Totals
- Total revenue
- $62,812
- Total expenses
- $16,144
- Contributions and grants received
- $9,060
- Grants paid
- $2,100
- Program service revenue
- $0
- Investment income
- $53,752
- Other revenue
- $0
- Total assets, end of year
- $836,542
- Total liabilities, end of year
- $353,230
- Net assets or fund balances, end of year
- $483,312
- Program services expenses (Part IX)
- $2,100
- Management and general expenses
- $14,044
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,100
Program services were 13.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$9,060
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $13,664 · related or exempt $13,664 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $95,074 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $54,986 · other assets $0
-
7c · Gain or loss
securities $40,088 · other assets $0
-
7d · Net gain or loss
total $40,088 · related or exempt $40,088 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,100 · program services $2,100
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $2,686 · management and general $2,686
-
11g · Fees: other
total $166 · management and general $166
-
12 · Advertising and promotion
total $240 · management and general $240
-
13 · Office expenses
total $2,654 · management and general $2,654
-
14 · Information technology
total $1,499 · management and general $1,499
-
16 · Occupancy
total $2,785 · management and general $2,785
-
17 · Travel
total $298 · management and general $298
-
19 · Conferences, conventions and meetings
total $1,938 · management and general $1,938
-
22 · Depreciation, depletion and amortization
total $758 · management and general $758
-
23 · Insurance
total $1,000 · management and general $1,000
-
24e · All other expenses
total $20 · management and general $20
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $180,701 · end of year $176,802
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $0
-
8 · Inventories for sale or use
beginning of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $746,371 · end of year $659,740
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0
-
18 · Grants payable
beginning of year $0
-
19 · Deferred revenue
beginning of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0
-
21 · Escrow or custodial account liability
beginning of year $380,006 · end of year $353,230
-
22 · Loans and payables to officers and key people
beginning of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $547,066 · end of year $483,312
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
The mission of the Keweenaw Community Foundation is to promote philanthropy, develop and manage permanent endowments from a broad range of donors, and award charitable grants that enhance the quality of life in the Keweenaw Peninsula.
-
Briefly: Grants Approved: Other $2,100.
Expenses $2,100 · Grants $2,100
-
N/A
-
NA
As filed on the 2022 return.
Listed in Part VII
-
John Lehman
Board Chair
- Total calculated
- $0
- Hours/week
- 1.25
-
Andy Costic
Board Vice-Chair
- Total calculated
- $0
- Hours/week
- 0.5
-
Charles Ouellette
Treasurer
- Total calculated
- $0
- Hours/week
- 1.25
-
Sharon Fisher
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
George Twardzik
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt Krause
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Iola Brubaker
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kim Salmi
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Angela Piche
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Cassy Tefft de Munoz
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelly Kamm
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott Dianda
Trustee
- Total calculated
- $0
- Hours/week
- 0.5
-
Robin Meneguzzo
Executive Director
- Total calculated
- $0
- Hours/week
- 5
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322229349300132
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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