2015-02-13T18:10:00-06:00 2014-06-30 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVE SUITE 1800 SPOKANE WA 992010629 990 2013-07-01 820337334 NORTH IDAHO COLLEGE FOUNDATION INC NORT 2087695978 1000 W GARDEN AVENUE COEUR DALENE ID 83814 RAYELLE ANDERSON EXECUTIVE DIRECTOR 2087695978 2015-02-13 1 EMINA O CRESSWELL CPA P01217304 5097472600 2013 2016-02-25 16:41:14Z RAYELLE ANDERSON 1000 W GARDEN AVENUE COEUR DALENE ID 83814 5861892 0 X WWW.NIC.EDU/FOUNDATION X 1977 ID NORTH IDAHO COLLEGE FOUNDATION WAS FOUNDED TO PROVIDE A FOCUSED EFFORT TO ENCOURAGE PRIVATE SUPPORT FOR THE EDUCATIONAL MISSION OF NORTH IDAHO COLLEGE. THE FOUNDATION STRIVES TO ENHANCE AVAILABLE CAPITAL FOR STUDENT SCHOLARSHIPS, EDUCATIONAL FACILITIES, PROGRAMS AND PROJECTS THAT WOULD NOT BE FUNDED THROUGH TRADITIONAL SOURCES OF SUPPORT. 26 26 0 171 0 0 815412 921614 0 0 421806 400798 288761 202307 1525979 1524719 934972 1108678 0 0 141623 142066 0 0 124798 241702 150954 1318297 1401698 207682 123021 19494325 22411022 517567 540395 18976758 21870627 NORTH IDAHO COLLEGE FOUNDATION PROVIDES A FOCUSED EFFORT TO ENCOURAGE PRIVATE SUPPORT FOR THE EDUCATIONAL MISSION OF NORTH IDAHO COLLEGE. 0 0 1110941 1108678 NORTH IDAHO COLLEGE FOUNDATION, INC. PROVIDES SCHOLARSHIPS AND OTHER SOURCES OF ASSISTANCE TO NORTH IDAHO COLLEGE STUDENTS, FACULTY AND FOR EDUCATIONAL ACTIVITIES. 1110941 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 6 1 0 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X OLIVE ALLISON 2087695978 1000 W GARDEN AVE COEUR DALENE ID 83814 TOM TORGERSON DIRECTOR 1.00 X 0 0 0 TROY TYMESEN DIRECTOR 1.00 X 0 0 0 BRADLEY DUGDALE JR DIRECTOR 1.00 X 0 0 0 BRITT TOWERY DIRECTOR 1.00 X 0 0 0 JAMES EISSES DIRECTOR 1.00 X 0 0 0 CASEY MEZA DIRECTOR 1.00 X 0 0 0 PATTY SHEA DIRECTOR 1.00 X 0 0 0 JOHN GOEDDE DIRECTOR 1.00 X 0 0 0 RON JACOBSON DIRECTOR 1.00 X 0 0 0 PETER SMITH DIRECTOR 1.00 X 0 0 0 MARK FISHER DIRECTOR 1.00 X 0 0 0 SUSAN THILO DIRECTOR 1.00 X 0 0 0 JODY AZEVEDO DIRECTOR 1.00 X 0 0 0 CHRIS MEYER DIRECTOR 1.00 X 0 0 0 JOSEPH ABATE DIRECTOR 1.00 X 0 0 0 ROD COLWELL DIRECTOR 1.00 X 0 0 0 STEVE MASTERSON DIRECTOR 1.00 X 0 0 0 MARC WALLACE DIRECTOR 1.00 X 0 0 0 PAT CLEVENGER DIRECTOR 1.00 X 0 0 0 DAVID WOLD DIRECTOR 1.00 X 0 0 0 R JAMES COLEMAN DIRECTOR 1.00 X 0 0 0 CJ BUCK DIRECTOR 1.00 X 0 0 0 TIMOTHY KOMBEREC IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 MICHELLE HANELINE TREASURER 2.00 X X 0 0 0 K JOHN YOUNG PRESIDENT 2.00 X X 0 0 0 STEVE MEYER VICE PRESIDENT/PRESIDENT ELECT 2.00 X X 0 0 0 JOSEPH DUNLAP SECRETARY 2.00 X 0 0 0 RAYELLE ANDERSON EXECUTIVE DIRECTOR 45.00 X 50352 0 8893 50352 0 8893 0 0 0 0 0 16191 905423 100231 921614 400798 400798 4000000 4000000 0 27934 16191 10603 17331 17331 500000 326570 173430 173430 OTHER INCOME 999999 11546 11546 11546 1524719 0 0 603105 