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Nonprofit · EIN 35-1859959

MADISON COUNTY COMMUNITY FOUNDATION INC

Tax-exempt · ANDERSON, IN 46016

Financials

$2.3M$2.4M2023$5.5M$3M2024$12.6M$3.2M2025
Revenue Expenses · by fiscal year end
Financials of MADISON COUNTY COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$12,578,114$3,214,712$9,363,402$36,543,477$2,300,937$34,242,540
December 31, 2024990$5,519,519$2,977,316$2,542,203$30,858,013$2,094,028$28,763,985
December 31, 2023990$2,309,487$2,388,299-$78,812$28,182,520$1,844,167$26,338,353
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,401,433
Program service revenue
$504,941
Investment income
$7,671,740
Net gain from sales of assets
$6,806,296
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,954,836
Compensation of officers, directors and key employees
$116,188
Other salaries and wages
$207,296
Salaries, compensation and benefits (total)
$389,528
Professional fundraising fees
$0
Accounting fees
$52,834
Occupancy
$43,169
Depreciation
$3,587
Program services (functional)
$2,398,857
Management and general (functional)
$712,790
Fundraising (functional)
$103,065

Balance sheet and other

Total assets, start of year
$30,858,013
Total assets, end of year
$36,543,477
Total liabilities, end of year
$2,300,937
Net assets, end of year
$34,242,540
Land, buildings and equipment
$617,439
Publicly traded securities
$29,289,450
Net assets without donor restrictions
$5,029,277
Net assets with donor restrictions
$29,213,263
Gross receipts
$57,999,312
Employees
5
Volunteers
14
Year formed
1992
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BEN DAVISPRESIDENT
Officer
40$116,188
KOTY MCDOLECHAIR
Trustee or director, Officer
1$0
JILL MCKINNEYSECRETARY/VI
Trustee or director, Officer
1$0
BRIAN DONAHUEEXEC COMM. M
Trustee or director, Officer
1$0
ERIC DAVISDIRECTOR
Trustee or director
1$0
GINA BRISCOTREASURER
Trustee or director
1$0
LIBBY MANNINGDIRECTOR
Trustee or director
1$0
LJ MECHEMDIRECTOR
Trustee or director
1$0
KIM TOWNSENDDIRECTOR
Trustee or director
1$0
TERRI AUSTINDIRECTOR
Trustee or director
1$0
TERRY TRUITTDIRECTOR
Trustee or director
1$0
SUAHIL HOUSHOLDERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
BEN DAVISPRESIDENT
Officer
40$99,016
KOTY MCDOLECHAIR
Trustee or director, Officer
1$0
JILL MCKINNEYSECRETARY
Trustee or director, Officer
1$0
BRIAN DONAHUETREASURER
Trustee or director, Officer
1$0
ERIC DAVISDIRECTOR
Trustee or director
1$0
GINA BRISCODIRECTOR
Trustee or director
1$0
LAINE WOLFEDIRECTOR
Trustee or director
1$0
TOM BEEMANDIRECTOR
Trustee or director
1$0
LARRY MECHEMDIRECTOR
Trustee or director
1$0
KIM TOWNSENDDIRECTOR
Trustee or director
1$0
TERRI AUSTINDIRECTOR
Trustee or director
1$0
TERRY TRUITTDIRECTOR
Trustee or director
1$0
MICHELE HOCKWALTDIRECTOR
Trustee or director
1$0
SUAHIL HOUSHOLDERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
BEN DAVISPRESIDENT
Officer
40$95,000$2,850
TOM BEEMANCHAIR
Trustee or director, Officer
1$0$0
NANCY LIKENSCHAIR EMERIT
Trustee or director, Officer
1$0$0
BRIAN DONAHUETREASURER
Trustee or director, Officer
1$0$0
LAINE PATTERSONSECRETARY
Trustee or director, Officer
1$0$0
JILL MCKINNEYDIRECTOR
Trustee or director
1$0$0
GINA BRISCODIRECTOR
Trustee or director
1$0$0
ERIC DAVISDIRECTOR
Trustee or director
1$0$0
MARY JAMERSONDIRECTOR
Trustee or director
1$0$0
ROB LOOSEDIRECTOR
Trustee or director
1$0$0
STEVE MADINGERDIRECTOR
Trustee or director
1$0$0
KOTY MCDOLEDIRECTOR
Trustee or director
1$0$0
JOHN PISTOLEDIRECTOR
Trustee or director
1$0$0
BETH THARPDIRECTOR
Trustee or director
1$0$0
BILL WATSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
911 MERIDIAN ST, ANDERSON, IN 46016-1747
In care of
% RICK HOUSTON
Principal officer (990 for 2025)
KOTY MCDOLE, 911 MERIDIAN ST, ANDERSON, IN 46016
Signed the 990
BEN DAVIS, PRESIDENT
Phone
(765) 644-0002
Return prepared by
ESTEP BURKEY SIMMONS LLC

Mission

OUR GOAL AT MADISON COUNTY COMMUNITY FOUNDATION IS TO INVEST IN LASTING POSITIVE CHANGE TO ELEVATE AND STRENGTHEN MADISON COUNTY. WE ENVISION MADISON COUNTY AS A COMMUNITY WHERE EVERY PERSON HAS THE OPPORTUNITY TO THRIVE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ADMINISTRATION OF GRANTS AND EXPENDITURES MADE IN ACCORDANCE WITH DONOR RESTRICTIONS AND/OR PURPOSE OF SPECIFIC ENDOWMENT FUNDS. THE POPULATION SERVED DIRECTLY AND INDIRECTLY IS CONSIDERED TO BE THE MADISON COUNTY, INDIANA COMMUNITY AT LARGE.
    Expenses $1,954,836 · grants $1,954,836 · revenue $504,941
  • ENHANCING THE QUALITY OF LIFE OF THE CITIZENS OF MADISON COUNTY BY ATTRACTING CHARITABLE GIFTS, SEEKING GRANTS, MAKING PHILANTHROPIC GRANTS IN RESPONSE TO COMMUNITY NEEDS AND PROVIDING RESPONSIBLE FINANCIAL STEWARDSHIP AND COMMUNITY LEADERSHIP.
    Expenses $444,021
  • ENHANCING THE QUALITY OF LIFE OF THE CITIZEN'S OF MADISON COUNTY BY ATTRACTING CHARITABLE GIFTS, SEEKING GRANTS, MAKING PHILANTHROPIC GRANTS IN RESPONSE TO COMMUNITY NEEDS AND PROVIDING RESPONSIBLE FINANCIAL STEWARDSHIP AND COMMUNITY LEADERSHIP.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1859959
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,543,477
Income (IRS master file)
$57,999,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$12,578,114$3,214,712$36,543,477XML
990December 2024$5,519,519$2,977,316$30,858,013XML
990December 2023$2,309,487$2,388,299$28,182,520XML
990December 2022$3,500,776$2,287,181$25,862,670IRS
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 35-1859959).

Questions about MADISON COUNTY COMMUNITY FOUNDATION INC

What is the EIN of MADISON COUNTY COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of MADISON COUNTY COMMUNITY FOUNDATION INC is 35-1859959.
Is MADISON COUNTY COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to MADISON COUNTY COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON COUNTY 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 MADISON COUNTY COMMUNITY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON COUNTY COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MADISON COUNTY COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2025 names KOTY MCDOLE.
Who are the officers and directors of MADISON COUNTY COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $116,188 (BEN DAVIS, PRESIDENT).
How much revenue does MADISON COUNTY COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $12,578,114, expenses of $3,214,712 and total assets of $36,543,477 at year end.

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