2012-12-14T16:19:29-06:00 2012-06-30 390758449 WIPFLI LLP 43 A WEST DAVENPORT STREET RHINELANDER WI 54501 990 2011-07-01 237112418 NICOLET COLLEGE FOUNDATION NICO 7153654518 PO BOX 518 RHINELANDER WI 54501 HEATHER SCHALLOCK 7153654518 2012-12-11 1 RANDALL H BEARD CPA P00023289 7153691040 2012-12-11 2011 2016-02-24 21:20:13Z HEATHER SCHALLOCK PO BOX 518 RHINELANDER WI 54501 607944 0 X N/A X 1971 WI PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 14 11 0 50 0 0 309394 382245 0 0 23827 26836 15406 6557 348627 415638 214387 261092 0 0 0 0 0 0 0 116674 21122 331061 282214 17566 133424 1790080 1898979 10772 269 1779308 1898710 PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 0 0 225047 225047 PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING NICOLET COLLEGE 36045 36045 SPONSOR STUDENT ACTIVITIES WITH AN EDUCATIONAL PURPOSE 261092 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 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 35326 20680 LINDA DAVIDSON 1.00 X 0 0 0 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 ROXANNE LUTGEN 1.00 X 0 127650 50961 LEE GUENTHER 1.00 X 0 0 0 CINDY MEINHOLZ 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 87235 18656 JOHN SCHIEK 1.00 X 0 0 0 LINDA SKALLERUD 1.00 X 0 0 0 0 250211 90297 0 0 1 0 0 382245 1010 382245 26836 26836 25200 20338 4862 4862 4862 170000 170000 0 0 3663 1968 1695 1695 415638 26836 0 6557 36045 36045 225047 225047 3104 3104 11438 11438 3294 3294 94 94 BOARD EXPENSES 847 847 2345 2345 282214 261092 21122 0 374075 188067 470858 542532 605 1870 263500 31164 241240 232336 433622 663435 269680 270739 1790080 1898979 10772 269 10772 269 X 781506 681453 699299 918754 298503 298503 1779308 1898710 1790080 1898979 X 133424 -14022 X X 0 1 1 X 0 X 376896 294964 298780 309394 382245 1662279 376896 294964 298780 309394 382245 1662279 692559 969720 32547 22116 20859 30069 31698 137289 945 633 1071 1485 3663 7797 1807365 44864 0.53650 0.64430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 338615 3184 1496 12100 331195 320333 7029 23834 12581 338615 313736 6736 4904 5043 320333 314872 4240 -870 4506 313736 0.90130 0.09870 0 0 40900 40900 222600 31164 191436 0 232336 ASSETS HELD FOR RESALE 266400 ACCRUED INTEREST RECEIVABLE 4339 270739 415638 282214 133424 -14022 -14022 119402 530974 -14022 110156 96134 434840 3104 -22306 -19202 415638 411572 110156 22306 132462 279110 3104 3104 282214 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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: $20,338 SPECIAL EVENT EXPENSES: $1,968 FORM 990, SCHEDULE D, PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES: $20,338 SPECIAL EVENT EXPENSES: $1,968 1 NICOLET AREA TECHNICAL COLLEGE 5364 COLLEGE DRIVE RHINELANDER WI 54501 391086910 36045 PROVIDE SUPPLEMENTAL FUNDING FOR EDUCATIONAL PROGRAMS AT NICOLET AREA TECHNICAL COLLEGE SCHOLARSHIPS 238 225047 0 0 0 0 0 0 0 0 0 ROXANNE LUTGEN 0 127500 0 0 0 150 0 0 0 50961 0 178611 0 0 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 INTERST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC AT ITS OFFICE AT 5364 COLLEGE DRIVE, RHINELANDER, WISCONSIN. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -14,022. 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 1 1 0 0 0 0 NICOLET TECHNICAL COLLEGE M 4500 FAIR MARKET VALUE NICOLET TECHNICAL COLLEGE N 105656 FAIR MARKET VALUE