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Impact Seven Incorporated

Impact Seven Incorporated

Almena, WI 54805
Tax ID39-1141037

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$13,249,001

Expenses

$11,829,799

Mission

To impact communities and lives through innovative and socially motivated investment and service.

About

Impact Seven's business development department provides financial products, development services and technical assistance for the creation or expansion of business, commercial real estate, and housing development enterprises. -$18,910,680 in loans closed -16 loans closed -394 FTE jobs created by borrowers -431 FTE jobs retained by borrowers. Impact Seven provides services in the management of rental housing for its owned units. -1,227 units under management -1,199 affordable units under management -698 units set aside for persons who are elderly and/or have disabilities. Impact Seven develops and invests in its own multifamily rental housing as a long-term owner. -51 units of affordable housing developed or preserved by Impact Seven -78 units of affordable housing financed for third party developers

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “Comprehensive impact on the population of wisconsin, with an emphasis on the rural areas of the state. impact seven acts as a catalyst to create opportunity for the underserved of wisconsin, including women, minorities, low-income and disabled people, and distressed communities.”.

When referring to its tasks, they were described as: “Building capacity for communities by providing services and development in business, housing and property management.”.

  • The non-profit is operating legally in the state of WI.
  • The non-profit's address for the year 2020 is listed as 2961 DECKER DRIVE, RICE LAKE, WI, 54868 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 148 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,419,202.
  • The organization has 14 independent voting members.
  • The organization was formed in 1971.
  • The organization pays $4,414,937 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.