Civic Intelligence

Initiative Foundation

990 • Fiscal year 2023 • EIN 36-3451562

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 12, 2024

Organization ProfileWWW.IFOUND.ORG

View Organization Page

405 First Street SELittle Falls, MN 56345

(320) 632-9255

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.08x

Higher debt load relative to assets than 25% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.84x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

61st percentile

6.7%

Higher net margin than 61% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

19th percentile

$253,592

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

66th percentile

10%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$109,008,159

Up $10,188,798 (+10%) from 2022

Net Assets

Up

$100,558,960

Up $9,147,869 (+10%) from 2022

Liabilities

Up

$8,449,199

Up $1,040,929 (+14%) from 2022

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin61st percentile

Revenue

Down

$10,031,903

Down $8,804,509 (-47%) from 2022

Expenses

Down

$9,362,176

Down $6,904,570 (-42%) from 2022

Net Income

Down

$669,727

Down $1,899,939 (-74%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $48,644,771Liabilities 2010: $6,111,820Net Assets 2010: $42,532,9512010Assets 2011: $47,762,113Liabilities 2011: $4,614,955Net Assets 2011: $43,147,1582011Assets 2012: $54,942,906Liabilities 2012: $4,631,761Net Assets 2012: $50,311,1452012Assets 2013: $60,796,062Liabilities 2013: $4,307,716Net Assets 2013: $56,488,3462013Assets 2014: $62,919,314Liabilities 2014: $5,011,853Net Assets 2014: $57,907,4612014Assets 2015: $61,032,929Liabilities 2015: $4,815,425Net Assets 2015: $56,217,5042015Assets 2016: $63,067,239Liabilities 2016: $3,987,907Net Assets 2016: $59,079,3322016Assets 2017: $74,000,813Liabilities 2017: $7,440,445Net Assets 2017: $66,560,3682017Assets 2018: $71,595,102Liabilities 2018: $7,361,900Net Assets 2018: $64,233,2022018Assets 2019: $81,789,533Liabilities 2019: $5,480,099Net Assets 2019: $76,309,4342019Assets 2020: $95,633,483Liabilities 2020: $7,348,544Net Assets 2020: $88,284,9392020Assets 2021: $108,344,856Liabilities 2021: $8,260,209Net Assets 2021: $100,084,6472021Assets 2022: $98,819,361Liabilities 2022: $7,408,270Net Assets 2022: $91,411,0912022Assets 2023: $109,008,159Liabilities 2023: $8,449,199Net Assets 2023: $100,558,9602023Assets 2024: $114,684,187Liabilities 2024: $8,768,053Net Assets 2024: $105,916,1342024

Highlighted filing

2023

Assets$109,008,159
Liabilities$8,449,199
Net Assets$100,558,960
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $4,919,6022010Expenses 2011: $4,444,2042011Expenses 2012: $4,010,1002012Revenue 2013: $6,989,789Expenses 2013: $5,743,004Net Income 2013: $1,246,7852013Revenue 2014: $7,957,974Expenses 2014: $5,001,709Net Income 2014: $2,956,2652014Revenue 2015: $7,886,304Expenses 2015: $5,862,607Net Income 2015: $2,023,6972015Revenue 2016: $6,922,150Expenses 2016: $5,948,697Net Income 2016: $973,4532016Revenue 2017: $8,640,352Expenses 2017: $7,323,711Net Income 2017: $1,316,6412017Revenue 2018: $9,272,619Expenses 2018: $5,924,226Net Income 2018: $3,348,3932018Revenue 2019: $10,291,225Expenses 2019: $5,230,555Net Income 2019: $5,060,6702019Revenue 2020: $21,753,358Expenses 2020: $15,318,248Net Income 2020: $6,435,1102020Revenue 2021: $30,841,983Expenses 2021: $9,396,701Net Income 2021: $21,445,2822021Revenue 2022: $18,836,412Expenses 2022: $16,266,746Net Income 2022: $2,569,6662022Revenue 2023: $10,031,903Expenses 2023: $9,362,176Net Income 2023: $669,7272023Revenue 2024: $15,215,240Expenses 2024: $15,713,243Net Income 2024: -$498,0032024

Highlighted filing

2023

Revenue$10,031,903
Expenses$9,362,176
Net Income$669,727
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 12, 2024
Return Version
2023v5.1
Gross Receipts
$21,601,219
Mission and Program Overview

