2024-05-07T07:55:10-05:00 2023-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2022-07-01 396076442 THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION UNIV 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 TODD SCHOON CO-TREASURER 4143526000 2024-05-03 1 TODD SCHOON 999009999 0 SOLOMON MARDAKHAEV P01806552 6105653930 2024-05-03 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD SCHOON 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 38903372 0 X WWW.USM.ORG X 1851 WI UNIVERSITY SCHOOL OF MILWAUKEE PROVIDES AN EXCEPTIONAL PK-12 INDEPENDENT SCHOOL EDUCATION IN A SUPPORTIVE, INCLUSIVE COMMUNITY BUILT ON THE FOUNDATION OF OUR COMMON TRUST. BY IGNITING A PASSION FOR LEARNING, LEADERSHIP, AND SERVICE, THE SCHOOL PREPARES EACH STUDENT - AS AN INDIVIDUAL - FOR SUCCESS IN HIGHER EDUCATION AND A LIFE OF PURPOSE. USM EMBRACES A TRADITION OF SUPERIOR ACADEMIC ACHIEVEMENT THROUGH A COMMITMENT TO EXPERTISE AND INNOVATION IN OUR SCHOOL. THE COMMON TRUST, THE BASIC PHILOSOPHY OF COMMUNITY BEHAVIOR AT UNIVERSITY SCHOOL OF MILWAUKEE, IS AT THE CORE OF THE SCHOOL'S GUIDING PRINCIPLES, AND IS EXPRESSED IN THE FOLLOWING PLEDGE: "WE, THE MEMBERS OF THE UNIVERSITY SCHOOL OF MILWAUKEE COMMUNITY, ACCEPT THE COMMON TRUST. WE AGREE TO RELATE TO ONE ANOTHER AND THE SCHOOL WITH RESPECT, TRUST, HONESTY, FAIRNESS, AND KINDNESS." 24 24 407 200 0 0 5874437 6485893 30288578 31483206 10069 269572 210606 263401 36383690 38502072 6334963 6381044 0 0 21619636 22988936 0 0 399735 10697584 11832146 38652183 41202126 -2268493 -2700054 57287389 54049021 5980575 5432583 51306814 48616438 X UNIVERSITY SCHOOL OF MILWAUKEE PROVIDES AN EXCEPTIONAL PK-12 INDEPENDENT SCHOOL EDUCATION IN A SUPPORTIVE, INCLUSIVE COMMUNITY BUILT ON THE FOUNDATION OF OUR COMMON TRUST. BY IGNITING A PASSION FOR LEARNING, LEADERSHIP, AND SERVICE, THE SCHOOL PREPARES EACH STUDENT - AS AN INDIVIDUAL - FOR SUCCESS IN HIGHER EDUCATION AND A LIFE OF PURPOSE. USM EMBRACES A TRADITION OF SUPERIOR ACADEMIC ACHIEVEMENT THROUGH A COMMITMENT TO EXPERTISE AND INNOVATION IN OUR SCHOOL. THE COMMON TRUST, THE BASIC PHILOSOPHY OF COMMUNITY BEHAVIOR AT UNIVERSITY SCHOOL OF MILWAUKEE, IS AT THE CORE OF THE SCHOOL'S GUIDING PRINCIPLES, AND IS EXPRESSED IN THE FOLLOWING PLEDGE: "WE, THE MEMBERS OF THE UNIVERSITY SCHOOL OF MILWAUKEE COMMUNITY, ACCEPT THE COMMON TRUST. WE AGREE TO RELATE TO ONE ANOTHER AND THE SCHOOL WITH RESPECT, TRUST, HONESTY, FAIRNESS, AND KINDNESS." 0 0 33053031 6381044 31483206 THE UNIVERSITY SCHOOL OF MILWAUKEE CORP IS A NONPROFIT INDEPENDENT SCHOOL PROVIDING PREKINDERGARTEN THROUGH 12TH GRADE EDUCATION. THE ENDOWMENT, ALONG WITH TUITION AND AUXILIARY PROGRAM REVENUES AND OTHER GIFTS TO THE SCHOOL, ALLOW USM TO POSITION ITSELF WELL FOR FUTURE PROGRAM ENHANCEMENTS AND GROWTH. 33053031 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 39 0 407 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X EDWARD FEEST 4143526000 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 KARIN WERNER PRESIDENT 1.00 1.00 X X 0 0 0 JACKIE DARR VICE PRESIDENT 1.00 X X 0 0 0 TODD SCHOON CO-TREASURER 1.00 X X 0 0 0 GREGORY SMITH CO-TREASURER 1.00 X X 0 0 0 SUMEETA KRISHNANEY SECRETARY 1.00 X X 0 0 0 MARY BECHMANN MEMBER 1.00 X 0 0 0 JOHN BONNELL MEMBER 1.00 X 0 0 0 CHARLES BRENNAN MEMBER 1.00 X 0 0 0 LAYFETTE CRUMP MEMBER 1.00 X 0 0 0 KEVIN DAHLMAN MEMBER 1.00 X 0 0 0 KATHY-ANN EDWARDS BENJAMIN MEMBER 1.00 X 0 0 0 STEPHEN GUY MEMBER 1.00 1.00 X 0 0 0 JENNIFER KEOUGH MEMBER 1.00 