Skip to main content

Nonprofit · EIN 23-7175702

INTERCHANGE INC

Tax-exempt · MILWAUKEE, WI 53202

Financials

$1.1M$1.2M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of INTERCHANGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,225,061$1,164,636$60,425$421,727$6,146$415,581
December 31, 2023990$1,123,502$1,166,526-$43,024$374,177$19,021$355,156
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,219,471
of which government grants
$103,461
Program service revenue
$0
Investment income
$5,590
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$60,745
Other salaries and wages
$53,690
Salaries, compensation and benefits (total)
$123,479
Professional fundraising fees
$0
Accounting fees
$3,983
Occupancy
$10,743
Depreciation
$24,397
Program services (functional)
$1,069,207
Management and general (functional)
$51,072
Fundraising (functional)
$44,357

Balance sheet and other

Total assets, start of year
$374,177
Total assets, end of year
$421,727
Total liabilities, end of year
$6,146
Net assets, end of year
$415,581
Land, buildings and equipment
$61,571
Net assets without donor restrictions
$307,771
Net assets with donor restrictions
$107,810
Gross receipts
$1,225,061
Employees
4
Volunteers
735
Year formed
2003
State of legal domicile
WI

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GEORGE NEUREUTHEREXECUTIVE DIRECTOR
Officer
40$60,745
TIM OTTMANPRESIDENT
Trustee or director, Officer
3$0
ALLYSON NEMECPAST PRESIDENT
Trustee or director, Officer
3$0
BETH BRUCHSECRETARY
Trustee or director, Officer
3$0
SCOTT SILETTREASURER
Trustee or director, Officer
3$0
PASTOR JOY GALLMONDIRECTOR
Trustee or director
3$0
LIN MCCRACKENDIRECTOR
Trustee or director
3$0
ROBERT SCHULTZDIRECTOR
Trustee or director
3$0
MARK RUEDINGERROTATED OFF BOARD IN 2024
Trustee or director
3$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
GEORGE NEUREUTHEREXECUTIVE DIRECTOR
Officer
40$61,000$321
ALLYSON NEMECPRESIDENT
Trustee or director, Officer
3$0$0
ROBERT SCHULTZVICE PRESIDENT
Trustee or director, Officer
3$0$0
BETH BRUCHSECRETARY
Trustee or director, Officer
3$0$0
PASTOR JOY GALLMONDIRECTOR
Trustee or director
3$0$0
LIN MCCRACKENDIRECTOR
Trustee or director
3$0$0
TIM OTTMANDIRECTOR
Trustee or director
3$0$0
MARK RUEDINGERDIRECTOR
Trustee or director
3$0$0
SCOTT SILETDIRECTOR
Trustee or director
3$0$0
ROBERT ATERROTATED OFF BOARD IN 2023
Trustee or director
3$0$0
JACK JUGHESROTATED OFF BOARD IN 2023
Trustee or director
3$0$0
PASTOR LISA BATES FROILANDROTATED OFF BOARD IN 2023
Trustee or director
3$0$0
DAWN CHAPMANROTATED OFF BOARD IN 2023
Trustee or director
3$0$0
LEE COPPERNOLLROTATED OFF BOARD IN 2023
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
1105 N WAVERLY PL, MILWAUKEE, WI 53202-3428
Principal officer (990 for 2024)
SCOTT SILET, 130 E JUNEAU, MILWAUKEE, WI 53202
Signed the 990
SCOTT A SILET, TREASURER
Phone
(414) 276-0988
Return prepared by
Krause & Associates SC

Mission

Provide emergency food assistance to needy individuals in Milwaukee.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide emergency food assistance to needy individuals in Milwaukee. The pantry has one permanent location and is open four times each week.
    Expenses $1,069,207

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7175702
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$421,727
Income (IRS master file)
$1,225,061

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,225,061$1,164,636$421,727IRS
990December 2023$1,123,502$1,166,526$374,177XML
990December 2022$1,014,681$916,253$399,223IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7175702).

Questions about INTERCHANGE INC

What is the EIN of INTERCHANGE INC?
The employer identification number (EIN) of INTERCHANGE INC is 23-7175702.
Is INTERCHANGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to INTERCHANGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INTERCHANGE 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 INTERCHANGE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INTERCHANGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INTERCHANGE INC?
The 990 for the year ended December 31, 2024 names SCOTT SILET.
Who are the officers and directors of INTERCHANGE INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $60,745 (GEORGE NEUREUTHER, EXECUTIVE DIRECTOR).
How much revenue does INTERCHANGE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,225,061, expenses of $1,164,636 and total assets of $421,727 at year end.

Other nonprofits in MILWAUKEE

All nonprofits in MILWAUKEE · Wisconsin · Food, agriculture and nutrition