Hill Junior College Development Foundation Incorporated

Organization Overview

Hill Junior College Development Foundation Incorporated is located in Hillsboro, TX. The organization was established in 1976. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Hill Junior College Development Foundation Incorporated 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 08/2021, Hill Junior College Development Foundation Incorporated generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $255.7k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AND INVEST FUNDS FOR THE GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTING IN THE RAISING AND INVESTING OF FUNDS FOR SCHOLARSHIPS, TEACHING CHAIRS, AND OTHER INSTRUCTIONAL POSITIONS, AND THE PHYSICAL GROWTH AND DEVELOPMENT OF HILL JUNIOR COLLEGE DISTRICT.


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Board, Officers & Key Employees

Name (title)Compensation
Mr Lynn Gray
President
$0
Mr Steve Smith
Vice-President
$0
Mr Glen Cliett
Secretary
$0
Mr Kyle Cowan
Director
$0
Mr Roy Barrett
Director
$0
Mr Tony Marley
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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $214,889
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $114,813
Net Gain/Loss on Asset Sales $795,304
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,125,541

Endowment Analysis

Beg. Balance$8,055,799
Earnings$1,343,446
Admin Expense$125,720
Grants$117,110
Ending Balance$9,156,415

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