2024-03-18T12:24:59-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2022-07-01 237447143 CENTER FOR ADVANCED STUDIES IN BUSINESS INC CENT 6084417339 601 UNIVERSITY AVENUE MADISON WI 53715 JON KAUPLA PRESIDENT/EXECUTIVE DIRECTOR 6084417339 2024-03-18 1 JON KAUPLA 999009999 1 KIMBERLY ANDERSON CPA P00188889 6086628600 2024-03-18 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JON KAUPLA 601 UNIVERSITY AVENUE MADISON WI 53715 8417540 0 X WWW.UWCPED.ORG X 1974 WI TO STIMULATE THE CONTINUAL PROCESS OF PROFESSIONAL EDUCATION, TO PROMOTE THE EXCHANGE OF IDEAS, AND TO ADVANCE THE WISCONSIN SCHOOL OF BUSINESS AND OTHER ACADEMIC UNITS. 12 11 30 11 802887 34616 464167 609955 8978009 7793455 4020610 9473 -1887 4657 13460899 8417540 0 0 0 0 2734177 3477660 0 0 0 7167838 4367098 9902015 7844758 3558884 572782 4715130 5011441 1734197 1672937 2980933 3338504 X A. TO STIMULATE THE CONTINUAL PROCESS OF PROFESSIONAL EDUCATION IN BUSINESS AND ADMINISTRATION AT THE WISCONSIN SCHOOL OF BUSINESS AND OTHER ACADEMIC UNITS AT THE UNIVERSITY OF WISCONSIN-MADISON (UNIVERSITY) IN THE STUDENT, ALUMNUS AND THE PRACTITIONER PHASES. B. TO PROMOTE THE EXCHANGE OF IDEAS BETWEEN THE STUDENT BODY, ALUMNI AND FACULTY OF THE WISCONSIN SCHOOL OF BUSINESS, OTHER ACADEMIC UNITS AT THE UNIVERSITY AND INTERESTED EXECUTIVES AND ADMINISTRATORS. C. TO ADVANCE THE SCHOOL OF BUSINESS AND OTHER ACADEMIC UNITS AT THE UNIVERSITY BY DISSEMINATING INFORMATION CONCERNING STUDENT, ALUMNI, FACULTY AND ADMINISTRATIVE ACTIVITIES. 0 0 4741600 0 6990568 CONTINUING EDUCATION PROGRAMS: FULL IMMERSION EDUCATIONAL PROGRAMS (P.L.R. #98-24048). CASB CUSTOM PROGRAM OFFERINGS EXTEND TO ALL FUNCTIONAL AREAS AND LEVELS WITHIN AN ORGANIZATION. CONSULTING IS OFFERED BOTH ADJACENT TO THE PROGRAMMATIC OFFER AS WELL AS MORE GENERALLY WITHIN TOPICS RELATED TO HUMAN CAPITAL. CASB RUNS A PORTFOLIO OF OPEN-ENROLLMENT COURSES ON VARIOUS BUSINESS RELATED TOPICS. CASB OPERATES THE FAMILY BUSINESS CENTER, A MEMBERSHIP BASED ORGANIZATION WITH PROFESSIONAL EDUCATION GEARED TO CLOSELY HELD BUSINESS. 4741600 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 59 0 1 30 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JON KAUPLA 6084417339 601 UNIVERSITY AVE FLUNO CENTER MADISON WI 53715 TANZY LAWHORN CHAIR 1.00 X X 0 0 0 CARLA GOGIN VICE CHAIR 1.00 X X 0 0 0 DAVID GAY DIRECTOR 1.00 X 0 0 0 BLAINE RENFERT DIRECTOR 1.00 X 0 0 0 GREG DECROIX DIRECTOR 1.00 X 0 0 0 VALLABH SAMBAMURTHY DIRECTOR 1.00 X 0 0 0 ANTHONY DIX DIRECTOR 1.00 X 0 0 0 MICHAEL JOHNSON DIRECTOR 1.00 X 0 0 0 KARI LAURITSEN DIRECTOR 1.00 X 0 0 0 DAVID RAUEN DIRECTOR 1.00 X 0 0 0 CHRIS TIGLAS DIRECTOR 1.00 X 0 0 0 JON KAUPLA PRESIDENT/EXEC. DIRECTOR 40.00 X X 236869 0 61577 KORY MCCARTHY SECRETARY/TREASURER/DIR OF FINANCE 40.00 X 141235 0 26729 KATE SCHLESINGER SOLUTION ADVISOR 40.00 X 144598 0 10814 TRACY BORCHERT SENIOR DIRECTOR, INFORMATION TECHNOLOGY 40.00 X 131332 0 45553 JEREMIAH DEGOLLON SOLUTION ADVISOR 40.00 X 239943 0 45646 MARK SEIFERT SOLUTION ADVISOR 40.00 X 168528 0 43427 HELEN BRAUSEN SOLUTION ADVISOR 40.00 X 112979 0 46170 