2024-10-23T13:14:27-05:00 2024-06-30 921841583 CORE CPAS PC 747 N BURLINGTON AVE STE 401 HASTINGS NE 689014479 990 2023-07-01 470728813 CENTRAL COMMUNITY COLLEGE FOUNDATION IN CENT 4024602152 201 FOUNDATION PL STE 200 200 HASTINGS NE 689014014 JEFF ANDERSON PRESIDENT 4024602152 2024-10-15 1 1 JAKE KLABENES CPA P01084019 4024624154 2024-10-10 2023 2024-10-15 13:58:12Z JEFF ANDERSON 1213 LAKERIDGE DR HASTINGS NE 68901 5904550 0 X WWW.CCCNEB.EDU/FOUNDATION X 1989 NE PROVIDE MONETARY AND ADVISORY SUPPORT FOR CENTRAL COMMUNITY COLLEGE 15 15 0 15 0 0 3471889 3455407 0 0 620192 871426 54632 43169 4146713 4370002 1865281 2439399 0 0 0 0 0 0 95669 669946 591415 2535227 3030814 1611486 1339188 20925143 23139981 836345 823444 20088798 22316537 THE FOUNDATION'S MISSION IS TO ADVANCE OPPORTUNITIES FOR QUALITY EDUCATIONAL SERVICES IN NEBRASKA-BASED INSTITUTIONS. 0 0 794913 794913 SCHOLARSHIPS PROVIDED - THE FOUNDATION WAS ABLE TO PROVIDE $794,913 OF SCHOLARSHIPS TO STUDENTS ATTENDING CENTRAL COMMUNITY COLLEGE DURING THE FISCAL YEAR ENDED JUNE 30, 2024. 1644486 1644486 PROGRAM AND ACTIVITY SUPPORT - $1,538,557 WAS TRANSFERRED TO CENTRAL COMMUNITY COLLEGE FOR GRANTS. $75,500 WAS TRANSFERRED TO VARIOUS OTHER NEBRASKA COMMUNITY COLLEGES FOR PROGRAM SUPPORT DURING THE FISCAL YEAR ENDED JUNE 30, 2024. IN ADDITION, $30,429 OF DONATED EQUIPMENT AND SUPPLIES WERE ALSO TRANSFERRED TO CENTRAL COMMUNITY COLLEGE TO ASSIST IN VARIOUS PROGRAM ACTIVITIES. 2439399 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SHARON LISKE 3083987577 201 FOUNDATION PL STE 200 HASTINGS NE 68901 JACK SCHREINER DIRECTOR 0.50 X 0 0 0 GALE BEIROW DIRECTOR 0.50 X 0 0 0 KEVIN BROSTROM DIRECTOR 0.50 X 0 0 0 JAY TROFHOLZ VICE PRESIDENT 0.50 X X 0 0 0 TERRY MILLARD DIRECTOR 0.50 X 0 0 0 QUELBIN IZAGUIRRE DIRECTOR 0.50 X 0 0 0 LYNNE WERNER DIRECTOR 0.50 X 0 0 0 JEANNE SCHIEFFER DIRECTOR 0.50 X 0 0 0 BETH BOESCH DIRECTOR 0.50 X 0 0 0 RAY O'CONNOR SECRETARY 0.50 X X 0 0 0 JON ABEGGLEN DIRECTOR 0.50 X 0 0 0 JEFF ANDERSON PRESIDENT 0.50 X X 0 0 0 DAVE POHLMANN DIRECTOR 0.50 X 0 0 0 JUSTIN PFENNING DIRECTOR 0.50 X 0 0 0 JESSE TROTTER DIRECTOR 0.50 X 0 0 0 SHARON LISKE TREASURER/FINANCIAL CONTRO 40.00 X 0 0 0 TRACI SKALBERG EXECUTIVE DIRECTOR 40.00 X 0 120727 0 0 120727 0 0 0 0 0 0 141400 3314007 35489 3455407 597334 597334 1720636 1446544 274092 274092 274092 60155 141400 88004 -27849 -27849 MISCELLANEOUS 611710 71018 71018 71018 4370002 71018 0 843577 1644486 1644486 794913 794913 50745 50289 456 97895 97745 150 4930 4930 34901 33850 1051 18105 18105 REIMBURSEMENTS TO COLLE 99037 99037 MISCELLANEOUS 98519 10515 88004 