2024-05-14T12:31:37-05:00 2023-06-30 383635706 REHMANN ROBSON LLC 675 ROBINSON RD JACKSON MI 49203 990 2022-07-01 382468643 JACKSON COMMUNITY COLLEGE FOUNDATION JACK 5177870244 2111 EMMONS ROAD JACKSON MI 49201 JULIE HAND CHIEF ADVANCEMENT OFFICER 5177870244 2024-05-14 1 JULIE HAND 999009999 1 LAURA E COSTON CPA P01750862 5177876503 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JACKSON COLLEGE FOUNDATION JULIE HAND 2111 EMMONS ROAD JACKSON MI 49201 10156736 0 X WWW.JCCMI.EDU/FOUNDATION X 1983 MI THE FOUNDATION IS ORGANIZED FOR THE BENEFIT OF THE EDUCATIONAL, LITERARY AND SCIENTIFIC ACTIVITIES OF JACKSON COLLEGE. 11 9 0 26 0 0 1822868 316925 0 0 1104339 -91321 272947 335176 3200154 560780 1229863 326410 0 0 0 0 0 0 96431 339240 385835 1569103 712245 1631051 -151465 18903702 20158541 1183548 1138465 17720154 19020076 X TO SUPPORT THE COMPREHENSIVE MISSION OF JACKSON COLLEGE BY PROVIDING THE ADDITIONAL RESOURCES NECESSARY TO ENSURE SUCCESS. THE FOUNDATION WILL ENHANCE THE COLLEGE'S IMAGE WITHIN THE COMMUNITY, BROADEN ITS BASE OF SUPPORT, COMMUNICATE TO THE PUBLIC ITS RESPONSIVENESS TO LOCAL NEEDS AND PROVIDE THE COLLEGE WITH A MEASURE OF EXCELLENCE FOR ITS EDUCATIONAL PROGRAMS AND SERVICES. JACKSON COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION WHOSE MISSION IS TO ASSIST LEARNERS IN IDENTIFYING AND REACHING THEIR EDUCATIONAL GOALS. 0 0 292210 292210 THE FOUNDATION ALLOCATES FUNDS TO JACKSON COLLEGE FOR THE PURPOSE OF AWARDING SCHOLARSHIPS AND FURTHERING ITS EDUCATIONAL PURPOSE 34200 34200 DISTRIBUTION OF ENDOWMENT TO DAHLEM CONSERVANCY 326410 1 1 0 0 0 1 0 0 0 1 0 1 0 1 1 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 10 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 X 11 9 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 MI X JOHN GLOBOKER 5177968439 2111 EMMONS ROAD JACKSON MI 49201 KAREN HAWLEY CHAIRWOMAN 1.00 X X 0 0 0 GEORGE PAGE VICE CHAIR 1.00 X X 0 0 0 MARTHA PETRY SECRETARY 1.00 X X 0 0 0 JASON VALENTE PRESIDENT (END DEC 2023) 40.00 1.00 X X 0 149459 57128 TONY BAKER DIRECTOR 1.00 X 0 0 0 CHARLES BIRNEY DIRECTOR 1.00 X 0 0 0 DALE ROBERT DIRECTOR 1.00 X 0 0 0 CHRISTOPHER SIMPSON DIRECTOR 1.00 X 0 0 0 DONNA LAKE DIRECTOR 1.00 X 0 0 0 SHEILA PATTERSON DIRECTOR 1.00 X 0 0 0 ORLANDO WILLIS-HAMPTON DIRECTOR 1.00 X 0 0 0 JASON COVALLE TREASURER 1.00 X X 0 0 0 DANIEL PHELAN DIRECTOR 1.00 40.00 X 0 274257 139670 RICHARD DODGE DIRECTOR EMERITUS 1.00 X 0 0 0 GEORGE POTTER DIRECTOR EMERITUS 1.00 X 0 0 0 ZOE WILCOX DIRECTOR EMERITUS 1.00 X 0 0 0 LELAND BASSETT DIRECTOR EMERITUS 1.00 X 0 0 0 RICK MARTOIA DIRECTOR EMERITUS 1.00 X 0 0 0 JOHN GLOBOKER ASSISTANT TREASURER (BEG SEP 2022) 1.00 40.00 X X 0 36724 14617 JULIE HAND CHIEF ADVANCEMENT OFFICER (BEG JAN 2023) 40.00 1.00 X X 0 0 0 DARRELL NORRIS ASSISTANT TREASURER (END JUL 2022) 1.00 40.00 X X 0 89311 32017 0 549751 243432 1 0 1 0 0 13063 303862 316925 387059 387059 206250 0 206250 206250 206250 9071751 9311638 238493 -239887 -238493 -478380 -238493 -239887 80567 13063 45825 34742 34742 MISCELLANEOUS 541900 94184 94184 94184 560780 61941 0 181914 X 326410 326410 6200 6200 88016 66012 22004 85811 64358 21453 18098 13574 4524 4336 3252 1084 2033 1525 508 MISCELLANEOUS 119992 89994 29998 STAFF PROFESSIONAL DEVE 36593 27446 9147 BUILDING MAINTENANCE 10080 7560 2520 DUES & SUSCRIPTIONS 5011 3758 1253 9665 5725 3940 712245 326410 289404 96431 827295 4151101 56439 94300 11209958 12668279 5699007 2100126 1111003 1144735 18903702 20158541 89722 20047 1093826 1118418 1183548 1138465 X 4850973 5514025 12869181 13506051 17720154 19020076 18903702 20158541 -151465 1451387 0 X X 0 1 X 1 0 X X 1 JACKSON COLLEGE 381795703 2 1 285263 0 1 285263 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 0 0 140032 1 1 11956185 20621 1004547 166570 300453 12514330 12545128 1502978 -1657313 150415 284193 11956185 11031408 105575 1780450 140760 231545 12545128 11326956 23618 86881 195081 210966 11031408 10745118 404341 561590 179257 204836 11326956 0.94000 0.06000 0 0 0 FEDERAL 714193 F REAL ESTATE HELD FOR INVESTMENT 705000 F SHORT-TERM FUNDS 680933 F 2100126 BENEFICIAL INTERSET IN REMAINDER TRUSTS 1020735 CASH SURRENDER VALUE OF LIFE INSURANCE 124000 1144735 ANNUITIES PAYABLE 97683 DEFERRED INFLOWS OF RESOURCES - REMAINDER TRUSTS 1020735 1118418 X 2291717 1451387 284318 1735705 556012 4768 4768 560780 991795 284318 284318 707477 4768 4768 712245 PART X, LINE 2: THE INTERNAL REVENUE SERVICE RULED THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). THE FOUNDATION IS REQUIRED TO OPERATE IN CONFORMITY WITH THE CODE AND RELATED REGULATIONS TO MAINTAIN ITS EXEMPTION. ONLY UNRELATED BUSINESS INCOME, IF ANY, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 45,825. LOSS ON SALE OF REAL ESTATE 238,493. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 45,825. LOSS ON SALE OF REAL ESTATE 238,493. MLK EVENT 16050 16050 80 SPORTSMAN BANQUET 56282 7188 49094 25717 925 9414 1217 1 21298 5875 15423 3000 738 318 3228 1187 93630 13063 80567 3000 26455 1243 12642 2484 45824 34743 MI 1 0 1 0 JOHN GLOBOKER 2111 EMMONS ROAD JACKSON MI 49201 0 0 0 JACKSON COLLEGE 2111 EMMONS ROAD JACKSON MI 49201 381795703 501(C)(1) 0 285263 SCHOLARSHIPS AND MANAGEMENT FEES DAHLEM CONSERVANCY 7117 S JACKSON RD JACKSON MI 49201 412155768 501(C)(3) 0 34200 DISTRIBUTION OF ENDOWMENT FUND EARNINGS X X X 1 1 0 0 0 0 0 0 0 0 0 DANIEL PHELAN DIRECTOR 0 274257 0 0 0 0 0 102860 0 36810 0 413927 0 0 JASON VALENTE PRESIDENT (END DEC 2023) 0 149459 0 0 0 0 0 23149 0 33979 0 206587 0 0 FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS: THE JACKSON COLLEGE BOARD OF TRUSTEES MUST RATIFY ANY NEW BOARD MEMBERS APPOINTED BY THE JACKSON COLLEGE FOUNDATION BOARD OF DIRECTORS. ALSO, JACKSON COLLEGE BOARD OF TRUSTEES MUST RATIFY ANY BY-LAW CHANGES OR AMENDMENTS RECOMMENDED BY THE JACKSON COLLEGE FOUNDATION BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT BEFORE FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL FOUNDATION BOARD MEMBERS ARE REQUIRED TO ANNUALLY SIGN THE CONFLICT OF INTEREST STATEMENT, AND ANY POTENTIAL CONFLICTS ARE REVIEWED AT THAT TIME. ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR ARE DISCUSSED AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 FOUNDATION PRESIDENT AND ASSOCIATE VP ARE EMPLOYEES OF JACKSON COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 13 AND 14 JACKSON COLLEGE FOUNDATION FOLLOWS A WHISTLEBLOWER PRACTICE AND RENTENTION POLICY PUT IN PLACE BY JACKSON COLLEGE, THEIR RELATED TAX-EXMEPT ENTITY. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 64,358. FUNDRAISING EXPENSES 21,453. TOTAL EXPENSES 85,811. FORM 990, PART XII, LINE 2C THE PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. JACKSON COLLEGE 2111 EMMONS ROAD JACKSON MI 49201 381795703 HIGHER EDUCATION MI 501(C)(3) 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 JACKSON COLLEGE B 285263 FMV JACKSON COLLEGE J 206250 FMV JACKSON COLLEGE O 462447 FMV