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CENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
CENTRAL WISCONSIN ECONOMIC DEVELOPMENT FUND INC (EIN 26-4682326)
Tax period
2017-10-01 to 2018-09-30
Filed
2018-12-19
IRS object ID
201813539349300011
Schema version
2017v2.3
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)
Return2018-12-19T09:36:31-06:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt

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 Begin2017-10-01TaxPeriodBeginDt

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
Phone7153437500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 HOOVER ROAD NO STE AAddressLine1Txt
CitySTEVENS POINTCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54481ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEN MAULEPersonNm
Person TitleACTING PRESIDENTPersonTitleTxt
Phone7153437500PhoneNum
Signature2018-12-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEAN CHRISTENSENPreparerPersonNm
PTINP00368719PTIN
Phone6082741980PhoneNum
Preparation2018-12-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address216.54.158.12IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-12-17IPDt
IP Tm12:59:45IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdD39DFCF308E29798099C6E98D97B6F6C3915D4BAAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKEN MAULEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 HOOVER ROAD NO STE AAddressLine1Txt
CitySTEVENS POINTCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54481ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$276,074GrossReceiptsAmt
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 Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
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$180,517PYProgramServiceRevenueAmt
CY Program Service Revenue$180,109CYProgramServiceRevenueAmt
PY Investment Income$37,388PYInvestmentIncomeAmt
CY Investment Income$95,965CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$217,905PYTotalRevenueAmt
CY Total Revenue$276,074CYTotalRevenueAmt
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$859,480PYOtherExpensesAmt
CY Other Expenses$284,274CYOtherExpensesAmt
PY Total Expenses$859,480PYTotalExpensesAmt
CY Total Expenses$284,274CYTotalExpensesAmt
PY Revenues Less Expenses-$641,575PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$8,200CYRevenuesLessExpensesAmt
Total Assets BOY$11,705,587TotalAssetsBOYAmt
Total Assets EOY$11,695,207TotalAssetsEOYAmt
Total Liabilities BOY$24,532TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,352TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,681,055NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,672,855NetAssetsOrFundBalancesEOYAmt
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$237,181ExpenseAmt
Grant$0GrantAmt
Revenue$180,109RevenueAmt
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 $1,344,700 TO 7 BUSINESSES. THESE LOANS ARE EXPECTED TO CREATE 23 JOBS.Desc
Total Program Service Expenses$237,181TotalProgramServiceExpensesAmt
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 StmtYes (1)IndependentAuditFinclStmtInd
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 Document4IRPDocumentCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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 Line1SUSAN HENRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7153437500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12900 HOOVER ROAD STE AAddressLine1Txt
CitySTEVENS POINTCityNm
State AbbreviationWIStateAbbreviationCd
ZIP54481ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 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
PAULA CUMMINGS
BOARD MEMBER (THRU MAY)1.00Yes (X)$0$0$0
JAMES DEBAUCHE
BOARD MEMBER1.00Yes (X)$0$0$0
PATTY DREIER
BOARD MEMBER (THRU FEB)1.00Yes (X)$0$0$0
BOB EGAN
BOARD MEMBER1.00Yes (X)$0$0$0
JEFF GATES
BOARD MEMBER1.00Yes (X)$0$0$0
DAN GUILD
BOARD MEMBER (THRU AUGUST)1.00Yes (X)$0$0$0
CHRIS HOLMAN
BOARD MEMBER1.00Yes (X)$0$0$0
CHARLES KORNACK
BOARD MEMBER1.00Yes (X)$0$0$0
PAUL MILLAN
BOARD MEMBER (THRU APRIL)1.00Yes (X)$0$0$0
ADAM REKAU
BOARD MEMBER1.00Yes (X)$0$0$0
GAYLENE RHODEN
BOARD MEMBER1.00Yes (X)$0$0$0
ZACH VRUWINK
BOARD MEMBER1.00Yes (X)$0$0$0
TANYA WALSH-LAEHN
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES WARSAW
BOARD MEMBER1.00Yes (X)$0$0$0
RICHARD HOLDEN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
JASON ANGELL
VICE PRESIDENT (THRU DECEMBER)1.00Yes (X)$0$0$0Yes (X)
KEN MAULE
VICE PRESIDENT (BEG JANUARY)1.00Yes (X)$0$0$0Yes (X)
MICHAEL OSTROWSKI
SECRETARY1.00Yes (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$256,327CompensationAmt
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$163,907$163,907
LOAN FEES522291$13,447$13,447
OTHER FEES522291$2,755$2,755
FieldValueIRS element (for citing)
Total Program Service Revenue$180,109TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,965TotalRevenueColumnAmt
Exclusion$95,965ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$276,074TotalRevenueColumnAmt
Related Or Exempt Func Income$180,109RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$95,965ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,862TotalAmt
Program Services$8,931ProgramServicesAmt
Management And General$8,931ManagementAndGeneralAmt

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$255,268TotalAmt
Program Services$229,741ProgramServicesAmt
Management And General$25,527ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,635TotalAmt
Management And General$4,635ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
LOAN ORIGINATION$470$470
PROVISION FOR LOAN LOSS-$2,881-$2,881

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$920TotalAmt
Program Services$920ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$284,274TotalAmt
Program Services$237,181ProgramServicesAmt
Management And General$47,093ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$25,686BOYAmt
EOY$25,603EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,517,374BOYAmt
EOY$6,585,491EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$5,151,421BOYAmt
EOY$5,074,006EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,576BOYAmt
EOY$3,786EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,530BOYAmt
EOY$6,321EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,705,587BOYAmt
EOY$11,695,207EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,532BOYAmt
EOY$22,352EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,532BOYAmt
EOY$22,352EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,681,055BOYAmt
EOY$11,672,855EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,681,055BOYAmt
EOY$11,672,855EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,705,587BOYAmt
EOY$11,695,207EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$8,200ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
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
Total Rev Etc Audited Fincl Stmt$276,074TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$276,074RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$276,074TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$284,274TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$284,274ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$284,274TotalExpensesPerForm990Amt

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 229,741. MANAGEMENT AND GENERAL EXPENSES 25,527. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 255,268.

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