1108678 1108678 63329 27762 35567 70002 30437 39565 8735 4016 4719 2213 2213 17135 17135 70874 70874 27828 2263 481 25084 11154 953 10201 30 30 5011 4232 779 7948 7826 122 PLANNED GIVING CULTIVAT 7000 0 0 7000 PRESIDENT'S DEVELOPMENT 1761 0 0 1761 1401698 1110941 165959 124798 14811 5456 2564866 2365049 40413 966 2871 8727 139913 9913 130000 130000 26928 4528811 16369953 14903147 344483 468866 19494325 22411022 21167 40395 496400 500000 517567 540395 X 3288007 3933849 5245960 7021256 10442791 10915522 18976758 21870627 19494325 22411022 X 123021 2710848 60000 X 0 1 X 1 0 X 3566040 1376968 907106 815412 921614 7587140 3566040 1376968 907106 815412 921614 7587140 3039078 4548062 366947 418624 400677 421806 400798 2008852 9595992 2682208 0.47400 0.38260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16222837 456724 2743541 490299 18932803 14239785 283659 2063804 364411 16222837 14042207 403043 79999 285464 14239785 11133082 1023014 2103282 217171 14042207 8099547 2187905 1139732 294102 11133082 0.13640 0.57650 0.28710 0 0 130000 130000 4819 4819 0 5094 5094 0 130000 COMMON FUND SECURITIES 14903147 F 14903147 X 4561866 2710848 397173 3108021 1453845 70874 70874 1524719 1667997 337173 337173 1330824 70874 70874 1401698 PART V, LINE 4: THE ENDOWMENT HAS BEEN ESTABLISHED TO SUSTAIN OUR CHARITABLE MISSION AND TO PROVIDE A LONG TERM SOURCE OF INCOME FOR PROVIDING SCHOLARSHIPS TO STUDENTS OF NORTH IDAHO COLLEGE AND FOR SUPPORTING OTHER PROGRAMS OF NORTH IDAHO COLLEGE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OPERATING EXPENSES. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014 AND 2013. NO INTEREST AND PENALTIES WERE ACCRUED FOR THE YEARS ENDED JUNE 30, 2014 AND 2013. THE FOUNDATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE IDAHO CHARITIES DIVISION. THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2010 FOR ITS FEDERAL FILINGS AND BEFORE 2009 FOR ITS STATE FILINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 326,570. FUNDRAISING DIRECT EXPENSES 10,603. PURCHASE DISCOUNTS 60,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING DIRECT EXPENSES 326,570. FUNDRAISING DIRECT EXPENSES 10,603. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 42187 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 167481 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 400331 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 63176 NORTH AMERICA (CANADA AND MEXICO) 0 0 INVESTMENTS 29596 SOUTH AMERICA 0 0 INVESTMENTS 181315 SOUTH ASIA 0 0 INVESTMENTS 36801 0 0 0 0 0 0 920887 0 920887 0 0 0 0 0 0 PART I, LINE 2: INVESTMENTS ARE ACCOUNTED FOR IN THE ORGANIZATION'S FINANCIAL STATEMENTS USING THE FAIR MARKET VALUE OF EACH FUND. THE AMOUNT IN COLUMN (F) IS THE COST BASIS PER THE INVESTMENT STATEMENT. BON APPETIT 44125 16191 27934 8708 1895 