Civic Intelligence

Montcalm Community College Foundation

990 • Fiscal year 2017 • EIN 38-2371295

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 20, 2017

Organization Profilewww.montcalm.edu
2800 College DrSidney, MI 48885-9723

(989) 328-1249

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

7th percentile

0.01x

Higher debt load relative to revenue than 7% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$164,181

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

86th percentile

23%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

162%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$17,588,813

Up $3,243,123 (+23%) from 2016

Net Assets

Up

$17,565,945

Up $3,220,255 (+22%) from 2016

Liabilities

Up

$22,868

Up $22,868 from 2016

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin97th percentile

Revenue

Up

$3,829,659

Up $2,369,251 (+162%) from 2016

Expenses

Down

$663,114

Down $232,291 (-26%) from 2016

Net Income

Up

$3,166,545

Up $2,601,542 (+460%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $8,391,347Liabilities 2012: $50,883Net Assets 2012: $8,340,4642012Assets 2013: $11,101,573Liabilities 2013: $96,575Net Assets 2013: $11,004,9982013Assets 2014: $11,309,292Liabilities 2014: $516,993Net Assets 2014: $10,792,2992014Assets 2015: $14,360,347Liabilities 2015: $558,070Net Assets 2015: $13,802,2772015Assets 2016: $14,345,690Liabilities 2016: $0Net Assets 2016: $14,345,6902016Assets 2017: $17,588,813Liabilities 2017: $22,868Net Assets 2017: $17,565,9452017Assets 2018: $20,341,732Liabilities 2018: $6,675Net Assets 2018: $20,335,0572018Assets 2019: $20,938,909Liabilities 2019: $18,958Net Assets 2019: $20,919,9512019Assets 2020: $20,693,869Liabilities 2020: $50,640Net Assets 2020: $20,643,2292020Assets 2021: $26,456,917Liabilities 2021: $46,115Net Assets 2021: $26,410,8022021Assets 2022: $22,367,101Liabilities 2022: $55,969Net Assets 2022: $22,311,1322022Assets 2023: $25,793,495Liabilities 2023: $5,393Net Assets 2023: $25,788,1022023Assets 2024: $27,978,563Liabilities 2024: $11,869Net Assets 2024: $27,966,6942024

Highlighted filing

2017

Assets$17,588,813
Liabilities$22,868
Net Assets$17,565,945
Open 2017 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2012: $987,0282012Revenue 2013: $2,934,554Expenses 2013: $270,020Net Income 2013: $2,664,5342013Revenue 2014: $1,680,609Expenses 2014: $390,704Net Income 2014: $1,289,9052014Revenue 2015: $3,384,644Expenses 2015: $374,664Net Income 2015: $3,009,9802015Revenue 2016: $1,460,408Expenses 2016: $895,405Net Income 2016: $565,0032016Revenue 2017: $3,829,659Expenses 2017: $663,114Net Income 2017: $3,166,5452017Revenue 2018: $2,961,584Expenses 2018: $655,829Net Income 2018: $2,305,7552018Revenue 2019: $1,026,780Expenses 2019: $763,820Net Income 2019: $262,9602019Revenue 2020: $1,012,597Expenses 2020: $787,880Net Income 2020: $224,7172020Revenue 2021: $1,571,014Expenses 2021: $1,115,150Net Income 2021: $455,8642021Revenue 2022: $8,520,675Expenses 2022: $1,184,800Net Income 2022: $7,335,8752022Revenue 2023: $2,705,892Expenses 2023: $1,264,002Net Income 2023: $1,441,8902023Revenue 2024: $987,029Expenses 2024: $1,138,729Net Income 2024: -$151,7002024

Highlighted filing

2017

Revenue$3,829,659
Expenses$663,114
Net Income$3,166,545
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 20, 2017
Return Version
2016v3.0
Gross Receipts
$14,568,969
Mission and Program Overview

Mission

Promote, encourage, and aid Montcalm Community College in educational, library, scientific, and scholarship activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,346,020$16,798,044▲ $3,452,024
Cash and Non-Interest-Bearing Accounts$376,340$653,159▲ $276,819
Other Notes and Loans Receivable, Net$623,330$137,610▼ $485,720
Total Assets$14,345,690$17,588,813▲ $3,243,123
Liabilities
Accounts Payable and Accrued Expenses-$22,868-
Total Liabilities$0$22,868▲ $22,868
Net Assets / Fund Balance
Temporarily Rstr Net Assets$14,345,690$11,410,576▼ $2,935,114
Unrestricted Net Assets-$5,842,830-
Permanently Rstr Net Assets-$312,539-
Total Net Assets Fund Balance$14,345,690$17,565,945▲ $3,220,255
Total Liabilities and Net Assets / Fund Balance$14,345,690$17,588,813▲ $3,243,123

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$13,965,768$107,616▲ $2,065,464-$15,475,735
2016$13,780,685$1,024,760▲ $114,579-$13,965,768
2015$10,792,298$3,056,834▲ $360,696-$13,780,685
2014$9,502,393$302,531▲ $1,405,313-$10,792,298
2013$8,340,464$1,030,117▲ $887,777-$9,502,393
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleOtherTotal
Connie L StewartAsst Treasurer$100,613$100,613
Michelle GibsonDirector$71,422$71,422

Board Members and Trustees

NameTitle
Tom KohnPast President
Jane A BeachPresident
Ransom LeppinkVice President
Dallas LincolnDirector
Donald C BurnsDirector
Richard AdgateDirector
Robert A MarstonDirector
Wayne KorsonDirector
William CookDirector
Robert C FerrentinoSecretary
Richard EllafritsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,197,826
Program Service Revenue
$0
Investment Income
$1,631,833
Other Revenue
$0
All Other Contributions
$2,197,826
Change in Net Assets
$3,166,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$566,606
Other Expenses$96,508
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$335,632--$335,632
Grants to Domestic Individuals$230,974--$230,974
Fees for Service Investment Mgmnt Fees-$50,909-$50,909
Other Expenses$110--$110
Total Functional Expenses$612,205$50,909$0$663,114
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montcalm Community CollegeSidney, MI115capital projects$335,632
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The assistant treasurer will review the 990 and provide An electronic copy of the 990 to the board for their input prior to filing.”

Form 990, Part VI, Section B, line 12C

“The board of directors of the Montcalm Community College Foundation adopted a conflict of interest policy which is monitored quarterly by the chair of the organization.”

Form 990, Part VI, Section B, line 15

“The Montcalm Community College Foundation does not compensate any individual. Any compensation for listed individuals is soley from Montcalm Community College and pertains solely to their duties at Montcalm Community College, not the Montcalm Community College Foundation.”

Form 990, Part VI, Section C, line 19

“All governing documents, including minutes of meetings, forms 990, and filings with the State of Michigan are available upon request.”

Filing and Contact Details

Filer

Filer Name
Montcalm Community College Foundation
EIN
38-2371295
Phone
9893281249
Address
2800 College Dr, Sidney, MI 48885-9723

Signing Officer

Name
Connie Stewart
Title
Assistant Treasurer
Phone
9893281249
Signed
2017-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Connie Stewart
Formed
1980
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Rehmann Robson LLC
Address
2330 East Paris Ave SE, Grand Rapids, MI 49546
Preparer
Kerry J Nelson CPA
Phone
6169754100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The process for selecting and overseeing the work of the independent auditor has not changed from the prior year.”

Financial Statement Notes

Part V, Line 4:

“Funds were used for scholarships and program services, dual enrollment, early college, cultural series programming, student study abroad trip.”

Part X, Line 2:

“The Foundation has evaluated its income tax position for the years 2014 through 2017, the years which remain subject to examination by major tax jurisdictions as of June 30, 2017. The Foundation concluded that there are no significant uncertain tax positions requiring recognition in these financial statements. The Foundation does not expect the total amount of unrecognized tax benefits ("UTB") (e.g. tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The Foundation does not have any amounts accrued for interest and penalties related to UTBs at June 30, 2017 or 2016, and it is not aware of any claims for such amounts by federal or state income tax authorities.”

