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CENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND INC (EIN 26-4682326)
Tax period
2018-10-01 to 2019-09-30
Filed
2020-03-20
IRS object ID
202000809349300040
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-03-20T16:14:56-05:00ReturnTs
Tax Period End2019-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390758449PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WIPFLI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 8700AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537088700ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264682326EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CENTRAL WISCONSIN ECONOMICBusinessNameLine1Txt
Business Name Line2DEVELOPMENT FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCENTBusinessNameControlTxt
Phone7153407930PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1722 TRAVELER LANEAddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53718ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEN MAULEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7153437500PhoneNum
Signature2020-03-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEAN CHRISTENSENPreparerPersonNm
PTINP00368719PTIN
Phone6082741980PhoneNum
Preparation2020-03-19PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address108.67.179.172IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-03-19IPDt
IP Tm10:39:26IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdB5AD917698A966612AE7A77B4536F2DC0D4C4089AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-09-10 13:11:23ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerKEN MAULEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1722 TRAVELER LANEAddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53718ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$333,038GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CWEDFUND.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionTO PROVIDE BUSINESS LOANS THAT WILL CREATE AND RETAIN PERMANENT JOBS WITH QUALITY WAGES AND BENEFITS, TO PROMOTE A DIVERSE MIX OF EMPLOYMENT OPPORTUNITIES, TO PERPETUATE POSITIVE AND PROACTIVE BUSINESS CLIMATES WHICH ENCOURAGE THE RETENTION AND EXPANSION OF EXISTING BUSINESSES AND TO HELP ATTRACT DESIRABLE NEW BUSINESSES.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$180,109PYProgramServiceRevenueAmt
CY Program Service Revenue$203,439CYProgramServiceRevenueAmt
PY Investment Income$95,965PYInvestmentIncomeAmt
CY Investment Income$129,599CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$276,074PYTotalRevenueAmt
CY Total Revenue$333,038CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$284,274PYOtherExpensesAmt
CY Other Expenses$236,485CYOtherExpensesAmt
PY Total Expenses$284,274PYTotalExpensesAmt
CY Total Expenses$236,485CYTotalExpensesAmt
PY Revenues Less Expenses-$8,200PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$96,553CYRevenuesLessExpensesAmt
Total Assets BOY$11,695,207TotalAssetsBOYAmt
Total Assets EOY$11,792,559TotalAssetsEOYAmt
Total Liabilities BOY$22,352TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,151TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,672,855NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,769,408NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE BUSINESS LOANS THAT WILL CREATE AND RETAIN PERMANENT JOBS WITH QUALITY WAGES AND BENEFITS, TO PROMOTE A DIVERSE MIX OF EMPLOYMENT OPPORTUNITIES, TO PERPETUATE POSITIVE AND PROACTIVE BUSINESS CLIMATES WHICH ENCOURAGE THE RETENTION AND EXPANSION OF EXISTING BUSINESSES AND TO HELP ATTRACT DESIRABLE NEW BUSINESSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$195,157ExpenseAmt
Grant$0GrantAmt
Revenue$203,439RevenueAmt
DescTHE ORGANIZATION PROVIDES BUSINESS LOANS THAT WILL CREATE AND RETAIN PERMANENT JOBS WITH QUALITY WAGES AND BENEFITS, PROMOTE A DIVERSE MIX OF EMPLOYMENT OPPORTUNITIES, PERPETUATE POSITIVE AND PROACTIVE BUSINESS CLIMATES WHICH ENCOURAGE THE RETENTION AND EXPANSION OF EXISTING BUSINESSES AND HELP ATTRACT DESIRABLE NEW BUSINESSES.DURING THE YEAR, THE ORGANIZATION PROVIDED NEW LOANS TOTALING $917,500 TO 5 BUSINESSES.Desc
Total Program Service Expenses$195,157TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KRISTEN FISH-PETERSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7153407930PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1722 TRAVELER LANEAddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53718ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
