2025-11-13T07:25:57-06:00 2024-12-31 593204548 JAMES MOORE & COPL 121 EXECUTIVE CIRCLE DAYTONA BEACH FL 321141180 990 2024-01-01 591581805 DAYTONA STATE COLLEGE FOUNDATION INC DAYT 3865063658 1200 W INTERNATIONAL SPEEDWAY BLVD DAYTONA BEACH FL 321142817 MARTIN CASS CBO 3865063658 2025-10-23 1 1 JAMES A HALLERAN P00005496 3862574100 2025-10-23 2024 2025-03-06 01:10:19Z MARTIN CASS 1200 W INTERNATIONAL SPEEDWAY BLVD DAYTONA BEACH FL 321142817 15898525 0 X WWW.DAYTONASTATE.EDU/FOUNDATION X 1975 FL A DIRECT SUPPORT ORGANIZATION OF DAYTONA STATE COLLEGE (DSC). THE PURPOSE IS TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, AND OTHER FUNDING, FOR CRITICAL NEEDS THAT ARE BEYOND THE SCOPE OF THE COLLEGE'S BUDGET. 19 19 0 34 0 0 4031600 5085990 0 0 849741 5311352 28416 149744 4909757 10547086 1432278 1232558 0 0 0 0 0 0 19760 311504 467663 1743782 1700221 3165975 8846865 40378111 47875272 242307 46538 40135804 47828734 A DIRECT SUPPORT ORGANIZATION OF DAYTONA STATE COLLEGE (DSC). THE PURPOSE IS TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS, AND OTHER FUNDING, FOR CRITICAL NEEDS THAT ARE BEYOND THE SCOPE OF THE COLLEGE'S BUDGET. 0 0 142499 142499 GRANTS AND OTHER ASSISTANCE INCLUDING DAYTONA STATE COLLEGE PROGRAM SUPPORT THAT FUNDS ATHLETICS, THE SCHOOL OF NURSING ENDOWMENT, THE ENTREPRENEURIAL PROGRAM, RESPIRATORY CARE, AND THE SOUTHEAST MUSUEM OF PHOTOGRAPHY. 1090059 1090059 STUDENT ASSISTANCE IN THE FORM OF TUITION, BOOKS, MATERIALS, SCHOLARSHIPS OR GRANTS FOR EMERGENCY FINANCIAL ASSISTANCE. 148266 OTHER SUPPORT TO THE COLLEGE FACILITY OR PROGRAM ACTIVITIES. 1380824 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 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 26 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X MARTIN CASS 3865063118 1200 W INTERNATIONAL SPEEDWAY BLVD DAYTONA BEACH FL 321142817 ZINA GRAU CHAIR 1.00 0.00 X X 0 0 0 RUFUS JOHNSON VICE CHAIR 1.00 0.00 X X 0 0 0 WILLIAM LENSSEN SECRETARY 1.00 0.00 X X 0 0 0 MARY BOYD TREASURER 1.00 0.00 X X 0 0 0 BOBBY THIGPEN CHAIR - INVESTMENT COMMITTEE 1.00 0.00 X 0 0 0 DENIS SHELLEY IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 JEFF ABBOTT DIRECTOR 1.00 0.00 X 0 0 0 RANDY DYE DIRECTOR 1.00 0.00 X 0 0 0 DAN FRANCATI DIRECTOR 1.00 0.00 X 0 0 0 KIM FULCHER DIRECTOR 1.00 0.00 X 0 0 0 MICHELE GOEB-BURKETT DIRECTOR 1.00 0.00 X 0 0 0 BEVERLY GRISSOM DIRECTOR 1.00 0.00 X 0 0 0 NINA HOSSEINI LOCKETT DIRECTOR 1.00 0.00 X 0 0 0 JOHN HODGSON DIRECTOR 1.00 0.00 X 0 0 0 DAVID SACKS DIRECTOR 1.00 0.00 X 0 0 0 LOUIS SENO DIRECTOR 1.00 0.00 X 0 0 0 GREGORY D SNELL DIRECTOR 1.00 0.00 X 0 0 0 GREG SULLIVAN DIRECTOR 1.00 0.00 X 0 0 0 MAGGIE THOMPSON DIRECTOR 1.00 0.00 X 0 0 0 THOMAS LOBASSO PRESIDENT 1.00 39.00 X 0 453571 160616 TIMOTHY NORTON VICE PRESIDENT; ED 1/24-4/24 25.00 15.00 X 0 47557 14238 MARTIN CASS CFO 1.00 39.00 X 0 147930 61327 KRISTEN HANSON INT. ED 4/24-7/24; ED AS OF 7/24 25.00 15.00 X 0 98683 31410 0 747741 267591 2 0 1 0 0 16321 5069669 6225 5085990 1265015 1265015 9376585 5330248 4046337 4046337 4046337 170935 16321 21191 149744 149744 10547086 0 0 5461096 X 1232558 1232558 18300 18300 59375 59375 174478 15000 159478 28926 13388 2203 13335 45908 29000 16908 7008 505 78 6425 29351 25439 3912 47884 39845 8039 OTHER SERVICES AND EXPE 56433 25089 31344 1700221 1380824 299637 19760 217283 