Nonprofit · EIN 23-7056213
OREGON TECH FOUNDATION INC
Tax-exempt · KLAMATH FALLS, OR 97601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,080,134 | $3,353,764 | $4,726,370 | $51,723,605 | $1,994,059 | $49,729,546 |
| June 30, 2024 | 990 | $4,695,280 | $3,475,550 | $1,219,730 | $45,088,238 | $2,811,832 | $42,276,406 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,344,127
- Program service revenue
- $8,085
- Investment income
- $2,120,768
- Net gain from sales of assets
- $104,175
- Net income from fundraising events
- -$23,162
- Other revenue
- -$392,846
Expenses
- Grants and similar amounts paid
- $1,156,420
- Other salaries and wages
- $428,794
- Salaries, compensation and benefits (total)
- $428,794
- Professional fundraising fees
- $0
- Legal fees
- $8,713
- Accounting fees
- $38,544
- Occupancy
- $20,868
- Travel
- $73,358
- Program services (functional)
- $2,477,123
- Management and general (functional)
- $833,653
- Fundraising (functional)
- $42,988
Balance sheet and other
- Total assets, start of year
- $45,088,238
- Total assets, end of year
- $51,723,605
- Total liabilities, end of year
- $1,994,059
- Net assets, end of year
- $49,729,546
- Land, buildings and equipment
- $35,000
- Publicly traded securities
- $29,641,754
- Net assets without donor restrictions
- $16,170,360
- Net assets with donor restrictions
- $33,559,186
- Gross unrelated business income
- -$378,774
- Gross receipts
- $12,999,107
- Employees
- 0
- Volunteers
- 230
- Year formed
- 1969
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN POLASKI | PRESIDENT Trustee or director, Officer | 0 | $0 |
| CHRISTINE MANGAN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| DON JOHNSON | TREASURER Trustee or director, Officer | 0 | $0 |
| JIM BLAIR | SECRETARY Trustee or director, Officer | 0 | $0 |
| JIM HACKETT | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT NEATHAMER | DIRECTOR Trustee or director | 0 | $0 |
| JAMES DEHOOG | DIRECTOR Trustee or director | 0 | $0 |
| ANN CAVANAUGH | DIRECTOR Trustee or director | 0 | $0 |
| SARAH DAMMEN | DIRECTOR Trustee or director | 0 | $0 |
| BILL DEWITT | DIRECTOR Trustee or director | 0 | $0 |
| JAMES MONROE | DIRECTOR Trustee or director | 0 | $0 |
| PARKE BLUNDON | DIRECTOR Trustee or director | 0 | $0 |
| JANET COLLIER LARSON | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT FEMLING | DIRECTOR Trustee or director | 0 | $0 |
| BOB KINGZETT | DIRECTOR Trustee or director | 0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN WITHERS | DIRECTOR Trustee or director | 0 | $0 |
| DONALD YOUNG | DIRECTOR Trustee or director | 0 | $0 |
| GERALD FRESCHI | DIRECTOR Trustee or director | 0 | $0 |
| DARREL SAMUELS | DIRECTOR Trustee or director | 0 | $0 |
| DOUG PRATT | DIRECTOR Trustee or director | 0 | $0 |
| RICK WHITLOCK | DIRECTOR Trustee or director | 0 | $0 |
| ALAN PARKS | DIRECTOR Trustee or director | 0 | $0 |
| STEVEN HYDE | DIRECTOR Trustee or director | 0 | $0 |
| DIEDRA THOMPSON | DIRECTOR Trustee or director | 0 | $0 |
| LUKE BREAZEAL | DIRECTOR Trustee or director | 0 | $0 |
| JESSE STAFFORD | DIRECTOR Trustee or director | 0 | $0 |
| MASON WICHMAN | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN POLASKI | PRESIDENT Trustee or director, Officer | 0 | $0 |
| CHRISTINE MANGAN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| DON JOHNSON | TREASURER Trustee or director, Officer | 0 | $0 |
| JIM BLAIR | SECRETARY Trustee or director, Officer | 0 | $0 |
| DEE THOMPSON | PAST PRESIDENT Trustee or director | 0 | $0 |
