INDEPENDENCE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENCE COMMUNITY COLLEGE FOUNDATION (EIN 48-0759236)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-06-15
IRS object ID
202031679349300803
Schema version
2018v3.2
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)
Return2020-06-15T08:25:12-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 Begin2018-07-01TaxPeriodBeginDt

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)
PersonJIM KELLYPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6203312480PhoneNum
Signature2020-06-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEY OSBURN CPA MBAAPreparerPersonNm
PTINP00917225PTIN
Phone6203314600PhoneNum
Preparation2020-06-15PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address72.24.104.178IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-06-15IPDt
IP Tm08:25:12IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id47F9CF72800790E45ABAE00A29C4118AE014B791AtSubmissionCreationDeviceId
At Submission Filing Device Id426FDF055F0584348390A73BFE95936CBFD2AA0AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJIM KELLYPrincipalOfficerNm
Gross Receipts$569,126GrossReceiptsAmt
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 Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$290,516PYContributionsGrantsAmt
CY Contributions Grants$359,706CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$186,385PYInvestmentIncomeAmt
CY Investment Income$209,420CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$476,901PYTotalRevenueAmt
CY Total Revenue$569,126CYTotalRevenueAmt
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$4,808CYTotalFundraisingExpenseAmt
PY Other Expenses$401,935PYOtherExpensesAmt
CY Other Expenses$732,189CYOtherExpensesAmt
PY Total Expenses$401,935PYTotalExpensesAmt
CY Total Expenses$732,189CYTotalExpensesAmt
PY Revenues Less Expenses$74,966PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$163,063CYRevenuesLessExpensesAmt
Total Assets BOY$4,243,898TotalAssetsBOYAmt
Total Assets EOY$4,108,973TotalAssetsEOYAmt
Total Liabilities BOY$7,267TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,911TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,236,631NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,087,062NetAssetsOrFundBalancesEOYAmt
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$655,897ExpenseAmt
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$655,897TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Document8IRPDocumentCnt
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 Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
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)
PersonJIM KELLYPersonNm
Phone6203313100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1309 S 5THAddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationKSStateAbbreviationCd
ZIP67301ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 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
PRESIDENTYes (X)$0$0$0Yes (X)
JEFFREY GETTLER
DIRECTORYes (X)$0$0$0
AMBER GREGORY
SECRETARYYes (X)$0$0$0Yes (X)
JUDI HARRIS
DIRECTORYes (X)$0$0$0
COREY HUGO
DIRECTORYes (X)$0$0$0
JIM KELLY
TREASURERYes (X)$0$0$0Yes (X)
NICK MCCOLLAM
DIRECTORYes (X)$0$0$0
CHARLOTTE MUSE
DIRECTORYes (X)$0$0$0
JACQUE OAKES
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
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$359,706AllOtherContributionsAmt
Total Contributions$359,706TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$104,328TotalRevenueColumnAmt
Exclusion$104,328ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$105,092SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$105,092SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$105,092TotalRevenueColumnAmt
Related Or Exempt Func Income$105,092RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$569,126TotalRevenueColumnAmt
Related Or Exempt Func Income$105,092RelatedOrExemptFuncIncomeAmt
Exclusion$104,328ExclusionAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ICC PROJECT SUPPORT$506,612$506,612
PROGRAM EXPENSE$149,285$149,285
GENERAL & ADMINISTRATIVE$71,484$71,484
FUNDRASING EXPENSE$4,808$4,808

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$732,189TotalAmt
Program Services$655,897ProgramServicesAmt
Management And General$71,484ManagementAndGeneralAmt
Fundraising$4,808FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$248,578BOYAmt
EOY$269,689EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,995,320BOYAmt
EOY$3,839,284EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,243,898BOYAmt
EOY$4,108,973EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,267BOYAmt
EOY$21,911EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,267BOYAmt
EOY$21,911EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,000,091BOYAmt
EOY$990,664EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,645,760BOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$590,780BOYAmt
EOY$3,096,398EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,236,631BOYAmt
EOY$4,087,062EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,243,898BOYAmt
EOY$4,108,973EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$163,063ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$13,494NetUnrlzdGainsLossesInvstAmt
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$125,998CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$143,538CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$156,177CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$290,516CurrentTaxYearMinus1YearAmt
Current Tax Year$359,706CurrentTaxYearAmt
Total$1,075,935TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$125,998CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$143,538CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$156,177CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$290,516CurrentTaxYearMinus1YearAmt
Current Tax Year$359,706CurrentTaxYearAmt
Total$1,075,935TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,075,935PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$99,492CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$105,239CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$91,586CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$95,556CurrentTaxYearMinus1YearAmt
Current Tax Year$104,328CurrentTaxYearAmt
Total$496,201TotalAmt
FieldValueIRS element (for citing)
Total Support$1,572,136TotalSupportAmt
Public Support CY1700.68440PublicSupportCY170Pct
Public Support PY1700.66900PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

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.

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