Seigfried Petersen Community Trust is located in Tipton, IA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Seigfried Petersen Community Trust is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Seigfried Petersen Community Trust generated $42.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $41.7k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Beuthien Trustee | 5 | $3,000 | |
Beine Abel Law Firm Plc Trustee | 5 | $3,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $42,026 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $42,026 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $6,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $4,690 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $247 |
Total expenses | $41,737 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,896 |
Other assets | $0 |
Total assets | $480,896 |
Total liabilities | $0 |
Net assets or fund balances | $480,896 |