2024-09-12T12:34:11-07:00 2023-12-31 421042703 RFSW & Co CPAs PC 25 N Frederick Ave Oelwein IA 50662 990 2023-01-01 421506967 GREATER OELWEIN AREA CHARITABLE FOUNDATION INC GREA 25 N Frederick Ave OELWEIN IA 50662 JOSH EHN Vice President 2024-09-12 true true Bryce Bentley P01882415 3192831173 2023 2024-08-08 14:25:15Z JOSH EHN 25 N Frederick Ave OELWEIN IA 50662 76447 false X N/A X IA 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. 7 7 0 -19900 86500 46300 0 104 147 -3538 -19900 83066 26547 78618 64792 0 0 0 0 0 78618 64792 4448 -38245 3199716 3152490 432599 423618 2767117 2728872 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. false false 64792 THE ORIGINAL PURPOSE OF THE ORGANIZATION WAS TO RAISE MONEY TO CONSTRUCT A PERFORMING ARTS CENTER AND A RECREATION AND WELLNESS CENTER. PLEDGES COLLECTED DURING THE YEARS 2000 - 2005 ARE APPLIED TO $2000000 OF REVENUE BONDS USED TO CONSTRUCT THE FACILITY. WHEN THE ENTIRE DEBT IS RETIRED, THE FACILITY WILL BE DONATED TO THE CITY AND SCHOOL DISTRICT.THERE REMAINS $5000 ON THE DEBT SERVICE.THE CURRENT PURPOSE OF THE ORGANIZATION IS TO RAISE MONEY AND CONSTRUCT A REGIONAL ACADEMY FOR MATH AND SCIENCE TO BE OWNED BY THE "FOUNDATION AND OPERATED UNDER A 28E AGREEMENT WITH THE OELWEIN COMMUNITY SCHOOL DISTRICT AND NORTHEAST IOWA COMMUNITY COLLEGE.THE COMMUNITY COLLEGE LEASES THE REGIONAL ACADEMY FROM THE FOUNDATION FOR $30000 ANNUALLY WHICH THEN IS APPLIED TO THE DEBT SERVICE THE FOUNDATION HAS WITH THE USDA.THE FOUNDATION ALSO SUPPORTS LOCAL NONPROFIT CIVIC ORGANIZATIONS. 64792 true false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false false false false false true true true true false false false true false X Josh Ehn 3194153103 3846 Rose Rd OELWEIN IA 50662 X Jon King Treasurer 0.00 0.00 X 0 0 0 Jenna Shares Vice President 0.00 0.00 X 0 0 0 JOSH EHN Chairman 0.00 0.00 X 0 0 0 SANDRA J GRAF Secretary 0.00 0.00 X 0 0 0 Travis Bushaw Director 0.00 0.00 X 0 0 0 LARRY MURPHY Director 0.00 0.00 X 0 0 0 Jim Kullmer Director 0.00 0.00 X 0 0 0 0 false false false 0 46300 46300 0 147 147 0 0 30000 49900 -19900 -19900 -19900 0 0 0 0 0 26547 147 -19900 64792 64792 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64792 64792 0 0 158112 141845 0 0 0 0 0 0 0 0 3488454 477811 3041604 3010643 0 0 0 0 2 3199716 3152490 8479 8479 419119 410139 5000 5000 1 432599 423618 X 117853 117854 2649264 2611018 2767117 2728872 3199716 3152490 -38245 X true X false false false X 44500 31000 80000 85000 46300 286800 0 0 44500 31000 80000 85000 46300 286800 0 286800 363 113 70 104 147 797 -19620 -19563 -19591 -3538 -62312 0 225285 1.00000 1.00000 X 3488454 477811 3010643 3010643 false AMERICAN LEGION - POST #9 108 1ST STREET SW OELWEIN IA 50662 15000 0 NEW ROOF AND GENERAL OPERATIONS Oelwein Chamber 6 South Frederick Ave Oelwein IA 50662 15000 0 Economic Development Oelwein Trap Club 12 11th ST SW Oelwein IA 50662 6300 0 Youth Sporting Events Viper Lanes 100 W Charles St Oelwein IA 50662 25000 0 Community Assitance due to disaster 1 3 Form 990, Part VI, Section B, Line 11b COPY OF FORM 990 PROVIDED TO ALL DIRECTORS PRIOR TO ISSUANCE Form 990, Part VI, Section B, Line 12c ANNUAL REVIEW OF CONFLICT STATEMENTS IN GENERAL BOARD MEETING Form 990, Part VI, Section B, Line 15b ORGANIZATION DOES NOT COMPENSATE DIRECTORS - ALL VOLUNTARY. ORGANIZATION DOES NOT HAVE EMPLOYEES. Form 990, Part VI, Section C, Line 19 No documents available to the public.