Rhinelander Community Foundation Inc
- Assets
- $985.6k
- Revenue
- $418.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Rhinelander, WI
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 47-5029315
Organization Overview
Rhinelander Community Foundation Inc is located in Rhinelander, WI. The organization was established in 2016. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Rhinelander Community Foundation 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, Rhinelander Community Foundation Inc generated $418.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE RHINELANDER COMMUNITY FOUNDATION IS TO FACILITATE CHARITABLE GIVING AND, TOGETHER WITH OUR DONORS, ENHANCE THE QUALITY OF LIVING IN THE RHINELANDER COMMUNITY NOW AND FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO AID IN THE IMPROVEMENT AND QUALITY OF LIVING ENHANCEMENT OF THE RHINELANDER, WISCONSIN COMMUNITY BY CONTRIBUTING TO LOCAL ORGANIZATIONS AND AREA IMPROVEMENT PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Campy Treasurer | OfficerTrustee | 1 | $0 |
Gina Heck President | OfficerTrustee | 2 | $0 |
Janet Jamison Secretary | OfficerTrustee | 2 | $0 |
Nick Cirilli Board Member | Trustee | 1 | $0 |
Michael Henry Board Member | Trustee | 1 | $0 |
George Juetten Board Member | Trustee | 2 | $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 | $399,711 |
| Noncash contributions included in lines 1a–1f | $14,359 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $399,711 |
| Total Program Service Revenue | $0 |
| Investment income | $6,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,501 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $418,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,638 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,207 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,707 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $196 |
| Fees for services: Other | $346 |
| Advertising and promotion | $5,911 |
| Office expenses | $878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $206 |
| All other expenses | $0 |
| Total functional expenses | $102,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $446,291 |
| Pledges and grants receivable | $7,000 |
| Accounts receivable, net | $19,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,282 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $510,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $985,574 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $11,725 |
| Deferred revenue | $3,255 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,980 |
| Net assets without donor restrictions | $414,568 |
| Net assets with donor restrictions | $556,026 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $985,574 |
Grants Awarded
Over the last fiscal year, Rhinelander Community Foundation Inc has awarded $378,422 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Rhinelander, WI PURPOSE: PICKLE BALL | $109,211 |
Rhinelander, WI PURPOSE: PICKLE BALL | $109,211 |
CITY OF RHINELANDER PURPOSE: TRAIN RESTORATION | $55,000 |
CITY OF RHINELANDER PURPOSE: TRAIN RESTORATION | $55,000 |
Rhinelander, WI PURPOSE: SPORTS COMPLEX | $25,000 |
Rhinelander, WI PURPOSE: SPORTS COMPLEX | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Rhinelander Community Foundation Inc has recieved totaling $28,105.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $16,600 |
Omelia Foundation Charitable Tr Ua 082597 No 47-0076-00-1 Birmingham, AL PURPOSE: GENERAL OPERATING | $10,000 |
Joy And Thomas Kealey Foundation Boise, ID PURPOSE: GENERAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $318,637 |
| Earnings | $54,409 |
| Admin Expense | $5,697 |
| Net Contributions | $150,705 |
| Grants | $8,033 |
| Ending Balance | $510,021 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Street Charitable Foundation Inc Milwaukee, WI | $72,743,564 | $36,616,391 |
Missouri River Historical Develop- Ment Inc Sioux City, IA | $5,283,123 | $4,260,184 |
East Moline Public Library Foundation East Moline, IL | $757,119 | $745,684 |
Michael E Portzen And Sara A Portzen Family Foundation Peosta, IA | $2,370,924 | $1,197,691 |
Baum Family Foundation Hastings, MI | $10,431,479 | $1,291,317 |
Owatonna Area Chamber Foundation Owatonna, MN | $195,093 | $449,503 |
Silver Beach Shadowland Saint Joseph, MI | $1,430,963 | $437,280 |
Wayne County-Detroit Cde Inc Detroit, MI | $4,766,254 | $730,026 |
Community Betterment Organization Pella, IA | $2,432,406 | $1,698,245 |
Harbor Hall Foundation Harbor Springs, MI | $13,613,969 | $2,399,523 |
Mille Lacs Trails Inc Aitkin, MN | $865,196 | $621,358 |
Central Iowa Housing Trust Fund Des Moines, IA | $344,976 | $398,757 |