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EIN 27-0137175

Somerset Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Somerset
State
Kentucky
Year formed
2007
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
The Somerset Community College Foundation conducts and carries out work for charitable, scientific, literary, or educational purposes to stimulate voluntary financial support for Somerset Community College. Its scholarship program provides opportunities for students who exhibit fitting characteristics or achievements in their educational process. The foundation also utilizes the Community Workforce and Economic Development (CWED) and other academic programs to provide training to business and industries as well as continuing education programs for the community.
Total revenues
$329,399
2023
Total expenses
$459,704
2023
Total assets
$889,002
2023
Num. employees
0
2023

Program areas at Somerset Community College Foundation

Scholarship program is used to provide scholarships to students who might not otherwise have the opportunity to further their education or who have exhibited characteristics and achievements in their educational process that is deemed fitting of recognition and reward.
Community Workforce and Economic Development (CWED) and other academic programs is used to provide training to business and industries and continuing education programs for the community as needed.
Other program expenses are amounts used to support Somerset Community College in a variety of general ways.

Who funds Somerset Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$75,000
Pcca Education and Research FoundationGrant$0

Personnel at Somerset Community College Foundation

NameTitleCompensation
Cindy ClouseExecutive Director$0
Donald BloomerSecretary and Treasurer$0
Mike TarterChairperson$0
Robert ParkerVice Chairperso$0
Mike ChandlerChairman / Director$0
...and 4 more key personnel

Financials for Somerset Community College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$319,435
Program services$0
Investment income and dividends$9,964
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$329,399

Form 990s for Somerset Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-14990View PDF
2022-062022-11-14990View PDF
2021-062021-11-12990View PDF
2020-062021-03-31990View PDF
2019-062020-01-24990View PDF
...and 9 more Form 990s
Data update history
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 1 new personnel
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
State / local levelManagement and technical assistanceGala fundraisersTax deductible donationsNo full-time employees
General information
Address
808 Monticello St
Somerset, KY 42501
County
Pulaski County, KY
Phone
(606) 451-6618
IRS details
EIN
27-0137175
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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