STEVE BARG
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES DEBAUCHE
BOARD MEMBER (THRU APRIL)1.00Yes (X)$0$0$0
BOB EGAN
BOARD MEMBER1.00Yes (X)$0$0$0
JEFF GATES
BOARD MEMBER1.00Yes (X)$0$0$0
CHRIS HOLMAN
BOARD MEMBER1.00Yes (X)$0$0$0
RYAN KERNOSKY
BOARD MEMBER1.00Yes (X)$0$0$0
CHARLES KORNACK
BOARD MEMBER1.00Yes (X)$0$0$0
ADAM REKAU
BOARD MEMBER1.00Yes (X)$0$0$0
VICKI RESECH
BOARD MEMBER1.00Yes (X)$0$0$0
GAYLENE RHODEN
BOARD MEMBER1.00Yes (X)$0$0$0
MIKE STEELE
BOARD MEMBER1.00Yes (X)$0$0$0
TANYA WALSH-LAEHN
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES WARSAW
BOARD MEMBER (THRU MAY)1.00Yes (X)$0$0$0
RICHARD HOLDEN
PRESIDENT (THRU JANUARY)1.00Yes (X)$0$0$0Yes (X)
KEN MAULE
PRESIDENT (BEG FEBRUARY)1.00Yes (X)$0$0$0Yes (X)
ZACH VRUWINK
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MICHAEL OSTROWSKI
SECRETARY (THRU AUGUST)1.00Yes (X)$0$0$0Yes (X)
JASON GRUENEBERG
TREASURER1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAP SERVICES INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 HOOVER ROAD STE AAddressLine1Txt
CitySTEVENS POINTCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54481ZIPCd
FieldValueIRS element (for citing)
ServicesLOAN FUND ADMINISTRATIONServicesDesc
Compensation$131,391CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST INCOME-LOANS522291$192,548$192,548
OTHER FEES522291$6,131$6,131
LOAN FEES522291$4,760$4,760
FieldValueIRS element (for citing)
Total Program Service Revenue$203,439TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$129,599TotalRevenueColumnAmt
Exclusion$129,599ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$333,038TotalRevenueColumnAmt
Related Or Exempt Func Income$203,439RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$129,599ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,082TotalAmt
Program Services$5,541ProgramServicesAmt
Management And General$5,541ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,000TotalAmt
Management And General$8,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$227,178TotalAmt
Program Services$204,460ProgramServicesAmt
Management And General$22,718ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$440TotalAmt
Program Services$440ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,069TotalAmt
Management And General$5,069ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
LOAN ORIGINATION$840$840
PROVISION FOR LOAN LOSS-$16,650-$16,650

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$526TotalAmt
Program Services$526ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$236,485TotalAmt
Program Services$195,157ProgramServicesAmt
Management And General$41,328ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$25,603BOYAmt
EOY$24,884EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,585,491BOYAmt
EOY$7,210,621EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$5,074,006BOYAmt
EOY$4,544,992EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,786BOYAmt
EOY$3,848EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,321BOYAmt
EOY$8,214EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,695,207BOYAmt
EOY$11,792,559EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,352BOYAmt
EOY$23,151EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,352BOYAmt
EOY$23,151EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,672,855BOYAmt
EOY$11,769,408EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,672,855BOYAmt
EOY$11,769,408EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,695,207BOYAmt
EOY$11,792,559EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$96,553ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationCENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND, INC. (CWED) IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. CWED RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST STATEMENTS ARE COMPLETED OR UPDATED ANNUALLY BY THE BOARD OF DIRECTORS. ANY INDIVIDUAL WITH AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST IS RECUSED FROM DISCUSSION AND VOTING ON THE MATTER TO WHICH THE CONFLICT RELATES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GLOAN SERVICING FEES: PROGRAM SERVICE EXPENSES 204,460. MANAGEMENT AND GENERAL EXPENSES 22,718. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 227,178.

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