2020-06-24T13:36:04-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2019-01-01 391356152 SLIPSTREAM GROUP INC SLIP 6082499322 431 CHARMANY DR MADISON WI 53719 FRANK GREB PRESIDENT & CEO 6082499322 2020-06-19 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2020-06-19 67.137.57.251 2020-06-19 12:20:57 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D56E1AE3E365CF93A146BF3DB20B42C83369E87C 2019 2021-01-29 14:40:06Z FRANK GREB 431 CHARMANY DR MADISON WI 53719 48780938 0 X SLIPSTREAMINC.ORG X 1980 WI SLIPSTREAM GROUP, INC. CHAMPIONS AND DELIVERS INNOVATIVE ENERGY INITIATIVES THAT PRODUCE ENDURING ECONOMIC AND ENVIRONMENTAL BENEFITS FOR ALL. 13 13 190 13 0 0 827 1742983 18363843 46273937 123348 600598 3243 -260771 18491261 48356747 0 0 0 0 4365258 14971639 0 0 1698239 14064202 33669546 18429460 48641185 61801 -284438 26886435 43657541 16570233 31209252 10316202 12448289 X SLIPSTREAM GROUP, INC. CHAMPIONS AND DELIVERS INNOVATIVE ENERGY INITIATIVES THAT PRODUCE ENDURING ECONOMIC AND ENVIRONMENTAL BENEFITS FOR ALL. 0 0 33288470 39270934 EFFICIENCY AT SCALE: DESIGN AND IMPLEMENT RESIDENTIAL AND BUSINESS ENERGY EFFICIENCY PROGRAMS FOR UTILITIES AND GOVERNMENT AGENCIES WITH AN EMPHASIS ON PROGRAMS THAT LEAD TO LASTING CHANGES IN ENERGY CONSUMPTION. 1889756 3460590 FINANCING FOR A LOW-CARBON FUTURE: CATALYZE MORE ENERGY SAVINGS BY UNDERWRITING LOANS THAT DRIVE ENERGY EFFICIENCY AND CLEAN ENERGY PROJECTS IN HOMES AND BUSINESSES. SLIPSTREAM SUPPORTS GOVERNMENT AND UTILITY PROGRAMS WITH A FULL SUITE OF FINANCING SERVICES AND ALSO SELF-FUNDS SOME LOANS TO INCREASE INCLUSIVENESS. 1861402 1277972 EMERGING TECHNOLOGIES AND HUMAN FACTORS: RESEARCH ENERGY SYSTEMS IN RESIDENTIAL AND COMMERCIAL BUILDINGS AND REVEAL ACTUAL ENERGY IMPACTS FROM TECHNOLOGIES AND HUMAN BEHAVIOR. SCALE THE BENEFITS OF THESE DISCOVERIES BY DEVELOPING PROGRAMS THAT PROMOTE THE BEST SOLUTIONS. 1590641 2264441 TRAINING AND EDUCATION: TRAIN PROVIDERS AND CONTRACTORS OF LOW INCOME WEATHERIZATION SERVICES. EDUCATE DESIGN PROFESSIONALS AND BUILDING OWNERS/OPERATORS ON THE BEST ENERGY-SAVING TECHNOLOGIES FOR THEIR BUSINESS. SLIPSTREAM TRAINS OVER 10,000 PARTICIPANTS ANNUALLY THROUGH IN-PERSON AND VIRTUAL PROGRAMMING. 1590641 2264441 38630269 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1 279 0 190 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMANDA BERG 6087296941 431 CHARMANY DRIVE MADISON WI 53719 BILL OEMICHEN CHAIR 1.00 X X 0 0 0 PETER KILDE VICE CHAIR 1.00 X X 0 0 0 KATHERINE HAMMACK DIRECTOR 1.00 X 0 0 0 TOM PAQUE DIRECTOR 1.00 X 0 0 0 LORI PETERSON DIRECTOR 1.00 X 0 0 0 KELLY CAIN DIRECTOR 1.00 X 0 0 0 CHRIS SCHOENHERR DIRECTOR 1.00 X 0 0 0 ROGER MUKASA DIRECTOR 1.00 X 0 0 0 JOHN WILSON DIRECTOR 1.00 X 0 0 0 MICHAEL BONERTZ DIRECTOR 1.00 X 0 0 0 INGRID MATTSSON DIRECTOR 1.00 X 0 0 0 KEITH REOPELLE DIRECTOR 1.00 X 0 0 0 BRYAN VAN STIPPEN DIRECTOR 1.00 X 0 0 0 DAVID GILLES DIRECTOR THROUGH SEPTEMBER 1.00 X 0 0 0 REBECCA STANFIELD DIRECTOR THROUGH OCTOBER 1.00 X 0 0 0 ERIC SWANSON DIRECTOR THROUGH OCTOBER 1.00 X 0 0 0 MARY WOOLSEY SCHLAEFER PRESIDENT & CEO 40.00 X 200638 0 12976 TIMOTHY MATHISON SECRETARY & LEGAL COUNSEL 40.00 X 78319 0 8369 AMANDA BERG TREASURER & CHIEF FINANCIAL OFFICER 40.00 X 135150 0 6645 FRANKLIN GREB CHIEF OPERATING OFFICER 40.00 X 177571 0 18227 DOUGLAS BREMICKER