2026-02-17T14:23:26-06:00 2025-03-31 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2024-04-01 421197894 SOUTHWESTERN COMMUNITY COLLEGE EDUCATION FOUNDATION SOUT 6417827081 1501 WEST TOWNLINE STREET CRESTON IA 50801 BRANDI SHAY TREASURER 6417827081 2026-02-16 1 0 THOMAS O WELCHANS P01333675 5152258400 2024 2025-03-06 01:10:19Z CAITLYN MAITLEN 1501 WEST TOWNLINE STREET CRESTON IA 50801 1020671 0 X N/A X 1981 IA TO PROVIDE SCHOLARSHIPS TO STUDENTS OF SOUTHWESTERN COMMUNITY COLLEGE 7 7 0 0 0 0 459597 700886 0 0 134868 205986 35525 37903 629990 944775 600516 627832 0 0 0 0 0 0 14900 10120 33779 610636 661611 19354 283164 4233772 4516936 0 0 4233772 4516936 TO PROVIDE SCHOLARSHIPS TO STUDENTS OF SOUTHWESTERN COMMUNITY COLLEGE AND TO PROVIDE GRANTS TO ENCOURAGE AND PROMOTE THE ACADEMIC DEVELOPMENT AND FUNDAMENTAL GROWTH OF SOUTHWESTERN COMMUNITY COLLEGE 0 0 616917 616917 PROVIDE SCHOLARSHIPS FOR 395 STUDENTS TO HELP WITH COSTS OF TUITION AND FEES. 10915 10915 PROVIDE GRANTS TO SOUTHWESTERN COMMUNITY COLLEGE TO HELP WITH THE DEVELOPMENT AND GROWTH OF THE COLLEGE. THE GRANTS RECEIVED BY THE COLLEGE HAVE HELPED PROVIDE EQUIPMENT AND TOOLS FOR STUDENTS IN THE CTE PROGRAMS AS WELL AS IMPROVE EQUIPMENT FOR THE ATHLETIC PROGRAMS. 627832 1 1 0 0 0 0 0 0 0 1 0 1 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 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 0 0 0 X BRANDI SHAY 6417827081 1501 WEST TOWNLINE STREET CRESTON IA 50801 LINDSAY STOAKS DIRECTOR 1.00 39.00 X 0 180587 41133 ALLEN POHREN PRESIDENT 0.00 X X 0 0 0 RICK OSHEL VICE PRESIDENT 0.00 X X 0 0 0 JULIE LANNING DIRECTOR 0.00 X 0 0 0 AMY HOOK DIRECTOR 0.00 X 0 0 0 KEVIN BRITTEN DIRECTOR 0.00 X 0 0 0 ALEC TURNER DIRECTOR 0.00 X 0 0 0 BRANDI SHAY TREASURER 2.00 38.00 X 0 116157 0 CAITLYN MAITLEN SECRETARY 40.00 X 0 55200 0 DR MARJORIE MCGUIRE-WELCH FORMER DIRECTOR 0.00 X 0 276917 21204 0 628861 62337 0 1 1 0 0 1981 341355 357550 700886 209970 209970 8648 12632 -3984 -3984 -3984 101167 1981 63264 37903 37903 944775 0 0 243889 10915 10915 616917 616917 18800 3900 14900 10748 10748 4231 4231 661611 627832 18879 14900 1573609 1657746 510163 659190 2150000 2200000 4233772 4516936 0 0 X 1383947 1475850 2849825 3041086 4233772 4516936 4233772 4516936 283164 0 X 0 1 X 1 0 X 986782 323159 661182 459597 701386 3132106 86398 123944 176796 196473 197796 781407 1073180 447103 837978 656070 899182 3913513 681816 3231697 105066 128345 114267 134868 206020 688566 4602079 0.70220 0.73320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3584045 744527 122714 549084 25045 3876796 3550200 491881 125553 583439 150 3584045 3248362 684891 76972 459558 467 3550200 3146197 317888 127551 340624 2650 3248362 2497397 944790 73642 366379 2974 279 3146197 0.21000 0.50000 0.29000 0 0 0 GUARANTEED VARIABLE ANNUITIES 2200000 C 2200000 X 1205836 197797 63264 