Wbd Inc.

“The chief executive officer of wisconsin business development finance corporation, joseph wolfe, is a brother of wisconsin business development service company, llc's chief credit officer, thomas wolfe.”

“The organization has members. There are no more than 55 voting members. The remaining members are associate or lifetime members. Associate or lifetime members are non-voting members.”

“The voting members elect the board of directors of the organization.”

“A draft of form 990 is reviewed by the executive vice president & coo and a final draft of form 990 will be provided to all members of the audit committee for approval. Notice will be provided to all board members of completion of the form 990. It will be posted to the secure portion of the organization's website.”

“Employee signed acknowledgments stating understanding of the policy are collected annually. Board and committee members abstain from voting on an issue if there is a conflict or perceived conflict. Sba regulatory compliance require the organization to report conflicts of interest. Board members respond to a survey that inquires about other board participation and involvement. Those board responses are reviewed to assure policy compliance.”

“The board of directors are responsible for setting the compensation of the president and chief executive officer. A bi-annual market survey is conducted through use of a labor consultant and used when reviewing executive compensation. The compensation of the other members of the executive management team is reviewed and set by the president and chief executive officer. The board, through approval of the overall operating budget, reviews and approves compensation and bonus payments.”

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

“Change in noncontrolling interest in subsidiary -32,818. Equity contribution -200,000. To remove net assets of consolidated entities not included in this return -242,593.”