Form 990 for tax year 2023
Filed by THE SOUTHEASTERN ILLINOIS COLLEGE FOUNDATION.
Totals
- Total revenue
- $549,815
- Total expenses
- $375,261
- Contributions and grants received
- $313,127
- Grants paid
- $241,707
- Program service revenue
- $0
- Investment income
- $208,471
- Other revenue
- $28,217
- Total assets, end of year
- $5,469,484
- Total liabilities, end of year
- $5,696
- Net assets or fund balances, end of year
- $5,463,788
- Program services expenses (Part IX)
- $241,707
- Management and general expenses
- $133,554
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $241,707
Program services were 64.4% 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
$313,127
-
3 · Investment income
total $164,861 · excluded $164,861
-
6a · Gross rents
real property $703
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $703
-
6d · Net rental income or loss
total $703 · excluded $703
-
7a · Gross sales of assets other than inventory
securities $43,610
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $43,610
-
7d · Net gain or loss
total $43,610 · related or exempt $43,610
-
8a · Fundraising events: gross income
$82,323
-
8b · Fundraising events: direct expenses
$56,448
-
8c · Net income from fundraising events
total $25,875 · excluded $25,875
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,639 · excluded $1,639
-
11e · Other revenue, total
$1,639
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $241,707 · program services $241,707
-
11c · Fees: accounting
total $10,540 · management and general $10,540
-
11f · Fees: investment management
total $30,414 · management and general $30,414
-
13 · Office expenses
total $3,888 · management and general $3,888
-
16 · Occupancy
total $103 · management and general $103
-
19 · Conferences, conventions and meetings
total $8,794 · management and general $8,794
-
22 · Depreciation, depletion and amortization
total $3,756 · management and general $3,756
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $76,059 · management and general $76,059
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $548,496 · end of year $619,082
-
2 · Savings and temporary cash investments
beginning of year $140 · end of year $140
-
4 · Accounts receivable
beginning of year $7,344 · end of year $12,014
-
10a · Land, buildings and equipment: cost or other basis
$137,808
-
10b · Land, buildings and equipment: accumulated depreciation
$23,208
-
10c · Land, buildings and equipment, net
beginning of year $87,008 · end of year $114,600
-
11 · Investments: publicly traded securities
beginning of year $4,263,265 · end of year $4,723,648
-
17 · Accounts payable and accrued expenses
beginning of year $12,824 · end of year $5,696
-
27 · Net assets without donor restrictions
beginning of year $94,825 · end of year $262,248
-
28 · Net assets with donor restrictions
beginning of year $4,798,604 · end of year $5,201,540
Mission and programs · 2023
Mission
THE SOUTHEASTERN ILLINOIS COLLEGE FOUNDATION'S MISSION IS TO PROVIDE A MEANS OF RAISING AND ADMINISTERING PRIVATE FUNDS TO SUPPORT ACTIVITIES AND PROGRAMS AT THE COLLEGE WHICH ARE NOT ADEQUATELY FUNDED BY LOCAL, STATE, AND FEDERAL TAX RESOURCES AND STUDENT TUITION.
Activities or mission (Part I)
SUPPORT SOUTHEASTERN ILLINOIS COLLEGE
-
TO PROVIDE SCHOLARSHIPS AND GRANTS TO FINANCIALLY AND ACADEMICALLY DESERVING STUDENTS TO ATTEND SOUTHEASTERN ILLINOIS COLLEGE
Expenses $241,707 · Grants $241,707 · Revenue $311,912
As filed on the 2023 return.
Listed in Part VII
-
David PortDAVID PORT
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Lance BarbreLANCE BARBRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tim ScatesTIM SCATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Rosemary HarlowROSEMARY HARLOW
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Robert C WilsonROBERT C WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Sandra CowsertSANDRA COWSERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lacie McDonaldLACIE MCDONALD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ella YorkELLA YORK
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
Brian SurprenantBRIAN SURPRENANT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Clinton WolffCLINTON WOLFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Gary AllenGARY ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Judy KaegiJUDY KAEGI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Rhonda OglesbyRHONDA OGLESBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Mary OwensMARY OWENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bruce TolleyBRUCE TOLLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lori QuigleyLORI QUIGLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Natalie Phelps FinnieNATALIE PHELPS FINNIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Allen RoeALLEN ROE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Holly HealyHOLLY HEALY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Matt WinkelmanMATT WINKELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510359349301106
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