Monticello Community Foundation is located in Monticello, IL. 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. Monticello 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, Monticello Community Foundation generated $16.8k in total revenue.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
GRANTS FOR CHARITABLE PURPOSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Corley Director | 1 | $0 | |
William F Tracy II Director | 1 | $0 | |
Gary D Huisinga Director | 1 | $0 | |
Kennedy K Hutson Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,265 |
| Gain or Loss | $7,539 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,804 |
| 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 | $4,895 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $724 |
| Total expenses | $5,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $470,170 |
| Other assets | $0 |
| Total assets | $470,170 |
| Total liabilities | $0 |
| Net assets or fund balances | $470,170 |