2011-11-15T16:19:29-06:00 2010-12-31 DIXON HUGHES GOODMAN LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2010-01-01 203950078 TIDEWATER COMMUNITY COLLEGE REAL ESTATE FOUNDATION INC TIDE 7578221122 121 COLLEGE PLACE 5TH FLOOR NORFOLK VA 23510 FRANKLIN T DUNN 7578221122 2011-11-15 1 GEORGE J WALKER CPA 7576245100 2010 2016-03-07 17:11:31Z DONALD Z GOLDBERG 121 COLLEGE PLACE NORFOLK VA 23510 125599 0 X N/A X 2006 VA TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF TIDEWATER COMMUNITY COLLEGE. 6 6 0 0 0 0 0 0 0 0 32368 125599 0 0 32368 125599 0 0 0 0 0 0 0 0 0 98607 201857 98607 201857 -66239 -76258 5708881 6421625 550 72673 5708331 6348952 TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF TIDEWATER COMMUNITY COLLEGE. 0 0 157925 MATTERS PERTAINING TO REAL PROPERTY FOR THE BENEFIT OF THE COLLEGE. 157925 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 VA X X TIDEWATER COMMUNITY COLLEGE 7578221122 121 COLLEGE PLACE NORFOLK VA NORFOLK VA 23510 X DEBORAH M DICROCE 1.00 X 0 0 0 DORCAS HELFANT-BROWNING 1.00 X 0 0 0 DONALD GOLDBERG 1.00 X X 0 0 0 FRANKLIN T DUNN 1.00 X X 0 0 0 LEE B ARMISTEAD 1.00 X X 0 0 0 JERROLD L MILLER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 125599 125599 125599 0 0 125599 2675 2675 88895 57638 31257 33148 33148 CONTRACT SERVICES 52500 52500 OTHER 14639 14639 ACCOUNTING SERVICES 10000 10000 201857 157925 43932 0 805784 821676 3292966 2000000 3292966 2903097 1075070 1231913 5708881 6421625 550 72673 550 72673 X 5708331 6348952 5708331 6348952 5708881 6421625 X -76258 716879 X X 0 1 1 X 0 X X 0 0 0 TIDEWATER COMMUNITY COLLEGE 541268286 501(C)3 1 1 1 0 1 0 479691 479691 2200758 2200758 612517 612517 3292966 MONEY MARKET FUNDS 133 F CERTIFICATES OF DEPOSIT 1231780 F 1231913 125599 201857 -76258 36430 680449 716879 640621 842478 36430 680449 716879 125599 0 125599 201857 0 201857 0 201857 PART XI, LINE 8 - OTHER ADJUSTMENTS: PROPERTY TRANSFER FROM COMMONWEALTH OF VA 680,449. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROPERTY TRANSFER FROM AFFILIATE 680,449. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CHAIR, WHO IN TURN REPORTS TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE FOR PUBLIC INSPECTION THROUGH GUIDE STAR. FORM 990, PART X, LINE 10A LAND, BUILDINGS, AND EQUIPMENT INCLUDES PROPERTY TRANSFERRED FROM THE COMMONWEALTH OF VA STATE BOARD FOR COMMUNITY COLLEGES WHICH IS REFLECTED AT THE COST BASIS OF THE TRANSFEROR. MANAGEMENT ESTIMATES THE FAIR MARKET VALUE TO BE APPROXIMATELY $59,000,000 AS OF 12/31/10. INCLUDED BELOW IS A RECONCILIATION OF THE COST BASIS TO THE ESTIMATED FAIR MARKET VALUE AS OF 12/31/10: COST BASIS $ 680,449 ADJUSTMENT TO FMV $58,319,551 ESTIMATED FMV $59,000,000 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 36,430. PROPERTY TRANSFER FROM COMMONWEALTH OF VA 680,449. TOTAL TO FORM 990, PART XI, LINE 5: 716,879. NO CHANGE FROM PRIOR YEAR TIDEWATER COMMUNITY COLLEGE 121 COLLEGE PLACE NORFOLK VA 23510 541268286 SCHOOL/COLLEGE VA 501C3 SCHOOL/COLLEGE N/A 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 TIDEWATER COMMUNITY COLLEGE I 675000 EXPECTED RENTS OVER LEASE TERM