MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC (EIN 39-1341603)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-12
- IRS object ID
- 201213179349302851
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-12T16:34:53-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390859910 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 115 SOUTH 84TH STREET SUITE 400 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53214 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391341603 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MILW | NameControl |
| Phone | 4142977997 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 WEST STATE STREET NO 214 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 532331443 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFREY NELSON | Name |
| Title | TREASURER | Title |
| Phone | 4142977997 | Phone |
| Date Signed | 2012-11-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TROY E MARINE CPA | Name |
| PTIN | P00187863 | PTIN |
| Phone | 4147775500 | Phone |
| Date Prepared | 2012-11-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFFREY NELSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 WEST STATE STREET NO 214 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 532331443 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11360123 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MATC.EDU/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1979 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | THE MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED AND OPERATED TO SECURE COMMUNITY INVOLVEMENT WITH, INCLUDING FIANCIAL SUPPORT OF, THE MILWAUKEE AREA TECHNICAL COLLEGE (MATC). THE SPECIFIC PURPOSES OF THE FOUNDATION ARE TO SOLICIT, HOLD, MANAGE, INVEST AND EXPEND CONTRIBUTIONS, GRANTS AND BEQUESTS (INCLUDING ENDOWMENT GIFTS) EXCLUSIVELY FOR THE MAINTENANCE, SUPPORT AND BENEFIT OF THE MILWAUKEE AREA TECHNICAL COLLEGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 21 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 419849 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7033458 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 255195 | InvestmentIncomePriorYear |
| Investment Income Current Year | 112328 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | -15182 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 675044 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7130604 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 493872 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1897017 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 85261 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 123750 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 42100 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 106316 | OtherExpensePriorYear |
| Other Expenses Current Year | 108733 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 685449 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2129500 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -10405 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5001104 | RevenuesLessExpensesCY |
| Total Assets BOY | 5097085 | TotalAssetsBOY |
| Total Assets EOY | 9867487 | TotalAssetsEOY |
| Total Liabilities BOY | 2500 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 74660 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5094585 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9792827 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO ENHANCE BUSINESS & COMMUNITY PARTNERSHIPS, OBTAIN THE RESOURCES & ENDOWMENT NECESSARY TO ENSURE ACCESS TO MATC & CAREER SUCCESS FOR ALL GREATER MILWAUKEE AREA STUDENTS REGARDLESS OF FINANCIAL STATUS, WHILE SERVING AS A CATALYST FOR THE ECONOMIC VITALITY OF THE REGION. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 223634 | Expense |
| Grants | 223634 | Grants |
| Description | THE FOUNDATION RAISED $270,742 IN SCHOLARSHIP REVENUE AND AWARDED OVER 300 SCHOLARSHIPS AND EMERGENCY GRANT ASSISTANCE TO STUDENTS TOTALING $223,634, REPRESENTING AN INCREASE OF 20% OVER THE PREVIOUS YEAR AND 146% OVER THE TOTAL AWARDED TWO YEARS AGO. THE LONG-TERM GOAL IS TO SIGNIFICANTLY INCREASE SCHOLARSHIP SUPPORT TO MATC STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 171460 | Expense |
| Grants | 171460 | Grants |
| Description | THE FOUNDATION EXCEEDED ITS GOAL FOR DONATED PROPERTY/EQUIPMENT BY 14%. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1415473 | Expense |
| Grants | 1415473 | Grants |
| Description | THE FOUNDATION ASSUMED THE ROLE OF ADMINISTERING CONTRIBUTED FUNDS FOR SUPPORT OF MILWAUKEE PUBLIC TELEVISION, WHICH WAS PREVIOUSLY HANDLED BY A SEPARATE 501(C)3 ORGANIZATION. BY DOING SO, ADMINSTRATIVE EXPENSES FOR MANAGING THESE FUNDS HAVE BEEN SIGNIFICANTLY REDUCED, RESULTING IN AN INCREASE IN NET CONTRIBUTED REVENUE AVAILABLE TO SUPPORT THE OPERATIONS OF MILWAUKEE PUBLIC TELEVISION. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 175442 | Expense |
| Grants | 86450 | Grants |
| Revenue | 0 | Revenue |
| Description | OTHER PROGRAM SERVICES INCLUDE FINANCIAL SUPPORT FOR VARIOUS PROGRAMS WITHIN MATC. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 175442 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 86450 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 1986009 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 1 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTINE MCGEE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4142977997 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 WEST STATE STREET SUITE 214 | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 532331443 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| ANGELA RESTER | |||||||
