Mahomet Community Foundation
- Assets
- $39.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mahomet, IL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2509619
Organization Overview
Mahomet Community Foundation is located in Mahomet, IL. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mahomet 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 12/2023, Mahomet Community Foundation generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.8%) each year. All expenses for the organization totaled $153.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Peithmann Treasurer | 2 | $0 | |
Sean Widener President | 2 | $0 | |
Carole Tempel Assistant Treasurer | 2 | $0 | |
Rebecca Preston Vice-President | 2 | $0 | |
Daniel Waldinger Secretary | 2 | $0 | |
Patrick Brown Executive Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,112 |
| Other Revenue | $0 |
| Total Revenue | $12,112 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,972 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $152,972 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,799 |
| Other assets | $0 |
| Total assets | $39,799 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,799 |