Nonprofit · EIN 39-1341603
MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $14,788,630 | $14,077,928 | $710,702 | $46,196,774 | $792,854 | $45,403,920 |
| June 30, 2024 | 990 | $16,700,425 | $13,839,445 | $2,860,980 | $42,802,673 | $292,801 | $42,509,872 |
| June 30, 2023 | 990 | $15,371,502 | $12,615,686 | $2,755,816 | $38,530,809 | $475,980 | $38,054,829 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,937,925
- of which government grants
- $1,148,059
- Program service revenue
- $60,380
- Investment income
- $1,790,325
- Net gain from sales of assets
- $274,845
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $13,481,670
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $121,952
- Travel
- $14,346
- Program services (functional)
- $13,578,034
- Management and general (functional)
- $320,039
- Fundraising (functional)
- $179,855
Balance sheet and other
- Total assets, start of year
- $42,802,673
- Total assets, end of year
- $46,196,774
- Total liabilities, end of year
- $792,854
- Net assets, end of year
- $45,403,920
- Publicly traded securities
- $39,460,400
- Net assets without donor restrictions
- $3,280,100
- Net assets with donor restrictions
- $42,123,820
- Gross receipts
- $17,162,651
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1979
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHANTEL BYRD | PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAVID MEGNA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JULIANNA EBERT | SECRETARY Trustee or director, Officer | 1 | $0 |
| MATTHEW PARTRIDGE | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIELLE BERGNER | DIRECTOR Trustee or director | 0.5 | $0 |
| ERICA CASE | DIRECTOR Trustee or director | 0.5 | $0 |
| TROY DENNHOF | DIRECTOR Trustee or director | 0.5 | $0 |
| TREVOR D'SOUZA | DIRECTOR Trustee or director | 0.5 | $0 |
| VIOLA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 |
| JAIME HURTADO | DIRECTOR Trustee or director | 0.5 | $0 |
| SUSAN LUBAR | DIRECTOR Trustee or director | 0.5 | $0 |
| TRACY LUBER | DIRECTOR Trustee or director | 0.5 | $0 |
| LORI MALETT | DIRECTOR Trustee or director | 0.5 | $0 |
| EDGAR MAYORGA | DIRECTOR Trustee or director | 0.5 | $0 |
| PRESTON MCGLORY | DIRECTOR Trustee or director | 0.5 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAJESH NAMBOOTHIRY | DIRECTOR Trustee or director | 0.5 | $0 |
| EMILY PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 |
| TIMOTHY SMITH | DIRECTOR Trustee or director | 0.5 | $0 |
| LAILA VALTERS | DIRECTOR Trustee or director | 0.5 | $0 |
| JAMIE BERGER | DIRECTOR (THRU JUNE 2025 ) Trustee or director | 0.5 | $0 |
| JIM COSCO | DIRECTOR (THRU JUNE 2025) Trustee or director | 0.5 | $0 |
| LAURA BRAY | EXECUTIVE DIRECTOR Officer | 15 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LAURA BRAY | EXECUTIVE DIRECTOR Officer | 15 | $0 | $192,302 | $47,070 |
| VIRGINIA FINN | CHIEF DEVELOPMENT OFFICER Officer | 40 | $0 | $129,966 | $27,857 |
| JASON FLANDERS | OPERATIONS DIRECTOR Officer | 40 | $0 | $109,721 | $30,047 |
| CHANTEL BYRD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JULIANNA EBERT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE MEGNA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW PARTRIDGE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMIE BERGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JIM COSCO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EUGENE GILCHRIST | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| VIOLA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JAIME HURTADO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SUSAN LUBAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TRACY LUBER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EMILY PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY SMITH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ERICA CASE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DANIELLE BERGNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RAJES NAMBOOTHIRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ANTHONY CRUZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LAURA BRAY | EXECUTIVE DIRECTOR Officer | 15 | $0 | $182,058 | $45,429 |
| JASON FLANDERS | OPERATIONS DIRECTOR Officer | 19 | $0 | $106,164 | $28,655 |
| CHANTEL BYRD | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JULIANNA EBERT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVE MEGNA | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MATTHEW PARTRIDGE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMIE BERGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH ALLEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KAMAL BANSAL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARLO CERVANTES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JIM COSCO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MONA FOWLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EUGENE GILCHRIST | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| VIOLA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JAIME HURTADO | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SUSAN LUBAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TRACY LUBER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EMILY PHILLIPS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DAYLA RANDOLPH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY SMITH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| VICKI MARTIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ERICA CASE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 700 W STATE ST M244, MILWAUKEE, WI 53233-1419
- Principal officer (990 for 2024)
- VIRGINIA FINN, 700 W STATE ST M244, MILWAUKEE, WI 53233
- Signed the 990
- VIRGINIA FINN, ACTING EXECUTIVE DIRECTOR
- Phone
- (414) 297-7687
- Return prepared by
- WEGNER CPAS LLP
Mission
AS THE COLLEGE'S PHILANTHROPIC PARTNER, MILWAUKEE AREA TECHNICAL COLLEGE (MATC) FOUNDATION'S MISSION IS TO BUILD DONOR RELATIONSHIPS TO FACILITATE PRIVATE INVESTMENTS THAT REMOVE BARRIERS TO EDUCATION, ACCELERATE CAREERS, AND DELIVER SKILLED TALENT TO THE MILWAUKEE AREA. THE FOUNDATION ALSO SERVES AS THE FINANCIAL STEWARD OF PRIVATE DONATIONS TO MILWAUKEE PBS, A VIEWER-SUPPORTED SERVICE OF MATC.
