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Nonprofit · EIN 55-0532374

SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION

Tax-exempt · LOGAN, WV 25601

Financials

$401K$513K2023$940K$380K2024
Revenue Expenses · by fiscal year end
Financials of SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$940,360$380,057$560,303$5,443,721$5,345$5,438,376
December 31, 2023990$400,706$513,270-$112,564$4,666,635$895$4,665,740
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$598,665
Program service revenue
$0
Investment income
$380,560
Net gain from sales of assets
$197,583
Net income from fundraising events
-$38,865
Other revenue
-$38,865

Expenses

Grants and similar amounts paid
$132,778
Compensation of officers, directors and key employees
$4,800
Salaries, compensation and benefits (total)
$4,800
Professional fundraising fees
$0
Accounting fees
$18,407
Program services (functional)
$200,256
Management and general (functional)
$170,733
Fundraising (functional)
$9,068

Balance sheet and other

Total assets, start of year
$4,666,635
Total assets, end of year
$5,443,721
Total liabilities, end of year
$5,345
Net assets, end of year
$5,438,376
Publicly traded securities
$4,599,091
Net assets without donor restrictions
$849,548
Net assets with donor restrictions
$4,588,828
Gross receipts
$995,864
Employees
0
Volunteers
60
Year formed
1971
State of legal domicile
WV

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK MARESKETREASURER
Trustee or director, Officer
5$4,800
JOSH WORKMANPRESIDENT
Trustee or director, Officer
10$0
DEE KAPOURALESVICE-PRESIDENT
Trustee or director, Officer
5$0
EDDIE JOE CANTERBURYSECRETARY
Trustee or director, Officer
0.5$0
EDDIE CANTERBURYBOARD OF DIRECTORS
Trustee or director
0.5$0
DREW LEWISBOARD OF DIRECTORS
Trustee or director
0.5$0
DR PAMELA ALDERMANBOARD OF DIRECTORS
Trustee or director
0.5$0
WALLY THORNHILLBOARD OF DIRECTORS
Trustee or director
0.5$0
DAVID EVANSBOARD OF DIRECTORS
Trustee or director
0.5$0
DR THOMAS NUCKOLSBOARD OF DIRECTORS
Trustee or director
0.5$0
DAVID MCCORMICKBOARD OF DIRECTORS
Trustee or director
0.5$0
JAMES SIZEMOREBOARD OF DIRECTORS
Trustee or director
0.5$0
RYAN THORNBOARD OF DIRECTORS
Trustee or director
0.5$0
CHRIS ZETOBOARD OF DIRECTORS
Trustee or director
0.5$0
MARK MCGREWBOARD OF DIRECTORS
Trustee or director
0.5$0
3 more people on this return
NameTitleHours / weekCompensation
DR CHAD SALYERSBOARD OF DIRECTORS
Trustee or director
0.5$0
MICHAEL BAKERBOARD OF DIRECTORS
Trustee or director
0.5$0
LARA SEDLOCK-TACKETTBOARD OF DIRECTORS
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
MARK MARESKETREASURER
Officer
5$4,800
DAVID MCCORMICKBOARD OF DIRECTOR
Trustee or director
0.5$0
DR THOMAS NUCKOLSBOARD OF DIRECTOR
Trustee or director
0.5$0
JAMES SIZEMOREBOARD OF DIRECTOR
Trustee or director
0.5$0
RYAN THORNBOARD OF DIRECTOR
Trustee or director
0.5$0
DREW LEWISBOARD OF DIRECTOR
Trustee or director
0.5$0
JOSH WORKMANSECRETARY
Trustee or director
0.5$0
WALLY THORNHILLBOARD OF DIRECTOR
Trustee or director
0.5$0
EDDIE JOE CANTERBURYBOARD OF DIRECTOR
Trustee or director
0.5$0
DR PAMELA ALDERMANBOARD OF DIRECTOR
Trustee or director
0.5$0
DAVID EVANSBOARD OF DIRECTOR
Trustee or director
0.5$0
CHRIS ZETOBOARD OF DIRECTOR
Trustee or director
0.5$0
MARK MCGREWBOARD OF DIRECTOR
Trustee or director
0.5$0
DR CHAD SALYERSBOARD OF DIRECTOR
Trustee or director
0.5$0
MICHAEL BAKERBOARD OF DIRECTOR
Trustee or director
0.5$0
LARA SEDLOCK-TACKETTBOARD OF DIRECTOR
Trustee or director
0.5$0
EDDIE CANTERBURYPRESIDENT
Officer
10$0
DEE KAPOURALESVICE-PRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 1886, LOGAN, WV 25601-1886
In care of
% EDDIE CANTERBURY LOGAN B & T
Principal officer (990 for 2024)
MARK MARESKE, PO BOX 1886, LOGAN, WV 25601
Signed the 990
MARK MARESKE, TREASURER
Phone
(304) 896-7425
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

THE SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION, INC. WILL SEEK TO SECURE EXTERNAL SOURCES OF FINANCIAL SUPPORT TO PROVIDE FUNDING FOR STUDENTS, FACULTY, STAFF, AND ACADEMIC PROGRAMS AT SOUTHERN WEST VIRGINIA COMMUNITY AND TECHNICAL COLLEGE THROUGH SPECIAL EVENT FUNDRAISING, DONOR RELATIONS, INVESTMENT MANAGEMENT, AND COMMUNITY PHILANTHROPY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SUPPORT TO SOUTHERN WEST VIRGININA COMMUNITY AND TECHNICAL COLLEGE WITH SCHOLARSHIP FUNDS
    Expenses $132,778 · grants $132,778
  • PROVIDE FUNDING TO ENHANCE AND EXPAND EDUCATIONAL PROGRAMS AND SERVICES OFFERED TO STUDENTS ATTENDING SOUTHERN WEST VIRGININA COMMUNITY AND TECHNICAL COLLEGE
    Expenses $67,478

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-0532374
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B41Z)
Assets (IRS master file)
$5,443,721
Income (IRS master file)
$995,864

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$940,360$380,057$5,443,721XML
990December 2023$400,706$513,270$4,666,635XML
990December 2022$805,472$434,446$4,991,334IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 55-0532374).

Questions about SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION

What is the EIN of SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION?
The employer identification number (EIN) of SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION is 55-0532374.
Is SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SOUTHERN WEST VIRGINIA COMMUNITY 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 SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended December 31, 2024 names MARK MARESKE.
Who are the officers and directors of SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $4,800 (MARK MARESKE, TREASURER).
How much revenue does SOUTHERN WEST VIRGINIA COMMUNITY COLLEGE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $940,360, expenses of $380,057 and total assets of $5,443,721 at year end.

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