THE NORTHWEST MINNESOTA FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE NORTHWEST MINNESOTA FOUNDATION (EIN 41-1556013)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202441359349309484
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T16:08:57-04:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814233921 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Haukebo Van Batavia Holte LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 348 | AddressLine1Txt |
| City | Park Rapids | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56470 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411556013 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWEST MINNESOTA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 3RD ST NW | AddressLine1Txt |
| City | BEMIDJI | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN WHITE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2187592057 | PhoneNum |
| Signature | 2024-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KAREN | PersonFirstNm |
| Person Last | WHITE | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Seth Holte | PreparerPersonNm |
| PTIN | P01693743 | PTIN |
| Phone | 2187325769 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 00 | OOBSecurityVerificationCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KAREN WHITE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 3RD ST NW | AddressLine1Txt |
| City | BEMIDJI | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $63,258,911 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | NWMF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | THE NORTHWEST MINNESOTA FOUNDATION INVESTS RESOURCES, FACILITATES COLLABORATION, AND PROMOTES PHILANTHROPY TO MAKE THE REGION A BETTER PLACE TO LIVE AND WORK. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 31 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,687,438 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,142,623 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $712,715 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $744,360 | CYProgramServiceRevenueAmt |
| PY Investment Income | $7,031,975 | PYInvestmentIncomeAmt |
| CY Investment Income | $923,652 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $19,432,128 | PYTotalRevenueAmt |
| CY Total Revenue | $7,810,635 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,402,814 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,528,760 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,263,980 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,664,850 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $360,006 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,550,459 | PYOtherExpensesAmt |
| CY Other Expenses | $2,598,236 | CYOtherExpensesAmt |
| PY Total Expenses | $10,217,253 | PYTotalExpensesAmt |
| CY Total Expenses | $8,791,846 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,214,875 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$981,211 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $91,824,995 | TotalAssetsBOYAmt |
| Total Assets EOY | $96,817,979 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,562,414 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,488,947 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $84,262,581 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $90,329,032 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE NORTHWEST MINNESOTA FOUNDATION INVESTS RESOURCES, FACILITATES COLLABORATION, AND PROMOTES PHILANTHROPY TO MAKE THE REGION A BETTER PLACE TO LIVE AND WORK. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $6,217,611 | ExpenseAmt |
| Revenue | $269,381 | RevenueAmt |
| Desc | THE NORTHWEST MINNESOTA FOUNDATION (NMF) DEMONSTRATED REMARKABLE COMMITMENT AND IMPACT THROUGHOUT FISCAL YEAR 2023, FOSTERING GROWTH, CONNECTIVITY, AND COMMUNITY WELL-BEING IN THE REGION. THIS COMPREHENSIVE SUMMARY ENCOMPASSES THE CUMULATIVE RESULTS OF NMFS ACTIVITIES AND SERVICES, SHOWCASING A DIVERSE RANGE OF INITIATIVES AIMED AT PHILANTHROPY, BUSINESS SUPPORT, AND MISSION-DRIVEN GRANTS.***PHILANTHROPY: COMPONENT, COMMUNITY, AND SCHOLARSHIP FUNDS: NMFS PHILANTHROPIC EFFORTS PLAYED A CENTRAL ROLE IN SHAPING THE REGIONS SOCIO-ECONOMIC LANDSCAPE. THE FOUNDATION DISPERSED A SUBSTANTIAL TOTAL OF OVER $1.7 MILLION THROUGH ITS COMPONENT, COMMUNITY AND SCHOLARSHIP FUNDS, REFLECTING A COMPREHENSIVE APPROACH TO COMMUNITY DEVELOPMENT. SCHOLARSHIPS: A CUMULATIVE SUM OF $434,200 WAS DEDICATED TO PROVIDING 244 SCHOLARSHIPS, EMPHASIZING NMFS COMMITMENT TO EDUCATION AND SKILL DEVELOPMENT. COMPONENT AND COMMUNITY FUNDS: A CUMULATIVE SUM OF $1,269,000 WAS GRANTED FROM THE NMF FAMILY OF FUNDS TO SUPPORT COMMUNITIES AND DONOR GIVING INTERESTS. THIS FUNDING BOLSTERED VARIOUS INITIATIVES, INCLUDING SENIOR LIVING, ANIMAL SHELTERS, BOY SCOUTS, ROTARIANS, COMMUNITY DEVELOPMENT, CHURCHES, HOMELESS SHELTERS, CONSERVATION, ARTS, MEDICAL CARE AND SERVICES, ENVIRONMENTAL AND RECREATION INITIATIVES, LOCAL CITIES, SCHOOL DISTRICTS, AND NONPROFIT ORGANIZATIONS, REINFORCING NMFS DEDICATION TO COMMUNITY DEVELOPMENT.***BUSINESS LOANS AND SUPPORT: NMFS COMMITMENT TO ECONOMIC DEVELOPMENT MANIFESTED IN ROBUST SUPPORT FOR SMALL BUSINESSES, WITH A CUMULATIVE TOTAL OF $985,700 APPROVED ACROSS 41 LOANS THROUGHOUT THE FISCAL YEAR. LOAN PROGRAMS INCLUDE:SBA MICROLOANS: STRATEGIC USE OF THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM FACILITATED ECONOMIC GROWTH.EMERGING ENTREPRENEUR LOAN PROGRAM: THIS PROGRAM SUPPORTED A BUSINESS IN POLK COUNTY, CONTRIBUTING TO THE ECONOMIC VIBRANCY OF THE REGION. CHILD CARE FINANCE PROGRAM: NMFS COMMITMENT TO CHILD CARE BUSINESSES CDFI RAPID RESPONSE PROGRAM: SIX LOANS WERE APPROVED THROUGH THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFI) RAPID RESPONSE PROGRAM.NORTHWEST MINNESOTA COMMUNITY IMPACT CORPORATION: IN ITS INAUGURAL YEAR, THE NMCIC, A WHOLLY OWNED SUBSIDIARY OF NMF APPROVED TWO LOANS, FURTHER EXPANDING NMFS IMPACT ON ECONOMIC DEVELOPMENT.***MISSION-DRIVEN GRANTSNMFS MISSION-DRIVEN GRANTS WERE PIVOTAL IN ADDRESSING SOCIETAL CHALLENGES AND PROMOTING COMMUNITY RESILIENCE, WITH A CUMULATIVE TOTAL OF $933,000 APPROVED THROUGHOUT FISCAL YEAR 2023.TRAINING AND EDUCATION GRANTS: SUPPORTING NONPROFIT ORGANIZATIONS CAPACITY-BUILDING INITIATIVES, CONFERENCES, PROGRAMMING, AND CONSULTANT SERVICES FOR BOARD AND STAFF DEVELOPMENT.DEI GRANTS: PROMOTING DIVERSITY, EQUITY, AND INCLUSION. HOMELESSNESS GRANTS: SUPPORTING TRANSPORTATION SERVICES FOR FAMILIES TO AREA SHELTERS AS NEEDED. HOUSING GRANTS: SUPPORTING MARKET RESEARCH AND DEVELOPMENT OF A REGION-WIDE WORKFORCE STUDY, HOUSING DEVELOPERS TRAINING, AND SPECIFIC COMMUNITY-DRIVEN HOUSING PROJECTS.INNOVATION GRANTS: SUPPORTING THE EXPANSION OF ADDITION-RELATED SERVICES AND INNOVATIVE SOLUTIONS TO REGIONAL CHALLENGES.***CONCLUSIONTHE CUMULATIVE IMPACT OF NMFS INITIATIVES THROUGHOUT FISCAL YEAR 2023 REFLECTS A FOUNDATION DEEPLY EMBEDDED IN THE FABRIC OF NORTHWEST MINNESOTA. FROM ROBUST PHILANTHROPIC EFFORTS, BOLSTERING EDUCATION, HEALTHCARE, AND CULTURAL ENDEAVORS, TO STRATEGIC SUPPORT FOR SMALL BUSINESSES AND INNOVATIVE MISSION-DRIVEN GRANTS, NMF HAS PLAYED A PIVOTAL ROLE IN SHAPING THE REGIONS ECONOMIC AND SOCIAL LANDSCAPE. AS THE FOUNDATION LOOKS FORWARD TO FUTURE ENDEAVORS, ITS COMMITMENT TO CONNECTING PEOPLE, PLACES, AND POSSIBILITIES REMAINS UNWAVERING, FOSTERING BOUNDLESS OPPORTUNITIES FOR THE RESIDENTS OF NORTHWEST MINNESOTA. | Desc |
| Total Program Service Expenses | $6,217,611 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 164 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 31 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHANNON JESME | PersonNm |
| Phone | 2187592057 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 3RD ST NW | AddressLine1Txt |
| City | BEMIDJI | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 56601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| KAREN WHITE | ||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | Yes (X) | $183,032 | $0 | $9,196 | |
| MICHAEL NEUSSER | ||||||||
| VP OF OPERATIONS | 40.00 | 0.00 | Yes (X) | $113,008 | $0 | $5,065 | ||
| NATHAN DORR | ||||||||
| VP OF ADVOCACY | 40.00 | 0.00 | Yes (X) | $101,638 | $0 | $6,156 | ||
| KAITLYN GRENIER | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| JILL JOHNSON | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| ANTONIO FRANKLIN | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| DEB ZAK | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| BRUCE REEVES | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| CONNIE LINDSTROM | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| MIKE LAROQUE | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| KRISTI THORFINNSON | ||||||||
| DIRECTOR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| MICHELLE PAQUIN | ||||||||
| CHAIR | 4.00 | 0.00 | $0 | $0 | $0 | Yes (X) | ||
| TODD BECKEL | ||||||||
| TREASURER | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CHERI GUNVALSON | ||||||||
| SECRETARY | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JASON CARLSON | ||||||||
