Community Betterment Organization
THE COMMUNITY BETTERMENT ORGANIZATION ("CBO") WAS FORMED TO SUPPORT CENTRAL COLLEGE, THE CITY OF PELLA, AND PELLA REGIONAL HEALTH CENTER, TO ENGAGE IN ACTIVITIES THAT SUCH ORGANIZATIONS WOULD STRIVE TO ENGAGE IN THEMSELVES WERE IT NOT FOR CBO, INCLUDING WITHOUT LIMITATION, PROVIDING AMENITIES THAT MAKE A SMALL TOWN A MORE DESIRABLE PLACE TO LIVE AND CONDUCT BUSINESS.
Key facts about Community Betterment Organization
- EIN
- 42-1499686
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $154,473
- Grants made (2024)
- 1
- Average grant
- $154,473
- Median grant
- $154,473
- Total assets
- $1,179,708
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Community Betterment Organization gives
- Giving fell 49% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Community Betterment Organization
- How to evaluate Community Betterment Organization as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-55.8% YoY
Annual Giving
$154K
+280.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$154K
+280.3% YoY
About Community Betterment Organization
Based on IRS filings
Community Betterment Organization is a nonprofit organization focused on Community Improvement & Capacity Building, based in Pella, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grant totaling $154K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,179,708 | $2,670,338 | $2,805,481 |
| Revenue | $36,644 | $102,055 | $666,566 |
| Expenses | $257,330 | $237,791 | $293,196 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,044 | $20,948 | $966 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Central College ($154,473).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL COLLEGE Pella, IA | SUPPORT FOR LOSSES INCURRED BY MOVIE THEATER | $154,473 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Adam Farver | Director | 1 | — |
| Alison Van Wyngarden | Director | 1 | — |
| Fred Kreykes | Director | 1 | — |
| Mike Nardini | Director | 1 | — |
| Mark Putnam | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Community Betterment Organization?
Community Betterment Organization is a nonprofit organization focused on Community Improvement & Capacity Building, based in Pella, IA. It holds $1.2M in total assets as of 2024.
How large is Community Betterment Organization?
As of 2024, Community Betterment Organization holds $1.2M in total assets with $37K in annual revenue. It awarded 1 grant totaling $154K in 2024.
Where does Community Betterment Organization operate?
Community Betterment Organization has awarded grants in Iowa.
What size grants does Community Betterment Organization award?
In 2024, Community Betterment Organization awarded 1 grant totaling $154K — an average of about $154K per grant, based on its IRS Form 990 filings.
What is Community Betterment Organization's EIN?
Community Betterment Organization's EIN (Employer Identification Number) is 42-1499686. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.