Nonprofit · EIN 46-0350319
WATERTOWN COMMUNITY FOUNDATION
Tax-exempt · WATERTOWN, SD 57201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,597,438 | $1,785,293 | $2,812,145 | $943,893 | $18,035 | $925,858 |
| December 31, 2023 | 990 | $2,520,866 | $1,563,118 | $957,748 | $33,313,922 | $12,384,042 | $20,929,880 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,164,170
- Program service revenue
- $136,893
- Investment income
- $3,221,111
- Net gain from sales of assets
- $2,567,607
- Net income from fundraising events
- $75,264
- Other revenue
- $75,264
Expenses
- Grants and similar amounts paid
- $1,175,254
- Other salaries and wages
- $181,125
- Salaries, compensation and benefits (total)
- $213,452
- Professional fundraising fees
- $0
- Legal fees
- $18,220
- Accounting fees
- $23,894
- Occupancy
- $13,250
- Depreciation
- $11,553
- Program services (functional)
- $1,175,254
- Management and general (functional)
- $503,711
- Fundraising (functional)
- $106,328
Balance sheet and other
- Total assets, start of year
- $33,313,922
- Total assets, end of year
- $943,893
- Total liabilities, end of year
- $18,035
- Net assets, end of year
- $925,858
- Land, buildings and equipment
- $246,828
- Publicly traded securities
- $658,790
- Net assets without donor restrictions
- $7,442
- Net assets with donor restrictions
- $918,416
- Gross receipts
- $14,937,894
- Employees
- 3
- Year formed
- 1979
- State of legal domicile
- SD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAMMIE MENGWASSER | EXC DIRECTOR Key employee | 40 | $85,050 |
| MITCH ANDERSON | TRUSTEE Trustee or director | 5 | $0 |
| KASEY CHAPIN | TRUSTEE Trustee or director | 5 | $0 |
| DR JEFF DANIELSEN | DIRECTOR Trustee or director | 1 | $0 |
| CHARLIE EWALT | DIRECTOR Trustee or director | 1 | $0 |
| JULIE RANUM | DIRECTOR Trustee or director | 1 | $0 |
| JOEL VOCKRODT | DIRECTOR Trustee or director | 1 | $0 |
| ALEX AMMANN | DIRECTOR Trustee or director | 1 | $0 |
| TYLER DEBOER | TRUSTEE Trustee or director | 5 | $0 |
| TOM BEADNELL | VICE CHAIRPERSON Officer | 1 | $0 |
| LIAM CULHANE | CHAIRPERSON Officer | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL VOCKRODT | DIRECTOR Trustee or director | 1 | $0 |
| JULIE RANUM | DIRECTOR Trustee or director | 1 | $0 |
| CHARLIE EWALT | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT OLSON | TRUSTEE Trustee or director | 5 | $0 |
| JACOB SCHAFFER | TRUSTEE Trustee or director | 5 | $0 |
| TOM BEADNELL | DIRECTOR Trustee or director | 1 | $0 |
| LIAM CULHANE | VICE CHAIRPERSON Officer | 1 | $0 |
| DR JEFF DANIELSEN | CHAIRPERSON Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 211 E KEMP AVE, WATERTOWN, SD 57201-3643
- In care of
- % CAMMIE MENGWASSER
- Signed the 990
- CAMMIE MENGWASSER, EXC DIRECTOR
- Phone
- (605) 882-3731
- Return prepared by
- JOHNSON & ROGGENBUCK PA
Mission
SEE SCHEDULE O
Program accomplishments
- GRANTS AWARDED TO VARIOUS NONPROFIT ORGANIZATIONS THAT SUPPORT CHARITY, EDUCATION AND CULTURE IN THE WATERTOWN COMMUNITYExpenses $1,034,631 · grants $1,034,631
- GRANTS AWARDED TO VARIOUS AGENCY FUNDS THAT PROMOTE CHARITY, EDUCATION AND CULTURE IN THE WATERTOWN COMMUNITY.Expenses $140,623 · grants $140,623 · revenue $121,232
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0350319
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $943,893
- Income (IRS master file)
- $14,937,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,597,438 | $1,785,293 | $943,893 | XML |
| 990 | December 2023 | $2,520,866 | $1,563,118 | $33,313,922 | XML |
| 990 | December 2022 | $3,535,499 | $1,490,643 | $30,092,700 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 46-0350319).
Questions about WATERTOWN COMMUNITY FOUNDATION
- What is the EIN of WATERTOWN COMMUNITY FOUNDATION?
- The employer identification number (EIN) of WATERTOWN COMMUNITY FOUNDATION is 46-0350319.
- Is WATERTOWN COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to WATERTOWN COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does WATERTOWN COMMUNITY FOUNDATION 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 WATERTOWN COMMUNITY FOUNDATION 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 WATERTOWN COMMUNITY FOUNDATION 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 WATERTOWN COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $85,050 (CAMMIE MENGWASSER, EXC DIRECTOR).
- How much revenue does WATERTOWN COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,597,438, expenses of $1,785,293 and total assets of $943,893 at year end.
Other nonprofits in WATERTOWN
- WATERTOWN AREA UNITED WAY EIN 46-0359557 · last filed 990 for 2024
- WATERTOWN AREA COMMUNITY FOUNDATION INC EIN 92-0449173 · last filed 990 for 2024
- WATERTOWN PINK LADIES DART LEAGUE EIN 81-1561748 · last filed 990-EZ for 2025
- ENGELS FAMILY FOUNDATION EIN 47-2553141 · last filed 990-PF for 2025
- MESSER FAMILY FOUNDATION EIN 46-0437250 · last filed 990-PF for 2025
- KARING KAPERS INC EIN 46-0437544 · last filed 990-N for 2023
- PRAIRIE LAKES HEALTH CARE SYSTEM INC EIN 46-0391067 · last filed 990 for 2025
- CODINGTON-CLARK ELECTRIC COOPERATIVE INC EIN 46-0121065 · last filed 990 for 2025
All nonprofits in WATERTOWN · South Dakota · Philanthropy, voluntarism and grantmaking foundations