2024-04-25T07:30:00-05:00 2023-06-30 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2022-07-01 364112897 SOUTHEAST TECHNICAL COLLEGE FOUNDATION SOUT 6053675751 2320 N CAREER AVE SIOUX FALLS SD 571071301 TONY NOUR CHAIR 6053675751 2024-04-17 1 TONY NOUR XXX-XX-XXXX 1 LAURIE HANSON CPA P00851848 6053391999 2024-04-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X TONY NOUR 2320 N CAREER AVE SIOUX FALLS SD 571071301 882756 0 X WWW.SOUTHEASTTECH.EDU/FOUNDATION X 1996 SD PROVIDE SUPPORT TO SOUTHEAST TECHNICAL COLLEGE AND ITS STUDENTS. 19 19 0 17 0 0 783775 867137 0 0 1668 15619 0 0 785443 882756 454027 763230 0 0 0 0 0 0 0 197483 176233 651510 939463 133933 -56707 2181218 2251412 0 0 2181218 2251412 THE SOUTHEAST TECH FOUNDATION IS COMMITTED TO BUILDING A SOLID FOUNDATION FOR TOMORROW'S WORKFORCE. THROUGH COMMUNITY INVOLVEMENT, OUR WORKFORCE NEEDS WILL BE FULFILLED BY PROVIDING FINANCIAL RESOURCES THAT ALLOW OUR STUDENTS TO MEET THEIR POTENTIAL. 0 0 763230 763230 EXPAND THE PIPELINE OF TECH CAREER STUDENTS TO FILL MORE HIGH DEMAND JOBS WHICH WILL ENABLE CONTINUED ECONOMIC GROWTH IN SIOUX FALLS. 763230 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X AMY MILLER 6053675751 2320 N CAREER AVE SIOUX FALLS SD 571071301 X X TONY NOUR CHAIR 1.00 X X 0 0 0 TRENT BRUCE VICE CHAIR 1.00 X X 0 0 0 KARLA HAUGAN TREASURER 1.00 X X 0 0 0 MIKE MAY LIASON TO SOUTHEAST TECH COUNCIL 1.00 X X 0 0 0 MARK MICKELSON SOUTHEAST TECH COUNCIL MEMBER 1.00 X X 0 0 0 JON CROW DIRECTOR 0.50 X 0 0 0 CHRISTINE ERICKSON DIRECTOR 0.50 X 0 0 0 ROBERT GRIGGS STC PRESIDENT/DIRECTOR 0.50 X 0 0 0 JASON HERRBOLDT DIRECTOR 0.50 X 0 0 0 NANCY HOINES DIRECTOR 0.50 X 0 0 0 BRIAN JANS DIRECTOR 0.50 X 0 0 0 MIKE JASPERS DIRECTOR 0.50 X 0 0 0 KIRA KIMBALL DIRECTOR 0.50 X 0 0 0 ROB KURTENBACH DIRECTOR 0.50 X 0 0 0 BANNON LARSON DIRECTOR 0.50 X 0 0 0 THOMAS OTTEN DIRECTOR 0.50 X 0 0 0 MARCELLA PROKOP STC FACULTY/DIRECTOR 0.50 X 0 0 0 JON ZIEBARTH DIRECTOR 0.50 X 0 0 0 JENNA HARRIS DIRECTOR 0.50 X 0 0 0 STEPHEN WILLIAMSON FOUNDATION DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 SOUTHEAST TECHNICAL COLLEGE 2320 N CAREER AVE SIOUX FALLS SD 57107 CONTRACT LABOR 150000 1 302500 564637 15500 867137 15619 15619 882756 0 0 15619 X 763230 763230 9938 9938 166295 166295 939463 763230 176233 0 803551 822469 13244 0 1364423 1428943 2181218 2251412 0 0 X 1663802 822469 517416 1428943 2181218 2251412 2181218 2251412 -56707 126901 0 X 0 0 0 X 746943 412286 484712 783775 867137 3294853 746943 412286 484712 783775 867137 3294853 266492 3028361 3474 7554 935 1668 15619 29250 3324103 0.91100 0.92880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1428943 F 1428943 1 SOUTHEAST TECHNICAL COLLEGE 201 E 38TH STREET SIOUX FALLS SD 57105 466002586 GOVERNMENTAL 742671 15500 BOOK VALUE SUPPLIES STUDENT SCHOLARSHIPS, STAFF SALARIES, AND CAPITAL EXPENSES 1 0 PART I, LINE 2: SOUTHEAST TECHNICAL COLLEGE OFFICE