1175484 0 279916 10 0 1 0 SCOTT CONVERSE CANT DANCE TECHNOLOGIES 1035 E LAK EDGERTON WI 53534 INSTRUCTION OF PROFESSIONAL DEVELOPMENT 313665 EXVARDERUS 1197 DOLAN DRIVE SUN PRAIRIE WI 53590 INSTRUCTION OF PROFESSIONAL DEVELOPMENT 294490 FLYING ELEPHANT 4455 ACRE VIEW COURT BROOKFIELD WI 53005 INSTRUCTION OF PROFESSIONAL DEVELOPMENT 228362 ASPIRE TALENT GROUP LLC 12724 GRAN BAY PARKWAY W SUITE 41 JACKSONVILLE FL 32258 INSTRUCTORS AND HUMAN RESOURCE MANAGEMEN 195397 ELHR CONSULTING 12246 TULIPTREE LANE HUNTLEY IL 60142 INSTRUCTION OF PROFESSIONAL DEVELOPMENT 129250 7 609955 609955 EDUCATIONAL PROGRAMS 611600 7793455 6990568 802887 0 7793455 9473 9473 425 0 425 425 425 OTHER INCOME 900099 4232 4232 4232 8417540 6990568 802887 14130 X 428338 362676 65662 2275775 387908 1887867 126051 15103 110948 471981 92166 379815 175515 45596 129919 46482 46482 3177184 3019815 157369 215965 211215 4750 89538 65770 23768 129269 8269 121000 564 564 89617 38983 50634 14486 3583 10903 23016 23016 40577 40577 PROGRAM/EVENT EXPENSES 390735 390735 CREDIT CARD FEES 97551 97374 177 UBIT 3011 3011 CONTRACT SERVICES & FOO 42 42 49061 2365 46696 7844758 4741600 3103158 0 2639499 2870170 744262 947001 102085 153011 178870 87070 64050 91800 1165234 949459 4715130 5011441 986173 852840 748024 820097 1734197 1672937 X 1815699 2389045 1165234 949459 2980933 3338504 4715130 5011441 572782 -215211 0 X 0 1 X 1 0 X 45000 100000 553700 464167 609955 1772822 12415698 7813984 4689581 6394803 6990568 38304634 143767 105638 1214400 1460875 2924680 12604465 8019622 6457681 8319845 7600523 43002136 0 4691587 3066787 1541207 1746336 2750178 13796095 4691587 3066787 1541207 1746336 2750178 13796095 29206041 26798 44955 79858 571 9898 162080 469410 220630 800703 27347 1518090 496208 265585 79858 801274 37245 1680170 4232 4232 13100673 8285207 6537539 9121119 7642000 44686538 0.65360 0.65420 0.03760 0.03750 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 4,232. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172427 87070 85357 6443 6443 91800 CONTRIBUTED USE OF BUILDING 949459 949459 X 8524391 106851 106851 8417540 0 8417540 8166820 322062 322062 7844758 0 7844758 PART X, LINE 2: THE CENTER RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE CENTER APPLIED THE UNCERTAIN TAX POSITION GUIDANCE TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN AND DETERMINED THERE WERE NO MATERIAL UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023 AND 2022. THE CENTER DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITIONS THAT WOULD RESULT IN A MATERIAL CHANGE TO FINANCIAL STATEMENTS. THE CENTER RECOGNIZES ANY INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES THAT HAVE BEEN ACCRUED OR RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. X X X X 0 0 0 1 0 0 0 0 0 JON KAUPLA PRESIDENT/EXEC. DIRECTOR 212869 0 24000 0 0 0 17005 0 44572 0 298446 0 0 0 JEREMIAH DEGOLLON SOLUTION ADVISOR 80567 0 159376 0 0 0 16254 0 29392 0 285589 0 0 0 MARK SEIFERT SOLUTION ADVISOR 82542 0 85986 0 0 0 11891 0 31536 0 211955 0 0 0 TRACY BORCHERT SENIOR DIRECTOR, INFORMATION TECHNOL 113832 0 17500 0 0 0 9533 0 36020 0 176885 0 0 0 KORY MCCARTHY SECRETARY/TREASURER/DIR OF FINANCE 123735 0 17500 0 0 0 9975 0 16754 0 167964 0 0 0 HELEN BRAUSEN SOLUTION ADVISOR 94479 0 18500 0 0 0 7401 0 38769 0 159149 0 0 0 KATE SCHLESINGER SOLUTION ADVISOR 50000 0 94598 0 0 0 9104 0 1710 0 155412 0 0 0 PART I, LINE 5 COMPENSATION CONTINGENT ON REVENUES OF THE ORGANIZATION: BUSINESS DEVELOPMENT STAFF CAN EARN BONUS INCENTIVE COMPENSATION LARGELY BASED ON A PERCENTAGE OF THEIR BASE SALARY. ADDITIONALLY, THEY CAN EARN ADDITIONAL DOLLAR FIGURE BONUSES BASED ON PERSONAL AND TEAM PROGRAMMING SALES GOAL. STEVE KING FORMER EXECUTIVE DIRECTOR 110259 INSTRUCTION 0 FORM 990, PART VI, SECTION A, LINE 2 VALLABH SAMBAMURTHY IS THE DEAN OF THE SCHOOL OF BUSINESS. GREG DECROIX AND JAN HEIDE ARE TENURED FACULTY OF THE SCHOOL OF BUSINESS AND TECHNICALLY REPORT TO VALLABH. FORM 990, PART VI, SECTION A, LINE 7A THE DEAN OF THE WISCONSIN SCHOOL OF BUSINESS MAY PLACE TWO TENURED FACULTY ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B CASB'S FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM FROM INFORMATION PREPARED AND SUBMITTED BY CASB STAFF. THE REVIEW OF THE FORM 990 IS COMPLETED BY THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE REVIEW WILL BE CONDUCTED IN FEBRUARY PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE ORGANIZATION. ANNUALLY, INDIVIDUALS COVERED UNDER THE POLICY SELF IDENTIFY POTENTIAL AND/OR ACTUAL CONFLICTS. MANAGEMENT REVIEWS RESPONSES TO ENSURE ALL CONFLICTS MANAGEMENT IS AWARE OF HAVE BEEN IDENTIFIED. ANNUALLY, THE BOARD REVIEWS COMPLETED RESPONSES AND DETERMINES IF ALL POTENTIAL AND/OR ACTUAL CONFLICTS ARE ACCEPTABLE. THESE DISCUSSIONS ARE DOCUMENTED IN THE MINUTES TO THE MEETING IN WHICH THEY OCCUR. AS OF JUNE 30, NO CONFLICTS WERE NOTED WHICH LIMIT ANY OFFICER, DIRECTOR, OR KEY EMPLOYEE FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS. SHOULD ANY POTENTIAL OR ACTUAL CONFLICT ARISE BETWEEN ANNUAL SURVEYS, IT IS THE RESPONSIBILITY OF THE CONFLICTED INDIVIDUAL, AND MANAGEMENT IF THEY ARE AWARE OF THE CONFLICT, TO BRING THE NEW CONFLICT TO THE ATTENTION OF THE BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, CHAIRED BY AN INDEPENDENT DIRECTOR, REVIEWS THE COMPENSATION OF TOP MANAGEMENT AND OTHER OFFICERS. THIS REVIEW INCLUDES LOOKING AT COMPARABILITY DATA. THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS ITS DISCUSSIONS AND FINAL RECOMMENDATION. COMPENSATION DECISIONS ARE APPROVED BY THE FULL BOARD AND ARE ALSO CONTEMPORANEOUSLY DOCUMENTED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023 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. FORM 990, PART IX, LINE 11G INSTRUCTOR TEACHING FEES: PROGRAM SERVICE EXPENSES 2,860,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,860,298. PROFESSIONAL SERVICES CONSULTING: PROGRAM SERVICE EXPENSES 62,000. MANAGEMENT AND GENERAL EXPENSES 157,369. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 219,369. INSTRUCTOR CONSULTING FEES: PROGRAM SERVICE EXPENSES 97,517. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,517.