NonprofitsMadison Workers Cooperative

Employment

Madison Workers Cooperative

MADISON, WI

Total revenue

$172K

Total expenses

$155K

Net assets

$80K

Grants received

$179K

8 grants

EIN

461361962

Tax year

2024

Mission

To expand the promise of worker ownership to marginalized communities, and to ensure that cooperative development in those communities is strategic, effective, and adequately resourced. A Wisconsin only version of the Democracy at Work Institute.

Financials

FY 2024

Revenue

Contributions & grants$145K
Program service revenue$20K
Investment income$715
Other revenue
Total revenue$172K

Expenses

Grants paid$45K
Salaries & benefits$38K
Fundraising
Other expenses$8K
Total expenses$155K
Total assets$88K
Net assets$80K

People

8 listed

NameRoleCompensation

Adam Chern

President

Board

5 hrs/wk

Charity Schmidt

Director

Board

1 hrs/wk

George Rothdrake

Secretary

Board

1 hrs/wk

Ole Olson

Director

Board

1 hrs/wk

Rebecca Kemble

Treasurer

Board

1 hrs/wk

Susan Hessel

Director

Board

1 hrs/wk

Grant Phipps

Director

Board

1 hrs/wk

Steve Herrick

Director

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$32K
PROGRAM SUPPORT
2024
$30K
GRANT FOR EDUCATION ABOUT COOPERATIVES.
2024
$20K
INN SUPPORT - LABS
2024
$7K
SUPPORTING GRANT
2024
$40K
GRANT FOR EDUCATION ABOUT COOPERATIVES.
2023
$15K
SUPPORTING GRANT
2023
$5K
CO-OP CONVERSIONS TO PRESERVE JOBS AND INCREASE WORKPLACE STABILITY
2023
$30K
CBO DEVELOPMENT GRANT
2020

Funded by

$179K from 5 funders · 8 grants · 2020–2024

Center For Community Stewardship

$100K · 3 grants · 2020–2024

The Miami Foundation Inc

$32K · 1 grant · 2024

New Economy Coalition Inc

$22K · 2 grants · 2023–2024

Institute For Nonprofit News

$20K · 1 grant · 2024

The Allstate Foundation

$5K · 1 grant · 2023

Details

EIN461361962
NTEE codeJ01
Subsection03
Ruling date2019-07
MADISON WORKERS COOPERATIVE — Mission, Financials & Grants Received | Grantivo