MOUNT WACHUSETT COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MOUNT WACHUSETT COMMUNITY COLLEGE FOUNDATION INC (EIN 23-7136083)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-11-13
IRS object ID
201823179349306352
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)
Return2018-11-13T15:14:39-06:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043000523PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1O'CONNOR & DREW PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125 BRAINTREE HILL OFFICE PARK SUITEAddressLine1Txt
Address Line2102AddressLine2Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237136083EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MOUNT WACHUSETT COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMOUNBusinessNameControlTxt
Phone9786326600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1444 GREEN STREETAddressLine1Txt
CityGARDNERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01440ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOT BARRETTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9786326600PhoneNum
Signature2018-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A DIIULISPreparerPersonNm
PTINP00303577PTIN
Phone6174711120PhoneNum
Preparation2018-11-07PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address108.7.66.186IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-07IPDt
IP Tm14:23:33IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id3CB7E2CE5C93DC371FFBDF20D7C2EAF08C33087BAtSubmissionCreationDeviceId
At Submission Filing Device IdC763F64EFE63A30A84122B55299B2513F18B4F8DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARLA ZOTTOLIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1444 GREEN STREETAddressLine1Txt
CityGARDNERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01440ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$841,787GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://MWCC.EDU/GIVING/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionAWARDING OF GRANTS AND SCHOLARSHIPSActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,137,202PYContributionsGrantsAmt
CY Contributions Grants$670,828CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$81,426PYInvestmentIncomeAmt
CY Investment Income$88,060CYInvestmentIncomeAmt
PY Other Revenue-$9,498PYOtherRevenueAmt
CY Other Revenue$1,806CYOtherRevenueAmt
PY Total Revenue$1,209,130PYTotalRevenueAmt
CY Total Revenue$760,694CYTotalRevenueAmt
PY Grants And Similar Paid$601,420PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$757,126CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$96,426PYOtherExpensesAmt
CY Other Expenses$79,243CYOtherExpensesAmt
PY Total Expenses$697,846PYTotalExpensesAmt
CY Total Expenses$836,369CYTotalExpensesAmt
PY Revenues Less Expenses$511,284PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$75,675CYRevenuesLessExpensesAmt
Total Assets BOY$7,461,230TotalAssetsBOYAmt
Total Assets EOY$7,912,020TotalAssetsEOYAmt
Total Liabilities BOY$18,677TotalLiabilitiesBOYAmt
Total Liabilities EOY$32,002TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,442,553NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,880,018NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF MOUNT WACHUSETT COMMUNITY COLLEGE FOUNDATION, INC. IS TO SECURE TIME, TALENT, AND TREASURE FROM PRIVATE AND PUBLIC SOURCES THAT WILL ENABLE THE COLLEGE TO PROVIDE ACCESSIBLE, AFFORDABLE EDUCATION, AND TO IMPLEMENT, SOCIAL, ECONOMICAL AND CULTURAL INITIATIVES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$757,126ExpenseAmt
Grant$757,126GrantAmt
DescFOSTERING AND PROMOTING EXCELLENCE IN EDUCATION AND RESEARCH THROUGH GRANTS AND SCHOLARSHIPS AND ASSISTING IN THE GROWTH AND IMPROVEMENT OF THE COLLEGEDesc
Total Program Service Expenses$757,126TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CARLA ZOTTOLI EXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9786326600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1444 GREEN STREETAddressLine1Txt
CityGARDNERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01440ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
RAYMOND MARTINO
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
PETER C ARMBRUSTER
CLERK1.00Yes (X)Yes (X)$0$0$0
SCOT BARRETT
TREASURER1.00Yes (X)Yes (X)$0$0$0
WALTER J DWYER IV
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
CARLA ZOTTOLI
EXECUTIVE DIRECTOR9.00Yes (X)Yes (X)$0$89,241$11,45828.50
REGINA WIRONEN
DIRECTOR1.00Yes (X)$0$0$0
JAMES GARRISON
DIRECTOR1.00Yes (X)$0$0$0
GAIL STEELE
DIRECTOR1.00Yes (X)$0$131,987$14,94437.50
CHARLES BOWLES
DIRECTOR1.00Yes (X)$0$0$0
JEANIE CONNOLLY
DIRECTOR1.00Yes (X)$0$0$0
RICHARD FLANAGAN
DIRECTOR1.00Yes (X)$0$0$0
WINFIELD BROWN
DIRECTOR1.00Yes (X)$0$0$0
WAYNE CANTY
DIRECTOR1.00Yes (X)$0$0$0
RICHARD A CELLA
DIRECTOR1.00Yes (X)$0$0$0
RAYMOND LAFOND
DIRECTOR1.00Yes (X)$0$0$0
ROBIN DUNCAN
DIRECTOR1.00Yes (X)$0$0$0
DOUGLAS J PETERSEN
DIRECTOR1.00Yes (X)$0$0$0
GEORGE JONES III
DIRECTOR1.00Yes (X)$0$0$0
ARTHUR FEEHAN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL TOOMEY
DIRECTOR1.00Yes (X)$0$0$0
KEITH BOISSINEAU
DIRECTOR1.00Yes (X)$0$0$0
EVE MARIE NEZICH CERYANEK
DIRECTOR1.00Yes (X)$0$0$0
ROY NASCIMENTO
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$221,228TotReportableCompRltdOrgAmt
Total Other Compensation$26,402TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$670,828AllOtherContributionsAmt
Total Contributions$670,828TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$81,933TotalRevenueColumnAmt
Exclusion$81,933ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$59,630SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$53,503SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,127SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,127TotalRevenueColumnAmt
Exclusion$6,127ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$29,396FundraisingGrossIncomeAmt
Fundraising Direct Expenses$27,590FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,806TotalRevenueColumnAmt
Exclusion$1,806ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$760,694TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$89,866ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$467,511TotalAmt
Program Services$467,511ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$289,615TotalAmt
Program Services$289,615ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$47,647TotalAmt
Management And General$47,647ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,851TotalAmt
Management And General$8,851ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$15,648TotalAmt
