2025-02-04T15:57:59-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-07-01 831149702 SWOCC QALICB SWOC 5418887206 1988 NEWMARK AVENUE COOS BAY OR 97420 RACHELE LYON CFO 5418887206 2025-01-28 1 1 SARAH HINTZ P00492291 3037795710 2025-01-28 2023 2025-03-06 01:10:19Z RACHELE LYON 1988 NEWMARK AVENUE COOS BAY OR 97420 92701 0 X N/A X 2018 OR TO SUPPORT SOUTHWESTERN OREGON COMMUNITY COLLEGE (SWOCC). 3 2 0 2 0 0 0 0 88112 90513 1049 2188 0 0 89161 92701 0 0 0 0 0 0 0 0 0 813070 813772 813070 813772 -723909 -721071 24400766 23679695 11300000 11300000 13100766 12379695 TO SUPPORT SOUTHWESTERN OREGON COMMUNITY COLLEGE (SWOCC). 0 0 812474 0 90513 TO SUPPORT SOUTHWESTERN OREGON COMMUNITY COLLEGE BY PROVIDING FOR THE FINANCING AND CONSTRUCTION OF THE COLLEGE'S NEW HEALTH AND SCIENCE BUILDING. 812474 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X LEIGH FITZHENRY 5418887222 1988 NEWMARK AVE COOS BAY OR 97420 JEFFREY J WHITEY PRESIDENT 1.00 40.00 X X 0 106637 51185 JOHN SPEASL TREASURER 1.00 1.00 X X 0 0 0 ANTOINETTE POOLE SECRETARY 1.00 1.00 X X 0 0 0 0 106637 51185 0 0 1 0 0 BUILDING RENTAL 532000 90513 90513 90513 2188 2188 92701 90513 0 2188 8400 8400 1298 1298 169037 169037 635037 635037 813772 812474 1298 0 269367 183332 25401473 1905110 24131399 23496363 24400766 23679695 11300000 11300000 11300000 11300000 X 13100766 12379695 13100766 12379695 24400766 23679695 -721071 0 X X 0 1 X 1 0 X X X 1 SOUTHWESTERN OREGON COMMUNITY COLLEGE 936015621 2 1 812474 0 1 812474 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION A, LINE 2 THE SUPPORTED ENTITY, SOUTHWESTERN OREGON COMMUNITY COLLEGE, IS A GOVERNMENTAL INSTITUTION THEREFORE DOES NOT HAVE A DETERMINATION LETTER. PART IV, SECTION D, LINE 3 THE SUPPORTED ORGANIZATIONS PRESIDENT IS IN CHARGE OF APPOINTING THE FUND MANAGER TO HANDLE THE INVESTMENTS FOR SWOCC QALICB. PART IV, SECTION E, LINE 1C: THE ESTABLISHMENT OF THE CORPORATION IS THE RESULT OF THE COLLEGE SECURING ADDITIONAL FINANCING OF NEW MARKETS TAX CREDITS FOR THE CONSTRUCTION OF THE HEALTH AND SCIENCE TECHNOLOGY BUILDING. THE SWOCC QALICB WAS FORMED AS A 501(C)(3), SPECIFICALLY A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION. IT WAS ESTABLISHED AS A LESSOR, THE HOLDER OF A LEASEHOLD AGREEMENT WITH THE COLLEGE. THE LEASEHOLD PERTAINS TO THE NEW HEALTH & SCIENCE TECHNOLOGY BUILDING. BASICALLY THE COLLEGE OWNS FEE TITLE TO THE PROPERTY AND CONSTRUCTION OF THE BUILDING AS A GROUND LEASE, THE QALICB IS THE LESSEE. WHEN THE BUILDING IS COMPLETED AND APPROVED FOR OCCUPANCY THE QALICB WILL THEN SUBLEASE THE BUILDING BACK TO THE COLLEGE. THE LEASES WILL EXPIRE SIXTY-FIVE YEARS AFTER THE EFFECTIVE DATE OF JUNE 25, 2019 UNLESS TERMINATED SOONER. 25401473 1905110 23496363 23496363 0 0 0 0 0 0 0 0 0 JEFFREY J WHITEY PRESIDENT 0 106637 0 0 0 0 0 21222 0 29963 0 157822 0 0 PART I, LINE 3 COMPENSATION IS PAID BY THE COMMUNITY COLLEGE AND IS APPROVED THROUGH THE ANNUAL BUDGETING PROCESS USING AN EXISTING SALARY SCHEDULE FOR MANAGEMENT. ADMINISTRATIVE PROCEDURE 7700 COMPENSATION OUTLINES THE COMPENSATION PRACTICES FOR THE COLLEGE. COLA ADJUSTMENTS ARE MADE IF THE BUDGET ALLOWS. IN 2019 THE OREGON PAY EQUITY ACT REQUIRED AN INTERNAL PAY EQUITY STUDY TO BE COMPLETED FOR ALL POSITIONS. THE PRESIDENT'S POSITION WAS REVIEWED AT THAT TIME AND IS INCREASED BY ONE STEP EACH JULY 1 PER OUR ADMINISTRATIVE PROCEDURE. FORM 990, PART VI, SECTION A, LINE 7A ONE OF THE DIRECTORS SHALL BE THE VICE PRESIDENT OF ADMINISTRATIVE SERVICES OF SWOCC OR SUCH OTHER PERSON AS MAY BE DESIGNATED BY THE BOARD OF EDUCATION OF SWOCC (THE "DESIGNATED DIRECTOR"). IF FOR ANY REASON ALL INDEPENDENT DIRECTOR SEATS ARE VACANT AT THE SAME TIME, SUCH VACANCIES SHALL BE FILLED BY INDIVIDUALS APPOINTED BY THE DESIGNATED DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B FOR RESIGNATION AND REMOVAL OF DIRECTORS, A DESIGNATED DIRECTOR MAY ONLY BE REMOVED BY THE BOARD OF EDUCATION OF SWOCC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH INFORMATION PROVIDED BY THE ORGANIZATION. THE RETURN IS THEN REVIEWED BY THE BOARD BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE SWOCC LEGAL COUNSEL. THE POLICY APPLIES TO ALL COLLEGE EMPLOYEES AND THE BOARD OF EDUCATION. ANY TRANSACTIONS THAT WOULD BE SUBJECT TO CONFLICTS OF INTEREST ARE REVIEWED BY THE COLLEGE BOARD AND THE LEGAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE GOVERNING DOCUMENTS ARE FOUND ON THE SECRETARY OF STATE WEBSITE AND THE OREGON DEPARTMENT OF JUSTICE WEBSITE. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. SOUTHWESTERN OREGON COMMUNITY COLLEGE 1988 NEWMARK AVENUE COOS BAY OR 97420 EDUCATION OR N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0