2024-11-08T08:48:58-06:00 2023-12-31 452904270 KMA SC 1200 JOHN Q HAMMONS DR STE 500 MADISON WI 53717 990 2023-01-01 510180680 WISCONSIN ECONOMIC DEVELOPMENT ASSOCIATION INC WISC 6082555666 4618 S BILTMORE LANE MADISON WI 53718 KATHRYN BERGER INTERIM PRESIDENT & CEO 6082555666 2024-11-06 1 0 JASON R KADOW CPA P00845003 6086641040 2024-11-06 2023 2024-10-15 13:58:12Z KATHRYN BERGER 4618 S BILTMORE LANE MADISON WI 53718 530244 0 X WWW.WEDA.ORG X 1974 WI PROVIDING SERVICES TO MEMBERS TO ADVANCE COMMUNITY DEVELOPMENT AND ECONOMIC ADVANCEMENT IN WISCONSIN. 19 19 4 35 0 0 25751 152890 380635 372564 79 2450 2020 2340 408485 530244 9808 0 0 0 226663 216365 0 0 0 159209 234975 395680 451340 12805 78904 280855 421171 147610 209022 133245 212149 THE MISSION OF WISCONSIN ECONOMIC DEVELOPMENT ASSOCIATION, INC. IS TO ENHANCE ECONOMIC DEVELOPMENT IN WISCONSIN THROUGH PROFESSIONAL DEVELOPMENT, NETWORKING, AND ADVOCACY. 0 0 NETWORKING - WISCONSIN ECONOMIC DEVELOPMENT ASSOCIATION, INC'S (WEDA) BIGGEST EDUCATION AND NETWORKING EVENT OF THE YEAR IS ITS GOVERNOR'S CONFERENCE ON ECONOMIC DEVELOPMENT HELD EVERY FEBRUARY. IT IS A THREE-DAY CONFERENCE INCLUDING EDUCATIONAL SESSIONS, EXHIBITS, RECEPTIONS, AND OTHER NETWORKING OPPORTUNITIES. WEDA ALSO HOSTS COMMUNITY REINVESTMENT ACT SESSIONS AT VARIOUS LOCATIONS AROUND THE STATE TWICE EACH YEAR AS WELL AS A FALL CONFERENCE. PROFESSIONAL DEVELOPMENT - WEDA, IN PARTNERSHIP WITH WISCONSIN ECONOMIC DEVELOPMENT CORPORATION (WEDC), HOSTS A SERIES OF EDUCATIONAL EVENTS. THE GOALS OF THESE OFFERINGS COMPLEMENT AND SUPPORT WEDC'S GOALS FOR FOSTERING A "BEST-IN-CLASS" ENVIRONMENT FOR ECONOMIC DEVELOPMENT PRACTITIONERS AND BUSINESS IN THE STATE OF WISCONSIN. PUBLIC AFFAIRS - WEDA ENDORSES AND IS PROACTIVE IN SUPPORTING STUDIES AND CREATING PUBLIC AWARENESS OF ISSUES OF CONCERN TO MEMBERS SUCH AS THE "BE BOLD" WISCONSIN REPORT.LEGISLATIVE ISSUES - WEDA EMPLOYS A LEGISLATIVE AFFAIRS DIRECTOR WHO COORDINATES THE ASSOCIATION'S EFFORTS TO MONITOR AND ACT ON BILLS AND ADMINISTRATIVE RULES THAT IMPACT WISCONSIN'S ECONOMY. 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 4 1 0 0 0 0 1 1 0 0 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X KRISTY HERMES 6082555666 4618 S BILTMORE LANE MADISON WI 53718 MARY PERRY PRESIDENT AND CEO 40.00 X 99488 0 2896 SHELDON JOHNSON CHAIR 2.00 X X 0 0 0 MELISSA HUNT VICE CHAIR 2.00 X X 0 0 0 KATHRYN BERGER TREASURER 2.00 X X 0 0 0 DONNA WALKER PAST CHAIR 2.00 X X 0 0 0 LIZ BRODEK DIRECTOR 2.00 X 0 0 0 PAM CHRISTENSON DIRECTOR 2.00 X 0 0 0 ANGELA CLOSE DIRECTOR 2.00 X 0 0 0 REBECCA DESCHANE DIRECTOR 2.00 X 0 0 0 BRAD ELMER DIRECTOR 2.00 X 0 0 0 CAROLYN ENGEL DIRECTOR 2.00 X 0 0 0 DAWN FOLLENDORF DIRECTOR 2.00 X 0 0 0 BRYAN GADOW DIRECTOR 2.00 X 0 0 0 JENNY KUDERER-RADCLIFFE DIRECTOR 2.00 X 0 0 0 DEAN PRESTEGAARD DIRECTOR 2.00 X 0 0 0 CAROL ROTH DIRECTOR 2.00 X 0 0 0 CHARLIE WALKER DIRECTOR 2.00 X 0 0 0 AARON WHITE DIRECTOR 2.00 X 0 0 0 BON WIKENHEISER DIRECTOR 2.00 X 0 0 0 SUZANNE ZWASKA DIRECTOR 2.00 X 0 0 0 99488 0 2896 0 0 0 0 0 57881 95009 152890 MEMBERSHIP REVENUE 541900 173675 173675 CONFERENCE INCOME 541900 138630 138630 PROFESSIONAL DEVELOPME 541900 60259 60259 372564 2450 2450 JOB BOARD 900099 2340 2340 2340 530244 374904 0 2450 99729 102695 13941 5631 45000 37914 20275 14289 16012 9777 77389 1827 BOARD AND COMMITTEE EXP 6861 451340 175389 236550 73476 160516 15751 16271 10074 3397 6165 4437 280855 421171 21777 38461 125833 170561 147610 209022 X 133245 212149 133245 212149 280855 421171 78904 0 X 1 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 64395 43218 7336 50554 16099 34455 FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE FOUR CLASSES OF MEMBERSHIP WHICH SHALL BE AS FOLLOWS. -MEMBERS: THOSE INDIVIDUALS WHO ARE RESIDENTS OF THE STATE OF WISCONSIN AND ARE ENGAGED IN FURTHERING THE ECONOMIC DEVELOPMENT OF THE STATE OF WISCOMSIN MAY QUALIFY TO BE "MEMBERS AND SHALL BE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF THE ORGANIZATION INCLUDING, BUT NOT LIMITED TO, VOTING AND THE RIGHT TO HOLD OFFICE. THOSE INDIVIDUALS EMPLOYED IN ECONOMIC DEVELOPMENT OUTSIDE OF THE STATE OF WISCONSIN MAY ALSO QUALIFY TO BE "MEMBERS AND SHALL BE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF THE ORGANIZATION EXCEPT THE RIGHT TO HOLD OFFICE. -CORPORATE MEMBERS: THOSE BUSINESSES AND/OR ORGANIZATIONS INVOLVED IN ECONOMIC DEVELOPMENT IN THE STATE OF WISCONSIN MAY BE "CORPORATE MEMBERS". CORPORATE MEMBERSHIP PERMITS DESIGNATION OF ONE OR MORE PERSONS ARE MEMBER AND RECEIVES SPECIAL RECOGNITION AS DETERMINED BY THE BOARD OF DIRECTOS RETIRED MEMBER. -RETIRED MEMBERS: THOSE MEMBERS WHO HAVE RETIRED BUT MAINTAIN AN INTEREST IN THE ECONOMIC DEVELOPMENT OF THE STATE OF WISCONSIN MAY BE ENTITLED TO REDUCED MEMBERSHIP DUES, FEES, AND OTHER BENEFITS UPON APPROVAL OF THE BOARD OF DIRECTORS. RETIRED MEMBERS WHO HAVE MADE EXCEPTIONAL CONTRIBUTIONS TO THE CORPORATION, AS DETERMINED BY THE BOARD OF DIRECTORS, MAY BE DESIGNATED "LIFE MEMBERS" UPON THE APPROVAL OF THE BOARD OF DIRECTORS AND SHALL BE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF MEMBERS. -STUDENT MEMBERS: THOSE MEMBERS WHO ARE FULL TIME STUDENTS WITH AN EXPRESSED INTEREST IN ECONOMIC DEVELOPMENT SHALL BE TERMED "STUDENT MEMBERS AND SHALL BE ENTITLED TO ALL THE RIGHTS AND PRIVILEGES OF THE ORGANIZATION EXCEPT THE RIGHT TO VOTE AND HOLDE OFFICE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ANNUALLY ELECT DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B BYLAWS MAY BE AMENDED AT ANY ANNUAL MEETING OR SPECIAL MEETING OF THE MEMBERSHIP OF THE CORPORATION, PROVIDING THAT THE PROPOSED BYLAW CHANGES HAVE BEEN SUBMITTED TO THE BOARD OF DIRECTORS 30 DAYS PRIOR TO THE MEMBERSHIP MEETING. NOTICE OF SUCH MEETING SHALL BE SENT TO THE MEMBERSHIP, BY MAIL, E-MAIL OR FAX FIVE (5) DAYS PRIOR TO THE DATE OF SUCH MEETING, WHICH NOTICE SHALL DESCRIBE THE NATURE OF THE AMENDMENT BEING CONSIDERED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR OR OFFICER WITH KNOWLEDGE OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ON THE PART OF THAT DIRECTOR OR OFFICER OR ANY OTHER DIRECTOR OF OFFICER OF THE ASSOCIATION SHALL INFORM THE ENTIRE BOARD OF THE CONFLICT. THE BOARD SHALL OBTAIN DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS. AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE MEETING WHILE THE BOARD DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT EXISTS, THE BOARD SHALL FOLLOW THE FOLLOWING PROCEDURES TO ADDRESS THE CONFLICT OF INTEREST: - THE INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD BUT AFTER THE PRESENTATION SHALL LEAVE THE MEETING DURING THE DISCUSSION OF AND THE VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. - THE BOARD SHALL INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCES, THE BOARD SHALL DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS FAIR TO THE ASSOCIATION. THE TRANSACTION MUST BE APPROVED BY A MAJORITY OF ALL THE MEMBERS OF THE BOARD WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION. IF A MAJORITY OF THE DIRECTORS VOTE TO APPROVE THE TRANSACTION OR ARRANGEMENT, A QUORUM IS PRESENT FOR THE PURPOSE OF TAKING ACTION, EXCEPT THAT SUCH TRANSACTION OR ARRANGEMENT CANNOT BE APPROVED BY A SINGLE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED THROUGH PERFORMANCE REVIEW BY THE OFFICERS AND THROUGH CONTRACT FOR SERVICE NEGOTIATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC.