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Nonprofiteer
← COMMUNITY FOUNDATION ALLIANCE INC

Form 990 for tax year 2024

Filed by COMMUNITY FOUNDATION ALLIANCE INC.

Totals

Total revenue
$23,051,770
Total expenses
$12,404,634
Contributions and grants received
$15,998,084
Grants paid
$9,547,129
Program service revenue
$27,000
Investment income
$7,026,686
Other revenue
$0
Total assets, end of year
$167,856,552
Total liabilities, end of year
$8,046,960
Net assets or fund balances, end of year
$159,809,592
Program services expenses (Part IX)
$10,947,038
Management and general expenses
$763,679
Fundraising expenses
$693,917
Program service expenses (Part III)
$10,947,038

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.

  • 1f · All other contributions, gifts and grants

    $15,998,084

  • 1g · Noncash contributions included above

    $321,100

  • 2a · Program service revenue: ADMINISTRATIVE INCOME

    total $27,000 · related or exempt $27,000

  • 3 · Investment income

    total $4,689,245 · unrelated business -$3,381 · excluded $4,692,626

  • 7a · Gross sales of assets other than inventory

    securities $26,360,572

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

    securities $24,017,429 · other assets $5,702

  • 7c · Gain or loss

    securities $2,343,143 · other assets -$5,702

  • 7d · Net gain or loss

    total $2,337,441 · excluded $2,337,441

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,824,336 · program services $8,824,336

  • 2 · Grants to domestic individuals

    total $722,793 · program services $722,793

  • 5 · Compensation of officers, directors and key employees

    total $505,646 · program services $213,064 · management and general $130,121 · fundraising $162,461

  • 7 · Other salaries and wages

    total $969,988 · program services $408,722 · management and general $249,612 · fundraising $311,654

  • 8 · Pension plan contributions

    total $33,741 · program services $14,217 · management and general $8,683 · fundraising $10,841

  • 9 · Other employee benefits

    total $131,888 · program services $55,573 · management and general $33,939 · fundraising $42,376

  • 10 · Payroll taxes

    total $104,718 · program services $44,125 · management and general $26,948 · fundraising $33,645

  • 11b · Fees: legal

    total $15,391 · management and general $15,391

  • 11c · Fees: accounting

    total $25,550 · management and general $25,550

  • 11f · Fees: investment management

    total $328,474 · program services $328,474

  • 12 · Advertising and promotion

    total $56,655 · fundraising $56,655

  • 13 · Office expenses

    total $36,352 · management and general $36,352

  • 14 · Information technology

    total $100,217 · program services $30,065 · management and general $70,152

  • 16 · Occupancy

    total $117,059 · program services $48,222 · management and general $32,067 · fundraising $36,770

  • 17 · Travel

    total $57,656 · program services $17,950 · management and general $10,962 · fundraising $28,744

  • 19 · Conferences, conventions and meetings

    total $59,382 · management and general $59,382

  • 22 · Depreciation, depletion and amortization

    total $27,467 · program services $11,574 · management and general $7,068 · fundraising $8,825

  • 24a · Other expenses: CONSULTING AND RESEARCH

    total $218,220 · program services $193,555 · management and general $24,665 · fundraising $0

  • 24b · Other expenses: PROFESSIONAL DEVELOPMEN

    total $39,507 · program services $34,368 · management and general $5,139 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS

    total $17,237 · management and general $15,291 · fundraising $1,946

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $12,357 · management and general $12,357

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $80,767 · end of year $255,378

  • 2 · Savings and temporary cash investments

    beginning of year $10,876,132 · end of year $16,334,714

  • 3 · Pledges and grants receivable

    beginning of year $124,021 · end of year $454,370

  • 4 · Accounts receivable

    beginning of year $179,486 · end of year $101,132

  • 9 · Prepaid expenses and deferred charges

    beginning of year $25,760 · end of year $4,965

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

    $235,078

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

    $142,219

  • 10c · Land, buildings and equipment, net

    beginning of year $78,219 · end of year $92,859

  • 11 · Investments: publicly traded securities

    beginning of year $115,555,493 · end of year $129,434,468

  • 12 · Investments: other securities

    beginning of year $18,932,213 · end of year $20,258,629

  • 15 · Other assets

    beginning of year $3,137,568 · end of year $920,037

  • 17 · Accounts payable and accrued expenses

    beginning of year $85,753 · end of year $24,205

  • 18 · Grants payable

    beginning of year $803,212 · end of year $806,397

  • 21 · Escrow or custodial account liability

    beginning of year $6,286,119 · end of year $6,823,753

  • 25 · Other liabilities

    beginning of year $460,580 · end of year $392,605

  • 27 · Net assets without donor restrictions

    beginning of year $4,297,813 · end of year $5,011,049

  • 28 · Net assets with donor restrictions

    beginning of year $137,056,182 · end of year $154,798,543

Mission and programs · 2024

Mission

THE COMMUNITY FOUNDATION ALLIANCE WORKS TOWARD A THRIVING SOUTHWEST INDIANA FOR ALL, FOR GENERATIONS TO COME. WE CULTIVATE RESOURCES AND RELATIONSHIPS TO ADDRESS THE EVOLVING NEEDS OF SOUTHWEST INDIANA. WE SERVE ALL NINE COUNTIES IN OUR REGION - DAVIESS, GIBSON, KNOX, PERRY, PIKE, POSEY, SPENCER, VANDERBURGH, AND WARRICK - TURNING GENEROSITY INTO LASTING LOCAL IMPACT. WE HELP DONORS TRANSFORM THEIR GIVING INTO MEANINGFUL, MEASURABLE CHANGE THAT STRENGTHENS OUR COMMUNITIES TODAY AND FOR GENERATIONS TO COME.

