EIN 46-0350319

Watertown Area Community Foundation

Name: Watertown Area Community Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Watertown

State

South Dakota

Year formed

1979

Most recent tax filings

2023-12-01

NTEE code, primary

T31: Community Foundations

Description

The Watertown Area Community Foundation invests in the vitality and future of Watertown by supporting community priorities, responding to human service needs and enhancing recreation, education, arts and culture. It awards grants to various nonprofit organizations that support charity, education and culture in the Watertown Community.

Total revenues

$2,520,866

2023

Total expenses

$1,563,118

2023

Total assets

$33,313,922

2023

Num. employees

2023

Program areas at Watertown Area Community Foundation

Grants awarded to various nonprofit organizations that support charity, education and culture in the Watertown Community

Grants awarded to various agency funds that promote charity, education and culture in the Watertown Community.

Grants made by Watertown Area Community Foundation

Grantee	Grant description	Grant year	Amount
Friends of the Goss Opera House	Community	2023-12	$102,955
Watertown Pickleball Association	Community Pickleball Courts	2023-12	$56,700
Lake Area Zoological Society	Zoo Support	2023-12	$49,163
...and 24 more grants made totalling $630,921

Who funds Watertown Area Community Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Sanford Tax Group	2023-12	Economic Development	$15,000
South Dakota Community Foundation (SDCF)	2023-12	Community Welfare and Betterment	$14,816

Personnel at Watertown Area Community Foundation

Name	Title	Compensation	Date of data
Jan Deberg	Executive Director / Exc Director	$0	2022-12-31
Cammie Mengwasser	Exc Director		2023-11-10
Charlie Ewalt	Chairperson / Director	$0	2022-12-31
Kristen Henderson	Vice - Chair / Director	$0	2022-12-31
Angie Reppe	Director	$0	2019-05-12
...and 2 more key personnel

Financials for Watertown Area Community Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$1,070,846	$2,020,944	-47%
Program services	$124,511	$125,022	-0.4%
Investment income and dividends	$636,316	$732,413	-13.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$572,319	$572,319	-
Net income from fundraising events	$116,874	$82,452	41.7%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$2,349	-100%
Total revenues	$2,520,866	$3,535,499	-28.7%

Form 990s for Watertown Area Community Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-10	990	View PDF
2021-12	2022-11-14	990	View PDF
2020-12	2021-06-15	990	View PDF
2019-12	2021-01-21	990	View PDF
2018-12	2019-06-19	990	View PDF
...and 8 more Form 990s

Organizations like Watertown Area Community Foundation

Organization	Type	Location	Revenue
Johnson County Community Foundation	501(c)(3)	Franklin, IN	$5,075,535
Community Foundation of the Gunnison Valley	501(c)(3)	Gunnison, CO	$1,588,982
Community Foundation of Northwest Mississippi	501(c)(3)	Hernando, MS	$8,149,861
Los Altos Mountain View Community Foundation	501(c)(3)	Los Altos, CA	$7,370,103
Greater Lynchburg Community Foundation	501(c)(3)	Lynchburg, VA	$6,007,630
Greater Lowell Community Foundation	501(c)(3)	Lowell, MA	$8,510,011
The Community Foundation for Northern Virginia (CFNOVA)	501(c)(3)	Fairfax, VA	$10,934,222
Community Foundation of West Texas	501(c)(3)	Lubbock, TX	$6,880,528
Community Foundation of North Central Massachusetts	501(c)(3)	Fitchburg, MA	$9,751,867
One Valley Community Foundation	501(c)(3)	Bozeman, MT	$3,020,961

Data update history

January 21, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 21, 2024

Updated personnel

Identified 1 new personnel

December 28, 2023

Received grants

Identified 2 new grant, including a grant for $20,000 from Sanford Tax Group

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

May 20, 2023

Received grants

Identified 2 new grant, including a grant for $20,000 from Sanford Tax Group

Nonprofit Types

Grantmaking organizationsCommunity foundationsCharities

Issues

Community improvement

Characteristics

Operates donor advised fundsProvides grantsFundraising eventsState / local levelEndowed supportTax deductible donationsAccepts online donations

General information

Address: 211 E Kemp Ave; Watertown, SD 57201
County: Codington County, SD
Website URL: watertowncommunityfoundation.org/
Phone: (605) 882-3731

IRS details

EIN: 46-0350319
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1979
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T31: Community Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Watertown Area Community Foundation

Program areas at Watertown Area Community Foundation

Grants made by Watertown Area Community Foundation

Who funds Watertown Area Community Foundation

Personnel at Watertown Area Community Foundation

Financials for Watertown Area Community Foundation

Form 990s for Watertown Area Community Foundation

Organizations like Watertown Area Community Foundation

Nonprofits

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