MUSCATINE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MUSCATINE COMMUNITY COLLEGE FOUNDATION (EIN 42-6067964)
Tax period
2011-07-01 to 2012-06-30
Filed
2012-11-13
IRS object ID
201203189349303630
Schema version
2011v1.2
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)
Timestamp2012-11-13T13:00:53-08:00Timestamp
Tax Period End Date2012-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1TDT FINANCIAL GROUP PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1500 CEDAR STAddressLine1
CityMUSCATINECity
StateIAState
ZIP Code52761ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN426067964EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITY COLLEGE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMUSCNameControl
Phone5632638250Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BARB COLLINS 152 COLORADO STREEAddressLine1
CityMUSCATINECity
StateIAState
ZIP Code52761ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameVIC MCAVOYName
TitleEXECUTIVE DIRECTORTitle
Phone5632638250Phone
Date Signed2012-10-25DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameVICKI BECKEY CPAName
Phone5632642727Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonGERALD DENNINGNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1115 E SECOND STAddressLine1
CityMUSCATINECity
StateIAState
ZIP Code52761ZIPCode
FieldValueIRS element (for citing)
Gross Receipts336975GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1961YearFormation
State Legal DomicileIAStateLegalDomicile
Activity Or Mission DescriptionCOLLEGE SCHOLARSHIPSActivityOrMissionDescription
Nbr Voting Members Governing Body13NbrVotingMembersGoverningBody
Nbr Independent Voting Members13NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers14TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year86002ContributionsGrantsPriorYear
Contributions Grants Current Year110088ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year225383InvestmentIncomePriorYear
Investment Income Current Year226887InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year311385TotalRevenuePriorYear
Total Revenue Current Year336975TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year265918GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY359763GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year20803OtherExpensePriorYear
Other Expenses Current Year21438OtherExpensesCurrentYear
Total Expenses Prior Year286721TotalExpensesPriorYear
Total Expenses Current Year381201TotalExpensesCurrentYear
Revenues Less Expenses Prior Year24664RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-44226RevenuesLessExpensesCY
Total Assets BOY8591579TotalAssetsBOY
Total Assets EOY8727871TotalAssetsEOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY8591579NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY8727871NetAssetsOrFundBalancesEOY
Mission DescriptionCOLLEGE SCHOLARSHIPSMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense359763Expense
Grants359763Grants
Revenue336975Revenue
DescriptionPROVIDES SCHOLARSHIPS TO STUDENTS ATTENDING MUSCATINE COMMUNITY COLLEGE.Description
Total Program Service Expense359763TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members13NbrVotingGoverningBodyMembers
Number Independent Voting Members13NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonTDT FINANCIAL GROUPNamePerson
Telephone Number5632642727TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1500 CEDAR STAddressLine1
CityMUSCATINECity
StateIAState
ZIP Code52761ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationIndividual Trustee Or DirectorIndividualTrusteeOrDirector
GERALD DENNING
PRESIDENT0.00X000
PAUL STAMLER JR
VICE PRESIDENT0.00X000
JERRY PAGE
SECRETARY0.00X000
JAY LOGEL
DIRECTOR0.00000X
ALICIA BULL
DIRECTOR0.00000X
JOANN ALLBEE
DIRECTOR0.00000X
GARY CARLSON
DIRECTOR0.00000X
DIANA GRADERT
DIRECTOR0.00000X
JONI AXEL
DIRECTOR0.00000X
JOHN EICHELBERGER
DIRECTOR0.00000X
HELEN HOWE
DIRECTOR0.00000X
CECIL VANDYGRIFF
TREASURER0.00X000
DON CARVER
HONORARY0.00000X
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions110088AllOtherContributions
Total Contributions110088TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column226887TotalRevenueColumn
Exclusion$226,887ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column336975TotalRevenueColumn
Exclusion$226,887ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total359763Total
Program Services359763ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total5573Total
Program Services0ProgramServices
Management And General5573ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total10703Total
Program Services0ProgramServices
Management And General10703ManagementAndGeneral
Fundraising0Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total671Total
Program Services0ProgramServices
Management And General671ManagementAndGeneral
Fundraising0Fundraising

