Skip to content
Nonprofiteer
← WESTERN IOWA TECH COMMUNITY COLLEGE FOUNDATION

Form 990 for tax year 2022

Filed by WESTERN IOWA TECH COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue
$1,421,265
Total expenses
$802,531
Contributions and grants received
$1,274,878
Grants paid
$652,371
Program service revenue
$0
Investment income
$146,387
Other revenue
$0
Total assets, end of year
$8,014,861
Total liabilities, end of year
$3,756
Net assets or fund balances, end of year
$8,011,105
Program services expenses (Part IX)
$652,371
Management and general expenses
$0
Fundraising expenses
$150,160
Program service expenses (Part III)
$652,371

Program services were 81.3% 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.

  • 1d · Related organizations

    $116,490

  • 1f · All other contributions, gifts and grants

    $1,158,388

  • 1g · Noncash contributions included above

    $116,490

  • 3 · Investment income

    total $154,130 · excluded $154,130

  • 7a · Gross sales of assets other than inventory

    securities $178,417

  • 7b · Less cost or other basis and sales expenses

    securities $186,160

  • 7c · Gain or loss

    securities -$7,743

  • 7d · Net gain or loss

    total -$7,743 · excluded -$7,743

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $89,850 · program services $89,850

  • 2 · Grants to domestic individuals

    total $562,521 · program services $562,521

  • 19 · Conferences, conventions and meetings

    total $2,385 · fundraising $2,385

  • 24a · Other expenses: COMPENSATION REIMBURSED

    total $94,846 · fundraising $94,846

  • 24b · Other expenses: SERVICES

    total $42,845 · fundraising $42,845

  • 24c · Other expenses: MATERIALS AND SUPPLIES

    total $10,084 · fundraising $10,084

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,040,135 · end of year $1,165,072

  • 3 · Pledges and grants receivable

    beginning of year $294,731 · end of year $174,734

  • 11 · Investments: publicly traded securities

    beginning of year $5,538,671 · end of year $6,675,055

  • 25 · Other liabilities

    beginning of year $1,264 · end of year $3,756

  • 27 · Net assets without donor restrictions

    beginning of year $1,292,386 · end of year $1,302,139

  • 28 · Net assets with donor restrictions

    beginning of year $5,579,887 · end of year $6,708,966

Mission and programs · 2022

Mission

TO PROVIDE SUPPORT TO WESTERN IOWA TECH COMMUNITY COLLEGE AND RELATED ORGANIZATIONS TO ASSIST IN THE FULFILLMENT OF LOCAL EDUCATIONAL GOALS.

Activities or mission (Part I)

TO PROVIDE SUPPORT TO WESTERN IOWA TECH COMM COLLEGE AND RELATED ORGANIZATIONS TO ASSIST IN THE FULFILLMENT OF LOCAL EDUCATIONAL GOALS.

  • THE FOUNDATION MAKES CONTRIBUTIONS AND GIFTS IN THE FORM OF SCHOLARSHIPS TO WESTERN IOWA TECH COMMUNITY COLLEGE AND RELATED ORGANIZATIONS IN ORDER TO CARRY OUT AND ACHIEVE LOCAL COMMUNITY EDUCATIONAL GOALS.

    Expenses $652,371 · Grants $652,371

  • THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS TO WESTERN IOWA TECH COMMUNITY COLLEGE AND RELATED ORGANIZATIONS IN ORDER TO CARRY OUT AND ACHIEVE LOCAL COMMUNITY EDUCATIONAL GOALS.

As filed on the 2022 return.

Listed in Part VII

  • ROSS ROCKLIN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • DON CLAEYS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THERESA PETTY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • TERRY MURRELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR ROBERT DUNKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEITH OBERMILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DIRK LOHRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RON YOCKEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRENDA PERRIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAUL BERGMANN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MATT PFISTER

    EXECUTIVE DIRECTOR

    Total calculated
    $86,228
    From this org
    $68,631
    From related orgs
    $0
    Other
    $17,597
    Hours/week
    40

  • BRIAN SMITH

    TREASURER

    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.

Grants 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.

Provenance

Return type
form_990
Tax year
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202313129349304431

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.