SOUTHERN MINNESOTA INITIATIVE FOUNDATION: Form 990, tax year 2019
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- Organization
- SOUTHERN MINNESOTA INITIATIVE FOUNDATION (EIN 36-3454285)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-02-09
- IRS object ID
- 202110409349300221
- Schema version
- 2019v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-09T10:28:57-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL WEST TOWER STE | AddressLine1Txt |
| Address Line2 | 1100 | AddressLine2Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022526 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363454285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN MINNESOTA INITIATIVE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 5074553215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 FLORENCE AVE | AddressLine1Txt |
| City | OWATONNA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55060 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRIAN CONZEMIUS | PersonNm |
| Person Title | VICE PRESIDENT/CFO | PersonTitleTxt |
| Phone | 5074553215 | PhoneNum |
| Signature | 2021-01-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KACIE MCEWEN | PreparerPersonNm |
| PTIN | P01599614 | PTIN |
| Phone | 6123324300 | PhoneNum |
| Preparation | 2021-01-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIMOTHY PENNY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 FLORENCE AVE | AddressLine1Txt |
| City | OWATONNA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,471,347 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SMIFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | INVESTS FOR ECONOMIC GROWTH IN THE 20 COUNTIES OF SOUTH CENTRAL AND SOUTHEASTERN MINNESOTA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 39 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,637,021 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,019,110 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $243,813 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $217,150 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,542,349 | PYInvestmentIncomeAmt |
| CY Investment Income | -$294,994 | CYInvestmentIncomeAmt |
| PY Other Revenue | $27,650 | PYOtherRevenueAmt |
| CY Other Revenue | $6,316 | CYOtherRevenueAmt |
| PY Total Revenue | $9,450,833 | PYTotalRevenueAmt |
| CY Total Revenue | $2,947,582 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,095,307 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,115,508 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,910,464 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,918,511 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $191,874 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,277,316 | PYOtherExpensesAmt |
| CY Other Expenses | $1,124,254 | CYOtherExpensesAmt |
| PY Total Expenses | $5,283,087 | PYTotalExpensesAmt |
| CY Total Expenses | $5,158,273 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,167,746 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,210,691 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $56,553,709 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,294,730 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,485,642 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,031,699 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $50,068,067 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $50,263,031 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SOUTHERN MINNESOTA INITIATIVE FOUNDATION IS A REGIONAL DEVELOPMENT AND PHILANTHROPIC ORGANIZATION THAT FOSTERS ECONOMIC AND COMMUNITY VITALITY IN 20 COUNTIES OF SOUTHERN MINNESOTA THROUGH A CULTURE OF COLLABORATION AND PARTNERSHIP, WITH A FOCUS ON ENTREPRENEURS AND EARLY CHILDHOOD DEVELOPMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,334,728 | ExpenseAmt |
| Grant | $263,774 | GrantAmt |
| Revenue | $46,142 | RevenueAmt |
| Desc | SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, LOANS AND TECHNICAL ASSISTANCE TO BUSINESSES, LOCAL GOVERNMENTS AND NONPROFIT ORGANIZATIONS THAT ACCELERATE THE CREATION OF NEW BUSINESSES AND INNOVATIVE VENTURES THAT WILL SHAPE OUR ECONOMY THROUGH PARTNERSHIPS IN OUR REGION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,788,166 | ExpenseAmt |
| Grant | $918,593 | GrantAmt |
| Revenue | $22,310 | RevenueAmt |
| Desc | SOUTHERN MINNESOTA INITIATIVE FOUNDATION PROVIDES GRANTS, EDUCATIONAL RESOURCES AND TECHNICAL ASSISTANCE TO LOCAL GOVERNMENTS, COMMUNITY PARTNERSHIPS AND NONPROFIT ORGANIZATIONS IN EARLY CHILDHOOD EDUCATION. THE EARLY CHILDHOOD PROGRAM PROVIDES RESOURCES THAT STRENGTHEN EARLY CHILDHOOD EFFORTS SO THAT YOUNG CHILDREN WILL HAVE A HEALTHY LIFE OF LEARNING, ACHIEVING AND SUCCEEDING. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $358,268 | ExpenseAmt |
| Grant | $87,720 | GrantAmt |
| Revenue | $9,905 | RevenueAmt |
| Desc | SOUTHERN MINNESOTA INITIATIVE FOUNDATION ADMINISTERS THE AMERICORPS-SOUTHERN MINNESOTA GRANT FOCUSING ON EARLY CHILDHOOD. SUPPORTED AMERICORPS MEMBERS SERVE IN NON-PROFITS AND SCHOOLS THROUGHOUT THE 20 COUNTY AREA WORKING WITH PRESCHOOL CHILDREN ON EARLY LITERACY, SOCIAL-EMOTIONAL, AND SCHOOL READINESS SUPPORT | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $845,421 | ExpenseAmt |
| Grant | $845,421 | GrantAmt |
| Revenue | $138,793 | RevenueAmt |
