Form 990 for tax year 2022
Filed by GRATIOT COUNTY COMMUNITY FOUNDATION.
Totals
- Total revenue
- $853,137
- Total expenses
- $999,318
- Contributions and grants received
- $264,883
- Grants paid
- $694,938
- Program service revenue
- $12,372
- Investment income
- $571,982
- Other revenue
- $3,900
- Total assets, end of year
- $16,159,661
- Total liabilities, end of year
- $1,043,852
- Net assets or fund balances, end of year
- $15,115,809
- Program services expenses (Part IX)
- $791,244
- Management and general expenses
- $188,629
- Fundraising expenses
- $19,445
- Program service expenses (Part III)
- $791,244
Program services were 79.2% 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
$264,883
-
1g · Noncash contributions included above
$10,204
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $12,372 · related or exempt $12,372
-
3 · Investment income
total $353,061 · related or exempt $353,061
-
7a · Gross sales of assets other than inventory
securities $591,997
-
7b · Less cost or other basis and sales expenses
securities $373,076
-
7c · Gain or loss
securities $218,921
-
7d · Net gain or loss
total $218,921 · related or exempt $218,921
-
11a · Other revenue: MISCELLANEOUS INCOME
total $3,900 · related or exempt $3,900
-
11e · Other revenue, total
$3,900
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $516,738 · program services $516,738
-
2 · Grants to domestic individuals
total $178,200 · program services $178,200
-
5 · Compensation of officers, directors and key employees
total $66,315 · program services $16,579 · management and general $43,105 · fundraising $6,631
-
7 · Other salaries and wages
total $84,806 · program services $21,201 · management and general $55,124 · fundraising $8,481
-
10 · Payroll taxes
total $11,613 · program services $2,903 · management and general $7,549 · fundraising $1,161
-
11c · Fees: accounting
total $12,550 · management and general $12,550
-
11f · Fees: investment management
total $50,867 · program services $50,867
-
11g · Fees: other
total $2,322 · management and general $2,322
-
12 · Advertising and promotion
total $390 · management and general $390
-
13 · Office expenses
total $8,323 · management and general $8,323
-
14 · Information technology
total $28,301 · management and general $28,301
-
16 · Occupancy
total $1,200 · management and general $1,200
-
22 · Depreciation, depletion and amortization
total $4,588 · management and general $4,588
-
23 · Insurance
total $4,087 · management and general $4,087
-
24a · Other expenses: UTILITIES AND FUEL
total $6,720 · management and general $6,720
-
24b · Other expenses: MISCELLANEOUS EXPENSE
total $6,364 · program services $548 · management and general $5,816
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $4,578 · management and general $4,578
-
24d · Other expenses: SERVICE PROJECTS
total $4,208 · program services $4,208
-
24e · All other expenses
total $7,148 · management and general $3,976 · fundraising $3,172
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $224,129 · end of year $107,635
-
2 · Savings and temporary cash investments
beginning of year $209,420 · end of year $211,402
-
3 · Pledges and grants receivable
beginning of year $2,750 · end of year $2,500
-
9 · Prepaid expenses and deferred charges
beginning of year $4,839 · end of year $4,983
-
10a · Land, buildings and equipment: cost or other basis
$278,570
-
10b · Land, buildings and equipment: accumulated depreciation
$63,263
-
10c · Land, buildings and equipment, net
beginning of year $219,894 · end of year $215,307
-
11 · Investments: publicly traded securities
beginning of year $14,338,647 · end of year $15,482,197
-
15 · Other assets
beginning of year $134,491 · end of year $135,637
-
17 · Accounts payable and accrued expenses
beginning of year $7,305 · end of year $7,280
-
18 · Grants payable
beginning of year $166,518 · end of year $144,199
-
21 · Escrow or custodial account liability
beginning of year $820,363 · end of year $892,373
-
27 · Net assets without donor restrictions
beginning of year $14,004,243 · end of year $14,979,171
-
28 · Net assets with donor restrictions
beginning of year $135,741 · end of year $136,638
Mission and programs · 2022
Mission
TO RECEIVE AND ACCEPT PROPERTY THAT WILL BE EXCLUSIVELY USED FOR CHARITABLE PURPOSES, PRIMARILY FOR THE BENEFIT OF GRATIOT COUNTY RESIDENTS AND INSTITUTIONS.
-
GRANTS AND SCHOLARSHIPS AWARDED FOR COMMUNITY PROJECTS AND PROGRAMS IN FIELDS OF EDUCATION, HEALTH, HUMAN SERVICES, ARTS, CULTURE AND COMMUNITY SERVICE.
Expenses $791,244 · Grants $694,938 · Revenue $12,372
As filed on the 2022 return.
Listed in Part VII
-
TIM LAMBRECHT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ALI BARNES
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
JIM WHEELER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
LAURA BEVER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MIKE MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NORA COLTHORP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRACI GAVENDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SANDY ALLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PAULA MOEGGENBORG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELS DE SAEGHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN POBANZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICH RAMEREIZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RENEE SOPEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR MICHAEL STACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERIN STEWARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR SARA WASSENAAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAROLYN STUDLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
REV DR ANDREW POMERVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHELSEA HOLMES
EXECUTIVE DI
- Total calculated
- $86,750
- From this org
- $86,750
- From related orgs
- $0
- Other
- $0
- 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.
Grants on this return
-
$175,000
PARK RESTROOM
-
$20,465
FAIR SUPPORT
-
$15,400
STUDENT SUPPORT
-
$15,400
STUDENT SUPPORT
-
$15,400
STUDENT SUPPORT
-
ITHACA NORTH ELEMENTARY SCHOOL
$15,400
STUDENT SUPPORT
-
BRECKENRIDGE ELEMENTARY SCHOOL
$15,400
STUDENT SUPPORT
-
ITHACA SOUTH ELEMENTARY SCHOOL
$15,400
STUDENT SUPPORT
-
$15,235
STUDENT SUPPORT
-
$15,000
PUBLIC SAFTEY
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440399349300939
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.