STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION (EIN 91-1163554)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-02-13
IRS object ID
201500449349301645
Schema version
2013v4.0
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)
Return2015-02-13T14:03:47-06:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911194016PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLARK NUBER PSBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110900 NE 4TH STREET SUITE 1700AddressLine1
CityBELLEVUECity
StateWAState
ZIP Code98004ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN911163554EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NORTH SEATTLE COMMUNITY COLLEGE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlNORTBusinessNameControlTxt
Phone2063748844PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 2ND AVENUE NO 280AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98121ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCINDY R SEREMEKPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2063748844PhoneNum
Signature2015-02-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEGAN RYANPreparerPersonNm
PTINP00737884PTIN
Phone4254544919PhoneNum
Preparation2015-02-11PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN FINANCIAL SOLUTIONSBusinessNameLine1
FieldValueIRS element (for citing)
Principal OfficerCINDY R SEREMEKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 2ND AVENUE NO 280AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98121ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$3,873,035GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MYFINANCIALGOALS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionNORTH SEATTLE COMMUNITY COLLEGE FOUNDATION PROMOTES, SUPPORTS, MAINTAINS, DEVELOPS, AND EXTENDS EDUCATIONAL OFFERINGS AND THE PURSUIT THEREOF AT OR IN CONNECTION WITH NORTH SEATTLE COLLEGE.AMERICAN FINANCIAL SOLUTIONS (AFS) IS A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, THE MISSION OF WHICH IS TO EMPOWER PEOPLE TO IMPROVE THE QUALITY OF THEIR LIVES THROUGH FINANCIAL EDUCATION AND COUNSELING. WE REDIRECT A PORTION OF OUR PROCEEDS TO A FUND THAT PROVIDES STUDENT SCHOLARSHIPS, FACULTY GRANTS, AND OTHER ACADEMIC PROGRAMS FOR NORTH SEATTLE COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee42TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,300,804PYContributionsGrantsAmt
CY Contributions Grants$1,867,050CYContributionsGrantsAmt
PY Program Service Revenue$2,284,198PYProgramServiceRevenueAmt
CY Program Service Revenue$1,955,636CYProgramServiceRevenueAmt
PY Investment Income$37,752PYInvestmentIncomeAmt
CY Investment Income$50,349CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$4,622,754PYTotalRevenueAmt
CY Total Revenue$3,873,035CYTotalRevenueAmt
PY Grants And Similar Paid$250,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$250,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,583,064PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,324,433CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,677,018PYOtherExpensesAmt
CY Other Expenses$1,427,574CYOtherExpensesAmt
PY Total Expenses$4,510,082PYTotalExpensesAmt
CY Total Expenses$4,002,007CYTotalExpensesAmt
PY Revenues Less Expenses$112,672PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$128,972CYRevenuesLessExpensesAmt
Total Assets BOY$7,219,753TotalAssetsBOYAmt
Total Assets EOY$7,012,301TotalAssetsEOYAmt
Total Liabilities BOY$1,453,003TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,210,244TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,766,750NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,802,057NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION (THE FOUNDATION) OPERATES EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED. - SEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,307,779ExpenseAmt
Revenue$1,955,636RevenueAmt
