COMMUNITY BETTERMENT ORGANIZATION

As filed

Subsection

03

NTEE code

S123

Classification

1000

Street

617 FRANKLIN PL STE 200

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 200). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• CHARLES AND KAREN FARVER CHARITABLE FOUNDATION

  EIN 84-1205184

• JOAN KUYPER FARVER FAMILY CARING FUND

  EIN 26-1907265

• PETER H AND E LUCILLE GAASS KUYPER FOUNDATION

  EIN 23-7068402

Mission and programs · 2024

• THE CBO'S PROGRAM SERVICE ACCOMPLISHMENTS FOR THE YEAR 2024 INVOLVE IN SUPPORT OF THE CITY OF PELLA, THE OPERATION OF A BUILDING (THE "BUILDING") THAT WAS CONSTRUCTED IN THE YEARS 2000 AND 2001 AS PART OF A LARGE DOWNTOWN BLOCK DEVELOPMENT PROJECT (THE "DOWNTOWN PROJECT"). THE DOWNTOWN PROJECT BY THE CITY OF PELLA WAS DEVELOPED TO ATTRACT BUSINESSES AND PEOPLE TO DO BUSINESS AND LIVE IN THE TOWN, AND INCLUDES A HOTEL, BUSINESS SPACE, RESTAURANT SPACE, AND ENTERTAINMENT ATTRACTIONS TO IMPROVE THE CITY OF PELLA. THE CBO'S CONTRIBUTION TO THE DOWNTOWN PROJECT INVOLVED THE CONSTRUCTION AND ONGOING MAINTENANCE AND OPERATION OF THE BUILDING ON BEHALF OF THE CITY. THE BUILDING INCLUDES A THREE-SCREEN MOVIE THEATER AND A RESTAURANT. IN 2012, CBO DETERMINED THAT NEW PROJECTION EQUIPMENT WAS NEEDED FOR THE MOVIE THEATER TO UPGRADE TO DIGITAL CAPABILITIES. THIS COST OF THE NEW EQUIPMENT WAS $199,077. CBO RECEIVED $64,000 IN GRANTS FROM VARIOUS ORGANIZATIONS AND OBTAINED A $111,500 LOAN FROM GENLINK LLC IN 2012 TO PAY FOR THE COSTS OF THIS UPGRADE. THE INSTALLATION OF THIS NEW EQUIPMENT CONTINUES TO MEET THE EXEMPT PURPOSE OF THE ORGANIZATION IN PROVIDING ENHANCEMENTS TO COMMUNITY AMENITIES. DEPRECIATION LISTED ON PART IX, LINE 22 RELATED TO THE DEPRECIATION OF THE BUILDING $49,954PROPERTY TAXES PAID FOR THE BUILDING OF $44,643INSURANCE PAID FOR THE BUILDING OF $5,109REPAIRS AND SERVICE PAID FOR THE BUILDING $476

  Expenses $100,182 · Revenue $15,600

• CBO SUPPORTED CENTRAL COLLEGE DURING 2024 BY PAYING FOR THE AMOUNT OF LOSSES INCURRED BY THE MOVIE THEATER. THIS INCLUDED PAYING FOR SOUND REPAIRS FOR THE MOVIE THEATER.

  Expenses $154,473 · Grants $154,473

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $36,644

  Expenses

  $257,330

  Contributions

  $0

  Grants paid

  $154,473

• 2023

  Revenue

  $102,055

  Expenses

  $237,791

  Contributions

  $65,507

  Grants paid

  $90,622

• 2022

  Revenue

  $666,566

  Expenses

  $293,196

  Contributions

  $650,000

  Grants paid

  $125,569

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,698,245

  Expenses

  $420,439

  Assets (EOY)

  $2,432,406

• 2020 · 990

  Revenue

  $15,672

  Expenses

  $121,888

  Assets (EOY)

  $1,154,600

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• CENTRAL COLLEGE

  $154,473

  2024 · SUPPORT FOR LOSSES INCURRED BY MOVIE THEATER

• CENTRAL COLLEGE

  $125,569

  2022 · SUPPORT FOR LOSSES INCURRED BY MOVIE THEATER

• CENTRAL COLLEGE

  $40,622

  2023 · SUPPORT FOR LOSSES INCURRED BY MOVIE THEATER

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files