MAHASKA COMMUNITY RECREATION FOUNDA

EIN: 421490426 501(c)(3) Philanthropy & Grantmaking

OSKALOOSA, IA

Total Revenue
$1,808,736
Total Expenses
$1,188,076
Total Assets
$4,810,099
Net Assets
$4,809,468
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IA
Principal Officer
NIK RULE
Phone
6416722499
Tax Period
2023-01-01 to 2023-12-31

MAHASKA COMMUNITY RECREATION FOUNDA, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $621K, a strong 34% operating margin.

Mission

TO FACILITATE DEVELOPMENT OF RECREATIONAL FACILITIES, RESOURCES AND PROGRAMS WITH EMPHASIS ON HELPING CURRENT PROVIDERS EXPAND THEIR PROGRAMS AND FACILITIES. WE PROVIDE NEEDS ASSESSMENTS AND CAPABILITIES ASSESSMENTS TO THE COMMUNITIES IN OUR AREA AND OPERATE AS AN INFORMATION EXCHANGE AMONG THE CONSTITUENCIES AND THE PROVIDERS.

Program Service Accomplishments

Program 1
Expenses: $573,012 Revenue: $14,104

THE LACEY RECREATION COMPLEX BEGAN WITH THE DEVELOPMENT OF A 5-PLEX LITTLE LEAGUE COMPLEX AND HAS GROWN TO INCLUDE SOCCER FIELDS, ADDITIONAL BASEBALL AND SOFTBALL FIELDS AND ACTIVITIES, AND FOOTBALL...

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THE LACEY RECREATION COMPLEX BEGAN WITH THE DEVELOPMENT OF A 5-PLEX LITTLE LEAGUE COMPLEX AND HAS GROWN TO INCLUDE SOCCER FIELDS, ADDITIONAL BASEBALL AND SOFTBALL FIELDS AND ACTIVITIES, AND FOOTBALL FIELDS. CONSTRUCTION IS ALMOST COMPLETE ON THREE MORE BASBEABLL/SOFTBALL FIELDS. THE COMPLEX ALSO IS HOME TO A COLLEGIATE SIZED STADIUM (OWNED BY THE LOCAL COLLEGE) HOSTING FOOTBALL, SOCCER AND TRACK & FIELD AND LA CROSSE FOR HIGH SCHOOL AND COLLEGE AGE COMPETITION. THE NUMBER OF YOUTH AND COMMUNITY MEMBERS SERVED THROUGH THE COMPLEX AND STADIUM IS STEADY WITH OVER 100,000 SPECTATORS AND NEARLY 55,000 PLAYERS SERVED ANNUALLY.

Program 2

TRAIL TRAM (ELOGATED ELECTRIC GOLF CARTS CARRYING UP TO 7 PASSENGERS) TOURS BEGAN WITH ONE VOLUNTEER DRIVER AND 1 TRAM, BOOKING 63 TOURS IN 2010. THE PROGRAM WAS PLANNED FOR PATRONS WHO ARE NOT...

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TRAIL TRAM (ELOGATED ELECTRIC GOLF CARTS CARRYING UP TO 7 PASSENGERS) TOURS BEGAN WITH ONE VOLUNTEER DRIVER AND 1 TRAM, BOOKING 63 TOURS IN 2010. THE PROGRAM WAS PLANNED FOR PATRONS WHO ARE NOT OTHERWISE ABLE TO GET OUT IN FRESH AIR, TO BE ABLE TO SEE BEAUTIFUL SCENERY & LEARN THE HISTORY ALONG THE TRAIL FROM VOLUNTEER DRIVERS. THE PROGRAM TO DATE HAS GROWN TO INCLUDE 15 DRIVERS & FOUR TRAIL TRAMS AND OPEN PUBLIC TOURS, BOOKING AS MANY AS TWO TOURS A DAY. IN THE LAST 5 YEARS THE TRAIL HAS BROUGHT IN VISITORS TO OSKALOOSA AND THE MAHASKA COMMUNITY FROM AT LEAST 27 STATES AND 6 COUNTRIES

Program 3
Expenses: $515,695

THE MAHASKA COMMUNITY RECREATION TRAIL STARTED AS A DREAM WITH THE FIRST FOOT POURED IN 1999. TODAY, OVER 13.5 MILES OF PLANNED 15 MILES ARE IN EXISTENCE. WHEN FULLY DEVELOPED, THE TEN-FOOT WIDE...

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THE MAHASKA COMMUNITY RECREATION TRAIL STARTED AS A DREAM WITH THE FIRST FOOT POURED IN 1999. TODAY, OVER 13.5 MILES OF PLANNED 15 MILES ARE IN EXISTENCE. WHEN FULLY DEVELOPED, THE TEN-FOOT WIDE CONCRETE TRAIL WILL LOOP AROUND OSKALOOSA AND UNIVERSITY PARK IN MAHASKA COUNTY. IT FOLLOWS ALONG OLD RAIL RIGHT-OF-WAY, WINDS THROUGH SCENIC WOODLANDS, BY AGRICULTURAL FIELDS, THROUGH PARKS, BY TWO GOLF COURSES, OFFERS UNIQUE UNDERPASSES, AND SAFELY ACCOMMODATES TWO-WAY RECREATIONAL TRAFFIC.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,784,912
Program Service Revenue $14,104
Investment Income $284
Other Revenue $9,436
TOTAL REVENUE $1,808,736

Expense Breakdown

Grants Paid $70,955
Salaries & Benefits $76,708
Fundraising Expenses $29,250
Program Expenses $1,088,707
Other Expenses $1,040,413
TOTAL EXPENSES $1,188,076

Year-over-Year Comparison

2023 2022 Change
Revenue $1,808,736 $1,904,203 -0.1%
Expenses $1,188,076 $949,850 +0.3%
Net Income $620,660 $954,353 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
451

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$57,059
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY AALBERS BOARD MEMBER 0.25
Director
$0 $0 $0
WILLIAM ALMOND BOARD MEMBER 0.25
Director
$0 $0 $0
BENJAMIN BOEKE BOARD MEMBER 0.25
Director
$0 $0 $0
CHARLIE COMFORT BOARD MEMBER 0.25
Director
$0 $0 $0
JOE CROOKHAM TREASURER 4.00
Officer Director
$0 $0 $0
MIKE FISHER BOARD MEMBER 0.25
Director
$0 $0 $0
BOB MORRIS BOARD MEMBER 0.25
Director
$0 $0 $0
JENNIFER PETERSON BOARD MEMBER 0.25
Director
$0 $0 $0
TODD ROACH BOARD MEMBER 0.25
Director
$0 $0 $0
JEFF ROGERS BOARD MEMBER 4.00
Director
$0 $0 $0
NIK RULE PRESIDENT 4.00
Officer Director
$0 $0 $0
HEIDI SCHOLES VICE PRESIDE 4.00
Officer Director
$0 $0 $0
CHUCK WEBB BOARD MEMBER 0.25
Director
$0 $0 $0
MAKENZIE BURK EXEC. DIR/SE 40.00
Officer
$55,000 $2,059 $57,059
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,808,736 $1,188,076 $4,810,099 $620,660
2022 $1,904,203 $949,850 $4,192,088 $954,353
2021 $1,225,904 $1,150,040 $3,237,202 $75,864
2020 $865,818 $947,518 $3,161,307 $-81,700
2019 $1,371,325 $882,448 $3,242,744 $488,877
2018 $840,289 $795,239 $2,753,638 $45,050
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