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Nonprofiteer
← FORMAN VALLEY COMMUNITY FOUNDATION INC

Form 990 for tax year 2025

Filed by FORMAN VALLEY COMMUNITY FOUNDATION INC.

Totals

Total revenue
$154,639
Total expenses
$50,644
Contributions and grants received
$26,500
Grants paid
$29,550
Program service revenue
$0
Investment income
$128,139
Other revenue
$0
Total assets, end of year
$2,758,261
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,758,261
Program services expenses (Part IX)
$29,550
Management and general expenses
$21,094
Fundraising expenses
$0
Program service expenses (Part III)
$29,550

Program services were 58.3% 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

    $26,500

  • 3 · Investment income

    total $128,139 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $29,550 · program services $29,550

  • 11b · Fees: legal

    total $173 · program services $0 · management and general $173 · fundraising $0

  • 11c · Fees: accounting

    total $725 · program services $0 · management and general $725 · fundraising $0

  • 24a · Other expenses: Il Sec State

    total $10 · program services $0 · management and general $10 · fundraising $0

  • 24b · Other expenses: Safe Deposit Box

    total $30 · program services $0 · management and general $30 · fundraising $0

  • 24c · Other expenses: Postal Box

    total $72 · program services $0 · management and general $72 · fundraising $0

  • 24d · Other expenses: Administrative Fee

    total $20,069 · program services $0 · management and general $20,069 · fundraising $0

  • 24e · All other expenses

    total $15 · program services $0 · management and general $15 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,292,130 · end of year $2,578,489

  • 11 · Investments: publicly traded securities

    beginning of year $188,375 · end of year $179,772

  • 27 · Net assets without donor restrictions

    beginning of year $2,480,505 · end of year $2,758,261

Mission and programs · 2025

Mission

Management and administration of charitable funds and making distributions to nonprofit organizations and individuals through a volunteer self-perpetuating Board of Directors.

  • Forman Fire Protection District-Grain Bin Rescue Vacuum

    Expenses $20,000 · Grants $20,000

  • Forman Valley Public Library Community Programs and Services

    Expenses $3,550 · Grants $3,550

  • Forman Park District - Free Swim days

    Expenses $1,500 · Grants $1,500

  • Dirk and Teresa Heinhorst Scholarship

    Expenses $1,000 · Grants $1,000

  • Forest City High School Alumni Scholarship (3)

    Expenses $1,500 · Grants $1,500

  • Larry DeSutter Scholarship

    Expenses $2,000 · Grants $2,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dirk Heinhorst

    President

    Total calculated
    $0
    Hours/week
    10

  • Mark Schleder

    Treasurer

    Total calculated
    $0
    Hours/week
    10

  • Lee Gerrietts

    Secretary

    Total calculated
    $0
    Hours/week
    10

  • Scott Warner

    Director

    Total calculated
    $0
    Hours/week
    10

  • Christine Dierker

    Director

    Total calculated
    $0
    Hours/week
    10

  • Denny Roese

    Director

    Total calculated
    $0
    Hours/week
    10

  • Dee Hohenshell

    Director

    Total calculated
    $0
    Hours/week
    10

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

Provenance

Return type
form_990
Tax year
2025
Filed
1 March 2026
IRS schema version
2025v4.0
Source object
202620629349301422

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