OTERO JUNIOR COLLEGE FOUNDATION

Address
1802 COLORADO AVENUE
LA JUNTA, CO 81050-3400
Nonprofit
NTEE: B11 - Single Organization Support
EIN: 84-1472517

Mission

The Foundation's sole purpose is to support the educational activities of Otero Junior College (a public community college in the state of Colorado)
 2015201420132012
Basic features of the organization
Year of formation1999
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation  $0.00$0.00
Number of employees  00
Number of people compensated >$100k  00
Number of volunteers  1004
Personnel
Hill, Candi
Title  Vice ChairmanVice Chairman
Name of key/compensated person  Candi HillCandi Hill
Position of compensated person
Current individual trustee or director  TrueTrue
Average hours per week working for org  11
Reportable compensation from org  $0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00
Average hours per week working for related orgs  0 
Karney, Kevin
Title  ChairmanChairman
Name of key/compensated person  Kevin KarneyKevin Karney
Position of compensated person
Current individual trustee or director  TrueTrue
Average hours per week working for org  12
Reportable compensation from org  $0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00
Average hours per week working for related orgs  0 
Oyen, Gerry
Title  TreasurerTreasurer
Name of key/compensated person  Gerry OyenGerry Oyen
Position of compensated person
Current individual trustee or director  TrueTrue
Average hours per week working for org  11
Reportable compensation from org  $0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00
Average hours per week working for related orgs  0 
Purpose: mission, activities, & accomplishments
Mission or significant activities  Foundation supporting Otero Junior CollegeFoundation supporting Otero Junior College
Program service expenses, total  $31,377.00$11,413.00
Programs, including revenue & expenses
Creation and implimentation of fund raising campaign.
Program expenses  $11,790.00 
Program revenue  $11,790.00 
Program description  Creation and implimentation of fund raising campaign. 
Development of President's Leadership Program. This program teaches leadership to the top performing students on campus. The student's are picked competively based upon prior service, interview and potential. This program provides funding for activities and scholarships. Also pass through money to affiliated organizations.
Program expenses  $19,000.00 
Program revenue  $19,000.00 
Program description  Development of President's Leadership Program. This program teaches leadership to the top performing students on campus. The student's are picked competively based upon prior service, interview and potential. This program provides funding for activities and scholarships. Also pass through money to affiliated organizations. 
Marketing the foundation and soliciting contributions.
Program expenses  $587.00 
Program revenue  $587.00 
Program description  Marketing the foundation and soliciting contributions. 
Reformation of the foundation board of directors. Establishing goals and objectives for the foundation both short-term and long-term. Development of a mailing list and beginning the mailing process.
Program expenses   $11,413.00
Program revenue   $11,413.00
Program description   Reformation of the foundation board of directors. Establishing goals and objectives for the foundation both short-term and long-term. Development of a mailing list and beginning the mailing process.
Financial data
Revenue
Total revenue  $88,417.00$120,640.00
Revenue from contributions (total)$102,422.00$112,558.00$85,393.00$116,825.00
Revenue from noncash contributions  $0.00$0.00
Investment income, current yr  $224.00$1,015.00
Total revenue from grants, etc., current yr  $85,393.00$116,825.00
Total unrelated business revenue  $0.00$0.00
Other revenue, current yr  $2,800.00$2,800.00
Net unrelated business taxable revenue  $0.00$0.00
Program service revenue (total)$0.00$0.00$0.00$0.00
Gross receipts  $88,417.00$120,640.00
Sources of contributions
Revenue from federated campaigns  $0.00$0.00
Contributions revenue from membership dues  $0.00$0.00
Revenue from fundraising events  $31,935.00$0.00
Contributions from related organizations  $0.00$0.00
Revenue from gov't grants  $0.00$111,113.00
Revenue from all other contributions  $53,458.00$5,712.00
Other types of revenue
Royalties (total)  $0.00$0.00
Miscellaneous revenue (total)  $0.00$0.00
Income from dividends, interest, and similar investments  $224.00$1,015.00
Net rental income$2,800.00$2,800.00$2,800.00$2,800.00
Net income from fundraising events  $0.00 
Expense categories (totals)
Total functional expenses: sum of all  $46,555.00$14,798.00
Total functional expenses: program service   $31,377.00$11,413.00
Total functional expenses: management and general  $3,388.00$0.00
Total functional expenses: fundraising  $11,790.00$3,385.00
Fees for services
Fundraising service fees (total)  $0.00$0.00
General management fees (total)  $5,076.00 
Assets and liabilities
Total assets$732,770.00$706,045.00$639,586.00$597,724.00
Total assets, beginning of year  $597,724.00$491,882.00
Total liabilities$0.00$0.00$0.00$0.00
Total liabilities, beginning of year  $0.00$0.00
Unrestricted net assets, end of yr  $284,586.00$242,724.00
Temporarily restricted net assets  $355,000.00$355,000.00
Permanently restricted net assets, end of yr  $0.00$0.00
Net assets  $639,586.00$597,724.00
Net assets, beginning of year  $597,724.00$491,882.00
Other financial variables
Revenue less expenses  $41,862.00$105,842.00
Advertising (total)  $7,301.00 
Savings & temp cash investment  $604,586.00$562,724.00
Total net assets or fund balances  $639,586.00$597,724.00
Governance and accountability
Number of voting members  77
Number of independent voting members  77
Cash accounting  TrueTrue
Tax year start date  2012-07-012011-07-01
Tax year end date2015-06-012014-06-012013-06-012012-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF  990990
Date e-filing submitted  2013-12-212012-11-06
IRS schema version  2012v2.02011v1.2
Filing identifier  201322809349300987201232999349300418
Use these data in your project Benchmark this organization against its peers