Form 990 for tax year 2024
Filed by IOWA CENTRAL COMMUNITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $2,228,274
- Total expenses
- $1,005,519
- Contributions and grants received
- $1,569,588
- Grants paid
- $870,209
- Program service revenue
- $0
- Investment income
- $658,393
- Other revenue
- $293
- Total assets, end of year
- $13,796,039
- Total liabilities, end of year
- $56,097
- Net assets or fund balances, end of year
- $13,739,942
- Program services expenses (Part IX)
- $887,166
- Management and general expenses
- $87,195
- Fundraising expenses
- $31,158
- Program service expenses (Part III)
- $887,166
Program services were 88.2% 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.
-
1c · Fundraising events
$4,801
-
1f · All other contributions, gifts and grants
$1,564,787
-
3 · Investment income
total $279,250 · excluded $279,250
-
7a · Gross sales of assets other than inventory
securities $1,625,766
-
7b · Less cost or other basis and sales expenses
securities $1,246,623
-
7c · Gain or loss
securities $379,143
-
7d · Net gain or loss
total $379,143 · excluded $379,143
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$4,801
-
8b · Fundraising events: direct expenses
$3,557
-
8c · Net income from fundraising events
total -$3,557 · excluded -$3,557
-
10a · Gross sales of inventory
$185,396
-
10b · Cost of goods sold
$181,546
-
10c · Net income from sales of inventory
total $3,850 · related or exempt $3,850
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $557,916 · program services $557,916
-
2 · Grants to domestic individuals
total $312,293 · program services $312,293
-
11g · Fees: other
total $101,058 · management and general $69,930 · fundraising $31,128
-
22 · Depreciation, depletion and amortization
total $16,319 · management and general $16,319
-
24a · Other expenses: SUPPLIES AND PRINTING
total $16,987 · program services $16,957 · fundraising $30
-
24b · Other expenses: MISCELLANEOUS
total $946 · management and general $946
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,125,759 · end of year $750,470
-
4 · Accounts receivable
beginning of year $22,894 · end of year $16,970
-
9 · Prepaid expenses and deferred charges
beginning of year $19,845 · end of year $70,442
-
10a · Land, buildings and equipment: cost or other basis
$2,007,615
-
10b · Land, buildings and equipment: accumulated depreciation
$193,857
-
10c · Land, buildings and equipment, net
beginning of year $1,830,077 · end of year $1,813,758
-
11 · Investments: publicly traded securities
beginning of year $9,067,410 · end of year $11,144,399
-
17 · Accounts payable and accrued expenses
beginning of year $21,832 · end of year $17,932
-
19 · Deferred revenue
end of year $38,165
-
27 · Net assets without donor restrictions
beginning of year $5,193,480 · end of year $5,687,426
-
28 · Net assets with donor restrictions
beginning of year $6,850,673 · end of year $8,052,516
Mission and programs · 2024
Mission
THE FOUNDATION'S PURPOSE IS TO RECEIVE AND MANAGE BEQUESTS, GIFTS, DONATIONS AND CONTRIBUTIONS MADE TO OR FOR THE USE OF IOWA CENTRAL COMMUNITY COLLEGE.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $887,166 · Grants $870,209 · Revenue $3,850
As filed on the 2024 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
-
Chris DealCHRIS DEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Parker AdenPARKER ADEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick LeitingPATRICK LEITING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deb ZemkeDEB ZEMKE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Leon StreitLEON STREIT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Larry HechtLARRY HECHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sara CarlsonSARA CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zak ClarkZAK CLARK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer CrimminsJENNIFER CRIMMINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James MeyerJAMES MEYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary MoritzGARY MORITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gabe PettitGABE PETTIT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary LudwigMARY LUDWIG
EXECUTIVE DIRECTOR
- Total calculated
- $131,820
- From this org
- $0
- From related orgs
- $98,734
- Other
- $33,086
- 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
-
IOWA CENTRAL COMMUNITY COLLEGE
$557,916
CENTER FOR PERFORMING ARTS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
IOWA CENTRAL COMMUNITY COLLEGE
170(B)1(A)(II) · EDUCATION · IA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601359349316265
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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