EIN 42-0681060

Ottumwa Regional Legacy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Ottumwa
State
Year formed
1892
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Ottumwa Regional Legacy Foundation is committed to the well-being of the community. We are a 501(c)(3) “conversion” foundation that was created in April, 2010, following the sale of the assets of Ottumwa Regional Health Center to RegionalCare Hospital Partners. To ensure that the net proceeds from this transaction would benefit those living in the community previously served by the health center’s facility; a nonprofit charitable foundation was formed. Current assets for the Foundation total nearly $85 million.
Total revenues
$1,588,897
2023
Total expenses
$3,203,853
2023
Total assets
$70,085,992
2023
Num. employees
6
2023

Program areas at Ottumwa Regional Legacy Foundation

The organization operated as a Foundation with its primary objective to promote the well-being of the Ottumwa, ia community. The organization recognizes and embraces the critical role it can play in the community as a catalyst for positive change. To carry out this role, the organization raises, manages, and distributes funds for charitable purposes. It is also active in initiating and advancing promising ideas, making grants, convening, promoting collaboration, providing sound information, and celebrating success.
The organization established a leadership academy in 2012. The mission of the academy is to develop effective leadership for the betterment of our community. The Ottumwa leadership academy is a 10-month tuition-based academy that provides participants an "mba" in Ottumwa and wapello counties with targeted leadership development strategies and skills.
Revitalization - downtown is a symbol of the historic heart of the city. We are working to revitalize downtown Ottumwa and the surrounding areas to make it an attractive place to live and work. Our current projects fall under 4 themes: reclaiming main street, riverfront renaissance, Ottumwa sports campus & extending central park to the river.
Leadership academy - to carry out our initiatives we need supportive leadership at all levels. We have established the Ottumwa leadership academy which is a 10 month program that strives to educate, empower, encourage and engage future leaders to create positive change in our community, government and businesses.
Newcomer relations: this program hosts a series of free, interactive sessions designed to connect newcomers to the attributes and amenities of the community of Ottumwa. Businesses are provided assistance with their recruitment of staff by offering community tours for new applicants.
Tuition & dues from the leadership academy
Grant funds returned pursuant to terms of grant agreements
Miscellaneous other income received

Grants made by Ottumwa Regional Legacy Foundation

GranteeGrant descriptionAmount
Indian Hills Community CollegeCollege & Career Technical Coach$150,000
American Home Finding Association (AHFA)American Home Finding Association's Agency Shelter and Corinthians House Recreation Center$30,000
American Home Finding Association (AHFA)Windows for American Home Finding Association's Agency Shelter$30,000
...and 43 more grants made totalling $602,652

Who funds Ottumwa Regional Legacy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ottumwa Regional Legacy Foundation Endowment$52,555
Overman Helen M Charitable TWGeneral Operating$2,000

Personnel at Ottumwa Regional Legacy Foundation

NameTitleCompensation
Kelly GennersPresident and Chief Executive Officer$224,519
Mike SpielerVice President of Finance$162,757
Hollie TometichVice - President of Community Leadership$105,432
Mary PrattOffice Manager
Amy NossamanGrants Program Manager$76,634

Financials for Ottumwa Regional Legacy Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$110,889
Investment income and dividends$865,758
Net rental income$0
Net gain from sale of non-inventory assets$502,380
Gross sales of inventory$7,213
Miscellaneous revenues$102,657
Total revenues$1,588,897

Form 990s for Ottumwa Regional Legacy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-07990PFView PDF
2022-122023-11-13990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-06-11990PFView PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Posted financials
Added Form 990PF for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from Overman Helen M Charitable TW
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 21, 2024
Updated personnel
Identified 3 new personnel
December 25, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Health
Characteristics
Provides grantsLobbyingPartially liquidatedState / local levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
111 E Main St
Ottumwa, IA 52501
County
Wapello County, IA
Website URL
ottumwalegacy.org/ 
Phone
(641) 455-5260
IRS details
EIN
42-0681060
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1892
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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