2026-07-06T08:42:04-05:00 2025-09-30 393647910 WIPFLI ADVISORY LLC 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2024-10-01 390840476 INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED INC INDU 4147783040 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 JEFF MADDEN INTERIM PRESIDENT & CEO/CFO 4147783040 2026-06-24 1 1 QUINN DUGAN P02267768 6082741980 2026-06-24 2024 2025-03-06 01:10:19Z JEFF MADDEN 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 82961858 0 X IBVI.ORG X 1952 WI TO PROVIDE AND GROW EMPLOYMENT OPPORTUNITIES FOR VISUALLY IMPAIRED PEOPLE. 14 12 268 12 0 0 0 0 0 0 1171869 1280295 11403673 9054028 12575542 10334323 216087 207588 0 0 6049478 5862835 0 0 0 6524321 5764782 12789886 11835205 -214344 -1500882 88386123 84697566 17013472 10826050 71372651 73871516 TO CREATE AND GROW EMPLOYMENT OPPORTUNITIES FOR PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED. 0 0 5460332 207588 8968377 TO PROVIDE AND GROW EMPLOYMENT OPPORTUNITIES FOR BLIND AND VISUALLY IMPAIRED PEOPLE. DURING THE TAX YEAR, THE ORGANIZATION EMPLOYED 106 BLIND OR VISUALLY IMPAIRED PEOPLE. 5460332 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 38 0 268 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JEFF MADDEN 4147783040 445 SOUTH CURTIS ROAD WEST ALLIS WI 532141016 CHARLES J LANGE III CEO/PRESIDENT 50.00 X X 823109 0 21120 JEFF MADDEN CFO/TREASURER 50.00 X X 537008 0 16131 HEIDI CHADA CHAIRMAN 1.00 X X 0 0 0 DAN LOCOCO VICE CHAIRMAN 1.00 X X 0 0 0 TERRI DAVIS SECRETARY 1.00 X X 0 0 0 MARY VAN VOLKINBURG SECRETARY (THRU 2/19/25) 1.00 X X 0 0 0 CORY BALLARD BOARD MEMBER 1.00 X 0 0 0 SUSAN DOWD BOARD MEMBER 1.00 X 0 0 0 JEREMY DUNCAN BOARD MEMBER 1.00 X 0 0 0 SHERRICE HARREL BOARD MEMBER 1.00 X 0 0 0 JOE KOHLER BOARD MEMBER 1.00 X 0 0 0 DEE MELLOR BOARD MEMBER 1.00 X 0 0 0 JOHN O'CONNOR BOARD MEMBER 1.00 X 0 0 0 TOM SCRIVNER BOARD MEMBER 1.00 X 0 0 0 CHUCK STADLER BOARD MEMBER 1.00 X 0 0 0 RICHARD WEIGOLD SR VP OF PRODUCT/CHANNEL DRV (THRU NOV 2024) 40.00 X 349200 0 16192 PATRICK CRAIN CHIEF MANUFACTURE/LOGISTICS OFFICER 40.00 X 329522 0 16147 TODD HOBART VP BSC STORE OPERATIONS 40.00 X 277144 0 9469 SCOTT COLE DIRECTOR OF CONTRACTS 40.00 X 179188 0 8828 JASON RADLIFF DIR. OF E-COMMERCE/CUST. SERVICE 40.00 X 159410 0 7187 ANDREW KULICH SR DIRECTOR OF IBVI CUSTOM 40.00 X 145387 0 14260 CONNIE KNUTSON EXEC. DIR. OF HUMAN RESOURCES 40.00 X 139253 0 7751 ROB ORNBURG NATIONAL SALES DIRECTOR 40.00 X 137825 0 5513 3077046 0 122598 25 0 1 0 ME DEY & CO INC 700 W VIRGINIA ST STE 300 MILWAUKEE WI 53204 IMPORT CONSULTANTS 520149 EPIC CREATIVE 300 S 6TH AVENUE WEST BEND WI 53095 MARKETING SERVICES 460597 HEARTLAND BUSINESS SYSTEMS LLC 1700 STEPHEN STREET LITTLE CHUTE WI 54140 IT SUPPORT SERVICES 321572 SOUTHPORT ENGINEERED SYSTEMS LLC 1343 S 27TH ST CALEDONIA WI 53108 MAINTENANCE, HVAC UNITS 216530 ITERIA US 1178 CYPRESS PT TWIN LAKES WI 53181 IT SUPPORT SERVICES 156450 6 