2024-05-11T12:05:10-07:00 2023-06-30 990 2022-07-01 510162364 WALTERS STATE COMMUNITY COLLEGE FOUNDATION WALT 4235852629 PO Box 1508 Morristown TN 378161508 Mark Hurst Treasurer 4235852629 2024-05-11 Mark Hurst 999009999 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Mark Hurst PO Box 1508 Morristown TN 378161508 735004 0 X www.ws.edu/foundation X 1975 TN It is the mission of Walters State Community College Foundation to promote and support literary, scientific, education scholarship, research, charitable and developmental purposes and objectives at Walters State Community College, and to achieve results as a 501(c)3 public charity consistent with the laws of the State of Tennessee and the Internal Revenue Service 63 60 0 15 0 0 1101272 556189 111708 0 5624 75510 0 51362 1218604 683061 504136 579153 0 0 0 0 0 0 0 1124436 765486 1628572 1344639 -409968 -661578 23408983 23626199 3220 1152313 23405763 22473886 It is the mission of Walters State Community College Foundation to promote and support literary, scientific, educational scholarship, research, charitable and development purposes and objectives at Walters State Community College, and to achieve results as a 501(c)3 public charity consistent with the laws of the State of Tennessee and the Internal Revenue Service. 0 0 639885 0 Supported Walters State Community College with payments to or on behalf of the college in support of their mission that included campus and instructional improvements. 579153 0 Scholarships awarded to Walters State students for 2022-23 academic year and awards to faculty and staff of Walters State Community College. 81783 0 0 Expenditures to promote the college and support departments of the college. 0 0 0 1300821 1 1 0 0 0 0 0 0 0 1 1 1 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 0 0 1 0 1 0 1 10 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 X 63 60 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X Mark A Hurst 4235852629 PO Box 1508 Morristown TN 378161508 X Tony Miksa President Walters State Community College 0 37.5 X X X 0 224873 0 Mark Hurst Treasurer and Vice President Business and Finance Walters State Community College 0 37.5 X X 0 135342 0 Angela Smith Vice President for Student Affairs 0 37.5 X 0 128848 0 Donna Seagle Vice President for Academic Affairs 0 37.5 X 0 126528 0 John LaPrise Vice President for Educational Outreach 0 37.5 X 0 123569 0 James Pectol Vice President Communications and Marketing 0 37.5 X 0 118955 0 Martel Rucker Dean of Health Programs 0 37.5 X 0 104961 0 Linda Mason Dean of Student Records and Enrollment Processing 0 37.5 X 0 104616 0 Joe Annis Executive Director of IET 0 37.5 X 0 103708 0 Heather Carrier Asst Vice President for Business and Finance 0 37.5 X 0 102479 0 Cheryl McCall Professor of Nursing and Director of Nursing Program 0 37.5 X 0 100410 0 David Helton Foundation President 1 0 X 0 0 0 Sharon Greene Foundation Vice President 0 0 X 0 0 0 Justin Cook Foundation President 0 0 X 0 0 0 0 1374289 0 0 0 1 0 0 0 0 41478 0 0 514711 0 556189 0 75510 75510 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103305 41478 51943 51362 0 51362 0 683061 75510 0 51362 0 0 579153 579153 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 39644 0 39644 0 0 0 0 0 35382 35382 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31653 31653 0 0 860 860 0 0 0 0 0 0 0 0 0 0 0 0 0 0 635537 635537 0 0 18236 18236 0 0 4174 0 4174 0 1344639 1300821 43818 0 88576 109677 3846863 2688021 2433606 1930267 0 0 0 0 0 0 0 0 0 0 9615 4698 839095 82436 650314 756659 14109082 16357554 2190709 1689949 0 0 0 0 80218 89374 23408983 23626199 3220 9217 0 0 0 1143096 0 0 0 0 0 0 0 0 0 0 0 3220 1152313 X 3692127 5043090 650314 756659 19063322 16674137 23405763 22473886 23408983 23626199 X -661578 890031 0 0 3220 -1163550 X 0 0 0 X 276161 206648 429306 333202 509627 1754944 0 0 0 0 0 0 175078 175078 175078 175078 175078 875390 451239 381726 604384 508280 684705 2630334 0 2630334 225122 213221 216576 157342 126872 939133 0 0 0 0 0 0 0 0 0 0 0 0 3569467 0 0.73690 0.68722 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14326438 313649 75510 579153 142225 39644 13954575 13761132 1464863 -184365 504136 174589 36467 14326438 12828679 353566 2530789 539487 1373770 38645 13761132 12952036 105085 345711 473719 50991 49443 12828679 13054379 589045 78339 455244 266372 48111 12952036 0.05 0.95 0 0 0 0 605922 605922 0 233173 82436 150737 0 0 0 0 0 0 0 0 0 0 0 0 756659 1689949 C 0 1689949 Schedule D, Part V, Line 4 The endowment funds for Walters State Community College Foundation are used for scholarships for students attending Walters State Community College and other initiatives to support student retention and graduation. Senators Golf Tournament 47000 32450 14550 2000 0 3450 0 0 0 Shamrock Shuffle 5K 5895 5892 3 0 2660 1000 0 0 50 4 39945 3136 36809 0 0 18183 0 300 0 92840 41478 51362 2000 2660 22633 0 300 50 27643 23719 1 Scholarships for students attending Walters State Community College. 