 2014: $34,323Expenses 2014: $48,988Net Income 2014: -$14,6652014Revenue 2015: $17,771Expenses 2015: $25,876Net Income 2015: -$8,1052015Revenue 2016: $18,323Expenses 2016: $10,936Net Income 2016: $7,3872016Revenue 2017: $17,300Expenses 2017: $26,471Net Income 2017: -$9,1712017Revenue 2018: $16,313Expenses 2018: $17,656Net Income 2018: -$1,3432018Revenue 2019: $27,000Expenses 2019: $17,657Net Income 2019: $9,3432019Revenue 2020: $15,671Expenses 2020: $30,325Net Income 2020: -$14,6542020Revenue 2021: $18,250Expenses 2021: $5,507Net Income 2021: $12,7432021Revenue 2022: $78,675Expenses 2022: $18,984Net Income 2022: $59,6912022Revenue 2023: $30,331Expenses 2023: $8,082Net Income 2023: $22,2492023Revenue 2024: $15,289Expenses 2024: $35,410Net Income 2024: -$20,1212024

Highlighted filing

2018

Revenue$16,313
Expenses$17,656
Net Income-$1,343
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 23, 2019
Return Version
2018v3.1
Gross Receipts
$16,313
Mission and Program Overview

Mission

The purpose of this corporation is to provide support for wesco industries by increasing funding for projects that will enhance the quality of life for persons with disabilities.

Program Services

DescriptionGrantsExpenses
The foundation established a respite center to be used for mostly disabled children. This program allows for children to play, watch tv, snacks, etc. and be cared for giving the parents time away from demands of raising a disabled child.$6,101-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DALE WIGHTPresident & CEO-$0--
DAVE WIGESDirector-$0--
TERRI FORDDirector-$0--
BERNEIL PREULSecretary-$0--
JEFF FREHSEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wesco Industries Foundation
EIN
20-8136703
Phone
7122634627
Address
C/O JAMES D LOHMAN PO BOX 248, DENISON, IA 51442

Signing Officer

Name
Dale Wight
Title
President
Phone
7122636141
Signed
2019-04-23
Discuss with paid preparer
Yes

Preparer

Firm
Reimer Lohman & Reitz
Address
25 South Main, Denison, IA 51442
Preparer
James D Lohman
Phone
7122634627
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

“Class of Activity: DONATION | Donee's Name: WESCO | Donee's Address: 415 S 11TH ST DENISON IA 51442 | Relationship of Donee: N/A | Description of Property: 2017 3500 CHEVY VAN | Date of Gift: 20180701 | Fair Market Value: $11555 | Method Used to Determine FMV: purchase”

Other Expenses.1

“Majestic hills - golf fund rai $6101”

Other Assets.1

“ADJ ASSETS OWNED BY WESCO - Beginning $16439 ADJ ASSETS OWNED BY WESCO - Ending $0”

Raw XML Appendix150 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0STARLA WEBB
IRS990EZ/BooksInCareOfDetail/PhoneNum07122636141
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0415 S 11TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DENISON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd051442
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018750
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017409
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016313
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-1343
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt011555
IRS990EZ/GrossReceiptsAmt016313
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt025363
IRS990EZ/LandAndBuildingsGrp/EOYAmt025363
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DALE WIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVE WIGES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TERRI FORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BERNEIL PREUL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFF FREHSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt016439
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016437
IRS990EZ/OtherExpensesTotalAmt06101
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THIS CORPORATION IS TO PROVIDE SUPPORT FOR WESCO INDUSTRIES BY INCREASING FUNDING FOR PROJECTS THAT WILL ENHANCE THE QUALITY OF LIFE FOR PERSONS WITH DISABILITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The foundation established a respite center to be used for mostly disabled children. This program allows for children to play, watch tv, snacks, etc. and be cared for giving the parents time away from demands of raising a disabled child.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06101
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017656
IRS990EZ/TotalProgramServiceExpensesAmt06101
IRS990EZ/TotalRevenueAmt016313
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0426098004
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0WESCO INDUSTRIES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION | Donee's Name: WESCO | Donee's Address: 415 S 11TH ST DENISON IA 51442 | Relationship of Donee: N/A | Description of Property: 2017 3500 CHEVY VAN | Date of Gift: 20180701 | Fair Market Value: $11555 | Method Used to Determine FMV: purchase
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MAJESTIC HILLS - GOLF FUND RAI $6101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADJ ASSETS OWNED BY WESCO - Beginning $16439 ADJ ASSETS OWNED BY WESCO - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DALE WIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07122636141
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESCO INDUSTRIES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WESC
ReturnHeader/Filer/EIN0208136703
ReturnHeader/Filer/PhoneNum07122634627
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O JAMES D LOHMAN PO BOX 248
ReturnHeader/Filer/USAddress/CityNm0DENISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051442
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420948355
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Reimer Lohman & Reitz
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025 South Main
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Denison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd051442
ReturnHeader/PreparerPersonGrp/PhoneNum07122634627
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES D LOHMAN
ReturnHeader/ReturnTs02019-04-23T08:12:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,209
Liabilities
-
Net assets
$59,209
Revenue
$16,313
Expenses
$17,656
Net income
-$1,343
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.15$0.35$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.30$0.08$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.47$1.47$0.79$0.19$0.60
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.18$0.06$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.16$0.30$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.52$0.27$0.18$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.16$0.18$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.61$0.17$0.26$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.18$0.11$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.62$0.18$0.26$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.34$0.49$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.85$0.85$0.40$0.11$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.55$0.22$0.08$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.47$0.15$0.06$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.58$0.25$0.04$0.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits