Form 990 for tax year 2025
Filed by DEARBORN COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $5,749,886
- Total expenses
- $2,202,387
- Contributions and grants received
- $4,034,467
- Grants paid
- $1,666,718
- Program service revenue
- $0
- Investment income
- $1,652,152
- Other revenue
- $63,267
- Total assets, end of year
- $39,140,835
- Total liabilities, end of year
- $11,233,387
- Net assets or fund balances, end of year
- $27,907,448
- Program services expenses (Part IX)
- $1,972,201
- Management and general expenses
- $104,064
- Fundraising expenses
- $126,122
- Program service expenses (Part III)
- $1,972,201
Program services were 89.5% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$14,239
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$1,271,233
-
1f · All other contributions, gifts and grants
$2,748,995
-
1g · Noncash contributions included above
$5,799
-
3 · Investment income
total $1,563,242 · related or exempt $0 · unrelated business $0 · excluded $1,563,242
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $558,531 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $469,621 · other assets $0
-
7c · Gain or loss
securities $88,910 · other assets $0
-
7d · Net gain or loss
total $88,910 · related or exempt $0 · unrelated business $0 · excluded $88,910
-
8a · Fundraising events: gross income
$9,475
-
8a · Fundraising events: contributions included on line 1c
$14,239
-
8b · Fundraising events: direct expenses
$9,385
-
8c · Net income from fundraising events
total $90 · unrelated business $0 · excluded $90
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: Administrative Fee
total $56,797 · related or exempt $56,797 · unrelated business $0 · excluded $0
-
11b · Other revenue: Change in Value of Split Interest Agreements
total $6,380 · related or exempt $0 · unrelated business $0 · excluded $6,380
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$63,177
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,427,895 · program services $1,427,895
-
2 · Grants to domestic individuals
total $238,823 · program services $238,823
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $127,351 · program services $50,940 · management and general $12,735 · fundraising $63,676
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $160,806 · program services $95,734 · management and general $46,151 · fundraising $18,921
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $18,435 · program services $12,128 · management and general $4,325 · fundraising $1,982
-
10 · Payroll taxes
total $21,729 · program services $13,038 · management and general $3,259 · fundraising $5,432
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $1,958 · program services $392 · management and general $587 · fundraising $979
-
11c · Fees: accounting
total $15,910 · program services $665 · management and general $14,713 · fundraising $532
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $92,727 · program services $92,727 · management and general $0 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $11,645 · program services $2,329 · management and general $2,329 · fundraising $6,987
-
13 · Office expenses
total $7,420 · program services $2,968 · management and general $1,484 · fundraising $2,968
-
14 · Information technology
total $19,860 · program services $7,944 · management and general $3,972 · fundraising $7,944
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $16,427 · program services $6,571 · management and general $4,928 · fundraising $4,928
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $6,500 · program services $6,500 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $2,855 · program services $1,142 · management and general $856 · fundraising $857
-
23 · Insurance
total $4,882 · program services $1,221 · management and general $2,440 · fundraising $1,221
-
24a · Other expenses: Printing
total $8,473 · program services $3,389 · management and general $1,695 · fundraising $3,389
-
24b · Other expenses: Donor Development
total $2,290 · program services $0 · management and general $0 · fundraising $2,290
-
24c · Other expenses: Scholarship Promotion/Admin
total $4,926 · program services $4,926 · management and general $0 · fundraising $0
-
24e · All other expenses
total $11,475 · program services $2,869 · management and general $4,590 · fundraising $4,016
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $47,580 · end of year $51,412
-
2 · Savings and temporary cash investments
beginning of year $6,559,859 · end of year $7,443,610
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$155,251
-
10b · Land, buildings and equipment: accumulated depreciation
$149,731
-
10c · Land, buildings and equipment, net
beginning of year $6,252 · end of year $5,520
-
11 · Investments: publicly traded securities
beginning of year $26,213,173 · end of year $31,122,218
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $558,983 · end of year $518,075
-
17 · Accounts payable and accrued expenses
beginning of year $14,545 · end of year $15,749
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $6,500 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $10,475,163 · end of year $11,195,914
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $27,647 · end of year $21,724
-
27 · Net assets without donor restrictions
beginning of year $2,975,815 · end of year $3,924,332
-
28 · Net assets with donor restrictions
beginning of year $19,886,177 · end of year $23,983,116
Mission and programs · 2025
Mission
The Dearborn Community Foundation, Inc. is a catalyst to connect people who care with causes that improve the quality of life in our community by advancing cultural, educational and social opportunities, while preserving our community's heritage and helping donors to create a permanent legacy in Dearborn County.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,972,201 · Grants $1,666,718
As filed on the 2025 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Fred McCarter
Executive Director
- Total calculated
- $127,951
- From this org
- $116,688
- From related orgs
- $0
- Other
- $11,263
- Hours/week
- 40
-
Jon Strautman
Chairperson
- Total calculated
- $0
- Hours/week
- 3
-
Lisa Moorhead
President
- Total calculated
- $0
- Hours/week
- 3
-
Larry Campbell
Vice-President
- Total calculated
- $0
- Hours/week
- 3
-
Dave Lusby
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Bridget Davidson
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Becky Lyons
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jim Humphrey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeanne Lehn
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael Hollenbeck
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jan Tyler
Director
- Total calculated
- $0
- Hours/week
- 2
-
Linda Gellert
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andy Schoeff
Director
- Total calculated
- $0
- Hours/week
- 2
-
Casey Finnegan
Director
- Total calculated
- $0
- Hours/week
- 2
-
Gary Honchell
Director
- Total calculated
- $0
- Hours/week
- 2
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
-
$205,000
The Greendale Beautification project & purchasing a drone for the Greendale Police Department
-
Needs of the organization
-
$122,767
toward the $3 million addition of an 11-unit building at North Dearborn Village Senior Apartments contingent upon the organization providing proof it has secured the additional funds for completion of the project by April 1, 2026
-
Towards the purchase of a new rescue engine contingent upon the organization providing proof it has secured the additional funding for the total purchase and other needs of the organization
-
towards playground equipment contingent upon the organization providing proof it has secured additional funds to complete the playground project
-
$73,629
Endowment distribution & the beautification & landscaping around the flagpole area and memorial at the Huey helicopter in Aurora's Lesko Park
-
$71,439
Endowment distribution
-
$54,328
towards the construction of the Pickleball courts and other needs of the organization
-
Emergency boiler replacement, roof replacement, and other needs of the organization
-
$31,123
Technology needs for the school to include 40 Chromebooks, replacement data switches, network support, maintenance, backup, subscription
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.0
- Source object
- 202632399349300228
The source document this was parsed from is served over the API, which is where bulk and document access live.