2019-12-16T14:20:02-06:00 2019-06-30 460403496 CASEY PETERSON LTD 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 990 2018-07-01 237352673 CHADRON STATE FOUNDATION CHAD 3084326361 1000 MAIN STREET CHADRON NE 69337 BEN WATSON CEO 3084326361 2019-12-16 1 DEIDRE BUDAHL CPA P01273830 6053481930 2019-12-16 65.153.235.186 2019-12-16 14:19:58 MS P 6674FD86204B922EA835707114D2D463539C6A14 F816B9D621AD14857E56F1346500FC3E34F8C907 2018 2020-04-17 16:48:07Z BEN WATSON 1000 MAIN STREET CHADRON NE 69337 4665881 0 X WWW.CSC.EDU/FOUNDATION X 1963 NE THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. 18 18 0 125 0 0 3053399 3197985 0 437600 441789 716023 15516 7098 3510704 4358706 649790 1742593 0 0 519168 466018 0 0 348709 411567 900860 1580525 3109471 1930179 1249235 24358505 25904517 506874 552115 23851631 25352402 X THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. THE FOUNDATION SUPPORTS SCHOLARSHIP PROGRAMS FOR THE COLLEGE AND UNDERTAKES FUNDRAISING ACTIVITY WHICH PROVIDE RESOURCES VITAL TO THE MISSION OF CHADRON STATE COLLEGE IN THE AREAS OF INSTRUCTION, RESEARCH, AND SERVICE. THE FOUNDATION RECOGNIZES THE GENEROSITY OF DONORS WHO, ACTING INDIVIDUALLY OR AS MEMBERS OF A GROUP, PROVIDE CHADRON STATE AN ALL IMPORTANT MARGIN OF EXCELLENCE AS IT CONTINUES TO MEET THE EDUCATIONAL, ECONOMIC, AND CULTURAL NEEDS OF WESTERN NEBRASKA BOTH TODAY AND WELL INTO THE FUTURE. 0 0 2095119 1742593 437600 THE FOUNDATION PROVIDES SUPPORT TO CHADRON STATE COLLEGE THROUGH SCHOLARSHIPS AND AWARDS TO THE STUDENTS OF THE COLLEGE AND PROVIDES INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO THE COLLEGE. 2095119 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 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 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NE X THE ORGANIZATION 3084326361 1000 MAIN STREET CHADRON NE 69337 KERRY BAILEY BOARD MEMBER 1.00 X 0 0 0 ROB BILA BOARD MEMBER 1.00 X 0 0 0 RANDY CULLERS BOARD MEMBER 1.00 X 0 0 0 SHEILA DORMANN BOARD MEMBER 1.00 X 0 0 0 CHERYL EMANUEL BOARD MEMBER 1.00 X 0 0 0 JANICE ERWIN BOARD MEMBER 1.00 X 0 0 0 PATRICK FRIESEN BOARD MEMBER 1.00 X 0 0 0 RENAE JIMENEZ BOARD MEMBER 1.00 X 0 0 0 JIM GRIMES BOARD MEMBER 1.00 X 0 0 0 JEFF KING BOARD MEMBER 1.00 X 0 0 0 KIM LOBATO BOARD MEMBER 1.00 X 0 0 0 JOANNE OWENS-NAUSLER BOARD MEMBER 1.00 X 0 0 0 GREG POWELL BOARD MEMBER 1.00 X 0 0 0 JOHN SMITH BOARD MEMBER 1.00 X 0 0 0 ELDON TERRELL BOARD MEMBER 1.00 X 0 0 0 MARJEAN TERRELL BOARD MEMBER 1.00 X 0 0 0 STEVE WILLNERD BOARD MEMBER 1.00 X 0 0 0 BOB ZAHM BOARD MEMBER 1.00 X 0 0 0 BEN WATSON CHIEF FINANCIAL OFFICER 40.00 X 100631 0 27816 CRICKET HAAG CONTROLLER 40.00 X 62529 0 27127 163160 0 54943 1 0 0 0 0 42063 219950 2935972 87268 3197985 MANAGEMENT FEES 900099 437600 437600 437600 558459 558459 440000 282436 157564 157564 157564 24738 42063 24739 -1 -1 MEMBERSHIP DUES REVENU 900099 4904 4904 MISCELLANEOUS 900099 2195 2195 7099 4358706 437600 0 723121 1120506 1120506 622087 622087 466018 110291 146891 208836 409841 409841 12280 12280 42331 42331 88301 15100 27512 45689 11421 11421 60494 25498 13175 21821 17277 5709 5709 5859 28639 12397 2734 13508 526 526 1198 1124 74 SUPPLIES 85748 85748 PRINTING 58037 40822 220 16995 BAD DEBTS 34545 34545 EVENTS & ENTERTAINMENT 25170 23283 1887 25052 