2024-11-05T16:35:02-06:00 2024-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2023-07-01 391972235 WICELL RESEARCH INSTITUTE INC WICE 6083164717 504 S ROSA ROAD 101 MADISON WI 537191218 ROBERT DRAPE CHIEF EXECUTIVE OFFICER 6083164717 2024-11-04 1 1 REBEKUH ELEY P01247672 3126343400 2024-11-04 2023 2024-10-15 13:58:12Z X ROBERT DRAPE 504 S ROSA ROAD 101 MADISON WI 537191218 8416310 0 X WWW.WICELL.ORG X 1999 WI WICELL'S PRIMARY PURPOSE IS TO SUPPORT RESEARCH OF STEM CELL TECHNOLOGIES AT THE UNIVERSITY OF WISCONSIN-MADISON AND DEVELOPMENT OF STEM CELL APPLICATIONS WORLDWIDE.THE SCIENTIFIC RESEARCH CARRIED OUT BY WICELL AND OTHERS WHO ACQUIRE CELLS AND THE RIGHT TO USE THE RELATED TECHNOLOGY HAVE AS THEIR OBJECTIVE THE EVENTUAL USE OF CELLS TO DIAGNOSE, TREAT, OR PREVENT DISEASE AND TO ENABLE DEFECTIVE OR INJURED BODY PARTS OR SYSTEMS TO BE REPAIRED OR REPLACED, AS WELL AS TO UNDERSTAND EARLY HUMAN DEVELOPMENT.WICELL OPERATES A LABORATORY LOCATED IN THE UW RESEARCH PARK AND IS USED FOR CELL DISTRIBUTION, CORE SERVICES, AND CHARACTERIZATION SERVICES ACTIVITIES. 6 5 50 0 3130264 140619 16 0 7810753 8334401 26408 30951 1035 50958 7838212 8416310 0 0 0 0 3760123 4310742 0 0 0 3219778 3776926 6979901 8087668 858311 328642 6085759 6715538 1067374 1368511 5018385 5347027 X SEE PART I, LINE 1 0 0 2807618 0 3832445 CHARACTERIZATION SERVICES WICELL ESTABLISHED A CHARACTERIZATION SERVICES PROGRAM IN 2005 TO ENSURE HIGH-QUALITY PSC LINES DISTRIBUTED BY THE WICELL STEM CELL BANK AND TO SERVE THE RESEARCH COMMUNITY IN THE ESSENTIAL ONGOING CHARACTERIZATION OF CELL LINES USED IN THEIR RESEARCH. WICELL OFFERS ITS CHARACTERIZATION SERVICES TO HELP IMPROVE THE RIGOR AND REPRODUCIBILITY OF ALL RESEARCH UTILIZING CELL LINES TO ACADEMIC AND COMMERCIAL LABS IN THE US AND WORLDWIDE. 1559168 0 4023092 WICELL STEM CELL BANK WICELL'S STEM CELL BANK REPOSITORY ACCEPTS DEPOSITS FROM OTHER ACADEMIC INSTITUTIONS ENSURING THESE PLURIPOTENT STEM CELL (PSC) LINES ARE AVAILABLE TO THE RESEARCH COMMUNITY IN PERPETUITY. WICELL BANKS, CHARACTERIZES, AND DISTRIBUTES THESE HIGH-QUALITY PSC LINES TO ACADEMIC AND COMMERCIAL RESEARCH LABORATORIES TO SUPPORT BASIC AND TRANSLATIONAL RESEARCH IN STEM CELL SCIENCE, REGENERATIVE MEDICINE, AND APPLICATIONS TO IMPROVE HUMAN HEALTH. DURING FISCAL YEAR 2024, WICELL DISTRIBUTED 705 PSC LINES, BRINGING TOTAL DISTRIBUTIONS TO 11,524. 277629 0 478864 CORE SERVICES WICELL DEVELOPED THE CORE SERVICE PROGRAM IN 2009 TO MEET THE NEEDS OF THE UW STEM CELL RESEARCHERS IN MAKING SURE THAT THEY RECEIVE QUALIFIED SUPPLIES ESSENTIAL FOR PSC CULTURE. WICELL PURCHASES BULK LOTS OF SUPPLIES (MEDIA, REAGENTS, ETC.), QUALIFIES THEM TO ENSURE THEY SUPPORT STEM CELL CULTURE, AND DELIVERS THE QUALIFIED SUPPLIES TO CAMPUS RESEARCHERS WEEKLY. THIS SAVES THE RESEARCHERS TIME, MONEY, STORAGE SPACE, AND ENSURES QUALITY MATERIALS ARE AVAILABLE, ALLOWING THEM TO FOCUS MORE ON THEIR RESEARCH. 