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Nonprofiteer
← ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC.

Totals

Total revenue
$2,851,414
Total expenses
$3,682,458
Contributions and grants received
$2,071,332
Grants paid
$3,255,286
Program service revenue
$0
Investment income
$773,978
Other revenue
$6,104
Total assets, end of year
$21,069,782
Total liabilities, end of year
$425,334
Net assets or fund balances, end of year
$20,644,448
Program services expenses (Part IX)
$3,255,286
Management and general expenses
$427,172
Fundraising expenses
$0
Program service expenses (Part III)
$3,255,286

Program services were 88.4% 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

    $2,071,332

  • 1g · Noncash contributions included above

    $174,633

  • 3 · Investment income

    total $472,813 · excluded $472,813

  • 7a · Gross sales of assets other than inventory

    securities $8,142,307

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

    securities $7,841,142

  • 7c · Gain or loss

    securities $301,165

  • 7d · Net gain or loss

    total $301,165 · excluded $301,165

  • 11a · Other revenue: OTHER REVENUE

    total $6,104 · related or exempt $6,104

  • 11e · Other revenue, total

    $6,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,255,286 · program services $3,255,286

  • 5 · Compensation of officers, directors and key employees

    total $97,822 · management and general $97,822

  • 7 · Other salaries and wages

    total $132,843 · management and general $132,843

  • 10 · Payroll taxes

    total $15,948 · management and general $15,948

  • 11b · Fees: legal

    total $6,045 · management and general $6,045

  • 11c · Fees: accounting

    total $19,641 · management and general $19,641

  • 11f · Fees: investment management

    total $57,555 · management and general $57,555

  • 12 · Advertising and promotion

    total $18,675 · management and general $18,675

  • 13 · Office expenses

    total $4,423 · management and general $4,423

  • 16 · Occupancy

    total $23,356 · management and general $23,356

  • 17 · Travel

    total $1,338 · management and general $1,338

  • 19 · Conferences, conventions and meetings

    total $746 · management and general $746

  • 22 · Depreciation, depletion and amortization

    total $1,520 · management and general $1,520

  • 23 · Insurance

    total $4,043 · management and general $4,043

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $30,532 · management and general $30,532

  • 24b · Other expenses: TELEPHONE

    total $5,493 · management and general $5,493

  • 24c · Other expenses: MISCELLANEOUS

    total $2,554 · management and general $2,554

  • 24d · Other expenses: BANK FEES

    total $1,791 · management and general $1,791

  • 24e · All other expenses

    total $2,847 · management and general $2,847

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,262,843 · end of year $470,228

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

    $17,220

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

    $16,071

  • 10c · Land, buildings and equipment, net

    beginning of year $2,669 · end of year $1,149

  • 11 · Investments: publicly traded securities

    beginning of year $19,331,531 · end of year $20,507,805

  • 15 · Other assets

    beginning of year $31,137 · end of year $90,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,561 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $425,334

  • 27 · Net assets without donor restrictions

    beginning of year $20,622,619 · end of year $20,644,448

Mission and programs · 2022

Mission

FACILITATE CHARITABLE GIVING FOR INDIVIDUALS AND BUSINESSES, HELP ORGANIZATIONS WITH ENDOWMENT FUNDS, SERVE AS FISCAL AGENT FOR CHARITABLE COMMUNITY PROJECTS AND ACT AS A CATALYST FOR INNOVATIVE CHARITABLE SOLUTIONS TO MEET AREA NEEDS.

  • THE FOUNDATION RECEIVES CONTRIBUTIONS AS A CONDUIT THROUGH WHICH DONORS BUILD AND STRENGTHEN THE COMMUNITY BY SUPPORTING LOCAL SOLUTIONS TO LOCAL PROBLEMS NOW AND IN PERPETUITY. ALL ASSETS AND EARNINGS OF THE FOUNDATION ARE UTILIZED EXCLUSIVELY FOR AND PURSUANT TO CHARITABLE AND EDUCATIONAL ENDEAVORS.

    Expenses $3,255,286 · Grants $3,255,286

As filed on the 2022 return.

Listed in Part VII

  • Adrian Barr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Garwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Josh Barnett

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Laura Kowalczyk

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jeff Secord

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carla Campbell-Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Turkesha Collins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mary Ann Webb

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Mark Jontry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Del Saam

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cat Woods

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jerome Maddox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julia Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mary Ann Schierman

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dan Irvin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ravi Singhal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Meyer

    EXECUTIVE DIR.

    Total calculated
    $98,803
    From this org
    $97,822
    From related orgs
    $0
    Other
    $981
    Hours/week
    40

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

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

Provenance

Return type
form_990
Tax year
2022
Filed
16 February 2024
IRS schema version
2022v5.0
Source object
202420479349300017

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

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