Form 990 for tax year 2023
Filed by WISCONSIN MANUFACTURERS AND COMMERCE INC.
Totals
- Total revenue
- $5,702,877
- Total expenses
- $4,719,010
- Contributions and grants received
- $507,625
- Grants paid
- $7,950
- Program service revenue
- $4,656,953
- Investment income
- $195,503
- Other revenue
- $342,796
- Total assets, end of year
- $7,257,623
- Total liabilities, end of year
- $3,561,284
- Net assets or fund balances, end of year
- $3,696,339
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
1e · Government grants (contributions)
$5,000
-
1f · All other contributions, gifts and grants
$502,625
-
2a · Program service revenue: MEMBERSHIP DUES
total $3,485,304 · related or exempt $3,485,304
-
2b · Program service revenue: CONFERENCES, SEMINARS, AND EVENTS
total $1,171,649 · related or exempt $1,171,649
-
3 · Investment income
total $189,983 · unrelated business $12,233 · excluded $177,750
-
7a · Gross sales of assets other than inventory
securities $1,279,754 · other assets $31,521
-
7b · Less cost or other basis and sales expenses
securities $1,301,051 · other assets $4,704
-
7c · Gain or loss
securities -$21,297 · other assets $26,817
-
7d · Net gain or loss
total $5,520 · excluded $5,520
-
10a · Gross sales of inventory
$26,977
-
10b · Cost of goods sold
$8,693
-
10c · Net income from sales of inventory
total $18,284 · unrelated business $18,284
-
11a · Other revenue: MANAGEMENT SERVICES
total $144,157 · excluded $144,157
-
11d · All other revenue
total $180,355 · excluded $180,355
-
11e · Other revenue, total
$324,512
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,950
-
5 · Compensation of officers, directors and key employees
total $1,381,968
-
7 · Other salaries and wages
total $1,180,008
-
8 · Pension plan contributions
total $99,365
-
9 · Other employee benefits
total $187,415
-
10 · Payroll taxes
total $165,110
-
11b · Fees: legal
total $92,164
-
11c · Fees: accounting
total $20,985
-
11f · Fees: investment management
total $23,227
-
11g · Fees: other
total $151,496
-
13 · Office expenses
total $185,639
-
16 · Occupancy
total $300,348
-
17 · Travel
total $53,161
-
19 · Conferences, conventions and meetings
total $703,098
-
20 · Interest
total $113
-
22 · Depreciation, depletion and amortization
total $88,820
-
23 · Insurance
total $31,895
-
24a · Other expenses: UNRELATED BUSINESS INCO
total $7,737
-
24e · All other expenses
total $38,511
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $401,495 · end of year $355,384
-
3 · Pledges and grants receivable
beginning of year $41,600 · end of year $40,000
-
4 · Accounts receivable
beginning of year $55,090 · end of year $71,859
-
8 · Inventories for sale or use
beginning of year $663 · end of year $8,508
-
9 · Prepaid expenses and deferred charges
beginning of year $130,386 · end of year $122,502
-
10a · Land, buildings and equipment: cost or other basis
$487,593
-
10b · Land, buildings and equipment: accumulated depreciation
$252,728
-
10c · Land, buildings and equipment, net
beginning of year $99,397 · end of year $234,865
-
11 · Investments: publicly traded securities
beginning of year $2,385,061 · end of year $2,748,256
-
12 · Investments: other securities
beginning of year $1,679,840 · end of year $2,776,307
-
15 · Other assets
beginning of year $744,650 · end of year $899,942
-
17 · Accounts payable and accrued expenses
beginning of year $473,925 · end of year $562,820
-
19 · Deferred revenue
beginning of year $2,070,520 · end of year $2,256,062
-
25 · Other liabilities
beginning of year $649,283 · end of year $742,402
-
27 · Net assets without donor restrictions
beginning of year $2,344,454 · end of year $3,696,339
Mission and programs · 2023
Mission
FOUNDED IN 1911, OUR MISSION IS TO MAKE WISCONSIN THE MOST COMPETITIVE STATE IN THE NATION TO DO BUSINESS. WE ARE WISCONSIN'S BUSINESS VOICE.
