WBD INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WBD INC (EIN 39-1400466)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-06-15
- IRS object ID
- 202131669349301413
- Schema version
- 2019v5.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-06-15T13:39:43-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8700 | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 537088700 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391400466 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WBD INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WBDI | BusinessNameControlTxt |
| Phone | 6088190390 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4618 SOUTH BILTMORE LANE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53718 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARCIE MAHUTA | PersonNm |
| Person Title | SVP FINANCE & ADMIN. | PersonTitleTxt |
| Phone | 6088190390 | PhoneNum |
| Signature | 2021-02-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEAN CHRISTENSEN | PreparerPersonNm |
| PTIN | P00368719 | PTIN |
| Phone | 6082741980 | PhoneNum |
| Preparation | 2021-02-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAN SCHNEIDER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4618 SOUTH BILTMORE LANE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,631,354 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WBD.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1981 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | BUSINESS FINANCE RESOURCE THAT PROVIDES THE KNOWLEDGE, SERVICES AND ACCESS TO CAPITAL NEEDED TO CREATE JOBS, GROW BUSINESSESS AND BUILD COMMUNITIES. OUR MOST SIGNIFICANT ACTIVITY IS GENERATING SBA 504 LOANS FOR SMALL BUSINESSES THAT CREATE AND RETAIN JOBS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Volunteers | 30 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $140,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,774,193 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,446,090 | CYProgramServiceRevenueAmt |
| PY Investment Income | $98,341 | PYInvestmentIncomeAmt |
| CY Investment Income | $168,266 | CYInvestmentIncomeAmt |
| PY Other Revenue | $23,276 | PYOtherRevenueAmt |
| CY Other Revenue | $9,800 | CYOtherRevenueAmt |
| PY Total Revenue | $7,035,810 | PYTotalRevenueAmt |
| CY Total Revenue | $7,624,156 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $104,844 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $406,623 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,559,387 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,413,519 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,192,538 | PYOtherExpensesAmt |
| CY Other Expenses | $1,177,298 | CYOtherExpensesAmt |
| PY Total Expenses | $5,856,769 | PYTotalExpensesAmt |
| CY Total Expenses | $6,997,440 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,179,041 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $626,716 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,377,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,220,211 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,840,941 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,477,963 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,536,133 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,742,248 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PRACTICAL ASSISTANCE TO ENCOURAGE THE DEVELOPMENT OF DESIRABLE INDUSTRIES, PROJECTS & BUSINESS CONCERNS, PARTICULARLY THE RETENTION, GROWTH & EXPANSION OF SMALL BUSINESS CONCERNS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,593,418 | ExpenseAmt |
| Grant | $406,623 | GrantAmt |
| Revenue | $7,446,090 | RevenueAmt |
