Nonprofit · EIN 36-3037232
ROCK VALLEY COLLEGE FOUNDATION
Tax-exempt · ROCKFORD, IL 61114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,772,722 | $1,422,746 | $3,349,976 | $23,944,565 | $1,421,442 | $22,523,123 |
| June 30, 2024 | 990 | $1,108,338 | $1,392,208 | -$283,870 | $20,495,112 | $1,760,173 | $18,734,939 |
| June 30, 2023 | 990 | $2,025,850 | $1,127,231 | $898,619 | $17,892,333 | $787,270 | $17,105,063 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,997,306
- Program service revenue
- $0
- Investment income
- $1,775,416
- Net gain from sales of assets
- $906,583
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $785,883
- Other salaries and wages
- $445,051
- Salaries, compensation and benefits (total)
- $445,051
- Professional fundraising fees
- $0
- Travel
- $1,530
- Program services (functional)
- $825,647
- Management and general (functional)
- $452,903
- Fundraising (functional)
- $144,196
Balance sheet and other
- Total assets, start of year
- $20,495,112
- Total assets, end of year
- $23,944,565
- Total liabilities, end of year
- $1,421,442
- Net assets, end of year
- $22,523,123
- Publicly traded securities
- $23,454,540
- Net assets without donor restrictions
- $6,855,768
- Net assets with donor restrictions
- $15,667,355
- Gross receipts
- $6,911,217
- Employees
- 0
- Volunteers
- 16
- Year formed
- 1979
- State of legal domicile
- IL
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 |
|---|---|---|---|
| ROBERT W SENSTROM | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN WOLF | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BRENT BERNARDI | SECRETARY Trustee or director, Officer | 2 | $0 |
| BRIDGETT COLEMAN | MEMBER Trustee or director | 2 | $0 |
| STEVEN GUNDERSON DO | MEMBER Trustee or director | 2 | $0 |
| JAMES PIRAGES | MEMBER Trustee or director | 2 | $0 |
| BRENT BRODESKI | MEMBER (THRU 03/18/2025) Trustee or director | 2 | $0 |
| JADEDIAH CANTREL | MEMBER Trustee or director | 2 | $0 |
| LESLY COUPER | MEMBER Trustee or director | 2 | $0 |
| JAMIE FANARA | MEMBER Trustee or director | 2 | $0 |
| IRA GRIMMETT | MEMBER (THRU 06/30/2025) Trustee or director | 2 | $0 |
| BARRY KRAMER | MEMBER Trustee or director | 2 | $0 |
| TAD OLSON | MEMBER Trustee or director | 2 | $0 |
| JAMES WADDELL | MEMBER (THRU 12/31/2024) Trustee or director | 2 | $0 |
| JAKOB LOESCHER | MEMBER Trustee or director | 2 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORAYNE LOGAN | MEMBER Trustee or director | 2 | $0 |
| BRITTANY FREIBERG | CHIEF DEVELOPMENT OFFICER Officer | 40 | $0 |
| ELLEN OLSON | TREASURER/CFO Officer | 2 | $0 |
| SARAH SHUMWAY | ASSISTANT TREASURER Officer | 14 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W SENSTROM | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN WOLF | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BRENT BERNARDI | SECRETARY Trustee or director, Officer | 2 | $0 |
| BRIDGETT COLEMAN | MEMBER Trustee or director | 2 | $0 |
| STEVEN GUNDERSON DO | MEMBER Trustee or director | 2 | $0 |
| JAMES PIRAGES | MEMBER Trustee or director | 2 | $0 |
| BRENT BRODESKI | MEMBER Trustee or director | 2 | $0 |
| JADEDIAH CANTREL | MEMBER Trustee or director | 2 | $0 |
| LESLY COUPER | MEMBER Trustee or director | 2 | $0 |
| JAMIE FANARA | MEMBER Trustee or director | 2 | $0 |
| IRA GRIMMETT | MEMBER Trustee or director | 2 | $0 |
| BARRY KRAMER | MEMBER Trustee or director | 2 | $0 |
| TAD OLSON | MEMBER Trustee or director | 2 | $0 |
| JAMES WADDELL | MEMBER Trustee or director | 2 | $0 |
| BRITTANY FREIBERG | CHIEF DEVELOPMENT OFFICER Officer | 40 | $0 |
| ELLEN OLSON | TREASURER/CFO Officer | 2 | $0 |
| SARAH SHUMWAY | ASSISTANT TREASURER Officer | 14 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W SENSTROM | PRESIDENT Trustee or director, Officer | 2 | $0 |
| LORAYNE LOGAN | VICE PRESIDENT (THRU MAR-23) Trustee or director, Officer | 2 | $0 |
| BRENT BERNARDI | SECRETARY Trustee or director, Officer | 2 | $0 |
| BRIDGETT COLEMAN | MEMBER Trustee or director | 2 | $0 |
| STEVEN GUNDERSON DO | MEMBER Trustee or director | 2 | $0 |
| JAMES PIRAGES | MEMBER Trustee or director | 2 | $0 |
| BRENT BRODESKI | MEMBER Trustee or director | 2 | $0 |
| LESLY COUPER | MEMBER Trustee or director | 2 | $0 |
| MICHAEL DAVIS | MEMBER (THRU APR-23) Trustee or director | 2 | $0 |
| JAMIE FANARA | MEMBER Trustee or director | 2 | $0 |
| IRA GRIMMETT | MEMBER Trustee or director | 2 | $0 |
| BARRY KRAMER | MEMBER Trustee or director | 2 | $0 |
| TAD OLSON | MEMBER Trustee or director | 2 | $0 |
| JAMES TWYNING | MEMBER Trustee or director | 2 | $0 |
| JAMES WADDELL | MEMBER Trustee or director | 2 | $0 |
| JOHN WOLF | MEMBER / VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BRITTANY FREIBERG | CHIEF DEVELOPMENT OFFICER Officer | 40 | $0 |
| ELLEN OLSON | TREASURER Officer | 2 | $0 |
| SARAH SHUMWAY | ASSISTANT TREASURER Officer | 14 | $0 |
Address and contacts
- Address (IRS master file)
- 3301 N MULFORD RD, ROCKFORD, IL 61114-5640
- Principal officer (990 for 2024)
- BRITTANY FREIBERG, 3301 NORTH MULFORD ROAD, ROCKFORD, IL 61114
- Signed the 990
- ROBERT STENSTROM, PRESIDENT
- Phone
- (815) 921-4505
- Website
- WWW.ROCKVALLEYCOLLEGE.EDU
- Return prepared by
- SIKICH LLC
Mission
THE ROCK VALLEY COLLEGE FOUNDATION'S MISSION IS TO BUILD REGIONAL RELATIONSHIPS AND SECURE RESOURCES TO ADVANCE RVC AND ITS STUDENTS.
Program accomplishments
- THE RVC FOUNDATION AWARDED 401 SCHOLARSHIP AWARDS TO STUDENTS ATTENDING ROCK VALLEY COLLEGE. THESE FUNDS TOTALED $658,864.Expenses $658,864 · grants $658,864
- CONTRIBUTIONS TO ROCK VALLEY COLLEGE DURING THE YEAR ENDED JUNE 30, 2025. THE RVC FOUNDATION PROVIDED CASH GRANTS AND ASSISTANCE TOTALING $101,330. THE RVC FOUNDATION SECURED AND/OR MANAGED PROGRAM FUNDS TO SUPPORT 80 UNIQUE PROGRAMS WITHIN ROCK VALLEY COLLEGE RANGING FROM STUDENT CLUBS, EDUCATIONAL RESOURCES, CAMPUS BEAUTIFICATION, AND MORE.Expenses $141,094 · grants $101,330
- THROUGH EMERGENCY RELIEF FUND AWARDS, THE RVC FOUNDATION HELPED KEEP 30 STUDENTS ENROLLED AND ON TRACK TO COMPLETION DURING UNEXPECTED FINANCIAL CRISIS. THESE FUNDS TOTALED $25,689.Expenses $25,689 · grants $25,689
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
- 36-3037232
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42I)
- Assets (IRS master file)
- $23,944,565
- Income (IRS master file)
- $6,911,217
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,772,722 | $1,422,746 | $23,944,565 | IRS |
| 990 | June 2024 | $1,108,338 | $1,392,208 | $20,495,112 | XML |
| 990 | June 2023 | $2,025,850 | $1,127,231 | $17,892,333 | XML |
| 990 | June 2022 | $2,227,378 | $972,284 | $15,832,349 | IRS |
| 990 | 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 36-3037232).
Questions about ROCK VALLEY COLLEGE FOUNDATION
- What is the EIN of ROCK VALLEY COLLEGE FOUNDATION?
- The employer identification number (EIN) of ROCK VALLEY COLLEGE FOUNDATION is 36-3037232.
- Is ROCK VALLEY COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to ROCK VALLEY COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCK VALLEY 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 ROCK VALLEY 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 ROCK VALLEY 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 ROCK VALLEY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names BRITTANY FREIBERG.
- Who are the officers and directors of ROCK VALLEY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does ROCK VALLEY COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,772,722, expenses of $1,422,746 and total assets of $23,944,565 at year end.
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