Mission

To empower people to build thriving communities and a vibrant region across central minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$57,485,056$64,351,437▲ $6,866,381
Investments Other Securities$16,813,558$18,524,426▲ $1,710,868
Other Notes and Loans Receivable, Net$10,150,378$10,494,986▲ $344,608
Cash and Non-Interest-Bearing Accounts$8,334,391$9,890,703▲ $1,556,312
Pledges and Grants Receivable$3,321,493$2,756,617▼ $564,876
Land, Buildings, and Equipment, Net$1,628,432$1,655,203▲ $26,771
Savings and Temporary Cash Investments$845,968$508,100▼ $337,868
Prepaid Expenses and Deferred Charges$98,154$168,739▲ $70,585
Receivables From Officers Etc-$85,628-
Accounts Receivable$141,931$77,320▼ $64,611
Total Assets$98,819,361$109,008,159▲ $10,188,798
Other Assets Total$0$495,000▲ $495,000
Liabilities
Deferred Revenue$274,143$3,155,428▲ $2,881,285
Escrow Account Liability$1,890,401$2,162,694▲ $272,293
Grants Payable$1,523,812$1,175,407▼ $348,405
Unsecured Notes Loans Payable$2,539,099$1,042,442▼ $1,496,657
Accounts Payable and Accrued Expenses$434,552$486,848▲ $52,296
Mortgage Notes Payable Secured by Investment Property$746,263$426,380▼ $319,883
Total Liabilities$7,408,270$8,449,199▲ $1,040,929
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,433,984$54,486,706▲ $5,052,722
Net Assets With Donor Restrictions$41,977,107$46,072,254▲ $4,095,147
Total Net Assets Fund Balance$91,411,091$100,558,960▲ $9,147,869
Total Liabilities and Net Assets / Fund Balance$98,819,361$109,008,159▲ $10,188,798

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$837,283$1,061,759$1,899,042
Land$768,200-$768,200
Equipment$49,720$359,507$409,227
Other Securities$18,524,426--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$62,579,675$1,343,731▲ $8,675,315$3,251,746$69,346,975
2022$72,319,244$1,382,695▼ $9,069,983$2,052,281$62,579,675
2021$64,386,913$1,795,096▲ $8,436,549$2,299,314$72,319,244
2020$57,801,751$1,470,183▲ $6,930,624$1,815,645$64,386,913
2019$48,811,030$1,250,994▲ $9,932,589$2,192,862$57,801,751
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn BushingerCOO/CFO/treasurer (former)FT$205,443$48,149$253,592
Don HickmanVice President for CommuniFT$145,945$23,567$169,512
Matt VarilekPresident (former)FT$128,810$23,788$152,598
Brian VoerdingPresidentFT$109,471$23,567$133,038
Michele MillerCFOFT$102,859$27,877$130,736

