Skip to content
Nonprofiteer
← SOUTH CENTRAL IOWA COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by SOUTH CENTRAL IOWA COMMUNITY FOUNDATION.

Totals

Total revenue
$1,925,585
Total expenses
$709,096
Contributions and grants received
$264,816
Grants paid
$512,226
Program service revenue
$0
Investment income
$1,660,769
Other revenue
$0
Total assets, end of year
$16,710,529
Total liabilities, end of year
$2,910
Net assets or fund balances, end of year
$16,707,619
Program services expenses (Part IX)
$512,226
Management and general expenses
$181,259
Fundraising expenses
$15,611
Program service expenses (Part III)
$512,226

Program services were 72.2% 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

    $264,816

  • 3 · Investment income

    total $378,025 · excluded $378,025

  • 7a · Gross sales of assets other than inventory

    securities $1,282,744

  • 7c · Gain or loss

    securities $1,282,744

  • 7d · Net gain or loss

    total $1,282,744 · excluded $1,282,744

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $512,226 · program services $512,226

  • 5 · Compensation of officers, directors and key employees

    total $84,615 · management and general $76,923 · fundraising $7,692

  • 7 · Other salaries and wages

    total $24,483 · management and general $21,264 · fundraising $3,219

  • 11b · Fees: legal

    total $38,159 · management and general $38,159

  • 11c · Fees: accounting

    total $20,800 · management and general $20,800

  • 13 · Office expenses

    total $13,790 · management and general $13,790

  • 17 · Travel

    total $4,704 · management and general $4,704

  • 22 · Depreciation, depletion and amortization

    total $3,231 · management and general $3,231

  • 24a · Other expenses: Other expenses

    total $7,088 · management and general $2,388 · fundraising $4,700

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $211,235 · end of year $152,064

  • 2 · Savings and temporary cash investments

    beginning of year $242,041 · end of year $224,081

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

    $124,391

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

    $25,559

  • 10c · Land, buildings and equipment, net

    beginning of year $102,064 · end of year $98,832

  • 11 · Investments: publicly traded securities

    beginning of year $14,937,777 · end of year $16,235,552

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,986 · end of year $2,910

  • 27 · Net assets without donor restrictions

    beginning of year $15,491,131 · end of year $16,707,619

Mission and programs · 2024

Mission

Improve lives of South Central Iowa Community

  • Grants to various charitable and community organizations for support of community projects and improvements.

    Expenses $512,226

As filed on the 2024 return.

Listed in Part VII

  • Dennis Jeter

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Erik Niggemeyer

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Melissa Snell

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Ray Thurlby

    Director

    Total calculated
    $0
    Hours/week
    1

  • Hanna Gwinn

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mike Frost

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tracy Barnes

    Director

    Total calculated
    $0
    Hours/week
    1

  • Shannon Lecy

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Sarah Long

    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

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

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.2
Source object
202611349349313476

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.