| Desc | COMMUNITY FOUNDATIONS AND AFFILIATE FUNDS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $845,421 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $845,421 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $138,793 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $4,326,583 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 39 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRIAN CONZEMIUS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5074553215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 FLORENCE AVE | AddressLine1Txt |
| City | OWATONNA | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55060 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| TIMOTHY PENNY | |||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | $155,079 | $0 | $34,558 | ||
| BRIAN CONZEMIUS | |||||||
| VICE PRESIDENT/CFO | 40.00 | Yes (X) | $126,946 | $0 | $13,133 | ||
| PAMELA BISHOP | |||||||
| VP OF ECONOMIC DEVELOPMENT | 40.00 | $104,026 | $0 | $26,494 | Yes (X) | ||
| COREY MENSINK | |||||||
| CHAIR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JOHN PETERSON | |||||||
| VICE CHAIR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CYNTHIA SCHEID | |||||||
| TREASURER | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| LISA HUGHES | |||||||
| SECRETARY | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CASSIE HARRINGTON | |||||||
| MEMBER AT LARGE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ADENUGA ATEWOLOGUN | |||||||
| MEMBER AT LARGE | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| JAKE ANDERSON | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CARISSA BUEGLER | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| XAVIER FRIGOLA | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| SUSAN HARRIS | |||||||
| DIRECTOR` | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| ERIN MEIER | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| CHRIS SCHAD | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| SHAWN VOGT SWEEN | |||||||
| DIRECTOR | 2.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $386,051 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $74,185 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $13,350 | FundraisingAmt |
| Government Grants | $600,620 | GovernmentGrantsAmt |
| All Other Contributions | $2,405,140 | AllOtherContributionsAmt |
| Noncash Contributions | $571,048 | NoncashContributionsAmt |
| Total Contributions | $3,019,110 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST | 900099 | $142,747 | $142,747 |
| OTHER INCOME | 900099 | $74,403 | $74,403 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $217,150 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,093,380 | TotalRevenueColumnAmt |
| Exclusion | $1,093,380 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,115,286 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,503,660 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,388,374 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,388,374 | TotalRevenueColumnAmt |
| Exclusion | -$1,388,374 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $26,421 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $13,350 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $20,105 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,316 | TotalRevenueColumnAmt |
| Exclusion | $6,316 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,947,582 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $217,150 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$288,678 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,007,283 | TotalAmt |
| Program Services | $2,007,283 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,225 | TotalAmt |
| Program Services | $108,225 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $337,296 | TotalAmt |
| Program Services | $251,089 | ProgramServicesAmt |
| Management And General | $60,555 | ManagementAndGeneralAmt |
| Fundraising | $25,652 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,276,433 | TotalAmt |
| Program Services | $990,480 | ProgramServicesAmt |
| Management And General | $186,089 | ManagementAndGeneralAmt |
| Fundraising | $99,864 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,095 | TotalAmt |
| Program Services | $35,058 | ProgramServicesAmt |
| Management And General | $8,455 | ManagementAndGeneralAmt |
| Fundraising | $3,582 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,999 | TotalAmt |
| Program Services | $112,406 | ProgramServicesAmt |
| Management And General | $27,109 | ManagementAndGeneralAmt |
| Fundraising | $11,484 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,688 | TotalAmt |
| Program Services | $65,742 | ProgramServicesAmt |
| Management And General | $31,732 | ManagementAndGeneralAmt |
| Fundraising | $9,214 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,077 | TotalAmt |
| Program Services | $5,573 | ProgramServicesAmt |
| Management And General | $504 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,898 | TotalAmt |
| Program Services | $4,526 | ProgramServicesAmt |
| Management And General | $29,372 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $227,942 | TotalAmt |
| Management And General | $227,942 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,864 | TotalAmt |
| Program Services | $246,320 | ProgramServicesAmt |
| Management And General | $25,980 | ManagementAndGeneralAmt |
| Fundraising | $4,564 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,599 | TotalAmt |
| Program Services | $21,795 | ProgramServicesAmt |
| Management And General | $831 | ManagementAndGeneralAmt |
| Fundraising | $8,973 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,110 | TotalAmt |
| Program Services | $105,756 | ProgramServicesAmt |
| Management And General | $8,127 | ManagementAndGeneralAmt |