Board Members and Trustees

NameTitle
Kim EllingsonTrustee/chair
David MonroyTrustee/vice-chair
Brett AndersonTrustee
Carrie WillisTrustee
Dan WeberTrustee
Jessica BitzTrustee
Joe MulfordTrustee
Joe Nayquonabe JrTrustee
Julie NelsonTrustee
Kristi WestbrockTrustee
Mateo MackbeeTrustee
Robbyn WackerTrustee
Santo CruzTrustee
Teri HoggarthTrustee
Tim NelsonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$7,171,446
Program Service Revenue
$804,000
Investment Income
$1,931,465
Other Revenue
$124,992
All Other Contributions
$3,785,266
Change in Net Assets
$669,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,292,882
Salaries, Compensation, and Employee Benefits$2,880,051
Other Expenses$2,189,243
Total Fundraising Expense$534,395
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,040,132--$4,040,132
Other Salaries and Wages$807,865$425,041$172,546$1,405,452
Current Officers, Directors, Trustees, and Key Employees$266,928$454,433$117,658$839,019
Fees for Services Other$667,414$17,080$54,476$738,970
Other Employee Benefits$195,050$134,639$48,328$378,017
Information Technology$173,098$156,517$29,174$358,789
Grants to Domestic Individuals$252,750--$252,750
Payroll Taxes$77,933$62,433$20,601$160,967
Fees for Service Investment Mgmnt Fees-$103,370-$103,370
Pension Plan Contributions$46,767$37,466$12,363$96,596
Occupancy$53,927$32,118$8,269$94,314
Office Expenses$34,435$22,234$20,024$76,693
Depreciation Depletion$34,097$27,691$7,831$69,619
Fees for Services Legal$44,197$11,032$1,612$56,841
Fees for Services Accounting$400$55,973-$56,373
Advertising$30,655$12,845$5,459$48,959
Interest$30,044--$30,044
Travel$19,834$7,725$2,183$29,742
Other Expenses$21,492$8,368$2,913$21,492
Conferences and Meetings$13,004$3,879$3,460$20,343
Insurance$9,106$8,828$2,273$20,207
Fees for Services Lobbying-$5,000-$5,000
All Other Expenses$-34,287-$-20$-34,307
Total Functional Expenses$7,187,731$1,640,050$534,395$9,362,176
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Asc Aquisition LLCSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$199,000
Midnight Real Estate LLCMinneapolis, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$199,000
Oberg Roofing & Remodeling IncSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$195,000
R & L Repair IncSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$168,300
Eight05 Laurel LLCWalker, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$119,999
L Mack StewartGranbury, TXSchool DistrictDeed Main Street Economic Revitalization Project Grant$100,740
Viva Tobacco & More LLCLong Prairie, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$100,000
Central Mn Re-entry ProjectSt Cloud, MNUnit of GovernmentTo Help the Formerly Incarcerated Find Housing, Develop Life Skills, Gain Credentials in the Construction Field, and Achieve Successful Job Placement in Benton County Over a Three Year Period$80,000
Damsite Supper Club LLCPine River, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$75,000
416 S 6th St LLCBrainerd, MNSchool DistrictDeed Main Street Economic Revitalization Project Grant$70,117
Teeny Bubbles IncBrainerd, MNSchool DistrictDeed Main Street Economic Revitalization Project Grant$69,767
David Koop EnterprisesSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$67,560
Moxie Ladies LLCSauk Rapids, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$59,858
Waseka Hospitality IncSt Cloud, MNSchool DistrictDeed Main Street Economic Revitalization Project Grant$54,450
Tba Entertainment LLC (dba Pioneer Place on 5th)St Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$54,000
Jaime NoyolaSt Cloud, MNUnit of GovernmentDeed Main Street Economic Revitalization Project Grant$52,500
Brainerd Family YmcaBrainerd, MN501(c)(3)Transformative Funding for Nonprofits$50,000
Hidalgo Investment CompanyBrowerville, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$49,200
Mmrb LLC Dba Pickled LoonSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$47,950
Severson Porter LawBrainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$47,130
Fip Inc (dba First Impression Print & Design)Brainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$44,328
Sherwood Florist & Garden CenterPine River, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$42,600
Grumpys IncCold Spring, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$40,000
Harvester Square LLCOtsego, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$39,637
Mason Orth Pc Mn (dba Chiro Plus Rehab)Little Falls, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$37,347
Brainerd Lakes Area Community FoundationBrainerd, MN501(c)(3)To Support the Mission of the Organization$36,600
Lang Chiropractic Clinic Pa Dba Lakes ChiropracticBrainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$36,000
Lake Region Christian SchoolBaxter, MN501(c)(3)To Support the Mission of the Organization$32,000
Quality Express IncSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$30,796
Salem Lutheran Church of Deerwood MinnesotaDeerwood, MN501(c)(3)To Support the Mission of the Organization$30,700
Lincoln Evangelical Free ChurchCushing, MN501(c)(3)To Support the Mission of the Organization$30,000
The LinkMinneapolis, MNUnit of GovernmentTo Support the Mission of the Organization$30,000
Tof Acquisition (dba Tavern on First Llc)Little Falls, MNUnit of GovernmentDeed Main Street Economic Revitalization Project Grant$30,000
PILLAGER SCHOOL DISTRICT (ISD #116)Pillager, MNUnit of GovernmentTo Support Higher Education$26,850
Winners Sports Bar & GrillCold Spring, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$26,373
City of WadenaWadena, MN501(c)(3)To Support the City of Wadena Library.$25,000
Greater St Cloud Development CorporationSt Cloud, MN501(c)(3)To Provide Annual Support to the Largest Economic Development Entity in Central Minnesota$25,000
Lazarus ProjectMendota Heights, MN501(c)(3)To Support the Mission of the Organization.$25,000
The Barclay LlpPequot Lakes, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$25,000
LITTLE FALLS COMMUNITY SCHOOL DISTRICT (ISD #482)Little Falls, MNUnit of GovernmentTO PROVIDE THREE $3,000 SCHOLARSHIPS AND SIX $2,600 SCHOLARSHIPS TO ELIGIBLE GRADUATING SENIORS FROM LITTLE FALLS HIGH SCHOOL$24,600
ELK RIVER SCHOOL DISTRICT (ISD #728)Elk River, MN501(c)(3)To Provide Student Scholarships to Graduating Seniors From the Elk River School District$22,500
