Skip to main content

Nonprofit · EIN 37-1377415

ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC

Tax-exempt · BLOOMINGTON, IL 61701

Financials

$2.9M$3.7M2022$5.2M$2.7M2023$6.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,102,537$3,344,848$2,757,689$27,538,130$589,230$26,948,900
June 30, 2024990$5,238,310$2,746,297$2,492,013$24,520,199$415,180$24,105,019
June 30, 2023990$2,851,414$3,682,458-$831,044$21,069,782$425,334$20,644,448
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,286,783
Program service revenue
$0
Investment income
$2,815,754
Net gain from sales of assets
$2,186,873
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,856,100
Compensation of officers, directors and key employees
$119,205
Other salaries and wages
$132,682
Salaries, compensation and benefits (total)
$300,906
Professional fundraising fees
$0
Accounting fees
$21,061
Occupancy
$11,357
Travel
$1,473
Depreciation
$424
Program services (functional)
$3,198,688
Management and general (functional)
$125,147
Fundraising (functional)
$21,013

Balance sheet and other

Total assets, start of year
$24,520,199
Total assets, end of year
$27,538,130
Total liabilities, end of year
$589,230
Net assets, end of year
$26,948,900
Publicly traded securities
$27,045,549
Net assets without donor restrictions
$26,948,900
Gross receipts
$23,054,726
Employees
4
Volunteers
40
Year formed
1998
State of legal domicile
IL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GREG MEYERFORMER EXECUTIVE DIR
Former
40$109,770$1,974
ERIK RANKINCEO
Officer
40$9,435$831
ADRIAN BARRDIRECTOR
Trustee or director
1$0$0
BRIAN GARWOODDIRECTOR
Trustee or director
1$0$0
JOSH BARNETTVICE PRESIDENT
Trustee or director, Officer
2$0$0
LAURA KOWALCZYKPRESIDENT
Trustee or director, Officer
2$0$0
JEFF SECORDDIRECTOR
Trustee or director
1$0$0
GENA GLOVERDIRECTOR
Trustee or director
1$0$0
TURKESHA COLLINSDIRECTOR
Trustee or director
1$0$0
MARY ANN WEBBDIRECTOR
Trustee or director, Officer
2$0$0
JULIA DAVISSECRETARY
Trustee or director, Officer
2$0$0
DEL SAAMDIRECTOR
Trustee or director
1$0$0
NATHAN IHNESDIRECTOR
Trustee or director
2$0$0
JOHN RASSITREASURER
Trustee or director, Officer
2$0$0
PHANI AYTAMDIRECTOR
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
DAN IRVINDIRECTOR
Trustee or director
1$0
RAVI SINGHALDIRECTOR
Trustee or director
1$0
DEBORAH HALPERINDIRECTOR
Trustee or director
1$0
MARK JONTRYDIRECTOR
Trustee or director
1$0
SHANNON SMITHDIRECTOR
Trustee or director
1$0
BJ WILKENDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
GREG MEYEREXECUTIVE DIR.
Officer
40$102,931$1,962
ADRIAN BARRDIRECTOR
Trustee or director
1$0$0
BRIAN GARWOODDIRECTOR
Trustee or director
1$0$0
JOSH BARNETTVICE PRESIDENT
Trustee or director, Officer
2$0$0
LAURA KOWALCZYKPRESIDENT
Trustee or director, Officer
2$0$0
JEFF SECORDDIRECTOR
Trustee or director
1$0$0
GINA GLOVERDIRECTOR
Trustee or director
1$0$0
TURKESHA COLLINSDIRECTOR
Trustee or director
1$0$0
MARY ANN WEBBTREASURER
Trustee or director, Officer
2$0$0
MARK JONTRYDIRECTOR
Trustee or director
1$0$0
DEL SAAMDIRECTOR
Trustee or director
1$0$0
NATHAN IHNESDIRECTOR
Trustee or director
2$0$0
JEROME MADDOXDIRECTOR
Trustee or director
1$0$0
JULIA DAVISDIRECTOR
Trustee or director
1$0$0
DAN IRVINDIRECTOR
Trustee or director
1$0$0
RAVI SINGHALDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
GREG MEYEREXECUTIVE DIR.
Officer
40$97,822$981
ADRIAN BARRDIRECTOR
Trustee or director
1$0$0
BRIAN GARWOODDIRECTOR
Trustee or director
1$0$0
JOSH BARNETTVICE PRESIDENT
Trustee or director, Officer
2$0$0
LAURA KOWALCZYKPRESIDENT
Trustee or director, Officer
2$0$0
JEFF SECORDDIRECTOR
Trustee or director
1$0$0
CARLA CAMPBELL-JACKSONDIRECTOR
Trustee or director
1$0$0
TURKESHA COLLINSDIRECTOR
Trustee or director
1$0$0
MARY ANN WEBBTREASURER
Trustee or director, Officer
2$0$0
MARK JONTRYDIRECTOR
Trustee or director
1$0$0
DEL SAAMDIRECTOR
Trustee or director
1$0$0
CAT WOODSDIRECTOR
Trustee or director
2$0$0
JEROME MADDOXDIRECTOR
Trustee or director
1$0$0
JULIA DAVISDIRECTOR
Trustee or director
1$0$0
MARY ANN SCHIERMANSECRETARY
Trustee or director, Officer
2$0$0
DAN IRVINDIRECTOR
Trustee or director
1$0$0
RAVI SINGHALDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
915 E WASHINGTON ST SUITE 2, BLOOMINGTON, IL 61701-4466
In care of
% A CLAY COX
Principal officer (990 for 2024)
LAURA KOWALCZYK, 915 E WASHINGTON STREET 2, BLOOMINGTON, IL 61701
Signed the 990
ERIK RANKIN, CEO
Phone
(309) 662-4477
Return prepared by
STRIEGEL KNOBLOCH & COMPANY LLC

