Form 990 for tax year 2023
Filed by UNIVERSITY OF WISCONSIN-SUPERIOR ALUMNI AND FRIENDS FOUNDATION INC.
Totals
- Total revenue
- $2,734,128
- Total expenses
- $5,289,167
- Contributions and grants received
- $2,239,329
- Grants paid
- $1,831,140
- Program service revenue
- $0
- Investment income
- $458,932
- Other revenue
- $35,867
- Total assets, end of year
- $27,146,362
- Total liabilities, end of year
- $242,716
- Net assets or fund balances, end of year
- $26,903,646
- Program services expenses (Part IX)
- $4,498,502
- Management and general expenses
- $404,325
- Fundraising expenses
- $386,340
- Program service expenses (Part III)
- $4,498,502
Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$2,239,329
-
1g · Noncash contributions included above
$28,247
-
3 · Investment income
total $580,315 · excluded $580,315
-
7a · Gross sales of assets other than inventory
securities $9,864,448
-
7b · Less cost or other basis and sales expenses
securities $9,985,831
-
7c · Gain or loss
securities -$121,383
-
7d · Net gain or loss
total -$121,383 · excluded -$121,383
-
11a · Other revenue: OTHER REVENUE
total $35,867 · related or exempt $35,867
-
11e · Other revenue, total
$35,867
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $792,428 · program services $792,428
-
2 · Grants to domestic individuals
total $1,038,712 · program services $1,038,712
-
11a · Fees: management
total $44,829 · management and general $44,829
-
11b · Fees: legal
total $1,600 · management and general $1,600
-
11c · Fees: accounting
total $12,150 · management and general $12,150
-
11f · Fees: investment management
total $142,672 · management and general $142,672
-
12 · Advertising and promotion
total $29,580 · fundraising $29,580
-
13 · Office expenses
total $27,210 · management and general $9,188 · fundraising $18,022
-
14 · Information technology
total $63,392 · program services $22,978 · management and general $40,414
-
16 · Occupancy
total $3,385 · management and general $3,385
-
17 · Travel
total $10,798 · fundraising $10,798
-
19 · Conferences, conventions and meetings
total $3,734 · management and general $3,734
-
22 · Depreciation, depletion and amortization
total $1,358 · management and general $1,358
-
23 · Insurance
total $15,565 · management and general $15,565
-
24a · Other expenses: INSTITUTIONAL SUPPORT
total $2,644,384 · program services $2,644,384
-
24b · Other expenses: CONTRACT LABOR
total $431,468 · management and general $121,843 · fundraising $309,625
-
24c · Other expenses: STEWARDSHIP
total $14,420 · fundraising $14,420
-
24d · Other expenses: PROFESSIONAL DEVELOPMENT
total $5,823 · management and general $5,823
-
24e · All other expenses
total $5,659 · management and general $1,764 · fundraising $3,895
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $119,730 · end of year $184,370
-
2 · Savings and temporary cash investments
beginning of year $4,238,668 · end of year $2,902,687
-
3 · Pledges and grants receivable
beginning of year $2,212,646 · end of year $1,359,793
-
10a · Land, buildings and equipment: cost or other basis
$138,997
-
10b · Land, buildings and equipment: accumulated depreciation
$126,740
-
10c · Land, buildings and equipment, net
beginning of year $2,456 · end of year $12,257
-
11 · Investments: publicly traded securities
beginning of year $20,639,327 · end of year $22,613,869
-
15 · Other assets
beginning of year $155,791 · end of year $73,386
-
17 · Accounts payable and accrued expenses
beginning of year $408,090 · end of year $221,459
-
25 · Other liabilities
beginning of year $23,974 · end of year $21,257
-
27 · Net assets without donor restrictions
beginning of year $2,336,277 · end of year $2,764,918
-
28 · Net assets with donor restrictions
beginning of year $24,600,277 · end of year $24,138,728
Mission and programs · 2023
Mission
TO CULTIVATE, RECEIVE, INVEST AND MANAGE PHILANTHROPIC RESOURCES THAT SUPPORT EXCEPTIONAL OPPORTUNITIES FOR THE UNIVERSITY OF WISCONSIN-SUPERIOR, ITS STUDENTS, EMPLOYEES, PROGRAMS AND FACILITIES.
-
STUDENT FINANCIAL AID, INCLUDING SCHOLARSHIP AWARDS, MAINTENANCE OF LOAN FUNDS, AND OTHER STUDENT SUPPORT FOR THE UNIVERSITY.
Expenses $1,038,712 · Grants $1,038,712
-
SUPPORT OF INSTRUCTIONAL AND INSTITUTIONAL PROGRAMS OF THE UNIVERSITY.
Expenses $3,459,790 · Grants $792,428 · Revenue $35,867
As filed on the 2023 return.
Listed in Part VII
-
Jim TomczakJIM TOMCZAK
LAST PAST PR
- Total calculated
- $0
- Hours/week
- 1
-
Oddi HjellbakkODDI HJELLBAKK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
David AslynDAVID ASLYN
PRESIDENT-EL
- Total calculated
- $0
- Hours/week
- 1
-
Chad MatushakCHAD MATUSHAK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Matt TeneyckMATT TENEYCK
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jeff AndersonJEFF ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sudarshan ChoudhurySUDARSHAN CHOUDHURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard EisenmannRICHARD EISENMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug EversonDOUG EVERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stefan FletcherSTEFAN FLETCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David GraichenDAVID GRAICHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg GreyGREG GREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Harold MattsonHAROLD MATTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry MattsonTERRY MATTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah OlsonDEBORAH OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Connie Horyza PetersonCONNIE HORYZA PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Estelle RochmanESTELLE ROCHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Avram SegallAVRAM SEGALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nanguneri SumathiNANGUNERI SUMATHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne ThompsonJEANNE THOMPSON
EXECUTIVE DI
- Total calculated
- $167,486
- From this org
- $0
- From related orgs
- $147,114
- Other
- $20,372
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- not reported + $147,114 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $11,454 related
- Nontaxable benefits
- not reported + $8,918 related
- Filer's total
- not reported + $167,486 related
-
Scott WallinSCOTT WALLIN
ACCOUNTANT
- Total calculated
- $0
- Hours/week
- 15
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
UNIVERSITY OF WISCONSIN - SUPERIOR
$779,428
INSTITUTIONAL SUPP.
-
$13,000
SUPPORT UWS ALUMNI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 December 2024
- IRS schema version
- 2023v6.0
- Source object
- 202540179349300829
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