Pearce Community Center Inc
- Assets
- $4.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 94
- Location
- Chillicothe, IL
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 37-1252061
Organization Overview
Pearce Community Center Inc is located in Chillicothe, IL. The organization was established in 1994. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Pearce Community Center Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearce Community Center 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, Pearce Community Center Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S EXEMPT PURPOSE IS TO OPERATE & MAINTAIN A COMMUNITY CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SOCIAL, RECREATIONAL, AND ATHLETIC PROGRAMS FOR THE CHILLICOTHE AREA RESIDENTS THROUGH ITS COMMUNITY CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carie Mcintyre Director | OfficerTrustee | 1 | $72,582 |
John Calhoun President | OfficerTrustee | 2 | $0 |
Mary Jo Schettler Director | Trustee | 1 | $0 |
Jacob Auge Director | Trustee | 1 | $0 |
Peter Truitt Director | Trustee | 1 | $0 |
Courtney Raonsom Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $17,235 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,527 |
| Total Program Service Revenue | $1,163,630 |
| Investment income | $956 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,240,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $74,759 |
| Compensation of current officers, directors, key employees. | $12,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $562,399 |
| Pension plan accruals and contributions | $3,444 |
| Other employee benefits | $4,589 |
| Payroll taxes | $50,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $10,988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,238 |
| Advertising and promotion | $28,913 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $146,152 |
| 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 | $246,528 |
| Insurance | $28,386 |
| All other expenses | $17,931 |
| Total functional expenses | $1,380,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350 |
| Savings and temporary cash investments | $232,471 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $888,330 |
| 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 | $13,680 |
| Net Land, buildings, and equipment | $2,877,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,012,631 |
| Accounts payable and accrued expenses | $67,493 |
| Grants payable | $0 |
| Deferred revenue | $70,320 |
| 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 | $0 |
| Total liabilities | $137,813 |
| Net assets without donor restrictions | $3,873,747 |
| Net assets with donor restrictions | $1,071 |
| 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 | $4,012,631 |