2022-07-28T11:46:53-05:00 2021-09-30 390758449 WIPFLI LLP 170 NORTH RADNOR-CHESTER ROAD SUITE 200 RADNOR PA 19087 990 2020-10-01 390840476 INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED INC INDU 4147783040 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 CHARLES J LANGE III PRESIDENT/CEO 4147783040 2022-07-21 1 CHARLES LANGE III 999009999 SOLOMON MARDAKHAEV P01806552 6105653930 2022-07-21 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHARLES J LANGE III 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 85569962 0 X IBVI.ORG X 1952 WI TO PROVIDE AND GROW EMPLOYMENT OPPORTUNITIES FOR VISUALLY IMPAIRED PEOPLE. 14 12 306 12 0 0 0 0 0 0 827650 1398304 14275032 8969272 15102682 10367576 342012 258086 0 0 5893920 5522593 0 0 0 8534095 6650685 14770027 12431364 332655 -2063788 79246011 80204002 19848740 16508077 59397271 63695925 TO CREATE AND GROW EMPLOYMENT OPPORTUNITIES FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED. 0 0 6235022 258086 8942542 TO PROVIDE AND GROW EMPLOYMENT OPPORTUNITIES FOR BLIND AND VISUALLY IMPAIRED PEOPLE. DURING THE TAX YEAR, THE ORGANIZATION EMPLOYED 137 BLIND OR VISUALLY IMPAIRED PEOPLE. 6235022 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 54 0 306 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JEFF MADDEN 4147783040 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 CHARLES J LANGE III CEO/PRESIDENT 50.00 X X 622972 0 5880 JEFF MADDEN CFO/TREASURER 50.00 X X 187631 0 4560 CINDY PINKLEY CFO/TREASURER (THRU MAY 2020) 50.00 X X 289160 0 550 JOHN O'CONNOR CHAIRMAN 1.00 X X 0 0 0 TOM SCRIVNER VICE CHAIRMAN 1.00 X X 0 0 0 DAN LOCOCO SECRETARY 1.00 X X 0 0 0 SUSAN DOWD BOARD MEMBER (BEG. APRIL) 1.00 X 0 0 0 DR MICHAEL BONNER BOARD MEMBER 1.00 X 0 0 0 HEIDI CHADA BOARD MEMBER 1.00 X 0 0 0 MATTHEW KICKBUSH BOARD MEMBER (BEG. APRIL) 1.00 X 0 0 0 SHERRICE HARREL BOARD MEMBER 1.00 X 0 0 0 JOE KOHLER BOARD MEMBER (BEG. APRIL) 1.00 X 0 0 0 CHUCK STADLER BOARD MEMBER (BEG. APRIL) 1.00 X 0 0 0 MARY VAN VOLKINBURG BOARD MEMBER 1.00 X 0 0 0 JEB WILLENBRING BOARD MEMBER 1.00 X 0 0 0 PAUL HAAS VICE CHAIRMAN (THRU APRIL) 1.00 X X 0 0 0 RENEE ANDERSON BOARD MEMBER (THRU OCT) 1.00 X 0 0 0 TERRI DAVIS BOARD MEMBER (THRU NOV) 1.00 X 0 0 0 CHARLES LANGE JR BOARD MEMBER (THRU DEC) 1.00 X 0 0 0 EMMANUEL VOUVAKIS CHIEF INNOVATION OFFICER (THRU FEB 2021) 40.00 X 263825 0 0 PATRICK CRAIN CHIEF MANUFACTURING & LOGISTICS OFFICER 40.00 X 311883 0 3240 DEBRA LUCAS SR. VP OF BUSINESS DEVELOP (THRU MAY 2020) 40.00 X 160060 0 1558 RICHARD WEIGOLD SR. VP OF PRODUCT & CHANNEL DEV 40.00 X 244350 0 3240 TODD HOBART VP OF BSC STORE OPERATIONS 40.00 X 225121 0 1960 JASON HARPER SR. DIRECTOR OF STRATEGIC SOURCING 40.00 X 165844 0 3240 DAVID BATTANI DIRECTOR OF PRICING 40.00 X 159671 0 3240 SCOTT COLE DIRECTOR OF CONTRACTS 40.00 X 165842 0 1320 SAMUEL GRAVES PROGRAM MANAGER 40.00 X 125642 0 0 ANDREW KULICH SR. DIRECTOR IBVI CUSTOM 40.00 X 160825 0 7440 3082826 0 36228 23 0 1 0 ITERIA - US 1178 CYPRESS POINT TWIN LAKES WI 53181 ERP IMPLEMENTATION CONSULTING 2344983 EPIC CREATIVE 300 SOUTH 6TH AVENUE WEST BEND WI 53095 MARKETING SERVICES 1477031 ME DEY & CO INC 700 W VIRGINI ST STE 300 MILWAUKEE WI 53204 IMPORT CONSULTANTS 779741 RIVER RUN COMPUTERS 2320 WEST CAMDEN ROAD MILWAUKEE WI 53209 IT SUPPORT SERVICES 360550 SITE STAFFING INC 809 WEST NATIONAL AVENUE MILWAUKEE WI 53204 STAFFING SERVICES 133627 10 599109 599109 2122456 60700 1367033 16928 755423 43772 799195 799195 