Civic Intelligence

Jordan Area Community Foundation

EIN 99-0387311 • 501(c)3 • Jordan, MN

Profile

The jordan area community foundation is a nonprofit organizatoin created to indentify, encourage, investigate, develop and implrement infrastructure and recreational projects within the community to enhance the qualify of life for the areas surrounding jordan, minnesota.

115 S Broadway StJordan, MN 55352

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

$859,926

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$859,926

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue35th percentileNet Margin99th percentile

Revenue

$870,112

No earlier filing loaded for comparison.

Expenses

$16,053

No earlier filing loaded for comparison.

Net Income

$854,059

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2024: $859,926Liabilities 2024: $0Net Assets 2024: $859,9262024

Highlighted filing

2024

Assets$859,926
Liabilities$0
Net Assets$859,926
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2024: $870,112Expenses 2024: $16,053Net Income 2024: $854,0592024

Highlighted filing

2024

Revenue$870,112
Expenses$16,053
Net Income$854,059
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$859,926
Liabilities
$0
Net assets
$859,926
Revenue
$870,112
Expenses
$16,053
Net income
$854,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.60$0.00$8.60$8.70$0.16$8.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 8, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$905,486
Mission and Program Overview

Mission

The jordan area community foundation is a nonprofit organizatoin created to indentify, encourage, investigate, develop and implrement infrastructure and recreational projects within the community to enhance the qualify of life for the areas surrounding jordan, minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$847,462-
Cash and Non-Interest-Bearing Accounts-$12,464-
Total Assets$0$859,926▲ $859,926
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$859,926-
Total Net Assets Fund Balance$0$859,926▲ $859,926
Total Liabilities and Net Assets / Fund Balance$0$859,926▲ $859,926
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
James TerwedoPresident
Mark SeifertTreasurer
Chad BohnsackVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$850,053
Program Service Revenue
$0
Investment Income
$20,059
Other Revenue
$0
All Other Contributions
$850,053
Change in Net Assets
$854,059

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Miscellaneous1$839,536
Total Noncash Contributions1$839,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,000
Other Expenses$1,053
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$15,000--$15,000
Fees for Services Legal$690--$690
Office Expenses$363--$363
Total Functional Expenses$16,053$0$0$16,053
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jordan Area Historical SocietyJordan, MN--$15,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Jordan Area Community Foundation
EIN
99-0387311
Phone
6129192800
Address
115 S BROADWAY ST, JORDAN, MN 55352

Signing Officer

Name
James Terwedo
Title
President
Phone
6129192800
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Terwedo
Formed
2024
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Baumgard Rose & Associates Pllc
Address
228 S MAIN, LE SUEUR, MN 56058
Preparer
Cole Baumgard CPA
Phone
5076656363
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The jordan area community foundation is a nonprofit organizatoin created to indentify, encourage, investigate, develop and implrement infrastructure and recreational projects within the community to enhance the qualify of life for the areas surrounding jordan, minnesota.”

Raw XML Appendix264 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02024
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
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IRS990/LoanOutstandingInd0false
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IRS990/MethodOfAccountingCashInd0X
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IRS990/NetUnrlzdGainsLossesInvstAmt05867
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0839536
IRS990/NondeductibleContributionsInd0false
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/TaxPeriodBeginDt02024-01-08
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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