Public Charity

GREATER OELWEIN AREA CHARITABLE FOUNDATION INC

Based in OELWEIN, IA, GREATER OELWEIN AREA CHARITABLE FOUNDATION INC operates as a Public Charity. The organization reported $27K in revenue, $65K in expenses, $3.2M in total assets for fiscal year 2023. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $235K.

EIN: 421506967 OELWEIN, IA Latest filing: 2023
Total Revenue$27K
Total Expenses$65K
Total Assets$3.2M
Grant Records5
Funding Total$235K
Filing Years2019–2023

Mission

CHARITABLE AND EDUCATIONAL PURPOSES - (1) TO RAISE MONEY FOR THE CONSTRUCTION AND OPERATION OF A COMMUNITY ARTS/PERFORMANCE CENTER AND A RECREATION/WELLNESS CENTER. TO BE OPERATED BY A 28E COMMITTEE COMPOSED OF THE CITY OF OELWEIN & THE OELWEIN COMMUNITY SCHOOL DISTRICT. WILL BENEFIT OVER 10,000 RESIDENTS OF THE SURROUNDING AREA.(2) TO RAISE MONEY AND CONSTRUCT A REGIONAL ACADEMY FOR MATH AND SCIENCE TO BE OPERATED BY A 28E AGREEMENT COMPOSED OF THE FOUNDATION, THE OELWEIN COMMUNITY SCHOOL DISTRICT AND NORTHEAST IOWA COMMUNITY COLLEGE.THE FOUNDATION LEASES THE ACADEMY TO THE NORTHEAST IOWA COMMUNITY COLLEGE WITH THE PROCEEDS GOING TO PAY THE DEBT SERVICE OWED TO THE USDA-RD.3) MISCELLANEOUS CONTRIBUTIONS ARE RECEIVED TO SUPPORT WELLNESS SCHOLARSHIPS, AND OTHER CHARITABLE AND EDUCATIONAL PROJECTS.

Officers & Directors

Vice President Jenna Shares
Director Jim Kullmer
Treasurer Jon King
Chairman Josh Ehn
Director Larry Murphy
Secretary Sandra J Graf

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUMAN SERVICES
$235,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2023 $27K $65K $3.2M
2022 $83K $79K $3.2M
2021 $60K $67K $3.2M
2020 $12K $28K $3.2M
2019 $25K $37K $3.3M

Between 2019 and 2023, reported annual revenue grew from $25K to $27K (+5%), with total assets most recently reported at $3.2M.

Interactive year-over-year charts and full filing details available with membership.

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