Friends Of The Community Center Of Tipton County Inc
- Assets
- $89.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tipton, IN
- Founding
- 05/1999
- Data as of
- 12/2023
- EIN
- 35-2043314
Organization Overview
Friends Of The Community Center Of Tipton County Inc is located in Tipton, IN. The organization was established in 1999. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, 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. Friends Of The Community Center Of Tipton County 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 12/2023, Friends Of The Community Center Of Tipton County Inc generated $101.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $108.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPERVISING THE DAILY OPERATION OF THE COMMUNITY BUILDING FACILITIES. INCLUDED IN THIS ACTIVITY WOULD BE EMPLOYING AND SUPERVISING A BUILDING MANAGER AND SUPPORT STAFF. MANAGEMENT OF THE MAINTENANCE OF THE BUILDINGS AND GROUNDS. DEVELOPING POLICIES, PROCEDURES AND CRITERIA FOR PROSPECTIVE TENANTS OF THE FACILITY TO ASSURE THAT THEIR SERVICES AND PROGRAMS MEET THE NEEDS OF THE COMMUNITY'S YOUTH, SENIORS AND FAMILIES. ESTABLISH AND DETERMINE THE AMOUNTS OF RENT AND TERMS OF LEASES FOR THE COMMUNITY CENTER'S TENANTS. DEVELOP, FACILITATE AND IMPLEMENT ANY FUND RAISING ACTIVITIES NECESSARY TO BUILD AN ENDOWMENT TO ASSURE THAT THE FUTURE MAINTENANCE NEEDS OF THE FACILITY ARE MET. MANY OF THE TENANTS OF THE COMMUNITY CENTER WILL BE GROUPS SUCH AS THE SENIOR CITIZENS CENTER, THE BOYS AND GIRLS CLUB, THE LATCH KEY PROGRAM, ALTERNATIVE SCHOOL, ETC. MOST OF THESE CHARITABLE ORGANIZATIONS DEPEND UPON THEIR OWN FUND RAISING EFFORTS TO SUPPORT THEIR PROGRAMS AND SERVICES. IT IS ANTICIPATED THAT THE RENTS CHARGED TO THESE CHARITABLE ORGANIZATIONS WILL NOT BE ADEQUATE TO ADDRESS MAINTENANCE ISSUES. IT IS HOPED THAT THE COMMUNITY WILL SUPPORT THE FACILITY BY GIVING GIFTS TO AN ENDOWMENT FUND ESTABLISHED FOR THE PURPOSE OF ADDRESSING THE FUTURE MAINTENANCE NEEDS OF THE FACILITIES AND GROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Plumer President | 0 | $0 | |
Leslie Dunn Vice Preside | 0 | $0 | |
Heather Terry Secretary | 0 | $0 | |
Richard Parker Board Member | 0 | $0 | |
Mike Harper Board Member | 0 | $0 | |
Bailey Franklin Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $101,327 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,145 |
| Professional fees and other payments to independent contractors | $8,626 |
| Occupancy, rent, utilities, and maintenance | $33,885 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,307 |
| Total expenses | $107,963 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,089 |
| Other assets | $0 |
| Total assets | $89,697 |
| Total liabilities | $3,731 |
| Net assets or fund balances | $85,966 |