2019-05-10T10:15:36-05:00 2018-06-30 561203666 BLACK CHESTNUTT & JOHNSON PA PO BOX 588 CLINTON NC 28329 990 2017-07-01 570834646 SAMPSON COMMUNITY COLLEGE FOUNDATION SAMP 9105928081 PO BOX 588 CLINTON NC 28329 J TODD JOHNSON TREASURER 9105928036 2019-05-15 1 MICHAEL L CHESTNUTT P00098616 9105928036 2019-05-01 66.207.248.16 2019-05-10 11:09:11 ED P AA855A69DE2E56DA04D7B43AE6F1C8680C2AF822 0A8F1654803A218ACEE11D3E9733B019BA1FA91E 2017 2019-02-21 02:37:17Z J TODD JOHNSON 501 COLLEGE STREET CLINTON NC 28328 586746 0 X N/A X 1986 NC FOUNDATION'S MISSION IS TO FUND EDUCATIONAL PROGRAMS OF THE COLLEGE, PROMOTE THE COLLEGE AND PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS. 28 28 0 0 0 0 231590 465996 0 0 34025 75448 31155 26306 296770 567750 155368 133299 0 0 0 14268 0 0 22493 36854 27322 192222 174889 104548 392861 2209370 2619628 0 0 2209370 2619628 THE FOUNDATION'S MISSION IS TO FUND EDUCATIONAL PROGRAMS OF THE COLLEGE, PROMOTE THE COLLEGE AND PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS. 0 0 49427 49427 FUNDED VARIOUS EDUCATIONAL PROGRAMS AT THE COLLEGE 83839 83839 FUNDED SCHOLARSHIPS GIVEN TO STUDENTS AT THE COLLEGE. 33 33 CAMPUS IMPROVEMENTS 133299 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X SAMPSON COMMUNITY COLLEGE 9105928081 PO BOX 318 CLINTON NC 28329 X FRANK BUTLER DIRECTOR 2.00 X 0 0 0 HOLDEN DUBOSE DIRECTOR 2.00 X 0 0 0 ANNE FAIRCLOTH DIRECTOR 2.00 X 0 0 0 ROLAND HALL DIRECTOR 2.00 X 0 0 0 LORRAINE MOORE DIRECTOR 2.00 X 0 0 0 GARY MAC HERRING DIRECTOR 2.00 X 0 0 0 JOHN BAXTER DIRECTOR 2.00 X 0 0 0 DEBORAH HALL DIRECTOR 2.00 X 0 0 0 ANNABELLE FETTERMAN DIRECTOR 2.00 X 0 0 0 GRACE HUBBARD DIRECTOR 2.00 X 0 0 0 BILL FULTON DIRECTOR 2.00 X 0 0 0 LUTHER D STARLING JR DIRECTOR 2.00 X 0 0 0 NEAL STRICKLAND DIRECTOR 2.00 X 0 0 0 BROOKS BARWICK DIRECTOR 2.00 X 0 0 0 MARY B BROWN DIRECTOR 2.00 X 0 0 0 HUGH CAISON DIRECTOR 2.00 X 0 0 0 GROVER EZZELL DIRECTOR 2.00 X 0 0 0 SHERRY MATTHEWS DIRECTOR 2.00 X 0 0 0 PAT GREEN DIRECTOR 2.00 X 0 0 0 JOHN PRESTAGE DIRECTOR 2.00 X 0 0 0 JOHN SARGENT DIRECTOR 2.00 X 0 0 0 JUSTIN LOCKAMY DIRECTOR 2.00 X 0 0 0 STEVE STEFANOVICH DIRECTOR 2.00 X 0 0 0 PAUL VISER PRESIDENT 2.00 X 0 0 0 AMELIA SURRATT VICE PRESIDENT 2.00 X 0 0 0 TODD JOHNSON TREASURER 2.00 X 0 0 0 MERRIE MCLAMB SECRETARY 2.00 X 0 0 0 LYMAN HORNE IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 0 0 0 0 0 0 0 0 6641 459355 465996 41339 41339 46159 12050 34109 34109 34109 29865 6946 22919 22919 OTHER INCOME 611600 3387 3387 3387 567750 78835 0 22919 44452 44452 88847 88847 14268 7134 7134 8900 8900 2942 2942 525 525 6574 1315 5259 1223 1223 FUNDRAISING 7158 7158 174889 133299 19097 22493 272496 375294 162000 1927654 2077888 9220 4446 2209370 2619628 0 0 X 614455 670520 771378 1115571 823537 833537 2209370 2619628 2209370 2619628 392861 17397 0 