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Nonprofiteer
← VALLEY COUNTY COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by VALLEY COUNTY COMMUNITY FOUNDATION INC.

Totals

Total revenue
$52,401
Total expenses
$99,607
Contributions and grants received
$52,243
Grants paid
$97,249
Program service revenue
$0
Investment income
$158
Other revenue
$0
Total assets, end of year
$1,452,096
Total liabilities, end of year
$200,922
Net assets or fund balances, end of year
$1,251,174
Program services expenses (Part IX)
$97,249
Management and general expenses
$2,358
Fundraising expenses
$0
Program service expenses (Part III)
$97,249

Program services were 97.6% 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

    $52,243

  • 3 · Investment income

    total $158 · related or exempt $158

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $82,574 · program services $82,574

  • 2 · Grants to domestic individuals

    total $14,675 · program services $14,675

  • 11c · Fees: accounting

    total $1,030 · management and general $1,030

  • 13 · Office expenses

    total $603 · management and general $603

  • 14 · Information technology

    total $385 · management and general $385

  • 24a · Other expenses: DUES, FEES, MISC

    total $340 · management and general $340

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $135,148 · end of year $139,383

  • 13 · Investments: program-related

    beginning of year $1,544,889 · end of year $1,312,713

  • 25 · Other liabilities

    beginning of year $243,982 · end of year $200,922

  • 27 · Net assets without donor restrictions

    beginning of year $7,960 · end of year $8,143

  • 28 · Net assets with donor restrictions

    beginning of year $1,428,095 · end of year $1,243,031

Mission and programs · 2022

Mission

TO EDUCATE THE COMMUNITY ON THE VALUE OF PHILANTHROPY AND TO FUND PROJECTS IN FIVE AREAS OF COMMON LIFE IN VALLEY COUNTY: ARTS AND CULTURE, BASIC HUMAN NEEDS, ECONOMIC DEVELOPMENT, EDUCATION, AND NATURAL RESOURCES AND CONSERVATION.

Activities or mission (Part I)

TO FUND WORTHY PROJECTS IN VALLEY COUNTY, MONTANA. TO INCLUDE LOCAL GOVERNMENT ENTITIES AND NON PROFITS WITH A 501(C)(3) DESIGNATION.

  • TO FUND WORTHY PROJECTS IN VALLEY COUNTY. VALLEY COUNTY COMMUNITY FOUNDATION IS THE BENEFICIARY OF AN AGENCY ENDOWMENT AT MONTANA COMMUNITY FOUNDATION AND RECEIVES, ANNUALLY, AN ENDOWMENT DISTRIBUTION TO SUPPORT OUR OPERATIONS. VALLEY COUNTY COMMUNITY FOUNDATION INVESTS CONTRIBUTIONS RECEIVED BY THE FOUNDATION AT MONTANA COMMUNITY FOUNDATION. IN 2022 THE AMOUNT INVESTED IN MONTANA COMMUNITY FOUNDATION IS IN THE AMOUNT OF $40,869 AND IS INCLUDED IN THE ABOVE AMOUNT.

    Expenses $82,574 · Grants $82,574

  • TO PROVIDE SCHOLARSHIPS TO STUDENTS FROM VALLEY COUNTY.

    Expenses $14,675 · Grants $14,675

As filed on the 2022 return.

Listed in Part VII

  • Darla Larson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Doris Leader

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jean Carlson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stacy Albus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Markle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Sanders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gary Wageman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Margareta Walstad

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sam Waters

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Greg Stordahl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Whitney Tatafu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • MONTANA COMMUNITY FOUNDATION

    $40,869

    CONTRIBUTIONS OF AN ENDOWMENT TO SUPPORT OUR OPERATIONS.

  • CITY OF GLASGOW

    $10,000

    FOR ENGINEERING COSTS FOR THE FUTURE SWIMMING POOL

  • HINSDALE SCHOOL

    $9,266

    MUSIC DEPARTMENT INSTRUMENTS AND RUBBERIZED COATING FOR BASKETBALL COURT

  • IRLE ELEMENTARY SCHOOL

    $7,475

    TO PURCHASE IPADS

  • ST MARIE FIRE DEPARTMENT

    $6,194

    FIRE EQUIPMENT PPG

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202333149349303558

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