Skip to content
Nonprofiteer
← NORTHERN INDIANA COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by NORTHERN INDIANA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$6,578,634
Total expenses
$4,830,476
Contributions and grants received
$3,314,999
Grants paid
$2,556,522
Program service revenue
$897,980
Investment income
$2,239,158
Other revenue
$126,497
Total assets, end of year
$57,996,369
Total liabilities, end of year
$4,025,275
Net assets or fund balances, end of year
$53,971,094
Program services expenses (Part IX)
$3,130,470
Management and general expenses
$1,324,462
Fundraising expenses
$375,544
Program service expenses (Part III)
$3,130,470

Program services were 64.8% 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

    $3,314,999

  • 1g · Noncash contributions included above

    $556,505

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $897,980 · related or exempt $897,980

  • 3 · Investment income

    total $1,772,652 · excluded $1,772,652

  • 7a · Gross sales of assets other than inventory

    securities $10,101,123

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

    securities $9,634,617

  • 7c · Gain or loss

    securities $466,506

  • 7d · Net gain or loss

    total $466,506 · related or exempt $466,506

  • 11a · Other revenue: AMRT OF DISCOUNT ON TRUST REC

    total $115,157 · related or exempt $115,157

  • 11b · Other revenue: MISCELLANEOUS

    total $11,340 · related or exempt $11,340

  • 11e · Other revenue, total

    $126,497

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,182,828 · program services $2,182,828

  • 2 · Grants to domestic individuals

    total $373,694 · program services $373,694

  • 5 · Compensation of officers, directors and key employees

    total $129,994 · program services $45,498 · management and general $33,798 · fundraising $50,698

  • 7 · Other salaries and wages

    total $376,265 · program services $131,693 · management and general $97,829 · fundraising $146,743

  • 8 · Pension plan contributions

    total $25,952 · program services $9,083 · management and general $6,748 · fundraising $10,121

  • 9 · Other employee benefits

    total $55,751 · program services $19,513 · management and general $14,495 · fundraising $21,743

  • 10 · Payroll taxes

    total $39,465 · program services $13,813 · management and general $10,261 · fundraising $15,391

  • 11a · Fees: management

    total $897,846 · management and general $897,846

  • 11c · Fees: accounting

    total $34,531 · program services $12,086 · management and general $8,978 · fundraising $13,467

  • 11f · Fees: investment management

    total $202,648 · management and general $202,648

  • 13 · Office expenses

    total $23,070 · program services $8,075 · management and general $5,998 · fundraising $8,997

  • 16 · Occupancy

    total $28,346 · program services $9,921 · management and general $7,370 · fundraising $11,055

  • 19 · Conferences, conventions and meetings

    total $33,311 · program services $11,659 · management and general $8,661 · fundraising $12,991

  • 20 · Interest

    total $467 · management and general $467

  • 22 · Depreciation, depletion and amortization

    total $30,635 · program services $10,722 · management and general $7,965 · fundraising $11,948

  • 23 · Insurance

    total $9,140 · program services $3,199 · management and general $2,376 · fundraising $3,565

  • 24a · Other expenses: DIRECT PROGRAM SUPPORT

    total $275,829 · program services $275,829

  • 24b · Other expenses: LEASE EXPENSE

    total $65,306 · program services $22,857 · management and general $16,980 · fundraising $25,469

  • 24c · Other expenses: OTHER FUNDRAISING EXPENSE

    total $43,356 · fundraising $43,356

  • 24d · Other expenses: MISCELLANEOUS EXPENSE

    total $2,042 · management and general $2,042

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100 · end of year $100

  • 2 · Savings and temporary cash investments

    beginning of year $2,843,300 · end of year $2,232,598

  • 3 · Pledges and grants receivable

    beginning of year $3,332,961 · end of year $3,448,118

  • 4 · Accounts receivable

    beginning of year $657 · end of year $650

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,163 · end of year $33,547

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

    $498,786

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

    $126,498

  • 10c · Land, buildings and equipment, net

    beginning of year $398,222 · end of year $372,288

  • 11 · Investments: publicly traded securities

    beginning of year $57,542,252 · end of year $51,666,833

  • 15 · Other assets

    beginning of year $244,445 · end of year $242,235

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,905 · end of year $8,378

  • 25 · Other liabilities

    beginning of year $4,727,602 · end of year $4,016,897

  • 27 · Net assets without donor restrictions

    beginning of year $924,897 · end of year $1,038,366

  • 28 · Net assets with donor restrictions

    beginning of year $58,726,696 · end of year $52,932,728

Mission and programs · 2022

Mission

OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES BY ASSISTING DONORS IN FULFILLING THEIR CHARITABLE WISHES FOREVER.

  • THE FOUNDATION IS DEDICATED TO EDUCATING, COMMUNICATING AND CELEBRATING COMMUNITY SPIRIT THROUGH THE GENEROUSITY OF OUR DONORS. IN 2021, 195 SCHOLARSHIPS WERE AWARDED ALONG WITH GRANTS TO MANY NOT-FOR-PROFITS. THE PURPOSE OF THE GRANTS WERE ARTS/CULTURE, EDUCATION, HEALTH, ENVIRONMENT, HUMAN SERVICES, COMMUNITY DEVELOPMENT AND YOUTH.

    Expenses $2,686,287 · Grants $2,289,091 · Revenue $745,324

  • THE FOUNDATION HOLDS SEVERAL NON-PERMANENT FUNDS FOR LOCAL AGENCIES AND PROJECTS. THIS GIVES THE AGENCIES AND PROJECTS ACCOUNTABILITY TO THEIR DONORS.

    Expenses $444,183 · Grants $267,431 · Revenue $152,656

As filed on the 2022 return.

Listed in Part VII

  • JAY ALBRIGHT

    EXECUTIVE DI

    Total calculated
    $137,194
    From this org
    $129,994
    From related orgs
    $0
    Other
    $7,200
    Hours/week
    40

  • DOUG KUEPPER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • KENT BURTON

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • PENNY RAMSEY

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MARCIA MINARD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • LYN ALTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL KUHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LINDA LEASURE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM LONG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JESSICA MARTINOVIC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JILL MILES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHERYL ORKIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHIRLEY RIPPY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JUDY SHROCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JODI WYNN

    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
2022
Filed
18 October 2023
IRS schema version
2022v5.0
Source object
202303489349301290

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.