Liabilities / Assets
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$1
No earlier filing loaded for comparison.
Net Assets
$0
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$0
No earlier filing loaded for comparison.
Expenses
$0
No earlier filing loaded for comparison.
Net Income
$0
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Nov 20, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $0
Mission and Program Overview
Mission
To serve as a supporting organization for the ntc foundation to receive gifts of real estate, purchase and develop real estate, and/or hold real estate for investment or future development that will benefit the college and its stakeholders.
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOHN TUBBS | Director/President | - | $0 | - | - |
| JENY NIEUWENHUIS | Director/Vice President | - | $0 | - | - |
| CHUCK A GHIDORZI | Director/Secretary | - | $0 | - | - |
| VICKI S JEPPESEN | Ex-Officio Director | - | $0 | - | - |
| ROXANNE LUTGEN | Ex-Officio Director | - | $0 | - | - |
| LORI WEYERS | Ex-Officio Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ntc Property Foundation
- EIN
- 84-3771381
- Phone
- 7158031776
- Address
- 1000 W CAMPUS DRIVE, WAUSAU, WI 54401
Signing Officer
- Name
- Vicki Jeppesen
- Title
- Ex-officio Director
- Phone
- 7158031776
- Signed
- 2020-11-20
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wipfli Llp
- Address
- 1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
- Preparer
- Michael J Peterson CPA
- Phone
- 2187224705
Supplemental Narrative
Additional Explanations
Form 990-ez, Part III, Line 28
“The ntc property foundation, inc. (the "foundation") is supervised, operated by and controlled by the northcentral technical college foundation, inc. (the "college foundation"), an exempt organization under i.r.c. Sec. 501(c)(3) and sec 170(b). The college foundation was formed for the purpose of aiding the students of the northcentral technical college, inc. (the "college") and assisting with the funding of the educational endeavors of the college and its capital endeavors for purposes of providing educational activities. The college is operated as a college or university and is exempt from tax under i.r.c. Sec. 501(c)(3) and sec. 170(b). The foundation's purpose is to support the educational, literary and scientific endeavors of the college through the operations of the college foundation and the activities of the college foundation as set forth below. The college is a technical college, a governmental unit of the state of wisconsin, and a member of the wisconsin technical college system. The ntc property foundation's intent is to support the college and students through investments in intellectual and real property. Profits from these ventures will be distributed to the ntc foundation to be used for scholarships and other college initiatives to support the college's mission.”
Form 990-ez, Part III, Primary Exempt Purpose
“The ntc property foundation, inc. (the "foundation") is supervised, operated by and controlled by the northcentral technical college foundation, inc. (the "college foundation"), an exempt organization under i.r.c. Sec. 501(c)(3) and sec 170(b). The college foundation was formed for the purpose of aiding the students of the northcentral technical college, inc. (the "college") and assisting with the funding of the educational endeavors of the college and its capital endeavors for purposes of providing educational activities. The college is operated as a college or university and is exempt from tax under i.r.c. Sec. 501(c)(3) and sec. 170(b). The foundation's purpose is to support the educational, literary and scientific endeavors of the college through the operations of the college foundation and the activities of the college foundation as set forth below. The college is a technical college, a governmental unit of the state of wisconsin, and a member of the wisconsin technical college system. The ntc property foundation's intent is to support the college and students through investments in intellectual and real property. Profits from these ventures will be distributed to the ntc foundation to be used for scholarships and other college initiatives to support the college's mission.”