| VICE CHAIR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $397,678 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $20,417 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | COMPASS CAPITAL MANAGEMENT INC | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SUITE 400 BAKER BLDG 706 2ND AVE | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT MGMT | ServicesDesc |
| Compensation | $199,498 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,642,822 | GovernmentGrantsAmt |
| All Other Contributions | $4,499,801 | AllOtherContributionsAmt |
| Noncash Contributions | $14,521 | NoncashContributionsAmt |
| Total Contributions | $6,142,623 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PARTICIPATION FEES | 900099 | $330,757 | $330,757 |
| INTEREST REVENUE - LOAN | 900099 | $129,253 | $129,253 |
| LOAN APPLICATION FEES | 900099 | $14,969 | $14,969 |
| REVENUE FROM SERVICES | 900099 | $269,381 | $269,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $744,360 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,956,499 | TotalRevenueColumnAmt |
| Exclusion | $1,956,499 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $54,415,429 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,445,609 | SecuritiesAmt |
| Other | $2,667 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,030,180 | SecuritiesAmt |
| Other | -$2,667 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,032,847 | TotalRevenueColumnAmt |
| Exclusion | -$1,032,847 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,810,635 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $744,360 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $923,652 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,068,069 | TotalAmt |
| Program Services | $3,068,069 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,691 | TotalAmt |
| Program Services | $460,691 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,143,443 | TotalAmt |
| Program Services | $990,113 | ProgramServicesAmt |
| Management And General | $959,365 | ManagementAndGeneralAmt |
| Fundraising | $193,965 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $521,407 | TotalAmt |
| Program Services | $195,705 | ProgramServicesAmt |
| Management And General | $261,662 | ManagementAndGeneralAmt |
| Fundraising | $64,040 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,309 | TotalAmt |
| Program Services | $4,941 | ProgramServicesAmt |
| Management And General | $11,316 | ManagementAndGeneralAmt |
| Fundraising | $52 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,381 | TotalAmt |
| Management And General | $81,381 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,124 | TotalAmt |
| Program Services | $331,124 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,125,600 | TotalAmt |
| Program Services | $762,252 | ProgramServicesAmt |
| Management And General | $339,288 | ManagementAndGeneralAmt |
| Fundraising | $24,060 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,221 | TotalAmt |
| Program Services | $23,360 | ProgramServicesAmt |
| Management And General | $45,344 | ManagementAndGeneralAmt |
| Fundraising | $1,517 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,226 | TotalAmt |
| Program Services | $40,277 | ProgramServicesAmt |
| Management And General | $153,862 | ManagementAndGeneralAmt |
| Fundraising | $19,087 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,451 | TotalAmt |
| Program Services | $45,390 | ProgramServicesAmt |
| Management And General | $61,550 | ManagementAndGeneralAmt |
| Fundraising | $13,511 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,850 | TotalAmt |
| Program Services | $15,600 | ProgramServicesAmt |
| Management And General | $24,250 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,764 | TotalAmt |
| Program Services | $63,168 | ProgramServicesAmt |
| Management And General | $42,644 | ManagementAndGeneralAmt |
| Fundraising | $28,952 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,244 | TotalAmt |
| Program Services | $29,293 | ProgramServicesAmt |
| Management And General | $4,951 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,151 | TotalAmt |
| Program Services | $66,000 | ProgramServicesAmt |
| Management And General | $94,151 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,116 | TotalAmt |
| Program Services | $3,900 | ProgramServicesAmt |
| Management And General | $29,216 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MAINTENANCE & REPAIR | $95,498 | $55,245 | $40,253 | |
| MISCELLANEOUS | $96,932 | $38,803 | $46,582 | $11,547 |
| EDUCATION | $22,513 | $10,796 | $9,413 | $2,304 |
| LOAN LOSS PROVISION | $12,884 | $12,884 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,972 | TotalAmt |
