Civic Intelligence

Siouxland Community Foundation

990 • Fiscal year 2023 • EIN 42-1323904

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 16, 2024

4425 Singing Hills BlvdSioux City, IA 51106

(712) 293-3303

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.08x

Higher debt load relative to assets than 32% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.83x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

19th percentile

-10%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

13th percentile

$105,010

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

55th percentile

7.9%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-31%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$46,308,469

Up $3,406,718 (+7.9%) from 2022

Net Assets

Up

$42,551,380

Up $3,028,833 (+7.7%) from 2022

Liabilities

Up

$3,757,089

Up $377,885 (+11%) from 2022

Revenue

Down

$4,546,385

Down $2,082,251 (-31%) from 2022

Expenses

Up

$5,013,806

Up $735,087 (+17%) from 2022

Net Income

Down

-$467,421

Down $2,817,338 (-120%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $14,701,712Liabilities 2010: $1,666,852Net Assets 2010: $13,034,8602010Assets 2011: $14,673,828Liabilities 2011: $1,826,217Net Assets 2011: $12,847,6112011Assets 2012: $15,937,837Liabilities 2012: $2,052,542Net Assets 2012: $13,885,2952012Assets 2013: $17,989,333Liabilities 2013: $2,336,391Net Assets 2013: $15,652,9422013Assets 2014: $19,085,210Liabilities 2014: $2,403,989Net Assets 2014: $16,681,2212014Assets 2015: $19,389,547Liabilities 2015: $2,306,477Net Assets 2015: $17,083,0702015Assets 2016: $20,516,834Liabilities 2016: $2,403,082Net Assets 2016: $18,113,7522016Assets 2017: $23,854,529Liabilities 2017: $2,842,812Net Assets 2017: $21,011,7172017Assets 2018: $23,284,190Liabilities 2018: $2,842,681Net Assets 2018: $20,441,5092018Assets 2019: $30,782,842Liabilities 2019: $3,231,260Net Assets 2019: $27,551,5822019Assets 2020: $42,345,352Liabilities 2020: $3,489,224Net Assets 2020: $38,856,1282020Assets 2021: $48,073,662Liabilities 2021: $3,775,708Net Assets 2021: $44,297,9542021Assets 2022: $42,901,751Liabilities 2022: $3,379,204Net Assets 2022: $39,522,5472022Assets 2023: $46,308,469Liabilities 2023: $3,757,089Net Assets 2023: $42,551,3802023Assets 2024: $50,827,690Liabilities 2024: $4,255,181Net Assets 2024: $46,572,5092024

Highlighted filing

2023

Assets$46,308,469
Liabilities$3,757,089
Net Assets$42,551,380

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,503,0632010Expenses 2011: $1,787,7532011Expenses 2012: $2,195,3072012Revenue 2013: $4,080,108Expenses 2013: $2,083,741Net Income 2013: $1,996,3672013Revenue 2014: $3,092,421Expenses 2014: $1,788,426Net Income 2014: $1,303,9952014Revenue 2015: $3,325,971Expenses 2015: $1,894,377Net Income 2015: $1,431,5942015Revenue 2016: $3,042,165Expenses 2016: $2,980,434Net Income 2016: $61,7312016Revenue 2017: $3,088,513Expenses 2017: $2,060,415Net Income 2017: $1,028,0982017Revenue 2018: $4,235,093Expenses 2018: $2,316,049Net Income 2018: $1,919,0442018Revenue 2019: $6,166,288Expenses 2019: $2,280,561Net Income 2019: $3,885,7272019Revenue 2020: $11,101,743Expenses 2020: $2,430,785Net Income 2020: $8,670,9582020Revenue 2021: $5,846,258Expenses 2021: $2,902,001Net Income 2021: $2,944,2572021Revenue 2022: $6,628,636Expenses 2022: $4,278,719Net Income 2022: $2,349,9172022Revenue 2023: $4,546,385Expenses 2023: $5,013,806Net Income 2023: -$467,4212023Revenue 2024: $6,182,316Expenses 2024: $3,729,724Net Income 2024: $2,452,5922024

Highlighted filing

2023

Revenue$4,546,385
Expenses$5,013,806
Net Income-$467,421
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 16, 2024
Return Version
2023v5.1
Gross Receipts
$10,817,663
Mission and Program Overview

Mission

The siouxland community foundation is a publicly supported, nonprofit organization established to support and enhance the quality of life in the greater siouxland tri-state area by administering a pool of endowed funds contributed by a variety of donors, individuals, families, corporations and other foundations and responding to emerging and changing needs in siouxland and sustain existing organizations or institutions through grants.

