Shelbyville Area Community Foundation
- Assets
- $487.6k
- Revenue
- $179.0k
- Investments
- $0.0
- Employees
- 16
- Location
- Shelbyville, IL
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 72-1545377
Organization Overview
Shelbyville Area Community Foundation is located in Shelbyville, IL. The organization was established in 2003. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Shelbyville Area Community Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelbyville Area 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, Shelbyville Area Community Foundation generated $179.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $118.2k during the year ending 12/2021. While expenses have increased by 15.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE QUALITY OF LIFE IN THE SHELBYVILLE AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECEIVE DONATIONS FOR THE PURPOSE OF ENHANCING THE QUALITY OF LIFE FOR THE CITIZENS OF SHELBYVILLE, IL. THE FOUNDATION RECEIVES DONATIONS FOR MANY LOCAL PROGRAMS,BUILDINGS, SCHOLARSHIPS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Noel Bolinger II President | OfficerTrustee | 5 | $0 |
Walter Lookofsky Secretary | OfficerTrustee | 5 | $0 |
Molly K Pruemer Treasurer | OfficerTrustee | 5 | $0 |
Rg Smart Director | Trustee | 1 | $0 |
William Shoaff Director | Trustee | 1 | $0 |
Jerry Yockey 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 | $148,620 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,620 |
| Total Program Service Revenue | $0 |
| Investment income | $4,532 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1 |
| Net Gain/Loss on Asset Sales | $717 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $112,705 |
| Grants and other assistance to domestic individuals. | $1,000 |
| 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 | $0 |
| Fees for services: Accounting | $1,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $45 |
| 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 | $2,607 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $118,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,437 |
| Savings and temporary cash investments | $116,664 |
| 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 | $61,423 |
| Investments—publicly traded securities | $192,084 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $487,608 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $487,608 |
| Total liabilities and net assets/fund balances | $487,608 |
Grants Awarded
Over the last fiscal year, Shelbyville Area Community Foundation has awarded $99,692 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SHELBYVILLE PURPOSE: SEE PART IV | $88,912 |
KEEPER OF THE ARTS PURPOSE: SEE PART IV | $10,780 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shelbyville Area Community Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Landmarks Preservation Council Chicago, IL PURPOSE: HERITAGE GRANT PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chess Club And Scholastic Center Of Saint Louis St Louis, MO | $6,046,700 | $10,161,436 |
Boys And Girls Club Of Kenosha Inc Kenosha, WI | $3,512,810 | $5,648,462 |
Adams Park Community Center St Louis, MO | $0 | $0 |
Greater Altoona Community Service Campus Altoona, IA | $3,780,290 | $4,140,492 |
Kenosha Young Mens Christian Association Inc Kenosha, WI | $10,270,327 | $3,013,673 |
Swope Corridor Renaissance Upper Room Inc Kansas City, MO | $2,067,798 | $4,562,727 |
Harlem Community Center Machesney Park, IL | $5,122,127 | $2,426,230 |
Joseph Center Forest Park, IL | $745,763 | $2,521,570 |
Louisville Central Community Center Inc Louisville, KY | $9,005,846 | $2,345,144 |
Y B M C Corporation Pierceton, IN | $1,737,147 | $1,674,529 |
River Forest Community Center River Forest, IL | $1,471,516 | $1,962,527 |
Algona Family Young Mens Christian Association Algona, IA | $4,936,950 | $1,554,463 |