Totals
- Total revenue
- $4,214,631
- Total expenses
- $4,248,551
- Contributions and grants received
- $4,172,384
- Grants paid
- $4,000,250
- Program service revenue
- $0
- Investment income
- $31,647
- Other revenue
- $10,600
- Total assets, end of year
- $861,189
- Total liabilities, end of year
- $316,789
- Net assets or fund balances, end of year
- $544,400
- Program services expenses (Part IX)
- $4,248,551
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,248,551
Program services were 100.0% 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.
-
1b · Membership dues
$33,500
-
1f · All other contributions, gifts and grants
$4,138,884
-
3 · Investment income
total $31,647
-
6a · Gross rents
real property $10,600
-
6c · Rental income or loss
real property $10,600
-
6d · Net rental income or loss
total $10,600 · related or exempt $10,600
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,000,250 · program services $4,000,250
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $67,500 · program services $67,500
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $68,667 · program services $68,667
-
8 · Pension plan contributions
total $1,013 · program services $1,013
-
9 · Other employee benefits
total $15,497 · program services $15,497
-
10 · Payroll taxes
total $11,244 · program services $11,244
-
11a · Fees: management
total $10,000 · program services $10,000
-
11b · Fees: legal
total $1,900 · program services $1,900
-
11c · Fees: accounting
total $4,715 · program services $4,715
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $13,806 · program services $13,806
-
13 · Office expenses
total $3,048 · program services $3,048
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,292 · program services $2,292
-
17 · Travel
total $15,096 · program services $15,096
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $271 · program services $271
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $13,470 · program services $13,470
-
23 · Insurance
total $5,049 · program services $5,049
-
24a · Other expenses: Meals
total $9,483 · program services $9,483
-
24b · Other expenses: Memberships, Dues and Subscriptions
total $1,873 · program services $1,873
-
24c · Other expenses: Bank and Loan Administration Fees
total $1,700 · program services $1,700
-
24d · Other expenses: Board expense, Training and Conferences
total $1,677 · program services $1,677
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $167,840 · end of year $152,670
-
2 · Savings and temporary cash investments
beginning of year $40,661 · end of year $40,891
-
4 · Accounts receivable
beginning of year $252,946 · end of year $233,646
-
10a · Land, buildings and equipment: cost or other basis
$536,388
-
10b · Land, buildings and equipment: accumulated depreciation
$102,406
-
10c · Land, buildings and equipment, net
beginning of year $447,452 · end of year $433,982
-
17 · Accounts payable and accrued expenses
beginning of year $3,242 · end of year $4,678
-
23 · Secured mortgages and notes payable
beginning of year $327,337 · end of year $312,111
-
31 · Retained earnings, endowment or other funds
beginning of year $578,320 · end of year $544,400
Mission and programs · 2024
Mission
To create economic opportunities for the benefit of the community, faciliate marketing programs to promote awareness of the community and coordinate the interest of potential business investors in the community.
Activities or mission (Part I)
To create economic opportunities for the benefit of the community, faciliate marketing programs to promote awareness and coordinated interest of potential business investors in the community.
-
Revenue and expenses to carry out the exempt purpose
Expenses $4,248,551 · Revenue $4,214,631
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John McCane
Executive Director
- Total calculated
- $0
- Hours/week
- 40
-
Tianne Ripberger
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Mike Pavey
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Kevin Krekeler
Past Chair
- Total calculated
- $0
- Hours/week
- 5
-
Chip Orben
Secretary
- 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
-
Love Community Center
$4,000,000
Building of community center
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501339349303455
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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