2017-05-11T17:23:04-05:00 2016-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 777 E WISCONSIN AVENUE 32ND FLOOR MILWAUKEE WI 53202 990 2015-07-01 273167963 ICS SUPPORT ORGANIZATION INC ICSS 4145256100 10405 WEST ST MARTINS ROAD FRANKLIN WI 53132 JOSEPH S QUINN SECRETARY/TREASURER 4145256100 2017-05-09 1 TROY E MARINE CPA P00187863 4147775500 2017-05-06 2015 2021-01-29 14:40:06Z JANE STROMWALL 10405 WEST ST MARTINS ROAD FRANKLIN WI 53132 67651975 0 X N/A X 2010 WI TO PROVIDE SUPPORT TO THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. 5 3 0 0 73872 68104 0 0 0 0 26389057 22122943 0 0 26389057 22122943 19164088 12027730 0 0 145500 162000 0 0 0 2320259 2501361 21629847 14691091 4759210 7431852 471603996 470586856 768852 612266 470835144 469974590 THE ICS SUPPORT ORGANIZATION WAS CREATED TO SUPPORT AND BENEFIT THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS). THE ICS SUPPORT ORGANIZATION HOLDS, INVESTS, AND MANAGES ASSETS THAT SERVE TO SUPPORT AND FUND THE CONTINUOUS OPERATION OF ICS. 0 0 12027730 12027730 ICS SUPPORT ORGANIZATION'S SOLE PROGRAM SERVICE ACTIVITY IS TO HOLD, INVEST, AND MANAGE ASSETS THAT SERVE TO SUPPORT AND FUND THE CONTINUOUS OPERATION OF THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS).ALL FUNDS GRANTED TO ICS ARE USED TO FURTHER THE ORGANIZATION'S MISSION. ICS PROVIDES CHILDREN WITH THE BEST OPPORTUNITIES TO DEVELOP SPIRITUALLY, EMOTIONALLY, PHYSICALLY, SOCIALLY, ARTISTICALLY AND INTELLECTUALLY. THE SCHOOL SERVES APPROXIMATELY 315 STUDENTS AND PROVIDES ELEMENTARY SCHOOL CLASSES AND VARIOUS CULTURAL AND EDUCATIONAL ACTIVITIES TO NATIVE AMERICAN CHILDREN AND FAMILIES. 12027730 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 0 0 0 X THOMAS OECHLER 4145256172 10405 WEST ST MARTINS ROAD FRANKLIN WI 53132 X JANE STROMWALL CHAIR 12.00 0.00 X X 32000 0 0 DAVID JW KLAUSER VICE CHAIR 3.00 0.00 X X 29000 0 0 JOSEPH S QUINN SECRETARY/TREASURER 12.00 0.00 X X 32000 0 0 BLAINE RIEKE BOARD MEMBER 3.00 0.00 X 29000 0 0 THOMAS BUESTRIN BOARD MEMBER 3.00 0.00 X 29000 0 0 DIANE AMOUR EX-OFFICIO BOARD MEMBER 2.00 28.00 X 0 41604 0 151000 41604 0 0 0 0 0 JP MORGAN ASSET MANAGEMENT 116 INVERNESS DRIVE EAST ENGLEWOOD CO 80112 INVESTMENT MANAGEMENT 1038133 RUSSELL INVESTMENTS 1301 2ND AVENUE SEATTLE WA 98101 INVESTMENT MANAGEMENT 579481 MARQUETTE ASSOCIATES INC N LASALLE STREET SUITE 3500 CHICAGO IL 60601 INVESTMENT MANAGEMENT 165000 HENDERSON GENEVA CAPITAL MANAGEMENT 100 E WISCONSIN AVENUE SUITE 2550 MILWAUKEE WI 53202 INVESTMENT MANAGEMENT 139383 WELLINGTON TRUST COMPANY NA 280 CONGRESS STREET BOSTON MA 02210 INVESTMENT MANAGEMENT 127676 5 8284660 73872 8210788 59367315 45529032 13838283 13838283 13838283 22122943 0 73872 22049071 12027730 12027730 162000 162000 13634 13634 23373 23373 2333186 2333186 10600 10600 318 318 1130 1130 8193 8193 ADMINISTRATIVE FEE 84800 84800 UNRELATED BUSINESS INCO 26127 26127 14691091 12027730 2663361 0 103542 117657 42267913 3805910 20573 21602 118538030 146326812 297587424 320227724 13086514 87151 471603996 470586856 568931 582284 199921 29982 768852 612266 X 470835144 469974590 470835144 469974590 471603996 470586856 7431852 -8292406 0 X X 0 1 X 1 0 X X X 1 INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC 391154960 2 1 12027730 0 1 12027730 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 3806493 0 0 0 11138034 0 14944527 0 0 0 2126520 0 0 0 12818007 0 464540920 0 38008 0 12886603 0 477465531 0 0 0 0 477465531 0 7161983 0 470303548 0 16460624 0 0 0 16460624 0 12818007 10895306 16460624 16460624 0 16460624 12027730 0 304051 0 0 0 12331781 12027730 16460624 73.070000000000 16460624 0 0 4306786 4306786 0 4306786 0 12331781 0 12153838 177943 0 0 177943 0 0 177943 PART IV, SECTION D, LINE 3: THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE IS RESERVED THE RIGHT TO APPOINT BOTH A VOTING MEMBER AND A NON-VOTING, EX-OFFICIO MEMBER TO THE ICS SUPPORT ORGANIZATION, INC. BOARD OF DIRECTORS. THE EX-OFFICIO BOARD MEMBER, WHO LIKEWISE SITS ON THE SUPPORTED ORGANIZATION'S BOARD OF DIRECTORS AS A VOTING MEMBER, HAS THE RESPONSIBILITY OF ENSURING THAT ICS SUPPORT ORGANIZATION IS APPRISED OF THE SCHOOL'S ACTIVITIES AND FINANCIAL NEEDS. ALL INVESTMENT POLICY DECISIONS AND SIGNIFICANT DECISIONS RELATING TO THE USE OF THE ICS SUPPORT ORGANIZATION'S INCOME AND ASSETS ARE MADE BY THE ICS SUPPORT ORGANIZATION BOARD AND ARE DOCUMENTED IN BOARD MINUTES. THE SCHOOL-APPOINTED VOTING BOARD MEMBER (THE SCHOOL'S DIRECTOR) AND THE EX-OFFICIO BOARD MEMBER PARTICIPATE IN THE BOARD MEETINGS AND ADVISE ON THESE DECISIONS AND HOW THEY IMPACT THE SUPPORTED ORGANIZATION, THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE. FINALLY, THE ICS SUPPORT ORGANIZATION, INC. AND THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE CONDUCT A JOINT BOARD MEETING ONCE A YEAR. ATTENTIVENESS AND RESPONSIVENESS TESTS MET. SCHEDULE A, PART V, SECTION D, LINE 8: ICS SUPPORT ORGANIZATION, INC. MEETS BOTH THE ATTENTIVENESS AND RESPONSIVENESS TEST FOR THE YEAR ENDING JUNE 30, 2016. ATTENTIVENESS TEST: IN 2015, THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE RECEIVED IN EXCESS OF 90% OF ITS TOTAL SUPPORT FROM THE ICS SUPPORT ORGANIZATION, INC. RESPONSIVENESS TEST: THE ICS SUPPORT ORGANIZATION INC. MET BOTH OF THE TESTS SET FORTH IN FORM 990, SCHEDULE A, PART IV, SECTION D, LINES 2 AND 3. 0 PRIVATE EQUITY FUNDS 70341018 F PRIVATE REAL ESTATE FUNDS 94761687 F OTHER PRIVATE EQUITY 10918076 F LOAN FUNDS 23340121 F LTD PARTNERSHIP INVESTMENTS 120866822 F 320227724 INTER-COMPANY PAYABLE 29982 29982 X 11497351 -8292406 -8292406 19789757 2333186 2333186 22122943 12357905 0 12357905 2333186 2333186 14691091 PART X, LINE 2: THE SCHOOL FOLLOWS ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. THE SCHOOL HAS PROCESSES IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS, TO IDENTIFY AND REPORT UNRELATED INCOME, TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS, AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE TAX YEARS ENDING JUNE 30, 2013, 2014, 2015 AND 2016 ARE STILL OPEN TO AUDIT FOR FEDERAL AND STATE PURPOSES. THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PARTS XI & XII: THE ICS SUPPORT ORGANIZATION'S FINANCIAL STATEMENTS ARE CONSOLIDATED WITH THOSE OF THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. THE PARTS XI AND XII RECONCILIATION ON SCHEDULE D AGREES TO THE SUPPORT ORGANIZATION'S FINANCIAL INFORMATION CONTAINED IN THE SUPPLEMENTAL INFORMATION TO THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. EUROPE INVESTMENTS 4453145 0 0 0 0 0 0 4453145 0 4453145 1 0 1 1 1 0 FORM 990, SCHEDULE F, PART IV: ICS SUPPORT ORGANIZATION INVESTS IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE ORGANIZATION'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621, 8865. TO THE EXTENT THAT THE ORGANIZATION IS REQUIRED TO COMPLETE ONE OF THESE FOREIGN FORMS, IT HAS BEEN FILED WITH THE ORGANIZATION'S ANNUAL FORM 990-T. 1 INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC 10405 W ST MARTINS ROAD FRANKLIN WI 53132 391154960 501(C )(3) 12027730 FUND ALL OPERATIONS OF THE SCHOOL 1 PART I, LINE 2: ICS SUPPORT ORGANIZATION WORKS CLOSELY WITH THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS) TO UNDERSTAND THE NEEDS OF THE ORGANIZATION. ICS REGULARLY PROVIDES SCHOOL FINANCIAL INFORMATION TO THE SUPPORT ORGANIZATION. THE SUPPORT ORGANIZATION BOARD PERIODICALLY IS PRESENTED WITH INFORMATIONAL UPDATES ON ICS OPERATIONS FROM THE SUPPORT ORGANIZATION'S EX-OFFICIO DIRECTOR, WHO ALSO SERVES AS AN ICS DIRECTOR. THE SUPPORT ORGANIZATION AND ICS CONDUCT JOINT BOARD MEETINGS