2024-08-30T11:04:36-05:00 2023-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-01-01 391394068 WMC FOUNDATION INC WMCF 6082583400 501 E WASHINGTON AVE MADISON WI 53703 KURT BAUER CHAIRMAN/CEO 6082583400 2024-08-30 1 1 GLENN MILLER CPA P00086726 6082744020 2024-08-30 2023 2024-08-08 14:25:15Z KURT BAUER 501 E WASHINGTON AVE MADISON WI 53703 1755363 0 X WWW.WMCFOUNDATION.ORG X 1981 WI TO SPONSOR AND CONDUCT EDUCATIONAL PROGRAMS AND SEMINARS ON MATTERS RELATING TO ECONOMICS AND BUSINESS, SO AS TO FOSTER A GREATER UNDERSTANDING OF THE PROBLEMS OF BUSINESS AND INDUSTRY AND OF THE FREE ENTERPRISE SYSTEM, AND THE MANY ASPECTS OF THE SAME, INCLUDING, WITHOUT LIMITATION, WORKPLACE SAFETY, EMPLOYEE TRAINING AND EDUCATION, AND LAWS, RULES AND REGULATIONS WHICH MAY IMPACT BUSINESS AND THE ECONOMY. 23 22 0 42 12600 5826 1021550 1058880 70635 93677 22908 77609 15511 42166 1130604 1272332 4150 0 0 0 0 0 0 0 193536 864641 1085713 868791 1085713 261813 186619 4176361 4525484 341811 446697 3834550 4078787 WMC FOUNDATION, INC. IS DEDICATED TO BUILDING A BETTER WISCONSIN BY PROVIDING EDUCATIONAL PROGRAMS ON BUSINESS ISSUES, THE FREE ENTERPRISE SYSTEM, ECONOMICS AND WORKFORCE DEVELOPMENT INITIATIVES. 0 0 757717 0 93677 WISCONSIN BUSINESS WORLD - WISCONSIN BUSINESS WORLD IS A PROGRAM OF THE FOUNDATION AIMED AT PROVIDING HIGH SCHOOL STUDENTS WITH ECONOMIC AND FINANCIAL LITERACY EDUCATION WHILE TEACHING THE IMPORTANCE OF FREE-MARKET ENTERPRISE. BUSINESS WORLD HOSTS SUMMER CAMPS EACH YEAR AND NUMEROUS ONE-DAY "MINI" PROGRAMS DURING THE SCHOOL YEAR FOR SCHOOL DISTRICTS AROUND THE STATE.EDUCATIONAL PROGRAMS - INFORMATIONAL SEMINARS, WEBINARS, MEETINGS, AND CONFERENCES RELATING TO A VARIETY OF TOPICS INCLUDING HEALTH CARE, ENVIRONMENT, EDUCATION, ENERGY, TRANSPORTATION, TAXES, HUMAN RESOURCES, AND LEGAL REFORM. 757717 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X KAY KERTZ 6082583400 501 E WASHINGTON AVE MADISON WI 53703 KURT BAUER CHAIRMAN/CEO 3.80 33.80 X X 0 515136 55878 DAVID ANDERSON DIRECTOR 0.03 0.30 X 0 0 0 DANIEL ARIENS DIRECTOR 0.03 0.03 X 0 0 0 ROBERT BERMKE DIRECTOR 0.03 X 0 0 0 THOMAS BOLDT DIRECTOR 0.03 0.03 X 0 0 0 TRICIA BRAUN DIRECTOR 0.03 X 0 0 0 JP BRUMMOND DIRECTOR 0.03 X 0 0 0 TIMOTHY CHRISTEN DIRECTOR 0.03 X 0 0 0 THOMAS HOWATT DIRECTOR 0.03 X 0 0 0 ROBERT KAMPHUIS DIRECTOR 0.03 0.03 X 0 0 0 MATT KANZ DIRECTOR 0.03 X 0 0 0 SCOTT KOWALSKI DIRECTOR 0.03 X 0 0 0 STEVE LOEHR DIRECTOR 0.03 0.30 X 0 0 0 CONNOR MELOY DIRECTOR 0.03 X 0 0 0 SAMANTHA METCALF DIRECTOR 0.03 X 0 0 0 RUSSELL SCHIEBER DIRECTOR 0.03 X 0 0 0 KARL SCHMIDT DIRECTOR 0.03 0.30 X 0 0 0 DREW SLOCUM DIRECTOR 0.03 X 0 0 0 JAY SMITH DIRECTOR 0.03 0.03 X 0 0 0 MIKE VICTORSON DIRECTOR 0.03 X 0 0 0 PATRICK FLESCH DIRECTOR (FROM 5/2023) 0.03 X 0 0 0 JOSH HOESCH DIRECTOR (FROM 10/2023) 0.03 X 0 0 0 CARRIE STROBEL DIRECTOR (FROM 10/2023) 0.03 X 0 0 0 0 515136 55878 0 0 1 0 BASSETT MECHANICAL 4017 OWL CREEK DR MADISON WI 53718 MECHANICAL CONTRACTOR 302372 1 67876 991004 1876 1058880 CONFERENCES, SEMINARS, AND EVENTS 611430 93677 93677 93677 92636 92636 328760 318182 10578 10578 10578 105675 120702 -15027 -15027 -15027 30650 67876 44147 -13497 -13497 PARKING REVENUE 812930 12600 12600 32485 32485 45085 1272332 93677 12600 107175 671691 411137 75611 184943 7637 7637 2169 2169 