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Nonprofit · EIN 26-0074023

BENTON COMMUNITY FOUNDATION INC

Tax-exempt · FOWLER, IN 47944

Financials

$786K$655K2023$1.5M$613K2024
Revenue Expenses · by fiscal year end
Financials of BENTON COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,530,520$613,068$917,452$11,242,163$725,671$10,516,492
December 31, 2023990$786,179$655,479$130,700$9,422,642$279,918$9,142,724
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$923,267
Program service revenue
$12,100
Investment income
$595,153
Net gain from sales of assets
$102,152
Other revenue
$0

Expenses

Grants and similar amounts paid
$291,074
Compensation of officers, directors and key employees
$68,401
Other salaries and wages
$38,409
Salaries, compensation and benefits (total)
$119,728
Professional fundraising fees
$0
Legal fees
$173
Accounting fees
$16,515
Occupancy
$3,237
Travel
$82
Depreciation
$1,469
Program services (functional)
$427,085
Management and general (functional)
$162,609
Fundraising (functional)
$23,374

Balance sheet and other

Total assets, start of year
$9,422,642
Total assets, end of year
$11,242,163
Total liabilities, end of year
$725,671
Net assets, end of year
$10,516,492
Land, buildings and equipment
$4,772
Publicly traded securities
$9,831,275
Net assets without donor restrictions
$5,807,872
Net assets with donor restrictions
$4,708,620
Gross receipts
$2,800,613
Employees
3
Volunteers
35
Year formed
2003
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANDREA BOWMANEXECUTIVE DI
Trustee or director, Officer
40$66,385$2,016
ROBERT HASSERPRESIDENT
Trustee or director, Officer
3$0$0
SAMANTHA TABERTSECRETARY
Trustee or director, Officer
2$0$0
JOHN KRETZMEIERDIRECTOR
Trustee or director
1$0$0
MORGAN LANGEDIRECTOR
Trustee or director
1$0$0
KATHLEEN MCGINNISDIRECTOR
Trustee or director
2$0$0
JEANNA PITSTICKDIRECTOR
Trustee or director
1$0$0
CURT PUETZDIRECTOR
Trustee or director
1$0$0
JOE SENESACDIRECTOR
Trustee or director
1$0$0
SARA WEBERDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
ANDREA BOWMANEXECUTIVE DI
Trustee or director, Officer
40$63,788$2,527
KATHLEEN MCGINNISDIRECTOR
Trustee or director
1.7$0$0
CURT PUETZDIRECTOR
Trustee or director
1.7$0$0
JOHN KRETZMEIERDIRECTOR
Trustee or director
1.7$0$0
ROBERT HASSERPRESIDENT
Trustee or director, Officer
1.7$0$0
JOE SENESACDIRECTOR
Trustee or director
1.7$0$0
SAMANTHA TABERTSECRETARY
Trustee or director, Officer
1.7$0$0
ALICE THURSTONDIRECTOR
Trustee or director
1.7$0$0
CHRISTIE WRIGHTDIRECTOR
Trustee or director
1.7$0$0
SARA WEBERDIRECTOR
Trustee or director
1.7$0$0

Address and contacts

Address (IRS master file)
PO BOX 351, FOWLER, IN 47944-0351
In care of
% ANDREA BOWMAN
Principal officer (990 for 2024)
ROBERT HASSER, 98 SOUTH 100 EAST, PO BOX 351, FOWLER, IN 47944
Signed the 990
ANDREA BOWMAN, EXECUTIVE DIRECTOR
Phone
(765) 884-8022
Return prepared by
HUTH THOMPSON LLP

Mission

THE MISSION OF BENTON COMMUNITY FOUNDATION IS TO ENHANCE THE QUALITY OF LIFE IN BENTON COUNTY THROUGH CIVIC LEADERSHIP, PHILANTHROPY, AND CHARITABLE ECONOMIC DEVELOPMENT INITIATIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY GRANTS - PROVIDE GRANTS AND TECHNICAL ASSISTANCE TO IMPROVE THE LIVES OF BENTON COUNTY RESIDENTS. THESE COMMUNITY GRANTS INCLUDE THE DOLLY PARTON IMAGINATION LIBRARY WHICH INCREASES LITERACY FOR NEARLY 200 TODDLERS IN BENTON COUNTY AND THE COUNCIL FOR ACADEMIC EXCELLENCE WHICH AWARDS 500 SCHOLARSHIPS FOR STUDENTS FOR EXCELLENT ACADEMIC ACHIEVEMENT.
    Expenses $427,085 · grants $291,074 · revenue $12,100

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0074023
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,242,163
Income (IRS master file)
$2,800,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,530,520$613,068$11,242,163IRS
990December 2023$786,179$655,479$9,422,642XML
990December 2022$1,286,486$640,544$8,453,181IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0074023).

Questions about BENTON COMMUNITY FOUNDATION INC

What is the EIN of BENTON COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of BENTON COMMUNITY FOUNDATION INC is 26-0074023.
Is BENTON COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to BENTON COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BENTON COMMUNITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BENTON COMMUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BENTON COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BENTON COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names ROBERT HASSER.
Who are the officers and directors of BENTON COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $66,385 (ANDREA BOWMAN, EXECUTIVE DI).
How much revenue does BENTON COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,530,520, expenses of $613,068 and total assets of $11,242,163 at year end.

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