| JIM HACKETT | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT NEATHAMER | DIRECTOR Trustee or director | 0 | $0 |
| JAMES DEHOOG | DIRECTOR Trustee or director | 0 | $0 |
| ANN CAVANAUGH | DIRECTOR Trustee or director | 0 | $0 |
| SARAH DAMMEN | DIRECTOR Trustee or director | 0 | $0 |
| BILL DEWITT | DIRECTOR Trustee or director | 0 | $0 |
| JAMES MONROE | DIRECTOR Trustee or director | 0 | $0 |
| PARKE BLUNDON | DIRECTOR Trustee or director | 0 | $0 |
| TIM QUINCY | DIRECTOR Trustee or director | 0 | $0 |
| JON EKSTROM | DIRECTOR Trustee or director | 0 | $0 |
| BOB KINGZETT | DIRECTOR Trustee or director | 0 | $0 |
| DAN WITHERS | DIRECTOR Trustee or director | 0 | $0 |
| DONALD YOUNG | DIRECTOR Trustee or director | 0 | $0 |
| GERALD FRESCHI | DIRECTOR Trustee or director | 0 | $0 |
| DARREL SAMUELS | DIRECTOR Trustee or director | 0 | $0 |
| DOUG PRATT | DIRECTOR Trustee or director | 0 | $0 |
| RICK WHITLOCK | DIRECTOR Trustee or director | 0 | $0 |
| ALAN PARKS | DIRECTOR Trustee or director | 0 | $0 |
| STEVEN HYDE | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3201 CAMPUS DR, KLAMATH FALLS, OR 97601-8801
- In care of
- % PRESIDENTS OFFICE OREGON TECHNICA
- Principal officer (990 for 2024)
- KEN FINCHER, 3201 CAMPUS DR, KLAMATH FALLS, OR 97601
- Signed the 990
- KEN FINCHER, EXECUTIVE DIRECTOR
- Phone
- (541) 885-1130
- Website
- WWW.OIT.EDU/FOUNDATION
- Return prepared by
- SORREN INC
Mission
THE MISSION OF THE OREGON TECH FOUNDATION IS TO PROMOTE EDUCATIONAL, CULTURAL, CHARITABLE, AND SERVICE FUNCTIONS OF THE OREGON INSTITUTE OF TECHNOLOGY.
Program accomplishments
- TO PROVIDE SCHOLARSHIPS TO STUDENTS OF OREGON INSTITUTE OF TECHNOLOGY. STUDENTS RECEIVED SCHOLARSHIPS BASED ON MERIT, NEED AND OTHER FACTORS.Expenses $1,156,420 · grants $1,156,420
- CAPITAL PROJECTS (NEW BUILDINGS, CLASSROOMS AND REMODEL)
- ACADEMICS, ATHLETICS AND STUDENT ACTIVITIESExpenses $941,964 · revenue $8,085
- OTHER PROGRAM SERVICESExpenses $378,739 · revenue $9,090
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7056213
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42I)
- Assets (IRS master file)
- $51,723,605
- Income (IRS master file)
- $12,999,107
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,080,134 | $3,353,764 | $51,723,605 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $4,695,280 | $3,475,550 | $45,088,238 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $6,429,423 | $3,679,015 | $41,590,298 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $6,676,501 | $1,995,746 | $37,959,600 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7056213).
Questions about OREGON TECH FOUNDATION INC
- What is the EIN of OREGON TECH FOUNDATION INC?
- The employer identification number (EIN) of OREGON TECH FOUNDATION INC is 23-7056213.
- Is OREGON TECH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to OREGON TECH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OREGON TECH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OREGON TECH FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OREGON TECH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OREGON TECH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names KEN FINCHER.
- Who are the officers and directors of OREGON TECH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 27 people; 0 received compensation from the organization.
- How much revenue does OREGON TECH FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,080,134, expenses of $3,353,764 and total assets of $51,723,605 at year end.
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