| Desc | WBD, INC. WAS FORMED TO ASSIST SMALL BUSINESSES IN GAINING ACCESS TO CAPITAL IN ORDER TO GROW THEIR BUSINESSES, PROVIDE JOB OPPORTUNITIES, AND INSPIRE THEIR COMMUNITIES.THE CORNERSTONE OF WBD'S SUCCESS IS THE DELIVERY OF THE SBA 504 PRODUCT. SOLD NATIONWIDE EXCLUSIVELY BY NOT-FOR-PROFIT CERTIFIED DEVELOPMENT COMPANIES (CDC), THE SBA 504 LOAN FULFILLS THE U.S. SMALL BUSINESS ADMINISTRATION'S (SBA) PUBLIC POLICY OBJECTIVE TO SUPPORT SMALL BUSINESSES AND CREATE JOBS IN OUR COMMUNITIES THROUGH LONG-TERM, FIXED RATE FINANCING. AT 9/30/20, THE SBA 504 PORTFOLIO INCLUDED 1,477 LOANS TOTALING $790,487,459. DURING THE REPORTING PERIOD, 210 LOANS TOTALING $154,373,360 WERE FUNDED; WHICH CREATED OR RETAINED 1,612 JOBS. SINCE 1981, WBD HAS HELPED FUND OVER 3,000 BUSINESSES IN WISCONSIN, EASTERN MINNESOTA, AND UPPER MICHIGAN; CREATED MORE THAN 69,000 JOBS; AND PRODUCED PROJECTS IN 71 OF 72 WISCONSIN COUNTIES. THIS PAST YEAR, WBD IS THE 7TH LARGEST PRODUCER OUT OF THE 203 CDCS IN THE U.S. WBD PARTICIPATED IN PROJECTS WITH OVER 103 WISCONSIN LENDERS AND SERVED AS AN INTEGRAL HUB IN EVERY PROJECT. ADDITIONALLY, WBD BRIDGED THE CONSTANT NEED FOR ACCESS TO CAPITAL MARKETS WHILE KEEPING THE INTERESTS OF THE LENDER, THE SBA, AND MORE IMPORTANTLY THE SMALL BUSINESS AT THE FOREFRONT. THROUGH OUR WBD SERVICE COMPANY, LLC AFFILIATE, WE PROVIDE OUTSOURCED SERVICES OF TRAINING, CONSULTING AND LOAN PACKAGING TO FINANCIAL INSTITUTIONS AND NON-BANK COMMUNITY DEVELOPMENT LENDERS FOR THE SBA GOVERNMENT SPONSORED LENDING PROGRAMS. THESE PROGRAMS PROVIDE SMALL BUSINESSES WITH A MORE FLEXIBLE ACCESS TO CAPITAL SOLUTION THAN CONVENTIONAL FINANCING. WDB'S EXPERTISE WITH THE SBA 7(A) AND COMMUNITY REINVESTMENT FUND PROGRAMS, ALONG WITH OTHER NATIONAL, STATE, AND LOCAL PROGRAMS, DELIVERS VALUE FOR PROJECTS THAT NEED MORE THAN FIXED ASSET FINANCING AVAILABLE THROUGH OUR CORE SBA 504 LOAN PROGRAM. THE 7(A) PROGRAM PROVIDES SBA FUNDING FOR PROJECTS UP TO $5,000,000 WITH LOAN GUARANTEES OF UP TO $3,750,000 FOR BUSINESS START-UPS, EXPANSIONS, ACQUISITIONS, FIXED ASSETS, AND OPERATIONAL EXPENSES. DURING THE REPORTING PERIOD, 39 TYPE 7(A) LOANS WERE PACKAGED BY WBD. THESE LOANS SUPPORTED THE CREATION OR RETENTION OF 247 JOBS AND MORE THAN $35,695,600 MILLION OF TOTAL PROJECT VALUES. THROUGH OUR PARTNERSHIP WITH VARIOUS COMMUNITY DEVELOPMENT AND MINORITY CHAMBER ORGANIZATIONS, WBD SERVICE COMPANY OFFERS LOAN SERVICING AND BACK OFFICE SUPPORT ENHANCING THE AGENCIES' ABILITIES TO DELIVER THE SERVICES THEY PROVIDE. THESE AGENCIES INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: HMONG CHAMBER OF COMMERCE, AFRICAN AMERICAN CHAMBER OF COMMERCE, AND FIRST AMERICAN CAPITAL CORPORATION. | Desc |
| Total Program Service Expenses | $5,593,418 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 47 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 51 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RANDAL KYLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6088190390 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4618 SOUTH BILTMORE LANE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53718 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| DAN SCHNEIDER | |||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $285,677 | $0 | $39,873 | ||
| RANDAL KYLE | |||||||
| EXECUTIVE VP & COO | 40.00 | Yes (X) | $256,562 | $0 | $21,216 | ||
| WENDA ROYCRAFT | |||||||
| SENIOR VP & CHIEF CREDIT OFFICER | 40.00 | Yes (X) | $223,940 | $0 | $11,208 | ||
| STEPHEN KOHL | |||||||
| VP & LOAN OFFICER | 40.00 | $166,562 | $0 | $23,138 | Yes (X) | ||
| JASON MONNETT | |||||||
| SENIOR VP & SENIOR LENDER | 40.00 | $170,933 | $0 | $13,735 | Yes (X) | ||
| NICHOLAS DREWSEN | |||||||
| VP & LOAN OFFICER | 40.00 | $142,018 | $0 | $9,663 | Yes (X) | ||
| LANCE WALTER | |||||||
| VP & LOAN OFFICER | 40.00 | $136,859 | $0 | $6,767 | Yes (X) | ||
| MARCIE MAHUTA | |||||||
| VP OF FINANCE | 40.00 | $126,120 | $0 | $13,359 | Yes (X) | ||
| BILL MITCHELL | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $3,550 | $0 | $0 | Yes (X) | |
| KIM KINDSCHI | |||||||
| SECRETARY | 1.00 | Yes (X) | $3,600 | $0 | $0 | Yes (X) | |
| CRAIG ADERHOLD | |||||||
| DIRECTOR | 1.00 | $1,250 | $0 | $0 | Yes (X) | ||
| PAM CHRISTENSON | |||||||
| DIRECTOR | 1.00 | $1,100 | $0 | $0 | Yes (X) | ||
| DEBRA CLEMENTS | |||||||
| DIRECTOR (THRU NOV) | 1.00 | $600 | $0 | $0 | Yes (X) | ||
| BARB LAMUE | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| TOM MEWS | |||||||
| DIRECTOR | 1.00 | $1,550 | $0 | $0 | Yes (X) | ||
| STEVE PETERSON | |||||||
| DIRECTOR | 1.00 | $3,650 | $0 | $0 | Yes (X) | ||
| DAVE PROVANCHER | |||||||
| DIRECTOR | 1.00 | $2,850 | $0 | $0 | Yes (X) | ||
| PATRICK SCHLOSS | |||||||
| DIRECTOR | 1.00 | $3,550 | $0 | $0 | Yes (X) | ||
| TIM SCHNEIDER | |||||||
| DIRECTOR | 1.00 | $3,700 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,534,071 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $138,959 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STAFFORD ROSENBAUM LLP | |||||
| PO BOX 1784 | MADISON | WI | 53701 | LEGAL SERVICES | $273,781 |
| WIPFLI LLP | |||||
| PO BOX 8700 | MADISON | WI | 53713 | ACCOUNTING AND IT SERVICES | $227,741 |
| LAW FIRM OF CONWAY OLEJNICZAK & JERRY | |||||
| PO BOX 23200 | GREEN BAY | WI | 54305 | LEGAL SERVICES | $158,771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEES FROM LENDING ACTI | 522291 | $6,652,964 | $6,652,964 |
| LENDER SERVICES & TRAI | 522291 | $522,216 | $522,216 |
| FLOAT INTEREST EARNED | 522291 | $270,910 | $270,910 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,446,090 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $163,894 | TotalRevenueColumnAmt |
| Exclusion | $163,894 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,570 | SecuritiesAmt |
| Other | $10,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $506 | SecuritiesAmt |
| Other | $6,692 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,064 | SecuritiesAmt |
| Other | $3,308 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,372 | TotalRevenueColumnAmt |
| Exclusion | $4,372 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,800 | TotalRevenueColumnAmt |
| Exclusion | $9,800 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,800 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,624,156 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,446,090 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $178,066 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,623 | TotalAmt |
| Program Services | $406,623 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $864,266 | TotalAmt |
| Program Services | $693,580 | ProgramServicesAmt |
| Management And General | $170,686 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,750,124 | TotalAmt |
| Program Services | $3,002,235 | ProgramServicesAmt |
| Management And General | $747,889 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,009 | TotalAmt |
| Program Services | $181,738 | ProgramServicesAmt |
| Management And General | $37,271 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $292,810 | TotalAmt |
| Program Services | $228,460 | ProgramServicesAmt |
| Management And General | $64,350 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,310 | TotalAmt |
| Program Services | $230,166 | ProgramServicesAmt |
| Management And General | $57,144 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,581 | TotalAmt |
| Management And General | $3,581 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,500 | TotalAmt |
| Program Services | $16,376 | ProgramServicesAmt |
| Management And General | $4,124 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,823 | TotalAmt |
| Management And General | $31,823 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,823 | TotalAmt |
| Program Services | $25,875 | ProgramServicesAmt |
| Management And General | $10,948 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,176 | TotalAmt |
| Program Services | $77,138 | ProgramServicesAmt |
| Management And General | $19,038 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,316 | TotalAmt |
| Program Services | $188,167 | ProgramServicesAmt |
| Management And General | $143,149 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,269 | TotalAmt |
| Program Services | $261,832 | ProgramServicesAmt |
| Management And General | $64,437 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,993 | TotalAmt |
| Program Services | $36,107 | ProgramServicesAmt |
| Management And General | $8,886 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,009 | TotalAmt |
| Program Services | $51,849 | ProgramServicesAmt |
| Management And General | $13,160 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,834 | TotalAmt |
| Program Services | $3,059 | ProgramServicesAmt |
