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SPRINGFIELD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SPRINGFIELD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (EIN 22-2612044)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-25
IRS object ID
202411169349300111
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-25T10:33:53-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN222027092PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WITHUM SMITH BROWN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line125 BRAINTREE HILL OFC PK SUITE 102AddressLine1Txt
CityBRAINTREECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02184ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222612044EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SPRINGFIELD TECHNICAL COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSPRIBusinessNameControlTxt
Phone4137554473PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 ARMORY SQUAREAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01105ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR KAREN L WALKERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4137554473PhoneNum
Signature2024-04-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDRPersonFirstNm
Person LastKAREN L WALKERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL J COSGROVEPreparerPersonNm
PTINP02127030PTIN
Phone6174711120PhoneNum
Preparation2024-04-22PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJENNIFER BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 ARMORY SQUAREAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01105ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$997,744GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.STCC.EDU/GIVE/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers27TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$235,034PYContributionsGrantsAmt
CY Contributions Grants$276,812CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$243,240PYInvestmentIncomeAmt
CY Investment Income$332,325CYInvestmentIncomeAmt
PY Other Revenue$16,632PYOtherRevenueAmt
CY Other Revenue$70,486CYOtherRevenueAmt
PY Total Revenue$8,426PYTotalRevenueAmt
CY Total Revenue$679,623CYTotalRevenueAmt
PY Grants And Similar Paid$330,801PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$158,858CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$99,766CYTotalFundraisingExpenseAmt
PY Other Expenses$175,873PYOtherExpensesAmt
CY Other Expenses$196,903CYOtherExpensesAmt
PY Total Expenses$506,674PYTotalExpensesAmt
CY Total Expenses$355,761CYTotalExpensesAmt
PY Revenues Less Expenses-$498,248PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$323,862CYRevenuesLessExpensesAmt
Total Assets BOY$5,552,891TotalAssetsBOYAmt
Total Assets EOY$6,033,514TotalAssetsEOYAmt
Total Liabilities BOY$5,115TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,547,776NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,033,514NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$158,858ExpenseAmt
Grant$158,858GrantAmt
DescFUNDS OF THE FOUNDATION ARE USED TO PROVIDE STUDENT SUPPORT AND SCHOLARSHIPS, INSTRUCTIONAL INFRASTRUCTURE AND TECHNOLOGY, AND COLLEGE AND COMMUNITY PROGRAMS TO MEET THE REGION'S WORKFORCE AND ECONOMIC DEVELOPMENT NEEDS.Desc
Total Program Service Expenses$158,858TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DR KAREN L WALKER EXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4137554473PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 ARMORY SQUAREAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01105ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
JENNIFER BROWN
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
JACQUELINE JOHNSON
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
PHIL B GONCALVES
TREASURER1.00Yes (X)Yes (X)$0$0$0
DR JOHN B COOK
SECRETARY/COLLEGE PRESIDENT6.00Yes (X)Yes (X)$0$238,497$61,00137.50
QUNNELL ARNOLD
DIRECTOR1.00Yes (X)$0$0$0
TONIA BUTLER PEREZ
DIRECTOR1.00Yes (X)$0$0$0
EUGENE J CASSIDY
DIRECTOR1.00Yes (X)$0$0$0
CARLOS COLONDRES
DIRECTOR1.00Yes (X)$0$0$0
JOELLE CONNOR
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER DEFORGE
DIRECTOR1.00Yes (X)$0$0$0
SHAUN M DWYER
DIRECTOR1.00Yes (X)$0$0$0
ELLEN W FREYMAN
DIRECTOR1.00Yes (X)$0$0$0
DAMION HARPER
DIRECTOR1.00Yes (X)$0$0$0
DR KEVIN T HINCHEY
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
CAROLYN MCCLENDON
DIRECTOR1.00Yes (X)$0$0$0
DONALD MITCHELL
DIRECTOR1.00Yes (X)$0$0$0
D SCOTT PASQUALE
DIRECTOR1.00Yes (X)$0$0$0
JOANNE OLLSON
DIRECTOR1.00Yes (X)$0$0$0
FRANKLIN D QUIGLEY JR
DIRECTOR1.00Yes (X)$0$0$0
DAVID A PARKE
DIRECTOR1.00Yes (X)$0$0$0
ANTHONY RONDINELLI
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH RYAN
DIRECTOR1.00Yes (X)$0$0$0
FELICIA SEYMOUR
DIRECTOR1.00Yes (X)$0$0$0
SARA N SMITH
DIRECTOR1.00Yes (X)$0$0$0
BRIAN P TUOHEY
DIRECTOR1.00Yes (X)$0$0$0
KARA WOOLRIDGE
DIRECTOR1.00Yes (X)$0$0$0
MATTHEW ZICK
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$238,497TotReportableCompRltdOrgAmt
Total Other Compensation$61,001TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$276,812AllOtherContributionsAmt
Noncash Contributions$39,389NoncashContributionsAmt
Total Contributions$276,812TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$230,450TotalRevenueColumnAmt
Exclusion$230,450ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$31,362RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$15,364RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$15,998RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,998TotalRevenueColumnAmt
Related Or Exempt Func Income$9,525RelatedOrExemptFuncIncomeAmt
Exclusion$6,473ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$373,387SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$271,512SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$101,875SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$101,875TotalRevenueColumnAmt
Exclusion$101,875ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$85,733FundraisingGrossIncomeAmt
Fundraising Direct Expenses$31,245FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,488TotalRevenueColumnAmt
Exclusion$54,488ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$679,623TotalRevenueColumnAmt
Related Or Exempt Func Income$9,525RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$393,286ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$158,858TotalAmt
Program Services$158,858ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,845TotalAmt
Management And General$18,845ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$22,927TotalAmt