| VICE PRESIDENT | 0.50 | X | X | 0 | 0 | 0 | |
| BRIAN LEHOUILLIER | |||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | |
| DAVID BISHOP | |||||||
| PAST PRESIDENT | 0.50 | X | X | 0 | 0 | 0 | |
| DEAN MULLER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DONALD GOGAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DOUG WINTER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ERIC REISNER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| GARY COLPAERT | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| GEORGE HINTON | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JEANNETTE BELL | |||||||
| VICE PRESIDENT | 0.50 | X | X | 0 | 0 | 0 | |
| JEFFREY NELSON | |||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 | |
| JEROME MCGINNIS | |||||||
| VICE PRESIDENT | 0.50 | X | X | 0 | 0 | 0 | |
| JIM MILNER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| L RICHARD KINNEY | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LINDA STEWART | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MARIA AVILA | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL BURKE | |||||||
| EX-OFFICIO BOARD MEMBER | 0.50 | X | 0 | 233939 | 49352 | ||
| RICHARD MONROE | |||||||
| DISTRICT BOARD LIAISON | 0.50 | X | 0 | 0 | 0 | ||
| ROBERT DAVIS | |||||||
| PRESIDENT | 0.50 | X | X | 0 | 0 | 0 | |
| SHELLEY JUREWICZ | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CHRISTINE MCGEE | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 51975 | 35958 | 28338 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 51975 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 269897 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 77690 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 31800 | FundraisingEvents |
| All Other Contributions | 7001658 | AllOtherContributions |
| Noncash Contributions | 274192 | NoncashContributions |
| Total Contributions | 7033458 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 139010 | TotalRevenueColumn |
| Exclusion | $139,010 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4178129 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4204811 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -26682 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -26682 | TotalRevenueColumn |
| Exclusion | -$26,682 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 9526 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 31800 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 24708 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -15182 | TotalRevenueColumn |
| Exclusion | -$15,182 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7130604 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $97,146 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1673383 | Total |
| Program Services | 1673383 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223634 | Total |
| Program Services | 223634 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51975 | Total |
| Program Services | 25987 | ProgramServices |
| Management And General | 12994 | ManagementAndGeneral |
| Fundraising | 12994 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71775 | Total |
| Program Services | 35887 | ProgramServices |
| Management And General | 17944 | ManagementAndGeneral |
| Fundraising | 17944 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34400 | Total |
| Management And General | 34400 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23770 | Total |
| Management And General | 23770 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6529 | Total |
| Program Services | 1306 | ProgramServices |
| Management And General | 1306 | ManagementAndGeneral |
| Fundraising | 3917 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20875 | Total |
| Program Services | 10437 | ProgramServices |
| Management And General | 5219 | ManagementAndGeneral |
| Fundraising | 5219 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45 | Total |
| Management And General | 45 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3480 | Total |
| Management And General | 3480 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| OTHER DIRECT EXPENSES | 15375 | 15375 | ||
| DEVELOPMENT | 1878 | 1878 | ||
| BANK FEES | 1061 | 1061 | ||
| BOARD EXPENSE | 950 | 950 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 370 | Total |
| Management And General | 222 | ManagementAndGeneral |
| Fundraising | 148 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2129500 | Total |
| Program Services | 1986009 | ProgramServices |
| Management And General | 101391 | ManagementAndGeneral |
| Fundraising | 42100 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51745 | BOY |
| EOY | 816841 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 399263 | BOY |
| EOY | 432945 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9600 | BOY |
| EOY | 124549 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1480 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4634997 | BOY |
| EOY | 4269744 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 4223408 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5097085 | BOY |
| EOY | 9867487 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500 | BOY |
| EOY | 46060 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 28600 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500 | BOY |
| EOY | 74660 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1260262 | BOY |
| EOY | 925777 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1346495 | BOY |
| EOY | 6437101 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2487828 | BOY |