1275995 1275995 4300 0 4300 4300 4300 81595912 72627535 8968377 8968377 CREDIT CARD REBATE 900099 20910 20910 64741 64741 85651 10334323 8968377 0 1365946 207588 207588 1599415 421068 1178347 2812468 2214951 597517 314061 88670 225391 858798 644357 214441 278093 172206 105887 56699 56699 118919 118919 33768 33768 596643 596643 164885 161222 3663 424245 194317 229928 1399320 3041 1396279 6398 6398 164626 26087 138539 121134 121134 462491 462491 311915 147591 164324 FEES BASED ON SALES 1179234 1179234 CARD FEES 644464 644464 WELLNESS PROGRAM EXPENS 11842 11842 BAD DEBT 808 808 67391 67391 11835205 5460332 6374873 0 16997585 12556814 11943586 10067610 11043177 10654482 854786 670991 35975581 18456417 17919999 17519164 28217185 31741488 1409805 1487017 88386123 84697566 9517441 7595517 4730548 1534032 2765483 1696501 17013472 10826050 X 71372651 73871516 71372651 73871516 88386123 84697566 X -1500882 2759759 1239988 X 0 1 X 1 0 X 82760967 78497266 111929146 92521786 81595912 447305077 26730 -3225 32191 33780 85651 175127 82787697 78494041 111961337 92555566 81681563 447480204 0 0 0 447480204 599109 774599 4574648 1171869 1275995 8396220 599109 774599 4574648 1171869 1275995 8396220 83386806 79268640 116535985 93727435 82957558 455876424 0.98160 0.98380 0.01840 0.01620 X 1702300 1702300 16805490 7398318 9407172 647151 587601 59550 7012351 4637837 2374514 9808289 5832661 3975628 17519164 NET PENSION LIABILITY 1696501 1696501 X 14300302 2759759 1239988 3999747 10300555 33768 33768 10334323 11801437 0 11801437 33768 33768 11835205 PART X, LINE 2: ACCOUNTING PRINCIPLES RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS REQUIRE FINANCIAL STATEMENT RECOGNITION FOR THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE TAX POSITION. THE PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AS WELL AS GUIDANCE ON DERECOGNIZING, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE COMPANY'S PAST TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR APPLICABLE STATUTORY PERIODS. IBVI IS ORGANIZED AS AN ENTITY GENERALLY EXEMPT FROM CORPORATE INCOME TAXES. UNDER CERTAIN CIRCUMSTANCES, EXEMPT ENTITIES CAN INCUR CORPORATE INCOME TAXES ON ACTIVITIES DEEMED TO BE UNRELATED TO ITS EXEMPT STATUS. MANAGEMENT REGULARLY EVALUATES ITS ACTIVITIES AND DETERMINES IF ANY OF ITS ACTIVITIES WOULD BE CONSIDERED UNRELATED AND HAS CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN. FROM TIME TO TIME, IBVI IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ACTUARIAL GAIN 1,239,988. 1 VISION FORWARD 912 NORTH HAWLEY ROAD MILWAUKEE WI 53213 390808506 501(C)(3) 110000 0 DEVELOPMENT OF CAPABILITIES, REHABILITATION, AND IMPROVEMENT OF LIVING ABLE AUDIO & BRAILLE LITERACY ENHANCEMENT 803 WEST WELLS STREET MILWAUKEE WI 53233 391593301 501(C)(3) 43000 0 DEVELOPMENT OF CAPABILITIES, REHABILITATION, AND IMPROVEMENT OF LIVING CENTER FOR DEAF-BLIND PERSONS 3195 SOUTH SUPERIOR STREET MILWAUKEE WI 53207 391491836 501(C)(3) 45000 0 DEVELOPMENT OF CAPABILITIES, REHABILITATION, AND IMPROVEMENT OF LIVING 3 0 PART I, LINE 2: THE BOARD OF DIRECTORS APPROVES AN AMOUNT FOR "GRANT DISTRIBUTION" EACH YEAR BASED ON RECOMMENDATION FROM THE COMMUNITY OUTREACH COMMITTEE. THE COMMUNITY OUTREACH COMMITTEE OF THE BOARD OF DIRECTORS SENDS OUT SOLICITATION LETTERS TO VARIOUS ORGANIZATIONS. THE BUSINESS COMMUNITY OUTREACH COMMITTEE REVIEWS PROPOSALS SUBMITTED AND DETERMINES WHICH ORGANIZATIONS WILL RECEIVE FUNDS AND THE AMOUNT THEY WILL RECEIVE. A LETTER IS SENT WITH THE FUNDS. FEEDBACK ON THE USE OF THE FUNDS IS ALSO REQUESTED FROM THE ORGANIZATIONS. DONATIONS OF OLD INVENTORY AND OTHER MISCELLANEOUS ITEMS ARE APPROVED BY MANAGEMENT. X X 1 1 X X X X 0 0 0 1 0 1 0 1 0 CHARLES J LANGE III CEO/PRESIDENT 424569 0 241411 0 157129 0 14000 0 7120 0 844229 0 0 0 JEFF MADDEN CFO/TREASURER 268578 0 117779 0 150651 0 12211 0 3920 0 553139 0 0 0 RICHARD WEIGOLD SR VP OF PRODUCT/CHANNEL DRV (THRU N 216192 0 86764 0 46244 0 12598 0 3594 0 365392 0 0 0 PATRICK CRAIN CHIEF MANUFACTURE/LOGISTICS OFFICER 219370 0 96860 0 13292 0 12227 0 3920 0 345669 0 0 0 TODD HOBART VP BSC STORE OPERATIONS 200622 0 76522 0 0 0 5549 0 3920 0 286613 0 0 0 SCOTT COLE DIRECTOR OF CONTRACTS 152104 0 27084 0 0 0 7231 0 1597 0 188016 0 0 0 JASON RADLIFF DIR. OF E-COMMERCE/CUST. SERVICE 150695 0 8715 0 0 0 3267 0 3920 0 166597 0 0 0 ANDREW KULICH SR DIRECTOR OF IBVI CUSTOM 112360 0 33027 0 0 0 6140 0 8120 0 159647 0 0 0 PART I, LINE 1A $100/YEAR HEALTH CLUB REIMBURSEMENT ALLOWED FOR ANY EMPLOYEE. PART I, LINE 5 PER EMPLOYEE AGREEMENTS/PLANS AS DRAFTED BY THE COMPENSATION & PERSONNEL COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. PART I, LINE 6 PER EMPLOYEE AGREEMENTS/PLANS AS DRAFTED BY THE COMPENSATION & PERSONNEL COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. PART I, LINE 7 PAYMENTS FOR PERFORMANCE AND EXTRAORDINARY DISCRETIONARY BONUSES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND A COPY OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BEFORE EACH ANNUAL MEETING THE BOARD OF DIRECTORS COMPLETE A FORM INDICATING ANY CONFLICTS OF INTEREST THEY MAY HAVE. THESE FORMS ARE KEPT ON RECORD. BOARD MEMBERS ARE RECUSED FROM THE BOARD MEETING IF THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 SALARIES AND COMPENSATION PLANS ARE DETERMINED BY THE COMPENSATION & PERSONNEL COMMITTEE WHICH IS MADE UP OF BOARD MEMBERS. THIS COMMITTEE USES COMPETITIVE COMPENSATION RESEARCH PROVIDED BY AN OUTSIDE CONSULTING FIRM. NO EXECUTIVES OR EMPLOYED MANAGERS SET THEIR OWN COMPENSATION PLAN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ACTUARIAL GAIN 1,239,988. TOP PROMOTIONS INC 8831 SOUTH GREENVIEW DRIVE MIDDLETON WI 53562 391428436 PROMOTIONAL PRODUCT SOLUTIONS WI INDUSTRIES FOR THE BLIND AND VISUALLY IMPAIRED INC C 140448 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 TOP PROMOTIONS INC F 483644 CASH