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Nonprofiteer
← COMMUNITY FOUNDATION FOR THE LAND OF LINCOLN INC

Form 990 for tax year 2022

Filed by COMMUNITY FOUNDATION FOR THE LAND OF LINCOLN INC.

Totals

Total revenue
$5,565,373
Total expenses
$4,354,174
Contributions and grants received
$10,373,412
Grants paid
$3,010,154
Program service revenue
$62,875
Investment income
-$4,918,613
Other revenue
$47,699
Total assets, end of year
$63,880,076
Total liabilities, end of year
$6,945,623
Net assets or fund balances, end of year
$56,934,453
Program services expenses (Part IX)
$3,705,706
Management and general expenses
$411,983
Fundraising expenses
$236,485
Program service expenses (Part III)
$3,705,706

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $139,650

  • 1f · All other contributions, gifts and grants

    $10,233,762

  • 1g · Noncash contributions included above

    $49,949

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $62,875 · related or exempt $62,875

  • 3 · Investment income

    total $1,174,809 · related or exempt $1,174,809

  • 5 · Royalties

    total $101,112 · related or exempt $101,112

  • 7a · Gross sales of assets other than inventory

    securities $27,604,678

  • 7b · Less cost or other basis and sales expenses

    securities $33,698,100

  • 7c · Gain or loss

    securities -$6,093,422

  • 7d · Net gain or loss

    total -$6,093,422 · related or exempt -$6,093,422

  • 8a · Fundraising events: gross income

    $18,800

  • 8a · Fundraising events: contributions included on line 1c

    $139,650

  • 8b · Fundraising events: direct expenses

    $72,214

  • 8c · Net income from fundraising events

    total -$53,414 · excluded -$53,414

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $1 · related or exempt $1

  • 11e · Other revenue, total

    $1

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,790,927 · program services $2,790,927

  • 2 · Grants to domestic individuals

    total $219,227 · program services $219,227

  • 5 · Compensation of officers, directors and key employees

    total $437,689 · program services $212,617 · management and general $163,047 · fundraising $62,025

  • 7 · Other salaries and wages

    total $149,147 · program services $17,363 · management and general $53,377 · fundraising $78,407

  • 8 · Pension plan contributions

    total $12,734 · program services $3,156 · management and general $4,664 · fundraising $4,914

  • 9 · Other employee benefits

    total $112,430 · program services $45,896 · management and general $41,496 · fundraising $25,038

  • 10 · Payroll taxes

    total $40,685 · program services $15,944 · management and general $15,005 · fundraising $9,736

  • 11b · Fees: legal

    total $1,243 · management and general $1,243

  • 11c · Fees: accounting

    total $18,650 · management and general $18,650

  • 11g · Fees: other

    total $29,955 · management and general $29,955

  • 12 · Advertising and promotion

    total $13,221 · program services $6,611 · management and general $3,966 · fundraising $2,644

  • 13 · Office expenses

    total $12,369 · program services $7,340 · management and general $3,017 · fundraising $2,012

  • 14 · Information technology

    total $75,069 · program services $37,534 · management and general $22,521 · fundraising $15,014

  • 16 · Occupancy

    total $39,489 · program services $19,744 · management and general $11,847 · fundraising $7,898

  • 17 · Travel

    total $8,624 · program services $4,312 · management and general $2,587 · fundraising $1,725

  • 19 · Conferences, conventions and meetings

    total $37,677 · program services $18,839 · management and general $11,303 · fundraising $7,535

  • 22 · Depreciation, depletion and amortization

    total $17,826 · program services $8,913 · management and general $5,348 · fundraising $3,565

  • 23 · Insurance

    total $5,888 · program services $2,944 · management and general $1,766 · fundraising $1,178

  • 24a · Other expenses: FIDUCIARY & BANKING

    total $259,665 · program services $259,665

  • 24b · Other expenses: PRINTING & PUBLICATION

    total $21,357 · program services $10,679 · management and general $6,407 · fundraising $4,271

  • 24c · Other expenses: TELEPHONE

    total $9,795 · program services $4,898 · management and general $2,938 · fundraising $1,959

  • 24d · Other expenses: POSTAGE & DELIVERY

    total $11,194 · program services $5,596 · management and general $3,359 · fundraising $2,239

  • 24e · All other expenses

    total $29,313 · program services $13,501 · management and general $9,487 · fundraising $6,325

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,701,765 · end of year $5,779,548

  • 3 · Pledges and grants receivable

    beginning of year $719,157 · end of year $2,137,728

  • 7 · Other notes and loans receivable

    beginning of year $1,038,196 · end of year $850,886

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,134 · end of year $25,236

  • 10a · Land, buildings and equipment: cost or other basis

    $102,582

  • 10b · Land, buildings and equipment: accumulated depreciation

    $71,196

  • 10c · Land, buildings and equipment, net

    beginning of year $30,789 · end of year $31,386

  • 11 · Investments: publicly traded securities

    beginning of year $51,374,486 · end of year $46,736,917

  • 12 · Investments: other securities

    beginning of year $6,914,938 · end of year $8,318,375

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,209 · end of year $11,775

  • 18 · Grants payable

    beginning of year $630,700 · end of year $275,600

  • 25 · Other liabilities

    beginning of year $6,801,045 · end of year $6,658,248

  • 27 · Net assets without donor restrictions

    beginning of year $2,112,848 · end of year $3,131,963

  • 28 · Net assets with donor restrictions

    beginning of year $53,244,663 · end of year $53,802,490

Mission and programs · 2022

Mission

COMMUNITY FOUNDATION FOR THE LAND OF LINCOLN CONNECTS PEOPLE WHO CARE WITH CAUSES THAT MATTER.

  • CFLL MANAGES OVER 300 FUNDS ESTABLISHED FOR CHARITABLE PURPOSES. MANAGEMENT OF THE INVESTMENTS INCLUDES PRUDENT INVESTMENT DECISION MAKING AND THE ESTABLISHMENT OF A SPENDING POLICY CONSISTENT WITH THE INTENTIONS OF DONORS. CFLL IS OPERATED FOR THE PUBLIC BENEFIT AND ENDEAVORS TO ADMINISTER AND DISTRIBUTE PHILANTHROPIC FUNDS FOR THE BENEFIT OF SEVERAL ILLINOIS COUNTIES.

    Expenses $3,705,706

As filed on the 2022 return.

Listed in Part VII

  • John G Stremsterfer

    PRESIDENT & CEO

    Total calculated
    $200,701
    From this org
    $172,197
    From related orgs
    $0
    Other
    $28,504
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $172,197
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,205
    Nontaxable benefits
    $19,299
    Filer's total
    $200,701

  • Stacey Reed

    VP OF PROGRAMS & MARKETING

    Total calculated
    $119,167
    From this org
    $102,778
    From related orgs
    $0
    Other
    $16,389
    Hours/week
    50

  • Betsy Weidner

    VP OF ACCOUNTING & FINANCE

    Total calculated
    $117,821
    From this org
    $92,708
    From related orgs
    $0
    Other
    $25,113
    Hours/week
    50

  • Jen Dejong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Mark Staley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Sammie Mander

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Steve Etheride

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Kenyatta Revelle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Bruce Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Kent Massie

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Tricia Nelson Becker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Wendi El-Amin

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Allen Grosboll

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Jane Denes

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Cynthia Lamar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Approval by the board or compensation committee

Answered no

  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
30 June 2023
IRS schema version
2022v5.0
Source object
202312169349301421

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