2012-03-28T13:24:14-05:00 2011-06-30 MCGLADREY & PULLEN LLP 125 S DUBUQUE ST IOWA CITY IA 522404077 990 2010-07-01 421508117 COMMUNITY FOUNDATION OF JOHNSON COUNTY IOWA COMM 3193370483 325 E WASHINGTON STREET IOWA CITY IA 52240 MICHAEL STOFFREGEN 3193370483 2012-03-20 1 DEAN PRICE 3193541500 2010 2016-02-24 21:20:13Z MICHAEL STOFFREGEN 325 E WASHINGTON STREET IOWA CITY IA 52240 3489390 0 X COMMUNITYFOUNDATIONOFJOHNSONCOUNTY.ORG X 2000 IA THE PURPOSE OF THE COMMUNITY FOUNDATION OF JOHNSON COUNTY, IOWA IS TO PROVIDE A MEANS FOR CITIZENS TO MAKE GIFTS TO SPECIFIC ORGANIZATIONS, GENERAL AREAS OF CONCERN OR THE COMMON GOOD, TO POOL AND MANAGE ENDOWMENT FUNDS FOR LOCAL NONPROFIT ORGANIZATIONS, AND TO DISTRIBUTE FUNDS TO BENEFIT THE COMMUNITY. 20 20 1 0 0 0 1260725 2480478 4053 375 64511 131863 0 0 1329289 2612716 538382 713468 0 0 53655 54790 0 0 35134 148734 186190 740771 954448 588518 1658268 5698227 8400348 780 709 5697447 8399639 TO SERVE THE PEOPLE OF JOHNSON COUNTY BY BUILDING AN ENDOWMENT FOR THE GREATER COMMUNITY GOOD. 0 0 819933 713468 375 GRANTS MADE TO SPECIFIC ORGANIZATIONS, GENERAL AREAS OF CONCERN OR THE COMMON GOOD, TO POOL AND MANAGE ENDOWMENT FUNDS FOR LOCAL NONPROFIT ORGANIZATIONS, AND TO DISTRIBUTE FUNDS TO BENEFIT THE COMMUNITY. 819933 1 1 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MIKE STOFFREGEN 3193370483 325 E WASHINGTON STREET IOWA CITY IA 52240 STEVE ATKINS 2.00 X X 0 0 0 USHA BALAKRISHNAN 2.00 X 0 0 0 JOAN BENSON 2.00 X 0 0 0 CHUCK COULTER 2.00 X 0 0 0 CASEY COOK 2.00 X X 0 0 0 ROSS DEVALOIS 2.00 X 0 0 0 BILL FURLONG 2.00 X 0 0 0 PAT HARNEY 2.00 X 0 0 0 MICHAEL HEINRICH 2.00 X 0 0 0 TIM KRUMM 2.00 X 0 0 0 SARAH MAIERS 2.00 X 0 0 0 SCOTT PANTEL 2.00 X 0 0 0 DEAN PRICE 2.00 X X 0 0 0 CHRISTINE SCHEETZ 2.00 X 0 0 0 JOHN SCHNEIDER 2.00 X 0 0 0 MARK SIDEL 2.00 X 0 0 0 KRISTIN SUMMERWILL 2.00 X X 0 0 0 GREG TURNER 2.00 X 0 0 0 MARY WESTBROOK 2.00 X 0 0 0 NANCY WILLIAMS 2.00 X 0 0 0 MICHAEL L STOFFREGEN 30.00 X 42945 0 8540 42945 0 8540 0 0 0 0 0 26052 2454426 266945 2480478 SEMINAR 900099 375 375 375 115359 115359 884361 867857 16504 16504 16504 8817 26052 8817 0 2612716 375 0 131863 713468 713468 51485 41188 10297 3305 2644 661 10 10 20586 20586 36070 36070 625 625 20507 20507 8076 6461 1615 9600 7680 1920 4957 4957 7087 7087 385 385 1816 1816 DONOR SUPPORT FEE 69195 69195 SEMINAR EXPENSE 1200 1200 MEMBERSHIP FEES 886 886 5190 5056 134 954448 819933 99381 35134 844074 1571763 200000 3597 3201 781 396 4831805 6599775 21567 28414 5698227 8400348 780 709 780 709 X 394601 752464 5302846 7647175 5697447 8399639 5698227 8400348 X 1658268 1043924 X 0 1 1 X 0 X 1224925 1081734 3094976 1260725 2480478 9142838 1224925 1081734 3094976 