2024-12-06T12:24:34-06:00 2024-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2023-07-01 581311669 CHATTANOOGA STATE COMMUNITY COLLEGE FOUNDATION CHAT 4236974487 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 ROWENA BELCHER CHAIRMAN 4236974487 2024-12-03 1 1 JANICE A RATICA P00358837 7043338881 2024-11-06 2023 2024-10-15 13:58:12Z ROWENA BELCHER 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 910358 0 X N/A X 1978 TN TO SUPPORT AND ADVANCE THE GOALS IN SUPPORT OF THE MISSION OF CHATTANOOGA STATE COMMUNITY COLLEGE. 16 16 0 16 6471 3611 625016 502224 0 0 344066 310959 0 -8679 969082 804504 970722 697997 0 0 0 0 0 0 0 72608 74995 1043330 772992 -74248 31512 10112121 11033138 57978 80213 10054143 10952925 TO BENEFIT AND CARRY OUT THE EDUCATIONAL PURPOSES OF CHATTANOOGA STATE COMMUNITY COLLEGE. 0 0 417537 417537 PROVIDE FUNDING TO MEET THE NEEDS OF APPROXIMATELY 24 DEPARTMENTS/PROGRAMS AT CHATTANOOGA STATE COMMUNITY COLLEGE. ITEMS TYPICALLY PROVIDED INCLUDE SUPPLIES AND/OR EQUIPMENT. 276710 276710 PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 135 STUDENTS OF CHATTANOOGA STATE COMMUNITY COLLEGE. 3750 3750 PROVIDE FUNDING FOR 5 FACULTY/STAFF EXCELLENCE AWARDS, AND FUNDING FOR OTHER FACULTY/STAFF DEVELOPMENT. 697997 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SUSAN JOSEPH 4236973136 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 374061097 X JOE FERGUSON BOARD MEMBER 0.50 X 0 0 0 EDNA VARNER BOARD MEMBER 0.50 X 0 0 0 LARRY PARKS BOARD MEMBER 0.50 X 0 0 0 JAY DALE BOARD MEMBER 0.50 X 0 0 0 ANGEL MOORE BOARD MEMBER 0.50 X 0 0 0 TOM WHITE BOARD MEMBER 0.50 X 0 0 0 MARICELA RODRIGUEZ DDS BOARD MEMBER 0.50 X 0 0 0 DANA B PERRY BOARD MEMBER 0.50 X 0 0 0 JULIE ELSEA BOARD MEMBER 0.50 X 0 0 0 LESLIE GOWER BOARD MEMBER 0.50 X 0 0 0 MARCUS JONES BOARD MEMBER 0.50 X 0 0 0 TIFFANIE ROBINSON BOARD MEMBER 0.50 X 0 0 0 DEBBIE WHITMIRE BOARD MEMBER 0.50 X 0 0 0 ROWENA BELCHER CHAIRMAN 1.00 X X 0 0 0 JOHN F GERM TREASURER 0.50 X X 0 0 0 STEFANIE CROWE SECRETARY 0.50 X X 0 0 0 0 0 0 0 0 0 0 0 97720 404504 502224 224752 6471 218281 150797 64590 86207 86207 86207 32585 97720 41264 -8679 -8679 804504 0 6471 295809 697997 697997 5600 5600 64590 64590 1633 1633 2358 2358 TAXES 814 814 772992 697997 74995 0 826942 765834 622141 453951 8663038 9813353 10112121 11033138 57978 80213 57978 80213 X 1203811 1375488 8850332 9577437 10054143 10952925 10112121 11033138 31512 867270 0 X 0 0 0 X 590052 774687 662984 625016 502225 3154964 590052 774687 662984 625016 502225 3154964 878881 2276083 163617 104582 128514 177109 224753 798575 21466 13433 10988 6471 52358 20000 316 20316 4026213 23920 0.56530 0.61240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6416390 93764 928451 91424 7347181 5927850 101415 620330 233205 6416390 7270066 57250 -987540 411926 5927850 5351508 446424 1631517 159383 7270066 5057813 221486 194671 122462 5351508 0.12558 0.32086 0.55356 0 0 0 HEDGE FUND LIMITED PARTNERSHIP 1139403 F US TREASURY 244376 F CORPORATE STOCK 3254808 F CORPORATE BONDS 182271 F MUTUAL FUND BONDS 1765140 F MUTUAL EQUITY FUNDS 3227355 F 9813353 DINNER OF FIRSTS 130305 97720 32585 27517 13747 130305 97720 32585 27517 13747 41264 -8679 1 CHATTANOOGA STATE COMMUNITY COLLEGE 4501 AMNICOLA HIGHWAY CHATTANOOGA TN 37406 620725362 115 697997 0 FMV SUPPORT FOR SCHOLARSHIPS, SUPPLIES AND FACULTY 1 PART I, LINE 2: THE FOUNDATION MAINTAINS FILES OF APPROVED EXPENDITURE REQUEST FORMS. THESE FORMS SHOW THE PURPOSE/CRITERIA OF THE FUNDS AND THE EXPLANATION OF THE REQUEST. IT IS REVIEWED FOR ELIGIBILITY, APPROVED AND SIGNED. SCHOLARSHIPS ARE AWARDED AMONGST INDIVIDUALS WHO ATTEND THE COLLEGE AND SUBMIT A SCHOLARSHIP APPLICATION. THE APPLICANTS ARE REVIEWED BASED ON SELECTION CRITERIA, WHICH ARE DETAILED IN THE FOUNDATION SCHOLARSHIP POLICY. NO MONEY ACTUALLY GOES TO THE RECIPIENT - THE FUNDS ARE CREDITED TO THE STUDENTS ACCOUNT, THEN THE COLLEGE BILLS THE FOUNDATION FOR THE TOTAL AMOUNT CREDITED FOR THAT PARTICULAR SEMESTER FOR ALL STUDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD CHAIR FOR REVIEW AND SIGNATURE, AND IT IS MADE AVAILABLE TO THE ENTIRE BOARD FOR INSPECTION AND REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER REVIEWS AND ACKNOWLEDGES THE CONFLICTS OF INTEREST POLICY ON AN ANNUAL BASIS. ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD, AND IN THE EVENT A CONFLICT OF INTEREST ACTUALLY EXISTS, THE INTERESTED PERSON IS REQUIRED TO RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS ON VOTE ON THE MATTER. ANY PROPOSED TRANSACTION IN WHICH A CONFLICT OF INTEREST HAS BEEN IDENTIFIED MUST BE APPROVED BY THE MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD OR THE APPROPRIATE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES. INSTEAD, INDIVIDUALS WHO PERFORM SERVICES FOR THE FOUNDATION ARE EMPLOYED BY THE COLLEGE. THE FOUNDATION PAYS A SHARED SERVICE AGREEMENT FEE AND REIMBURSES THE COLLEGE FOR CERTAIN ADMINISTRATIVE EXPENSES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.