Activities or mission (Part I)
WISCONSIN MANUFACTURERS AND COMMERCE (WMC) IS ORGANIZED AS AN ASSOCIATION WHOSE PURPOSE IS TO MAKE WISCONSIN THE MOST COMPETITIVE STATE IN THE NATION IN WHICH TO DO BUSINESS. IT FOSTERS AND PROTECTS THE FREE ENTERPRISE SYSTEM TO ADVANCE THE BUSINESS AND EDUCATIONAL INTERESTS OF THE STATE OF WISCONSIN.
-
WMC'S GOVERNMENT RELATIONS TEAM OF LOBBYISTS ADVOCATES ON BEHALF OF MEMBERS TO THE LEGISLATIVE, EXECUTIVE, AND JUDICIAL BRANCHES OF WISCONSIN GOVERNMENT. WMC PROMOTES PASSAGE OF WMC PUBLIC POLICY AGENDA ESTABLISHED BY WMC'S GOVERNING BODY AND ADVOCATES ON OTHER POLICIES THAT COULD HAVE A POSITIVE OR NEGATIVE IMPACT ON WISCONSIN'S ECONOMIC COMPETITIVENESS, LEGAL CLIMATE, OR JUDICIAL SYSTEM. THE GOVERNMENT RELATIONS PROGRAM ALSO CONDUCTS RESEARCH IN SUPPORT OF OUR POLICY AGENDA AND COMMUNICATES WITH POLICYMAKERS, THE MEDIA, AND THE GENERAL PUBLIC ABOUT MAKING WISCONSIN THE MOST COMPETITIVE STATE IN THE NATION.
-
WISCONSIN SAFETY COUNCIL (WSC) IS THE STATE'S LEADING PROVIDER OF SAFETY TRAINING AND PRODUCTS, SERVING MEMBERS OF ALL SIZES AND EVERY SECTOR OF THE ECONOMY. WSC PROVIDES SCHEDULED TRAINING PROGRAMS ACROSS WISCONSIN IN ADDITION TO PRIVATE, CUSTOMIZED TRAINING FOR INDIVIDUAL COMPANIES. IT IS ALSO THE NUMBER ONE RESOURCE FOR SAFETY PRODUCTS RANGING FROM FIRST AID TRAINING MATERIALS TO EMERGENCY DEFIBRILLATORS. WSC IS THE OFFICIAL STATE CHAPTER OF THE NATIONAL SAFETY COUNCIL AND IS A PROUD PROGRAM OF WISCONSIN MANUFACTURERS & COMMERCE (WMC).
-
WMC'S MEMBERSHIP PROGRAM IS DEDICATED TO RETAINING EXISTING MEMBERS AND RECRUITING NEW MEMBERS IN SUPPORT OF THE WMC PUBLIC POLICY AGENDA AND OTHER ACTIVITIES. WMC'S MEMBERSHIP DEPARTMENT ASSISTS MEMBERS IN UNDERSTANDING GRASSROOTS STRATEGIES TO ADVANCE THE BUSINESS AGENDA AND HELPS COMMUNICATE HOW WMC'S ADVOCACY CREATES VALUE FOR MEMBER BUSINESSES.