| Fundraising | $11,227 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,739 | TotalAmt |
| Program Services | $34,401 | ProgramServicesAmt |
| Management And General | $5,079 | ManagementAndGeneralAmt |
| Fundraising | $2,259 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,872 | TotalAmt |
| Program Services | $4,345 | ProgramServicesAmt |
| Management And General | $893 | ManagementAndGeneralAmt |
| Fundraising | $634 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,789 | TotalAmt |
| Program Services | $29,532 | ProgramServicesAmt |
| Management And General | $9,619 | ManagementAndGeneralAmt |
| Fundraising | $4,638 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,772 | TotalAmt |
| Program Services | $23,654 | ProgramServicesAmt |
| Management And General | $463 | ManagementAndGeneralAmt |
| Fundraising | $2,655 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,199 | TotalAmt |
| Program Services | $7,199 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,390 | TotalAmt |
| Program Services | $22,487 | ProgramServicesAmt |
| Management And General | $4,622 | ManagementAndGeneralAmt |
| Fundraising | $3,281 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,960 | TotalAmt |
| Program Services | $20,322 | ProgramServicesAmt |
| Management And General | $1,556 | ManagementAndGeneralAmt |
| Fundraising | $2,082 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBTS | $108,590 | $108,590 | ||
| OPERATING EXPENSES | $101,330 | $95,611 | $5,295 | $424 |
| JANITORIAL & MAINTENANC | $22,350 | $18,539 | $3,811 | |
| DUES AND SUBSCRIPTIONS | $10,773 | $7,650 | $1,782 | $1,341 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,158,273 | TotalAmt |
| Program Services | $4,326,583 | ProgramServicesAmt |
| Management And General | $639,816 | ManagementAndGeneralAmt |
| Fundraising | $191,874 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,640,876 | BOYAmt |
| EOY | $4,437,988 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,426,147 | BOYAmt |
| EOY | $281,630 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,704,761 | BOYAmt |
| EOY | $3,878,977 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,194 | BOYAmt |
| EOY | $20,612 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,094,613 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $604,707 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,063 | BOYAmt |
| EOY | $489,906 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,896,002 | BOYAmt |
| EOY | $50,847,130 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,666 | BOYAmt |
| EOY | $338,487 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,553,709 | BOYAmt |
| EOY | $60,294,730 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,174 | BOYAmt |
| EOY | $164,346 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,375 | BOYAmt |
| EOY | $13,300 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,661 | BOYAmt |
| EOY | $1,760,675 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,049,940 | BOYAmt |
| EOY | $3,678,290 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,159,492 | BOYAmt |
| EOY | $4,415,088 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,485,642 | BOYAmt |
| EOY | $10,031,699 | 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 | $16,239,889 | BOYAmt |
| EOY | $16,740,835 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,828,178 | BOYAmt |
| EOY | $33,522,196 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,068,067 | BOYAmt |
| EOY | $50,263,031 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,553,709 | BOYAmt |
| EOY | $60,294,730 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,210,691 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,404,673 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $982 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | 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 | $4,426,529 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,170,191 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,394,846 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,637,021 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,019,110 | CurrentTaxYearAmt |
| Total | $21,647,697 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,426,529 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,170,191 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,394,846 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,637,021 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,019,110 | CurrentTaxYearAmt |
| Total | $21,647,697 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,524,767 | SubstantialContributorsTotAmt |
| Public Support Total170 | $16,122,930 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $677,512 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $666,400 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,057,562 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,170,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,093,380 | CurrentTaxYearAmt |
| Total | $4,665,129 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $27,650 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,316 | CurrentTaxYearAmt |
| Total | $33,966 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $26,346,792 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,128,642 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.61200 | PublicSupportCY170Pct |
