Nonprofit · EIN 61-1274401
COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC
Tax-exempt · ASHLAND, KY 41101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,533,239 | $719,771 | $813,468 | $13,178,346 | $303,665 | $12,874,681 |
| June 30, 2024 | 990 | $432,079 | $684,912 | -$252,833 | $11,214,845 | $313,405 | $10,901,440 |
| June 30, 2023 | 990 | $500,483 | $756,291 | -$255,808 | $10,022,342 | $327,579 | $9,694,763 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,244,505
- Program service revenue
- $0
- Investment income
- $248,407
- Net rental income
- $22,800
- Net gain from sales of assets
- $85,179
- Other revenue
- $40,327
Expenses
- Grants and similar amounts paid
- $345,009
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,750
- Occupancy
- $75,915
- Depreciation
- $30,800
- Program services (functional)
- $581,218
- Management and general (functional)
- $138,553
Balance sheet and other
- Total assets, start of year
- $11,214,845
- Total assets, end of year
- $13,178,346
- Total liabilities, end of year
- $303,665
- Net assets, end of year
- $12,874,681
- Land, buildings and equipment
- $490,629
- Net assets without donor restrictions
- $33,405
- Net assets with donor restrictions
- $12,841,276
- Gross receipts
- $1,742,972
- Employees
- 0
- Volunteers
- 17
- Year formed
- 1994
- State of legal domicile
- KY
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 |
|---|---|---|---|
| JENNIFER ALLEN | ACTC STAFF R Trustee or director | – | $0 |
| ABBY BINGHAM | ACTC STUDENT Trustee or director | – | $0 |
| TERRY FYFFE | TREASURER Trustee or director, Officer | – | $0 |
| DR LARRY FERGUSON | DIRECTOR Trustee or director | – | $0 |
| MARY CAT FLATH | ACTC FACULTY Trustee or director | – | $0 |
| LORA GIPSON-KING | DIRECTOR Trustee or director | – | $0 |
| MICHAEL HOBBS | SECRETARY Trustee or director, Officer | – | $0 |
| ANDREW JONES | DIRECTOR Trustee or director | – | $0 |
| JOHN STEWART JR | PRESIDENT Trustee or director, Officer | – | $0 |
| CAROL KELLEY | DIRECTOR Trustee or director | – | $0 |
| LANCE MCCOMIS | DIRECTOR Trustee or director | – | $0 |
| PAMELA H POTTER | DIRECTOR Trustee or director | – | $0 |
| ANN PERKINS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| SCOTT RIGSBY | DIRECTOR Trustee or director | – | $0 |
| MARY KAY MCGINNIS RUARK | DIRECTOR Trustee or director | – | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE SHAFFER | DIRECTOR Trustee or director | – | $0 |
| KIM MINNEHAN | ADVANCEMENT Officer | – | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER ALLEN | ACTC STAFF R Trustee or director | – | $0 |
| TERRY FYFFE | TREASURER Trustee or director, Officer | – | $0 |
| DR LARRY FERGUSON | DIRECTOR Trustee or director | – | $0 |
| MARY CAT FLATH | ACTC FACULTY Trustee or director | – | $0 |
| MICHAEL HOBBS | SECRETARY Trustee or director, Officer | – | $0 |
| ANDREW JONES | DIRECTOR Trustee or director | – | $0 |
| JOHN STEWART JR | PRESIDENT Trustee or director, Officer | – | $0 |
| CAROL KELLEY | DIRECTOR Trustee or director | – | $0 |
| LANCE MCCOMIS | DIRECTOR Trustee or director | – | $0 |
| PAMELA H POTTER | DIRECTOR Trustee or director | – | $0 |
| ANN PERKINS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MARY KAY MCGINNIS RUARK | DIRECTOR Trustee or director | – | $0 |
| BROOKE SEASOR | DIRECTOR Trustee or director | – | $0 |
| BRUCE SHAFFER | DIRECTOR Trustee or director | – | $0 |
| KIM MINNEHAN | RESOURCE DEV Officer | – | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MILLIE DEBOARD | ACTC STUDENT Trustee or director | – | $0 |
| TERRY FYFFE | TREASURER Trustee or director, Officer | – | $0 |
| DR LARRY FERGUSON | DIRECTOR Trustee or director | – | $0 |
| MARY CAT FLATH | ACTC FACULTY Trustee or director | – | $0 |
| MICHAEL HOBBS | SECRETARY Trustee or director, Officer | – | $0 |
| ANDREW JONES | DIRECTOR Trustee or director | – | $0 |
| JOHN STEWART JR | PRESIDENT Trustee or director, Officer | – | $0 |
| CAROL KELLEY | DIRECTOR Trustee or director | – | $0 |
| LANCE MCCOMIS | DIRECTOR Trustee or director | – | $0 |
| PAMELA H POTTER | DIRECTOR Trustee or director | – | $0 |
| ANN PERKINS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MARY KAY MCGINNIS RUARK | DIRECTOR Trustee or director | – | $0 |
| BROOKE SEASOR | DIRECTOR Trustee or director | – | $0 |
| BRUCE SHAFFER | DIRECTOR Trustee or director | – | $0 |
| MEGAN SMEDLEY | ACTC STAFF R Trustee or director | – | $0 |
| STUART WEBB | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1400 COLLEGE DR, ASHLAND, KY 41101-3617
- In care of
- % KIM MINNEHAN
- Principal officer (990 for 2024)
- KIM MINNEHAN, 1400 COLLEGE DRIVE, ASHLAND, KY 41101
- Signed the 990
- KIM MINNEHAN, ADVANCEMENT ADMIN.
- Phone
- (606) 329-2999
- Return prepared by
- KELLEY GALLOWAY SMITH GOOLSBY PSC
Mission
THE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE EDUCATIONAL PROGRAMS AND SERVICES OF THE ASHLAND COMMUNITY AND TECHNICAL SOLLEGE AND TO PROMOTE AWARENESS OF THE COLLEGE FOR THE BENEFIT OF ITS STUDENT BODY AND ALUMNI.
Program accomplishments
- ASHLAND COMMUNITY AND TECHNICAL COLLEGE SCHOLARSHIPS AND SUPPORT OF EDUCATIONAL PROGRAMS.Expenses $581,218 · grants $345,009
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
- 61-1274401
- 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
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80Z)
- Assets (IRS master file)
- $13,178,346
- Income (IRS master file)
- $1,742,972
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,533,239 | $719,771 | $13,178,346 | XML |
| 990 | June 2024 | $432,079 | $684,912 | $11,214,845 | XML |
| 990 | June 2023 | $500,483 | $756,291 | $10,022,342 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 61-1274401).
Questions about COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC
- What is the EIN of COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC?
- The employer identification number (EIN) of COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC is 61-1274401.
- Is COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND 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 COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND 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 COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND 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 COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC?
- The 990 for the year ended June 30, 2025 names KIM MINNEHAN.
- Who are the officers and directors of COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,533,239, expenses of $719,771 and total assets of $13,178,346 at year end.
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