X X 1 X 1 X 1 0 X 232026 234217 145980 149692 387087 1149002 232026 234217 145980 149692 387087 1149002 145556 1003446 35727 34564 44256 34025 41339 189911 354 1035 1278 3387 6054 1344967 0.74610 0.73870 X 1594915 65618 68171 26050 8691 161008 1532955 1463615 112589 101445 82734 1594915 1450939 110830 22640 120794 1463615 1404279 93362 15994 62696 1450939 1260232 144813 85770 86536 1404279 0.54370 0.45630 0 0 0 X 596147 17397 11000 28397 567750 0 567750 185889 11000 11000 174889 0 174889 PART V, LINE 4: THE ENDOWED FUNDS ARE TO PROVIDE SCHOLARSHIPS TO STUDENTS OF SAMPSON COMMUNITY COLLEGE AS WELL AS GRANTS TO THE FACULTY. THE GRANTS FUND PROGRAMS OF THE COLLEGE THAT WOULD OTHERWISE BE LEFT UNFUNDED. PART X, LINE 2: PER NOTE 1-K OF THE AUDITED FINANCIAL STATEMENT: THE FOUNDATION IS TAX-EXEMPT AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). IN SEPTEMBER 2009, THE FASB ISSUED AN ASU, IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXS AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES ("ASU 1009-06"), INCLUDED IN CODIFICATION UNDER FASB ASC 740, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISIONS OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2015, 2016, AND 2017 ARE SUBJECT TO EXAMINATION BY THE IRS GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART V - ENDOWMENT FUNDS LINE 1F ADJUSTMENT TO RECONCILE TOTAL ENDOWMENT NET ASSETS TO AMOUNT REPORTED IN NOTE 5 OF AUDITED FINANCIAL STATEMENTS. GOLF TOURNAMENT 29865 29865 200 5969 702 75 29865 29865 200 5969 702 75 6946 22919 1 SAMPSON COMMUNITY COLLEGE PO BOX 318 CLINTON NC 28329 560898811 501 (C) (3) 44452 COST PROVIDE ADDITIONAL FINANCIAL RESOURCES TO THE SCHOOL. SCHOLARSHIPS 190 83839 0 COST FACULTY GRANTS 10 5008 COST PART I, LINE 2: SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION. FACULTY GRANTS ARE PAID AS A REIMBURSEMENT AFTER A RECEIPT OF EXPENDITURE IS RECEIVED. THE RECEIPTS ARE MATCHED TO GRANTS REQUEST TO ENSURE THE EXPENDITURE WAS APPROPRIATE FOR THE GRANT. LUTHER D STARLING JR BOARD MEMBER 11000 BOARD MEMBER, LUTHER D. STARLING, IS PARTNER AT LAW FIRM, DAUGHTRY, WOODARD, LAWRENCE & STARLING, WHICH PROVIDED IN-KIND LEGAL SERVICES DURING THE TAX YEAR. 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS MADE AVAILABLE TO BOARD MEMBERS ELECTRONICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS PROCESS FROM THE PRIOR YEAR. SAMPSON COMMUNITY COLLEGE 1801 SUNSET AVENUE HWY 24 CLINTON NC 28328 560898811 SECONDARY EDUCATIONAL INSTITUTION NC 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 SAMPSON COMMUNITY COLLEGE O 14258 FMV SCHEDULE R, PART V, SAMPSON COMMUNITY COLLEGE PROVIDES ADMINISTRATIVE STAFF FOR THE FOUNDATION. THE FAIR MARKET VALUE OF THESE SERVICES IS ESTIMATED TO BE $14,268, WHICH IS APPROXIMATELY 10 PERCENT OF THE SALARY AND BENEFITS FOR THE STAFF.