2025-11-14T15:24:03-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 301 CONGRESS AVENUE SUITE 2000 AUSTIN TX 78701 990 2024-01-01 452568919 GREATER WISCONSIN OPPORTUNITIES FUND INC GREA 6082667884 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 STACEY WAGNER ASSISTANT TREASURER/SECRETARY 6082667884 2025-11-13 1 0 MICHAEL S CELKIS P01296719 5124949100 2025-11-04 2024 2025-03-06 01:10:19Z ELMER MOORE JR 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 325318 0 X N/A X 2011 WI SERVICING LOW-INCOME COMMUNITIES (AS DEFINED IN 26 U.S.C. SECTION 45D) OR LOW-INCOME PERSONS (AS DEFINED IN 66 FR 65807). 10 10 0 10 0 0 0 0 487226 325318 0 0 286 0 487512 325318 0 0 0 0 0 0 0 0 0 219648 159054 219648 159054 267864 166264 4778356 4663010 431307 149697 4347049 4513313 X THE PURPOSE OF THE CORPORATION SHALL BE TO ENGAGE IN ALL LAWFUL ACTIVITIES UNDER THE WISCONSIN NONSTOCK CORPORATION LAW, SO LONG AS SUCH ACTIVITIES SUPPORT THE CORPORATION'S MISSION OF PRINCIPALLY LOW-INCOME PERSONS (AS DEFINED IN 66 FR 65807), INCLUDING WITHOUT LIMITATION: (A) TO MAKE QUALIFIED LOW INCOME COMMUNITY INVESTMENTS THROUGHOUT THE STATE OF WISCONSIN (THE "SERVICE AREA"), OR OTHER ACTIVITIES WHICH QUALIFY FOR THE NEW MARKETS TAX CREDIT ("NEW MARKETS TAX CREDIT") UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "INTERNAL REVENUE CODE"); AND (B) TO ENGAGE IN ALL ACTIVITIES NECESSARY, CUSTOMARY, CONVENIENT OR INCIDENT TO ANY OF THE FOREGOING, INCLUDING BUT NOT LIMITED TO: (I) FORMING SUBSIDIARY LIMITED LIABILITY COMPANIES IN WHICH IT SERVES AS MANAGING MEMBER OR SUBSIDIARY LIMITED PARTNERSHIPS IN WHICH IT SERVES AS GENERAL PARTNER, (II) APPLYING ON BEHALF OF SUCH SUBSIDIARIES FOR THEIR CERTIFICATION AS QUALIFIED COMMUNITY DEVELOPMENT ENTITIES, AS DEFINED 0 0 159054 325318 NEW MARKETS TAX CREDIT 159054 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X STACEY WAGNER 6082670528 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 X BRETT GERBER VICE-PRESIDENT 1.00 X X 0 0 0 WILLIE SMITH DIRECTOR 1.00 X 0 0 0 TERESE M CARO DIRECTOR 1.00 X 0 0 0 NICOLE HARRISON DIRECTOR 1.00 X 0 0 0 RYAN ZERWER TREASURER AND SECRETARY 1.00 X X 0 0 0 STACEY WAGNER ASSISTANT TREASURER/SECRET 1.00 X X 0 0 0 TOM PATZMAN DIRECTOR 1.00 X 0 0 0 WENDY K BAUMANN DIRECTOR 1.00 X 0 0 0 ELMER MOORE JR PRESIDENT 1.00 X X 0 0 0 GARY MEJCHAR DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 MANAGEMENT FEE INCOME 900099 269484 269484 AUDIT AND TAX REIMBURS 900099 47004 47004 PROFESSIONAL FEE REIMB 900099 8736 8736 INVESTMENT IN CDE 900099 94 94 325318 325318 325318 0 0 X 251 251 123390 123390 81 81 BAD DEBT EXPENSE-CDE FE 31583 31583 LOSS ON UNWIND TRANSACT 3699 3699 50 50 159054 159054 0 0 4672422 4652989 209 128 105725 9893 4778356 4663010 431307 149697 431307 149697 X 4347049 4513313 4347049 4513313 4778356 4663010 166264 0 X 0 1 X 1 0 X 867375 656187 563059 487226 325318 2899165 867375 656187 563059 487226 325318 2899165 0 0 0 2899165 6745 286 7031 867375 656187 569804 487512 325318 2906196 0.99760 0.99800 0.00000 X PART I, LINE 10, REASON FOR PUBLIC CHARITY STATUS: IN PREVIOUS YEARS LINE 8 "A COMMUNITY TRUST DESCRIBED IN SECTION 170(B)(1)(A)(VI)" HAD BEEN CHECKED. THE ORGANIZATION NOW RECEIVES MORE THAN 33 AND 1/3 PERCENT OF ITS SUPPORT FROM FEES FOR PERFORMANCE OF SERVICES RELATED TO ITS EXEMPT FUNCTIONS. LINE 10 MOST ACCURATELY DESCRIBES THE PUBLIC CHARITY STATUS. 0 X 325318 0 325318 0 325318 158973 0 158973 81 81 159054 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR YEARS ENDED DECEMBER 31, 2024 AND 2023. THE COMPANY IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS OF THE COMPANY ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN. FOR INCOME TAX PURPOSES, THE COMPANY REPORTS ON A CALENDAR YEAR BASIS. PART XII, LINE 4B - OTHER ADJUSTMENTS: AMORTIZATION PART XII LINE 4B TO ADJUST FOR CURRENT YEAR TAX AMORTIZATION ON ORGANIZATIONAL COSTS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION WAS CREATED BY WISCONSIN HOUSING AND ECONOMIC DEVELOPMENT AUTHORITY, WHICH IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE BY-LAWS ARE ATTACHED AND SPECIFICALLY STATE THAT BOTH WHEDA AND IMPACT SEVEN INC WILL HAVE TWO VOTING MEMBERS ON THE BOARD. GWOF IS A WHOLLY OWNED SUBSIDIARY OF WHEDA FOR PURPOSES OF THE NMTC APPLICATION. FORM 990, PART VI, SECTION A, LINE 7B WHEDA ESTABLISHED A NMTC COMMITTEE THAT REVIEWS DEALS AND THEN FORWARDS THEM ON TO THE GWOF BOARD FOR APPROVAL. THE NMTC COMMITTEE REPORTS THEIR ACTIVITY BACK TO THE WHEDA BOARD. IN ADDITION, THE WHEDA BOARD APPROVES THE APPOINTMENT OF NEW MEMBERS TO THE GWOF BOARD AND ALSO APPROVES THE SUBMISSION OF AN APPLICATION FOR NMTC TO THE CDFI. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY OFFICERS AND BOARDMEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE NMTC PROGRAM IS ROLLED INTO THE WHEDA ANNUAL INTERNAL AUDIT RISK ASSESSMENT AND THE NMTC ACTIVITY IS ROUTINELY AUDITED. COMPLIANCE WITH THE COI POLICY IS ONE OF THE THINGS THAT ARE TESTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 45,040. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,040. PROFESSIONAL FEE EXPENSE: PROGRAM SERVICE EXPENSES 78,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,350. WHEDA FOUNDATION INC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 391464540 FINANCING WI 501(C)(3) N/A N/A 0 WISCONSIN HOUS AND ECONOMIC DEVELOP AUTH 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 391209764 FINANCING WI 115 N/A N/A 0 GWOF 3 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 364759681 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 1 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611711473 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 2 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 371731866 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 10 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 371732982 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 11 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 320442478 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 12 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611739368 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 14 LLC 908 EAST MAIN STREET SUITE 501 MADISON MI 53703 383933444 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 15 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 364788205 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 16 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611739312 LENDING WI N/A RELATED 2 0 1 0.00010 GWOF SUB CDE 17 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 300832067 LENDING WI N/A RELATED 17 0 1 0.00010 GWOF SUB CDE 18 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 371759055 LENDING WI N/A RELATED 2 0 1 0.00010 GWOF SUB CDE 19 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 320442455 LENDING WI N/A RELATED 1 0 1 0.00010 GWOF SUB CDE 25 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 320519539 LENDING WI N/A RELATED 3 893 0 1 0.00010 GWOF SUB CDE 3 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 371732010 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 4 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 352476001 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 6 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611712439 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 7 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611712735 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 8 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 383906652 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 9 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 364761788 LENDING WI N/A RELATED 0 1 0.00010 GWOF SUB CDE 20 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 611739305 LENDING WI N/A C 0 GWOF SUB CDE 21 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 352585740 LENDING WI N/A C 0 GWOF SUB CDE 22 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 320518946 LENDING WI N/A C 0 GWOF SUB CDE 23 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 352585885 LENDING WI N/A C 0 GWOF SUB CDE 24 LLC 908 EAST MAIN STREET SUITE 501 MADISON WI 53703 364860562 LENDING WI N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0