EIN 42-1427287

Manning Betterment Foundation

IRS 501(c) type
501(c)(3)
Num. employees
50
City
Manning
State
Year formed
1994
Most recent tax filings
2024-06-01
Description
The Manning Betterment Foundation encourages community pride, identifies needs, stimulates social and economic development, diversifies to meet future needs and challenges, and establishes a sense of community. It aided in the creation of additional jobs by constructing a new building for a new business in Manning. The Foundation also maintains a child care center that has been remodeled to increase capacity for employed individuals needing day care services.
Total revenues
$903,055
2024
Total expenses
$685,076
2024
Total assets
$1,478,432
2024
Num. employees
50
2024

Program areas at Manning Betterment Foundation

The creation of additional jobs within the community was accomplished by attracting a new business to the city of Manning. The Foundation aided this effort by constructing a new building and leasing office space to this new business. In addition, a portion of the building was remodeled for the purpose of establishing a child care center so that employees attracted by the new jobs would have child day care services available as well. The Foundation continues looking for opportunities for new business to come to the community. Real estate that is owned is for sale or can be remodeled to suit the buyer. In addition, the Foundation continues to support the child care center which provides necessary day care services for employees of new businesses. An added subsidiary benefit of the child care center is the additional jobs it has provided to people in the community.
The Foundation maintains a child care center to provide day care facilities to new and existing individuals that become employed and need these child care services within the community. The Foundation has remodeling its child care center to increase the care space for school age children. It will greatly enhance its ability to provide for that need after school and on school vacation days.

Who funds Manning Betterment Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Warren Htimmerman Charitable TrustDaycare Center Handicap Bathrooms,$30,000
Comm Foundation of Carroll CountyFacility Improvement$10,000

Financials for Manning Betterment Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$100,115
Program services$561,353
Investment income and dividends$9,125
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-3,110
Net gain from sale of non-inventory assets$235,572
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$903,055

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Data update history
February 12, 2025
Posted financials
Added Form 990 for fiscal year 2024
February 11, 2025
Updated personnel
Identified 1 new personnel
January 15, 2025
Received grants
Identified 1 new grant, including a grant for $10,000 from Comm Foundation of Carroll County
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $30,000 from Warren Htimmerman Charitable Trust
February 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
401 Main St PO Box 325
Manning, IA 51455
County
Carroll County, IA
Phone
(712) 655-3557
IRS details
EIN
42-1427287
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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