Skip to content
Nonprofiteer
← NORTHWEST IOWA COMMUNITY COLLEGE FOUNDATION

Form 990 for tax year 2023

Filed by NORTHWEST IOWA COMMUNITY COLLEGE FOUNDATION.

Totals

Total revenue
$1,364,210
Total expenses
$773,919
Contributions and grants received
$941,376
Grants paid
$660,655
Program service revenue
$0
Investment income
$370,328
Other revenue
$52,506
Total assets, end of year
$10,103,846
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$10,103,846
Program services expenses (Part IX)
$718,674
Management and general expenses
$55,245
Fundraising expenses
$0
Program service expenses (Part III)
$718,674

Program services were 92.9% 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.

  • 1f · All other contributions, gifts and grants

    $941,376

  • 1g · Noncash contributions included above

    $58,019

  • 3 · Investment income

    total $252,687 · excluded $252,687

  • 7a · Gross sales of assets other than inventory

    securities $117,641

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

    securities $0

  • 7c · Gain or loss

    securities $117,641

  • 7d · Net gain or loss

    total $117,641 · excluded $117,641

  • 8a · Fundraising events: gross income

    $97,378

  • 8b · Fundraising events: direct expenses

    $44,872

  • 8c · Net income from fundraising events

    total $52,506 · excluded $52,506

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $660,655 · program services $660,655

  • 11f · Fees: investment management

    total $42,195 · management and general $42,195

  • 24a · Other expenses: CAREER AND TECHNICAL

    total $58,019 · program services $58,019

  • 24b · Other expenses: ADMINISTRATION

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

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $942,529 · end of year $1,029,708

  • 3 · Pledges and grants receivable

    beginning of year $373,533 · end of year $227,170

  • 11 · Investments: publicly traded securities

    beginning of year $7,680,550 · end of year $8,846,968

  • 27 · Net assets without donor restrictions

    beginning of year $3,396,140 · end of year $3,714,245

  • 28 · Net assets with donor restrictions

    beginning of year $5,600,472 · end of year $6,389,601

Mission and programs · 2023

Mission

PROVIDING SCHOLARSHIPS AND EQUIPMENT TO THE STUDENTS OF NORTHWEST IOWA COMMUNITY COLLEGE.

  • NORTHWEST IOWA COMMUNITY COLLEGE FOUNDATION RECEIVES DONATIONS FROM OUTSIDE SOURCES AND DISTRIBUTES THESE DONATIONS TO THE STUDENTS AT NORTHWEST IOWA COMMUNITY COLLEGE IN SHELDON, IOWA IN THE FORM OF SCHOLARSHIPS.

    Expenses $718,674 · Grants $660,655

As filed on the 2023 return.

Listed in Part VII

  • John Hartog

    DIRECTOR

    Total calculated
    $251,610
    From this org
    $0
    From related orgs
    $194,907
    Other
    $56,703
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $194,907 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $26,203 related
    Filer's total
    $0 + $251,610 related

  • Jessica Williams

    TREASURER

    Total calculated
    $93,851
    From this org
    $0
    From related orgs
    $67,648
    Other
    $26,203
    Hours/week
    1 + 39 related

  • Lyle Korver

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Brian Richter

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Kristi Landis

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Carl Rolf

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • William Giddings

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Brad Lupkes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andy Jacobs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Heidloff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Hicks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Emerick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joel Leusink

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emily Van Kekerix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lowell Appleton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sherrie Zeutenhorst

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Loerts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katie Morgan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Adam Besaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ron Heemstra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leah Murphy

    DIRECTOR

    Total calculated
    $105,170
    From this org
    $0
    From related orgs
    $80,720
    Other
    $24,450
    Hours/week
    1 + 39 related

  • Morgan Granstra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sheila Van Engen

    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. 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

None.

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

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

  • NORTHWEST IOWA COMMUNITY COLLEGE

    $660,655

    SCHOLARSHIPS

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.

  • NORTHWEST IOWA COMMUNITY COLLEGE

    501(C)(3) · COLLEGE · IA

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349315211

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.