Mission

FACILITATE CHARITABLE GIVING FOR INDIVIDUALS AND BUSINESSES, HELP ORGANIZATIONS WITH ENDOWMENT FUNDS, SERVE AS FISCAL AGENT FOR CHARITABLE COMMUNITY PROJECTS AND ACT AS A CATALYST FOR INNOVATIVE CHARITABLE SOLUTIONS TO MEET AREA NEEDS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION RECEIVES CONTRIBUTIONS AS A CONDUIT THROUGH WHICH DONORS BUILD AND STRENGTHEN THE COMMUNITY BY SUPPORTING LOCAL SOLUTIONS TO LOCAL PROBLEMS NOW AND IN PERPETUITY. ALL ASSETS AND EARNINGS OF THE FOUNDATION ARE UTILIZED EXCLUSIVELY FOR AND PURSUANT TO CHARITABLE AND EDUCATIONAL ENDEAVORS.
    Expenses $3,198,688 · grants $2,856,100

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
37-1377415
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
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$27,538,130
Income (IRS master file)
$23,054,726

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,102,537$3,344,848$27,538,130IRS
990June 2024$5,238,310$2,746,297$24,520,199XML
990June 2023$2,851,414$3,682,458$21,069,782XML
990June 2022$2,942,423$2,150,672$20,628,180IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 37-1377415).

Questions about ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC

What is the EIN of ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC is 37-1377415.
Is ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILLINOIS PRAIRIE 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 ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names LAURA KOWALCZYK.
Who are the officers and directors of ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 21 people; 2 received compensation from the organization, the highest $109,770 (GREG MEYER, FORMER EXECUTIVE DIR).
How much revenue does ILLINOIS PRAIRIE COMMUNITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,102,537, expenses of $3,344,848 and total assets of $27,538,130 at year end.

Other nonprofits in BLOOMINGTON

All nonprofits in BLOOMINGTON · Illinois · Philanthropy, voluntarism and grantmaking foundations