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Nonprofiteer
← LENAWEE COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by LENAWEE COMMUNITY FOUNDATION.

Totals

Total revenue
$4,704,892
Total expenses
$3,898,444
Contributions and grants received
$2,873,625
Grants paid
$3,205,988
Program service revenue
$0
Investment income
$1,650,201
Other revenue
$181,066
Total assets, end of year
$30,931,910
Total liabilities, end of year
$1,406,439
Net assets or fund balances, end of year
$29,525,471
Program services expenses (Part IX)
$3,714,464
Management and general expenses
$101,208
Fundraising expenses
$82,772
Program service expenses (Part III)
$3,714,464

Program services were 95.3% 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

    $2,873,625

  • 3 · Investment income

    total $494,753 · related or exempt $494,753

  • 7a · Gross sales of assets other than inventory

    securities $14,950,917

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

    securities $13,795,469

  • 7c · Gain or loss

    securities $1,155,448

  • 7d · Net gain or loss

    total $1,155,448 · related or exempt $1,155,448

  • 8a · Fundraising events: gross income

    $50,784

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $50,784 · excluded $50,784

  • 11a · Other revenue: WORKSHOP INCOME

    total $96,176 · related or exempt $96,176

  • 11b · Other revenue: OTHER INCOME

    total $26,659 · related or exempt $26,659

  • 11c · Other revenue: AGENCY FEES

    total $7,447 · related or exempt $7,447

  • 11e · Other revenue, total

    $130,282

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,967,481 · program services $2,967,481

  • 2 · Grants to domestic individuals

    total $238,507 · program services $238,507

  • 5 · Compensation of officers, directors and key employees

    total $118,924 · program services $93,950 · management and general $9,514 · fundraising $15,460

  • 7 · Other salaries and wages

    total $222,722 · program services $175,950 · management and general $17,817 · fundraising $28,955

  • 9 · Other employee benefits

    total $89,865 · program services $70,994 · management and general $7,189 · fundraising $11,682

  • 10 · Payroll taxes

    total $26,988 · program services $21,321 · management and general $2,159 · fundraising $3,508

  • 11g · Fees: other

    total $62,649 · program services $49,493 · management and general $5,010 · fundraising $8,146

  • 12 · Advertising and promotion

    total $6,659 · program services $5,261 · management and general $533 · fundraising $865

  • 13 · Office expenses

    total $21,273 · program services $16,806 · management and general $1,702 · fundraising $2,765

  • 16 · Occupancy

    total $14,774 · program services $11,671 · management and general $1,182 · fundraising $1,921

  • 17 · Travel

    total $1,539 · program services $1,216 · management and general $123 · fundraising $200

  • 19 · Conferences, conventions and meetings

    total $13,639 · program services $10,775 · management and general $1,091 · fundraising $1,773

  • 22 · Depreciation, depletion and amortization

    total $50,276 · management and general $50,276

  • 23 · Insurance

    total $29,996 · program services $23,696 · management and general $2,399 · fundraising $3,901

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $13,116 · program services $10,362 · management and general $1,049 · fundraising $1,705

  • 24b · Other expenses: MEMBERSHIP AND DUES

    total $11,753 · program services $9,285 · management and general $940 · fundraising $1,528

  • 24c · Other expenses: OTHER PROGRAM EXPENSES

    total $5,489 · program services $5,489

  • 24d · Other expenses: BANK FEES

    total $2,794 · program services $2,207 · management and general $224 · fundraising $363

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,002,618 · end of year $2,186,502

  • 2 · Savings and temporary cash investments

    beginning of year $2,000,118

  • 3 · Pledges and grants receivable

    beginning of year $400,000 · end of year $126,915

  • 4 · Accounts receivable

    end of year $4,625

  • 9 · Prepaid expenses and deferred charges

    beginning of year $278,331 · end of year $258,731

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

    $1,259,782

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

    $312,728

  • 10c · Land, buildings and equipment, net

    beginning of year $995,794 · end of year $947,054

  • 11 · Investments: publicly traded securities

    beginning of year $32,528,081 · end of year $27,350,223

  • 12 · Investments: other securities

    beginning of year $58,299 · end of year $57,860

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,544 · end of year $120,150

  • 18 · Grants payable

    beginning of year $100,000 · end of year $186,062

  • 19 · Deferred revenue

    end of year $9,540

  • 21 · Escrow or custodial account liability

    beginning of year $662,909 · end of year $677,129

  • 24 · Unsecured notes and loans payable

    beginning of year $400,000 · end of year $200,000

  • 25 · Other liabilities

    beginning of year $284,808 · end of year $213,558

  • 27 · Net assets without donor restrictions

    beginning of year $34,291,051 · end of year $28,198,738

  • 28 · Net assets with donor restrictions

    beginning of year $1,520,929 · end of year $1,326,733

Mission and programs · 2022

Mission

WE FOCUS ON ENHANCING THE HEALTH, HAPPINESS AND HOPE OF OUR CITIZENS THROUGH PERMANENT ENDOWMENTS THAT ADDRESS CURRENT AND ANTICIPATED COMMUNITY NEEDS AND RAISING, MANAGING, AND DISTRIBUTING THE FUNDS FOR THOSE PURPOSES.

Activities or mission (Part I)

TO ENHANCE THE QUALITY OF LIFE OF LENAWEE COUNTY CITIZENS PRIMARILY THROUGH ENDOWMENTS BY IDENTIFYING AND ADDRESSING CURRENT AND ANTICIPATED NEEDS, AND RAISING, MANAGING, AND DISTRIBUTION FUNDS FOR CHARITABLE PURPOSES IN THE AREAS OF CIVIC, CULTURAL, HEALTH, EDUCATION, AND HUMAN SERVICES,

  • PROVIDING EDUCATIONAL SCHOLARSHIPS TO ELIGIBLE STUDENTS FROM LENAWEE COUNTY.

    Expenses $238,507 · Grants $238,507

  • RECEIVE AND ADMINSTER FUNDS FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, BUT NOT LIMITED TO THE PROMOTION AND SUPPORT OF EDUCATION, COMMUNITY DEVELOPMENT, ART AND CULTURE, HEALTH AND SOCIAL SERVICES, AND CIVIC AFFAIRS. ALSO, PROVIDE INTERNAL PROGRAM SERVICES-GRANT MAKING FOR NON-PROFIT PROGRAMS AND CAPACITY BUILDING; VOLUNTEER LENAWEE; LENAWEE IMINGATION LIBRARY; HUNTERS HELPING LENAWEE; LENAWEE YOUTH COUNCIL AND LENAWEE YOUTH LEADERSHIP; AND SERVICE AS THE BACKBONE ORGANIZATION FOR WEEKEND SNACK SACKS AND LENAWEE COLLEGE ACCESS NETWORK.

    Expenses $3,475,957 · Grants $2,967,481

As filed on the 2022 return.

Listed in Part VII

  • Merri Jo Bales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Doug Gray

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Chuck Gross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Gurdjan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dave Hickman

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Scott Hill

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ben Negron

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Kapnick

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Paula Holtz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Pray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kris Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicole Underwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bob Vogel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dave Herriman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie Goll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patricia Gilpin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Williams

    PRESIDENT/CEO

    Total calculated
    $142,851
    From this org
    $118,924
    From related orgs
    $0
    Other
    $23,927
    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
11 May 2023
IRS schema version
2022v5.0
Source object
202331329349306393

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

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