Kurt's Resume
Kurtis D. Welton
1836 Keyes Avenue
Madison, WI 53711
(608) 251-0188 or (608) 628-6143
www.psalm40.org
www.buildtosuit.com
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WORK EXPERIENCE
March 1999 to Present - President & Treasurer
I. Administrative Functions
A. Manage employees including:
i) Hiring and Firing Decisions
ii) Create and Maintain Job Descriptions
iii) Resolve Disputes between Employees
iv) Be a Sounding Board for Complaints
B. Manage all aspects of the banking relationships including:
i) Loan refinancings
ii) Obtaining new loans for construction, development and lines of credit
iii) Monthly reviews of Operating Statements and Balance Sheets for 7 Entities
iv) Establishing and maintaining 15 Checking and Cash Management Accounts
iv) Obtaining Appraisals, Environmental Audits, Surveys, Title Work, etc.
C. Prepare Agendas and Run Weekly Staff meetings
D. Prepare Ken Welton's Personal Financial Statement
E. Coordinate the Development and Implementation of Strategic Plans
F. Encourage and Facilitate Continuing Education for all Staff
G. Provide for Ongoing Motivational Efforts
II. Accounting
A. Plan for Day-to-Day cash needs & future cash needs
B. Coordination of Tax Planning Issues and Audits
C. Handle accounting and tax related correspondence
D. Review and Approve all Financial Statements for:
WFLP, WPLLC, WEI, WHI, 3PP PLUS, NEW WEI LLC,
HyCite/Welton, LLC, WILP, WE I, LLC and Kenneth R. Welton
E. Coordinate Preparation of Operating Budgets for all Improved Properties and 9 Operating Entities
III. Development Activities
A. Structure and Assist in creating acceptable terms and conditions for deals
B. "Relationship building" with customers, clients, and business partners
C. Manage work product of "third-party" builders
D. Assist with construction accounting functions
E. Process loan requests for the banks
F. Draft Responses to RFP's
G. Manage client contact from response to completion
H. Handle hard and soft cost budgeting
I. Prepare project Proforma's
IV. Asset Management
A. Review of contracts, bids, legal documents, etc.
B. Discuss Strategy on various issues
C. Review and Approval of Credit Risks
D. Discussion and Approval of Large Deal Parameters
i) Rent, SF, Term, Tenant Improvements, Other pertinent aspects of the deal
E. Manage Follow through and Oversee Project Management of build-outs, etc.
F. Evaluation of Process upon completion.
V. Miscellaneous
A. Continuing to perform most of the functions of former "Manager, Special Projects" position below.
I. Returned to Welton Enterprises, Inc. to rezone, subdivide and lease-up a
55,000 sq. ft. industrial/manufacturing building on 7 acres on the NorthEast
side of Madison.
II. Coordinated the marketing and sale of the 7,000+ sq.ft.
home of the Chairman of the Board, including the surveying, subdivision and annexation of land into the City of Madison.
III. Research and write executive summaries for industrial, retail, and residential land developments (including market value lot price analyses and Tax Incremental Financing Districts implications), and Economic Outlook Seminars.
IV. Prepare drafts and finished copies of persuasive texts for accomplishing various goals, create cash flow analysis spreadsheets for potential projects, and prepare the operating budgets for dozens of existing entities.
V. Write deed restrictions, restrictive covenants, and cross-easement language as necessary for ongoing developments.
VI. Prepared comprehensive Vacancy Reports and Lease Summary analysis for over 200 tenants monthly and coordinate the negotiations of Purchase Contracts for vacant land parcels between Owners, Attorneys, Brokers, and Buyers.
VII. Negotiate agreements with City, Town, County, and State Engineers, Planners, Attorneys, Politicians, Bureaucrats, and Citizens in Middleton, Burke, Fitchburg, and Madison on land developments, annexations, plats and rezonings.
VIII. I author, produce the graphics for, and write the HTML and Java scripts and source code for Welton Enterprises, Inc. website on the Internet and update the website as needed.
Independent Sales
Worked as a Sales Associate with Independent Contractor status.
In my last full year I negotiated and closed over 20 "sides" with
a volume of over $4.3 million putting me among the top 10 sales
associates in the entire company. My sales over the 5 year period
I worked at Stark included the sale of residential income
properties, commercial/industrial land and buildings, farms and
farmlands, many single family homes and buildable lots (including waterfront
properties), operating businesses, restaurants, and more.
Business Administration
Handled all administrative functions from the inception of the company in April of '87; including setting up files, the bookkeeping system, hiring and training bookkeepers and front office personnel. As Treasurer I routed and/or approved all invoices, prepared the monthly financial statements for all projects, and coordinated the preparation of all quarterly and
annual tax statements.
Asset Management
My Property Management activities included initiation of all leasing
negotiations, space layout and design, supervision of tenant
buildout and/or remodeling, and coordination of all support
services (janitorial, grounds upkeep, etc.). Also I coordinated the
resolution of tenant complaints, relocations, and expansions.
I was responsible for the preparation and handling of invoices,
construction pay requests, and lien waivers. My Development
activities included using custom designed (by myself) spreadsheets
(Lotus 1-2-3) for feasibility and sensitivity analysis of land
acquisitions, annexations, and developments. I created Proforma
budgets (both capital and operational) for various speculative and
build to suit projects. I negotiated with builders and
architects in the design and construction of professional office
facilities, and worked with city and other government officials
for the approval of same. Finally I oversaw the construction management and
buildout of same. Simultaneously with the above I handled the
leasing negotiations and sales of these same projects.
