Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 39-6098118

MADISON GAS & ELECTRIC FOUNDATION INC

Tax-exempt · MADISON, WI 53701

Financials

$2.8M$1.9M2023$23.4M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of MADISON GAS & ELECTRIC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$23,361,298$2,333,217$21,028,081$45,204,428$310,000$44,894,428
December 31, 2023990-PF$2,842,159$1,886,539$955,620$41,183,747$180,822$41,002,925
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$458,387
Interest
$41,958
Net gain from sales of assets
$22,860,953

Expenses

Grants and similar amounts paid
$1,889,194
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,938,940
Excise tax on investment income
$346,158

Balance sheet and other

Total assets, start of year
$41,183,747
Total assets, end of year
$45,204,428
Total liabilities, end of year
$310,000
Net assets, end of year
$44,894,428
Fair market value of assets
$45,176,277
Qualifying distributions
$2,307,376
Net investment income
$25,016,600

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

NameTitleHours / weekCompensation
JEFFREY KEEBLER
133 S BLAIR ST, MADISON, WI 537880001
PRESIDENT1$0
JARED BUSHEK
133 S BLAIR ST, MADISON, WI 537880001
VICE PRESIDENT/TREASURER SINCE JULY1$0
TAMARA JOHNSON
133 S BLAIR ST, MADISON, WI 537880001
VICE PRESIDENT/TREASURER THRU JUNE1$0
CARI ANNE RENLUND
133 S BLAIR ST, MADISON, WI 537880001
SECRETARY1$0
GARY WOLTER
133 S BLAIR ST, MADISON, WI 537880001
DIRECTOR1$0
LYNN K HOBBIE
133 S BLAIR ST, MADISON, WI 537880001
DIRECTOR1$0
SCOTT SMITH
133 S BLAIR ST, MADISON, WI 537880001
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JEFFREY KEEBLER
133 S BLAIR ST, MADISON, WI 537880001
PRESIDENT AND CHAIRMAN1$0
CARI ANNE RENLUND
133 S BLAIR ST, MADISON, WI 537880001
SECRETARY1$0
TAMARA JOHNSON
133 S BLAIR ST, MADISON, WI 537880001
VICE PRESIDENT AND TREASURER1$0
JARED BUSHEK
133 S BLAIR ST, MADISON, WI 537880001
VICE PRESIDENT1$0
GARY WOLTER
133 S BLAIR ST, MADISON, WI 537880001
DIRECTOR1$0
LYNN K HOBBIE
133 S BLAIR ST, MADISON, WI 537880001
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 1231, MADISON, WI 53701-1231
Signed the 990-PF
JARED BUSHEK, VP/TREASURER
Phone
(608) 252-7070
Return prepared by
WEGNER CPAS LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
39-6098118
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1966
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$45,204,428
Income (IRS master file)
$42,746,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$23,361,298$2,333,217$45,204,428IRS
990-PFDecember 2023$2,842,159$1,886,539$41,183,747XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 39-6098118).

Questions about MADISON GAS & ELECTRIC FOUNDATION INC

What is the EIN of MADISON GAS & ELECTRIC FOUNDATION INC?
The employer identification number (EIN) of MADISON GAS & ELECTRIC FOUNDATION INC is 39-6098118.
Is MADISON GAS & ELECTRIC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to MADISON GAS & ELECTRIC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MADISON GAS & ELECTRIC FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MADISON GAS & ELECTRIC FOUNDATION 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 MADISON GAS & ELECTRIC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MADISON GAS & ELECTRIC FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MADISON GAS & ELECTRIC FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $23,361,298, expenses of $2,333,217 and total assets of $45,204,428 at year end.

Other nonprofits in MADISON

All nonprofits in MADISON · Wisconsin