2017-10-05T17:46:25-05:00 2016-12-31 420714325 RSM US LLP PO BOX 5946 MADISON WI 537050946 990 2016-01-01 390711650 WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC WISC 6082515577 150 E GILMAN STREET NO A MADISON WI 53703 WILLIAM SEPIC PRESIDENT 6082515577 2017-10-03 1 JAMES G GRAHAM P00006111 6088332612 108.171.131.186 2017-10-03 16:39:21 CD P B48E2E37FFF5A47125D50D51E29C0D672CE12467 F09455080562853F832900363057EFC36B366E94 2016 2021-01-29 14:40:06Z WILLIAM SEPIC 150 E GILMAN ST SUITE A MADISON WI 53703 2614218 0 X WWW.WATDA.ORG X 1928 WI ORGANIZED FOR THE PURPOSE OF ADVANCEMENT OF INTERESTS FOR AUTO & TRUCK DEALERS AND TO PROVIDE CONTINUING EDUCATION & OTHER SERVICES TO MEMBERS. 21 21 19 0 42890 28883 43454 43850 1578357 1747305 186960 22329 148106 0 1956877 1813484 144238 145595 0 0 512134 730683 0 0 0 649630 567669 1306002 1443947 650875 369537 5712346 6469826 638961 653813 5073385 5816013 ORGANIZED FOR THE PURPOSE OF ADVANCEMENT OF INTERESTS FOR AUTO & TRUCK DEALERS AND TO PROVIDE CONTINUING EDUCATION & OTHER SERVICES TO MEMBERS. 0 0 MEMBER SERVICES INCLUDING: GOVERNMENT, REGULATORY, INDUSTRY AND PUBLIC RELATIONS, RESEARCH, COUNSELING, LEGAL, ACCOUNTING AND TAX ASSISTANCE. MEMBER CONFERENCES AND EVENTS INCLUDING: CONFERENCES, REGIONAL MEETINGS AND EDUCATIONAL SEMINARS AND MATERIALS FOR MEMBERS AND EMPLOYEES. EXPENSE SHARING WITH AFFILIATES WATDA SERVICES, INC., THE FOUNDATION OF THE WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION, INC. AND WISCONSIN AUTOMOBILE AND TRUCK DEALERS INSURANCE TRUST, INC. FOR PROVIDING MANAGEMENT SERVICES TO THE AFFILIATES WHO PROVIDE WATDA MEMBERS WITH FORMS AND PROMOTIONAL PRODUCTS, DEALER BONDS, ENDORSED PRODUCTS AND OTHER SERVICES. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15 0 1 19 1 1 1 0 0 0 0 0 X 21 21 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 X MATT LAVOLD 6082515577 150 E GILMAN STREET LEVEL A MADISON WI 53703 PATTY NORDHEIM DIRECTOR 1.00 X 0 0 0 DAN EWALD DIRECTOR 1.00 X 0 0 0 MARK J GEIGER DIRECTOR 1.00 X 0 0 0 JAMES MOELLER DIRECTOR 1.00 X 0 0 0 LAWRENCE M MEADE DIRECTOR 1.00 X 0 0 0 R J BOLDT DIRECTOR 1.00 X 0 0 0 JOSHUA JOHNSON CHAIRMAN 1.00 X X 0 0 0 WAYNE GROSS TREASURER/SECRETARY 1.00 X X 0 0 0 LAVON FELTON PAST CHAIRMAN 1.00 X X 0 0 0 JIM OLSON DIRECTOR 1.00 X 0 0 0 DENNIS V TRECEK DIRECTOR 1.00 X 0 0 0 BRIAN EWALD DIRECTOR 1.00 X 0 0 0 MICHAEL W DARROW DIRECTOR 1.00 X 0 0 0 MARY ANN SCAFFIDI DIRECTOR 1.00 X 0 0 0 RICHARD SYMDON DIRECTOR 1.00 X 0 0 0 ROBERT HUDSON DIRECTOR 1.00 X 0 0 0 JASON VANCE DIRECTOR 1.00 X 0 0 0 MICHAEL R SHANNON SR DIRECTOR 1.00 X 0 0 0 ROBERT A CLAPPER CHAIRMAN ELECT 1.00 X X 0 0 0 FRANK A HALLADA DIRECTOR 1.00 X 0 0 0 TODD KOEHNE DIRECTOR 1.00 X 0 0 0 WILLIAM SEPIC PRESIDENT 40.00 X 201489 60183 60227 MATT LAVOLD CHIEF FINANCIAL OFFICER 40.00 X 86212 31701 10931 CHRIS SNYDER LEGAL COUNSEL, LOBBYIST 40.00 X 137433 16520 31907 425134 108404 103065 2 0 1 0 0 43850 43850 MEMBERSHIP DUES 900099 813105 813105 ROYALTIES 900099 504202 504202 STATISTIC SALES 900099 173994 173994 MEMBERSHIP EDUCATION 900099 151463 151463 NADA REBATE 900099 49448 49448 55093 12203 42890 1747305 78754 78754 744309 800734 -56425 -56425 -56425 1813484 1200213 42890 526531 145595 287701 340207 51442 7145 44188 54910 19470 96000 10731 31725 460 28583 53713 120366 63476 40418 29278 96305 INCOME TAX EXPENSE 5945 COST OF SALES 139039 DUES AND SUBSCRIPTIONS 18168 BANK FEES 9134 -250052 1443947 250 250 1697171 2174425 163947 88513 44556 25154 550245 486143 107943 64102 2619164 2848327 972405 1155771 106910 113284 5712346 6469826 151836 173638 487125 480175 638961 653813 X 4525093 5263871 548292 552142 5073385 5816013 5712346 6469826 369537 373091 0 X X 0 1 X 1 0 0 0 1 813105 276885 15931 292816 300942 -8126 550245 486143 64102 64102 WATDA SERVICES, INC 1155771 C 1155771 X 2043686 373091 373091 1670595 142889 142889 1813484 1304908 0 1304908 139039 139039 1443947 PART X, LINE 2: THE ASSOCIATION FOLLOWS THE PROVISIONS OF THE UNCERTAINTY IN INCOME TAXES SECTION OF THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THESE PROVISIONS ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF WATDA AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. AT DECEMBER 31, 2016 AND 2015, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED 139,039. INCREASE IN TEMPORARILY RESTRICTED ASSETS 3,850. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED 139,039. 1 FOUNDATION OF THE WATDA ASSOCIATION 391719902 501(C)(3) 75000 70595 SERVICES GENERAL OPERATIONS 1 FORM 990, SCHEDULE I, PART II, LINE 1(D) THE ASSOCIATION PROVIDED THE FOUNDATION $75,000 FOR GENERAL OPERATION EXPENSES. IN ADDITION THE ASSOCIATION AND FOUNDATION SHARE FACILITIES, EQUIPMENT AND EMPLOYEES. THE ASSOCIATION PROVIDED $70,595 OF UNREIMBURSED ADMINISTRATIVE AND GENERAL COSTS. THE FOUNDATION IS A RELATED TAX EXEMPT ORGANIZATION. X X 0 1 X X X X 0 0 0 WILLIAM SEPIC PRESIDENT 185743 55481 0 0 15746 4702 18639 5567 27736 8285 247864 74035 0 0 CHRIS SNYDER LEGAL COUNSEL, LOBBYIST 113026 13586 17854 2146 6553 788 10710 1287 17774 2136 165917 19943 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE ASSOCIATION PROVIDES A MADISON CLUB MEMBERSHIP FOR WILLIAM SEPIC. THE CLUB IS USED 100% FOR BUSINESS PURPOSES, AND THEREFORE THE DUES ARE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 1B THERE IS NO SPECIFIC WRITTEN POLICY FOR THE MADISON CLUB DUES. HOWEVER, IN PRACTICE, THE INDIVIDUAL EMPLOYEE WILL PROVIDE THE DUES INVOICES TO THE ASSOCIATION FOR PAYMENT. THE ASSOCIATION MAKES THE PAYMENT DIRECTLY TO THE MADISON CLUB UPON RECEIPT OF THE INVOICE. PART I, LINE 3 ALL OF THESE WERE USED AT THE TIME WHEN THE PRESIDENT WAS HIRED. A WRITTEN EMPLOYMENT CONTRACT WAS PREPARED WHEN HE WAS HIRED AND NO CHANGES HAVE BEEN MADE SINCE THEN. FORM 990, PART VI, SECTION A, LINE 6 WATDA HAS MEMBERS WHO PAY ANNUAL DUES TO BE A MEMBER OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS IN EACH DISTRICT VOTE FOR THE BOARD MEMBER TO REPRESENT THEIR DISTRICT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS REVIEWED BY THE CFO-CONTROLLER AND PRESIDENT BEFORE BEING FINALIZED. FORM 990, PART VI, SECTION B, LINE 15 A. WHEN THE CURRENT PRESIDENT WAS HIRED IN 2008, WATDA UTILIZED A TASK FORCE CONSISTING OF WATDA MEMBERS AND HIRED A SEARCH FIRM TO IDENTIFY AND SELECT A CANDIDATE. A MULTI-YEAR CONTRACT WAS THEN NEGOTIATED BETWEEN THE CANDIDATE AND WATDA. B. DURING THE BUDGET PROCESS, THE EXECUTIVE COMMITTEE AND THEN THE BOARD APPROVES A TOTAL COMPENSATION AMOUNT. EXECUTIVE MANAGEMENT TEAM THEN ALLOCATES THE APPROVED AMOUNT TO THE EMPLOYEES AND THE OVERALL ALLOCATION IS APPROVED BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC PATTY NORDHEIM - 1116 OAK FOREST DR, ONALASKA, WI 54650. DAN EWALD - 1720 PARAMOUNT DRIVE, WAUKESHA , WI 53186. MARK J. GEIGER - 7533 FELTON DRIVE, VERONA, WI 53593. JAMES MOELLER - PO BOX 14200, MADISON, WI 53718. LAWRENCE M. MEADE - PO BOX 454, WISCONSIN DELLS, WI 53965. R J. BOLDT - 1035 E BUSINESS HWY 151, PLATTEVILLE, WI 53818. JOSHUA JOHNSON - 15570 HWY 63, PO BOX 840, HAYWARD, WI 54843. WAYNE GROSS - 404 E DIVISION STREET, PO BOX 109, NEILLSVILLE, WI 54456. LAVON FELTON - 150 FAIRLANE DR, VIROQUA, WI 54665. JIM OLSON - 632 GREEN BAY RD, STURGEON BAY, WI 54235. DENNIS V. TRECEK - 1350 E. WISCONSIN, PO BOX 540, PORTAGE, WI 53901. BRIAN EWALD - 2700 GOLF ROAD, DELAFIELD, WI 53018. MICHAEL W. DARROW - W133 N8569 EXECUTIVE PKY, MENOMONEE FALLS, WI 53051. MARY ANN SCAFFIDI - 11301 METRO BLVD., MILWAUKEE, WI 53223. RICHARD SYMDON - 369 UNION STREET, EVANSVILLE, WI 53536. ROBERT HUDSON - 7520 CENTURY AVE, PO BOX 620525, MIDDLETON, WI 53562. JASON VANCE - 5252 STATE RD 93, EAU CLAIRE, WI 54701. MICHAEL R. SHANNON, SR. - 321 N ROLLING MEADOW DR, PO BOX 188, FOND DU LAC, WI 54936. ROBERT A. CLAPPER - 3601 E MILWAUKEE ST, JANESVILLE, WI 53546. FRANK A. HALLADA - 306 E LEFFLER ST, PO BOX 329, DODGEVILLE, WI 53533. TODD KOEHNE - W1760 US HWY 41, MARINETTE, WI 54143. FORM 990, PART XII, LINE 2C: THE AUDIT AND FINANCE COMMITTEE ARE RESPONSIBLE FOR THIS. THE POLICY DID NOT CHANGE. THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC 150 E GILMAN STREET SUITE A MADISON WI 53703 391719902 CHARITABLE WI 501(C)3 7 WATDA 1 WATDA INSURANCE TRUST 150 E GILMAN STREET SUITE A MADISON WI 53703 391099259 HEALTH AND WELFARE BENEFITS WI 501(C)9 WATDA 1 CARPAC CAR AND TRUCK RETAILERS POLITICAL ACTION COMMITTEE 150 E GILMAN STREET SUITE A MADISON WI 53703 391546098 POLITICAL ACTION WI 527 WATDA 1 WATDA SERVICES INC 150 E GILMAN STREET SUITE A MADISON WI 53703 391193487 BUSINESS SERVICES WI WATDA C 1339466 1416854 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 WATDA SERVICES INC Q 966264 COST WATDA INSURANCE TRUST Q 13466 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC Q 251871 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC B 145595 COST