2025-02-14T18:58:43-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-07-01 237447143 CENTER FOR ADVANCED STUDIES IN BUSINESS INC CENT 6084417339 601 UNIVERSITY AVENUE MADISON WI 53715 JON KAUPLA PRESIDENT/EXECUTIVE DIRECTOR 6084417339 2025-02-13 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2025-02-13 2023 2025-03-06 01:10:19Z CENTER FOR PROFESSIONAL AND EXECUTIVE DEVELOPMENT JON KAUPLA 601 UNIVERSITY AVENUE MADISON WI 53715 7709668 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 656742 0 609955 0 7793455 7606316 9473 103352 4657 0 8417540 7709668 0 500000 0 0 3477660 3097732 0 0 0 4367098 4584960 7844758 8182692 572782 -473024 5011441 4040312 1672937 1413772 3338504 2626540 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 4194524 500000 6949574 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. 4194524 1 0 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 74 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 WI X GINO RICCHIO 6084417339 601 UNIVERSITY AVENUE MADISON WI 53715 TANZY LAWHORN CHAIR 1.00 X X 0 0 0 DAVID RAUEN DIRECTOR, COMP / GOV COMMITTEE CHAIR 1.00 X 0 0 0 DAVID GAY DIRECTOR, FINANCE/AUDIT COMMITTEE CHAIR 1.00 X 0 0 0 CHRIS TIGLAS VICE CHAIR 1.00 X X 0 0 0 ANTHONY DIX DIRECTOR 1.00 X 0 0 0 BLAINE RENFERT DIRECTOR 1.00 X 0 0 0 KARI LAURITSEN DIRECTOR 1.00 X 0 0 0 PATRICK SCHEIBEL DIRECTOR 1.00 X 0 0 0 GREG DECROIX DIRECTOR 1.00 X 0 0 0 MICHAEL JOHNSON DIRECTOR 1.00 X 0 0 0 VALLABH SAMBAMURTHY DIRECTOR, DEAN WSB 1.00 X 0 0 0 JON KAUPLA EXECUTIVE DIRECTOR (CASB) 40.00 X X 228484 0 74420 GINO RICCHIO DIRECTOR OF FINANCE (CASB), SECRETARY 40.00 X 151692 0 48533 MARK SEIFERT SOLUTION ADVISOR 40.00 X 203829 0 36671 JEREMIAH DEGOLLON SOLUTION ADVISOR 40.00 X 198186 0 13141 KATE SCHLESINGER SOLUTION ADVISOR 40.00 X 201518 0 32577 TRINITY KORTH SOLUTION ADVISOR 40.00 X 164590 0 20346 TRACY MAST SR. DIRECTOR OF TECHNOLOGY AND PEOPLE 1.00 X 142942 0 37091 1291241 0 262779 12 0 1 0 ASPIRE TALENT GROUP LLC 12724 GRAN BAY PARKWAY W SUITE 41 JACKSONVILLE FL 32258 EXECUTIVE EDUCATION INSTRUCTION 290887 SCOTT CONVERSE CANT DANCE TECHNOLOGIES 1035 E LAK EDGERTON WI 53534 EXECUTIVE EDUCATION INSTRUCTION 280189 FLYING ELEPHANT 4455 ACRE VIEW COURT BROOKFIELD WI 53005 EXECUTIVE EDUCATION INSTRUCTION 234829 ELHR CONSULTING 12246 TULIPTREE LANE HUNTLEY IL 60142 EXECUTIVE EDUCATION INSTRUCTION 175050 EXVARDERUS 1197 DOLAN DRIVE SUN PRAIRIE WI 53590 EXECUTIVE EDUCATION INSTRUCTION 171209 6 EDUCATIONAL PROGRAM FE 611600 7606316 6949574 656742 7606316 103352 103352 7709668 6949574 656742 103352 X 500000 500000 408151 408151 1894331 1894331 117020 117020 486955 486955 191275 191275 58170 58170 2743817 2607137 136680 183294 183294 31249 31249 220832 27054 193778 72977 40990 31987 14817 14817 33053 33053 61415 61415 PROGRAM/EVENT EXPENSES 1007621 1003736 3885 CREDIT