2024-02-27T17:07:04-05:00 2023-06-30 364051858 JOHN KASPEREK CO INC 1471 RING RD CALUMET CITY IL 60409 990 2022-07-01 237191738 SOUTH SUBURBAN COLLEGE FOUNDATION SOUT 7085962000 15800 SOUTH STATE STREET SOUTH HOLLAND IL 60473 SUSAN COX FOUNDATION PRESIDENT 7085962000 2024-02-15 true SUSAN COX true STEPHANIE BLANCO P00448595 7088622262 2024-02-23 2022 2023-04-26 12:10:37Z SUSAN COX 15800 SOUTH STATE STREET SOUTH HOLLAND IL 60473 430816 false X WWW.SSC.EDU/ X 1975 IL SUPPORT THE EDUCATIONAL PURPOSES AND OBJECTIVES OF SOUTH SUBURBAN COLLEGE WITH A PRIMARY FOCUS ON STUDENT SCHOLARSHIPS. 27 27 0 31 0 517660 264755 221753 39750 24422 24892 100333 74063 864168 403460 202198 105542 0 0 0 0 188896 189068 391094 294610 473074 108850 1698599 1930320 120080 107568 1578519 1822752 X SUPPORT THE EDUCATIONAL PURPOSES AND OBJECTIVES OF SOUTH SUBURBAN COLLEGE WITH A PRIMARY FOCUS ON STUDENT SCHOLARSHIPS. true false 49312 SCHOLARSHIPS AND GRANTS AWARDED TO STUDENTS. 42086 PEER MENTOR PROGRAM FOR STUDENTS THROUGH EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC). THE PEER MENTORS SERVE AS POSITIVE SOCIAL AND ACADEMIC ROLE MODELS TO SUPPORT AND ENCOURAGE STUDENTS THROUGH A SMOOTH TRANSITION TO SOUTH SUBURBAN COLLEGE. 14144 15500 STUDENT EMERGENCY AID PROGRAM THROUGH THE EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC) TO PROVIDE FINANCIAL SUPPORT UP TO $500 PER STUDENT FOR SHORT-TERM, NONRECURRING EMERGENCIES. 49503 24250 155045 true true false false false false false false false true true false false false true true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 11 0 false 0 false false false false false true true false false false false false false false false false false false false false X 27 27 false false false false false false false true true false false true true true true false false false false false IL X ZANETTA MILLER 7085962000 15800 SOUTH STATE ST SOUTH HOLLAND IL 60473 X SUSAN COX PRESIDENT 1 X 0 0 0 WYATT LOVE VICE PRESIDENT 1 X 0 0 0 JOHN KASPEREK JR TREASURER 1 X 0 0 0 LYNETTE D STOKES EX-OFFICIO 1 X 0 0 0 ZANETTA MILLER EXECUTIVE DIRECTOR 40 X 0 0 0 LAURA HARLEY-SIMPSON DIRECTOR 1 X 0 0 0 LEONARD BOOS DIRECTOR 1 X 0 0 0 PAT EAVES-HEARD DIRECTOR 1 X 0 0 0 TOY ANN MCCRAY DIRECTOR 1 X 0 0 0 TODD DYKTON DIRECTOR 1 X 0 0 0 REBECCA GARCIA DIRECTOR 1 X 0 0 0 SONIA GOMEZ DIRECTOR 1 X 0 0 0 ROBIN JAMES DIRECTOR 1 X 0 0 0 ARLO KALLEMEYN DIRECTOR 1 X 0 0 0 JOHN R KOLAVO DIRECTOR 1 X 0 0 0 JIM LANIGAN DIRECTOR 1 X 0 0 0 LINDA L LARSON DIRECTOR 1 X 0 0 0 ANGELA SHUMPERT DIRECTOR 1 X 0 0 0 VINCENT MARTINEZ DIRECTOR 1 X 0 0 0 PATRICK RUSH DIRECTOR 1 X 0 0 0 LAURA PATTERSON DIRECTOR 1 X 0 0 0 GEORGE SMOLAR DIRECTOR 1 X 0 0 0 NEAL SPANN DIRECTOR 1 X 0 0 0 TIM WOLOSZYN DIRECTOR 1 X 0 0 0 KIM ZUBRICKAS DIRECTOR 1 X 0 0 0 JOHN VELEZ DIRECTOR 1 X 0 0 0 CINDY NYLEN DIRECTOR 1 X 0 0 0 false false false 264755 167190 264755 WEI FUND WORKFORCE EQUITY INITIATIVE 611710 3000 3000 ECMC FUND STUDENT EMERGENCY AID PROGRAM 611710 15500 15500 COLLEGE FACILITY ROOM RENOVATION 230000 6250 6250 ZUCCARELLI PARK COLLEGE FACILITY 230000 15000 15000 39750 24892 24892 30513 27356 3157 3157 REALIZED INVEST LOSS 900099 -11678 -11678 CONTRIBUTED SERVICES 900099 82584 82584 70906 403460 122334 16371 105542 105542 26083 26083 14180 14180 1509 1509 1000 1000 LICENSES AND FEES 709 709 ADMINISTRATIVE STAFF 13500 13500 CONTRIBUTED SERVICES 82584 82584 OTHER PROGRAM EXPENSES 49503 49503 294610 155045 139565 0 96077 76581 583867 556453 167190 167190 1018655 1130096 1698599 1930320 