Form 990 for tax year 2025
Filed by COUNCIL OF INDEPENDENT NEBRASKA COLLEGES FOUNDATION.
Totals
- Total revenue
- $1,004,190
- Total expenses
- $828,945
- Contributions and grants received
- $225,090
- Grants paid
- $0
- Program service revenue
- $296,400
- Investment income
- $477,253
- Other revenue
- $5,447
- Total assets, end of year
- $6,837,201
- Total liabilities, end of year
- $150,967
- Net assets or fund balances, end of year
- $6,686,234
- Program services expenses (Part IX)
- $540,884
- Management and general expenses
- $125,579
- Fundraising expenses
- $162,482
- Program service expenses (Part III)
- $540,884
Program services were 65.2% 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.
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1d · Related organizations
$16,300
-
1e · Government grants (contributions)
$45,000
-
1f · All other contributions, gifts and grants
$163,790
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2a · Program service revenue: MEMBER ASSESSMENTS
total $296,400 · related or exempt $296,400
-
3 · Investment income
total $165,990 · excluded $165,990
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7a · Gross sales of assets other than inventory
securities $2,002,150
-
7b · Less cost or other basis and sales expenses
securities $1,690,887
-
7c · Gain or loss
securities $311,263
-
7d · Net gain or loss
total $311,263 · excluded $311,263
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11a · Other revenue: MISCELLANEOUS REVENUE
total $5,447 · related or exempt $5,447
-
11e · Other revenue, total
$5,447
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $450,315 · program services $450,315
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5 · Compensation of officers, directors and key employees
total $226,615 · program services $45,323 · management and general $56,654 · fundraising $124,638
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8 · Pension plan contributions
total $5,399 · program services $1,080 · management and general $1,350 · fundraising $2,969
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9 · Other employee benefits
total $36,769 · program services $7,354 · management and general $9,192 · fundraising $20,223
-
10 · Payroll taxes
total $19,420 · program services $3,884 · management and general $4,855 · fundraising $10,681
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11c · Fees: accounting
total $7,877 · management and general $7,877
-
11f · Fees: investment management
total $28,877 · management and general $28,877
-
12 · Advertising and promotion
total $766 · program services $306 · fundraising $460
-
13 · Office expenses
total $8,908 · management and general $8,908
-
16 · Occupancy
total $2,273 · management and general $2,273
-
17 · Travel
total $1,229 · management and general $1,229
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19 · Conferences, conventions and meetings
total $6,384 · program services $1,277 · management and general $1,596 · fundraising $3,511
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23 · Insurance
total $2,768 · management and general $2,768
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24a · Other expenses: SPECIAL PROGRAM
total $16,713 · program services $16,713
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24b · Other expenses: DELEGATE EXPENSES
total $7,807 · program services $7,807
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24c · Other expenses: ASSESSMENT
total $6,825 · program services $6,825
Balance sheet
Part X, book values.
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1 · Cash, non-interest-bearing
beginning of year $158,573 · end of year $144,058
-
2 · Savings and temporary cash investments
beginning of year $1,661,069 · end of year $515,069
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3 · Pledges and grants receivable
beginning of year $15,300 · end of year $21,250
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4 · Accounts receivable
beginning of year $4,815 · end of year $4,336
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9 · Prepaid expenses and deferred charges
beginning of year $4,785 · end of year $5,013
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11 · Investments: publicly traded securities
beginning of year $4,492,870 · end of year $6,147,475
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17 · Accounts payable and accrued expenses
beginning of year $111,104 · end of year $126,967
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19 · Deferred revenue
beginning of year $17,100 · end of year $24,000
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27 · Net assets without donor restrictions
beginning of year $972,719 · end of year $1,337,337
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28 · Net assets with donor restrictions
beginning of year $5,236,489 · end of year $5,348,897
Mission and programs · 2025
Mission
THE COUNCIL OF INDEPEPENDENT NEBRASKA COLLEGES FOUNDATION EXISTS TO PROVIDE OPERATING FUNDS AND SCHOLARSHIP SUPPORT FOR STUDENTS ATTENDING NEBRASKA'S INDEPENDENT INSTITUTIONS OF EXCELLENCE.
