2016-10-26T15:35:24-05:00 2016-06-30 390859910 Baker Tilly Virchow Krause LLP 777 E Wisconsin Avenue 32nd Floor Milwaukee WI 53202 990 2015-07-01 391039417 Wisconsin Association of Independent Colleges and Universities Inc WISC 6082567761 122 W Washington Avenue No 700 Madison WI 53703 Rolf Wegenke President 6082567761 2016-10-19 1 Troy Marine CPA P00187863 4147775500 2016-10-19 2015 2017-02-10 21:41:12Z Rolf Wegenke 122 W Washington Avenue No 700 Madison WI 53703 4811151 0 X www.waicu.org X 1962 WI PROMOTE AND FACILITATE SERVICES TO WISCONSIN'S PRIVATE NONPROFIT COLLEGES AND UNIVERSITIES. 24 24 18 24 0 0 1100994 840478 3013538 2856430 1085438 639015 0 0 5199970 4335923 806791 897484 0 0 1788461 1814388 0 0 82239 1168103 1093656 3763355 3805528 1436615 530395 17660022 17218654 725852 431499 16934170 16787155 Promote and Facilitate Services to Wisconsin's Private NonProfit Colleges and Universities. 0 0 1253035 1253036 Collaborative Services - The WAICU collaboration project is a comprehensive initiative to perform administrative support functions of Wisconsin's twenty-four private nonprofit colleges and universities on a collaborative basis. The objectives are to save money, to improve the quality of services to students, faculty, and staff, and to serve as a national model for controlling college costs. 748255 748256 Student Access - WAICU has organized joint admission programs since 1978, currently logging more than 300,00 contacts with potential students and their parents and counselors each year. WAICU's admission programs are specifically designed to reinforce the student recruitment efforts of members. WAICU's role is to highlight the affordability and opportunities quality of Wisconsin's private nonprofit colleges and to create opportunities for students and counselors to consider private nonprofit colleges. 1013008 897484 115524 SCHOLARSHIPS - THE ORGANIZATION AWARDS ON AN ANNUAL BASIS APPROXIMATELY $800,000 TO ALMOST 200 PRIVATE COLLEGE STUDENTS. IN ADDITION THEY MANAGE SIX ENDOWED SCHOLARSHIP PROGRAMS VALUED AT APPROXIMATELY $15.0 MILLION. THESE SCHOLARSHIPS ALLOW MANY STUDENTS TO CONTINUE THEIR COLLEGE EDUCATION. 458933 739614 458933 739614 3473231 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 34 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X Liza Simon 6082567761 122 W Washington Avenue NO 700 Madison WI 53703 Mary J Meehan Director 1.00 X 0 0 0 Connie Boerst Director 1.00 X 0 0 0 H Scott Bierman director 1.00 X 0 0 0 James Loftus Director 1.00 X 0 0 0 Douglas N Hastad Director 1.00 X 0 0 0 Gregory Woodward director 1.00 X 0 0 0 Jill Berg director 1.00 X 0 0 0 Patrick T Ferry director 1.00 X 0 0 0 Scott Flanagan Director 1.00 X 0 0 0 daniel Eck director 1.00 X 0 0 0 Mark Burstein Director 1.00 X 0 0 0 Michael R Lovell director 1.00 X 0 0 0 John R Raymond Director 1.00 X 0 0 0 Eileen Schwalbach Director 1.00 X 0 0 0 Michael Miller director 1.00 X 0 0 0 Zach P Messitte director 1.00 X 0 0 0 Thomas Kunkel director 1.00 X 0 0 0 Chris Domes director 1.00 X 0 0 0 Richard Artman director 1.00 X 0 0 0 Daniel W Johnson director 1.00 X 0 0 0 Rev Steven A Peay Director 1.00 X 0 0 0 Andrew Manion Director 1.00 X 0 0 0 Jeffrey Morin Director 1.00 X 0 0 0 Matthew Panhans director 1.00 X 0 0 0 Rolf Wegenke President 36.00 2.00 X 363269 0 51782 Elizabeth Simon Sr. VP for Finance and Operations 40.00 X 95087 0 14531 Rodney L Opsal Sr. VP for Collaborative Services 20.00 8.00 X 186482 0 41611 Rebecca Larson Sr. VP for Advocacy 40.00 X 131922 0 20063 Carole J Trone Sr. VP for Educational Services 40.00 X 121731 0 2123 William J Schultz Executive Director, WAICU ETC 8.00 32.00 X 115824 0 42829 1014315 0 172939 5 0 1 0 Ellucian Company LP 4375 Lakes Court Fairfax PA 22033 Technology 348721 Hovde Properties 122 W Washington Avenue Madison WI 53703 Property Management 174510 IBM Corp PO Box 643600 Pittsburgh PA 152643600 Technology 155527 Marsh USA 96460 Collection Center Drive Chicago IL 60693 Risk Management 141907 4 840478 840478 Membership Dues 611710 1594568 1594568 Member Services 611710 1188949 1188949 Priv. College Week Adv 611710 72913 72913 2856430 293310 293310 820783 150 475228 0 345555 150 