THE NORTHWEST MINNESOTA FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE NORTHWEST MINNESOTA FOUNDATION (EIN 41-1556013)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-02
- IRS object ID
- 201931339349304633
- Schema version
- 2017v2.2
- 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 | 2019-05-02T10:15:52-04:00 | ReturnTs |
| Tax Period End | 2018-06-30 | 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 | 2017-07-01 | 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 | NANCY VYSKOCIL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2187592057 | PhoneNum |
| Signature | 2019-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Seth Holte | PreparerPersonNm |
| PTIN | P01693743 | PTIN |
| Phone | 2187325769 | PhoneNum |
| Preparation | 2019-05-02 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 206.188.254.226 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-13 | IPDt |
| IP Tm | 14:52:27 | IPTm |
| Federal Original Submission Id | 4183402019133ag2capq | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 48506B69E4AF452B48E21279D5CED09537A5C61F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 48506B69E4AF452B48E21279D5CED09537A5C61F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NANCY VYSKOCIL | 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 | $22,629,098 | 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 | 22 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,975,762 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,397,418 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $375,103 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $406,643 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,441,215 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,339,100 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,792,080 | PYTotalRevenueAmt |
| CY Total Revenue | $9,143,161 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,572,596 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,193,649 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,390,317 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,486,834 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $237,967 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,196,378 | PYOtherExpensesAmt |
| CY Other Expenses | $1,061,386 | CYOtherExpensesAmt |
| PY Total Expenses | $5,159,291 | PYTotalExpensesAmt |
| CY Total Expenses | $5,741,869 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,632,789 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,401,292 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $70,311,259 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,567,715 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,436,023 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,312,550 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $65,875,236 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $69,255,165 | 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 | $4,565,995 | ExpenseAmt |
| Grant | $3,193,649 | GrantAmt |
| Revenue | $406,643 | RevenueAmt |
| Desc | (A)TRAINING AND EDUCATION: THE FOUNDATION IS COMMITTED TO STRENGTHENING THE ABILITY OF THE REGIONS COMMUNITIES AND ORGANIZATIONS TO CONFRONT PROBLEMS AND ISSUES WITH GOOD DECISION MAKING SKILLS. THE FOUNDATION BELIEVES THAT SKILLED LEADERSHIP IS ESSENTIAL TO ENSURE THAT PEOPLE RETAIN THE ABILITY TO CREATE A BRIGHT FUTURE FOR THE AREA, AS LEADERSHIP IS A KEY INGREDIENT IN IMPLEMENTING CONSTRUCTIVE CHANGE. A TOTAL OF $236,583 WAS SPENT FOR TRAINING AND EDUCATION IN FY 2018 AND INCLUDED THE FOLLOWING ACTIVITIES:* TWO TWO DAY, ONE-NIGHT AND TWO ONE-DAY ELEMENTARY AND MIDDLE SCHOOL YOUTH LEADERSHIP SESSIONS WERE HELD IN THE FALL OF 2017 WITH 123 PARTICIPANTS. THE RETREAT PARTICIPANTS ALSO RECEIVED SCHOOL SITE SEL(SOCIAL, EMOTIONAL, LEARNING) TRAINING DURING THE WINTER OF 2017. ACTUAL SPENT: $79.869*THE VITAL NONPROFITS PROGRAM IS A TWO-YEAR TRAINING PROGRAM FOR NON-PROFITS. FIVE NONPROFIT ORGANIZATIONS FROM THE SERVICE AREA WERE SELECTED THROUGH A COMPETIT IVE APPLICATION PROCESS. EACH ORGANIZATION IS PAIRED WITH A CONSULTANT GUIDE TO HELP THEM THROUGH EACH OF EIGHT MODULES BY PROVIDING ASSESSMENTS AND TECHNICAL ASSISTANCE. TRAINERS WERE HIRED TO