2025-11-13T10:37:58-06:00 2025-06-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2024-07-01 390808440 PRESBYTERIAN STUDENT CENTER FOUNDATION PRES 6082571030 731 STATE ST MADISON WI 53703 ERICA LIU ELSDON EXECUTIVE DIRECTOR 6082571030 2025-11-12 1 0 MIKE HABLEWITZ CPA P01259157 6082744020 2025-11-10 2024 2025-03-06 01:10:19Z PRES HOUSE ERICA LIU ELSDON 731 STATE ST MADISON WI 53703 2951743 0 X PRESHOUSE.ORG X 1929 WI THE INTELLECTUAL, MORAL & RELIGIOUS GROWTH OF PEOPLE IN THE UNIVERSITY OF WISCONSIN COMMUNITY IN WAYS CONSISTENT WITH THE PRINCIPLES & PURPOSES OF THE PRESBYTERIAN CHURCH (USA). 17 17 13 75 32625 28436 266183 149356 2463984 2580333 315262 128524 55157 47846 3100586 2906059 139961 145917 0 0 660879 812306 0 0 90301 1722573 1833180 2523413 2791403 577173 114656 14415926 14481476 11147342 10857128 3268584 3624348 X PRES HOUSE SEEKS TO BE A SPIRITUAL HOME AT THE HEART OF THE UNIVERSITY OF WISCONSIN-MADISON CAMPUS. IN KEEPING WITH THE TEACHINGS OF JESUS CHRIST AND THE CHRISTIAN TRADITION OF HOSPITALITY, PRES HOUSE IS DEDICATED TO PROVIDING A RELIGIOUS CENTER AND PURPOSEFUL HOUSING TO SUPPORT THE SPIRITUAL, EMOTIONAL, AND INTELLECTUAL GROWTH OF RESIDENTS AND MEMBERS OF THE UW-MADISON CAMPUS COMMUNITY. PRES HOUSE IS A MINISTRY OF THE PRESBYTERIAN CHURCH, U.S.A. AND WELCOMES INDIVIDUALS OF EVERY PERSPECTIVE AND BACKGROUND. 0 0 1349801 145917 2573513 RESIDENCE COMMUNITY - THE FOUNDATION PROVIDES A RELIGIOUS CENTER AND HIGH-QUALITY STUDENT HOUSING TO PROMOTE THE SPIRITUAL, EMOTIONAL, AND INTELLECTUAL GROWTH OF THE RESIDENTS AND MEMBERS OF THE CAMPUS COMMUNITY. TO ACCOMPLISH THIS GOAL, THE FOUNDATION PROVIDES DISCUSSION GROUPS, STUDY SPACES, MEALS, SERVICE OPPORTUNITIES, AND OTHER EVENTS. 807531 0 6820 CHURCH MINISTRY - AS A MINISTRY OF THE PRESBYTERIAN CHURCH, U.S.A., PRES HOUSE PROVIDES WORSHIP SERVICES AND OTHER SERVICES TO MEET THE SPIRITUAL NEEDS OF THE CAMPUS COMMUNITY. 2157332 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 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 1 0 0 0 1 7 0 13 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X ERICA LIU ELSDON 6082571030 731 STATE ST MADISON WI 53703 LEE TAN PRESIDENT 4.00 X X 0 0 0 PHIL HASLANGER VICE PRESIDENT 4.00 X X 0 0 0 GORDON ENDERLE TREASURER 4.00 X X 0 0 0 LAUREN SEREBIN SECRETARY 4.00 X X 0 0 0 LIANE KOSAKI DIRECTOR 3.00 X 0 0 0 DAVID FIELDS DIRECTOR 3.00 X 0 0 0 KYLE DIGMAN DIRECTOR 3.00 X 0 0 0 BRENDA MOTEN DIRECTOR 3.00 X 0 0 0 MARY PARMETER DIRECTOR 3.00 X 0 0 0 MARIBETH GETTINGER DIRECTOR 3.00 X 0 0 0 MEI HIPPE DIRECTOR 3.00 X 0 0 0 AALIYAH GOLDEN-WHITEHEAD DIRECTOR 3.00 X 0 0 0 LAUREN JACKSON DIRECTOR 3.00 X 0 0 0 RONA NERI DIRECTOR 3.00 X 0 0 0 EZRAH SCHMEELK DIRECTOR 3.00 X 0 0 0 TAI SEDBERRY DIRECTOR 3.00 X 0 0 0 NATHAN TAN DIRECTOR 3.00 X 0 0 0 ERICA LIU ELSDON EXECUTIVE DIRECTOR (FROM SEP) 40.00 X 54600 0 86420 MARK ELSDON EXECUTIVE DIRECTOR (THRU AUG) 24.00 X 112649 0 24298 167249 0 110718 1 0 0 0 FORWARD MANAGEMENT INC 826 NORTH STAR DR MADISON WI 53718 ASSIST WITH THE RENTING OF STUDENT HOUSI 128707 1 149356 149356 RENTAL INCOME 531110 2573513 2573513 6820 6820 2580333 107979 107979 41347 8722 32625 32625 32625 57507 36962 20545 20545 20545 15221 15221 15221 2906059 2580333 32625 143745 145917 145917 295501 214425 63498 17578 310274 226315 65407 18552 29669 21529 6375 1765 148714 107857 32052 8805 28148 20426 6048 1674 132053 39616 92437 59703 59703 50523 50523 18355 18355 59674 44001 11834 3839 26041 12015 12453 1573 48449 19908 20244 8297 10764 4219 4883 1662 576752 549086 24204 3462 623 452 134 37 75475 74197 978 300 367004 344984 18350 3670 398304 326036 53546 18722 TAXES 9066 6349 2352 365 BAD DEBT EXPENSE 394 394 2791403 2157332 543770 90301 283469 348908 756897 831017 56100 45676 300000 300000 5057 4545 17540578 7545947 10335095 9994631 2639958 2901563 