2021-11-05T09:06:11-05:00 2021-06-30 390859910 BAKER TILLY US LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2020-07-01 391039417 WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INC WISC 6082567761 122 W WASHINGTON AVENUE NO 700 MADISON WI 53703 ROLF WEGENKE PRESIDENT 6082567761 2021-10-29 1 ROLF WEGENKE 999009999 TROY MARINE CPA P00187863 4147775500 2021-10-29 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROLF WEGENKE 122 W WASHINGTON AVENUE NO 700 MADISON WI 53703 7083055 0 X WWW.WAICU.ORG X 1962 WI PROMOTE AND FACILITATE SERVICES TO WISCONSIN'S PRIVATE NONPROFIT COLLEGES AND UNIVERSITIES. 23 23 19 24 0 0 517700 1044100 3200102 2737042 -524876 781138 0 0 3192926 4562280 794906 800904 0 0 2114168 1915130 0 0 66908 1167477 1033724 4076551 3749758 -883625 812522 19922691 24160741 865415 431304 19057276 23729437 PROMOTE AND FACILITATE SERVICES TO WISCONSIN'S PRIVATE NONPROFIT COLLEGES AND UNIVERSITIES. 0 0 1368637 COLLABORATIVE SERVICES - THE WAICU COLLABORATION PROJECT IS A COMPREHENSIVE INITIATIVE TO PERFORM ADMINISTRATIVE SUPPORT FUNCTIONS OF WISCONSIN'S TWENTY-THREE PRIVATE NONPROFIT COLLEGES AND UNIVERSITIES ON A COLLABORATIVE BASIS. THE OBJECTIVES ARE TO SAVE MONEY, TO IMPROVE THE QUALITY OF SERVICES TO STUDENTS, FACULTY, AND STAFF, AND TO SERVE AS A NATIONAL MODEL FOR CONTROLLING COLLEGE COSTS. 450106 STUDENT ACCESS - WAICU HAS ORGANIZED JOINT ADMISSION PROGRAMS SINCE 1978, CURRENTLY LOGGING MORE THAN 300,000 CONTACTS WITH POTENTIAL STUDENTS AND THEIR PARENTS AND COUNSELORS EACH YEAR. WAICU'S ADMISSION PROGRAMS ARE SPECIFICALLY DESIGNED TO REINFORCE THE STUDENT RECRUITMENT EFFORTS OF MEMBERS. WAICU'S ROLE IS TO HIGHLIGHT THE AFFORDABILITY AND OPPORTUNITIES QUALITY OF WISCONSIN'S PRIVATE NONPROFIT COLLEGES AND TO CREATE OPPORTUNITIES FOR STUDENTS AND COUNSELORS TO CONSIDER PRIVATE NONPROFIT COLLEGES. 879476 800904 SCHOLARSHIPS - THE ORGANIZATION AWARDS ON AN ANNUAL BASIS APPROXIMATELY $800,000 TO 120 PRIVATE COLLEGE STUDENTS. IN ADDITION THEY MANAGE SIX ENDOWED SCHOLARSHIP PROGRAMS VALUED AT APPROXIMATELY $20.6 MILLION. THESE SCHOLARSHIPS ALLOW MANY STUDENTS TO CONTINUE THEIR COLLEGE EDUCATION. 430012 430012 3128231 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 40 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X LIZA SIMON 6082045229 122 W WASHINGTON AVENUE NO 700 MADISON WI 53703 SR ANDREA LEE DIRECTOR 1.00 X 0 0 0 CONNIE J BOERST DIRECTOR 1.00 X 0 0 0 H SCOTT BIERMAN DIRECTOR 1.00 X 0 0 0 DANIEL SCHOLZ DIRECTOR 1.00 X 0 0 0 CINDY GNADINGER DIRECTOR 1.00 X 0 0 0 JOHN SWALLOW DIRECTOR 1.00 X 0 0 0 PATRICK T FERRY DIRECTOR 1.00 X 0 0 0 ANDREW MANION DIRECTOR 1.00 X 0 0 0 RENEE HERZING DIRECTOR 1.00 X 0 0 0 BETH BORLAND DIRECTOR 1.00 X 0 0 0 MARK BURSTEIN DIRECTOR 1.00 X 0 0 0 MICHELLE MAJEWSKI DIRECTOR 1.00 X 0 0 