Form 990 for tax year 2023
Filed by GREATER POWESHIEK COMMUNITY FOUNDATION.
Totals
- Total revenue
- $6,844,913
- Total expenses
- $2,078,053
- Contributions and grants received
- $6,350,178
- Grants paid
- $1,678,228
- Program service revenue
- $0
- Investment income
- $482,008
- Other revenue
- $12,727
- Total assets, end of year
- $18,526,787
- Total liabilities, end of year
- $1,589,261
- Net assets or fund balances, end of year
- $16,937,526
- Program services expenses (Part IX)
- $1,806,348
- Management and general expenses
- $223,342
- Fundraising expenses
- $48,363
- Program service expenses (Part III)
- $1,806,348
Program services were 86.9% 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.
-
1e · Government grants (contributions)
$688,625
-
1f · All other contributions, gifts and grants
$5,661,553
-
1g · Noncash contributions included above
$3,018,334
-
3 · Investment income
total $482,008 · unrelated business $0 · excluded $482,008
-
6a · Gross rents
personal property $5,753
-
6c · Rental income or loss
personal property $5,753
-
6d · Net rental income or loss
total $5,753 · excluded $5,753
-
8a · Fundraising events: gross income
$7,534
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$560
-
8c · Net income from fundraising events
total $6,974 · unrelated business $0 · excluded $6,974
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,628,155 · program services $1,628,155
-
2 · Grants to domestic individuals
total $50,073 · program services $50,073
-
5 · Compensation of officers, directors and key employees
total $172,312 · program services $90,935 · management and general $52,084 · fundraising $29,293
-
8 · Pension plan contributions
total $9,480 · program services $3,637 · management and general $5,843 · fundraising $0
-
10 · Payroll taxes
total $13,316 · program services $7,014 · management and general $4,062 · fundraising $2,240
-
11c · Fees: accounting
total $26,032 · program services $613 · management and general $25,419 · fundraising $0
-
12 · Advertising and promotion
total $11,533 · program services $8,595 · management and general $900 · fundraising $2,038
-
13 · Office expenses
total $16,139 · program services $3,452 · management and general $2,984 · fundraising $9,703
-
14 · Information technology
total $1,701 · program services $874 · management and general $827 · fundraising $0
-
16 · Occupancy
total $36,000 · program services $0 · management and general $36,000 · fundraising $0
-
17 · Travel
total $1,753 · program services $358 · management and general $1,395 · fundraising $0
-
19 · Conferences, conventions and meetings
total $951 · program services $0 · management and general $951 · fundraising $0
-
23 · Insurance
total $11,700 · program services $48 · management and general $11,652 · fundraising $0
-
24a · Other expenses: Other Expenses
total $98,908 · program services $12,594 · management and general $81,225 · fundraising $5,089
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $800,083 · end of year $729,843
-
2 · Savings and temporary cash investments
beginning of year $398,880 · end of year $840,696
-
3 · Pledges and grants receivable
beginning of year $337,945 · end of year $224,623
-
11 · Investments: publicly traded securities
beginning of year $10,342,473 · end of year $12,882,371
-
15 · Other assets
beginning of year $903,661 · end of year $3,849,254
-
17 · Accounts payable and accrued expenses
beginning of year $145,690 · end of year $204,057
-
18 · Grants payable
beginning of year $154,933 · end of year $118,270
-
25 · Other liabilities
beginning of year $1,256,374 · end of year $1,266,934
-
27 · Net assets without donor restrictions
beginning of year $9,997,935 · end of year $15,752,254
-
28 · Net assets with donor restrictions
beginning of year $1,228,110 · end of year $1,185,272
Mission and programs · 2023
Mission
Greater Poweshiek Community Foundation serves the community and enhances quality of life by: helping people accomplish their charitable giving objectives; managing and preserving
-
Provide dollars funded by state grants to local pre-schools and childcare centers for early childhood development. This program is for children between the ages of 0 and 5.
Expenses $712,343 · Grants $596,444 · Revenue $763,623
-
Distribute grants through gambling dollars received from the state of Iowa and other endowed funds for community projects and organizations.
Expenses $176,615 · Grants $161,211 · Revenue $228,971
-
Distribution of dollars for scholarships, programs, and designated funds held for local non-profits.
Expenses $917,390 · Grants $907,568 · Revenue $6,087,412
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike Allen
President
- Total calculated
- $0
- Hours/week
- 1
-
Barb Baker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Monica Chavez-Silva
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patrick Cogley
Past President
- Total calculated
- $0
- Hours/week
- 4
-
Brad German
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Gant
Vice-President
- Total calculated
- $0
- Hours/week
- 1
-
Mike Geiger
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Clayton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Kolpin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vickie McDonald
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Plate
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Marie Hedlund
Director
- Total calculated
- $0
- Hours/week
- 1
-
Connie Scurr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nicole Brua-Behrens
Executive Director
- Total calculated
- $81,102
- From this org
- $75,258
- From related orgs
- $0
- Other
- $5,844
- Hours/week
- 45
-
Amy Blanchard
Program Manager
- Total calculated
- $47,408
- From this org
- $43,771
- From related orgs
- $0
- Other
- $3,637
- Hours/week
- 30
-
Mary Sherwood
Diector
- Total calculated
- $0
- Hours/week
- 1
-
Katy Wells
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rusty Clayton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marie Hedlund
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sandy Ross
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joel Kerchival
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Sherwood
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tom Lacina
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Kolpin
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
-
$40,860
operations
-
$23,960
operations
-
$18,800
operations and ob expansion
-
City of Montezuma
$13,840
Park Renovation
-
facility expansion
-
Grinnell United Methodist Church
$12,520
operations
-
$11,500
dog park and operations
-
BGM Community School District
$11,500
playground and food programming
-
fire equipment
-
Malcom United Methodist Church
$10,000
operations
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 November 2024
- IRS schema version
- 2023v6.0
- Source object
- 202541359349301319
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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