Stockton Area Promotional Group Inc
- Assets
- $50.2k
- Revenue
- $216.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Winona, MN
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 41-1509301
Organization Overview
Stockton Area Promotional Group Inc is located in Winona, MN. The organization was established in 1989. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Stockton Area Promotional Group Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stockton Area Promotional Group 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 12/2022, Stockton Area Promotional Group Inc generated $216.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $218.5k during the year ending 12/2022. While expenses have increased by 17.8% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROMOTION OF THE CITY OF STOCKTON MINNESOTA THROUGH SPONSORING COMMUNITY GROUPS YOUTH PROGRAMS IMPROVING PUBLIC RECREATIONAL AND SPORTING FACILITIES SUPPORTING THE CITY THROUGH PUBLIC WORKS AND IMPROVING PUBLIC RELATIONS.
Describe the Organization's Program Activity:
CITY OF STOCKTON - GRANTS WERE GIVEN IN REGARDS TO OUR MISSION
CITY OF MINNEISKA - GRANTS WERE GIVEN IN REGARDS TO OUR MISSION
STOCKTON DAYS ASSOCIATION - COMMUNITY EVENT FOR ALL AGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Koetz CEO President | Officer | 0 | $0 |
Paul Moore Secretary | Officer | 0 | $0 |
John Smith Treasurer | Officer | 0 | $0 |
Angie Johannes Board Of Directors | Trustee | 0 | $0 |
Katie Ladewig Board Of Directors | Trustee | 0 | $0 |
Stacey Sanderson Board Of Directors | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $215,926 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $215,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,441 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,968 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,153 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $22,438 |
| Information technology | $2,432 |
| Royalties | $0 |
| Occupancy | $34,461 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $7,674 |
| Total functional expenses | $218,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,200 |
| Savings and temporary cash investments | $37,991 |
| Pledges and grants receivable | $0 |
| 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 | $980 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,171 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $8,705 |
| Net assets with donor restrictions | $41,466 |
| 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 | $50,171 |
Grants Awarded
Over the last fiscal year, Stockton Area Promotional Group Inc has awarded $29,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF STOCKTON MN PURPOSE: city projects | $15,000 |
CITY OF MINNEISKA MN PURPOSE: city projects | $14,000 |