Automotive Recyclers Of Minnesota Foundation
- Assets
- $58.1k
- Revenue
- $16.1k
- Investments
- $57.6k
- Employees
- 0
- Location
- Fridley, MN
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 41-1765302
Organization Overview
Automotive Recyclers Of Minnesota Foundation is located in Fridley, MN. The organization was established in 1995. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Automotive Recyclers Of Minnesota 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 12/2022, Automotive Recyclers Of Minnesota Foundation generated $16.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $42.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE POST SECONDARY EDUCATION SCHOLARSHIPS TO INDIVIDUALS INTERESTED IN PURSUING A VARIETY OF CAREERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Garrity Immediate Past President | 1 | $0 | |
Pat Huesers Secretary Treasurer | 1 | $0 | |
Kelly Salseg Executive Director | 5 | $0 | |
Brenda Misgen Vice President | 1 | $0 | |
Derek Haluptzok President | 1 | $0 | |
Jen Becker Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $877 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,208 |
| Capital Gain Net Income | $15,208 |
| Net ST Capital Gain | $2,278 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $147 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,954 |
| Total operating and administrative expenses | $35,791 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $42,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $436 |
| Savings and temporary cash investments | $0 |
| 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 | $57,642 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,078 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Automotive Recyclers Of Minnesota Foundation has awarded $7,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL HUESERS PURPOSE: SCHOLARSHIP | $1,000 |
JEREMIAH KARELS PURPOSE: SCHOLARSHIP | $1,000 |
RYAN RUDD PURPOSE: SCHOLARSHIP | $1,000 |
JOSEPHINE MEYER PURPOSE: SCHOLARSHIP | $1,000 |
EZEKIEL KARELS PURPOSE: SCHOLARSHIP | $1,000 |
MAXWELL MEYER PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Prairies Land Trust Sioux Falls, SD | $412,239 | $563,527 |
United Prairie Foundation Incorporated Sheldon, ND | $210,456 | $264,661 |
Reuse Minnesota St Louis Park, MN | $65,246 | $0 |
Berlin Conservation Club Inc Berlin, WI | $546,415 | $137,456 |
Badlands Conservation Alliance Bismarck, ND | $148,735 | $0 |
Wisconsin Onsite Water Recycling Association Inc Germantown, WI | $46,434 | $0 |
Automotive Recyclers Of Minnesota Foundation Fridley, MN | $58,078 | $16,085 |
Dynamic Family Solutions New Hope, MN | $0 | $0 |
Sustainable Operations And Recycling Inc Wisconsin Rapids, WI | $0 | $603 |