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Nonprofit · EIN 84-3771381

NTC PROPERTY FOUNDATION INC

Tax-exempt · WAUSAU, WI 54401

Financials

$2K$2K2022$73K$144K2023$270K$154K2024
Revenue Expenses · by fiscal year end
Financials of NTC PROPERTY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$270,109$154,304$115,805$1,641,474$1,533,530$107,944
June 30, 2024990$72,724$144,088-$71,364$1,581,206$1,589,067-$7,861
June 30, 2023990-EZ$1,589$1,589$0$0$0$0
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$76,124
Program service revenue
$192,240
Investment income
$1,745
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,396
Accounting fees
$2,531
Occupancy
$104,536
Travel
$159
Depreciation
$32,852
Program services (functional)
$144,129
Management and general (functional)
$10,175

Balance sheet and other

Total assets, start of year
$1,581,206
Total assets, end of year
$1,641,474
Total liabilities, end of year
$1,533,530
Net assets, end of year
$107,944
Land, buildings and equipment
$1,434,285
Net assets without donor restrictions
$107,944
Gross receipts
$270,109
Employees
0
Volunteers
7
Year formed
2019
State of legal domicile
WI

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEANNIE WORDENEX-OFFICIO
Trustee or director
1$0$168,600$44,155
VICKI JEPPESENEXECUTIVE DI
Officer
1$0$143,412$21,651
TIM BUTTKEDIRECTOR
Trustee or director
1$0$0$0
CHUCK GHIDORZISECRETARY/TR
Trustee or director, Officer
1$0$0$0
JENNY NIEUWENHUIS HARDELVICE PRESIDE
Trustee or director, Officer
1$0$0$0
JACQUI MILLER MCELROYDIRECTOR
Trustee or director
1$0$0$0
CHET STREBEEX-OFFICIO
Trustee or director
1$0$0$0
JOHN TUBBSPRESIDENT
Trustee or director, Officer
1$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
VICKI JEPPESENEXECUTIVE DIRECTOR, EX-OFFICIO
Officer
1$0$141,175$21,435
JOHN TUBBSPRESIDENT
Trustee or director, Officer
1$0$0$0
JENY NIEUWENHEUIS HARDELVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
CHUCK GHIDORZISECRETARY/TRESURER
Trustee or director, Officer
1$0$0$0
TIM BUTTKEMEMBER
Trustee or director
1$0$0$0
990-EZ for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
JOHN TUBBSDIRECTOR/PRESIDENT1$0
JENY NIEUWENHUIS HARDELDIRECTOR/VICE PRESIDENT1$0
CHUCK A GHIDORZISECRETARY/TREASURER/DIRECT1$0
TIM BUTTKEDIRECTOR1$0

Address and contacts

Address (IRS master file)
1000 W CAMPUS DR, WAUSAU, WI 54401-1880
In care of
% VICKI S JEPPESEN
Principal officer (990 for 2024)
VICKI JEPPESEN, 1000 WEST CAMPUS DRIVE, WAUSAU, WI 54401
Signed the 990
VICKI JEPPESEN, EXECUTIVE DIRECTOR
Phone
(715) 803-1776
Return prepared by
KERBERROSE SC

Mission

TO SERVE AS A SUPPORTING ORGANIZATION FOR THE NTC FOUNDATION TO RECEIVE GIFTS OF REAL ESTATE, PURCHASE AND DEVELOP REAL ESTATE, AND/OR HOLD REAL ESTATE FOR INVESTMENT OR FUTURE DEVELOPMENT THAT WILL BENEFIT THE COLLEGE AND ITS STAKEHOLDERS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE NTC PROPERTY FOUNDATION IS A SUPPORTING ORGANIZATION OF NORTHCENTRAL TECHNICAL COLLEGE. THE FOUNDATION WAS ESTABLISHED TO SUPPORT THE COLLEGE AND STUDENTS THROUGH INVESTMENTS IN INTELLECTUAL AND REAL PROPERTY. PROFITS FROM THESE VENTURES WILL BE DISTRIBUTED TO THE NTC FOUNDATION TO BE USED FOR SCHOLARSHIPS AND OTHER COLLEGE INITIATIVES TO SUPPORT THE COLLEGE'S MISSION.
    Expenses $144,129 · revenue $192,240

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
84-3771381
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40)
Assets (IRS master file)
$1,641,474
Income (IRS master file)
$270,109

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$270,109$154,304$1,641,474XML
990June 2024$72,724$144,088$1,581,206XML
990-EZJune 2023$1,589$1,589$0XML
990-EZJune 2022–––IRS
990-EZJune 2021–––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 84-3771381).

Questions about NTC PROPERTY FOUNDATION INC

What is the EIN of NTC PROPERTY FOUNDATION INC?
The employer identification number (EIN) of NTC PROPERTY FOUNDATION INC is 84-3771381.
Is NTC PROPERTY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to NTC PROPERTY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does NTC PROPERTY 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 NTC PROPERTY 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 NTC PROPERTY 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 is the principal officer of NTC PROPERTY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names VICKI JEPPESEN.
Who are the officers and directors of NTC PROPERTY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does NTC PROPERTY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $270,109, expenses of $154,304 and total assets of $1,641,474 at year end.

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