DescCONSUMER CREDIT COUNSELING PROGRAM TO ASSIST FINANCIALLY DISTRESSEDINDIVIDUALS GAIN CONTROL OF PERSONAL FINANCIAL SITUATIONS THROUGHEDUCATION AND INDIVIDUALLY TAILORED SOLUTIONS. NET REVENUES ARE AVAILABLE AT THE DISCRETION OF THE BOARD TO FUND THE FOUNDATION'S FINANCIAL AND PROGRAMMATIC SUPPORT OF THE COLLEGE.CREDIT COUNSELING - AMERICAN FINANCIAL SOLUTIONS (AFS) HELPS CLIENTSFREE THEMSELVES FROM THE ANXIETY AND STRESS OF CREDIT, DEBT ANDFINANCIAL WORRIES BY PROVIDING CREDIT COUNSELING, FINANCIAL EDUCATIONAND DEBT MANAGEMENT SERVICES THAT PUT CLIENTS IN CONTROL OF THEIRFINANCIAL SUCCESS. 9,498 CLIENTS WERE COUNSELED IN A CONFIDENTIAL,ONE-ON-ONE COUNSELING SESSION, WHERE CERTIFIED CREDIT COUNSELORS HELP ASSESS CLIENTS' SITUATIONS AND IDENTIFY OPTIONS TO MANAGE AND PAY OFF DEBTS. THERE IS NO CHARGE FOR COUNSELING OR EDUCATION SERVICES. DEBT MANAGEMENT PLANS - ONE OF THE OPTIONS AVAILABLE TO CLIENTS WHO ARESTRUGGLING WITH REPAYING UNSECURED DEBT IS A DEBT MANAGEMENT PLAN. ADEBT MANAGEMENT PLAN IS A WAY TO CONSOLIDATE CREDIT AND UNSECURED DEBTINTO ONE MONTHLY PAYMENT THAT FITS WITHIN A CLIENT'S BUDGET, ALLOWINGREPAYMENT OF DEBTS MORE QUICKLY OVER TIME THAN WOULD OTHERWISE BEPOSSIBLE. CHARGES APPLY TO ENROLL IN DEBT MANAGEMENT PLANS. THESE FEES ARE REGULATED BY THE 48 STATES IN WHICH AFS IS LICENSED AND BY INDUSTRYGUIDELINES DEVELOPED BY NON-PROFIT CREDIT COUNSELING AGENCIES. 1,673DEBT MANAGEMENT PLANS WERE ENTERED INTO DURING THE FISCAL YEAR.HOME FORECLOSURE COUNSELING - AFS IS A SUB-GRANTEE OF THE WASHINGTON STATE HOUSING FINANCE COMMISSION, A HUD-APPROVED HOUSING COUNSELINGAGENCY. AFS OFFERS ASSISTANCE TO CLIENTS TO HELP THEM TRY TO AVOID THELOSS OF THEIR HOMES. IN CONFIDENTIAL, ONE-ON-ONE COUNSELING SESSIONS,563 CLIENTS WERE OFFERED HELP BY AFS COUNSELORS WHO ASSESS THEIRSITUATIONS, INFORM THEM OF OPTIONS AND WORK DIRECTLY WITH THEIR LENDERSTO TRY TO FIND SOLUTIONS THAT WILL WORK FOR THE CLIENT. MORTGAGECOUNSELING SESSIONS ARE OFFERED FREE OF CHARGE TO CLIENTS.COUNSELING BEFORE BANKRUPTCY - IN CONFIDENTIAL, ONE-ON-ONE COUNSELINGSESSIONS, AFS CERTIFIED CREDIT COUNSELORS HELPED 320 CLIENTS ASSESSTHEIR CURRENT INCOME AND ASSETS VERSUS MONTHLY EXPENSES AND DEBTS. WITHTHIS INFORMATION, AFS CREATES AN ACCURATE AND DETAILED MONTHLY BUDGETTHAT CAPTURES THE CLIENT'S OVERALL FINANCIAL SITUATION. THIS PROCESSALLOWS THE COUNSELOR TO BETTER EXPLAIN WHAT BANKRUPTCY MEANS TO THECLIENT AND THE POSSIBLE ALTERNATIVES FOR HANDLING DEBTS. AFS ISAPPROVED BY THE EXECUTIVE OFFICE FOR U.S. TRUSTEES (EOUST) TO ISSUECERTIFICATES OF CREDIT COUNSELING IN COMPLIANCE WITH THE BANKRUPTCYCODES OF ARIZONA, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, MAINE, MARYLAND, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW JERSEY, NEW YORK, NORTH DAKOTA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON AND WISCONSIN. APPROVAL DOES NOT ENDORSE OR ASSURE THE QUALITY OF AN AGENCY'S SERVICES.POST-BANKRUPTCY EDUCATION - THE BANKRUPTCY CODE REQUIRES CONSUMERS TOCOMPLETE AN APPROVED FINANCIAL EDUCATION COURSE, ALSO KNOWN ASPOST-BANKRUPTCY CREDIT COUNSELING, WITH AN APPROVED AGENCY BEFORE DEBTS CAN BE DISCHARGED. AFS PROVIDES THIS COURSE UTILIZING THE "MONEY INMOTION" PROGRAM. AFS IS APPROVED BY THE EXECUTIVE OFFICE FOR U.S.TRUSTEES (EOUST) TO PROVIDE THE REQUIRED POST-BANKRUPTCY EDUCATION INCOMPLIANCE WITH THE BANKRUPTCY CODES OF ARIZONA, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, MAINE, MARYLAND, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW JERSEY, NEW YORK, NORTH DAKOTA, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON AND WISCONSIN. THERE WERE 190 CLIENTS SERVED DURING THE YEAR.DURING FY 2014, AFS DEVELOPED THE "ROADMAP FOR STUDENTS", A STUDENT LOAN FINANCIAL EDUCATION PROGRAM THAT IS USED TO PROVIDE CURRENT STUDENTS, PROSPECTIVE STUDENTS, AND FORMER STUDENTS WITH FINANCIAL EDUCATION RELATING TO CREDIT AND FINANCES IN GENERAL AND STUDENT LOANS IN PARTICULAR. THE PROGRAM CONSISTS OF IN-PERSON AND TELEPHONE FINANCIAL EDUCATION COUNSELING, FINANCIAL EDUCATION BOOKLETS, AN ONLINE COURSE, A WEBPAGE, FINANCIAL EDUCATION NEWSLETTERS, A MOVABLE APPLICATION FOR SMARTPHONES, AND OTHER COMPONENTS. APPROXIMATELY 51 STUDENTS TOOK ADVANTAGE OF THIS PROGRAM IN FY 2014.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$250,000ExpenseAmt
Grant$250,000GrantAmt
DescSUPPORTS NORTH SEATTLE COLLEGE THROUGH FINANCIAL CONTRIBUTIONS FOR SCHOLARSHIPS, FACULTY GRANTS AND OTHER PURPOSES, AND BY PROVIDING FOUNDATION PERSONNEL THE RESOURCES FOR SPECIFIC EDUCATIONAL PROJECTS IN COLLABORATION WITH THE COLLEGE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$14,822ExpenseAmt
DescPUBLIC EDUCATIONAL OUTREACH ACTIVITIES FOCUSING ON CONSUMER DEBT ANDOTHER PERSONAL FINANCE SUBJECTS, INCLUDING FREE WORKSHOPS, SEMINARS, PUBLICATIONS AND ONLINE COURSES. 2,278 INDIVIDUALS PARTICIPATED IN FACE TO FACE EDUCATION CLASSES, WHILE 3,129 INDIVIDUALS PARTICIPATED IN ON-LINE EDUCATION CLASSES.FINANCIAL LITERACY EDUCATION - AMERICAN FINANCIAL SOLUTIONS, IN PARTNERSHIP WITH THE SEATTLE COMMUNITY COLLEGES TELEVISION AND NORTH SEATTLE COLLEGE, HAS CREATED EIGHT POWERFUL PERSONAL FINANCE COURSES THAT ARE AVAILABLE TO THE PUBLIC ONLINE FOR FREE, WITH AN OPTION TO RECEIVE A CERTIFICATE FOR THE STUDENT'S CREDIT FILE, CALLED "INVESTING IN YOURSELF." THIS SERIES OF PROGRAMS TEACHES THE ESSENTIALS OF SMART MONEY MANAGEMENT. AFS ALSO CONDUCTS WORKSHOPS IN THE WESTERN WASHINGTON COMMUNITY TO BUILD FINANCIAL LITERACY AND HELP PERSONS TO BETTER MANAGE THEIR MONEY. A VARIETY OF PROGRAMS ARE AVAILABLE FOR ADULTS, YOUNG ADULTS, PARENTS AND TEACHERS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,572,601TotalProgramServiceExpensesAmt
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 CounselingYes (1)CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee42EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
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 FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THERESE COADBusinessNameLine1
FieldValueIRS element (for citing)
Phone2063748877PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12815 2ND AVENUE 280AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98121ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEROME GRONFEIN
CHAIR1.00Yes (X)Yes (X)$2,100$0$0
JOSEPH JAHN
VICE-CHAIR1.00Yes (X)Yes (X)$2,100$0$0
JAMES MEDLEY
SECRETARY1.00Yes (X)Yes (X)$1,800$0$0
DR RONALD LAFAYETTE
DIRECTOR THRU 02/141.00Yes (X)$1,800$0$0
CAROLYN BARTON
DIRECTOR1.00Yes (X)$1,800$0$0
WADE PARROTT
DIRECTOR1.00Yes (X)$1,200$0$0
SYLVESTER IFFERT
DIRECTOR1.00Yes (X)$1,200$0$0
REED DAVIS
DIRECTOR1.00Yes (X)$900$0$0
V LEE OKARMA REES
DIRECTOR1.00Yes (X)$1,500$0$0
MARK MITSUI
EX-OFFICIO THRU 07/131.00Yes (X)$0$0$0
MARY ELLEN O'KEEFFE
DIRECTOR, EX-OFFICIO1.00Yes (X)$0$0$0
CINDY R SEREMEK
PRESIDENT45.00Yes (X)$144,367$0$20,414
DEREK OLSON
TREASURER THRU 01/1410.00Yes (X)$42,000$0$0
THERESE COAD
TREASURER FROM 01/1420.00Yes (X)$0$0$0
KEVIN F CROWE
DIR OF REG COMPLIANCE THRU 03/1440.00$138,398$0$19,265Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$339,165TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$39,679TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
AMERIX CORPORATION
9755 PATUXENT WOODS DRIVE STE 100COLUMBIAMD21046RESIDUAL CONTRACT PAYMENTS$172,644
GOOGLE
1600 AMPHITHEATRE PARKWAYMOUNTAIN VIEWCA94043MARKETING$146,077
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Government Grants$133,490GovernmentGrantsAmt
All Other Contributions$1,733,560AllOtherContributionsAmt
Total Contributions$1,867,050TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCLIENT/SETUP, NSF FEESDesc
Business541990BusinessCd
Total Revenue Column$1,955,636TotalRevenueColumnAmt
Related Or Exempt Func Income$1,955,636RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,955,636TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,104TotalRevenueColumnAmt
Exclusion$50,104ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$245OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$245OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$245TotalRevenueColumnAmt
Exclusion$245ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,873,035TotalRevenueColumnAmt
Related Or Exempt Func Income$1,955,636RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$50,349ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$250,000TotalAmt
Program Services$250,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$217,428TotalAmt
Program Services$54,357ProgramServicesAmt
Management And General$163,071ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,651,828TotalAmt
Program Services$1,592,903ProgramServicesAmt
Management And General$58,925ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$18,134TotalAmt
Program Services$16,034ProgramServicesAmt
Management And General$2,100ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$272,633TotalAmt
Program Services$263,665ProgramServicesAmt
Management And General$8,968ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$164,410TotalAmt
Program Services$151,204ProgramServicesAmt
Management And General$13,206ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,262TotalAmt
Management And General$6,262ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$29,216TotalAmt
Program Services$29,216ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,862TotalAmt
Management And General$19,862ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,680TotalAmt
Program Services$5,680ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$257,178TotalAmt
Program Services$257,178ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$293,715TotalAmt
Program Services$272,247ProgramServicesAmt
Management And General$21,468ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$45,509TotalAmt
Program Services$37,024ProgramServicesAmt
Management And General$8,485ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$211,082TotalAmt
Program Services$177,336ProgramServicesAmt
Management And General$33,746ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,095TotalAmt
Program Services$8,274ProgramServicesAmt
Management And General$24,821ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$29,181TotalAmt
Program Services$26,098ProgramServicesAmt
Management And General$3,083ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$181,387TotalAmt
Program Services$142,822ProgramServicesAmt
Management And General$38,565ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROCESSING FEES$136,491$136,491
DUES & SUBSCRIPTIONS$64,859$58,373$6,486
LICENSE/PERMITS/FEES$60,002$60,002
CLIENT EDUCATION$14,822$14,822

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$39,233TotalAmt
Program Services$18,875ProgramServicesAmt
Management And General$20,358ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,002,007TotalAmt
Program Services$3,572,601ProgramServicesAmt
Management And General$429,406ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$997,200BOYAmt
EOY$530,664EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,671,576BOYAmt
EOY$4,304,418EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$132,531BOYAmt
EOY$117,089EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,229BOYAmt
EOY$37,404EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$61,838BOYAmt
EOY$157,129EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$817,706LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$742,010LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$34,626BOYAmt
EOY$75,696EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$215,253BOYAmt
EOY$1,705,401EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$84,500BOYAmt
