The National W Club Inc is located in Madison, WI. As of 06/2016, National W Club Inc employed 7 individuals. National W Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NATIONAL "W" CLUB IS TO NURTURE THE LEGACY, TRADITION AND VALUES THAT COME FROM PARTICIPATION IN INTERCOLLEGIATE ATHLETICS, AND TO DELIVER SERVICES THAT ENHANCE LETTERWINNERS LIVES THROUGH CONNECTIONS TO EACH OTHER, BADGER ATHLETICS, THE UNIVERSITY OF WISCONSIN AND BADGER NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE W CLUB WAS ESTABLISHED IN 1949 AND SET THE BENCHMARK ON LETTERMEN ASSOCIATIONS. WHAT STARTED AS A SMALL ALUMNI GROUP HAS BECOME AN ORGANIZATION WITH A DIVERSE MEMBERSHIP BASE OF OVER 11,407 LETTERWINNERS REPRESENTING ATHLETES FROM THIRTY-SIX DIFFERENT SPORTS DATING BACK TO 1895. THE W CLUB IS COMPRISED OF INDIVIDUALS WHO HAVE EARNED THE UNIVERSITY'S VARSITY ATHLETIC INSIGNIA "W" FOR THEIR ATHLETIC OR TEAM INVOLVEMENT OR WHO HAVE BEEN NAMED AS HONORARY MEMBERS FOR THEIR SUPPORT SERVICES.WITH A GREAT SENSE OF LEGACY AND PRIDE, THE W CLUB FOCUSES ON PROVIDING OPPORTUNITIES FOR MEMBERS TO STAY CONNECTED TO FORMER TEAMMATES, THE SCHOOL AND THE HERITAGE OF BEING A FORMER BADGER ATHLETE. IT IS JUST NOT WHAT OR WHY WE DO THINGS BUT IN WHAT SPIRIT WE APPROACH OUR MISSION. THERE ARE THREE CORE PRINCIPLES OF SERVICE THAT MEMBER'S VALUE IN THE W CLUB.BUILDING RELATIONSHIPS (PEOPLE):WE CELEBRATE OUR ATHLETES WORKING AS A TEAM AND AS INDIVIDUALS. WE ARE PART OF A GREATER COMMUNITY AND ARE BETTER FOR THIS. WE SUPPORT AND NURTURE ONE AND ANOTHER IN LIFE JUST AS WE DID AS TEAMMATES. WE ARE THANKFUL AND CELEBRATE OUR TIME TOGETHER. WE WANT TO SEE THE NEXT GENERATION BE SUCCESSFUL AND LEARN FROM THOSE THAT HAVE COME BEFORE.BUILDING A LEGACY FOR LIFE (PRIDE): WE TAKE PRIDE IN THE HERITAGE AND TRADITIONS OF OUR ATHLETES AND UNIVERSITY. WE RECOGNIZE THE GREAT SACRIFICES AND TIME INVESTED BY MANY FOR OUR ATHLETES TO BE VARSITY LETTERWINNERS. WE VALUE BEING PART OF A GREAT INSTITUTION UW-MADISON.BUILDING CHARACTER (PURPOSE): WE PARTICIPATE IN ATHLETICS NOT JUST FOR THE SPORT BUT FOR THE VALUES IT INSTILLS IN US, THE CHALLENGES WE OVERCOME, THE OPPORTUNITY TO BE SOMETHING BETTER THAN WHEN WE STARTED. AS W CLUB LETTERWINNERS WE UNDERSTAND OUR LEGACY CONTINUES AS MUCH BY WHAT WE DO WHEN WE LEAVE THE PLAYING FIELD AS WHEN WE WERE ON IT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Belter Director | Trustee | 1 | $0 |
David Braun Director | Trustee | 1 | $0 |
Jeff Femrite Director | Trustee | 1 | $0 |
Bill Ferrario Director | Trustee | 1 | $0 |
Chris Ghidorzi Director | Trustee | 1 | $0 |
Jen Hussin Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $19,675 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,780 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,455 |
Total Program Service Revenue | $106,264 |
Investment income | $43,196 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$13,475 |
Net Income from Fundraising Events | -$66,677 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $90,767 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $83,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $46,041 |
Compensation of current officers, directors, key employees. | $46,041 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $62,227 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,239 |
Payroll taxes | $17,486 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,025 |
Fees for services: Accounting | $34,402 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,426 |
Fees for services: Other | $49,607 |
Advertising and promotion | $0 |
Office expenses | $9,896 |
Information technology | $5,358 |
Royalties | $0 |
Occupancy | $2,568 |
Travel | $1,757 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,480 |
Interest | $19 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,792 |
Insurance | $11,212 |
All other expenses | $16,111 |
Total functional expenses | $984,376 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |