INDEPENDENCE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENCE COMMUNITY COLLEGE FOUNDATION (EIN 48-0759236)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-02-04
IRS object ID
202240359349301004
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-04T08:23:50-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN481219802PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1YERKES & MICHELS CPA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 707AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationKSStateAbbreviationCd
ZIP673010707ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN480759236EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1INDEPENDENCE COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlINDEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 218AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationKSStateAbbreviationCd
ZIP67301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCOREY HUGOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6203312480PhoneNum
Signature2022-02-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCOREYPersonFirstNm
Person LastHUGOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEY OSBURN CPA MBAAPreparerPersonNm
PTINP00917225PTIN
Phone6203314600PhoneNum
Preparation2022-02-04PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCOREY HUGOPrincipalOfficerNm
Gross Receipts$390,100GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionINDEPENDENCE COMMUNITY COLLEGE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE SUPPORT TO THE INDEPENDENCE COMMUNITY COLLEGE AND ITS STUDENTS, WITH GRANTS AND SCHOLARSHIPS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$264,533PYContributionsGrantsAmt
CY Contributions Grants$272,412CYContributionsGrantsAmt
CY Program Service Revenue$40,545CYProgramServiceRevenueAmt
PY Investment Income$152,849PYInvestmentIncomeAmt
CY Investment Income-$7,742CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$417,382PYTotalRevenueAmt
CY Total Revenue$305,215CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$27,507CYTotalFundraisingExpenseAmt
PY Other Expenses$434,455PYOtherExpensesAmt
CY Other Expenses$489,065CYOtherExpensesAmt
PY Total Expenses$434,455PYTotalExpensesAmt
CY Total Expenses$489,065CYTotalExpensesAmt
PY Revenues Less Expenses-$17,073PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$183,850CYRevenuesLessExpensesAmt
Total Assets BOY$3,924,450TotalAssetsBOYAmt
Total Assets EOY$4,282,076TotalAssetsEOYAmt
Total Liabilities BOY$2,024TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,922,426NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,282,076NetAssetsOrFundBalancesEOYAmt
MissionINDEPENDENCE COMMUNITY COLLEGE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE SUPPORT TO THE INDEPENDENCE COMMUNITY COLLEGE AND ITS STUDENTS, WITH GRANTS AND SCHOLARSHIPS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$422,183ExpenseAmt
Revenue$40,454RevenueAmt
DescTHE FUNDS OF THE FOUNDATION ARE USED TO BENEFIT INDEPENDENCE COMMUNITY COLLEGE AND ITS STUDENTS. THE STUDENTS IN NEED OF FINANCIAL ASSISTANCE, WHILE ATTENDING ICC, RECEIVE GRANTS. SCHOLARSHIP AWARDS ARE BASED ON ACADEMIC ACHIEVEMENTS AND FINANCIAL NEED. AWARDS RANGE FORM 100.00 TO 600.00 PER SEMESTER.Desc
Total Program Service Expenses$422,183TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJANET TUCKERPersonNm
Phone6203313100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 218AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationKSStateAbbreviationCd
ZIP67301ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JERRY ALLISON
DIRECTORYes (X)$0$0$0
MARTHA ALLISON
DIRECTORYes (X)$0$0$0
ASHLEY BEURSKENS
DIRECTORYes (X)$0$0$0
ROD FROEBE
DIRECTORYes (X)$0$0$0
JEFFREY GETTLER
DIRECTORYes (X)$0$0$0
AMBER GREGORY
SECRETARYYes (X)$0$0$0Yes (X)
JUDI HARRIS
DIRECTORYes (X)$0$0$0
COREY HUGO
PRESIDENTYes (X)$0$0$0Yes (X)
NICK MCCOLLAM
DIRECTORYes (X)$0$0$0
TYSON OAKES
VICE PRESIDEYes (X)$0$0$0Yes (X)
JOHNATHAN RODRIQUEZ
DIRECTORYes (X)$0$0$0
JANA SHAVER
DIRECTORYes (X)$0$0$0
JANET TUCKER
TREASURERYes (X)$0$0$0Yes (X)
BARRY WESSELOWSKI
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$272,412AllOtherContributionsAmt
Total Contributions$272,412TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Total Revenue Column$40,545TotalRevenueColumnAmt
Related Or Exempt Func Income$40,545RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$40,545TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$77,143TotalRevenueColumnAmt
Exclusion$77,143ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$84,885SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$84,885SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$84,885TotalRevenueColumnAmt
Related Or Exempt Func Income-$84,885RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$305,215TotalRevenueColumnAmt
Related Or Exempt Func Income-$44,340RelatedOrExemptFuncIncomeAmt
Exclusion$77,143ExclusionAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM EXPENSE$236,189$236,189
ICC PROJECT SUPPORT$185,994$185,994
GENERAL & ADMINISTRATIVE$39,375$39,375
FUNDRASING EXPENSE$27,507$27,507

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$489,065TotalAmt
Program Services$422,183ProgramServicesAmt
Management And General$39,375ManagementAndGeneralAmt
Fundraising$27,507FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$302,167BOYAmt
EOY$250,213EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,622,283BOYAmt
EOY$4,031,863EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,924,450BOYAmt
EOY$4,282,076EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,024BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,024BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,110,031BOYAmt
EOY$1,347,689EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,812,395BOYAmt
EOY$2,934,387EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,922,426BOYAmt
EOY$4,282,076EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,924,450BOYAmt
EOY$4,282,076EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$183,850ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$543,500NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$156,177CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$290,516CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$359,706CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$264,533CurrentTaxYearMinus1YearAmt
Current Tax Year$272,412CurrentTaxYearAmt
Total$1,343,344TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$156,177CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$290,516CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$359,706CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$264,533CurrentTaxYearMinus1YearAmt
Current Tax Year$272,412CurrentTaxYearAmt
Total$1,343,344TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,343,344PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,586CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$95,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$104,328CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$107,890CurrentTaxYearMinus1YearAmt
Current Tax Year$77,143CurrentTaxYearAmt
Total$476,503TotalAmt
FieldValueIRS element (for citing)
Total Support$1,819,847TotalSupportAmt
Gross Receipts Rltd Activities$40,545GrossReceiptsRltdActivitiesAmt
Public Support CY1700.73820PublicSupportCY170Pct
Public Support PY1700.70650PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE RETURN IS REVIEWED BY AT LEAST ONE BOARD MEMBER PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.