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Nonprofit · EIN 23-7079347

DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC

Tax-exempt · LEXINGTON, NC 27293

Financials

$4.5M$1.1M2023$8.8M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,768,943$1,069,525$7,699,418$37,015,028$825$37,014,203
June 30, 2024990$4,541,050$1,109,305$3,431,745$29,315,385$599$29,314,786
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$621,336
of which government grants
$68,000
Program service revenue
$0
Investment income
$2,872,498
Net rental income
$61,556
Other revenue
$5,275,109

Expenses

Grants and similar amounts paid
$722,029
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$51,472
Depreciation
$44,490
Program services (functional)
$722,029
Management and general (functional)
$347,496

Balance sheet and other

Total assets, start of year
$29,315,385
Total assets, end of year
$37,015,028
Total liabilities, end of year
$825
Net assets, end of year
$37,014,203
Land, buildings and equipment
$8,882,262
Publicly traded securities
$25,132,522
Net assets without donor restrictions
$19,105,778
Net assets with donor restrictions
$17,908,425
Gross receipts
$8,792,101
Employees
0
Year formed
1968
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
TERESA KINESDIRECTOR
Trustee or director
1$0
KARL MILLIRENDirector
Trustee or director
1$0
MELANIE CROWDERVICE PRESIDENT
Trustee or director, Officer
2$0
CAMMIE WEBBDIRECTOR
Trustee or director
1$0
TAMMY JOYCEDIRECTOR
Trustee or director
1$0
KIM STANBERYDirector
Trustee or director
1$0
REBECCA SULLIVANPRESIDENT
Trustee or director, Officer
1$0
Carolyn MCMANAMYDIRECTOR
Trustee or director
1$0
GEORGE FOUTSDIRECTOR
Trustee or director
1$0
ELIZABETH GEEDirector
Trustee or director
1$0
JEFF MCINTYREDirector
Trustee or director
1$0
JULIA OVERTONDIRECTOR
Trustee or director
1$0
DUSTIN VANWEERDHUIZENDIRECTOR
Trustee or director
1$0
PHYLLIS PENRYPAST PRESIDENT
Trustee or director, Officer
1$0
MATT WELBORNDIRECTOR
Trustee or director
1$0
15 more people on this return
NameTitleHours / weekCompensation
JOSH HEDRICKDIRECTOR
Trustee or director
1$0
JACQUELINE BECKDIRECTOR
Trustee or director
2$0
KEVIN FIRQUINDIRECTOR
Trustee or director
1$0
JEREMY HIATTTREASURER
Trustee or director, Officer
2$0
CHUCK MCCONKEYDirector
Trustee or director
1$0
Danny SQUIRESDirector
Trustee or director
1$0
WILLIAM STEEDDIRECTOR
Trustee or director
1$0
JENNY VARNERDIRECTOR
Trustee or director
1$0
JUSTIN FINCHDIRECTOR
Trustee or director
1$0
JED ORMANSECRETARY
Trustee or director, Officer
1$0
ATALIA CARDENASDIRECTOR
Trustee or director
1$0
BRIAN BARNETTDIRECTOR
Trustee or director
1$0
CATHI SMITHDIRECTOR
Trustee or director
1$0
PARKER TILLEYDIRECTOR
Trustee or director
1$0
STERLING WALLDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensation
Chad FULLERDirector
Trustee or director
1$0
CHUCK MCCONKEYDirector
Trustee or director
1$0
JOSH HEDRICKDIRECTOR
Trustee or director
1$0
KEVIN WHITEDirector
Trustee or director
1$0
MATT WELBORNDIRECTOR
Trustee or director
1$0
Danny SQUIRESDirector
Trustee or director
1$0
JED ORMANDIRECTOR
Trustee or director
1$0
ATALIA CARDENASDIRECTOR
Trustee or director
1$0
JUSTIN FINCHDIRECTOR
Trustee or director
1$0
WILLIAM STEEDDIRECTOR
Trustee or director
1$0
JENNY VARNERDIRECTOR
Trustee or director
1$0
JERRY SMITHDIRECTOR
Trustee or director
1$0
REBECCA SULLIVANDirector
Trustee or director
1$0
MELANIE CROWDERDIRECTOR
Trustee or director
2$0
KIM STANBERYDirector
Trustee or director
1$0
CAMMIE WEBBDIRECTOR
Trustee or director
1$0
TAMMY JOYCEDIRECTOR
Trustee or director
1$0
Carolyn MCMANAMYDIRECTOR
Trustee or director
1$0
TERESA KINESDirector
Trustee or director
1$0
JEFF MCINTYREDirector
Trustee or director
1$0
ELIZABETH GEEDirector
Trustee or director
1$0
KARL MILLIRENDirector
Trustee or director
1$0
GEORGE FOUTSDIRECTOR
Trustee or director
1$0
PHYLLIS PENRYVICE PRESIDENT
Trustee or director, Officer
1$0
TERRY RENEGARPresident
Trustee or director, Officer
2$0
JEREMY HIATTTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 1287, LEXINGTON, NC 27293-1287
In care of
% JEREMY HIATT
Principal officer (990 for 2024)
JEREMY HIATT, 4035 PREMIER DRIVE, HIGH POINT, NC 27265
Signed the 990
JEREMY HIATT, TREASURER
Phone
(336) 249-8186
Return prepared by
EDDIE CARRICK CPA PC

Mission

TO PROVIDE SCHOLARSHIPS AND OTHER FORMS OF SUPPORT FOR THE STUDENTS OF DAVIDSON-DAVIE COMMUNITY COLLEGE.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIPS AND STUDENT SUPPORT.
    Expenses $722,029

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7079347
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$37,015,028
Income (IRS master file)
$8,792,101

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,768,943$1,069,525$37,015,028XML
990-TJune 2025–––IRS
990June 2024$4,541,050$1,109,305$29,315,385XML
990-TJune 2024–––IRS
990June 2023$2,952,859$1,410,734$25,956,302IRS
990-TJune 2023–––IRS
990June 2022$1,408,332$3,557,637$24,341,716IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––IRS
990June 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 23-7079347).

Questions about DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC

What is the EIN of DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC?
The employer identification number (EIN) of DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC is 23-7079347.
Is DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAVIDSON-DAVIE COMMUNITY COLLEGE 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 DAVIDSON-DAVIE COMMUNITY COLLEGE 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 DAVIDSON-DAVIE COMMUNITY COLLEGE 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 DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JEREMY HIATT.
Who are the officers and directors of DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 30 people; 0 received compensation from the organization.
How much revenue does DAVIDSON-DAVIE COMMUNITY COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,768,943, expenses of $1,069,525 and total assets of $37,015,028 at year end.

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