TOTAL REVENUE - FISCAL 2025
$7,666,096
Up 15.2% from $6,653,349 in fiscal 2024.
Midlands Community Foundation
Papillion, Nebraska - EIN 51-0191738 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Midlands Community Foundation reported $7,666,096 in revenue and $5,102,925 in expenses in fiscal 2025, a surplus of $2,563,171 for the year. Program services took $4,883,882 of expenses, or 95.7%. The organization closed the year with $20,574,848 in net assets - about 48.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$5,102,925
Revenue minus expenses: $2,563,171 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
95.7%
$4,883,882 of $5,102,925 went to program services.
NET ASSETS - END OF FISCAL 2025
$20,574,848
Total assets $20,666,308 minus total liabilities $91,460.
TOP EXECUTIVE PAY - FISCAL 2025
$113,479
Diane Knicky, Executive Director, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
6 Employees
Plus 70 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $65,338 in fundraising expenses divided by $6,878,602 in total contributions. On cash contributions only: $0.01.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $6,878,602 |
| Of Which Cash Contributions | $5,624,480 |
| Of Which Donated Goods (Noncash) | $1,254,122 |
| Fundraising Events | $73,683 |
| All Other Contributions | $6,804,919 |
| Program Service Revenue | $3,750 |
| Investment Income | $748,442 |
| Other Revenue | $35,302 |
| Total Revenue (All Sources) | $7,666,096 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
48.4 Months
of reserves - $20,574,848 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $425,243 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $20,666,308 |
| Total Liabilities | $91,460 |
| Liabilities as Share of Assets | 0.4% |
| Net Assets | $20,574,848 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Diane Knicky - Executive Director | $113,479 | 2.22% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
20 voting members, 20 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Diane Knicky | Executive Director |
| Spencer Kimball | Treasurer/secretary |
| Karla Rupiper | Member |
| Rick Iske | President |
| Janet Barna | Member |
| Julie Bear | Member |
| Valerie Downs | Member |
| Mary Gawecki | Member |
| Kevin Dasher | Vice President |
| Dr Jim Langley | Member |
| Lee Polikov | Member |
| Matt Pospisil | Member |
| Barb Slattery | Member |
| Ken Summerfield | Member |
| Rod Buethe | Member |
| Kevyn Sopinski | Member |
| John Jungers | Member |
| Tammi Palm | Member |
| Leanne Sotak | Member |
| Tom Ackley | Member |
| Kara Habrock | Member |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence20 voting / 20 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $1,930,337 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Boots Laced Up Foundation DESIGNATED FUND DONATION FOR HIGHWATER ACADEMY JOB TRAINING FOR VETERANS | $6,500 |
| Brookside Church DONOR ADVISED FUND GENERAL DONATION | $9,600 |
| Camp Daisy And Harry Stein DONOR ADVISED FUND GENERAL DONATION | $6,625 |
| Christ Community Church DONOR ADVISED FUND GENERAL DONATION | $24,000 |
| Christ Lutheran Church DONOR ADVISED FUND GENERAL DONATION | $15,000 |
| City Of Bellevue DESIGNATED FUND DONATIONS FOR CAPITAL CAMPAIGN AND GENERAL OPERATIONS | $125,637 |
| City Of Louisville AFFILIATED FUND- DONATION FOR COLUMBARIUM FOR LOUISVILLE CEMETERY | $10,782 |
| City Of Papillion DESIGNATED FUND DONATION FOR FIRE DEPARTMENT EQUIPMENT | $20,668 |
| City Of Plattsmouth Ems DESIGNATED FUND DONATION TO PURCHASE LUCAS 3 CHECT COMPRESSION DEVICE | $19,509 |
| City Of Springfield AFFILIATED FUND DONATION TO PROVIDE PA SYSTEM AND WIFI IN DOWNTOWN | $48,862 |
| Congregation Of Kol Ami DONOR ADVISED FUND GENERAL DONATION | $6,600 |
| Food Bank For The Heartland MCF GRANT: BACKPACK PROGRAM. DONOR ADVISED DONATION FOR FOODIES AND CAPITAL CAMPAIGN | $40,000 |
| Gretna Neighbors DESIGNATED FUND GENERAL DONATION | $23,707 |
| Gretna Public Schools Foundation DESIGNATED FUND DONATION TO SCHOLARSHIP FUNDS | $11,000 |
| Habitat For Humanity Of Omaha DESIGNATED FUND GENERAL DONATION | $10,000 |
| Ironhawk Juniors Triathlon Club DESIGNATED FUND GENERAL DONATION | $10,000 |
| Journey Church DESIGNATED FUND GENERAL DONATION | $13,200 |
| Lift Up Sarpy County AFFILIATE AND DESIGNATED FUND GENERAL DONATION | $5,419 |
| Lofte Community Theatre DESIGNATED FUND DONATION FOR ELECTRICAL FOR NEW PAVILION | $36,619 |
| Louisville Public Schools Foundation AFFILIATED FUND GENERAL DONATION | $10,000 |
| Lucile Packard Foundation For Children DESIGNATED FUND DONATION FOR SIOD BRAIN RESEARCH | $25,000 |
| Nebraska Lutheran Outdoor Ministries DONOR ADVISED DONATION FOR THE GROVE SUSTAINING SACRED SPACES | $20,000 |
| Neighborgood Community Pantry DESIGNATED FUND GENERAL DONATION | $767,000 |
| North Texas Wildlife Center DONOR ADVISED FUND GENERAL DONATION | $15,000 |
| Omaha Sports Commission MCF GRANT: MAHONEY STATE PARK EVENT MATERIALS AND STORAGE FOR CROSS COUNTRY | $5,968 |
| Open Door Mission DONOR ADVISED FUND GENERAL DONATION | $11,500 |
| Papillion Lavista Schools Foundation MCF GRANT: REDUCE STUDENT LUNCH DEBT, STUDENT CLOTHING, AND HYGIENE ITEMS. DONOR ADVISED AND DESIGNATED FUND DONATIONS TO ESTABLISH SCHOLARSHIPS AND PROVIDE GENERAL SUPPORT. | $35,000 |
| Papillion Lavista South High School DESIGNATED FUND ATHLETIC DEPARTMENT DONATIONS | $91,918 |
| Papillion Lavista Teammates DESIGNATED FUND GENERAL DONATION | $20,000 |
| Papillion Lavista Trap Team DESIGNATED FUND GENERAL DONATION | $16,304 |
| Project Pink'D AFFILIATED FUND GENERAL DONATION | $7,100 |
| Sarpy County Dare AFFILIATED FUND DONATION FOR SHOP WITH A SHERIFF AND SCSO CRIME VICTIMS MEMORIAL | $10,343 |
| Sarpy County Historical Society DESIGNATED FUND GENERAL DONATION | $30,000 |
| St Patricks Catholic Church DONOR ADVISED GENERAL DONATION | $8,500 |
| St Patricks Catholic Church DONOR ADVISED CAPITAL CAMPAIGN DONATION | $40,000 |
| Temple Kol Ami DONOR ADVISED FUND GENERAL DONATION | $6,600 |
| Trinity Lutheran Church DONOR ADVISED FUND GENERAL DONATION | $24,500 |
| Village Of Greenwood DESIGNATED FUND DONATION FOR AMBULANCE COMBINATION TOOL FOR EXTRICATION PURPOSES | $10,317 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $6,653,349 | - |
| Fiscal 2025 | $7,666,096 | +15.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jul 1, 2024 - Jun 30, 2025 | Form 990 | In Force - Filed May 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.