Form 990 for tax year 2024
Filed by GREEN RIVER COLLEGE FOUNDATION.
Totals
- Total revenue
- $5,540,399
- Total expenses
- $4,261,813
- Contributions and grants received
- $1,049,906
- Grants paid
- $974,589
- Program service revenue
- $3,502,076
- Investment income
- $869,320
- Other revenue
- $119,097
- Total assets, end of year
- $42,131,890
- Total liabilities, end of year
- $10,539,927
- Net assets or fund balances, end of year
- $31,591,963
- Program services expenses (Part IX)
- $3,834,025
- Management and general expenses
- $203,820
- Fundraising expenses
- $223,968
- Program service expenses (Part III)
- $3,834,025
Program services were 90.0% 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.
-
1a · Federated campaigns
$115,000
-
1f · All other contributions, gifts and grants
$934,906
-
1g · Noncash contributions included above
$47,656
-
2a · Program service revenue: GHC STUDENT VILLAGE LLC
total $3,292,277 · related or exempt $3,292,277 · unrelated business $0 · excluded $0
-
2b · Program service revenue: ENUMCLAW CAMPUS
total $129,923 · related or exempt $129,923 · unrelated business $0 · excluded $0
-
2c · Program service revenue: GATOR BOOSTER
total $42,118 · related or exempt $42,118 · unrelated business $0 · excluded $0
-
2d · Program service revenue: CAMPUS PROGRAMS
total $37,758 · related or exempt $37,758 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $789,261 · related or exempt $0 · unrelated business $0 · excluded $789,261
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $655,059 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $575,000 · other assets $0
-
7c · Gain or loss
securities $80,059 · other assets $0
-
7d · Net gain or loss
total $80,059 · related or exempt $0 · unrelated business $0 · excluded $80,059
-
11a · Other revenue: GRCC STUDENT VILLAGE MISC
total $119,097 · related or exempt $119,097 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$119,097
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $974,589 · program services $974,589
-
7 · Other salaries and wages
total $685,461 · program services $557,553 · management and general $8,000 · fundraising $119,908
-
11a · Fees: management
total $160,000 · program services $0 · management and general $160,000 · fundraising $0
-
11b · Fees: legal
total $4,454 · program services $0 · management and general $4,454 · fundraising $0
-
11c · Fees: accounting
total $47,499 · program services $1,398 · management and general $46,101 · fundraising $0
-
11f · Fees: investment management
total $382 · program services $382 · management and general $0 · fundraising $0
-
11g · Fees: other
total $12,839 · program services $756 · management and general $4,079 · fundraising $8,004
-
12 · Advertising and promotion
total $36,395 · program services $6,924 · management and general $1,660 · fundraising $27,811
-
13 · Office expenses
total $82,569 · program services $60,544 · management and general $2,773 · fundraising $19,252
-
14 · Information technology
total $50,437 · program services $0 · management and general $4,641 · fundraising $45,796
-
16 · Occupancy
total $838,179 · program services $838,179 · management and general $0 · fundraising $0
-
17 · Travel
total $31,435 · program services $27,722 · management and general $2,465 · fundraising $1,248
-
20 · Interest
total $561,193 · program services $560,409 · management and general $357 · fundraising $427
-
22 · Depreciation, depletion and amortization
total $619,918 · program services $619,918 · management and general $0 · fundraising $0
-
23 · Insurance
total $171,806 · program services $156,553 · management and general $15,253 · fundraising $0
-
24a · Other expenses: TROPHIES AND AWARDS
total $28,429 · program services $17,488 · management and general $9,560 · fundraising $1,381
-
24b · Other expenses: MISC EXPENSES
total $141 · program services $0 · management and general $0 · fundraising $141
-
24c · Other expenses: BAD DEBTS
total -$43,913 · program services $11,610 · management and general -$55,523 · fundraising $0
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,105,566 · end of year $2,360,721
-
3 · Pledges and grants receivable
beginning of year $285,253 · end of year $231,650
-
4 · Accounts receivable
beginning of year $77,597 · end of year $32,458
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $46,946 · end of year $40,389
-
9 · Prepaid expenses and deferred charges
beginning of year $25,209 · end of year $26,872
-
10a · Land, buildings and equipment: cost or other basis
$19,111,482
-
10b · Land, buildings and equipment: accumulated depreciation
$11,990,167
-
10c · Land, buildings and equipment, net
beginning of year $6,208,212 · end of year $7,121,315
-
11 · Investments: publicly traded securities
beginning of year $27,999,800 · end of year $31,398,734
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $537,158 · end of year $0
-
15 · Other assets
beginning of year $808,796 · end of year $919,751
-
17 · Accounts payable and accrued expenses
beginning of year $655,692 · end of year $731,333
-
19 · Deferred revenue
beginning of year $437,382 · end of year $488,143
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $9,500,376 · end of year $9,320,451
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $11,421,306 · end of year $13,352,618
-
28 · Net assets with donor restrictions
beginning of year $16,079,781 · end of year $18,239,345
Mission and programs · 2024
Mission
GREEN RIVER COLLEGE FOUNDATION PROVIDES RESOURCES TO ASSIST GREEN RIVER COLLEGE ACHIEVE EDUCATIONAL EXCELLENCE.
Activities or mission (Part I)
GREEN RIVER COLLEGE FOUNDATION (GRCF) PROVIDES RESOURCES TO ASSIST GREEN RIVER COLLEGE IN ACHIEVING EDUCATIONAL EXCELLENCE.