AT LEAST ONCE A YEAR. ALSO, THE SUPPORT ORGANIZATION BOARD IS ANNUALLY PROVIDED WITH A COPY OF ICS'S FORM 990 AND AUDIT REPORT. FORM 990, PART VI, SECTION A, LINE 7A THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. SHALL APPOINT ONE VOTING AND ONE NON-VOTING (EX OFFICIO) MEMBER TO SERVE ON THE ICS SUPPORT ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN ACTIONS OF THE BOARD, INCLUDING AMENDING THE ARTICLES OF INCORPORATION AND/OR BYLAWS, DISSOLVING OR MERGING THE ICS SUPPORT ORGANIZATION, REQUIRE A TWO-THIRDS MAJORITY OF THE VOTING DIRECTORS, INCLUDING THE CONSENT OF THE VOTING BOARD DIRECTOR APPOINTED BY THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 (INCLUDING REQUIRED SCHEDULES) IS PROVIDED TO EACH BOARD MEMBER IN DRAFT FORM FOR REVIEW AT A BOARD MEETING, WITH A FINAL VERSION DISTRIBUTED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES EACH INDIVIDUAL TO REVIEW THE POLICY AND COMPLETE A DISCLOSURE STATEMENT ON AN ANNUAL BASIS. IN ADDITION, EACH INDIVIDUAL IS REQUIRED THROUGHOUT THE YEAR TO MAKE DISCLOSURES BEFORE THE BOARD CONSIDERS A MATTER IN WHICH THE INDIVIDUAL MAY HAVE CONFLICT OF INTEREST. FOLLOWING AN INDIVIDUAL'S DISCLOSURE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, SHALL DETERMINE THE PROPER COURSE OF ACTION WHICH GENERALLY SHALL INCLUDE ABSTENTION FROM ANY FUTURE VOTE ON THE MATTER BY THE INDIVIDUAL WITH THE CONFLICT. ADDITIONALLY, THE INDIVIDUAL WILL PROVIDE ANY INFORMATION REQUESTED BY THE BOARD OF DIRECTORS WITH RESPECT TO THE CONFLICT OF INTEREST, MAY BE ASKED TO LEAVE THE ROOM DURING ANY FUTURE DISCUSSIONS AND VOTES OF THE MATTER AND GENERALLY SHALL ABSTAIN FROM ANY VOTE. DISCOVERY OF POTENTIAL AND ACTUAL CONFLICTS AFTER A TRANSACTION HAS OCCURRED WILL BE REPORTED TO THE BOARD OF DIRECTORS TO DETERMINE THE PROPER MANNER IN WHICH TO ADDRESS ANY POTENTIAL OR ACTUAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ICS SUPPORT ORGANIZATION BOARD OF DIRECTORS, THROUGH AN INDEPENDENT CONSULTANT, CONDUCTED AN ANALYSIS OF MARKET DATA TO DETERMINE BOARD OF DIRECTOR COMPENSATION. THE ICS SUPPORT ORGANIZATION ENGAGED A QUALIFIED COMPENSATION CONSULTANT TO ANALYZE MARKET COMPENSATION DATA FOR SIMILAR ORGANIZATIONS AND PROVIDE A REPORT ON THE REASONABLESS OF ICS SUPPORT ORGANIZATION COMPENSATION OF BOARD MEMBERS. THE RESULTING REPORT WAS REVIEWED BY OUTSIDE COUNSEL AND REVIEWED/APPROVED BY THE BOARD AT A DULY CALLED BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990, 990-T, AND FORM 1023 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT ITS PLACE OF BUSINESS. THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALL AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART VII EX OFFICIO BOARD MEMBER, DIANE AMOUR, RECEIVED $41,604 IN COMPENSATION FROM THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS) FOR SERVICES RENDERED AS A BOARD OF DIRECTORS MEMBER OF ICS AND THE ICS SUPPORT ORGANIZATION. THE ALLOCATION OF BOARD FEES IS AS FOLLOWS: $38,604 FOR SERVICES RENDERED TO ICS. $3,000 FOR SERVICES RENDERED TO ICS SUPPORT ORGANIZATION. FORM 990, PART XII, LINE 2C: THE ICS SUPPORT ORGANIZATIONS FINANCIAL ACTIVITIES ARE REPORTED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ITS SUPPORTED ORGANIZATION, THE INDIAN COMMUNITY SCHOOL OF MILWAUKEE, INC. (ICS). ICS HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. INDIAN COMMUNITY SCHOOL OF MILWAUKEE 10405 W ST MARTINS ROAD FRANKLIN WI 53132 391154960 EDUCATION WI 501(C )(3) 02 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC B 12027730 COST INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC D 62400000 COST INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC N 22426 COST INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC M 62374 COST INDIAN COMMUNITY SCHOOL OF MILWAUKEE INC P 84800 COST