Hutchinson Community College Endowment Association

Organization Overview

Hutchinson Community College Endowment Association is located in Hutchinson, KS. The organization was established in 1964. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hutchinson Community College Endowment Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Hutchinson Community College Endowment Association generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE EDUCATIONAL SERVICES PROVIDED BY HUTCHINSON COMMUNITY COLLEGE, HUTCHINSON, KANSAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS ARE PROVIDED TO STUDENTS IN ACCORDANCE WITH SCHOLARSHIP GUIDELINES AND CRITERIA.


VARIOUS EQUIPMENT AND SUPPLIES PURCHASED AND DONATED TO THE COLLEGE TO ENHANCE THE OVERALL EDUCATIONAL CURRICULUM.


ACTIVITIES & EVENTS TO SUPPORT THE ATHLETIC FUNDS, SPECIAL FUNDS, AND SCHOLARSHIP FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
Cindy Keast
Executive Di
$73,912
Evan Moodie
President
$0
Dr Ron Hansen
Vice Preside
$0
Greg Gordon
Treasurer
$0
William Thacker
Board Member
$0
Bob Fee
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,349,285
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,349,285
Total Program Service Revenue$230,056
Investment income $368,927
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $869,814
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,819,378

Grants Awarded

Over the last fiscal year, Hutchinson Community College Endowment Association has awarded $773,730 in support to 2 organizations.

Grant RecipientAmount

HUTCHINSON COMMUNITY COLLEGE

Org PageRecipient Profile

Hutchinson, KS

PURPOSE: EQUIP & IMPROVEMENTS

$673,730

HUTCHINSON COMMUNITY COLLEGE

Org PageRecipient Profile

Hutchinson, KS

PURPOSE: RADIO KS PROGRAMMING

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hutchinson Community College Endowment Association has recieved totaling $50,000.

Awarding OrganizationAmount
Arizona Foundation For Educational Advancement

Phoenix, AZ

PURPOSE: PROVIDE ASISTANCE TO STUDENTS WHO ARE SEEKING TO TRANSFER TO A FOUR-YEAR UNIVERSITY OR EARN A TECHNICAL DEGREE, GAINING SKILLS TO ENTER THE WORKFORCE

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,244,616
Earnings-$2,599,082
Net Contributions$800,630
Other Expense$640,248
Ending Balance$10,805,916

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