EOY$84,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,219,753BOYAmt
EOY$7,012,301EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$552,860BOYAmt
EOY$507,580EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$12,501BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$887,642BOYAmt
EOY$702,664EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,453,003BOYAmt
EOY$1,210,244EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,766,750BOYAmt
EOY$5,802,057EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,766,750BOYAmt
EOY$5,802,057EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,219,753BOYAmt
EOY$7,012,301EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$128,972ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$164,279NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,126,727CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,179,449CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,216,045CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,300,804CurrentTaxYearMinus1YearAmt
Current Tax Year$1,867,050CurrentTaxYearAmt
Total$17,690,075TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,126,727CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,179,449CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,216,045CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,300,804CurrentTaxYearMinus1YearAmt
Current Tax Year$1,867,050CurrentTaxYearAmt
Total$17,690,075TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,472,383SubstantialContributorsTotAmt
Public Support Total170$13,217,692PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,154CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$61,338CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,152CurrentTaxYearMinus1YearAmt
Current Tax Year$50,104CurrentTaxYearAmt
Total$234,226TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$314,270CurrentTaxYearMinus4YearsAmt
Total$314,270TotalAmt
FieldValueIRS element (for citing)
Total Support$18,238,571TotalSupportAmt
Gross Receipts Rltd Activities$13,003,247GrossReceiptsRltdActivitiesAmt
Public Support CY1700.72470PublicSupportCY170Pct
Public Support PY1700.83950PublicSupportPY170Pct
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

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$110,004OtherCostOrOtherBasisAmt
Depreciation$110,004DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$663,092OtherCostOrOtherBasisAmt
Depreciation$632,006DepreciationAmt
Book Value$31,086BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$44,610OtherCostOrOtherBasisAmt
Book Value$44,610BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$75,696TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$4,037,314TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$164,279NetUnrealizedGainsInvstAmt
Revenue Not Reported$164,279RevenueNotReportedAmt
Revenue Subtotal$3,873,035RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,873,035TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,002,007TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,002,007ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,002,007TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 2B:FormAndLineReferenceDesc
ExplanationAMERICAN FINANCIAL SOLUTIONS, A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, COLLECTS PAYMENTS FROM CLIENTS THAT IT DISTRIBUTES TO VARIOUS CREDITORS ON THE CLIENT'S BEHALF IN ACCORDANCE WITH EACH CLIENT'S DEBT MANAGEMENT PLAN. THE AMOUNTS COLLECTED BUT NOT YET REMITTED TO CREDITORS ARE SHOWN AS CASH HELD IN TRUST WITH A CORRESPONDING LIABILITY FOR THE AMOUNTS HELD IN TRUST.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
NORTH SEATTLE COLLEGE
9600 COLLEGE WAY NORTHSEATTLEWA98103910826872GOV'T ENTITY$235,000SCHOLARSHIPS FOR STUDENTS, FACULTY GRANTS, COLLEGE PROGRAMS AND OTHER ACADEMIC PURPOSES AT THE DISCRETION OF THE COLLEGE PRESIDENT.
