Mexico Area Community Foundation Inc

Organization Overview

Mexico Area Community Foundation Inc is located in Mexico, MO. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mexico Area Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mexico Area Community Foundation Inc generated $188.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $147.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MEXICO AREA COMMUNITY FOUNDATION IS A PUBLIC BENEFIT CORPORATION. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES FOR THE RESIDENTS OF NORTHEASTERN MISSOURI. THE FOUNDATION'S FIRST PRIORITY IS THE LONG-TERM WELL-BEING OF THE MEXICO AREA. IT IS DEDICATED TO MATCHING THE COMMUNITY'S NEEDS WITH DONOR FUNDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION AWARDED 23 SCHOLARSHIPS AND 1 GRANT.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Erdel
Secretary
$0
Steve Hagan
Vice-Preside
$0
W Howard Tanzey
Treasurer
$0
Melissa Buckman Young
President
$0
Chad Rosenstengel
Board Member
$0
Derek Stuckenschneider
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$84,906
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$84,906
Total Program Service Revenue$0
Investment income $50,113
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $51,697
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $188,479

Grants Awarded

Over the last fiscal year, Mexico Area Community Foundation Inc has awarded $15,000 in support to 2 organizations.

Grant RecipientAmount

MEXICO PUBLIC SCHOOLS

PURPOSE: EDUCATION

$7,500

MEXICO AREA CHAMBER OF COMMERCE

Org PageRecipient Profile

Mexico, MO

PURPOSE: EDUCATION

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mexico Area Community Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Commerce Foundation

Kansas City, MO

PURPOSE: SCHOLARSHIPS FOR THE MISS MISSOURI PAGEANT

$1,000
View Grant Recipient Profile

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