2024-01-30T17:52:56-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-07-01 352396254 UW-PLATTEVILLE REAL ESTATE FOUNDATION INC UW-P 6083301342 190 MARKET STREET PLATTEVILLE WI 53818 WILLIAM KLOSTER PRESIDENT 6083301342 2024-01-16 1 WILLIAM KLOSTER 999009999 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN BOLDT 190 MARKET STREET PLATTEVILLE WI 53818 9301143 0 X N/A X 2011 WI TO ACCEPT, ACQUIRE, LEASE, HOLD, DEVELOP, OPERATE, MANAGE, SELL, TRANSFER AND OTHERWISE DEAL IN REAL ESTATE FOR FUTHERANCE OF THE PURPOSES OF THE UW-PLATTEVILLE FOUNDATION, INC. 6 6 1 6 0 0 0 0 5619529 5931334 106793 165019 175661 204062 5901983 6300415 291800 289369 0 0 415807 482613 0 0 0 4405395 4063956 5113002 4835938 788981 1464477 45856338 42879928 43581360 38984860 2274978 3895068 X TO ACCEPT, ACQUIRE, LEASE, HOLD, DEVELOP, OPERATE, MANAGE, SELL, TRANSFER AND OTHERWISE DEAL IN REAL ESTATE FOR FUTHERANCE OF THE PURPOSES OF THE UW-PLATTEVILLE FOUNDATION, INC. 0 0 4775400 289369 6135396 THE REAL ESTATE FOUNDATION MANAGED THE DEVELOPMENT OF A RESIDENCE HALL, ROUNTREE COMMONS, WHICH WAS PUT INTO USE AT THE END OF AUGUST 2012. THE REAL ESTATE FOUNDATION CONTRACTED A THIRD PARTY TO MANAGE THE DAILY OPERATIONS OF ROUNTREE COMMONS AFTER CONSTRUCTION WAS COMPLETED. A SECOND RESIDENCE HALL, BRIDGEWAY COMMONS, WAS CONSTRUCTED AND PUT INTO USE IN AUGUST 2013. THE REAL ESTATE FOUNDATION LEASED BRIDGEWAY COMMONS TO THE UNIVERSITY OF WISCONSIN - PLATTEVILLE AND ALL DAILY OPERATIONS OF THE RESIDENCE HALL ARE MANAGED BY THE UNIVERSITY. BOTH BUILDINGS SUPPORT THE ACTIVITIES OF UW-PLATTEVILLE PRIMARILY AS HOUSING. THE OPERATIONS ALSO INCLUDE FOOD SERVICES AND PARKING. THE REAL ESTATE FOUNDATION RENTS SPACE TO THE UNIVERSITY IN ROUNTREE COMMONS FOR A SMALL CAFE AND A SMALL PARKING LOT. DURING THE SUMMER MONTHS, ROUNTREE COMMONS ALSO PROVIDES HOUSING FOR CAMPS AND CONFERENCES SPONSORED BY THE UNIVERSITY. 4775400 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X WILLIAM J KLOSTER 6083301342 190 MARKET STREET PLATTEVILLE WI 53818 JOHN BOLDT PRESIDENT 1.00 X X 0 0 0 ROBERT STENSTROM VICE PRESIDENT 1.00 X X 0 0 0 ROBERT VOSBERG SECRETARY/TREASURER 1.00 X X 0 0 0 JOE BUNKER DIRECTOR 1.00 X 0 0 0 BARBARA PRINDIVILLE DIRECTOR 1.00 X 0 0 0 JEROLD P FRANKE DIRECTOR 1.00 X 0 0 0 WILLIAM KLOSTER EXECUTIVE DIRECTOR 20.00 X 22680 0 3447 22680 0 3447 0 0 0 0 CAPSTONE ON CAMPUS MANAGEMENT LLC 431 OFFICE PARK DRIVE BIRMINGHAM AL 35223 MANAGEMENT OF ROUNTREE COMMONS 170350 1 RENTAL INCOME 531390 5931334 5931334 5931334 188045 188045 2977702 2959804 40924 17898 -40924 -23026 -23026 UNIVERSITY CONFERENCE INCOME 531390 87072 87072 ANCILLARY STUDENT SERVICES 531390 75890 75890 RETAIL INCOME - RENTAL 531390 23358 23358 17742 17742 204062 6300415 6135396 0 165019 289369 289369 25198 25198 331018 331018 100880 100880 25517 25517 176015 176015 5089 5089 45309 45309 30123 30123 5320 5320 105741 105741 18920 18920 597793 597793 4198 4198 5283 5283 1204632 1204632 1682817 1682817 THIRD PARTY RESIDENCE L 126545 126545 BAD DEBT EXPENSE 16486 16486 CREDIT CARD PROCESSING 11830 11830 LAUNDRY SERVICE EXPENSE 11700 11700 16155 16027 128 4835938 4775400 60538 0 561877 482704 58590 133490 18482 19082 50481576 17505583 34573815 32975993 10643574 7048806 0 2219853 45856338 42879928 1267144 826885 41940118 38157975 374098 0 43581360 38984860 X 2274978 3895068 2274978 3895068 45856338 42879928 1464477 155613 0 X 0 1 X 1 0 X X X 1 THE UW-PLATTEVILLE FOUNDATION INC 396051705 5 1 289369 4486031 1 289369 4486031 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 480850 480850 48492555 16025971 32466584 1468704 1468704 0 39467 10908 28559 32975993 BOND RESERVES 2219853 2219853 X PART X, LINE 2: THE FOUNDATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT DID NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 UW-PLATTEVILLE FOUNDATION INC ULLSVIK HALL 1 UNIVERSITY PLAZA PLATTEVILLE WI 53818 396051705 501(C)(3) 289369 0 GENERAL SUPPORT 1 0 PART I, LINE 2: GRANTS ARE ONLY PROVIDED TO THE UW PLATTEVILLE FOUNDATION INC, THE SUPPORTED ORG OF UW PLATTEVILLE REAL ESTATE FOUNDATION INC. A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2015-12-16 25734482 TO REFINANCE EXISTING DEBT ON A STUDENT RESIDENCE HALL 0 0 0 B WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2022-07-15 19000000 REFINANCE ROUNTREE COMMONS 2012 BONDS 0 0 0 A 5602720 25734482 88342 25379420 266720 0 0 1 1 B 604529 19000000 1409826 17590174 1 0 1 1 A 1 0 0 0 1 0 1 B 0 0 1 0 0 1 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 1A THE CHANCELLOR OF THE UNIVERSITY OF WISCONSIN - PLATTEVILLE, THE EXECUTIVE DIRECTOR OF THE UW-PLATTEVILLE FOUNDATION, INC. AND THE DIRECTOR OF THE UW-PLATTEVILLE REAL ESTATE FOUNDATION, INC. SERVE AS EX-OFFICIO NON-VOTING MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE UW-PLATTEVILLE REAL ESTATE FOUNDATION INC CONTRACTS WITH CAPSTONE ON-CAMPUS MANAGEMENT, LLC TO MANAGE THE OPERATIONS OF ROUNTREE COMMONS. FORM 990, PART VI, SECTION A, LINE 6 UW-PLATTEVILLE REAL ESTATE FOUNDATION INC HAS ONE MEMBER: UW PLATTEVILLE FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE AUTHORITY TO APPOINT THE BOARD OF DIRECTORS FOR UW-PLATTEVILLE REAL ESTATE FOUNDATION INC. FORM 990, PART VI, SECTION A, LINE 7B ONLY THE SOLE MEMBER CAN AUTHORIZE THE FOLLOWING ACTIONS: MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION, AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION, A SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, THE PROPERTY AND ASSETS OF THE CORPORATION, THE APPOINTMENT OF THE INDEPENDENT AUDITOR AND CORPORATE COUNSEL, APPROVAL OF THE ANNUAL OPERATING AND CAPITAL BUDGETS, AND AUTHORIZATIONS RELATED TO DISTRIBUTIONS UNDER SECTION [8.03] OF THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE A DRAFT COPY OF FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE DISCLOSURE STATEMENTS ANNUALLY. ALL STATEMENTS ARE REVIEWED BY THE BOARD WHO DETERMINES IF ANY CONFLICTS EXIST. IF ANY CONFLICTS ARE IDENTIFIED, THE MEMBER IN QUESTION MUST RECUSE THEMSELVES FROM THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 BOARD MEMBERS ARE NOT COMPENSATED. THE BOARD DOES AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTORS PERFORMANCE AND SETS ANY CHANGES IN COMPENSATION. THE POSITION IS CURRENTLY PART-TIME. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. REF BRIDGEWAY COMMONS LLC ULLSVIK HALL 1 UNIVERSITY PLAZA PLATTEVILLE WI 53818 472314534 CONSTRUCT AND LEASE BRIDGEWAY COMMONS, A STUDENT HOUSING FACILITY WI 2579299 19795198 UW-PLATTEVILLE REAL ESTATE FOUNDATION INC UW-PLATTEVILLE FOUNDATION INC ULLSVIK HALL 1 UNIVERSITY PLAZA PLATTEVILLE WI 53818 396051705 SUPPLEMENTAL FUNDRAISING TO AID UNIVERSITY OF WISCONSIN - PLATTEVILLE WI 501(C)(3) 170(B)(1)(A)(IV) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0