Cleveland Community College Inc in Shelby, North Carolina (NC)

Table of contents:

Organization representatives - add corrected or new information about Cleveland Community College Inc »

Non-representatives - add comments about Cleveland Community College Inc»

Cleveland Community College Inc
Employer Identification Number (EIN)561416411
Name of OrganizationCleveland Community College Inc
Address137 S Post Rd, Shelby, NC 28152-6224
ActivitiesSchool, college, trade school, etc., Endowment fund or financial services
SubsectionCharitable Organization
Ruling Date09/1985
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$5,000,000 to $9,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,659,653
Amount of Income$561,666
Form 990 Revenue Amount$561,666
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Community or Junior Colleges


Non-representatives - add comments:


CAPTCHA

Your IP address 107.20.25.215 will be logged.

Amount of income in 2012: $561,666
Cleveland Community College Inc: 

 $561,666
Other organizations performing similar types of work: 

 $1,294,700

Assets in 2012: $9,659,653
This organization: 

 $9,659,653
Other organizations performing similar types of work: 

 $4,711,930

Expenses in 2005: $130,175
This organization: 

 $130,175
Other organizations performing similar types of work: 

 $691,783

Income to expenses ratio in 2005: 3.3
This organization: 

 3.3
Other organizations performing similar types of work: 

 2.4

Expenses allocated to program services in 2005: 13.8%
Cleveland Community College Inc: 

 13.8%
Other organizations performing similar types of work: 

 79.0%

Grants share in income in 2005: 83.5%
Cleveland Community College Inc: 

 83.5%
Other organizations performing similar types of work: 

 71.3%

Financial snapshot ($)

Revenue for 2005

Assets at end of 2005

Expenses for 2005

Functional Expenses for 2005 ($)

Income-Producing Activities for 2005

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20042005
Total revenue$974,492$428,714
Contributions, gifts, grants, and similar amounts received$936,978$357,999
Contributions to donor advised funds
Direct public support$936,978$357,999
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$20,317$44,001
Dividends and interest from securities$15,921$18,277
Net rental income or (loss)$0$0
Gross rents$0$0
Less: rental expenses$0$0
Other investment income$21$169
Gain or (loss) from sales of assets other than inventory$1,255$8,268
Gross amount from sales of assets other than inventory$80,985$97,133
Less: cost or other basis and sales expenses$79,730$88,865
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$0
Gross sales of inventory, less returns and allowances$0$0
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$145,620$130,175
Program services$19,380$17,952
Management and general$124,074$109,088
Fundraising$2,166$3,135
Payments to affiliates$0$0
Net assets or fund balances at end of year$4,028,368$4,346,175
Excess or (deficit) for the year$828,872$298,539
Net assets or fund balances at beginning of year$3,169,499$4,028,368
Other changes in net assets or fund balances$29,997$19,268
Statement of Functional Expenses (for 2005)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$130,175$17,952$109,088$3,135
Grants paid from donor advised funds
Other grants and allocations$17,952
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$5,215$0$5,215$0
Legal fees$0$0$0$0
Supplies$3,135$0$0$3,135
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$1,478$0$1,478$0
Travel$0$0$0$0
Conferences, conventions, and meetings$905$0$905$0
Interest$90,329$0$90,329$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$11,161$0$11,161$0
Balance Sheets
20042005
Total assets$5,535,868$5,852,675
Cash - non-interest-bearing$80,333$54,174
Savings and temporary cash investments$1,341,913$1,481,839
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$1,465,162$1,714,586
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$2,168,007$2,149,500
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities
Investments - other securities$438,701$404,740
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$38,730$36,530
Land, buildings, and equipment less accumulated depreciation$0$0
Other assets, including program-related investments$3,022$11,306
Total liabilities$1,507,500$1,506,500
Accounts payable and accrued expenses$7,500$6,500
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$1,500,000$1,500,000
Other liabilities$0$0
Total liabilities and net assets/fund balances$5,535,868$5,852,675
Total net assets or fund balances$4,028,368$4,346,175
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20042005
Total revenue$974,492$428,714
Total revenue, gains, and other support per audited financial statements$1,004,489$450,182
Other expenses$29,997$21,468
Net unrealized gains on investments$29,997$21,468
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20042005
Total expenses$145,620$130,175
Total expenses and losses per audited financial statements$145,620$130,175
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2005)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$70,715$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$44,001$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$18,277$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$169$0
Gain or (loss) from sales of assets other than inventory000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$8,268$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2005)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2005)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2005)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization operated for the benefit of a college or university
Support Schedule
20032004
Total$1,322,097$973,237
Gifts, grants, and contributions received$1,309,808$936,978
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$12,289$36,259
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2005)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$561,666
Contributions, Gifts, Grants and Other Similar Amounts$512,389
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$33,419
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$15,858
Statement of Functional Expenses (for 2012)
Total functional expenses$605,745
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$605,745
Balance Sheet (for 2012)
Total assets$9,659,653
Total liabilities$5,130,000
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$5,130,000
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$4,529,653
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$3,617,869
Gifts, grants, contributions, and membership fees received$3,316,660
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$301,209
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Cleveland Community College Inc to others? (optional)
  