328548 326948 302113 600 35355237 43417988 4279004 3751682 199639 74341 40378111 47875272 41396 13109 200911 33429 242307 46538 X 532153 1248939 0 0 39603651 46579795 40135804 47828734 40378111 47875272 8846865 -1153935 0 X 0 1 X 1 0 X 2054545 2623650 1948037 4031600 5085990 15743822 313003 308338 372867 329115 304036 1627359 2367548 2931988 2320904 4360715 5390026 17371181 4659362 12711819 651235 660274 825058 861309 1265015 4262891 10718 28416 149744 188878 45 45 21822995 13399 0.58250 0.62130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BANK REFUND - 2022 AMOUNT: $ 45. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24317170 2590958 495560 27403688 20749817 3193755 373598 24317170 19512465 1368594 -131242 20749817 16983203 1256395 1272867 19512465 15490463 510448 982292 16983203 1.00000 0 1 1 0 INVESTMENTS HELD BY DSC ON BEHALF OF THE FOUNDATION 555415 F INVESTMENTS - FL PALM 3196267 F 3751682 DUE TO COLLEGE 33429 33429 9659003 -1153935 304036 -849899 10508902 59375 -21191 38184 10547086 1966073 304036 21191 325227 1640846 59375 59375 1700221 PART V, LINE 4: THESE REPRESENT FUNDS THAT ARE THE HISTORICAL CORPUS CONTRIBUTION OF A DONOR ENDOWMENT AND ARE SUBJECT TO DONOR, GRANTOR, OR OTHER OUTSIDE PARTY RESTRICTIONS AS TO USE. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII -21,191. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON 990 PART VIII 21,191. ANNUAL GALA 135205 6780 128425 1800 600 10210 CORK & FORK: FOOD AND WINE EVENT 42841 8741 34100 3743 1000 2175 1 9210 800 8410 48 1615 187256 16321 170935 5591 1600 14000 21191 149744 1 DAYTONA STATE COLLEGE PO BOX 2811 DAYTONA BEACH FL 32120 591211226 SEC 115 1232558 0 COLLEGE PROGRAMS; STUDENT SUPPORT INCLUDING SCHOLARSHIPS, INDIVIDUAL ASSISTANCE, TUITION, BOOKS, MATERIALS & SUPPLIES 1 0 PART I, LINE 2: FUNDS ARE ONLY RELEASED ONCE THE PROPER DOCUMENTATION IS RECEIVED. THE ORGANIZATION VERIFIES THAT THE DONOR AGREEMENT STATES THE EXPENDITURE CRITERIA (WHETHER FOR A SCHOLARSHIP OR PROGRAM SUPPORT) AS WELL AS THE SPECIFIC DOLLAR AMOUNT TO BE DISTRIBUTED. 0 1 0 0 0 0 0 0 0 THOMAS LOBASSO PRESIDENT 0 453571 0 0 0 0 0 143377 0 17239 0 614187 0 0 MARTIN CASS CFO 0 147930 0 0 0 0 0 52329 0 8998 0 209257 0 0 PART I, LINE 3 COMPENSATION AND BENEFITS ARE ESTABLISHED BY THE DAYTONA STATE COLLEGE DISTRICT BOARD OF TRUSTEES (BOARD) USING METHODS AS DETERMINED BY THE BOARD TO ESTABLISH REASONABLE COMPENSATION. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS APPLIES TO AMOUNTS EARNED PRIOR TO 7.1.23 AND EFFECTIVE FOR PLAN YEARS BEGINNING ON AND AFTER JULY 1, 2011: AN ELIGIBLE EMPLOYEE'S BENEFIT SHALL BE AN AMOUNT EQUAL TO THE PRODUCT OF (A) SUCH ELIGIBLE EMPLOYEE'S DAILY BASE PAY (DETERMINED AS OF THE DATE OF SUCH ELIGIBLE EMPLOYEE'S SEPARATION FROM SERVICE) MULTIPLIED BY (B) THE SUM FOR ALL PLAN YEARS (UP TO AND INCLUDING THE PLAN YEAR IN WHICH SUCH ELIGIBLE EMPLOYEE SEPARATES FROM SERVICE) OF THE "BENEFIT DAYS" SUCH ELIGIBLE EMPLOYEE HAS EARNED ACCORDING TO THE TABLE PROVIDED BELOW (AND SUBJECT TO THE SPECIFIED LIMITS ON THE NUMBER OF BENEFIT DAYS WHICH MAY BE EARNED IN ANY ONE PLAN YEAR), ROUNDING FRACTIONAL BENEFIT DAYS FOR EACH PLAN YEAR TO THE NEAREST ONE-TENTH (ROUNDING UPWARD; E.G., 21.75 ROUNDS OFF TO 21.8). EMPLOYEE'S JOB CLASSIFICATION LEVEL: PRESIDENT DAYS OF SERVICE TO EARN ONE BENEIFT DAY IN