Manning Community Foundation
- Assets
- $1.0m
- Revenue
- $170.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Manning, IA
- Founding
- 06/1981
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Manning Community Foundation generated $170.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $178.6k during the year ending 12/2022. While expenses have increased by 2.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Arp Board Member | Trustee | 2 | $0 |
Mike Blum Board Member | Trustee | 2 | $0 |
Freda Dammann President | OfficerTrustee | 4 | $0 |
Lisa Halbur Secretary | OfficerTrustee | 4 | $0 |
Ron Halbur Vice-Preside | OfficerTrustee | 4 | $0 |
Karen Kienast Treasurer | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,414 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $65,669 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,083 |
| Total Program Service Revenue | $38,191 |
| Investment income | $195 |
| 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 | $8,230 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,751 |
| 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 | $30,635 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,772 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,230 |
| Office expenses | $2,322 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,783 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649 |
| Interest | $9,850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,826 |
| Insurance | $11,027 |
| All other expenses | $2,911 |
| Total functional expenses | $178,641 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,296 |
| 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 | $5,172 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $969,301 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,028,769 |
| 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 | $323,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $633 |
| Total liabilities | $324,472 |
| Net assets without donor restrictions | $677,489 |
| Net assets with donor restrictions | $26,808 |
| 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 | $1,028,769 |