OF FINANCIAL AID UTILIZES A PLATFORM CALLED BLACKBAUD AWARD MANAGEMENT FOR AWARDING SCHOLARSHIPS. SOUTHEAST TECHNICAL COLLEGE FOUNDATION RECEIVES A REPORT FROM BLACKBAUD AWARD MANAGEMENT THAT SHOWS HOW THE SCHOLARSHIP FUNDS WERE USED BY THE GRANT RECIPIENT. SOUTHEAST TECHNICAL COLLEGE (STC) SUBMITS AN INVOICE TO THE FOUNDATION FOR CERTAIN SALARIES EXPENSE OF STC. THE FOUNDATION REMITS PAYMENT TO STC TO ASSIST STC WITH ITS OPERATIONAL EXPENSE. THE FOUNDATION HAS A CLOSE RELATIONSHIP WITH STC WHICH ALLOWS THEM TO MONITOR THE USE OF ANY ASSISTANCE PROVIDED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE FOUR PRINCIPAL OFFICERS OF THE FOUNDATION BOARD, THE IMMEDIATE PAST CHAIR, AND UP TO THREE ADDITIONAL DIRECTORS APPOINTED BY THE CHAIR, TO SERVE IN SUCH CAPACITY UNTIL THE NEXT ANNUAL MEETING OF THE BOARD OF DIRECTORS. WHEN SUCH ACTION IS TAKEN, THE APPOINTMENT OF ADDITIONAL DIRECTORS MUST BE APPROVED BY A MAJORITY OF ALL THE DIRECTORS IN OFFICE WHEN SUCH ACTION IS TAKEN. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE, AND SHALL PRESIDE AT ALL OF ITS MEETINGS. EXCEPT TO THE EXTENT PROHIBITED OR LIMITED BY THESE BYLAWS OR BY RESOLUTION OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE MAY EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS AT SUCH TIMES AS THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE BOARD MEMBERS UPON COMPLETION AT THE NEXT SCHEDULED BOARD MEETING. IT IS REVIEWED BY THE ACCOUNTING MANAGER AND THE TREASURER OF THE ORGANIZATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS, OFFICERS, AND MEMBERS OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. A REQUEST IS MADE ANNUALLY FOR ALL BOARD MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. THE PRESIDENT OF SOUTHEAST TECHNICAL INSTITUTE AND THE BOARD MAKE A DETERMINATION OF WHETHER THERE IS A CONFLICT OF INTEREST AND IF SO, IMPLEMENTS THE PROCEDURE FOR EVALUATING THE ISSUE OR TRANSACTION INVOLVED. THE BOARD MEMBER, OFFICER, OR COMMITTEE MEMBER WITH THE CONFLICT MUST REFRAIN FROM VOTING. FORM 990, PART VI, SECTION C, LINE 19 CURRENTLY, THE GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC; HOWEVER, INFORMATION ON THE CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION IS INCLUDED ON THE FORM 990. FORM 990 PART VII THE FOUNDATION DIRECTOR AND FOUNDATION ASSISTANT ARE EMPLOYEES OF SOUTHEAST TECHNICAL COLLEGE (STC). THE FOUNDATION HAS NO EMPLOYEES OF ITS OWN. THE FOUNDATION REIMBURSED STC FOR A PORTION OF THE SALARIES AND BENEFITS EARNED BY THE FOUNDATION DIRECTOR AND FOUNDATION ASSISTANT, AS REPORTED ON PART IX, FUNCTIONAL EXPENSE, LINE 11G, CONTRACT LABOR. FORM 990, PART IX, LINE 11G PROFESSIONAL DUES & FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,295. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,295. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 150,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150,000.