Civic Intelligence

The Midwest Council Inc

EIN 46-0957052 • 501(c)6 • Madison, WI

Profile

To better the business climate in the midwest.

1 S Pinckney St Suite 700Madison, WI 53703-4257

www.themidwestcouncil.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

65th percentile

6.7%

Faster asset growth than 65% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

80%

Faster revenue growth than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$41,321

Up $2,581 (+6.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$41,321

Up $2,581 (+6.7%) from 2019

Operations
Liabilities / Revenue51st percentileNet Margin74th percentile

Revenue

Up

$18,000

Up $8,000 (+80%) from 2019

Expenses

Up

$15,419

Up $4,014 (+35%) from 2019

Net Income

Up

$2,581

Up $3,986 (+284%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2014: $21,445Liabilities 2014: $3692014Assets 2015: $84,121Liabilities 2015: $0Net Assets 2015: $84,1212015Assets 2016: $116,320Liabilities 2016: $0Net Assets 2016: $116,3202016Assets 2017: $24,452Liabilities 2017: $0Net Assets 2017: $24,4522017Assets 2018: $40,145Liabilities 2018: $0Net Assets 2018: $40,1452018Assets 2019: $38,740Liabilities 2019: $0Net Assets 2019: $38,7402019Assets 2020: $41,321Liabilities 2020: $0Net Assets 2020: $41,3212020

Highlighted filing

2020

Assets$41,321
Liabilities$0
Net Assets$41,321
Open 2020 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2014: $33,000Expenses 2014: $55,151Net Income 2014: -$22,1512014Revenue 2015: $119,000Expenses 2015: $55,955Net Income 2015: $63,0452015Revenue 2016: $132,547Expenses 2016: $100,348Net Income 2016: $32,1992016Revenue 2017: $49,900Expenses 2017: $141,768Net Income 2017: -$91,8682017Revenue 2018: $36,634Expenses 2018: $20,941Net Income 2018: $15,6932018Revenue 2019: $10,000Expenses 2019: $11,405Net Income 2019: -$1,4052019Revenue 2020: $18,000Expenses 2020: $15,419Net Income 2020: $2,5812020

Highlighted filing

2020

Revenue$18,000
Expenses$15,419
Net Income$2,581
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,321
Liabilities
$0
Net assets
$41,321
Revenue
$18,000
Expenses
$15,419
Net income
$2,581
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.18$0.15$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.10$0.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.37$0.21$0.16
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.50$1.42$0.92
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.33$1.00$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$1.19$0.56$0.63
2014Summary only. Only limited summary data is available for this year.$0.21$0.00$0.33$0.55$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 4, 2021
Return Version
2020v4.0
Gross Receipts
$18,000
Mission and Program Overview

Mission

To better the business climate in the midwest.

Program Services

DescriptionGrantsExpenses
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS A NONPARTISAN ORGANIZATION THAT (I) PROMOTES ECONOMIC GROWTH IN WISCONSIN, MICHIGAN, MINNESOTA, IOWA, ILLINOIS, INDIANA, OHIO, MISSOURI, KANSAS, NEBRASKA, SOUTH DAKOTA, AND NORTH DAKOTA (THE "MIDEWESTERN REGION"); (II) PROMOTES THE IMPROVEMENT OF BUSINESS CONDITIONS IN THE MIDWESTERN REGION; AND (III) PROMOTES THE COMMON ECONOMIC INTERESTS OF COMMERCIAL ENTERPRISES IN THE MIDWESTERN REGION, ALL WITHIN THE MEANING OF CODE SECTION 501(C)(6). THE CORPORATION WILL PROVIDE LEADERSHIP ON MAJOR ECONOMIC, SOCIAL AND POLITICAL ISSUES TO IMPROVE THE QUALITY OF LIFE IN THE MIDWEST REGION.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE FADNESSAdvisorFT$0--
Filing and Contact Details

Filer

Filer Name
The Midwest Council Inc
EIN
46-0957052
Phone
4145505652
Address
1 S PINCKNEY ST SUITE 700, MADISON, WI 53703-4257

Signing Officer

Name
Joe Fadness
Title
Advisor
Phone
4145505652
Signed
2021-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Betters & Associates Sc
Address
21095 WATERTOWN RD, WAUKESHA, WI 53186-1806
Preparer
Michael P Betters
Phone
2627988160
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 24

