INDEPENDENCE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENCE COMMUNITY COLLEGE FOUNDATION (EIN 48-0759236)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-02
IRS object ID
201930929349300303
Schema version
2017v2.3
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)
Return2019-04-02T07:34:46-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

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 Begin2017-07-01TaxPeriodBeginDt

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
Signature2019-04-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEY OSBURN CPA MBAAPreparerPersonNm
PTINP00917225PTIN
Phone6203314600PhoneNum
Preparation2019-04-02PreparationDt
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)
IP2019-04-02IPDt
IP Tm07:34:46IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id2C712C0A70088A939C84887FBF956E9FE802D6C6AtSubmissionCreationDeviceId
At Submission Filing Device Id2C712C0A70088A939C84887FBF956E9FE802D6C6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJIM KELLYPrincipalOfficerNm
Gross Receipts$476,901GrossReceiptsAmt
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$156,177PYContributionsGrantsAmt
CY Contributions Grants$290,516CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$196,647PYInvestmentIncomeAmt
CY Investment Income$186,385CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$352,824PYTotalRevenueAmt
CY Total Revenue$476,901CYTotalRevenueAmt
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$23,142CYTotalFundraisingExpenseAmt
PY Other Expenses$539,931PYOtherExpensesAmt
CY Other Expenses$401,935CYOtherExpensesAmt
PY Total Expenses$539,931PYTotalExpensesAmt
CY Total Expenses$401,935CYTotalExpensesAmt
PY Revenues Less Expenses-$187,107PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$74,966CYRevenuesLessExpensesAmt
Total Assets BOY$4,146,428TotalAssetsBOYAmt
Total Assets EOY$4,243,898TotalAssetsEOYAmt
Total Liabilities BOY$19,287TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,267TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,127,141NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,236,631NetAssetsOrFundBalancesEOYAmt
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$277,559ExpenseAmt
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$277,559TotalProgramServiceExpensesAmt
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 Document0IRPDocumentCnt
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
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
ROD FROEBE
PRESIDENTYes (X)$0$0$0Yes (X)
RYAN GOAD
DIRECTORYes (X)$0$0$0
AMBER GREGORY
VICE PRESIDEYes (X)$0$0$0Yes (X)
JUDI HARRIS
DIRECTORYes (X)$0$0$0
GEORGIA HIGH
DIRECTORYes (X)$0$0$0
COREY HUGO
DIRECTORYes (X)$0$0$0
JIM KELLY
TREASURERYes (X)$0$0$0Yes (X)
CHARLOTTE MUSE
SECRETARYYes (X)$0$0$0Yes (X)
JACQUE OAKES
DIRECTORYes (X)$0$0$0
TYSON OAKES
DIRECTORYes (X)$0$0$0
JANA SHAVER
DIRECTORYes (X)$0$0$0
RANDY WAGNER
PAST PRESIDEYes (X)$0$0$0
BARRY WESSELOWSKI
DIRECTORYes (X)$0$0$0
MARK WOODS
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$290,516AllOtherContributionsAmt
Total Contributions$290,516TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,566TotalRevenueColumnAmt
Exclusion$95,566ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$90,819SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$90,819SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,819TotalRevenueColumnAmt
Related Or Exempt Func Income$90,819RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$476,901TotalRevenueColumnAmt
Related Or Exempt Func Income$90,819RelatedOrExemptFuncIncomeAmt
Exclusion$95,566ExclusionAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM EXPENSE$159,283$159,283
ICC PROJECT SUPPORT$118,276$118,276
GENERAL & ADMINISTRATIVE$101,234$101,234
FUNDRASING EXPENSE$23,142$23,142

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$401,935TotalAmt
Program Services$277,559ProgramServicesAmt
Management And General$101,234ManagementAndGeneralAmt
Fundraising$23,142FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$56,334BOYAmt
EOY$248,578EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,090,094BOYAmt
EOY$3,995,320EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,146,428BOYAmt
EOY$4,243,898EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$19,287BOYAmt
EOY$7,267EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,287BOYAmt
EOY$7,267EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$946,587BOYAmt
EOY$1,000,091EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,589,774BOYAmt
EOY$2,645,760EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

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

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,127,141BOYAmt
EOY$4,236,631EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,146,428BOYAmt
EOY$4,243,898EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$74,966ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$34,524NetUnrlzdGainsLossesInvstAmt
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$261,690CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$125,998CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,538CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$156,177CurrentTaxYearMinus1YearAmt
Current Tax Year$290,516CurrentTaxYearAmt
Total$977,919TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$261,690CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$125,998CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,538CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$156,177CurrentTaxYearMinus1YearAmt
Current Tax Year$290,516CurrentTaxYearAmt
Total$977,919TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$977,919PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$91,978CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,492CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$105,239CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$91,586CurrentTaxYearMinus1YearAmt
Current Tax Year$95,556CurrentTaxYearAmt
Total$483,851TotalAmt
FieldValueIRS element (for citing)
Total Support$1,461,770TotalSupportAmt
Public Support CY1700.66900PublicSupportCY170Pct
Public Support PY1700.70830PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

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.