Add photo of Cleveland Community College Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Randolph County Senior Adults Association Inc in Asheboro, NC
**
Hope For Tomorrow Als Foundation in Greensboro, NC
*****
North Carolina Rottweiler Rescue in Raleigh, NC
**
Nc Childrens Victim Center in Raleigh, NC
*•
Faith Ministry Inc in Greensboro, NC
The Eddie And Jo Allison Smith Family Foundation Inc in Greenville, NC
*****
North Carolina Beach Buggy Association Inc in Nags Head, NC
*
Outer Banks Preservation Association Inc in Buxton, NC
*
Fire International Inc in Concord, NC
*
Streetdog Foundation Inc in Memphis, TN
*
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1College Of Central Florida Foundation Inc3001 Sw College Rd, Ocala, FL 34474-4415FL1964-10$60,928,137
2Monroe Community College Assn Inc1000 E Henrietta Rd, Rochester, NY 14623-5701NY1963-03$23,835,853
3North Harris Montgomery Community College District Foundation, Lone Star College Foundation5000 Research Frst Dr, The Woodlands, TX 77381-4356TX1991-06$10,641,804
4Abraham Baldwin Agricultural College Foundation IncAbac 13 2802 Moore Highway, Tifton, GA 31793GA1968-03$5,711,005
5Montgomery College Foundation Inc40 W Gude Dr Ste 220, Rockville, MD 20850-1194MD1983-01$5,203,633
6Southeast Community College Educational Fdn301 S 68th Street Pl, Lincoln, NE 68510-2449NE1975-10$4,570,920
7Grayson County College Foundation Inc6101 Grayson Dr, Denison, TX 75020-8238TX1992-09$3,977,242
8Middle Georgia College Foundation Inc1100 2nd St Se, Cochran, GA 31014-1564GA1974-07$3,910,527
9Barton County Junior College Endowment Association245 Ne 30 Rd, Great Bend, KS 67530-9251KS1968-01$3,617,817
10Cleveland Community College Inc137 S Post Rd, Shelby, NC 28152-6224NC1985-09$561,666
11Rockingham Community College Foundation IncPO BOX 38, Wentworth, NC 27375-0038NC1974-03$7,555,647
12Blue Ridge Community College Education Foundation Inc180 W Campus Dr, Flat Rock, NC 28731-4728NC1975-12$4,962,545
13Durham Technical Community College Foundation Inc1637 E Lawson St, Durham, NC 27703-5023NC1984-09$1,051,363
14Craven Community College Foundation800 College Ct, New Bern, NC 28562-4900NC1977-03$739,543
15Lenoir Community College Foundation IncPO BOX 188, Kinston, NC 28502-0188NC1974-03$574,743
16Haywood Community College Foundation Incorporated185 Freedlander Dr, Clyde, NC 28721-9441NC1975-11$428,977
17Coastal Carolina Community College Foundation Inc444 Western Blvd, Jacksonville, NC 28546-6816NC1971-06$364,381
18James Sprunt Foundation IncPO BOX 398, Kenansville, NC 28349-0398NC1988-02$210,295
19Richmond Community College Foundation IncPO BOX 1189, Hamlet, NC 28345-1189NC1983-10$209,488
20Piedmont Community College Foundation IncPO BOX 1101, Roxboro, NC 27573-1101NC1979-11$180,721
Number of organizations performing similar types of work
Alabama4
Arkansas2
Arizona2
California14
Colorado2
Connecticut1
Florida2
Georgia3
Iowa11
Illinois8
Kansas10
Kentucky2
Louisiana1
Massachusetts4
Maryland9
Michigan11
Minnesota5
Missouri2
Mississippi3
North Carolina22
Nebraska4
New Jersey6
New Mexico1
Nevada1
New York29
Ohio1
Oklahoma3
Oregon4
Pennsylvania7
Rhode Island1
South Carolina1
Tennessee3
Texas5
Utah2
Virginia5
Washington10
Wisconsin2
Total203

faqs.org is not associated with, endorsed by, or sponsored by Cleveland Community College Inc and has no official or unofficial affiliation with Cleveland Community College Inc