“Miscellaneous receivables 32,428 32,428 total 32,428 32,428”

Form 990-ez, Part III, Line 28

“The corporation is organized and shall be operated as a nonpartisan organization that (i) promotes economic growth in wisconsin, michigan, minnesota, iowa, illinois, indiana, ohio, missouri, kansas, nebraska, south dakota, and north dakota (the "midewestern region"); (ii) promotes the improvement of business conditions in the midwestern region; and (iii) promotes the common economic interests of commercial enterprises in the midwestern region, all within the meaning of code section 501(c)(6). The corporation will provide leadership on major economic, social and political issues to improve the quality of life in the midwest region.”

Raw XML Appendix88 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JOE FADNESS
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOE FADNESS
IRS990EZ/BooksInCareOfDetail/PhoneNum04145505652
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 CORRINA BLVD 127
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAUKESHA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053186
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06312
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08893
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02581
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015419
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt038740
IRS990EZ/Form990TotalAssetsGrp/EOYAmt041321
IRS990EZ/GrossReceiptsAmt018000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt018000
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038740
IRS990EZ/NetAssetsOrFundBalancesEOYAmt041321
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038740
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt041321
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOE FADNESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ADVISOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt032428
IRS990EZ/OtherAssetsTotalDetail/EOYAmt032428
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BETTER THE BUSINESS CLIMATE IN THE MIDWEST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS A NONPARTISAN ORGANIZATION THAT (I) PROMOTES ECONOMIC GROWTH IN WISCONSIN, MICHIGAN, MINNESOTA, IOWA, ILLINOIS, INDIANA, OHIO, MISSOURI, KANSAS, NEBRASKA, SOUTH DAKOTA, AND NORTH DAKOTA (THE "MIDEWESTERN REGION"); (II) PROMOTES THE IMPROVEMENT OF BUSINESS CONDITIONS IN THE MIDWESTERN REGION; AND (III) PROMOTES THE COMMON ECONOMIC INTERESTS OF COMMERCIAL ENTERPRISES IN THE MIDWESTERN REGION, ALL WITHIN THE MEANING OF CODE SECTION 501(C)(6). THE CORPORATION WILL PROVIDE LEADERSHIP ON MAJOR ECONOMIC, SOCIAL AND POLITICAL ISSUES TO IMPROVE THE QUALITY OF LIFE IN THE MIDWEST REGION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt015419
IRS990EZ/TotalRevenueAmt018000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THEMIDWESTCOUNCIL.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS RECEIVABLES 32,428 32,428 TOTAL 32,428 32,428
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED AS A NONPARTISAN ORGANIZATION THAT (I) PROMOTES ECONOMIC GROWTH IN WISCONSIN, MICHIGAN, MINNESOTA, IOWA, ILLINOIS, INDIANA, OHIO, MISSOURI, KANSAS, NEBRASKA, SOUTH DAKOTA, AND NORTH DAKOTA (THE "MIDEWESTERN REGION"); (II) PROMOTES THE IMPROVEMENT OF BUSINESS CONDITIONS IN THE MIDWESTERN REGION; AND (III) PROMOTES THE COMMON ECONOMIC INTERESTS OF COMMERCIAL ENTERPRISES IN THE MIDWESTERN REGION, ALL WITHIN THE MEANING OF CODE SECTION 501(C)(6). THE CORPORATION WILL PROVIDE LEADERSHIP ON MAJOR ECONOMIC, SOCIAL AND POLITICAL ISSUES TO IMPROVE THE QUALITY OF LIFE IN THE MIDWEST REGION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE FADNESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ADVISOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04145505652
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MIDWEST COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0460957052
ReturnHeader/Filer/PhoneNum04145505652
ReturnHeader/Filer/USAddress/AddressLine1Txt01 S PINCKNEY ST SUITE 700
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0537034257
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391783820
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BETTERS & ASSOCIATES SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021095 WATERTOWN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKESHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0531861806
ReturnHeader/PreparerPersonGrp/PhoneNum02627988160
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P BETTERS
ReturnHeader/ReturnTs02021-05-06T16:16:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FADNESS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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