| Management And General | $775 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,017 | TotalAmt |
| Program Services | $61,004 | ProgramServicesAmt |
| Management And General | $15,013 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,922 | TotalAmt |
| Program Services | $36,853 | ProgramServicesAmt |
| Management And General | $9,069 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BAD DEBT EXPENSE | $75,149 | $75,149 | |
| DUES AND SUBSCRIPTIONS | $13,480 | $10,801 | $2,679 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,406 | TotalAmt |
| Program Services | $6,406 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,997,440 | TotalAmt |
| Program Services | $5,593,418 | ProgramServicesAmt |
| Management And General | $1,404,022 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,048,361 | BOYAmt |
| EOY | $668,412 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,453,839 | BOYAmt |
| EOY | $3,318,840 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $679,251 | BOYAmt |
| EOY | $818,448 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,126 | BOYAmt |
| EOY | $213,308 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,000 | BOYAmt |
| EOY | $161,878 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $583,621 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $398,582 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $169,693 | BOYAmt |
| EOY | $185,039 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,313,345 | BOYAmt |
| EOY | $5,823,007 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,459 | BOYAmt |
| EOY | $31,279 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,377,074 | BOYAmt |
| EOY | $11,220,211 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,035,355 | BOYAmt |
| EOY | $1,790,058 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,950 | BOYAmt |
| EOY | $19,393 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $791,636 | BOYAmt |
| EOY | $668,512 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,840,941 | BOYAmt |
| EOY | $2,477,963 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,536,133 | BOYAmt |
| EOY | $8,742,248 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,536,133 | BOYAmt |
| EOY | $8,742,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,377,074 | BOYAmt |
| EOY | $11,220,211 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $626,716 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $351,937 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $227,462 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $124,434 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $358 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $260,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $140,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $524,792 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,877,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,669,470 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,386,001 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,774,193 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,446,090 | CurrentTaxYearAmt |
| Total | $33,152,828 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $604,983 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,683 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,508 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,276 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,800 | CurrentTaxYearAmt |
| Total | $716,250 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,606,491 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,707,511 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,686,509 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,937,469 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,455,890 | CurrentTaxYearAmt |
| Total | $34,393,870 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $34,393,870 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $63,543 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $99,043 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $151,654 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $163,894 | CurrentTaxYearAmt |
