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Nonprofit · EIN 84-3213548

FOR-M INC

Tax-exempt · WEST BEND, WI 53095

Financials

$1.3M$1.4M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of FOR-M INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,162,412$1,424,142-$261,730$5,728,862$328,419$5,400,443
December 31, 2023990$1,298,163$1,449,958-$151,795$6,278,195$616,022$5,662,173
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$914,624
of which government grants
$53,126
Program service revenue
$22,328
Investment income
$223,030
Other revenue
$2,430

Expenses

Grants and similar amounts paid
$281,000
Other salaries and wages
$468,967
Salaries, compensation and benefits (total)
$599,294
Professional fundraising fees
$0
Legal fees
$21,736
Accounting fees
$81,635
Travel
$10,531
Depreciation
$210
Program services (functional)
$1,244,145
Management and general (functional)
$86,708
Fundraising (functional)
$93,289

Balance sheet and other

Total assets, start of year
$6,278,195
Total assets, end of year
$5,728,862
Total liabilities, end of year
$328,419
Net assets, end of year
$5,400,443
Publicly traded securities
$4,327,967
Net assets without donor restrictions
$5,400,443
Gross receipts
$1,162,412
Employees
7
Volunteers
12
Year formed
2019
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
KATHY HENRICHCHIEF EXECUTIVE OFFICER
Officer
40$285,285$38,173
MOLLY MULROYCHAIR
Trustee or director, Officer
0.5$0$0
MARA LORDDIRECTOR
Trustee or director, Officer
0.5$0$0
DAN RENOUARDTREASURER
Trustee or director, Officer
0.5$0$0
REBECCA JANUTISDIRECTOR
Trustee or director
0.5$0$0
WENDY SCHAFERDIRECTOR
Trustee or director
0.5$0$0
RASHI KHOSLADIRECTOR
Trustee or director
0.5$0$0
GORDON NAMENIDIRECTOR
Trustee or director
0.5$0$0
JASON FIELDSDIRECTOR
Trustee or director
0.5$0$0
MARA LORDDIRECTOR
Trustee or director
0.5$0$0
SANGEETHA RAIVICE CHAIR
Trustee or director
0.5$0$0
GWENN PETERSDIRECTOR
Trustee or director
0.5$0$0
MATT MOESERDIRECTOR
Trustee or director
0.5$0$0
MIKE MASCHEKDIRECTOR
Trustee or director
0.5$0$0
VICTOR AMAYADIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
KATHY HENRICHCHIEF EXECUTIVE OFFICER
Officer
40$271,575$27,176
SARAH SEWELLDIR. OF WORKFORCE PLANNING
Highest-paid employee
40$124,000$3,600
MOLLY MULROYCHAIR
Trustee or director, Officer
0.5$0$0
SANGEETHA RAIVICE CHAIR
Trustee or director, Officer
0.5$0$0
DAN RENOUARDTREASURER
Trustee or director, Officer
0.5$0$0
REBECCA JANUTISDIRECTOR
Trustee or director
0.5$0$0
WENDY SCHAFERDIRECTOR
Trustee or director
0.5$0$0
ERIC SENNDIRECTOR
Trustee or director
0.5$0$0
RASHI KHOSLADIRECTOR
Trustee or director
0.5$0$0
GORDON NAMENIDIRECTOR
Trustee or director
0.5$0$0
MATT CORDIODIRECTOR
Trustee or director
0.5$0$0
JASON FIELDSDIRECTOR
Trustee or director
0.5$0$0
MARA LORDDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 34, WEST BEND, WI 53095-0034
Principal officer (990 for 2024)
JOE POESCHL, PO BOX 34, WEST BEND, WI 53095
Signed the 990
JOE POESCHL, EXECUTIVE DIRECTOR
Phone
(414) 484-4034
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

INCLUSIVELY DOUBLE TECH TALENT IN THE MILWAUKEE REGION IN ORDER TO DRIVE ENDURING ECONOMIC PROSPERITY AND CREATE LIFE CHANGING JOBS

990 for the year ended December 31, 2024

Program accomplishments

  • REGIONAL BRANDINGADVANCE THE IMAGE OF THE MILWAUKEE REGION AS A TECHNOLOGY REGION WHICH ATTRACTS BOTH TECH COMPANIES AND WORKERS. THIS INCLUDES PROMOTING OUR STRENGTHS IN WATER/ENERGY TECHNOLOGY, HEALTHTECH, FINANCIAL PAYMENTS, AND INSURTECH.
    Expenses $6,000 · grants $6,000
  • TECH JOBSSUPPORT EFFORTS TO CREATE AN ENVIRONMENT ATTRACTIVE TO TECHNOLOGY COMPANIES WITH THE GOAL BEING TO PROVIDE CAREER OPPORTUNITIES. THIS INCLUDES OUR WORK TO DEVELOP OUR TECH-BASED INDUSTRY CLUSTERS, INCLUDING FEDERAL GRANT OPPORTUNITIES SUCH AS NSF ECONOMIC ENGINES (ENERGY/WATER RESILIENCY IN MANUFACTURING), AND EDA TECH HUBS (BIO-TECHNOLOGY)
  • PRE-INTERNSHIP - OVER 70 INDIVIDUALS SERVED, WITH 84% FROM DEMOGRAPHICS TRADITIONALLY UNDERREPRESENTED IN TECH
  • TALENT - ATTRACT AND RETAIN
  • TRANSFORM AND CONNECT

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
84-3213548
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,728,862
Income (IRS master file)
$1,162,412

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,162,412$1,424,142$5,728,862XML
990December 2023$1,298,163$1,449,958$6,278,195XML
990December 2022$1,633,369$1,046,213$5,957,326IRS
990December 2021–––IRS
990December 2020–––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 84-3213548).

Questions about FOR-M INC

What is the EIN of FOR-M INC?
The employer identification number (EIN) of FOR-M INC is 84-3213548.
Is FOR-M INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2020.
Are donations to FOR-M INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FOR-M 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 FOR-M 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 FOR-M 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 FOR-M INC?
The 990 for the year ended December 31, 2024 names JOE POESCHL.
Who are the officers and directors of FOR-M INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $285,285 (KATHY HENRICH, CHIEF EXECUTIVE OFFICER).
How much revenue does FOR-M INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,162,412, expenses of $1,424,142 and total assets of $5,728,862 at year end.

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