2025-11-16T10:33:05-06:00 2025-06-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2024-07-01 454551412 IVY TECH PROPERTIES INC IVYT 3179214749 50 W FALL CREEK PARKWAY NORTH DRIV INDIANAPOLIS IN 46208 COURTNEY N ROBERTS INTERIM PRESIDENT 3179214749 2025-11-13 1 1 CASSE TATE P01271193 3175802000 2025-11-13 2024 2025-03-06 01:10:19Z THOMAS SKIDMORE 50 W FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 46208 65 0 X N/A X 2012 IN TO ACQUIRE, OWN AND REDEVELOP PROPERTY FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE. 3 0 0 0 0 0 0 0 0 0 126633 0 22 65 126655 65 0 0 0 0 0 0 0 0 0 940462 971963 940462 971963 -813807 -971898 13032889 12178092 14466078 14491229 -1433189 -2313137 TO ACQUIRE, OWN AND REDEVELOP PROPERTY FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE. 0 0 ACQUIRE, OWN AND REDEVELOP A MULTI-STORY BUILDING IN INDIANAPOLIS FOR THE EXPANSION OF THE IVY TECH INDIANAPOLIS CAMPUS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IN X THOMAS SKIDMORE 3179214749 50 W FALL CREEK PARKWAY NORTH DRIVE INDIANAPOLIS IN 46208 COURTNEY N ROBERTS PRESIDENT 1.00 39.00 X X 0 355784 30274 THOMAS SKIDMORE TREASURER 1.00 39.00 X X 0 202995 51486 RACHEL MULLINNIX VICE PRESIDENT 1.00 39.00 X X 0 128336 25744 0 687115 107504 0 0 1 0 0 65 65 65 65 0 0 65 3400 205629 762934 971963 255928 164065 14776446 2762419 12776961 12014027 13032889 12178092 14466078 14491229 14466078 14491229 X -1433189 -2313137 -1433189 -2313137 13032889 12178092 X -971898 91950 X X 0 1 X 1 0 1060000 1060000 12958336 2563416 10394920 758110 199003 559107 12014027 X 65 0 65 0 65 971963 0 971963 0 971963 PART X, LINE 2: IVY TECH PROPERTIES, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. IVY TECH PROPERTIES FILES US FEDERAL AND STATE OF INDIANA INFORMATIONAL RETURNS. IT IS NO LONGER SUBJECT TO US FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2022. MANAGEMENT BELIEVES THAT THE INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN MATERIAL CHANGE. 0 0 0 COURTNEY N ROBERTS PRESIDENT 0 298966 0 0 0 56818 0 29897 0 377 0 386058 0 0 THOMAS SKIDMORE TREASURER 0 180983 0 0 0 22012 0 28487 0 22999 0 254481 0 0 RACHEL MULLINNIX VICE PRESIDENT 0 125287 0 0 0 3049 0 15148 0 10596 0 154080 0 0 PART I LINE 3 AND PART II THE IVY TECH PROPERTIES HAS NO EMPLOYEES. OFFICERS ARE PAID BY IVY TECH COMMUNITY COLLEGE FOR SERVICES PERFORMED BY COLLEGE EMPLOYEES THAT BENEFIT IVY TECH PROPERTIES AND IVY TECH FOUNDATION. COLLEGE SALARIES ARE ESTABLISHED BASED UPON COMPARATIVE SALARY ANALYSIS OF COLLEGE EMPLOYEES IN COMPARABLE POSITIONS, CONSIDERATION OF ECONOMIES OF SCALE, INPUT FROM HUMAN RESOURCES AND FINAL APPROVAL OF APPROPRIATE COLLEGE OFFICER. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL REVIEW THE 990 IN DRAFT AND ANY REVISIONS WILL BE MADE BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: TRANSFER TO IVY TECH FOUNDATION, INC. 91,950. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 12 AS A SUBSIDIARY OF IVY TECH FOUNDATION, THE BOARD OPERATES UNDER THE CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION POLICIES OF IVY TECH FOUNDATION. IVY TECH FOUNDATION INC 50 WEST FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 237073977 RECEIVE/ADMINISTER PROPERTY AND CONTRIB. FOR THE BENEFIT OF IVY TECH COLLEGE IN 501(C)(3) LINE 5 N/A 0 IVY TECH COLLEGE OF INDIANA 50 WEST FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 351180631 POST SECONDARY EDUCATION IN N/A 0 COMMUNITY ENTERPRISES INC 50 W FALL CREEK PARKWAY N DRIVE INDIANAPOLIS IN 46208 943447601 INVESTMENTS IN IVY TECH FOUNDATION C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 IVY TECH FOUNDATION R 91950 FMV