Manning Community Foundation
- Assets
- $1.0m
- Revenue
- $161.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Manning, IA
- Founding
- 06/1981
- Data as of
- 12/2021
- EIN
- 42-1158700
Organization Overview
Manning Community Foundation is located in Manning, IA. The organization was established in 1981. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Manning Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manning 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, Manning Community Foundation generated $161.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $166.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
ACT AS AN INTERMEDIARY WHILE PRESERVING AND ENHANCING PROPERTIES IN MANNING, IOWA TO FIND NEW USES AND OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT AND PROMOTION OF A LOCAL HISTORICAL SITE AND CONFERENCE CENTER - INCREASING EXPOSURE THROUGH STATEWIDE CULTURAL ORGANIZATIONS, TOURS, AND SPECIAL EVENTS. ALSO, CONDUCTING A CAPITAL CAMPAIGN TO PURCHASE HISTORICAL PROPERTY RELEVANT TO THE AREA'S HERITAGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Freda Dammann Secretary | OfficerTrustee | 4 | $0 |
Karen Kienast Treasurer | OfficerTrustee | 6 | $0 |
Cory Arp Vice-Preside | OfficerTrustee | 2 | $0 |
Amy Osborne President | OfficerTrustee | 4 | $0 |
Mike Warner Board Member | Trustee | 2 | $0 |
Jean Stadtlander Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,515 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,748 |
| Total Program Service Revenue | $14,393 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $22,956 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,751 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,118 |
| Office expenses | $1,227 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,408 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,094 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,903 |
| Insurance | $10,579 |
| All other expenses | $1,797 |
| Total functional expenses | $166,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $44,990 |
| 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 | $7,400 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $979,469 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,650 |
| Total assets | $1,045,511 |
| 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 | $331,990 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,334 |
| Total liabilities | $333,324 |
| Net assets without donor restrictions | $694,705 |
| Net assets with donor restrictions | $17,482 |
| 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 | $1,045,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Manning Community Foundation has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Carroll County Carroll, IA PURPOSE: new roof, church & office lighting | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Omaha Community Foundation Donor Directed Depository Omaha, NE | $49,176,399 | $38,155,808 |
Nebraska Community Foundation Lincoln, NE | $227,749,373 | $20,781,363 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Lincoln Community Foundation Inc Lincoln, NE | $161,472,860 | $29,470,305 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |