COMMUNITY FOUNDATION OF NORTHEAST IOWA

EIN: 426060414 501(c)(3) Philanthropy & Grantmaking

CEDAR FALLS, IA

Total Revenue
$14,451,129
Total Expenses
$11,141,420
Total Assets
$171,029,310
Net Assets
$164,534,539
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
IA
Principal Officer
KAYE M ENGLIN
Phone
3192879106
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION OF NORTHEAST IOWA, founded in 1956, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $14.5M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $3.3M, a strong 23% operating margin.

Mission

TO INSPIRE PEOPLE AND CONNECT RESOURCES TO ENRICH OUR COMMUNITIES. THE COMMUNITY FOUNDATION CARRIES OUT THIS MISSION ACROSS ITS 20 COUNTY REGION BY RESPONDING TO CURRENT AND FUTURE CHARITABLE NEEDS OF THE COMMUNITIES IT SERVES. THE FOUNDATION RESPONDS BY SUPPORTING NONPROFITS DOING GOOD IN THEIR COMMUNITIES THROUGH GRANTMAKING AND BY HELPING INDIVIDUALS, FAMILIES AND BUSINESSES ESTABLISH ENDOWMENT FUNDS TO CREATE LONG-TERM POSITIVE IMPACT ON THEIR COMMUNITIES AND THE CAUSES THEY ARE PASSIONATE ABOUT. THE COMMUNITY FOUNDATION ALSO ACTS AS PARTNER AND CONVENER THROUGH COLLABORATION WITH COMMUNITY AND PHILANTHROPIC LEADERS TO ADDRESS THE CHALLENGES IN OUR REGION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,955,241
Program Service Revenue $0
Investment Income $5,508,817
Other Revenue $-12,929
TOTAL REVENUE $14,451,129

Expense Breakdown

Grants Paid $8,850,242
Salaries & Benefits $1,509,645
Fundraising Expenses $346,421
Program Expenses $9,271,891
Other Expenses $781,533
TOTAL EXPENSES $11,141,420

Year-over-Year Comparison

2024 2023 Change
Revenue $14,451,129 $16,618,758 -0.1%
Expenses $11,141,420 $11,051,886 +0.0%
Net Income $3,309,709 $5,566,872 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
19
Volunteers
450

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
9
$628,737
Total Directors
16
$251,532
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYE M ENGLIN PRESIDENT & 40.00
Officer Director
$244,294 $7,238 $251,532
LIZ A KURTT VP OF FIN & 40.00
Officer
$113,746 $23,006 $136,752
ANGELA WIDNER VP COMMUNITY 40.00
Officer
$110,628 $14,917 $125,545
JAKE BYERS VP OF MKTG. 40.00
Officer
$98,512 $16,396 $114,908
RESHONDA YOUNG CHAIR 0.50
Officer Director
$0 $0 $0
SUSAN SIMS VICE CHAIR 0.50
Officer Director
$0 $0 $0
MICHELLE JUNGERS SECRETARY 0.50
Officer Director
$0 $0 $0
MIKE HULME TREASURER 0.50
Officer Director
$0 $0 $0
TODD HENNINGSEN PAST CHAIR 0.50
Officer Director
$0 $0 $0
JOY BRISCOE BOARD MEMBER 0.50
Director
$0 $0 $0
LAUREN FINKE BOARD MEMBER 0.50
Director
$0 $0 $0
MATTHEW GILBERT BOARD MEMBER 0.50
Director
$0 $0 $0
ASHLYN JUNGWIRTH BOARD MEMBER 0.50
Director
$0 $0 $0
CHAWNE PAIGE BOARD MEMBER 0.50
Director
$0 $0 $0
KALOLA ROBY BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT SOIFER BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT THOMSON BOARD MEMBER 0.50
Director
$0 $0 $0
MATT WALLER BOARD MEMBER 0.50
Director
$0 $0 $0
YOLANDA WILLIAMS BOARD MEMBER 0.50
Director
$0 $0 $0
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 $14,451,129 $11,141,420 $171,029,310 $3,309,709
2023 $16,618,758 $11,051,886 $163,398,434 $5,566,872
2022 $11,303,859 $9,661,734 $156,432,405 $1,642,125
2021 $24,241,546 $8,543,598 $163,015,524 $15,697,948
2020 $14,891,230 $7,442,692 $134,942,312 $7,448,538
2019 $10,050,300 $7,000,544 $121,450,606 $3,049,756
2018 $10,416,691 $7,111,491 $105,943,085 $3,305,200
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