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Nonprofit · EIN 35-1814927

WESTERN INDIANA COMMUNITY FOUNDATION INC

Tax-exempt · COVINGTON, IN 47932

Financials

$4.8M$2.6M2023$6.4M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of WESTERN INDIANA COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,385,248$2,700,414$3,684,834$42,589,531$464,850$42,124,681
December 31, 2023990$4,817,766$2,586,811$2,230,955$36,236,748$499,800$35,736,948
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,683,402
Program service revenue
$507,250
Investment income
$2,194,596
Net gain from sales of assets
$1,288,949
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,594,754
Compensation of officers, directors and key employees
$121,900
Other salaries and wages
$190,498
Salaries, compensation and benefits (total)
$390,509
Professional fundraising fees
$0
Accounting fees
$10,414
Occupancy
$14,328
Travel
$4,902
Depreciation
$8,588
Program services (functional)
$1,594,754
Management and general (functional)
$1,078,094
Fundraising (functional)
$27,566

Balance sheet and other

Total assets, start of year
$36,281,889
Total assets, end of year
$42,589,531
Total liabilities, end of year
$464,850
Net assets, end of year
$42,124,681
Land, buildings and equipment
$60,998
Publicly traded securities
$33,461,521
Net assets without donor restrictions
$1,302,699
Net assets with donor restrictions
$40,821,982
Gross receipts
$17,254,955
Employees
6
Volunteers
40
Year formed
1990
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 / weekCompensation
DALE WHITEEXECUTIVE DI
Officer
40$121,900
SUSAN REYNOLDSPRESIDENT
Trustee or director, Officer
1$0
RAQUEL STULTZVICE-PRESIDE
Trustee or director, Officer
1$0
KEVIN MARTINTREASURER
Trustee or director, Officer
1$0
TAYLOR POWELLDIRECTOR
Trustee or director
1$0
TOM MCGURK JRDIRECTOR
Trustee or director
1$0
ROBERT WRIGHTDIRECTOR
Trustee or director
1$0
RYAN SOWERSDIRECTOR
Trustee or director
1$0
MEGAN ELLERMOREDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DALE WHITEEXECUTIVE DI
Officer
40$114,766
SUSAN REYNOLDSPRESIDENT
Trustee or director, Officer
1$0
RAQUEL STULTZVICE-PRESIDE
Trustee or director, Officer
1$0
KEVIN MARTINTREASURER
Trustee or director, Officer
1$0
TAYLOR POWELLDIRECTOR
Trustee or director
1$0
TOM MCGURK JRDIRECTOR
Trustee or director
1$0
ROBERT WRIGHTDIRECTOR
Trustee or director
1$0
RYAN SOWERSDIRECTOR
Trustee or director
1$0
MEGAN ELLMOREDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 175, COVINGTON, IN 47932-0175
In care of
% JOHN L SNAMBACH
Principal officer (990 for 2024)
SUSAN REYNOLDS, 135 S STRINGTOWN RD PO BOX 175, COVINGTON, IN 47932
Signed the 990
KEVIN MARTIN, TREASURER
Phone
(765) 793-0702
Return prepared by
ESTEP BURKEY SIMMONS LLC

Mission

"HELPING PEOPLE IMPROVE OUR COMMUNITY." FAMILIES, INDIVIDUALS, BUSINESSES, AND NONPROFIT GROUPS ESTABLISH FUNDS WITHIN THE FOUNDATION INTO WHICH THEY CAN CONTRIBUTE A VARIETY OF ASSETS TO BE USED FOR CHARITABLE PURPOSES. GRANTS ARE AWARDED TO COMMUNITY PROJECTS, NONPROFIT ORGANIZATIONS, AND STUDENTS FOR SCHOLARSHIPS.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY PROGRAMS AND SCHOLARSHIPS FOR SECONDARY EDUCATION NEEDING SUPPORT FROM THE ENTIRE COMMUNITY.
    Expenses $1,594,754 · grants $1,594,754 · revenue $507,250

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
35-1814927
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$42,589,531
Income (IRS master file)
$17,254,955

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,385,248$2,700,414$42,589,531XML
990December 2023$4,817,766$2,586,811$36,236,748XML
990December 2022$3,172,409$1,908,778$31,699,703IRS
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 35-1814927).

Questions about WESTERN INDIANA COMMUNITY FOUNDATION INC

What is the EIN of WESTERN INDIANA COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of WESTERN INDIANA COMMUNITY FOUNDATION INC is 35-1814927.
Is WESTERN INDIANA COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to WESTERN INDIANA COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESTERN INDIANA 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 WESTERN INDIANA 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 WESTERN INDIANA 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 WESTERN INDIANA COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names SUSAN REYNOLDS.
Who are the officers and directors of WESTERN INDIANA COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $121,900 (DALE WHITE, EXECUTIVE DI).
How much revenue does WESTERN INDIANA COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,385,248, expenses of $2,700,414 and total assets of $42,589,531 at year end.

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