1260725 2480478 9142838 653224 8489614 126581 148875 101360 102839 115359 595014 17 536 8817 9370 9747222 4428 0.87100 0.83780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82 33 1496516 712615 153351 565117 877867 296555 1 1 5698227 2480478 1175787 713468 106161 134515 8400348 4684701 1260725 489519 538382 79147 119189 5698227 3556627 3094976 -620168 1155746 58441 132547 4684701 0.02000 0.98000 0.00000 0 0 3597 3201 396 396 PAYROLL LIABILITIES 709 709 2612716 954448 1658268 1043924 1043924 2702192 3655440 1043924 -1200 1042724 2612716 0 2612716 953248 0 953248 1200 1200 954448 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED COMMUNITY FOUNDATION OF JOHNSON COUNTY, IOWA AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ON JULY 1, 2009, THE FOUNDATION ADOPTED THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION, AND VARIOUS TAX POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES AT JUNE 30, 2011 AND 2010. THE FOUNDATION'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATING TO UNCERTAIN TAX POSITION IN INTEREST EXPENSE AND OPERATING EXPENSE, RESPECTIVELY. FORM 990 FILED BY THE FOUNDATION IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORM 990 FILED BY THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET DEPRECIATION IN FAIR VALUE OF INVESTMENTS 1,043,924. PART XII, LINE 2D - OTHER ADJUSTMENTS: SEMINAR EXPENSES NETTED WITH REVENUE PART XIII, LINE 4B - OTHER ADJUSTMENTS: SEMINAR EXPENSES NETTED WITH REVENUE GOLF TOURNAMENT 34869 26052 8817 8817 34869 26052 8817 8817 8817 0 1 CHILDREN'S CENTER CHARITIES 1552 MALL DRIVE IOWA CITY IA 52240 300478917 501(C)(3) 20000 N/A N/A YOUTH PROGRAMS CHRISTUS LUTHERAN CHURCH N1915 JULIUS DRIVE GREENVILLE WI 54942 391690318 501(C)(3) 30000 N/A N/A GENERAL FUNDING COMMUNITY FOUNDATION OF JOHNSON COUNTY 325 E WASHINGTON STREET IOWA CITY IA 52240 421508117 501(C)(3) 6278 N/A N/A GENERAL FUNDING CORALVILLE COMMUNITY FUND--AFFILIATE FUND 1512 7TH STREET CORALVILLE IA 52241 501(C)(3) 10760 N/A N/A GENERAL FUNDING FRIENDS OF THE CENTER 28 LINN STREET IOWA CITY IA 52240 201219019 501(C)(3) 20323 N/A N/A HEALTH AND HUMAN SERVICES GIRLS INC OF SIOUX CITY PO BOX 3380 SIOUX CITY IA 51102 421272032 501(C)(3) 25000 N/A N/A YOUTH PROGRAMS HEALTHY KIDS INITIATIVE IOWA CITY COMMUNITY SCHOOL DISTRICT DISTRICT IOWA CITY IA 52240 426023567 501(C)(3) 36834 N/A N/A HEALTH AND HUMAN SERVICES HOLY TRINITY LUTHERAN CHURCH 650 WEST 240TH STREET NE NORTH LIBERTY IA 52317 753249981 501(C)(3) 30000 N/A N/A GENERAL FUNDING IOWA CITY CORALVILLE CONVENTION BUREAU 900 FIRST AVENUE CORALVILLE IA 52241 421203842 501(C)(6) 39732 N/A N/A COMMUNITY DEVELOPMENT LISBON COMMUNITY SCHOOL DISTRICT 235 W SCHOOL STREET