| Management And General | $9,001 | ManagementAndGeneralAmt |
| Fundraising | $971 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,791,846 | TotalAmt |
| Program Services | $6,217,611 | ProgramServicesAmt |
| Management And General | $2,214,229 | ManagementAndGeneralAmt |
| Fundraising | $360,006 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150 | BOYAmt |
| EOY | $150 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,473,063 | BOYAmt |
| EOY | $1,375,874 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,284,981 | BOYAmt |
| EOY | $843,784 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,260,300 | BOYAmt |
| EOY | $3,346,021 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,803 | BOYAmt |
| EOY | $96,012 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,282,001 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,007,083 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,373,034 | BOYAmt |
| EOY | $2,274,918 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,220,482 | BOYAmt |
| EOY | $81,540,163 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,243,321 | BOYAmt |
| EOY | $5,810,724 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $763,861 | BOYAmt |
| EOY | $1,530,333 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,824,995 | BOYAmt |
| EOY | $96,817,979 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,640 | BOYAmt |
| EOY | $359,611 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $235,000 | BOYAmt |
| EOY | $75,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,006,290 | BOYAmt |
| EOY | $1,107,081 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,342,640 | BOYAmt |
| EOY | $2,245,933 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,641,844 | BOYAmt |
| EOY | $2,701,322 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,562,414 | BOYAmt |
| EOY | $6,488,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,958,589 | BOYAmt |
| EOY | $2,999,356 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,303,992 | BOYAmt |
| EOY | $87,329,676 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,262,581 | BOYAmt |
| EOY | $90,329,032 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,824,995 | BOYAmt |
| EOY | $96,817,979 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$981,211 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,047,662 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,669,133 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,396,319 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,351,204 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,687,438 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,142,623 | CurrentTaxYearAmt |
| Total | $34,246,717 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,669,133 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,396,319 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,351,204 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,687,438 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,142,623 | CurrentTaxYearAmt |
| Total | $34,246,717 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,404,123 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,842,594 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,448,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,404,671 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,486,807 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,031,975 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $924,915 | CurrentTaxYearAmt |
| Total | $17,297,136 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,543,853 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,789,550 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.55960 | PublicSupportCY170Pct |
| Public Support PY170 | 0.50280 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 28 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $25,727 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $347,871 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $9,337,524 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $72,711,676 | BeginningYearBalanceAmt |
| Contributions | $629,842 | ContributionsAmt |
| Investment Earnings Or Losses | $8,031,541 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,707,000 | OtherExpendituresAmt |
| Administrative Expenses | $2,038,903 | AdministrativeExpensesAmt |
| End Year Balance | $77,627,156 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $77,931,466 | BeginningYearBalanceAmt |
