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Nonprofit · EIN 55-0777066

INDEPENDENT COLLEGE ENTERPRISE INC

Tax-exempt · CHARLESTON, WV 25304

Financials

$2.6M$2.2M2022
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT COLLEGE ENTERPRISE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$2,643,026$2,193,429$449,597$2,780,337$94,092$2,686,245
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,613,432
Investment income
$29,594
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$162,582
Other salaries and wages
$387,064
Salaries, compensation and benefits (total)
$643,016
Professional fundraising fees
$0
Legal fees
$9,203
Accounting fees
$42,450
Travel
$3,386
Depreciation
$649
Program services (functional)
$1,761,993
Management and general (functional)
$431,436

Balance sheet and other

Total assets, start of year
$2,519,089
Total assets, end of year
$2,780,337
Total liabilities, end of year
$94,092
Net assets, end of year
$2,686,245
Land, buildings and equipment
$1,354
Net assets without donor restrictions
$2,686,245
Gross receipts
$2,643,026
Employees
0
Volunteers
9
Year formed
2001
State of legal domicile
WV

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, 2023, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SHELLEY NASONCEO - PART YEAR
Officer
40$75,854$7,165
LARRY KAMONSCEO - PART YEAR
Officer
40$55,121$7,866
CHRIS WOODCHAIR
Trustee or director, Officer
2$0$0
DR MARTIN S ROTHPRESIDENT
Trustee or director, Officer
2$0$0
JAMES MOORESECRETARY
Trustee or director, Officer
2$0$0
CLETA HARLESSTREASURER
Trustee or director, Officer
2$0$0
JAMIE CARIDIDIRECTOR
Trustee or director
2$0$0
CYNTHIA WARRICKDIRECTOR
Trustee or director
2$0$0
BRIAN RALPHDIRECTOR
Trustee or director
2$0$0
SCOTT HUMMELDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2300 MACCORKLE AVE SE, CHARLESTON, WV 25304-1045
In care of
% UNIVERSITY OF CHARLESTON
Principal officer (990 for 2022)
CLETA HARLESS, 2300 MACCORKLE AVENUE SE, CHARLESTON, WV 25304
Signed the 990
CLETA HARLESS, TREASURER
Phone
(304) 340-3720
Return prepared by
SUTTLE & STALNAKER PLLC

Mission

THE GOAL OF THE INDEPENDENT COLLEGE ENTERPRISE IS TO PROVIDE A BASIS FOR COLLABORATION AMONG ITS MEMBER SCHOOLS, BOTH IN THE SHARING OF INFORMATION TECHNOLOGY RESOURCES AND IN THE CONSOLIDATION OF OPERATING FUNCTIONS WHERE PRACTICAL.

990 for the year ended June 30, 2023

Program accomplishments

  • MAINTENANCE ON DATA PROCESSING HARDWARE AND SOFTWARE USED FOR HIGHER EDUCATION
    Expenses $1,673,812 · revenue $2,482,639
  • TELEPHONE LINE CONNECTION WITH DATA PROCESSING SYSTEM
    Expenses $80,108 · revenue $118,819
  • TRAINING ON THE USE OF DATA PROCESSING HARDWARE AND SOFTWARE
    Expenses $8,073 · revenue $11,974

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
55-0777066
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$2,780,337
Income (IRS master file)
$2,643,026

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$2,643,026$2,193,429$2,780,337XML
990June 2022$2,557,380$2,205,292$2,519,089IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 55-0777066).

Questions about INDEPENDENT COLLEGE ENTERPRISE INC

What is the EIN of INDEPENDENT COLLEGE ENTERPRISE INC?
The employer identification number (EIN) of INDEPENDENT COLLEGE ENTERPRISE INC is 55-0777066.
Is INDEPENDENT COLLEGE ENTERPRISE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to INDEPENDENT COLLEGE ENTERPRISE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does INDEPENDENT COLLEGE ENTERPRISE INC 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 INDEPENDENT COLLEGE ENTERPRISE INC 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 INDEPENDENT COLLEGE ENTERPRISE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of INDEPENDENT COLLEGE ENTERPRISE INC?
The 990 for the year ended June 30, 2023 names CLETA HARLESS.
Who are the officers and directors of INDEPENDENT COLLEGE ENTERPRISE INC?
The 990 for the year ended June 30, 2023 lists 10 people; 2 received compensation from the organization, the highest $75,854 (SHELLEY NASON, CEO - PART YEAR).
How much revenue does INDEPENDENT COLLEGE ENTERPRISE INC have?
On its 990 for the year ended June 30, 2023 it reported revenue of $2,643,026, expenses of $2,193,429 and total assets of $2,780,337 at year end.

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