2025-10-28T16:52:19-05:00 2025-06-30 460403496 CASEY PETERSON LTD 909 ST JOSEPH ST STE 101 RAPID CITY SD 57701 990 2024-07-01 237352673 CHADRON STATE FOUNDATION CHAD 3084326361 1000 MAIN STREET CHADRON NE 69337 SCOTT KRUGER CEO 3084326361 2025-10-28 1 1 DEIDRE BUDAHL CPA P01273830 6053481930 2025-10-28 2024 2025-03-06 01:10:19Z SCOTT KRUGER 1000 MAIN STREET CHADRON NE 69337 4219957 0 X WWW.CSC.EDU/FOUNDATION X 1963 NE THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. 17 17 0 0 0 0 1617855 2558279 0 0 1031379 1648693 -7972 -20645 2641262 4186327 1347312 1144418 0 0 502818 0 0 0 230208 312657 757237 2162787 1901655 478475 2284672 34287280 39109031 1110043 1108016 33177237 38001015 X THE CHADRON STATE FOUNDATION IS DEDICATED TO ENHANCING CHADRON STATE COLLEGE'S ABILITY TO MEET ITS PRIMARY EDUCATIONAL MISSION IN WESTERN NEBRASKA. THE FOUNDATION SUPPORTS SCHOLARSHIP PROGRAMS FOR THE COLLEGE AND UNDERTAKES FUNDRAISING ACTIVITY WHICH PROVIDE RESOURCES VITAL TO THE MISSION OF CHADRON STATE COLLEGE IN THE AREAS OF INSTRUCTION, RESEARCH, AND SERVICE. THE FOUNDATION RECOGNIZES THE GENEROSITY OF DONORS WHO, ACTING INDIVIDUALLY OR AS MEMBERS OF A GROUP, PROVIDE CHADRON STATE AN ALL IMPORTANT MARGIN OF EXCELLENCE AS IT CONTINUES TO MEET THE EDUCATIONAL, ECONOMIC, AND CULTURAL NEEDS OF WESTERN NEBRASKA BOTH TODAY AND WELL INTO THE FUTURE. 0 0 1366547 1144418 THE FOUNDATION PROVIDES SUPPORT TO CHADRON STATE COLLEGE THROUGH SCHOLARSHIPS AND AWARDS TO THE STUDENTS OF THE COLLEGE AND PROVIDES INSTITUTIONAL SUPPORT OF MANAGEMENT AND SPECIAL PROJECTS RELATED TO THE COLLEGE. 1366547 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NE X THE ORGANIZATION 3084326361 1000 MAIN STREET CHADRON NE 69337 JOANNE OWENS-NAUSLER CHAIR 1.00 X X 0 0 0 JENNIFER BARP VICE-CHAIR 1.00 X X 0 0 0 CHERYL EMANUEL SECRETARY 1.00 X X 0 0 0 ROB BILA TREASURER 1.00 X X 0 0 0 MARK BROHMAN BOARD MEMBER 1.00 X 0 0 0 DAWSON BRUNSWICK BOARD MEMBER 1.00 X 0 0 0 LISA CARDER BOARD MEMBER 1.00 X 0 0 0 CASEY CORTNEY BOARD MEMBER 1.00 X 0 0 0 RANDY CULLERS BOARD MEMBER 1.00 X 0 0 0 JANICE ERWIN BOARD MEMBER 1.00 X 0 0 0 JIM GRIMES BOARD MEMBER 1.00 X 0 0 0 MARY LECHER BOARD MEMBER 1.00 X 0 0 0 RODD RICKENBACH BOARD MEMBER 1.00 X 0 0 0 SAMI SEGELKE BOARD MEMBER 1.00 X 0 0 0 JOHN SMITH BOARD MEMBER 1.00 X 0 0 0 TIFFANY SMITH BOARD MEMBER 1.00 X 0 0 0 JUSTIN WILLIAMSON BOARD MEMBER 1.00 X 0 0 0 SCOTT KRUGER CEO (BEG. MAR 2025) 40.00 X X 0 0 0 BEN WATSON CEO (TERMED OCT 2024) 40.00 X 0 108331 30661 CRICKET HAAG CONTROLLER 40.00 X 0 83055 43295 0 191386 73956 0 0 0 0 0 31452 246625 2280202 2558279 938032 938032 15101 -15101 -15101 -15101 710661 0 710661 710661 710661 9831 31452 18529 -8698 -8698 MISCELLANEOUS 900099 3154 3154 3154 4186327 -15101 0 1643149 X 91343 91343 1053075 1053075 485 485 22911 22911 52953 52953 476155 120166 203148 152841 3144 2035 1109 70442 33034 7678 29730 39781 15622 8537 15622 18728 11802 2904 4022 1072 615 457 PRINTING 32424 16165 15 16244 PRESIDENTIAL SUPPORT 15475 13742 1733 0 EVENTS AND ENTERTAINMEN 12850 5513 1591 5746 MISCELLANEOUS 5053 2755 2298 0 5764 680 190 4894 1901655 1366547 304900 230208 1152354 1133625 206045 297923 21767 22459 415597 104297 317259 311300 32546417 37297291 43438 46433 34287280 39109031 43352 39762 999733 981834 66958 86420 1110043 1108016 X 4567894 5479657 28609343 32521358 33177237 38001015 34287280 39109031 2284672 2539106 0 X X 0 1 X 1 0 X 2156090 2332092 1860324 1617855 2558279 10524640 2156090 2332092 1860324 1617855 2558279 10524640 1259677 9264963 553748 524648 718563 772756 938032 3507747 80067 113907 44041 33216 3154 274385 14306772 0.64760 0.68560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 31219078 1940340 3697220 722795 594286 35539557 27881454 