2024-10-23T15:55:57-05:00 2023-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2023-01-01 390807227 CHIPPEWA VALLEY COUNCIL INC BOY SCOUTS OF AMERICA CHIP 7158326671 710 SOUTH HASTINGS WAY EAU CLAIRE WI 54701 TIM MOLEPSKE CEO 7158326671 2024-10-22 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2024-10-22 2023 2024-10-15 13:58:12Z TIM MOLEPSKE 710 SOUTH HASTINGS WAY EAU CLAIRE WI 54701 2382910 0 X WWW.BSA-CVC.ORG X 1922 WI TO PROVIDE A MEANINGFUL AND REWARDING SCOUTING EXPERIENCE TO THE YOUTH OF THE CHIPPEWA VALLEY COUNCIL, THEREBY, DEVELOPING FUTURE LEADERS AND PROMOTING GOOD CITIZENSHIP. 42 42 68 714 0 0 1037973 755792 727624 913097 95541 52202 1039992 228164 2901130 1949255 46095 38183 0 0 1153466 1024459 0 0 134628 1618714 1079423 2818275 2142065 82855 -192810 16199669 17543441 197976 170589 16001693 17372852 TO PROVIDE A MEANINGFUL AND REWARDING SCOUTING EXPERIENCE TO THE YOUTH OF THE CHIPPEWA VALLEY COUNCIL, THEREBY, DEVELOPING FUTURE LEADERS AND PROMOTING GOOD CITIZENSHIP. 0 0 1885556 38183 1134470 THE COUNCIL'S PROGRAMS CONSIST OF: CUB SCOUTING A FAMILY AND HOME-CENTERED PROGRAM FOR YOUTH AGES 6 THROUGH 10; SCOUTS BSA A PROGRAM FOR YOUTH AGES 11 THROUGH 17 DESIGNED TO ACHIEVE THE AIMS OF SCOUTING THROUGH VIGOROUS OUTDOOR PROGRAM AND PEER GROUP LEADERSHIP WITH THE COUNSEL OF AN ADULT SCOUTMASTER; VENTURING A COED PROGRAM FOR AGES 14 THROUGH 20 WHICH INCLUDES CHALLENGING HIGH-ADVENTURE ACTIVITIES, SPORTS AND HOBBIES FOR TEENAGERS THAT TEACH THEM LEADERSHIP SKILLS, PROVIDE OPPORTUNITIES TO TEACH OTHER AND GIVE THEM AN OPPORTUNITY TO LEARN AND GROW. 1885556 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 13 0 68 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 42 42 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X TIM MOLEPSKE 7158326671 710 S HASTINGS WAY EAU CLAIRE WI 54701 PAUL KOHLER PRESIDENT ELECT (TERMED MAY) 2.00 X X 0 0 0 TIM BENEDICT PRESIDENT 2.00 X X 0 0 0 ROBERT GILES VICE PRESIDENT 2.00 X X 0 0 0 BOB MCCOY VICE PRESIDENT 2.00 X X 0 0 0 GREGG MIZERK VICE PRESIDENT 2.00 X X 0 0 0 GREG DAHL TREASURER 2.00 X X 0 0 0 JEFF OLSON ASST. TREASURER 2.00 X X 0 0 0 JAY JONES VP ADMINISTRATION 2.00 X X 0 0 0 RUSS BAUER VP CAMPING & OUTDOOR PROGRAM 2.00 X X 0 0 0 TIM PROUE VP MEMBERSHIP 2.00 X X 0 0 0 BRANDON ADKINS VP DEVELOPMENT 2.00 X X 0 0 0 DR ANDREW CALVIN VP PROGRAM 2.00 X X 0 0 0 TIM OLSON VP SPECIAL INITIATIVES 2.00 X X 0 0 0 TOM MONSON VP TALENT MANAGEMENT 2.00 X X 0 0 0 MATT MCHUGH COUNCIL COMMISSIONER 2.00 X X 0 0 0 DR SUNEM BEATON-GARCIA DIRECTOR 2.00 X 0 0 0 LUKE BENEDICT DIRECTOR 2.00 X 0 0 0 MARK BERGER DISTRICT REPRESENTATIVE 2.00 X 0 0 0 TIM CAMPBELL DIRECTOR 