Public Benefit Holding Corporation Of Spencer Iowa

Organization Overview

Public Benefit Holding Corporation Of Spencer Iowa is located in Spencer, IA. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Benefit Holding Corporation Of Spencer Iowa 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, Public Benefit Holding Corporation Of Spencer Iowa generated $256.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $201.0k during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BENEFIT THE SPENCER FAMILY YMCA

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC BENEFIT HOLDING CORP. OF SPENCER IA MANAGES FARMLAND FOR THE BENEFIT OF THE SPENCER FAMILY YMCA. THE EXCESS OF REVENUE OVER EXPENSES IS REMITTED TO THE YMCA TO BE USED FOR PROGRAM EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Ron Bauermeister
Secretary/treas
$0
Kent Christensen
Director
$0
Lee Seaman
Director
$0
John Blair
Director
$0
Roger Earl
Vice President
$0
Dale Hodges
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $224
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $250
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $256,213

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