Nonprofit · EIN 42-6122716
QUAD CITIES COMMUNITY FOUNDATION
Tax-exempt · BETTENDORF, IA 52722
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $25,302,425 | $12,353,577 | $12,948,848 | $209,702,570 | $1,746,228 | $207,956,342 |
| December 31, 2023 | 990 | $14,846,043 | $12,507,962 | $2,338,081 | $184,908,606 | $1,706,061 | $183,202,545 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,670,093
- of which government grants
- $314,520
- Program service revenue
- $0
- Investment income
- $11,415,961
- Net gain from sales of assets
- $6,776,003
- Other revenue
- $216,371
Expenses
- Grants and similar amounts paid
- $9,054,392
- Compensation of officers, directors and key employees
- $392,581
- Other salaries and wages
- $1,024,105
- Salaries, compensation and benefits (total)
- $1,777,236
- Professional fundraising fees
- $0
- Legal fees
- $20,683
- Accounting fees
- $37,235
- Occupancy
- $170,169
- Travel
- $21,762
- Depreciation
- $1,190
- Program services (functional)
- $9,730,335
- Management and general (functional)
- $1,958,174
- Fundraising (functional)
- $665,068
Balance sheet and other
- Total assets, start of year
- $184,908,606
- Total assets, end of year
- $209,702,570
- Total liabilities, end of year
- $1,746,228
- Net assets, end of year
- $207,956,342
- Land, buildings and equipment
- $2,089
- Publicly traded securities
- $197,909,990
- Net assets without donor restrictions
- $202,936,602
- Net assets with donor restrictions
- $5,019,740
- Gross unrelated business income
- $146,179
- Gross receipts
- $83,232,764
- Employees
- 23
- Volunteers
- 183
- Year formed
- 1964
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN HAFKEMEYER | PRESIDENT & CEO Officer | 39 | $234,929 | $20,985 |
| ANNE CALDER | VP OF DEVELOPMENT Highest-paid employee | 40 | $129,488 | $19,437 |
| KELLY THOMPSON | VP OF GRANTMAKING & COMMUNITY INITIATIVES Highest-paid employee | 40 | $118,147 | $28,129 |
| PAUL TOMKINS | VP OF FINANCE Officer | 39 | $123,780 | $12,887 |
| JOHN ANDERSON | VICE BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| DEB ANSELM | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| SURESH BALAKRISHNAN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ELIZABETH CERVANTES | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ESMERALDA KIZER | FORMER BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| GERALD JONES | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| LANCE LESLIE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JANET MASAMOTO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JEAN MORAN | FORMER PAST BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| KENT PILCHER | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MARK SCHWIEBERT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRISTY TACKETT-HUNT | SECRETARY Trustee or director, Officer | 5 | $0 |
| THOMAS THOMS | BOARD TREASURER Trustee or director, Officer | 5 | $0 |
| SCOTT TINSMAN | BOARD MEMBER Trustee or director | 5 | $0 |
| LADRINA WILSON | 2ND VICE BOARD CHAIR Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN HAFKEMEYER | PRESIDENT & CEO Officer | 39 | $215,390 | $18,022 |
| ANNE CALDER | VP OF DEVELOPMENT Highest-paid employee | 40 | $126,484 | $17,445 |
| KELLY THOMPSON | VP OF GRANTMAKING & COMMUNITY INITIATIVE Highest-paid employee | 40 | $126,274 | $13,305 |
| JOHN ANDERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| DEB ANSELM | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| SURESH BALAKRISHNAN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ELIZABETH CERVANTES | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ESMERALDA KIZER | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| GERALD JONES | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| LANCE LESLIE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JANET MASAMOTO | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JEAN MORAN | PAST BOARD CHAIR Trustee or director, Officer | 10 | $0 | $0 |
| KENT PILCHER | BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| MARK SCHWIEBERT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| CRISTY TACKETT-HUNT | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| THOMAS THOMS | BOARD TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| SCOTT TINSMAN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| LADRINA WILSON | VICE BOARD CHAIR Trustee or director, Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 852 MIDDLE RD STE 100, BETTENDORF, IA 52722-4100
- In care of
- % SHERRY RISTAU
- Principal officer (990 for 2024)
- SUSAN HAFKEMEYER, 852 MIDDLE ROAD 100, BETTENDORF, IA 52722
- Signed the 990
- SUSAN HAFKEMEYER, PRESIDENT & CEO
- Phone
- (563) 326-2840