Management And General$22,927ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$99,766TotalAmt
Fundraising$99,766FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,189TotalAmt
Management And General$11,189ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
PERSONNEL COSTS$19,200$19,200
SOFTWARE AND IT LICENSE$15,981$15,981
MISCELLANEOUS$8,995$8,995

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$355,761TotalAmt
Program Services$158,858ProgramServicesAmt
Management And General$97,137ManagementAndGeneralAmt
Fundraising$99,766FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$200BOYAmt
EOY$200EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$47,045BOYAmt
EOY$42,526EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,417BOYAmt
EOY$62,500EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,086BOYAmt
EOY$16,529EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$497,951LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$497,951BOYAmt
EOY$497,951EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,950,861BOYAmt
EOY$4,365,511EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,048,331BOYAmt
EOY$1,048,297EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,552,891BOYAmt
EOY$6,033,514EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,115BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,115BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$291,857BOYAmt
EOY$233,914EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,255,919BOYAmt
EOY$5,799,600EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,547,776BOYAmt
EOY$6,033,514EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,552,891BOYAmt
EOY$6,033,514EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$323,862ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$101,876NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$60,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$251,349CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$285,851CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$403,245CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$235,034CurrentTaxYearMinus1YearAmt
Current Tax Year$276,812CurrentTaxYearAmt
Total$1,452,291TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$68,216CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$96,435CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$134,182CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$230,088CurrentTaxYearMinus1YearAmt
Current Tax Year$219,769CurrentTaxYearAmt
Total$748,690TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$319,565CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$382,286CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$537,427CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$465,122CurrentTaxYearMinus1YearAmt
Current Tax Year$496,581CurrentTaxYearAmt
Total$2,200,981TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,200,981PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$179,835CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$62,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$101,503CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$23,830CurrentTaxYearMinus1YearAmt
Current Tax Year$261,812CurrentTaxYearAmt
Total$629,565TotalAmt
FieldValueIRS element (for citing)
Total Support$2,830,546TotalSupportAmt
Public Support CY1700.77760PublicSupportCY170Pct
Public Support PY1700.81670PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,379,439BeginningYearBalanceAmt
Contributions$20,894ContributionsAmt
Investment Earnings Or Losses-$410,480InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,900GrantsOrScholarshipsAmt
End Year Balance$968,953EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,495,217BeginningYearBalanceAmt
Contributions$2,012ContributionsAmt
Investment Earnings Or Losses-$97,590InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,200GrantsOrScholarshipsAmt
End Year Balance$1,379,439EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,219,037BeginningYearBalanceAmt
Contributions$3,721ContributionsAmt
Investment Earnings Or Losses$292,760InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,301GrantsOrScholarshipsAmt
End Year Balance$1,495,217EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,168,987BeginningYearBalanceAmt
Contributions$34,624ContributionsAmt
Investment Earnings Or Losses$37,026InvestmentEarningsOrLossesAmt
Grants Or Scholarships$21,600GrantsOrScholarshipsAmt
End Year Balance$1,219,037EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,148,524BeginningYearBalanceAmt
Contributions$100ContributionsAmt
Investment Earnings Or Losses$34,351InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,905GrantsOrScholarshipsAmt
Other Expenditures$1,083OtherExpendituresAmt
End Year Balance$1,168,987EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.43362BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.02181PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.54457TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$497,951InvestmentCostOrOtherBasisAmt
Book Value$497,951BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$497,951TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
CASH SURRENDER VALUE OF LIFE INSURANCE$24,275
BENEFICIAL INTEREST IN CHARITABLE TRUST$541,226
INVESTMENT IN FRIENDS OF STCC FOUNDATION, INC$482,796
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,048,297TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,024,950TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$101,876NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$219,769DonatedServicesAndUseFcltsAmt
Other Revenue$46,609OtherRevenueAmt
Revenue Not Reported$368,254RevenueNotReportedAmt
Revenue Subtotal$656,696RevenueSubtotalAmt
Investment Expenses Not Incld$22,927InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$22,927RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$679,623TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$599,212TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$219,769DonatedServicesUseFcltsAmt
Other Expenses Included$46,609OtherExpensesIncludedAmt
Expenses Not Reported$266,378ExpensesNotReportedAmt
Expenses Subtotal$332,834ExpensesSubtotalAmt
Investment Expenses Not Incld2$22,927InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$22,927ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$355,761TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:EARNINGS FROM ENDOWMENT FUNDS ARE INTENDED FOR THE SUPPORT OF SPRINGFIELD TECHNICAL COMMUNITY COLLEGE.
