PORTER COUNTY GOVERNMENT CHARITABLE NONPROFIT FOUNDATION INC

EIN: 811539044 501(c)(3) Philanthropy & Grantmaking

VALPARAISO, IN

Total Revenue
$10,531,624
Total Expenses
$5,706,598
Total Assets
$192,840,869
Net Assets
$192,840,869
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IN
Principal Officer
KAREN M MARTIN
Phone
2194653350
Tax Period
2024-01-01 to 2024-12-31

PORTER COUNTY GOVERNMENT CHARITABLE NONPROFIT FOUNDATION INC, founded in 2016, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.5M in total revenue in fiscal year 2024. The organization ran a surplus of $4.8M, a strong 46% operating margin.

Mission

| Explanation:| The Porter County Government Charitable Nonprofit Foundation PCGCNF is a public benefit corporation formed to benefit perform and carry out the charitable scientific and educational purposes of Porter County and to lessen the burden of Porter County government in providing public services. This mission is accomplished through the Foundations oversight of the sale of County capital assets in trust in accordance with Indiana Code 36-1-14-3.

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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 $0
Program Service Revenue $0
Investment Income $10,455,624
Other Revenue $76,000
TOTAL REVENUE $10,531,624

Expense Breakdown

Grants Paid $5,630,598
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,630,598
Other Expenses $76,000
TOTAL EXPENSES $5,706,598

Year-over-Year Comparison

2024 2023 Change
Revenue $10,531,624 $9,832,623 +0.1%
Expenses $5,706,598 $5,583,054 +0.0%
Net Income $4,825,026 $4,249,569 +0.1%
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
10
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$201,644
Total Directors
10
$326,594
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen M Martin Porter County Auditor 2.00
Officer
$0 $0 $80,698
Michelle Clancy Porter County Treasurer 1.00
Officer
$0 $0 $74,237
Scott McClure Porter County Attorney 2.00
Officer
$0 $0 $46,709
James Biggs Porter County Commissioner President 1.00
Director
$0 $0 $55,622
Laura Blaney Porter County Commissioner 1.00
Director
$0 $0 $55,622
Barb Regnitz Porter County Commissioner 1.00
Director
$0 $0 $55,622
Jeremy Rivas Porter County Council Member 1.00
Director
$0 $0 $22,503
Ronald Stone Porter County Council Member 1.00
Director
$0 $0 $22,503
Andrew Bozak Porter County Council Member 1.00
Director
$0 $0 $22,503
Michael Brickner Porter County Council President 1.00
Director
$0 $0 $24,710
Andrew Vasquez Porter County Council Member 1.00
Director
$0 $0 $22,503
Sylvia Graham Porter County Council Member 1.00
Director
$0 $0 $22,503
Gregory Simms Jr Porter County Council Member 1.00
Director
$0 $0 $22,503
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 $10,531,624 $5,706,598 $192,840,869 $4,825,026
2023 $9,832,623 $5,583,054 $181,159,148 $4,249,569
2022 $7,288,446 $5,551,961 $163,563,708 $1,736,485
2021 $7,720,193 $8,381,486 $195,277,590 $-661,293
2020 $15,502,795 $7,591,767 $188,015,526 $7,911,028
2019 $7,154,795 $85,318 $173,502,472 $7,069,477
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