The Wenner CompanyCold Spring, MNUnit of GovernmentDeed Main Street Economic Revitalization Project Grant$21,672
Marydale Inc LLCPequot Lakes, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$21,442
Jcbahr Enterprises LLC (dba Anderson Dry Cleaners)Brainerd, MNUnit of GovernmentDeed Main Street Economic Revitalization Project Grant$21,000
Kari Crimmins (dba North Pointe Realty Advantage Llc)Pine River, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$20,698
Lake Region Christian SchoolBaxter, MN501(c)(3)To Support the Mission of the Organization$20,000
Tequilatown Cuisine & ClubSt Cloud, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$18,591
Pueringer InvestmentsBrainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$18,192
Music General IncBrainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$18,000
Chavez Event Center LLCLong Prairie, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$17,359
Klick FoundationGlenwood, MNUnit of GovernmentDeed Main Street Economic Revitalization Project Grant$16,000
Hoffman Law PllcLong Prairie, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$15,510
City of Elk RiverElk River, MN501(c)(3)To Support Coordination and Planning for Hosting an Electric Vehicle Day$15,000
Crosby-ironton Public Schools Foundation Dba Cuyuna Lakes Education FoundatDeerwood, MN501(c)(3)To Support the Mission of the Organization$15,000
Environmental InitiativeMinneapolis, MN501(c)(3)To Support Stipends to Representatives of Underserved Communities to Participate in the Design and Rulemaking Phase of Community Grantmaking Reforms Associated With the Natural Resource and Environmental Trust Fund$15,000
Heritage ChurchBaxter, MNSchool DistrictTo Support the Mission of the Organization$15,000
Pine City School DistrictPine City, MN501(c)(3)To Support One Post-secondary Education Scholarship for a Senior Graduate of Pine City High School Enrolled in an Accredited Higher Education Program$15,000
Rice Quick Clean Car Wash IncBrainerd, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$15,000
The Outreach Program of Brainerd LakesNisswa, MN-To Increase Food Security$15,000
Verndale Family Life Church of the Assemblies of GodVerndale, MN501(c)(3)To Provide Tuition Assistance for Students Enrolled at Verndale Area Christian Academy$15,000
Wright County Community Action IncMaple Lake, MN501(c)(3)To Provide Technology Support to the Organization$15,000
Zkr Investments Ltd (dba Guidepoint Pharmacy)Pine River, MN501(c)(3)Deed Main Street Economic Revitalization Project Grant$15,000
Long Prairie LumberLong Prairie, MN-Deed Main Street Economic Revitalization Project Grant$14,924
Whitefish Area Property Owners AssociationCrosslake, MN-To Support the Mission of the Organization$14,900
Moores Properties IncBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$14,400
Blooming Kids Child Care CenterSt Cloud, MN-Deed Main Street Economic Revitalization Project Grant$14,322
Yesterdays GoneBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$13,632
Side Bar & Grill IncCold Spring, MN-Deed Main Street Economic Revitalization Project Grant$13,500
Mmrb LLC Dba Pickled LoonSt Cloud, MN-Deed Main Street Economic Revitalization Project Grant$13,230
Longville Area Community FoundationLongville, MN-To Support the Mission of the Organization$13,200
Arc Electrical ServiceBrowerville, MN-Deed Main Street Economic Revitalization Project Grant$12,900
EDITA'S RESTAURANTLong Prairie, MN-Deed Main Street Economic Revitalization Project Grant$12,750
L & M Properties of Cold Spring LLCCrosslake, MN-Deed Main Street Economic Revitalization Project Grant$12,690
Lpdq LLC (dba Long Prairie Dairy Queen)Long Prairie, MN-Deed Main Street Economic Revitalization Project Grant$12,598
Chavez Mexican Restaurant IncLong Prairie, MN-Deed Main Street Economic Revitalization Project Grant$12,412
Friends of Sherburne National Wildlife Refuge IncZimmerman, MN-To Support the Amphitheater Project$12,100
Friends of Pine Grove ZooLittle Falls, MN-To Support the Mission of the Organization$12,000
Golfers Organized for Little Falls GolfLittle Falls, MN-To Support Golf in Little Falls$12,000
Wagner Holdings LLCPillager, MN-Deed Main Street Economic Revitalization Project Grant$11,760
Camp Shamineau of the Evangelical Free ChurchMotley, MN-To Support the Mission of the Organization$11,000
Camp Shamineau of the Evangelical Free ChurchMotley, MN-To Support the Mission of the Organization$11,000
Emily Rader (dba Black Sheep Design & Gift)Pine River, MN-Deed Main Street Economic Revitalization Project Grant$10,020
Anderson CenterSt Cloud, MN-To Provide Cost-share Scholarships to Private and Nonprofit Sector Managers$10,000
Brainerd Lakes Area Chamber of Commerce Education AssociationBrainerd, MN-To Support Initial Communication and Outreach to Help Establish a Self-sustaining Local Young Professionals Network to Serve the Greater Brainerd Lakes Area.$10,000
Brainerd Lakes Area Economic Development Corporation (blaedc)Brainerd, MN-To Provide the Blaedc Staff With Tools and Resources to Respond to Any and All Crow Wing County Businesses Requests for Economic Patterns So They Are Able to Make Informed Decisions Regarding Future Growth and Activities$10,000
Brainerd Lakes Area Economic Development Corporation (blaedc)Brainerd, MN-To Support a Feasibility Study to Assess Potential Uses for the Existing Baxter City Hall$10,000
Chisago CountyCenter City, MN-To Support Community Engagement and Strategic Planning to Support Economic Development in Chisago County$10,000
Chisago County EdaNorth Branch, MN-To Support Implementation of the Strategic Plan to Improve Quantity of Quality, Affordable, Economically Sustainable Child Care in Chisago County$10,000
Christ the King Catholic ChurchBrowerville, MN-To Support the Mission of Christ the King Catholic Church and School$10,000
City of MonticelloMonticello, MN-To Provide Partial Funding for Environmental Investigations That Will Provide an Understanding of Next Steps to Move Forward With a Redevelopment Project in Downtown Monticello$10,000
Cornell CollegeMount Vernon, IA-To Support the General Operations and Mission of the Organization$10,000
Crosby-ironton Public Schools Foundation Dba Cuyuna Lakes Education FoundatDeerwood, MN-To Improve Educational Opportunities in the Crosby Ironton School District$10,000