Sales and Marketing
My Brokerage activities included listing commercial real estate,
negotiating offers, preparing closing statements, and coordinating
other marketing efforts. Other marketing efforts included
research and recommendation on the use of advertising media
including local newspapers, magazines, radio and television.
I handled the production of collateral sales materials (maps, plats,
brochures, price lists, etc.), audio and visual sales aids for trade
shows, copywriting for advertisements, and sales letters and
programs for all developments.
EXECUTIVE MANAGEMENT, INC.
December 1983 to April 1987
I developed an in-house capability for spreadsheet feasibility
and sensitivity analysis of various projects resulting in
the syndication of a shopping center, the development of
an office park, and the development of a former drive-in
movie theater. I also performed most of the asset management,
sales, and marketing tasks outlined above.
LAKE CITY MANAGEMENT, INC.
May 1982 to October 1986
I was Resident Manager of a 150 unit apartment complex in Downtown Madison. I was responsible for showing property, soliciting applications for
leases, maintaining common areas and maintaining tenant relations. I assisted in the coordination of a major remodeling and rehab of the kitchen and balcony areas of all 150 units as well as ongoing minor maintenance work. As needed I updated the building directories, reprogrammed visitor phone security systems, collected and deposited rents, and prepared work orders for major ongoing maintenance and repair work.
CONTINUING EDUCATION ("Keeping the Saw Sharp")
Lorman Education Services/Wickwire Gavin, P.C.- Construction Management and Design-Build Issues and Practices
UW-Madison College of Engineering - Detecting Deficiencies in Working Drawings and Specifications
Small Business Development Center - UW-Madison - Applied Problem Solving & Decision Making
Small Business Development Center - UW-Madison - High Performance Negotiation
Center for Organizational Effectiveness @ UW-Madison - Leadership Essentials and Performance Coaching
Small Business Seminar Series of BSC&F - Enhancing Executive Compensation and Benefits
Small Business Development Center @ University of Wisconsin - Financial Management Techniques
David MacLatchy - Successful Project Management
Earned the G.R.I. award of the N.A.R.
CCIM Course 100 - Marketing and Leasing Techniques for Commercial Properties
Dunn & Bradstreet - Managing Multiple Priorities
Career Track - How to Deal with Difficult People
SkilPath - Advanced Telephone Techniques
and many more. . . .
FORMAL EDUCATION
1979-1983 -- Graduate University of Wisconsin - Madison School of Business - B.B.A. in Real Estate and Urban Land Economics "The
Graaskamp Program" with a four year cumulative GPA of over 3.2
1977 - 1978 -- I graduated #1 in the self-paced training curriculum of the United States Army Signal School in Ft. Gordon, GA (C.O.B.E.T.).
1972-1976 -- Madison West Senior High School. Graduated in the
top 10% in a class of over 650 seniors.
ACTIVITIES
Former Madison Breakfast Rotary Club Charter Member and President of the Club in 1989-90. Club Historian and Chaplain. Past Secretary, Board Member for 8 years, and Paul Harris Fellow. Membership Committee Chairman from 1990-94 during which time the club grew from 30 members to over 57 members. District 6250 Membership Growth Committee Chairman 1995-97, member of the District 6250 Computer Resources Committee 1996, District 6250 1995-96 Conference Sergeant at Arms Committee Chairman, Webmaster for the 1996-97 Presidents Elect Training Seminar Committee of Districts 6250, 6220, and 6270. Member of the 1997-98 District 6250 Public Affairs Committee.
Former Webmaster for the Madison Diocese Website.
Appointed a member of the Board of Education of the Diocese of Madison by the Most Reverend Bishop William H. Bullock to a 3 Year term until June 30, 2000, re-appointed until 2003. Elected by the Board to the office of Secretary for 1998-99, Vice President for 2001-2002, and President for 2002-2003. Undeservedly awarded the Pro Ecclesia Et Pontifice medal in October 2000 by His Supreme Pontiff Pope John Paul II.
Lector from 1974 to 1989.
High School Catechist from 1981 to 2009.
Lector and Cantor from 1989 to the Present.
Volunteer for Interfaith Hospitality Network and Luke House from 1998 to present.
Presider at Word and Communion Services from 2001 to 2004.
Lector and Acolyte, from 2001 until it burned down.
GREATER MADISON BOARD OF REALTORS
Member from 1983 to 1995. Served on the Governmental Affairs, R.P.A.C, Professional Standards and Arbitration Committees as a member.
MADISON COMMERCIAL BROKERS GROUP
Member from 1992 to the Present.
THE REAL ESTATE CYBERSPACE SOCIETY
Advisory Board Member - 1996-1998
THE STATE OF WISCONSIN
Notary Public - March 1998 to March 2010.
PERSONAL
Born and raised in Madison, WI.
Married since 1982 to Maria.
Five blessed children so far: Carmen, Sophia, James, John, and Grace.
Two holy Godsons: Christopher Ament, and Jaime Anibal Hernández Martínez
I enjoy reading, praying, playing guitar, martial arts (I have earned a Black belt in Tae Kwon Do - Jung Do Kwan Style), tennis, diving & swimming, languages, climbing mountains and bungee jumping.
Kurt and this site are under eternal construction!
Last updated 9-26-2010.
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Thank you for stopping by and please visit again in the future, and God bless you.