69479 61318 5179 2982 31169 16413 12419 2337 22321 10302 8984 3035 30084 30027 36 21 205447 205208 239 15812 682 14923 207 INCOME TAX EXPENSE 1776 1776 28128 22630 5487 11 1085713 757717 134460 193536 64083 51027 25315 0 8482 59030 87332 41583 4688751 2688848 1771088 1999903 263240 333784 1902773 1986109 54048 54048 4176361 4525484 109724 119692 178648 259950 53439 67055 341811 446697 X 3574550 4036787 260000 42000 3834550 4078787 4176361 4525484 X 186619 47309 10309 X 0 1 X 1 0 X 679524 1066850 1140065 1021550 1058880 4966869 679524 1066850 1140065 1021550 1058880 4966869 182298 4784571 394978 393027 385562 359657 421396 1954620 15722 17031 7473 40226 6961715 508516 0.68730 0.68950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 615258 615258 3568177 2229788 1338389 505316 459060 46256 1999903 MONEY MARKET FUNDS 1986109 F 1986109 SHARE OF DEFICIENCY IN ASSETS OF WMC SERVICE CORPORATION 31281 DUE TO WISCONSIN MANUFACTURERS AND COMMERCE, INC. 35774 67055 1679801 47309 -2169 45140 1634661 -362329 -362329 1272332 1445873 362329 362329 1083544 2169 2169 1085713 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -2,169. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -318,182. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -44,147. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 318,182. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 44,147. GOLF OUTING 98526 67876 30650 13392 27386 3369 98526 67876 30650 13392 27386 3369 44147 -13497 0 0 0 0 0 0 0 0 0 KURT BAUER CHAIRMAN/CEO 0 403393 0 80000 0 31743 0 32400 0 23478 0 571014 0 0 PART I, LINE 3 ANNUALLY WISCONSIN MANUFACTURERS AND COMMERCE (WMC) COLLECTS COMPARABLE COMPENSATION AND BENEFITS DATA FROM SEVERAL SOURCES INCLUDING OTHER LOCAL ASSOCIATIONS, AN ORGANIZATION OF PEER ASSOCIATIONS FROM AROUND THE COUNTRY, AND OTHER SOURCES AVAILABLE. WMC STAFF PROVIDES INFORMATION TO THE WMC COMPENSATION COMMITTEE CHAIR WHO THEN MAKES COMPENSATION RECOMMENDATIONS TO THE CHAIR OF THE GOVERNING BODY OF WMC WHO HAS RESPONSIBILITY FOR MAKING FINAL DETERMINATIONS. THE COMPENSATION COMMITTEE REVIEWS THE PROPOSALS BY THE CHAIR REGARDING COMPENSATION CHANGES AND THE FRINGE BENEFIT PACKAGES FOR THE PRESIDENT/CEO AND OTHER OFFICERS AND KEY EMPLOYEES. THE PRESIDENT/CEO IS RESPONSIBLE FOR MAINTAINING A RECORD OF THIS PROCESS. FORM 990, PART VI, SECTION A, LINE 7A WISCONSIN MANUFACTURERS AND COMMERCE, INC. DESIGNATES THE CHAIR AND VICE CHAIR(S) AND THE IMMEDIATE PAST-CHAIR OF THE BOARD OF DIRECTORS OF WMC AS WELL AS ONE OR MORE INDIVIDUALS TO THE WMC FOUNDATION, INC. BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE OFFICERS OF WISCONSIN MANUFACTURERS AND COMMERCE, INC.'S GOVERNING BODY AND ITS AUDIT/FINANCE COMMITTEE BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN NET INCOME OF WMC SERVICE CORPORATION 10,309. WISCONSIN MANUFACTURERS AND COMMERCE INC 501 E WASHINGTON AVE MADISON WI 53703 391233219 STATE CHAMBER OF COMMERCE AND MANUFACTURERS' ASSOCIATION WI 501(C)(6) N/A 0 WMC SERVICE CORPORATION 501 E WASHINGTON AVE MADISON WI 537032914 391413901 INSURANCE ADMINISTRATION WI N/A C 123690 89281 0.21000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 WISCONSIN MANUFACTURERS AND COMMERCE INC J 296115 ACTUAL COST WISCONSIN MANUFACTURERS AND COMMERCE INC O 671691 ACTUAL COST