LISBON IA 52254 420870318 501(C)(3) 80000 N/A N/A EDUCATION NEIGHBORHOOD CENTERS OF JOHNSON CO PO BOX 2491 IOWA CITY IA 52244 421060964 501(C)(3) 7500 N/A N/A EDUCATION, YOUTH PROGRAMS AND GENERAL FUNDING NORTH LIBERTY COMMUNITY PANTRY 85 NORTH JONES BLVD NORTH LIBERTY IA 52317 421233284 501(C)(3) 8921 N/A N/A HEALTH AND HUMAN SERVICES NORTH LIBERTY LIBRARY PO BOX 77 NORTH LIBERTY IA 52317 420926682 501(C)(5) 8644 N/A N/A COMMUNITY DEVELOPMENT SCHEELS FOUNDATION 4550 15TH AVENUE SOUTH FARGO ND 58103 450306649 501(C)(3) 50000 N/A N/A COMMUNITY DEVELOPMENT SHELTER HOUSE INC PO BOX 3146 IOWA CITY IA 52244 421231451 501(C)(3) 44018 N/A N/A HEALTH AND HUMAN SERVICES SOLON DOLLARS FOR SCHOLARS PO BOX 551 SOLON IA 52333 411726442 501(C)(3) 12500 N/A N/A EDUCATION TABLE TO TABLE FOOD DISTRIBUTION NETWORK 20 EAST MARKET STREET IOWA CITY IA 52246 421457219 501(C)(3) 8979 N/A N/A HEALTH AND HUMAN SERVICES UNITED ACTION FOR YOUTH 410 IOWA AVENUE IOWA CITY IA 52240 420954860 501(C)(3) 7870 N/A N/A YOUTH PROGRAMS UNITED WAY OF JOHNSON COUNTY 1150 5TH STREET SUITE 290 CORALVILLE IA 52241 426062055 501(C)(3) 89500 N/A N/A HEALTH & HUMAN SERVICES ZION LUTHERAN CHURCH 310 N JOHNSON STREET IOWA CITY IA 52245 421010633 501(C)(3) 30000 N/A N/A GENERAL FUNDING 18 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION REQUIRES THAT EACH GRANT RECIPIENT COMLETE AND SUBMIT A GRANT REPORT FORM AT THE END OF THE ORGANIZATION'S FISCAL YEAR. X 7 266945 FMV 0 0 1 0 FORM 990, PART IV, LINE 12A AND PART XII, LINE 2B: THE FOUNDATION'S ACCOUNTS ARE MAINTAINED AND THE FINANCIAL STATEMENTS ARE AUDITED ON A MODIFIED CASH BASIS METHOD OF ACCOUNTING. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FINAL VERSION OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR RECEIPT PRIOR TO FILING. THE FINAL VERSION OF THE FORM 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNING AND FILING THE RETURN. EVEN THOUGH THERE IS NO OFFICIAL REVIEW CONDUCTED BY THE FULL BOARD OF DIRECTORS, AN OPPORTUNITY FOR DISCUSSION IS MADE AVAILABLE TO THE BOARD AT THE FIRST MEETING FOLLOWING THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED ANNUALLY TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND SIGNATURE ACCEPTANCE. FORM 990, PART VI, SECTION B, LINE 15A A PERFORMANCE EVALUATION FOR THE EXECUTIVE DIRECTOR IS SENT TO THE ENTIRE BOARD OF DIRECTORS ANNUALLY. THE BOARD MEMBERS GIVE FEEDBACK TO THE EXECUTIVE COMMITTEE WHO THEN EVALUATE IN CONJUNCTION WITH LOCAL MARKET COMPARABILITY DATA TO DETERMINE AN APPROPRIATE EXECUTIVE DIRECTOR SALARY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET DEPRECIATION IN FAIR VALUE OF INVESTMENTS 1,043,924. TOTAL TO FORM 990, PART XI, LINE 5: 1,043,924.