261061 944775 0 944775 922672 197797 63264 261061 661611 0 661611 PART V, LINE 4: SOUTHWESTERN COMMUNITY COLLEGE EDUCATION FOUNDATION INTENDS TO USE THE ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS TO THE STUDENTS OF SOUTHWESTERN COMMUNITY COLLEGE AS WELL AS GRANTS TO HELP THE BETTERMENT OF THE SOUTHWESTERN COMMUNITY COLLEGE PART X, LINE 2: IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE FOUNDATION HAS EVALUATED THEIR MATERIAL TAX POSITION AND DETERMINED NO INCOME TAX EFFECTS WITH RESPECT TO THE FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL INCOME TAX RETURNS SINCE 2021, OPEN BY STATUTE, ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION HAS NOT BEEN NOTIFIED OF ANY IMPENDING EXAMINATIONS BY TAX AUTHORITIES, AND NO EXAMINATIONS ARE IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISER EXPENSES NETTED AGAINST INCOME ON 990 63,264. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISER EXPENSES NETTED AGAINST INCOME ON 990 63,264. ATHLETIC FUNDRAISER 93791 1981 91810 48033 6140 2779 GOLF EVENT 9357 9357 4525 861 926 103148 1981 101167 52558 7001 3705 63264 37903 1 SOUTHWESTERN COMMUNITY COLLEGE 1501 W TOWNLINE ST CRESTON IA 50801 420927778 10915 0 BOOK GENERAL ASSISTANCE 0 1 ATHLETIC SCHOLARSHIPS 100 260771 BOOK ENDOWMENT SCHOLARSHIPS 129 132425 BOOK SPECIFIC NAMED SCHOLARSHIPS 129 214118 BOOK OTHER SCHOLARSHIPS 37 9250 BOOK PART I, LINE 2: THE GRANTS TO SOUTHWESTERN COMMUNITY COLLEGE ARE TO REIMBURSE A PAID INVOICE. SOUTHWESTERN COMMUNITY COLLEGE PROVIDES A COPY OF THE PAID INVOICE TO THE FOUNDATION ACCOUNTANT, WHO THEN PROVIDES THE DOCUMENTATION WITH A CHECK REQUEST TO THE SOUTHWESTERN COMMUNITY COLLEGE EDUCATION FOUNDATION'S EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR DETERMINES IF THE DONOR'S RESTRICTIONS ARE MET BEFORE APPROVING THE GRANT PAYMENT TO BE MADE TO SOUTHWESTERN COMMUNITY COLLEGE. 0 0 0 0 0 0 0 0 0 DR MARJORIE MCGUIRE-WELCH FORMER DIRECTOR 0 264417 0 0 0 12500 0 9440 0 11764 0 298121 0 0 LINDSAY STOAKS DIRECTOR 0 164010 0 0 0 16577 0 17598 0 23535 0 221720 0 0 PART I, LINE 3 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED TO BE A FIXED SALARY AS DETERMINED BY THE ADMINISTRATION OF THE RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS COMPLETED BY THE FOUNDATION ACCOUNTANT WITH CLOSE CONSULTATION AND FINAL REVIEW DONE BY BRANDI SHAY. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS EACH OF THE OFFICERS AND DIRECTORS ARE REQUIRED TO COMPLETE A STATEMENT OF DISCLOSURE REGARDING CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. SOUTHWESTERN COMMUNITY COLLEGE 1501 W TOWNLINE ST CRESTON IA 50801 420927778 COMMUNITY COLLEGE IA 115(A) 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 SOUTHWESTERN COMMUNITY COLLEGE B 0 FMV SOUTHWESTERN COMMUNITY COLLEGE C 301464 FMV SOUTHWESTERN COMMUNITY COLLEGE M 197796 FMV