2020-03-20T16:14:56-05:00 2019-09-30 390758449 WIPFLI LLP PO BOX 8700 MADISON WI 537088700 990 2018-10-01 264682326 CENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND INC CENT 7153407930 722 TRAVELER LANE MADISON WI 53718 KEN MAULE PRESIDENT 7153437500 2020-03-19 1 JEAN CHRISTENSEN P00368719 6082741980 2020-03-19 108.67.179.172 2020-03-19 10:39:26 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B5AD917698A966612AE7A77B4536F2DC0D4C4089 2018 2021-09-10 13:11:23Z X KEN MAULE 722 TRAVELER LANE MADISON WI 53718 333038 0 X WWW.CWEDFUND.COM X 2009 WI TO 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. 14 14 0 22 0 0 0 0 180109 203439 95965 129599 0 0 276074 333038 0 0 0 0 0 0 0 0 0 284274 236485 284274 236485 -8200 96553 11695207 11792559 22352 23151 11672855 11769408 X TO 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. 0 0 195157 0 203439 THE 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. 195157 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X KRISTEN FISH-PETERSON 7153407930 722 TRAVELER LANE MADISON WI 53718 X STEVE BARG BOARD MEMBER 1.00 X 0 0 0 JAMES DEBAUCHE BOARD MEMBER (THRU APRIL) 1.00 X 0 0 0 BOB EGAN BOARD MEMBER 1.00 X 0 0 0 JEFF GATES BOARD MEMBER 1.00 X 0 0 0 CHRIS HOLMAN BOARD MEMBER 1.00 X 0 0 0 RYAN KERNOSKY BOARD MEMBER 1.00 X 0 0 0 CHARLES KORNACK BOARD MEMBER 1.00 X 0 0 0 ADAM REKAU BOARD MEMBER 1.00 X 0 0 0 VICKI RESECH BOARD MEMBER 1.00 X 0 0 0 GAYLENE RHODEN BOARD MEMBER 1.00 X 0 0 0 MIKE STEELE BOARD MEMBER 1.00 X 0 0 0 TANYA WALSH-LAEHN BOARD MEMBER 1.00 X 0 0 0 JAMES WARSAW BOARD MEMBER (THRU MAY) 1.00 X 0 0 0 RICHARD HOLDEN PRESIDENT (THRU JANUARY) 1.00 X X 0 0 0 KEN MAULE PRESIDENT (BEG FEBRUARY) 1.00 X X 0 0 0 ZACH VRUWINK VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL OSTROWSKI SECRETARY (THRU AUGUST) 1.00 X X 0 0 0 JASON GRUENEBERG TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 CAP SERVICES INC 2900 HOOVER ROAD STE A STEVENS POINT WI 54481 LOAN FUND ADMINISTRATION 131391 1 INTEREST INCOME-LOANS 522291 192548 192548 OTHER FEES 522291 6131 6131 LOAN FEES 522291 4760 4760 203439 129599 129599 333038 203439 0 129599 X 11082 5541 5541 8000 8000 227178 204460 22718 440 440 5069 5069 LOAN ORIGINATION 840 840 PROVISION FOR LOAN LOSS -16650 -16650 526 526 236485 195157 41328 0 25603 24884 6585491 7210621 5074006 4544992 3786 3848 6321 8214 11695207 11792559 22352 23151 22352 23151 X 11672855 11769408 11672855 11769408 11695207 11792559 96553 0 X 1 X 0 1 0 0 X PART X, LINE 2: CENTRAL 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. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C CONFLICT 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G LOAN SERVICING FEES: PROGRAM SERVICE EXPENSES 204,460. MANAGEMENT AND GENERAL EXPENSES 22,718. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 227,178.