2023-11-20T13:21:35-06:00 2022-12-31 271494012 Hinkle & Company PC 5028 E 101st Street Tulsa OK 74137 990 2022-01-01 730781297 Seminole State College Educational Foundation Inc SEMI 4053829950 PO Box 351 Seminole OK 748180351 Lance Wortham Chairman 4053829950 2023-11-20 1 Lance Wortham 999009999 1 James D Hinkle P00532558 9184923388 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Lance Wortham PO Box 351 Seminole OK 748180351 3262509 0 X www.sscok.edu/foundation/ X 1972 OK See Schedule O.Provide college support, student scholarships, and economic development in surrounding areas 31 31 1 81 0 0 1041962 332138 68916 1678356 268458 216928 118889 79001 1498225 2306423 958114 1269497 0 0 64814 76619 0 0 0 382025 883462 1404953 2229578 93272 76845 13840348 14462251 8503615 9538868 5336733 4923383 X Seminole State College Educational foundation provides support to Seminole State College, scholarships for Seminole State College students, and economic development for surrounding areas. 0 0 1385400 1199526 1364750 Seminole State College Educational Foundation uses contract revenue from the Oklahoma Department of Commerce (ODOC) to foster economic development in the surrounding areas. 551859 4204 264406 Seminole State College Educational Foundation owns and operates the Brian Crawford Memorial Sports Complex (BCMSC), which provides fields and other facilities for some Seminole State College sports teams and fosters economic development in the surrounding areas by hosting sports tournaments and other events. 53710 53710 Seminole State College Educational Foundation provides scholarships to Seminole State College students. 20621 12057 49200 Seminole State College Educational Foundation Provides support to Seminole State College in the form of financial assistance and capital projects that benefit the college. 20621 12057 49200 2011590 1 1 0 1 0 0 0 1 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 70 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 OK X Zac Coplen 4053829950 PO Box 351 Seminole OK 74818 Steve Bagwell Trustee 1.00 X 0 0 0 Rocky Barrett Trustee 1.00 X 0 0 0 Dan Boren Trustee 1.00 X 0 0 0 Dr Vickie Carter Trustee 1.00 X 0 0 0 Brooke Case Trustee 1.00 X 0 0 0 Haley Coates Trustee 1.00 X 0 0 0 Steve Degraffenreid Trustee 1.00 X 0 0 0 Darren Frederick Trustee 1.00 X 0 0 0 Suzanne Gilbert Trustee 1.00 X 0 0 0 Jim Hardin Trustee 1.00 X 0 0 0 John Hargrave Trustee 1.00 X 0 0 0 Douglas Humphreys Trustee 1.00 X 0 0 0 Tim Mathews Trustee 1.00 X 0 0 0 Rhonda McKee Trustee 1.00 X 0 0 0 Gordon Melson Trustee 1.00 X 0 0 0 Chris Moore Trustee 1.00 X 0 0 0 Billy Norton Trustee 1.00 X 0 0 0 Jeramy Rich Trustee 1.00 X 0 0 0 Lance Ruffel Trustee 1.00 X 0 0 0 Mark Schell Vice-Chair 1.00 X X 0 0 0 Roy Sisco Trustee 1.00 X 0 0 0 Senator Jason Smalley Trustee 1.00 X 0 0 0 Sue Snodgrass Trustee 1.00 X 0 0 0 Bob Swearingen Trustee 1.00 X 0 0 0 Andy Tucker Vice-Chair 1.00 X X 0 0 0 Reggie Whitten Trustee 1.00 X 0 0 0 David Wilson Trustee 1.00 X 0 0 0 Lance Wortham Chairman 1.00 X X 0 0 0 Dr Kathy Laster Trustee 1.00 X 0 0 0 Ray McQuiston Trustee 1.00 X 0 0 0 Brian Nave Trustee 1.00 X 0 0 0 Lana Reynolds President 10.00 30.00 X 0 206559 11245 0 206559 11245 0 0 1 0 Hellas Construction Inc 12710 Research Blvd Suite 200 Austin TX 78759 Artificial Turf Field Installer 490355 Elite Concrete PO Box 2334 Owasso OK 74055 Concrete Contractor 301723 Rempel's Rock-N-Ready Mix Inc NBU 4110 Prague OK 74864 Concrete Contractor 255030 First Team Outdoor Video Display Inc 4910 E 533 Rd Pryor OK 74361 Digital Scoreboard Manufacturer 251900 KB Electric LLC 1029 E 39th St Shawnee OK 74804 Electrical Installation Company 145525 6 332138 332138 ODOC Contract Revenue 900099 1364750 1364750 Building Rental Income 531120 284346 284346 BCMSC Concessions 722515 29260 29260 1678356 79705 79705 781 781 1078907 941684 137223 137223 137223 90466 14402 76064 76064 Change in CSV of Ins. Policy 524298 2156 2156 2156 2306423 1678356 0 295929 1215787 1215787 53710 53710 65000 65000 4810 4810 6809 6809 88166 88166 50399 5000 45399 88500 88500 18953 18953 9536 9536 5505 2269 3236 943 552 391 184778 182801 1977 22899 17175 5724 6139 4907 1232 7595 1480 6115 288243 279095 9148 41892 39957 1935 69914 34536 35378 2229578 2011590 217988 0 678476 595162 159131 13051 100000 100000 11354408 467568 9045858 10886840 2960976 2025264 895907 841934 13840348 14462251 651738 124181 1366211 2207894 6485666 7206793 8503615 9538868 X 532568 675431 4804165 4247952 5336733 4923383 13840348 14462251 76845 -490195 0 X 0 1 X 1 0 X 879415 859593 1382362 1041962 332138 4495470 79775 108553 105613 126584 420525 879415 939368 1490915 1147575 458722 4915995 199656 4716339 869064 104453 132100 156486 80486 1342589 6258584 4272889 0.75360 0.81150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 88500 88500 0 Part II-B, Line 1: The Foundation pays fees to a legislative and public relations firm that provides advocacy and political consulting services. 