Cuyuna Range Food Shelf IncCrosby, MN-To Increase Food Security$10,000
Greater St Cloud Development CorporationSt Cloud, MN-To Support Access to Business Training$10,000
Healing Hearts Horse RanchPerham, MN-To Support the Mission of the Organization$10,000
Isanti County Commission on AgingCambridge, MN-To Support the Senior Center$10,000
Leech Lake Band of OjibweCass Lake, MN-To Support a Feasibility Study and Preliminary Design for a Wild Rice Processing Facility$10,000
Lighthouse BeginningsBaxter, MN-To Support the Mission of the Organization$10,000
Long Prairie Emergency Food PantryLong Prairie, MN-To Increase Food Security$10,000
Lutheran Social Services of MinnesotaSt Paul, MN-To Support the Mission of the Organization$10,000
Morrison County Food ShelfLittle Falls, MN-To Increase Food Security$10,000
Pine CountyPine City, MN-To Support Long Range Community and Economic Development Strategic Planning by the Pine County Board of Commissioners$10,000
Project Share of Wadena IncWadena, MN-To Increase Food Security$10,000
Second Harvest Northern Lakes Food BankDuluth, MN-To Provide Food to Those in Need$10,000
Southern Minnesota Initiative FoundationOwatonna, MN-TO SUPPORT THE MINNESOTA PUBLIC RADIO "RURAL VOICES" FORUM ON MENTAL HEALTH AND SOCIAL ISOLATION, OCTOBER 4, 2023$10,000
Stearns CountySt Cloud, MN-To Hire Minnesota Housing Partnership to Design and Implement an Engagement Process With Key Stakeholders Throughout Stearns County to Identify Priorities for the Htf$10,000
Too Much TalentSt Cloud, MN-For Strategic Planning Convening Board and Community Stakeholders$10,000
Ultimate Success InsightSt Cloud, MN-To Support Strategic Planning and Development of a Sustainable Business Model to Provide Access to Educational Resources and Entrepreneurial Support for Underserved Populations in Greater St. Cloud$10,000
Walker Area Food ShelfWalker, MN-To Increase Food Security$10,000
City of SandstoneSandstone, MN-To Support a Feasibility Assessment and Cost-benefit Analysis of Utilizing Geo-thermal And/or Solar Panel Resources at the Workforce Housing Complex Under Development by the City of Sandstone$9,600
Pueringer InvestmentsBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$8,608
Lutheran Social Services of MinnesotaSt Paul, MN-To Support Crisis Childcare$8,500
Stang Restaurants LLC Dba the Great Blue HeronCold Spring, MN-Deed Main Street Economic Revitalization Project Grant$8,490
Reichert Place of Long Prairie Limited PartnershipSt Augusta, MN-Deed Main Street Economic Revitalization Project Grant$8,085
Pueringer InvestmentsBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$7,927
Tap Wall LLCZimmerman, MN-Deed Main Street Economic Revitalization Project Grant$7,520
Brainerd Family YmcaBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$7,500
Cambridge Isanti School District (isd 911)Cambridge, MN-To Support Learning Recovery$7,500
Mille Lacs Health SystemOnamia, MN-To Support Learning Recovery$7,500
Northern Technology Initiative Dba Gps 4593Isanti, MN-To Support Enhanced Programming and Additional Strategies to Reinvigorate Membership of This Economic Development Organization, Which Serves the Five Counties of East Central Minnesota (pine, Isanti, Chisago, Kanabec, and Mille Lacs)$7,500
Ron Wotljer (dba Woltjer & Associates)Little Falls, MN-Deed Main Street Economic Revitalization Project Grant$7,500
SAINT BENEDICT'S MONASTERYSt Joseph, MN-To Support Benedictine Education$7,500
The Yes NetworkSt Cloud, MN-To Support Learning Recovery$7,500
United Way of Central MinnesotaSt Cloud, MN-To Coordinate Literacy Programs to Happen Within Communities That Predominantly Include Low-income Students, English Learners, Racial and Ethnic Minorities, and Migrant Students$7,500
Verndale Family Life Church of the Assemblies of GodVerndale, MN-To Support Food Security for Vulnerable Children$7,500
Grace United Methodist ChurchPequot Lakes, MN-To Support the Mission of the Organization.$7,000
Northern Waters Land TrustWalker, MN-To Expand an Existing Program Which Explores How Foresters, Farmers and Other Properties Owners Can Gain Financial Benefit From Carbon Sequestration (through the Protection or Restoration of Woody Biomass).$7,000
Dlb Assoc of Cold Spring LLC (dba Cold Spring Bakery)Cold Spring, MN-Deed Main Street Economic Revitalization Project Grant$6,990
MilestonesWaite Park, MN-To Support the Mission of the Milestones Organization$6,900
Gordon Bridge Partners LLC (dba Auto Value)St Cloud, MN-Deed Main Street Economic Revitalization Project Grant$6,100
Copper Cat Escape GamesBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$6,000
GARDINER'S HARDWARE & FURNITUREPine River, MN-Deed Main Street Economic Revitalization Project Grant$6,000
Greg Luberts (dba Luberts Auto Parts Machine Shop)Little Falls, MN-Deed Main Street Economic Revitalization Project Grant$6,000
Hoffman Fitness LLCAvon, MN-Deed Main Street Economic Revitalization Project Grant$6,000
LITTLE FALLS COMMUNITY SCHOOL DISTRICT (ISD #482)Little Falls, MN-To Support Charitable Efforts Within the Little Falls Community School District, Especially the Special Needs of Students at the Lincoln Elementary School.$5,800
J & T FOOD SERVICE LLC (DBA MICKEY'S PIZZA & SUBS)Brainerd, MN-Deed Main Street Economic Revitalization Project Grant$5,511
Community Bowl & PizzeriaPine River, MN-Deed Main Street Economic Revitalization Project Grant$5,400
Pueringer InvestmentsBrainerd, MN-Deed Main Street Economic Revitalization Project Grant$5,058
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,105
Fundraising Direct Expenses$71,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Baef Spring Gala$59,626$33,433$462$32,971
Lrcsef Concert$44,442$29,915$1,850$28,065
Total Events$223,348$112,105$71,104$41,001
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Carrie WillisTrusteeInvestment in Granite Via Investment PortfolioNo$200,000
Rick BauerlyTrustee (former)Investment in Granite Via Investment PortfolioNo$200,000
Carrie WillisTrusteeContributions From Initiative Foundation ProgramNo$120,000
Rick BauerlyTrustee (former)Contributions From If ProgramNo$120,000
Carrie WillisTrusteeGift of Units for FundNo$54,451
Rick BauerlyTrustee (former)Gift of Units for FundNo$54,451
Carrie WillisTrusteeContributions to Donor Advised FundNo$30,749
Rick BauerlyTrustee (former)Contributions to Donor Advised FundNo$30,749

