Edina Morningside Rotary Foundation
- Assets
- $110.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edina, MN
- Founding
- 11/1993
- Data as of
- 06/2022
- EIN
- 41-1739293
Organization Overview
Edina Morningside Rotary Foundation is located in Edina, MN. The organization was established in 1993. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edina Morningside Rotary 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 06/2022, Edina Morningside Rotary Foundation generated $139.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $125.3k during the year ending 06/2022. While expenses have increased by 7.3% 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
2022
Describe the Organization's Program Activity:
Part 3
FUNDING PROVIDED TO VARIOUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Laughlin Exec. Director & President | 1 | $0 | |
Jake Ehresmann Treasurer | 2 | $0 | |
Chris Kennedy Secretary | 1 | $0 | |
Bob Seeger Board Member | 1 | $0 | |
Bob Shriver Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,273 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,664 |
| Other Revenue | $4,818 |
| Total Revenue | $139,872 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,532 |
| Total expenses | $125,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,338 |
| Other assets | $0 |
| Total assets | $110,032 |
| Total liabilities | $17,476 |
| Net assets or fund balances | $92,556 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edina Morningside Rotary Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Rotary International Wayzata, MN PURPOSE: OPEN ARMS HOME - AFRICA | $10,000 |
Peer Organizations
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|---|---|---|
Bethany Lutheran Homes Inc La Crosse, WI | $102,810,906 | $37,603,425 |
St Paul Elder Services Inc Kaukauna, WI | $41,952,287 | $25,919,489 |
Benedictine Health Center Minneapolis, MN | $49,837,016 | $24,199,647 |
Veap Inc Bloomington, MN | $8,119,973 | $16,891,199 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Lutheran Sunset Home Grafton, ND | $9,702,843 | $11,539,567 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |