Longville Area Community Foundation
- Assets
- $132.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Longville, MN
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 41-1699500
Organization Overview
Longville Area Community Foundation is located in Longville, MN. The organization was established in 1992. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longville Area Community 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, Longville Area Community Foundation generated $95.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $44.1k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THE LACF AWARDED $48,600 IN GRANTS AND SCHOLARSHIPS: FOOD INSECURITY - $13,000 CHILDREN AND YOUTH - $9,500 SCHOLARSHIPS TO COLLEGE STUDENTS - $5,500 RECREATION - $500 COMMUNITY BEAUTIFICATION - $15,100 COMMUNITY SAFETY - $5,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colleen Moravek President | 4 | $0 | |
John Happe Vice President | 4 | $0 | |
Russell Link Treasurer | 4 | $0 | |
Hope Olson Secretary | 4 | $0 | |
Fileasha Smith Board Member | 3 | $0 | |
Jodi Riesselman Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,282 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,076 |
| Other Revenue | $0 |
| Total Revenue | $95,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $320 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $671 |
| Other expenses | $3,209 |
| Total expenses | $44,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,845 |
| Other assets | $0 |
| Total assets | $132,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,845 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Longville Area Community Foundation has recieved totaling $37,000.
| Awarding Organization | Amount |
|---|---|
Catherine Marie Schmoker Family Foundation Edina, MN PURPOSE: CHARITABLE | $30,000 |
Schmoker Family Foundation Eden Prairie, MN PURPOSE: CHARITABLE | $5,000 |
Lisa Stuart Schmoker Family Foundation Edina, MN PURPOSE: CHARITABLE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bi-County Community Action Programs Inc Bemidji, MN | $4,444,331 | $10,197,107 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Tri County Action Program Inc Waite Park, MN | $7,447,011 | $9,188,205 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Catholic Charities Of The Archdiocese Of Milwaukee Inc Milwaukee, WI | $4,551,488 | $6,483,716 |
Indianhead Community Action Agency Ladysmith, WI | $6,806,545 | $7,146,116 |
Creative Community Options Inc Johnston, IA | $4,592,571 | $10,600,664 |
Minnesota River Area Agency On Aging Inc Mankato, MN | $2,137,697 | $7,668,556 |
Table To Table Food Distribution Network Iowa City, IA | $760,953 | $7,547,315 |
Native American Veterans Assistance Pine Ridge, SD | $3,554,178 | $8,561,228 |
Nexus Diversified Community Services Plymouth, MN | $72,247,234 | $7,466,723 |
Siouxland Human Investment Partnership Inc Sioux City, IA | $5,602,100 | $7,652,226 |