The siouxland community foundation is a trusted organization that connects people who care with causes that matter by providing a means to receive gifts and distribute grants in response to community needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$37,126,217$42,094,210▲ $4,967,993
Savings and Temporary Cash Investments$5,237,693$3,474,290▼ $1,763,403
Pledges and Grants Receivable$25,000$25,000→ $0
Cash and Non-Interest-Bearing Accounts$9,637$19,416▲ $9,779
Land, Buildings, and Equipment, Net$12,716$14,312▲ $1,596
Total Assets$42,901,751$46,308,469▲ $3,406,718
Other Assets Total$490,488$681,241▲ $190,753
Liabilities
Other Liabilities$2,679,402$2,911,207▲ $231,805
Grants Payable$692,026$845,882▲ $153,856
Accounts Payable and Accrued Expenses$7,776--
Total Liabilities$3,379,204$3,757,089▲ $377,885
Net Assets / Fund Balance
Net Assets With Donor Restrictions$38,613,620$41,268,653▲ $2,655,033
Net Assets Without Donor Restrictions$908,927$1,282,727▲ $373,800
Total Net Assets Fund Balance$39,522,547$42,551,380▲ $3,028,833
Total Liabilities and Net Assets / Fund Balance$42,901,751$46,308,469▲ $3,406,718

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,312$7,328$21,640
Land$0--
Other Assets Org$195,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$38,613,620$2,949,663▲ $4,622,225$28,665$41,268,653
2022$43,002,197$5,441,185▼ $5,628,913$4,760$38,613,620
2021$37,972,128$2,974,793▲ $4,905,338$25,432$43,002,197
2020$26,992,658$8,780,471▲ $4,468,158$-9,420$37,972,128
2019$20,132,992$5,202,498▲ $3,755,259$43,292$26,992,658
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katie RobertsExecutive DirectorFT$96,932$8,078$105,010

Board Members and Trustees

NameTitle
Kelly EckhoffPast President
Dr Patrick WalshPresident
Chystal MolletVice President/secretary
Beth GrigsbyDirector
Bruce MillerDirector
Jodi MillerDirector
Jonathan SmithDirector
Lori ShafferDirector
Robert DesmidtDirector
Tim BergerSecretary
Robert MeisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,955,433
Program Service Revenue
$0
Investment Income
$1,536,637
Other Revenue
$54,315
All Other Contributions
$2,955,433
Change in Net Assets
$-467,421

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$73,147Fair Market Value
Total Noncash Contributions3$73,147-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,546,385
Revenue Not Reported on Form 990
$4,058,281
Total Revenue per Audited Statements
$8,604,666
Total Revenue per Form 990
$4,546,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,422,011
Salaries, Compensation, and Employee Benefits$297,488
Other Expenses$294,307
Total Fundraising Expense$37,156
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,680,947--$3,680,947
Grants to Domestic Individuals$741,064--$741,064
Fees for Service Investment Mgmnt Fees$157,562$0$0$157,562
Other Salaries and Wages$77,081$72,800$0$149,881
Current Officers, Directors, Trustees, and Key Employees$32,250$53,750$21,500$107,500
Advertising$37,462$0$2,645$40,107
Payroll Taxes$8,516$9,858$1,675$20,049
Fees for Services Accounting$0$16,151$0$16,151
Other Employee Benefits$5,208$6,238$979$12,425
Occupancy$4,414$5,808$1,394$11,616
All Other Expenses$3,848$1,674$3,230$8,752
Pension Plan Contributions$3,191$3,797$645$7,633
Depreciation Depletion$1,483$1,717$292$3,492
Insurance$1,382$1,600$272$3,254
Conferences and Meetings$1,163$1,347$229$2,739
Other Expenses$878$1,156$277$2,311
Office Expenses$623$722$123$1,468
Total Functional Expenses$4,777,102$199,548$37,156$5,013,806

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,575,833
Expenses per Audited Statements$5,013,806
Total Expenses per Form 990$5,013,806
Expenses Not Reported on Form 990$562,027
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kuemper Catholic School FoundationCarroll, IA-Capital Campaign$1,000,000
Sioux City Parks & Recreation Foundation IncSioux City, IA-Mountain Bike Park & Climbing Wall$247,147
Stables 4 JedManning, IA-General Support$200,000
Grand Meadow Heritage Commission IncWashta, IA-General Support$141,562
Arcadia Betterment & Development CorporationArcadia, IA-General Support$100,000
UNITYPOINT HEALTH - ST LUKE'S FOUNDATIONSioux City, IA-General Support$68,262
Sioux City Jewish Cemetery AssociationSioux City, IA-General Support$65,782
Boys & Girls Club of Siouxland IncSioux City, IA-Educational Programs$63,259
Sioux City Public MuseumSioux City, IA-General Support$61,442
Make-a-wish IowaUrbandale, IA-General Support$36,643
Hawarden Fire & Ambulance Association IncHawarden, IA-Fire Equip & Emergency Generator$32,000
Sunnybrook Community ChurchSioux City, IA-General Support$31,990
Siouxland Youth for ChristSioux City, IA-General Support$23,500
ST MARY'S CATHOLIC CHURCHHawarden, IA-General Support$23,151
Hinton Community School DistrictHinton, IA-General Support$22,224
Mercyone Siouxland FoundationSioux City, IA-Offset Diabetes Patient Expenses$22,034
Hawarden Senior CenterHawarden, IA-Remodel$22,000
Camp High HopesSioux City, IA-General Support$21,324
Morningside UniversitySioux City, IA-General Support$21,127
Briar Cliff UniversitySioux City, IA-General Support$20,567
Akron Fire-rescueAkron, IA-Bunker Gear Replacement$20,000
Cathedral of the EpiphanySioux City, IA-Preserving Our Faith Campaign$20,000
Heartland Community Baptist ChurchSioux City, IA-General Support$20,000
Sergeant Bluff-luton Community School DistrictSergeant Bluff, IA-Anatomage Table$20,000
Bishop Heelan Catholic SchoolsSioux City, IA-General Support$18,888
City of HawardenHawarden, IA-Swimming Pool$18,634
Sioux Center Sack Pack ProgramSioux Center, IA-Sack Pack Program$17,500
Orpheum Theatre Preservation Project LtdSioux City, IA-General Support$17,387
SafeplaceSioux City, IA-General Support$16,975
Siouxland Community Soup KitchenSioux City, IA-Commercial Oven$16,634
Girls Inc of Sioux CitySioux City, IA-General Support$16,291
Sioux City Gospel MissionSioux City, IA-General Support$15,782
Rosecrance Jackson CentersSioux City, IA-New Gym & Chapel$15,182
LAUNCHPAD CHILDREN'S MUSEUMSioux City, IA-General Support$15,176
Arthur Public LibraryArthur, IA-Kitchen & Restrooms Renovation$15,000
Battle Creek Community AmbulanceBattle Creek, IA-Auto Loader for Ambulance$15,000
Franklin Go-gettersOnawa, IA-Ada/wheel Chair Playground Equip$15,000
Holstein Development AuthorityHolstein, IA-Community Park$15,000
Lohff-schumann Memorial Community CenterHolstein, IA-Gym Flooring Replacement$15,000
Sealed With a Kid IncIda Grove, IA-General Support$15,000
Spina Bifida Association of IowaUrbandale, IA-General Support$15,000
Sutherland Fire & Ambulance DepartmentSutherland, IA-Defibrillator & Heart Monitoring System$15,000
Lewis & Clark Interpretive CenterSioux City, IA-General Support$14,459
Ida County Conservation FoundationIda Grove, IA-Handicap Accessible Pier Repairs$13,550
Hartley Community DaycareHartley, IA-General Support$13,032
West Sioux Sack Pack ProgramHawarden, IA-Sack Pack Program$13,000
Wonderland TheaterPaullina, IA-Theater Auditorium Renovation$13,000
City of CastanaCastana, IA-Legion Hall Wheelchair Ramp & Roof$12,700
Sioux City Symphony Orchestra AssociationSioux City, IA-General Support$12,181
First Reformed Church - Hull Sack PackHull, IA-Sack Pack Program$12,000
St Frances Cabrini Catholic ChurchLittleton, CO-Capital Campaign$12,000
NOAH'S HOPE ANIMAL RESCUESioux City, IA-Animal Transport Van & Emerg Vet Exp$11,145
St Augustine Indian MissionWinnebago, NE-General Support$11,055
City of IretonIreton, IA-Electronic Signs$11,000
Hull Bright Start IncHull, IA-Security System & Daycare/preschool Project$10,700
Western Iowa Tech Community CollegeSioux City, IA-General Support$10,560