| Total | $546,619 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $63,543 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $99,043 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $151,654 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $163,894 | CurrentTaxYearAmt |
| Total | $546,619 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,674,976 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,771,054 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,785,552 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,089,123 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,619,784 | CurrentTaxYearAmt |
| Total | $34,940,489 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98440 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98510 | PublicSupportPY509Pct |
| Investment Income CY | 0.01560 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01490 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $2,375 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $2,375 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | 1(I): THE ORGANIZATION IS A MEMBER OF NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES (NADCO). A PORTION OF THE DUES PAID TO NADCO ARE FOR LOBBYING. NADCO ASSISTS MEMBER CERTIFIED DEVELOPMENT COMPANIES DELIVER THE SBA 504 LOAN PROGRAM TO THE NATION'S SMALL BUSINESSES THROUGH LEGISLATIVE AFFAIRS, REGULATORY AFFAIRS, EDUCATION, TRAINING AND OUTREACH. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,927 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,989 | DepreciationAmt |
| Book Value | $16,938 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $549,694 | OtherCostOrOtherBasisAmt |
| Depreciation | $381,593 | DepreciationAmt |
| Book Value | $168,101 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $185,039 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | APPLICATION DEPOSITS | Desc |
| Amt | $668,512 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $668,512 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,944,270 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $351,937 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$31,823 | OtherRevenueAmt |
| Revenue Not Reported | $320,114 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,624,156 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,624,156 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,965,617 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,965,617 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $31,823 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $31,823 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,997,440 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | FINANCIAL ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO DETERMINE WHETHER IT'S 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. THERE ARE NO RECORDED ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES -31,823. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| WISCONSIN ECONOMIC DEVELOPMENT ASSOCIATION INC | |||||||
| 2801 INTERNATIONAL LN STE 106 | MADISON | WI | 53704 | 510180680 | 501(C)6 | $150,000 | SUPPORT CRA NETWORK |
| WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP | |||||||
| 1533 N RIVERCENTER DRIVE | MILWAUKEE | WI | 53212 | 391597954 | 501(C)3 | $90,000 | FUNDING OF LOAN LOSS RESERVE THAT LEVERAGES WWBIC'S ABILITY TO PROVIDE SMALL BUSINESS LOANS, SUPPORT KIVA GREATER MADISON PROJECT |
| NORTHEAST ENTREPRENEUR FUND INC | |||||||
| 202 W SUPERIOR ST STE 311 | DULUTH | MN | 55802 | 363566632 | 501(C)3 | $150,000 | LOAN CAPITAL TO SMALL BUSINESS THAT CREATE AND RETAIN JOBS IN RURAL COUNTIES OF WI AND MN |
| NEW NORTH INC | |||||||
| 600 N ADAMS ST | GREEN BAY | WI | 54301 | 260114487 | 501(C)3 | $10,000 | FUNDING TO SUPPORT A REGIONAL PLAN FOR INCREASING DIVERSITY AND RETENTION OF PEOPLE OF COLOR |
| WISCONSIN RURAL PARTNERS | |||||||
| 8576 NORTH BLACK OAK DR | EDGERTON | WI | 53534 | 391859514 | 501(C)3 | $5,000 | SUPPORT ANNUAL MEETING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS THROUGH COMPLIANCE OF PROGRAM FUNDING SOURCE REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAN SCHNEIDER | ||||||||||||||
