Inland Power Community Foundation is located in Spokane, WA. The organization was established in 2014. According to its NTEE Classification (T31) the organization is classified as: Community 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. Inland Power 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, Inland Power Community Foundation generated $61.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $74.3k during the year ending 12/2023. While expenses have increased by 26.8% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE INLAND POWER COMMUNITY FOUNDATION ACCEPTS DONATIONS FROM INLAND POWER & LIGHT MEMBERS AND DISTRIBUTES GRANTS TO APPLICANTS FROM LOCAL FAMILIES AND CHARITABLE ORGANIZATIONS TO BETTER THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Hayman Trustee | 0.5 | $0 | |
Kevin Bott Vice President | 0.5 | $0 | |
Val Taylor Secretary | 0.5 | $0 | |
James White Trustee | 0.5 | $0 | |
Dennis Dvorak Trustee | 0.5 | $0 | |
Jasen Bronec CEO | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,159 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,159 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $74,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,903 |
| Other assets | $0 |
| Total assets | $58,903 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,903 |