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$85,628-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“Organization updated their bylaws during the year.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is provided to the full board electronically as part of monthly board meeting materials.”

Form 990, Part VI, Section B, Line 12C

“Board meetings begin with a question asking members to disclose any potential conflicts of interest. Business finance commiteee and grant team members are required to disclose potential conflicts of interest prior to discussing grant applications and recuse themselves. Finance approves all payments and considers potential for conflicts of interest. Annually, all donation and payment transactions are reviewed by finance.”

Form 990, Part VI, Section B, Line 15

“A compensation study was conducted by an external firm in 2021. A review of market compensation for comparable foundations plus other minnesota initiative foundations is conducted annually. Market compensation studies are reviewed from the minnesota council on foundations and council of foundations. Shrm resources are also used along with temp agency compensation wage references.”

Form 990, Part VI, Section C, Line 19

“The foundation's financial statements are made available within the annual report or upon request. The foundation's governing documents and conflict of interest policy are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Initiative Foundation
EIN
36-3451562
Phone
3206329255
Address
405 FIRST STREET SE, LITTLE FALLS, MN 56345

Signing Officer

Name
Brian Voerding
Title
President
Phone
3206329255
Signed
2024-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Voerding
Formed
1986
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
33
Volunteers
226

Preparer

Firm
SCHLENNER WENNER & CO CPA'S PA
Address
630 ROOSEVELT RD STE 201, ST CLOUD, MN 56301
Preparer
Michael E Grage
Phone
3202510286
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The foundation holds funds transferred to them from other organizations for investment management purposes. The funds are to be distributed back to these organizations as they request them. The foundation has no variance power over the funds.”

PART V, LINE 4:

“Board designated endowment funds provide program and operating support for the initiative foundation's mission. Specific work donor designated endowment funds develop community resources to enhance the quality of life of individuals and families through various communities in minnesota. Some donor designated endowment funds are also used to provide scholarships for high school students pursuing post secondary education, to award grants that promote various intiatives pursued by the donor, and to support organizations conducting various charitable activities.”

PART X, LINE 2:

“The foundation follows fasb asc topic 740, uncertainty in income taxes. The foundation is recognized by the internal revenue service as a not-for-profit organization under irs code section 501(c)(3). Due to the not-for-profit nature and provision of the foundation, all income and expenses attributable to the mission of the foundation are tax exempt and accordingly no provision or liability for income taxes have been made in the financial statements and contributions to the foundation are tax deductible to donors as allowed by irs regulations. However, the foundation is required to pay state and federal income taxes on unrelated business income. If the foundation were to engage in any activities that resulted in unrelated business income, a tax would be assessed on that activity. The foundation is subject to unrelated business income tax with respect to advertising income and investment in partnerships. The foundation is open and subject to examination generally for three years after the filing date.”

