2023-10-11T09:41:11-05:00 2023-06-30 470677245 HBE LLP 7140 STEPHANIE LANE PO BOX 23110 LINCOLN NE 685423110 990 2022-07-01 476032870 WAYNE STATE FOUNDATION WAYN 4023757510 1111 MAIN ST WAYNE NE 68787 KEVIN ARMSTRONG CEO 4023757510 2023-10-02 1 KEVIN ARMSTRONG 999009999 1 KILEY A WIECHMAN CPA P00661523 4024234343 2023-10-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN ARMSTRONG 1111 MAIN ST WAYNE NE 68787 6421710 0 X WWW.WSC.EDU X 1961 NE TO AID, ASSIST & PROMOTE EDUCATION 15 15 7 245 0 0 5226867 4969137 43968 41553 313673 1350071 28037 37694 5612545 6398455 3819504 4682483 0 0 726726 773803 0 0 458558 329994 347292 4876224 5803578 736321 594877 38404095 41078964 210849 260481 38193246 40818483 TO AID, ASSIST & PROMOTE EDUCATION 0 0 4907171 4682483 45283 TO AID, ASSIST, & PROMOTE EDUCATIONAL PROGRAMS, FACULTY, EMPLOYEES, AND STUDENTS BY GRANTING SCHOLARSHIPS, GRANTS, AND STUDENT LOANS AND COLLEGE SUPPORT FOR THE BENEFIT OF A PUBLIC COLLEGE 4907171 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MITCH DEBOER 4023757559 1111 MAIN ST WAYNE NE 68787 BRENDA CARHART VICE PRESIDENT 0.00 X X 0 0 0 DONALD KOEBER PRESIDENT 0.00 X X 0 0 0 BILL DICKEY SECRETARY/TREASURER 0.00 X X 0 0 0 LESLIE BEBEE TRUSTEE 0.00 X 0 0 0 BRETT FREVERT TRUSTEE 0.00 X 0 0 0 GLENDA GALLISATH TRUSTEE 0.00 X 0 0 0 MATTHEW LEY TRUSTEE 0.00 X 0 0 0 ADRIAN MINKS TRUSTEE 0.00 X 0 0 0 RANDY PEDERSEN TRUSTEE 0.00 X 0 0 0 CARTER PETERSON TRUSTEE 0.00 X 0 0 0 BILL REEG TRUSTEE 0.00 X 0 0 0 MICHAEL RIEDMANN TRUSTEE 0.00 X 0 0 0 DON SOUKUP TRUSTEE 0.00 X 0 0 0 REGG SWANSON TRUSTEE 0.00 X 0 0 0 BYRON SCHAFERSMAN TRUSTEE 0.00 X 0 0 0 KEVIN ARMSTRONG CHIEF EXECUTIVE OFFICER 40.00 X 132101 0 0 132101 0 0 1 0 0 0 0 4969137 21283 4969137 ATHLETIC ACTIVITIES 611310 41553 41553 41553 1350071 1350071 24500 10204 14296 14296 14296 32719 13051 19668 19668 MISCELLANEOUS 900099 3730 3730 3730 6398455 45283 0 1384035 4682483 4682483 173811 27782 72923 73106 450386 71054 182618 196714 32851 5541 15754 11556 76494 12906 36687 26901 40261 6791 19307 14163 670 670 16532 16532 45874 45874 16240 16240 45228 20101 25127 2642 2642 62387 15098 4435 42854 4625 4625 COMMUNICATION & PUBLICA 90833 41397 2141 47295 OTHER 55136 32251 20639 2246 STAFF DEVELOPMENT 3841 647 838 2356 AMORTIZATION OF ANNUITY 3284 3284 5803578 4907171 437849 458558 3235579 2743397 4355261 3680510 1674399 2945899 5259 2403 287027 6160 425042 280867 28505711 31228831 108989 108989 93855 88068 38404095 41078964 97479 157518 2980 6270 110390 96693 210849 260481 X 3797402 3246279 34395844 37572204 38193246 40818483 38404095 41078964 594877 2030360 0 X X 0 1 X 1 0 X 5809477 4427532 4279782 5105504 4965768 24588063 36995 6000 6000 6000 6000 60995 5846472 4433532 4285782 5111504 4971768 24649058 3563076 21085982 606824 241197 55017 313673 1416868 2633579 3794 3516 3853 4005 3636 18804 27301441 0.77230 0.70800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27892348 966487 2823008 1557340 30124503 31388104 1510645 -3626490 1379911 27892348 24461490 1755488 6478525 1307399 31388104 24194931 1051936 484010 1269387 24461490 22686157 917555 1697219 1106000 24194931 0 0 276314 276314 6160 -6160 10713 10713 280867 ANNUITIES AND TRUST PAYABLE 96693 96693 X 8399145 2030360 6000 10204 2046564 6352581 45874 45874 6398455 5773908 6000 10204 16204 5757704 45874 45874 5803578 PART V, LINE 4: ENDOWMENTS ARE FOR SCHOLARSHIPS, GRANTS, CAPITAL IMPROVEMENTS, OR COLLEGE PROGRAMS. PART X, LINE 2: THE FOUNDATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 10,204. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 10,204. WILDCAT GOLF TOURNAMENT 11090 11090 8820 CATBACKER GOLF OUTING 17870 17870 472 2 3759 3759 3759 32719 32719 13051 13051 19668 0 WAYNE STATE COLLEGE 1111 MAIN STREET WAYNE NE 68787 470491233 4679983 0 TO ASSIST IN THE OPERATIONS OF THE COLLEGE X 14 21283 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE CHIEF EXECUTIVE OFFICER IS RELATED THROUGH MARRIAGE TO ONE MEMBER OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A COPY OF THE 990 AT A BOARD MEETING, AT WHICH TIME THE 900 IS REVIEWED AND APPROVED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE CEO AND STAFF ARE RESPONSIBLE FOR MONITORING COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO PROVIDES THE EXECUTIVE COMMITTEE INFORMATION FROM CUPA AND REGIONAL COMPARISONS FROM 990 DATA AVAILABLE TO THE PUBLIC. THE EXECUTIVE COMMITTEE DISCUSSES THE INFORMATION WITH THE CEO AND STAFF, THEN DISCUSSES IN PRIVATE, AND INFORMS THE CEO AND STAFF OF ITS DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 WAYNE STATE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND ON THEIR WEBSITE. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.