2025-04-14T08:06:17-05:00 2024-05-31 390758449 WIPFLI LLP 2501 W BELTLINE HWY STE 501 MADISON WI 53713 990 2023-06-01 390711690 WISCONSIN BANKERS ASSOCIATION WISC 6084411200 4721 SOUTH BILTMORE LANE MADISON WI 53718 ROSE M OSWALD POELS PRESIDENT/CEO 6084411200 2025-04-04 1 1 QUINN DUGAN P02267768 6082741980 2025-04-04 2023 2025-03-06 01:10:19Z ROSE M OSWALD POELS 4721 SOUTH BILTMORE LANE MADISON WI 53718 6324629 0 X WWW.WISBANK.COM X 1892 WI TO PROMOTE THE INTEREST OF WISCONSIN BANKS AND BANKERS BY PROVIDING LEADERSHIP AND SERVICES. 16 16 23 16 692564 120106 81750 95400 5120494 4930130 46031 119060 850243 1112784 6098518 6257374 231500 326000 0 0 2782167 2988992 0 0 0 2584319 2532477 5597986 5847469 500532 409905 12061671 13343558 1424479 1552662 10637192 11790896 WE ACTIVELY ADVOCATE, EDUCATE AND SUPPORT OUR MEMBERS TO HELP THEM POSITIVELY IMPACT THE WISCONSIN COMMUNITIES THEY SERVE. 0 0 LEGISLATIVE ADVOCACY: ON AN ANNUAL BASIS, WISCONSIN BANKERS ASSOCIATION MONITORS THOUSANDS OF LEGISLATIVE PROPOSALS, HUNDREDS OF ADMINISTRATIVE RULES AND ADVOCATES FOR MEMBER INTERESTS AT BOTH THE STATE AND FEDERAL LEVEL. THESE EFFORTS INCREASE THE COMPETITIVE CAPABILITIES OF WISCONSIN FINANCIAL INSTITUTIONS. EDUCATION: WISCONSIN BANKERS ASSOCIATION CONTINUES TO SET THE STANDARD FOR PROVIDING TIMELY, HIGH QUALITY EDUCATION SPECIFICALLY DESIGNED FOR OUR MEMBERSHIP. OUR PROGRAMS LEVERAGE THE TALENTS OF EXPERTS IN THE FIELD OF BANKING AND FOCUS ON HOT LEGISLATIVE AND REGULATORY TRENDS FOR THE ECONOMIC AND BUSINESS CLIMATE IN OUR STATE. WE BRING EASE OF USE TO MEMBERS WITH THE ORGANIZATION'S MANY WEBINARS AND ONLINE COURSES WHILE STILL PROVIDING VALUABLE NETWORKING OPPORTUNITIES WITH THE ORGANIZATION'S CONFERENCES, SCHOOLS, SEMINARS AND WORKSHOPS. LEGAL AND REGULATORY INFORMATION: WISCONSIN BANKERS ASSOCIATION OFFERS SEVERAL COMPLIANCE INFORMATIONAL RESOURCES FOR OUR MEMBERS ONLY. THE MOST NOTABLE RESOURCE IS OUR LEGAL CALL PROGRAM WHERE THE ORGANIZATION RESPONDS TO GENERAL COMPLIANCE INQUIRIES FROM MEMBERS. THE ORGANIZATION ALSO PUBLISHES THE MONTHLY WBA COMPLIANCE JOURNAL AND THE COMPLIANCE Q&A COLUMN MONTHLY FOR WISCONSIN BANKER. IN ADDITION, THE ORGANIZATION PUBLISHES MONTHLY THE SBA REGULATORY SPOTLIGHT WHICH IS SOLD TO SEVERAL OTHER STATE BANKER ASSOCIATIONS. 0 1 0 1 0 0 0 0 1 1 1 0 0 0 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 1 1 0 0 1 39 0 23 1 1 1 0 0 0 1 1 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X SANDY GIESE 6084411200 4721 SOUTH BILTMORE LANE MADISON WI 53718 DANIEL PETERSON PAST CHAIR 1.00 X X 0 0 0 DONNA HOPPENJAN CHAIR 1.00 X X 0 0 0 ALVARO ARAQUE CHAIR-ELECT 1.00 X X 0 0 0 PAUL NORTHWAY VICE CHAIR 1.00 X X 0 0 0 KELLY HEROUX DIRECTOR 1.00 X 0 0 0 PAUL HOFFMANN DIRECTOR 1.00 X 0 0 0 SHAY HORTON DIRECTOR 1.00 X 0 0 0 RYAN KAMPHUIS DIRECTOR 1.00 X 0 0 0 GREG LUNDBERG DIRECTOR 1.00 X 0 0 0 JAY MACK DIRECTOR 1.00 X 0 0 0 THOMAS MEWS DIRECTOR 1.00 X 0 0 0 ANTHONY NGUYEN DIRECTOR 1.00 X 0 0 0 GREG OGREN DIRECTOR 1.00 X 0 0 0 JOE PEIKERT DIRECTOR 1.00 X 0 0 0 DANIEL RAVENSCROFT DIRECTOR 1.00 X 0 0 0 BILL SENNHOLZ DIRECTOR 1.00 X 0 0 0 ROSE M OSWALD POELS PRESIDENT/CEO 40.00 1.00 X 426526 0 65932 SANDRA GIESE VP FINANCE & ADMIN 40.00 X 143188 0 26942 DARYLL J LUND EXECUTIVE VP/COS 40.00 X 263259 0 51130 LORENZO CRUZ EXECUTIVE VP/COS 40.00 X 168689 0 49879 HEATHER MACKINNON VP LEGAL 40.00 X 131065 0 25499 1132727 0 219382 5 0 1 0 0 95400 95400 MEMBERSHIP DUES 611710 2712060 2712060 CONFERENCES/SCHOOLS 611710 1806054 1806054 MANAGEMENT, FACILITIES 611710 296984 296984 PRODUCTS AND SERVICES 611710 115032 115032 4930130 119060 10396 108664 289951 289951 96324 67255 29069 29069 29069 MANAGEMENT FEES 561000 621228 621228 ADVERTISING INCOME 541800 60940 60940 111596 111596 793764 6257374 4930130 692564 539280 326000 686584 1818903 154686 172101 156718 110838 54000 52925 50000 30250 155705 195591 162990 55016 1061639 237246 39420 DUES & SUBSCRIPTIONS 28751 INCOME TAX EXPENSE 14006 284100 5847469 728609 185861 2003906 2750445 1454265 1927867 233214 206007 7584944 4508596 3239927 3076348 2581442 3112335 1601019 1809968 219289 274727 12061671 13343558 689611 748556 734868 804106 1424479 1552662 X 10637192 11790896 10637192 11790896 12061671 13343558 X 409905 459850 283949 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2712060 488793 -83236 405557 569533 -163976 5552000 893000 6445000 4958000 594000 5552000 4553359 404641 4958000 3404419 1148940 4553359 5109295 1704876 3404419 1.00000 0.00000 0.00000 0 0 454944 454944 4342102 2004666 2337436 2616560 2336527 280033 171338 167403 3935 3076348 INVESTMENT IN MIDWEST FINANCIAL INSTITUTIONS GROUP INC 1809968 F 1809968 X PART V, LINE 4: THE WISCONSIN BANKERS ASSOCIATION (WBA) HAS CREATED THREE RESERVES THAT ARE NOT AVAILABLE FOR USE IN OPERATIONS. THESE RESERVES SERVE AS A MEANS OF ENSURING ADEQUATE FUNDING FOR PARTICULAR NEEDS AND OBLIGATIONS OF WBA, INCLUDING A PRIMARY RESERVE TO SUSTAIN WBA THROUGH AN UNEXPECTED FINANCIAL CRISIS, A CAPITAL RESERVE FOR THE PURCHASE OF FACILITIES AND EQUIPMENT THAT WILL ASSIST WBA AND ITS STAFF TO BETTER MEET ITS MISSION, AND AN OPPORTUNITY RESERVE TO PROVIDE START-UP FUNDS FOR NEW PROGRAMS AND BUSINESS OPPORTUNITIES. PART X, LINE 2: THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. 0 ABA VOTER EDUCATION FUND 1333 NEW HAMPSHIRE AVE NW WASHINGTON DC 200361511 521001304 501 (C) 6 10000 0 GENERAL DONATION COMMITTEE TO ELECT A REPUBLICAN SENATE (CERS) PO BOX 2741 MADISON WI 53717 391517505 POLITICAL COMMITTEE 12000 0 GENERAL DONATION JOBS FIRST COALITION PO BOX 2071 BROOKFIELD WI 53008 270755923 501 (C) 4 75000 0 GENERAL DONATION RACC 148 EAST JOHNSON STREET MADISON WI 53703 391429711 POLITICAL COMMITTEE 12000 0 GENERAL DONATION WISCONSIN PRINCIPLES INC 1275 NIAGARA RD OCONOMOWOC WI 53066 992011538 501 (C) 4 75000 0 GENERAL DONATION REPUBLICAN PARTY OF WISCONSIN 148 EAST JOHNSON STREET MADISON WI 53703 391429711 POLITICAL GROUP 12000 0 GENERAL DONATION STATE GOVERNMENT LEADERSHIP FOUNDATION 1201 F STREET NW SUITE 675 WASHINGTON DC 20004 200505849 501 (C) 4 20000 0 GENERAL DONATION WMC-ISSUE MOBILIZATION COUNCIL 501 E WASHINGTON MADISON WI 53703 391743887 501 (C) 4 25000 0 GENERAL DONATION FORTE SERVICES LLC 4081 KEEWATIN TRAIL VERONA WI 53593 825314982 N/A 15000 0 GENERAL DONATION EMPLOY MILWAUKEE INC 2342 NORTH 27TH STREET MILWAUKEE WI 53210 391636835 501 (C) 3 15000 0 GENERAL DONATION PEOPLES STATE BANK 301 E BLACKHAWK AVE PRAIRIE DU CHIEN WI 53821 390532620 N/A 10000 0 HOUSING GRANT COLUMBIA SAVINGS & LOAN ASSOCIATION 2020 W FOND DU LAC AVE MILWAUKEE WI 53205 390218840 N/A 10000 0 HOUSING GRANT BOSCOBEL BANCORP INC 925 WISCONSIN AVE BOSCOBEL WI 53805 391670078 N/A 10000 0 HOUSING GRANT PREMIER COMMUNITY BANK 230 MAVIS ROAD MARION WI 54950 390451504 N/A 10000 0 HOUSING GRANT FAMILY SERVICE ASSOCIATION OF SHEBOYGAN 1930 N 8TH STREET SHEBOYGAN WI 53081 390808501 N/A 10000 0 HOUSING GRANT 1 15 X X 1 1 X X X X 0 1 0 ROSE M OSWALD POELS PRESIDENT/CEO 354688 0 70822 0 1016 0 32527 0 33405 0 492458 0 0 0 DARYLL J LUND EXECUTIVE VP/COS 223551 0 36102 0 3606 0 26110 0 25020 0 314389 0 0 0 LORENZO CRUZ EXECUTIVE VP/COS 152687 0 16002 0 0 0 17450 0 32429 0 218568 0 0 0 SANDRA GIESE VP FINANCE & ADMIN 129205 0 13983 0 0 0 14598 0 12344 0 170130 0 0 0 HEATHER MACKINNON VP LEGAL 118676 0 12389 0 0 0 13606 0 11893 0 156564 0 0 0 PART I, LINE 1A THE ASSOCIATION WILL REIMBURSE THE NECESSARY AND REASONABLE EXPENSES INCURRED BY SPOUSES OF ELECTED OFFICERS AND THE PRESIDENT/CEO FOR ATTENDANCE AT MEETINGS ON BEHALF OF THE ASSOCIATION. THE PURPOSE OF THESE MEETINGS MUST BE CONSISTENT WITH THE BUSINESS PURPOSE RULES OF THE INTERNAL REVENUE SERVICE. SPOUSE TRAVEL EXPENSES FOR BOARD MEMBERS WILL BE APPROVED IN ADVANCED BY THE WISCONSIN BANKERS ASSOCIATION PRESIDENT/CEO. THE CHAIR OF THE WISCONSIN BANKERS ASSOCIATION AUDIT & FINANCE COMMITTEE WILL APPROVE REIMBURSEMENT FOR THE PRESIDENT/CEO. SUCH EXPENSE ITEM IN EXCESS OF $25 MUST BE ACCOMPANIED BY A VALIDATED RECEIPT. EXPENSES FOR ENTERTAINMENT PROVIDED FOR OTHERS MUST ALSO BE SUPPORTED BY THE NAMES OF THOSE INDIVIDUALS ENTERTAINED, AFFILIATIONS, DATES, AND PURPOSE OF THE MEETING. THE ORGANIZATION PAYS FOR THE PRESIDENT/CEO MEMBERSHIP TO A SOCIAL CLUB. PART I, LINE 4B ROSE M. OSWALD POELS PARTICIPATES IN A NON-QUALIFIED RETIREMENT PLAN. DURING THE YEAR THE ORGANIZATION CONTRIBUTED $12,500 TO THE PLAN ON HER BEHALF. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS AND TWO CLASSES OF MEMBERSHIP, ACTIVE MEMBERS AND ASSOCIATE MEMBERS. ACTIVE MEMBERS CONSIST OF ANY NATIONAL OR STATE BANK, ANY NATIONAL OR STATE SAVINGS AND LOAN ASSOCIATION OR SAVINGS BANK OR ANY TRUST COMPANY BANK, EACH WITH AN OFFICE LOCATED WITHIN THE STATE OF WISCONSIN AND DOING BUSINESS THEREIN, AND WHICH SHALL BE APPROVED BY THE BOARD OF DIRECTORS AND PAY SUCH ANNUAL DUES AS MAY BE ESTABLISHED BY THE BOARD OF DIRECTORS. ASSOCIATE MEMBERS CONSIST OF ANY INDIVIDUAL, ENTITY OR GOVERNMENTAL UNIT WHO SHALL APPLY TO AND BE ACCEPTED FOR ASSOCIATE MEMBERSHIP BY THE BOARD OF DIRECTORS AND SHALL PAY SUCH ANNUAL DUES AS MAY BE ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S ACTIVE MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE ACTIVE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B IN COMPLIANCE WITH INTERNAL REVENUE SERVICE GOVERNANCE GUIDELINES RELATING TO THE INCOME TAX FORM 990, THE ASSOCIATION WILL PROVIDE A COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES) TO EACH VOTING MEMBER OF THE WISCONSIN BANKERS ASSOCIATION BOARD OF DIRECTORS, WHETHER IN PAPER OR ELECTRONIC FORM, PRIOR TO ITS FILING WITH THE IRS. THE PRESIDENT/CEO AND VP ADMINISTRATION/CFO WILL REVIEW THE FORM 990 PRIOR TO DISTRIBUTION TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN RECEIVES A DRAFT OF THE FORM 990 TO REVIEW. IN ADDITION, THE BOARD OF DIRECTORS WILL BE GIVEN AN OPPORTUNITY TO COMMENT TO MANAGEMENT ON THE COMPLETED FORM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FORMS ARE RE-SIGNED ANNUALLY AND REVIEWED BY THE PRESIDENT/CEO. ANY INDIVIDUAL WITH A PERCEIVED OR ACTUAL CONFLICT OF INTEREST IS RECUSED FROM DISCUSSION AND VOTING ON THE MATTER TO WHICH THE CONFLICT RELATES. FORM 990, PART VI, SECTION B, LINE 15 THIS COMPENSATION POLICY APPLIES TO THE PRESIDENT/CEO OF THE WISCONSIN BANKERS ASSOCIATION (WBA) AND INCLUDES THE FOLLOWING ANNUAL REVIEW PROCESS: REVIEW AND APPROVAL: THE COMPENSATION AND BENEFITS ARRANGEMENT FOR THE WBA PRESIDENT/CEO IS REVIEWED BY THE COMPENSATION COMMITTEE, WHO MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ULTIMATELY APPROVES THE PRESIDENT/CEO COMPENSATION PACKAGE. ANY PERSON WITH A CONFLICT OF INTEREST REGARDING THE COMPENSATION, SUCH AS THE PRESIDENT/CEO, IS NOT INVOLVED IN THE REVIEW AND APPROVAL PROCESS. COMPARABLE COMPENSATION DATA: WHEN THE COMPENSATION COMMITTEE IS CONSIDERING ANNUAL COMPENSATION AND BENEFITS FOR THE PRESIDENT/CEO, THE MEMBERS REVIEW DATA OF COMPARABLE COMPENSATION IN SIMILAR ORGANIZATIONS. THIS DATA INCLUDES INDUSTRY SURVEY INFORMATION FROM LOCAL AND STATE NON-PROFIT ASSOCIATIONS AND NATIONAL BANKING TRADE ASSOCIATIONS. DOCUMENTATION: THE OFFICE MEETING MINUTES OF THE COMPENSATION COMMITTEE AND THE WBA BOARD OF DIRECTORS REFLECT THE REVIEW PROCESS AND DECISION REGARDING THE COMPENSATION ARRANGEMENT. THE WBA CEO ALSO USED MARKET DATA AS WELL AS OTHER ASSOCIATION SURVEYS TO ESTABLISH KEY EMPLOYEE WAGES AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: EQUITY IN NET LOSS OF SUBSIDIARIES 359,549. DIVIDENDS DECLARED 75,000. EQUITY IN EARNINGS OF SUBSIDIARIES -150,600. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES FROM PRIOR YEAR. WISCONSIN BANKERS FOUNDATION INC 4721 S BILTMORE LANE MADISON WI 53718 463791061 FINANCIAL EDUCATION AND RESEARCH WI 501(C)(3) LINE 7 N/A 0 MIDWEST BANKERS INSURANCE SERVICES LLC 8050 WASHINGTON AVE SOUTH EDEN MN 55344 452602101 SERVICES MN N/A 0 0 GENERATIONS TITLE COMPANY LLC 6400 GISHOLT DRIVE MONONA WI 53713 203017979 SERVICES WI N/A 0 0 MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES 4721 SOUTH BILTMORE LANE MADISON WI 53718 851205672 INSURANCE AGENCY AND BROKERAGE SERVICES WI WISCONSIN BANKERS ASSOCIATION C 4611881 5386102 1.00000 1 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES A 37369 FMV MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES F 75000 FMV MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES Q 916152 FMV MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES L 710077 FMV MIDWEST FINANCIAL INSTITUTIONS GROUP INC AND SUBSIDIARIES A 10396 FMV