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Nonprofiteer
← OSHKOSH AREA COMMUNITY FOUNDATION CORPORATION

Form 990 for tax year 2022

Filed by OSHKOSH AREA COMMUNITY FOUNDATION CORPORATION.

Totals

Total revenue
$12,150,025
Total expenses
$10,043,591
Contributions and grants received
$8,687,848
Grants paid
$8,354,147
Program service revenue
$0
Investment income
$3,225,928
Other revenue
$236,249
Total assets, end of year
$152,582,685
Total liabilities, end of year
$50,243,202
Net assets or fund balances, end of year
$102,339,483
Program services expenses (Part IX)
$8,617,592
Management and general expenses
$1,142,486
Fundraising expenses
$283,513
Program service expenses (Part III)
$8,617,592

Program services were 85.8% 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

    $8,687,848

  • 1g · Noncash contributions included above

    $2,267,184

  • 3 · Investment income

    total $2,562,502 · excluded $2,562,502

  • 7a · Gross sales of assets other than inventory

    securities $32,593,387

  • 7b · Less cost or other basis and sales expenses

    securities $31,927,550 · other assets $2,411

  • 7c · Gain or loss

    securities $665,837 · other assets -$2,411

  • 7d · Net gain or loss

    total $663,426 · excluded $663,426

  • 11a · Other revenue: ADMINISTRATIVE FEE REVENUE

    total $236,249 · excluded $236,249

  • 11e · Other revenue, total

    $236,249

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,801,013 · program services $7,801,013

  • 2 · Grants to domestic individuals

    total $553,134 · program services $553,134

  • 5 · Compensation of officers, directors and key employees

    total $345,302 · management and general $247,391 · fundraising $97,911

  • 7 · Other salaries and wages

    total $463,593 · program services $154,838 · management and general $205,328 · fundraising $103,427

  • 9 · Other employee benefits

    total $103,887 · program services $8,133 · management and general $94,372 · fundraising $1,382

  • 10 · Payroll taxes

    total $55,328 · program services $10,920 · management and general $30,757 · fundraising $13,651

  • 11c · Fees: accounting

    total $20,817 · management and general $20,817

  • 11f · Fees: investment management

    total $256,593 · management and general $256,593

  • 11g · Fees: other

    total $5,182 · program services $5,182

  • 12 · Advertising and promotion

    total $103,152 · program services $11,809 · management and general $66,542 · fundraising $24,801

  • 13 · Office expenses

    total $27,880 · program services $7,793 · management and general $15,010 · fundraising $5,077

  • 14 · Information technology

    total $111,865 · program services $15,793 · management and general $96,072

  • 16 · Occupancy

    total $36,328 · program services $8,646 · management and general $19,290 · fundraising $8,392

  • 17 · Travel

    total $8,320 · program services $976 · management and general $263 · fundraising $7,081

  • 19 · Conferences, conventions and meetings

    total $13,574 · management and general $13,574

  • 22 · Depreciation, depletion and amortization

    total $21,471 · program services $5,110 · management and general $11,401 · fundraising $4,960

  • 23 · Insurance

    total $21,377 · program services $11,346 · management and general $6,990 · fundraising $3,041

  • 24a · Other expenses: PUBLICATIONS

    total $30,770 · program services $12,163 · management and general $14,936 · fundraising $3,671

  • 24b · Other expenses: MEMBERSHIP DUES

    total $20,870 · program services $470 · management and general $20,245 · fundraising $155

  • 24e · All other expenses

    total $43,135 · program services $10,266 · management and general $22,905 · fundraising $9,964

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $530,505 · end of year $286,297