44125 16191 27934 8708 1895 10603 17331 500000 295586 30984 1 0.89000 500000 295586 30984 326570 173430 ID 1 0 1 0 0.00000 1.00000 KRISTEN MCFADDEN 1000 W GARDEN AVE COEUR DALENE ID 83814 0 KRISTEN MCFADDEN OLIVE ALLISON 0 KRISTEN MCFADDEN, CO-GAMING MANAGER, DUTIES INCLUDE EVENT AND TICKET SALE COORDINATION, PROMOTION, AND VOLUNTEER RECRUITMENT. OLIVE ALLISON, CO-GAMING MANAGER, DUTIES INCLUDE RECORD KEEPING, REPORTING, AND DEPOSITS.COMPENSATION - EACH INDIVIDUAL ABOVE INCORPORATES THEIR ACTIVITIES FOR THE "REALLY BIG RAFFLE" INTO THEIR DUTIES AS BOOKKEEPER (MS. ALLISON) AND DATABASE INFORMATION COORDINATOR (MS. MCFADDEN). AS SUCH, THEIR PAY IS NOT SPECIFICALLY LINKED TO THEIR ACTIVITIES AS "GAMING MANAGER." X 1 173430 1 NORTH IDAHO COLLEGE 1000 W GARDEN AVE COEUR DALENE ID 83814 826000936 501(C)(3) 1108672 SCHOLARSHIPS & PROGRAM SUPPORT 1 0 PART I, LINE 2: STUDENT SCHOLARSHIP FUNDS ARE AWARDED BY NORTH IDAHO COLLEGE THROUGH AN INDEPENDENT SELECTION PROCESS INVOLVING COMMITTEES BASED ON THE CRITERIA OF EACH SCHOLARSHIP FUND. THE FOUNDATION DOES NOT CHOOSE RECIPIENTS, RATHER, THE FOUNDATION SENDS FUNDS TO THE COLLEGE INDICATING HOW MUCH IS AVAILABLE FOR EACH FUND, ALONG WITH THE CRITERIA FOR EACH FUND. FOUNDATION GRANTS ARE MADE AVAILABLE TO THE COLLEGE'S STAFF, FACULTY, AND STUDENT GROUPS THROUGH A COMPETITIVE PROCESS. GRANTS ARE NOT FOR PERSONAL REWARD BUT MUST BE RELATED TO PROJECTS AND PROGRAMS THAT FURTHER THE MISSION OF THE COLLEGE. AWARDS ARE DISTRIBUTED TO GRANTEES VIA THE COLLEGE DEPARTMENTS AND IN LINE WITH THE COLLEGE'S PURCHASING PROCESS. X 1 75038 SALES PRICE/FMV X BUILDING & SU 14 12603 COST OF DONATED ITEM X PRIZES & GIFT 50 11639 COST OF DONATED ITEM X FOOD & DRINKS 2 951 SALES PRICE/FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 COPY IS PROVIDED TO ORGANIZATION'S TREASURER, WHO IS CURRENTLY A CPA, AND THE EXECUTIVE DIRECTOR WHO REVIEW AND APPROVE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY WITH BOARD MEMBERS, THEN AGAIN AS NEEDED FOR SPECIFIC ISSUES COMING TO THE BOARD'S ATTENTION. PARTIES WHO HAVE A POTENTIAL CONFLICT ARE TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR SALARY IS DETERMINED BY NORTH IDAHO COLLEGE. NORTH IDAHO COLLEGE BASES ALL SALARIES ON A MARKET BASED SALARY SURVEY. THE PORTION OF THE SALARY PAID BY NORTH IDAHO COLLEGE FOUNDATION IS APPROVED BY THE BOARD IN ITS APPROVAL OF THE BUDGET FOR THE FOUNDATION, USUALLY IN JUNE OF THE PREVIOUS FISCAL YEAR, AND THE PROCESS IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR INSPECTION UPON REQUEST. FORM 1023 WAS FILED BEFORE JULY 15, 1987 AND NO COPY WAS ON FILE ON JULY 15, 1987. THEREFORE, THIS FORM IS NOT REQUIRED TO BE AVAILABLE FOR PUBLIC INSPECTION PER INSTRUCTIONS FOR THIS LINE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PURCHASE DISCOUNTS 60,000.