Otsego Community Foundation FY2020 filing

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501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$43K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.3M a year · 50% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $6.3M in investments, Pt X · Ln 11–13
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $47K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$835K
Spent
$564K
To programs
77%
Net assets
$5.5M
By yearFY2020–FY2025
Revenue
$835K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$835K
FY2021$1.2M
FY2022$4.6M
FY2023$2.5M
FY2024$3.3M
FY2025$3.6M
Expenses
$564K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$564K
FY2021$507K
FY2022$1.6M
FY2023$2.1M
FY2024$2.1M
FY2025$1.2M
Net assets
$5.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$5.5M
FY2021$6.7M
FY2022$8.3M
FY2023$9.1M
FY2024$10.2M
FY2025$13.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $432K Management & general 15% · $85K Fundraising 8% · $47K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $43K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$43,419Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Dana Bensinger’s $75K as Executive Director is at the 14th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dana Bensinger$74,564$68,782$59,652$57,403$45,533$43,419

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Otsego Community Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires people to give generously, strengthening the local community.

Questions for Otsego Community Foundation

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1 program · $432K · in their own filed words · FY2020
01

Disbursement to programs and groups from earnings used to support educational, environmental, youth, and other community needs. 74 grants and 25 scholarships were disbursed in 2020.

$432Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$47K
Grants paid · 117 grants · $4.7M · 2020–2025
Otsego County SportsplexMI · FY2025$83,973
Otsego County United Way INCMI · FY2025$66,612
Gaylord Community SchoolsFY2025$33,274
Johannesburg Lewiston Area SchoolsFY2025$31,799
The Refuge in Otsego CountyMI · FY2025$31,500
Unitemized GrantFY2025$28,500
Salvation ArmyMI · FY2025$27,500
Vanderbilt Area SchoolsFY2025$23,500
Northwest Michigan Works INCMI · FY2025$12,500
Otsego Conservation DistrictFY2025$11,253
See all 117 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$835K
Ln 12
Gifts and grantsLn 1h$606K
Investment incomeLn 3$162K
Other incomeLn 4–11$49K
Money outPt IX
$564K
Ln 25
Programscol B$432K
Managementcol C$85K
Fundraisingcol D$47K
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$386K
Total assetsLn 16$6.7M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$606K
Government grantsLn 1e$17K
Noncash giftsLn 1g$52K
Fundraising eventsLn 1c$53K
Fees for servicesLn 2g$18K
Investment incomeLn 3$162K
Other incomeLn 4–11$49K
Gains on assetsLn 7$59K
Total revenueLn 12$835K
Assets in detailPt X, end of year
CashLn 1$219K
SavingsLn 2$167K
Cash and savings togetherLn 1–2$386K
InvestmentsLn 11–13$6.3M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$6.7M
LiabilitiesLn 26$1.3M
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 679
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$52K
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$5.2M$4.4M$3.4M$3.6M$2.9M
Given inLn 1b$411K$660K$872K$520K$306K
SpentLn 1d–1f$364K$306K$681K−$235K−$229K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$384K$386K
InvestmentsLn 11–13$5.3M$6.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.7M$6.7M
LiabilitiesLn 26$1.1M$1.3M
Net assetsLn 32$4.7M$5.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$346K$346K
Grants to domestic individualsLn 2$30K$30K
Pay of current officers, directors and key staffLn 5$43K$13K$17K$13K
Other salaries and wagesLn 7$53K$8K$30K$14K
Payroll taxesLn 10$7K$1K$4K$1K
Accounting feesLn 11c$15K$796$13K$895
Investment management feesLn 11f$21K$21K
Advertising and promotionLn 12$9K$4K$2K$4K
Information technologyLn 14$671$201$269$201
OccupancyLn 16$8K$2K$5K$2K
Conferences, conventions and meetingsLn 19$2K$504$799$375
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$22K$5K$8K$10K
All other expensesLn 24e$5K$1K$3K$1K
Total functional expensesLn 25$564K$432K$85K$47K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 22, 2026 $3.6M$1.2M$2.4M$13.5M 990 PDF
FY2024Filed with the IRS Jun 4, 2025 $3.3M$2.1M$1.2M$10.2M 990 PDF
FY2023Filed with the IRS Aug 6, 2024 $2.5M$2.1M$403K$9.1M 990 PDF
FY2022Filed with the IRS Jul 10, 2023 $4.6M$1.6M$3.1M$8.3M 990 PDF
FY2021Filed with the IRS Sep 1, 2022 $1.2M$507K$727K$6.7M 990 PDF
FY2020 ViewingFiled with the IRS Aug 3, 2021 $835K$564K$270K$5.5M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $834,598 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $756,987$605,539
I-9 Program service revenuePrior year $17,072$17,999
I-10 Investment incomePrior year $150,119$162,005
I-11 Other revenuePrior year $7,416$49,055
I-12 Total revenuePrior year $931,594$834,598
I-13 Grants and similar amounts paidPrior year $204,961$376,213
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $87,005$103,752
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $90,094$84,324
I-18 Total expensesPrior year $382,060$564,289
I-19 Revenue less expensesPrior year $549,534$270,309
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $834,598 across 11 lines filed
VIII-1c Fundraising events$52,729
VIII-1e Government grants$16,800
VIII-1f All other contributions, gifts and grants$536,010
VIII-1g Noncash contributions (included above)$52,059
VIII-1h Total contributions, gifts and grants$605,539
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,999$17,999
VIII-3 Investment incomeExcluded from tax $102,643$102,643
VIII-5 RoyaltiesExcluded from tax $4,613$4,613
VIII-7 Net gain or loss on sales of assetsExcluded from tax $59,362$59,362
VIII-8 Net income from fundraising eventsExcluded from tax $44,442$44,442
VIII-12 Total revenueRelated to mission $17,999 · Unrelated business $0 · Excluded from tax $211,060$834,598
Part IX · Statement of functional expenses $564,289 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $346,288$346,288
IX-2 Grants to domestic individualsPrograms $29,925$29,925
IX-5 Pay of current officers, directors and key staffPrograms $13,026 · Management $17,367 · Fundraising $13,026$43,419
IX-7 Other salaries and wagesPrograms $7,929 · Management $30,444 · Fundraising $14,487$52,860
IX-10 Payroll taxesPrograms $1,495 · Management $4,483 · Fundraising $1,495$7,473
IX-11c Accounting feesPrograms $796 · Management $13,261 · Fundraising $895$14,952
IX-11f Investment management feesPrograms $21,154$21,154
IX-12 Advertising and promotionPrograms $3,584 · Management $1,792 · Fundraising $3,584$8,960
IX-14 Information technologyPrograms $201 · Management $269 · Fundraising $201$671
IX-16 OccupancyPrograms $1,530 · Management $4,590 · Fundraising $1,530$7,650
IX-19 Conferences, conventions and meetingsPrograms $504 · Management $799 · Fundraising $375$1,678
IX-23 InsuranceManagement $1,882$1,882
IX-24 Other expenses (24a–d)Programs $4,828 · Management $7,701 · Fundraising $9,779$22,308
IX-24e All other expensesPrograms $1,054 · Management $2,702 · Fundraising $1,313$5,069
IX-25 Total functional expensesPrograms $432,314 · Management $85,290 · Fundraising $46,685$564,289
Part X · Balance sheet $6,724,279 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $241,496$219,410
X-2 Savings and temporary cash investmentsStart of year $142,583$167,033
X-3 Pledges and grants receivableStart of year $63,366$31,590
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $5,298,998$6,306,246
X-16 Total assetsStart of year $5,746,443$6,724,279
X-17 Accounts payable and accrued expensesStart of year $2,504$7,281
X-18 Grants payable$180
X-25 Other liabilitiesStart of year $1,088,220$1,255,456
X-26 Total liabilitiesStart of year $1,090,724$1,262,917
X-27 Net assets without donor restrictionsStart of year $170,039$169,609
X-28 Net assets with donor restrictionsStart of year $4,485,680$5,291,753
X-32 Total net assets or fund balancesStart of year $4,655,719$5,461,362
X-33 Total liabilities and net assetsStart of year $5,746,443$6,724,279
Part XI · Reconciliation of net assets $5,461,362 net assets at year end
XI-1 Total revenue$834,598
XI-2 Total expenses$564,289
XI-3 Revenue less expenses$270,309
XI-4 Net assets at start of year$4,655,719
XI-5 Net unrealized gains (losses) on investments$535,334
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,461,362

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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