MADISON COMMUNITY FOUNDATION INC
MADISON,
South Dakota,
57042
EIN: 46-0447957
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
820 N WASHINGTON AVE
57042
COUNTY
lake county, SD
IN CARE OF NAME
MARK LEE
ORGANIZATIONAL OVERVIEW & RANKINGS
MADISON COMMUNITY FOUNDATION INC is a based in MADISON, SD, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising Organizations That Cross Categories. Established in September 1998, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $553,669.00, this ranks 280,344 among 2,656,690 nonprofits nationally (Top 11%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 1,059 out of 10,289 organizations in SD (Top 11%).
In lake county, SD, the organization ranks 17 out of 148 nonprofits by assets (Top 9%), while locally in madison, it stands at 17 among 107 organizations (Top 10%).
The organization reported annual revenue of $58,871.00, ranking 476,395 nationally (Top 18%) and 1,944 in SD (Top 19%).
Within its specific NTEE classification (T70 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,160 similar organizations, MADISON COMMUNITY FOUNDATION INC ranks 333 in assets (Top 16%) and 540 in revenue (Top 25%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Community trust or component
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T70: Fund Raising Organizations That Cross Categories
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$58,871.00
FORM 990 REVENUE AMOUNT
$58,871.00
RULING DATE
09/1998
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$553,669.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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