Nonprofit · EIN 56-1993458
ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,481,522 | $2,116,000 | $365,522 | $17,350,085 | $89,563 | $17,260,522 |
| June 30, 2024 | 990 | $2,484,300 | $2,406,286 | $78,014 | $16,173,132 | $39,870 | $16,133,262 |
| June 30, 2023 | 990 | $1,985,844 | $1,758,870 | $226,974 | $15,990,740 | $19,520 | $15,971,220 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,944,647
- of which government grants
- $363,495
- Program service revenue
- $0
- Investment income
- $498,505
- Net gain from sales of assets
- $232,634
- Net income from fundraising events
- $36,637
- Other revenue
- $38,370
Expenses
- Grants and similar amounts paid
- $625,141
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,113
- Program services (functional)
- $1,960,514
- Management and general (functional)
- $147,864
- Fundraising (functional)
- $7,622
Balance sheet and other
- Total assets, start of year
- $16,173,132
- Total assets, end of year
- $17,350,085
- Total liabilities, end of year
- $89,563
- Net assets, end of year
- $17,260,522
- Net assets without donor restrictions
- $2,453,448
- Net assets with donor restrictions
- $14,807,074
- Gross receipts
- $2,493,680
- Employees
- 0
- Volunteers
- 58
- Year formed
- 1996
- State of legal domicile
- NC
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 | Other / benefits |
|---|---|---|---|---|---|
| JOHN GOSSETT | SECRETARY Trustee or director, Officer | 2 | $0 | $269,589 | $8,970 |
| MELISSA VALKO | TREASURER Trustee or director, Officer | 10 | $0 | $92,808 | $8,612 |
| AMANDA EDWARDS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $94,594 | $234 |
| DANIEL ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH BAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VICKI BANKS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| YOLANDA BOPP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRANDY BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL BRADSHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY CERRATO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNETTE COLEMAN | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MICHAEL CORTES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHELIA ELINGBURG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KRISTY ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARY FOSS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES FREDERICK | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD HURLEY | DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW KERN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL KRYZANEK | DIRECTOR Trustee or director | 1 | $0 |
| JANE MANEY | DIRECTOR Trustee or director | 1 | $0 |
| DAVID MCCARTNEY | DIRECTOR Trustee or director | 1 | $0 |
| ANITA METCALF | DIRECTOR Trustee or director | 1 | $0 |
| ROBIN RAMSEY | DIRECTOR Trustee or director | 1 | $0 |
| LARY SCHULHOF | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM SEDERBURG | TREASURER Trustee or director, Officer | 1 | $0 |
| O'NEAL SHELTON | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN SIZEMORE | DIRECTOR Trustee or director | 1 | $0 |
| RONALD STORTO | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY WHITSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN GOSSETT | SECRETARY Trustee or director, Officer | 2 | $0 | $258,897 | $13,554 |
| DIRK WILMOTH | TREASURER Trustee or director, Officer | 10 | $0 | $123,338 | $14,189 |
| AMANDA EDWARDS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $91,537 | $234 |
| DAN D ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH BAILEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VICKI BANKS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| YOLANDA BOPP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRANDY BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL BRADSHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANTHONY CERRATO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNETTE COLEMAN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SHELIA ELINGBURG | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KRISTY ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARY FOSS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLES FREDERICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD B HURLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| VIC ISLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MATT KERN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL KRYZANEK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JANE MANEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID MCCARTNEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANITA METCALF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TONY PALAZZO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEG RAGLAND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBIN RAMSEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARY SCHULHOF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM SEDERBURG | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ONEAL SHELTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN W SIZEMORE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RON STORTO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WHITNEY WHITSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| AMANDA EDWARDS | EXECUTIVE DI Officer | 40 | $0 | $89,639 |
| ZANE ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICKI BANKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YOLANDA BOPP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRANDY BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM BRAMLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE BRUMIT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY CERRATO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNETTE COLEMAN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHELIA ELINGBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTY ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY FOSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES FREDERICK | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GOSSETT | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DR WILLIAM HOFFMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD HURLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTORIA ISLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATT KERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL KYRZANEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCCARTNEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANITA METCALF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEVERLY MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY PALAZZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN RAGLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBIN RAMSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARY SCHULFHOF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM SEDERBURG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| O'NEAL SHELTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVEN SIZEMORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANN SKOGLUND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON STORTO | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| WHITNEY WHITSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIRK WILMOTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 340 VICTORIA RD, ASHEVILLE, NC 28801-4816
- In care of
- % THERESE MCHANNON
- Principal officer (990 for 2024)
- AMANDA EDWARDS, 340 VICTORIA ROAD, ASHEVILLE, NC 28801
- Signed the 990
- MELISSA VALKO, CFO/TREASURER
- Phone
- (828) 398-7176
- Return prepared by
- SHARPE PATEL CPA
Mission
TO SUPPORT ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE IN ALL OF ITS PROGRAMS AND ACTIVITIES, ENSURING THAT QUALITY EDUCATIONAL OPPORTUNITIES ARE AVAILABLE TO ITS STUDENTS, FACULTY, AND STAFF.
Program accomplishments
- THE FOUNDATION PROVIDES SUPPORT TO THE CAMPUS THROUGH FUNDING FOR CAPITAL PROJECTS, DEPARTMENTAL INITIATIVES, AND OTHER SPECIAL PROJECTS.Expenses $1,169,464 · revenue $1,733
- STUDENT SCHOLARSHIPS AND SUPPORT:THE FOUNDATION AWARDED CURRICULUM AND CONTINUING EDUCATION SCHOLARSHIPS TO HELP MEET THE INCREASING FINANCIAL NEED OF A-B TECH COMMUNITY COLLEGE STUDENTS. IN ADDITION, THE FOUNDATION ADMINISTERED A VARIETY OF GRANT-FUNDED PROJECTS ON BEHALF OF A-B TECH COMMUNITY COLLEGE.Expenses $638,716 · grants $472,806
- OTHER STUDENT SUPPORT:THE FOUNDATION RECOGNIZES THE GROWING EMERGENCY NEEDS OF COMMUNITY COLLEGE STUDENTS. IN PARTNERSHIP WITH OTHER GRANT FUNDERS, THE FOUNDATION CONTINUES TO PROVIDE FINANCIAL SUPPORT FOR EMERGENCY NEEDS SUCH AS TRANSPORTATION, MEDICAL EXPENSES, UTILITIES, UNIFORMS, TOOLS, AND TESTING FEES.Expenses $60,457 · grants $60,457
- Expenses $91,877 · grants $91,877
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
- 56-1993458
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $17,350,085
- Income (IRS master file)
- $2,493,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,481,522 | $2,116,000 | $17,350,085 | IRS |
| 990 | June 2024 | $2,484,300 | $2,406,286 | $16,173,132 | XML |
| 990 | June 2023 | $1,985,844 | $1,758,870 | $15,990,740 | XML |
| 990 | June 2022 | $1,977,639 | $1,241,022 | $15,076,753 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 56-1993458).
Questions about ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
- What is the EIN of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC?
- The employer identification number (EIN) of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC is 56-1993458.
- Is ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION 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 ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION 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 ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC 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 ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names AMANDA EDWARDS.
- Who are the officers and directors of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 29 people; 0 received compensation from the organization.
- How much revenue does ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,481,522, expenses of $2,116,000 and total assets of $17,350,085 at year end.
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