- Return prepared by
- RSM US LLP
Mission
TRANSFORMING OUR REGION THROUGH THE GENEROSITY OF OUR DONORS
Program accomplishments
- UNRESTRICTED AND DESIGNATED GRANTS - GRANTS ARE ALLOCATED THROUGH BOTH RESPONSIVE AND PROACTIVE METHODS. A COMMITTEE MADE UP OF BOTH BOARD AND COMMUNITY MEMBERS MEETS TWICE EACH YEAR TO REVIEW GRANT APPLICATIONS AND AWARD RESPONSIVE GRANTS. A BOARD COMMITTEE FOR STRATEGIC GRANTMAKING REVIEWS CURRENT COMMUNITY ISSUES TO IDENTIFY LARGER SCALE PROJECTS AND PARTNERSHIPS. STAFF PROVIDES COMMUNITY LEADERSHIP AND FACILITATES CONVENING OF NATURAL STAKEHOLDERS TO ADDRESS BOARD IDENTIFIED PRIORITIES. LARGER MULTI-YEAR GRANTS ARE CONSIDERED AND AWARDED BY THE BOARD APPOINTED COMMITTEE AND MONITORED FOR IMPACT. THE MAJOR ISSUES CURRENTLY BEING ADDRESSED ARE BASED ON OUR COMMUNITIES' REGIONAL VISION PLAN THAT INCLUDES ICONIC NATURAL ASSETS SUCH AS THE MISSISSIPPI RIVER, CULTURAL AMENITIES, WORKFORCE DEVELOPMENT, CRADLE - CAREER DEVELOPMENT, DIVERSITY, EQUITY AND INCLUSION, COMMUNITY COLLABORATION AND ECONOMIC DEVELOPMENT.Expenses $6,120,434 · grants $6,120,434
- DONOR ADVISED GRANTS - THE QUAD CITIES COMMUNITY FOUNDATION (THE FOUNDATION) OPERATES DONOR ADVISED FUNDS TO FULFILL ITS MISSION OF "TRANSFORMING OUR REGION THROUGH THE GENEROSITY OF OUR DONORS." DONORS ADVISE STAFF OF REQUESTED GRANTS, AND STAFF PERFORM DUE DILIGENCE ON SUCH REQUESTS. IF THE GRANT IS DEEMED APPROPRIATE BY STAFF IT IS AWARDED. THE BOARD OF DIRECTORS IS GIVEN A LIST AT EACH BOARD MEETING FOR APPROVAL. EXPENSES IN EXCESS OF GRANTS INCLUDE DISTRIBUTIONS TO NON-CHARITABLE ENTITIES FOR A CHARITABLE PURPOSE. FOR EXAMPLE, PAYING A RETAILER DIRECTLY FOR THE LUMBER TO BUILD PLAYGROUND EQUIPMENT RATHER THAN PAYING A NON-PROFIT ORGANIZATION TO GO PURCHASE THE LUMBER OR TO PROVIDE FUNDS TO A MEMBERSHIP SERVICE ORGANIZATION FOR A CHARITABLE PROJECT. THE FOUNDATION ADHERES TO EXPENDITURE RESPONSIBILITY RULES WHEN NECESSARY.Expenses $2,933,958 · grants $2,933,958
- ADMINISTRATIVE SUPPORT FOR GRANT AND SCHOLARSHIP PROGRAM - THIS SUPPORT CONSISTS OF PROCESSING ALL GRANT AND SCHOLARSHIP APPLICATIONS INCLUDING PERFORMING DUE DILIGENCE, SUPPORTING THE GRANTS COMMITTEE, PREPARING THE CHECKS AND ANY REQUIRED FOLLOW UP. THIS ALSO INCLUDES STAFF TIME FOR CONVENING KEY COMMUNITY STAKEHOLDERS FOR DISCUSSION ON LARGER, MORE STRATEGIC COMMUNITY ISSUES.Expenses $675,943
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-6122716
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $209,702,570
- Income (IRS master file)
- $83,232,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $25,302,425 | $12,353,577 | $209,702,570 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $14,846,043 | $12,507,962 | $184,908,606 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $12,042,072 | $11,171,015 | $162,286,975 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-6122716).
Questions about QUAD CITIES COMMUNITY FOUNDATION
- What is the EIN of QUAD CITIES COMMUNITY FOUNDATION?
- The employer identification number (EIN) of QUAD CITIES COMMUNITY FOUNDATION is 42-6122716.
- Is QUAD CITIES COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to QUAD CITIES COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does QUAD CITIES COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of QUAD CITIES COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did QUAD CITIES COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of QUAD CITIES COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names SUSAN HAFKEMEYER.
- Who are the officers and directors of QUAD CITIES COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 4 received compensation from the organization, the highest $234,929 (SUSAN HAFKEMEYER, PRESIDENT & CEO).
- How much revenue does QUAD CITIES COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $25,302,425, expenses of $12,353,577 and total assets of $209,702,570 at year end.
Other nonprofits in BETTENDORF
- UNITED WAY QUAD CITIES EIN 36-2725960 · last filed 990 for 2025
- QUAD CITIES CULTURAL AND EDUCATIONAL CHARITABLE TRUST EIN 26-1114466 · last filed 990 for 2024
- GOLDSTEIN FAMILY FOUNDATION EIN 42-1467354 · last filed 990-PF for 2024
- INDIAN CHRISTIAN ORTHODOX NETWORK CHARITIES INC EIN 20-2966676 · last filed 990 for 2024
- THE VONDERHAAR FAMILY FOUNDATION EIN 42-1447723 · last filed 990-PF for 2025
- JEFF AND SUSIE SEITZ CHARITABLE FOUNDATION EIN 20-0390907 · last filed 990-PF for 2025
- BETTENDORF COMMUNITY SCHOOLS FOUNDATION EIN 42-1251037 · last filed 990 for 2025
- GERALD J & MARY R VAN SEVEREN FOUNDATION EIN 36-7250640 · last filed 990-PF for 2025
All nonprofits in BETTENDORF · Iowa · Philanthropy, voluntarism and grantmaking foundations