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Governance Register
US nonprofit · EIN 901001588 · Milwaukee, WIiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 901001588) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 31 December 2024: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R).Finances by year IRS Form 990 e-file data - total revenue and total expenses by tax year.Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code SO), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Brightstar Wisconsin Foundation Inc's network

10 people2 organisationsi10 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
Thomas Shannon ChairExecutive Chairman2018
8 yrs
Adam BergerDirector2018
8 yrs
Andy ShragoDirector2018
8 yrs
Anthony HandzlikCompany secretary2021
5 yrs
Dan Shannon (also filed as Dan Shannon)Director2018
8 yrs
Daniel MatolaTreasurer2021
5 yrs
Jeff HarrisPresident2018
8 yrs
Joey FrayneDirector2023
3 yrs
Mark BurishDirector2018
8 yrs
PAM Evason (also filed as Pam Evason)Director2018
8 yrs
Under 5 years5 to 6 years6 years or more

Officers and senior leadership

4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Anthony HandzlikCompany secretarysince 2018
Daniel MatolaTreasurersince 2018
Fred RaaschVice Presidentsince 2018
Todd SobotkaExecutive Directorsince 2022

Pay and hours

year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Todd SobotkaExecutive Director40$175k$32k
Fred RaaschVice President32$29k
Thomas ShannonExecutive Chairman1$0
Jeff HarrisPresident1$0
Daniel MatolaTreasurer1$0
Anthony HandzlikSecretary1$0
Adam BergerDirector1$0
Mark BurishDirector1$0
Pam EvasonDirector1$0
Joey FrayneDirector1$0
Dan ShannonDirector1$0
Andy ShragoDirector1$0

About

Legal name
Brightstar Wisconsin Foundation Inc
EIN
901001588
Address
710 N Plankinton Ave Ste 340, Milwaukee, WI, 53203-2418
State
Wisconsin
Mission
Brightstar wisconsin foundation accepts charitable donations as a 501(c)(3) organization and uses them to take convertible debt and equity positions in for-profit early-stage companies that create jobs in wisconsin. Earnings and return of proceeds of investments will be reinvested in other for-profit early-stage companies that create jobs. (as filed on the Form 990)
Activity (NTEE)
S19 Community improvement and capacity building
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Community Improvement & Capacity Building
Size band
7 (IRS master file code)
Formed
2013
Principal officer
Todd Sobotka (as named on the Form 990)
IRS ruling date
1 November 2013
Status
Code 01 (unconditional exemption)
Form 990 filings on record
7, latest 2024
IRS Publication 78
SO (contributions deductible)

Most connected

Longest observed on the filings

≥8years on the filingsThomas Shannon
≥8years on the filingsAdam Berger
≥8years on the filingsAndy Shrago
≥8years on the filingsDan Shannon

Latest return

year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.
Total assets
$9.7m
Total liabilities
$4k
Net assets or fund balances
$9.7m
Contributions and grants received
$1.1m
Program service revenue
Minus $978k
Employees
3
Volunteers
16

Filed finances

1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.
Tax yearTotal revenueTotal expensesSurplus or deficit
2024$268k$344kDeficit $77k

As filed on the IRS Form 990. US dollars.