2014-02-10T11:38:57-06:00 2013-06-30 390758449 WIPFLI LLP 43 A WEST DAVENPORT STREET RHINELANDER WI 54501 990 2012-07-01 237112418 NICOLET COLLEGE FOUNDATION NICO 7153654518 PO BOX 518 RHINELANDER WI 54501 HEATHER SCHALLOCK 7153654518 2014-02-03 1 RANDALL H BEARD CPA P00023289 7153691040 2014-02-03 2012 2015-11-30 17:44:51Z HEATHER SCHALLOCK PO BOX 518 RHINELANDER WI 54501 673386 0 X N/A X 1971 WI PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 13 12 0 50 0 0 382245 436955 0 0 26836 30354 6557 -661 415638 466648 261092 237636 0 0 0 0 0 0 0 21122 29698 282214 267334 133424 199314 1898979 2178157 269 3210 1898710 2174947 PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 0 0 237636 237636 PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING NICOLET COLLEGE 237636 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 WI X HEATHER SCHALLOCK 7153654518 PO BOX 518 RHINELANDER WI 54501 PAUL KNUTH 1.00 X 0 0 0 HEATHER SCHALLOCK 40.00 X X 0 62723 37082 JIM BROWN 1.00 X 0 0 0 BOB MARTINI 1.00 X X 0 0 0 JIM DYREBY 1.00 X X 0 0 0 BRUCE KOTILA 1.00 X 0 0 0 SALLY MODE 1.00 X 0 0 0 LEE GUENTHER 1.00 X 0 0 0 SCOT THOMPSON 1.00 X 0 0 0 NANCY PRISK 1.00 X X 0 0 0 JOLENE JOHNSON VAN DEN ELZEN 1.00 X X 0 103162 16897 JOHN SCHIEK 1.00 X 0 0 0 LINDA SKALLERUD 1.00 X 0 0 0 0 165885 53979 0 0 0 0 0 436955 436955 30354 30354 16753 20478 -3725 -3725 -3725 185000 185000 0 0 3012 1260 1752 1752 OTHER REVENUE 900099 1312 1312 1312 466648 0 0 29693 237636 237636 4712 4712 4515 4515 5507 5507 1050 1050 3916 3916 68 68 869 869 SUBSCRIPTIONS AND MEMBE 3676 3676 BOARD EXPENSES 526 526 4859 4859 267334 237636 29698 0 188067 402403 542532 499247 520 1870 0 263500 40068 232336 223432 663435 782264 270739 270291 1898979 2178157 269 3210 269 3210 X 681453 743930 918754 1037746 298503 393271 1898710 2174947 1898979 2178157 199314 76923 0 X X 0 1 X 1 0 X 294964 298780 309394 382245 436955 1722338 294964 298780 309394 382245 436955 1722338 852056 870282 22116 20859 30069 31698 26629 131371 633 1071 1485 3663 1260 8112 1861821 43207 0.46740 0.53650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 331884 119267 24813 12418 463546 338615 3184 1496 12100 331195 320333 7029 23834 12581 338615 313736 6736 4904 5043 320333 314872 4240 -870 4506 313736 0.84840 0.15160 0 0 40900 40900 222600 40068 182532 0 223432 ASSETS HELD FOR RESALE 266400 ACCRUED INTEREST RECEIVABLE 3891 270291 X 689394 76923 129592 206515 482879 5507 -21738 -16231 466648 413157 129592 21738 151330 261827 5507 5507 267334 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS ENDED 2008 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS. FORM 990, SCHEDULE D, PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES: $20,478 SPECIAL EVENT EXPENSES: $1,260 FORM 990, SCHEDULE D, PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES: $20,478 SPECIAL EVENT EXPENSES: $1,260 1 SCHOLARSHIPS 249 237636 FORM 990, PART VI, SECTION B, LINE 11 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 INTEREST 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 125092 FAIR MARKET VALUE