Brodhead Area Foundation Inc

Brodhead, WI
Tax-exempt since March 1991
EIN: 39-1652655

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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.

Donations to this organization are tax deductible.

Revenue

$147k (2024)

Expenses

$150k (2024)

Total Assets

$2.03M (2024)

Total Liabilities

$0 (2024)

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

$147,229

Expenses

$149,829

Net Income

-$2,600

Net Assets

$2,028,933

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,500	5.1%
Interest Revenue	$23,538	16.0%
Dividends	$56,789	38.6%
Sales of Assets	$59,402	40.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$149,829	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,028,933
Total Liabilities	$0
Net Assets	$2,028,933

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
Ray Pawlisch (Vice Preside)	$0	$0
Jerry Elmer (Secretary)	$0	$0
Richard Gretebeck (Treasurer)	$0	$0
William Prochnow (Board Member)	$0	$0
Teri Laborde (Board Member)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Jared Arn (Board Member)	$0	$0
Debra Bruns (Board Member)	$0	$0
Chris Searls (Board Member)	$0	$0

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990-PF

Filed on Nov. 17, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$62,121

Expenses

$137,876

Net Income

-$75,755

Net Assets

$2,042,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,935	9.6%
Interest Revenue	$14,804	23.8%
Dividends	$49,682	80.0%
Sales of Assets	-$8,300
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$137,876	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,042,952
Total Liabilities	$0
Net Assets	$2,042,952

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Board Member)	$0	$0
Teri Laborde (Board Member)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elmer (Secretary)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Treasurer)	$0	$0

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990-PF

Filed on Nov. 8, 2024

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

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Fiscal Year Ending Dec.
2022

Revenue

$93,204

Expenses

$199,814

Net Income

-$106,610

Net Assets

$2,015,884

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,000	26.8%
Interest Revenue	$4,397	4.7%
Dividends	$45,644	49.0%
Sales of Assets	$18,163	19.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$199,814	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,015,884
Total Liabilities	$0
Net Assets	$2,015,884

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Board Member)	$0	$0
Teri Laborde (Board Member)	$0	$0
Ronald W Braun (Board Member)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elmer (Secretary)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Treasurer)	$0	$0

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990-PF

Filed on Sept. 27, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$59,757

Expenses

$143,591

Net Income

-$83,834

Net Assets

$2,364,835

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,025	11.8%
Interest Revenue	$4,738	7.9%
Dividends	$32,857	55.0%
Sales of Assets	$15,137	25.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$143,591	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,364,835
Total Liabilities	$0
Net Assets	$2,364,835

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Teri Laborde (Board Member)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elmer (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Treasurer)	$0	$0

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990-PF

Filed on May 13, 2022

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

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Fiscal Year Ending Dec.
2020

Revenue

$56,574

Expenses

$205,962

Net Income

-$149,388

Net Assets

$2,384,653

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,381	9.5%
Interest Revenue	$12,759	22.6%
Dividends	$33,940	60.0%
Sales of Assets	$4,494	7.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$205,962	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,384,654
Total Liabilities	$1
Net Assets	$2,384,653

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Teri Laborde (Treasurer)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elmer (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Board Member)	$0	$0

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990-PF

Filed on Nov. 3, 2021

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

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Fiscal Year Ending Dec.
2019

Revenue

$100,497

Expenses

$229,549

Net Income

-$129,052

Net Assets

$2,450,172

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$32,210	32.1%
Interest Revenue	$4,902	4.9%
Dividends	$38,626	38.4%
Sales of Assets	$24,759	24.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$229,549	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,450,173
Total Liabilities	$1
Net Assets	$2,450,172

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Teri Laborde (Treasurer)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elmer (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Board Member)	$0	$0

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990-PF

Filed on Nov. 4, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$40,788

Expenses

$199,503

Net Income

-$158,715

Net Assets

$2,458,366

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$11,749	28.8%
Interest Revenue	$4,229	10.4%
Dividends	$33,791	82.8%
Sales of Assets	-$8,981
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$199,503	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,458,366
Total Liabilities	$0
Net Assets	$2,458,366

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Teri Laborde (Treasurer)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elemer (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Board Member)	$0	$0

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990-PF

Filed on May 14, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$129,644

Expenses

$173,585

Net Income

-$43,941

Net Assets

$2,687,421

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$22,367	17.3%
Interest Revenue	$4,082	3.1%
Dividends	$32,452	25.0%
Sales of Assets	$70,743	54.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$173,585	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,687,421
Total Liabilities	$0
Net Assets	$2,687,421

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Teri Laborde (Treasurer)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Deanne Boegli (Board Member)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Jerry Elemer (Board Member)	$0	$0
Frank Gombar (Board Member)	$0	$0
Richard Gretebeck (Board Member)	$0	$0

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990-PF

Filed on May 15, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$1,990,573

Expenses

$127,562

Net Income

$1,863,011

Net Assets

$2,688,448

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,869,569	93.9%
Interest Revenue	$2,190	0.1%
Dividends	$22,088	1.1%
Sales of Assets	$96,726	4.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$127,562	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,688,448
Total Liabilities	$0
Net Assets	$2,688,448

Compensation

Key Employees and Officers	Compensation	Other
Lon Lederman (President)	$0	$0
Ray Pawlisch (Vice Preside)	$0	$0
Teri Laborde (Treasurer)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Frank Gombar (Board Member)	$0	$0
William Prochnow (Board Member)	$0	$0
Deanne Boeglie (Board Member)	$0	$0
Gerald Elmer (Board Member)	$0	$0
Richard Gretebeck (Board Member)	$0	$0

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990-PF

Filed on Aug. 15, 2017

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

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Fiscal Year Ending Dec.
2015

Revenue

$408,904

Expenses

$26,312

Net Income

$382,592

Net Assets

$845,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$383,813	93.9%
Interest Revenue	$984	0.2%
Dividends	$8,857	2.2%
Sales of Assets	$15,250	3.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$26,312	100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$845,334
Total Liabilities	$0
Net Assets	$845,334

Compensation

Key Employees and Officers	Compensation	Other
Frank Gombar (Board Member)	$0	$0
William Procknow (Vice President)	$0	$0
Ray Pawlish (Board Member)	$0	$0
Ronald Braun (Secretary)	$0	$0
Lon Lederman (President)	$0	$0
Terri Laborde (Treasurer)	$0	$0
Bill Knight (Board Member)	$0	$0
Deanne Boegeli (Board Member)	$0	$0
Gerald Elmer (Board Member)	$0	$0

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990-PF

Filed on June 25, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$46,691

Expenses

$30,865

Net Income

$15,826

Net Assets

$492,494

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$26,071	55.8%
Interest Revenue	$1,238	2.7%
Dividends	$19,382	41.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$0
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$492,494
Total Liabilities	$0
Net Assets	$492,494

Compensation

Key Employees and Officers	Compensation	Other
Frank Gombar (Board Member)	$0	$0
Don Olin (Treasurer)	$0	$0
William Procknow (Vice President)	$0	$0
Dr Ray Pawlish (Board Member)	$0	$0
Ronald Braun (Secretary)	$0	$0
Lon Lederman (President)	$0	$0
Terri Laborde (Board Member)	$0	$0
Bill Knight (Board Member)	$0	$0
Deanne Boegeli (Board Member)	$0	$0

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990-PF

Filed on May 14, 2015

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

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Fiscal Year Ending Dec.
2013

Revenue

$37,007

Expenses

$25,772

Net Income

$11,235

Net Assets

$476,668

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$450	1.2%
Interest Revenue	$1,607	4.3%
Dividends	$11,889	32.1%
Sales of Assets	$23,061	62.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,380	94.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$476,668
Total Liabilities	$0
Net Assets	$476,668

Compensation

Key Employees and Officers	Compensation	Other
Frank Gombar (Board Member)	$0	$0
Don Olin (Treasurer)	$0	$0
William Prochnow (Vice Preside)	$0	$0
Ray Pawlisch (Board Member)	$0	$0
Ronald W Braun (Secretary)	$0	$0
Lon Lederman (President)	$0	$0
Teri Laborde (Board Member)	$0	$0
Bill Knight (Board Member)	$0	$0
Deanne Boegeli (Board Member)	$0	$0

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990-PF

Filed on May 15, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$14,132

Expenses

$22,026

Net Income

-$7,894

Net Assets

$465,432

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,586	18.3%
Dividends	$7,828	55.4%
Sales of Assets	$3,718	26.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$20,708	94.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$465,433
Total Liabilities	$1
Net Assets	$465,432

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$10,627

Expenses

$23,997

Net Income

-$13,370

Net Assets

$473,326

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,746	35.2%
Dividends	$6,881	64.8%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,569	77.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$473,327
Total Liabilities	$1
Net Assets	$473,326

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Brodhead Area Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $147k (2024)

Expenses $150k (2024)

Total Assets $2.03M (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

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$147k (2024)

Expenses

$150k (2024)

Total Assets

$2.03M (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

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001