| Contributions | $3,596,916 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,890,759 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,561,000 | OtherExpendituresAmt |
| Administrative Expenses | $364,947 | AdministrativeExpensesAmt |
| End Year Balance | $72,711,676 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $65,347,061 | BeginningYearBalanceAmt |
| Contributions | $804,582 | ContributionsAmt |
| Investment Earnings Or Losses | $14,855,292 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,630,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,445,469 | AdministrativeExpensesAmt |
| End Year Balance | $77,931,466 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,453,631 | BeginningYearBalanceAmt |
| Contributions | $999,731 | ContributionsAmt |
| Investment Earnings Or Losses | $4,078,913 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,531,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,654,214 | AdministrativeExpensesAmt |
| End Year Balance | $65,347,061 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,075,032 | BeginningYearBalanceAmt |
| Contributions | $1,120,381 | ContributionsAmt |
| Investment Earnings Or Losses | $6,155,254 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,414,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,483,036 | AdministrativeExpensesAmt |
| End Year Balance | $63,453,631 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.64980 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.35020 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $138,000 | OtherCostOrOtherBasisAmt |
| Book Value | $138,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,827,305 | OtherCostOrOtherBasisAmt |
| Depreciation | $742,064 | DepreciationAmt |
| Book Value | $2,085,241 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $316,696 | OtherCostOrOtherBasisAmt |
| Depreciation | $265,019 | DepreciationAmt |
| Book Value | $51,677 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,274,918 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EQUITY INVESTMENTS | Desc |
| Book Value | $5,810,724 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,810,724 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY PAYABLE | $165,580 |
| AGENCY ENDOWMENT LIABILITY | $2,535,742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,701,322 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $14,861,007 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,047,662 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $2,710 | OtherRevenueAmt |
| Revenue Not Reported | $7,050,372 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,810,635 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $7,810,635 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,830,526 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $38,680 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $38,680 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,791,846 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $8,791,846 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Endowment funds intended uses (Part V, line 4) | ENDOWMENT FUNDS ARE HELD AND ADMINISTERED FOR THE PURPOSE OF CONTINUING THE ADMINISTRATION AND PROGRAM ACTIVITIES OF THE NORTHWEST MINNESOTA FOUNDATION. |
| Other revenues not included on Form 990 (Part XI, line 2d) | NMCIC REVENUE |
| Other expenses not included on Form 990 (Part XII, line 2d) | NMCIC EXPENSES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (88 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| SPECIAL OLYMPICS MINNESOTA INC | |||||||
| 900 2ND AVE S STE 300 | MINNEAPOLIS | MN | 55402 | 411228157 | 501C3 | $30,000 | BEMIDJI UNIFIED CHAMPION SCHOOLS PROGRAM |
| MEWINZHA ONDAADIZIIKE WIIGAMING | |||||||
| 802 PAUL BUNYAN DR S STE 12 | BEMIDJI | MN | 56601 | 462523191 | 501C3 | $5,000 | MEWINZHA ONDAADIZIIKE WIIGAMING |
| 4-DIRECTIONS DEVELOPMENT INC | |||||||
| PO BOX 587 | REDLAKE | MN | 56671 | 811754928 | 501C3 | $20,000 | 4-DIRECTIONS DEVELOPMENT INC |
| AGASSIZ AUDUBON SOCIETY | |||||||
| PO BOX 152 | WARREN | MN | 56762 | 411434405 | 501C3 | $47,000 | AGASSIZ AUDUBON SOCIETY |
| ALL NATIONS RISE | |||||||
| PO BOX 148 | BAGLEY | MN | 56621 | 872611816 | 501C3 | $20,000 | ALL NATIONS RISE |
| ALTRU HEALTH SYSTEM | |||||||
| PO BOX 6002 | GRAND FORKS | ND | 58206 | 450310462 | 501C3 | $12,000 | ALTRU HEALTH SYSTEM |
| ANN HAVERKAMP | |||||||
| 37501 US HWY 59 | WAUBUN | MN | 56589 | 272924479 | $7,287 | ANN HAVERKAMP | |
| ARGYLE HOMES INC | |||||||
| PO BOX 288 | ARGYLE | MN | 56713 | 237424340 | $15,000 | ARGYLE HOMES INC | |
| ARMORY ARTS & EVENTS CENTER | |||||||
