Nonprofit · EIN 84-6027518
ADAMS STATE UNIVERSITY FOUNDATION INC
Tax-exempt · ALAMOSA, CO 81101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,592,625 | $2,802,127 | $2,790,498 | $41,969,402 | $24,650 | $41,944,752 |
| June 30, 2024 | 990 | $8,066,797 | $2,754,093 | $5,312,704 | $38,478,754 | $92,418 | $38,386,336 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,261,426
- Program service revenue
- $0
- Investment income
- $3,331,199
- Net gain from sales of assets
- $2,162,628
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,977,358
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $30,450
- Travel
- $2,128
- Program services (functional)
- $2,242,135
- Management and general (functional)
- $224,762
- Fundraising (functional)
- $335,230
Balance sheet and other
- Total assets, start of year
- $38,478,754
- Total assets, end of year
- $41,969,402
- Total liabilities, end of year
- $24,650
- Net assets, end of year
- $41,944,752
- Publicly traded securities
- $40,910,985
- Net assets without donor restrictions
- $6,433,036
- Net assets with donor restrictions
- $35,511,716
- Gross receipts
- $28,051,066
- Employees
- 10
- Year formed
- 1962
- State of legal domicile
- CO
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TAMMY LOPEZ | Executive Direc Officer | 40 | $0 | $59,048 | $26,988 |
| FRED BUNCH | SEC/TREAS Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| JOE MARTINEZ | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KIM MARVEL | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JAN MANGUM | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| CHAS MOELLER | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| ELIZABETH SUAREZ | BOARD MEMBER Trustee or director | 0.35 | $0 | $0 | $0 |
| BUFFIE McFADYEN | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| WILLIAM RAKOW | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOSHUA CODY | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JESSE TORRES | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RICHARD SCANGA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| ED ORTEGA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RON HOWARD | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| DOROTHY LUCERO | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TAMMY LOPEZ | Executive Direc Officer | 40 | $0 | $54,699 | $24,205 |
| FRED BUNCH | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOE MARTINEZ | Vice President Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| KIM MARVEL | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| KEITH CERNY | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| CHUCK HOUSER | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| ED CROWTHER | President Trustee or director, Officer | 5 | $0 | $0 | $0 |
| BUFFIE McFADYEN | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| WILLIAM RAKOW | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JENNIFER CHAVEZ | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JOSHUA CODY | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| JESSE TORRES | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RICHARD SCANGA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| ED ORTEGA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| CHERYL SCHROEDER | SEC/TREASURER Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| TYREE WALTON | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RON HOWARD | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| DOROTHY LUCERO | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 208 EDGEMONT BLVD, ALAMOSA, CO 81101-2373
- Signed the 990
- TAMMY LOPEZ, Executive Direc
- Phone
- (719) 587-7121
- Website
- www.adams.edu
- Return prepared by
- Wall Smith Bateman Inc
Mission
THE ADAMS STATE UNIVERSITY FOUNDATION EXISTS TO PROMOTE AND FURTHER THE INTERESTS, OBJECTIVES AND PURPOSES OF THE UNIVERSITY; TO SEEK AND RECEIVE GIFTS, LEGACIES AND GRANTS OF MONEY OR PROPERTY AND TO ADMINISTER SUCH FOR THE BENEFIT OF THE UNIVERSITY.
Program accomplishments
- SCHOLARSHIPS, GRANTS, AWARDS, AND OTHER ALLOCATIONS FOR THE BENEFIT OF ADAMS STATE UNIVERSITY STUDENTS, FACULTY, AND STAFF. THE FOUNDATION ASSISTED 262 RECIPIENTS TO FUND THEIR EDUCATION. TOTAL DONATED SERVICES IN 2024 WERE $71,779.37.Expenses $2,242,135 · grants $1,787,860
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
- 84-6027518
- 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
- 1964
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $41,969,402
- Income (IRS master file)
- $28,051,066
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,592,625 | $2,802,127 | $41,969,402 | IRS |
| 990 | June 2024 | $8,066,797 | $2,754,093 | $38,478,754 | XML |
| 990 | June 2023 | $2,962,500 | $2,584,111 | $29,975,684 | IRS |
| 990 | June 2022 | $4,294,888 | $2,640,015 | $27,757,984 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 84-6027518).
Questions about ADAMS STATE UNIVERSITY FOUNDATION INC
- What is the EIN of ADAMS STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of ADAMS STATE UNIVERSITY FOUNDATION INC is 84-6027518.
- Is ADAMS STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to ADAMS STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADAMS STATE UNIVERSITY 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 ADAMS STATE UNIVERSITY 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 ADAMS STATE UNIVERSITY 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 ADAMS STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does ADAMS STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,592,625, expenses of $2,802,127 and total assets of $41,969,402 at year end.
Other nonprofits in ALAMOSA
- VERITAS CHRISTIAN ACADEMY EIN 32-0682286 · last filed 990 for 2025
- SARGENT ACTIVITIES FOUNDATION EIN 11-3750883 · last filed 990-N for 2025
- HIGH MOUNTAIN PUPIL TRANSPORTATION TRAINING EIN 88-1876381 · last filed 990-EZ for 2023
- ALLIANCE OF HEARTS INITIATIVE FOR TODAYS YOUTHS INC EIN 87-2357541 · last filed 990-N for 2025
- ALAMOSA ALUMNI ASSOCIATION EIN 47-4750665 · last filed 990-N for 2025
- SAN LUIS VALLEY SOCIETY OF MODEL ENGINEERS EIN 87-1159763 · last filed 990-N for 2025
- SAN LUIS VALLEY REGIONAL MEDICAL CENTER EIN 84-0255530 · last filed 990 for 2025
- VALLEY-WIDE HEALTH SYSTEMS INC EIN 84-0706945 · last filed 990 for 2025