2013-05-15T16:49:27-05:00 2012-06-30 391173131 SCHENCK SC 712 RIVERFRONT DRIVE STE 301 SHEBOYGAN WI 53081 990 2011-07-01 390821861 LAKELAND COLLEGE LAKE 9205651336 PO BOX 359 SHEBOYGAN WI 530820359 DANIEL ECK 9205651336 2013-05-15 1 PHILIP S KLEMME CPA P01045375 9204580341 2011 2016-02-24 21:20:13Z PO BOX 359 SHEBOYGAN WI 530820359 44428126 0 X WWW.LAKELAND.EDU X 1862 WI LAKELAND COLLEGE PROVIDES EDUCATIONAL SERVICES TO UNDERGRADUATE AND GRADUATE STUDENTS IN SHEBOYGAN COUNTY AND THROUGHOUT WISCONSIN. THE FEES COLLECTED DIRECTLY RELATE TO THE PROVISIONS OF THOSE SERVICES ON A ONE-TO-ONE BASIS (I.E. THIS REVENUE IS COLLECTED FROM THE BENEFICIARIES OF THE SERVICE.) IN ADDITION, HOUSING AND MEAL SERVICES ARE PROVIDED TO THE STUDENTS ATTENDING CLASSES AT THE MAIN CAMPUS. LIVING IN THE CAMPUS COMMUNITY IS AN INTEGRAL PART OF THE TRADITIONAL 4 YEAR LIBERAL ARTS EDUCATION, WHICH LAKELAND COLLEGE PROVIDES IN ITS TRADITIONAL DAY-UNDERGRADUATE PROGRAM. 29 29 1416 50 50965 0 8303039 5219223 39003699 38760286 230526 89550 501391 126178 48038655 44195237 10472913 10595100 0 0 20569608 21844614 0 0 787819 13424611 12899129 44467132 45338843 3571523 -1143606 43091260 41780781 23705132 23408195 19386128 18372586 X LAKELAND COLLEGE PROVIDES EDUCATIONAL SERVICES TO UNDERGRADUATE AND GRADUATE STUDENTS IN SHEBOYGAN COUNTY AND THROUGHOUT WISCONSIN. THE FEES COLLECTED DIRECTLY RELATE TO THE PROVISIONS OF THOSE SERVICES ON A ONE-TO-ONE BASIS (I.E. THIS REVENUE IS COLLECTED FROM THE BENEFICIARIES OF THE SERVICE.) IN ADDITION, HOUSING AND MEAL SERVICES ARE PROVIDED TO THE STUDENTS ATTENDING CLASSES AT THE MAIN CAMPUS. LIVING IN 0 0 10595100 10595100 38709321 STUDENT FINANCIAL AID PROGRAMS, GENERAL-OTHER: PROVIDING OF FEDERAL, STATE AND OTHER OUTSIDE GRANTS AS WELL AS INSTITUTIONAL GRANTS. 3244321 EDUCATION, GENERAL-OTHER OPERATIONS AND MAINTENANCE OF PLANT: TO PROVIDE FACILITIES FOR HOLDING COURSES AND EDUCATIONAL COMMUNITY EVENTS. 4347773 STUDENT SERVICE PROGRAMS, GENERAL-OTHER AUXILIARY SERVICES: TO PROVIDE RESIDENTIAL AND FOOD SERVICES TO COLLEGE STUDENTS INCIDENTAL TO THEIR EDUCATION AND HOST VARIOUS EDUCATIONAL COMMUNITY EVENTS. 8126541 STUDENT SERVICES PROGRAMS, GENERAL/OTHER ACADEMIC SUPPORT AND STUDENT SERVICES: TO PROVIDE COUNSELING SERVICES AND OTHER NON-CLASSROOM EDUCATIONAL PROGRAMS AND ACTIVITIES TO THE COLLEGE STUDENTS (0 STUDENTS). 11725554 EDUCATIONAL PROGRAMS, GENERAL/OTHER INSTRUCTION AND ACTIVITIES RELATED TO INSTRUCTION: TO PROVIDE CLASSROOM INSTRUCTION AND SUPPORTING ACTIVITIES TO COLLEGE STUDENTS (0 STUDENTS). 