Activities or mission (Part I)
TO ENHANCE, PROMOTE AND SOLICIT SUPPORT FOR FOUNDATION MEMBERS AND NEBRASKA INDEPENDENT COLLEGES.
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PROVIDE FINANCIAL, OPERATING, AND SCHOLARSHIP SUPPORT FOR INDEPENDENT COLLEGES AND UNIVERSITIES IN NEBRASKA.(A) TO ENHANCE AND PROMOTE INDEPENDENT, NOT-FOR-PROFIT HIGHER EDUCATION IN NEBRASKA;(B) TO BE A COLLECTIVE VOICE FOR EXCELLENCE AND CHOICE IN HIGHER EDUCATION FOR ALL STUDENTS;(C) TO CONDUCT PUBLIC POLICY ADVOCACY THAT HELPS FURTHER ACHIEVEMENT OF CORPORATION'S CHARITABLE PURPOSES AND MISSION;(D) TO GATHER AND DISSEMINATE INFORMATION AND RESERACH ABOUT THE PERFORMANCE AND CONTRIBUTIONS OF THE INDEPENDENT, NOT-FOR-PROFIT COLLEGES AND UNIVERSITIES IN THE STATE OF NEBRASKA;(E) TO BE A SOURCE OF SUPPLEMENTAL FINANCIAL SUPPORT FOR STUDENTS OF THE MEMBERS;(F) TO EXPLORE AND ASSIST WITH CONSORTIUM GRANT APPLICATIONS FOR MEMBERS TO ADVANCE THEIR MISSIONS; AND(G) TO EXPLORE AND ASSIST IN DEVELOPING COLLABORATIVE SERVICES, SUCH AS GROUP PURCHASING OR SHARED SERVICES AMONG MEMBERS.
Expenses $540,884 · Revenue $301,847
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Aly WilliamsALY WILLIAMS
BOARD SECRETARY FROM 4/25
- Total calculated
- $293,842
- From this org
- $0
- From related orgs
- $274,748
- Other
- $19,094
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $200,529 related
- Bonus
- $0 + $72,173 related
- Other
- $0 + $2,046 related
- Deferred
- $0 + $5,700 related
- Nontaxable benefits
- $0 + $13,394 related
- Filer's total
- $0 + $293,842 related
-
Andreia NebelANDREIA NEBEL
DIRECTOR
- Total calculated
- $347,793
- From this org
- $0
- From related orgs
- $320,385
- Other
- $27,408
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $320,385 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $1,939 related
- Nontaxable benefits
- $0 + $25,469 related
- Filer's total
- $0 + $347,793 related
-
Bernard BullBERNARD BULL
DIRECTOR
- Total calculated
- $212,474
- From this org
- $0
- From related orgs
- $131,140
- Other
- $81,334
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $131,140 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $16,832 related
- Nontaxable benefits
- $0 + $64,502 related
- Filer's total
- $0 + $212,474 related
-
Daniel Hendrickson SjDANIEL HENDRICKSON SJ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5 + 1.5 related
-
Deb CarlsonDEB CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5 + 1.5 related
-
Dr Darrin GoodDR DARRIN GOOD
CHAIR
- Total calculated
- $408,637
- From this org
- $0
- From related orgs
- $378,457
- Other
- $30,180
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $314,330 related
- Bonus
- $0
- Other
- $0 + $64,127 related
- Deferred
- $0 + $17,500 related
- Nontaxable benefits
- $0 + $12,680 related
- Filer's total
- $0 + $408,637 related
-
Heather SmithHEATHER SMITH
DIRECTOR
- Total calculated
- $358,285
- From this org
- $0
- From related orgs
- $336,300
- Other
- $21,985
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $336,300 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $16,815 related
- Nontaxable benefits
- $0 + $5,170 related
- Filer's total
- $0 + $358,285 related
-
Jared StarkJARED STARK
DIRECTOR UNTIL 7/25
- Total calculated
- $100,125
- From this org
- $0
- From related orgs
- $100,125
- Other
- $0
- Hours/week
- 1.5 + 1.5 related
-
Jody HornerJODY HORNER
SECRETARY UNTIL 4/25
- Total calculated
- $146,666
- From this org
- $0
- From related orgs
- $136,774
- Other
- $9,892
- Hours/week
- 1.5 + 1.5 related
-
Kelsi AndersonKELSI ANDERSON
DIRECTOR
- Total calculated
- $281,737
- From this org
- $0
- From related orgs
- $246,090
- Other
- $35,647
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $211,440 related
- Bonus
- $0 + $27,467 related
- Other
- $0 + $7,183 related
- Deferred
- $0 + $12,236 related
- Nontaxable benefits
- $0 + $23,412 related
- Filer's total
- $0 + $281,738 related
-
Mary HawkinsMARY HAWKINS
DIRECTOR
- Total calculated
- $607,380
- From this org
- $0
- From related orgs
- $578,674
- Other
- $28,706
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $512,876 related
- Bonus
- $0 + $65,798 related
- Other
- $0
- Deferred
- $0 + $28,000 related
- Nontaxable benefits
- $0 + $706 related
- Filer's total
- $0 + $607,380 related
-
Randy KoskiRANDY KOSKI
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Richard LloydRICHARD LLOYD
DIRECTOR
- Total calculated
- $275,385
- From this org
- $0
- From related orgs
- $257,684
- Other
- $17,701
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $256,241 related
- Bonus
- $0 + $54 related
- Other
- $0 + $1,389 related
- Deferred
- $0 + $6,413 related
- Nontaxable benefits
- $0 + $11,288 related
- Filer's total
- $0 + $275,385 related
-
Roger HughesROGER HUGHES
DIRECTOR
- Total calculated
- $461,216
- From this org
- $0
- From related orgs
- $409,702
- Other
- $51,514
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $391,033 related
- Bonus
- $0 + $15,000 related
- Other
- $0 + $3,669 related
- Deferred
- $0 + $21,054 related
- Nontaxable benefits
- $0 + $30,460 related
- Filer's total
- $0 + $461,216 related
-
Steven RitzmanSTEVEN RITZMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Yamileth BazanYAMILETH BAZAN
DIRECTOR
- Total calculated
- $196,800
- From this org
- $0
- From related orgs
- $182,764
- Other
- $14,036
- Hours/week
- 1.5 + 1.5 related
Schedule J breakdown matched by us
- Base
- $0 + $177,724 related
- Bonus
- $0
- Other
- $0 + $5,040 related
- Deferred
- $0 + $14,036 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $196,800 related
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Tim WestbrookTIM WESTBROOK
DIRECTOR FROM 7/25
- Total calculated
- $117,420
- From this org
- $0
- From related orgs
- $108,085
- Other
- $9,335
- Hours/week
- 1.5 + 1.5 related
-
Treva HaugaardTREVA HAUGAARD
EXECUTIVE DIRECTOR
- Total calculated
- $226,615
- From this org
- $222,662
- From related orgs
- $0
- Other
- $3,953
- Hours/week
- 40 + 4 related
Schedule J breakdown matched by us
- Base
- $222,662
- Bonus
- $0
- Other
- $0
- Deferred
- $3,953
- Nontaxable benefits
- $0
- Filer's total
- $226,615
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
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CINC DBA COUNCIL OF INDEPENDENT NEBRASKA COLLEGES
501(C)(4) · FOSTER THE GROWTH AND DEVELOPMENT OF INDEPENDENT COLLEGES AND UNIVERSITIES · NE · controlled entity
Directly controlled by COUNCIL OF INDEPENDENT NEBRASKA COLLEGES FOUNDATION
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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BRYAN COLLEGE OF HEALTH SCIENCES
501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
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501(C)(3) · POST-SECONDARY EDUCATION · NE
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 21 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202621129349300807
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