2017-10-11T07:41:00-05:00 2017-06-30 521224986 PKS & COMPANY PA 1801 SWEETBAY DRIVE SALISBURY MD 21804 990 2016-07-01 521264019 WOR-WIC COMMUNITY COLLEGE FOUNDATION INC WOR- 4103342914 32000 CAMPUS DRIVE SALISBURY MD 21804 MIKE INFURNARI EXECUTIVE DIRECTOR 4103342914 2017-10-04 1 JOHN M STERN CPA P00000490 4105465600 50.200.59.38 2017-10-04 10:35:44 ED P 6FE88B5B624F3BB34360BFFFD88479F42C9F3B22 98904D4D71504B19BBB9D59DBC386E78E26D4D13 2016 2021-01-29 14:40:06Z MIKE INFURNARI 32000 CAMPUS DRIVE SALISBURY MD 21804 306433 0 X WWW.WORWIC.EDU/ABOUT/FOUNDATION.ASPX X 1981 MD NOT FOR PROFIT ORGANIZATION ESTABLISHED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT WOR-WIC COMMUNITY COLLEGE. 20 20 0 0 0 0 294035 218707 0 0 24224 20944 66953 53104 385212 292755 653457 540751 0 0 0 0 0 0 0 87867 97077 741324 637828 -356112 -345073 13544470 14339626 247565 4463 13296905 14335163 CHARITABLE AND EDUCATIONAL PURPOSES TO BENEFIT WOR-WIC COMMUNITY COLLEGE 0 0 303864 303864 THE FOUNDATION PROVIDED FUNDING TO WOR-WIC COMMUNITY COLLEGE TO PROVIDE STUDENTS WITH SCHOLARSHIPS IN ORDER TO FURTHER THEIR EDUCATION. 233930 233930 THE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO VARIOUS DEPARTMENTS OF WOR-WIC COMMUNITY COLLEGE. 2957 2957 THE FOUNDATION PROVIDES EMERGENCY RELIEF TO WOR-WIC COMMUNITY COLLEGE STUDENTS AND EMPLOYEES IN NEED OF IMMEDIATE FINANCIAL ASSISTANCE. 540751 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 MD X MANAGEMENT 4103342800 32000 CAMPUS DRIVE SALISBURY MD 21804 X STACEY HART CHAIRPERSON 1.00 X X 0 0 0 DR BRIAN DESAULNIERS VICE CHAIRPERSON 1.00 X X 0 0 0 PAT O'MALLEY SECRETARY 1.00 X X 0 0 0 JOHN KILIAN TREASURER 1.00 X X 0 0 0 GREG BARFIELD DIRECTOR 1.00 X 0 0 0 WILL CATHELL DIRECTOR 1.00 X 0 0 0 MARIA CURTIS DIRECTOR 1.00 X 0 0 0 STEVE MARTIN DIRECTOR 1.00 X 0 0 0 GALEN GARDNER DIRECTOR 1.00 X 0 0 0 ANNA NEWTON DIRECTOR 1.00 X 0 0 0 MAUREEN HOWARTH DIRECTOR 1.00 X 0 0 0 LOUDELL INSLEY DIRECTOR 1.00 X 0 0 0 KATHLEEN ABERCROMBIE DIRECTOR 1.00 X 0 0 0 BETH REID DIRECTOR 1.00 X 0 0 0 LISA RINNIER DIRECTOR 1.00 X 0 0 0 JOE WRIGHT DIRECTOR 1.00 X 0 0 0 DR RAY HOY EX-OFFICIO 1.00 X 0 0 0 DR REENIE MCCORMICK EX-OFFICIO 7.00 X 0 0 0 JOEY GILKERSON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER MANCINI DIRECTOR 1.00 X 0 0 0 MIKE INFURNARI EXECUTIVE DIRECTOR 7.00 X 0 0 0 0 0 0 0 0 0 0 0 218707 218707 20944 20944 66782 13678 53104 53104 292755 20944 0 53104 537794 537794 2957 2957 5000 5000 85957 85957 1433 1433 1244 1244 BANK CHARGES 1743 1743 BAD DEBT 1500 1500 STATE REGISTRATION 200 200 637828 540751 97077 0 516505 77440 1999374 2250507 183157 51685 10845434 11959994 13544470 14339626 10125 224211 13229 4463 247565 4463 X 4955985 5049735 2615492 3552631 5725428 5732797 13296905 14335163 13544470 14339626 -345073 1383331 0 X X 0 1 X 1 0 X 2466201 2511864 259050 294035 218707 5749857 2466201 2511864 259050 294035 218707 5749857 3577769 2172088 32456 37339 35025 24224 20944 149988 12762 15837 26596 66953 53104 175252 6075097 0.35750 0.44190 X PART II, SECTION B, LINE 10 NET INCOME FROM SPECIAL EVENTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10845434 61038 1383331 243852 85957 11959994 10252492 957558 -90089 197768 76759 10845434 9715938 860944 -64188 184089 76113 10252492 6786793 1675794 1486639 169933 63355 9715938 4882803 1351667 755873 161301 42249 6786793 0.30130 0.47890 0.21980 1 0 0 INVESTMENT AT THE COMMUNITY FOUNDATION OF THE EASTERN SHORE 11959994 11959994 DUE TO COMMUNITY FOUNDATION OF THE EASTERN SHORE 4463 4463 X 1676086 1383331 1383331 292755 0 292755 637828 0 637828 0 637828 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING WOR-WIC COMMUNITY COLLEGE. PART X, LINE 2: THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 5K RUN/WALK 22185 22185 126 168 1846 GOLF TOURNAMENT 44597 44597 2983 8555 66782 66782 126 3151 10401 13678 53104 1 WOR-WIC COMMUNITY COLLEGE 32000 CAMPUS DR SALISBURY MD 21804 521048147 537794 PROVIDE FINANCIAL ASSISTANCE TO THE COLLEGE AND PROVIDE FUNDS FOR SCHOLARSHIPS TO STUDENTS. 1 PART I, LINE 2: THE FOUNDATION EXISTS TO SUPPORT WOR-WIC COMMUNITY COLLEGE. THROUGH COMMON MANAGEMENT AND ACCOUNTING, THE FOUNDATION'S GRANTS TO THE COLLEGE ARE SUBSTANTIATED THROUGH PROPER CHANNELS AND WITH THE REQUIRED CRITERIA FOR EACH SCHOLARSHIP AND/OR FUNDING. FORM 990, PART VI, SECTION A, LINE 8B MINUTES ARE KEPT OF EVERY BOARD MEETING AND ARE KEPT AT THE WOR-WIC COMMUNITY COLLEGE BUILDING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE AUDITORS AND REVIEWED BY THE FOUNDATION'S MANAGEMENT BEFORE BEING FINALIZED. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. WOR-WIC COMMUNITY COLLEGE 32000 CAMPUS DRIVE SALISBURY MD 21804 521048147 COMMUNITY COLLEGE MD GOVERNMENTAL UNIT N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 WOR-WIC COMMUNITY COLLEGE O 20218 HRLY WAGE MULTIPLIED BY FND HOURS