The Grand Lodge Of Minnesota I O O F Foundation
- Assets
- $96.6k
- Revenue
- $4.6k
- Investments
- $96.3k
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 11/1995
- Data as of
- 06/2024
- EIN
- 41-1816479
Organization Overview
The Grand Lodge Of Minnesota I O O F Foundation is located in Hutchinson, MN. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Grand Lodge Of Minnesota I O O F 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 06/2024, Grand Lodge Of Minnesota I O O F Foundation generated $4.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $7.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Benesh President | 0 | $0 | |
Brett Rasmussen Vice Preside | 0 | $0 | |
Alex Saloum Secretary | 2 | $0 | |
Lewis Mcferran Treasurer | 2 | $0 | |
Shirley Troska Board Member | 0 | $0 | |
Anna Eells Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200 |
| Interest on Savings | $5 |
| Dividends & Interest | $4,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $410 |
| Capital Gain Net Income | $410 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54 |
| Total operating and administrative expenses | $1,710 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $7,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311 |
| 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 | $96,251 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $96,562 |
| 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, The Grand Lodge Of Minnesota I O O F Foundation has awarded $6,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE DAAK PURPOSE: EDUCATIONAL | $500 |
KATHERINE EDDY PURPOSE: EDUCATIONAL | $500 |
JADIN SCHILLER PURPOSE: EDUCATIONAL | $500 |
KYLIE BRENNY PURPOSE: EDUCATIONAL | $500 |
CAROLINE RASMUSSEN PURPOSE: EDUCATIONAL | $500 |
MALINA SCHILLER PURPOSE: EDUCATIONAL | $500 |