Bedford Foundation is located in Bedford, IA. The organization was established in 1991. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedford 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, Bedford Foundation generated $62.2k 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 (21.8%) each year. All expenses for the organization totaled $43.5k during the year ending 12/2021. 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
TO PROMOTE THE SOCIAL, ECONOMIC AND CULTURAL GROWTH OF THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tanya Strong Vice Pres | 2 | $0 | |
Coleen Larimer Secretary | 2 | $0 | |
Garland Fickess Treasurer | 2 | $0 | |
Mary Lou Klassen President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $59,844 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,350 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,194 |
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 | $410 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,077 |
Total expenses | $43,487 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $363,672 |
Other assets | $0 |
Total assets | $363,672 |
Total liabilities | $0 |
Net assets or fund balances | $363,672 |
Over the last fiscal year, we have identified 2 grants that Bedford Foundation has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION | $7,500 |
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Northeast Nebraska Community Action Partnership Inc Pender, NE | $3,455,970 | $8,987,958 |
Seton Property Corporation Of North Alabama St Louis, MO | $50,940,533 | $5,932,254 |
Gopher State One-Call Inc Minneapolis, MN | $13,617,385 | $7,412,499 |
Downtown Parking Management Inc Cedar Rapids, IA | $2,652,564 | $2,696,142 |
St Marys Building Corporation St Louis, MO | $40,020,947 | $3,125,452 |
Providence Building Corporation Inc St Louis, MO | $6,600,443 | $3,711,993 |
Austin Peoples Action Center Chicago, IL | $1,169,247 | $2,618,671 |
Scott County Regional Authority Bettendorf, IA | $3,455,493 | $3,293,735 |
Choose Chicago Foundation Chicago, IL | $859,781 | $2,550,000 |
Delta Institute Chicago, IL | $8,129,187 | $1,847,841 |
Experimental Station Chicago, IL | $1,624,397 | $2,920,468 |
Midwest Consruction & Distribution Industry Benefit Trust Eagan, MN | $4,510,406 | $1,947,839 |