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← M&M AREA COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by M&M AREA COMMUNITY FOUNDATION.

Totals

Total revenue
$931,207
Total expenses
$1,320,486
Contributions and grants received
$324,169
Grants paid
$810,783
Program service revenue
$201,823
Investment income
$404,412
Other revenue
$803
Total assets, end of year
$15,036,360
Total liabilities, end of year
$846,963
Net assets or fund balances, end of year
$14,189,397
Program services expenses (Part IX)
$1,156,069
Management and general expenses
$153,035
Fundraising expenses
$11,382
Program service expenses (Part III)
$1,156,069

Program services were 87.5% 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

    $324,169

  • 1g · Noncash contributions included above

    $31,895

  • 2a · Program service revenue: ADMINISTRATIVE FEE REVENUE

    total $201,823 · related or exempt $201,823

  • 3 · Investment income

    total $404,412 · excluded $404,412

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $803 · related or exempt $803

  • 11e · Other revenue, total

    $803

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $700,369 · program services $700,369

  • 2 · Grants to domestic individuals

    total $110,414 · program services $110,414

  • 5 · Compensation of officers, directors and key employees

    total $44,525 · program services $32,948 · management and general $8,905 · fundraising $2,672

  • 6 · Compensation of disqualified persons

    total $49,485 · program services $36,619 · management and general $9,897 · fundraising $2,969

  • 7 · Other salaries and wages

    total $50,667 · program services $37,493 · management and general $10,134 · fundraising $3,040

  • 8 · Pension plan contributions

    total $2,964 · program services $2,193 · management and general $593 · fundraising $178

  • 9 · Other employee benefits

    total $685 · program services $507 · management and general $137 · fundraising $41

  • 10 · Payroll taxes

    total $11,110 · program services $8,221 · management and general $2,222 · fundraising $667

  • 11c · Fees: accounting

    total $41,196 · program services $4,968 · management and general $36,228

  • 11f · Fees: investment management

    total $74,330 · management and general $74,330

  • 13 · Office expenses

    total $4,384 · program services $3,244 · management and general $877 · fundraising $263

  • 14 · Information technology

    total $3,626 · program services $2,683 · management and general $725 · fundraising $218

  • 16 · Occupancy

    total $7,740 · program services $5,728 · management and general $1,548 · fundraising $464

  • 17 · Travel

    total $3,339 · program services $2,471 · management and general $668 · fundraising $200

  • 19 · Conferences, conventions and meetings

    total $9,858 · program services $7,886 · management and general $1,972

  • 22 · Depreciation, depletion and amortization

    total $2,567 · management and general $2,567

  • 23 · Insurance

    total $2,263 · program services $1,675 · management and general $452 · fundraising $136

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $192,066 · program services $192,066

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $7,049 · program services $5,216 · management and general $1,410 · fundraising $423

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $1,314 · program services $972 · management and general $263 · fundraising $79

  • 24d · Other expenses: OTHER EXPENSES

    total $535 · program services $396 · management and general $107 · fundraising $32

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $218,616 · end of year $90,067

  • 2 · Savings and temporary cash investments

    beginning of year $156,718 · end of year $196,389

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,234 · end of year $20,116

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

    $21,260

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

    $18,823

  • 10c · Land, buildings and equipment, net

    beginning of year $5,004 · end of year $2,437

  • 11 · Investments: publicly traded securities

    beginning of year $13,488,560 · end of year $14,699,978

  • 15 · Other assets

    beginning of year $24,580 · end of year $27,373

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,164 · end of year $32,781

  • 25 · Other liabilities

    beginning of year $747,147 · end of year $814,182

  • 27 · Net assets without donor restrictions

    beginning of year $13,122,821 · end of year $14,162,024

  • 28 · Net assets with donor restrictions

    beginning of year $24,580 · end of year $27,373

Mission and programs · 2024

Mission

INSPIRING PEOPLE TO BUILD LASTING LEGACIES THAT ENRICH OUR COMMUNITIES.

  • GRANTS TO CHARITABLE ORGANIZATIONS TO SUPPORT ARTS AND CULTURE, EDUCATION, HEALTH, ENVIRONMENT AND ANIMALS, HUMAN SERVICES, PUBLIC BENEFIT, RELIGION, SPORTS, SCIENCE, RESEARCH AND TECHNOLOGY, AND SCHOLARSHIPS TO INDIVIDUALS, WITH A GOAL TO ACTIVELY PARTNER WITH AGENCIES AND CONSTITUENCIES TO SERVE OUR COMMUNITY AND COMMUNITY MEMBERS.

    Expenses $970,551 · Grants $694,832 · Revenue $201,823

  • GRANTS TO CHARITABLE ORGANIZATIONS TO SUPPORT ARTS AND CULTURE, EDUCATION, HEALTH, ENVIRONMENT AND ANIMALS, HUMAN SERVICES, PUBLIC BENEFIT, RELIGION, SPORTS, SCIENCE, RESEARCH AND TECHNOLOGY, AND SCHOLARSHIPS TO INDIVIDUALS, WITH A GOAL TO ACTIVELY PARTNER WITH AGENCIES AND CONSTITUENCIES TO SERVE OUR COMMUNITY AND COMMUNITY MEMBERS.

    Expenses $185,518 · Grants $115,951

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ashley Berken

    EXECUTIVE DI

    Total calculated
    $44,525
    From this org
    $44,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Julie Builn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Lynelle Caine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kerry Delgoffe

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Susan Ellie

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Heather Huebner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Josh Jones

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jackie Kamps

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • John Lee

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Pam Losinski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Peggy Peterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kelly Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Jean Sanborn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Bill Swan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

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
2024
Filed
6 November 2025
IRS schema version
2024v5.0
Source object
202523149349300212

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

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