LEAD ON TOPICS OF STRENGTHS-BASED COACHING, MISSION AND VISION, PLANNING AND EVALUATION, GOVERNANCE, FINANCIAL MANAGEMENT, FUNDRAISING, HUMAN RESOURCES, AND COMMUNICATIONS. IN FY 2018, THE PROGRAM REACHED APPROXIMATELY 35 PARTICIPANTS FROM THESE ORGANIZATIONS (EXECUTIVE DIRECTORS, BOARD AND STAFF) AND 5 PUBLIC PARTICIPANTS. THE PEER LEARNING COHORT MODEL ALLOWS FOR THE ORGANIZATIONS TO SHARE COMMON ISSUES AND LEARN FROM EACH OTHER THROUGHOUT THE TWO-YEAR PROGRAM. CONSULTANTS WERE ALSO HIRED TO COMPLETE EVALUATION WORK OF THE PROGRAM. ACTUAL SPENT: $78,114* TECHNICAL ASSISTANCE IS AVAILABLE TO HELP ENTREPRENEURS UNDERSTAND THEIR STRENGTHS AND NEEDS IN ESTABLISHING OR EXPANDING SELF-EMPLOYMENT OPPORTUNITY. INDIVIDUAL TRAINING WAS PROVIDED THROUGHOUT THE REGION. ACTUAL SPENT (BOTH NMF AND SBA TA): $78,600B) GRANTS:GRANT PROGRAMS HAVE BEEN ESTABLISHED PROVIDING FLEXIBILITY TO NONPROFIT ORGANIZATIONS AND PUBLIC AGENCIES AS THEY ADDRESS ORGANIZATIONAL, COMMUNITY AND REGIONAL ISSUES. EACH PROGRAM HAS ITS OWN SET OF PRIORITIES, ELIGIBILITY AND REVIEW PROCESS. A TOTAL OF $2,143,161 WAS AWARDED FOR GRANT PROGRAMS IN FY 2018 AND INCLUDED THE FOLLOWING:* FOURTEEN GRANTS TOTALING $13,416 WERE AWARDED FOR CONTINUING SUPPORT OF SMALL BUSINESSES TO RECEIVE ASSISTANCE WITH BUSINESS MANAGEMENT TECHNIQUES.* GRANTS ARE MADE TO PROMOTE, PRESERVE OR ADD VAULE TO THE REGIONS NATURAL RESOURCE BASE. THREE GRANTS TOTALING $57,000 WERE AWARDED UNDER THIS PROGRAM.*THREE GRANTS TOTALING $118,000 WERE AWARDED FOR JOINT VENTURES THAT SPECIFICALLY ADDRESS THE NEEDS OF CHILDREN, FAMILIES, AND THE ELDERLY.* AS PART OF THE FOUNDATIONS COMMITMENT TO STRENGTHEN THE CAPACITY OF INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES TO SHAPE THEIR FUTURE, WE ADMINISTER COMPONENT FUNDS TO ASSIST COMMUNITIES AND NON-PROFIT AGENCIES IN BUILDING THEIR RESOURCES. THERE WERE 398 COMPONENT FUNDS UNDER THIS PROGRAM. A TOTAL OF 595 GRANTS AND SCHOLARSHIPS TOTALING $1,712,515 WERE AWARDED IN FY 2018.* THIRTEEN GRANTS TOTALING $152,500 WERE AWARDED TO LOCAL GOVERNMENTS FOR COMMUNITY AND ECONOMIC DEVELOPMENT. * THREE GRANTS TOTALING $57,000 WERE AWARDED UNDER A PROGRAM TO HELP ORGANIZATIONS DEVELOP NEW NETWORKS, FOSTER COALITION BUILDING, AND PROMOTE COLLABORATIONS BETWEEN HUMAN SERVICE PROVIDERS, OTHER ORGANIZATIONS, AND/OR PUBLIC AGENCIES. * SIX GRANTS TOTALING $33,000 WERE AWARDED UNDER THE IDEA (INGNENUITY DRIVES ENTREPRENEUR ACCELERATION) PROGRAM, WHICH ASSISTS PROMISING LOCAL ENTREPRENEURS IN THE COMMERCIALIZATION OF INNOVATIVE PRODUCTS, PROCESSES AND DELIVERIES BY CONNECTING THEM TO THE BEST RESOURCES AVAILABLE.C) BUSINESS DEVELOPMENT: THE FOUNDATION IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN THE NORTHWEST REGION OF MINNESOTA. AS PART OF THAT MISSION, SEVERAL BUSINESS DEVELOPMENT PROGRAMS ARE AVAILABLE TO PROMOTE A HIGH LEVEL OF ECONOMIC OPPORTUNITY IN THE REGION. TWENTY SIX LOANS WERE FUNDED UNDER THE BUSINESS DEVELOPMENT PROGRAMS IN FY 2018 AND INCLUDED THE FOLLOWING: * THE ENTREPRENEUR DEVELOPMENT LOAN PROGRAM PROVIDES SMALL BUSINESS LOANS TO ENTREPRENEURS WHO HAVE EXPERIENCE, EXPERTISE AND A WELL-DEVELOPED BUSINESS PLAN. TWENTY LOANS TOTALING $334,200 WERE FUNDED UNDER THIS PROGRAM. * THE BUSINESS FINANCE PROGRAM (BFP) IS AN ECONOMIC DEVELOPMENT LOAN PROGRAM TYPICALLY ENGAGED IN MAKING GAP LOANS. THE BFP PARTNERS WITH COMMERCIAL BANKS THAT ARE UNWLLING TO ASSUME THE RISK OF GRANTING AN ENTIRE LOAN REQUEST. THE BFP WAS ESTABLISHED WITH THE EXPRESS PURPOSE OF ENCOURAGING PRIVATE INVESTMENT, INCREASING EMPLOYMENT, AND PROMOTING ECONOMIC DEVELOPMENT IN NORTHWEST MINNESOTA. LOANS ARE MADE FOR PROJECTS THAT CREATE JOBS THAT HAVE LONG-TERM COMMUNITY BENEFIT, FURTHER DIVERSIFY THE AREAS ECONOMY, AND LEVERAGE OTHER SOURCES OF FUNDS TO INCREASE TOTAL CAPITAL INTO THE REGION. IN 2018, SIX LOANS TOTALING $893,000 WERE FUNDED UNDER THIS PROGRAM. TWO OF THESE LOANS WERE EXTENDED TO HELP EXISTING MANUFACTURING BUSINESSES MOVE INTO NMFS SERVICE AREA. ONE LOAN WAS EXTENDED TO HELP AN INDIVIDUAL START HIS OWN BUSINESS. ONE LOAN WAS EXTENDED TO HELP PRESERVE AN EXISTING MANUFACTURING BUSINESS. FINALLY, TWO LOANS WERE MADE TO HELP EXISTING BUSINESSES CONSTRUCT NEW BUILDINGS AND EXPAND THEIR SERVICES.D) ADMINISTRATIVE EXPENSES: THE FOUNDATION INCURRED $1,170,282 IN ADMINISTRATIVE COSTS FOR DELIVERY OF PROGRAM SERVICES. THESE COSTS INLUDED SALARIES, FRINGE BENEFITS, PURCHASED SERVICES, OFFICE SUPPLIES, TELEPHONE, SUBSCRIPTIONS, POSTAGE, PRINTING, EDUCATION, TRAVEL, LOAN LOSSES, LOAN INTEREST, PROMOTION AND OVERHEAD. | Desc |
