2015-07-29T10:44:54-05:00 2014-12-31 420714325 MCGLADREY LLP PO BOX 5946 MADISON WI 537050946 990 2014-01-01 390711650 WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC WISC 6082515577 PO BOX 5345 MADISON WI 53705 WILLIAM SEPIC PRESIDENT 6082515577 2015-07-15 1 JAMES G GRAHAM P00006111 6088332612 2014 2016-02-25 16:41:14Z WILLIAM SEPIC POBOX 5345 MADISON WI 53705 1987700 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. 22 22 19 0 48388 32422 41092 44300 1406799 1557576 198442 193357 -89402 -31181 1556931 1764052 148609 142563 0 0 450906 492407 0 0 0 770917 653411 1370432 1288381 186499 475671 4905657 5286240 661003 637958 4244654 4648282 X ORGANIZED FOR THE PURPOSE OF ADVANCEMENT OF INTERESTS FOR AUTO & TRUCK DEALERS AND TO PROVIDE CONTINUING EDUCATION & OTHER SERVICES TO MEMBERS. 0 1 MEMBER SERVICES - EXPENSES ON BEHALF OF MEMBERSHIP FOR GOVERNMENT AND INDUSTRY RELATIONS, RESEARCH, COUNSELING AND LEGAL ASSISTANCE, EDUCATION SEMINARS AND MATERIALS FOR MEMBERS MEMBER CONFERENCES AND MEETINGS - REGIONAL MEETINGS THROUGHOUT WISCONSIN FOR FULL MEMBERSHIP EXPENSES ARE ALLOCATED TO WATDA SERVICES, INC., WISCONSIN AUTOMOBILE AND TRUCK DEALERS INSURANCE TRUST, INC. AND THE FOUNDATION OF THE WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION, INC.; PROVIDE MANAGEMENT SERVICES TO THESE AFFILIATED ORGANIZATIONS THAT PROVIDE MEMBERS OF WATDA WITH WATDA ENDORSED PRODUCTS AND SERVICES. COMMUNICATIONS - PUBLIC RELATIONS EXPENDITURES, PREPARATION AND DISTRIBUTION OF REFERENCE MANUAL AND NEWSLETTER, AND INFORMATIONAL MAILINGS TO FULL MEMBERSHIP. 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 11 0 1 19 1 1 1 0 0 0 0 0 X 22 22 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 X MATT LAVOLD 6082515577 150 EAST GILMAN STREETLEVEL A MADISON WI 53703 THOMAS WEIGAND DIRECTOR 1.00 X 0 0 0 JOHN R MCCOY DIRECTOR 1.00 X 0 0 0 LAWRENCE M MEADE DIRECTOR 1.00 X 0 0 0 RONALD J BOLDT DIRECTOR 1.00 X 0 0 0 JOSHUA JOHNSON SECRETARY/TREASURER 1.00 X X 0 0 0 WAYNE GROSS DIRECTOR 1.00 X 0 0 0 LAVON FELTON CHAIR ELECT 1.00 X X 0 0 0 TIMOTHY SHARON DIRECTOR 1.00 X 0 0 0 DAVID M CUENE DIRECTOR 1.00 X 0 0 0 JAMES FLOOD DIRECTOR 1.00 X 0 0 0 DONALD L LARSON DIRECTOR 1.00 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 KARL WUESTHOFF CHAIR 1.00 X X 0 0 0 ROBERT HUDSON DIRECTOR 1.00 X 0 0 0 MARK OLINYK DIRECTOR 1.00 X 0 0 0 JOHN SCHALLER DIRECTOR 1.00 X 0 0 0 JASON VANCE DIRECTOR 1.00 X 0 0 0 WILLIAM SEPIC PRESIDENT 40.00 X 191263 60399 44778 MATT LAVOLD CHIEF FINANCIAL OFFICER 40.00 X 65804 40351 9963 CHRIS SNYDER LEGAL COUNSEL, LOBBYIST 40.00 X 116518 10450 31974 373585 111200 86715 2 0 1 0 0 44300 44300 MEMBERSHIP DUES 900099 778416 778416 ROYALTIES 900099 398403 398403 STATISTIC SALES 900099 178370 178370 MEMBERSHIP EDUCATION 900099 118189 118189 DEALER POINT PUBLICATI 511110 48388 48388 35810 35810 1557576 159081 159081 257924 223648 34276 34276 34276 NET BOOK LOSS OF SUB 900099 -31181 -31181 -31181 1764052 1079604 48388 591760 142563 257067 163120 35829 36391 6792 13217 90000 10556 49291 714 22512 80261 48014 27716 450 24053 65315 COST OF SALES 142692 PRINTING AND POSTAGE 36051 OTHER 28617 INCOME TAX EXPENSE 7160 1288381 250 250 847423 1361994 401236 133543 17065 92672 551165 453245 157436 97920 2553673 2707038 855480 824299 73094 68524 4905657 5286240 192579 155587 459933 479376 8491 2995 661003 637958 X 3781073 4140401 463581 507881 4244654 4648282 4905657 5286240 475671 -72043 0 X X 0 1 X 1 0 0 0 1 778416 272318 9851 282169 298205 -16036 551165 453245 97920 97920 WATDA SERVICES, INC 824299 C 824299 X 1505017 -72043 -72043 1577060 186992 186992 1764052 1145689 0 1145689 142692 142692 1288381 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, 2014 AND 2013, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED 142,692. RESTRICTED INCOME 44,300. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED 142,692. 1 FOUNDATION OF THE WATDA ASSOCIATION 391719902 501(C)(3) 142563 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 67,563 OF UNREIMBURSED ADMINISTRATIVE AND GENERAL COSTS. THE FOUNDATION IS A RELATED TAX EXEMPT ORGANIZATION. X 0 1 X X X 0 0 0 WILLIAM SEPIC PRESIDENT 176078 55604 0 0 15185 4795 10240 3234 23791 7513 225294 71146 0 0 CHRIS SNYDER LEGAL COUNSEL, LOBBYIST 109321 9889 1000 0 6197 561 8994 814 20327 1839 145839 13103 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. FORM 990, PART III, LINE 3 WATDASI DISCONTINUED CAFETERIA ADMINISTRATION PROGRAM FOR PLAN YEAR 2014. 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 11 THE 990 WAS REVIEWED BY THE CFO-CONTROLLER AND THE PRESIDENT BEFORE BEING FINALIZED. FORM 990, PART VI, SECTION B, LINE 15 A. AS PART OF THE CEO TRANSITION IN 2008 THE ASSOCIATION UTILIZED A TASK FORCE MADE UP OF MEMBERS AND HIRED A SEARCH FIRM TO IDENTIFY AND SELECT A CANDIDATE. A MULTI-YEAR EXECUTIVE AGREEMENT WAS THEN NEGOTIATED BETWEEN THE PRESIDENT AND THE ASSOCIATION. THE ASSOCIATION IS FOLLOWING THE CONTRACT TERMS AS NEGOTIATED WITH A SET INCREASE EACH YEAR. 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 THOMAS WEIGAND - N16622 SHORELINE DR, PEMBINE, WI 54156. JOHN R. MCCOY - 7526 RED FOX TRAIL, MADISON, WI 53717. LAWRENCE M. MEADE - PO BOX 454, WISCONSIN DELLS, WI 53965. RONALD J. BOLDT - 1035 E BUSINESS HWY 151, PLATTEVILLE, WI 53818. JOSHUA JOHNSON - 15570 HWY 63, HAYWARD, WI 54843. WAYNE GROSS - 404 E DIVISION STREET, NEILLSVILLE, WI 54456. LAVON FELTON - 1225 NORTH MAIN, VIROQUA, WI 54665. TIMOTHY SHARON - 515 AMRON AVE, ANTIGO, WI 54409. DAVID M. CUENE - 1010 S MILITARY AVE, GREEN BAY, WI 54307. JAMES FLOOD - 815 S ROLLING MEADOWS, FOND DU LAC, WI 54937. DONALD L. LARSON - S3801 US HIGHWAY 12, BARABOO, WI 53913. JIM OLSON - 632 GREEN BAY RD, STURGEON BAY, WI 54235. DENNIS V. TRECEK - 1350 E. WISCONSIN, PORTAGE, WI 53901. BRIAN EWALD - 6319 S 108TH ST, FRANKLIN, WI 53132. 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. KARL WUESTHOFF - 1400 W SILVER SPRING DR, MILWAUKEE, WI 53209. ROBERT HUDSON - 7520 CENTURY AVE, MIDDLETON, WI 53562. MARK OLINYK - 1765 PARK AVE, PLOVER, WI 54467. JOHN SCHALLER - 6221 W LAYTON AVE, MILWAUKEE, WI 53220. JASON VANCE - 5252 STATE RD 93, EAU CLAIRE, WI 54701. FORM 990, PART XII, LINE 2C: 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 PO BOX 5345 MADISON WI 53705 391719902 CHARITABLE WI 501(C)3 7 WATDA 1 WATDA INSURANCE TRUST PO BOX 5345 MADISON WI 53705 391099259 HEALTH AND WELFARE BENEFITS WI 501(C)9 WATDA 1 CARPAC CAR AND TRUCK RETAILERS POLITICAL ACTION COMMITTEE PO BOX 5345 MADISON WI 53705 391546098 POLITICAL ACTION WI 527 WATDA 1 WATDA SERVICES INC PO BOX 5345 MADISON WI 53705 391193487 BUSINESS SERVICES WI WATDA C 1178551 1102082 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 950498 COST WATDA INSURANCE TRUST Q 17158 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC Q 212798 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC B 142563 COST