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Nonprofit · EIN 35-6042815

WELLS COUNTY FOUNDATION INC

Tax-exempt · BLUFFTON, IN 46714

Financials

$1.7M$1.6M2023$4.3M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of WELLS COUNTY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,323,351$1,902,283$2,421,068$39,895,401$1,569,393$38,326,008
December 31, 2023990$1,735,945$1,645,265$90,680$35,180,769$1,140,802$34,039,967
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,120,192
Program service revenue
$0
Investment income
$3,106,837
Net gain from sales of assets
$2,461,096
Other revenue
$96,322

Expenses

Grants and similar amounts paid
$1,543,877
Compensation of officers, directors and key employees
$88,500
Other salaries and wages
$106,574
Salaries, compensation and benefits (total)
$215,849
Professional fundraising fees
$0
Accounting fees
$52,299
Occupancy
$5,814
Travel
$301
Depreciation
$22,372
Program services (functional)
$1,623,991
Management and general (functional)
$207,120
Fundraising (functional)
$71,172

Balance sheet and other

Total assets, start of year
$35,180,769
Total assets, end of year
$39,895,401
Total liabilities, end of year
$1,569,393
Net assets, end of year
$38,326,008
Land, buildings and equipment
$311,340
Publicly traded securities
$36,984,400
Net assets without donor restrictions
$2,074,519
Net assets with donor restrictions
$36,251,489
Gross receipts
$18,311,112
Employees
3
Volunteers
30
Year formed
1957
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
TAMMY SLATEREXEC DIRECTOR40$88,500
ALAN GUNKELDirector
Trustee or director, Officer
0$0
BRAD JOHNSONTREASURER
Trustee or director, Officer
0$0
JESSICA BRICKERSecretary
Trustee or director, Officer
0$0
SARAH MCNEILLPresident
Trustee or director, Officer
0$0
RICK GENTISDirector
Trustee or director
0$0
KODY KUMFERDirector
Trustee or director
0$0
STEPHEN PASTOREVice President
Trustee or director
0$0
SETH WHICKERDirector
Trustee or director
0$0
MICHAEL TOWNEDirector
Trustee or director
0$0
LUANN GARTONDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
TAMMY SLATEREXEC DIRECTOR40$85,096
ALAN GUNKELPresident
Trustee or director, Officer
0$0
BRAD JOHNSONTREASURER
Trustee or director, Officer
0$0
JESSICA BRICKERSecretary
Trustee or director, Officer
0$0
SARAH MCNEILLVice President
Trustee or director, Officer
0$0
RICK GENTISDirector
Trustee or director
0$0
KODY KUMFERDirector
Trustee or director
0$0
STEPHEN PASTOREDirector
Trustee or director
0$0
SETH WHICKERDirector
Trustee or director
0$0
MICHAEL TOWNEDirector
Trustee or director
0$0
LUANN GARTONDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
222 W MARKET ST, BLUFFTON, IN 46714-1931
Signed the 990
TAMMY SLATER, Executive Director
Phone
(260) 824-8620
Return prepared by
Honegger Ringger & Co Inc

Mission

CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE BENEFITS AND DEVELOPMENT OF THE WELLS COUNTY COMMUNITY BY PROVIDING PROGRAM/PROJECT FUNDING FOR QUALIFIED CHARITABLE ORGANIZATIONS PURSUANT TO THE PURPOSE OF DONOR INTENTIONS AND BY FUNDING PROGRAMS OR PROJECTS THAT IMPROVE THE COMMUNITY.
    Expenses $1,052,685 · grants $1,015,603
  • AWARD SCHOLARSHIPS TO WELLS COUNTY RESIDENTS TO ASSIST IN PURSUING POST-SECONDARY EDUCATION. 162 STUDENTS RECEIVED SCHOLARSHIPS IN 2024.
    Expenses $571,306 · grants $528,274

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
35-6042815
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
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B820)
Assets (IRS master file)
$39,895,401
Income (IRS master file)
$18,311,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,323,351$1,902,283$39,895,401XML
990December 2023$1,735,945$1,645,265$35,180,769XML
990December 2022$1,745,304$1,897,913$31,426,440IRS
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 35-6042815).

Questions about WELLS COUNTY FOUNDATION INC

What is the EIN of WELLS COUNTY FOUNDATION INC?
The employer identification number (EIN) of WELLS COUNTY FOUNDATION INC is 35-6042815.
Is WELLS COUNTY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to WELLS COUNTY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WELLS COUNTY 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 WELLS COUNTY 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 WELLS COUNTY 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 are the officers and directors of WELLS COUNTY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $88,500 (TAMMY SLATER, EXEC DIRECTOR).
How much revenue does WELLS COUNTY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,323,351, expenses of $1,902,283 and total assets of $39,895,401 at year end.

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