345705 345705 4335923 2856430 0 639015 897484 897484 816442 628168 137380 50894 539398 510868 24757 3773 61630 50285 8445 2900 302918 259842 33603 9473 94000 81198 9672 3130 11699 10751 711 237 20560 19783 583 194 48348 42913 4076 1359 125575 123722 1389 464 336429 333409 2265 755 37291 36054 928 309 209075 196328 9560 3187 56628 54261 1775 592 37522 33305 3163 1054 50597 48122 1856 619 Dues & Subscriptions 108975 96843 9099 3033 Member Services 41242 40938 228 76 Bank fees 9039 8344 521 174 Licenses and Fees 676 613 47 16 3805528 3473231 250058 82239 1828880 1816493 99750 45000 170964 174020 233343 280320 434675 279212 172597 155463 14995869 14666911 158619 80447 17660022 17218654 414000 140517 115661 98085 10788 12494 185403 180403 725852 431499 X 1726887 1989770 4451128 3450630 10756155 11346755 16934170 16787155 17660022 17218654 530395 -677410 0 X X 0 1 X 1 0 X 2209689 1038874 664202 1100994 840478 5854237 2331529 2552650 2483180 3013538 2856430 13237327 4541218 3591524 3147382 4114532 3696908 19091564 0 2197069 114648 42612 568767 587792 3510888 2197069 114648 42612 568767 587792 3510888 15580676 241872 286108 332014 339062 293310 1492366 241872 286108 332014 339062 293310 1492366 4783090 3877632 3479396 4453594 3990218 20583930 0.75690 0.75840 0.07250 0.06750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 167291 167291 3305943 3473234 323662 80916 0 0 332791 303144 321028 323662 1280625 1920938 179921 84812 210191 167291 642215 83198 75786 80257 80916 320157 480236 12368710 590600 -103575 705947 12149788 11957409 590100 414939 593738 12368710 10857989 1689006 589556 30 11957409 10228892 1208821 579724 10857989 9797721 1135751 170989 875569 10228892 0.93000 0.07000 0 0 144701 93852 50849 109358 81297 28061 180616 104063 76553 155463 Scholarship Obligation 180403 180403 3658513 -677410 -677410 4335923 0 4335923 3805528 0 3805528 0 3805528 Part V, Line 4: The endowment funds are used for scholarships and program support. 1 Scholarships 175 852684 Intern Stipends 42 44800 Part I, Line 2: Recipients must meet eligibility requirements to receive grants administered by WAICU. WAICU requires that the necessary documentation be submitted prior to issuing checks. The documentation is reviewed by the appropriate WAICU personnel and approved for disbursement of funds. X X X 0 0 0 0 0 0 0 0 0 Rolf Wegenke President 363269 0 0 0 0 0 18860 0 32922 0 415051 0 0 0 Rodney L Opsal Sr. VP for Collaborative Services 186482 0 0 0 0 0 8694 0 32917 0 228093 0 0 0 Rebecca Larson Sr. VP for Advocacy 131922 0 0 0 0 0 0 0 20063 0 151985 0 0 0 William J Schultz Executive Director, WAICU ETC 115824 0 0 0 0 0 5764 0 37065 0 158653 0 0 0 Form 990, Part VI, Section B, line 11 A draft of the Form 990 is distributed to the executive committee two weeks prior to its fall meeting. At this meeting the committee discusses any suggested changes. The committee then votes on whether to recommend that the full board of directors accept the revised draft of the return. The full board of directors votes at its fall meeting to accept the prepared Form 990 for filing with the IRS. Form 990, Part VI, Section B, line 12c Annually, all directors, officers, and key employees complete a form to disclose all conflicts of interest. The completed and signed forms are reviewed and kept at WAICU's office. Form 990, Part VI, Section B, line 15 The executive committee conducts an annual performance review of the president. The committee reviews a study prepared by the California private college association on behalf of the National Association of Independent Colleges and Universities State Executives (NAICUSE) and another study prepared by the College and University Professional Association for Human Resources (CUPA-HR) when considering compensation. Form 990, Part VI, Section C, line 19 Upon Request. Form 990, Part XII, Line 2 C No changes have been made from the prior year. Waicu Educational Technology Consortium Inc 122 W Washington Avenue Suite 700 Madison WI 53703 203202578 Purchase/Implement IT for Members WI 501(C)(3) Line 11a, I WAICU 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 WAICU Educational Technology Consortium Inc Q 258541 FMV