Form 990 for tax year 2022
Filed by FIRST COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $1,474,999
- Total expenses
- $1,188,444
- Contributions and grants received
- $1,057,825
- Grants paid
- $1,059,207
- Program service revenue
- $0
- Investment income
- $417,174
- Other revenue
- $0
- Total assets, end of year
- $9,547,086
- Total liabilities, end of year
- $527,853
- Net assets or fund balances, end of year
- $9,019,233
- Program services expenses (Part IX)
- $1,059,207
- Management and general expenses
- $129,237
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,059,207
Program services were 89.1% 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.
-
1d · Related organizations
$350,000
-
1f · All other contributions, gifts and grants
$707,825
-
3 · Investment income
total $217,678 · excluded $217,678
-
7a · Gross sales of assets other than inventory
securities $1,646,763
-
7b · Less cost or other basis and sales expenses
securities $1,447,267
-
7c · Gain or loss
securities $199,496
-
7d · Net gain or loss
total $199,496 · related or exempt $199,496
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $767,207 · program services $767,207
-
3 · Grants to foreign organizations and individuals
total $292,000 · program services $292,000
-
7 · Other salaries and wages
total $23,031 · management and general $23,031
-
9 · Other employee benefits
total $135 · management and general $135
-
10 · Payroll taxes
total $1,800 · management and general $1,800
-
11a · Fees: management
total $30,000 · management and general $30,000
-
11c · Fees: accounting
total $18,900 · management and general $18,900
-
11f · Fees: investment management
total $49,951 · management and general $49,951
-
13 · Office expenses
total $1,675 · management and general $1,675
-
14 · Information technology
total $1,062 · management and general $1,062
-
23 · Insurance
total $2,500 · management and general $2,500
-
24a · Other expenses: OTHER
total $150 · management and general $150
-
24b · Other expenses: BANK FEES
total $33 · management and general $33
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,000,667 · end of year $248,991
-
3 · Pledges and grants receivable
beginning of year $1,935 · end of year $5,980
-
4 · Accounts receivable
beginning of year $26,240 · end of year $26,456
-
11 · Investments: publicly traded securities
beginning of year $9,523,082 · end of year $9,265,659
-
17 · Accounts payable and accrued expenses
beginning of year $7,538 · end of year $30,791
-
18 · Grants payable
beginning of year $174,544 · end of year $497,062
-
27 · Net assets without donor restrictions
beginning of year $710,961 · end of year $735,653
-
28 · Net assets with donor restrictions
beginning of year $9,658,881 · end of year $8,283,580
Mission and programs · 2022
Mission
FIRST COMMUNITY FOUNDATION IS A TAX-EXEMPT, NON-PROFIT ORGANIZATION CREATED FOR THE PERPETUAL SUPPORT AND ENHANCEMENT OF THE MINISTRIES AND MISSIONS OF FIRST COMMUNITY CHURCH.
-
FIRST COMMUNITY FOUNDATION'S MISSION IS TO SUPPORT THE MINISTRIES, MISSIONS, PROGRAMS, AND FACILITIES OF THE FIRST COMMUNITY CHURCH. GRANTS INCLUDE SUPPORT OF A SCHOOL AND ORPHANAGE AND SUPPORT OF THE FIRST COMMUNITY CHURCH PROGRAMS AND FACILITIES, INCLUDING ITS CAMP, CAMP AKITA.
Expenses $1,059,207 · Grants $1,059,207
As filed on the 2022 return.
Listed in Part VII
-
Katherine TuckerKATHERINE TUCKER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Greg DupontGREG DUPONT
CHAIR, INVESTMENT COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ralph GriffithRALPH GRIFFITH
CHAIR, GOVERNANCE COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Cindi KlamarCINDI KLAMAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Katie OcasioKATIE OCASIO
CHAIR, DEVELOPMENT COMMITT
- Total calculated
- $0
- Hours/week
- 2
-
Darian TorranceDARIAN TORRANCE
CHAIR, GRANTS COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brad GriffithBRAD GRIFFITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David NickelDAVID NICKEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Nancy RummelNANCY RUMMEL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Chuck WebbCHUCK WEBB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tim GlasserTIM GLASSER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Leslie JunkLESLIE JUNK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Clare LongCLARE LONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Paul R AndersonPAUL R ANDERSON
EXECUTIVE DIRECTOR (1/1 - 3/31)
- Total calculated
- $39,081
- From this org
- $0
- From related orgs
- $37,250
- Other
- $1,831
- Hours/week
- 5 + 35 related
-
Tim VansantTIM VANSANT
INTERIM EXECUTIVE DIRECTOR (4/1 - 6/30)
- Total calculated
- $59,943
- From this org
- $0
- From related orgs
- $59,943
- Other
- $0
- Hours/week
- 5 + 35 related
-
Robert Seth StearnsROBERT SETH STEARNS
EXECUTIVE DIRECTOR (07/01 - 12/31
- Total calculated
- $45,052
- From this org
- $0
- From related orgs
- $44,283
- Other
- $769
- Hours/week
- 5 + 35 related
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
-
$687,361
GENERAL SUPPORT
-
$56,461
GENERAL SUPPORT
-
$15,000
SCHOLARSHIP
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.
-
FIRST COMMUNITY CHURCH
501(C)(3) · WORSHIP · OH
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302919349302105
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.