INVESTMENT ADVISOR FEES 64209 64209 OPERATING AND SUPPLY EX 52721 52156 565 70353 64910 5443 3030814 2439399 495746 95669 1204559 6520786 954907 1173633 2591517 2128832 1835 213 57748 84900 738595 144667 612031 593928 14794122 11983268 1614 1119 579927 616285 126883 37017 20925143 23139981 1980 679 6000 7000 328365 315765 500000 500000 836345 823444 X -528634 3270859 20617432 19045678 20088798 22316537 20925143 23139981 1339188 888551 0 X 0 1 X 0 0 X 4127392 2841211 2287859 3388338 3367403 16012203 4127392 2841211 2287859 3388338 3367403 16012203 16012203 272845 196007 278372 438918 597334 1783476 34675 94781 173691 54632 43169 400948 18196627 0.88000 0.89250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11131230 640272 1406990 37441 63032 13078019 9836721 421442 973385 43057 57261 11131230 11292821 196649 -1552145 38166 62438 9836721 8713744 191000 2482127 37828 56222 11292821 8443321 63650 295621 39058 49790 8713744 0 0 53031 53031 650939 110042 540897 34625 34625 0 593928 CCC KEARNEY MAJOR GIFTS CAMPAIGN 500000 500000 X 5828645 888553 570090 1458643 4370002 0 4370002 3699941 669127 669127 3030814 0 3030814 PART III, LINE 4: IN 2015 THE FOUNDATION ACQUIRED ARTWORK THROUGH AN INDIVIDUAL ESTATE. THE ARTWORK IS PARTIALLY HELD IN STORAGE AND PARTIALLY DISPLAYED AT THE CENTRAL COMMUNITY COLLEGE CAMPUS IN COLUMBUS, NE, FOR THE BENEFIT OF THE VISUAL ARTS DEPARTMENT. HOWEVER, THE FOUNDATION BELEIVES THE ARTWORK DOES NOT MEET THE DEFINITION OF A COLLECTION AS DEFINDED IN ASC 958. PART V, LINE 4: THE CURRENT ENDOWMENT FUNDS HAVE BEEN ESTABLISHED TO PROVIDE SCHOLARSHIPS AND OPERATING FUNDING FROM THE INVESTMENT EARNINGS OF THESE ENDOWMENTS. PART X, LINE 2: IN ACCORDANCE WITH FASB INTERPRETATION NO. 48, THE FOUNDATION HAS REVIEWED FOR ANY "UNCERTAIN TAX POSITIONS" TAKEN. BASED ON THEIR REVIEW, THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT HAVE BEEN TAKEN OR TO BE TAKEN BY THE FOUNDATION OF WHICH THEY ARE AWARE. FORM 990, PART IV, LINE 11F: FOOTNOTE FOR UNCERTAIN TAX POSITIONS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. THE FOUNDATION'S POLICY IS TO INCLUDE PENALTIES AND INTEREST ASSOCIATED WITH INCOME TAXES AS INCOME TAX EXPENSE AND INTEREST EXPENSE RESPECTIVELY. THE FOUNDATION DID NOT INCUR ANY PENALTIES OR INTEREST ON INCOME TAXES FOR THE PERIODS BEING REPORTED. ANNUAL LUNCHEONS 8550 150 8400 5354 GOLF TOURNAMENTS 193005 141250 51755 2000 3900 76750 201555 141400 60155 2000 3900 82104 88004 -27849 1 CENTRAL COMMUNITY COLLEGE PO BOX 4903 GRAND ISLAND NE 688024903 470494188 170(B)(1)(A)(IV) 1614057 30429 FMV EQUIPMENT AND SUPPLIES SUPPORT OF