Nonprofit · EIN 23-7097343
INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC
Tax-exempt · JANESVILLE, WI 53545
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $142,460 | $151,805 | -$9,345 | $83,420 | $0 | $83,420 |
| June 30, 2024 | 990-EZ | $154,441 | $145,526 | $8,915 | $92,765 | $0 | $92,765 |
| June 30, 2023 | 990-EZ | $141,879 | $135,021 | $6,858 | $83,850 | $0 | $83,850 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Membership dues
- $45,500
- Program service revenue
- $96,960
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $101,244
- Printing, publications and postage
- $117
- Other expenses
- $50,444
Balance sheet and other
- Total assets, start of year
- $92,765
- Total assets, end of year
- $83,420
- Total liabilities, end of year
- $0
- Net assets, end of year
- $83,420
- Cash, savings and investments
- $82,840
- Gross receipts
- $142,460
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDY OLIVER | PRESIDENT | 1 | $0 |
| TONY PALMEN | TREASURER/DIRECTOR | 2 | $0 |
| SCOTT HIRSCHFELD | SECRETARY/DIRECTOR | 1 | $0 |
| SCOTT SEROKA | DIR/ PAST PRESIDENT(THRU 7/1/24) | 1 | $0 |
| ANN BARRY HANNEMAN | DIRECTOR | 1 | $0 |
| TOM PARKS | DIRECTOR | 1 | $0 |
| JOHN WEBER | DIRECTOR | 1 | $0 |
| MIKE POLUDNIAK | DIRECTOR | 1 | $0 |
| JAY CRAIG | DIRECTOR | 1 | $0 |
| JIM LEEF | DIRECTOR | 1 | $0 |
| BOB GROSS | DIRECTOR | 1 | $0 |
| LISA MAUER | DIRECTOR | 1 | $0 |
990-EZ for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN BARRY HANNEMAN | PRESIDENT | 1 | $0 |
| ANDY OLIVER | PRESIDENT | 0 | $0 |
| TONY PALMEN | TREASURER | 0 | $0 |
| SCOTT SEROKA | DIRECTOR / PAST PRESIDENT | 0 | $0 |
| TOM PARKS | DIRECTOR | 0 | $0 |
| JOHN WEBER | DIRECTOR | 0 | $0 |
| MIKE POLUDNIAK | DIRECTOR | 0 | $0 |
| JAY CRAIG | DIRECTOR | 0 | $0 |
| AL LEIDINGER | DIRECTOR | 0 | $0 |
| JIM LEEF | DIRECTOR | 0 | $0 |
| BOB GROSS | DIRECTOR | 0 | $0 |
| SCOTT HIRSCHFELD | SECRETARY/DIRECTOR | 0 | $0 |
990-EZ for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN BARRY HANNEMAN | PRESIDENT | 1 | $0 |
| ANDY OLIVER | SECRETARY | 0 | $0 |
| TONY PALMEN | TREASURER | 0 | $0 |
| SCOTT SEROKA | DIRECTOR / PRESIDENT ELECT | 0 | $0 |
| TOM PARKS | DIRECTOR | 0 | $0 |
| JOHN WEBER | DIRECTOR | 0 | $0 |
| MIKE POLUDNIAK | DIRECTOR | 0 | $0 |
| JAY CRAIG | DIRECTOR | 0 | $0 |
| AL LEIDINGER | DIRECTOR | 0 | $0 |
| JIM LEEF | DIRECTOR | 0 | $0 |
| BOB GROSS | DIRECTOR | 0 | $0 |
| SCOTT HIRSCHFELD | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1818 MILTON AVE STE 100, JANESVILLE, WI 53545-1157
- In care of
- % SCHWARTZER MGMT
- Signed the 990-EZ
- ANTHONY PALMEN, TREASURER
- Phone
- (262) 844-0333
- Website
- WWW.IBAW.COM
- Return prepared by
- SIKICH LLC
Mission
THE MISSION OF THE INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN, INC. IS TO EMPOWER ITS MEMBERS TO PROMOTE SMALL BUSINESS THROUGH ADVOCACY, EDUCATION, AND NETWORKING.
Program accomplishments
- MONTHLY SCHEDULED PROGRAMS (BREAKFAST MEETINGS) ARE THE INSIGHTFUL PROGRAMS TO THE MEMBERS, WHICH ARE DESIGNED TO EDUCATE MEMBERS, ATTRACT NEW MEMBERS, AND TO CREATE AN ATOMSPHERE OF PROFESSIONAL NETWORKING FOR THE MEMBERS AND THEIR GUESTS.
- SOCIAL NETWORKING EVENTS - ADDITIONAL EVENTS PROVIDED TO THE MEMBERSHIP TO CREATE MEANINGFUL BUSINESS RELATIONSHIPS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-7097343
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $83,420
- Income (IRS master file)
- $142,460
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $142,460 | $151,805 | $83,420 | IRS |
| 990-EZ | June 2024 | $154,441 | $145,526 | $92,765 | IRS |
| 990-EZ | June 2023 | $141,879 | $135,021 | $83,850 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7097343).
Questions about INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC
- What is the EIN of INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC?
- The employer identification number (EIN) of INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC is 23-7097343.
- Is INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1971.
- Are donations to INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC?
- The 990-EZ for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does INDEPENDENT BUSINESS ASSOCIATION OF WISCONSIN INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $142,460, expenses of $151,805 and total assets of $83,420 at year end.
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