19852095 38039289 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 1 5365 0 1 1416 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X X X SHARON ROOB 9205651336 PO BOX 359 SHEBOYGAN WI 530820359 DEBRA A ANSAY 0.00 X 0 0 0 PETER F BEMIS 0.00 X 0 0 0 STUART W BROTZ 0.00 X 0 0 0 RICHARD L ENSWEILER 0.00 X 0 0 0 LUCILLE F FESSLER 0.00 X 0 0 0 DORON M GREEN 0.00 X 0 0 0 HAROLD E GRIES 0.00 X 0 0 0 DONALD W HINZE 0.00 X 0 0 0 IRVIN KAAGE 0.00 X 0 0 0 JEFFREY LAMMERS 0.00 X 0 0 0 KENNETH MUTH 0.00 X 0 0 0 RICHARD D PAULS 0.00 X 0 0 0 DAVID R PIERCE 0.00 X 0 0 0 BARBARA QUASIUS 0.00 X 0 0 0 DOUGLAS QUICK 0.00 X 0 0 0 CARLA E SALMON 0.00 X 0 0 0 FREDRIC A SEEFELDT 0.00 X 0 0 0 JEFFREY D SPENCE 0.00 X 0 0 0 WAYMON V STEWART 0.00 X 0 0 0 DEBORAH G WENTE 0.00 X 0 0 0 STEPHEN GOULD 50.00 X 179969 0 55374 ROBERT T MELZER 0.00 X 0 0 0 PETER N REDDIN 0.00 X 0 0 0 MICHAEL BOGENSCHUETZ 0.00 X 0 0 0 BARBARA S GANNON 0.00 X 0 0 0 JOHN T MCFADDEN 0.00 X 0 0 0 DAVID J MICHAEL 0.00 X 0 0 0 JEFFREY M OTTUM 0.00 X 0 0 0 RONALD G FOSTER 0.00 X 0 0 0 WILLIAM C SHELDON 0.00 X 0 0 0 MARGARET ALBRINCK 50.00 X 119350 0 30591 JOSEPH BOTANA 50.00 X 120348 0 41382 DANIEL ECK 50.00 X 103000 0 16764 NATHAN DEHNE 50.00 X 110383 0 29807 E ANTHONY FESSLER 50.00 X 98966 0 35178 ERIN KOHL 50.00 X 96695 0 21384 ZACHARY VOELZ 50.00 X 31730 0 4779 KENNETH STRMISKA 50.00 X 121540 0 19604 MEHRABAN KHODAVANDI 40.00 X 137238 0 45900 MATTHEW NIEDERJOHN 40.00 X 116705 0 29472 1235924 0 330235 8 0 1 0 THE BOLDT COMPANY PO BOX 373 APPLETON WI 54912 CONTRACTOR 1354215 BLACKBOARD INC 650 MASSACHUSETTS AVENUE NW 6TH F WASHINGTON DC 200013796 EDUCATION TECHNOLOGY 721574 FOLLETT HIGHER EDUCATION GROUP 1818 SWIFT DRIVE OAK BROOK IL 605231576 CAMPUS BOOK STORE 703894 PLYMOUTH UTILITIES 900 CTH PP PLYMOUTH WI 530730277 UTILITIES 586417 LAMAR COMPANIES PO BOX 66338 BATON ROUGE LA 70896 ADVERTISING SIGNS 565202 36 85300 512411 3456406 1165106 5219223 EDUCATION, TUITION AND 611600 33175629 33175629 AUXILIARY SERVICES 611600 4739133 4739133 INSTRUCTION ACTIVITIES 611600 485581 485581 OTHER PROGRAM REVENUE 611710 308978 308978 UNRELATED BUSINESS INC 900099 50965 50965 38760286 86550 86550 3000 0 3000 3000 3000 359067 85300 232889 126178 126178 44195237 38709321 50965 215728 10595100 10595100 1235924 540934 561999 132991 15312593 13310069 1751947 250577 709235 480300 210814 18121 4586862 3389376 1097932 99554 14663 14663 37101 37101 47553 47553 575099 367900 132390 74809 1387224 1353382 33842 1652547 637410 926726 88411 1097429 746252 351177 1403411 1305172 98239 670394 583243 60335 26816 57469 42474 14995 688172 481634 206538 2321736 1852175 469561 178502 93841 84661 COST OF GOODS 1325277 1325277 MAIN/REP 510541 510541 COMMUNITY SERVICE 