Nonprofit · EIN 27-0137175
SOMERSET COMMUNITY COLLEGE FOUNDATION INC
Tax-exempt · SOMERSET, KY 42501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $379,706 | $283,597 | $96,109 | $1,089,355 | $3,800 | $1,085,555 |
| June 30, 2024 | 990 | $443,892 | $339,010 | $104,882 | $993,196 | $3,750 | $989,446 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $361,386
- Program service revenue
- $0
- Investment income
- $31,265
- Net income from fundraising events
- -$12,945
- Other revenue
- -$12,945
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,800
- Program services (functional)
- $276,177
- Management and general (functional)
- $7,420
Balance sheet and other
- Total assets, start of year
- $993,196
- Total assets, end of year
- $1,089,355
- Total liabilities, end of year
- $3,800
- Net assets, end of year
- $1,085,555
- Net assets without donor restrictions
- $272,797
- Net assets with donor restrictions
- $812,758
- Gross receipts
- $392,651
- Employees
- 0
- Volunteers
- 14
- State of legal domicile
- KY
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 |
|---|---|---|---|
| Delores Dalton | Director Trustee or director | 1 | $0 |
| Shawn Daugherty | Director Trustee or director | 1 | $0 |
| Steven Lee | Director Trustee or director | 1 | $0 |
| Robert Parker | Director Trustee or director | 1 | $0 |
| Dr Carey Castle | Ex-Officio Trustee or director | 1 | $0 |
| Phil Smith | Director Trustee or director | 1 | $0 |
| Matt Ford | Vice Chair Trustee or director, Officer | 2 | $0 |
| Paula Thompson | Director Trustee or director | 1 | $0 |
| Anita Sutton | Chairperson Trustee or director, Officer | 2 | $0 |
| Charlene Harris | Ex-Officio Trustee or director | 1 | $0 |
| Cathy Epperson | Director Trustee or director | 1 | $0 |
| Michael Ray | Secretary/Treas Trustee or director, Officer | 2 | $0 |
| Cindy Clouse | Executive Dir. Officer | 5 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Delores Dalton | Director Trustee or director | 1 | $0 |
| Shawn Daugherty | Director Trustee or director | 1 | $0 |
| Steven Lee | Director Trustee or director | 1 | $0 |
| Robert Parker | Chairperson Trustee or director, Officer | 2 | $0 |
| Dr Carey Castle | Ex-Officio Trustee or director | 1 | $0 |
| Phil Smith | Director Trustee or director | 1 | $0 |
| Matt Ford | Director Trustee or director | 1 | $0 |
| Paula Thompson | Director Trustee or director | 1 | $0 |
| Anita Sutton | Vice Chair Trustee or director | 2 | $0 |
| Charlene Harris | Ex-Officio Trustee or director | 1 | $0 |
| Cathy Epperson | Director Trustee or director | 1 | $0 |
| Michael Ray | Secretary/Treas Trustee or director, Officer | 2 | $0 |
| Cindy Clouse | Executive Dir. Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 808 MONTICELLO ST, SOMERSET, KY 42501-2973
- In care of
- % ANN ZWICK
- Principal officer (990 for 2024)
- Cindy Clouse, 808 Monticello Street, Somerset, KY 42501
- Signed the 990
- Cindy Clouse, Executive Dir.
- Phone
- (606) 451-6618
- Return prepared by
- RANDALL D TURPIN CPA PLLC
Mission
To conduct and carry on work, not for profit, but exclusively for charitable, scientific, literary or educational purposes and to stimulate voluntary financial support for Somerset Community College.
Program accomplishments
- Scholarship program is used to provide scholarships to students who might not otherwise have the opportunity to further their education or who have exhibited characteristics and achievements in their educational process that is deemed fitting of recognition and reward.Expenses $215,032
- Community Workforce and Economic Development (CWED) and other academic programs is used to provide training to business and industries and continuing education programs for the community as needed.Expenses $58,778
- Other program expenses are amounts used to support Somerset Community College in a variety of general ways.Expenses $2,367
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
- 27-0137175
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B024)
- Assets (IRS master file)
- $1,089,355
- Income (IRS master file)
- $392,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $379,706 | $283,597 | $1,089,355 | XML |
| 990 | June 2024 | $443,892 | $339,010 | $993,196 | XML |
| 990 | June 2023 | $329,399 | $459,704 | $889,002 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 27-0137175).
Questions about SOMERSET COMMUNITY COLLEGE FOUNDATION INC
- What is the EIN of SOMERSET COMMUNITY COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of SOMERSET COMMUNITY COLLEGE FOUNDATION INC is 27-0137175.
- Is SOMERSET COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to SOMERSET COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOMERSET 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 SOMERSET 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 SOMERSET 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 SOMERSET COMMUNITY COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Cindy Clouse.
- Who are the officers and directors of SOMERSET COMMUNITY COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does SOMERSET COMMUNITY COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $379,706, expenses of $283,597 and total assets of $1,089,355 at year end.
Other nonprofits in SOMERSET
- SOMERSET CHRISTIAN SCHOOL EIN 27-0017969 · last filed 990 for 2025
- PROGRESSIVE EDUCATIONAL PROGRAM EIN 61-1325746 · last filed 990 for 2025
- SOUTHWESTERN FOOTBALL BOOSTERS INC EIN 61-1266041 · last filed 990-EZ for 2025
- THE JONES EDUCATIONAL FOUNDATION INC EIN 61-6312867 · last filed 990-PF for 2025
- SONSHINE MINISTRIES INTERNATIONAL INC EIN 85-4357702 · last filed 990-EZ for 2025
- FRIENDS OF THE PULASKI COUNTY PUBLIC LIBRARY EIN 61-1348934 · last filed 990-N for 2025
- BRIAR JUMPER FOOTBALL BOOSTERS EIN 46-0997333 · last filed 990-N for 2025
- PULASKI COUNTY AFFILIATE OF THE DOLLY PARTON IMAGINATION LIBRARY I EIN 81-4539826 · last filed 990-N for 2025