| Public Support PY170 | 0.61090 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | Yes (1) | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $2,944 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $2,944 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | SUPPORT FOR EARLY CHILDHOOD AND ECONOMIC DEVELOPMENT PROGRAMS | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 10 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $51,280 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $102,388 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $2,944,051 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,790,595 | BeginningYearBalanceAmt |
| Contributions | $832,429 | ContributionsAmt |
| Investment Earnings Or Losses | $1,521,922 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,337,780 | OtherExpendituresAmt |
| End Year Balance | $39,807,166 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $37,308,295 | BeginningYearBalanceAmt |
| Contributions | $1,344,200 | ContributionsAmt |
| Investment Earnings Or Losses | $1,439,538 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,301,438 | OtherExpendituresAmt |
| End Year Balance | $38,790,595 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $35,185,071 | BeginningYearBalanceAmt |
| Contributions | $868,288 | ContributionsAmt |
| Investment Earnings Or Losses | $2,506,504 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,251,568 | OtherExpendituresAmt |
| End Year Balance | $37,308,295 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,115,350 | BeginningYearBalanceAmt |
| Contributions | $633,376 | ContributionsAmt |
| Investment Earnings Or Losses | $3,537,930 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $101,585 | OtherExpendituresAmt |
| End Year Balance | $35,185,071 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,125,746 | BeginningYearBalanceAmt |
| Contributions | $874,139 | ContributionsAmt |
| Investment Earnings Or Losses | -$588,445 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,296,090 | GrantsOrScholarshipsAmt |
| End Year Balance | $31,115,350 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.31100 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.57000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11900 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $68,687 | OtherCostOrOtherBasisAmt |
| Book Value | $68,687 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $744,825 | OtherCostOrOtherBasisAmt |
| Depreciation | $355,875 | DepreciationAmt |
| Book Value | $388,950 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,313 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,313 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $269,788 | OtherCostOrOtherBasisAmt |
| Depreciation | $237,519 | DepreciationAmt |
| Book Value | $32,269 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $489,906 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENTS | Desc |
| Book Value | $50,847,130 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $50,847,130 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES | $375,559 |
| LINE OF CREDIT | $3,502 |
| ASSETS HELD FOR OTHERS | $4,036,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,415,088 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $5,145,400 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,404,673 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $982 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,405,655 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,739,745 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $227,942 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$20,105 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $207,837 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,947,582 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,950,436 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $20,105 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $20,105 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,930,331 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $227,942 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $227,942 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,158,273 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION HAS DEVELOPED A SPENDING POLICY WHICH USES UP TO 4.5% OF ITS ENDOWMENT BALANCE ANNUALLY TO SUPPORT ITS PROGRAMS AND ACTIVITIES. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR INCOME ON CERTAIN UNRELATED BUSINESS INCOME. AT JUNE 30, 2020, THERE IS NO MATERIAL AMOUNT OF UNRELATED BUSINESS INCOME. THE FOUNDATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER APPLICABLE MINNESOTA STATUTES. THE FOUNDATION HAS REVIEWED ITS TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT NO MATERIAL LIABILITIES EXIST AS OF JUNE 30, 2020 OR 2019. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO THE FISCAL YEAR ENDED JUNE 30, 2017. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -20,105. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 20,105. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CHIPPE SHOPPE | Event1Nm |
| Gross Receipts Event1 | $21,851 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $21,851 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $12,415 | OtherDirectExpensesEvent1Amt |
| Event2 | CARE | Event2Nm |
| Gross Receipts Event2 | $17,920 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $13,350 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $4,570 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $4,130 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $2,999 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $561 | FoodAndBeverageEvent2Amt |