EACH PLAN YEAR: 4.3 DAYS OF SERVICE MAXIMUM NUMBER OF BENEFIT DAYS WHICH MAY BE EARNED EACH PLAN YEAR: 60 BENEFIT DAYS THE FORMER PRESIDENT, DR. CAROL EATON, WAS PAID $16,129 UNDER THIS PLAN. APPLIES TO AMOUNTS EARNED AFTER 7.1.23 AND IS EFFECTIVE FOR PLAN YEARS BEGINNING ON AND AFTER JULY I, 2023: APPLIES TO AMOUNTS EARNED AFTER 7.1.23 THE BENEFIT FORMULA: AN ELIGIBLE EMPLOYEE'S BENEFIT SHALL BE AN AMOUNT EQUAL TO THE PRODUCT OF (A) SUCH ELIGIBLE EMPLOYEE'S DAILY BASE PAY (DETERMINED AS OF THE END OF THE TERM PROVIDED IN HIS OR HER EMPLOYMENT AGREEMENT WITH THE COLLEGE) MULTIPLIED BY (B) THE SUM FOR ALL PLAN YEARS (UP TO AND INCLUDING THE PLAN YEAR IN WHICH THE TERM PROVIDED IN AN ELIGIBLE EMPLOYEE'S EMPLOYMENT AGREEMENT WITH THE COLLEGE ENDS) OF THE "BENEFIT DAYS" SUCH ELIGIBLE EMPLOYEE HAS EARNED ACCORDING TO THE TABLE PROVIDED BELOW (AND SUBJECT TO THE SPECIFIED LIMITS ON THE NUMBER OF BENEFIT DAYS WHICH MAY BE EARNED IN ANY ONE PLAN YEAR), ROUNDING FRACTIONAL BENEFIT DAYS FOR EACH PLAN YEAR TO THE NEAREST ONE-TENTH (ROUNDING UPWARD; E.G., 21.75 ROUNDS OFF TO 21.8). THE NUMBER OF DAYS OF SERVICE REQUIRED TO EARN ONE BENEFIT DAY AND THE MAXIMUM NUMBER OF BENEFIT DAYS PERMITTED FOR EACH JOB CLASSIFICATION LEVEL ARE AS FOLLOWS: EMPLOYEE'S JOB CLASSIFICATION LEVEL: PRESIDENT DAYS OF SERVICE TO EARN ONE BENEIFT DAY IN EACH PLAN YEAR: 4.3 DAYS OF SERVICE MAXIMUM NUMBER OF BENEFIT DAYS WHICH MAY BE EARNED EACH PLAN YEAR: 60 BENEFIT DAYS FORM 990, PART VI, SECTION A, LINE 1A THE BUSINESS OF THE FOUNDATION WILL BE CONDUCTED BY THE EXECUTIVE COMMITTEE WITH A LARGER BOARD PROVIDING SUPPORT, GUIDANCE, AND RATIFICATION. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, SUBJECT ONLY TO SUCH RESTRICTIONS OR LIMITATIONS AS THE BOARD MAY FROM TIME TO TIME SPECIFY; PROVIDED, HOWEVER, THE EXECUTIVE COMMITTEE SHALL NOT HAVE AUTHORITY TO ALTER, AMEND OR REPEAL THE CORPORATE CHARTER OR BY-LAWS OR TO APPOINT DIRECTORS. THE EXECUTIVE COMMITTEE ALSO APPOINTS THE INVESTMENT COMMITTEE. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE PRESENTED TO THE FULL BOARD FOR RATIFICATION AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S EXECUTIVE BOARD REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT DISCLOSURE IS REVIEWED ANNUALLY AND ANY ISSUES ARE ADDRESSED. THE POLICY AND PROCEDURES ARE DISTRIBUTED ANNUALLY. THE FOUNDATION BOARD OF TRUSTEE MEMBERS SIGN A FORM INDICATING THEY HAVE REVIEWED THE POLICY AND RETURN IT TO THE FOUNDATION OFFICE BY JANUARY 31ST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS FEES: PROGRAM SERVICE EXPENSES 15,000. MANAGEMENT AND GENERAL EXPENSES 120,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,000. R/M SERVICE CONTRACTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 39,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,478. DAYTONA STATE COLLEGE 1200 W INTERNATIONAL SPEEDWAY BLVD DAYTONA BEACH FL 32114 591211226 PUBLIC EDUCATION FL SEC 115 LINE 2 N/A 0 DAYTONA STATE COLLEGE HOUSING CORPORATION 1200 W INTERNATIONAL SPEEDWAY BLVD DAYTONA BEACH FL 32114 843096964 PROVIDE SUPPORT FOR DAYTONA STATE COLLEGE FL 501(C)(3) LINE 5 DAYTONA STATE COLLEGE 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 DAYTONA STATE COLLEGE B 1232558 FMV DAYTONA STATE COLLEGE D 95448 FMV DAYTONA STATE COLLEGE E 167482 FMV DAYTONA STATE COLLEGE O 304036 FMV