Form 990 for tax year 2022
Filed by KEOKUK AREA COMMUNITY FOUNDATION.
Totals
- Total revenue
- $1,965,773
- Total expenses
- $1,106,928
- Contributions and grants received
- $1,759,473
- Grants paid
- $760,402
- Program service revenue
- -$220
- Investment income
- $206,520
- Other revenue
- $0
- Total assets, end of year
- $16,641,970
- Total liabilities, end of year
- $1,863,249
- Net assets or fund balances, end of year
- $14,778,721
- Program services expenses (Part IX)
- $907,474
- Management and general expenses
- $158,165
- Fundraising expenses
- $41,289
- Program service expenses (Part III)
- $907,474
Program services were 82.0% 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.
-
1f · All other contributions, gifts and grants
$1,759,473
-
1g · Noncash contributions included above
$23,737
-
2a · Program service revenue: FUND ADMIN FEES
total -$220 · related or exempt -$220
-
3 · Investment income
total $206,520 · related or exempt $206,520
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $560,402 · program services $560,402
-
2 · Grants to domestic individuals
total $200,000 · program services $200,000
-
7 · Other salaries and wages
total $109,236 · program services $37,115 · management and general $42,621 · fundraising $29,500
-
8 · Pension plan contributions
total $8,000 · management and general $8,000
-
10 · Payroll taxes
total $8,683 · program services $1,737 · management and general $5,036 · fundraising $1,910
-
11c · Fees: accounting
total $45,662 · management and general $45,662
-
11d · Fees: lobbying
total $659 · management and general $659
-
11f · Fees: investment management
total $94,794 · program services $94,794
-
11g · Fees: other
total $32,395 · program services $7,051 · management and general $25,344
-
12 · Advertising and promotion
total $3,641 · program services $237 · management and general $2,376 · fundraising $1,028
-
13 · Office expenses
total $30,470 · program services $6,138 · management and general $16,760 · fundraising $7,572
-
17 · Travel
total $939 · management and general $310 · fundraising $629
-
23 · Insurance
total $11,397 · management and general $11,397
-
24a · Other expenses: MISCELLANEOUS
total $650 · fundraising $650
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $284,840 · end of year $466,633
-
3 · Pledges and grants receivable
beginning of year $107,922 · end of year $1,930
-
11 · Investments: publicly traded securities
beginning of year $19,552,866 · end of year $16,173,407
-
17 · Accounts payable and accrued expenses
beginning of year $15,555 · end of year $36,024
-
25 · Other liabilities
beginning of year $2,035,270 · end of year $1,827,225
-
27 · Net assets without donor restrictions
beginning of year $768,130 · end of year $673,938
-
28 · Net assets with donor restrictions
beginning of year $17,126,673 · end of year $14,104,783
Mission and programs · 2022
Mission
THE FOUNDATION RECEIVES CHARITABLE GIFTS FROM DONORS TO ESTABLISH PERMANENT ENDOWMENTS FOR SE IOWA, WESTERN ILLINOIS AND NORTHEAST MISSOURI.
-
AWARDED GRANTS TO OVER 100 NON PROFIT ORGANIZATIONS AND SCHOLARSHIPS TO OVER 50 INDIVIDUALS IN THE IOWA, MISSOURI, AND ILLINOIS TRI-STATE AREA.
Expenses $907,474
As filed on the 2022 return.
Listed in Part VII
-
Philip RickettsPHILIP RICKETTS
ADMINISTRATOR
- Total calculated
- $63,000
- From this org
- $63,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Roger RickettsROGER RICKETTS
EXEC DIRECTOR
- Total calculated
- $43,500
- From this org
- $43,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32
-
George EichackerGEORGE EICHACKER
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0
-
Ellen NormanELLEN NORMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Jack SmithJACK SMITH
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0
-
James DennisJAMES DENNIS
FORMER BOARD CHAIR DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Louise OrozcoLOUISE OROZCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Patrick OtangPATRICK OTANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Cheri KempCHERI KEMP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tony ConnTONY CONN
FORMER VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Mary Sue ChatfieldMARY SUE CHATFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ivan HasselbuschIVAN HASSELBUSCH
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0
-
Kathy KlauserKATHY KLAUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Doug MatlickDOUG MATLICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Richard LoftonRICHARD LOFTON
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0
-
Jan FilkensJAN FILKENS
SECRETARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Margaret CardellaMARGARET CARDELLA
ASSISTANT SECRETARY DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kerry KlepferKERRY KLEPFER
INTERIM CHAIR DIRECTOR EMERI
- Total calculated
- $0
- Hours/week
- 0
-
Leah JonesLEAH JONES
VICE CHAIR DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ryan BarnettRYAN BARNETT
FORMER DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$60,456
GENERAL SUPPORT OF THE EDUCATIONAL FDTN
-
GENERAL SUPPORT
-
$32,642
HANDICAP ACCCESSIBLE SPLASH PAD
-
$31,977
SUPPORT YOUTH PROGRAMS IN LEE COUNTY IA
-
$22,732
GENERAL SUPPORT CAPITAL IMPROVEMENTS
-
SCHOLARSHIPS
-
$19,000
OUTDOOR CLASSROOM LEADERSHIP TEAM
-
CHURCH OF ALL SAINTS
$15,299
GENERAL SUPPORT
-
LIMITED RESOURCE COUNCIL
$13,000
SUPPORT OF URKRANIAN REFUGEES
-
CARPET REPLACEMENT GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333109349303008
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