2.00 X 0 0 0 TIM CARLISLE DIRECTOR 2.00 X 0 0 0 DAVID COOPER DIRECTOR 2.00 X 0 0 0 DAN DIENGER DIRECTOR 2.00 X 0 0 0 BRYAN GERLACH DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 JOE GRAVELLE DIRECTOR 2.00 X 0 0 0 HOLLY HEDRINGTON DIRECTOR 2.00 X 0 0 0 DENNIS HUNT DIRECTOR 2.00 X 0 0 0 ANDY JEPSEN DIRECTOR 2.00 X 0 0 0 MICHAEL KLOSS DIRECTOR 2.00 X 0 0 0 LOUIE MUENCH DIRECTOR 2.00 X 0 0 0 TIM NELSON DIRECTOR 2.00 X 0 0 0 JOHN OLSON DIRECTOR 2.00 X 0 0 0 WARREN PETRYK DIRECTOR 2.00 X 0 0 0 DAVID RAIHLE DIRECTOR 2.00 X 0 0 0 JASON SAFFERT DISTRICT REPRESENTATIVE 2.00 X 0 0 0 LUKE SALTER DIRECTOR 2.00 X 0 0 0 DANIEL SHOEMAKER DIRECTOR 2.00 X 0 0 0 PAMELA SPECKIEN DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 BRUCE STELZNER DIRECTOR 2.00 X 0 0 0 DONALD STOIK DIRECTOR 2.00 X 0 0 0 SETH SUNDEEN DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 ROB SUSEDIK DIRECTOR 2.00 X 0 0 0 SKIP VAN GORDEN DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 KATHLEEN WALTON DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 SCOTT WOLFE DIRECTOR 2.00 X 0 0 0 BRIAN WRIGHT DIRECTOR 2.00 X 0 0 0 KATHY WRIGHT PAST PRESIDENT (TERMED JANUARY) 2.00 X 0 0 0 RYAN ZIMMERMAN DISTRICT REPRESENTATIVE 2.00 X 0 0 0 THERESA ZIRBEL DIRECTOR (TERMED JANUARY) 2.00 X 0 0 0 JUSTIN ZOROMSKI DIRECTOR 2.00 X 0 0 0 THOMAS ZWICKEL DIRECTOR 2.00 X 0 0 0 TIM MOLEPSKE SECRETARY/CEO 50.00 X 147652 0 24389 147652 0 24389 1 0 1 0 0 6544 170496 578752 755792 CAMPING REVENUE 713990 557118 557118 ACTIVITY REVENUE 713990 297591 297591 58388 58388 913097 53702 53702 3500 5000 -1500 -1500 -1500 41285 170496 34494 6791 6791 615534 394161 221373 221373 1949255 1134470 0 58993 38183 38183 172041 140212 17377 14452 629334 549381 43650 36303 74275 63124 6088 5063 75153 64373 5885 4895 73656 65399 4508 3749 40000 21300 18700 10252 10252 7654 6362 479 813 2144 1231 913 32269 24486 1070 6713 16811 14527 1247 1037 167454 160369 3063 4022 99456 94815 2662 1979 85718 71636 1119 12963 240 196 24 20 22946 22946 260489 255668 2632 2189 46940 44858 1137 945 SUPPLIES 189823 174872 14 14937 RECOGNITION AWARDS 73764 52316 70 21378 RENTAL AND MAINTENANCE 2330 1730 600 21133 17572 1904 1657 2142065 1885556 121881 134628 220721 219039 493360 635706 9685 23459 1187 2369 64047 82552 79574 73126 8541611 4336947 4167246 4204664 787833 823145 27945 28655 10348071 11450726 16199669 17543441 41963 55092 72398 37530 60036 61033 23579 16934 197976 170589 X 4924867 5077985 11076826 12294867 16001693 17372852 16199669 17543441 X -192810 39169 1524800 X 0 1 X 1 0 X 404001 281800 817837 1037973 755792 3297403 694919 348548 614054 727624 913097 3298242 1063010 657424 