Nonprofit · EIN 41-1410445
INVER HILLS COMMUNITY COLLEGE FOUNDATION
Tax-exempt · INVER GROVE, MN 55076
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $506,050 | $364,809 | $141,241 | $3,817,599 | $14,189 | $3,803,410 |
| June 30, 2024 | 990 | $446,191 | $362,764 | $83,427 | $3,678,509 | $16,339 | $3,662,170 |
| June 30, 2023 | 990 | $562,128 | $304,142 | $257,986 | $3,499,172 | $0 | $3,499,172 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $264,587
- Program service revenue
- $0
- Investment income
- $241,463
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $326,914
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $26
- Accounting fees
- $3,206
- Travel
- $1,308
- Program services (functional)
- $336,600
- Management and general (functional)
- $18,320
- Fundraising (functional)
- $9,889
Balance sheet and other
- Total assets, start of year
- $3,678,509
- Total assets, end of year
- $3,817,599
- Total liabilities, end of year
- $14,189
- Net assets, end of year
- $3,803,410
- Net assets without donor restrictions
- $919,557
- Net assets with donor restrictions
- $2,883,853
- Gross receipts
- $506,050
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1978
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KIMBERLY SHAFF | EXECUTIVE DIRECTOR Officer | 20 | $0 | $101,184 |
| SUSAN LONG | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT ARMITAGE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AARON LUNDQUIST | FINANCE COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GERRY THOMAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PEGGY JOHNSON | DEVELOPMENT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| GRETA BJERKNESS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZAHNIA HARUT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW HOFFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAKE SEDLACEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL BERNDT | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
| ELAINA BLEIFIELD | EX-OFFICIO Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KIMBERLY SHAFF | EXECUTIVE DIRECTOR Officer | 20 | $0 | $128,091 |
| JAKE SEDLACEK | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT ARMITAGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE DOODY | DIRECTOR THROUGH JUNE '24 Trustee or director | 1 | $0 | $0 |
| SUSAN LONG | CHAIR Trustee or director | 1 | $0 | $0 |
| AARON LUNDQUIST | FINANCE COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PEGGY JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SONJA SIMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERRY THOMAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY SCHANUS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GRETA BJERKNESS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KIMBERLY SHAFF | EXECUTIVE DIRECTOR Officer | 20 | $0 | $119,863 |
| JAKE SEDLACEK | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANGELA AMANN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MORRIS ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT ARMITAGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE DOODY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN LONG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AARON LUNDQUIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PEGGY JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SONJA SIMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERRY THOMAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRENNA LOUFEK | DIRECTOR FROM OCTOBER '22 TO PRESENT Trustee or director | 1 | $0 | $0 |
| COURTNEY SCHANUS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2500 80TH ST E, INVER GROVE, MN 55076-3224
- Principal officer (990 for 2024)
- KIMBERLY SHAFF
- Signed the 990
- KIMBERLY SHAFF, FOUNDATION EXECUTIVE DIRECTOR
- Phone
- (651) 450-3512
- Return prepared by
- CASEY MENDEN FAUST & NELSON PA
Mission
THE INVER HILLS COMMUNITY COLLEGE FOUNDATION PROMOTES INVER HILLS COMMUNITY COLLEGE BY BUILDING PARTNERSHIPS WITH AREA HIGH SCHOOLS, BUSINESSES, COMMUNITY ORGANIZATIONS AND GOVERNMENT AGENCIES. WE BUILD CAPACITY BY SECURING FINANCIAL AND OTHER RESOURCES THAT FURTHER THE MISSION OF THE COLLEGE. WE ASSIST STUDENTS, FACULTY AND STAFF SEEKING EDUCATIONAL EXCELLENCE.
Program accomplishments
- SCHOLARSHIP AND PROGRAMMATIC SUPPORT: DURING THE YEAR THE FOUNDATION FUNDED SCHOLARSHIPS, EMERGENCY GRANTS, AND MANY PROGRAMMATIC AREAS FOR GENERAL EDUCATION FOR THE TRANSFER PURPOSES AND SPECIFIC ACADEMIC AREAS. THE SCHOLARSHIP CRITERIA SUPPORT DIFFERENT GOALS. SOME ARE USED TO ENCOURAGE STUDENTS TO PURSUE CERTAIN COURSES OF STUDY WHILE OTHERS ARE INTENDED TO PROVIDE AN INCENTIVE FOR STUDENTS TO PERSIST IN PURSUIT OF ACCOMPLISHING THEIR EDUCATIONAL GOALS. SCHOLARSHIPS ARE AWARDED ON THE BASIS OF ACADEMIC MERIT, CAREER GOALS, RECOMMENDATIONS, AND FINANCIAL NEEDS. PROGRAMMATIC FUNDS ARE USED TO SUPPORT NEEDS WITHIN THE COLLEGE TO FURTHER EDUCATIONAL OPPORTUNITIES.Expenses $336,600 · grants $326,914 · revenue $506,050
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1410445
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $3,817,599
- Income (IRS master file)
- $506,050
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $506,050 | $364,809 | $3,817,599 | XML |
| 990 | June 2024 | $446,191 | $362,764 | $3,678,509 | XML |
| 990 | June 2023 | $562,128 | $304,142 | $3,499,172 | XML |
| 990 | June 2022 | $246,969 | $285,365 | $3,324,127 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1410445).
Questions about INVER HILLS COMMUNITY COLLEGE FOUNDATION
- What is the EIN of INVER HILLS COMMUNITY COLLEGE FOUNDATION?
- The employer identification number (EIN) of INVER HILLS COMMUNITY COLLEGE FOUNDATION is 41-1410445.
- Is INVER HILLS COMMUNITY COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to INVER HILLS COMMUNITY COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INVER HILLS COMMUNITY COLLEGE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INVER HILLS COMMUNITY COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INVER HILLS COMMUNITY COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INVER HILLS COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names KIMBERLY SHAFF.
- Who are the officers and directors of INVER HILLS COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does INVER HILLS COMMUNITY COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $506,050, expenses of $364,809 and total assets of $3,817,599 at year end.
Other nonprofits in INVER GROVE
- INVER GROVE HEIGHTS B E S T FOUNDATION EIN 41-1672077 · last filed 990 for 2025
- SIMLEY HIGH SCHOOL GIRLS HOCKEY EIN 26-1294578 · last filed 990-EZ for 2026
- FRIENDS OF INVER GLEN LIBRARY EIN 41-1941275 · last filed 990 for 2025
- HELPING KIDS ACHIEVE THEIR GOALS EIN 41-2011963 · last filed 990-EZ for 2024
- SIMLEY HIGH SCHOOL SWIMMING AND DIVING BOOSTER CLUB EIN 77-0700471 · last filed 990-N for 2024
- INVER GROVE HEIGHTS EARLY LEARNING ADVISORY COUNCIL EIN 82-2350245 · last filed 990-N for 2024
- SALEM HILLS ELEMENTARY PTO EIN 82-5138922 · last filed 990-N for 2024
- SIGMA TAU OMEGA EIN 43-2096326 · last filed 990-N for 2025