EXECUTIVE VICE PRESIDENT OF CLIENT PROGRAMS 40.00 X 155453 0 18452 WARREN LAUBE VICE PRESIDENT OF FINANCE PRODUCTS & SERVICES 40.00 X 160460 0 21300 MARGE ANDERSON EXECUTIVE VICE PRESIDENT OF MARKET & CUSTOMER EMPO 40.00 X 148371 0 6805 DOUGLAS AHL VICE PRESIDENT OF RESEARCH & INNOVATION 40.00 X 123473 0 18893 RICHARD GODFREY DIRECTOR OF ENERGY OPERATIONS 40.00 X 114932 0 9990 SCOTT PIGG PRINCIPAL RESEARCHER 40.00 X 121096 0 6752 KAREN WEIGERT VICE PRESIDENT OF BUSINESS STRATEGY AND REGIONAL O 40.00 X 146979 0 7395 1562442 0 135804 22 0 1 0 SAN MARK SALES 100 DOBBS LANE SUITE 208 CHERRY HILL NJ 08034 IMPLEMENT ENERGY EFFICIENCY PROGRAMS 3439420 GREEN TEAM LI 332B DANTE COURT HOLBROOK NY 11741 IMPLEMENT ENERGY EFFICIENCY PROGRAMS 3212583 LAURY HEATING COOLING LLC 511 PLUM ST VINELAND NJ 08362 IMPLEMENT ENERGY EFFICIENCY PROGRAMS 2385536 HUTCHINSON PLUMBING HEATING AND COOLING 621 CHAPEL AVE CHERRY HILL NJ 08034 IMPLEMENT ENERGY EFFICIENCY PROGRAMS 1529783 KASSELMAN SOLAR LLC 29 BROAD ST ALBANY NY 12202 IMPLEMENT ENERGY EFFICIENCY PROGRAMS 842489 45 1437305 305678 1742983 EFFICIENCY AT SCALE 900099 39270934 39270934 FINANCING FOR A LOW-CARBON FUTURE 900099 3460590 3460590 TRAINING & EDUCATION 900099 2264441 2264441 EMERGING TECHNOLOGIES & HUMAN FAC 900099 1277972 1277972 46273937 620958 620958 45635 306406 -260771 -260771 -260771 97200 225 66138 51647 31062 -51422 -20360 -20360 48356747 46273937 0 339827 1326414 56825 1127280 142309 10735951 6300070 3408517 1027364 685038 360675 257350 67013 1273510 652382 465490 155638 950726 500560 357162 93004 52059 21254 30605 200 92021 705 91316 9188 9188 4003224 3691393 303961 7870 562626 497045 29048 36533 667345 344848 318231 4266 331225 5451 325315 459 411986 1480 410506 428947 185671 132481 110795 346069 171375 122280 52414 99135 99135 493781 493781 150042 26856 123186 ENERGY EFFICIENT INCENT 25582543 25582543 DUES/MEMBERSHIPS 73206 42670 30446 90 ENERGY RATING FEES 48485 48485 317664 139981 177399 284 48641185 38630269 8312677 1698239 1225289 1011209 11892113 26871005 8915677 9799636 1079521 386207 456148 8399605 4992082 3583814 3407523 883335 1032499 26886435 43657541 4384248 5675499 418146 1327229 2624886 2456181 9142953 21750343 16570233 31209252 X 10316202 12448289 10316202 12448289 26886435 43657541 X -284438 126831 2289694 X 0 1 X 1 0 X 50000 45456 14513 827 1742983 1853779 50000 45456 14513 827 1742983 1853779 190956 1662823 184924 174584 169675 122119 360187 1011489 2865268 178654127 0.58030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4902049 2064269 2837780 387230 229425 157805 2570075 2192975 377100 540251 505413 34838 3407523 DEPOSIT LIABILITY 21750343 21750343 X 48786584 126831 357829 484660 48301924 9188 45635 54823 48356747 48944191 357829 357829 48586362 9188 45635 54823 48641185 PART X, LINE 2: SLIPSTREAM GROUP, INC. IS ORGANIZED AS A WISCONSIN NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). SLIPSTREAM IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. SLIPSTREAM MUST RECOGNIZE THE TAX BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED. SLIPSTREAM DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 306,407. GAIN (LOSS) ON SALE OF FIXED ASSETS (RECORDED AS AN EXPENSE IN 2019) 51,422. PART XI, LINE 4B - OTHER ADJUSTMENTS: SUBLEASE REVENUE 45,635. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 306,407. GAIN (LOSS) ON SALE OF FIXED ASSETS (RECORDED AS AN EXPENSE IN 2019) 51,422. PART XII, LINE 4B - OTHER ADJUSTMENTS: SUBLEASE REVENUE 45,635. X X X X 0 0 0 0 0 0 0 0 0 MARY WOOLSEY SCHLAEFER PRESIDENT & CEO 189972 0 10150 0 516 0 7643 0 5333 0 213614 0 0 0 FRANKLIN GREB CHIEF OPERATING OFFICER 176779 0 0 0 792 0 7209 0 11018 0 195798 0 0 0 DOUGLAS BREMICKER EXECUTIVE VICE PRESIDENT OF CLIENT P 152287 0 2650 0 516 0 6264 0 12188 0 173905 0 0 0 WARREN LAUBE VICE PRESIDENT OF FINANCE PRODUCTS & 147318 0 12626 0 516 0 6025 0 15275 0 181760 0 0 0 MARGE ANDERSON EXECUTIVE VICE PRESIDENT OF MARKET & 147855 0 0 0 516 0 5919 0 886 0 155176 0 0 0 KAREN WEIGERT VICE PRESIDENT OF BUSINESS STRATEGY 142829 0 4000 0 150 0 5753 0 1642 0 154374 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 SLIPSTREAM GROUP, INC. WAS FORMED AS A RESULT OF A MERGER BETWEEN TWO UNRELATED NONPROFIT ORGANIZATIONS: WISCONSIN ENERGY CONSERVATION CORPORATION AND SEVENTHWAVE, INC. THE ORGANIZATION CHANGED ITS NAME TO SLIPSTREAM GROUP, INC. AS OF 01/01/2019 FROM WISCONSIN ENERGY CONSERVATION CORPORATION. ALL ORGANIZING DOCUMENTS WERE UPDATED FOR THE NAME CHANGE TO SLIPSTREAM GROUP, INC. THE NEW BYLAWS DID DECREASE THE NUMBER OF CORPORATE OFFICERS BY THE REMOVAL OF A PROVISION GRANTING VICE PRESIDENTS THE ROLE OF EX OFFICIO OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD IS PROVIDED A COPY OF THE RETURN TO REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON A BOARD OF DIRECTORS LEVEL, THE CONFLICT OF INTEREST POLICY IS MONITORED ON AN ANNUAL BASIS BY THE CORPORATE SECRETARY TO MAKE SURE THAT CONFLICT DISCLOSURE AGREEMENTS ARE IN PLACE WITH EACH BOARD MEMBER. THE BOARD MEMBERS MUST SELF-DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST BEFORE ANY DELIBERATION OR VOTE IN WHICH THEY MAY HAVE A MATERIAL FINANCIAL INTEREST IN THE OUTCOME. ACTUAL CONFLICTS ARE REVIEWED BY THE BOARD AND IF AN ACTUAL CONFLICT IS DETERMINED TO EXIST, THE DISCLOSING BOARD MEMBER IS ASKED TO LEAVE THE ROOM DURING THE COURSE OF THE CORRESPONDING DELIBERATION AND ABSTAIN FROM THE VOTE. ANY BOARD MEMBER MAY ALSO INFORM ANY OTHER BOARD MEMBER THAT THEY HAVE REASONABLE CAUSE TO BELIEVE THAT THE LATTER MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FAILURE TO DISCLOSE BEFORE OR DISCOVERY OF SUCH FAILURE AFTER THE TRANSACTION HAS TAKEN PLACE IS PUNISHABLE BY ACTION UP TO AND INCLUDING REMOVAL FROM THE BOARD. OFFICERS ARE ALSO ASKED TO REVIEW AND SIGN THE CORPORATION'S CONFLICT OF INTEREST POLICY, WHICH IS SUBSTANTIALLY SIMILAR TO THAT OF THE BOARD OF DIRECTOR'S IN SCOPE AND APPLICATION. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL AND COMPENSATION COMMITTEE IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE PRESIDENT & CEO AND RECOMMENDING SALARY ADJUSTMENTS TO THE BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION FOR ALL EMPLOYEES, INCLUDING OFFICERS, ARE REVIEWED AT LEAST BIENNIALLY USING MARKET COMPARABLE DATA, INCLUDING SURVEYS AND OUTSIDE CONSULTANTS. COMPENSATION FOR EMPLOYEES IS TO ALIGN WITH OUR COMPENSATION PHILOSOPHY ESTABLISHED BY HR AND THE LEADERSHIP TEAM. THE PERSONNEL AND COMPENSATION COMMITTEE CAN ALSO PROVIDE INPUT TO THE PRESIDENT & CEO ON THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: MERGER WITH SEVENTHWAVE, INC. 2,289,694.