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUSDescription
Total4491Total
Program Services0ProgramServices
Management And General4491ManagementAndGeneral
Fundraising0Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total381201Total
Program Services359763ProgramServices
Management And General21438ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6391BOY
EOY41987EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY12500BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY8572688BOY
EOY8685884EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY8591579BOY
EOY8727871EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-33111BOY
EOY-1298EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3477695BOY
EOY3567376EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5146995BOY
EOY5161793EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY8591579BOY
EOY8727871EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY8591579BOY
EOY8727871EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-44226ReconcilationRevenueExpenses
Reconcilation Other Changes180518ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College Support Org170b1 AivXCollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years719279CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years183780CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years127222CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year86002CurrentTaxYearMinus1Year
Current Tax Year110088CurrentTaxYear
Total1226371Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years719279CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years183780CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years127222CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year86002CurrentTaxYearMinus1Year
Current Tax Year110088CurrentTaxYear
Total1226371Total
FieldValueIRS element (for citing)
Public Support Total1701226371PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years512576CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years266414CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years266182CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year225383CurrentTaxYearMinus1Year
Current Tax Year226887CurrentTaxYear
Total1497442Total
FieldValueIRS element (for citing)
Total Support2723813TotalSupport
Public Support Pertcentage1700.45020PublicSupportPertcentage170
Public Support Pertcent Prior Year0.59090PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170
Public Support Total5090PublicSupportTotal509
Public Support Percentage5090PublicSupportPercentage509
Investment Income Percentage0InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance8624690BeginningOfYearBalance
Contributions87796Contributions
Investment Earnings Or Losses16683InvestmentEarningsOrLosses
End Of Year Balance8729169EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance7650292BeginningOfYearBalance
Contributions84940Contributions
Investment Earnings Or Losses889458InvestmentEarningsOrLosses
End Of Year Balance8624690EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance6658492BeginningOfYearBalance
Contributions126146Contributions
Investment Earnings Or Losses865654InvestmentEarningsOrLosses
End Of Year Balance7650292EndOfYearBalance
FieldValueIRS element (for citing)
Endowments Held By Unrelated OrgstrueEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR
Total Revenue336975TotalRevenue
Total Expenses381201TotalExpenses
Excess Or Deficit For Year-44226ExcessOrDeficitForYear
Net Unrealized GL On Investments180518NetUnrealizedGLOnInvestments
Total Adjustments180518TotalAdjustments
Excess Or Deficit Per FS136292ExcessOrDeficitPerFS

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)

IdentifierIdentifierExplanationExplanation
Pt I Line 2GRANT FUNDS ARE GIVEN THROUGH GRANT PROPOSALS THAT HAVE BEEN SUBMITTED
Pt I Line 2BY THE COLLEGE STAFF. THE FUNDS ARE HELD BY THE FOUNDATION UNTIL THE
Pt I Line 2COLLEGE STAFF SUBMITS AN INVOICE.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifierExplanationExplanation
Pt VI, Line 11aTHE FINANCE COMMITTEE REVIEW THE FORM 990 WITH THE PREPARER.
Pt VI, Line 12cTHE FINANCE COMMITTEE MONITORS AND ENFORCES THE COMPLIANCE WITH THE POLICY.
Pt XILINE 5 UNREALIZED GAIN ON INVESTMENTS

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1MUSCATINE COMMUNITY COLLEGEBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1152 COLORADO STAddressLine1
CityMUSCATINECity
StateIAState
ZIP Code52761ZIPCode
FieldValueIRS element (for citing)
EIN426067964EIN
Primary ActivitiesEDUCATIONPrimaryActivities
Legal Domicile StateIALegalDomicileState
Exempt Code Section501c3ExemptCodeSection
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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