658986 1688174 656819 4724413 2161930 1287772 2090877 3453771 2325708 11320058 16500 9300 90024 80459 117121 313404 0 16500 9300 90024 80459 117121 313404 11006654 547522 529563 1702 56645 53702 1189134 547522 529563 1702 56645 53702 1189134 2709452 1817335 2092579 3510416 2379410 12509192 0.87990 0.86190 0.09510 0.12110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 11254686 45050 1147759 12447495 12671060 1905 -1368279 50000 11254686 13044756 80682 -454378 12671060 12909013 7675 128068 13044756 15125678 7722 -2224387 12909013 0.04410 0.00000 0.95590 1 0 84715 84715 6932939 3308348 3624591 1235203 1028599 206604 288754 288754 4204664 BENEFICIAL INTEREST IN CHARITIABLE TRUSTS 11433792 RIGHT OF USE ASSET, NET 16934 11450726 LEASE LIABILITY - FINANCE LEASE 16934 16934 X 3502972 39169 1524800 1563969 1939003 10252 10252 1949255 2131813 0 2131813 10252 10252 2142065 PART IV, LINE 2B: THE ORGANIZATION HOLDS FUNDS IN THEIR TRUST ACCOUNT THAT ARE DESIGNATED IN THE NAME OF COUNCIL MEMBERS. PART V, LINE 4: THE COUNCIL HAS VARIOUS DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR SCHOLARSHIPS, SPECIAL NEEDS TROOPS, AND OTHER PURPOSES. AS REQUIRED BY GAAP, NET ASSETS OF THE ENDOWMENT FUND ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE BOARD OF DIRECTORS OF THE COUNCIL HAS INTERPRETED THE WISCONSIN UNIFORM PRUDENT MANAGEMENT OF THE INSTITUTIONAL FUNDS ACT (UPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE COUNCIL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE COUNCIL CONSIDERS ALL EARNINGS ON ENDOWMENT FUNDS TO BE RESTRICTED FOR SCHOLARSHIPS, SPECIAL NEEDS TROOPS, AND OTHER PURPOSES. FUNDS WITH DEFICIENCIES FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR REQUIRES THE COUNCIL TO RETAIN AS A FUND OF PERPETUAL DURATION. DEFICIENCIES OF THIS NATURE RESULT FROM UNFAVORABLE MARKET FLUCTUATIONS AND WOULD BE INCLUDED IN UNRESTRICTED NET ASSETS. THERE WERE NO SUCH DEFICIENCIES AS OF DECEMBER 31, 2023 AND 2022, RESPECTIVELY. SPENDING POLICY THE BOARD OF DIRECTORS FOLLOWS THE COUNCIL'S APPROVED ENDOWMENT SPENDING POLICY. THE POLICY DEFINES THE TOTAL FUNDS AVAILABLE FROM THE ENDOWMENT FUND IN A GIVEN YEAR (THE DISTRIBUTABLE INCOME) AS UP TO 5% OF THE ENDOWMENT FUND'S AVERAGE MARKET VALUE AS OF DECEMBER 31 OF THE PREVIOUS THREE YEARS. THE ENDOWMENT FUND IS TO HAVE RETURNS GREATER THAN THE PROPOSED DISTRIBUTION PLUS MANAGEMENT AND TRUSTEE FEES. IF THE MARKET VALUE OF THE ENDOWMENT FUND FALLS TO OR BELOW THE AMOUNT OF THE FUND'S DONOR-RESTRICTED GIFTS, THEN THE SPENDING POLICY WILL BE AMENDED IN ACCORDANCE WITH THE GUIDELINES NOT TO EXCEED THE ACTUAL EARNINGS OF THE FUND. THE BOARD OF