Raw XML AppendixShowing 400 of 503 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03166545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02197826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01367850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03056834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0302531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02046817
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08971858
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0385657
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt092558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0235934
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0147343
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0236773
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01098265
IRS990ScheduleA/PublicSupportCY170Pct00.89090
IRS990ScheduleA/PublicSupportPY170Pct00.87210
IRS990ScheduleA/PublicSupportTotal170Amt08971858
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02197826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01367850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03056834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0302531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02046817
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08971858
IRS990ScheduleA/TotalSupportAmt010070123
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.24000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0146976
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013965768
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0107616
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt015475735
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0516137
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02065464
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0120357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013780685
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01024760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013965768
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0833899
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0114579
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt093737
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010792298
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03056834
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013780685
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0335406
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0360696
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt046320
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt09502393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0302531
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010792298
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0371619
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01405313
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt068690
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08340464
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01030117
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt09502393
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0687275
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0887777
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.02000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Funds were used for scholarships and program services, dual enrollment, early college, cultural series programming, student study abroad trip.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation has evaluated its income tax position for the years 2014 through 2017, the years which remain subject to examination by major tax jurisdictions as of June 30, 2017. The Foundation concluded that there are no significant uncertain tax positions requiring recognition in these financial statements. The Foundation does not expect the total amount of unrecognized tax benefits ("UTB") (e.g. tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The Foundation does not have any amounts accrued for interest and penalties related to UTBs at June 30, 2017 or 2016, and it is not aware of any claims for such amounts by federal or state income tax authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.74000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0230974
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0347
IRS990ScheduleI/RecipientTable/CashGrantAmt0335632
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0capital projects
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Montcalm Community College
IRS990ScheduleI/RecipientTable/RecipientEIN0381790920
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02800 College Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Sidney
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048885
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant/Scholarships are awarded based on eligibility guidelines specific to each fund. Final selection and use of the award is determined by either the scholarship selection committee or the foundation board of directors.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0164181
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Robert C Ferrentino
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0164181
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The assistant treasurer will review the 990 and provide An electronic copy of the 990 to the board for their input prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board of directors of the Montcalm Community College Foundation adopted a conflict of interest policy which is monitored quarterly by the chair of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Montcalm Community College Foundation does not compensate any individual. Any compensation for listed individuals is soley from Montcalm Community College and pertains solely to their duties at Montcalm Community College, not the Montcalm Community College Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, including minutes of meetings, forms 990, and filings with the State of Michigan are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR SELECTING AND OVERSEEING THE WORK OF THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Montcalm Community College
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381790920
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Higher Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02800 College Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Sidney

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,588,813
Liabilities
$22,868
Net assets
$17,565,945
Revenue
$3,829,659
Expenses
$663,114
Net income
$3,166,545
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.0$0.01$28.0$0.99$1.14$0.15
2023Detailed filing. Detailed filing data is available for this year.$25.8$0.01$25.8$2.71$1.26$1.44
2022Detailed filing. Detailed filing data is available for this year.$22.4$0.06$22.3$8.52$1.18$7.34
2021Detailed filing. Detailed filing data is available for this year.$26.5$0.05$26.4$1.57$1.12$0.46
2020Detailed filing. Detailed filing data is available for this year.$20.7$0.05$20.6$1.01$0.79$0.22
2019Detailed filing. Detailed filing data is available for this year.$20.9$0.02$20.9$1.03$0.76$0.26
2018Detailed filing. Detailed filing data is available for this year.$20.3$0.01$20.3$2.96$0.66$2.31
2017Detailed filing. Detailed filing data is available for this year.$17.6$0.02$17.6$3.83$0.66$3.17
2016Detailed filing. Detailed filing data is available for this year.$14.3$0.00$14.3$1.46$0.90$0.57
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.56$13.8$3.38$0.37$3.01
2014Detailed filing. Detailed filing data is available for this year.$11.3$0.52$10.8$1.68$0.39$1.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.10$11.0$2.93$0.27$2.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.39$0.05$8.34$0.99