175401 0 0 UW RESEARCH SUPPORT 180352 0 0 ASSAY/TECHNOLOGY DEVELOPMENT 355753 0 0 5000168 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 50 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X ROBERT DRAPE 6089609813 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 ROBERT DRAPE CHIEF EXECUTIVE OFFICER 40.00 X X 316320 0 62272 ANITA BHATTACHARYYA DIRECTOR 1.00 X 1000 0 0 DEREK HEI DIRECTOR/CHAIR 1.00 X X 1000 0 0 JEANINE BURMANIA DIRECTOR 1.00 X 500 0 0 CYNTHIA CZAJKOWSKI DIRECTOR 1.00 X 500 0 0 MICHAEL FALK DIRECTOR 1.00 X 500 0 0 JON LEVINE DIRECTOR (UNTIL 6/21/24) 1.00 X 500 0 0 DEBORAH KELLER DIRECTOR/CHAIR (UNTIL 3/8/24) 3.00 X X 500 0 0 SETH TAAPKEN DIRECTOR OF OPERATIONS 40.00 X 164119 0 49669 TENNEILLE LUDWIG SNR SCIENTIST/DIR. WICELL STEM CELL BANK 40.00 X 199953 0 30983 JENNA GAY DIRECTOR, QUALITY ASSURANCE 40.00 X 115247 0 39544 JAMES JOHNSON SCIENTIST 40.00 X 107842 0 17949 907981 0 200417 5 0 1 0 0 WICELL STEM CELL BANK 900099 4023092 4023092 CHARACTERIZATION SERVICES 541900 3832445 702181 3130264 CORE SERVICES 900099 478864 478864 8334401 30951 30951 BAD DEBT RECOVERY 900099 50000 50000 OTHER INCOME 900099 958 958 50958 8416310 5204137 3130264 81909 626605 626605 2681399 2201495 479904 264360 222163 42197 738378 520573 217805 78679 78679 7560 7560 692402 467010 225392 191804 160026 31778 286958 130112 156846 206269 60173 146096 648318 116928 531390 5136 473 4663 216805 80153 136652 166145 125652 40493 200476 200476 LAB SUPPLIES 879807 876675 3132 MISCELLANEOUS 158880 1735 157145 INCOME TAX 37000 37000 RECRUITMENT 687 687 8087668 5000168 3087500 0 1144867 344262 831669 965052 857690 1196509 3390794 2340369 523195 1050425 2728338 3159290 6085759 6715538 1004685 1254458 62689 114053 1067374 1368511 X 5018385 5347027 5018385 5347027 6085759 6715538 328642 0 X 0 0 0 X 115 513735 513705 16 0 1027571 3345285 4084905 5371040 4937553 5204137 22942920 3345400 4598640 5884745 4937569 5204137 23970491 0 0 0 23970491 0 72 1952 26408 30951 59383 72 1952 26408 30951 59383 0 0 0 0 140619 140619 905 35 12 1035 50958 52945 3346305 4598747 5886709 4965012 5426665 24223438 0.98960 0.99110 0.00250 0.00430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 905. 2020 AMOUNT: $ 35. 2021 AMOUNT: $ 12. 2022 AMOUNT: $ 1,035. 2023 AMOUNT: $ 50,958. 761646 761646 0 2629148 1578723 1050425 1050425 DUE TO WARF 114053 114053 X X X X 0 0 0 0 0 0 0 0 0 ROBERT DRAPE CHIEF EXECUTIVE OFFICER 274518 0 41250 0 552 0 30937 0 31335 0 378592 0 0 0 TENNEILLE LUDWIG SNR SCIENTIST/DIR. WICELL STEM CELL 198921 0 0 0 1032 0 21969 0 9014 0 230936 0 0 0 SETH TAAPKEN DIRECTOR OF OPERATIONS 163759 0 0 0 360 0 18701 0 30968 0 213788 0 0 0 JENNA GAY DIRECTOR, QUALITY ASSURANCE 115059 0 0 0 188 0 12284 0 27260 0 154791 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A UP TO THREE (3) MEMBERS OF THE BOARD OF DIRECTORS SHALL AT ALL TIMES BE PERSONS WHO ARE NOMINATED BY THE WISCONSIN ALUMNI RESEARCH FOUNDATION, THE NUMBER TO BE DETERMINED BY THE WISCONSIN ALUMNI RESEARCH FOUNDATION. IN ADDITION, THE BOARD SHALL ALWAYS INCLUDE THE VICE CHANCELLOR FOR RESEARCH AND GRADUATE EDUCATION OR DESIGNEE, AND AT LEAST TWO ADDITIONAL INDIVIDUALS DESIGNATED BY THE UNIVERSITY. THE ADDITIONAL ONE (1) TO FOUR (4) DIRECTORS SHALL BE ELECTED BY THE BOARD OF DIRECTORS AND SHALL AT ALL TIMES BE PERSONS WHO ARE NOT EMPLOYEES OF THE WISCONSIN ALUMNI RESEARCH FOUNDATION OR MEMBERS OF THE WISCONSIN ALUMNI RESEARCH FOUNDATION'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED AND APPROVED BY THE FINANCE TEAM AND OTHER MEMBERS OF THE MANAGEMENT TEAM. AN ELECTRONIC COPY OF THE FINAL VERSION OF THE FORM 990 IS SUBSEQUENTLY PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WICELL CEO REQUIRES THAT THE BOARD OF TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. WICELL REVIEWS CONFLICT MATTERS AS DISCLOSED THROUGH THE ANNUAL DISCLOSURE AND ON A ROLLING BASIS AND CONSIDERS THEM IN THE MATTER PRESCRIBED IN ITS CONFLICT POLICY. ALL WICELL EMPLOYEES SIGN A CONFLICT OF INTEREST AGREEMENT. THE AGREEMENT REQUIREMENTS ARE REVIEWED ANNUALLY AT AN EMPLOYEE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES COMPENSATION SURVEY(S), AND 990 DATA WHEN APPROPRIATE, TO REVIEW AND ESTABLISH A SALARY RANGE FOR THE CEO. EACH YEAR THE BOARD OF TRUSTEES REVIEWS MERIT INCREASE SURVEY DATA AND DETERMINES A SALARY INCREASE BUDGET FOR THE ORGANIZATION. THE CHAIR OF THE WICELL BOARD REVIEWS A WRITTEN SUMMARY OF EXECUTIVE ACCOMPLISHMENTS FOR THE FISCAL YEAR BY SEPTEMBER 30. THIS INFORMATION MAY BE SHARED WITH THE BOARD'S EXECUTIVE COMMITTEE. THE CHAIR OF THE WICELL BOARD REVIEWS THE EXECUTIVE EVALUATION, CEO'S PERFORMANCE AND DETERMINES THE COMPENSATION ADJUSTMENT WITHIN THE SALARY INCREASE BUDGET. ANY SALARY INCREASE IS EFFECTIVE JULY 1. WICELL CONTRACTED A THIRD-PARTY CONSULTING AGENCY TO PROVIDE OBJECTIVE ADVICE RELATIVE TO THE OVERALL COMPETITIVENESS AND REASONABLENESS OF THE TOTAL COMPENSATION FOR THE TOP FOUR EXECUTIVES AT WICELL IN RELATION TO THE APPROPRIATE AND COMPARABLE MARKET PRICES. THE OPINION RENDERED WAS THAT THE TOTAL COMPENSATION OF THE EXECUTIVES IS REASONABLE AND FALLS BELOW THE MEDIAN OF THE MARKET COMPOSITE. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE.