Iowa Lakes Electric Members Charitable Foundation
- Assets
- $16.3k
- Revenue
- $67.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Estherville, IA
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 82-5248472
Organization Overview
Iowa Lakes Electric Members Charitable Foundation is located in Estherville, IA. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Iowa Lakes Electric Members 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.
For the year ending 12/2021, Iowa Lakes Electric Members Charitable Foundation generated $67.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $71.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Iowa Lakes Electric Members Charitable Foundation has awarded 145 individual grants totaling $294,622. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarrett Smith Vice Chair | 1 | $0 | |
John Boettcher Secretary | 1 | $0 | |
Dan Sievers Treasurer | 1 | $0 | |
Ruth Brown Board Member | 1 | $0 | |
Robert Beneke Board Member | 1 | $0 | |
Bruce Chrestiansen Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $67,750 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2 |
| Total Revenue | $67,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,042 |
| Printing and publications | $0 |
| Other expenses | $196 |
| Total operating and administrative expenses | $2,238 |
| Contributions, gifts, grants paid | $69,141 |
| Total expenses and disbursements | $71,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,325 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,325 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Iowa Lakes Electric Members Charitable Foundation has awarded $69,141 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ROLFE PURPOSE: SUNSET RIDGE PARK PROJECT | $8,000 |
Estherville, IA PURPOSE: RESCUE TOOLS | $5,000 |
ESTHERVILLE POLICE DEPARTMENT PURPOSE: ESTHERVILLE POLICE DEPT SEARCH AND RESCUE PROJECT | $5,000 |
POCAHANTAS COUNTY FOUNDATION PURPOSE: COMMUNITY PLAYGROUND | $5,000 |
QUIMBY COMMUNITY FIRE DEPT PURPOSE: ADDITION TO FIRE STATION | $5,000 |
WALLINGFORD FIRE AMBULANCE PURPOSE: UPDATE FIRE EQUIPMENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Minnesota Masonic Charities Bloomington, MN | $12,657,081 | $2,476,347 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |
Coordinated Advice And Referral Program For Legal Services Chicago, IL | $2,874,944 | $4,385,388 |
Illinois Child Care Bureau Chicago, IL | $364,682 | $4,111,886 |
After The Harvest Kansas City, MO | $781,454 | $3,296,471 |