NORTH SEATTLE COLLEGE EDUCATION FUND
9600 COLLEGE WAY NORTHSEATTLEWA98103412178833501(C)(3)$15,000SPONSORSHIP FOR AUCTION AND SCHOLARSHIPS FOR STUDENTS.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationNORTH SEATTLE COMMUNITY COLLEGE FOUNDATION GRANTED FUNDS FOR SCHOLARSHIPS, FACULTY GRANTS AND OTHER PURPOSES. A SUMMARY IS RECEIVED FROM THE RECIPIENTS SHOWING HOW THE FUNDS WERE SPENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
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 (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CINDY R SEREMEK
PRESIDENT$144,367$0$0$0$0$0$4,305$0$16,109$0$164,781$0$0$0
KEVIN F CROWE
DIR OF REG COMPLIANCE THRU 03/14$138,398$0$0$0$0$0$3,156$0$16,109$0$157,663$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 6 - VOLUNTEER ACTIVITIES:THERE WERE 4 VOLUNTEERS DURING THE YEAR. 2 VOLUNTEERS SERVED ON THE BOARD OF DIRECTORS AS EX-OFFICIO AND 2 INDIVIDUALS PERFORMED ADMINISTRATIVE DUTIES FOR THE ORGANIZATION. THE ADDITIONAL 6 VOTING DIRECTORS OF THE BOARD CONTRIBUTED A SIGNIFICANT AMOUNT OF TIME TO THE ORGANIZATION. HOWEVER, THEY RECEIVED A NOMINAL MEETING FEE FOR THEIR SERVICE AND ARE THEREFORE NOT INCLUDED ON PART I, LINE 6 OF THE TAX RETURN.
FORM 990, PART III, LINE 1, ORGANIZATION MISSION STATEMENTINCLUDING PROMOTING, SUPPORTING, MAINTAINING, DEVELOPING, AND EXTENDING EDUCATIONAL OFFERINGS AND THE PURSUIT THEREOF AT OR IN CONNECTION WITH NORTH SEATTLE COLLEGE. AMERICAN FINANCIAL SOLUTIONS (AFS) IS A DIVISION OF NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION, A NON-PROFIT 501(C)(3) TAX EXEMPT ORGANIZATION. AFS IS DEDICATED TO: -EDUCATING THE GENERAL PUBLIC ON THE PROPER USE OF CREDIT, DEBT MANAGEMENT, AND RELATED PURPOSES. -PROVIDING FINANCIAL SUPPORT TO NORTH SEATTLE COLLEGE TO FUND STUDENT SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAMS. NO PART OF THE NET EARNINGS OF THE FOUNDATION OR OF AFS INURES TO THE BENEFIT OF ANY PRIVATE PERSON OR ORGANIZATION OTHER THAN STUDENT SCHOLARSHIPS AND RELATED PROGRAMS OF NORTH SEATTLE COLLEGE. AFS WAS ESTABLISHED AS A PROGRAM OF THE FOUNDATION DURING THE FISCAL YEAR ENDED JUNE 30, 1999. AFS OPERATES A CONSUMER CREDIT COUNSELING PROGRAM AND AS SUCH, OFFERS COUNSELING, EDUCATION, REFERRAL RESOURCES, AND DEBT MANAGEMENT PROGRAMS TO ITS CALLERS. AFS ALSO OFFERS A VARIETY OF EDUCATIONAL AND COUNSELING RESOURCES AND PROGRAMS TO THE GENERAL PUBLIC AND COMMUNITY ORGANIZATIONS. THE PURPOSE OF THESE SERVICES IS TO ENABLE FINANCIALLY DISTRESSED PEOPLE TO HAVE A BETTER UNDERSTANDING OF THEIR PERSONAL FINANCES AND USE OF CREDIT BY OFFERING RESOURCES AND ALTERNATIVES TO THEM. PROGRAMS OFFERED INCLUDE FINANCIAL LITERACY EDUCATION, CREDIT COUNSELING, DEBT MANAGEMENT PLANS, HOME FORECLOSURE COUNSELING, COUNSELING BEFORE BANKRUPTCY AND POST-BANKRUPTCY EDUCATION.
