Form 990 for tax year 2023
Filed by NORTHERN INDIANA COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $4,269,821
- Total expenses
- $4,412,108
- Contributions and grants received
- $1,341,902
- Grants paid
- $2,192,249
- Program service revenue
- $922,808
- Investment income
- $1,884,499
- Other revenue
- $120,612
- Total assets, end of year
- $61,506,739
- Total liabilities, end of year
- $4,131,124
- Net assets or fund balances, end of year
- $57,375,615
- Program services expenses (Part IX)
- $2,700,840
- Management and general expenses
- $1,342,946
- Fundraising expenses
- $368,322
- Program service expenses (Part III)
- $2,700,840
Program services were 61.2% 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
$1,341,902
-
1g · Noncash contributions included above
$13,896
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $922,808 · related or exempt $922,808
-
3 · Investment income
total $1,982,449 · excluded $1,982,449
-
7a · Gross sales of assets other than inventory
securities $35,302,288
-
7b · Less cost or other basis and sales expenses
securities $35,400,238
-
7c · Gain or loss
securities -$97,950
-
7d · Net gain or loss
total -$97,950 · related or exempt -$97,950
-
11a · Other revenue: AMRT OF DISCOUNT ON TRUST REC
total $115,158 · related or exempt $115,158
-
11b · Other revenue: MISCELLANEOUS
total $5,454 · related or exempt $5,454
-
11e · Other revenue, total
$120,612
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,791,989 · program services $1,791,989
-
2 · Grants to domestic individuals
total $400,260 · program services $400,260
-
5 · Compensation of officers, directors and key employees
total $137,493 · program services $48,123 · management and general $35,748 · fundraising $53,622
-
7 · Other salaries and wages
total $307,127 · program services $107,494 · management and general $79,853 · fundraising $119,780
-
8 · Pension plan contributions
total $30,216 · program services $10,576 · management and general $7,856 · fundraising $11,784
-
9 · Other employee benefits
total $63,192 · program services $22,117 · management and general $16,430 · fundraising $24,645
-
10 · Payroll taxes
total $43,360 · program services $15,176 · management and general $11,274 · fundraising $16,910
-
11a · Fees: management
total $921,761 · management and general $921,761
-
11c · Fees: accounting
total $47,923 · program services $16,773 · management and general $12,460 · fundraising $18,690
-
11f · Fees: investment management
total $202,925 · management and general $202,925
-
13 · Office expenses
total $22,621 · program services $7,918 · management and general $5,881 · fundraising $8,822
-
16 · Occupancy
total $35,005 · program services $12,252 · management and general $9,101 · fundraising $13,652
-
19 · Conferences, conventions and meetings
total $41,463 · program services $14,512 · management and general $10,780 · fundraising $16,171
-
20 · Interest
total $353 · management and general $353
-
22 · Depreciation, depletion and amortization
total $28,912 · program services $10,119 · management and general $7,517 · fundraising $11,276
-
23 · Insurance
total $8,952 · program services $3,133 · management and general $2,328 · fundraising $3,491
-
24a · Other expenses: DIRECT PROGRAM SUPPORT
total $218,187 · program services $218,187
-
24b · Other expenses: LEASE EXPENSE
total $63,460 · program services $22,211 · management and general $16,500 · fundraising $24,749
-
24c · Other expenses: OTHER FUNDRAISING EXPENSE
total $44,730 · fundraising $44,730
-
24d · Other expenses: MISCELLANEOUS EXPENSE
total $2,179 · management and general $2,179
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $100 · end of year $100
-
2 · Savings and temporary cash investments
beginning of year $2,232,598 · end of year $1,528,857
-
3 · Pledges and grants receivable
beginning of year $3,448,118 · end of year $3,563,276
-
4 · Accounts receivable
beginning of year $650 · end of year $99,103
-
9 · Prepaid expenses and deferred charges
beginning of year $33,547 · end of year $30,556
-
10a · Land, buildings and equipment: cost or other basis
$503,357
-
10b · Land, buildings and equipment: accumulated depreciation
$151,722
-
10c · Land, buildings and equipment, net
beginning of year $372,288 · end of year $351,635
-
11 · Investments: publicly traded securities
beginning of year $51,666,833 · end of year $55,603,532
-
15 · Other assets
beginning of year $242,235 · end of year $329,680
-
17 · Accounts payable and accrued expenses
beginning of year $8,378 · end of year $10,572
-
25 · Other liabilities
beginning of year $4,016,897 · end of year $4,120,552
-
27 · Net assets without donor restrictions
beginning of year $1,038,366 · end of year $1,313,832
-
28 · Net assets with donor restrictions
beginning of year $52,932,728 · end of year $56,061,783
Mission and programs · 2023
Mission
OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES BY ASSISTING DONORS IN FULFILLING THEIR CHARITABLE WISHES FOREVER.
-
THE FOUNDATION IS DEDICATED TO EDUCATING, COMMUNICATING AND CELEBRATING COMMUNITY SPIRIT THROUGH THE GENEROUSITY OF OUR DONORS. IN 2023, 210 SCHOLARSHIPS WERE AWARDED ALONG WITH GRANTS TO MANY NOT-FOR-PROFITS. THE PURPOSE OF THE GRANTS WERE ARTS/CULTURE, EDUCATION, HEALTH, ENVIRONMENT, HUMAN SERVICES, COMMUNITY DEVELOPMENT AND YOUTH.
Expenses $2,323,952 · Grants $1,973,024 · Revenue $692,106
-
THE FOUNDATION HOLDS SEVERAL NON-PERMANENT FUNDS FOR LOCAL AGENCIES AND PROJECTS. THIS GIVES THE AGENCIES AND PROJECTS ACCOUNTABILITY TO THEIR DONORS.
Expenses $376,888 · Grants $219,225 · Revenue $230,702
As filed on the 2023 return.
Listed in Part VII
-
Jay AlbrightJAY ALBRIGHT
EXECUTIVE DI
- Total calculated
- $145,784
- From this org
- $137,500
- From related orgs
- $0
- Other
- $8,284
- Hours/week
- 40
-
Doug KuepperDOUG KUEPPER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Kent BurtonKENT BURTON
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Penny RamseyPENNY RAMSEY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Marcia MinardMARCIA MINARD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lyn AltmanLYN ALTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Caroline JonesCAROLINE JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael KuhnMICHAEL KUHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda LeasureLINDA LEASURE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim LongJIM LONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica MartinovicJESSICA MARTINOVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jill MilesJILL MILES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl OrkisCHERYL ORKIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shirley RippySHIRLEY RIPPY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Judy ShrockJUDY SHROCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jodi WynnJODI WYNN
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
-
$71,611
SCHOLARSHIP/GEN SUPP
-
$70,500
GENERAL SUPPORT
-
$64,467
GENERAL SUPPORT
-
CITY OF ROCHESTER
$55,660
EDUCATION/PARKS
-
MIAMI COUNTY HISTORICAL SOCIETY
$42,419
GENERAL SUPPORT
-
$40,000
GENERAL SUPPORT
-
BUILDING REPAIRS
-
ST CHARLES BORROMEO CATHOLIC
$38,789
GENERAL SUPPORT
-
STARKE COUNTY EMERGENCY MANGAGEMENT
$36,000
GENERAL SUPPORT
-
ROCHESTER COMMUNITY SCHOOL CORPORATION
$29,069
PROGRAM SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412999349300846
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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