Friends Of The Community Center Of Tipton County Inc

Organization Overview

Friends Of The Community Center Of Tipton County Inc is located in Tipton, IN. The organization was established in 1999. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, 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. Friends Of The Community Center Of Tipton County Inc 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, Friends Of The Community Center Of Tipton County Inc generated $166.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $110.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

SUPERVISING THE DAILY OPERATION OF THE COMMUNITY BUILDING FACILITIES. INCLUDED IN THIS ACTIVITY WOULD BE EMPLOYING AND SUPERVISING A BUILDING MANAGER AND SUPPORT STAFF. MANAGEMENT OF THE MAINTENANCE OF THE BUILDINGS AND GROUNDS. DEVELOPING POLICIES, PROCEDURES AND CRITERIA FOR PROSPECTIVE TENANTS OF THE FACILITY TO ASSURE THAT THEIR SERVICES AND PROGRAMS MEET THE NEEDS OF THE COMMUNITY'S YOUTH, SENIORS AND FAMILIES. ESTABLISH AND DETERMINE THE AMOUNTS OF RENT AND TERMS OF LEASES FOR THE COMMUNITY CENTER'S TENANTS. DEVELOP, FACILITATE AND IMPLEMENT ANY FUND RAISING ACTIVITIES NECESSARY TO BUILD AN ENDOWMENT TO ASSURE THAT THE FUTURE MAINTENANCE NEEDS OF THE FACILITY ARE MET. MANY OF THE TENANTS OF THE COMMUNITY CENTER WILL BE GROUPS SUCH AS THE SENIOR CITIZENS CENTER, THE BOYS AND GIRLS CLUB, THE LATCH KEY PROGRAM, ALTERNATIVE SCHOOL, ETC. MOST OF THESE CHARITABLE ORGANIZATIONS DEPEND UPON THEIR OWN FUND RAISING EFFORTS TO SUPPORT THEIR PROGRAMS AND SERVICES. IT IS ANTICIPATED THAT THE RENTS CHARGED TO THESE CHARITABLE ORGANIZATIONS WILL NOT BE ADEQUATE TO ADDRESS MAINTENANCE ISSUES. IT IS HOPED THAT THE COMMUNITY WILL SUPPORT THE FACILITY BY GIVING GIFTS TO AN ENDOWMENT FUND ESTABLISHED FOR THE PURPOSE OF ADDRESSING THE FUTURE MAINTENANCE NEEDS OF THE FACILITIES AND GROUNDS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$70,677
Total Program Service Revenue$95,616
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$166,293

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of The Community Center Of Tipton County Inc has recieved totaling $58,512.

Awarding OrganizationAmount
Tipton County Foundation Inc

Tipton, IN

PURPOSE: REPAIRS & MAINTENANCE ON COMMUNITY CENTER

$58,512
View Grant Recipient Profile

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