22257 1413 1382 3109471 2095119 665643 348709 2242292 2350865 1140784 1241116 5375 0 135596 96840 39282 38756 19904450 21376970 1026322 896810 24358505 25904517 18888 29750 476503 513769 11483 0 8596 506874 552115 X 1705763 1952522 4575873 4450332 17569995 18949548 23851631 25352402 24358505 25904517 1249235 251536 0 X X 0 1 X 1 0 X 1603982 2116464 2073640 3053399 3197985 12045470 2500 2500 2500 2500 10000 1606482 2118964 2076140 3055899 3197985 12055470 1225684 10829786 651132 561607 450532 495929 558459 2717659 38120 38753 31837 108710 14881839 933529 0.72770 0.80930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 20820854 1379335 825725 799625 22226289 18811804 1578466 1175832 745248 20820854 16982527 644166 1835823 650712 18811804 18111447 501554 -846885 783589 16982527 17968207 662517 259817 779094 18111447 0.04000 0.85000 0.11000 0 0 38500 38500 97096 96840 256 38756 ANNUITY LIABILITY 8596 8596 X 4592649 251536 251536 4341113 42331 -24738 17593 4358706 3091878 24738 24738 3067140 42331 42331 3109471 PART III, LINE 1A: THE FOUNDATION HAS A COLLECTION OF ARTWORK AND OTHER MEMORIBILIA THAT WAS DONATED BY SEVERAL SUPPORTERS OF CHADRON STATE COLLEGE. THE COLLECTION IS ON DISPLAY AND IS AVAILABLE TO THOSE WHO ARE INTERESTED IN STUDYING NEBRASKA STATE HISTORY. THE FOUNDATION HAS TAKEN STEPS TO ENSURE THAT THE COLLECTION IS PROTECTED AND PRESERVED. COLLECTION ITEMS ACQUIRED THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASES WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. PART X, LINE 2: AS OF JUNE 30, 2019, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAX AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2016. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING NETTED AGAINST REVENUE ON 990 -24,738. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING NETTED AGAINST REVENUE ON 990 24,738. GOLF CLASSIC 22619 8574 14045 6396 1965 5685 WHEN EAGLES DARE 24397 13704 10693 5500 2919 2274 1 19785 19785 66801 42063 24738 11896 4884 7959 24739 -1 0 CHADRON STATE COLLEGE 100 MAIN STREET CHADRON NE 69337 470491233 501C3 1120506 EDUCATION MISSION 1 SCHOLARSHIP AWARDS 525 622087 X ATHLETIC EQUIPMENT 1 55748 CASH VALUE X ART SUPPLIES 1 30000 CASH VALUE X PROFESSIONAL SERVICES 1 1520 CASH VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A THIRD PARTY CPA PREPARED THE 990, WHICH WAS THEN REVIEWED BY MANAGEMENT AND THE BOARD, PRIOR TO THE BOARD APPROVING THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES ARE REVIEWED BY THE EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 FOLLOWING THE NEBRASKA STATE COLLEGE SYSTEM PROFESSIONAL ASSOCIATION GUIDELINE SALARY RANGE, THE EXECUTIVE DIRECTOR HAS AN EVAULATION DONE EACH YEAR BY THE PERSONNEL COMMITTEE OF THE CHADRON STATE FOUNDATION. THE EXECUTIVE DIRECTOR EVALUATES THE BUSINESS MANAGER AND DIRECTOR OF MAJOR GIFTS EACH YEAR. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. 990 PART XII LINE 2C THE ORGANIZATION HAS NOT CHANGED THE PROCESS FOR OVERSIGHT OF THE AUDITOR. THE BOARD OF DIRECTORS SELECTS AN AUDITOR AND OVERSEES THE PROCESS. CHADRON STATE COLLEGE 1000 MAIN STREET CHADRON NE 69337 470491233 EDUCATION NE 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 CHADRON STATE COLLEGE O 176972 AMOUNT PAID CHADRON STATE COLLEGE B 1120506 AMOUNT PAID