Nonprofit · EIN 47-0785730
FRANKLIN COUNTY COMMUNITY FOUNDATION
Tax-exempt · FRANKLIN, NE 68939
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $96,215 | $140,148 | -$43,933 | $1,622,954 | $244,959 | $1,377,995 |
| December 31, 2024 | 990 | $73,730 | $45,920 | $27,810 | $1,642,265 | $494,545 | $1,147,720 |
| December 31, 2023 | 990 | $32,117 | $38,340 | -$6,223 | $1,478,934 | $378,701 | $1,100,233 |
| December 31, 2022 | 990-PF | $47,026 | $57,202 | -$10,176 | $1,031,684 | $0 | $1,031,684 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,574
- Program service revenue
- $0
- Investment income
- $68,641
- Net gain from sales of assets
- $18,570
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $45,209
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,282
- Program services (functional)
- $111,029
- Management and general (functional)
- $27,868
- Fundraising (functional)
- $1,251
Balance sheet and other
- Total assets, start of year
- $1,642,265
- Total assets, end of year
- $1,622,954
- Total liabilities, end of year
- $244,959
- Net assets, end of year
- $1,377,995
- Publicly traded securities
- $1,547,341
- Net assets without donor restrictions
- $73,658
- Net assets with donor restrictions
- $1,304,337
- Gross receipts
- $176,516
- Employees
- 0
- Volunteers
- 21
- Year formed
- 1994
- State of legal domicile
- NE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRELL GERDES | PRESIDENT Trustee or director, Officer | 10 | $0 |
| KIM GRAMS | VP Trustee or director, Officer | 1.55 | $0 |
| SHELLEY KAHRS | SECRETARY Trustee or director, Officer | 1.35 | $0 |
| TOM MOORE | TREASURER Trustee or director, Officer | 1.35 | $0 |
| BERNIE STRATMAN | DIRECTOR Trustee or director | 1.55 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRELL GERDES | PRESIDENT Trustee or director, Officer | 4.6 | $0 |
| STUART WILSMAN | VP (THRU JAN) Trustee or director, Officer | 0.6 | $0 |
| KIM GRAMS | VP (FROM JAN) Trustee or director, Officer | 1.55 | $0 |
| SHELLEY KAHRS | SECRETARY Trustee or director, Officer | 1.35 | $0 |
| TOM MOORE | TREASURER Trustee or director, Officer | 1.35 | $0 |
| BERNIE STRATMAN | DIRECTOR Trustee or director | 1.55 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRELL GERDES | PRESIDENT Trustee or director, Officer | 4.6 | $0 |
| STUART WILSMAN | VP Trustee or director, Officer | 0.6 | $0 |
| TOM MOORE | TREASURER Trustee or director, Officer | 1.35 | $0 |
| WAYNE HINRICH | SECRETARY (THRU JULY) Trustee or director, Officer | 0.6 | $0 |
| KIM GRAMS | DIRECTOR Trustee or director | 1.55 | $0 |
| SHELLEY KAHRS | DIRECTOR Trustee or director | 1.35 | $0 |
| BERNIE STRATMAN | DIRECTOR (FROM AUG) Trustee or director | 1.55 | $0 |
990-PF for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERRELL GERDES 216 18TH AVE, FRANKLIN, NE 68939 | PRESIDENT | 4.6 | $0 |
| STUART WILSMAN 1815 M ST, FRANKLIN, NE 68939 | VP | 0.6 | $0 |
| TOM MOORE 1429 27 1/2 RD, BLOOMINGTON, NE 68929 | TREASURER | 1.35 | $0 |
| WAYNE HINRICH 631 X ROAD, HILDRETH, NE 68947 | SECRETARY (UNTIL 07/22) | 0.6 | $0 |
| KIM GRAMS PO BOX 1, CAMPBELL, NE 68932 | DIRECTOR | 1.55 | $0 |
| SHELLEY KAHRS 223 12TH AVENUE, FRANKLIN, NE 68939 | DIRECTOR | 1.35 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 173, FRANKLIN, NE 68939-0173
- Principal officer (990 for 2025)
- JERRELL GERDES, PO BOX 173, FRANKLIN, NE 68939
- Signed the 990
- JERRELL GERDES, PRESIDENT
- Phone
- (308) 425-6215
- Return prepared by
- EIDE BAILLY ADVISORY LLC
Mission
NONE
Program accomplishments
- THE FOUNDATION HOLDS AND MANAGES INVESTMENTS OF OTHER INSTITUTIONS, GROUPS, OR ASSOCIATIONS. IN CONNECTION WITH DONOR-RESTRICTED STIPULATIONS, THE FOUNDATION ADMINISTERS AND PROVIDES ANNUAL EDUCATIONAL SCHOLARSHIPS TO PROVIDE FINANCIAL SUPPORT TO BOTH GRADUATING HIGH SCHOOL STUDENTS AND NONTRADITIONAL STUDENTS. THE FOUNDATION ALSO PROMOTES GENERAL GIVING TO VARIOUS CHARITABLE ORGANIZATIONS WITHIN FRANKLIN COUNTY, NEBRASKA.Expenses $111,029 · grants $110,209
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 | 990 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
- 47-0785730
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $1,622,954
- Income (IRS master file)
- $176,516
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $96,215 | $140,148 | $1,622,954 | XML |
| 990 | December 2024 | $73,730 | $45,920 | $1,642,265 | XML |
| 990 | December 2023 | $32,117 | $38,340 | $1,478,934 | XML |
| 990-PF | December 2022 | $47,026 | $57,202 | $1,031,684 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 47-0785730).
Questions about FRANKLIN COUNTY COMMUNITY FOUNDATION
- What is the EIN of FRANKLIN COUNTY COMMUNITY FOUNDATION?
- The employer identification number (EIN) of FRANKLIN COUNTY COMMUNITY FOUNDATION is 47-0785730.
- Is FRANKLIN COUNTY COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FRANKLIN COUNTY COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRANKLIN COUNTY 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 FRANKLIN COUNTY COMMUNITY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANKLIN COUNTY COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FRANKLIN COUNTY COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2025 names JERRELL GERDES.
- Who are the officers and directors of FRANKLIN COUNTY COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FRANKLIN COUNTY COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $96,215, expenses of $140,148 and total assets of $1,622,954 at year end.
Other nonprofits in FRANKLIN
- FRANKLIN COMMUNITY CORPORATION EIN 47-0489496 · last filed 990 for 2025
- UNUSUAL SOLDIERS INC EIN 84-3442877 · last filed 990 for 2025
- FRANKLIN COUNTY SENIOR CITIZENS SERVICES INC EIN 47-0563370 · last filed 990 for 2026
- FRANKLIN LITTLE FLYER ACADEMY INC EIN 82-3418058 · last filed 990-EZ for 2025
- ROSE BOWL PLAYHOUSE INC EIN 47-0741487 · last filed 990-EZ for 2025
- VETERANS OF FOREIGN WARS OF THE UNITED STATES DEPT OF NEBRASKA EIN 23-7008095 · last filed 990-N for 2025
- NEBRASKA 4-H FOUNDATION EIN 32-0390105 · last filed 990-N for 2025
- NEBRASKA 4-H FOUNDATION EIN 38-3782156 · last filed 990-N for 2025
All nonprofits in FRANKLIN · Nebraska · Philanthropy, voluntarism and grantmaking foundations