0 MICHAEL R LOVELL DIRECTOR 1.00 X 0 0 0 JOHN R RAYMOND DIRECTOR 1.00 X 0 0 0 JEFFREY MORIN DIRECTOR 1.00 X 0 0 0 JOHN WALZ DIRECTOR 1.00 X 0 0 0 CHRISTINE PHARR DIRECTOR 1.00 X 0 0 0 GARWOOD ANDERSON DIRECTOR 1.00 X 0 0 0 KARL SOLIBAKKE DIRECTOR 1.00 X 0 0 0 ZACH P MESSITTE DIRECTOR 1.00 X 0 0 0 BRIAN BRUESS DIRECTOR 1.00 X 0 0 0 GLENA TEMPLE DIRECTOR 1.00 X 0 0 0 DANIEL W JOHNSON DIRECTOR 1.00 X 0 0 0 ROLF WEGENKE PRESIDENT 40.00 X 399384 0 65771 RODNEY L OPSAL RETIRED 123120 SR. VP FOR COLLABORATIVE S 12.00 X 213620 0 57691 REBECCA A LARSON SR. VP FOR ADVOCACY 40.00 X 155651 0 37797 ELIZABETH SIMON SR. VP FOR FINANCE & OPE 40.00 X 131322 0 21496 JENNIFER DEHART STARTED 11921 SR. VP FOR COLLABORATIVE SERVICE 12.00 X 0 0 0 899977 0 182755 4 0 1 0 IBM CORP PO BOX 643600 PITTSBURGH PA 152643600 TECHNOLOGY 210884 HOVDE PROPERTIES 122 W WASHINGTON AVENUE MADISON WI 53703 PROPERTY MANAGEMENT 196974 2 1044100 1044100 MEMBERSHIP DUES 611710 1505044 1505044 MEMBER SERVICES 611710 1137198 1137198 PRIV. COLLEGE WEEK ADVERTISING 611710 94800 94800 2737042 515136 515136 2786777 2520775 266002 266002 266002 4562280 2737042 0 781138 800904 800904 749810 391233 320894 37683 668333 609664 52177 6492 65310 42997 19756 2557 339326 258112 70697 10517 92351 69199 20876 2276 8078 7491 533 54 50590 49391 1088 111 48466 40227 7270 969 181599 178244 3045 310 283729 258802 22622 2305 52673 49341 3024 308 224951 208455 14971 1525 3583 3228 322 33 21383 17775 3274 334 85347 81594 3406 347 DUES AND SUBSCRIPTIONS 56473 46997 8600 876 BANK FEES 11884 10405 1342 137 INCOME TAX 3127 2599 479 49 LICENSES AND FEES 1768 1507 237 24 73 66 6 1 3749758 3128231 554619 66908 2711549 2829447 85500 102000 147409 158066 301387 334000 447517 399693 61627 47824 16615219 20587404 0 102000 19922691 24160741 182257 135982 164212 149762 6920 6730 512026 138830 865415 431304 X 2425661 2834187 16631615 20895250 19057276 23729437 19922691 24160741 812522 3859639 0 X X 0 1 X 1 0 X 552003 806973 526481 517700 1044100 3447257 2887119 2847034 2964115 3200102 2736042 14634412 3439122 3654007 3490596 3717802 3780142 18081669 0 312948 506948 294777 291946 483288 1889907 312948 506948 294777 291946 483288 1889907 16191762 292217 429801 743510 643985 515136 2624649 292217 429801 743510 643985 515136 2624649 3731339 4083808 4234106 4361787 4295278 20706318 0.78200 0.78450 0.12680 0.11780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 202323 202323 2889288 3091611 304581 76145 0 0 332667 319162 320625 304581 1277035 1915553 220934 219872 208636 202323 851765 83167 79791 80156 76145 319259 478889 13894399 222100 3978516 591250 135795 17367970 14019666 294800 205362 625428 13894399 13662996 295800 788921 728051 14019666 13161282 295800 940918 735004 13662996 12149788 295800 1411669 695975 13161282 1.00000 0 