PART X, LINE 2:THE FOUNDATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE IT MEETS THE QUALIFICATIONS TO BE CLASSIFIED AS A TAX-EXEMPT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE FOUNDATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNREALTED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSTION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES THE STATUTE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 15,364. FUNDRAISING EXPENSES 31,245.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 15,364. FUNDRAISING EXPENSES 31,245.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
WASHBURN & MCGOLDRICK CONSULTANTS
24 N BRYN MAWR AVEBRYN MAWRPA19010GENERAL CONSULTING0$0$29,500$29,500
INSTITUTE FOR PHILANTHROPIC EXCELLENCE
1764 ROUTE 9CLIFTON PARKNY12065GENERAL CONSULTING0$0$44,500$44,500
FieldValueIRS element (for citing)
Total Retained By Contractors$74,000TotalRetainedByContractorsAmt
Total Net To Organization$74,000TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RESILIENCE AWARDSEvent1Nm
Gross Receipts Event1$85,733GrossReceiptsEvent1Amt
Gross Revenue Event1$85,733GrossRevenueEvent1Amt
Rent Facility Costs Event1$31,245RentFacilityCostsEvent1Amt
Gross Receipts Total$85,733GrossReceiptsTotalAmt
Gross Revenue Total Events$85,733GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$31,245RentFcltyCostsTotalEventsAmt
Direct Expense Summary Events$31,245DirectExpenseSummaryEventsAmt
Net Income Summary$54,488NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SPRINGFIELD TECHNICAL COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE ARMORY SQUAREAddressLine1Txt
CitySPRINGFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01105ZIPCd
FieldValueIRS element (for citing)
Recipient EIN042444774RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$158,858CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO PROVIDE ACADEMIC SUPPORT AND OTHER ACTIVITIES AT STCC.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDR JOHN B COOKPersonNm
TitleSECRETARY/COLLEGE PRESIDENTTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$238,497CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$22,759DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$38,242NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$299,498TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$39,389NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:HELP COLLEGE MEET ITS GOALS AND COMMITMENT TO PROVIDE SUPERIOR EDUCATION OPPORTUNITIES IN THE COMMUNITY. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH FUNDRAISING, PROMOTING THE COLLEGE AS A COMMUNITY RESOURCE, AND BY SECURING AND MANAGING PRIVATE RESOURCES, PLANNED GIFTS AND DONATIONS TO SUPPORT SPECIAL PROJECTS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO FILING AND IS APPROVED BY THE AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12CBOARD OFFICERS COLLECT AND MONITOR SIGNED FORMS ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15SALARIES ARE APPROVED AND PAID BY SPRINGFIELD TECHNICAL COMMUNITY COLLEGE IN ACCORDANCE WITH GUIDELINES SET BY THE COMMONWEALTH OF MASSACHUSETTS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 99,766. TOTAL EXPENSES 99,766.
FORM 990, PART XII, LINE 2C:THE BOARD OF DIRECTORS APPROVES THE CPA FIRM TO PERFORM THE AUDIT AND REVIEWS THE AUDITED FINANCIAL STATEMENTS BEFORE THEY ARE FINALIZED. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
SPRINGFIELD TECHNICAL COMMUNITY COLLEGE
ONE ARMORY SQUARESPRINGFIELDMA01105042444774HIGHER EDUCATIONMA1150
FRIENDS OF STCC FOUNDATION INC
ONE ARMORY SQUARESPRINGFIELDMA01105824794780SUPPORT STCC FOUNDATION, INC.MA501(C)(3)0LINE 12A, I
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SPRINGFIELD TECHNICAL COMMUNITY COLLEGE
B$158,858CASH PAID
SPRINGFIELD TECHNICAL COMMUNITY COLLEGE
O$219,769FMV