-
THE GREEN RIVER STUDENT VILLAGE LLC PROVIDES HOUSING FOR GREEN RIVER COLLEGE STUDENTS. THERE ARE APPROXIMATELY 340 UNITS ON CAMPUS WITH FULL FACILITIES OPEN TO ALL MEMBERS OF GREEN RIVER COLLEGE. STUDENT HOUSING IS ADVERTISED THROUGH BROCHURES AND THE COLLEGE WEBSITE.
Expenses $2,912,275 · Grants $974,589 · Revenue $3,428,803
-
GIFTS TO GREEN RIVER COLLEGE INCLUDE STUDENT ASSISTANCE AND SCHOLARSHIPS WHICH ARE ADVERTISED THROUGHOUT THE CAMPUS AND THE COMMUNITY. IN ADDITION, THE FOUNDATION GIFTED FUNDS FOR PERSONNEL ASSISTANCE AND EQUIPMENT TO THE COLLEGE.
Expenses $837,136 · Revenue $80,557
-
GREEN RIVER COLLEGE CAMPUS PROGRAMS INCLUDE GATOR BOOSTER, KGRG RADIOS STATIONS AM/FM, INTERNATIONAL PROGRAMS AND OTHERS THAT SUPPORT ATHLETIC PROGRAMS AND ACTIVITIES THROUGHOUT THE CAMPUS.
Expenses $84,614 · Revenue $111,813
As filed on the 2024 return.
Listed in Part VII
-
Gail SpurrellGAIL SPURRELL
First Vice President
- Total calculated
- $0
- Hours/week
- 1
-
George FrasierGEORGE FRASIER
EXECUTIVE DIRECTOR
- Total calculated
- $206,721
- From this org
- $0
- From related orgs
- $166,370
- Other
- $40,351
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $166,370 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $16,816 related
- Nontaxable benefits
- $0 + $23,535 related
- Filer's total
- $0 + $206,721 related
-
Shirley BeanSHIRLEY BEAN
TREASURER (THRU 01/31/2025)
- Total calculated
- $148,564
- From this org
- $0
- From related orgs
- $118,003
- Other
- $30,561
- Hours/week
- 1 + 40 related
-
Suzanne JohnsonSUZANNE JOHNSON
2ND VICE PRESIDENT
- Total calculated
- $380,146
- From this org
- $0
- From related orgs
- $324,443
- Other
- $55,703
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $324,443 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $32,764 related
- Nontaxable benefits
- $0 + $22,939 related
- Filer's total
- $0 + $380,146 related
-
Adriana CrusonADRIANA CRUSON
DIRECTOR
- Total calculated
- $155,865
- From this org
- $0
- From related orgs
- $142,222
- Other
- $13,643
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $142,222 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,066 related
- Nontaxable benefits
- $0 + $577 related
- Filer's total
- $0 + $155,865 related
-
Awale FarahAWALE FARAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Binoy VarugheseBINOY VARUGHESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brent SwearingenBRENT SWEARINGEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Britnee DolceBRITNEE DOLCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce DejongBRUCE DEJONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Candice MihailaCANDICE MIHAILA
DIRECTOR (AS OF 04/01/2025)
- Total calculated
- $219,939
- From this org
- $0
- From related orgs
- $185,634
- Other
- $34,305
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $185,634 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,137 related
- Nontaxable benefits
- $0 + $20,168 related
- Filer's total
- $0 + $219,939 related
-
Charlene GrinoldsCHARLENE GRINOLDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cisco Malparitda SmithCISCO MALPARITDA SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave PouliotDAVE POULIOT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Casey-PowellDEBORAH CASEY-POWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric GreerERIC GREER
DIRECTOR
- Total calculated
- $187,444
- From this org
- $0
- From related orgs
- $163,305
- Other
- $24,139
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $163,305 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $12,337 related
- Nontaxable benefits
- $0 + $11,802 related
- Filer's total
- $0 + $187,444 related
-
Frank RasmussenFRANK RASMUSSEN
Secretary (THRU 08/31/2024)
- Total calculated
- $0
- Hours/week
- 1
-
Jamie FitzgeraldJAMIE FITZGERALD
DIRECTOR
- Total calculated
- $198,325
- From this org
- $0
- From related orgs
- $172,670
- Other
- $25,655
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $172,670 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,151 related
- Nontaxable benefits
- $0 + $11,504 related
- Filer's total
- $0 + $198,325 related
-
Jason NelsonJASON NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim RottleJIM ROTTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim TanasseJIM TANASSE
Past President
- Total calculated
- $0
- Hours/week
- 1
-
John SchneiderJOHN SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kim Secord WalleyKIM SECORD WALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa StirgusLISA STIRGUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Beth SheehanMARY BETH SHEEHAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Matt MauryMATT MAURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nancy ColsonNANCY COLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert FilsonROBERT FILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rosie RayROSIE RAY
DIRECTOR (AS OF 04/01/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Tracy Taylor-TurnerTRACY TAYLOR-TURNER
DIRECTOR (AS OF 10/01/2024)
- Total calculated
- $0
- Hours/week
- 1
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
None.
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
The filer's explanations (Part III)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- COMPENSATION OF THE EXECUTIVE DIRECTOR IS BY WRITTEN CONTRACT WITH GREEN RIVER COLLEGE.
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
-
GREEN RIVER COLLEGE
$970,374
SCHOLARSHIPS and supplies
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.
-
GREEN RIVER COLLEGE
501(c)(3) · COMMUNITY COLLEGE · WA
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
GRCC STUDENT VILLAGE LLC
STUDENT HOUSING · WA · income $3,424,553 · assets -$936,720
Directly controlled by GRC FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202621269349302822
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