Management And General$15,648ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,725TotalAmt
Management And General$1,725ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,905TotalAmt
Management And General$1,905ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,084TotalAmt
Management And General$2,084ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
DUES AND SUBSCRIPTIONS$1,110$1,110
LICENSING$273$273

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$836,369TotalAmt
Program Services$757,126ProgramServicesAmt
Management And General$79,243ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$649,652BOYAmt
EOY$876,701EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$175,932BOYAmt
EOY$225,940EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$322,453BOYAmt
EOY$31,163EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$411,302BOYAmt
EOY$317,282EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,822,869BOYAmt
EOY$24,250EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$4,381,779EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,079,022BOYAmt
EOY$2,054,905EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,461,230BOYAmt
EOY$7,912,020EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$18,677BOYAmt
EOY$32,002EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,677BOYAmt
EOY$32,002EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,605,412BOYAmt
EOY$2,835,844EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,119,380BOYAmt
EOY$4,300,453EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$717,761BOYAmt
EOY$743,721EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,442,553BOYAmt
EOY$7,880,018EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,461,230BOYAmt
EOY$7,912,020EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$75,675ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$334,595NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$178,545OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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$640,253CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$583,413CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$686,314CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$637,202CurrentTaxYearMinus1YearAmt
Current Tax Year$670,828CurrentTaxYearAmt
Total$3,218,010TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$31,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,500CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30,900CurrentTaxYearMinus1YearAmt
Current Tax Year$43,600CurrentTaxYearAmt
Total$132,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$640,253CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$614,413CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$712,814CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$668,102CurrentTaxYearMinus1YearAmt
Current Tax Year$714,428CurrentTaxYearAmt
Total$3,350,010TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,489,093SubstantialContributorsTotAmt
Public Support Total170$1,860,917PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$80,809CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$70,090CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$81,609CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$77,260CurrentTaxYearMinus1YearAmt
Current Tax Year$81,933CurrentTaxYearAmt
Total$391,701TotalAmt
FieldValueIRS element (for citing)
Total Support$3,741,711TotalSupportAmt
Gross Receipts Rltd Activities$428,248GrossReceiptsRltdActivitiesAmt
Public Support CY1700.49730PublicSupportCY170Pct
Public Support PY1700.51060PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,474,043BeginningYearBalanceAmt
Contributions$110,528ContributionsAmt
Investment Earnings Or Losses$325,247InvestmentEarningsOrLossesAmt
Grants Or Scholarships$53,674GrantsOrScholarshipsAmt
End Year Balance$3,856,144EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,835,586BeginningYearBalanceAmt
Contributions$227,281ContributionsAmt
Investment Earnings Or Losses$452,541InvestmentEarningsOrLossesAmt
Grants Or Scholarships$41,365GrantsOrScholarshipsAmt
End Year Balance$3,474,043EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,056,890BeginningYearBalanceAmt
Contributions$110,100ContributionsAmt
Investment Earnings Or Losses-$42,459InvestmentEarningsOrLossesAmt
Grants Or Scholarships$31,577GrantsOrScholarshipsAmt
Other Expenditures$257,368OtherExpendituresAmt
End Year Balance$2,835,586EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,952,421BeginningYearBalanceAmt
Contributions$20,676ContributionsAmt
Investment Earnings Or Losses$121,443InvestmentEarningsOrLossesAmt
Grants Or Scholarships$37,650GrantsOrScholarshipsAmt
End Year Balance$3,056,890EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,583,950BeginningYearBalanceAmt
Contributions$11,430ContributionsAmt
Investment Earnings Or Losses$473,812InvestmentEarningsOrLossesAmt
Grants Or Scholarships$9,400GrantsOrScholarshipsAmt
Other Expenditures$107,371OtherExpendituresAmt
End Year Balance$2,952,421EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.70600BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.18600PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMMON POOLED EQUITY AND INCOME FUNDS$4,126,779F
CERTIFICATES OF DEPOSIT$255,000C
FieldValueIRS element (for citing)
Total Book Value Securities$4,381,779TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
BENEFICIAL INTEREST$2,026,585
INTEREST RECEIVABLE$28,320
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,054,905TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,329,376TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$334,595NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$43,600DonatedServicesAndUseFcltsAmt
Other Revenue$206,135OtherRevenueAmt
Revenue Not Reported$584,330RevenueNotReportedAmt
Revenue Subtotal$745,046RevenueSubtotalAmt
Investment Expenses Not Incld$15,648InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$15,648RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$760,694TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$891,911TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$43,600DonatedServicesUseFcltsAmt
Other Expenses Included$27,590OtherExpensesIncludedAmt
Expenses Not Reported$71,190ExpensesNotReportedAmt
Expenses Subtotal$820,721ExpensesSubtotalAmt
Investment Expenses Not Incld2$15,648InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$15,648ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$836,369TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:ENDOWMENT FUNDS HELD BY THE FOUNDATION ARE RESTRICTED FOR SCHOLARSHIP AND FOR THE USE OF MOUNT WACHUSETT COMMUNITY COLLEGE.
