2025-11-13T12:47:19+00:00 2025-06-30 440160260 Forvis Mazars LLP 225 N Water St Suite 400 Decatur IL 62523 990 2024-07-01 237025130 PARKLAND COLLEGE FOUNDATION PARK 2173512458 2400 WEST BRADLEY AVENUE CHAMPAIGN IL 61821 DANIELLE WILBERG EXECUTIVE DIRECTOR 2025-11-13 true DEBORAH A WATTS P01559216 2174292411 2025-11-13 2024 2025-03-06 01:10:19Z DANIELLE WILBERG 2400 WEST BRADLEY AVENUE CHAMPAIGN IL 61821 3530215 false X N/A X 1969 IL THE PARKLAND COLLEGE FOUNDATION GENERATED FUNDS TO AWARD SCHOLARSHIPS, FINANCE ECONOMIC DEVELOPMENT PROGRAMS, AND CONTRIBUTE TO THE OVERALL QUALITY OF LIFE IN EAST CENTRAL ILLINOIS. 17 17 0 39 0 2190051 2936443 0 485454 530881 109417 -5769 2784922 3461555 2830553 1814986 0 224485 239850 0 173607 73983 81130 3129021 2135966 -344099 1325589 19904662 20812781 2116877 117763 17787785 20695018 THE PARKLAND COLLEGE FOUNDATION GENERATED FUNDS TO AWARD SCHOLARSHIPS, FINANCE ECONOMIC DEVELOPMENT PROGRAMS, AND CONTRIBUTE TO THE OVERALL QUALITY OF LIFE IN EAST CENTRAL ILLINOIS. false false 1836695 1814986 SCHOLARSHIPS FOR PARKLAND COLLEGE STUDENTS AND TO SUPPORT THE EDUCATION MISSION OF PARKLAND COLLEGE. 1836695 true true false false false false false false false true true false false false true false true false false false false false false false true false false true true true false false false false false false false false false false true false false false false false false false false false true 0 0 0 false false false false false true true false false false true false false false X 17 17 false false false false true true false true true false false false true true true true true true true false false false IL X NIKI OLMO 2173512513 2400 WEST BRADLEY AVENUE CHAMPAIGN IL 61821 X DANIELLE WILBERG EXECUTIVE DIRECTOR 40.0 X X 0 0 0 DIANE MICHAELS VICE PRESIDENT 1.0 X X 0 0 0 JOSEPH CHAMLEY SECRETARY 1.0 X X 0 0 0 ROB SCHMITT TREASURER 1.0 X X 0 0 0 RON BENSYL PRESIDENT 1.0 X X 0 0 0 TRACY WAHLFELDT EXECUTIVE DIRECTOR 40.0 X X 165793 0 30112 CAROLYN RAGSDALE DIRECTOR 1.0 X 0 0 0 CARTER BILLINGSLEY DIRECTOR 1.0 X 0 0 0 ERIC SARFF DIRECTOR 1.0 X 0 0 0 JULIE SHAPLAND DIRECTOR 1.0 X 0 0 0 KELLY DUITSMAN-HUNT DIRECTOR 1.0 X 0 0 0 LISA SAPPENFIELD-BOYER DIRECTOR 1.0 X 0 0 0 MATT KELLY DIRECTOR 1.0 X 0 0 0 MIKE BLEICH DIRECTOR 1.0 X 0 0 0 NICK STOKES DIRECTOR 1.0 X 0 0 0 PATRICIA JOHNSON DIRECTOR 1.0 X 0 0 0 RHONDA LITTLEFIELD DIRECTOR 1.0 X 0 0 0 SHARON ALLEN DIRECTOR 1.0 X 0 0 0 TOMMY BLACK DIRECTOR 1.0 X 0 0 0 165793 0 30112 1 false true false 0 146760 2789683 28106 2936443 0 0 0 0 0 530696 530696 0 0 34991 34806 185 0 185 185 28085 146760 33854 -5769 -5769 0 0 0 0 0 3461555 0 0 525112 1271290 1271290 543696 543696 153016 76508 76508 86834 21709 21709 43416 213 213 18210 18210 0 0 0 0 1749 1749 18763 18763 MATERIALS & SUPPLIES 28827 28827 CONTRACTUAL SERVICES 9237 9237 FUNDRAISING EXPENSES 4131 4131 0 0 0 0 2135966 1836695 125664 173607 2509281 444336 10500 10000 0 0 0 0 48317 48317 0 0 17116025 20050806 0 0 268856 307639 19904662 20812781 2090136 102243 0 0 26741 15520 2116877 117763 684983 1134231 17102802 19560787 17787785 20695018 19904662 20812781 1325589 1581644 0 X false true true false X 3232412 1708148 2913368 2169013 2936443 12959384 0 0 3232412 1708148 2913368 2169013 2936443 12959384 4929431 8029953 204855 228462 324295 475658 530696 1763966 0 0 0 0 0 0 0 14723350 0 0.54539 0.58980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17059121 927344 2082549 18210 20050804 14803139 182395 2088797 15210 17059121 13205909 351401 1259291 13462 14803139 13356331 1759288 -1895932 13778 13205909 9358258 2030488 1978475 10890 13356331 0.05 0.32 0.63 false false 48317 48317 0 0 Federal Income Taxes Accrued Vacation Payable 15520 15520 5871348 1581644 217601 628758 2428003 3443345 18210 0 18210 3461555 2964115 217601 628758 846359 2117756 18210 0 18210 2135966 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS WILL BE USED PRIMARILY TO PROVIDE SCHOLARSHIPS TO STUDENTS ATTENDING PARKLAND COLLEGE. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 ANNUAL LEASE VALUE OF AGRICULTURAL EQUIPMENT - 600300 SPECIAL EVENT EXPENSE - 28458 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 ANNUAL LEASE VALUE OF AGRICULTURAL EQUIPMENT - 600300 SPECIAL EVENT EXPENSE - 28458 CREATING IMPACT 70931 65731 5200 5200 24 BANQUET 55100 40850 14250 14250 5015 2 48814 40179 8635 8635 730 174845 146760 28085 28085 5769 33854 -5769 true PARKLAND COLLEGE 2400 WEST BRADLEY AVE CHAMPAIGN IL 61821 370892090 IL COM CLGE DIST 505 1247615 623975 FMV AGRICULTURAL EQUIPMENT TO FURTHER THE MISSION OF PARKLAND COLLEGE 1 SCHOLARSHIPS 566 543696 Schedule I, Part I, Line 2 STUDENTS APPLY FOR SCHOLARSHIPS VIA AN APPLICATION PROCESS. THE APPLICATIONS ARE MATCHED TO AVAILABLE SCHOLARSHIPS BASED ON THE CRITERIA ESTABLISHED BY THE DONORS. APPLICANTS ARE REVIEWED AND SCORED BASED ON SEVERAL FACTORS AND ARE THEN AWARDED. FUNDS FOR INSTITUTIONAL NEEDS FOLLOW A PROCESS THAT INCLUDES REVIEW AND APPROVAL BY THE FUNCTIONAL AREA DEAN, FUNCTIONAL AREA VICE-PRESIDENT AND THE EXECUTIVE DIRECTOR OF THE FOUNDATION. ACTUAL EXPENSES ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds STUDENTS APPLY FOR SCHOLARSHIPS VIA AN APPLICATION PROCESS. THE APPLICATIONS ARE MATCHED TO AVAILABLE SCHOLARSHIPS BASED ON THE CRITERIA ESTABLISHED BY THE DONORS. APPLICANTS ARE REVIEWED AND SCORED BASED ON SEVERAL FACTORS AND ARE THEN AWARDED. FUNDS FOR INSTITUTIONAL NEEDS FOLLOW A PROCESS THAT INCLUDES REVIEW AND APPROVAL BY THE FUNCTIONAL AREA DEAN, FUNCTIONAL AREA VICE PRESIDENT AND THE EXECUTIVE DIRECTOR OF THE FOUNDATION. ACTUAL EXPENSES ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION. false false false false false false false false false TRACY WAHLFELDT EXECUTIVE DIRECTOR 164518 0 0 0 1275 0 0 0 30112 0 195905 0 0 0 Schedule J, Part I, Line 3 THE EXECUTIVE DIRECTOR'S SALARY IS APPROVED BY THE FOUNDATION BOARD AND BOARD OF TRUSTEES OF PARKLAND COLLEGE. PARKLAND COLLEGE PAYS THE EXECUTIVE DIRECTOR'S SALARY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY PARKLAND COLLEGE'S SALARY GRADE/RANGE SYSTEM. ANNUAL INCREASES ARE BASED ON WHAT OTHER UNIONS WITH THE COLLEGE NEGOTIATE. 2 15000 Market value X CREATING IMPACT FUND 1 2714 Market value X SUPPLIES 12 10392 Market value false true false Form 990, Part VI, Line 6 Classes of members or stockholders PARKLAND COLLEGE MEETS THE DEFINITION OF MEMBER UNDER IRS GUIDANCE AS THEY CAN APPOINT TWO BOARD MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PARKLAND COLLEGE MEETS THE DEFINITION OF MEMBER UNDER IRS GUIDANCE AS THEY CAN APPOINT TWO BOARD MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body A COPY OF THE FORM 990 IS PROVIDED TO THE FOUNDATION BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. THE BOARD WILL BE ASKED TO REVIEW AND TO CONTACT THE FOUNDATION WITH ANY QUESTIONS OR CONCERNS WITHIN SEVEN WORKING DAYS. THE TREASURER AND THE FOUNDATION EXECUTIVE DIRECTOR ALSO REVIEW THE FORM 990 PRIOR TO SIGNING THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REQUIRES THAT ALL EMPLOYEES DISCLOSE ALL CONFLICTS OF INTEREST AND SIGN AN AGREEMENT ON AN ANNUAL BASIS. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS APPROVES ANNUAL COMPENSATION. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY PARKLAND COLLEGE'S SALARY GRADE/RANGE SYSTEM. ANNUAL INCREASES ARE BASED ON WHAT OTHER UNIONS WITH THE COLLEGE NEGOTIATE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES ANNUAL COMPENSATION. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY PARKLAND COLLEGE'S SALARY GRADE/RANGE SYSTEM. ANNUAL INCREASES ARE BASED ON WHAT OTHER UNIONS WITH THE COLLEGE NEGOTIATE. FORM 990, PART VII ALL SALARIES ARE PAID BY PARKLAND COLLEGE. PARKLAND COLLEGE PROVIDED DONATED SERVICES TO THE FOUNDATION CONSISTING OF SALARIES, BENEFITS, UTILITIES, AND MATERIALS. FORM 990, PART V, LINE 2A AND PART IX, LINES 5-7 PARKLAND COLLEGE FILES ALL W-2S ON BEHALF OF THE ORGANIZATION AND THE AMOUNTS SHOWING ON PART IX LINES 5-7 ARE REPRESENTATIVE OF THE REIMBURSED COSTS OF TIME SPENT BY THE COLLEGE EMPLOYEES ON THE ORGANIZATION'S ACTIVITIES.