Form 990 for tax year 2022
Filed by MCMINNVILLE AREA COMMUNITY FOUNDATION.
Totals
- Total revenue
- $1,155,842
- Total expenses
- $107,441
- Contributions and grants received
- $1,069,730
- Grants paid
- $79,011
- Program service revenue
- $0
- Investment income
- $86,112
- Other revenue
- $0
- Total assets, end of year
- $10,182,467
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $10,182,467
- Program services expenses (Part IX)
- $79,011
- Management and general expenses
- $28,430
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $79,011
Program services were 73.5% 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.
-
1f · All other contributions, gifts and grants
$1,069,730
-
1g · Noncash contributions included above
$49,951
-
3 · Investment income
total $79,835 · excluded $79,835
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $35,855
-
7b · Less cost or other basis and sales expenses
securities $29,578
-
7c · Gain or loss
securities $6,277
-
7d · Net gain or loss
total $6,277 · related or exempt $6,277
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $79,011 · program services $79,011
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $17,307 · management and general $17,307
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $1,113 · management and general $1,113
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $924 · management and general $924
-
24a · Other expenses: Inter Fund Tranfer
total $7,878 · management and general $7,878
-
24b · Other expenses: Filing Fees
total $1,208 · management and general $1,208
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,083 · end of year $13,960
-
2 · Savings and temporary cash investments
beginning of year $134,815 · end of year $168,434
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,103,333 · end of year $2,685,325
-
12 · Investments: other securities
beginning of year $7,314,748 · end of year $7,314,748
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $9,577,979 · end of year $10,182,467
Mission and programs · 2022
Mission
To be a leader in the facilitation and development of philanthropy in the McMinnville area.
-
Yamhill County Enrichment Society to provide literacy & music enrichment to children
Expenses $10,501 · Grants $10,501
-
Grant to Linfield College to support education
Expenses $10,371 · Grants $10,371
-
Yamhill County Historical Society grant to support county museum
Expenses $7,398 · Grants $7,398
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jennifer Ferro
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Rene Bittle
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Jeb Bladine
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Allan Larsen
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Steve Rupp
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Steven Fitzpatrick
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
David Haugeberg
President
- Total calculated
- $0
- Hours/week
- 4
-
Dianne Haugeberg
Secretary
- Total calculated
- $0
- Hours/week
- 3
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
-
Yamhill County Enrichment Soc
$10,501
-
Linfield College
$10,371
-
Yamhill County Historical Soc
$7,398
-
Soil & Water Conservation Dis
$5,447
-
McMinnville Swim Club
$5,268
-
Rotary Youth Exchange
$5,026
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
McMinnville Industrial Promotion
C Corp · Real Estate Holding · OR · 79% owned · share of income $146,392 · share of assets $4,625,773
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311219349301711
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