EIN 36-3736451

Sterling Today

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Sterling
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Sterling Today is a private foundation that primarily funds store upgrades, landscaping, christmas decor, and marketplace grant, historical preservation and facade improvements in the Sterling, IL area. The purpose of Sterling Today is to promote and generate development in the greater sterling, illinois area to improve the economic conditions and employment opport. Grantees include City Of Sterling and others. Sterling Today made three grants last year.
Total revenues
$304,362
2022
Total expenses
$670,974
2022
Total assets
$7,555,382
2022
Num. employees
0
2010

Program areas at Sterling Today

Promote and generate development in the greater Sterling, Illinois area to improve the economic conditions and employment opportunities in the area. This is accomplished through acquisition and development of commercial properties and providing grants for projects consistent with our exempt function.
Promote and generate development in downtown Sterling, il primarily through ownership and rental of buildings to businesses, as well as, providing grants to local businesses and non-profit organizations for improvements and operations.
Common area maintenance(cam) revenue is generated to provide repairs and maintenance of the common areas and facilities to maintain the integrity of the buildings in Sterling, il.
Properties owned by the organization are disposed of or sold incurring either gains or losses. The board of directors determines when such a sale or disposal benefit the development of downtown sterling,il. Funds from these sales and disposals are used to purchase other properties to promote the development of downtown Sterling, il.

Grants made by Sterling Today

GranteeGrant descriptionAmount
Main Street of SterlingHistorical Preservation and Facade Improvements.$141,102

Who funds Sterling Today

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Sterling Development CorporationReal Estate Purchase$16,000

Personnel at Sterling Today

NameTitleCompensation
Mary BensonPresident$0

Financials for Sterling Today

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$14,714
Net rental income$0
Net gain from sale of non-inventory assets$-55,328
Gross sales of inventory$0
Miscellaneous revenues$344,976
Total revenues$304,362

Form 990s for Sterling Today

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-30990PFView PDF
2021-122022-08-05990PFView PDF
2020-122021-06-29990PFView PDF
2019-122020-08-28990PRView PDF
2018-122019-10-12990PFView PDF
...and 10 more Form 990s
Data update history
October 30, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 29, 2023
Updated personnel
Identified 1 new personnel
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
April 5, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
15 E 3rd St
Sterling, IL 61081
Phone
(815) 626-8610
IRS details
EIN
36-3736451
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Sterling Today has new information, or want to find more organizations like Sterling Today?

Create free Cause IQ account