2011-12-15T09:39:11-06:00 2011-06-30 WIPFLI LLP 43 A WEST DAVENPORT STREET RHINELANDER WI 54501 990 2010-07-01 237112418 NICOLET COLLEGE FOUNDATION NICO 7153654518 PO BOX 518 RHINELANDER WI 54501 ROXANNE LUTGEN 7153654518 2011-11-11 1 RANDALL H BEARD CPA 7153691040 2011-11-11 2010 2016-02-24 21:20:13Z ROXANNE LUTGEN 536642 0 X N/A X 1971 WI PROVIDE SUPPORT FOR STUDENTS AND PROGRAMS OF NICOLET COLLEGE. 9 9 0 0 0 0 298780 309394 0 0 32384 23827 17640 15406 348804 348627 201587 214387 0 0 0 0 0 0 2454 20950 116674 222537 331061 126267 17566 1701252 1790080 569 10772 1700683 1779308 NONE 0 0 195707 PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING NICOLET COLLEGE 18680 SPONSOR STUDENT ACTIVITIES WITH AN EDUCATIONAL PURPOSE 214387 1 1 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 0 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 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 WI X ROXANNE LUTGEN 7153654518 PO BOX 518 RHINELANDER WI 54501 MR PAUL KNUTH 1.00 X 0 0 0 MRS LINDA DAVIDSON 1.00 X X 0 0 0 MR TOM LAWRENCE 1.00 X 0 0 0 MR DON ROBERTS 1.00 X X 0 24122 0 MR JACK SUTLIFF 1.00 X X 0 0 0 MR BRUCE KOTILA 1.00 X 0 0 0 MR RON GARRISON 1.00 X 0 0 0 MR LEE GUENTHER 1.00 X 0 0 0 MS CINDY MEINHOLZ 1.00 X X 0 0 0 MS ROXANNE LUTGEN 4.00 X 0 70119 22174 0 94241 22174 0 0 0 0 0 309394 751 309394 23750 23750 22389 16070 6319 6319 6319 172022 171945 77 77 77 VENDING AND PARKING 900099 7602 7602 SPECIAL EVENT 900099 1485 1485 9087 348627 32914 0 6319 18680 18680 195707 195707 7145 7145 2408 2408 2790 2790 338 338 1127 1127 IMPAIRMENT LOSS ON ASSE 87000 87000 DEMOLITION OF DONATED P 8970 8970 SPECIAL EVENTS 2454 2454 BOARD EXPENSES 2388 2388 MISCELLANEOUS 2054 2054 331061 214387 114220 2454 309185 374075 507974 470858 605 263500 22260 250144 241240 279274 433622 354675 269680 1701252 1790080 569 10772 569 10772 X 641852 781506 765328 699299 293503 298503 1700683 1779308 1701252 1790080 X 17566 61059 X 0 1 1 X 0 X 408949 376896 294964 298780 309394 1688983 408949 376896 294964 298780 309394 1688983 508075 1180908 32980 32547 22116 20859 30069 138571 1088 945 633 1071 1485 5222 1832776 49258 0.64430 0.68810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 320333 7029 22224 12581 337005 313736 6736 4904 5043 320333 314872 4240 -870 4506 313736 0.88600 0.11400 0 0 40900 40900 222600 22260 200340 0 241240 ASSETS HELD FOR RESALE 266400 ACCRUED INTEREST RECEIVABLE 3280 269680 348627 331061 17566 61059 61059 78625 506762 61059 83414 144473 362289 2408 -16070 -13662 348627 428137 83414 16070 99484 328653 2408 2408 331061 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 2007 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS. PART X11, LINE 4B - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES: 16070 PART X111, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSES: 16070 1 NICOLET AREA TECHNICAL COLLEGE 5364 COLLEGE DRIVE RHINELANDER WI 54501 391086910 18680 PROVIDE SUPPLEMENTAL FUNDING FOR EDUCATIONAL PROGRAMS AT NICOLET AREA TECHNICAL COLLEGE SCHOLARSHIPS 191 195707 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 15 THE PROCESS FOR DETERMINING COMPENSATION OF KEY EMPLOYEES 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 GAINS ON INVESTMENTS: 61,059. 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 1 0 0