Nonprofit · EIN 56-1961239
MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL
Tax-exempt · STATESVILLE, NC 28677
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $2,487,927 | $1,077,428 | $1,410,499 | $24,097,860 | $0 | $24,097,860 |
| June 30, 2025 | 990 | $1,787,545 | $1,084,833 | $702,712 | $21,858,351 | $4 | $21,858,347 |
| June 30, 2024 | 990 | $1,024,260 | $1,121,083 | -$96,823 | $20,270,176 | $0 | $20,270,176 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $170,215
- Program service revenue
- $0
- Investment income
- $2,317,712
- Net gain from sales of assets
- $1,595,724
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $899,950
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $5,000
- Accounting fees
- $7,825
- Program services (functional)
- $936,873
- Management and general (functional)
- $135,555
- Fundraising (functional)
- $5,000
Balance sheet and other
- Total assets, start of year
- $21,858,351
- Total assets, end of year
- $24,097,860
- Total liabilities, end of year
- $0
- Net assets, end of year
- $24,097,860
- Publicly traded securities
- $24,047,509
- Net assets without donor restrictions
- $24,097,860
- Gross receipts
- $3,808,250
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BREWER | SECRETARY Trustee or director, Officer | 2.25 | $0 | $321,419 | $76,284 |
| GERALD HYDE | TREASURER Trustee or director, Officer | 3.75 | $0 | $157,858 | $50,000 |
| RALPH BENTLEY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH CANNON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROL CHILDRESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA EVERSOLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERICA GOODNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAYMOND HILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID MEACHEM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MOLLY NICHOLSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL POPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANE TESTERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIA WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TINA MORGAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2025: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BREWER | SECRETARY Trustee or director, Officer | 2.25 | $0 | $276,712 | $76,284 |
| GERALD HYDE | TREASURER Trustee or director, Officer | 3.75 | $0 | $153,069 | $50,000 |
| RALPH BENTLEY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH CANNON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROL CHILDRESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA EVERSOLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERICA GOODNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAYMOND HILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUGLAS MCCRACKEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MOLLY NICHOLSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL POPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANE TESTERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIA WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BREWER | SECRETARY Trustee or director, Officer | 2.25 | $0 | $239,211 | $76,284 |
| GERALD HYDE | TREASURER Trustee or director, Officer | 3.75 | $0 | $143,623 | $50,000 |
| RALPH BENTLEY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELIZABETH CANNON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CAROL CHILDRESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE COOK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA EVERSOLE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERICA GOODNIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAYMOND HILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUGLAS MCCRACKEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MOLLY NICHOLSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL POPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN SCHAEFER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID STEELE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANE TESTERMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JULIA WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 W BROAD ST, STATESVILLE, NC 28677-5264
- In care of
- % RICHARD LEFEVRE
- Principal officer (990 for 2025)
- GERALD HYDE, 500 WEST BROAD STREET, STATESVILLE, NC 28677
- Signed the 990
- GERALD HYDE, TREASURER
- Phone
- (704) 878-3202
- Return prepared by
- LOWDERMILK CHURCH & CO LLP
Mission
THE MISSION OF THE MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCELLANCE (THE FOUNDATION) IS TO ASSIST MITCHELL COMMUNITY COLLEGE (THE COLLEGE) IN ACHEIVING EXCELLENCE IN ITS MISSION OF PROVIDING AN ACCESSIBLE AND AFFORDABLE EDUCATION TO AREA STUDENTS; TO PROMOTE, DEVELOP, AND ENCOURAGE PUBLIC SUPPORT OF THE COLLEGE; AND TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SUCCESS OF THE COLLEGE
Program accomplishments
- THE MISSION OF THE MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCELLANCE (THE FOUNDATION) IS TO ASSIST MITCHELL COMMUNITY COLLEGE (THE COLLEGE) IN ACHEIVING EXCELLENCE IN ITS MISSION OF PROVIDING AN ACCESSIBLE AND AFFORDABLE EDUCATION TO AREA STUDENTS; TO PROMOTE, DEVELOP, AND ENCOURAGE PUBLIC SUPPORT OF THE COLLEGE; AND TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SUCCESS OF THE COLLEGEExpenses $936,873 · grants $899,950
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 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1961239
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $24,097,860
- Income (IRS master file)
- $3,808,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $2,487,927 | $1,077,428 | $24,097,860 | XML |
| 990 | June 2025 | $1,787,545 | $1,084,833 | $21,858,351 | XML |
| 990 | June 2024 | $1,024,260 | $1,121,083 | $20,270,176 | XML |
| 990 | June 2023 | $666,512 | $570,627 | $18,697,682 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 56-1961239).
Questions about MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL
- What is the EIN of MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL?
- The employer identification number (EIN) of MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL is 56-1961239.
- Is MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL 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 MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL?
- The 990 for the year ended June 30, 2026 names GERALD HYDE.
- Who are the officers and directors of MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL?
- The 990 for the year ended June 30, 2026 lists 15 people; 0 received compensation from the organization.
- How much revenue does MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCEL have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $2,487,927, expenses of $1,077,428 and total assets of $24,097,860 at year end.
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- ENCOURAGING THE NATIONS EIN 83-2368347 · last filed 990-EZ for 2024
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- ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION EIN 56-2097218 · last filed 990 for 2025
All nonprofits in STATESVILLE · North Carolina · Philanthropy, voluntarism and grantmaking foundations