Raw XML AppendixShowing 400 of 2,168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0COMMUNITY CHILD CARE SOLUTIONS: THE CHILD CARE SOLUTIONS PROGRAM PLAYED A CRUCIAL ROLE IN IMPROVING ACCESS TO AFFORDABLE, HIGH-QUALITY CHILD CARE BY SUPPORTING QUALIFIED EARLY CARE PROFESSIONALS. IN 2023, $275,000 WAS ALLOCATED TO PARTNER ORGANIZATIONS TO PROMOTE ECONOMIC GROWTH THROUGH EXPANDED CHILD CARE OPTIONS AND A QUALIFIED EARLY CHILDHOOD WORKFORCE. THE INITIATIVE FOUNDATION PROVIDED FUNDING TO ASSIST 10 COMMUNITIES IN CENTRAL MINNESOTA IN DEVELOPING STRATEGIC PLANS TO ADDRESS THE SHORTAGE OF CHILD CARE. THESE EFFORTS RESULTED IN THE OPENING OF TWO NEW CHILD CARE CENTERS AND SEVERAL FAMILY CHILD CARE BUSINESSES, CREATING OVER 900 NEW CHILD CARE SLOTS IN THE REGION. FURTHERMORE, OVER 250 CHILD CARE PROGRAMS RECEIVED NO-COST BUSINESS TRAINING, COACHING, AND TECHNICAL ASSISTANCE TO IMPROVE THEIR BUSINESS SKILLS. MORE THAN 200 PROFESSIONALS IN CENTRAL MN ALSO RECEIVED SPECIALIZED DEVELOPMENTAL AND SAFETY TRAINING, INCLUDING CPR, FIRST AID, AND CHILD GUIDANCE MENTORING, TO ENHANCE THEIR QUALITY RATING SCORES AND EARNING POTENTIAL. THE THREE LOCAL REGIONAL COMMUNITY COLLEGES COLLABORATED ON EARLY CHILDHOOD WORKFORCE INITIATIVES, ENABLING 69 STUDENTS TO OBTAIN TUITION-FREE CREDENTIALS TO ENTER THE FIELD OR ADVANCE THEIR CAREERS.ENERGY TRANSITION: OUR LONG-STANDING SUPPORT FOR ECONOMIC DIVERSIFICATION ASSOCIATED WITH THE DECOMMISSIONING OF THE SHERBURNE COUNTY COAL GENERATION STATION HELPED LEVERAGE $26 MILLION IN STATE BONDING, WHICH CONTINUES TO YIELD BENEFITS FOR BECKER AND OTHER SURROUNDING COMMUNITIES. WE ALSO SECURED NEW FUNDING FROM THE MCKNIGHT FOUNDATION TO SUPPORT CLEAN ENERGY PILOT PROJECTS THAT BENEFIT THEIR HOSTS ECONOMICALLY. OUR MOST RECENT CLEAN-ENERGY PILOT PROJECT SUPPORTED AN ANALYSIS OF THE COST-BENEFIT OF RENEWABLE ENERGY INVESTMENTS AT ELK RIVER (SHERBURNE COUNTY) AND WALKER (CASS COUNTY) FOOD SHELVES. THIS ANALYSIS WILL HELP BOTH PARTNERS SECURE GRANTS FOR INSTALLATION SO THEY CAN QUICKLY RETIRE ANY DEBT AND GENERATE REVENUE.WE CONTINUE TO SUPPORT THE NORTHERN LANDS AND WATERS TRUST'S EXPLORATION OF USING LAND EASEMENTS TO ENCOURAGE THE RESTORATION OF WOODY BIOMASS IN MARGINAL LANDS, WHICH WOULD CAPTURE CARBON BEFORE IT ENTERS THE ATMOSPHERE. HEALTHY LAKES AND RIVERS PARTNERSHIP (HLRP): FOUNDATION STAFF HAVE PARTICIPATED IN ASSESSMENTS AND ASSISTED IN DEVELOPING RECOMMENDATIONS TO SUPPORT THE REAUTHORIZATION OF THE STATE'S ENVIRONMENT AND NATURAL RESOURCES TRUST FUND (ENRTF), COMMONLY CALLED "THE LOTTERY FUND." THE FUND IS DUE TO EXPIRE IN 2024. SINCE INDIGENOUS PEOPLE ARE OFTEN UNREPRESENTED IN TRADITIONAL CONSERVATION GROUPS, WE HAVE PROVIDED A GRANT SO THAT INDIGENOUS PEOPLE HAVE A VOICE IN THE REAUTHORIZATION DISCUSSIONS. A PRIMARY GOAL OF OUR ENGAGEMENT AND ADVOCACY IS CREATING A "COMMUNITY GRANTMAKING POOL" THAT WILL INCLUDE DIVERSE REPRESENTATION TO OVERCOME THE BARRIERS TO ACCESSING THE CURRENT SYSTEM. REAUTHORIZATION OF THE ENRTF WILL APPEAR ON THE AUTUMN BALLOT AS A REFERENDUM. IT WILL ESTABLISH A $22 MILLION ANNUAL GRANTMAKING POOL TO BETTER SERVE RURAL, BIPOC, AND OTHER COMMUNITIES THAT THIS PROGRAM HAS HISTORICALLY UNDERSERVED.GRANTMAKING: OUR DISCRETIONARY GRANTMAKING IS DISTRIBUTED FROM THE INNOVATION FUND AND THE ECONOMIC DEVELOPMENT FUND. COLLECTIVELY, THESE EFFORTS SUPPORTED NEARLY $400,000 IN 2023 GRANTS. WE ALSO AWARDED OVER $4 MILLION IN MINNESOTA MAIN STREET ECONOMIC REVITALIZATION GRANTS TO BUSINESSES WITHIN QUALIFIED COMMUNITIES. THE INVESTMENTS SERVED AS MATCHING FUNDS TO SPUR PRIVATE REINVESTMENT IN DOWNTOWNS ADVERSELY IMPACTED BY THE PANDEMIC AND ASSOCIATED REGULATIONS. ABOUT ONE-HALF OF THESE FUNDS HAVE BEEN DISTRIBUTED AS PROJECTS ARE COMPLETED.NONPROFIT DEVELOPMENT: THE NONPROFIT ACADEMY SUITE OF PROGRAMS, INCLUDING EXECUTIVE ROUNDTABLE, VIBRANT AND EQUITABLE COMMUNITIES COHORTS, FUNDRAISING SUMMITS, CONTINUOUS IMPROVEMENT, AND VARIOUS SINGLE-DAY TRAININGS AND LUNCHTIME LEARNING SESSIONS, SERVED 129 TOTAL ORGANIZATIONS AND MORE THAN 219 UNIQUE PARTICIPANTS FROM ACROSS THE REG
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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT FOR COMMUNI
IRS990/Form990PartVIISectionAGrp/TitleTxt18COO/CFO/TREASURER (FORMER)
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT (FORMER)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0111243
IRS990/FundraisingDirectExpensesAmt071104
IRS990/FundraisingGrossIncomeAmt0112105
IRS990/GainOrLossGrp/OtherAmt022872
IRS990/GainOrLossGrp/SecuritiesAmt0-164808
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt03274937
IRS990/GrantAmt0435583
IRS990/GrantsPayableGrp/BOYAmt01523812
IRS990/GrantsPayableGrp/EOYAmt01175407
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0252750
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0252750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04040132
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04040132
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt033343
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011322933
IRS990/GrossReceiptsAmt021601219
IRS990/GrossRentsGrp/RealAmt04482
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt029174
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0156517
IRS990/InformationTechnologyGrp/ProgramServicesAmt0173098
IRS990/InformationTechnologyGrp/TotalAmt0358789
IRS990/InsuranceGrp/FundraisingAmt02273
IRS990/InsuranceGrp/ManagementAndGeneralAmt08828
IRS990/InsuranceGrp/ProgramServicesAmt09106
IRS990/InsuranceGrp/TotalAmt020207
IRS990/InterestGrp/ProgramServicesAmt030044
IRS990/InterestGrp/TotalAmt030044
IRS990/InvestmentIncomeGrp/ExclusionAmt02073401
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02073401
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt016813558
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018524426
IRS990/InvestmentsPubTradedSecGrp/BOYAmt057485056
IRS990/InvestmentsPubTradedSecGrp/EOYAmt064351437
IRS990/IRPDocumentCnt0200
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01421266
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01628432
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01655203
IRS990/LandBldgEquipCostOrOtherBssAmt03076469
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010471
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011487741
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EMPOWER PEOPLE TO BUILD THRIVING COMMUNITIES AND A VIBRANT REGION ACROSS CENTRAL MINNESOTA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0746263
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0426380
IRS990/NetAssetsOrFundBalancesBOYAmt091411091
IRS990/NetAssetsOrFundBalancesEOYAmt0100558960
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-141936
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-141936
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt041001
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt041001
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04482
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04482
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08478142
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt049433984
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt054486706
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt08269
IRS990/OccupancyGrp/ManagementAndGeneralAmt032118
IRS990/OccupancyGrp/ProgramServicesAmt053927
IRS990/OccupancyGrp/TotalAmt094314
IRS990/OfficeExpensesGrp/FundraisingAmt020024
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022234
IRS990/OfficeExpensesGrp/ProgramServicesAmt034435
IRS990/OfficeExpensesGrp/TotalAmt076693
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0495000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt048328
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0134639
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0195050
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0378017
IRS990/OtherExpensesGrp/Desc0ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1IQ MAG/ANNUAL REPORT
IRS990/OtherExpensesGrp/Desc2MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt025245
IRS990/OtherExpensesGrp/FundraisingAmt12913
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048717
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14661
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28368
IRS990/OtherExpensesGrp/ProgramServicesAmt0253280
IRS990/OtherExpensesGrp/ProgramServicesAmt1123706
IRS990/OtherExpensesGrp/ProgramServicesAmt225904
IRS990/OtherExpensesGrp/ProgramServicesAmt321492
IRS990/OtherExpensesGrp/TotalAmt0327242
IRS990/OtherExpensesGrp/TotalAmt1128367
IRS990/OtherExpensesGrp/TotalAmt237185
IRS990/OtherExpensesGrp/TotalAmt321492
IRS990/OtherRevenueMiscGrp/BusinessCd0541860
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050599
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt128910
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt050599
IRS990/OtherRevenueTotalAmt079509
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0172546
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0425041
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0807865
IRS990/OtherSalariesAndWagesGrp/TotalAmt01405452
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010150378
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt010494986
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt020601
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt062433
IRS990/PayrollTaxesGrp/ProgramServicesAmt077933
IRS990/PayrollTaxesGrp/TotalAmt0160967
IRS990/PensionPlanContributionsGrp/FundraisingAmt012363
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt037466
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt046767
IRS990/PensionPlanContributionsGrp/TotalAmt096596

