Welch Center Inc
- Assets
- $320.0k
- Revenue
- $366.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Duluth, MN
- Founding
- 01/1983
- Data as of
- 12/2021
- EIN
- 41-0850223
Organization Overview
Welch Center Inc is located in Duluth, MN. The organization was established in 1983. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Welch Center Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welch Center 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, Welch Center Inc generated $366.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $350.6k during the year ending 12/2021. 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
TO PROVIDE YOUTH RECREATION AND EDUCATION PROGRAMS WITH THE INTENT TO HAVE POSITIVE EXPERIENCES AND MEET FRIENDS WITH THE INTENT OF DETERING BAD BEHAVIOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL DEVELOPMENT/REHABILITATION PROGRAM: PROVIDES OPPORTUNITIES FOR YOUTH TO FILL THEIR LEISURE TIME WITH POSITIVE EXPERIENCES, MEET FRIENDS WITH THE INTENT OF DETERING BAD BEHAVIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Salgy Executive Di | Officer | 40 | $72,000 |
Erin Maniak Secretary | OfficerTrustee | 1 | $0 |
Eric Montgomery President | OfficerTrustee | 1 | $0 |
Kris Ridgewell Treasurer | OfficerTrustee | 1 | $0 |
Mark Connor Board | Trustee | 1 | $0 |
Pat Anscomb Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $254,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,985 |
| Total Program Service Revenue | $0 |
| Investment income | $961 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $57,669 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,223 |
| 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. | $72,000 |
| Compensation of current officers, directors, key employees. | $14,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,801 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,501 |
| Payroll taxes | $14,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,951 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,839 |
| Insurance | $13,675 |
| All other expenses | $0 |
| Total functional expenses | $350,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,670 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,135 |
| 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 | $12,355 |
| Net Land, buildings, and equipment | $12,817 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $319,977 |
| Accounts payable and accrued expenses | $6,828 |
| 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 | $6,828 |
| Net assets without donor restrictions | $313,149 |
| Net assets with donor restrictions | $0 |
| 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 | $319,977 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Welch Center Inc has recieved totaling $104,667.
| Awarding Organization | Amount |
|---|---|
Second Harvest Northern Lakes Food Bank Duluth, MN PURPOSE: FEEDING PEOPLE IN NEED | $61,671 |
Second Harvest Northern Lakes Food Bank Duluth, MN PURPOSE: FEEDING PEOPLE IN NEED | $42,696 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boys & Girls Club Of The Red River Valley Fargo, ND | $3,157,956 | $2,887,070 |
Freedom For Youth Ministries Des Moines, IA | $3,745,728 | $1,950,742 |
Boys & Girls Brigade Association Inc Neenah, WI | $11,560,870 | $1,538,750 |
Boys Club Of Duluth Duluth, MN | $4,647,293 | $2,039,769 |
Prior Lake Athletics For Youth Prior Lake, MN | $644,847 | $1,334,397 |
Ice Sports Association Sioux Falls, SD | $8,319,597 | $1,512,869 |
Hospitality House Youth Development Minneapolis, MN | $1,783,481 | $1,547,963 |
Metro Baseball League Burnsville, MN | $1,745,759 | $1,618,007 |
Lighthouse Youth Center Inc Milwaukee, WI | $1,875,009 | $1,175,463 |
Fargo Youth Baseball Fargo, ND | $1,472,132 | $1,101,711 |
Project Youth Inc Rock Valley, IA | $4,060,122 | $1,703,907 |
Urban Boatbuilders Inc St Paul, MN | $529,785 | $733,218 |