Southern Illinois Collegiate Common Market
- Assets
- $1.6m
- Revenue
- $813.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Herrin, IL
- Founding
- 03/1991
- Data as of
- 06/2022
- EIN
- 37-1200731
Organization Overview
Southern Illinois Collegiate Common Market is located in Herrin, IL. The organization was established in 1991. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Southern Illinois Collegiate Common Market 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 06/2022, Southern Illinois Collegiate Common Market generated $813.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $846.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTHERN ILLINOIS COLLEGIATE COMMON MARKET (SICCM) IS A FEDERATION OF POST-SECONDARY INSTITUTIONS WHICH HAS AS ITS MAJOR GOALS TO UTILIZE EXISTING RESOURCES TO THE FULLEST EXTENT POSSIBLE, TO AVOID COSTLY DUPLICATION OF EFFORTS, TO PLAN COOPERATIVELY FOR THE INITIATION OF NEEDED PROGRAMS AND ACTIVITIES, TO SHARE HUMAN AND MATERIAL RESOURCES TO THE GREATEST EXTENT POSSIBLE, TO DEVELOP NEW DELIVERY SYSTEMS, TO AVOID COSTS FOR EDUCATION PURPOSES, TO DEVELOP MORE FLEXIBLE AND COMMON PROGRAMS AND ACTIVITIES, TO SHARE HUMAN AND MATERIAL RESOURCES TO THE GREATEST EXTENT POSSIBLE, TO DEVELOP NEW SYSTEMS TO AVOID COSTS FOR EDUCATIONAL PURPOSES, TO DEVELOP MORE FLEXIBLE AND COMMON ADMINISTRATIVE STUCTURES, TO ALLOW FOR EFFECTIVE STUDENT ARTICULATION AND FACULTY SHARING, AND TO INCREASE EDUCATIONAL OPPORTUNITY AND ACCESSIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLASSES OFFERED AT SICCM
TANF 2022
DCFS LIFE SKILLS
SNAP 2022
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Kirk Overstreet Trustee | Trustee | 1 | $0 |
Dr Tim Taylor Trustee | Trustee | 1 | $0 |
Dr Austin A Lane Trustee | Trustee | 1 | $0 |
Dr William Bradley Colwell Board Chair | Trustee | 1 | $0 |
Pam Gibbs CFO / Interim Exec Dir/boa | Officer | 40 | $99,315 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $301,588 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $301,588 |
| Total Program Service Revenue | $493,269 |
| Investment income | $1,440 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $813,085 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $511,275 |
| Pension plan accruals and contributions | $87,685 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $262 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,304 |
| Advertising and promotion | $0 |
| Office expenses | $35,420 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,961 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,935 |
| Insurance | $22,043 |
| All other expenses | $13,734 |
| Total functional expenses | $846,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $974,519 |
| Pledges and grants receivable | $105,766 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,057 |
| Net Land, buildings, and equipment | $507,483 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,600,825 |
| Accounts payable and accrued expenses | $397,182 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $397,182 |
| Net assets without donor restrictions | $1,203,643 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,600,825 |