Full Compass Systems
9770 Silicon Prairie Parkway, Verona
home goods store
Ownership
Full Compass Systems is a family-owned business with nearly 200 employees and has been recognized as one of the largest woman-owned businesses in the state of Wisconsin. The founder Jonathan Lipp currently serves as Chief Executive Officer. His wife Susan joined the company as President and now serves as the Chairman of the Board.
Local Sourcing
Full Compass is a national leader in professional audio, professional video, A/V, lighting, and musical instrument sales and consultation, offering over 800 top equipment brands. The business model is based on reselling manufacturer products nationally and globally, with minimal evidence of local Wisconsin supplier partnerships.
Community Involvement
Organizations supported over the years include Susan G. Komen, Dane County Humane Society, Second Harvest Food Bank and Toys for Tots, with funding raised through company activities including cookouts, bake sales and employee contests. While the company engages in charitable giving, the extent and current involvement are not extensively documented.
Local Workforce
Full Compass Systems employees rate their compensation and benefits as 3.0 out of 5. The average employee makes $41,934 per year and employees stay with the company for 4.5 years on average. Pay starts out pretty low with VERY small increases that happen yearly after the first year, making it hard to raise a family and live comfortably.
Revenue Retention
Full Compass Systems's annual revenue reached $75M as of November 2024. As a national distributor and eCommerce retailer that ships worldwide, most revenue flows outside the Madison area, with only a small retail store location locally.
Local Presence
No website available to analyze.