| Total Program Service Expenses | $4,565,995 | 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 |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | 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 | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 22 | 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 |
| 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 | JOHN SHIMKUS | 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 (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| TOM ANDERSON | |||||||||
| CHAIR | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN EGGERLING | |||||||||
| VICE CHAIR | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CATHY FORGIT | |||||||||
| SECRETARY | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LEAH PIGATTI | |||||||||
| TREASURER | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JON LINNELL | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE HAADELAND | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN ANDERSON | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHELLE PAQUIN | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TODD BECKEL | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KARIE WHITSON-KIRSCHBAUM | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| TIM HAGL | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNIS BONA | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY VYSKOCIL | |||||||||
| PRESIDENT | 40.00 | 0.00 | Yes (X) | $138,853 | $0 | $22,029 | Yes (X) | ||
| KAREN WHITE | |||||||||
| CHIEF STRATEGY OFFICER | 0.00 | 0.00 | $106,311 | $0 | $5,427 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $245,164 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $27,456 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | 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 | $144,200 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $85,066 | GovernmentGrantsAmt |
| All Other Contributions | $4,312,352 | AllOtherContributionsAmt |
| Noncash Contributions | $2,431,077 | NoncashContributionsAmt |
| Total Contributions | $4,397,418 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PARTICIPATION FEES | 900099 | $239,424 | $239,424 |
| INTEREST REVENUE - LOAN | 900099 | $159,409 | $159,409 |
| LOAN APPLICATION FEES | 900099 | $7,810 | $7,810 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $406,643 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,513,984 | TotalRevenueColumnAmt |
| Exclusion | $1,513,984 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,311,053 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,485,937 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,825,116 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,825,116 | TotalRevenueColumnAmt |
| Exclusion | $2,825,116 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,143,161 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $406,643 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,339,100 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,879,098 | TotalAmt |
| Program Services | $2,879,098 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,551 | TotalAmt |
| Program Services | $314,551 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,203,950 | TotalAmt |
| Program Services | $578,907 | ProgramServicesAmt |
| Management And General | $498,350 | ManagementAndGeneralAmt |
| Fundraising | $126,693 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,884 | TotalAmt |
| Program Services | $117,944 | ProgramServicesAmt |
| Management And General | $118,494 | ManagementAndGeneralAmt |
| Fundraising | $46,446 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,280 | TotalAmt |
| Program Services | $2,605 | ProgramServicesAmt |
| Fundraising | $675 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,100 | TotalAmt |
| Management And General | $18,100 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,487 | TotalAmt |