416881 374209 42672 UNCOLLECTIBLES 365000 50000 315000 150130 96262 53868 45338843 38039289 6511735 787819 5176924 3457938 1766691 1144117 1646043 1368309 454067 443360 65975 87322 476617 426587 55360377 27460681 24158209 27899696 6282634 6618302 3064100 335150 43091260 41780781 3074169 2635097 383306 383306 2989769 2809665 14045000 14199092 353296 360973 2859592 3020062 23705132 23408195 X 14244035 15497813 5096742 2824103 45351 50670 19386128 18372586 43091260 41780781 X -1143606 130064 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 189428 X X 0 79783 79783 37665779 17362497 20303282 403895 356826 47069 5566254 4117109 1449145 11644666 5624249 6020417 27899696 OTHER EQUITY INDEX FUNDS 6618302 F 6618302 POST RETIREMENT 1092155 ASSETS RETIREMENT OBLIGATION 473181 INTEREST RATE EXCHANGE AGREEMENTS 714943 ANNUITY OBLIGATIONS 317732 STUDENT DEPOSITS 146385 AGENCY FUNDS 275666 3020062 44195237 45338843 -1143606 -14706 144770 130064 -1013542 33394683 -14706 -74005 -88711 33483394 10711843 10711843 44195237 34596403 -30597 -30597 34627000 10711843 10711843 45338843 PART III, LINE 4: WORKS OF ART ARE INCLUDED WITH THE COLLEGE'S ASSETS, AND ON DISPLAY ON CAMPUS FOR PUBLIC VIEWING. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: POST RETIREMENT - LAKELAND COLLEGE ACCOUNTS FOR POST RETIREMENT BENEFITS THROUGH THE USE OF AN OUTSIDE ACTUARIAL FIRM. THESE AMOUNTS ARE ACCRUED FOR ON AN ANNUAL BASIS. PART XI, LINE 8 - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -43,408. CORRECTIONS OF TRANSFERS FROM LAKELAND COLLEGE FOUNDATION IN PRIOR YEARS 188,178. TOTAL TO SCHEDULE D, PART XI, LINE 8: 144,770. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -43,408. FIN 47 AMORTIZATION -30,597. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS PROVIDED TO STUDENTS TO OFFSET TUITION 10,595,100. PROGRAM REVENUE NETTED WITH EXPENSES ON FINANCIAL STATEMENTS 116,743. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FIN 47 AMORTIZATION -30,597. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS PROVIDED TO STUDENTS TO OFFSET TUITION 10,595,100. PROGRAM REVENUE NETTED WITH EXPENSES ON FINANCIAL STATEMENTS 116,743. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL APPLICATIONS AND ADVERTISING CONTAIN STATEMENTS AS TO THE NONDISCRIMINATORY POLICY OF THE COLLEGE. 0 0 0 0 0 0 0 0 0 X SUB-SAHARAN AFRICA EDUCATE STUDENTS SELECTED BY AGENCY FOR INTERNATIONAL DEVELOPMENT (AID) TO BECOME TEACHERS AND PROFESSORS OF EDUCATION IN MALAWI. LAKELAND ALSO PROVIDES FUNDING TO HELP THE MALAWI MINISTRY OF EDUCATION AND LAKELAND'S PROGRAM GRADUATES TO BUILD RURAL SCHOOLS. 