Edward & Romell Ackley Fnd 040006998900

Ackley Romell V

Milwaukee, WI
Tax-exempt since Sept. 2003
EIN: 20-6014363

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$225k (2024)

Expenses

$291k (2024)

Total Assets

$4.09M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$225,263

Expenses

$290,626

Net Income

-$65,363

Net Assets

$4,087,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$144,213	64.0%
Sales of Assets	$80,958	35.9%
Other Income	$92	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$241,963	83.3%
Compensation of Officers*	$48,482	16.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,087,409
Total Liabilities	$0
Net Assets	$4,087,409

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$48,482	$0

990-PF

Filed on May 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$190,320

Expenses

$252,218

Net Income

-$61,898

Net Assets

$4,152,780

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$131,983	69.3%
Sales of Assets	$46,435	24.4%
Other Income	$11,902	6.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$209,498	83.1%
Compensation of Officers*	$44,358	17.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,152,780
Total Liabilities	$0
Net Assets	$4,152,780

Compensation

Key Employees and Officers	Compensation	Other
Us Bank Na (Trustee)	$44,358	$0

990-PF

Filed on May 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$72,129

Expenses

$285,738

Net Income

-$213,609

Net Assets

$4,219,243

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$98,266	> 100%
Sales of Assets	-$26,189
Other Income	$52	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$217,553	76.1%
Compensation of Officers*	$46,590	16.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,219,243
Total Liabilities	$0
Net Assets	$4,219,243

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$46,590	$0

990-PF

Filed on May 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$1,005,093

Expenses

$302,788

Net Income

$702,305

Net Assets

$4,435,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$104,958	10.4%
Sales of Assets	$900,133	89.6%
Other Income	$2	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$252,315	83.3%
Compensation of Officers*	$52,411	17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,435,147
Total Liabilities	$0
Net Assets	$4,435,147

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$52,411	$0

990-PF

Filed on May 9, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$195,822

Expenses

$263,943

Net Income

-$68,121

Net Assets

$3,736,323

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$80,538	41.1%
Sales of Assets	$115,284	58.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$219,650	83.2%
Compensation of Officers*	$45,695	17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,736,324
Total Liabilities	$1
Net Assets	$3,736,323

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$45,695	$0

990-PF

Filed on May 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$155,966

Expenses

$259,606

Net Income

-$103,640

Net Assets

$3,805,585

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$98,282	63.0%
Sales of Assets	$57,684	37.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$217,603	83.8%
Compensation of Officers*	$44,616	17.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,805,586
Total Liabilities	$1
Net Assets	$3,805,585

Compensation

Key Employees and Officers	Compensation	Other
Us Bank N A (Trustee)	$44,616	$0

990-PF

Filed on May 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$286,109

Expenses

$280,725

Net Income

$5,384

Net Assets

$3,906,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$103,459	36.2%
Sales of Assets	$182,650	63.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$229,724	81.8%
Compensation of Officers*	$45,828	16.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,906,320
Total Liabilities	$0
Net Assets	$3,906,320

Compensation

Key Employees and Officers	Compensation	Other
U S Bank Na (Trustee)	$45,828	$0

990-PF

Filed on May 2, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$210,528

Expenses

$241,662

Net Income

-$31,134

Net Assets

$4,088,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$90,834	43.1%
Sales of Assets	$119,694	56.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$195,554	80.9%
Compensation of Officers*	$44,573	18.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,088,658
Total Liabilities	$0
Net Assets	$4,088,658

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$571,137

Expenses

$302,624

Net Income

$268,513

Net Assets

$4,119,770

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$94,539	16.6%
Sales of Assets	$476,598	83.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$249,706	82.5%
Compensation of Officers*	$45,590	15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,119,770
Total Liabilities	$0
Net Assets	$4,119,770

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$343,973

Expenses

$242,643

Net Income

$101,330

Net Assets

$3,851,071

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$92,231	26.8%
Sales of Assets	$251,742	73.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$201,334	83.0%
Compensation of Officers*	$43,346	17.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,851,071
Total Liabilities	$0
Net Assets	$3,851,071

Compensation

Key Employees and Officers	Compensation	Other
Us Bank (Trustee)	$44,846	$0

990-PF

Filed on May 7, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$224,535

Expenses

$247,733

Net Income

-$23,198

Net Assets

$3,736,600

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$88,321	39.3%
Sales of Assets	$136,214	60.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$199,564	80.6%
Compensation of Officers*	$45,637	18.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,736,601
Total Liabilities	$1
Net Assets	$3,736,600

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$200,478

Expenses

$244,360

Net Income

-$43,882

Net Assets

$3,753,009

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$86,925	43.4%
Sales of Assets	$113,553	56.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$195,870	80.2%
Compensation of Officers*	$52,428	21.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,753,010
Total Liabilities	$1
Net Assets	$3,753,009

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Updated March 23, 2026

Edward & Romell Ackley Fnd 040006998900

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $225k (2024)

Expenses $291k (2024)

Total Assets $4.09M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$225k (2024)

Expenses

$291k (2024)

Total Assets

$4.09M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003