| PO BOX 163 | PARK RAPIDS | MN | 56470 | 452181580 | 501C3 | $10,000 | ARMORY ARTS & EVENTS CENTER |
| BAGLEY BAKERY | |||||||
| PO BOX 61 | BAGLEY | MN | 56621 | 411726472 | $10,000 | BAGLEY BAKERY | |
| BEMIDJI AREA SCHOOL DISTRICT #31 | |||||||
| 502 MINNESOTA AVE NW | BEMIDJI | MN | 56601 | 416000181 | GOV | $48,909 | BEMIDJI AREA SCHOOL DISTRICT #31 |
| BEMIDJI COMMUNITY FOOD SHELF | |||||||
| PO BOX 3118 | BEMIDJI | MN | 56601 | 411494430 | 501C3 | $40,000 | BEMIDJI COMMUNITY FOOD SHELF |
| BEMIDJI COMMUNITY THEATER | |||||||
| 316 BELTRAMI AVENUE NW | BEMIDJI | MN | 56601 | 300524956 | 501C3 | $16,141 | BEMIDJI COMMUNITY THEATER |
| BIG SAND LAKE ASSOCIATION | |||||||
| PO BOX 181 | PARK RAPIDS | MN | 56470 | 411618390 | 501C3 | $15,200 | BIG SAND LAKE ASSOCIATION |
| BJERK ENTERPRISES INC | |||||||
| PO BOX 337 | ROSEAU | MN | 56751 | 411966882 | $10,000 | GENES BAR & GRILL | |
| BOYS & GIRLS CLUB OF RED LAKE | |||||||
| PO BOX 1124 | REDLAKE | MN | 56671 | 411935631 | 501C3 | $500,000 | BOYS & GIRLS CLUB OF RED LAKE |
| 317 ENTERPRISES INC | |||||||
| 317 BELTRAMI AVE NW | BEMIDJI | MN | 56601 | 821222685 | $15,000 | BRIGIDS PUB | |
| CATHEDRAL OF IMMACULATE CONCEPTION | |||||||
| 702 SUMMIT AVE | CROOKSTON | MN | 56716 | 410713499 | 501C3 | $30,000 | CATHEDRAL OF IMMACULATE CONCEPTION |
| UNIVERSITY OF MINNESOTA FOUNDATION | |||||||
| 200 OAK ST SE STE 500 | MINNEAPOLIS | MN | 55455 | 416042488 | 501C3 | $10,000 | CENTER FOR RURAL EDUCATION IN SCIENCE AN |
| CHERYL THOMAS | |||||||
| PO BOX 1146 | REDLAKE | MN | 56671 | 476848642 | $27,770 | CHERYL THOMAS | |
| CITY OF MAHNOMEN | |||||||
| PO BOX 250 | MAHNOMEN | MN | 56557 | 416005340 | GOV | $10,812 | CITY OF MAHNOMEN |
| CITY OF THIEF RIVER FALLS | |||||||
| PO BOX 528 | THIEF RIVER FALLS | MN | 56701 | 416005572 | GOV | $12,500 | CITY OF THIEF RIVER FALLS |
| CLEAR WATERS LIFE CENTER | |||||||
| 256 2ND AVE SW | CLEARBROOK | MN | 56634 | 770643868 | 501C3 | $10,000 | CLEAR WATERS LIFE CENTER |
| CLEARWATER HOSPICE | |||||||
| 212 MAIN AVE N | BAGLEY | MN | 56621 | 416005779 | GOV | $15,478 | CLEARWATER HOSPICE |
| CONCORDIA COLLEGE | |||||||
| 901 8TH ST S | MOORHEAD | MN | 56562 | 410693977 | 501C3 | $5,500 | COLE SPENST |
| DAV OF RED LAKE FALLS | |||||||
| 2585 STATE HWY 32 S | RED LAKE FALLS | MN | 56750 | 411721688 | 501C3 | $20,000 | DAV OF RED LAKE FALLS |
| DIVE DEPOT | |||||||
| 1615 FERN ST NW | BEMIDJI | MN | 56601 | 412019952 | $10,000 | DIVE DEPOT | |
| ERICKSONS SMOKEHOUSE CATERING LLC | |||||||
| 608 S MILL ST | FERTILE | MN | 56540 | 454185674 | $10,000 | ERICKSONS SMOKEHOUSE CATERING LLC | |
| EVERGREEN YOUTH & FAMILY SERVICES | |||||||
| 610 PATRIOT DRIVE | BEMIDJI | MN | 56601 | 411297737 | 501C3 | $45,000 | EVERGREEN YOUTH & FAMILY SERVICES |
| FACE IT TOGETHER BEMIDJI | |||||||
| 408 BELTRAMI AVE NW STE 100 | BEMIDJI | MN | 56601 | 474172828 | 501C3 | $15,000 | FACE IT TOGETHER BEMIDJI |
| FADUMO AHMED | |||||||
| 1622 CENTRAL AVE NW | EAST GRAND FORKS | MN | 56721 | 485357732 | $10,000 | FADUMO AHMED | |
| FAIR MEADOW NURSING HOME | |||||||
| 300 GARFIELD AVE SE | FERTILE | MN | 56540 | 454845810 | $7,500 | FAIR MEADOW NURSING HOME | |
| FAR NORTH SPIRITS INC | |||||||
| 2045 220TH AVE | HALLOCK | MN | 56728 | 461139807 | $15,000 | FAR NORTH SPIRITS INC | |
| FIRST PRESBYTERIAN CHURCH | |||||||
| 501 MINNESOTA AVE NW | BEMIDJI | MN | 56601 | 411260414 | 501C3 | $7,000 | FIRST PRESBYTERIAN CHURCH |
| GARY BRULE | |||||||
| PO BOX 317 | CROOKSTON | MN | 56716 | 501760938 | $10,000 | GARY BRULE | |
| HEADWATERS ANIMAL SHELTER | |||||||
| PO BOX 573 | PARK RAPIDS | MN | 56470 | 311610621 | 501C3 | $13,000 | HEADWATERS ANIMAL SHELTER |
| HEADWATERS REGIONAL DEVELOPMENT COM | |||||||
| PO BOX 906 | BEMIDJI | MN | 56619 | 410983661 | 501C3 | $35,000 | HEADWATERS REGIONAL DEVELOPMENT COMMISSI |
| HUBBARD COUNTY | |||||||
| 301 COURT AVE | PARK RAPIDS | MN | 56470 | 416005805 | GOV | $8,645 | HUBBARD COUNTY |
| HUBBARD COUNTY HISTORICAL SOCIETY | |||||||
| PO BOX 327 | PARK RAPIDS | MN | 56470 | 411451998 | 501C3 | $5,398 | HUBBARD COUNTY HISTORICAL SOCIETY |
| VICKI THOMPSON | |||||||
| 311 KNEALE AVE N | THIEF RIVER FALLS | MN | 56701 | 474948299 | $10,000 | IMAGINE | |
| INITIATIVE FOUNDATION | |||||||
| 405 1ST ST SE | LITTLE FALLS | MN | 56345 | 363451562 | 501C3 | $20,000 | INITIATIVE FOUNDATION |
| INTER-COUNTY COMMUNITY COUNCIL INC | |||||||
| PO BOX 189 | OKLEE | MN | 56742 | 410888083 | 501C3 | $300,000 | INTER-COUNTY COMMUNITY COUNCIL INC |
| JENNIFER KINGBIRD | |||||||
| PO BOX 773 | REDBY | MN | 56670 | 473177864 | $12,935 | JENNIFER KINGBIRD | |
| KICKN UP KOUNTRY INC | |||||||
