Minneapolis Auto Club Foundation For Safety
- Assets
- $336.6k
- Revenue
- $2.7k
- Investments
- $304.6k
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 01/1988
- Data as of
- 11/2023
- EIN
- 36-3552554
Organization Overview
Minneapolis Auto Club Foundation For Safety is located in Minneapolis, MN. The organization was established in 1988. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, 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. Minneapolis Auto Club Foundation For Safety 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 11/2023, Minneapolis Auto Club Foundation For Safety generated $2.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $34.2k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH ENDEAVORS INCLUDED BIKE SAFETY PRESENTATIONS TO LOCAL POLICE PROGRAMS, CARFIT PROGRAM, CHILDREN FIRST ICE CREAM SOCIAL/BIKE HELMET FITTING, AND TRAFFIC SAFETY PRESENTATIONS TO STUDENTS AND ORGANIZATIONS THROUGHOUT HENNEPIN COUNTY A GRANT PROGRAM IS IN PLACE TO PROVIDE FUNDING TO SCHOOLS AND ORGANIZATIONS TO SUPPORT TRAFFIC SAFETY INITIATIVES THE FOUNDATION'S EXPERTISE AND RESOURCES ALSO BENEFIT SEVERAL METRO AREA COALITIONS THROUGH ITS INVOLVEMENT ON PLANNING COMMITTEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tae Kim President & CEO | 1 | $0 | |
Bill Popp Chair | 1 | $0 | |
Monica Murphy Vice Chair | 1 | $0 | |
Dawn Fields Secretary/treasurer | 1 | $0 | |
Melissa Albers Director | 1 | $0 | |
John C Beuerlein Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,986 |
| Interest on Savings | $71 |
| Dividends & Interest | $8,982 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,383 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,454 |
| Total operating and administrative expenses | $34,217 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $34,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,804 |
| Savings and temporary cash investments | $28,195 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $336,561 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $30,016 |
| Total liabilities | $30,016 |
Grants Awarded
Over the last fiscal year, Minneapolis Auto Club Foundation For Safety has awarded $14,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF SAINT LOUIS PARK PURPOSE: GENERAL SUPPORT | $1,000 |
CITY OF NEW HOPE PURPOSE: GENERAL SUPPORT | $975 |
CITY OF SHOREWOOD PURPOSE: GENERAL SUPPORT | $500 |
CITY OF SPRING LAKE PARK PURPOSE: GENERAL SUPPORT | $500 |
EDINA POLICE DEPARTMENT PURPOSE: GENERAL SUPPORT | $2,000 |
EDISON SAFETY COUNCIL PURPOSE: GENERAL SUPPORT | $500 |