Program accomplishments
- MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC. SECURES COMMUNITY INVOLVEMENT WITH, INCLUDING FINANCIAL SUPPORT OF, MILWAUKEE AREA TECHNICAL COLLEGE (MATC). THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO SOLICIT, HOLD, MANAGE, INVEST, AND EXPEND CONTRIBUTIONS, GRANTS, AND BEQUESTS (INCLUDING ENDOWMENT GIFTS) EXCLUSIVELY FOR THE MAINTENANCE, SUPPORT, AND BENEFIT OF MATC.THE FOUNDATION IS THE FISCAL SPONSOR FOR MILWAUKEE PBS (MPBS), A PROGRAM OF MATC. MPBS CONSISTS OF TWO TRADITIONAL TELEVISION STATIONS, WMVS AND WMVT, WHICH ARE LICENSED TO MATC; FOUR DIGITAL TELEVISION SERVICES; A STATE-OF-THE-ART PRODUCTION FACILITY; THE WEBSITE MPBS.ORG; AND THE MONTHLY MAGAZINE FINE TUNING. MPBS ALSO SERVES AS THE HANDS-ON TRAINING FACILITY FOR MATC STUDENTS ENROLLED IN THE TELEVISION AND VIDEO PRODUCTION PROGRAM. DURING THE 2024/25 ACADEMIC YEAR, THE FOUNDATION SUPPORTED STUDENT SUCCESS THROUGH THE AWARDING OF $5,408,778 IN SCHOLARSHIPS AND EMERGENCY ASSISTANCE GRANTS. WITH AN EMPHASIS ON SUPPORTING STUDENT PERSISTENCE AND GRADUATION, AWARDS WERE DESIGNED TO REMOVE FINANCIAL BARRIERS AND, WHEN POSSIBLE, ELIMINATE THE NEED FOR STUDENT LOANS, POSITIONING STUDENTS FOR ECONOMIC MOBILITY. THE TOTAL NUMBER OF STUDENTS RECEIVING SUPPORT IN THE 2024/25 ACADEMIC YEAR WAS 2,926.THE FOUNDATION PROVIDED $1,682,100 IN PROGRAM SUPPORT TO MILWAUKEE AREA TECHNICAL COLLEGE THAT WAS STRATEGICALLY ALIGNED TO SUPPORT STUDENT SUCCESS IN FAMILY-SUPPORTING, ECONOMICALLY MOBILE CAREERS AS REFLECTED BY REGIONAL EMPLOYERS' WORKFORCE PIPELINE PRIORITIES. THIS PROGRAM SUPPORT INCLUDED MATC DRIVE/AL HURVIS PEAK TRANSPORTATION CENTER, THE COLLEGE'S SPECIALTY HVAC PROGRAMS WITH A MILWAUKEE PUBLIC HIGH SCHOOL, AND SPECIALTY SUPPORT FOR BOARD AND LICENSE EXAM FEES FOR RECENT HEALTHCARE PATHWAY GRADUATES.FURTHER, THE FOUNDATION FACILITATED THE RECEIPT OF IN-KIND DONATIONS OF MATERIALS AND EQUIPMENT VALUED AT $117,682.SERVING AS MILWAUKEE PBS' FISCAL SPONSOR, THE FOUNDATION ADMINISTERED $8,450,181 IN CONTRIBUTIONS AND AWARDED $6,390,792 IN PROGRAM SUPPORT. MILWAUKEE PBS IS OWNED AND OPERATED BY MILWAUKEE AREA TECHNICAL COLLEGE.Expenses $13,578,034 · grants $13,481,670 · revenue $60,380
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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1341603
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $46,196,774
- Income (IRS master file)
- $17,162,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $14,788,630 | $14,077,928 | $46,196,774 | IRS |
| 990 | June 2024 | $16,700,425 | $13,839,445 | $42,802,673 | XML |
| 990 | June 2023 | $15,371,502 | $12,615,686 | $38,530,809 | XML |
| 990 | June 2022 | $18,292,742 | $9,507,486 | $33,356,211 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 39-1341603).
Questions about MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC
- What is the EIN of MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC is 39-1341603.
- Is MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION 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 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION 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 MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names VIRGINIA FINN.
- Who are the officers and directors of MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $14,788,630, expenses of $14,077,928 and total assets of $46,196,774 at year end.
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