-
WMC EVENTS - WMC HOSTS SEVERAL INFORMATIONAL SEMINARS AND EVENTS INCLUDING BUSINESS DAY AND A GOVERNMENT AFFAIRS CONFERENCE, EACH OF WHICH DEAL WITH A VARIETY OF TOPICS INCLUDING HEALTH CARE, ENVIRONMENT, ENERGY, TRANSPORTATION, TAXES, HUMAN RESOURCES, LEGAL REFORM, SMALL BUSINESS, AND OTHER ISSUES OF INTEREST TO THE BUSINESS COMMUNITY. WMC DIGITAL PUBLICATIONS - MORNING DIGEST, WMC'S DIGITAL PUBLICATION, PROVIDES MEMBERS WITH BUSINESS-FOCUSED UPDATES. DESIGNED TO HELP BUSINESS LEADERS, PUBLICATIONS REACH APPROXIMATELY 7,500 BUSINESS LEADERS AND CHAMBERS OF COMMERCE ACROSS WISCONSIN.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kurt BauerKURT BAUER
PRESIDENT/CEO
- Total calculated
- $571,014
- From this org
- $515,136
- From related orgs
- $0
- Other
- $55,878
- Hours/week
- 33.4 + 9.8 related
Schedule J breakdown matched by us
- Base
- $403,393
- Bonus
- $80,000
- Other
- $31,743
- Deferred
- $32,400
- Nontaxable benefits
- $23,478
- Filer's total
- $571,014
-
Michael NikolaiMICHAEL NIKOLAI
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher DreesCHRISTOPHER DREES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
David KrutzDAVID KRUTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel DefnetDANIEL DEFNET
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve LoehrSTEVE LOEHR
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.03 related
-
David AndersonDAVID ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.03 related
-
Becky BartoszekBECKY BARTOSZEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Kim BassettKIM BASSETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Natalie BellNATALIE BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Troy BergTROY BERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Gregory ClementGREGORY CLEMENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jeffrey CressmanJEFFREY CRESSMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Brad DenoyerBRAD DENOYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
David EckmannDAVID ECKMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Randy EppliRANDY EPPLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Elizabeth FilterELIZABETH FILTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
John FreismuthJOHN FREISMUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Robert GarvinROBERT GARVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Louis Gentine IILOUIS GENTINE II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Robert GerbitzROBERT GERBITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jane Blain GilbertsonJANE BLAIN GILBERTSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Andy HarmeningANDY HARMENING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
James HoffmanJAMES HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Todd KelseyTODD KELSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Todd KossTODD KOSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
James LeefJAMES LEEF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Troy LinkTROY LINK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Scott MayerSCOTT MAYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Tim MichelsTIM MICHELS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Rosalie MorganROSALIE MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
James OstromJAMES OSTROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Joseph PoehlingJOSEPH POEHLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jerry PritchettJERRY PRITCHETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Patrick RezinPATRICK REZIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Brent RidgeBRENT RIDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Karl SchmidtKARL SCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3 + 0.03 related
-
William SchultzWILLIAM SCHULTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Justin SmithJUSTIN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Louis Frederick StephanLOUIS FREDERICK STEPHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
S Mark TylerS MARK TYLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Robert WahlinROBERT WAHLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Willard WalkerWILLARD WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
George WhittierGEORGE WHITTIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Louis WysockiLOUIS WYSOCKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Daniel AriensDANIEL ARIENS
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03 + 0.03 related
-
Thomas BoldtTHOMAS BOLDT
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03 + 0.03 related
