ASSET BUILDERS OF AMERICA INC

MADISON, WI | Dane County
Community Services

Overview

ASSET BUILDERS OF AMERICA INC
39-2005260
1213 N SHERMAN AVE SUITE 195
MADISON, WI 53704
Dane County
(608) 663-6332

Mission Statement info

THE MISSION OF ASSET BUILDERS OF AMERICA, INC. IS TO DELIVER FINANCIAL EDUCATION AND WEALTH-BUILDING STRATEGIES TO ENHANCE THE QUALITY OF LIFE OF LOW-WEALTH YOUTH, FAMILIES AND COMMUNITIES.

Founded info
1999
Total Employees info
1
Total Volunteers info
250
CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
B90

B - Educational Institutions

Educational Services

Organizations that provide educational programs within the formal educational system or offered as an adjunct to the traditional school curriculum which help students succeed in school and prepare for life. Includes organizations that partner parents, families, schools, business and/or community leaders to broker resources for the benefit of local schools.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
611710
Educational Support Services

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$371.6K
Revenue
$371.6K
Assets
$227.5K
Exempt Ruling Date info
2001-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
WI
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
1213 N SHERMAN AVE SUITE 195
MADISON, WI 53704
Dane County
FIPS Geocoded Address info
31540
MSA/CBSA info
55
State info
025
County info
0018.02
Tract info
Upper
Income Level info
Core-Based Statistical Area info
Madison, WI
Combined Statistical Area info
Madison-Janesville-Beloit, WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 12.6%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0018.02 Dane County
Population
Total Population 3,166 536,078
Total Households 1,540 222,929
Income
Median Family Income (Census*) $119,625 $73,893
Median Family Income (2019 FFIEC) $94,200 N/A
Tract Income Percentage 147.1% N/A
Below Poverty Level 17.9% 10.9%
Unemployment Level 4.5% 2.6%
Housing
Total Housing Units 1,593 232,924
Total Owner-Occupied Units 31.4% 58.2%
Total Renter-Occupied Units 65.3% 41.8%
Total Vacant Units 3.3% 4.2%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

8
Total Voting Members
in Governing Body
info
8
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Richard Entenmann
Executive Director
(608) 663-6332
Principal Officer info
Richard Entenmann
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.