2022-08-08T16:23:34-05:00 2021-12-31 271494012 Hinkle & Company PC 5028 East 101st Street Tulsa OK 74137 990 2021-01-01 730781297 Seminole State College Educational Foundation SEMI 4053829950 PO Box 351 Seminole OK 748180351 Lance Wortham Chairman 4053829950 2022-08-08 1 Lance Wortham 999009999 Justin D Kinsey P01968762 9184923388 2022-08-05 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Lance Wortham PO Box 351 Seminole OK 748180351 2013701 0 X www.sscok.edu/Foundation/ X 1972 OK Provide college support, student scholarships, and economic development in surrounding areas 29 29 1 29 0 0 1382362 1041962 0 68916 55357 268458 89861 118889 1527580 1498225 967636 958114 0 0 111299 64814 0 0 0 379126 382025 1458061 1404953 69519 93272 8486179 13840348 3340661 8503615 5145518 5336733 Seminole State College Educational foundation provides support to Seminole State College, scholarships for Seminole State College students, and economic development for surrounding areas. 0 0 70598 68916 Seminole State College Educational Foundation provides support to Seminole State College in the form of financial assistance and capital projects that benefit the college. 1128245 886302 Seminole State College Educational Foundation uses contract revenue from the Oklahoma Department of Commerce to foster economic development in the surrounding areas and is building a sports complex. 71812 71812 Seminole State College Educational Foundation provides scholarships to Seminole State College students. 1270655 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 60 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 OK X Zac Coplen 4053829950 PO Box 351 Seminole OK 74818 Steve Bagwell Trustee 1.00 X 0 0 0 Rocky Barrett Trustee 1.00 X 0 0 0 Dan Boren Trustee 1.00 X 0 0 0 Dr Vickie Carter Trustee 1.00 X 0 0 0 Brooke Case Trustee 1.00 X 0 0 0 Haley Coates Trustee 1.00 X 0 0 0 Steve Degraffenreid Trustee 1.00 X 0 0 0 Darren Frederick Trustee 1.00 X 0 0 0 Suzanne Gilbert Trustee 1.00 X 0 0 0 Jim Hardin Trustee 1.00 X 0 0 0 John Hargrave Trustee 1.00 X 0 0 0 Douglas Humphreys Trustee 1.00 X 0 0 0 Tim Mathews Trustee 1.00 X 0 0 0 Rhonda McKee Trustee 1.00 X 0 0 0 Gordon Melson Trustee 1.00 X 0 0 0 Chris Moore Trustee 1.00 X 0 0 0 Billy Norton Trustee 1.00 X 0 0 0 Jeramy Rich Trustee 1.00 X 0 0 0 Lance Ruffel Trustee 1.00 X 0 0 0 Mark Schell Vice-Chair 1.00 X X 0 0 0 Roy Sisco Trustee 1.00 X 0 0 0 Senator Jason Smalley Trustee 1.00 X 0 0 0 Sue Snodgrass Trustee 1.00 X 0 0 0 Bob Swearingen Trustee 1.00 X 0 0 0 Andy Tucker Vice-Chair 1.00 X X 0 0 0 Reggie Whitten Trustee 1.00 X 0 0 0 David Wilson Trustee 1.00 X 0 0 0 Chief Justin Wood Trustee 1.00 X 0 0 0 Lance Wortham Chairman 1.00 X X 0 0 0 Lana Reynolds President 10.00 30.00 X 0 201559 23852 0 201559 23852 0 0 1 0 Hellas Construction Inc 12710 Research Blvd Suite 240 Austin TX 78759 Sports Complex Project 3217180 ACI Tractors Work 11912 Hickory Lane Claremore OK 74017 Sports Complex Project 686635 Grow 356 LLC 3522 W Hwy 66 Wellston OK 74881 Economic Development Project 540616 Penn's Athletic Fields & Building Const 14331 SO 4060 Rd Oologah OK 74053 Sports Complex Project 382378 Elite Concrete PO Box 53 Barnsdall OK 74002 Sports Complex Project 215047 12 901402 140560 1041962 Building Rental Income 531120 49200 49200 Vehicle Rental Income 532420 19716 19716 68916 87569 87569 694079 513190 180889 180889 180889 101991 2286 99705 99705 Split-Interest Trust 525920 18180 18180 Insurance Policy 524298 1004 1004 19184 1498225 68916 0 387347 886302 886302 71812 71812 50750 50750 9000 9000 