Charles E Lakin Human Services Campus Foundation
- Assets
- $9.5m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Council Bluffs, IA
- Founding
- 07/2012
- Data as of
- 12/2023
- EIN
- 45-4639407
Organization Overview
Charles E Lakin Human Services Campus Foundation is located in Council Bluffs, IA. The organization was established in 2012. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. Charles E Lakin Human Services Campus 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 12/2023, Charles E Lakin Human Services Campus Foundation generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 59.3% each year . All expenses for the organization totaled $16.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS ORGANIZED AND OPERATED TO CONDUCT AND SUPPORT ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE SUPPORTED ORGANIZATIONS (HEARTLAND FAMILY SERVICE, BOYS AND GIRLS CLUBS OF THE MIDLANDS, THE SALVATION ARMY, AND MICAH HOUSE) IN RELATION TO THE SUPPORTED ORGANIZATIONS' OPERATIONS ON THE CHARLES E. LAKIN HUMAN SERVICES CAMPUS, AND THEIR PROGRAMS PROVIDING CHARITABLE HUMAN SERVICES TO THE GENERAL PUBLIC AT THE CAMPUS. THIS CAMPUS OFFERS VARIOUS SERVICES FOR LOW-INCOME INDIVIDUALS, INCLUDING HOUSING, EMERGENCY ASSISTANCE, SHELTER, PARENTING CLASSES AND AFTERSCHOOL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR THE MAINTENANCE OF THE CHARLES E. LAKIN HUMAN SERVICES CAMPUS AND ITS AGENCIES. THIS IS ACCOMPLISHED THROUGH PAYING FOR MAINTENANCE, REPAIRS AND IMPROVEMENTS IN THE COMMON AREAS OF THE CAMPUS. ANY NET INCOME AFTER THESE PAYMENTS WILL, FIRST, BE USED TO BUILD A RESERVE FOR MAJOR REPAIRS AND, SECOND, BE DISTRIBUTED EQUALLY TO THE SUPPORTED ORGANIZATIONS FOR REPAIR OR REFURBISHMENT OF THEIR FACILITIES ON THE CAMPUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hoich President | OfficerTrustee | 0.5 | $0 |
Mary O'neill Vice President | OfficerTrustee | 0.5 | $0 |
Melissa Christensen Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Tom Lindell Director | Trustee | 0.5 | $0 |
Ashley Flater Sime Director | Trustee | 0.5 | $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 | $2,832,486 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,832,486 |
| Total Program Service Revenue | $0 |
| Investment income | $18,909 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $69,677 |
| Net Gain/Loss on Asset Sales | $2,405 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,923,477 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,381 |
| Fees for services: Accounting | $4,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,756 |
| Total functional expenses | $16,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,578 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,000,000 |
| Investments—publicly traded securities | $960,395 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,485,234 |
| Total assets | $9,487,207 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,144,122 |
| Total liabilities | $4,144,122 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $5,343,085 |
| 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 | $9,487,207 |