Nonprofit · EIN 58-0684740
GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC
Tax-exempt · ATLANTA, GA 30303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,026,599 | $2,049,492 | $977,107 | $20,083,372 | $115,526 | $19,967,846 |
| December 31, 2023 | 990 | $2,049,642 | $1,858,496 | $191,146 | $18,845,633 | $65,673 | $18,779,960 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,241,947
- Membership dues
- $901,266
- Program service revenue
- $193,686
- Investment income
- $1,590,966
- Net gain from sales of assets
- $637,996
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $679,910
- Compensation of officers, directors and key employees
- $328,273
- Other salaries and wages
- $134,200
- Salaries, compensation and benefits (total)
- $652,495
- Professional fundraising fees
- $0
- Accounting fees
- $50,780
- Occupancy
- $23,248
- Travel
- $26,448
- Depreciation
- $874
- Program services (functional)
- $1,684,708
- Management and general (functional)
- $344,057
- Fundraising (functional)
- $20,727
Balance sheet and other
- Total assets, start of year
- $18,845,633
- Total assets, end of year
- $20,083,372
- Total liabilities, end of year
- $115,526
- Net assets, end of year
- $19,967,846
- Publicly traded securities
- $18,551,885
- Net assets without donor restrictions
- $3,386,573
- Net assets with donor restrictions
- $16,581,273
- Gross receipts
- $4,592,034
- Employees
- 4
- Volunteers
- 32
- Year formed
- 1956
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNA COLVIN | PRESIDENT Officer | 40 | $225,660 | $51,486 |
| LISA MACKE | VICE-PRESIDENT Officer | 40 | $102,613 | $52,433 |
| ANDY SHEPPARD | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANNE SKELDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANTONIO MOLINA | AT LARGE Trustee or director | 1 | $0 | $0 |
| BHARATH PARTHASARATHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RUSTY KENNEDY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEAN COLLINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONALD DOWLESS | AT LARGE Trustee or director | 1 | $0 | $0 |
| GEORGE FRENCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMIR CANER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD VOYLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREGORY FENVES | AT LARGE Trustee or director | 1 | $0 | $0 |
| HELENE GAYLE | AT LARGE Trustee or director | 1 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD MOSBY | TRUSTEE Trustee or director | 1 | $0 |
| GREG HEARN | TRUSTEE Trustee or director | 1 | $0 |
| SUSANNA BAXTER | TRUSTEE Trustee or director | 1 | $0 |
| KATHRYN MCCLYMOND | TRUSTEE Trustee or director | 1 | $0 |
| JIMMY FLEMING | TRUSTEE Trustee or director | 1 | $0 |
| JOHN COLEMAN | AT LARGE Trustee or director | 1 | $0 |
| KEITH H SHURBUTT | TREASURER Trustee or director, Officer | 1 | $0 |
| KEVIN TANNER | AT LARGE Trustee or director | 1 | $0 |
| LEOCADIA I ZAK | CHAIR Trustee or director, Officer | 1 | $0 |
| MARSHALL CRISER | TRUSTEE Trustee or director | 1 | $0 |
| DREW VAN HORN | TRUSTEE Trustee or director | 1 | $0 |
| MARK ROBERTS | AT LARGE Trustee or director | 1 | $0 |
| MEAGHAN BLIGHT | TRUSTEE Trustee or director | 1 | $0 |
| NANCY JUNEAU | AT LARGE Trustee or director | 1 | $0 |
| ROB SCOTT | AT LARGE Trustee or director | 1 | $0 |
| ROBERT MYERS | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN R BRIGGS | TRUSTEE Trustee or director | 1 | $0 |
| STEVE ECHOLS | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM D UNDERWOOD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNA COLVIN | PRESIDENT Officer | 40 | $225,488 | $47,859 |
| LISA MACKE | VICE PRESIDENT Officer | 40 | $101,207 | $48,238 |
| KEITH H SHURBUTT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| LINDA BUCHANAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN COLEMAN | AT LARGE Trustee or director | 1 | $0 | $0 |
| DEAN COLLINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE SKELDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIMMY FLEMING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE HARMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY JUNEAU | AT LARGE Trustee or director | 1 | $0 | $0 |
| DREW VAN HORN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM D UNDERWOOD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LEOCADIA I ZAK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN R BRIGGS | AT LARGE Trustee or director | 1 | $0 | $0 |
| STEVE ECHOLS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE FRENCH | AT LARGE Trustee or director | 1 | $0 | $0 |
