Nonprofit · EIN 56-1416411
CLEVELAND COMMUNITY COLLEGE FOUNDATION INC
Tax-exempt · SHELBY, NC 28152
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,056,001 | $440,244 | $615,757 | $5,447,376 | $1,215,477 | $4,231,899 |
| June 30, 2024 | 990 | $1,675,406 | $723,914 | $951,492 | $4,687,873 | $1,152,448 | $3,535,425 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $911,961
- Program service revenue
- $0
- Investment income
- $144,040
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $156,709
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $178
- Depreciation
- $3,632
- Program services (functional)
- $278,626
- Management and general (functional)
- $143,469
- Fundraising (functional)
- $18,149
Balance sheet and other
- Total assets, start of year
- $4,687,873
- Total assets, end of year
- $5,447,376
- Total liabilities, end of year
- $1,215,477
- Net assets, end of year
- $4,231,899
- Land, buildings and equipment
- $158,512
- Publicly traded securities
- $4,841,734
- Net assets without donor restrictions
- $925,418
- Net assets with donor restrictions
- $3,306,481
- Gross receipts
- $1,071,818
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1983
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Padgett | Chairman Trustee or director, Officer | 1 | $0 |
| Chad Beam | Director Trustee or director | 1 | $0 |
| Earl Lutz | Director Trustee or director | 1 | $0 |
| Lauren Massey-Williams DDS | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Jamey Davis | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Elizabeth Greene | Director Trustee or director | 1 | $0 |
| Marie Brinkley | Director Trustee or director | 1 | $0 |
| Myra McGinnis | Director Trustee or director | 1 | $0 |
| Heather Stevens | Director Trustee or director | 1 | $0 |
| Brad Cornwell | Director Trustee or director | 1 | $0 |
| Tony Fogleman | Director Trustee or director | 1 | $0 |
| Jackson Martin | Director Trustee or director | 1 | $0 |
| April Corder | Secretary Officer | 1 | $0 |
| Bill Turpish | Ex-Officio Officer | 1 | $0 |
| Grayson Pierce | Executive Dir. Officer | 40 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Matheny | Treasurer Officer | 1 | $0 |
| Dr Jason Hurst | Ex-Officio Officer | 1 | $0 |
| Kristin Blanton | Interim ED Officer | 40 | $0 |
| Mary Carlson | Executive Dir. Officer | 40 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Padgett | Chairman Trustee or director, Officer | 1 | $0 |
| Chad Beam | Director Trustee or director | 1 | $0 |
| Earl Lutz | Director Trustee or director | 1 | $0 |
| Lauren Massey-Williams DDS | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Jamey Davis | Director Trustee or director | 1 | $0 |
| Elizabeth Greene | Director Trustee or director | 1 | $0 |
| Marie Brinkley | Director Trustee or director | 1 | $0 |
| Myra McGinnis | Director Trustee or director | 1 | $0 |
| Heather Stevens | Director Trustee or director | 1 | $0 |
| Brad Cornwell | Director Trustee or director | 1 | $0 |
| Tony Fogleman | Director Trustee or director | 1 | $0 |
| Jackson Martin | Director Trustee or director | 1 | $0 |
| April Corder | Secretary Officer | 1 | $0 |
| Bill Turpish | Ex-Officio Officer | 1 | $0 |
| Stephen Matheny | Treasurer Officer | 1 | $0 |
| Dr Jason Hurst | Ex-Officio Officer | 1 | $0 |
| Mary Carlson | Executive Dir. Officer | 40 | $0 |
| Bruce Cole | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 137 S POST RD, SHELBY, NC 28152-6224
- Signed the 990
- Stephen Matheny, Treasurer
- Phone
- (704) 669-4145
- Return prepared by
- Foard and Company PA
Mission
A conduit for public contributions and other fund-raising activities which benefit programs at Cleveland Community College
Program accomplishments
- The Cleveland Community College Foundation serves as a conduit for public contributions and other fund-raising activities which benefit programs at Cleveland Community College.Expenses $278,626 · grants $156,709
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
- 56-1416411
- 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
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41I)
- Assets (IRS master file)
- $5,447,376
- Income (IRS master file)
- $1,071,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,056,001 | $440,244 | $5,447,376 | IRS |
| 990 | June 2024 | $1,675,406 | $723,914 | $4,687,873 | XML |
| 990 | June 2023 | $1,002,655 | $596,663 | $3,703,304 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 56-1416411).
Questions about CLEVELAND COMMUNITY COLLEGE FOUNDATION INC
- What is the EIN of CLEVELAND COMMUNITY COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of CLEVELAND COMMUNITY COLLEGE FOUNDATION INC is 56-1416411.
- Is CLEVELAND COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to CLEVELAND COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEVELAND 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 CLEVELAND 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 CLEVELAND 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 are the officers and directors of CLEVELAND COMMUNITY COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does CLEVELAND COMMUNITY COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,056,001, expenses of $440,244 and total assets of $5,447,376 at year end.
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