2013-10-04T16:11:59-05:00 2012-12-31 420714325 MCGLADREY LLP PO BOX 5946 MADISON WI 537050946 990 2012-01-01 390711650 WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION INC WISC 6082515577 PO BOX 5345 MADISON WI 53705 WILLIAM SEPIC 6082515577 2013-09-30 1 JAMES G GRAHAM P00006111 6088332612 2012 2016-02-24 21:20:13Z WILLIAM SEPIC POBOX 5345 MADISON WI 53705 4618091 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. 23 23 21 0 1593693 35438 79033 40752 2849686 2966335 101935 62928 174977 85577 3205631 3155592 130111 125323 0 0 1732253 1736797 0 0 0 1164895 954120 3027259 2816240 178372 339352 4980941 5475363 1811604 1765251 3169337 3710112 X 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 - 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 ALLOCATED TO WATDA SERVICES, INC., WISCONSIN AUTOMOBILE AND TRUCK DEALERS INSURANCE TRUST, INC., WISCONSIN AUTO AND TRUCK DEALERS INSURANCE CORPORATION 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 1 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 19 0 1 21 1 1 1 0 0 0 0 0 X 23 23 1 0 0 0 1 1 0 1 1 1 0 0 0 0 0 1 1 0 X MATT LAVOLD 6082515577 150 EAST GILMAN STREETLEVEL A MADISON WI 53703 FRANK PORTH 1.00 X 0 0 0 ERIC JORGENSEN 1.00 X X 0 0 0 KEN VANCE 1.00 X 0 0 0 THOMAS WEIGAND 1.00 X 0 0 0 BARBARA A ANDERSON 1.00 X 0 0 0 JAMES TESSMER 1.00 X X 0 0 0 JOHN R MCCOY 1.00 X 0 0 0 LAWRENCE M MEADE 1.00 X X 0 0 0 RONALD J BOLDT 1.00 X 0 0 0 JOSHUA JOHNSON 1.00 X 0 0 0 WAYNE GROSS 1.00 X 0 0 0 LAVON FELTON 1.00 X 0 0 0 TIMOTHY SHARON 1.00 X 0 0 0 DAVID M CUENE 1.00 X 0 0 0 JAMES FLOOD 1.00 X 0 0 0 PAUL SCHLAGENHAUF 1.00 X 0 0 0 DONALD L LARSON 1.00 X 0 0 0 JIM OLSON 1.00 X 0 0 0 DENNIS V TRECEK 1.00 X 0 0 0 ROBERT A CLAPPER 1.00 X 0 0 0 BRIAN EWALD 1.00 X 0 0 0 ANDREW SCHLESINGER 1.00 X 0 0 0 MICHAEL SCHLOSSMANN 1.00 X 0 0 0 WILLIAM SEPIC 40.00 X 191547 49345 45927 MATT LAVOLD 40.00 X 52118 46514 9266 CHRIS SNYDER 40.00 X 106687 11513 27962 350352 107372 83155 2 0 1 0 0 40752 40752 MANAGEMENT SERVICES 561000 1542623 1542623 MEMBERSHIP DUES 900099 726138 726138 ROYALTIES 900099 300722 300722 STATISTIC SALES 900099 176489 176489 MEMBERSHIP EDUCATION 900099 128681 128681 91682 40612 51070 2966335 58922 58922 1461505 5000 1462255 244 -750 4756 4006 4006 NET BOOK INCOME OF SUB 900099 85577 85577 85577 3155592 1157497 1593693 363650 125323 243665 1103646 109562 169525 110399 -1016 26511 33000 9832 86649 945 77027 210738 78259 46813 38047 58787 19808 INCOME TAX EXPENSE 15187 COST OF SALES 140405 PRINTING AND POSTAGE 65565 STAFF EDUCATION 23262 24301 2816240 250 250 707292 797592 186596 200794 54393 27975 1692342 333866 1316810 1358476 1811252 2097955 859303 944882 45045 47439 4980941 5475363 235033 181220 438831 431404 1137740 1151079 1548 1811604 1765251 X 2787525 3287548 381812 422564 3169337 3710112 4980941 5475363 339352 201423 0 X X 0 1 X 1 0 0 0 1 726138 200618 184326 384944 351003 33941 1162740 1162740 529602 333866 195736 1358476 WATDA SERVICES, INC 944882 C 944882 1548 1548 X 1633234 201423 201423 1431811 1723781 1723781 3155592 1133211 0 1133211 1683029 1683029 2816240 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2012 AND 2011, THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES REIMBURSED 1,542,623. COST OF GOODS SOLD NETTED 140,406. RESTRICTED INCOME 40,752. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES REIMBURSED 1,542,623. COST OF GOODS SOLD NETTED 140,406. 1 FOUNDATION OF THE WATDA ASSOCIATION 391719902 501(C)(3) 125323 GENERAL OPERATIONS 1 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 50,323 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 176911 45775 2079 321 12557 3249 17119 4429 19368 5011 228034 58785 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - MONTHLY MADISON CLUB DUES OF $105 ARE PAID FOR WILLIAM SEPIC AND MARY ANN GERARD. 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 VI, SECTION A, LINE 2 IT IS COMMON BUSINESS PRACTICE FOR ONE DEALER TO TRADE/EXCHANGE/SELL A MOTOR VEHICLE OR PARTS TO ANOTHER DEALER. DIRECTORS WORK FOR DEALER MEMBERS. 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 CONTRACT WAS THEN NEGOTIATED BETWEEN THE PRESIDENT AND THE ASSOCIATION. 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 CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII FRANK PORTH - 510 S US HWY 141, CRIVITZ, WI 54114. ERIC JORGENSEN - 720 INDUSTRIAL COURT SUITE B, HARTLAND, WI 53029. KEN VANCE - 5252 STATE RD 93, EAU CLAIRE, WI 54701. THOMAS WEIGAND - N16622 SHORELINE DR, PEMBINE, WI 54156. BARBARA A. ANDERSON - 424 W. INDUSTRIAL ROAD, ELLSWORTH, WI 54011. JAMES TESSMER - 5095 RD T, OCONOMOWOC, WI 53066. 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. PAUL SCHLAGENHAUF - 2326 W ST PAUL AVENUE, MILWAUKEE, WI 53233. 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. ROBERT A. CLAPPER - 3601 E MILWAUKEE ST, JANESVILLE, WI 53546. BRIAN EWALD - 6319 S 108TH ST, FRANKLIN, WI 53132. ANDREW SCHLESINGER - 1500 W. SILVER SPRING DR, MILWAUKEE, WI 53209. MICHAEL SCHLOSSMANN - 19100 W CAPITOL DRIVE, BROOKFIELD, WI 53045. 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 1449261 1592979 1.00000 1 WATDA INSURANCE CORPORATION PO BOX 5345 MADISON WI 53705 392023511 INSURANCE WI N/A C 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 WATDA SERVICES INC Q 1204804 COST WATDA INSURANCE TRUST Q 14651 COST WATDA INSURANCE CORPORATION Q 132113 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC Q 191055 COST THE FOUNDATION OF THE WI AUTO AND TRUCK DEALERS ASSOC B 125323 COST