Texas Association Of Community Colleges
- Assets
- $2.8m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Austin, TX
- Founding
- 01/1975
- Data as of
- 08/2023
- EIN
- 74-1805266
Organization Overview
Texas Association Of Community Colleges is located in Austin, TX. The organization was established in 1975. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 08/2023, Texas Association Of Community Colleges employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Association Of Community Colleges is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2023, Texas Association Of Community Colleges generated $2.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $2.4m during the year ending 08/2023. While expenses have increased by 1.1% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PUBLIC & PRIVATE SECTOR SUPPORT FOR TEXAS COMMUNITY COLLEGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZING PROGRAMS ON BEHALF OF TEXAS COMMUNITY COLLEGES AND REPRESENTS THE INTEREST OF THE COLLEGES BEFORE THE TEXAS LEGISLATURE AND STATE AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Fraire Pres/ceo (9/ | 34 | $128,613 | |
Ray Martinez President & | Officer | 38 | $103,228 |
Lori Stalheber Director Of | Officer | 20 | $59,160 |
Cynthia Ferrell Vice Preside | Officer | 0 | $0 |
Jacob Cottingham Sr Dir Gov R | 40 | $114,067 | |
Martha Ellis Sr. Pathways | 40 | $136,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Univeristy Of Texas - Charles A Dan Education Programs | 8/30/19 | $200,000 |
Shapiro Linn Strategic Consulting Consulting | 8/30/19 | $112,267 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $660,019 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,162 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,181 |
| Total Program Service Revenue | $1,595,871 |
| Investment income | $13,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,287,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $440,392 |
| Other salaries and wages | $684,866 |
| Pension plan accruals and contributions | $82,793 |
| Other employee benefits | $62,659 |
| Payroll taxes | $80,959 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,789 |
| Fees for services: Accounting | $25,296 |
| Fees for services: Lobbying | $113,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $234,000 |
| Advertising and promotion | $68,923 |
| Office expenses | $54,846 |
| Information technology | $38,471 |
| Royalties | $0 |
| Occupancy | $169,671 |
| Travel | $57,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $175,625 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,421 |
| Insurance | $4,168 |
| All other expenses | $1,143 |
| Total functional expenses | $2,403,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,557 |
| Savings and temporary cash investments | $554,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,960 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,816 |
| Net Land, buildings, and equipment | $1,681,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $314,222 |
| Total assets | $2,818,485 |
| Accounts payable and accrued expenses | $191,719 |
| Grants payable | $0 |
| Deferred revenue | $185,981 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,621 |
| Total liabilities | $435,321 |
| Net assets without donor restrictions | $2,383,164 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,818,485 |
Grants Awarded
Over the last fiscal year, Texas Association Of Community Colleges has awarded $359,783 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS SOUTHMOST COLLEGE PURPOSE: DUAL CREDIT PATHWAYS | $23,206 |
GALVESTON COLLEGE PURPOSE: DUAL CREDIT PATHWAYS | $13,500 |
EL PASO COMMUNITY COLLEGE PURPOSE: DUAL CREDIT PATHWAYS | $23,077 |
TEXAS COMMUNITY COLLEGE EDUCATION INITIATIVE PURPOSE: MATHWAYS | $300,000 |