CARD FEES 85653 85653 72062 15607 56455 8182692 4194524 3988168 0 2870170 2666069 947001 422668 153011 163076 144534 65972 91800 78562 949459 709937 5011441 4040312 852840 618037 820097 795735 1672937 1413772 X 2389045 1916603 949459 709937 3338504 2626540 5011441 4040312 -473024 -238940 0 X 0 1 X 1 0 X 100000 553700 464167 609955 1727822 7813984 4689581 6394803 6990568 6949574 32838510 105638 1214400 1460875 2780913 8019622 6457681 8319845 7600523 6949574 37347245 0 3066787 1541207 1746336 2750178 2660818 11765326 3066787 1541207 1746336 2750178 2660818 11765326 25581919 44955 79858 571 9898 103352 238634 220630 800703 27347 1048680 265585 79858 801274 37245 103352 1287314 4232 4232 8285207 6537539 9121119 7642000 7052926 38638791 0.66210 0.65360 0.03330 0.03760 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 4,232. 133534 65055 68479 11000 917 10083 78562 CONTRIBUTED USE OF BUILDING 709937 709937 X 7793930 84262 84262 7709668 0 7709668 8505894 323202 323202 8182692 0 8182692 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, 2024 AND 2023. 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, 2024 AND 2023. 1 WISCONSIN SCHOOL OF BUSINESS 975 UNIVERSITY AVE MADISON WI 53706 396006492 GOV 500000 0 TO SUPPORT ORGANIZATION'S ACTIVITIES 1 0 PART I, LINE 2: GRANTS ARE ONLY MADE TO A RELATED PARTY FOR SUPPORT OF ITS ACTIVITIES. CASB WORKS CLOSELY WITH THE RELATED PARTY AND CAN MONITOR THE USE OF THE GRANTS. X X X X 0 0 0 1 0 0 0 0 0 JON KAUPLA EXECUTIVE DIRECTOR (CASB) 228484 0 0 0 0 0 15994 0 58426 0 302904 0 0 0 MARK SEIFERT SOLUTION ADVISOR 85000 0 118829 0 0 0 9780 0 26891 0 240500 0 0 0 KATE SCHLESINGER SOLUTION ADVISOR 50000 0 151518 0 0 0 4938 0 27639 0 234095 0 0 0 JEREMIAH DEGOLLON SOLUTION ADVISOR 85000 0 113186 0 0 0 11295 0 1846 0 211327 0 0 0 GINO RICCHIO DIRECTOR OF FINANCE (CASB), SECRETAR 146192 0 5500 0 0 0 13926 0 34607 0 200225 0 0 0 TRINITY KORTH SOLUTION ADVISOR 90000 0 74590 0 0 0 10365 0 9981 0 184936 0 0 0 TRACY MAST SR. DIRECTOR OF TECHNOLOGY AND PEOPL 136192 0 6750 0 0 0 10006 0 27085 0 180033 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. FORM 990, PART VI, SECTION A, LINE 2 VALLABH SAMBAMURTHY IS THE DEAN OF THE SCHOOL OF BUSINESS. GREG DECROIX IS A TENURED FACULTY OF THE SCHOOL OF BUSINESS AND TECHNICALLY REPORTS 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 BEFORE FILING. 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 2024. 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 2,442,454. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,442,454. PROFESSIONAL SERVICES CONSULTING: PROGRAM SERVICE EXPENSES 123,933. MANAGEMENT AND GENERAL EXPENSES 136,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 260,613. PROFESSIONAL SERVICES COACHING: PROGRAM SERVICE EXPENSES 40,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,750.