| EOY | 2429949 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5094585 | BOY |
| EOY | 9792827 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5097085 | BOY |
| EOY | 9867487 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5001104 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -302862 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 862836 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 290435 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 386215 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 419849 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7033458 | CurrentTaxYear |
| Total | 8992793 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 297000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 318000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 277000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 160000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 102732 | CurrentTaxYear |
| Total | 1154732 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1159836 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 608435 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 663215 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 579849 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7136190 | CurrentTaxYear |
| Total | 10147525 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 10147525 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 179968 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 117424 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 108655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 124826 | CurrentTaxYearMinus1Year |
| Current Tax Year | 139010 | CurrentTaxYear |
| Total | 669883 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 10817408 | TotalSupport |
| Public Support Pertcentage170 | 0.93810 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.85880 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2487828 | BeginningOfYearBalance |
| Contributions | 173788 | Contributions |
| Investment Earnings Or Losses | -65381 | InvestmentEarningsOrLosses |
| Other Expenditures | 138402 | OtherExpenditures |
| Administrative Expenses | 27884 | AdministrativeExpenses |
| End Of Year Balance | 2429949 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2113063 | BeginningOfYearBalance |
| Contributions | 10250 | Contributions |
| Investment Earnings Or Losses | 364515 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2487828 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1939605 | BeginningOfYearBalance |
| Contributions | 2589 | Contributions |
| Investment Earnings Or Losses | 170869 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2113063 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2061229 | BeginningOfYearBalance |
| Contributions | 183118 | Contributions |
| Investment Earnings Or Losses | -303742 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1000 | GrantsOrScholarships |
| End Of Year Balance | 1939605 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MPTV FRIENDS, INC. TRANSFER RECEIVABLE | Description |
| Book Value | 4223408 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 4223408 | TotalBookValueOtherAssets |
| Total Revenue | 7130604 | TotalRevenue |
| Total Expenses | 2129500 | TotalExpenses |
| Excess Or Deficit For Year | 5001104 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -200130 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | -102732 | DonatedServicesAndFacilities |
| Total Adjustments | -302862 | TotalAdjustments |
| Excess Or Deficit Per FS | 4698242 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6955182 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -200130 | NetUnrealizedGainsInvestments |
| Other Revenues | 24708 | OtherRevenues |
| Revenue Not Rptd F990 | -175422 | RevenueNotRptdF990 |
| Revenue Subtotal | 7130604 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7130604 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2256940 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 102732 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 24708 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 127440 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2129500 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2129500 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | Identifier |
| Return Reference | PART V, LINE 4: | ReturnReference |
| Explanation | THE FOUNDATION'S ENDOWMENT FUNDS ARE DESIGNATED BY DONORS FOR SCHOLARSHIPS AND PROGRAMS WITHIN MATC. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PARTNERS IN EXCELLENCE | NameOfEvent1 |
| Gross Receipts Event1 | 12925 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 9950 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 2975 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 8141 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 225 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 1192 | OtherDirectExpensesEvent1 |
| Name Of Event2 | FIVE STAR EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 14051 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 12500 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 1551 | GrossRevenueEvent2 |
| Entertainment Event2 | 450 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 1499 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 14350 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 9350 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 5000 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 11321 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 1879 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 41326 | GrossReceiptsTotal |