52291 X 0 2104364 -306327 515593 1282444 1890962 233488 20086 2104364 1732933 182429 24400 1890962 1404967 176909 253342 102285 1732933 1648273 -114955 128351 1404967 1.00000 0 0 327995 327995 10962879 404034 10558845 63534 63534 0 10886840 Reimbursable Expense Receivable 2530 Purchase Lease Receivable 597963 Beneficial Interest in Remainder Trust 147133 Cash Surrender Value of Insurance Policy 32987 Other Assets 2030 Lease Receivable 7000 Statues 52291 841934 X 1889619 -490195 126584 -53193 -416804 2306423 0 2306423 2302969 126584 126584 2176385 18953 34240 53193 2229578 Part III, Line 4: In 2018, the Foundation paid for the design and cast for a custom bronze sculpture of a baseball runner that was subsequently placed on the property where BCMSC is located. Part X, Line 2: The Foundation evaluates and accounts for its uncertain tax positions, if any, in accordance with ASC Topic 740, "Income Taxes," including the Foundation's tax position as a tax-exempt not-forprofit entity. Through the Foundation's evaluation of its uncertain tax positions, management has determined no uncertain tax positions existed as of December 31, 2020 or 2019, which would require the Foundation to record a liability for the uncertain tax positions in its financial statements. Federal and state income tax statues dictate that tax returns filed in any of the previous three reporting periods remain open to examination. Currently, the Foundation has no open examinations with either the Internal Revenue Service or the Oklahoma Tax Commission. Part XI, Line 2d - Other Adjustments: Investment Management Fees -18,953. Change in value of split-interest agreement -39,489. Miscellaneous Revenue 5,249. Part XII, Line 4b - Other Adjustments: Miscellaneous Expenses -5,249. Twana Hager Chapman Trust 39,489. Golf Tournament 34394 34394 180 3500 926 7448 Spring Banquet 36501 36501 1349 2 19570 19570 380 250 370 90465 90465 180 3500 1306 250 9167 14403 76062 0 Parks Manufacturing LLC 711 Boren Blvd Seminole OK 74864 20000 0 Economic Development Pasquali Stores 1024 Mekusukey Ave Wewoka OK 74884 20000 0 Economic Development G & H Decoys 601 N US Hwy 75 Henryetta OK 74437 20000 0 Economic Development Gadco Events LLC 601 N US Hwy 75 Henryetta OK 74437 20000 0 Economic Development Grand Pools 695 E Goodhope Rd Seminole OK 74868 20000 0 Economic Development Bluff View Machine LLC PO Box 789 Tishimingo OK 73460 14331 0 Economic Development Oklahoma Custom Coating LLC 1801 Boren Blvd Seminole OK 74868 20000 0 Economic Development East Central Oklahoma Family Health Center Inc PO Box 236 Wetumka OK 74883 10000 0 Economic Development Arrow B Trucking LLC 12008 NS 3610 Seminole OK 74868 8000 0 Economic Development Mr C's Custom Cuts Butcher Shop LLC 108 E 1st St Suite A Chandler OK 74834 10000 0 Economic Development Central Metal Finishing LLC PO Box 785 Holdenville OK 74848 20000 0 Economic Development City of Wewoka 123 S Mekusukey St 2 Wewoka OK 74884 155262 0 Economic Development Hiland Dairy Foods 1100 Thunderbird Rd Chandler OK 74834 743268 0 Economic Development Stroud Industrial Authority PO Box 500 Stroud OK 74079 92985 0 Economic Development Seminole State College 2701 Boren Blvd Seminole OK 74868 12057 0 College Support College Scholarships 37 53710 0 0 0 0 0 0 0 0 0 Lana Reynolds President 0 186559 0 20000 0 0 0 0 0 11245 0 217804 0 0 Langley Management Company Owner is former trustee Investment X 100000 100000 0 1 1 100000 Form 990, Part VI, Section B, line 11b Form 990 is reviewed by Management before it's filed. Form 990, Part VI, Section C, line 19 Documents are made available to the public upon request. Seminole State College 2701 Boren Blvd Seminole OK 74868 730781297 OK 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0