Siouxland Community Foundation
- Assets
- $48.1m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Sioux City, IA
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 42-1323904
Organization Overview
Siouxland Community Foundation is located in Sioux City, IA. The organization was established in 1989. 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, Siouxland Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siouxland 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, Siouxland Community Foundation generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 6.3% 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.
Since 2014, Siouxland Community Foundation has awarded 767 individual grants totaling $10,687,247. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SIOUXLAND COMMUNITY FOUNDATION IS A TRUSTED ORGANIZATION THAT CONNECTS PEOPLE WHO CARE WITH CAUSES THAT MATTER BY PROVIDING A MEANS TO RECEIVE GIFTS AND DISTRIBUTE GRANTS IN RESPONSE TO COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED GRANTS TO ORGANIZATIONS PERFORMING CHARITABLE ACTIVITIES, PRIMARILY IN OR FOR THE BENEFIT OF THE SIOUXLAND AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Roberts Executive Director | Officer | 40 | $62,518 |
Robert Desmidt President | OfficerTrustee | 1 | $0 |
Tim Berger Secretary | OfficerTrustee | 1 | $0 |
Kelly Eckhoff Vice President/secretary | OfficerTrustee | 1 | $0 |
Richard Kunz Treasurer | OfficerTrustee | 1 | $0 |
Bruce Miller Director | Trustee | 1 | $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 | $3,003,993 |
| Noncash contributions included in lines 1a–1f | $174,265 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,003,993 |
| Total Program Service Revenue | $0 |
| Investment income | $825,087 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,948,172 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,846,258 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,875,369 |
| Grants and other assistance to domestic individuals. | $470,618 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,010 |
| Compensation of current officers, directors, key employees. | $35,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,454 |
| Pension plan accruals and contributions | $5,984 |
| Other employee benefits | $12,364 |
| Payroll taxes | $18,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $509 |
| Fees for services: Accounting | $13,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $171,804 |
| Fees for services: Other | $0 |
| Advertising and promotion | $39,439 |
| Office expenses | $1,439 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,596 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,824 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,037 |
| Insurance | $3,003 |
| All other expenses | $11,881 |
| Total functional expenses | $2,902,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,813 |
| Savings and temporary cash investments | $2,541,475 |
| Pledges and grants receivable | $50,000 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $1,913 |
| Net Land, buildings, and equipment | $2,073 |
| Investments—publicly traded securities | $45,036,100 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $436,288 |
| Total assets | $48,073,662 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $643,561 |
| 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 | $0 |
| Other liabilities | $3,132,147 |
| Total liabilities | $3,775,708 |
| Net assets without donor restrictions | $1,295,757 |
| Net assets with donor restrictions | $43,002,197 |
| 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 | $48,073,662 |
Grants Awarded
Over the last fiscal year, Siouxland Community Foundation has awarded $1,373,074 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
Washta, IA PURPOSE: ANNUAL DISTRIBUTION | $164,146 |
Sioux City, IA PURPOSE: GENERAL SUPPORT | $61,569 |
Sioux City, IA PURPOSE: ANNUAL DISTRIBUTION | $59,311 |
Sioux City, IA PURPOSE: ANNUAL DISTRIBUTION | $57,013 |
Sioux City, IA PURPOSE: GENERAL SUPPORT | $53,498 |
North Sioux City, SD PURPOSE: HOLOCAUST RAILCAR | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Siouxland Community Foundation has recieved totaling $576,480.
| Awarding Organization | Amount |
|---|---|
Chesterman Family Foundation Sioux City, IA PURPOSE: TO FURTHER PROGRAMS OF THE ORGANIZATION | $500,000 |
Aalfs Family Foundation Sioux City, IA PURPOSE: FRIENDS OF THE FOUNDATION FUND & RAG FUND | $44,000 |
Organization Name not Listed PURPOSE: UNRESTRICTED | | $10,000 |
Iowa Council Of Foundations West Des Moines, IA PURPOSE: GENERAL SUPPORT | $7,180 |
Land O L Foundation St Paul, MN PURPOSE: MEMBER CO-OP MATCHES | $3,800 |
Land O L Foundation St Paul, MN PURPOSE: MEMBER CO-OP MATCHES | $3,000 |
Endowment Analysis
| Beg. Balance | $37,972,128 |
| Earnings | $4,905,338 |
| Admin Expense | $536,024 |
| Net Contributions | $2,974,793 |
| Other Expense | $25,432 |
| Grants | $2,288,606 |
| Ending Balance | $43,002,197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communitygiving St Cloud, MN | $193,103,222 | $46,523,540 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
3m Open Fund Blaine, MN | $2,792,523 | $13,492,516 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |
West Central Initiative Fergus Falls, MN | $80,928,029 | $10,157,757 |
South Central Iowa Community Foundation Chariton, IA | $15,877,246 | $5,307,597 |