Pueblo Community College Foundation
- Assets
- $19.1m
- Revenue
- $7.2m
- Investments
- $198.1k
- Employees
- 3
- Location
- Pueblo, CO
- Founding
- 12/1981
- Data as of
- 06/2023
- EIN
- 84-0834567
Organization Overview
Pueblo Community College Foundation is located in Pueblo, CO. The organization was established in 1981. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2023, Pueblo Community College Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pueblo Community 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, Pueblo Community College Foundation generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 14.8% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WILL PROVIDE AWARENESS AND FUNDING IN SUPPORTING THE ADVANCEMENT OF STUDENT SCHOLARSHIP OPPORTUNITIES AND PROGRAMS OF ACADEMIC EXCELLENCE AT PCC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED TO STUDENTS AT PUEBLO COMMUNITY COLLEGE
OTHER PROGRAM EXPENDITURES FOR THE BENEFIT OF THE STUDENTS AT PUEBLO COMMUNITY COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Simmons Executive Director | Officer | 40 | $95,400 |
Sharon Swerdfeger President | OfficerTrustee | 1 | $0 |
Lucinda Mihelich Vice President | OfficerTrustee | 1 | $0 |
Jeanne Gardner Secretary | OfficerTrustee | 1 | $0 |
Janice Mehle Treasurer | OfficerTrustee | 1 | $0 |
Theresa Dudley Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,300 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,259,385 |
| Noncash contributions included in lines 1a–1f | $95,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,344,685 |
| Total Program Service Revenue | $0 |
| Investment income | $666,546 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $166,707 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,595 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,154,680 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,329,679 |
| Grants and other assistance to domestic individuals. | $624,401 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,407 |
| Compensation of current officers, directors, key employees. | $10,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $61,494 |
| Fees for services: Other | $2,750 |
| Advertising and promotion | $0 |
| Office expenses | $137,940 |
| Information technology | $3,308 |
| 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 | $0 |
| Interest | $541 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,031 |
| Insurance | $4,809 |
| All other expenses | $39,991 |
| Total functional expenses | $3,494,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,066,574 |
| Pledges and grants receivable | $858,750 |
| Accounts receivable, net | $17,643 |
| 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 | $116,121 |
| Net Land, buildings, and equipment | $866,325 |
| Investments—publicly traded securities | $15,928,766 |
| Investments—other securities | $198,100 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $612 |
| Total assets | $19,052,891 |
| Accounts payable and accrued expenses | $76,660 |
| Grants payable | $0 |
| Deferred revenue | $2,174 |
| 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 | $78,834 |
| Net assets without donor restrictions | $711,091 |
| Net assets with donor restrictions | $18,262,966 |
| 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 | $19,052,891 |