Totals
- Total revenue
- $14,249
- Total expenses
- $230
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $14,249
- Other revenue
- $0
- Total assets, end of year
- $1,473,107
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,473,107
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $230
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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 $14,249 · excluded $14,249
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $230 · management and general $230
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $34,188 · end of year $48,207
-
7 · Other notes and loans receivable
beginning of year $1,424,900 · end of year $1,424,900
-
27 · Net assets without donor restrictions
beginning of year $1,459,088 · end of year $1,473,107
Mission and programs · 2022
Mission
OUR PURPOSE IS TO ASSIST AND BENEFIT BOYS & GIRLS CLUBS OF CENTRAL IOWA IN CARRYING OUT ITS CHARITABLE PURPOSES BY MAKING LOANS AND OTHER INVESTMENTS THAT CONSTITUTE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS FOR PURPOSES OF THE NEW MARKET TAX CREDIT PROGRAM.
Activities or mission (Part I)
TO SUPPORT THE PROGRAMS AND FACILITIES OF BOYS & GIRLS CLUBS OF CENTRAL IOWA,.
-
DURING FY2020, WE SUPPORTED BOYS & GIRLS CLUBS OF CENTRAL IOWA BY MAKING A QUALIFIED EQUITY INVESTMENT TO A COMMUNITY DEVELOPMENT ENTITY (CDE). THE CDE OFFERS TAX CREDITS IN EXCHANGE FOR EQUITY AND USES THE CAPITAL TO MAKE LOANS AND INVESTMENTS TO BUSINESSES OPERATING IN LOW-INCOME COMMUNITIES. THE BOYS & GIRLS CLUBS OF CENTRAL IOWA RECEIVED A QUALIFIED LOW-INCOME COMMUNITY INVESTMENT LOAN FROM THE CDE.
As filed on the 2022 return.
Listed in Part VII
-
David ChapmanDAVID CHAPMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mike EnsleyMIKE ENSLEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Joe BeneshJOE BENESH
SECRETARY, TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tony TimmTONY TIMM
CEO
- Total calculated
- $149,164
- From this org
- $0
- From related orgs
- $149,164
- Other
- $0
- Hours/week
- 1 + 40 related
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
No itemized grants to organizations on this return.
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.
-
BOYS & GIRLS CLUBS OF CENTRAL IOWA
501(C)(3) · VARIETY OF ACTIVITIES AND PROGRAMS FOR CHILDREN · IA · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410229349300711
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