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Connexus Association Inc.

Connexus Association Inc.

Wausau, WI 54402
Tax ID61-1473074

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About this organization

Revenue

$521,441

Expenses

$497,824

Mission

THE PURPOSE OF CONNEXUS ASSOCIATION IS TO PROVIDE SCHOLARSHIPS FOR EDUCATION, TO ASSIST EDUCATIONAL INSTITUTIONS AND TO PROVIDE FINANCIAL LITERACY EDUCATION TO HELP BORROWERS AND SAVERS REACH THEIR FINANCIAL GOALS. IN A LIMITED FASHION, THE ASSOCIATION MAY ALSO ENGAGE IN ANY CHARITABLE ACTIVITY RECOGNIZED IN I.R.C. 501(C)(3).

About

CONNEXUS ASSOCIATION WAS ABLE TO PROVIDE MONETARY CONTRIBUTIONS TO OVER 50 DIFFERENT INSTITUTIONS OR ORGANIZATIONS TO PROVIDE SCHOLARSHIPS FOR EDUCATION, ASSIST EDUCATIONAL INSTITUTIONS, PROVIDE FINANCIAL LITERACY EDUCATION, AND OTHER CHARITABLE ACTIVITIES. DURING 2018 CONNEXUS ASSOCIATION CONTINUED ITS CURRENT SCHOLARSHIP PROGRAMS WITH 8 LOCAL SCHOOLS. TWENTY-ONE HIGH SCHOOL GRADUATES FROM 6 LOCAL HIGH SCHOOLS WERE EACH AWARDED A $1,000 SCHOLARSHIP TOWARD THEIR POST-SECONDARY EDUCATION. TWO ADDITIONAL $1,000 SCHOLARSHIPS WERE GIVEN TO STUDENTS ATTENDING THE LOCAL 4-YEAR EXTENSION, UNIVERSITY OF WISCONSIN MARATHON COUNTY. IN FALL OF 2017, CONNEXUS ASSOCIATION ESTABLISHED A SCHOLARSHIP FUND WITHIN THE COMMUNITY FOUNDATION OF NORTH CENTRAL WISCONSIN. THE FUND PROVIDED 5 HIGH SCHOOL SENIORS WITH A $1,000 SCHOLARSHIP TOWARD THEIR COLLEGE EDUCATION DURING 2018.DURING 2018, CONNEXUS DONATED OVER $20,000 TO 7 LOCAL SCHOOLS FOR EDUCATIONAL PURPOSES. OVER $60,000 WAS GIVEN OUT TO OVER 10 ORGANIZATIONS TO DIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION WITH THOUSANDS MORE DOLLARS GRANTED TO ORGANIZATIONS WHICH WOULD INDIRECTLY SUPPORT FINANCIAL LITERACY EDUCATION.OTHER CHARITABLE GIVING AS APPROVED BY BOARD TO ORGANIZATIONS INCLUDING RED CROSS, UNITED WAY, AND AMERICAN CANCER SOCIETY.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “The purpose of connexus association is to provide scholarships for education, to assist educational institutions and to provide financial literacy education to help borrowers and savers reach their financial goals. in a limited fashion, the association may also engage in any charitable activity recognized in i.r.c. 501(c)(3).”.

When explaining its purpose, the activities were outlined as: “The purpose of connexus association is to provide scholarships for education, to assist educational institutions and to provide financial literacy education to help borrowers and savers reach their financial goals. in a limited fashion, the association may also engage in any charitable activity recognized in i.r.c. 501(c)(3).”.

  • As per legal reporting requirements, the state of operation for the non-profit is WI.
  • The non-profit's address for 2020 is listed as PO BOX 2054, WAUSAU, WI, 54402 in the filing.
  • As per the non-profit's form, they have 1 employees as of 2020.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $23,617.
  • The organization has 5 independent voting members.
  • The organization was formed in 2005.
  • The organization pays $13,567 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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