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Nonprofit · EIN 39-1141037

IMPACT SEVEN INCORPORATED

Tax-exempt · RICE LAKE, WI 54868

Financials

$22.9M$11.8M2023$27.7M$11M2024
Revenue Expenses · by fiscal year end
Financials of IMPACT SEVEN INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,745,903$10,995,620$16,750,283$177,778,706$39,094,976$138,683,730
December 31, 2023990$22,872,292$11,763,918$11,108,374$171,598,284$49,664,837$121,933,447
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$25,977,200
Investment income
$1,768,703
Net gain from sales of assets
$263,664
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$533,521
Other salaries and wages
$5,497,985
Salaries, compensation and benefits (total)
$6,955,821
Professional fundraising fees
$0
Legal fees
$5,023
Occupancy
$253,592
Travel
$95,518
Depreciation
$704,333
Program services (functional)
$8,745,374
Management and general (functional)
$2,250,246

Balance sheet and other

Total assets, start of year
$171,598,284
Total assets, end of year
$177,778,706
Total liabilities, end of year
$39,094,976
Net assets, end of year
$138,683,730
Land, buildings and equipment
$14,879,409
Publicly traded securities
$1,949,635
Net assets without donor restrictions
$96,312,275
Net assets with donor restrictions
$25,621,172
Gross receipts
$27,758,854
Employees
16
Volunteers
0
Year formed
1971
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 / weekCompensationOther / benefits
BRETT GERBERPRESIDENT/CEO
Trustee or director, Officer
40$533,520$139,859
TOM PATZMANVP BUSINESS DEVELOPMENT
Key employee
20$305,547$39,421
MATT PIOSKEVICE PRESIDENT OF ACCOUNTING
Key employee
40$155,481$35,839
CAROL KEENVICE PRESIDENT OF RE DEVEL
Highest-paid employee
10$151,630$18,372
KAREN FISCHERVP PROPERTY MANAGEMENT
Highest-paid employee
20$147,661$16,114
TAD GIYANDIRECTOR OF BUSINESS DEVEL
Highest-paid employee
40$141,919$19,921
CAROLINE LOYASDIRECTOR OF RESOURCE DEVEL
Highest-paid employee
40$124,030$30,527
TERRA PAWLIUK-MCGIFFINSENIOR DIRECTOR OF ACCOUNTING
Highest-paid employee
20$112,881$38,272
MICHAEL BEBEAUCHAIRMAN
Trustee or director, Officer
1$0$0
MARY PATOKAVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MARY HUBLERSECRETARY
Trustee or director, Officer
1$0$0
DAVID DANIELSONDIRECTOR
Trustee or director
1$0$0
EARLE EDWARDSTREASURER
Trustee or director, Officer
1$0$0
IVAN GAMBOADIRECTOR
Trustee or director
1$0$0
PHILIP LINDEMANDIRECTOR
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
JAY MACKDIRECTOR
Trustee or director
1$0
KEVIN SHIPLEYDIRECTOR
Trustee or director
1$0
RUSSELL SWAGGERDIRECTOR
Trustee or director
1$0
JOHN WILLDIRECTOR
Trustee or director
1$0
DIANE SCHOBERTDIRECTOR
Trustee or director
1$0
DEREK TAYLORDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
BRETT GERBERPRESIDENT/CEO
Trustee or director, Officer
40$509,396$138,859
TOM PATZMANVP BUSINESS DEVELOPMENT
Key employee
20$264,017$38,170
CAROL KEENVICE PRESIDENT OF RE DEVELOPMENT
Highest-paid employee
10$137,487$17,108
TERRA PAWLIUK-MCGIFFINVP OF ACCOUNTING
Highest-paid employee
20$116,271$38,244
CAROLINE LOYASDIRECTOR OF RESOURCE DEVELOPMENT
Highest-paid employee
40$113,408$30,189
KAREN FISCHERVP PROPERTY MANAGEMENT
Highest-paid employee
20$123,878$15,997
TAD GIYANDIRECTOR OF BUSINESS DEVELOPMENT
Highest-paid employee
40$115,478$19,289
MICHAEL BEBEAUCHAIRMAN
Trustee or director, Officer
1$0$0
MARY PATOKAVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MARY HUBLERSECRETARY
Trustee or director, Officer
1$0$0
DAVID DANIELSONDIRECTOR
Trustee or director
1$0$0
EARLE EDWARDSTREASURER
Trustee or director, Officer
1$0$0
IVAN GAMBOADIRECTOR
Trustee or director
1$0$0
PHILIP LINDEMANDIRECTOR
Trustee or director
1$0$0
JAY MACKDIRECTOR
Trustee or director
1$0$0
KEVIN SHIPLEYDIRECTOR
Trustee or director
1$0$0
RUSSELL SWAGGERDIRECTOR
Trustee or director
1$0$0
JOHN WILLDIRECTOR
Trustee or director
1$0$0
DIANE SCHOBERTDIRECTOR
Trustee or director
1$0$0
DEREK TAYLORDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2961 DECKER DR, RICE LAKE, WI 54868-7522
Principal officer (990 for 2024)
BRETT GERBER, 2961 DECKER DRIVE, RICE LAKE, WI 54868
Signed the 990
TERRA PAWLIUK-MCGIFFIN, SENIOR DIRECTOR OF ACCOUNTING
Phone
(715) 434-1717
Return prepared by
CARTER & COMPANY CPAS LLC

Mission

COMPREHENSIVE IMPACT ON THE POPULATION OF WISCONSIN, WITH AN EMPHASIS ON THE RURAL AREA OF THE STATE. IMPACT SEVEN ACTS AS A CATALYST TO CREATE OPPORTUNITY FOR THE UNDERSERVED OF WISCONSIN, INCLUDING WOMEN, MINORITIES, LOW-INCOME AND DISABLED PEOPLE, AND DISTRESSED COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • IMPACT SEVEN'S BUSINESS DEVELOPMENT PROVIDES FINANCIAL PRODUCTS, DEVELOPMENT SERVICES AND TECHNICAL ASSISTANCE FOR THE CREATION OR EXPANSION OF BUSINESS, COMMERCIAL REAL ESTATE AND HOUSING DEVELOPMENT ENTERPRISES.- $33,995,730 IN LOANS CLOSED- 20 LOANS CLOSED- 76 FTE JOBS CREATED BY BORROWERS- 129 FTE JOBS RETATINED BY BORROWERSIMPACT SEVEN PROVIDES SERVICES IN THE MANAGEMENT OF RENTAL HOUSING FOR ITS OWNED UNITS.- 1697 UNITS UNDER MANAGEMENT- 1545 AFFORDABLE UNITS UNDER MANAGEMENT- 751 UNITS SET ASIDE FOR PERSONS WHO ARE ELDERLY AND/OR HAVE DISABILITIESIMPACT SEVEN DEVELOPS AND INVESTS IN ITS OWN MULTIFAMILY RENTAL HOUSING AS A LONG TERM OWNER.- 1455 UNITS OF AFFORDABLE HOUSING FINANCED FOR THIRD PARTY DEVELOPERS
    Expenses $8,745,374 · revenue $26,240,864

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
39-1141037
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)
Group exemption
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
9527 (30 member organizations)
Assets (IRS master file)
$177,778,706
Income (IRS master file)
$27,758,854

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,745,903$10,995,620$177,778,706XML
990December 2023$22,872,292$11,763,918$171,598,284XML
990December 2022$21,975,718$10,452,205$164,773,498IRS
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 39-1141037).

Questions about IMPACT SEVEN INCORPORATED

What is the EIN of IMPACT SEVEN INCORPORATED?
The employer identification number (EIN) of IMPACT SEVEN INCORPORATED is 39-1141037.
Is IMPACT SEVEN INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to IMPACT SEVEN INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does IMPACT SEVEN INCORPORATED 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 IMPACT SEVEN INCORPORATED 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 IMPACT SEVEN INCORPORATED 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 IMPACT SEVEN INCORPORATED?
The 990 for the year ended December 31, 2024 names BRETT GERBER.
Who are the officers and directors of IMPACT SEVEN INCORPORATED?
The 990 for the year ended December 31, 2024 lists 21 people; 8 received compensation from the organization, the highest $533,520 (BRETT GERBER, PRESIDENT/CEO).
How much revenue does IMPACT SEVEN INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,745,903, expenses of $10,995,620 and total assets of $177,778,706 at year end.

Organizations in its group exemption (30)

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