Tillamook Bay Community College Foundation Inc

Organization Overview

Tillamook Bay Community College Foundation Inc is located in Tillamook, OR. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Tillamook Bay Community College Foundation Inc 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, Tillamook Bay Community College Foundation Inc generated $168.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $225.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE AWARENESS AND THE LEVEL OF FINANCIAL RESOURCES AVAILABLE TO TILLAMOOK BAY COMMUNITY COLLEGE TO PROVIDE QUALITY EDUCATION AND BRIDGES OF OPPORTUNITY IN SERVING STUDENTS AND THE DIVERSE EDUCATIONAL NEEDS OF THE COLLEGE AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF THE CORPORATION IS TO RAISE AND MANAGE FUNDS FOR THE BENEFIT OF TILLAMOOK BAY COMMUNITY COLLEGE AND ITS STUDENTS, FACULTY, AND COMMUNITY, AND FOR ADVOCATING AND PROMOTING THE INTERESTS AND DEVELOPMENT OF THE COLLEGE.


IN 2015, TBCC FOUNDATION ENTERED INTO A CAPITAL CAMPAIGN TO RAISE FUNDS IN SUPPORT OF A CAPITAL CONSTRUCTION PROJECT FOR TILLAMOOK BAY COMMUNITY COLLEGE. THERE WERE PLEDGES RECEIVED IN THE CURRENT YEAR THAT WERE TRANSMITTED TO THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Weissenfluh
President/director
$0
Chuck Bridge
Vice President/directos
$0
Marilyn Phegley
Treasurer/director
$0
Chris Weber
Director
$0
Pat Papineau
Director
$0
Dr Paul Betlinski
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$214,344
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$214,344
Total Program Service Revenue$0
Investment income -$45,629
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 $168,715

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