2024-05-10T17:24:08-05:00 2023-06-30 850203431 REDW LLC 475 COTTAGE STREET NE SUITE 200 SALEM OR 97301 990 2022-07-01 936097106 CHEMEKETA COMMUNITY COLLEGE FOUNDATION CHEM 5033992530 PO BOX 14007 SALEM OR 97309 MARIE HULETT EXECUTIVE DIRECTOR 5033992530 2024-04-29 1 MARIE HULETT 999009999 0 LARRY E GRANT CPA P00145717 5035817788 2024-04-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARIE HULETT PO BOX 14007 SALEM OR 97309 1957546 0 X CHEMEKETA.EDU/ABOUT/CHEMEKETA-FOUNDATION X 1973 OR IN PARTNERSHIP WITH CHEMEKETA COMMUNITY COLLEGE, THE MISSION OF THE CHEMEKETA COLLEGE FOUNDATION IS TO RAISE FUNDS TO SUPPORT THE COLLEGE IN MEETING THE NEEDS OF STUDENTS. 13 13 0 35 0 0 1076457 1346858 0 0 1165521 58092 0 403 2241978 1405353 628119 788858 0 0 0 0 0 0 0 218405 237561 846524 1026419 1395454 378934 7668541 8530949 1128 4737 7667413 8526212 THE MISSION OF THE CHEMEKETA COMMUNITY COLLEGE FOUNDATION IS TO DEVELOP AND OVERSEE FUNDS TO MEET THE NEEDS OF STUDENTS AND SUPPORT THE MISSION OF CHEMEKETA COMMUNITY COLLEGE. 0 0 889803 703101 THE FOUNDATION PROVIDED STUDENTS WITH 408 SCHOLARSHIPS TO CONTINUE WITH THEIR EDUCATIONAL OBJECTIVES. 85757 85757 THE FOUNDATION RECEIVES AND CONTRIBUTES EQUIPMENT TO THE COLLEGE. 975560 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 OR X ANN MARIE SWEARINGIN 5033996249 PO BOX 14007 SALEM OR 97309 BRENNA BAUCUM PRESIDENT 1.00 X X 0 0 0 MARIA SCHMIDLKOFER SECRETARY 1.00 X X 0 0 0 KATE VAN UMMERSEN TREASURER 1.00 X X 0 0 0 KEN HECTOR DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 PETER HOFSTETTER VICE PRESIDENT 1.00 X X 0 0 0 TIFFANY LAWRENCE DIRECTOR 1.00 X 0 0 0 LISA MANCE DIRECTOR 1.00 X 0 0 0 CRAIG POPE DIRECTOR (UNTIL 12/2022) 1.00 X 0 0 0 JOHNATHAN CASTRO MONROY DIRECTOR (UNTIL 12/2022) 1.00 X 0 0 0 NANCY DUNCAN DIRECTOR 1.00 X 0 0 0 BETTY O'BRIEN PAST PRESIDENT 1.00 X X 0 0 0 STEVEN BRONCHEAU DIRECTOR (SINCE 11/2022) 1.00 X 0 0 0 PATTY HERZOG DIRECTOR (SINCE 9/2022) 1.00 X 0 0 0 MIRIAM VARGAS CORONA DIRECTOR (SINCE 9/2022) 1.00 X 0 0 0 ANA KARAMAN DIRECTOR (SINCE 6/2023) 1.00 X 0 0 0 MARIE HULETT EXECUTIVE DIRECTOR OF INST 20.00 20.00 X 0 137984 54145 JAMIE WENIGMANN DIRECTOR OF DEVELOPMENT 40.00 X 0 84278 43840 0 222262 97985 0 0 1 0 0 15500 1331358 106479 1346858 187552 187552 422733 552193 -129460 -129460 -129460 MISC REVENUE 900099 403 403 403 1405353 0 0 58495 85757 85757 703101 703101 50624 50624 PROGRAM SUPPORT 186702 186702 FOREIGN TAX PAID 235 235 1026419 975560 50859 0 902339 797756 39178 450000 6688226 7283193 38798 7668541 8530949 1128 4737 1128 4737 X 239827 213048 7427586 8313164 7667413 8526212 7668541 8530949 X 378934 396665 83200 X 0 1 X 1 0 X 791404 680907 1178469 1076457 