MIDLANDS COMMUNITY FOUNDATION

EIN: 510191738 501(c)(3) Philanthropy & Grantmaking

PAPILLION, NE

Total Revenue
$4,210,062
Total Expenses
$3,260,423
Total Assets
$13,682,404
Net Assets
$13,383,615
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NE
Principal Officer
KEVIN DASHER
Phone
4029918027
Tax Period
2022-07-01 to 2023-06-30

MIDLANDS COMMUNITY FOUNDATION, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.2M in total revenue in fiscal year 2022. The organization ran a surplus of $950K, a strong 23% operating margin.

Mission

THE FOCUS OF MIDLANDS COMMUNITY FOUNDATION IS TO BE A CATALYST FOR LASTING IMPACT IN SARPY AND CASS COUNTIES AND TO GIVE OPPORTUNITIES TO ORGANIZATIONS AND INDIVIDUALS SO THAT THEY CAN PURSUE THEIR CHARITABLE GOALS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,718,433
Program Service Revenue $1,975
Investment Income $477,148
Other Revenue $12,506
TOTAL REVENUE $4,210,062

Expense Breakdown

Grants Paid $2,778,189
Salaries & Benefits $275,341
Fundraising Expenses $77,579
Program Expenses $2,988,369
Other Expenses $206,893
TOTAL EXPENSES $3,260,423

Year-over-Year Comparison

2022 2021 Change
Revenue $4,210,062 $4,213,519 0.0%
Expenses $3,260,423 $2,824,654 +0.2%
Net Income $949,639 $1,388,865 -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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
4
Volunteers
49

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
6
$170,546
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN DASHER TREASURER/SECRETARY 5.00
Officer Director
$0 $0 $0
KARLA RUPIPER MEMBER 1.00
Director
$0 $0 $0
TOM ACKLEY PRESIDENT 5.00
Officer Director
$0 $0 $0
JANET BARNA OFFICER 1.00
Director
$0 $0 $0
JULIE BEAR OFFICER 1.00
Director
$0 $0 $0
JAN DAVIS MEMBER 1.00
Director
$0 $0 $0
VALERIE DOWNS MEMBER 1.00
Director
$0 $0 $0
MARY GAWECKI MEMBER 1.00
Director
$0 $0 $0
KARA HABROCK MEMBER 1.00
Director
$0 $0 $0
RICK ISKE VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
DR JIM LANGLEY MEMBER 1.00
Director
$0 $0 $0
LEE POLIKOV MEMBER 1.00
Director
$0 $0 $0
MATT POSPISIL MEMBER 1.00
Director
$0 $0 $0
BARB SLATTERY MEMBER 1.00
Director
$0 $0 $0
KEN SUMMERFIELD MEMBER 1.00
Director
$0 $0 $0
KATHY WENDLANDT OFFICER 1.00
Director
$0 $0 $0
SPENCER KIMBALL ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
ROD BUETHE MEMBER 1.00
Director
$0 $0 $0
KEVYN SOPINSKI MEMBER 1.00
Director
$0 $0 $0
JOHN JUNGERS MEMBER 1.00
Director
$0 $0 $0
TAMMI PALM MEMBER 1.00
Director
$0 $0 $0
LEANNE SOTAK MEMBER 1.00
Director
$0 $0 $0
DIANE KNICKY EXECUTIVE DIRECTOR (AS OF 9/5/2022) 50.00
Officer
$73,849 $12,521 $86,370
TONEE GAY EXECUTIVE DIRECTOR (THRU 9/2/2022) 50.00
Officer
$72,407 $11,769 $84,176
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $4,210,062 $3,260,423 $13,682,404 $949,639
2022 $4,213,519 $2,824,654 $11,959,678 $1,388,865
2021 $2,480,315 $2,302,410 $12,459,086 $177,905
2020 $2,757,315 $1,995,629 $10,707,016 $761,686
2019 $3,091,374 $1,582,820 $9,766,332 $1,508,554
2018 $3,075,332 $1,697,929 $8,052,633 $1,377,403
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