2023-08-28T15:33:16-05:00 2023-06-30 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2022-07-01 581518223 ISOTHERMAL COMMUNITY COLLEGE FOUNDATION INC ISOT 8282863636 POST OFFICE BOX 804 SPINDALE NC 281600804 THAD HARRILL EXECUTIVE DIRECTOR 8282863636 2023-08-21 1 THAD HARRILL 999009999 0 PHILLIP E CHURCH P00092400 8284331226 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THAD HARRILL 286 ICC LOOP ROAD SPINDALE NC 28160 383996 0 X N/A X 1983 NC FOSTER AND PROMOTE THE PROGRESS AND GENERAL WELFARE OF THE COLLEGE & TO ENHANCE FINANCIAL STABILITY. 28 28 0 0 0 0 53788 183786 0 0 241479 -64661 26780 57208 322047 176333 104089 176759 0 0 0 0 0 0 0 65021 86671 169110 263430 152937 -87097 2687952 2838587 23200 0 2664752 2838587 NONE 0 0 235975 176759 SCHOLARSHIPS AND FUNDS TO STUDENTS OF ISOTHERMAL COMMUNITY COLLEGE TO PROVIDE ASSISTANCE IN OBTAINING A COLLEGE DEGREE 235975 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X AMY PENSON 8282863636 POST OFFICE BOX 804 SPINDALE NC 28160 RENEE COLLINS BOARD MEMBER 0.00 X 0 0 0 TAMMY CARPENTER BOARD MEMBER 0.00 X 0 0 0 RJ AIKEN BOARD MEMBER 1.00 X 0 39734 2448 MIKE GAVIN BOARD MEMBER 1.00 X 0 78752 4695 DAVID HERNDON BOARD MEMBER 0.00 X 0 0 0 SALLY BLANTON BOARD MEMBER 0.00 X 0 0 0 CAROLYN HORTON BOARD MEMBER 0.00 X 0 0 0 JAMES HUTCHINS BOARD MEMBER 0.00 X 0 0 0 KEN WARREN BOARD MEMBER 0.00 X 0 0 0 FLORA MAJOR BOARD MEMBER 0.00 X 0 0 0 YANRT CISNEROS BOARD MEMBER 0.00 X 0 0 0 SUSAN HENSON BOARD MEMBER 0.00 X 0 0 0 ALAN CARVER CO-CHAIR 0.00 X X 0 0 0 JOHN CONDREY BOARD MEMBER 0.00 X 0 0 0 JESSIE MARLOWE BOARD MEMBER 0.00 X 0 0 0 BILL MCDANIEL BOARD MEMBER 0.00 X 0 0 0 JULIA GUIJOSA BOARD MEMBER 0.00 X 0 0 0 SARAH MERRISON-MCENTIRE BOARD MEMBER 0.00 X 0 0 0 MARIA HUNNICUTT BOARD MEMBER 0.00 X 0 0 0 MIKE SAUNDERS BOARD MEMBER 0.00 X 0 0 0 SARAH MORSE BOARD MEMBER 1.00 X 0 37860 1340 TERRI WELLS BOARD MEMBER 0.00 X 0 0 0 PELL TANNER BOARD MEMBER 0.00 X 0 0 0 JILL MIRACLE BOARD MEMBER 0.00 X 0 0 0 MARGARET ANNUNZIATA BOARD MEMBER 1.00 X 0 203446 11702 STEPHEN WATSON BOARD MEMBER 0.00 X 0 0 0 CHARLIE BROWN BOARD MEMBER 0.00 X 0 0 0 CAROL PRITCHETT BOARD MEMBER 0.00 X 0 0 0 AMY PENSON ASST TREASURER 2.00 X 0 96677 3242 THAD HARRILL EXECUTIVE DIRECTOR 1.00 X 0 108213 6297 LOIS HUSKEY SECRETARY 0.00 X 0 0 0 DIANE WARNER TREASURER 0.00 X 0 0 0 LEON GODLOCK CHAIR 1.00 X 0 4654 0 0 569336 29724 0 0 1 0 0 183786 816 183786 118560 118560 183221 -183221 -183221 -183221 81650 24442 57208 57208 176333 -64661 0 57208 176759 176759 SCHOLARSHIPS 44805 44805 OTHER EXPENSES 27455 27455 MENTORING 9775 9775 EMPLOYEE PROFESSIONAL D 4636 4636 263430 235975 27455 0 -3 174646 157350 23200 2490109 2681237 2687952 2838587 23200 23200 0 X 210361 211409 2454391 2627178 2664752 2838587 2687952 2838587 X -87097 260929 3 X X 0 1 X 1 0 X 66512 71188 109156 53788 183786 484430 28293 26184 25297 23273 6095 109142 94805 97372 134453 77061 189881 593572 593572 77559 83917 70231 99322 118560 449589 1010 1010 1044171 0.56850 0.54590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 467799 260929 6095 24442 291466 176333 0 176333 293967 6095 24442 30537 263430 0 263430 PART X, LINE 2: FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS, MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK OF GREATER THAN A 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. AS OF JUNE 30, 2023, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATIONS RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2019, 2020, AND 2021 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 24,442. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 24,442. PATRIOT SHOOT 28130 28130 1872 7201 GOLF TOURNAMENT 53520 53520 500 14869 1 81650 81650 2372 22070 24442 57208 1 ISOTHERMAL COMMUNITY COLLEGE 286 ICC LOOP ROAD SPINDALE NC 28160 560841505 176759 0 TO PROVIDE GENERAL WELFARE AND TO ENHANCE FINANCAL STABILITY 0 0 0 0 0 0 0 0 0 MARGARET ANNUNZIATA BOARD MEMBER 0 203446 0 0 0 0 0 11702 0 0 0 215148 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BOARD WAS PROVIDED WITH A COPY OF 990 TO REVIEW AT THE FOUNDATION'S OFFICE PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. FORM 990, PART XI, LINE 9: ROUNDING 3. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ISOTHRMAL COMMUNITY COLLEGE 286 ICC LOOP ROAD SPINDALE NC 28160 560841505 COMMUNITY COLLEGE NC 501(C)(3) 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0