Red Wing Property Conservation Fund
- Assets
- $218.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 30-0232185
Organization Overview
Red Wing Property Conservation Fund is located in Saint Paul, MN. The organization was established in 2006. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Wing Property Conservation Fund 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, Red Wing Property Conservation Fund generated $33.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $46.6k during the year ending 12/2021. While expenses have increased by 5.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE AND OPERATION OF HISTORIC TRAIN DEPOT IN RED WING, MN. THE TRAIN DEPOT IS ALSO HOME TO TWO NONPROFIT ORGANIZATIONS THAT RENT SPACE IN THE DEPOT AT BELOW MARKET RATES. THE NONPROFITS ARE RED WING VISITORS AND CONVENTION BUREAU AND RED WING ARTS ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silas B Foot Chair And Treasurer | 1 | $0 | |
Joanne Pohl Board Member | 1 | $0 | |
Arlin Albrecht Vice Chair | 1 | $0 | |
Bill Sweasy Board Member | 1 | $0 | |
Kay Mcdowell Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,403 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,403 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,450 |
| Occupancy, rent, utilities, and maintenance | $24,713 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,400 |
| Total expenses | $46,563 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,599 |
| Other assets | $0 |
| Total assets | $218,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $218,065 |
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