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Nonprofit · EIN 34-1650500

TERRA COLLEGE FOUNDATION

Tax-exempt · FREMONT, OH 43420

Financials

$611K$949K2024
Revenue Expenses · by fiscal year end
Financials of TERRA COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$611,257$948,912-$337,655$7,372,998$55,284$7,317,714
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$306,763
Program service revenue
$0
Investment income
$251,358
Net gain from sales of assets
$85,862
Net income from fundraising events
$53,136
Other revenue
$53,136

Expenses

Grants and similar amounts paid
$680,170
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$680,170
Management and general (functional)
$220,842
Fundraising (functional)
$47,900

Balance sheet and other

Total assets, start of year
$7,325,417
Total assets, end of year
$7,372,998
Total liabilities, end of year
$55,284
Net assets, end of year
$7,317,714
Publicly traded securities
$6,979,934
Net assets without donor restrictions
$189,264
Net assets with donor restrictions
$7,128,450
Gross receipts
$1,155,632
Employees
0
Volunteers
30
Year formed
1990
State of legal domicile
OH

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
THOMAS KERNBOARD MEMBER
Trustee or director
0.5$0
R JEFF JEORGVice chair
Trustee or director, Officer
2$0
MIRCEA HANDRUBOARD MEMBER
Trustee or director
0.5$0
JOHN R BALLBOARD MEMBER
Trustee or director
0.5$0
TONY CAMILLERIBOARD MEMBER
Trustee or director
0.5$0
PATTY COLEBOARD MEMBER
Trustee or director
0.5$0
JAMES LAHOSKIBOARD MEMBER
Trustee or director
0.5$0
TRACY TROXELBOARD MEMBER
Trustee or director
0.5$0
THOMAS H HOFFMANChairman
Trustee or director, Officer
2$0
WESTON REINBOLTBOARD MEMBER
Trustee or director
0.5$0
JAMES RUMBARGERBOARD MEMBER
Trustee or director
0.5$0
WILLIAM TEATreasurer
Trustee or director, Officer
2$0
NANCICAROL WOLESLAGELBoard member
Trustee or director
0.5$0
RUSS ZIMMERMANBOARD MEMBER
Trustee or director
0.5$0
D ANNE ZIMMERMANSecretary
Trustee or director, Officer
2$0
2 more people on this return
NameTitleHours / weekCompensation
RONALD SCHUMACHERBOARD MEMBER
Trustee or director
0.5$0
ANDREW MORGANBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
2830 NAPOLEON RD, FREMONT, OH 43420-9814
Principal officer (990 for 2024)
THOMAS H HOFFMAN, 2830 NAPOLEON RD, FREMONT, OH 43420
Signed the 990
WILLIAM TEA, Treasurer
Phone
(419) 559-2261
Return prepared by
Plattenburg & Associates Inc

Mission

THE TERRA COLLEGE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, OR SCIENTIFIC PURPOSES BY CONDUCTING AND SUPPORTING ACTIVITIES WHICH BENEFIT OR CARRY OUT THE EDUCATIONAL PROGRAMS AND SERVICES OF TERRA COMMUNITY COLLEGE, INCLUDING, BUT NOT LIMITED TO THE FOLLOWING: TO RENDER FINANCIAL ASSISTANCE TO THE EDUCATIONAL PROGRAMS, SERVICE AND FACILITIES OF TERRRA STATE COMMUNITY COLLEGE, A STATE INSTITUTION OF HIGHER LEARNING, AUTHORIZED AND EXISTING UNDER CHAPTER 3358 OF THE STATE OF OHIO. THE FOUNDATION RAISES AND ADMINISTERS FUNDS TO SUPPORT STUDENT SCHOLARSHIPS AND TO PURCHASE INSTRUCTIONAL LABORATORY EQUIPMENT FOR THE LEARNING LABS.

990 for the year ended June 30, 2025

Program accomplishments

  • SOLICITED CONTRIBUTIONS TO BE USED FOR STUDENT SCHOLARSHIPS AND GRANTS AT TERRA COMMUNITY COLLEGE AND PROGRAM EXPENSES. PROVIDED FUNDS TO TERRA COMMUNITY COLLEGE FOR 191 SCHOLARSHIPS, EQUIPMENT PURCHASES AND GRANTS.
    Expenses $680,170 · revenue $306,763

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
34-1650500
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
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,372,998
Income (IRS master file)
$1,155,632

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$864,281$562,989$6,909,405IRS
990June 2022$481,932$760,394$6,315,905IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about TERRA COLLEGE FOUNDATION

What is the EIN of TERRA COLLEGE FOUNDATION?
The employer identification number (EIN) of TERRA COLLEGE FOUNDATION is 34-1650500.
Is TERRA COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to TERRA COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TERRA COLLEGE FOUNDATION 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 TERRA COLLEGE FOUNDATION 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 TERRA COLLEGE FOUNDATION 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 TERRA COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names THOMAS H HOFFMAN.
Who are the officers and directors of TERRA COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
How much revenue does TERRA COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $611,257, expenses of $948,912 and total assets of $7,372,998 at year end.

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