INDEPENDENCE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
INDEPENDENCE COMMUNITY COLLEGE FOUNDATION (EIN 48-0759236)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-04-05
IRS object ID
201840959349300604
Schema version
2016v3.1
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)
Return2018-04-05T08:18:48-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

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
Signature2018-04-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASHLEY OSBURN CPA MBAAPreparerPersonNm
PTINP00917225PTIN
Phone6203314600PhoneNum
Preparation2018-04-05PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id9A017F80FA481E64AFF0E0DE53F6DCC345B07D28AtSubmissionCreationDeviceId
At Submission Filing Device Id7202124BF3CFB412D5F062BB7A9A81D125DBD892AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJIM KELLYPrincipalOfficerNm
Gross Receipts$352,824GrossReceiptsAmt
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 Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$143,538PYContributionsGrantsAmt
CY Contributions Grants$156,177CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$162,345PYInvestmentIncomeAmt
CY Investment Income$196,647CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$305,883PYTotalRevenueAmt
CY Total Revenue$352,824CYTotalRevenueAmt
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$30,651CYTotalFundraisingExpenseAmt
PY Other Expenses$464,403PYOtherExpensesAmt
CY Other Expenses$539,931CYOtherExpensesAmt
PY Total Expenses$464,403PYTotalExpensesAmt
CY Total Expenses$539,931CYTotalExpensesAmt
PY Revenues Less Expenses-$158,520PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$187,107CYRevenuesLessExpensesAmt
Total Assets BOY$4,141,540TotalAssetsBOYAmt
Total Assets EOY$4,146,428TotalAssetsEOYAmt
Total Liabilities BOY$3,872TotalLiabilitiesBOYAmt
Total Liabilities EOY$19,287TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,137,668NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,127,141NetAssetsOrFundBalancesEOYAmt
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$421,977ExpenseAmt
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$421,977TotalProgramServiceExpensesAmt
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 Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
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 (19 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
NORMAN CASTAGNA
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
GALEN PALMER
DIRECTORYes (X)$0$0$0
JANA SHAVER
DIRECTORYes (X)$0$0$0
JOHN UPDEGRAFF
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$156,177AllOtherContributionsAmt
Total Contributions$156,177TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,586TotalRevenueColumnAmt
Exclusion$91,586ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$105,061SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$105,061SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$105,061TotalRevenueColumnAmt
Related Or Exempt Func Income$105,061RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$352,824TotalRevenueColumnAmt
Related Or Exempt Func Income$105,061RelatedOrExemptFuncIncomeAmt
Exclusion$91,586ExclusionAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ICC PROJECT SUPPORT$298,805$298,805
PROGRAM EXPENSE$123,172$123,172
GENERAL & ADMINISTRATIVE$87,303$87,303
FUNDRASING EXPENSE$30,651$30,651

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$539,931TotalAmt
Program Services$421,977ProgramServicesAmt
Management And General$87,303ManagementAndGeneralAmt
Fundraising$30,651FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$42,747BOYAmt
EOY$56,334EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,098,793BOYAmt
EOY$4,090,094EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,141,540BOYAmt
EOY$4,146,428EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,872BOYAmt
EOY$19,287EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,872BOYAmt
EOY$19,287EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$783,313BOYAmt
EOY$946,587EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,763,575BOYAmt
EOY$2,589,774EOYAmt

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$4,137,668BOYAmt
EOY$4,127,141EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,141,540BOYAmt
EOY$4,146,428EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$187,107ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$176,580NetUnrlzdGainsLossesInvstAmt
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$478,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$261,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$125,998CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$143,538CurrentTaxYearMinus1YearAmt
Current Tax Year$156,177CurrentTaxYearAmt
Total$1,166,366TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$478,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$261,690CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$125,998CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$143,538CurrentTaxYearMinus1YearAmt
Current Tax Year$156,177CurrentTaxYearAmt
Total$1,166,366TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,166,366PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$92,008CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$91,978CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$99,492CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$105,239CurrentTaxYearMinus1YearAmt
Current Tax Year$91,586CurrentTaxYearAmt
Total$480,303TotalAmt
FieldValueIRS element (for citing)
Total Support$1,646,669TotalSupportAmt
Public Support CY1700.70830PublicSupportCY170Pct
Public Support PY1700.78090PublicSupportPY170Pct
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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