5064 5064 177333 177333 56010 56010 22943 22943 30539 22702 7837 3704 1486 2218 9067 7254 1813 23265 22339 926 7465 5972 1493 7822 3129 4693 7773 5703 2070 36104 1809 34295 1404953 1270655 134298 0 916383 678476 155639 159131 100000 100000 9233583 187725 3720103 9045858 2653924 2960976 940130 895907 8486179 13840348 1733663 651738 645665 1366211 961333 6485666 3340661 8503615 X 478742 532568 4666776 4804165 5145518 5336733 8486179 13840348 93272 97943 0 X 0 1 X 1 0 X 1588741 879415 859593 1382362 1041962 5752073 1588741 879415 859593 1382362 1041962 5752073 5752073 73710 869064 104453 132100 156486 1335813 7087886 0.81150 0.79170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 56010 56010 0 Part II-B, Line 1: The Foundation pays fees to a legislative and public relations firm that provides advocacy and political consulting services. 1890962 233488 -20086 2104364 1732933 182429 24400 1890962 1404967 176909 253342 102285 1732933 1648273 -114955 128351 1404967 1560575 167297 79599 1648273 1.00000 0 0 327995 327995 8789763 124191 8665572 63534 63534 0 52291 52291 9045858 Reimbursable Expense Receivable 5060 Purchase Lease Receivable 668264 Beneficial Interest in Remainder Trust 186622 Cash Surrender Value of Insurance Policy 30831 Other Assets 2030 Lease Receivable 3100 895907 X 1690912 97943 105613 -22943 180613 1510299 -12074 -12074 1498225 1499697 105613 105613 1394084 22943 -12074 10869 1404953 Part X, Line 2: The Foundation evaluates and accounts for its uncertain tax positions, if any, in accordance with ASC Topic 740, "Income Taxes," including the Foundation's tax position as a tax-exempt not-forprofit entity. Through the Foundation's evaluation of its uncertain tax positions, management has determined no uncertain tax positions existed as of December 31, 2020 or 2019, which would require the Foundation to record a liability for the uncertain tax positions in its financial statements. Federal and state income tax statues dictate that tax returns filed in any of the previous three reporting periods remain open to examination. Currently, the Foundation has no open examinations with either the Internal Revenue Service or the Oklahoma Tax Commission. Part XI, Line 2d - Other Adjustments: Investment Management Fees -22,943. Part XI, Line 4b - Other Adjustments: Miscellaneous Reimbursements -12,074. Part XII, Line 4b - Other Adjustments: Miscellaneous Reimbursments -12,074. Golf Tournament 38512 38512 2286 Spring Banquet 41056 41056 1 22423 22423 101991 101991 2286 2286 99705 0 City of Wewoka 123 S Mekusukey St 2 Wewoka OK 74884 46000 0 Economic Development Hiland Dairy Foods 1100 Thunderbird Rd Chandler OK 74834 25000 0 Economic Development Wewoka Industrial Authority 123 S Mekuskey Ave Wewoka OK 74884 154500 0 Economic Development Seminole Public Schools 2703 Highway 9 West Seminole OK 74868 52549 0 Economic Development The Academy of Seminole 600 Ew Hwy 123 Seminole OK 74868 25000 0 Economic Development Grow 356 LLC 3522 W Hwy 66 Wellston OK 74881 579116 0 Economic Development 0 6 College Scholarships 61 71812 0 0 0 0 0 0 0 0 0 Lana Reynolds President 0 186559 0 15000 0 0 0 0 0 23852 0 225411 0 0 Langley Management Company Owner is former trustee Investment X 100000 100000 0 1 1 100000 Form 990, Part VI, Section B, line 11b Form 990 is reviewed by Management before it's filed. Form 990, Part VI, Section C, line 19 Documents are made available to the public upon request. Seminole State College 2701 Boren Blvd Seminole OK 74868 730781297 OK 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0