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Nonprofiteer
← MT PLEASANT AREA COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by MT PLEASANT AREA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$2,737,594
Total expenses
$1,556,621
Contributions and grants received
$1,514,596
Grants paid
$1,058,592
Program service revenue
$46,091
Investment income
$1,168,182
Other revenue
$8,725
Total assets, end of year
$26,233,887
Total liabilities, end of year
$4,676,123
Net assets or fund balances, end of year
$21,557,764
Program services expenses (Part IX)
$1,274,855
Management and general expenses
$234,207
Fundraising expenses
$47,559
Program service expenses (Part III)
$1,274,855

Program services were 81.9% 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

    $45,195

  • 1e · Government grants (contributions)

    $27,118

  • 1f · All other contributions, gifts and grants

    $1,442,283

  • 1g · Noncash contributions included above

    $10,544

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $46,091 · related or exempt $46,091

  • 3 · Investment income

    total $515,403 · related or exempt $515,403

  • 7a · Gross sales of assets other than inventory

    securities $13,615,910

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

    securities $12,963,131

  • 7c · Gain or loss

    securities $652,779

  • 7d · Net gain or loss

    total $652,779 · related or exempt $652,779

  • 8a · Fundraising events: gross income

    $10,475

  • 8a · Fundraising events: contributions included on line 1c

    $45,195

  • 8b · Fundraising events: direct expenses

    $9,118

  • 8c · Net income from fundraising events

    total $1,357 · excluded $1,357

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $7,368 · related or exempt $7,368

  • 11e · Other revenue, total

    $7,368

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $919,892 · program services $919,892

  • 2 · Grants to domestic individuals

    total $138,700 · program services $138,700

  • 5 · Compensation of officers, directors and key employees

    total $98,850 · program services $55,433 · management and general $17,817 · fundraising $25,600

  • 7 · Other salaries and wages

    total $136,948 · program services $69,179 · management and general $60,280 · fundraising $7,489

  • 8 · Pension plan contributions

    total $7,956 · program services $4,319 · management and general $2,829 · fundraising $808

  • 9 · Other employee benefits

    total $3,707 · program services $1,885 · management and general $1,822

  • 10 · Payroll taxes

    total $17,446 · program services $9,184 · management and general $5,882 · fundraising $2,380

  • 11c · Fees: accounting

    total $22,525 · management and general $22,525

  • 11f · Fees: investment management

    total $74,608 · program services $74,608

  • 12 · Advertising and promotion

    total $12,738 · management and general $12,738

  • 13 · Office expenses

    total $10,492 · management and general $10,492

  • 14 · Information technology

    total $28,154 · management and general $28,154

  • 16 · Occupancy

    total $13,050 · management and general $13,050

  • 17 · Travel

    total $2,455 · management and general $2,455

  • 19 · Conferences, conventions and meetings

    total $22,175 · management and general $12,373 · fundraising $9,802

  • 22 · Depreciation, depletion and amortization

    total $16,174 · management and general $16,174

  • 23 · Insurance

    total $7,869 · management and general $7,869

  • 24a · Other expenses: DUES

    total $7,951 · management and general $7,951

  • 24b · Other expenses: PROFESSIONAL DEVELOPMENT

    total $6,755 · management and general $6,755

  • 24c · Other expenses: TRUSTEE DEVELOPMENT

    total $3,719 · management and general $3,719

  • 24d · Other expenses: MISCELLANEOUS

    total $3,135 · program services $1,655 · fundraising $1,480

  • 24e · All other expenses

    total $1,322 · management and general $1,322

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $393,889 · end of year $395,234

  • 2 · Savings and temporary cash investments

    beginning of year $525,730 · end of year $590,775

  • 3 · Pledges and grants receivable

    beginning of year $27,080 · end of year $20,900

  • 7 · Other notes and loans receivable

    beginning of year $13,135 · end of year $12,129

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,996 · end of year $4,126

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

    $667,457

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

    $248,440

  • 10c · Land, buildings and equipment, net

    beginning of year $435,191 · end of year $419,017

  • 11 · Investments: publicly traded securities

    beginning of year $27,555,615 · end of year $23,781,794

  • 12 · Investments: other securities

    beginning of year $529,024

  • 15 · Other assets

    beginning of year $1,138,863 · end of year $1,009,912

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,172 · end of year $8,506

  • 18 · Grants payable

    beginning of year $50,741 · end of year $36,665

  • 19 · Deferred revenue

    beginning of year $5,526 · end of year $5,526

  • 21 · Escrow or custodial account liability

    beginning of year $5,562,903 · end of year $4,625,426

  • 27 · Net assets without donor restrictions

    beginning of year $23,828,238 · end of year $20,526,952

  • 28 · Net assets with donor restrictions

    beginning of year $1,165,943 · end of year $1,030,812

Mission and programs · 2022

Mission

TO ENHANCE THE QUALITY OF LIFE FOR ALL CITIZENS OF ISABELLA COUNTY, NOW AND FOR GENERATIONS TO COME, BY ATTRACTING AND HOLDING PERMANENT, ENDOWED FUNDS FROM A WIDE RANGE OF DONORS, ADDRESSING THE NEEDS THROUGH GRANT MAKING, AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $1,274,855 · Grants $1,058,592 · Revenue $46,091

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. 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

  • Paul Alexander

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joe Fleming

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cheryl Gaudard

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Bart Blystone

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Eileen Jennings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karmen Chippeway Fox

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Damon Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sherry Knight

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ryan Longoria

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Linda Morey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Angie Evans

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Terrie Zitzelsberger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Marcie Otteman

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Emma Powell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Steve Pung

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Nancy Ridley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Erika Ross

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Brian Rush

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Matthew Showalter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Jensen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mark Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Sponseller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bob Long

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Amanda Schafer

    FORMER CEO/C

    Total calculated
    $98,850
    From this org
    $90,839
    From related orgs
    $0
    Other
    $8,011
    Hours/week
    40

  • Robert Wheeler

    INTERIM CEO/

    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.

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
2022
Filed
7 May 2023
IRS schema version
2022v5.0
Source object
202311319349305271

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

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