FORM 990, PART VI, SECTION B, LINE 11EACH BOARD MEMBER IS PROVIDED A COPY OF THE FORM 990 AND ASKED TO REVIEW THE FORM AND PROVIDE ANY COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12COFFICERS AND DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE YEARLY. THE ORGANIZATION'S ATTORNEY REVIEWS ALL INFORMATION TO ENSURE THERE ARE NO CONFLICTS. IF A CONFLICT OF INTEREST ARISES WITH A BOARD MEMBER, THEY WILL NOT BE ABLE TO PARTICIPATE IN DISCUSSION OR VOTE ON SUCH TRANSACTION OR ARRANGEMENT.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS REVIEWS AND SETS THE SALARY OF THE CEO BASED UPON COMPARABILITY DATA. IN ADDITION, THEY APPROVE THE SALARIES SUGGESTED BY THE CEO FOR HER DIRECT REPORTS. SALARY REVISIONS WERE BASED ON LOCAL SALARY SURVEYS OBTAINED AND JOB PERFORMANCE. THE LAST COMPENSATION REVIEW WAS PERFORMED IN AUGUST OF 2013.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION WOULD REVIEW EACH REQUEST AND IF DEEMED REASONABLE, PROVIDE COPIES OF THE REQUESTED DATA.
FORM 990, PART VIII, LINE 2NSF REFERS TO NON-SUFFICIENT FUNDS.
I.R.C. SECTION 501(Q) DISCLOSURETHE INTERNAL REVENUE SERVICE HAS ESTABLISHED GUIDELINES FOR TAX EXEMPT CREDIT COUNSELING ORGANIZATIONS, WHICH ARE DESCRIBED IN IRC SECTION 501(Q). NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION REVIEWS THESE GUIDELINES EACH YEAR AND VERIFIES THAT IT DOES MEET THE REQUIREMENTS OF IRC SECTION 501(Q), AS FOLLOWS: THE ORGANIZATION PROVIDES CREDIT COUNSELING SERVICES TAILORED TO THE SPECIFIC NEEDS AND CIRCUMSTANCES OF THE CONSUMER; DOES NOT MAKE LOANS TO DEBTORS; PROVIDES ONLY INCIDENTAL SERVICES TO IMPROVE CONSUMER CREDIT RECORDS AND CREDIT HISTORY, AND DOES NOT CHARGE A SEPARATE FEE FOR SUCH SERVICES; DOES NOT REFUSE SERVICES BASED ON ABILITY TO PAY OR INELIGIBILITY/UNWILLINGNESS OF CONSUMER TO ENROLL IN A DEBT MANAGEMENT PLAN (DMP); CHARGES REASONABLE FEES AND PROVIDES WAIVERS IF CONSUMER IS UNABLE TO PAY; THE MAJORITY OF THE ORGANIZATION'S BOARD MEMBERS REPRESENT BROAD INTERESTS OF THE PUBLIC AND ARE NOT EMPLOYED BY THE ORGANIZATION OR BENEFIT FROM IT; THE ORGANIZATION DOES NOT HAVE OWNERSHIP IN AN ENTITY THAT IS INVOLVED IN THE CREDIT COUNSELING OR SIMILAR BUSINESS; AND DOES NOT PAY FOR REFERRALS OR RECEIVE AMOUNTS FOR PROVIDING REFERRALS FOR DEBT MANAGEMENT PLANS. IN ADDITION, THE ORGANIZATION DOES NOT SOLICIT CONTRIBUTIONS FROM CONSUMERS DURING THE INITIAL COUNSELING PROCESS, OR WHILE A CONSUMER IS RECEIVING SERVICES FROM ORGANIZATION; AND THE AMOUNT OF REVENUE THE ORGANIZATION RECEIVES FROM ITS CUSTOMERS' CREDITORS ATTRIBUTABLE TO DMP SERVICES DOES NOT EXCEED THE LIMIT OF 50 PERCENT OF TOTAL REVENUES.