Wisconsin Administrative Code
Department of Administration
Chapter Adm 83 - Woman-owned business certification program
Section Adm 83.96 - Certification criteria for a for-profit corporation owned by a nonprofit organization
Universal Citation: WI Admin Code § Adm 83.96
Current through February 24, 2025
(1) The department may certify a for-profit corporation owned by a nonprofit organization if the department determines that the nonprofit organization is woman-controlled and managed. Factors that the department may consider in reaching this determination include, but are not limited to, the following:
(a) At least 51%
of the members who may elect the board of directors or trustees and who are
entitled to vote on a dissolution of the nonprofit organization are
women.
(b) At least 51% of the
board of directors or trustees of the nonprofit organization are
women.
(c) The minutes of the
organization's meetings document the active control and participation of the
women members of the board in such areas as setting and monitoring financial
policy, personnel policy and program policy.
(d) The nonprofit organization is independent
of control or substantial influence by a male-owned nonprofit or for-profit
organization. The department shall refutably presume that the nonprofit
woman-owned organization is dependent on a male-owned organization if the
woman-owned organization shares office space, staff, equipment, or other
resources, with a male-owned for-profit or nonprofit organization or if the
woman-owned organization receives a majority of its funding from a single
male-owned organization.
(2) The applicant and department shall follow the certification procedures described in s. Adm 83.50.
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