82760967 73818425 8942542 8942542 CREDIT CARD REBATE 900099 26730 26730 26730 10367576 8942542 0 1425034 258086 258086 2256953 491611 1765342 1897413 1112981 784432 544988 268069 276919 588914 444410 144504 234325 148812 85513 99591 99591 120288 120288 35648 35648 353180 353180 1120843 1119199 1644 357340 204147 153193 836620 10292 826328 6510 6510 144129 61705 82424 35097 473 34624 46805 46805 569411 569411 228561 114804 113757 FEES BASED ON SALES 1511895 1511895 CARD FEES 728463 488538 239925 BAD DEBT 394565 394565 LICENSES & DUES 18223 18223 43516 43516 12431364 6235022 6196342 0 3513843 1935359 6978352 7607727 17045784 13917729 659534 522112 36033886 14831794 20320228 21202092 27690176 33002459 1000000 1000000 2038094 1016524 79246011 80204002 11906446 7166694 3195830 7942294 6145553 19848740 16508077 X 59397271 63695925 59397271 63695925 79246011 80204002 X -2063788 3998012 2364430 X 0 1 X 1 0 X 89554334 67489753 113547138 105965416 82760967 459317608 7331 82841 136187 138933 26730 392022 89561665 67572594 113683325 106104349 82787697 459709630 0 0 0 459709630 675560 461987 686891 647833 599109 3071380 9409 4194 13603 675560 471396 691085 647833 599109 3084983 90237225 68043990 114374410 106752182 83386806 462794613 0.99330 0.99340 0.00670 0.00660 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION HAD A SHORT YEAR, BEGINNING ON JANUARY 1, 2018 AND ENDING ON SEPTEMBER 30, 2018. 1702300 1702300 16581241 5150373 11430868 582056 524644 57412 7237899 4451771 2786128 9930390 4705006 5225384 21202092 NET PENSION LIABILITY 4645553 LINE OF CREDIT 1500000 6145553 X PART X, LINE 2: ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS REQUIRE FINANCIAL STATEMENT RECOGNITION FOR THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE TAX POSITION. THE PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AS WELL AS GUIDANCE ON DERECOGNIZING, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. TAX RETURNS FOR THE YEARS ENDED DECEMBER 31, 2016 AND LATER REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED, INC. (IBVI) IS ORGANIZED AS AN ENTITY GENERALLY EXEMPT FROM CORPORATE INCOME TAXES. UNDER CERTAIN CIRCUMSTANCES, EXEMPT ENTITIES CAN INCUR CORPORATE INCOME TAXES ON ACTIVITIES DEEMED TO BE UNRELATED TO ITS EXEMPT STATUS. MANAGEMENT REGULARLY EVALUATES ITS ACTIVITIES AND DETERMINES IF ANY OF ITS ACTIVITIES WOULD BE CONSIDERED UNRELATED AND HAS CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN. FROM TIME TO TIME, IBVI IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. 1 VISION FORWARD 912 NORTH HAWLEY ROAD MILWAUKEE WI 53213 390808506 501(C)(3) 95000 DEVELOPMENT OF CAPABILITIES, REHABILITATION AND IMPROVEMENT OF LIVING STANDARDS FOR BLIND AND VISUALLY IMPAIRED INDIVIDUALS ABLE AUDIO & BRAILLE LITERACY ENHANCEMENT 803 WEST WELLS STREET MILWAUKEE WI 53233 391593301 501(C)(3) 41186 DEVELOPMENT OF CAPABILITIES, REHABILITATION AND IMPROVEMENT OF LIVING STANDARDS FOR BLIND AND VISUALLY IMPAIRED INDIVIDUALS CENTER FOR DEAF-BLIND PERSONS 3195 SOUTH SUPERIOR STREET MILWAUKEE WI 53207 391491836 501(C)(3) 40000 DEVELOPMENT OF CAPABILITIES, REHABILITATION AND IMPROVEMENT OF LIVING STANDARDS FOR BLIND AND VISUALLY IMPAIRED INDIVIDUALS WISCONSIN COUNCIL OF THE BLIND 754 WILLIAMSON STREET MADISON WI 53703 390977746 501(C)(3) 1900 PROMOTE THE DIGNITY & EMPOWERMENT OF PEOPLE IN WISCONSIN WHO ARE BLIND AND VISUALLY IMPAIRED BY PROVIDING SERVICES, ADVOCATING LEGISLATION AND EDUCATING THE GENERAL