Granville Fire & Ems AssociationGranville, IA-Ventilation Fan & Rescue Equip$10,500
Soldier American Legion AuxiliarySoldier, IA-Windows & Door Project$10,500
City of HospersHospers, IA-Ball Diamond Lights$10,000
City of UteUte, IA-Insulation & Siding for Park Shelter House$10,000
Crooked Spurs National Wild Turkey FederationArthur, IA-Ccra Land Acquisition$10,000
Galva Township Cemetery AssociationGalva, IA-Cemetery Tree Removal$10,000
Ida County Historical SocietyIda Grove, IA-Moorehead House Museum Painting Project$10,000
Jordan Soldier Fire DepartmentSoldier, IA-Updating Engine Radios$10,000
Ronald Mcdonald House Charities of Central IowaDes Moines, IA-General Support$10,000
Sioux Center Fire DepartmentSioux Center, IA-Rit Pack$10,000
Ute Fire DepartmentUte, IA-Cot Lift for Ambulance$10,000
Sioux Center Music Boosters IncSioux Center, IA-General Support$9,630
Falcon Wrestling ClubIreton, IA-Wrestling Mats$9,500
Ireton Area Historical SocietyIreton, IA-Roof$9,500
City of AkronAkron, IA-New Pool Project$9,157
Akron Opera HouseAkron, IA-Facade Rehab Project & Roof$9,097
Heartland Counseling Services IncSouth Sioux City, NE-General Support$8,627
City of RodneyRodney, IA-Community Center Furnace$8,200
City of ChatsworthChatsworth, IA-Park Update$8,000
O'BRIEN COUNTY LIVESTOCK SHOW & AG ASSNPrimghar, IA-Renovation of Showring at Fairgrounds$8,000
First Presbyterian ChurchSioux City, IA-General Support$7,968
Sleep in Heavenly Peace IncPocatello, ID-General Support$7,532
Domesticsexual Assault Outreach CenterFort Dodge, IA-General Support$7,500
Hartley Fire DepartmentHartley, IA-Bunker Gear$7,500
Hawarden Police DepartmentHawarden, IA-Axon Electronic Compliance Systems$7,500
Orange City Sack Pack ProgramOrange City, IA-Sack Pack Program$7,500
Paullina Volunteer Fire DepartmentPaullina, IA-Specialty Rescue Equip$7,500
Sioux Center Police DepartmentSioux Center, IA-Police Shields$7,500
Siouxland Adaptive SportsSioux Center, IA-Adaptive Equip$7,500
City of Ida Grove - Community Rec CenterIda Grove, IA-Equip & Facility Improvements$7,414
Oa-bcig Dollars for Scholars FoundationIda Grove, IA-General Support$7,382
Big Springs Baptist ChurchAlcester, SD-General Support$7,059
Mapleton Starspinners 4-h ClubMapleton, IA-Pool House Refreshed$7,000
O'BRIEN COUNTY CONSERVATION BOARDPrimghar, IA-Beach Building Renovation$7,000
Sutherland City Park BoardSutherland, IA-Park Improvement$7,000
United Way of SiouxlandSioux City, IA-General Support$7,000
Food Bank of Siouxland IncSioux City, IA-General Support$6,922
Lawton-bronson Community School DistrictLawton, IA-General Support$6,560
Plymouth County Historical MuseumLe Mars, IA-General Support$6,527
Lamb Arts LtdSioux City, IA-General Support$6,368
Auxiliary of Pleasant ViewWhiting, IA-Resident Multiuse Transport Van$6,000
Cornerstone Senior CommunitiesSutherland, IA-Indoor Pool Repainting$6,000
Rock Valley Recreation DepartmentRock Valley, IA-Picketball Courts$6,000
City of CalumetCalumet, IA-Park Shelters Rehab Project$5,965
Hartley Community Center AssociationHartley, IA-General Support$5,845
Westwood Community School DistrictSloan, IA-General Support$5,810
Hartley Trail CommitteeHartley, IA-General Support$5,761
Mayo ClinicRochester, MN-General Support$5,500
Sheldon Recreational TrailsSheldon, IA-Trail Project$5,500
Sunrise Retirement Community FoundationSioux City, IA-General Support$5,474
Galva Public LibraryGalva, IA-Entrance Renovation$5,400
Sheldon Volunteer Fire CompanySheldon, IA-Grain Bin Rescue System$5,400
Indian Youth of America IncSioux City, IA-General Support$5,320
Little Priests Tribal CollegeWinnebago, NE-General Support$5,320
HER HEALTH WOMEN'S CENTERSioux City, IA-General Support$5,309
Sioux City Parks & Recreation DepartmentSioux City, IA-General Support$5,087
Senior Companion Program of Greater SiouxlandRock Valley, IA-General Support$5,014
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Endowment Funds$2,911,207
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Siouxland Community Foundation
EIN
42-1323904
Phone
7122933303
Address
4425 SINGING HILLS BLVD, SIOUX CITY, IA 51106