-
Robert KamphuisROBERT KAMPHUIS
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03 + 0.03 related
-
Rockne FlowersROCKNE FLOWERS
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03
-
Jay SmithJAY SMITH
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03 + 0.03 related
-
Arthur NesbittARTHUR NESBITT
EX-OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.03
-
Michael HamerlikMICHAEL HAMERLIK
DIRECTOR (THRU MARCH)
- Total calculated
- $0
- Hours/week
- 0.3
-
John PfeiferJOHN PFEIFER
DIRECTOR (THRU MARCH)
- Total calculated
- $0
- Hours/week
- 0.3
-
Rick ParksRICK PARKS
DIRECTOR (THRU JUNE)
- Total calculated
- $0
- Hours/week
- 0.3
-
Clarence Wayne SouthallCLARENCE WAYNE SOUTHALL
DIRECTOR (THRU OCT)
- Total calculated
- $0
- Hours/week
- 0.3
-
Suzanne KelleySUZANNE KELLEY
DIRECTOR (THRU MID-DEC)
- Total calculated
- $0
- Hours/week
- 0.3
-
Eric SaueyERIC SAUEY
DIRECTOR (THRU MID-DEC)
- Total calculated
- $0
- Hours/week
- 0.3
-
Scott ManleySCOTT MANLEY
EXECUTIVE VP, GOVERNMENT RELATIONS
- Total calculated
- $330,610
- From this org
- $276,874
- From related orgs
- $0
- Other
- $53,736
- Hours/week
- 33.8 + 9.3 related
Schedule J breakdown matched by us
- Base
- $191,682
- Bonus
- $55,000
- Other
- $30,192
- Deferred
- $30,258
- Nontaxable benefits
- $23,478
- Filer's total
- $330,610
-
Wade GoodsellWADE GOODSELL
COO & VP, MEMBERSHIP & PARTNERSHIPS
- Total calculated
- $291,065
- From this org
- $254,011
- From related orgs
- $0
- Other
- $37,054
- Hours/week
- 15 + 27.1 related
Schedule J breakdown matched by us
- Base
- $174,795
- Bonus
- $79,000
- Other
- $216
- Deferred
- $14,248
- Nontaxable benefits
- $22,806
- Filer's total
- $291,065
-
Kay KertzKAY KERTZ
VP, FINANCE & HUMAN RESOURCES
- Total calculated
- $189,279
- From this org
- $157,190
- From related orgs
- $0
- Other
- $32,089
- Hours/week
- 28.1 + 9.6 related
Schedule J breakdown matched by us
- Base
- $130,606
- Bonus
- $25,000
- Other
- $1,584
- Deferred
- $14,400
- Nontaxable benefits
- $17,689
- Filer's total
- $189,279
-
Nick NovakNICK NOVAK
VP, COMMUNICATIONS & MARKETING
- Total calculated
- $176,630
- From this org
- $142,298
- From related orgs
- $0
- Other
- $34,332
- Hours/week
- 31.9 + 6 related
Schedule J breakdown matched by us
- Base
- $114,147
- Bonus
- $27,500
- Other
- $651
- Deferred
- $8,853
- Nontaxable benefits
- $25,479
- Filer's total
- $176,630
-
Rachel Ver VeldeRACHEL VER VELDE
ASSOC VP OF GOVT RELATIONS & SR POLITICAL ADVISOR
- Total calculated
- $165,543
- From this org
- $135,693
- From related orgs
- $0
- Other
- $29,850
- Hours/week
- 36.4 + 1.7 related
Schedule J breakdown matched by us
- Base
- $125,033
- Bonus
- $10,000
- Other
- $660
- Deferred
- $7,044
- Nontaxable benefits
- $22,806
- Filer's total
- $165,543
-
Robert BakerROBERT BAKER
SENIOR DIRECTOR OF INSURANCE SERVICES
- Total calculated
- $137,581
- From this org
- $113,949
- From related orgs
- $0
- Other
- $23,632
- Hours/week
- 3.8 + 33.8 related
-
Evan UmpirEVAN UMPIR
DIRECTOR OF TAX, TRANSPORTATION & LEGAL AFFAIRS
- Total calculated
- $126,049
- From this org
- $112,187
- From related orgs
- $0
- Other
- $13,862
- Hours/week
- 37.5
-
Aaron HuebnerAARON HUEBNER
EXECUTIVE DIRECTOR OF WISCONSIN SAFETY COUNCIL
- Total calculated
- $130,108
- From this org
- $102,107
- From related orgs
- $0
- Other
- $28,001
- Hours/week
- 37.5
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 1A
- WISCONSIN MANUFACTURERS AND COMMERCE PROVIDES KURT BAUER AND SCOTT MANLEY WITH A MADISON CLUB MEMBERSHIP, WHICH IS NOT TREATED AS TAXABLE INCOME.
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SPONSORS AND CONDUCTS EDUCATIONAL PROGRAMS · WI · controlled entity
Directly controlled by WISCONSIN MANUFACTURERS AND COMMERCE INC
-
WMC ISSUES MOBILIZATION COUNCIL INC
501(C)(4) · PROMOTES THE SOCIAL WELFARE OF THE CITIZENS OF WISCONSIN · WI · controlled entity
Directly controlled by WISCONSIN MANUFACTURERS AND COMMERCE INC
-
WMC JOBS FUND
527 · POLITICAL ACTION · WI · controlled entity
Directly controlled by WISCONSIN MANUFACTURERS AND COMMERCE INC
-
501(C)(3) · FURTHER THE ECONOMIC DEVELOPMENT IN GREAT LAKES STATES · WI · controlled entity
Directly controlled by WISCONSIN MANUFACTURERS AND COMMERCE INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
WMC SERVICE CORPORATION
C · INSURANCE ADMINISTRATION · WI · 79% owned · share of income $465,310 · share of assets $335,865 · controlled entity
Directly controlled by WISCONSIN MANUFACTURERS AND COMMERCE INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412559349301861
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