X 0 0 0 SRI LAZZARO MEMBER 1.00 X 0 0 0 MIKE LINDEMANN MEMBER 1.00 X 0 0 0 TAMORA MARTIN MEMBER 1.00 X 0 0 0 BRIGID MILLER MEMBER 1.00 X 0 0 0 COLLESTON MORGAN MEMBER 1.00 X 0 0 0 KARA NELSON MEMBER 1.00 X 0 0 0 MICHEL POKEL MEMBER 1.00 X 0 0 0 BETSY ROSENBLUM MEMBER 1.00 X 0 0 0 LESLIE TECTOR MEMBER 1.00 X 0 0 0 CATHIE TORINUS MEMBER 1.00 X 0 0 0 MICHAEL C WILLIAMS MEMBER 1.00 X 0 0 0 STEVEN HANCOCK HEAD OF SCHOOL 40.00 1.00 X 393433 0 28268 KELLY MCGUIRE CHIEF FINANCIAL OFFICER (THRU 01/23) 40.00 1.00 X 164663 0 17446 WESTON OUTLAW CHIEF FINANCIAL OFFICER (BEG. 06/23) 40.00 1.00 X 0 0 0 MICHAEL TAUSCHER HEAD OF LOWER SCHOOL 40.00 X 129387 0 18224 STUART CUSHMAN DIRECTOR OF STRATEGIC OPERATIONS 40.00 X 145116 0 9996 ERIC PETERS DIRECTOR OF ENROLLMENT (THRU 03/23) 40.00 X 133745 0 15408 TIMOTHY WILLIAMS ATHLETIC DIRECTOR 40.00 X 123138 0 14446 PATRICK TEVLIN CHIEF ADVANCEMENT OFFICER 40.00 X 178760 0 21586 GREGORY BACH FORMER ASSISTANT HEAD OF SCHOOL 40.00 X 209708 0 11470 1477950 0 136844 16 1 1 0 COMPASS GROUP USA 2400 YORKMONT ROAD CHARLOTTE NC 28217 FOOD SERVICES 1855296 BLAZE LANDSCAPE CONTRACTING INC W180 N5325 MARCY ROAD MENOMONEE FALLS WI 53051 LANDSCAPING 774794 TEACHERS ON CALL 3001 METRO DRIVE BLOOMINGTON MN 55425 SUBSTITUTE TEACHERS 291303 ASTRO TURF CORPORATION 2680 ABUTMENT RD SE DALTON GA 30721 CONSTRUCTION/TURF 251574 WORLDSTRIDES PO BOX 9033 CHARLOTTESVILLE VA 22906 STUDENT TRAVEL SERVICES 180255 11 19669 4497101 1969123 132943 6485893 TUITION & FEES 611600 29848539 29848539 AUXILIARY ENTERPRISES 611710 815713 815713 AUXILIARY EDUCATIONAL PROGRAMS 611710 755681 755681 STUDENT ACTIVITIES 611710 63273 63273 31483206 101282 101282 167646 644 0 0 167646 644 168290 168290 186975 19669 63415 123560 123560 2130 1508 622 622 236651 336377 -99726 -99726 BAD DEBT RECOVERIES 900099 238945 238945 238945 38502072 31483206 0 532973 6381044 6381044 681971 681971 17011863 13317498 3694365 1099001 745501 353500 2951024 1992574 958450 1245077 821792 423285 185746 185746 3357992 3013641 121324 223027 176593 6174 170419 1387322 1011972 328645 46705 305298 32680 272618 948220 948220 47752 39620 8132 173187 111012 62175 61623 15158 46465 3251280 3137570 113710 321225 321225 STUDENT ACTIVITIES 621714 621714 REPAIRS & MAINTENANCE 277034 255613 21421 ENTERTAINMENT/SPECIAL E 244161 86833 58254 99074 SEARCH COMMITTEE EXPENS 81106 81106 391893 193190 167774 30929 41202126 33053031 7749360 399735 11196545 1256905 8229 7509337 631363 268335 652449 677002 65262 69915 312922 482843 94638283 52154487 43888261 42483796 165168 572343 367190 728545 57287389 54049021 2716323 2531288 2994148 2337447 112081 269989 158023 293859 5980575 5432583 X 51065462 48306388 241352 310050 51306814 48616438 57287389 54049021 -2700054 9678 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87991442 899453 8800164 4904699 8600 92777760 98763807 1763702 -8238752 4290115 7200 87991442 80091021 557401 22670092 4544007 10700 98763807 80834609 1796505 1255137 3787730 7500 80091021 76128080 1598134 6728946 3613551 7000 80834609 0.35130 0.44599 0.20272 0 1 1 10870009 10870009 68074761 39044085 29030676 15307366 13110402 2196964 386147 386147 42483796 AGENCY FUNDS 93859 UNSECURED NOTES PAYABLE TO RELATED ORGANIZATION 100000 DEFERRED RETIREMENT BENEFITS PAYABLE 100000 293859 34525917 9678 9678 34516239 3985833 3985833 38502072 37216293 97432 97432 37118861 4083265 4083265 41202126 PART V, LINE 4: ENDOWMENT FUNDS ARE INVESTED FOR THE LONG-TERM, CREATING A PERMANENT SOURCE OF FUNDING FOR ONGOING PRIORITIES, SUCH AS INSTRUCTION, SCHOLARSHIP, AND OTHER PURPOSES. ONLY A PORTION OF THE INCOME EARNED ANNUALLY IS USED TO SUPPORT THESE PRIORITIES. THE BALANCE OF THE EARNING IS CHANNELED BACK INTO THE FUND, SO THAT THE ENDOWMENT CONTINUES TO GROW OVERTIME. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,083,265. AUXILIARY EXPENSES -336,377. BAD DEBT RECOVERIES 238,945. PART XII, LINE 2D - OTHER ADJUSTMENTS: AUXILIARY EXPENSES 336,377. BAD DEBT RECOVERIES -238,945. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 4,083,265. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 STATEMENT OF RACIALLY NON DISCRIMINATORY POLICY IS PUBLISHED ON THE ORGANIZATION'S WEBSITE. HOLIDAY SHOPS 206644 19669 186975 27512 11807 24096 206644 19669 186975 27512 11807 24096 63415 123560 1 FINANCIAL AID 253 3247613 TUITION REMISSION 79 2297779 MERIT SCHOLARSHIPS 70 835652 PART I, LINE 2: ALL FINANCIAL AID GRANTS AND SCHOLARSHIPS ARE MONITORED BY THE ADVANCEMENT DEPARTMENT TO ENSURE THAT THE FUNDS ARE USED IN THE MANNER SET BY DONOR OR ENDOWED FUND FOR WHICH THE GRANT WAS GIVEN. X X 0 1 X X X X 0 0 0 0 0 0 0 0 0 STEVEN HANCOCK HEAD OF SCHOOL 390680 0 1669 0 1084 0 22604 0 5664 0 421701 0 0 0 GREGORY BACH FORMER ASSISTANT HEAD OF SCHOOL 102398 0 106684 0 626 0 7246 0 4224 0 221178 0 0 0 PATRICK TEVLIN CHIEF ADVANCEMENT OFFICER 176414 0 1655 0 691 0 12832 0 8754 0 200346 0 0 0 KELLY MCGUIRE CHIEF FINANCIAL OFFICER (THRU 01/23) 162656 0 1654 0 353 0 11782 0 5664 0 182109 0 0 0 STUART CUSHMAN DIRECTOR OF STRATEGIC OPERATIONS 142986 0 1650 0 480 0 9996 0 0 0 155112 0 0 0 PART I, LINE 1A STEVEN HANCOCK, THE HEAD OF THE SCHOOL, IS REQUIRED TO LIVE AND TO CONDUCT SOME BUSINESS IN A HOUSE THAT IS PROVIDED BY THE UNIVERSITY SCHOOL OF MILWAUKEE PER HIS CONTRACT. HOUSEKEEPING AND YARD MAINTENANCE ARE ALSO PROVIDED. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 1B THE UNIVERSITY SCHOOL OF MILWAUKEE CORPORATION DOESN'T HAVE A WRITTEN POLICY FOR HOUSING. HOUSING IS OFFERED TO THE HEAD OF SCHOOL. THE SECOND (AND ONLY OTHER) RESIDENCE WAS RESERVED FOR THE DIRECTOR OF FACILITIES. IN LIEU OF THIS, IT IS AT THE DISCRETION OF THE HEAD OF SCHOOL. X 16 132943 SELLING PRICE 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). PART I, LINE 32B: A BROKERAGE COMPANY IS USED TO SELL STOCK CONTRIBUTIONS MADE TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND IS MADE AVAILABLE FOR REVIEW TO THE BOARD OF TRUSTEES THROUGH A SECURE PORTAL. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY IN WRITING, THE BOARD'S COMMITTEE ON TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT SUCH COMMITTEE CAN PROVIDE GUIDANCE AND TAKE ACTION AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS COMPARED AGAINST A BENCHMARK MADE UP OF 8 SIMILAR INDEPENDENT SCHOOLS. THE COMPENSATION COMMITTEE REVIEWS THE BENCHMARK TO DETERMINE THAT THE COMPENSATION LEVEL IS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. MILWAUKEE WINTER CLUB LLC 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 852001021 FOSTER GROWTH OF YOUTH ICE HOCKEY WI 452498 451284 THE UNIVERSITY SCHOOL OF MILWAUKEE CORP UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND INC 2100 W FAIRY CHASM ROAD MILWAUKEE WI 53217 455276699 SUPPORT THE UNIVERSITY SCHOOL OF MILWAUKEE WI 501(C)(3) LINE 12A, I THE UNIVERSITY SCHOOL OF MILWAUKEE CORP 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 UNIVERSITY SCHOOL OF MILWAUKEE ENDOWMENT FUND INC C 4497101 COST