PART X, LINE 2:ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME.
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT EVENT COSTS 27,590. CHANGE IN VALUE OF BENEFICIAL INTEREST 178,545.
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT EVENT COSTS 27,590.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CONCERTEvent1Nm
Gross Receipts Event1$6,130GrossReceiptsEvent1Amt
Gross Revenue Event1$6,130GrossRevenueEvent1Amt
Entertainment Event1$6,100EntertainmentEvent1Amt
Other Direct Expenses Event1$1,232OtherDirectExpensesEvent1Amt
Event2INAUGURATIONEvent2Nm
Gross Receipts Event2$23,259GrossReceiptsEvent2Amt
Gross Revenue Event2$23,259GrossRevenueEvent2Amt
Food And Beverage Event2$17,089FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$2,556OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$7GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$7GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$613OthDirectExpnssOtherEventsAmt
Gross Receipts Total$29,396GrossReceiptsTotalAmt
Gross Revenue Total Events$29,396GrossRevenueTotalEventsAmt
Food And Beverage Total Events$17,089FoodAndBeverageTotalEventsAmt
Entertainment Total Events$6,100EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$4,401OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$27,590DirectExpenseSummaryEventsAmt
Net Income Summary$1,806NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MOUNT WACHUSETT COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1144 GREEN STREETAddressLine1Txt
CityGARDNERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01440ZIPCd
FieldValueIRS element (for citing)
Recipient EIN046002284RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$467,511CashGrantAmt
Purpose Of GrantTO FULLFILL THE MISSION OF THE FOUNDATION BY SUPPORTING MOUNT WACHUSETT CC.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient264RecipientCnt
Cash Grant$289,615CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BAS PART OF THE FORM 990 REVIEW PROCESS, THE FORM 990 WILL BE DELEGATED TO A SUB-COMMITTEE WHERE A MEMBER OF THE FINANCE COMMITTEE WILL BE ABLE TO REVIEW THE RETURN FOR COMPLETENESS AND ACCURACY. ONCE THE FORM 990 HAS BEEN APPROVED BY THE FINANCE COMMITTEE IT CAN THEN BE FILED WITH THE INTERNAL REVENUE SERVICE AND THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE.
FORM 990, PART VI, SECTION B, LINE 12CPERSONS COVERED BY THIS POLICY WILL ANNUALLY DISCLOSE OR UPDATE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, SUCH AS A LIST OF FAMILY MEMBERS, SUBSTANTIAL BUSINESS OR INVESTMENTS HOLDINGS, AND OTHER TRANSACTION OR AFFILIATIONS WITH BUSINESSES AND OTHER ORGANIZATIONS OR THOSE OF FAMILY MEMBERS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH THE PUBLISHING OF PRINTED REPORTS.
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST 178,545.
FORM 990, PART XII, LINE 2C:THE FOUNDATION DOES HAVE A FORMAL COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT. THE PROCESS OF OVERSEEING THE AUDIT AND THE RELATED STATEMENTS HAVE NOT CHANGED SINCE THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MOUNT WACHUSETT COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1444 GREEN STREETAddressLine1Txt
CityGARDNERCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01440ZIPCd
FieldValueIRS element (for citing)
EIN046002284EIN
Primary ActivitiesCOMMUNITY COLLEGE - EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section115ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
MOUNT WACHUSETT COMMUNITY COLLEGE
B$757,126COST
MOUNT WACHUSETT COMMUNITY COLLEGE
D$317,282FMV
MOUNT WACHUSETT COMMUNITY COLLEGE
P$76,363COST

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