Interfaith Action Of Greater Saint Paul Foundation is located in Saint Paul, MN. The organization was established in 1969. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Action Of Greater Saint Paul Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Interfaith Action Of Greater Saint Paul Foundation generated $136.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $147.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT INTERFAITH ACTION OF GREATER SAINT PAUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERFAITH ACTION OF GREATER SAINT PAUL FOUNDATION (THE FOUNDATION) WAS FORMED AS A 501(C)(3) ORGANIZATION TO MANAGED CONTRIBUTED GIFTS TO FUND THE NEEDS OF INTERFAITH ACTION OF GREATER SAINT PAUL. THE FOUNDATION'S POLICY IS TO GRANT INTERFAITH ACTION NO MORE THAN 5% OF A ROLLING 16 QUARTER MARKET AVERAGE OF PRINCIPAL AND APPRECIATION. THE FOUNDATION DOES PERIODICALLY MAKE ADDITIONAL DISCRETIONARY GRANTS PER ITS DISTRIBUTION POLICY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Misemer President | OfficerTrustee | 1 | $0 |
Roger Katzenmaier Treasurer | OfficerTrustee | 1 | $0 |
Brian Alton Board Member | Trustee | 1 | $0 |
Diane Follmer Board Member | Trustee | 1 | $0 |
James Rubenstein Board Member | Trustee | 1 | $0 |
Betsy Keyes Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $60,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $60,000 |
Total Program Service Revenue | $0 |
Investment income | $23,993 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $51,982 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $135,975 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $117,236 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,331 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,222 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,000 |
All other expenses | $0 |
Total functional expenses | $147,789 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $74,044 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,366,589 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,490,633 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $14,756 |
Total liabilities | $14,756 |
Net assets without donor restrictions | $60,000 |
Net assets with donor restrictions | $1,415,877 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,490,633 |