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,008,159
Liabilities
$8,449,199
Net assets
$100,558,960
Revenue
$10,031,903
Expenses
$9,362,176
Net income
$669,727
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$8.77$106$15.2$15.7$0.50
2023Detailed filing. Detailed filing data is available for this year.$109$8.45$101$10.0$9.36$0.67
2022Detailed filing. Detailed filing data is available for this year.$98.8$7.41$91.4$18.8$16.3$2.57
2021Detailed filing. Detailed filing data is available for this year.$108$8.26$100$30.8$9.40$21.4
2020Detailed filing. Detailed filing data is available for this year.$95.6$7.35$88.3$21.8$15.3$6.44
2019Detailed filing. Detailed filing data is available for this year.$81.8$5.48$76.3$10.3$5.23$5.06
2018Detailed filing. Detailed filing data is available for this year.$71.6$7.36$64.2$9.27$5.92$3.35
2017Detailed filing. Detailed filing data is available for this year.$74.0$7.44$66.6$8.64$7.32$1.32
2016Detailed filing. Detailed filing data is available for this year.$63.1$3.99$59.1$6.92$5.95$0.97
2015Detailed filing. Detailed filing data is available for this year.$61.0$4.82$56.2$7.89$5.86$2.02
2014Detailed filing. Detailed filing data is available for this year.$62.9$5.01$57.9$7.96$5.00$2.96
2013Detailed filing. Detailed filing data is available for this year.$60.8$4.31$56.5$6.99$5.74$1.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.9$4.63$50.3$4.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.8$4.61$43.1$4.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.6$6.11$42.5$4.92