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EIN 39-1141037

Impact Seven

IRS 501(c) type
501(c)(3)
Num. employees
22
City
Rice Lake
State
Wisconsin
Year formed
1971
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Impact Seven provides services and development in business, housing, and property management as a catalyst for creating opportunities for underserved populations in Wisconsin.
Related structure
Impact Seven is a parent organization to a group of 28 other organizations.
Total revenues
$21,975,718
2022
Total expenses
$10,452,205
2022
Total assets
$164,773,498
2022
Num. employees
22
2022

Program areas at Impact Seven

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.- $26,600,000 in loans closed- 19 loans closed- 75 fte jobs created by borrowers- 329 fte jobs retatined by borrowersimpact Seven provides services in the management of rental housing for its owned units.- 1783 units under management- 1563 affordable units under management- 707 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.- 942 units of affordable housing financed for third party developers

Grants made by Impact Seven

GranteeGrant descriptionAmount
Indianhead Community Action Agency (ICAA)Principal Reduction$89,150
St Marcus Lutheran Church - 8355 St Marcus Lutheran SchoolOperating Expenses$30,000
United Pioneer HomeOperating Expenses, Pay Increases$25,000
...and 4 more grants made

Who funds Impact Seven

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Otto Bremer Trust (OBT)CBFC Emergency Fund$2,000,000
NeighborWorks AmericaGeneral Support$512,000
Home ConversionsTo Benefit the Communities By Providing Low Income Housing and Services$51,415
...and 1 more grant received

Personnel at Impact Seven

NameTitleCompensation
Brett GerberPresident and Chief Executive Officer$444,686
Tom PatzmanVice President , Business Development$227,840
Matt PioskeVice President of Accounting
Terra Pawliuk-McGiffinVice President , Accounting$112,592
Lisa BarkelarVice President of Property Management$148,524
...and 18 more key personnel

Financials for Impact Seven

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$13,880,063
Investment income and dividends$136,686
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,956,097
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,872
Total revenues$21,975,718

Form 990s for Impact Seven

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-02-07990View PDF
...and 9 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 2 new personnel
December 27, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $2,000,000 from Otto Bremer Trust (OBT)
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
Address
2961 Decker Dr
Rice Lake, WI 54868
County
Barron County, WI
Website URL
impactseven.org/ 
Phone
(715) 434-1717
Facebook page
ImpactSeven 
Twitter profile
@impactseveninc 
IRS details
EIN
39-1141037
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Parent of group exemption
Central organization
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