4808 WIRE TRANSFER US DOLLARS 1 0 0 0 0 0 0 GALA EVENT 444367 85300 359067 77695 155194 444367 85300 359067 77695 155194 232889 126178 1 FEDERAL GRANTS 1045 3032173 CASH PROVIDED TO RECIPIENTS FEDERAL WORK STUDY 337 415895 CASH PROVIDED TO RECIPIENTS INSTITUTIONAL GRANTS 877 6004942 CASH PROVIDED TO RECIPIENTS OUTSIDE GRANTS 271 110075 CASH PROVIDED TO RECIPIENTS STATE GRANTS 388 1032015 CASH PROVIDED TO RECIPIENTS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE DISBURSED TO THE STUDENTS ACCOUNTS DIRECTLY, ACCORDING TO GOVERNMENT REGULATIONS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEPHEN GOULD 179969 0 0 0 0 0 0 0 0 0 179969 0 0 0 PART I, LINE 1A HOUSING AND CLUB DUES PROVIDED TO THE PRESIDENT OF THE COLLEGE. WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 2010-03-31 14635000 CONSTRUCTION OF FACILITIES FOR CONTINUING EDUCATIONAL AND ACADEMIC SUPPORT 0 0 0 14635000 75922 14635000 2010 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 M&I BANK 5.000000000000 0 0 0 0 0 OFFICER DAUGHTER OF OFFICER 1500 RHODE DALES LLC TRUSTEE 75 LEGAL SERVICES 0 X 3 356052 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 A BOARD MEMBER IS ALSO A TRUSTEE FOR ANOTHER BOARD MEMBER'S FOUNDATION FORM 990, PART VI, SECTION B, LINE 11 MEMBERS OF THE AUDIT COMMITTEE AND EXECUTIVE COMMITTEE OF THE TRUSTEES REVIEW THE 990 AND MAKE IT AVAILABLE TO THE ENTIRE BOARD OF TRUSTEES UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE LEGAL COUNCEL OF THE COLLEGE REVIEWS ALL CONFLICT OF INTEREST POLICIES FROM TRUSTEES AND KEY EMPLOYEES, AND PASSES ANY ITEMS THAT ARE OF CONCERN TO THE AUDIT COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 THE COLLEGE'S LEGAL COUNCEL PROVIDES THE CHAIRMAN OF THE BOARD COMPARATIVE DATA, COLLEGE'S POLICY AND RECOMMENDATIONS. THE CHAIRMAN REVIEWS AND DISCUSSES WITH THE EXECUTIVE COUNCEL IF NECESSARY AND APPROVES THE EMPLOYEES' WAGES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S 990 AND OTHER POLICIES ARE AVAILABLE UPON REQUEST FROM THE VICE PRESIDENT OF FINANCE, ON THE COLLEGE'S WEBSITES AND FOR PUBLIC VIEWING THROUGH GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -14,706. ADJUSTMENT OF ACTUARIAL LIABILITY FOR ANNUITIES PAYABLE -43,408. CORRECTIONS OF TRANSFERS FROM LAKELAND COLLEGE FOUNDATION IN PRIOR YEARS 188,178. TOTAL TO FORM 990, PART XI, LINE 5: 130,064. FORM 990, PAGE 12, PART XII, LINE 2C A COMMITEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. LAKELAND COLLEGE FOUNDATION PO BOX 359 SHEBOYGAN WI 530820359 391655132 TO PROVIDE SCHOLARSHIPS TO LAKELAND COLLEGE STUDENTS WI 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAKELAND COLLEGE FOUNDATION INC C 512411 CASH