2024-02-02T14:45:19-06:00 2023-06-30 363168081 SIKICH LLP 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2022-07-01 362990533 WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAUB 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 JOHN BRYANT EXECUTIVE TREASURER 6304667900 2024-02-01 1 JOHN BRYANT 999009999 0 HEATHER BONIFAS CPA P01711657 6305668400 2024-02-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR MELINDA TEJADA ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 1917558 0 X WWW.WAUBONSEE.EDU/FOUNDATION.PHP X 1978 IL TO FUND WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS AND EDUCATIONAL PROGRAMS. 22 22 0 80 0 0 403371 769916 0 0 2550 204490 -2353 54235 403568 1028641 355222 366913 0 0 0 0 0 0 15035 61168 80402 416390 447315 -12822 581326 5832822 6681845 28999 5198 5803823 6676647 THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION WAS FORMED TO ADVANCE THE EDUCATIONAL AND CHARITABLE PURPOSES OF WAUBONSEE COMMUNITY COLLEGE. THE PRIMARY OBJECTIVE OF THE FOUNDATION IS TO RAISE FUNDS FOR STUDENT SCHOLARSHIPS AND EDUCATIONAL PROGRAMS. 0 0 311913 311913 THE WCCF PROVIDED 347 SCHOLARSHIPS TO STUDENTS ATTENDING WCC. 55000 55000 THE WCCF PAID $55,000 TO WAUBONSEE COMMUNITY COLLEGE FOR DONATIONS RECEIVED TO SUPPORT SPECIFIC EDUCATIONAL PROGRAMS AT THE COLLEGE. 366913 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X THE ORGANIZATION 6304667900 ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 X EDWARD KEATING PRESIDENT 2.00 X X 0 0 0 MICHAEL WILLIAMS VICE PRESIDENT 1.00 X X 0 0 0 W RICHARD HOSTER SECRETARY/TREASURER 2.00 X X 0 0 0 MARCIA ALAYA DIRECTOR 1.00 X 0 0 0 JIMI ALLEN DIRECTOR 1.00 X 0 0 0 DALE BERMAN DIRECTOR 1.00 X 0 0 0 CARL DEKKER DIRECTOR 1.00 X 0 0 0 JAMES ECCHER DIRECTOR 1.00 X 0 0 0 STAN FREE DIRECTOR 1.00 X 0 0 0 THEODIA GILLESPIE DIRECTOR 1.00 X 0 0 0 BEHATI HART DIRECTOR 1.00 X 0 0 0 DR DIANE HOMAN DIRECTOR 1.00 X 0 0 0 MATTHEW DENNISON DIRECTOR 1.00 X 0 0 0 DR THOMAS R HUBERTY DIRECTOR 1.00 X 0 0 0 ANGELO KLERONOMOS DIRECTOR 1.00 X 0 0 0 KALESHIA PAGE DIRECTOR 1.00 X 0 0 0 KEVIN PENNINGTON DIRECTOR 1.00 X 0 0 0 COLETTE ROZANSKI DIRECTOR 1.00 X 0 0 0 DR GINA SANTORI DIRECTOR 1.00 X 0 0 0 TIM TREMAIN DIRECTOR 1.00 X 0 0 0 KRISTI WANO DIRECTOR 1.00 X 0 0 0 MATTHEW WINKLE DIRECTOR 1.00 X 0 0 0 MELINDA TEJADA FOUNDATION EXECUTIVE DIREC 12.00 X 0 0 0 JOHN BRYANT EXECUTIVE TREASURER 2.00 X 0 0 0 0 0 0 0 0 0 1 0 42558 727358 28398 769916 177266 177266 885161 857937 27224 27224 27224 85215 42558 30980 54235 54235 1028641 0 0 258725 55000 55000 311913 311913 30111 30111 19855 9070 10785 16308 16308 MATERIALS AND SUPPLIES 12089 7839 4250 MISCELLANEOUS EXPENSE 2039 2039 447315 366913 65367 15035 48996 57484 121892 67663 3188 2344 5569495 6458282 89251 96072 5832822 6681845 2499 2198 26500 3000 28999 5198 X 1696507 1897458 4107316 4779189 5803823 6676647 5832822 6681845 X 581326 287117 4381 X 0 1 X 1 0 X 426677 266688 297787 403371 769916 2164439 426677 266688 297787 403371 769916 2164439 457106 1707333 146335 142850 120967 146119 177266 733537 25844 54235 80079 2978055 0.57330 0.61530 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT - 2018 AMOUNT: $ 25,844. 2022 AMOUNT: $ 54,235. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2947235 780748 285389 93489 3919883 3317017 151167 -416379 104570 2947235 2785001 48688 571548 88220 3317017 2820175 26249 13474 74897 2785001 2615064 107800 190642 93331 2820175 0.09584 0.63732 0.26684 0 0 0 X 1714527 287117 393519 35361 715997 998530 30111 30111 1028641 841703 393519 30980 424499 417204 30111 30111 447315 PART V, LINE 4: TO PROVIDE FUNDS FOR WAUBONSEE COMMUNITY COLLEGE STUDENT SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN FISCAL YEAR 2023, 2022 OR 2021. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FILES VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: CASH SURRENDER VALUE OF LIFE INSURANCE 4,381. SPECIAL EVENT EXPENSES 30,980. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 30,980. GOLF OUTING 110831 39109 71722 1080 2368 12361 8226 5K 16942 3449 13493 5290 1655 127773 42558 85215 1080 2368 17651 9881 30980 54235 1 WAUBONSEE COMMUNITY COLLEGE ROUTE 47 AT WAUBONSEE DRIVE SUGAR GROVE IL 60554 366153030 501(C)(1) 55000 0 EDUCATION PROGRAMS 1 SCHOLARSHIPS 347 311913 PART I, LINE 2: DURING THE SCHOLARSHIP RECIPIENT SELECTION PROCESS, ONLY THOSE STUDENTS WHO MEET A DONOR'S SPECIFIED SELECTION CRITERIA ARE CONSIDERED BY THE SELECTION COMMITTEE FOR A PARTICULAR SCHOLARSHIP. FOLLOWING THE AWARD OF A SCHOLARSHIP, AN ANALYST IN THE FINANCIAL AID OFFICE VERIFIES EACH SEMESTER THAT STUDENTS WITH SCHOLARSHIPS THAT SPECIFY A MAJOR AREA OF STUDY OR A SPECIFIC GRADE POINT AVERAGE (GPA) ARE TAKING COURSES IN THE SPECIFIED AREA OF STUDY AND/OR MAINTAINING THE REQUIRED GPA. STUDENTS WHO DO NOT COMPLY WITH THEIR SCHOLARSHIP'S SPECIFICATIONS LOSE THE SCHOLARSHIP SECOND SEMESTER. IN ADDITION, THE WAUBONSEE COMMUNITY COLLEGE FOUNDATION BOARD OF DIRECTORS RECEIVES A LIST OF CURRENT YEAR SCHOLARSHIP RECIPIENTS AND THE AMOUNT OF SCHOLARSHIP FUNDS EACH HAS USED ANNUALLY. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, LINE 5, COMPENSATION FROM AN UNRELATED PARTY UNRELATED ORGANIZATION: WAUBONSEE COMMUNITY COLLEGE EMPLOYEE: MELINDA TEJADA, ED.D. BASE COMPENSATION: 230,000 NON-TAXABLE BENEFITS: 31,182 EMPLOYEE: JOHN BRYANT BASE COMPENSATION: 50,871 NON-TAXABLE BENEFITS: 3,242 X OTHER DONATED GOODS 23 28398 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED TO THE FINANCE AND AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE THE RESPONSIBILITY FOR REVIEW OF THE 990. WHEN THE TWO COMMITTEES ARE NOTIFIED THAT THE 990 IS COMPLETE AND READY FOR ITS REVIEW, ALL OTHER MEMBERS OF THE BOARD OF DIRECTORS ARE ALSO NOTIFIED AND INVITED TO REVIEW THE 990 IF THEY WISH TO DO SO. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR RECEIVES THE CONFLICT OF INTEREST POLICY AND STATEMENT FROM THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION PRIOR TO THE FALL ANNUAL MEETING. ONCE ALL SIGNED FORMS HAVE BEEN RECEIVED, THE PRESIDENT OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION AND THE CHAIRMAN OF THE NOMINATING AND GOVERNANCE COMMITTEE REVIEW THEM ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE TOP MANAGEMENT OFFICIAL OF WAUBONSEE COMMUNITY COLLEGE FOUNDATION IS AN EMPLOYEE OF, EVALUTED BY, AND COMPENSATED BY WAUBONSEE COMMUNITY COLLEGE. WAUBONSEE COMMUNITY COLLEGE EVAULATES COMPENSATION BASED ON A COMPREHENSIVE COMPENSATION BENEFITS STUDY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN CASH VALUE OF LIFE INSURANCE 4,381.