2013-10-11T16:13:23-05:00 2012-12-31 420714325 MCGLADREY LLP PO BOX 5946 MADISON WI 537050946 990 2012-01-01 391719902 THE FOUNDATION OF THE WISCONSIN AUTO & TRUCK DEALERS ASSOCIATION INC FOUN 6082515577 150 E GILMAN STREET NO A MADISON WI 53703 WILLIAM SEPIC 6082515577 2013-09-24 1 JAMES G GRAHAM P00006111 6088332612 2012 2016-02-25 16:41:14Z WILLIAM SEPIC 150 E GILMAN ST SUITE A MADISON WI 53703 1719748 0 X WWW.WATDA.ORG X 1992 WI THE ORGANIZATION'S MISSION IS TO PROVIDE THE HIGHEST QUALITY INDUSTRY-RELATED TECHNICAL EDUCATION OPPORTUNITIES POSSIBLE FOR STUDENTS, TEACHERS AND THE EDUCATIONAL INSTITUTIONS WE SERVE THROUGHOUT WISCONSIN. 20 20 0 96 0 0 1103804 959851 0 0 9269 2682 -99620 -109117 1013453 853416 377457 398657 0 0 102444 91437 0 0 83890 300543 238706 780444 728800 233009 124616 2138756 2394354 238322 189167 1900434 2205187 X THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE THE HIGHEST QUALITY INDUSTRY-RELATED TECHNICAL EDUCATION OPPORTUNITIES POSSIBLE FOR STUDENTS, TEACHERS AND EDUCATIONAL INSTITUTIONS WE SERVE THROUGHOUT WISCONSIN. 0 0 356210 307857 TRANSPORTATION TECHNICIAN SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO HAVE SUCCESSFULLY QUALIFIED THROUGH OUR OPEN ENROLLMENT PROCESS. THIS PROCESS GIVES EACH APPLICANT THE OPPORTUNITY TO TEST THEIR TECHNICAL AND ACADEMIC APTITUDE TO DETERMINE THEIR INDIVIDUAL CAREER ABILITIES. IN 2012, WE ASSISTED 102 APPLICANTS THROUGH THIS PROCESS AND AWARDED ONE AND TWO YEAR SCHOLARSHIPS TOTALING AN ESTIMATED $308,000 (INCLUDING $209,000 IN DONATED AUTOMOTIVE TOOL SETS) TO TRANSPORTATION TECHNOLOGY STUDENTS ATTENDING 14 OF THE 16 WISCONSIN'S TECHNICAL COLLEGES. 33115 CAREER AWARENESS PROGRAMMING SERVED JUST OVER 12,000 STUDENTS AT 15 PRESENTATION SITES THROUGHOUT WISCONSIN. ATTENDEES AND FAMILIES WERE INTRODUCED TO THE VARIETY OF WORK OPPORTUNITIES AVAILABLE AT INDIVIDUAL DEALERSHIPS AS WELL AS THE EDUCATION BASE REQUIRED TO OBTAIN THEM. THIS PROGRAM ALSO PROVIDES STUDENTS WITH INFORMATION ON SUCCESSFUL JOB SEARCH AND INTERVIEW TECHNIQUES, WHICH THEY CAN APPLY TO AN OPPORTUNITY IN THEIR EMPLOYMENT SEARCH.WE ALSO CONDUCT TWO TEACHER CERTIFICATION INSTITUTES FOR TRANSPORTATION TECHNOLOGY TEACHERS TO ASSIST THEM IN MAINTAINING PROFESSIONAL STATUS. THE 2012 TEACHERS INSTITUTES PROVIDED 2,880 PROFESSIONAL CREDIT HOURS TO PARTICIPANTS REPRESENTING 60% OF ALL TRANSPORTATION EDUCATION CLASSROOMS IN WISCONSIN. 18509 THE WISCONSIN AUTOMOTIVE YOUTH EDUCATION SYSTEM (AYES) HAS BEEN IN OPERATION SINCE 1997. THIS SATELLITE PROGRAM ASSISTS BOTH TRANSPORTATION STUDENTS AND THE HIGH SCHOOLS THAT EDUCATE THEM THROUGH INDUSTRY-CERTIFIED EDUCATION THAT RESULTS IN CONTINUING EDUCATION AND LIFE-LONG EMPLOYMENT FOR THE GRADUATES. OUR AYES PROGRAM CONTINUES ITS SERVICES TO THE 14 ACTIVE HIGH SCHOOL AND CO-OP SITES THROUGHOUT WISCONSIN. THIS PROGRAM SERVED 1,784 YOUNG PEOPLE THROUGH ITS 14 COOPERATING HIGH SCHOOLS. 104423 90800 OTHER PROGRAM SERVICES INCLUDE: MARKETING & SALES EDUCATION, HIGH SCHOOL & TECH COLLEGE COMPETITIONS, AND COMMUNITY OUTREACH MATCHING GRANTS. 