Wisconsin Livestock Identification Consortium Inc.

“The organization contracts with Agsource Cooperative Services to lease employees. One of the leased employees is contracted out as the Executive Director of the organization. This person is not an officer, director, or key employee of Agsource Cooperative Services. Patrick Fitzgibbons's compensation as Executive Director is as follows: Reportable compensation $48,000 Estimated amount of other compensation $0”

“The prepared Form 990 is reviewed by the directors of the governing body before the return is filed with the Internal Revenue Service.”

“No contract or other transaction between the corporation and a director, or any entity in which a director is a director or officer or has a material financial interest, is void or voidable because of the relationship or interest or because the director is present at the meeting of the Board of Directors or a committee that authorizes, approves or ratifies the contract or transaction or because the director's vote is counted for that purpose, if either of the following applies: a) the relationship or interest is disclosed or known to the Board of Directors or committee that authorizes, approves or ratifies the contract or transaction and the contract or transaction was authorized, approved or ratified by a vote or consent sufficient for the purpose without counting the votes or consents of interested directors; or b) the contract or transaction is fair and reasonable to the corporation.”

“The directors of the governing body use a compensation analysis provided by an independent human resources consulting firm to determine the compensation of the Executive Director. This process was last undertaken in 2012.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Contracted Services: Program service expenses 26,138. Management and general expenses 26,138. Fundraising expenses 0. Total expenses 52,276.”