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Nonprofiteer
← SLCC FOUNDATION

Form 990 for tax year 2022

Filed by SLCC FOUNDATION.

Totals

Total revenue
$1,601,296
Total expenses
$1,171,783
Contributions and grants received
$1,515,458
Grants paid
$913,369
Program service revenue
$0
Investment income
$85,838
Other revenue
$0
Total assets, end of year
$8,478,581
Total liabilities, end of year
$2,834,703
Net assets or fund balances, end of year
$5,643,878
Program services expenses (Part IX)
$921,496
Management and general expenses
$227,445
Fundraising expenses
$22,842
Program service expenses (Part III)
$921,496

Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,515,458

  • 3 · Investment income

    total $85,838 · excluded $85,838

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $586,441 · program services $586,441

  • 2 · Grants to domestic individuals

    total $326,928 · program services $326,928

  • 11g · Fees: other

    total $20,040 · management and general $20,040

  • 24a · Other expenses: ENDOWMENT EXPENSE

    total $82,892 · program services $4,329 · management and general $78,563

  • 24b · Other expenses: IN-KIND DONATIONS

    total $51,449 · management and general $51,449

  • 24c · Other expenses: STUDENT ACTIVITIES

    total $51,376 · program services $3,623 · management and general $47,753

  • 24d · Other expenses: ENDOWMENT POSTURING

    total $22,842 · fundraising $22,842

  • 24e · All other expenses

    total $29,815 · program services $175 · management and general $29,640

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $748,319 · end of year $580,115

  • 2 · Savings and temporary cash investments

    beginning of year $6,529,319

  • 7 · Other notes and loans receivable

    beginning of year $20,156 · end of year $12,286

  • 11 · Investments: publicly traded securities

    end of year $7,886,180

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,124 · end of year $363,553

  • 25 · Other liabilities

    beginning of year $2,173,727 · end of year $2,471,150

  • 27 · Net assets without donor restrictions

    beginning of year $204,735 · end of year $292,235

  • 28 · Net assets with donor restrictions

    beginning of year $4,826,208 · end of year $5,351,643

Mission and programs · 2022

Mission

TO IMPROVE THE QUALITY OF LIFE OF THE STATE'S CITIZENS THROUGH EDUCATIONAL PROGRAMS OFFERED THROUGH ITS COLLEGES. LCTCS STRIVES TO INCREASE THE OPPORTUNITIES FOR LOUISIANA'S WORKFORCE TO SUCCEED THROUGH SKILLS TRAINING PROGRAMS. AND, IT WORKS TO PROVIDE CITIZENS THE OPPORTUNITY TO LEARN CONTINUOUSLY. LCTCS IS COMMITTED TO TEACHING WHAT IS NEEDED, WHEN IT IS NEEDED, AND WHERE IT IS NEEDED WITHIN AVAILABLE RESOURCES.

  • THE MANAGEMENT OF PROPERTY AND INVESTMENTS OBTAINED THROUGH GIFTS, BEQUESTS, GRANTS AND PUBLIC SUPPORT TO SUPPLEMENT THE FUNDS AVAILABLE TO THE DISTRICT IV CAMPUSES OF THE LOUISIANA COMMUNITY AND TECHNICAL COLLEGE SYSTEM. SUCH FUNDS WILL BE USED FOR RESEARCH ACTIVITIES BY FACULTY, STAFF AND STUDENTS, AND FOR SCHOLARSHIPS, AND FOR THE OPERATIONAL NEEDS OF EACH CAMPUS.

    Expenses $921,496 · Grants $913,369

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anita Begnaud

    DIRECTOR

    Total calculated
    $0
  • Tina Shelvin Bingham

    DIRECTOR

    Total calculated
    $0
  • Monique Boulet

    DIRECTOR

    Total calculated
    $0
  • Andre Breaux

    TREASURER

    Total calculated
    $0
  • Cheryl Bartley

    DIRECTOR

    Total calculated
    $0
  • Gregory P Daigle

    PRESIDENT

    Total calculated
    $0
  • Ed Hebert

    DIRECTOR

    Total calculated
    $0
  • Corey Jack

    DIRECTOR

    Total calculated
    $0
  • Jeffery Jones

    DIRECTOR

    Total calculated
    $0
  • Dr Vincent June

    DIRECTOR

    Total calculated
    $0
  • Michelle Mahne Luquette

    SECRETARY

    Total calculated
    $0
  • Tim Marks

    DIRECTOR

    Total calculated
    $0
  • Paul Molbert

    DIRECTOR

    Total calculated
    $0
  • Raj Shetye

    DIRECTOR

    Total calculated
    $0
  • Rick Shrader

    DIRECTOR

    Total calculated
    $0
  • Jan Swift

    DIRECTOR

    Total calculated
    $0
  • Charletta Thomas

    DIRECTOR

    Total calculated
    $0
  • Tracy Wirtz

    DIRECTOR

    Total calculated
    $0
  • Michael Flash

    VICE PRESIDE

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • SOUTH LOUISIANA COMMUNITY COLLEGE

    $586,441

Provenance

Return type
form_990
Tax year
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202303049349300440

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