Nebraska Iowa Kiwanis District Foundation
- Assets
- $664.5k
- Revenue
- $78.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, NE
- Founding
- 04/1971
- Data as of
- 09/2023
- EIN
- 23-7080872
Organization Overview
Nebraska Iowa Kiwanis District Foundation is located in Bellevue, NE. The organization was established in 1971. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Iowa Kiwanis District Foundation 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 09/2023, Nebraska Iowa Kiwanis District Foundation generated $78.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $68.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nebraska Iowa Kiwanis District Foundation has awarded 36 individual grants totaling $132,882. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NE-IA KIWANIS DISTRICT FOUNDATION PROVIDES SERVICES AND FUNDS TO BENEFIT CHILDREN THROUGH GRANTS MADE TO KIWANIS CLUBS IN THE NEBRASKA-IOWA KIWANIS DISTRICT IN ADDITION TO THE FUNDING AND OPERATION OF THE CAMP OK, KEY LEADER, AND BACKPACK SERVICE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MULTIPLE GRANTS TO KIWANIS CLUBS IN NEBRASKA AND IOWA FOR LOCAL PROJECTS IMPACTING CHILDREN IN A POSITIVE WAY WITHIN THEIR COMMUNITIES. EACH YEAR APPLICATIONS FOR GRANT MONIES ARE RECEIVED SEMIANNUALLY AND REVIEWED BY THE EXECUTIVE COMMITTEE. A PORTION OR ALL OF THE REQUEST MAY BE APPROVED OR DENIED. A RECORD IS MAINTAINED OF THE APPLICATIONS AND THE KIWANIS CLUBS ARE REQUESTED TO SUBMIT FOLLOW UP INFORMATION REGARDING THE COMPLETION OF THE PROJECT AND THE USE OF THE FUNDS GRANTED TO THEM.
CAMP OK IS A ONE-WEEK RESIDENTIAL CAMP PROGRAM FOR 5TH AND 6TH GRADERS WHO ARE FINANCIALLY IN NEED. THE STUDENTS ARE SELECTED BY LOCAL SCHOOL GUIDANCE COUNSELORS AND SPONSORED BY LOCAL KIWANIS CLUBS TO ATTEND THE CAMP FOR TALENTED AND GIFTED CHILDREN. IT IS A LIFE CHANGING EXPERIENCE FOR MOST OF THE 100 CHILDREN WHO ATTEND THE CAMP EACH YEAR.
DISASTER RECEIPTS WERE SOLICITED FROM KIWANIANS AND KIWANIS CLUBS OF THE NEBRASKA-IOWA KIWANIS DISTRICT AND USED TO PROVIDE RELIEF EFFORTS IN SMALL COMMUNITIES WHERE DISASTERS OCCURRED. THESE FUNDS WERE DISTRIBUTED TO KIWANIS CLUBS IN AFFECTED AREAS TO SUPPORT THEIR EFFORTS IN PROVIDING FOOD AND SUPPLIES TO VICTIMS ESPECIALLY TO AFFECTED FAMILIES WITH CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lonnie Shumate Treasurer | OfficerTrustee | 4 | $0 |
Jody Melcher Past President | Trustee | 4 | $0 |
David Muff Secretary | OfficerTrustee | 8 | $0 |
Norma Beaver Director | Trustee | 6 | $0 |
Gary Lindgren Trustee | Trustee | 1 | $0 |
Curt Reis Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,449 |
| Fundraising events | $3,766 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,772 |
| Total Program Service Revenue | $11,000 |
| Investment income | $11,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,725 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,664 |
| Fees for services: Other | $7,145 |
| Advertising and promotion | $200 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $68,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,852 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $632,843 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $664,479 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,100 |
| Total liabilities | $4,100 |
| Net assets without donor restrictions | $192,599 |
| Net assets with donor restrictions | $467,780 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $664,479 |
Grants Awarded
Over the last fiscal year, Nebraska Iowa Kiwanis District Foundation has awarded $13,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HULL KIWANIS PURPOSE: Bright Star Kitchen Equipment Proje | $7,000 |
SPIRIT LAKE KIWANIS PURPOSE: Aspen Seemann Memorial Park Project | $6,500 |