  • 2 · Savings and temporary cash investments

    beginning of year $3,260,594 · end of year $4,886,955

  • 3 · Pledges and grants receivable

    beginning of year $163,593 · end of year $8,902

  • 4 · Accounts receivable

    beginning of year $143,709 · end of year $108,440

  • 9 · Prepaid expenses and deferred charges

    beginning of year $99,613 · end of year $9,288

  • 10a · Land, buildings and equipment: cost or other basis

    $843,572

  • 10b · Land, buildings and equipment: accumulated depreciation

    $327,605

  • 10c · Land, buildings and equipment, net

    beginning of year $535,883 · end of year $515,967

  • 11 · Investments: publicly traded securities

    beginning of year $128,822,488 · end of year $139,111,959

  • 12 · Investments: other securities

    beginning of year $6,464,540 · end of year $7,151,124

  • 15 · Other assets

    beginning of year $488,890 · end of year $503,753

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,311 · end of year $345,842

  • 18 · Grants payable

    beginning of year $2,809,724 · end of year $2,224,462

  • 23 · Secured mortgages and notes payable

    beginning of year $239,807 · end of year $217,448

  • 25 · Other liabilities

    beginning of year $43,428,898 · end of year $47,455,450

  • 27 · Net assets without donor restrictions

    beginning of year $93,920,075 · end of year $102,339,483

Mission and programs · 2022

Mission

THE MISSION OF THE OSHKOSH AREA COMMUNITY FOUNDATION CORPORATION IS TO STRENGTHEN OUR COMMUNITIES. THE ORGANIZATION ACCOMPLISHES THIS THROUGH: LEADERSHIP AND FUNDING TO ADDRESS CURRENT AND EMERGING NEEDS; COLLABORATION AND PARTNERSHIP WITH DONORS OR OTHERS TO ENSURE LASTING IMPACT; AND OUTSTANDING STEWARDSHIP AND INSPIRED PHILANTHROPY.

Activities or mission (Part I)

RECEIVE & ACCEPT PROPERTY TO BE ADMINISTERED FOR THE BENEFIT OF THE PEOPLE & INSTITUTIONS SERVING OUR SERVICE AREA WHICH INCLUDES WINNEBAGO COUNTY, WAUSHARA COUNTY, GREEN LAKE COUNTY, AND RIPON, WISCONSIN.

  • THE OSHKOSH AREA COMMUNITY FOUNDATION CORPORATION IS ORGANIZED TO RECEIVE AND ACCEPT PROPERTY TO BE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES FOR THE BENEFIT OF THE PEOPLE AND THE INSTITUTIONS SERVING OUR SERVICE AREA WHICH INCLUDES WINNEBAGO COUNTY, WAUSHARA COUNTY, GREEN LAKE COUNTY AND RIPON, WISCONSIN. GRANTMAKING AND FUND DEVELOPMENT IS CONDUCTED: FOR ASSISTING CHARITABLE AND EDUCATIONAL INSTITUTIONS; FOR PROMOTING EDUCATION AND SCIENTIFIC RESEARCH; FOR FURNISHING EDUCATIONAL OPPORTUNITIES TO INDIVIDUALS; FOR CARE OF THE SICK, AGED OR HELPLESS; TO IMPROVE LIVING CONDITIONS AND TO PROVIDE RECREATION FOR ALL CLASSES; TO ENHANCE AND PROMOTE ECONOMIC DEVELOPMENT; TO ENHANCE AND PROMOTE PHILANTHROPY; FOR OTHER CHARITABLE PURPOSES AS WILL BEST MAKE FOR THE MENTAL, MORAL AND PHYSICAL IMPROVEMENT OF THE INHABITANTS OF THE SERVICE AREA REGARDLESS OF RACE, COLOR OR CREED; TO DISTRIBUTE PROPERTY IN ACCORDANCE WITH THE TERMS OF GIFTS; TO DISTRIBUTE PROPERTY TO QUALIFIED CHARITABLE ORGANIZATIONS.

    Expenses $8,617,592 · Grants $8,354,147

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRIAN MCCLONE

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JODIE LARSEN

    BOARD VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JASON FELTZ

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AMANDA HINRICHS

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • VICTOR ALATORRE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • VICTORIA BELTRAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOHN BRODERICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TOM CASTLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TIM GALLOWAY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KOMAL MEHTA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • NATHAN OLSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • RUSSELL REFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TONY RENNING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DAN RUEDINGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CAREY SHARPE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOEL SCOTT SITTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • WILLIAM WYMAN

    PRESIDENT & CEO

    Total calculated
    $191,229
    From this org
    $175,085
    From related orgs
    $0
    Other
    $16,144
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $172,085
    Bonus
    $3,000
    Other
    $0
    Deferred
    $8,383
    Nontaxable benefits
    $7,761
    Filer's total
    $191,229

  • JENNIFER SHEAHAN

    DIRECTOR OF FINANCE & ADMIN

    Total calculated
    $144,773
    From this org
    $136,306
    From related orgs
    $0
    Other
    $8,467
    Hours/week
    40 + 1 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
ALL EMPLOYEES (INCLUDING THE PRESIDENT & CEO) ARE ELIGIBLE TO RECEIVE ANNUAL NON-FIXED PERFORMANCE BONUS PAYMENTS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
16 February 2024
IRS schema version
2022v5.0
Source object
202420479349301032

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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