Minnesota Counties Foundation Inc
- Assets
- $1.6m
- Revenue
- $389.9k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 03/1972
- Data as of
- 12/2021
- EIN
- 23-7169283
Organization Overview
Minnesota Counties Foundation Inc is located in St Paul, MN. The organization was established in 1972. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Counties Foundation Inc 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 12/2021, Minnesota Counties Foundation Inc generated $389.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $456.0k during the year ending 12/2021. While expenses have increased by 32.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MINNESOTA COUNTIES FOUNDATION IS A NONPARTISAN, 501(C)(3) ORGANIZATION DEDICATED TO THE PURSUIT OF COUNTY GOVERNANCE THROUGH RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS AND/OR RELATED ORGANIZATIONS AT THE COUNTY LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Schulte Immediate Past President | OfficerTrustee | 0.1 | $0 |
Rich Sve President | OfficerTrustee | 0.1 | $0 |
Todd Patzer 1st Vice President | OfficerTrustee | 0.1 | $0 |
Larry Lindor Secretary/treasurer | OfficerTrustee | 0.1 | $0 |
Mary Jo Mcguire 2nd Vice President | OfficerTrustee | 0.1 | $0 |
Julie Ring Executive Director | Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $379,490 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $387,274 |
| Total Program Service Revenue | $0 |
| Investment income | $2,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500 |
| 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 | $66,488 |
| 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 | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,167 |
| 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 | $2,256 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,560 |
| All other expenses | $0 |
| Total functional expenses | $456,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $716,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $862,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,578,710 |
| Accounts payable and accrued expenses | $89,273 |
| 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 | $0 |
| Total liabilities | $89,273 |
| Net assets without donor restrictions | $1,333,958 |
| Net assets with donor restrictions | $155,479 |
| 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 | $1,578,710 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Counties Foundation Inc has recieved totaling $61,000.
| Awarding Organization | Amount |
|---|---|
Sauer Family Foundation St Paul, MN PURPOSE: BUILDING STRONG FAMILY RELATIONSHIPS | $61,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enterprise Minnesota Inc Minneapolis, MN | $3,826,977 | $6,487,386 |
Mdi Government Service Inc Minneapolis, MN | $19,795,088 | $3,429,739 |
Take Action Minnesota St Paul, MN | $4,506,390 | $5,645,218 |
Southwest Wisconsin Workforce Development Board Inc Platteville, WI | $1,656,815 | $4,473,102 |
Iowa City Downtown Self Supported Municipal Improvement District Iowa City, IA | $210,596 | $1,321,560 |
Northwest Wisconsin Workforce Investment Board Inc Ashland, WI | $182,049 | $1,341,214 |
Wisconsin Towns Association Inc Shawano, WI | $3,345,018 | $1,622,809 |
Re Power Minneapolis, MN | $1,591,864 | $1,130,366 |
Organization Of Miso States Inc Madison, WI | $625,865 | $1,005,676 |
Superior-Douglas County Visitor Bureau Inc Superior, WI | $87,890 | $321,136 |
Women Winning Saint Paul, MN | $926,621 | $624,847 |
Intra-City Parishes Of Manitowoc Inc Madison, WI | $681,961 | $545,814 |