| Program Services | $260,130 | ProgramServicesAmt |
| Management And General | $5,357 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,112 | TotalAmt |
| Program Services | $117,362 | ProgramServicesAmt |
| Management And General | $9,675 | ManagementAndGeneralAmt |
| Fundraising | $25,075 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,729 | TotalAmt |
| Program Services | $479 | ProgramServicesAmt |
| Management And General | $10,947 | ManagementAndGeneralAmt |
| Fundraising | $2,303 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,235 | TotalAmt |
| Program Services | $19,727 | ProgramServicesAmt |
| Management And General | $57,854 | ManagementAndGeneralAmt |
| Fundraising | $12,654 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,911 | TotalAmt |
| Program Services | $12,334 | ProgramServicesAmt |
| Management And General | $14,577 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,274 | TotalAmt |
| Program Services | $33,675 | ProgramServicesAmt |
| Management And General | $23,497 | ManagementAndGeneralAmt |
| Fundraising | $14,102 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,304 | TotalAmt |
| Program Services | $20,934 | ProgramServicesAmt |
| Management And General | $18,370 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,892 | TotalAmt |
| Program Services | $41,270 | ProgramServicesAmt |
| Management And General | $73,622 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,473 | TotalAmt |
| Program Services | $2,093 | ProgramServicesAmt |
| Management And General | $7,380 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MAINTENANCE & REPAIR | $91,678 | $41,602 | $50,076 | |
| MISCELLANEOUS | $86,731 | $63,266 | $18,449 | $5,016 |
| EDUCATION | $28,573 | $12,308 | $12,041 | $4,224 |
| LOAN LOSS PROVISION | $53,653 | $53,653 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$4,046 | TotalAmt |
| Program Services | -$5,943 | ProgramServicesAmt |
| Management And General | $1,118 | ManagementAndGeneralAmt |
| Fundraising | $779 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,741,869 | TotalAmt |
| Program Services | $4,565,995 | ProgramServicesAmt |
| Management And General | $937,907 | ManagementAndGeneralAmt |
| Fundraising | $237,967 | 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 | $1,072,359 | BOYAmt |
| EOY | $811,823 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,753 | BOYAmt |
| EOY | $360,210 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,471 | BOYAmt |
| EOY | $6,741 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,518,521 | BOYAmt |
| EOY | $3,695,401 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,824 | BOYAmt |
| EOY | $18,449 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,197,569 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $647,244 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,329,045 | BOYAmt |
| EOY | $2,550,325 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,952,766 | BOYAmt |
| EOY | $64,211,324 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,841,975 | BOYAmt |
| EOY | $2,125,705 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,395 | BOYAmt |
| EOY | $787,587 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,311,259 | BOYAmt |
| EOY | $74,567,715 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,299 | BOYAmt |
| EOY | $148,839 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,950 | BOYAmt |
| EOY | $46,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,747 | BOYAmt |
| EOY | $1,061,747 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,017,611 | BOYAmt |
| EOY | $1,803,652 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,162,416 | BOYAmt |
| EOY | $2,252,312 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,436,023 | BOYAmt |
| EOY | $5,312,550 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $348,569 | BOYAmt |
| EOY | $307,752 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,120,073 | BOYAmt |
| EOY | $27,146,992 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,406,594 | BOYAmt |
| EOY | $41,800,421 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,875,236 | BOYAmt |
| EOY | $69,255,165 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,311,259 | BOYAmt |
| EOY | $74,567,715 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,401,292 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$21,363 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $4,158,735 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,302,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,943,622 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,975,762 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,397,418 | CurrentTaxYearAmt |
| Total | $23,777,916 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,158,735 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,302,379 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,943,622 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,975,762 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,397,418 | CurrentTaxYearAmt |
| Total | $23,777,916 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,307,942 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,469,974 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,239,304 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,423,683 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,121,991 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,713,808 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,317,737 | CurrentTaxYearAmt |
| Total | $19,816,523 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $43,594,439 | TotalSupportAmt |
| Public Support CY170 | 0.42370 | PublicSupportCY170Pct |
| Public Support PY170 | 0.43480 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 23 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Contri | $638,206 | DonorAdvisedFundsContriAmt |
| Donor Advised Funds Grants | $130,605 | DonorAdvisedFundsGrantsAmt |
| Donor Advised Funds Vl EOY | $5,223,843 | 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 | $55,138,579 | BeginningYearBalanceAmt |
| Contributions | $2,271,226 | ContributionsAmt |
| Investment Earnings Or Losses | $4,201,218 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,362,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,173,991 | AdministrativeExpensesAmt |
| End Year Balance | $59,075,032 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,553,751 | BeginningYearBalanceAmt |
| Contributions | $1,932,869 | ContributionsAmt |
| Investment Earnings Or Losses | $5,582,909 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,455,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,475,950 | AdministrativeExpensesAmt |
| End Year Balance | $55,138,579 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,566,521 | BeginningYearBalanceAmt |
| Contributions | $1,492,415 | ContributionsAmt |
| Investment Earnings Or Losses | $1,805,515 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,258,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,052,700 | AdministrativeExpensesAmt |
| End Year Balance | $50,553,751 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,143,331 | BeginningYearBalanceAmt |
| Contributions | $3,299,905 | ContributionsAmt |
| Investment Earnings Or Losses | $2,465,246 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,157,000 | OtherExpendituresAmt |
| Administrative Expenses | $1,184,961 | AdministrativeExpensesAmt |
| End Year Balance | $49,566,521 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,746,587 | BeginningYearBalanceAmt |
| Contributions | $2,345,619 | ContributionsAmt |
| Investment Earnings Or Losses | $6,299,906 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,057,000 | OtherExpendituresAmt |
| Administrative Expenses | $191,781 | AdministrativeExpensesAmt |
| End Year Balance | $46,143,331 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.70760 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.29240 | 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 | $2,663,654 | OtherCostOrOtherBasisAmt |
| Depreciation | $357,857 | DepreciationAmt |
| Book Value | $2,305,797 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $393,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $289,387 | DepreciationAmt |
| Book Value | $104,028 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,500 | OtherCostOrOtherBasisAmt |
| Book Value | $2,500 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,550,325 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER EQUITY INVESTMENTS | Desc |
