Two Rivers Council Foundation
- Assets
- $455.1k
- Revenue
- $383.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Quincy, IL
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 37-1282554
Organization Overview
Two Rivers Council Foundation is located in Quincy, IL. The organization was established in 1994. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Two Rivers Council 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 12/2021, Two Rivers Council Foundation generated $383.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $428.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST TWO RIVERS REGIONAL COUNCIL OF PUBLIC OFFICIALS IN FURTHERING THE EFFORTS OF LOCAL GOVERNMENTS AND AID THE ECONOMICALLY DISADVANTAGED THROUGHOUT THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS BENEFIT NEEDY INDIVIDUALS IN AREA WITH FINANCIAL HELP TOWARD HOUSING, CLOTHING, & OTHER AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Oshner Director | Officer | $0 | |
Holly Cain Board Member | Trustee | $0 | |
Theresa Bockhold Sec/treasure | Trustee | $0 | |
Steven Demoss Board Member | Trustee | $0 | |
Kevin Endebrock Board Member | Trustee | $0 | |
John Birch Board Member | Trustee | $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 | $385,786 |
| Noncash contributions included in lines 1a–1f | $340,508 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $385,786 |
| Total Program Service Revenue | $0 |
| Investment income | $401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,952 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,994 |
| Grants and other assistance to domestic individuals. | $359,993 |
| 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 | $1,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $940 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,415 |
| Insurance | $0 |
| All other expenses | $1,462 |
| Total functional expenses | $428,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,863 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,990 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $40,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $156,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $455,052 |
| Accounts payable and accrued expenses | $11,354 |
| 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 | $68,101 |
| Other liabilities | $73,750 |
| Total liabilities | $153,205 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $301,849 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$2 |
| Total liabilities and net assets/fund balances | $455,052 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Two Rivers Council Foundation has recieved totaling $345,790.
| Awarding Organization | Amount |
|---|---|
Illinois Association Of Community Action Agencies Springfield, IL PURPOSE: SUBSIDIZED RENT PAYMENTS FOR INDIVIDUALS WITH INCOME UNDER 30% OF THE AVERAGE MEDIUM INCOME LIVING IN RURAL AREAS. | $345,790 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Services Inc Madison, WI | $8,275,764 | $17,473,845 |
Neighborhood Lending Services Inc Chicago, IL | $30,819,021 | $4,912,824 |
Bickerdike Redevelopment Corporation Chicago, IL | $86,161,772 | $4,493,644 |
Project Home Inc Madison, WI | $5,333,055 | $4,173,429 |
Wisconsin Native Loan Fund Inc Lac Du Flambeau, WI | $5,661,202 | $1,436,627 |
Hope Of Evansville Inc Evansville, IN | $1,278,111 | $550,592 |
Energy Assistance Foundation Decatur, IL | $2,534,598 | $752,015 |
United Neighborhoods Inc Hammond, IN | $1,715,145 | $339,107 |
East Central Iowa Housing Trust Fund Cedar Rapids, IA | $351,251 | $389,643 |
Two Rivers Council Foundation Quincy, IL | $455,052 | $383,235 |
Marquette Bank Affordable Housing Foundation Chicago, IL | $1,432,844 | $100,609 |
Chariton Valley Regional Housing Trust Fund Inc Centerville, IA | $1,328,374 | $578,135 |