Northland Community College Foundation

Organization Overview

Northland Community College Foundation is located in Thief River Falls, MN. The organization was established in 1977. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northland Community College 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 06/2021, Northland Community College Foundation generated $535.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $758.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE OPPORTUNITIES TO INVEST IN THE EDUCATIONAL EXPERIENCE OF NORTHLAND COMMUNITY AND TECHINICAL COLLEGE'S STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENERAL SCHOLARSHIP SUPPORT AT THE NORTHLAND AND COMMUNITY TECHNICAL COLLEGE.


OPERATION AND MAINTENANCE OF TWO STUDENT HOUSING FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Keith Christensen
President
$0
Wes Stainbrook
Past President
$0
Sara Olson
Secretary
$0
Jill Fritel
Vice President
$0
Jessica Schmiesing
Vice President
$0
Justin Brooks
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $25,000
All other contributions, gifts, grants, and similar amounts not included above$252,430
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$277,430
Total Program Service Revenue$254,235
Investment income $30
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,500
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $535,195

Grants Awarded

Over the last fiscal year, Northland Community College Foundation has awarded $152,154 in support to 2 organizations.

Grant RecipientAmount

NORTHLAND COMMUNITY AND TECHNICAL COLLEGE

PURPOSE: USED BY THE COLLEGE TO PROVIDE SCHOLARSHIPS TO STUDENTS OF THE COLLEGE

$130,013

NORTHLAND COMMUNITY AND TECHNICAL COLLEGE

PURPOSE: USED BY THE COLLEGE TO IMPROVE EQUIPMENT AND FACILITIES

$22,141
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Northland Community College Foundation has recieved totaling $300,583.

Awarding OrganizationAmount
Bill And Margaret Marvin Foundation

Warroad, MN

PURPOSE: PROGRAM SUPPORT

$250,000
Hartz Foundation

Thief River Falls, MN

PURPOSE: SCHOLARSHIPS

$26,800
Beito Foundation

Thief River Falls, MN

PURPOSE: SCHOLARSHIP

$11,000
The Northwest Minnesota Foundation

Bemidji, MN

PURPOSE: TRAINING & EDUCATION

$10,000
Dondelinger Foundation

Mentor, MN

PURPOSE: CHARITABLE

$1,500
Carl And Aune Lind Family Foundation

Eden Prairie, MN

PURPOSE: GENERAL

$1,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,118,070
Earnings$219,172
Admin Expense$14,630
Ending Balance$3,322,612

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