0 144701 121661 23040 199315 177110 22205 103501 100922 2579 47824 SCHOLARSHIP OBLIGATION 138830 138830 X 8373453 3859639 3859639 4513814 48466 48466 4562280 3701292 0 3701292 48466 48466 3749758 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS AND PROGRAM SUPPORT. PART X, LINE 2: THE ASSOCIATION HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE ASSOCIATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON THE TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING DURING INTERIM PERIODS. THE ASSOCIATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS AT JUNE 30, 2021 AND 2020. 1 SCHOLARSHIPS 119 750154 INTERN STIPENDS 45 50750 PART I, LINE 2: RECIPIENTS MUST MEET ELIGIBILITY REQUIREMENTS TO RECEIVE GRANTS ADMINISTERED BY WAICU. WAICU REQUIRES THAT THE NECESSARY DOCUMENTATION BE SUBMITTED PRIOR TO ISSUING CHECKS. THE DOCUMENTATION IS REVIEWED BY THE APPROPRIATE WAICU PERSONNEL AND APPROVED FOR DISBURSEMENT OF FUNDS. X X X 0 0 0 0 0 0 0 0 0 ROLF WEGENKE PRESIDENT 399384 0 0 0 0 0 20813 0 44958 0 465155 0 0 0 RODNEY L OPSAL RETIRED 123120 SR. VP FOR COLLABORATIVE S 213620 0 0 0 0 0 9749 0 47942 0 271311 0 0 0 REBECCA A LARSON SR. VP FOR ADVOCACY 155651 0 0 0 0 0 7625 0 30172 0 193448 0 0 0 ELIZABETH SIMON SR. VP FOR FINANCE & OPE 131322 0 0 0 0 0 5384 0 16112 0 152818 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE TWO WEEKS PRIOR TO ITS FALL MEETING. AT THIS MEETING THE COMMITTEE DISCUSSES ANY SUGGESTED CHANGES. THE COMMITTEE THEN VOTES ON WHETHER TO RECOMMEND THAT THE FULL BOARD OF DIRECTORS ACCEPT THE REVISED DRAFT OF THE RETURN. THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS TWO WEEKS PRIOR TO ITS FALL MEETING. THE FULL BOARD OF DIRECTORS VOTES AT THE MEETING TO ACCEPT THE PREPARED FORM 990 FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES COMPLETE A FORM TO DISCLOSE ALL CONFLICTS OF INTEREST. THE COMPLETED AND SIGNED FORMS ARE REVIEWED AND KEPT AT WAICU'S OFFICE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE PRESIDENT. THE COMMITTEE REVIEWS A STUDY PREPARED BY THE CALIFORNIA PRIVATE COLLEGE ASSOCIATION ON BEHALF OF THE NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES STATE EXECUTIVES (NAICUSE) AND ANOTHER STUDY PREPARED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) WHEN CONSIDERING COMPENSATION FOR THE PRESIDENT AND OTHER KEY EMPLOYEES. THE PROCESS WAS LAST UNDERTAKEN IN SPRING 2021. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART XII, LINE 2 C: NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR. WAICU EDUCATIONAL TECHNOLOGY CONSORTIUM INC 122 W WASHINGTON AVENUE SUITE 700 MADISON WI 53703 203202578 PURCHASE/IMPLEMENT IT FOR MEMBERS WI 501(C)(3) LINE 12A, I WAICU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 WAICU EDUCATIONAL TECHNOLOGY CONSORTIUM INC Q 339046 FMV