Roth & Letch Family Charitable Foundation
- Assets
- $32.0m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dakota Dunes, SD
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-3941419
Organization Overview
Roth & Letch Family Charitable Foundation is located in Dakota Dunes, SD. The organization was established in 2018. 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. Roth & Letch Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Roth & Letch Family Charitable Foundation has awarded 17 individual grants totaling $5,910,000. 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
CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF THE SIOUXLAND CHAMBER FOUNDATION. THE SIOUXLAND CHAMBER FOUNDATION OPERATES EXCLUSIVELY FOR CHARITABLE PURPOSES, PRIMARILY IN OR FOR THE BENEFIT OF THE TRI-STATE COMMUNITY (IOWA, NEBRASKA & SOUTH DAKOTA) KNOWN AS SIOUXLAND, INCLUDING, WITHOUT LIMITATION, PROJECTS OUTSIDE OF THE SIOUXLAND AREA WITH A SPECIAL RELATIONSHIP TO THE INTERESTS OF THE SIOUXLAND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MADE CONTRIBUTIONS TOTALING $1,133,000 IN 2021 TO SUPPORT CHARITABLE, RELIGIOUS, EDUCATIONAL & SCIENTIFIC 501(C)(3) ORGANIZATIONS THAT PROVIDE BENEFITS TO THE SIOUXLAND COMMUNITY (IOWA, NEBRASKA & SOUTH DAKOTA TRI-STATE AREA), INCLUDING SUPPORT FOR PROJECTS WITH A SPECIAL RELATIONSHIP TO THE INTERESTS OF THE SIOUXLAND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Roth President/director | OfficerTrustee | 0 | $0 |
Jeniifer Letch Sec/treas/director | OfficerTrustee | 0 | $0 |
Richard Jochum Vice Presdient | Officer | 0 | $0 |
Barbara Sloniker Director | Trustee | 0 | $0 |
Darrell Jesse Director | Trustee | 0 | $0 |
Skip Perley Director | Trustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,133,000 |
| 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 | $0 |
| Fees for services: Accounting | $6,636 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14 |
| 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 | $57,908 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,197,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,166,986 |
| 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 | $24,853,121 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,020,107 |
| 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 | $2,500,000 |
| Other liabilities | $0 |
| Total liabilities | $2,500,000 |
| 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 | $29,520,107 |
| Total liabilities and net assets/fund balances | $32,020,107 |
Grants Awarded
Over the last fiscal year, Roth & Letch Family Charitable Foundation has awarded $1,133,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sioux City, IA PURPOSE: TO SUPPORT THE SIOUX CITY PARKS & RECREATION FOUNDATION, INC.'S RIVERFRONT RE-DEVELOPMENT PROJECT. | $833,000 |
Chicago, IL PURPOSE: TO SUPPORT STOP FOODBORNE ILLNESS, INC.'S MISSION OF PREVENTION OF ILLNESS AND DEATH FROM FOODBORNE PATHOGENS BY ADVOCATING FOR SOUND PUBLIC POLICY, BUILDING PUBLIC AWARENESS AND ASSISTING THOSE IMPACTED BY FOODBORNE ILLNESS | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Continuing Legal Education St Paul, MN | $8,925,576 | $6,672,774 |
Cedar Valley Friends Of The Family Inc Waterloo, IA | $2,837,799 | $5,986,099 |
Dairy Lab Services Inc Dubuque, IA | $2,147,827 | $2,967,894 |
Northfield Healthy Community Initiative Northfield, MN | $2,436,956 | $3,116,991 |
Souris Basin Planning Council Minot, ND | $2,307,834 | $2,465,204 |
Creighton Dental Qalicb Inc Omaha, NE | $58,173,712 | $318,000 |
Highlander Phase I Qalicb Inc Omaha, NE | $24,103,706 | $743,746 |
Roth & Letch Family Charitable Foundation Dakota Dunes, SD | $32,020,107 | $0 |
Sheet Metal Local 10 Control Board Trust Fund Maplewood, MN | $2,121,090 | $1,230,944 |
Greater Downtown Council Duluth, MN | $634,553 | $895,714 |
Friends Of The Goss Opera House Inc Watertown, SD | $5,044,640 | $1,355,327 |
Highland Perpetual Maintenance Society Inc Des Moines, IA | $8,135,629 | $1,156,807 |