| Gross Receipts Total | $39,771 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $13,350 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $26,421 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $4,130 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $2,999 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $561 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $12,415 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $20,105 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $6,316 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (105 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| A CHANCE TO GROW | ||||||||||
| 1800 2ND ST NE | MINNEAPOLIS | MN | 55418 | 411444113 | 501C3 | $15,000 | TRANSFORMING LEARNING READINESS IN SOUTHERN MINNESOTA | |||
| BLUE EARTH COUNTY | ||||||||||
| 1235 CALEDONIA ST | MANKATO | MN | 56001 | 416005763 | GOVERNMENT | $26,758 | VETERANS MEMORIAL - HWY 22 VICTORY DRIVE PROJECT | |||
| BROWN COUNTY PUBLIC HEALTH | ||||||||||
| 1117 CENTER ST | NEW ULM | MN | 56073 | 416005765 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $7,130 | FMV | BOOKS | |
| BYRON PUBLIC SCHOOLS | ||||||||||
| 630 1ST AVE NW | BYRON | MN | 55920 | 416002825 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $10,075 | FMV | BOOKS | |
| CITY OF BLUE EARTH | ||||||||||
| 125 7TH ST E | BLUE EARTH | MN | 560130038 | 416004991 | GOVERNMENT | $26,563 | MUSICAL INSTRUMENT FOR COMMUNITY PARK | |||
| CITY OF FAIRMONT | ||||||||||
| 100 DOWNTOWN PLAZA | FAIRMONT | MN | 56031 | 416005147 | GOVERNMENT | $9,433 | COMMUNITY CENTER FEASBILITY | |||
| CITY OF HARMONY | ||||||||||
| 225 3RD AVE SW | HARMONY | MN | 559390488 | 416005218 | GOVERNMENT | $7,567 | COMMUNITY FOUNDATION SUPPORT FOR NORTH PARK BASKETBALL COURT UPGRADE | |||
| CITY OF PLAINVIEW | ||||||||||
| 241 BROADWAY W | PLAINVIEW | MN | 559641253 | 411650465 | GOVERNMENT | $7,500 | COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY DOG PARK | |||
| CITY OF WABASHA | ||||||||||
| 900 HIAWATHA DR E | WABASHA | MN | 559810262 | 416005601 | GOVERNMENT | $11,500 | POOL PASSESFOR COMMUNITY POOL/COMMNITY ENHAHCEMENT GRANTS | |||
| FREEBORN COUNTY PUBLIC HEALTH | ||||||||||
| 411 S BROADWAY | ALBERT LEA | MN | 56007 | 416005795 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| KASSON-MANTORVILLE SCHOOLS | ||||||||||
| 101 16TH ST NE | KASSON | MN | 55944 | 416008530 | SCHOOL/EDUCATION | $9,000 | CHILD CARE START UP/EXPANSION | |||
| KINGSLAND PUBLIC SCHOOLS | ||||||||||
| 705 SECTION AVE N | SPRING VALLEY | MN | 55975 | 411740007 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| KIWANIS CLUB OF MANKATO FOUNDATION | ||||||||||
| PO BOX 733 | MANKATO | MN | 56002 | 411908825 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $78,275 | FMV | BOOKS | |
| MN STATE UNIVERSITY-MANKATO | ||||||||||
| 150 MORRIS HALL | MANKATO | MN | 56001 | 411687554 | SCHOOL/EDUCATION | $20,000 | ECONOMIC DEVELOPMENT - WOMEN MEAN BUSINESS | |||
| MN VALLEY ACTION COUNCIL | ||||||||||
| 706 VICTORY DR N | MANKATO | MN | 56001 | 416050353 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $6,898 | FMV | BOOKS | |
| NEW PRAGUE AREA EARLY CHILDHOOD INITIATIVE | ||||||||||
| 410 CENTRAL AVE N | NEW PRAGUE | MN | 56071 | 416003815 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,355 | FMV | BOOKS | |
| NEW ULM PUBLIC SCHOOLS | ||||||||||
| 910 14TH ST N | NEW ULM | MN | 56073 | 416000373 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $7,750 | FMV | BOOKS | |
| NORTHFIELD AREA FAMILY YMCA | ||||||||||
| 1501 HONEYLOCUST DR | NORTHFIELD | MN | 55057 | 593817686 | 501C3 | $5,000 | SUPPORT FOR LOCAL FAMILY PROGRAMS | |||
| NORTHFIELD PUBLIC SCHOOLS | ||||||||||
| 201 ORCHARD ST S | NORTHFIELD | MN | 55057 | 416008327 | SCHOOL/EDUCATION | EARLY CHILDHOOD NAVIGATORS/RICE COUNTY EARLY CHILDHOOD DENTAL NETWORK | $11,625 | FMV | BOOKS | |
| RED WING DOWNTOWN MAIN STREET INC | ||||||||||
| 419 BUSH ST | RED WING | MN | 55066 | 411869035 | 501C3 | $5,000 | SUPPORT FOR DOWNTOWN PUBLIC ART PROJECT | |||
| ROCHESTER AREA FAMILY YMCA | ||||||||||
| 2364 VALLEYHIGH DR NW | ROCHESTER | MN | 55901 | 452563299 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $5,270 | FMV | BOOKS | |
| SEMCAC HEAD START | ||||||||||
| 204 ELM ST S | RUSHFORD | MN | 55971 | 410907135 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $5,735 | FMV | BOOKS | |
| SIBLEY COUNTY PUBLIC HEALTH AND HUMAN SERVICES | ||||||||||
| 111 8TH ST | GAYLORD | MN | 55334 | 416005897 | GOVERNMENT | LITERACY CRANT - CHILDRENS BOOKS | $6,588 | |||
| SLEEPY EYE PUBLIC SCHOOLS | ||||||||||
| 400 4TH AVE SW | SLEEPY EYE | MN | 56085 | 416000392 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| SOUTHERN MN EDUCATION CONSORTIUM | ||||||||||
| 710 4TH AVE NE | GRAND MEADOW | MN | 55936 | 270630742 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $8,060 | FMV | BOOKS | |
| STEELE COUNTY PUBLIC HEALTH | ||||||||||
| 635 FLORENCE AVE | OWATONNA | MN | 55060 | 416005901 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $5,425 | FMV | BOOKS | |
| THREE RIVERS COMMUNITY ACTION INCORPORATED | ||||||||||
| 1651 JEFFERSON PKWY | NORTHFIELD | MN | 55057 | 410906178 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $12,400 | FMV | BOOKS | |
| TRI-CITY UNITED PUBLIC SCHOOLS | ||||||||||
| 101 2ND ST NE | MONTGOMERY | MN | 56069 | 453740004 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,588 | FMV | BOOKS | |
| WATONWAN COUNTY HEALTH AND HUMAN SERVICES | ||||||||||
| 715 2ND AVE S | ST JAMES | MN | 56081 | 416005922 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $6,975 | FMV | BOOKS | |
| AB SEE PRESCHOOL AND EARLY LEARNING CENTER | ||||||||||