| 249 S STATE AVE | LAKE BRONSON | MN | 56734 | 200675560 | $10,000 | KICKN UP KOUNTRY INC | |
| LAKE OF THE WOODS HUMANE SOCIETY | |||||||
| PO BOX 1103 | BAUDETTE | MN | 56623 | 411941034 | $25,000 | LAKE OF THE WOODS HUMANE SOCIETY | |
| LAKE OF THE WOODS SCHOOL | |||||||
| PO BOX 310 | BAUDETTE | MN | 56623 | 410956348 | GOV | $10,000 | |
| LAUGHING EARTH GARDEN & GIFT | |||||||
| 703 E THORPE AVE | ADA | MN | 56510 | 833896516 | $10,000 | LAUGHING EARTH GARDEN & GIFT | |
| LIFECARE MEDICAL CENTER | |||||||
| 715 DELMORE DR | ROSEAU | MN | 56751 | 411804205 | 501C3 | $51,386 | LIFECARE MEDICAL CENTER |
| DAVID J VON HOLTUM | |||||||
| 208 N LABREE AVE | THIEF RIVER FALLS | MN | 56701 | 468040674 | $10,000 | LOLAS HEARING AID CENTER | |
| CONNIE E STARKEY THOMFORDE | |||||||
| 118 S MAIN ST | MAHNOMEN | MN | 56557 | 470825337 | $10,000 | MAGIC MIRROR | |
| MILL STREET CAF LLC | |||||||
| 217 N MILL ST | FERTILE | MN | 56540 | 825058919 | $10,000 | MILL STREET CAF LLC | |
| MINNESOTA HOUSING PARTNERSHIP | |||||||
| 2446 UNIVERSITY AVE W STE 140 | SAINT PAUL | MN | 55114 | 411649643 | 501C3 | $15,000 | MINNESOTA HOUSING PARTNERSHIP |
| NAMELESS COALITION FOR THE HOMELESS | |||||||
| PO BOX 353 | BEMIDJI | MN | 56601 | 472472053 | 501C3 | $20,000 | NAMELESS COALITION FOR THE HOMELESS |
| NATURE CONSERVANCY MINNESOTA | |||||||
| 1101 W RIVER PKWY STE 200 | MINNEAPOLIS | MN | 55415 | 530242652 | 501C3 | $20,000 | NATURE CONSERVANCY MINNESOTA |
| NEVIS ISD #308 | |||||||
| PO BOX 138 | NEVIS | MN | 56467 | 416008266 | GOV | $10,000 | NEVIS ISD #308 |
| CHELSEY L HOUGARD | |||||||
| PO BOX 317 | KARLSTAD | MN | 56732 | 476172254 | $10,000 | NO LOOSE ENDS | |
| KAEREN ACCOMMODATIONS INC | |||||||
| 902 3RD ST NW | ROSEAU | MN | 56751 | 450421125 | $15,000 | NORTH COUNTRY INN | |
| NORTHLAND COMMUNITY AND TECHNICAL C | |||||||
| 1101 HWY 1 E | THIEF RIVER FALLS | MN | 56701 | 411687554 | GOV | $10,000 | NORTHLAND COMMUNITY AND TECHNICAL COLLEG |
| NORTHWEST INDIAN COMMUNITY DEVELOPM | |||||||
| 1819 BEMIDJI AVE N | BEMIDJI | MN | 56601 | 363505641 | 501C3 | $75,000 | NORTHWEST INDIAN COMMUNITY DEVELOPMENT C |
| NORTHWEST REGIONAL DEVELOPMENT COMM | |||||||
| 109 S MINNESOTA ST | WARREN | MN | 56762 | 411231594 | 501C3 | $50,000 | NORTHWEST REGIONAL DEVELOPMENT COMMISSIO |
| NORTHWEST TECHNICAL COLLEGE OF BEMI | |||||||
| 905 GRANT AVE SE | BEMIDJI | MN | 56601 | 411687554 | GOV | $110,000 | NORTHWEST TECHNICAL COLLEGE OF BEMI |
| NORTHWOODS HABITAT FOR HUMANITY | |||||||
| PO BOX 1067 | BEMIDJI | MN | 56619 | 411657201 | 501C3 | $10,000 | NORTHWOODS HABITAT FOR HUMANITY |
| PARK RAPIDS ISD #309 | |||||||
| 301 HUNTSINGER AVE | PARK RAPIDS | MN | 56470 | 416001518 | GOV | $21,615 | PARK RAPIDS ISD |
| PROJECT ZAWADI | |||||||
| 253 DUKE ST | SAINT PAUL | MN | 55102 | 061629249 | 501C3 | $10,000 | PROJECT ZAWADI |
| REBECCA J BERG | |||||||
| PO BOX 175 | WARROAD | MN | 56763 | 503769015 | $10,000 | REBECCA J BERG | |
| RED LAKE BAND OF CHIPPEWA INDIANS | |||||||
| 15484 MIGIZI DR | REDLAKE | MN | 56671 | 410692381 | GOV | $40,000 | RED LAKE BAND OF CHIPPEWA INDIANS |
| SANFORD HEALTH FOUNDATION OF NORTHE | |||||||
| 4111 TECHNOLOGY DR NW STE 201 | BEMIDJI | MN | 56601 | 411389317 | 501C3 | $8,481 | SANFORD HEALTH FOUNDATION OF NORTHE |
| SAP SAP KITCHEN INC | |||||||
| 502 GARFIELD ST SW | WARROAD | MN | 56763 | 833969554 | $10,000 | SAP SAP KITCHEN INC | |
| SHAWNA SWENSON | |||||||
| 25058 370TH ST | SHEVLIN | MN | 56676 | 812721250 | $7,601 | KIDS FIRST DAYCARE | |
| SHAWN HALVORSON | |||||||
| 204 STRAND ST | GARY | MN | 56545 | 477787184 | $10,000 | SHAWNS PIX & MIX | |
| UNIVERSITY OF MINNESOTA -TWIN CITIE | |||||||
| 106 PLEASANT ST SE 200 FRASER HALL | MINNEAPOLIS | MN | 55455 | 416007513 | GOV | $5,500 | SRANYA VONGSALY |
| STEPHEN-ARGYLE CENTRAL SCHOOL | |||||||
| PO BOX 68 | STEPHEN | MN | 56757 | 411843125 | GOV | $9,500 | STEPHEN-ARGYLE CENTRAL SCHOOL |
| THE CLUBHOUSE CHILDCARE CENTER LLC | |||||||
| 205 4TH ST NE | MCINTOSH | MN | 56556 | 823807804 | $10,000 | THE CLUBHOUSE CHILDCARE CENTER LLC | |
| THIEF RIVER FALLS PUBLIC SCHOOLS IS | |||||||
| 230 LABREE AVE S | THIEF RIVER FALLS | MN | 56701 | 416003126 | GOV | $11,926 | THIEF RIVER FALLS PUBLIC SCHOOLS IS |
| TIFFENIE LARSON | |||||||
| 405 GROVE AVE | HALLOCK | MN | 56728 | 571734560 | $10,000 | TIFFENIE LARSON | |
| CHERI A LOSSE | |||||||
| 110 MAIN AVE N | ROSEAU | MN | 56751 | 483924736 | $10,000 | TRANSFERS UNLIMITED | |
| TRUE FRIENDS | |||||||
| 10509 108TH STREET NW | ANNANDALE | MN | 55302 | 411543013 | 501C3 | $10,000 | TRUE FRIENDS |
