Form 990 for tax year 2022
Filed by CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $19,143,156
- Total expenses
- $9,347,980
- Contributions and grants received
- $18,170,724
- Grants paid
- $8,299,005
- Program service revenue
- $280,000
- Investment income
- $541,031
- Other revenue
- $151,401
- Total assets, end of year
- $96,895,350
- Total liabilities, end of year
- $1,888,756
- Net assets or fund balances, end of year
- $95,006,594
- Program services expenses (Part IX)
- $8,389,363
- Management and general expenses
- $370,229
- Fundraising expenses
- $588,388
- Program service expenses (Part III)
- $8,389,363
Program services were 89.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
WESTON M ANDRESS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.25
-
J CARLTON SHOWALTER JR
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.25
-
ASHLEY SIMMONS ROSEBOROUGH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25
-
GARY E LABROSSE
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
ROSS ANNABLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LEWIS B BARNHARDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
HENRY BATTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
JOYE BLOUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
MADELYN CAPLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
KRISTI COLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
BETSY CONWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
EDWIN DALRYMPLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
DEBORAH L EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
GREG EFTHIMIOU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
TODD A GORELICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
J TRAVIS HAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
E HOOPER HARDISON JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
CLAUDIA F HEATH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
G CHRIS HILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LORI HUDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LOIS J INGLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
JONATHAN ISHEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
SUSAN N JAMISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LYNNE TATUM LITTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LAURENT J LONGIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
RAYMOND R MCGREGOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
VINAY B PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
CHRISTIAN M ROBINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
PATRICIA A RODGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
R GLENN SHERRILL JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
TIMOTHY SITTEMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
AMY STRECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
EBONY THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LAURA C THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
PAULA R VINCENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
LANDON WYATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
WENDY J WALLER
ASSISTANT TREASURER
- Total calculated
- $144,177
- From this org
- $109,039
- From related orgs
- $0
- Other
- $35,138
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $108,039
- Bonus
- $1,000
- Other
- $0
- Deferred
- $26,931
- Nontaxable benefits
- $8,207
- Filer's total
- $144,177
-
MIKE WHITEMAN
ASSISTANT SECRETARY (FROM 7/2022)
- Total calculated
- $59,238
- From this org
- $45,455
- From related orgs
- $0
- Other
- $13,783
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $42,663
- Bonus
- $2,125
- Other
- $667
- Deferred
- $11,731
- Nontaxable benefits
- $2,052
- Filer's total
- $59,238
-
DR KANDI DEITEMEYER
INTERIM VP, INST ADVMT
- Total calculated
- $271,601
- From this org
- $261,730
- From related orgs
- $0
- Other
- $9,871
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $104,960
- Bonus
- $153,720
- Other
- $3,050
- Deferred
- $8,886
- Nontaxable benefits
- $985
- Filer's total
- $271,601
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
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- MOST OF THE EMPLOYEES WHO PERFORM WORK FOR THE FOUNDATION ARE EMPLOYED BY CENTRAL PIEDMONT COMMUNITY COLLEGE AND PROVIDE SERVICES TO CPCC FOUNDATION UNDER A SHARED SERVICES AGREEMENT. THEREFORE, ALL COMPENSATION METHODS AND ANALYSES ARE PERFORMED BY THE COLLEGE. THE COLLEGE USED THE FOLLOWING METHODS IN ESTABLISHING THE COMPENSATION OF THE FOUNDATION'S CEO/EXECUTIVE DIRECTOR: INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
- PART I, LINE 7
- A BONUS PAYMENT WAS MADE TO DR. K. DEITEMEYER FOR PARTICIPATION IN 4-YEAR FUNDRAISING CAMPAIGN.
- EXPLANATION OF COMPENSATION PAID BY AN UNRELATED ORGANIZATION:
- WENDY WALLER AND MIKE WHITEMAN RECEIVED COMPENSATION FROM CENTRAL PIEDMONT, AN UNRELATED ORGANIZATION, FOR PROVIDING SERVICES TO THE FOUNDATION UNDER THE SHARED SERVICES AGREEMENT MENTIONED ABOVE. THE COMPENSATION PAID BY CENTRAL PIEDMONT FOR THEIR SERVICES IN RELATION TO THE FOUNDATION HAS BEEN REFLECTED IN PART VII AND SCHEDULE J AS IF IT WERE PAID BY THE FOUNDATION IN ACCORDANCE WITH THE INSTRUCTIONS TO THE FORM 990. THE FOUNDATION DID NOT PAY ANYTHING TO THEM DIRECTLY. ADDITIONALLY, 12% OF DR. KANDI DEITEMEYER'S TOTAL COMPENSATION FROM CENTRAL PIEDMONT WAS IN RELATION TO HER SERVICES FOR THE FOUNDATION. THE FOUNDATION ALSO SEPARATELY PAID DR. DEITEMEYER $212,665 OF COMPENSATION ($62,665 BASE COMPENSATION AND $150,000 BONUS) FOR SERVICES PROVIDED TO THE FOUNDATION. THE COMBINED TOTAL OF COMPENSATION PAID BY BOTH CENTRAL PIEDMONT AND THE FOUNDATION HAS BEEN REFLECTED IN PART VII AND SCHEDULE J AS IF IT WERE PAID BY THE FOUNDATION IN ACCORDANCE WITH THE INSTRUCTIONS TO THE FORM 990.
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
-
CENTRAL PIEDMONT COMMUNITY COLLEGE
$8,016,534
FUNDING SUPPORTS SCHOLARSHIPS, SPONSORED PROGRAMS AND OTHER OBJECTIVES OF CPCC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411349349301411
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