PUBLIC. ENVISION FOUNDATION 610 NORTH MAIN STREET WICHITA KS 67203 203874095 501(C)(3) 80000 GENERAL SUPPORT 5 0 PART I, LINE 2: THE BOARD OF DIRECTORS APPROVES AN AMOUNT FOR "WELFARE DISTRIBUTION" EACH YEAR BASED ON RECOMMENDATION FROM THE COMMUNITY OUTREACH COMMITTEE. THE COMMUNITY OUTREACH COMMITTEE OF THE BOARD OF DIRECTORS SENDS OUT SOLICITATION LETTERS TO VARIOUS ORGANIZATIONS. THE BUSINESS COMMUNITY OUTREACH COMMITTEE REVIEWS PROPOSALS SUBMITTED AND DETERMINES WHICH ORGANIZATIONS WILL RECEIVE FUNDS AND THE AMOUNT THEY WILL RECEIVE. A LETTER IS SENT WITH THE FUNDS. FEEDBACK ON THE USE OF THE FUNDS IS ALSO REQUESTED FROM THE ORGANIZATIONS. DONATIONS OF OLD INVENTORY AND OTHER MISCELLANEOUS ITEMS ARE APPROVED BY MANAGEMENT. X X 1 1 X X X X 0 0 0 1 0 1 0 1 0 CHARLES J LANGE III CEO/PRESIDENT 246472 0 376500 0 0 0 0 0 5880 0 628852 0 0 0 PATRICK CRAIN CHIEF MANUFACTURING & LOGISTICS OFFI 157333 0 154550 0 0 0 0 0 3240 0 315123 0 0 0 CINDY PINKLEY CFO/TREASURER (THRU MAY 2020) 75353 0 213807 0 0 0 0 0 550 0 289710 0 0 0 EMMANUEL VOUVAKIS CHIEF INNOVATION OFFICER (THRU FEB 2 173000 0 90825 0 0 0 0 0 0 0 263825 0 0 0 RICHARD WEIGOLD SR. VP OF PRODUCT & CHANNEL DEV 124850 0 119500 0 0 0 0 0 3240 0 247590 0 0 0 TODD HOBART VP OF BSC STORE OPERATIONS 149348 0 75773 0 0 0 0 0 1960 0 227081 0 0 0 JEFF MADDEN CFO/TREASURER 152254 0 35377 0 0 0 0 0 4560 0 192191 0 0 0 JASON HARPER SR. DIRECTOR OF STRATEGIC SOURCING 132169 0 33675 0 0 0 0 0 3240 0 169084 0 0 0 ANDREW KULICH SR. DIRECTOR IBVI CUSTOM 95441 0 65384 0 0 0 0 0 7440 0 168265 0 0 0 SCOTT COLE DIRECTOR OF CONTRACTS 122738 0 43104 0 0 0 0 0 1320 0 167162 0 0 0 DAVID BATTANI DIRECTOR OF PRICING 126298 0 33373 0 0 0 0 0 3240 0 162911 0 0 0 DEBRA LUCAS SR. VP OF BUSINESS DEVELOP (THRU MAY 53560 0 106500 0 0 0 0 0 1558 0 161618 0 0 0 PART I, LINE 1A $100/YEAR HEALTH CLUB REIMBURSEMENT ALLOWED FOR ANY EMPLOYEE. PART I, LINE 5 PER EMPLOYEE AGREEMENTS/PLANS AS DRAFTED BY THE COMPENSATION & PERSONNEL COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. PART I, LINE 6 PER EMPLOYEE AGREEMENTS/PLANS AS DRAFTED BY THE COMPENSATION & PERSONNEL COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. PART I, LINE 7 PAYMENTS FOR PERFORMANCE AND EXTRAORDINARY DISCRETIONARY BONUSES. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP: CHARLES J. LANGE, JR. - CHARLES J. LANGE, III FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND A COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BEFORE EACH ANNUAL MEETING THE BOARD OF DIRECTORS COMPLETE A FORM INDICATING ANY CONFLICTS OF INTEREST THEY MAY HAVE. THESE FORMS ARE KEPT ON RECORD. BOARD MEMBERS ARE RECUSED FROM THE BOARD MEETING IF THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 SALARIES AND COMPENSATION PLANS ARE DETERMINED BY THE COMPENSATION & PERSONNEL COMMITTEE WHICH IS MADE UP OF BOARD MEMBERS. THIS COMMITTEE USES COMPETITIVE COMPENSATION RESEARCH PROVIDED BY AN OUTSIDE CONSULTING FIRM. NO EXECUTIVES OR EMPLOYED MANAGERS SET THEIR OWN COMPENSATION PLAN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ACTUARIAL GAIN 1,708,515. RECLASSIFICATION FOR PENSION 655,915. TOP PROMOTIONS INC 8831 SOUTH GREENVIEW DRIVE MIDDLETON WI 53562 391428436 PROMOTIONAL PRODUCT SOLUTIONS WI INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED INC C 1498030 3658851 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 TOP PROMOTIONS INC D 1500000 FAIR MARKET VALUE TOP PROMOTIONS INC M 4569584 FAIR MARKET VALUE