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Nonprofiteer
← CROWN POINT COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by CROWN POINT COMMUNITY FOUNDATION INC.

Totals

Total revenue
$3,441,668
Total expenses
$2,059,713
Contributions and grants received
$872,981
Grants paid
$1,477,628
Program service revenue
$0
Investment income
$2,568,687
Other revenue
$0
Total assets, end of year
$33,745,301
Total liabilities, end of year
$3,102,387
Net assets or fund balances, end of year
$30,642,914
Program services expenses (Part IX)
$1,673,776
Management and general expenses
$247,681
Fundraising expenses
$138,256
Program service expenses (Part III)
$1,673,776

Program services were 81.3% 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

    $872,981

  • 1g · Noncash contributions included above

    $44,698

  • 3 · Investment income

    total $1,247,032 · excluded $1,247,032

  • 7a · Gross sales of assets other than inventory

    securities $11,638,785

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

    securities $10,317,130

  • 7c · Gain or loss

    securities $1,321,655

  • 7d · Net gain or loss

    total $1,321,655 · excluded $1,321,655

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,095,071 · program services $1,095,071

  • 2 · Grants to domestic individuals

    total $382,557 · program services $382,557

  • 5 · Compensation of officers, directors and key employees

    total $115,350 · program services $50,058 · management and general $30,229 · fundraising $35,063

  • 7 · Other salaries and wages

    total $162,647 · program services $70,085 · management and general $44,048 · fundraising $48,514

  • 8 · Pension plan contributions

    total $4,753 · program services $2,142 · management and general $1,018 · fundraising $1,593

  • 9 · Other employee benefits

    total $11,518 · program services $5,191 · management and general $2,466 · fundraising $3,861

  • 10 · Payroll taxes

    total $19,629 · program services $8,847 · management and general $4,202 · fundraising $6,580

  • 11c · Fees: accounting

    total $14,262 · management and general $14,262

  • 11f · Fees: investment management

    total $122,268 · management and general $122,268

  • 12 · Advertising and promotion

    total $32,548 · program services $5,533 · management and general $1,627 · fundraising $25,388

  • 13 · Office expenses

    total $9,942 · program services $3,472 · management and general $1,662 · fundraising $4,808

  • 14 · Information technology

    total $4,966 · management and general $4,966

  • 16 · Occupancy

    total $20,264 · program services $3,793 · management and general $12,677 · fundraising $3,794

  • 17 · Travel

    total $3,908 · program services $3,908

  • 22 · Depreciation, depletion and amortization

    total $1,182 · program services $118 · management and general $946 · fundraising $118

  • 23 · Insurance

    total $4,296 · program services $430 · management and general $3,436 · fundraising $430

  • 24a · Other expenses: PROGRAM EXPENSES

    total $38,599 · program services $38,599

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $11,628 · program services $3,954 · management and general $3,837 · fundraising $3,837

  • 24c · Other expenses: ONLINE DONATION FEES

    total $4,251 · fundraising $4,251

  • 24d · Other expenses: MISCELLANEOUS

    total $74 · program services $18 · management and general $37 · fundraising $19

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,829,855 · end of year $5,091,097

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

    $14,529

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

    $13,112

  • 10c · Land, buildings and equipment, net

    beginning of year $2,599 · end of year $1,417

  • 11 · Investments: publicly traded securities

    beginning of year $35,084,246 · end of year $28,652,787

  • 21 · Escrow or custodial account liability

    beginning of year $3,653,926 · end of year $3,102,387

  • 27 · Net assets without donor restrictions

    beginning of year $797,594 · end of year $919,606

  • 28 · Net assets with donor restrictions

    beginning of year $34,465,180 · end of year $29,723,308

Mission and programs · 2022

Mission

THE ORGANIZATION IS AN INDIANA NOT-FOR-PROFIT CORPORATION FORMED TO ENRICH THE QUALITY OF LIFE IN CROWN POINT AND SOUTH LAKE COUNTY INDIANA BY INSPIRING GENEROSITY.

Activities or mission (Part I)

TO ENRICH THE QUALITY OF LIFE IN CROWN POINT AND SOUTH LAKE COUNTY INDIANA BY INSPIRING GENEROSITY.

  • AS A PUBLIC, TAX-EXEMPT, PHILANTHROPIC ORGANIZATION, THE CROWN POINT COMMUNITY FOUNDATION (CPCF) SOLICITS AND DEVELOPS ENDOWED AND NON-ENDOWED FUNDS BENEFITING NOT-FOR-PROFIT ORGANIZATIONS. THE CPCF CONSIDERS AND MAKES GRANTS TO OUR NONPROFIT PARTNERS FOR FUNDING OPPORTUNITIES INCLUDING, BUT NOT LIMITED TO: EDUCATION, HEALTH & HUMAN SERVICES, CIVIC AFFAIRS, PRESERVATION, ARTS & CULTURE, YOUTH DEVELOPMENT, AND RELIGION PROGRAMS. THESE GRANT DISTRIBUTIONS HELP TO ENRICH THE QUALITY OF LIFE FOR CITIZENS PRIMARILY IN CROWN POINT AND SOUTH LAKE COUNTY INDIANA. THE GRANTS ENABLE THE CPCF TO RESPOND TO THE CHANGING NEEDS OF THE COMMUNITIES WE SERVE.

    Expenses $1,291,219 · Grants $1,095,071

  • OUR DONORS AND THE COMMUNITY ALSO SUPPORT OUR THRIVING SCHOLARSHIP PROGRAM. THE CPCF SCHOLARSHIP PROGRAM PROVIDES FUNDING TO STUDENTS PURSUING ADVANCED DEGREES AND FOR VOCATIONAL STUDIES. IN 2022, THE FOUNDATION AWARDED 141 SCHOLARSHIPS TOUCHING STUDENTS IN NEED OF FINANCIAL ASSISTANCE. THE CPCF WORKS WITH DONORS TO INSURE THEIR DONOR INTENTION. WORKING WITH DONORS, THE CPCF IDENTIFIES THE CRITERIA AND ADMINISTERS THE SCHOLARSHIPS.

    Expenses $382,557 · Grants $382,557

As filed on the 2022 return.

Listed in Part VII

  • Corey Liss

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    2
  • Dan Duncan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Daniel Root

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dean Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Indira Brigham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jeffrey Ban

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Ritter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Manis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kevin Huseman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Larry Geisen

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    2
  • Lb Angel

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    2
  • Mariyln Kaper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Pamela Seaman

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    2
  • Benjamin Ballou

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • John Barney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chrisanne Christ

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Mike Dexter

    1ST VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Cyndi Walsh

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Darryl Miller

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Greg Forsythe

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Mary Nielsen

    PRESIDENT

    Total calculated
    $115,350
    From this org
    $93,795
    From related orgs
    $0
    Other
    $21,555
    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
21 March 2023
IRS schema version
2022v5.0
Source object
202300979349301320

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

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