1346858 5074095 791404 680907 1178469 1076457 1346858 5074095 407877 4666218 161502 177439 159446 170135 187552 856074 1700 1700 403 403 5932272 0.78660 0.76090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2544731 396665 588374 205198 1190237 1354494 50859 50859 1405353 1563934 588374 588374 975560 50859 50859 1026419 PART X, LINE 2: THE FOUNDATION FOLLOWS THE PROVISIONS ACCOUNTING STANDARDS CODIFICATION (ASC) ACCOUNTING FOR INCOME TAXES 740. THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE INCOME TAX RETURNS HAVE A THREE YEAR STATUTE OF LIMITATIONS. THE FOUNDATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX PROVISIONS, IF ANY, AS PART OF THE INCOME TAX PROVISION. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF SUBSIDIARY 121,998. CHANGE IN SUBSIDIARY NET ASSETS 83,200. 1 CHEMEKETA COMMUNITY COLLEGE 4000 LANCASTER DR NE SALEM OR 97305 930585134 0 85757 FMV DONATED EQUIPMENT, AUTOMOBILES AND SUPPLIES EDUCATIONAL AND INSTRUCTIONAL PURPOSES FOR SEVERAL PROGRAMS WITHIN THE COLLEGE 1 THE FOUNDATION PROVIDES STUDENTS WITH SCHOLARSHIPS TO CONTINUE WITH THEIR EDUCATIONAL OBJECTIVES. 408 703101 SCHEDULE I, PART 1, LINE 2 THE INDIVIDUALS WHO QUALIFY TO RECEIVE LOANS OR SCHOLARSHIPS FROM THE FOUNDATION MUST MEET THE CRITERIA LISTED BELOW: 1. FINANCIAL NEED 2. INVOLVEMENT IN EXTRACURRICULAR, COMMUNITY OR CHURCH ACTIVITIES 3. SERIOUSNESS OF PURPOSE 4. LIKELIHOOD OF SUCCESS AS REFLECTED IN THE ESSAY AND RECOMMENDATIONS X 0 0 0 0 0 0 0 0 0 MARIE HULETT EXECUTIVE DIRECTOR OF INST 0 137382 0 0 0 602 0 34346 0 19799 0 192129 0 0 X 304 FAIR MARKET VALUE X 5138 FAIR MARKET VALUE X 6 21891 BLUE BOOK VALUE X 1 20722 STOCK MARKET X 20 18412 FAIR MARKET VALUE X CLASS MATERIALS 13 36041 FAIR MARKET VALUE X OTHER MISCELLANEOUS DONATIONS 2 2496 FAIR MARKET VALUE X GIFT CARDS 9 1475 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ARE REQUIRED TO SIGN AND DATE THE CONFLICT OF INTEREST POLICY AT THE START OF HIS OR HER TERM OF SERVICE OR EMPLOYMENT AND ARE ASKED TO BRING ANY CONFLICTS OF INTEREST UP AS THEY OCCUR. ANY CHANGES IN THE STATUS ARE REPORTED TO THE EXECUTIVE LEADERSHIP OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY CHEMEKETA COMMUNITY COLLEGE FOLLOWING COLLEGE POLICY. THE FOUNDATION DOES NOT DETERMINE EXECUTIVE DIRECTOR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES FINANCIAL INFORMATION TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INVESTMENT IN SUBSIDIARY 83,200. CHEMEKETA COMMUNITY COLLEGE 4000 LANCASTER DR NE SALEM OR 97305 930585134 EDUCATION OR 0 NORTHWEST INNOVATIONS INC 4000 LANCASTER DR NE SALEM OR 97305 930980854 DISPOSAL OF OWNERSHIP OR N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1