Raw XML Appendix167 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR/PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR/VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR/SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EX-OFFICIO DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EX-OFFICIO DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | EX-OFFICIO DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
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| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF THOSE TERMS AS USED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR ANY SUCCESSOR STATUTE THERETO (THE "CODE"), AND IS OPERATED, SUPERVISED AND CONTROLLED BY NORTHCENTRAL TECHNICAL COLLEGE FOUNDATION, INC., WHICH IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. THE CORPORATION SHALL BE OPERATED FOR THE BENEFIT OF AND TO ADVANCE THE MISSION AND THE CHARITABLE, EDUCATION AND SPECIFIC PURPOSES OF THE NORTHCENTRAL TECHNICAL COLLEGE FOUNDATION, INC. AND THE NORTHCENTRAL TECHNICAL COLLEGE. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, LINE 1 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 391266481 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | NORTHCENTRAL TECHNICAL COLLEGE FOUNDATION INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE NTC PROPERTY FOUNDATION, INC. (THE "FOUNDATION") IS SUPERVISED, OPERATED BY AND CONTROLLED BY THE NORTHCENTRAL TECHNICAL COLLEGE FOUNDATION, INC. (THE "COLLEGE FOUNDATION"), AN EXEMPT ORGANIZATION UNDER I.R.C. SEC. 501(C)(3) AND SEC 170(B). THE COLLEGE FOUNDATION WAS FORMED FOR THE PURPOSE OF AIDING THE STUDENTS OF THE NORTHCENTRAL TECHNICAL COLLEGE, INC. (THE "COLLEGE") AND ASSISTING WITH THE FUNDING OF THE EDUCATIONAL ENDEAVORS OF THE COLLEGE AND ITS CAPITAL ENDEAVORS FOR PURPOSES OF PROVIDING EDUCATIONAL ACTIVITIES. THE COLLEGE IS OPERATED AS A COLLEGE OR UNIVERSITY AND IS EXEMPT FROM TAX UNDER I.R.C. SEC. 501(C)(3) AND SEC. 170(B). THE FOUNDATION'S PURPOSE IS TO SUPPORT THE EDUCATIONAL, LITERARY AND SCIENTIFIC ENDEAVORS OF THE COLLEGE THROUGH THE OPERATIONS OF THE COLLEGE FOUNDATION AND THE ACTIVITIES OF THE COLLEGE FOUNDATION AS SET FORTH BELOW. THE COLLEGE IS A TECHNICAL COLLEGE, A GOVERNMENTAL UNIT OF THE STATE OF WISCONSIN, AND A MEMBER OF THE WISCONSIN TECHNICAL COLLEGE SYSTEM. THE NTC PROPERTY FOUNDATION'S INTENT IS TO SUPPORT THE COLLEGE AND STUDENTS THROUGH INVESTMENTS IN INTELLECTUAL AND REAL PROPERTY. PROFITS FROM THESE VENTURES WILL BE DISTRIBUTED TO THE NTC FOUNDATION TO BE USED FOR SCHOLARSHIPS AND OTHER COLLEGE INITIATIVES TO SUPPORT THE COLLEGE'S MISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE NTC PROPERTY FOUNDATION, INC. (THE "FOUNDATION") IS SUPERVISED, OPERATED BY AND CONTROLLED BY THE NORTHCENTRAL TECHNICAL COLLEGE FOUNDATION, INC. (THE "COLLEGE FOUNDATION"), AN EXEMPT ORGANIZATION UNDER I.R.C. SEC. 501(C)(3) AND SEC 170(B). THE COLLEGE FOUNDATION WAS FORMED FOR THE PURPOSE OF AIDING THE STUDENTS OF THE NORTHCENTRAL TECHNICAL COLLEGE, INC. (THE "COLLEGE") AND ASSISTING WITH THE FUNDING OF THE EDUCATIONAL ENDEAVORS OF THE COLLEGE AND ITS CAPITAL ENDEAVORS FOR PURPOSES OF PROVIDING EDUCATIONAL ACTIVITIES. THE COLLEGE IS OPERATED AS A COLLEGE OR UNIVERSITY AND IS EXEMPT FROM TAX UNDER I.R.C. SEC. 501(C)(3) AND SEC. 170(B). THE FOUNDATION'S PURPOSE IS TO SUPPORT THE EDUCATIONAL, LITERARY AND SCIENTIFIC ENDEAVORS OF THE COLLEGE THROUGH THE OPERATIONS OF THE COLLEGE FOUNDATION AND THE ACTIVITIES OF THE COLLEGE FOUNDATION AS SET FORTH BELOW. THE COLLEGE IS A TECHNICAL COLLEGE, A GOVERNMENTAL UNIT OF THE STATE OF WISCONSIN, AND A MEMBER OF THE WISCONSIN TECHNICAL COLLEGE SYSTEM. THE NTC PROPERTY FOUNDATION'S INTENT IS TO SUPPORT THE COLLEGE AND STUDENTS THROUGH INVESTMENTS IN INTELLECTUAL AND REAL PROPERTY. PROFITS FROM THESE VENTURES WILL BE DISTRIBUTED TO THE NTC FOUNDATION TO BE USED FOR SCHOLARSHIPS AND OTHER COLLEGE INITIATIVES TO SUPPORT THE COLLEGE'S MISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2021-04-22 16:20:28Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | VICKI JEPPESEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EX-OFFICIO DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7158031776 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-11-20 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NTCP |
| ReturnHeader/Filer/EIN | 0 | 843771381 |
| ReturnHeader/Filer/PhoneNum | 0 | 7158031776 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | WAUSAU |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 54401 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 05365E77D662BDC17E2AAA2C6021CC7EC3235B8D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9747BB8E0DC0E78824B7C9EDF76D609BB7F00C05 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.13.38.61 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-20 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 04:33:45 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390758449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WIPFLI LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1502 LONDON ROAD SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DULUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55812 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2187224705 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL J PETERSON CPA |
| ReturnHeader/ReturnTs | 0 | 2020-11-23T07:03:44-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-08-08 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $0
- Expenses
- $0
- Net income
- $0