Skip to content
Nonprofiteer
← DECATUR COUNTY COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by DECATUR COUNTY COMMUNITY FOUNDATION INC.

Totals

Total revenue
$7,772,195
Total expenses
$1,501,216
Contributions and grants received
$6,667,036
Grants paid
$957,666
Program service revenue
$5,180
Investment income
$1,089,383
Other revenue
$10,596
Total assets, end of year
$35,241,257
Total liabilities, end of year
$1,025,615
Net assets or fund balances, end of year
$34,215,642
Program services expenses (Part IX)
$1,191,211
Management and general expenses
$159,801
Fundraising expenses
$150,204
Program service expenses (Part III)
$1,191,211

Program services were 79.3% 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

    $6,667,036

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $5,180 · related or exempt $5,180

  • 3 · Investment income

    total $664,629 · excluded $664,629

  • 5 · Royalties

    total $10,596 · excluded $10,596

  • 7a · Gross sales of assets other than inventory

    securities $2,127,402

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

    securities $1,702,648

  • 7c · Gain or loss

    securities $424,754

  • 7d · Net gain or loss

    total $424,754 · excluded $424,754

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $662,312 · program services $662,312

  • 2 · Grants to domestic individuals

    total $295,354 · program services $295,354

  • 5 · Compensation of officers, directors and key employees

    total $102,080 · program services $25,519 · management and general $29,956 · fundraising $46,605

  • 7 · Other salaries and wages

    total $141,785 · program services $35,524 · management and general $41,522 · fundraising $64,739

  • 8 · Pension plan contributions

    total $3,869 · program services $891 · management and general $1,217 · fundraising $1,761

  • 9 · Other employee benefits

    total $13,248 · program services $3,051 · management and general $4,167 · fundraising $6,030

  • 10 · Payroll taxes

    total $18,440 · program services $4,246 · management and general $5,801 · fundraising $8,393

  • 11c · Fees: accounting

    total $55,906 · management and general $55,906

  • 11f · Fees: investment management

    total $129,409 · program services $129,409

  • 12 · Advertising and promotion

    total $32,122 · program services $8,030 · management and general $8,031 · fundraising $16,061

  • 13 · Office expenses

    total $3,185 · program services $1,592 · management and general $638 · fundraising $955

  • 16 · Occupancy

    total $19,718 · program services $9,869 · management and general $6,790 · fundraising $3,059

  • 19 · Conferences, conventions and meetings

    total $7,025 · program services $7,025

  • 22 · Depreciation, depletion and amortization

    total $3,325 · program services $1,664 · management and general $1,145 · fundraising $516

  • 23 · Insurance

    total $4,589 · program services $2,297 · management and general $1,580 · fundraising $712

  • 24a · Other expenses: DUES & MEMBERSHIP

    total $2,557 · program services $1,279 · management and general $881 · fundraising $397

  • 24e · All other expenses

    total $6,292 · program services $3,149 · management and general $2,167 · fundraising $976

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,258,519 · end of year $2,902,215

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $4,000,000

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

    $42,392

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

    $27,583

  • 10c · Land, buildings and equipment, net

    beginning of year $5,860 · end of year $14,809

  • 11 · Investments: publicly traded securities

    beginning of year $24,498,659 · end of year $28,324,233

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,111

  • 21 · Escrow or custodial account liability

    beginning of year $911,345 · end of year $1,025,615

  • 27 · Net assets without donor restrictions

    beginning of year $1,223,043 · end of year $1,248,873

  • 28 · Net assets with donor restrictions

    beginning of year $24,621,539 · end of year $32,966,769

Mission and programs · 2024

Mission

THE FOUNDATION ENCOURAGES, PRUDENTLY MANAGES AND DISTRIBUTES CHARITABLE CONTRIBUTIONS TO IMPROVE THE QUALITY OF LIFE OF DECATUR COUNTY RESIDENTS, NOW AND IN THE FUTURE.

  • THE DECATUR COUNTY COMMUNITY FOUNDATION DISTRIBUTES GRANTS TO OTHER EXEMPT ORGANIZATIONS, TO ASSIST THEM IN FURTHERING THE QUALITY OF LIFE IN THE COMMUNITY .

    Expenses $895,857 · Grants $957,666 · Revenue $5,180

  • THE SCHOLARSHIP PROGRAM HAS PROVIDED ESSENTIAL SUPPORT TO DESERVING STUDENTS, ENABLING THEM TO PURSUE THEIR EDUCATIONAL GOALS. SCHOLARSHIPS PROVIDE MORE THAN JUST FINANCIAL AID, ALLOWING STUDENTS TO ACCESS EDUCATION THAT WILL IMPROVE THEIR LIVES AND STRENGTHEN THE COMMUNITY

    Expenses $295,354

As filed on the 2024 return.

Listed in Part VII

  • Carol Koester

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jane Obermeyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kate Bedel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Larry Rueff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Horan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rick Nobbe

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Rob Eversole

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Rick Johnson

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Bill Corya

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Tami Wenning

    EXECUTIVE DIRECTOR

    Total calculated
    $102,080
    From this org
    $93,899
    From related orgs
    $0
    Other
    $8,181
    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
2024
Filed
13 July 2025
IRS schema version
2024v5.2
Source object
202501979349300800

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

The source document this was parsed from is served over the API, which is where bulk and document access live.