| 5477 311TH ST | CANNON FALLS | MN | 55009 | OTHER/EDUCATION | $9,000 | CHILD CARE START-UP OR EXPANSION GRANT | ||||
| ALBERT LEA AREA SCHOOLS | ||||||||||
| 211 RICHWAY DR W | ALBERT LEA | MN | 56007 | 416001171 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| ALBERT LEA ECONOMIC DEVELOPMENT AGENCY | ||||||||||
| 132 BROADWAY AVE N | ALBERT LEA | MN | 56007 | 416004922 | GOVERNMENT | $10,000 | COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE | |||
| ALINA HEALTHOWATONNA HOSPITAL FOUNDATION | ||||||||||
| 2250 26TH ST NW | OWATONNA | MN | 55060 | 274116873 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $8,525 | FMV | BOOKS | |
| AMBROY AREA COMMUNITY CLUB | ||||||||||
| PO BOX 443 | AMBOY | MN | 56010 | 562465736 | 501C6 | $10,000 | REINVENTING HISTORIC DOWNTOWN AMBOY | |||
| AUSTIN ASPIRES | ||||||||||
| 301 MAIN ST N STE 104 | AUSTIN | MN | 55912 | 465424422 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| AUSTIN PUBLIC SCHOOLS | ||||||||||
| 401 3RD ST NW | AUSTIN | MN | 55912 | 416002526 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $7,750 | FMV | BOOKS | |
| BLUE EARTH ECONOMIC DEVELOPMENT | ||||||||||
| 125 6TH ST W | BLUE EARTH | MN | 56013 | 416004991 | GOVERNMENT | $10,000 | ECONOMIC DEVELOPMENT - SHOP BLUE EARTH & RURAL ENTEPRENEURIAL VENTURE | |||
| BUILDING BLOCKS CHILDCARE & LEARNING CENTER | ||||||||||
| 469 12TH ST | RED WING | MN | 55066 | 833750903 | OTHER/EDUCATION | $6,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| BYRON PUBLIC SCHOOLS | ||||||||||
| 1887 2ND AVE NW | BYRON | MN | 559206035 | 416002825 | SCHOOL/EDUCATION | $6,250 | OUTDOOR GRADUATION CEREMONY/COVID-19 RELIEF FUNDING | |||
| CHILD CARE CENTER OF MAPLETON INCORPORATED | ||||||||||
| 60 MAIN ST E | MAPLETON | MN | 560650515 | 411267511 | 501C3 | $10,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| CITY OF BLUE EARTH | ||||||||||
| 125 6TH ST W | BLUE EARTH | MN | 560130038 | 416004991 | GOVERNMENT | $37,753 | POOL SLIDE FOR COMMUNITY POOL | |||
| CITY OF EAGLE LAKE | ||||||||||
| 705 PARKWAY AVE | EAGLE LAKE | MN | 56024 | 416005110 | GOVERNMENT | $5,000 | MUSIC IN THE PARK | |||
| CITY OF EAGLE LAKE | ||||||||||
| 705 PARKWAY AVE | EAGLE LAKE | MN | 56024 | 416005110 | GOVERNMENT | $10,000 | COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE | |||
| CITY OF ELLENDALE | ||||||||||
| 106 6TH AVE W | ELLENDALE | MN | 56026 | 416005127 | GOVERNMENT | $18,000 | COMMUNITY KITCHEN REMODEL | |||
| CITY OF FAIRMONT | ||||||||||
| 100 DOWNTOWN PLAZA | FAIRMONT | MN | 56031 | 416005147 | GOVERNMENT | $124,136 | FAIRMONT ADVENTURE PLAYGROUND FUND | |||
| CITY OF GRAND MEADOW | ||||||||||
| 112 GRAND AVE E | GRAND MEADOW | MN | 55936 | 416005198 | GOVERNMENT | $6,300 | GRAND MEADOW CIVIC GATHERINGS | |||
| CITY OF KASOTA | ||||||||||
| 200 WEBSTER ST N | KASOTA | MN | 56050 | 411233431 | GOVERNMENT | $10,000 | ECONOMIC DEVELOPMENT - GROWING BETTER TOGETHER | |||
| CITY OF SAINT JAMES | ||||||||||
| 124 ARMSTRONG BLVD S | ST JAMES | MN | 56081 | 416005517 | GOVERNMENT | $20,000 | EQUITABLE ACCESS TO BUSINESS CONSULTING IN SOUTHERN MN | |||
| CITY OF ST CHARLES | ||||||||||
| 830 WHITEWATER AVE | ST CHARLES | MN | 55972 | 416005513 | GOVERNMENT | $24,127 | COMMUNITY FOUNDATION SUPPORT FOR COMMUNITY GATHERING GREEN SPACE | |||
| CITY OF WANAMINGO | ||||||||||
| 401 MAIN ST | WANAMINGO | MN | 55983 | 416005614 | GOVERNMENT | $34,181 | COMMUNITY VETERANS MEMORIAL | |||
| CULTIVATE MAANKATO | ||||||||||
| 227 MAIN ST | MANKATO | MN | 56001 | 830727659 | 501C3 | $10,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| DISCOVER TREE CHILDCARE CENTER LLC | ||||||||||
| 1363 HOMER RD | WINONA | MN | 55987 | 822619753 | 501C3 | $9,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| DISCOVER FAITH COMMUNITY | ||||||||||
| PO BOX 172 | LANESBORO | MN | 55949 | 411476740 | 501C3 | $6,625 | SHARING FUND/COVID-19 RELIEF FUNDING | |||
| DODGE COUNTY ECONOMIC DEVELOPMENT AUTHORITY | ||||||||||
| 721 MAIN ST N | MANTOVILLE | MN | 55955 | 416005790 | GOVERNMENT | $9,200 | HISPANIC ECONOMIC DEVELOPMENT OUTREACH | |||
| ELLENDALE AREA FOOD SHELF UNITED METHODIST CHURCH | ||||||||||
| PO BOX 331 | GENEVA | MN | 56035 | 501C3 | $6,250 | COVID-19 RELIEF FUNDING FOR COMMUNITY FOOD SHELF | ||||
| FAIRMONT AREA SCHOOLS | ||||||||||
| 714 VICTORIA ST | FAIRMONT | MN | 56031 | 411833686 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| FARIBAULT PUBLIC SCHOOLS | ||||||||||
| 930 4TH AVE NW | FARIBAULT | MN | 55021 | 416003618 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $10,850 | FMV | BOOKS | |
| FILLMORE CENTRAL SCHOOL DISTRICT | ||||||||||
| 702 CHATFIELD AVE NW | PRESTON | MN | 55965 | 411809022 | SCHOOL/EDUCATION | $7,209 | COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS | |||
| FILLMORE COUNTY PUBLIC HEALTH DEPARTMENT | ||||||||||
| 902 HOUSTON ST NW STE 2 | PRESTON | MN | 55965 | 416005794 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| GIBBON FAIRFAX WINTHROP SCHOOLS | ||||||||||
| 323 11TH ST E | GIBBON | MN | 55335 | 411721703 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $5,038 | FMV | BOOKS | |
| GREENSEAM | ||||||||||
| 3 CIVIC CENTER PL STE 100 | MANKATO | MN | 56001 | 363454285 | 501C3 | $50,000 | SUPPORT TO CONNECT THE REGION'S EXTENSIVE AGRICULTURAL BUSINESS ASSETS AND NETWORK | |||
| GUARDIAN ATHLETICS | ||||||||||
| 1409 N RIVERFRONT DR SUITE 201 | MANKATO | MN | 56001 | 843373925 | OTHER | $5,000 | MN CUP AWARD | |||
| HISPANIC ADVOCACY & COMMUNITY EMPOWERMENT THROUGH RESEARCH | ||||||||||
| 155 WABASHA AVE S STE 110 | ST PAUL | MN | 55107 | 411900934 | 501C3 | $19,993 | ECONOMIC DEVELOPMENT - CREANDO ANDO (CREATE AND ADVANCE) | |||
| JR'S ACADEMY | ||||||||||
| 120 BIRKDALE DR | MANKATO | MN | 56001 | 833253516 | OTHER/EDUCATION | $8,000 | CHILD CARE START UP/EXPANSION | |||
| KENYON-WANAMINGO SCHOOLS | ||||||||||
| 225 3RD AVE | WANAMINGO | MN | 55983 | 411780357 | SCHOOL/EDUCATION | $16,258 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| KENYON-WANAMINGO SCHOOLS | ||||||||||
| 225 3RD AVE | WANAMINGO | MN | 55983 | 411780357 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,975 | FMV | BOOKS | |
| KORTNEY ADAMS - SAINT JOHN LUTHERAN DAYCARE | ||||||||||
| 137 HOUK ST | GOOD THUNDER | MN | 56037 | 410711487 | OTHER/EDUCATION | $5,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| LE SUEUR-HENDERSON PUBLIC SCHOOLS | ||||||||||
| 115 1/2 FIFTH ST N | LE SUEUR | MN | 56058 | 411716943 | SCHOOL/EDUCATION | LITERACY GRANT - CHILDRENS BOOKS | $6,975 | FMV | BOOKS | |
| LISTOS PRESCHOOL AND CHILDCARE | ||||||||||
| 1503 2ND AVE NE | ROCHESTER | MN | 55906 | 410846795 | OTHER/EDUCATION | $10,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| LITTLE LAKERS EARLY LEARNING CENTER | ||||||||||
| 50100 224TH ST | LAKE CRYSTAL | MN | 56055 | 831392838 | OTHER/EDUCATION | $10,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| LITTLE SPROUTS LEARNING CENTER | ||||||||||
| 500 4TH AVE SW | SLEEPY EYE | MN | 56085 | 844382693 | OTHER/EDUCATION | $9,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| MADELIA STRONG INC | ||||||||||
| PO BOX 100 | MADELIA | MN | 56062 | 811422448 | 501C3 | $8,775 | COMMUNITY FOUNDATION SUPPORT FOR COUNTY FOOD SHELF | |||
| MAPLE RIVER CHAMBER OF COMMERCE | ||||||||||
| PO BOX 288 | MAPLETON | MN | 56065 | 411855221 | 501C6 | $5,219 | SNOWFLAKE DAZZLE COMMUNITY CELEBRATION | |||
| MAPLE RIVER LOAVES AND FISHES FOOD SHELF | ||||||||||
| 104 N CENTRAL AVE | MAPLETON | MN | 56065 | 455336214 | 501C3 | $5,000 | COVID-19 RELIEF FUNDING FOR COMMUNITY | |||
| MONSTER BASH INC | ||||||||||
| 155 4TH AVE SE | HARMONY | MN | 55939 | 814430355 | 501C3 | $6,250 | COVID-19 RELIEF FUNDING FOR COMMUNITY | |||
| MONTGOMERY ECONOMIC DEVELOPMENT AUTHORITY | ||||||||||
| 206 1ST ST S | MONTGOMERY | MN | 56069 | 416005383 | GOVERNMENT | $5,000 | COVID-19 RELIEF/E-COMMERCE ASSISTANCE FOR MONTGOMERY BUSINESSES | |||
| OLMSTED COUNTY PUBLIC HEALTH SERVICES | ||||||||||
| 2100 CAMPUS DR SE | ROCHESTER | MN | 55904 | 416005859 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $6,975 | FMV | BOOKS | |
| PARENTING RESOURCE CENTER INCORPORATED | ||||||||||
| 105 1ST ST SE STE A | AUSTIN | MN | 55912 | 411307920 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $5,425 | FMV | BOOKS | |
| PARK NICOLLET FOUNDATION | ||||||||||
| 6500 EXCELSIOR BLVD | ST LOUIS PARK | MN | 55426 | 237346465 | 501C3 | $7,000 | LOVE & LEGACY CAMPAIGN | |||
| PLAINVIEW ELGIN AREA FOOD SHELF | ||||||||||
| PO BOX 274 | ELGIN | MN | 55932 | 421654116 | 501C3 | $8,000 | COVID-19 RELIEF FUNDING FOR COMMUNITY | |||
| PLAINVIEW ELGIN MILLVILLE COMMUNITY SCHOOL DISTRICT | ||||||||||
| 500 BROADWAY W | PLAINVIEW | MN | 55964 | 331134777 | SCHOOL/EDUCATION | $11,935 | COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS | |||
| PRESTON AREA ARTS COUNCIL | ||||||||||
| PO BOX 317 | PRESTON | MN | 55965 | 204945615 | 501C3 | $5,000 | VETERANS CEMETARY STAINED GLASS ARTWORK | |||
| PRESTON ECONOMIC DEVELOPMENT AUTHORITY | ||||||||||
| 210 FILLMORE ST W | PRESTON | MN | 55965 | 416005468 | GOVERNMENT | $10,700 | LOCAL EDA EMERGENCY LOAN PROGRAM/COMMUNITIES ADDRESSING CHILD CARE SHORTAGE | |||
| RED WING IGNITE | ||||||||||
| 419 BUSH ST | RED WING | MN | 55066 | 461469707 | 501C3 | $20,000 | ECONOMIC DEVELOPMENT - IGNITING INNOVATION IN RURAL MINNESOTA | |||
| RED WING INNOVATION INCUBATOR | ||||||||||
| 312 WEST AVE | RED WING | MN | 55066 | 474656092 | 501C3 | $5,000 | FUNDING SUPPORT FOR BIG TURN MUSIC FEST | |||
| REGENTS OF THE UNIVERSITY OF MN | ||||||||||
| 200 OAK ST SE STE 450 | MINNEAPOLIS | MN | 55455 | 416007513 | SCHOOL/EDUCATION | $15,051 | ECONOMIC DEVELOPMENT - ENHANCING READINESS FOR BUSINESS SUCCESSION | |||
| RENEWING THE COUNTRYSIDE | ||||||||||
| 2637 27TH AVE S STE 17 | MINNEAPOLIS | MN | 55406 | 200189339 | 501C3 | $20,000 | LOCAL FOODS GROW-A-FARMER GRANT ASSISTANCE PROGRAM | |||
| RURAL RENAISSANCE PROJECT | ||||||||||
| 530 RIVERFRONT DR N STE 260 | MANKATO | MN | 56001 | 830645699 | 501C3 | $10,000 | ECONOMIC DEVELOPMENT - THREE SISTERS PROJECT - RENOVATIONS | |||
| RUSHFORD-PETERSON SCHOOLS | ||||||||||
| 1000 PINE MEADOWS LN | RUSHFORD | MN | 55971 | 411655958 | SCHOOL/EDUCATION | $18,522 | COMMUNITY FOUNDATION SUPPORT FOR STUDENT PROGRAMS | |||
| SAINT CHARLES PUBLIC SCHOOLS | ||||||||||
| 600 6TH ST E | ST CHARLES | MN | 55972 | 416004727 | SCHOOL/EDUCATION | $10,000 | IT TAKES A VILLAGE: ST CHARLES VISION 20/20 | |||
| SAINT JAMES COMMUNITY CHILD CARE | ||||||||||
| 500 3RD AVE S | ST JAMES | MN | 56081 | 416004625 | SCHOOL/EDUCATION | $9,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| SAINT JAMES PUBLIC SCHOOLS | ||||||||||
| 500 3RD AVE S | ST JAMES | MN | 56081 | 416004625 | SCHOOL/EDUCATION | $20,000 | COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE | |||
| SAINT PAUL'S EVANGELICAL LUTHERAN CHURCH | ||||||||||
| 304 MONROE AVE | NORTH MANKATO | MN | 56003 | 410834570 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $11,269 | FMV | BOOKS | |
| SAINT PETER COMMUNITY CHILDCARE PROGRAM | ||||||||||
| 600 5TH ST S STE 125 | ST PETER | MN | 56081 | 261170295 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $11,439 | FMV | BOOKS | |
| SEMCAC | ||||||||||
| 204 ELM ST S | RUSHFORD | MN | 559710549 | 410907135 | 501C3 | $7,250 | MEAL DELIVERY BAGS/SENIOR DINING | |||
| SOUTH TROY WESLEYAN CHURCH | ||||||||||
| 56817 HWY 63 | ZUMBRO FALLS | MN | 55991 | 501C3 | $6,250 | ZUMBRO VALLEY FOOD SHELF COVID-19 RELIEF FUNDING | ||||
| SUSTAINABLE FARMING ASSOCIATION OF MN | ||||||||||
| 4924 UPTON AVE S | MINNEAPOLIS | MN | 55410 | 411671893 | 501C3 | $10,000 | LOCAL FOODS GROW-A-FARMER GRANT ASSISTANCE PROGRAM | |||
| TAKARA KIDS CLUBHOUSE DAYCARE CENTER AND PRESCHOOL | ||||||||||
| 900 4TH ST SW | WASECA | MN | 56093 | 831154467 | OTHER | $8,000 | CHILD CARE START-UP OR EXPANSION GRANT | |||
| UNITED WAY OF GOODHUE WABASHA & PIERCE COUNTIES | ||||||||||
| 1755 OLD WEST MAIN ST STE 101 | RED WING | MN | 550660319 | 416043633 | 501C3 | $10,000 | COVID-19 RELIEF FUNDING FOR COMMUNITY | |||
| UNITED WAY OF GOODHUE WABASHA & PIERCE COUNTIES | ||||||||||
| 1755 OLD WEST MAIN ST STE 101 | RED WING | MN | 550660319 | 416043633 | 501C3 | LITERACY GRANT - CHILDRENS BOOK | $13,175 | FMV | BOOKS | |
| WABASHA COUNTY DEVELOPMENTAL ACHIEVMENT CENTER | ||||||||||
| 611 BROADWAY AVE STE 110 | WABASHA | MN | 559810262 | 410957876 | 501C3 | $10,491 | COVID-19 RELIEF FUNDING FOR COMMUNITY | |||
| WELLS ECONOMIC DEVELOPMENT AUTHORITY | ||||||||||
| 125 BROADWAY S | WELLS | MN | 56097 | 411744313 | GOVERNMENT | $10,000 | COMMUNITIES ADDRESSING THE CHILD CARE SHORTAGE | |||
| WINONA PUBLIC LIBRARY | ||||||||||
| 151 5TH ST W | WINONA | MN | 55987 | 416005651 | GOVERNMENT | LITERACY GRANT - CHILDRENS BOOKS | $6,200 | FMV | BOOKS | |
| WINONA-FILLMORE COUNTIES HABITAT FOR HUMANITY | ||||||||||
| 126 BAKER ST N | WINONA | MN | 55987 | 411755549 | 501C3 | $6,235 | SUPPORT FOR LOCAL HOUSING INITIATIVES | |||
| YOUTH FIRST | ||||||||||
| 714 VICTORIA ST | FAIRMONT | MN | 56031 | 200671259 | 501C3 | LITERACY GRANT - CHILDRENS BOOKS | $5,425 | FMV | BOOKS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 93 | Total501c3OrgCnt |
| Total Other Org | 12 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS | 47 | $45,500 |
| HARDSHIP ASSISTANCE | 37 | $62,725 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION PROVIDES GRANTS ON AN OPEN APPLICATION BASIS. THE REQUIREMENTS TO APPLY FOR GRANTS ARE POSTED ON THE SMIF WEBSITE, AND ALSO ON THE RFP'S THAT ARE SENT OUT. THE FOUNDATION ALSO PROVIDES ASSISTANCE TO GRANT APPLICANTS AS NEEDED. THE FOUNDATION APPROVES GRANTS BASED ON THE REQUIREMENTS LISTED FOR THE APPLICATION, AND ALSO BASED ON ORGANIZATIONAL GUIDELINES AND BUDGET CONSTRAINTS. THE FOUNDATION REQUIRES THE APPLICANT TO FILL OUT AN APPLICATION AND UPON APPROVAL WILL NOTIFY THE APPLICANT, HAVE THEM SIGN A CONTRACT AND THE FOUNDATION WILL REQUIRE ON-GOING CORRESPONDENCES, SITE VISITS AND FINAL REPORTS DEMONSTRATING DOLLARS WERE SPENT ACCORDING TO THE FOUNDATION GRANT GUIDELINES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY PENNY | PersonNm |
| Title | PRESIDENT/CEO | TitleTxt |
| Base Compensation Filing Org | $155,079 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $8,694 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $32,328 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $196,101 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $467,943 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $103,105 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE 990 IS THEN MADE AVAILABLE FOR THE BOARD MEMBERS TO REVIEW AND THE FINANCE COMMITTEE'S APPROVAL IS RATIFIED BY THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST FORM YEARLY. ALL BOARD AND COMMITTEE MEETINGS BEGIN WITH THE CONFLICT OF INTEREST STATEMENT "ASKING THE BOARD AS A WHOLE IF THERE ARE ANY CONFLICTS OF INTERESTS." THE EXECUTIVE COMMITTEE MONITORS ANY CONFLICTS ON AN ON-GOING BASIS. IF A CONFLICT EXISTS, THE EXECUTIVE COMMITTEE WILL SEEK LEGAL-COUNCIL ADVICE AND OPINION AND WILL BRING THIS INFORMATION BACK TO THE FULL BOARD FOR REVIEW OR TO MAKE ANY DECISION NEEDED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR SETTING AND REVIEWING THE PRESIDENT/CEO COMPENSATION AND REVIEW. THE EXECUTIVE COMMITTEE LEADS AN ANNUAL REVIEW OF THE PRESIDENT/CEO AND PRESENTS ITS FINDINGS TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE THEN USES BENCHMARK INFORMATION FROM SIMILAR ORGANIZATIONS AND BUDGETING CONSTRAINTS TO SET THE PRESIDENT/CEO'S ANNUAL SALARY INCREASE. THE EXECUTIVE COMMITTEE ALSO, AS NEEDED, USES OUTSIDE CONSULTANTS IN GATHERING THIS DATA. THE PRESIDENT/CEO COMPLETES THE REVIEW PROCESS AND SALARY ADJUSTMENTS FOR ALL SENIOR STAFF ALONG WITH THE VICE PRESIDENT AND CFO. THE INCREASES ARE BASED ON THE BUDGETARY LIMITS AND IN-LINE WITH YEARLY CPI INCREASES. BENCHMARKING DATA IS ALSO GATHERED FROM SIMILAR ORGANIZATIONS AND AN OUTSIDE CONSULTANT IS USED ON AND AS NEEDED BASIS TO DETERMINE RELEVANT BENCHMARKING DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PAGE 12, PART XII LINE 2C: | THE FINANCE COMMITTEE APPROVES AND MANAGES THE AUDITOR SELECTION AND PROCESS YEARLY. THE FINANCE COMMITTEE MEETS WITH THE AUDITOR PRIOR TO ENGAGEMENT TO ANSWER ANY QUESTIONS OR CONCERNS RELATED TO THE UPCOMING AUDIT, AT THAT POINT THE FINANCE COMMITTEE APPROVES THE AUDITOR SELECTION FOR THE YEAR. THE COMMITTEE WILL THEN HAVE ON-GOING COMMUNICATION WITH THE AUDIT TEAM AS NECESSARY AND WILL MEET WITH THE AUDITOR UPON COMPLETION OF THE AUDIT FOR REVIEW AND FINAL APPROVAL OF THE AUDIT REPORT. THE BOARD WILL ALSO, REVIEW AND MEET WITH THE AUDITOR AFTER THE AUDIT IS COMPLETED. |
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