Signing Officer

Name
Katie Roberts
Title
Executive Director
Phone
7122933303
Signed
2024-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Roberts
Formed
1987
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
297

Preparer

Firm
Nichols Rise & Co LLP
Address
302 Jones St Ste 320, Sioux City, IA 51101
Preparer
Stacey Todd
Phone
7122524309
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copy provided to all board members for review. As authorized by the board, the form 990 is closely reviewed and approved by the finance committee.

Pt VI, Line 12C

A conflict of interest declaration is annually completed and signed by each board member. Board members must abstain from voting when a conflict of interest is present. Abstentions are noted in the minutes.

Pt VI, Line 15A

Performance of the executive director is reviewed annually by the executive committee using a performance assessment tool. Complied assessment report is reviewed with executive director. Council of foundations grant makers salary and benefits report is used for comparability data.

Pt VI, Line 19

These documents are available to the public upon request.

Financial Statement Notes

Pt XI, Line 2D

Investment management fees retained by foundation

Pt XII, Line 2D

Investment management fees retained by foundation

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.8$4.26$46.6$6.18$3.73$2.45
2023Detailed filing. Detailed filing data is available for this year.$46.3$3.76$42.6$4.55$5.01$0.47
2022Detailed filing. Detailed filing data is available for this year.$42.9$3.38$39.5$6.63$4.28$2.35
2021Detailed filing. Detailed filing data is available for this year.$48.1$3.78$44.3$5.85$2.90$2.94
2020Detailed filing. Detailed filing data is available for this year.$42.3$3.49$38.9$11.1$2.43$8.67
2019Detailed filing. Detailed filing data is available for this year.$30.8$3.23$27.6$6.17$2.28$3.89
2018Detailed filing. Detailed filing data is available for this year.$23.3$2.84$20.4$4.24$2.32$1.92
2017Detailed filing. Detailed filing data is available for this year.$23.9$2.84$21.0$3.09$2.06$1.03
2016Detailed filing. Detailed filing data is available for this year.$20.5$2.40$18.1$3.04$2.98$0.06
2015Detailed filing. Detailed filing data is available for this year.$19.4$2.31$17.1$3.33$1.89$1.43
2014Detailed filing. Detailed filing data is available for this year.$19.1$2.40$16.7$3.09$1.79$1.30
2013Detailed filing. Detailed filing data is available for this year.$18.0$2.34$15.7$4.08$2.08$2.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$2.05$13.9$2.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.83$12.8$1.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.67$13.0$1.50