2024-05-13T15:42:41-05:00 2023-06-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2022-07-01 834262944 DONNELLY COLLEGE REAL ESTATE HOLDINGS % MSGR STUART SWETLAND DONN 9136218765 608 N 18TH STREET KANSAS CITY KS 66102 LISA STOOTHOFF PRESIDENT 9136218765 2024-04-15 true LISA STOOTHOFF 999009999 April Arnold P01559426 8162216300 3 2022 2023-04-26 12:10:37Z LISA STOOTHOFF 608 N 18TH STREET KANSAS CITY KS 66102 1100066 false 0928 X WWW.DONNELLY.EDU X 2019 KS A REAL ESTATE HOLDING COMPANY FOR DONNELLY COLLEGE 3 3 0 3 0 0 0 0 800000 1100000 72 66 0 0 800072 1100066 565000 570000 0 0 0 0 0 0 0 805787 916977 1370787 1486977 -570715 -386911 16944999 16695786 16406743 16545278 538256 150508 NONE false false 1475938 570000 1100000 QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICB) HOLDING THE LAND AND BUILDING DEVELOPMENT PROJECT FOR DONNELLY COLLEGE. 1475938 true false false false false false false false false true false false false false false false true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 3 3 true false false false true true true true true false false true true true true false false false false false KS X MSGR STUART SWETLAND 9136218795 608 N 18TH STREET KANSAS CITY KS 66102 SWETLAND STUART TREASURER 1.0 40.0 X 0 93645 30002 STOOTHOFF LISA PRESIDENT 1.0 40.0 X 0 95290 3812 BUCKLEY EMILY SECRETARY 1.0 40.0 X 0 74686 15897 GRAHAM BOB MEMBER 1.0 0.0 X 0 0 0 CRUZ RACHEL MEMBER 1.0 1.0 X 0 0 0 ZULUAGA NESTOR MEMBER 1.0 1.0 X 0 0 0 0 263621 49711 0 false false false 0 0 Rental Income 531190 1100000 1100000 1100000 66 66 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1100066 1100000 66 570000 570000 0 0 0 0 0 0 0 0 0 0 0 11039 11039 0 0 0 0 0 0 0 0 0 0 0 0 281739 281739 0 520199 520199 0 NMTC FEES 104000 104000 1486977 1475938 11039 0 61021 351988 231000 211067 0 0 49 0 0 0 0 0 0 0 0 0 0 0 17480370 1347639 16652929 16132731 0 0 0 0 0 0 0 0 0 0 16944999 16695786 0 56501 0 0 0 0 0 0 0 0 0 0 16406743 16488777 0 0 0 0 16406743 16545278 X 538256 150508 0 0 538256 150508 16944999 16695786 X -386911 -837 X false true X true false X X X 1 DONNELLY COLLEGE 480623882 2 true 570000 0 1 570000 0 true false false false false false false false false false false false false false false true false 17432324 1337851 16094473 48046 9788 38258 16132731 SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true DONNELLY COLLEGE 608 N 18TH STREET KANSAS CITY KS 66102 480623882 501(C)(3) 570000 SUPPORT 1 SCHEDULE I, PART I, LINE 2 THE GRANTS GIVEN TO DONNELLY COLLEGE, A RELATED ORGANIZATION, ARE MONITORED BY BOARD CONTROL. FORM 990, PART VI, SECTION A, LINE 2 LISA STOOTHOOF, EMILY BUCKLEY, STUART SWETLAND, RACHEL CRUZ AND NESTOR ZULUAGA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 DONNELLY COLLEGE, THE SUPPORTED ORGANIZATION, IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, DONNELLY COLLEGE, APPOINTS THE INITIAL AND ALL SUBSEQUENT DIRECTORS ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER MUST APPROVE THE FOLLOWING: 1. AMENDMENT OF THE ARTICLES OF INCORPORATION OF THE ORGANIZATION; 2. AMENDMENT OF THE BYLAWS OF THE ORGANIZATION; 3. ADOPTION AND AMENDMENT OF AN OFFICIAL MISSION STATEMENT, VISION STATEMENT AND OTHER STATEMENTS OF BASIC PRINCIPLES FOR THE ORGANIZATION; 4. THE SALE, TRANSFER, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ANY REAL ESTATE AND ITS APPURTENANCES OWNED BY THE ORGANIZATION; 5. THE MERGER OR CONSOLIDATION OF THE ORGANIZATION WITH ANY OTHER CORPORATION OR ENTITY; 6. THE DISSOLUTION OF THE ORGANIZATION OR THE DISCONTINUANCE OF A SUBSTANTIAL PART OF ITS ACTIVITIES; AND 7. ESTABLISHING BORROWING PROCEDURES WHICH WILL GOVERN THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS AND CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE 990 IS THEN PROVIDED TO THE FINANCE COMMITTEE OF THE SOLE MEMBER'S BOARD FOR THEIR REVIEW PRIOR TO FILING THE 990. ANY QUESTIONS AND CONCERNS THE FINANCE COMMITTEE HAVE ARE ADDRESSED AND ANY CONCERNS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF HIRE OR ELECTIONS (IN THE CASE OF DIRECTORS) AND ANNUALLY THEREAFTER, THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES SHALL PROVIDE THE APPLICABLE CONFLICT OF INTEREST DISCLOSURES WHICH SHALL BE COMPLETED TO IDENTIFY ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH IT IS BELIEVED A CONFLICT MAY EXIST OR ARISE. IF A CONFLICT ARISES THE OFFICER, DIRECTOR, OR KEY EMPLOYEE ABSTAINS FROM THE VOTE OF THE CONFLICTED POSITION. ANNUAL MONITORING AND REVIEW PROCEDURE SHALL BE PART OF THE ORGANIZATION'S COMPLIANCE PLAN. AN APPROPRIATE REPORT SHALL BE SUBMITTED TO THE EXECUTIVE BOARD CONCERNING ANY INTEREST DISCLOSED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in Net assets: Equity sponsor contribution (837) FORM 990, PART XII, LINE 2B AT THE TIME OF FILING THE FORM 990, THE AUDIT OF THE FINANCIAL STATEMENTS WAS IN PROGRESS. THE ORGANIZATION EXPECTS THE FINAL AUDIT REPORT TO BE AVAILABLE SHORTLY AFTER THE FILING DATE. DONNELLY COLLEGE 608 N 18TH STREET KANSAS CITY KS 66102 480623882 COLLEGE KS 501(C)(3) 2 NA false false true false false false false false false false true false false false false false false false false false