1417203 3158533 721568 516544 31219078 25406144 977661 2547706 577307 472750 27881454 27847679 1352329 -2581326 711240 501298 25406144 21074443 1043431 6577471 413682 433984 27847679 0.09790 0.62570 0.27640 0 0 86100 86100 232400 7200 225200 97097 97097 0 311300 X 6704258 2539106 2539106 4165152 52953 -31778 21175 4186327 1880480 0 1880480 52953 -31778 21175 1901655 PART III, LINE 1A: THE FOUNDATION HAS A COLLECTION OF ARTWORK AND OTHER MEMORIBILIA THAT WAS DONATED BY SEVERAL SUPPORTERS OF CHADRON STATE COLLEGE. THE COLLECTION IS ON DISPLAY AND IS AVAILABLE TO THOSE WHO ARE INTERESTED IN STUDYING NEBRASKA STATE HISTORY. THE FOUNDATION HAS TAKEN STEPS TO ENSURE THAT THE COLLECTION IS PROTECTED AND PRESERVED. COLLECTION ITEMS ACQUIRED THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED TO PURCHASE ADDITIONAL COLLECTION ITEMS. PART V, LINE 4: ENDOWMENT FUNDS ARE HELD TO BE USED IN ACCORDANCE WITH DONOR WISHES. THE AUDITED FINANCIAL STATEMENTS OUTLINE ENDOWMENT INVESTMENT AND SPENDING POLICIES. EARNINGS ON ENDOWMENTS ARE USED TO FUND SCHOLARSHIPS TO STUDENTS OR SUPPORT TO COLLEGE DEPARTMENTS AS DESIRED BY THE DONORS. TEMPORARILY RESTRICTED ENDOWMENTS ARE BEING HELD UNTIL A POINT IN TIME OR PURPOSE IS ACCOMPLISHED AT WHICH TIME THEY WILL BE SPENT ON DONOR INTENDED PURPOSES. PART X, LINE 2: AS OF JUNE 30, 2025, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAX AUTHORITIES. THE FOUNDATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR FISCAL YEARS BEFORE 2022. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. INTEREST AND PENALTIES ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, ARE INCLUDED IN INTEREST EXPENSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 -16,677. RENTAL EXPENSES NETTED AGAINST REVENUE ON 990 -15,101. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON 990 -16,677. RENTAL EXPENSES NETTED AGAINST REVENUE ON 990 -15,101. GOLF CLASSIC 26575 21876 4699 25 4135 539 7874 WHEN EAGLES DARE 14708 9576 5132 5132 824 41283 31452 9831 25 4135 5671 8698 18529 -8698 1 CHADRON STATE COLLEGE 100 MAIN STREET CHADRON NE 69337 470491233 N/A 91343 0 EDUCATION MISSION 1 0 SCHOLARSHIP AWARDS 583 1053075 PART I, LINE 2: COLLEGE FINANCIAL AID STAFF MAKE AWARDS TO STUDENTS BASED ON CRITERIA ESTABLISHED BY THE DONORS. THE FOUNDATION PROVIDES ELIGIBLE DISTRIBUTION AMOUNTS TO THE COLLEGE STAFF. COLLEGE STAFF MONITOR AWARDS TO ENSURE STUDENT MEET ESTABLISHED CRITERIA. FORM 990, PART VI, SECTION B, LINE 11B A THIRD-PARTY CPA PREPARED THE 990, WHICH WAS THEN REVIEWED BY MANAGEMENT AND THE BOARD, PRIOR TO THE BOARD APPROVING THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES ARE REVIEWED BY THE EXECUTIVE COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 FOLLOWING THE NEBRASKA STATE COLLEGE SYSTEM PROFESSIONAL ASSOCIATION GUIDELINE SALARY RANGE, THE EXECUTIVE DIRECTOR HAS AN EVAULATION DONE EACH YEAR BY THE PERSONNEL COMMITTEE OF THE CHADRON STATE FOUNDATION. THE EXECUTIVE DIRECTOR EVALUATES THE BUSINESS MANAGER AND DIRECTOR OF MAJOR GIFTS EACH YEAR. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST AND ON THE CHADRON STATE COLLEGE WEBSITE. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200. CONTRACT STAFFING: PROGRAM SERVICE EXPENSES 119,966. MANAGEMENT AND GENERAL EXPENSES 203,148. FUNDRAISING EXPENSES 152,841. TOTAL EXPENSES 475,955. 990 PART XII LINE 2C THE ORGANIZATION HAS NOT CHANGED THE PROCESS FOR OVERSIGHT OF THE AUDITOR. THE BOARD OF DIRECTORS SELECTS AN AUDITOR AND OVERSEES THE PROCESS. CHADRON STATE COLLEGE 1000 MAIN STREET CHADRON NE 69337 470491233 EDUCATION NE N/A N/A N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CHADRON STATE COLLEGE C 207962 AMOUNT PAID BY CSC CHADRON STATE COLLEGE B 91343 AMOUNT PAID TO CSC