Wisconsin Health & Educational Facilities Authority: Welcomes new executive director

The Members of WHEFA are pleased to announce Larry D. Wiemer II as WHEFA’s new Executive Director. Larry comes to WHEFA with over 30 years of experience working in various operating and financial leadership roles with nonprofit institutions within the State of Wisconsin. Throughout his career Larry has been involved in over 15 public and private bond transactions, equaling over $2.5 billion of par value. Larry is excited to continue WHEFA’s role as a key resource assisting all Wisconsin nonprofit institutions in
researching, evaluating and accessing the various financing options available to them.
Larry can be reached at [email protected] or via phone at 262.792.0466 (office) or
262.510.9556 (cell).

The Members of WHEFA also announce the promotion of Tatiana Graver from Manager of Finance to Associate Executive Director. The WHEFA members would like to congratulate Tatiana for this well-deserved promotion. Tatiana has been with WHEFA for 10 years and has served as an invaluable resource to the hundreds of nonprofit organizations who have benefited from WHEFA’s services. We are excited for her to continue to serve nonprofit borrowers throughout Wisconsin.

The Members of WHEFA would like to thank Dennis Reilly for his 26 years of service – the last 10 of which he served as the Executive Director. Under Dennis’ leadership WHEFA provided exceptional service to nonprofit entities throughout Wisconsin, and significantly expanded the number and types of organizations assisted by WHEFA. The Members of WHEFA extend their best wishes to Dennis as he continues his career with Fifth Third
Bank.

Since inception in 1973, WHEFA has provided hundreds of Wisconsin nonprofit corporations access to private and public capital markets at lower costs than are available to them in the conventional marketplace. Over the years, the Wisconsin legislature has expanded the types of nonprofit entities eligible for WHEFA financing assistance from just hospitals and other health care entities, to include independent colleges and universities,
certain continuing care facilities, private elementary and secondary schools, research facilities, and community rehabilitation providers. Currently, WHEFA’s charter permits all Wisconsin 501(c)(3) nonprofit organizations to access to low-cost, tax-exempt financing through WHEFA. Bonds issued by WHEFA are not indebtedness of the State of Wisconsin, and the State has no obligation to repay any bonds issued by WHEFA under any circumstances. Additionally, WHEFA does not utilize any State moneys to fund its operations.