DIRECTORS MAY AMEND THIS SPENDING POLICY. INVESTMENT OBJECTIVE AND STRATEGIES THE COUNCIL'S ENDOWMENTS ARE INVESTED IN ACCORDANCE WITH THE INVESTMENT POLICY OF THE COUNCIL, WHICH INCLUDES INVESTMENTS IN MARKETABLE DEBT AND EQUITY SECURITIES. PART X, LINE 2: THE COUNCIL EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN POSITIONS AS OF DECEMBER 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTERESTS 1,524,800. LEADERSHIP DINNER 87207 75867 11340 12889 COUNCIL CLAY SHOOT 36980 26180 10800 5201 6 87594 68449 19145 16404 211781 170496 41285 34494 34494 6791 0 CAMPERSHIPS AND REGISTRATIONS 463 38183 X X X 0 0 0 0 0 0 0 0 0 TIM MOLEPSKE SECRETARY/CEO 147440 0 0 0 212 0 4511 0 19878 0 172041 0 0 0 MATT DIENGER SON OF BOARD MEMBER DAN DIENGER 65023 EMPLOYEE COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 2 JEFF OLSON AND TIM OLSON HAVE A FAMILY RELATIONSHIP. TIM BENEDICT AND LUKE BENEDICT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 CHARTERED ORGANIZATIONS AND COUNCIL MEMBERS AT LARGE. FORM 990, PART VI, SECTION A, LINE 7A CHARTERED ORGANIZATIONS AND COUNCIL MEMBERS AT LARGE, APPROVE THE MEMBERS OF THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 IS DONE AT BOARD MEETING BY THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS WRITTEN CONFLICT OF INTEREST POLICY FOR EMPLOYEES AS WELL AS FOR BOARD MEMBERS AND IT IS STRICTLY FOLLOWED. EACH EMPLOYEE AND BOARD MEMBER IS GIVEN THE COPY OF THE CURRENT POLICY AND IS REQUIRED TO SIGN IT ACKNOWLEDGING ITS RECEIPT AND READ IT IN DETAIL AND INFORM THE APPROPRIATE AUTHORITY IN CASE OF ANY CONFLICT. IF A MEMBER HAS A CONFLICT, THEY ARE REQUIRED TO DISCLOSE TO THE PRESIDENT OF THE BOARD. SUCH DISCLOSURE SHALL INCLUDE ALL MATERIAL FACTS AND SUPPLY ANY REASONS WHY THE ARRANGEMENT MIGHT BE OR NOT BE IN THE BEST INTEREST OF THE CORPORATION. THE PRESIDENT OF THE BOARD SHALL REFER THE ISSUE TO THE FULL BOARD, THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE HAVING DECISION-MAKING AUTHORITY. THE BOARD WILL THEN DELIBERATE AND CHOOSE THE BEST OPTION FOR THE ORGANIZATION BY WAY OF CONSENSUS. NO INTERESTED MEMBER SHALL PARTICIPATE BY DISCUSSION OR VOTING. ALL DISCUSSION AND DECISIONS ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S PAY RANGE INITIALLY IS DETERMINED BASED ON A NATIONAL SURVEY CONDUCTED BY THE BOY SCOUTS OF AMERICA WHICH SUGGESTS A PAY RANGE BASED ON THE AREA AND SIZE OF THE BUDGET FOR EACH COUNCIL. THE BOARD MONITORS THE CEO'S PERFORMANCE AND ULTIMATELY THE CEO'S COMPENSATION IS APPROVED BY THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST IN CHARITABLE TRUST 1,528,280. CHANGE IN VALUE OF BENEFICIAL INTERESTS -3,480.