South Suburban College Foundation

Organization Overview

South Suburban College Foundation is located in South Holland, IL. The organization was established in 1973. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Suburban College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, South Suburban College Foundation generated $403.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $294.6k during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE EDUCATIONAL PURPOSES AND OBJECTIVES OF SOUTH SUBURBAN COLLEGE WITH A PRIMARY FOCUS ON STUDENT SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND GRANTS AWARDED TO STUDENTS.


PEER MENTOR PROGRAM FOR STUDENTS THROUGH EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC). THE PEER MENTORS SERVE AS POSITIVE SOCIAL AND ACADEMIC ROLE MODELS TO SUPPORT AND ENCOURAGE STUDENTS THROUGH A SMOOTH TRANSITION TO SOUTH SUBURBAN COLLEGE.


STUDENT EMERGENCY AID PROGRAM THROUGH THE EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC) TO PROVIDE FINANCIAL SUPPORT UP TO $500 PER STUDENT FOR SHORT-TERM, NONRECURRING EMERGENCIES.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Cox
President
$0
Wyatt Love
Vice President
$0
John Kasperek Jr
Treasurer
$0
Lynette D Stokes
Ex-Officio
$0
Zanetta Miller
Executive Director
$0
Laura Harley-Simpson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$264,755
Noncash contributions included in lines 1a–1f $167,190
Total Revenue from Contributions, Gifts, Grants & Similar$264,755
Total Program Service Revenue$39,750
Investment income $24,892
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,157
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $403,460

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