| J DEREK HALVORSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RONALD G WHITE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREGORY FENVES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HOWARD MOSBY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANTONIO MOLINA | AT LARGE Trustee or director | 1 | $0 | $0 |
| SUSANNA BAXTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROB SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID THOMAS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICHOLAS LADANY | AT LARGE Trustee or director | 1 | $0 | $0 |
| JAMES F MELLICHAMP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK ROBERTS | AT LARGE Trustee or director | 1 | $0 | $0 |
| DONALD DOWLESS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDY SHEPPARD | AT LARGE Trustee or director | 1 | $0 | $0 |
| ROBERT MYERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMIR CANER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEVIN TANNER | AT LARGE Trustee or director | 1 | $0 | $0 |
| BHARATH PARTHASARATHY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HELENE GAYLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MEAGHAN BLIGHT | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 HURT PLZ SE STE 655, ATLANTA, GA 30303-2945
- Principal officer (990 for 2024)
- JENNA COLVIN, 50 HURT PLAZA 655, ATLANTA, GA 30303
- Signed the 990
- JENNA COLVIN, PRESIDENT
- Phone
- (404) 233-5433
- Website
- WWW.GEORGIACOLLEGES.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
GEORGIA INDEPENDENT COLLEGE ASSOCIATION, INC ("GICA") SUPPORTS PRIVATE HIGHER EDUCATION IN GEORGIA IN THE AREAS OF PUBLIC POLICY, INCREASED PUBLIC AWARENESS, FUND RAISING FOR STUDENT FINANCIAL AID, AND COLLABORATIVE PROJECTS, IN PARTNERSHIP WITH INSTITUTIONS, BUSINESS AND COMMUNITY LEADERS.
Program accomplishments
- GRANTS AND ALLOCATIONS: IN ACCORDANCE WITH THE EXECUTIVE COMMITTEE APPROVED DISTRIBUTION OF FUNDS POLICY OF GICA, ALL UNDESIGNATED FUNDS ARE DISTRIBUTED 60 PERCENT EQUALLY TO THE MEMBER COLLEGES AND 40 PERCENT TO SUCH COLLEGES IN PROPORTION TO TOTAL REGULAR, FULL-TIME UNDERGRADUATE ENROLLMENT IN THE COLLEGES OF ARTS AND SCIENCES. DESIGNATED FUNDS ARE DISTRIBUTED TO THE COLLEGES SPECIFIED BY THE DONOR.Expenses $1,552,405 · grants $679,910 · revenue $4,740
- COMPLIANCE COLLABORATIVE PROGRAM: THE COMPLIANCE COLLABORATIVE PROGRAM ("CCP") IS A COLLABORATION OF 14 GICA MEMBER INSTITUTIONS TO ASSIST PARTICIPANTS BY PROVIDING TRAINING AND GUIDANCE REGARDING VARIOUS COMPLIANCE-RELATED ISSUES UNDER THE GUIDANCE OF THE COMPLIANCE PROGRAM DIRECTOR. THE IMMEDIATE AREAS OF FOCUS INCLUDE THE AMERICANS WITH DISABILITIES ACT, TITLE IX, THE CLERY ACT, AND THE VIOLENCE AGAINST WOMEN ACT. HOWEVER, THE EXACT TOPICS WILL SHIFT IN ANY GIVEN YEAR WITH THE NEEDS OF THE PARTICIPATING INSTITUTIONS.Expenses $130,055 · revenue $188,946
- IN 2024, GICA LAUNCHED A MULTIPLE EMPLOYER RETIREMENT PLAN, CALLED A MEP. BY SPONSORING THE MEP, WE MAKE A SHARED ERISA PLAN AVAILABLE TO MEMBER COLLEGES WHERE THEY CAN MOVE THEIR INDIVIDUAL 503(B) OR 401(K) PLANS INTO THE SHARED PLAN. THE MEP OFFERS PARTICIPANTS REDUCED COSTS, SHARED GOVERNANCE, AND COMPREHENSIVE ERISA COMPLIANCE.Expenses $2,248
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0684740
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1958
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B120)
- Assets (IRS master file)
- $20,083,372
- Income (IRS master file)
- $4,592,034
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,026,599 | $2,049,492 | $20,083,372 | XML |
| 990 | December 2023 | $2,049,642 | $1,858,496 | $18,845,633 | XML |
| 990 | December 2022 | $2,521,058 | $1,771,287 | $17,834,466 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 58-0684740).
Questions about GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC
- What is the EIN of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC?
- The employer identification number (EIN) of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC is 58-0684740.
- Is GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GEORGIA INDEPENDENT COLLEGE ASSOCIATION 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 GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC 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 GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC 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 GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JENNA COLVIN.
- Who are the officers and directors of GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 34 people; 2 received compensation from the organization, the highest $225,660 (JENNA COLVIN, PRESIDENT).
- How much revenue does GEORGIA INDEPENDENT COLLEGE ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,026,599, expenses of $2,049,492 and total assets of $20,083,372 at year end.
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