120080 107568 120080 107568 X -176741 1755260 1822752 1578519 1822752 1698599 1930320 108850 57117 82584 -4318 X false true X true false X 88028 168485 477118 739413 304505 1777549 88028 168485 477118 739413 304505 1777549 1777549 27314 23864 23989 24422 24892 124481 1902030 0.93455 0.92649 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 501545 501545 501545 501545 501545 501545 501545 501545 496545 5000 501545 1 false false false 167190 167190 167190 SCHOLARSHIPS PAYABLE 107568 107568 566199 57117 82584 27356 167057 399142 4318 4318 403460 321966 27356 27356 294610 294610 PART X, LINE 2 THE FOUNDATION ADOPTED FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS A TAX EXEMPT, NOT-FOR-PROFIT ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ( IRC ). AS SUCH, THE FOUNDATION IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES EXCEPT FOR CERTAIN INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AS DEFINED BY THE IRC. ANY SUCH TAXES RESULTING FROM UNRELATED BUSINESS ACTIVITIES ARE INSIGNIFICANT TO THE OPERATIONS OF THE FOUNDATION. U.S. GAAP PRESCRIBES RECOGNITION THRESHOLDS AND MEASUREMENT ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX BENEFITS WILL BE RECOGNIZED ONLY IF THE TAX POSITION IS MORE-LIKELY-THAN-NOT SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. MANAGEMENT HAS CONCLUDED THAT THEY ARE UNAWARE OF ANY TAX BENEFITS OR LIABILITIES TO BE RECOGNIZED AT JUNE 30, 2023. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY U.S. FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2020 AND ALL STATE INCOME TAXES THROUGH 2020. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE FOUNDATION WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE FOUNDATION HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2023. PART XI, LINE 2D FUNDRAISING EXPENSES PART XII, LINE 2D FUNDRAISING EXPENSES X false IL GOLF OUTING 30513 30513 19906 5250 2200 30513 30513 19906 5250 2200 27356 3157 false false false false false false false false false true AWARDS & SCHOLARSHIPS 120 49312 FMV STUDENT ASSISTANCE ECMC 32 14144 FMV PEER MENTOR PROGRAM ECMC 12 42086 FMV X PRINTING EQUIPMENT 3 167190 FMV false false false FORM 990, PART III, LINE 4d OTHER PROGRAM SERVICE EXPENSES (& ANY RELATED PROGRAM SERVICE REVENUE) ZUCCARELLI PARK COLLEGE FACILITY EXP: $24,949 (REVENUE: $15,000) JANE STOCKER ADULT ED.: $755 PREDOMINATLY BLACK INSTITUTION ENDOWMENT: $450 GENERAL SCHOLARSHIPS: $945 SSCF SUMMER SCHOOL: $300 MI-JACK COLLEGE FACILITY ROOM RENOVATION: (REVENUE: $6,250) WORKFORCE EQUITY INITIATIVE: (REVENUE: $3,000) OTHER STUDENT ASSIST PROGRAM EXP: $22,105 TOTAL OTHER PROGRAM SERVICES: $49,503 (REVENUE: $24,250) PART VI, SECTION A, LINE 8a MEETINGS ARE DOCUMENTED AND ARE AVAILABLE UPON REQUEST AT THE FOUNDATION OFFICE. PART VI, SECTION A, LINE 8b MEETINGS ARE DOCUMENTED AND ARE AVAILABLE UPON REQUEST. PART VI, SECTION B, LINE 11 TREASURER REVIEWS 990 WITH BOARD AT ITS EXECUTIVE MEETING BEFORE FILING. FORM 990, PART III, LINE 2 PEER MENTOR PROGRAM THROUGH THE EDUCATIONAL CREDIT MANAGEMENT CORPORATION (ECMC). THE PEER MENTORS SERVE AS POSITIVE SOCIAL AND ACADEMIC ROLE MODELS TO SUPPORT AND ENCOURAGE STUDENTS THROUGH A SMOOTH TRANSITION, ACCLIMATION, AND SENSE OF BELONGING TO SOUTH SUBURBAN COLLEGE. PART VI, SECTION B, LINE 12c BOARD SIGNS CONFLICT OF INTEREST POLICY ANNUALLY. PART VI, SECTION C, LINE 19 THE FOUNDATION CONSTITUTION AND BY-LAWS ARE AVAILABLE ON THE WEBSITE. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE FOUNDATION OFFICE.