Activities or mission (Part I)

THE COMMUNITY FOUNDATION ALLIANCE INC IS A CHARITABLE RESOURCE DEVOTED TO ITS LOCAL COMMUNITIES. THE ORGANIZATION HELPS PEOPLE MAKE MEANINGFUL GIFTS THAT IMPROVE LIFE IN DAVIESS, GIBSON, KNOX, PERRY, PIKE, POSEY, SPENCER, VANDERBAUGH, AND WARRICK COUNTIES TODAY AND FOR GENERATIONS TO COME.

  • HEALTH AND HUMAN SERVICES - GRANTS IN THIS CATEGORY SUPPORTED PROGRAMS THAT IMPROVE HEALTH, WELLNESS, AND ACCESS TO ESSENTIAL SERVICES FOR INDIVIDUALS AND FAMILIES. FUNDING PROVIDED HEALTH CARE FOR UNINSURED WOMEN AND LOW-INCOME CHILDREN, NUTRITION AND FOOD PROGRAMS, ADAPTIVE EQUIPMENT FOR SPECIAL NEEDS POPULATIONS, CHILDCARE INITIATIVES, AND TUTORING PROGRAMS. THESE INVESTMENTS STRENGTHEN COMMUNITY RESILIENCE AND HELP FAMILIES BUILD PATHWAYS TO LONG-TERM SUCCESS.

    Expenses $5,518,039 · Grants $4,812,391 · Revenue $27,000

  • COMMUNITY DEVELOPMENT AND RECREATION - THIS CATEGORY REFLECTS GRANTS THAT ENHANCE THE LIVABILITY AND CONNECTEDNESS OF OUR COMMUNITIES. FUNDING SUPPORTED MAINTENANCE AND EQUIPMENT FOR PARKS AND PLAYGROUNDS, IMPROVEMENTS TO DOWNTOWN AREAS AND COMMUNITY CENTERS, AND COMMUNITY-WIDE EVENTS. BY INVESTING IN SPACES, EXPERIENCES, AND PROGRAMS THAT BRING PEOPLE TOGETHER, THESE GRANTS FOSTER ENGAGEMENT, STRENGTHEN NEIGHBORHOODS, AND IMPROVE QUALITY OF LIFE ACROSS THE REGION.

    Expenses $2,023,826 · Grants $1,765,019

  • EDUCATION AND SCHOLARSHIPS - GRANTS SUPPORTING EDUCATION AND SKILLS DEVELOPMENT ARE REPORTED HERE, INCLUDING SCHOLARSHIPS, LIBRARY PROGRAMS, TUTORING, AND WORKFORCE DEVELOPMENT INITIATIVES. THESE INVESTMENTS PROVIDE RESIDENTS WITH THE TOOLS AND OPPORTUNITIES TO GROW PERSONALLY AND PROFESSIONALLY, SUPPORTING PATHWAYS TO ECONOMIC MOBILITY AND LONG-TERM SUCCESS.

    Expenses $1,695,558 · Grants $1,478,730

  • YOUTH DEVELOPMENT, RELIGION AND SPIRITUAL DEVELOPMENT, ENVIRONMENT, ARTS AND CULTURE.

    Expenses $1,709,615 · Grants $1,490,989

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alyssa Ricker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Hertel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Craig Kirk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ed Hagedorn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hans Schmitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Barisano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jody Giles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Dudenhoeffer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jon Craig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kari Fluegel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Schultz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leslie Mustard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Waterman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patsy Alvey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Belmore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tim Huber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Laura Byers

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Eric Reed

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Griffin

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Lori Newman

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jill Carpenter

    CEO/SECRETARY

    Total calculated
    $213,479
    From this org
    $195,921
    From related orgs
    $0
    Other
    $17,558
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,921
    Bonus
    $0
    Other
    $0
    Deferred
    $5,878
    Nontaxable benefits
    $11,680
    Filer's total
    $213,479

  • Timothy Jones

    CFO

    Total calculated
    $144,204
    From this org
    $140,004
    From related orgs
    $0
    Other
    $4,200
    Hours/week
    40

  • Melinda Waldroup

    CHIEF PROGRAM OFFICER

    Total calculated
    $116,393
    From this org
    $101,890
    From related orgs
    $0
    Other
    $14,503
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE CEO'S SALARY IS DETERMINED BY UTILIZING PEER COMPARISONS, NATIONAL SALARY SURVEY'S, AND A REVIEW COMMITTEE MADE UP OF BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
26 March 2026
IRS schema version
2024v5.5
Source object
202640909349301609

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

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