Skip to content
Nonprofiteer
← PEORIA AREA COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by PEORIA AREA COMMUNITY FOUNDATION.

Totals

Total revenue
$6,813,471
Total expenses
$5,758,001
Contributions and grants received
$3,673,083
Grants paid
$4,877,853
Program service revenue
$300
Investment income
$3,121,434
Other revenue
$18,654
Total assets, end of year
$77,852,148
Total liabilities, end of year
$44,957,428
Net assets or fund balances, end of year
$32,894,720
Program services expenses (Part IX)
$5,241,382
Management and general expenses
$479,835
Fundraising expenses
$36,784
Program service expenses (Part III)
$5,241,382

Program services were 91.0% 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.

  • 1f · All other contributions, gifts and grants

    $3,673,083

  • 1g · Noncash contributions included above

    $867,072

  • 2a · Program service revenue: MANAGEMENT FEES

    total $300 · related or exempt $300

  • 3 · Investment income

    total $2,028,381 · excluded $2,028,381

  • 7a · Gross sales of assets other than inventory

    securities $5,567,339

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

    securities $4,474,286

  • 7c · Gain or loss

    securities $1,093,053

  • 7d · Net gain or loss

    total $1,093,053 · excluded $1,093,053

  • 11a · Other revenue: OTHER INCOME

    total $18,654 · related or exempt $18,654

  • 11e · Other revenue, total

    $18,654

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,389,785 · program services $4,389,785

  • 2 · Grants to domestic individuals

    total $488,068 · program services $488,068

  • 5 · Compensation of officers, directors and key employees

    total $146,363 · program services $36,544 · management and general $99,916 · fundraising $9,903

  • 7 · Other salaries and wages

    total $226,088 · program services $56,450 · management and general $154,341 · fundraising $15,297

  • 8 · Pension plan contributions

    total $5,196 · program services $1,297 · management and general $3,547 · fundraising $352

  • 9 · Other employee benefits

    total $23,839 · program services $5,953 · management and general $16,273 · fundraising $1,613

  • 10 · Payroll taxes

    total $25,223 · program services $6,298 · management and general $17,218 · fundraising $1,707

  • 11c · Fees: accounting

    total $35,562 · program services $1,778 · management and general $33,073 · fundraising $711

  • 11f · Fees: investment management

    total $61,332 · program services $61,332

  • 11g · Fees: other

    total $122,522 · program services $122,522

  • 12 · Advertising and promotion

    total $12,881 · program services $10,949 · management and general $257 · fundraising $1,675

  • 13 · Office expenses

    total $11,902 · program services $595 · management and general $10,712 · fundraising $595

  • 14 · Information technology

    total $56,849 · program services $17,055 · management and general $36,952 · fundraising $2,842

  • 16 · Occupancy

    total $25,384 · management and general $25,384

  • 19 · Conferences, conventions and meetings

    total $15,649 · program services $782 · management and general $14,085 · fundraising $782

  • 22 · Depreciation, depletion and amortization

    total $111 · management and general $111

  • 23 · Insurance

    total $7,133 · management and general $7,133

  • 24a · Other expenses: PROGRAM EXPENSES

    total $40,558 · program services $40,558

  • 24b · Other expenses: STRATEGIC PLANNING

    total $23,976 · program services $1,199 · management and general $21,578 · fundraising $1,199

  • 24c · Other expenses: MISCELLANEOUS

    total $19,254 · management and general $19,254

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $10,833 · program services $217 · management and general $10,508 · fundraising $108

  • 24e · All other expenses

    total $9,493 · management and general $9,493

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,955,124 · end of year $4,419,668

  • 3 · Pledges and grants receivable

    beginning of year $26,080 · end of year $3,116

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,495 · end of year $9,678

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

    $87,094

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

    $87,094

  • 10c · Land, buildings and equipment, net

    beginning of year $111 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $66,647,838 · end of year $73,151,738

  • 15 · Other assets

    beginning of year $248,411 · end of year $267,948

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,307 · end of year $104,748

  • 18 · Grants payable

    beginning of year $19,464 · end of year $445

  • 21 · Escrow or custodial account liability

    beginning of year $41,489,704 · end of year $44,852,235

  • 27 · Net assets without donor restrictions

    beginning of year $741,826 · end of year $735,431

  • 28 · Net assets with donor restrictions

    beginning of year $29,559,758 · end of year $32,159,289

Mission and programs · 2023

Mission

THE COMMUNITY FOUNDATION OF CENTRAL ILLINOIS WILL MAKE A SUSTAINABLE PHILANTHROPIC IMPACT IN OUR COMMUNITY THROUGH VISIBLE LEADERSHIP IN CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER.

Activities or mission (Part I)

THE COMMUNITY FOUNDATION OF CENTRAL ILLINOIS WILL MAKE A SUSTAINABLE PHILANTHROPIC IMPACT IN OUR COMMUNITY THROUGH VISIBLE LEADERSHIP IN CONNECTION PEOPLE WHO CARE WITH CAUSES THAT MATTER.

  • ADMINISTER GRANTS TO REQUESTING ORGANIZATIONS WHICH MEET THE FOUNDATIONS GUIDELINES THAT BENEFIT THE PRESENT AND FUTURE NEED OF CENTRAL ILLINOIS. THIS FISCAL YEAR THE FOUNDATION ISSUED GRANTS TOTALING $4,877,853. THIS INCLUDES $488,068 IN SCHOLARSHIPS TO 150 INDIVIDUALS.

    Expenses $5,241,382 · Grants $4,877,853 · Revenue $18,954

As filed on the 2023 return.

Listed in Part VII

  • Arthur Welch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Becky Mills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Wiest

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie Schifeling

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michelle Sanders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nora Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ron Givens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Beasley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shauna Musselman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Songo Dede

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stacy Peterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tammy Waterworth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tina Ramirez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Will Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Setti

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Lea Anne Miller

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Anne Fox

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Andrew Ryon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark Roberts

    PRESIDENT & CEO

    Total calculated
    $143,968
    From this org
    $119,335
    From related orgs
    $0
    Other
    $24,633
    Hours/week
    40

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
25 February 2025
IRS schema version
2023v6.0
Source object
202530649349301043

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.