| PRESIDENT & CEO | $215,250 | $0 | $50,000 | $0 | $20,427 | $0 | $12,237 | $0 | $27,636 | $0 | $325,550 | $0 | $0 | $0 |
| RANDAL KYLE | ||||||||||||||
| EXECUTIVE VP & COO | $180,056 | $0 | $55,000 | $0 | $21,506 | $0 | $6,822 | $0 | $14,394 | $0 | $277,778 | $0 | $0 | $0 |
| WENDA ROYCRAFT | ||||||||||||||
| SENIOR VP & CHIEF CREDIT OFFICER | $170,837 | $0 | $35,000 | $0 | $18,103 | $0 | $9,298 | $0 | $1,910 | $0 | $235,148 | $0 | $0 | $0 |
| STEPHEN KOHL | ||||||||||||||
| VP & LOAN OFFICER | $109,223 | $0 | $57,339 | $0 | $0 | $0 | $7,728 | $0 | $15,410 | $0 | $189,700 | $0 | $0 | $0 |
| JASON MONNETT | ||||||||||||||
| SENIOR VP & SENIOR LENDER | $144,575 | $0 | $25,000 | $0 | $1,358 | $0 | $7,714 | $0 | $6,021 | $0 | $184,668 | $0 | $0 | $0 |
| NICHOLAS DREWSEN | ||||||||||||||
| VP & LOAN OFFICER | $98,244 | $0 | $43,231 | $0 | $543 | $0 | $4,663 | $0 | $5,000 | $0 | $151,681 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION MADE THE FOLLOWING CHANGES TO ITS BYLAWS DURING THE YEAR: 1. UPDATED THE NUMBER OF VOTING MEMBERS OF THE BOARD OF DIRECTORS 2. UPDATED THE BOARD OF DIRECTORS DUTIES |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF FORM 990 IS REVIEWED BY THE EXECUTIVE VICE PRESIDENT & COO. A FINAL DRAFT OF FORM 990 PROVIDED TO ALL MEMBERS OF THE AUDIT & FINANCE COMMITTEE FOR REVIEW AND TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. THE COMPLETED FORM 990 IS POSTED TO THE SECURE PORTION OF THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART VI, SECTION B, LINE 12C | EMPLOYEE SIGNED ACKNOWLEDGMENTS STATING UNDERSTANDING OF THE POLICY ARE COLLECTED ANNUALLY. BOARD AND COMMITTEE MEMBERS ABSTAIN FROM VOTING ON AN ISSUE IF THERE IS A CONFLICT OR PERCEIVED CONFLICT. U.S. SMALL BUSINESS ADMINISTRATION REGULATORY COMPLIANCE REQUIRE THE ORGANIZATION TO REPORT CONFLICTS OF INTEREST. DIRECTORS RESPOND TO A SURVEY THAT INQUIRES ABOUT OTHER BOARD PARTICIPATION AND INVOLVEMENT. THOSE BOARD RESPONSES ARE REVIEWED TO ASSURE POLICY COMPLIANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR SETTING THE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. A PERIODIC MARKET SURVEY IS CONDUCTED THROUGH USE OF A LABOR CONSULTANT AND USED WHEN REVIEWING EXECUTIVE COMPENSATION. THE COMPENSATION OF THE OTHER MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM IS REVIEWED AND SET BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE BOARD, THROUGH APPROVAL OF THE OVERALL OPERATING BUDGET, REVIEWS AND APPROVES ALL COMPENSATION AND BONUS PAYMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | NET ASSETS/EQUITY DISTRUBUTION 227,462. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| WBD SERVICE COMPANY LLC | ||||||||
| 4618 SOUTH BILTMORE LANE | MADISON | WI | 53718 | LOAN UNDERWRITING, SERVICING, AND COMPLIANCE. | WI | $514,202 | $296,329 | WBD INC |
| WBD ADVANTAGE FUND LLC | ||||||||
| 4618 SOUTH BILTMORE LANE | MADISON | WI | 53718 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION. | WI | $0 | $0 | WBD INC |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| WBD GROWTH FUND VII LLC | |||||||
| 4618 SOUTH BILTMORE LANE | MADISON | WI | 53718 | 263734723 | NEW MARKET TAX CREDITS | WI | N/A |
| WBD GROWTH FUND VIII LLC | |||||||
| 4618 SOUTH BILTMORE LANE | MADISON | WI | 53718 | 263734816 | NEW MARKET TAX CREDITS | WI | N/A |
| CHASE NMTC JL WI INVESTMENT FUND LLC | |||||||
| 4618 SOUTH BILTMORE LANE | MADISON | WI | 53718 | 371700709 | NEW MARKET TAX CREDITS | WI | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISCONSIN BUSINESS GROWTH FUND INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4618 SOUTH BILTMORE LANE | AddressLine1Txt |
| City | MADISON | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 53718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470959423 | EIN |
| Primary Activities | DEPLOY NEW MARKET TAX CREDITS, PROVIDE CAPITAL FOR SMALL BUSINESS LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | WI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WBD INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $6,884 | ShareOfTotalIncomeAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |