Immanuel Community Foundation FY2024 filing

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Raise and contribute funds to support the mission of Immanuel retirement communities, Immanuel home and Community resources, pace iowa, pace nebraska, Immanuel long term care, and irc II, INC.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2024 · 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
1 of 6
filings with a surplus
Average deficit $212K a year · 27% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $59K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$103K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$791K
-29% vs prior year
Spent
$1.1M
To programs
100%
Net assets
$4.7M
By yearFY2020–FY2025
Revenue
$791K
FY2024▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$372K
FY2021$257K
FY2022$979K
FY2023$1.1M
FY2024$791K
FY2025$1.1M
Expenses
$1.1M
FY2024▼ -17%
Tap a bar for its year
Expenses by fiscal year
FY2020$737K
FY2021$502K
FY2022$695K
FY2023$1.4M
FY2024$1.1M
FY2025$1.5M
Net assets
$4.7M
FY2024▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.4M
FY2022$4.9M
FY2023$4.6M
FY2024$4.7M
FY2025$4.6M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 1980.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.1M Management & general 0% · $6K

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

21 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Immanuel Community Foundation executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports senior living communities and healthcare services through fundraising.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2023
01

Fundraising, develop senior programs, develop funding opportunities and invest in affordable projects for seniors.

$1.1Mprogram 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 · FY2024
Total grants receivedfrom 1 funder$59K
Grants paid · 29 grants · $2.2M · 2019–2024
Unitemized GrantFY2024$225,455
Unitemized GrantFY2024$157,058
ImmanuelNE · FY2024$78,401
Immanuel Long Term CareNE · FY2024$39,190
Immanuel Affordable II INCNE · FY2024$32,451
Unitemized GrantFY2024$19,004
Unitemized GrantFY2023$144,244
Unitemized GrantFY2023$120,008
Unitemized GrantFY2023$15,089
Unitemized GrantFY2022$172,754
Unitemized GrantFY2022$150,773
ImmanuelNE · FY2022$16,990
Unitemized GrantFY2022$12,315
Irc II INCNE · FY2022$5,494
Unitemized GrantFY2021$92,138
See all 29 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$791K
Ln 12
Gifts and grantsLn 1h$786K
Investment incomeLn 3$6K
Money outPt IX
$1.1M
Ln 25
Programscol B$1.1M
Managementcol C$6K
Owns and owesPt X
$4.7M
net assets · Ln 32
Total assetsLn 16$4.8M
LiabilitiesLn 26$103K
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$786K
Investment incomeLn 3$6K
Gains on assetsLn 7−$24K
Total revenueLn 12$791K
Assets in detailPt X, end of year
InvestmentsLn 11–13$4.8M
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$4.8M
LiabilitiesLn 26$103K
Net assetsLn 32$4.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
InvestmentsLn 11–13$4.4M$4.8M
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$5.3M$4.8M
LiabilitiesLn 26$646K$103K
Net assetsLn 32$4.6M$4.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Grants to domestic individualsLn 2$279K$279K
Other salaries and wagesLn 7$149K$149K
Pension plan contributionsLn 8$9K$9K
Other employee benefitsLn 9$16K$16K
Payroll taxesLn 10$11K$11K
Accounting feesLn 11c$19K$19K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$200K$200K
Advertising and promotionLn 12$35K$35K
Office expensesLn 13$9K$9K
TravelLn 17$9K$9K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$953$31$922
Other expenses (24a–d)Ln 24$378K$378K
Total functional expensesLn 25$1.1M$1.1M$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.5M−$347K$4.6M 990 PDF
FY2024 Viewing $791K$1.1M−$344K$4.7M 990 PDF
FY2023 $1.1M$1.4M−$255K$4.6M 990 PDF
FY2022 $979K$695K$284K$4.9M 990 PDF
FY2021 $257K$502K−$245K$2.4M 990 PDF
FY2020 $372K$737K−$365K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $791,363 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,065,053$785,609
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $45,897$5,754
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,110,950$791,363
I-13 Grants and similar amounts paidPrior year $596,482$294,309
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $174,428$184,651
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $594,543$655,983
I-18 Total expensesPrior year $1,365,453$1,134,943
I-19 Revenue less expensesPrior year −$254,503−$343,580
Part VI · Governance 14 of 15 board members independent, 2 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $791,363 across 5 lines filed
VIII-1f All other contributions, gifts and grants$785,609
VIII-1h Total contributions, gifts and grants$785,609
VIII-3 Investment incomeExcluded from tax $29,517$29,517
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$23,763−$23,763
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $5,754$791,363
Part IX · Statement of functional expenses $1,134,943 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $14,968$14,968
IX-2 Grants to domestic individualsPrograms $279,341$279,341
IX-7 Other salaries and wagesPrograms $149,257$149,257
IX-8 Pension plan contributionsPrograms $8,855$8,855
IX-9 Other employee benefitsPrograms $15,558$15,558
IX-10 Payroll taxesPrograms $10,981$10,981
IX-11c Accounting feesPrograms $19,428$19,428
IX-11f Investment management feesManagement $3,403$3,403
IX-11g Other fees for servicesPrograms $200,028$200,028
IX-12 Advertising and promotionPrograms $34,730$34,730
IX-13 Office expensesPrograms $9,137$9,137
IX-17 TravelPrograms $9,491$9,491
IX-22 Depreciation, depletion and amortizationManagement $1,280$1,280
IX-23 InsurancePrograms $31 · Management $922$953
IX-24 Other expenses (24a–d)Programs $377,533$377,533
IX-25 Total functional expensesPrograms $1,129,338 · Management $5,605 · Fundraising $0$1,134,943
Part X · Balance sheet $4,789,185 assets, 12 lines filed
X-3 Pledges and grants receivableStart of year $25,693$25,693
X-10c Land, buildings and equipment, netStart of year $4,159$2,880
X-11 Publicly traded securitiesStart of year $864,383$1,260,612
X-12 Other securitiesStart of year $3,500,000$3,500,000
X-16 Total assetsStart of year $5,280,680$4,789,185
X-17 Accounts payable and accrued expensesStart of year $219,255$53,736
X-25 Other liabilitiesStart of year $426,960$49,061
X-26 Total liabilitiesStart of year $646,215$102,797
X-27 Net assets without donor restrictionsStart of year $2,592,419$2,711,501
X-28 Net assets with donor restrictionsStart of year $2,042,046$1,974,887
X-32 Total net assets or fund balancesStart of year $4,634,465$4,686,388
X-33 Total liabilities and net assetsStart of year $5,280,680$4,789,185
Part XI · Reconciliation of net assets $4,686,388 net assets at year end
XI-1 Total revenue$791,363
XI-2 Total expenses$1,134,943
XI-3 Revenue less expenses−$343,580
XI-4 Net assets at start of year$4,634,465
XI-5 Net unrealized gains (losses) on investments$393,858
XI-8 Prior period adjustments$1,645
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,686,388

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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