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Nonprofiteer
← COMMUNITY FOUNDATION OF EAST CENTRAL ILLINOIS

Form 990 for tax year 2023

Filed by COMMUNITY FOUNDATION OF EAST CENTRAL ILLINOIS.

Totals

Total revenue
$4,021,235
Total expenses
$2,315,316
Contributions and grants received
$1,912,183
Grants paid
$1,439,690
Program service revenue
$0
Investment income
$1,483,867
Other revenue
$625,185
Total assets, end of year
$33,787,836
Total liabilities, end of year
$41,486
Net assets or fund balances, end of year
$33,746,350
Program services expenses (Part IX)
$1,913,642
Management and general expenses
$311,059
Fundraising expenses
$90,615
Program service expenses (Part III)
$1,913,642

Program services were 82.7% 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.

  • 1a · Federated campaigns

    $44,990

  • 1f · All other contributions, gifts and grants

    $1,867,193

  • 1g · Noncash contributions included above

    $548,751

  • 3 · Investment income

    total $728,212 · excluded $728,212

  • 6a · Gross rents

    real property $44,078

  • 6b · Less rental expenses

    real property $11,488

  • 6c · Rental income or loss

    real property $32,590

  • 6d · Net rental income or loss

    total $32,590 · excluded $32,590

  • 7a · Gross sales of assets other than inventory

    securities $755,655

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

    securities $0

  • 7c · Gain or loss

    securities $755,655

  • 7d · Net gain or loss

    total $755,655 · excluded $755,655

  • 11a · Other revenue: CFECI ADMINISTRATIVE FEES

    total $377,983 · related or exempt $377,983

  • 11b · Other revenue: INCOME DISTRIBUTION

    total $171,817 · unrelated business $114,390 · excluded $57,427

  • 11d · All other revenue

    total $42,795 · excluded $42,795

  • 11e · Other revenue, total

    $592,595

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,370,320 · program services $1,370,320

  • 2 · Grants to domestic individuals

    total $69,370 · program services $69,370

  • 5 · Compensation of officers, directors and key employees

    total $82,354 · program services $38,675 · management and general $25,052 · fundraising $18,627

  • 7 · Other salaries and wages

    total $104,771 · program services $49,202 · management and general $31,871 · fundraising $23,698

  • 10 · Payroll taxes

    total $14,312 · program services $6,721 · management and general $4,354 · fundraising $3,237

  • 11f · Fees: investment management

    total $140,411 · management and general $140,411

  • 11g · Fees: other

    total $19,670 · management and general $19,670

  • 13 · Office expenses

    total $1,861 · program services $874 · management and general $566 · fundraising $421

  • 14 · Information technology

    total $35,814 · program services $16,819 · management and general $10,894 · fundraising $8,101

  • 16 · Occupancy

    total $3,788 · program services $1,779 · management and general $1,152 · fundraising $857

  • 17 · Travel

    total $2,872 · program services $1,349 · management and general $874 · fundraising $649

  • 19 · Conferences, conventions and meetings

    total $4,461 · program services $2,095 · management and general $1,357 · fundraising $1,009

  • 22 · Depreciation, depletion and amortization

    total $8,852 · program services $4,157 · management and general $2,693 · fundraising $2,002

  • 23 · Insurance

    total $6,400 · program services $3,006 · management and general $1,947 · fundraising $1,447

  • 24a · Other expenses: UBT TAXES

    total $21,998 · management and general $21,998

  • 24b · Other expenses: TRUSTEE/ADMINISTRATIVE

    total $377,983 · program services $337,645 · management and general $40,338

  • 24c · Other expenses: DEVELOPMENT EXPENSE

    total $26,206 · program services $971 · management and general $629 · fundraising $24,606

  • 24d · Other expenses: REPAIR AND MAINTENANCE

    total $9,957 · program services $4,676 · management and general $3,029 · fundraising $2,252

  • 24e · All other expenses

    total $13,916 · program services $5,983 · management and general $4,224 · fundraising $3,709

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $687,874 · end of year $746,241

  • 2 · Savings and temporary cash investments

    beginning of year $3,179,303 · end of year $2,838,119

  • 3 · Pledges and grants receivable

    beginning of year $15,000 · end of year $30,000

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

    $338,302

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

    $77,645

  • 10c · Land, buildings and equipment, net

    beginning of year $269,509 · end of year $260,657

  • 11 · Investments: publicly traded securities

    beginning of year $21,706,972 · end of year $26,800,225

  • 12 · Investments: other securities

    beginning of year $1,628,000 · end of year $1,628,000

  • 15 · Other assets

    beginning of year $1,444,294 · end of year $1,484,594

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,970 · end of year $41,486

  • 27 · Net assets without donor restrictions

    beginning of year $6,488,211 · end of year $7,767,836

  • 28 · Net assets with donor restrictions

    beginning of year $22,426,771 · end of year $25,978,514

Mission and programs · 2023

Mission

TO PROMOTE PHILANTHROPY IN AN IMPARTIAL, UNBIASED, ETHICAL WAY, WITH A COMMITMENT TO INCLUSIVENESS, AND TO BRING TOGETHER PEOPLE AND RESOURCES TO IDENTIFY AND ADDRESS PRESENT AND EMERGING COMMUNITY NEEDS.

Activities or mission (Part I)

RECEIVE GIFTS FROM DONORS AND MAKE CHARITABLE GRANTS TO BENEFIT INDIVIDUALS OF EAST CENTRAL IL.

  • THE COMMUNITY FOUNDATION RECEIVES GIFTS, BEQUESTS AND DONATIONS ADMINISTERED BY AND FOR THE BENEFIT OF THE RESIDENTS OF EAST CENTRAL ILLINOIS. DURING 2023, GRANTS AND DESIGNATED DISTRIBUTIONS WERE PROVIDED TO OVER 215 DIFFERENT CHARITABLE ORGANIZATIONS. THE FOUNDATION CONTINUES TO OFFER LEARNING OPPORTUNITIES FOR THE STAFF AND BOARDS OF LOCAL CHARITABLE AND CIVIC ORGANIZATIONS.THE FOUNDATION SERVES AS A CONVENER OF GROUPS AND INITIATIVES AIMED AT ENHANCING THE LIVES OF THE RESIDENTS OF EAST CENTRAL ILLINOIS.

    Expenses $1,913,642 · Grants $1,439,690 · Revenue $377,983

As filed on the 2023 return.

Listed in Part VII

  • Mark Palmer

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Terra Mullins

    VICE CHAIR/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jon Coffman

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kandace Turner

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Laura Bleill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Holly Clemons

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Comet

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Donna Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Gonzales

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Wesley Hunter III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jacob Kuebler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Beth Mathews

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Terrica Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rod Stoll

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Austin Hill

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Deb Klein

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Wynne Korr

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Mike Royse

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Joe Stovall

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Trina Wright-Dixon

    TRUSTEE (THRU 6/30)

    Total calculated
    $0
    Hours/week
    1

  • Angela Hatfield

    PRESIDENT/CEO (THRU 10/13)

    Total calculated
    $82,354
    From this org
    $82,354
    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

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

Provenance

Return type
form_990
Tax year
2023
Filed
28 May 2024
IRS schema version
2023v5.0
Source object
202411519349300131

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

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