| Charitable Contributions Total | 31800 | CharitableContributionsTotal |
| Gross Revenue Total Events | 9526 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 19462 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 675 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 4570 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 24707 | DirectExpenseSummaryEvents |
| Net Income Summary | -15181 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| MILWAUKEE AREA TECHNICAL COLLEGE | |||||||||
| 700 W STATE STREET | MILWAUKEE | WI | 53233 | 396003459 | 86450 | 171460 | FMV | EQUIPMENT, MEDICAL SUPPLIES, TOOLS, MATERIALS | FOR EDUCATIONAL AND EDUCATION-RELATED NEEDS |
| MILWAUKEE AREA TECHNICAL COLLEGE | |||||||||
| 700 W STATE STREET | MILWAUKEE | WI | 53233 | 396003459 | 1415473 | FMV | MPTV OPERATIONAL EXPENSES | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 300 | NumberOfRecipients |
| Amount Of Cash Grant | 223634 | AmountOfCashGrant |
| Description Of Non Cash Assistance | PROVIDE EDUCATIONAL SCHOLARSHIPS | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, LINE 2 | Identifier |
| Explanation | PROCEDURES FOR MONITORING GRANTS IN THE UNITED STATES: THE MATC FOUNDATION, INC. OPERATES AND MAINTAINS A COMPREHENSIVE RANGE OF FUNDS THAT HAVE BEEN ESTABLISHED TO SUPPORT THE EDUCATIONAL AND STRATEGIC GOALS OF THE COLLEGE AND MATC STUDENTS ANNUALLY. THE FOUNDATION AWARDS A WIDE RANGE OF SCHOLARSHIPS TO STUDENTS IN MILWAUKEE AREA TECHNICAL COLLEGE. ADDITIONALLY, THE FOUNDATION PROVIDES INSTITUTIONAL GRANTS THAT SUPPORT FACULTY AND STUDENT ACHIEVEMENT ON MANY LEVELS. SCHOLARSHIPS AND GRANTS ARE GIVEN BASED ON MEETING QUALIFYING CRITERIA. SCHOLARSHIPS ARE PAID DIRECTLY TO MATC AND ARE APPLIED TO STUDENT ACCOUNTS. OTHER GRANTS ARE PAID TO THIRD PARTIES WHENEVER POSSIBLE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL BURKE | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 233939 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 49352 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 283291 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 1275 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Cars And Other Vehicles CarsAndOtherVehicles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 75000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Drugs And Medical Supplies DrugsAndMedicalSupplies
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 15922 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT | 3 | 73344 | FMV |
| X | MATERIALS | 6 | 4931 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | THE MATC FOUNDATION ASSUMED THE ROLE OF ADMINISTERING FUNDS RAISED FOR MILWAUKEE PUBLIC TELEVISION |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | THE MATC FOUNDATION ASSUMED THE MANAGEMENT OF THE SCHOLARSHIP APPLICATION AND AWARDING PROCESS PREVIOUSLY HANDLED BY MATC'S FINANCIAL AID OFFICE. THE FOUNDATION IMPLEMENTED AN AUTOMATED SCHOLARSHIP MANAGEMENT SYSTEM TO MAKE IT EASIER FOR STUDENTS TO APPLY FOR SCHOLARSHIPS AND FOR THE FOUNDATION TO AWARD SCHOLARSHIPS. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE LANGUAGE IN ARTICLE II OF THE FOUNDATION'S ARTICLES OF INCORPORATION WAS AMENDED TO ENHANCE ITS ABILITY TO ADMINISTER DONOR-RESTRICTED SCHOLARSHIP FUNDS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND SENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, AND EXECUTIVE DIRECTOR ANNUALLY DISCLOSE POTENTIAL CONFLICTS TO THE BOARD VIA A PRINTED FORM. THE BOARD WILL DETERMINE THE APPROPRIATE COURSE OF ACTION OR IF NO ACTION IS NEEDED. | |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE DIRECTOR COMPENSATION - PERFORMANCE REVIEW IS ANNUALLY CONDUCTED BY MATC (RELATED ORGANIZATION). MATC ALSO PAYS COMPENSATION OF EXECUTIVE DIRECTOR. COMPENSATION IS DETERMINED BASED ON A COMPREHENSIVE PROCESS CONDUCTED BY MATC'S HUMAN RESOURCES DEPARTMENT AND INCLUDES COMPARATIVE DATA. | |
| FORM 990, PART VI, SECTION C, LINE 19 | MILWAUKEE AREA TECHNICAL COLLEGE FOUNDATION, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AUDITED FINANCIAL INFORMATION FOR THE FOUNDATION IS INCLUDED IN AN ANNUAL REPORT PRODUCED BY MATC, WHICH IS MAILED TO MAJOR DONORS AND COMMUNITY LEADERS, AS WELL AS POSTED ON OUR WEBSITE. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -200,130. DONATED SERVICES AND USE OF FACILITIES: -102,732. TOTAL TO FORM 990, PART XI, LINE 5: -302,862. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION'S PROCESS FOR ASSUMING RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILWAUKEE AREA TECHNICAL COLLEGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 W STATE STREET | AddressLine1 |
| City | MILWAUKEE | City |
| State | WI | State |
| ZIP Code | 53233 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 396003459 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | WI | LegalDomicileState |
| Exempt Code Section | GOVERNMENTAL UNIT | ExemptCodeSection |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (8 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| B | 223634 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| B | 86450 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| B | 171460 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| N | 102732 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| N | 123750 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| M | 20875 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| O | 1415473 | FMV |
| MILWAUKEE AREA TECHNICAL COLLEGE | ||
| O | 15375 | FMV |
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