| Book Value | $2,125,705 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,125,705 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY PAYABLE | $211,140 |
| AGENCY ENDOWMENT LIABILITY | $2,041,172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,252,312 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $9,121,798 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$21,363 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$21,363 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,143,161 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $9,143,161 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,741,869 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $5,741,869 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $5,741,869 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Endowment funds intended uses (Part V, line 4) | FormAndLineReferenceDesc |
| Explanation | ENDOWMENT FUNDS ARE HELD AND ADMINISTERED FOR THE PURPOSE OF CONTINUING THE ADMINISTRATION AND PROGRAM ACTIVITIES OF THE NORTHWEST MINNESOTA FOUNDATION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (74 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| ADULT DAY SERVICES INC | ||||||
| 620 CARR LAKE RD SE | BEMIDJI | MN | 56601 | 431690840 | $10,000 | NUTRTIONAL HEALTHON SITE MEAL PROGRAM D |
| AGASSIZ AUDUBON SOCIETY | ||||||
| P O BOX 152 | WARREN | MN | 56762 | 411434405 | $18,500 | POLLINATOR GARDEN KIOSK AND TRAIL MAP DE |
| BELTRAMI AREA SERVICE COLLABORATIVE | ||||||
| 616 AMERICA AVENUE | BEMIDJI | MN | 56601 | 411941453 | $12,000 | PACT BEHAVIORAL HEALTH |
| BELTRAMI COUNTY | ||||||
| 701 MINNESOTA AVENUE | BEMIDJI | MN | 56601 | 416005757 | $108,500 | NORTHLAND REGIONAL SHOOTING SPORTS PARK |
| BELTRAMI COUNTY AGRICULTURE ASSOCIA | ||||||
| 7223 FAIRGROUNDS RD NW STE 7B | BEMIDJI | MN | 56601 | 410800981 | $7,000 | BELTRAMI COUNTY FAIR CULTURAL AND ECONOM |
| BEMIDJI AREA COMMUNITY FUND | ||||||
| 201 3RD STREET NW | BEMIDJI | MN | 56601 | 411556013 | $10,000 | NW MN DONATION |
| BEMIDJI AREA SCHOOL DISTRICT #31 | ||||||
| 502 MINNESOTA AVENUE | BEMIDJI | MN | 56601 | 416000018 | $90,450 | SCHOOL ACTIVITIES EQUIPMENT & SERVICES |
| BEMIDJI COMMUNITY FOOD SHELF | ||||||
| POBOX 3118 | BEMIDJI | MN | 566193118 | 411494430 | $30,250 | GENERAL FUND DONATION DONATION FOR EXP |
| BEMIDJI COMMUNITY THEATER | ||||||
| 314 BELTRAMI AVENUE | BEMIDJI | MN | 56601 | 411556013 | $8,350 | HOME OF OUR OWN FEASIBILITY STUDY TRAIN |
| BIG SAND LAKE ASSOCIATION | ||||||
| P O BOX 181 | PARK RAPIDS | MN | 564700181 | 411618390 | $9,724 | HUBBARD COUNTY AIS WATERCRAFT INSPECTION |
| BOYS & GIRLS CLUB OF THE BEMIDJI AR | ||||||
| P O BOX 191 | BEMIDJI | MN | 56601 | 810599601 | $21,900 | HOLIDAY MATCHING GIFT NATL FINE ARTS P |
| CENTER CITY HOUSING CORPORATION | ||||||
| 105 A12 W FIRST STREET | DULUTH | MN | 55802 | 363485584 | $20,000 | PARK PLACE APARTMENTS START UP SERVICES |
| CITY OF ADA | ||||||
| P O BOX 32 | ADA | MN | 56510 | 416004912 | $130,837 | ADA AREA EVENTS CENTER |
| CITY OF ARGYLE | ||||||
| P O BOX 288 | ARGYLE | MN | 56713 | 416004940 | $8,379 | SUMMER REC GARDEN CLUB CITY PROJECTS F |
| CITY OF BADGER | ||||||
| P O BOX 193 | BADGER | MN | 56714 | 416008668 | $18,000 | ART WORK FOR HERITAGE WALL VETERANS MEM |
| CITY OF BEMIDJI PARKSRECS DEPARTME | ||||||
| 1351 5TH STREEET NW | BEMIDJI | MN | 56601 | 416004972 | $34,304 | PAUL BUNYAN PARK INCLUSIVE PLAYGROUND |
| CITY OF FERTILE | ||||||
| 101 S MILL STREET | FERTILE | MN | 56540 | 416005154 | $15,000 | SAND HILL CLUBHOUSE FLOOR COVERING WIND |
| CITY OF HALLOCK | ||||||
| P O BOX 336 | HALLOCK | MN | 567280336 | 416005211 | $36,000 | MAIN STREET NATURE-BASED BEAUTIFICATION |
| CITY OF MAHNOMEN | ||||||
| 104 W MADISON AVENUE | MAHNOMEN | MN | 56557 | 416005340 | $11,685 | REUSE OF 2ND FLOOR HISTORIC CITY HALLPU |
| CITY OF ROSEAU | ||||||
| P O BOX 307 | ROSEAU | MN | 56751 | 416005499 | $196,980 | GAZEBO CONCERT SERIES FIRE DEPT S RIV |
| CITY OF STEPHEN | ||||||
| P O BOX 630 | STEPHEN | MN | 56757 | 416005860 | $13,333 | RIVERSIDE GOLF GREEN#3 EXPANSION & REDES |
| CITY OF THIEF RIVER FALLS | ||||||