| UNITED WAY OF BEMIDJI AREA | |||||||
| PO BOX 27 | BEMIDJI | MN | 56619 | 411567744 | 501C3 | $120,200 | UNITED WAY OF BEMIDJI AREA |
| WARREN SENIOR CITIZENS CENTER | |||||||
| 110 W JOHNSON AVE | WARREN | MN | 56762 | 411392863 | 501C3 | $11,000 | WARREN SENIOR CITIZENS CENTER |
| WARROAD COMMUNITY DEVELOPMENT | |||||||
| PO BOX 265 | WARROAD | MN | 56763 | 862470961 | 501C3 | $30,000 | WARROAD COMMUNITY DEVELOPMENT |
| WARROAD COMMUNITY PARTNERS | |||||||
| PO BOX 265 | WARROAD | MN | 56763 | 472039677 | 501C3 | $15,000 | WARROAD COMMUNITY PARTNERS |
| GUSTAV LEONARD BOOTH | |||||||
| 804 STEENERSON ST NE | WARROAD | MN | 56763 | 477782719 | $10,000 | WARROAD FIT | |
| WARROAD ISD #690 | |||||||
| 510 CEDAR AVE NW | WARROAD | MN | 56763 | 416003720 | GOV | $87,673 | WARROAD ISD #690 |
| WARROAD MANUFACTURING INC | |||||||
| 60002 STATE HIGHWAY 11 | WARROAD | MN | 56763 | 810919976 | $10,000 | WARROAD MANUFACTURING INC | |
| WARROAD SENIOR LIVING CENTER | |||||||
| 1401 LAKE ST NW | WARROAD | MN | 56763 | 411351830 | 501C3 | $34,500 | WARROAD SENIOR LIVING CENTERWARROAD SENI |
| WARROAD SENIOR LIVING CENTER | |||||||
| 1401 LAKE ST NW | WARROAD | MN | 56763 | 411694266 | GOV | $50,365 | WARROAD SENIOR LIVING CENTER |
| WIN-E-MAC SCHOOL DIST #2609 | |||||||
| 23130 345TH ST SE | ERSKINE | MN | 56535 | 411694266 | GOV | $25,658 | WIN-E-MAC SCHOOL DIST #2609 |
| ZION LUTHERAN CHURCH | |||||||
| PO BOX 61 | WARROAD | MN | 56763 | 411473281 | 501C3 | $8,000 | ZION LUTHERAN CHURCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 57 | Total501c3OrgCnt |
| Total Other Org | 31 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| BUSINESS TECHNICAL ASSISTANCE | 275 | $26,496 |
| SCHOLARSHIP | 248 | $434,200 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring procedures (Part I, line 2) | FormAndLineReferenceDesc |
| Explanation | AFTER A GENERAL GRANT IS AWARDED, AN AWARD LETTER IS SENT WHICH IS SIGNED BY THE GRANTEE. THIS LETTER IS SUBJECT TO THE GRANTEE ACCEPTING THE TERMS OF THE AWARD LETTER, INCLUDING WHEN PAYMENTS WILL BE SENT AND WHEN REPORTS WILL BE DUE. NORMALLY, THE FIRST PAYMENT IS SENT AFTER THE GRANTEE SIGNS THIS AGREEMENT. SUBSEQUENT PAYMENTS ARE SENT AFTER SATISFACTORY REPORTS FROM THE GRANTEE ARE RECEIVED. WITH COMPONENT FUNDS, PAYMENT IS SENT AFTER REQUIRED MATERIALS ARE RECEIVED FROM THE ADVISORY COMMITTEE. SCHOLARSHIP PAYMENTS ARE SENT DIRECTLY TO THE POST-SECONDARY SCHOOLS AFTER REQUIRED INFORMATION IS RECEIVED FROM THE STUDENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN WHITE | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $183,032 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $9,196 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $192,228 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 governing body review Part VI line 11 | THE 990 WILL BE PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE IT IS FILED. |
| Conflict of interest policy compliance Part VI line 12c | THE BOARD OF DIRECTORS MUST YEARLY SIGN THE CONFLICT OF INTEREST POLICY, WHICH IS WRITTEN TO EMPHASIZE FAIRNESS, CONSISTENCY AND INTEGRITY IN ALL OF ITS DECISION MAKING. THE INTENT OF THE POLICY IS TO ENSURE THAT THERE WILL BE NO BASIS FOR LEGAL ACTION OR ACCUSATIONS OF SELF-DEALING. THE BOARD WILL EXCLUDE ANY MEMBER FROM ALL DELIBERATIONS AND DECISIONS CONCERNING ACTIONS ON ANY PROJECT, SERVICE, OR OTHER MATTER PROPOSED FOR FUNDING IN WHICH SUCH MEMBER MAY HAVE A DIRECT OR INDIRECT FIDUCIARY INTEREST. ANY MEMBER OF THE BOARD MAY QUESTION ANOTHER BOARD MEMBER AS TO CONFLICT OF INTEREST, AND THE BOARD OF DIRECTORS AS A WHOLE WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. |
| CEO executive director top management comp Part VI line 15a | THE PRESIDENT IS SUBJECT TO ANNUAL REVIEW BY THE BOARD, WHO THEN DETERMINES THE SALARY. |
| Other officer or key employee compensation Part VI line 15b | KEY EMPLOYEE COMPENSATION IS REVIEWED BY SUPERVISORS AND THE PRESIDENT. THE DETERMINATION IS ALSO BASED ON EXTERNAL COMPENSATION DATA. |
| Governing documents etc available to public Part VI line 19 | THE ORGANIZATIONS 990 AND ANNUAL REPORT (INCLUDING FINANCIAL STATEMENTS) ARE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. THE ORGANIZATIONS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC. |
| List of other fees for services expenses Part IX line 11g | CONSULTING $1,040,394MARKETING AND PROMOTION $6,133BACKGROUND CHECKS $1,259EVALUATION SERVICES $11,864IT SERVICES $35,947RECORDING FEE $1,804RECRUITING $3,537TRAINING $6,664STIPENDS $17,998 |
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