39350 41069 0 14067 14415926 14481476 155805 88723 68918 62692 10650305 10356909 272314 348804 11147342 10857128 X 3125884 3468864 142700 155484 3268584 3624348 14415926 14481476 114656 241108 0 X 0 1 X 1 0 X X 1 PRESBYTERIAN CHURCH (USA) A CORPORATION 133462549 1 1 811754 0 1 811754 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3: THE PRESBYTERIAN STUDENT CENTER FOUNDATION MAINTAINS A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE PRESBYTERIAN CHURCH (U.S.A.) BECAUSE IT IS AN OUTREACH MISSION OF THE PRESBYTERIAN CHURCH (U.S.A.) AND AS SUCH DRAWS ON THE RICH DEEP WELL OF CONFESSIONAL STATEMENTS OF THE LARGER CHURCH. BY REASON OF THE PRESBYTERIAN CHURCH (U.S.A.) MEMBERS ELECTING OR CONSTITUTING ONE OR MORE OF THE PRESBYTERIAN STUDENT CENTER FOUNDATION DIRECTORS, THE PRESBYTERIAN CHURCH (U.S.A.) HAS A SIGNIFICANT VOICE IN THE PRESBYTERIAN STUDENT CENTER FOUNDATION'S INVESTMENT POLICIES AND IN DIRECTING USE OF PRESBYTERIAN STUDENT CENTER FOUNDATION'S INCOME AND ASSETS. PART IV, SECTION E, LINE 2A: THE PRESBYTERIAN STUDENT CENTER FOUNDATION IS AN OUTREACH MISSION OF THE PRESBYTERIAN CHURCH (U.S.A) AND THEREFORE ITS ACTIVITIES ARE DIRECTLY FURTHERING THE EXEMPT PURPOSE OF THE PRESBYTERIAN CHURCH (U.S.A). PART IV, SECTION E, LINE 2B: THE PRESBYTERIAN CHURCH (U.S.A) ENGAGES IN MANY OF THE ACTIVITIES THAT THE PRESBYTERIAN STUDENT CENTER FOUNDATION ENGAGES IN AND WOULD CONTINUE TO ENGAGE IN THOSE ACTIVITIES BUT FOR THE PRESBYTERIAN STUDENT CENTER FOUNDATION'S INVOLVEMENT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 142700 14756 1000 972 155484 129704 14241 1245 142700 124270 9248 2500 1314 129704 144941 -16725 2500 1446 124270 127716 22162 3500 1437 144941 0.00000 0.20581 0.79419 0 0 78496 78496 16038690 6518760 9519930 1423392 1027187 396205 9994631 SECURITY DEPOSITS 348804 348804 3137534 241108 -18355 222753 2914781 -8722 -8722 2906059 2781770 8722 8722 2773048 18355 18355 2791403 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS: THE VERHULST AND MILLOT FUNDS. THESE FUNDS WERE ESTABLISHED TO PROVIDE LOANS AND EDUCATIONAL OPPORTUNITIES FOR STUDENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -18,355. PART XI, LINE 4B - OTHER ADJUSTMENTS: PERSONAL PROPERTY RENTAL EXPENSE -8,722. PART XII, LINE 2D - OTHER ADJUSTMENTS: PERSONAL PROPERTY RENTAL EXPENSE 8,722. 1 SCHOLARSHIPS 124 145917 PART I, LINE 2: INDIVIDUALS SUBMIT APPLICATIONS TO RECEIVE SCHOLARSHIPS. A STAFF MEMBER MANAGES THE SCHOLARSHIP PROGRAM TO ENSURE RULES ARE FOLLOWED BY THE RECIPIENTS. FORM 990, PART VI, SECTION A, LINE 2 MARK ELSDON AND ERICA ELSDON HAVE A FAMILY RELATIONSHIP. LEE TAN AND NATHAN TAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY 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 B, LINE 15A UPON HIRING THE EXECUTIVE DIRECTOR, THE PERSONNEL COMMITTEE, WHICH IS COMPRISED OF INDEPENDENT MEMBERS OF THE GOVERNING BODY, REVIEWS DATA PUBLISHED BY THE UNITED WAY ON COMPENSATION PAID BY NONPROFIT ORGANIZATIONS IN DANE COUNTY FOR SIMILAR POSITIONS. THE PERSONNEL COMMITTEE ALSO REVIEWS NATIONAL AND REGIONAL DENOMINATIONAL DATA ON COMPENSATION PAID BY COMPARABLE ORGANIZATIONS. THIS DATA IS USED TO DETERMINE A COMPENSATION RANGE THAT IS THEN REVIEWED AND APPROVED BY THE ENTIRE GOVERNING BODY. ANNUALLY, THE PERSONNEL COMMITTEE CONDUCTS A PERFORMANCE REVIEW AND LOOKS AT THE CONSUMER PRICE INDEX TO GAUGE INFLATION. THE PERSONNEL COMMITTEE RECOMMENDS A COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR TO THE GOVERNING BODY FOR APPROVAL BASED ON THE CONSUMER PRICE INDEX, JOB PERFORMANCE, AND/OR CHANGES IN JOB RESPONSIBILITIES. 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. PRESBYTERIAN CHURCH (USA) A CORPORATION 100 WITHERSPOON ST LOUISVILLE KY 402021396 133462549 CHURCH KY 501(C)(3) LINE 1 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0