Madison West Kiwanis Foundation Inc.

“Copy of the tax return was e-mailed to the officers of the organization for their review.”

“The conflict of interest policy is covered annually at a board of trustees meeting.”

“N/a. The board members and officers do not receive any compensation from the organization.”

“Available for public inspection upon request.”

“Bruce hoehne - 654 old timber pass, verona, wi 53593. Jim wiederhoeft - 1737 beach rd, verona, wi 53593. Chuck stumpf - 413 samuel dr, madison, wi 53717. Virgil jurrens - 301 walnut grove dr, madison, wi 53717. Bonnie bruce - 14 quail ridge dr, madison, wi 53717. Randall grobe - 3404 circle close, madison, wi 53705. George shook - 8920 blackhawk rd, middleton, wi 53562. Robert cropp - 949 johnson ave, oregon, wi 53575. Brian martin - 4636 jordan dr, mcfarland, wi 53558.”

“The entity uses a "modified cash basis" form of accounting. All receipts and expenses are reported using the cash basis methodology, with two exceptions. The two non-cash basis items reflect increases in the value of the investments and depreciation of fixed assets on the books. The gain or loss in the value of the held investments is recorded with the resulting adjustment to the balance sheet investment accounts and the corresponding various fund balance accounts, the organizaton does also carry the christmas pageant stage cost on its books as a long-term fixed asset. It depreciates this item at $1,000 a year which it feels represents the approximate useful life of the stage upgrade at about 10 years.”