Form 990 for tax year 2024
Filed by LE MARS AREA BETTERMENT FOUNDATION.
Totals
- Total revenue
- $1,490
- Total expenses
- $261,744
- Contributions and grants received
- $0
- Grants paid
- $200,000
- Program service revenue
- $0
- Investment income
- $1,490
- Other revenue
- $0
- Total assets, end of year
- $325,631
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $325,631
- Program services expenses (Part IX)
- $200,000
- Management and general expenses
- $61,744
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $200,000
Program services were 76.4% 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.
-
3 · Investment income
total $1,490 · excluded $1,490
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $200,000 · program services $200,000
-
11c · Fees: accounting
total $5,825 · management and general $5,825
-
11g · Fees: other
total $55,919 · management and general $55,919
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $533,885 · end of year $283,631
-
4 · Accounts receivable
beginning of year $52,000 · end of year $42,000
-
31 · Retained earnings, endowment or other funds
beginning of year $585,885 · end of year $325,631
Mission and programs · 2024
Mission
THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS TO BE USED BY VARIOUS NOT FOR PROFIT ORGANIZATIONS WITHIN THE GREATER LE MARS AREA FOR IMPROVING THE QUALITY OF LIFE FOR THE CITIZENS OF THE AREA.
Activities or mission (Part I)
THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS TO BE USED BY VARIOUS NOT FOR PROFIT ORGANIZATIONS WITHIN THE GREATER LE MARS AREA FOR IMPROVING THE QUALITY OF LIFE FOR CITIZENS OF THE AREA.
-
RAISE FUNDS FOR THE PURPOSE OF MAKING GRANTS IN RESPONSE TO COMMUNITY NEEDS, CHALLENGES AND OPPORTUNITIES, ERECT AND MAINTAIN PUBLIC BUILDINGS, PUBLIC MONUMENTS AND PUBLIC WORKS, LESSEN THE BURDEN ON GOVERNMENT, AND FACILITATE PARTNERSHIPS TO TO IDENTIFY AND ADDRESS QUALITY OF LIFE IMPROVEMENTS AND ENHANCEMENTS FOR THE LE MARS AREA.
Expenses $200,000 · Grants $200,000
As filed on the 2024 return.
Listed in Part VII
-
Angie ErdmannANGIE ERDMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim KleinJIM KLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angela KneipANGELA KNEIP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff KramerJEFF KRAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark NuebelMARK NUEBEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John RexwinkelJOHN REXWINKEL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Tammy SudtelgteTAMMY SUDTELGTE
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Mike WellsMIKE WELLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dustin WrightDUSTIN WRIGHT
PRESIDENT
- 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
-
$200,000
START UP FUNDS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202510489349301911
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