| 405 3RD STREET E | THIEF RIVER FALLS | MN | 56701 | 416005572 | $9,500 | SAVE THE LOCOMOTIVE ENGINE FUND TRAIN |
| CLEAR WATERS LIFE CENTER | ||||||
| 256 2ND AVENUE SW | CLEARBROOK | MN | 56634 | 770643868 | $26,500 | COMMUNITY ART CLASSES YOUTH CONNECTION |
| CLEARWATER HOSPICE | ||||||
| 212 MAIN AVENUE N | BAGLEY | MN | 56621 | 416005779 | $34,737 | 2017 ON CALL EXPENSES HOSPICE EXPENSES |
| CROOKSTON ISD #593 | ||||||
| 402 FISHER AVENUE S | CROOKSTON | MN | 56716 | 416003279 | $19,333 | SAFETY TRIANING ALIGNMENT SUMMITS REIM |
| FACE IT TOGETHER BEMIDJI | ||||||
| 408 BELTRAMI AVENUE | BEMIDJI | MN | 56601 | 474172828 | $12,500 | SUPPORT FOR INDIVIDUALS IMPACTED BY DRUG |
| FAIR MEADOW NURSING HOME | ||||||
| P O BOX 8 | FERTILE | MN | 56540 | 410908403 | $10,000 | APOLLO PROJECTS BATHTUBS |
| FIRST CARE MEDICAL SERVICES FOUNDAT | ||||||
| 900 HILLIGOSS BLVD SE | FOSSTON | MN | 56542 | 410706143 | $8,400 | FIT TRAIL EXERCISE EQUIPMENT INSTALLATIO |
| FISHER INDEPENDENT SCHOOL DIST #600 | ||||||
| 313 PARK AVENUE | FISHER | MN | 56723 | 416003286 | $5,750 | LITTLE KNIGHTS PRESCHOOL SOPHIES COURA |
| FOSSTON COMMUNITY LIBRARY & ARTS AS | ||||||
| P O BOX 73 | FOSSTON | MN | 56542 | 411382174 | $9,602 | RIGHT SIDE OF THE ARTS III LIBRARY & AR |
| FOSSTON INDEPENDENT SCHOOL DIST #60 | ||||||
| 301 E 1ST STREET | FOSSTON | MN | 56542 | 416003330 | $18,132 | DISCOVERING DIVERSITY CYBER SAFETYDIGI |
| FRIENDS OF RYDELL AND GLACIAL RIDGE | ||||||
| 17788 349TH STREET SE | ERSKINE | MN | 56535 | 411869202 | $13,000 | COMPUTER SYSTEM FOR GIFT SHOP AND INTERN |
| HEADWATERS REGIONAL DEVELOPMENT COM | ||||||
| P O BOX 906 | BEMIDJI | MN | 566190906 | 410983661 | $40,000 | YOUTH ENTREPRENEUR DEVELOPMENT PROJECT |
| HEADWATERS SCHOOL OF MUSIC & ARTS | ||||||
| 519 MINNESOTA AVENUE NW | BEMIDJI | MN | 56601 | 411730200 | $18,150 | THEATER CAMPS ART CAMP VOCAL COMPETITI |
| HERITAGE COMMUNITY CENTER | ||||||
| 301 E 4TH STREET | THIEF RIVER FALLS | MN | 56701 | 411454506 | $9,500 | OPERATING FUNDS DONATION SR CITIZEN PR |
| HUBBARD COUNTY REGIONAL ECONOMIC DE | ||||||
| 301 COURT AVENUE | PARK RAPIDS | MN | 56470 | 204208381 | $10,000 | MARKETING & PROGRAM OPERATING EXPENSE |
| INDEPENDENT LIFESTYLES | ||||||
| 215 N BENTON DRIVE | SAUK RAPIDS | MN | 563791530 | 411871141 | $10,000 | CAMP BLISS RETREATS FOR VETERANS AND PEO |
| LAKE OF THE WOODS COUNTY EDA | ||||||
| P O BOX 937 | BAUDETTE | MN | 56623 | 870777353 | $7,000 | LAKE OF THE WOODS COUNTY HOUSING CAPACIT |
| LAO ASSISTANCE CENTER OF MINNESOTA | ||||||
| 503 IRVING AVENUE | MINNEAPOLIS | MN | 55406 | 363255880 | $12,500 | WARROAD LAO ENGAGEMENT PROJECT |
| LIFECARE MEDICAL CENTER | ||||||
| 715 DELMORE DRIVE | ROSEAU | MN | 56751 | 411804205 | $13,500 | STORAGE SHED GREENBUSH MANOR SWIFT MEDI |
| LIFECARE ROSEAU MANOR | ||||||
| 715 DELMORE DRIVE | ROSEAU | MN | 56751 | 411556013 | $6,650 | COMFORT CART PULL BEHIND CUSTOM TRAILER |
| MARSHALL COUNTY CENTRAL SCHOOL DIST | ||||||
| P O BOX 189 | NEWFOLDEN | MN | 56738 | 416002086 | $10,000 | PLAYGROUND EQUIPMENT SUMMER RECREATION |
| MENTAL HEALTH USA | ||||||
| 7899 GRANT CREEK RD NW | BEMIDJI | MN | 56601 | 823266637 | $8,000 | MENTAL HEALTH SUPPORT GROUP LEADER TRAIN |
| MINNESOTA COUNCIL OF NONPROFITS | ||||||
| 2314 UNIVERSITY AVENUE | SAINT PAUL | MN | 55114 | 363501477 | $15,000 | STRENGTHENING NW MN NONPROFIT WORKFORCE |
| MINNESOTA SUPER BOWL HOST COMMITTEE | ||||||
| 101 FIFTH STREET E SUITE | SAINT PAUL | MN | 55101 | 410832480 | $25,000 | 52 WEEKS OF GIVING - NORTHWEST MINNESOTA |
| MISSISSIPPI HEADWATERS AREA DENTAL | ||||||
| 1405 ANNE STREET NW | BEMIDJI | MN | 56601 | 841711812 | $7,000 | FEASIBILITY STUDY FOR SATELLITE CLINIC E |
| NAMELESS COALITION FOR THE HOMELESS | ||||||
| P O BOX 353 | BEMIDJI | MN | 56601 | 472472053 | $12,200 | DONATION OPERATING FUNDS FOR WOLFE SHEL |
| NEW ENGLAND AMATEUR SKATING FOUNDAT | ||||||
| P O BOX 6881 | PROVIDENCE | RI | 02940 | 223018121 | $8,000 | SPONSOR EXPENSES FOR KAI KOVAR |
| NORMAN COUNTY WEST DISTRICT 2527-VA | ||||||
| P O BOX 328 | HALSTAD | MN | 56548 | 411692542 | $22,000 | VALLEY INNOVATOIN PROGRAM DIRECTOR POSIT |
| NORTH COUNTRY FOOD BANK INC | ||||||
| 424 N BROADWAY | CROOKSTON | MN | 56716 | 411459758 | $15,000 | MORE HEALTHY FRESH PRODUCE FOR NW MINNES |
| NORTHWEST COMMUNITY ACTION INC | ||||||
| P O BOX 57 312 N MAIN | BADGER | MN | 56714 | 410888567 | $35,000 | ROSEAU COUNTY INMATE TRANSITION PROJECT |
| NORTHWEST TECHNICAL COLLEGE OF BEMI | ||||||
| 905 GRANT AVENUE SE | BEMIDJI | MN | 566014907 | 411687554 | $20,000 | BREEN SCHOLARSHIPS |
| NORTHWOODS INTERFAITH VOLUNTEER CAR | ||||||
| 616 AMERICA AVENUE | BEMIDJI | MN | 56601 | 411993133 | $12,500 | OPTIONS TO STAY AT HOME |
| PARK RAPIDS COMMUNITY DEVELOPMENT C | ||||||
| P O BOX 451 | PARK RAPIDS | MN | 56470 | 452181580 | $10,000 | PARK RAPIDS COMMUNITY BRANDING PROJECT |
| PARK RAPIDS ISD #309 | ||||||
| 301 HUNTSINGER AVENUE | PARK RAPIDS | MN | 56470 | 416001518 | $6,000 | COMMUNITY CAREER COLLABORATION PROJECT |
| PEACEMAKER RESOURCES | ||||||
| 3124 HANNAH AVENUE | BEMIDJI | MN | 56601 | 450507287 | $16,500 | RESPECTFUL COMMUNITIESDONATION |
| REAL GOOD BATH AND BODY LLC | ||||||
| 1605 RADISSON ROAD | CROOKSTON | MN | 56716 | 472482937 | $10,000 | IDEA COMPETITION WINNER |
| RED LAKE BAND OF CHIPPEWA INDIANS | ||||||
| 15484 MIGIZI DRIVE | REDLAKE | MN | 56671 | 410692381 | $10,000 | COMPREHENSIVE LAND USE PLANNING |
| RED LAKE RIVER CORRIDOR JOINT POWER | ||||||
| CROOKSTON CITY HALL | CROOKSTON | MN | 56716 | 416005076 | $10,000 | ENGAGING COMMUNITIES & CREATING COMMON I |
| ROSEAU PARKS & RECREATION FUND | ||||||
| 704 9TH STREET SE | ROSEAU | MN | 56751 | 411556013 | $7,500 | KAYAK DOCK EXERCISE EQUIPMENT FOR TRAIL |
| SANFORD HEALTH FOUNDATION OF NORTHE | ||||||
| 1300 ANNE STREET NW | BEMIDJI | MN | 56601 | 411389317 | $13,600 | HEART CENTER ENBRIDGE MATCH GIFT BAGLE |
| STEPHEN ARTS COUNCIL | ||||||
| PO BOX 403 | STEPHEN | MN | 56757 | 411793245 | $5,559 | PROJECTOR CEILING TILES SHELVING ART |
| STEPHEN-ARGYLE SCHOOL DIST #2856 | ||||||
| P O BOX 68 | STEPHEN | MN | 567570068 | 411843125 | $6,765 | EARLY CHILDHOOD DENTAL NEWORK PIANO BO |
| T DUANE LILLEVOLD DBA SAFE D TRANS | ||||||
| 724 31ST STREET NW | BEMIDJI | MN | 56601 | 477485718 | $10,000 | IDEA COMPETITION WINNER |
| THE NATURE CONSERVANCY | ||||||
| 1101 WEST RIVER PLACE | MINNEAPOLIS | MN | 55415 | 530242652 | $12,500 | GRASSLAND CONSERVATION FELLOWSHIP PROGRA |
| THE WHITE EARTH LAND RECOVERY PROJE | ||||||
| 607 MAIN AVENUE | CALLAWAY | MN | 56521 | 411673625 | $12,500 | INSTITUTIONAL ANALYSIS |
| TREKNORTH JUNIOR AND SENIOR HIGH SC | ||||||
| 2400 PINE RIDGE AVENUE NW | BEMIDJI | MN | 56601 | 352190032 | $6,000 | HARNESSING INNER HERO EMPOWERING AT RIS |
| TRUE FRIENDS | ||||||
| 10509 108TH STREET NW | ANNANDALE | MN | 55302 | 411543013 | $14,200 | CAMP COURAGE |
| WARREN LIVING AT HOMEBLOCK NURSE P | ||||||
| 110 W JOHNSON AVENUE SUITE 1 | WARREN | MN | 56762 | 411392863 | $5,500 | HELPING SENIORS STAY AT HOME LONGER |
| WARREN SENIOR CITIZENS CENTER | ||||||
| 120 E BRIDGE AVENUE | WARREN | MN | 56762 | 410872993 | $6,500 | SENIOR CENTER SOCIALIZATION & HEALTH AW |
| WARROAD COMMUNITY PARTNERS | ||||||
| P O BOX 265 | WARROAD | MN | 56763 | 472039677 | $23,000 | PLAID WALLEYE COMMUNITY BRANDING & MARK |
| WARROAD INDEPENDENT SCHOOL DIST #69 | ||||||
| 510 CEDAR AVENUE | WARROAD | MN | 56763 | 416003720 | $7,675 | ROBOTICS EQUIPMENT RENOVATIONS AND RETO |
| WARROAD INDEPENDENT SCHOOL DISTRICT | ||||||
| 510 CEDAR AVENUE NW | WARROAD | MN | 567632708 | 416003720 | $67,079 | ELEMENTARY SCHOOL PAMUSIC SYSTEMEVERLA |
| WATERMARK ART CENTER | ||||||
| 505 BEMIDJI AVENUE N | BEMIDJI | MN | 566013091 | 411287739 | $180,722 | WATERMARK PROJECT FUND |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 72 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| BUSINESS TECHNICAL ASSISTANCE | 14 | $12,651 |
| IDEA AWARD | 6 | $33,000 |
| SCHOLARSHIP | 238 | $268,900 |
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 | NANCY VYSKOCIL | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $138,853 | BaseCompensationFilingOrgAmt |
| Nontaxable Benefits Filing Org | $22,029 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $160,882 | TotalCompensationFilingOrgAmt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,431,077 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 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. |
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