Minnesota State Auctioneers Foundation
- Assets
- $175.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 04/2009
- Data as of
- 02/2022
- EIN
- 26-3754367
Organization Overview
Minnesota State Auctioneers Foundation is located in St Cloud, MN. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota State Auctioneers 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 02/2022, Minnesota State Auctioneers Foundation generated $141.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $44.7k during the year ending 02/2022. While expenses have increased by 10.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Imholte Executive Vi | 1 | $14,400 | |
Isaac Schultz President | 1 | $0 | |
Glenn Trautman Vice Preside | 1 | $0 | |
Brooke Gillespie Director | 1 | $0 | |
Ray Caruso Director | 1 | $0 | |
Andrew Jossund Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $54,387 |
| Other Revenue | $6,906 |
| Total Revenue | $141,711 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,770 |
| Professional fees and other payments to independent contractors | $2,710 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $44,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,151 |
| Other assets | $0 |
| Total assets | $175,151 |
| Total liabilities | $10 |
| Net assets or fund balances | $175,141 |
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