Contents
Activities
Asset Builders of America produces programs geared towards a variety of ages, which teach financial capability as a means to economically empower low- and moderate-income individuals. Asset Builders promotes financial literacy and awareness through Got Money!, a personal responsibility education program for teens; an interactive Finance and Investment Challenge Bowl; Youth P.O.W.E.R., a personal finance bootcamp for teens; The Millionaires’ Club, a program designed to accelerate the economic knowledge of students; and The Money Conference, a financial education conference with speakers and workshops. 1
Asset Builders of America produces policy research to support wealth building for individuals who rarely participate in the credit economy and likely have no, little, or inaccurate credit histories. Asset Builders claims that since credit is foundational to building wealth, utility and cell phone payments should be reported to credit databases to be accounted for in an individual’s credit report. Asset Builders further claims that for some individuals, these transactions would demonstrate payment behaviors that lead to more access to credit and ultimately personal wealth. 3
Funding
Asset Builders of America is funded by donations from individuals, foundations, and corporations. While Asset Builders does not disclose other donors, tax filings confirm donations from the Lynde and Harry Bradley Foundation ($45,000 in 2020), 4 the Medical College of Wisconsin ($14,111 in 2016), 5 and the Greater Green Bay Community Foundation ($11,000 in 2019). 6
People
Robert Wynn is a co-founder of Asset Builders. Wynn formerly worked as a financial education officer at the Wisconsin Department of Financial Institutions and as director of minority business development at the Wisconsin Department of Commerce. Wynn formerly sat on the consumer advisory council of the Federal Reserve and the board of the National Association of Investors. 7
Pam Anderson is the chair of the board and a former vice president at U.S. Bank. 8
Richard Entenmann is the executive director of Asset Builders and formerly worked as a lawyer at the Securities and Exchange Commission. 7
Tim Barthel is the president of Sentry Credit Union. 7
Scott Beyer is the senior vice president of U.S. Bank. 7
Nafessa Burdine sits on the boards of the Greater Milwaukee Committee and formerly sat on the executive committee of the Milwaukee Urban League. 9
Eric Christiansen is a mortgage manager at Summit Credit Union. 7
Steve DeVougas is the principal attorney at the DeVougas Law Group and provides legal services for the Milwaukee Justice Center. DeVougas is a former chair of the City of Milwaukee Fire and Police Commission and former president of the Wisconsin Association of African American Lawyers. 10
Jim Kubek is a former associate vice president at the University of Wisconsin Foundation. 11
Chris Laurent is the president of Cinnaire Solutions and sits on the boards of the Wisconsin Coalition Against Homelessness and Forward Community Investments. 12
Joe McNeil is a former senior vice president at Robert W. Baird & Co. and a former legislative assistant. 7
Jane Roloff is a district manager at Huntington Bank. 13
Steven Vale is a former president of the agriculture advisory board of the University of Wisconsin, Platteville. 7
Colleen Woggon is the CEO of the Oakdale Credit Union. 7
Financial Statistics
Total Assets
Total Revenue
Total Expenses
| Year | Total Assets | Total Revenue | Total Expenses | Filing |
|---|---|---|---|---|
| 2024 | $716,326 | $312,794 | $271,817 | View |
| 2023 | $598,851 | $481,986 | $247,456 | View |
| 2022 | $320,302 | $245,974 | $245,694 | View |
| 2021 | $318,700 | $309,250 | $227,769 | View |
| 2020 | $249,164 | $241,553 | $243,646 | View |
Prior year filings: 2019, 2018, 2017, 2015, 2014, 2013, 2012, 2011
Revenue Detail
Expenses Detail
Employee Compensation
- Number of Employees: 1
Highest Earning Employees
| Employee | Title | Total Compensation |
|---|---|---|
| Richard Entenmann | EXECUTIVE DIRECTOR | $115,528 |
Grant Activity
All-time grants received statistics from Candid dataset:
- Total Grant Value: $2,062,045
- Number of Grants: 173
- Number of Funders: 55
Selection of highest value grants received from the last seven years: