2024-04-11T13:48:38-05:00 2023-06-30 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2022-07-01 391233557 CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION INC CHIP 7158336479 620 WEST CLAIREMONT AVENUE EAU CLAIRE WI 54701 KAREN KOHLER EXECUTIVE DIRECTOR 7158336275 2024-04-02 1 KAREN KOHLER XXX-XX-XXXX 0 MICHAEL J PETERSON CPA P01833529 2187224705 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN KOHLER 620 WEST CLAIREMONT AVENUE EAU CLAIRE WI 54701 1390656 0 X WWW.CVTC.EDU/FOUNDATION X 1975 WI TO ASSIST THE CHIPPEWA VALLEY TECHNICAL COLLEGE IN CARRYING OUT ITS MISSION OF PROVIDING POSTSECONDARY OCCUPATIONAL EDUCATION AND TRAINING AS WELL AS OTHER COMMUNITY SERVICES TO THE RESIDENTS OF THE COUNTIES, MUNICIPALITIES, AND SCHOOL DISTRICTS WITHIN ITS DISTRICT BOUNDARIES. TO THIS END, THE ACTIVITIES OF CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION MAY INCLUDE, BUT ARE NOT LIMITED TO, ASSISTING THE CHIPPEWA VALLEY TECHNICAL COLLEGE IN: PURCHASING, LEASING, AND MANAGING LAND; CONSTRUCTING, PURCHASING, LEASING, AND MANAGING FACILITIES AND EQUIPMENT; PROVIDING FINANCIAL AID AND ASSISTANCE TO STUDENTS AT ALL OF ITS CAMPUSES; OFFERING PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO ITS EMPLOYEES; AND SUPPORTING ECONOMIC DEVELOPMENT IN ITS DISTRICT. 14 14 0 90 0 0 1375118 1263092 51571 0 -1020260 127564 0 0 406429 1390656 706474 954352 0 0 0 0 0 0 2619 117571 37418 824045 991770 -417616 398886 5540693 6262578 0 0 5540693 6262578 X CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC. EXISTS TO ENHANCE THE VISION AND MISSION OF THE CHIPPEWA VALLEY TECHNICAL COLLEGE WHICH IS TO DELIVER INNOVATIVE AND APPLIED EDUCATION THAT SUPPORTS THE WORKFORCE NEEDS OF THE REGION, IMPROVE THE LIVES OF STUDENTS, AND ADD VALUE TO THE COMMUNITIES THE COLLEGE SERVES. 0 0 467932 467932 SCHOLARSHIPS AND GRANTS - SECURING RESOURCES WHICH PROVIDE STUDENT SCHOLARSHIPS. DURING FISCAL YEAR 2023, 559 SCHOLARSHIPS WERE AWARDED. 492920 486420 PROGRAM SERVICES - OTHER - CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC. EXISTS TO ENHANCE THE VISION AND MISSION OF THE CHIPPEWA VALLEY TECHNICAL COLLEGE. THIS TASK IS ACCOMPLISHED BY SECURING RESOURCES WHICH WILL PROVIDE STUDENT SCHOLARSHIPS, SUPPORT STAFF INITIATIVES, INVEST IN TECHNOLOGY, AND PROVIDE FOR ONGOING FACILITY DEVELOPMENT. CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC., ENGAGES VOLUNTEERS AND STAFF IN BUILDING A PHILANTHROPIC CULTURE THROUGH CULTIVATING FRIENDS AND ALUMNI, RAISING FUNDS, PROVIDING STUDENT SCHOLARSHIPS, AND MANAGING THE RESOURCES INVESTED BY THE FOUNDATION FOR CHIPPEWA VALLEY TECHNICAL COLLEGE. 960852 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 14 14 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 WI X AMY MOSELER 7158336479 620 WEST CLAIREMONT AVENUE EAU CLAIRE WI 54701 X KAREN KOHLER EXECUTIVE DIRECTOR 8.00 X 0 0 0 GORDON HOWIE PRESIDENT 1.00 X X 0 0 0 THERESE PERSCHALL VICE PRESIDENT 1.00 X X 0 0 0 WILLIAM RAUCKMAN TREASURER/SECRETARY 1.00 X X 0 0 0 KELLY BAKKEN BOARD MEMBER 1.00 X 0 0 0 MEGAN BOLLMAN BOARD MEMBER 1.00 X 0 0 0 WES ESCONDO BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER FULLARTON BOARD MEMBER 1.00 X 0 0 0 SCOTT HOFFMAN PAST PRESIDENT 1.00 X 0 0 0 WENDY KATO BOARD MEMBER (THRU MARCH) 1.00 X 0 0 0 LAURIE KLINKHAMMER BOARD MEMBER (THRU SEPTEMBER) 1.00 X 0 0 0 DAVID LEISSES BOARD MEMBER 1.00 X 0 0 0 KEVIN RENLEY BOARD MEMBER 1.00 X 0 0 0 SHERI SCHEIDLER BOARD MEMBER 1.00 X 0 0 0 TRACEY SMISKEY BOARD MEMBER 1.00 X 0 0 0 TYLER A TOMESH BOARD MEMBER 1.00 X 0 0 0 JOHN WAGNER BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 1 0 124606 1138486 68853 1263092 127157 127157 407 0 407 407 407 1390656 0 0 127564 486420 486420 467932 467932 16654 16654 14264 11645 2619 6500 6500 991770 960852 28299 2619 16826 12729 768412 428383 112668 385714 4642787 5435752 5540693 6262578 0 0 X 1382333 1451861 4158360 4810717 5540693 6262578 5540693 6262578 398886 322999 0 X 0 1 X 1 0 X 901856 793836 899925 1375118 1263092 5233827 901856 793836 899925 1375118 1263092 5233827 889741 4344086 5052 2139 57280 69090 127157 260718 5494545 440396 0.79060 0.87930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3417503 103097 442965 183148 3780417 3702245 215188 -331387 168543 3417503 3044814 105349 690676 138594 3702245 3038834 50996 82543 127559 3044814 2945240 69607 145784 121797 3038834 0.16195 0.83805 0.00000 0 0 0 1713655 322999 322999 1390656 0 1390656 991770 0 991770 0 991770 PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES, APPROVED BY THE BOARD OF DIRECTORS, FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. 1 CHIPPEWA VALLEY TECHNICAL COLLEGE 620 WEST CLAIREMONT AVENUE EAU CLAIRE WI 54701 391096972 GOV 417567 68853 FMV EQUIPMENT, VEHICLES, BUILDING, VARIOUS NON-CASH DONATIONS. PROGRAM SUPPORT 1 0 SCHOLARSHIPS 559 467932 PART I, LINE 2: ALL FUNDS ARE DISBURSED THROUGH A CENTRAL OFFICE AND REQUIRE APPROVAL FROM THE EXECUTIVE DIRECTOR AND THE ASSISTANT TREASURER. PURPOSES INCLUDE SCHOLARSHIPS, INSTRUCTORS CONTINUING EDUCATION, AND DONOR DESIGNATED EQUIPMENT ON INSTRUCTIONAL PROGRAM EXPENSES. ALL EXPENDITURES ARE FULLY DOCUMENTED. 0 0 0 0 0 0 0 0 0 PART VII SECTION A, LINE 5 CHIPPEWA VALLEY TECHNICAL COLLEGE, AN UNRELATED ORGANIZATION FOR IRS PURPOSES, EMPLOYED AND PAID COMPENSATION TO THE FOUNDATION EXECUTIVE DIRECTOR, KAREN KOHLER, FOR SERVICES PERFORMED FOR THE FOUNDATION. THESE SERVICES ARE DONATED AS IN-KIND TO THE FOUNDATION. (REPORTABLE WAGES - $113,792, NON-TAXABLE BENEFITS - $42,036) X 400 COST OF DONATED PROPERTY X 897 COST OF DONATED PROPERTY X 3 25500 BLUE BOOK VALUE X 6 1275 COST OF DONATED PROPERTY X EQUIPMENT 8 34641 COST OF DONATED PROP X AUCTION ITEMS 1 6140 COST OF DONATED PROP 0 1 0 PART I, LINE 32B: THE ORGANIZATION TRACKS AND REPORTS THE NUMBER OF CONTRIBUTIONS IN COLUMN (B), NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 3 THE SERVICES OF STAFF ARE PROVIDED BY CHIPPEWA VALLEY TECHNICAL COLLEGE PER A MEMORANDUM OF UNDERSTANDING. THE EXECUTIVE DIRECTOR OF CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC., WAS COMPENSATED BY CHIPPEWA VALLEY TECHNICAL COLLEGE. A PORTION OF THE EXECUTIVE DIRECTOR'S TIME, APPROXIMATELY 20 PERCENT, IS FOR SERVICES RENDERED TO CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION. THE ORGANIZATION ESTIMATES THAT APPROXIMATELY $20,000 OF THE EXECUTIVE DIRECTOR'S ANNUAL SALARY IS FOR SERVICES RENDERED TO CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC. FORM 990, PART VI, SECTION B, LINE 11B THE REPORT IS REVIEWED ANNUALLY BY THE FOUNDATION TREASURER PRIOR TO SUBMISSION AS THE TREASURER IS THE PERSON MOST FAMILIAR WITH THE FINANCIAL DETAILS OF THE FOUNDATION. THE FINAL REPORT IS REVIEWED WITH THE FOUNDATION BOARD AT THE JANUARY MEETING. FORM 990, PART VI, SECTION B, LINE 12C TO AVOID REAL AND PERCEIVED CONFLICTS OF INTERESTS, ALL DIRECTORS, MANAGERS, AND EMPLOYEES ARE TO DISCLOSE IN WRITING TO THE CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC. BOARD OF DIRECTORS ANY CONFLICTS OF INTEREST THAT EMERGE. THE BOARD OF DIRECTORS WILL DETERMINE WHETHER A CONFLICT EXISTS, AND WHETHER THE CONFLICTED DIRECTOR, OR OTHER INDIVIDUAL MAY VOTE OR OTHERWISE MAKE DECISIONS ON MATTERS RELATED TO THE CONFLICT. ALL DIRECTORS MUST DISCLOSE IN WRITING ANY CONFLICTS ANNUALLY TO THE CHIPPEWA VALLEY TECHNICAL COLLEGE FOUNDATION, INC. BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.