Arrowhead West Endowment Association
- Assets
- $125.6m
- Revenue
- $5.3m
- Investments
- $13.4m
- Employees
- 1
- Location
- Dodge City, KS
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 48-1105382
Organization Overview
Arrowhead West Endowment Association is located in Dodge City, KS. The organization was established in 1991. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Arrowhead West Endowment Association 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, Arrowhead West Endowment Association generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $915.6k during the year ending 12/2021. While expenses have increased by 7.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OWN, OPERATE, LEASE, RENT, ACQUIRE, HOLD, MANAGE, SELL, BUILD OR TRADE REAL ESTATE AND PERSONAL PROPERTY IN ANY WAY DEEMED BENEFICIAL FOR OPERATING EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. CONDUCT FUNDRAISING CAMPAIGNS AND RECEIVE CONTRIBUTIONS TO BE INVESTED, AND THE INCOME THEREOF MAY BE TRANSFERRED TO ARROWHEAD WEST, INC., A KANSAS CORPORATION, TO BE USED TO FURTHER ITS NONPROFIT ACTIVITIES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE; OR FOR OTHER CHARITABLE PURPOSES OR ENTITIES AS DESIGNATED FROM TIME TO TIME BY THE BOARD OF DIRECTORS OF ARROWHEAD WEST, INC., SO LONG AS SUCH PURPOSES OR ENTITIES QUALIFY AS TAX EXEMPT ORGANIZATIONS WITHIN THE MEANING OF SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
TO SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS IN ORDER TO PROVIDE FOR THE PERPETUAL SUPPORT AND ADVANCEMENT OF THE PURPOSES OF ARROWHEAD WEST, INC. AND ITS SERVICES TO PEOPLE WITH INTELLECTUAL AND OR DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Doll Chairperson | OfficerTrustee | 1 | $800 |
Lori Pendergast President | OfficerTrustee | 1 | $400 |
Steve Stein Secretary | OfficerTrustee | 1 | $800 |
Mike Stein Treasurer | OfficerTrustee | 1 | $600 |
Paula Mueting Vice-Chairperson | OfficerTrustee | 1 | $0 |
Kelly Mason Director | Trustee | 1 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,658 |
| Investment income | $1,468,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,778,513 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,308,890 |
| Statement of Expenses | |
|---|---|
| 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. | $29,200 |
| 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 | $0 |
| Fees for services: Accounting | $58,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,560 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,688 |
| Travel | $1,483 |
| 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 | $800,000 |
| Depreciation, depletion, and amortization | $7,289 |
| Insurance | $3,833 |
| All other expenses | $0 |
| Total functional expenses | $915,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,299,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $80,732 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $109,762,376 |
| Investments—other securities | $13,436,414 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $125,618,456 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $125,618,456 |