Totals
- Total revenue
- $119,494
- Total expenses
- $128
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $119,494
- Other revenue
- $0
- Total assets, end of year
- $9,457,854
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $9,457,854
- Program services expenses (Part IX)
- $128
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $128
Program services were 100.0% 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 $119,494 · related or exempt $119,494
Functional expenses
Part IX, the statement of functional expenses.
-
24a · Other expenses: BANK FEES
total $88 · program services $88
-
24b · Other expenses: STATE FILING FEES
total $40 · program services $40
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $647,987 · end of year $767,353
-
4 · Accounts receivable
beginning of year $1 · end of year $1
-
13 · Investments: program-related
beginning of year $8,690,500 · end of year $8,690,500
-
27 · Net assets without donor restrictions
beginning of year $9,338,488 · end of year $9,457,854
Mission and programs · 2022
Mission
THE CORPORATION ASSISTS IN PROMOTING ECONOMIC DEVELOPMENT IN THE CITY OF SALINA BY PROVIDING DEBT FINANCING TO ALLOW FOR INCREASED AVAILABILITY OF NEW MARKETS TAX CREDITS AS DEFINED IN SECTION 45D OF THE IRS CODE OF 1986.
Activities or mission (Part I)
SEE SCHEDULE O FOR ORGANIZATION'S MISSION. THE FUNCTION IS TO ASSIST IN PROMOTING ECONOMIC DEVELOPMENT IN THE CITY OF SALINA BY PROVIDING DEBT FINANCING TO ALLOW FOR INCREASED AVAILABILITY OF NEW MARKETS TAX CREDITS AS DEFINED IN SECTION 45D OF THE IRS CODE OF 1986.
-
THE CORPORATION PROVIDES DEBT FINANCING AS NEEDED.
Expenses $128
As filed on the 2022 return.
Listed in Part VII
-
Trent DavisTRENT DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Todd DavidsonTODD DAVIDSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Samantha AngellSAMANTHA ANGELL
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Mark RitterMARK RITTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Mike HoppockMIKE HOPPOCK
TREASURER
- 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
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.
-
GREATER SALINA COMMUNITY FOUNDATION
PROVIDING CHARITABLE COMMUNITY NEEDS · KS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332789349301678
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