448 579153 0 Schedule I, Part I, Line 2 Records are maintained for scholarship recipients in the Walters State Community College database as well as with the Scholarship Committee located in the Financial Aid and Advancement Offices of Walters State Community College. Any disbursements not made through the student database are kept on file with supporting documentation maintained electronically. 0 0 0 0 0 0 0 0 0 Tony Miksa President Walters State Community College 0 198187 0 10886 0 15800 0 0 0 0 0 224873 0 0 Schedule J, Part I, Line 3 Walters State Community College Foundation relies on Walters State Community College, a related organization, that used one or more of the methods described to established the top management official's compensation. Form 990, Part VI, Section B, Line 11b The Walters State Community College Foundation Executive Committee receives presentations and reports throughout the reporting period related to data provided in the Form 990 and questions/discussion are addressed and approved before filing. Form 990, Part VI, Section B, Line 12c Annually, the the fall meeting of the Foundation Board of Trustees, each Trustee is presented with a copy of the Conflict of Interest Policy and a copy of the Tennessee Code Annotated 49-7-107 which requires such policy be adopted. Instruction is provided that if conflicts with the policy exist, they will make the required disclosure to the President of the Foundation. Those Trustees not in attendance at the fall meeting are mailed/emailed a copy of the policy along with the TCA 49-7-107 and requested to make same disclosure to the Foundation President if a conflict exists. Form 990, Part VI, Section B, Line 15 The Compensation Policy of the Walters State Community College Foundation is not to provide compensation for any officer or board member. The Walters State Community College Foundation does not have employees. However, Walters State Community College, a related organization, provides compensation to an employee who is the Vice President for Business and Finance for Walters State Community College and also serves as Treasurer of the Walters State Community College Foundation. Form 990, Part VI, Section C, Line 19 The Walters State Community College Foundation does make the Conflict of Interest Policy and financial statements available on the Walters State Community College website. Form 990, Part VII, Section A, Line 1a The average hours worked per week listed in Column B is the hours worked for Walters State Community College, a related organization to the Walters State Community College Foundation. The average hours of 37.5 are the required hours of work each week for full-time employees of Walters State Community College. Form 990, Part XI, Line 2 The Vice President for Business and Finance, a Walters State Community College employee is responsible for compiling the financial statements for the Walters State Community College Foundation. The Walters State Community College Foundation financial statements are audited every fiscal year by auditors from the State of Tennessee. The auditors come to campus every two years during the same time the audit of the financial statements for Walters State Community College and audit two years of data. Form 990, Part XI, Line 9 This is Deferred Inflow of Resources from Charitable Remainder Unitrust with the Walters State Community College Foundation listed as sole beneficiary. Walters State Community College 500 S Davy Crockett Pkwy Morristown TN 37813 620807429 State funded higher education institution TN IRC 115(1) Tennessee Board of Regents 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 Walters State Community College b 639885 Payments to Walters State Community College for program and operational support of the College.