Mission
Community Foundation providing assistance for the betterment of the community. Pillars are Education, Community and Economic Development, Arts and Environment.
Community Foundation
GREATER LAKE CITY COMMUNITY FOUNDATION
Based in LAKE CITY, MN, GREATER LAKE CITY COMMUNITY FOUNDATION operates as a Community Foundation. The organization reported $250K in revenue, $101K in expenses, $1.1M in total assets for fiscal year 2025. Imperigo tracks 9 reported grants from this foundation totaling approximately $84K.
EIN: 455337894
LAKE CITY, MN
Rural Economic Development
NTEE: S32
Latest filing: 2025
Total Revenue$250K
Total Expenses$101K
Total Assets$1.1M
Grants Given9
Grant Total$84K
Filing Years2021–2025
Where $100 goes at Greater Lake City Community Foundation
How Greater Lake City Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$77
Programs
the work itself
$23
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $77 for programs
$35
First Luthern Church
$24
United Way of Goodhue, Wabasha, and Pierce Counties for Lake City Packing for the Weekend
$18
Lake City Area Arts
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
First Lutheran Church
General Donation
$15,000
Childrens Food Program
$10,000
Arts Programming
$7,500
United Way
$10,000
United Way
$10,000
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
DIRECTOR
Ann Nibbe
PRESIDENT
Beth Krehbiel
SECRETARY
Bruce Carlstrom
DIRECTOR
Gregory Langfield
ASST TREASURER
Heather Banks
DIRECTOR
Jolene Harvey
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $250K | $101K | $1.1M |
| 2024 | $288K | $49K | $846K |
| 2023 | $139K | $40K | $548K |
| 2022 | $95K | $35K | $379K |
| 2021 | $145K | $21K | $414K |
Between 2021 and 2025, reported annual revenue grew from $145K to $250K (+72%), with total assets most recently reported at $1.1M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.