104423 90800 512257 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 1 1 0 WI X MATT LAVOLD 6082515577 150 E GILMAN SUITE A MADISON WI 537031441 JOHN AMATO 1.00 X 0 0 0 DAN TOYCEN 1.00 X X 0 0 0 BRYAN ALBRECHT 1.00 X 0 0 0 ANDY GINGER 1.00 X 0 0 0 FRANK HALLADA 1.00 X 0 0 0 JIM EDEN 1.00 X 0 0 0 DAN EWALD 1.00 X X 0 0 0 WILLIAM KOLOSSO 1.00 X 0 0 0 JAMES LECHER 1.00 X 0 0 0 JOHN J LUY 1.00 X 0 0 0 MARK OLINYK 1.00 X X 0 0 0 ANDREW PALMEN 1.00 X 0 0 0 MICHAEL SCHLOSSMANN 1.00 X X 0 0 0 ROBERT SORRENTINO 1.00 X 0 0 0 JUDITH HOLZ STATHAS 1.00 X 0 0 0 MARK TOUSIGNANT 1.00 X 0 0 0 JASON VANCE 1.00 X 0 0 0 DENNIS WORTHY 1.00 X 0 0 0 LEONEL BAIRD 1.00 X 0 0 0 GLENN PENTLER 1.00 X 0 0 0 WILLIAM SEPIC 10.00 X 0 240892 45927 MATT LAVOLD 10.00 X 0 98632 9266 GARY BEIER 40.00 X 85711 0 31107 85711 339524 86300 0 0 1 0 0 190875 125323 643653 217851 959851 36400 36400 628092 661810 -33718 -33718 -33718 95405 190875 204522 -109117 -109117 853416 0 0 -106435 90800 90800 307857 307857 91437 91437 149942 64234 17764 67944 7600 7600 6337 6337 31378 28930 2448 2890 2282 205 403 7000 2800 2100 2100 15014 8177 1586 5251 5455 2086 742 2627 1075 331 408 336 OUTSIDE SERVICES 5853 2500 466 2887 TELEPHONE 2711 1662 634 415 PRINTING 1311 1311 MISCELLANEOUS EXPENSE 1016 598 418 0 1124 508 616 728800 512257 132653 83890 233575 224817 470896 491638 6880 5259 1427405 1672640 2138756 2394354 4067 5141 79500 53500 154755 130526 238322 189167 X 326416 508866 413028 521907 1160990 1174414 1900434 2205187 2138756 2394354 X 124616 214679 -34542 X X 0 1 X 1 0 X 759367 782905 782671 1103804 959851 4388598 759367 782905 782671 1103804 959851 4388598 1561662 2826936 36342 27137 28175 34414 36400 162468 4551066 0.62120 0.59440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1086176 46000 45551 250 1177477 1011250 82850 -7424 500 1086176 962493 10000 40257 1500 1011250 878451 13100 72442 1500 962493 949413 21420 -90382 2000 878451 0.89340 0.10660 0 0 0 DUE TO WATDA 54576 SCHOLARSHIPS PAYABLE 75950 130526 X 1231738 214679 204522 419201 812537 6337 34542 40879 853416 926985 204522 204522 722463 6337 6337 728800 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED FOR SCHOLARSHIPS AND GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION 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 FOUNDATION 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 THE FOUNDATION 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, 2012 AND 2011, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 204,522. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSSES FROM UNCOLLECTIBLE PLEDGES 34,542. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 204,522. CHARITY GALA 286280 190875 95405 118798 14998 70726 286280 190875 95405 118798 14998 70726 204522 -109117 1 JUNIOR ACHIEVEMENT 11111 W LIBERTY DR MILWAUKEE WI 53224 390826295 501(C)(3) 81750 FMV N/A GENERAL OPERATIONS 1 TECHNICIAN SCHOLARSHIP AWARDS 117 98492 209365 FMV AUTOMOTIVE TOOL SETS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIP AWARDS ARE ONLY GRANTED TO APPLICANTS WHO HAVE GONE THROUGH THE PROCESS OF FILLING OUT AN APPLICATION FORM, COMPLETED A TEST, AND BEEN INTERVIEWED. COMMUNITY GRANTS ARE ONLY MADE TO 501(C)(3) TAX EXEMPT ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 WILLIAM SEPIC 0 222686 0 2400 0 15806 0 21548 0 24379 0 286819 0 0 PART I, LINE 3 THE ORGANIZATION RELIES ON WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION, INC., A RELATED 501(C)(6) ORGANIZATION, TO ESTABLISH THE COMPENSATION FOR ITS EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE PROVIDES INPUT DURING THE BUDGET PREPARATION PROCESS AND APPROVES THE ANNUAL OPERATING BUDGET. X 1 495 FMV X AUTO TOOL SETS 65 209365 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CLASS OF MEMBERS THAT ARE DESIGNATED "CONTRIBUTORS". FORM 990, PART VI, SECTION A, LINE 7A TEN VOTING MEMBERS OF THE BOARD OF THE DIRECTORS SHALL BE ELECTED BY MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CFO-CONTROLLER AND PRESIDENT BEFORE BEING FILED. THE BOARD OF DIRECTORS WAS MADE AWARE THE 990 IS AVAILABLE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PROCESS FOR TOP OFFICIALS OF THE ORGANIZATION IS MANAGED BY THEIR EMPLOYER FOR PAYROLL PURPOSES, WICONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION, INC. MANAGEMENT OF WATDA DETERMINES A FAIR AND REASONABLE COMPENSATION FOR THESE INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII JOHN AMATO - 8301 N. 76TH ST., MILWAUKEE, WI 53223. DAN TOYCEN - 1115 MARTIN ROAD, P.O. BOX 27, BLOOMER, WI 54724. BRYAN ALBRECHT - 3520 30TH AVENUE, KENOSHA, WI 53144. ANDY GINGER - 2801 80TH STREET, KENOSHA, WI 53141. FRANK HALLADA - 306 E. LEFFLER ST., P.O. BOX 329, DODGEVILLE, WI 53533. JIM EDEN - 2151 NORTH MAIN STREET, WEST BEND, WI 53090. DAN EWALD - 1720 PARAMOUNT DRIVE, WAUKESHA, WI 53186. WILLIAM KOLOSSO - 3000 W. WISCONSIN AVE., APPLETON, WI 54914. JAMES LECHER - W140 N7975 LILLY RD, MENOMONEE FALLS, WI 53051. JOHN J. LUY - 777 E. WISCONSIN AVENUE, P.O. BOX 672, MILWAUKEE, WI 53201. MARK OLINYK - 1765 PARK AVENUE, PLOVER, WI 54467. ANDREW PALMEN - 5431 75TH STREET, KENOSHA, WI 53142. MICHAEL SCHLOSSMANN - 19100 W. CAPITOL DRIVE, BROOKFIELD, WI 53045. ROBERT SORRENTINO - 5100 EASTPARK BLVD, SUITE 210, MADISON, WI 53718. JUDITH HOLZ STATHAS - W136 S7646 FAIRFIELD, MUSKEGO, WI 53150. MARK TOUSIGNANT - 770 N. WATER ST., NW-19, MILWAUKEE, WI 53201. JASON VANCE - 5252 HWY 93, EAU CLAIRE, WI 54701. DENNIS WORTHY - 561 27TH STREET, CALEDONIA, WI 53108. LEONEL BAIRD - 822 W. FOND DU LAC ST. PO BOX 347, RIPON, WI 54971. GLENN PENTLER - 2111 N. MAYFAIR RD. PO BOX 26319, MILWAUKEE, WI 53226. GARY BEIER - 150 EAST GILMAN ST, STE A, MADISON, WI 53703. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: LOSSES FROM UNCOLLECTIBLE PLEDGES -34,542. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE FROM THE PRIOR YEAR. WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC PO BOX 5345 MADISON WI 53705 390711650 THE ADVANCEMENT OF INTERESTS FOR AUTO & TRUCK DEALERS WI 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC C 125323 COST WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC P 191055 COST