COLLEGE PROGRAMS AND ACTIVITIES SCHOLARSHIPS 611 794913 PART I, LINE 2 DONATIONS FOR SCHOLARSHIPS ARE PROCESSED BY THE FOUNDATION. THEY CAN BE COMPRISED OF UNRESTRICTED OR RESTRICTED TO A SPECIFIC PROGRAM. IN ADDITION, THE FOUNDATION GENERATES SCHOLARSHIPS FROM THEIR OWN ASSETS. THE FOUNDATION SCHOLARSHIP RECIPIENTS ARE SELECTED BY AN APPLICATION PROCESS THROUGH A SCHOLARSHIP COMMITTEE COMPRISED OF THE FINANCIAL AID DIRECTORS FROM THE VARIOUS COLLEGE CAMPUSES, ALONG WITH TWO PERSONS FROM THE FOUNDATION OFFICE, INCLUDING THE EXECUTIVE DIRECTOR. THE SCHOLARSHIP APPLICATIONS ARE SCORED ON A SCALE OF 1-10 IN FIVE CATEGORIES; APPLICATION PACKET, ACADEMIC ACHIEVEMENT, REFERENCES, PERSONAL STATEMENT, AND OTHER ACTIVITIES. THE SCORES OF THE APPLICATIONS ARE THEN AVERAGED AND AWARDED BASED UPON RANKING AND/OR CRITIERIA WITHIN RESPECTIVE ENDOWED SCHOLARSHIP FUNDS. X 0 0 0 0 0 0 0 0 0 X EQUIPMENT 8 30429 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS ADOPTED A CONFLICT OF INTEREST POLICY WHEREBY ALL OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AND KEY EMPLOYEES WILL REVIEW THE POLICY UPON INITIALLY ASSOCIATING WITH THE FOUNDATION, AND ANNUALLY AT THE JUNE BOARD MEETING THEREAFTER. A STATEMENT IDENTIFYING ANY CONFLICTS, OR POTENTIAL CONFLICTS, WILL THEN BE COMPLETED AND REVIEWED BY THE BOARD OF DIRECTORS AND APPROPRIATE ACTION TAKEN TO RESOLVE OR MONITOR THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION HAS ADOPTED A POLICY WHEREBY THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES SHALL BE DETERMINED ANNUALLY BY EVALUATION OF SAID EMPLOYEES'PERFORMANCE AND REVIEW OF DATA REGARDING PERSONS HOLDING COMPARABLE POSITIONS IN OTHER ORGANIZATIONS PROVIDING SIMILAR SERVICES. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION, AS WELL AS THE PRESIDENT OF CENTRAL COMMUNITY COLLEGE, AND BROUGHT TO THE BOARD OF DIRECTORS FOR APPROVAL. SUCH REVIEW AND DELIBERATIONS ARE DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT AT THE FOUNDATION'S BUSINESS OFFICE AND ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. CENTRAL COMMUNITY COLLEGE PO BOX 4903 GRAND ISLAND NE 688024903 470494188 EDUCATIONAL INSTITUTION NE 501(C)(3) 170(B)(1)(A)(II) N/A 0 WARREN AND VELDA WILSON FOUNDATION 201 FOUNDATION PL HASTINGS NE 689014014 470741012 CHARITY AND PROVIDE SCHOLARSHIPS NE 501(C)(3) 509(A)(3) TYPE I CENTRAL COMMUNITY COLLEGE FOUNDATION 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 CENTRAL COMMUNITY COLLEGE P 99037 COST CENTRAL COMMUNITY COLLEGE B 1614057 COST CENTRAL COMMUNITY COLLEGE R 30429 FMV WARREN AND VELDA WILSON FOUNDATION L 58229 COST