2017-11-22T12:40:26-06:00 2017-06-30 390758449 Wipfli LLP 43A West Davenport Street Rhinelander WI 54501 990 2016-07-01 237112418 NICOLET COLLEGE FOUNDATION NICO 7153654518 PO BOX 518 RHINELANDER WI 54501 Heather Schallock Executive Director 7153654518 2017-11-15 1 Randall H Beard CPA P00023289 7153691040 2017-11-15 66.191.108.154 2017-11-15 15:45:13 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5B7B3DA849BFB244D22C659C3E15BBAAC86D5240 2016 2017-02-10 21:41:12Z Heather Schallock PO BOX 518 RHINELANDER WI 54501 644318 0 X n/a X 1971 WI PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 14 12 0 48 0 0 282385 288033 0 0 38965 35911 3162 1447 324512 325391 301509 276720 0 0 0 0 0 0 0 33334 41356 334843 318076 -10331 7315 2358931 2486472 583 7611 2358348 2478861 PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 0 0 276720 276720 PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING NICOLET COLLEGE 276720 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 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 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X Heather Schallock 7153654518 PO Box 518 Rhinelander WI 54501 Bob Martini President 1.00 X X 0 0 0 Sally Mode Vice president 1.00 X X 0 0 0 Aaron Panke Secretary 1.00 X X 0 74259 37053 Jim Dyreby Treasurer 1.00 X X 0 0 0 Jim Brown Board Member 1.00 X 0 0 0 Christine Ebert Board Member 1.00 X 0 0 0 Paul Knuth Board Member 1.00 X 0 0 0 Bruce Kotila Board Member 1.00 X 0 0 0 Nancy Prisk Board Member 1.00 X 0 0 0 John Schiek Board Member 1.00 X 0 0 0 Linda Skallerud Board Member 1.00 X 0 0 0 Heather Schallock Executive Director 40.00 X X 0 68025 36677 Gretchen Hoover Board Member 1.00 X 0 0 0 Kathy Rankin board member 1.00 X 0 0 0 Chris Rog board Member 1.00 X 0 0 0 Anna Gane Student Member 1.00 X 0 0 0 0 142284 73730 0 0 0 0 0 288033 288033 35911 35911 317412 317412 0 0 2962 1515 1447 1447 325391 0 0 37358 276720 276720 685 685 8077 8077 4860 4860 2838 2838 5516 5516 1853 1853 Subscriptions and Membe 11177 11177 Board Expenses 717 717 5633 5633 318076 276720 41356 0 392691 407011 533415 607011 947845 986480 484980 485970 2358931 2486472 583 7611 583 7611 X 945968 999340 989364 1046505 423016 433016 2358348 2478861 2358931 2486472 7315 113198 0 X X 0 1 X 1 0 X 436955 425439 303351 282985 288033 1736763 129592 134129 139596 133791 136987 674095 566547 559568 442947 416776 425020 2410858 217914 2192944 26629 23405 14705 38965 35911 139615 1260 22 375 1657 2552130 0.85930 0.89460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 533630 11120 30504 23251 2552 549451 538876 9963 4288 20959 -1462 533630 531238 10890 7281 10533 538876 463546 27963 52804 13075 531238 331884 119266 24076 12418 463546 0.77900 0.22100 0 0 0 Assets Held For Resale 480300 Accrued Interest Receivable 5670 485970 X 569014 113198 136987 250185 318829 8077 -1515 6562 325391 448501 136987 1515 138502 309999 8077 8077 318076 Part X, Line 2: The Foundation is a nonprofit corporation as described in Section 501(c)(3) of the Internal Revenue Code (the Code) and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. The Foundation is also exempt from state income taxes on related income. The Foundation is required to assess whether it is more likely than not that a tax position will be sustained upon examination on 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 that position is not recognized in the financial statements. The Foundation has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. Part XI, Line 4b - Other Adjustments: Fundraising Expenses Part XII, Line 2d - Other Adjustments: Fundraising Expenses Schedule D Part XIII FORM 990, SCHEDULE D, PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES: $1,515 FORM 990, SCHEDULE D, PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES: $1,515 1 Scholarships 271 276720 Form 990, Part VI, Section B, line 11b The 990 is reviewed by the Executive Director and available for review by the full board at its quarterly meeting. Form 990, Part VI, Section B, line 12c The policy is monitored by the governance of the board. Board members and employees sign the conflict of interest statement annually. Form 990, Part VI, Section B, line 15a The process for determining compensation of the executive director is subject to the compensation, review, and approval process in place for Nicolet Area Technical College employees. Form 990, Part VI, Section C, line 19 The Foundation's governing documents, conflict of interst policy, and financial statements are available upon request by the public at its office at 5364 College Drive, Rhinelander, Wisconsin. FORM 990, PART XII, LINE 2C NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. Nicolet Area Technical College 3564 College Drive Rhinelander WI 54501 391086910 Technical College WI 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Nicolet Technical College N 4500 Fair Market Value Nicolet Technical College O 132487 Fair Market Value