Minneapolis University Rotary Service Foundation
- Assets
- $116.8k
- Revenue
- $9.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/1998
- Data as of
- 06/2022
- EIN
- 41-1857937
Organization Overview
Minneapolis University Rotary Service Foundation is located in Minneapolis, MN. The organization was established in 1998. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minneapolis University Rotary Service 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, Minneapolis University Rotary Service Foundation generated $9.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.8%) each year. All expenses for the organization totaled $104.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT AND DISPERSE FUNDS THAT SUPPORT SERVICE PROJECTS WITH ETHICAL STANDARDS AND WHICH PROMOTE EXPERIENCES AND OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MATERNAL HEALTH SERVICES TO RURAL ECONOMICALLY DISADVANTAGED WOMEN IN PALESTINE
PROVIDE AUDIOLOGY TESTING EQUIPMENT AND HEARING AIDS TO LOW INCOME PATIENTS IN SAN FELIPE MEXICO
SUPPORT EDUCATIONAL NEEDS AND SANITATION NEEDS FOR STUDENTS IN UGANDA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Skulstad President | Officer | 2 | $0 |
Carol Cline Hedblom Secretary | Officer | 2 | $0 |
Audrey Westberg Co-Treasurer | Officer | 4 | $0 |
Rich Berkley Co-Treasurer | Officer | 1 | $0 |
Erin Bagniewski Club President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,602 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,602 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,750 |
| Grants and other assistance to domestic individuals. | $1,049 |
| Grants and other assistance to Foreign Orgs/Individuals | $100,586 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Total functional expenses | $103,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,813 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $116,813 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $116,813 |
| Total liabilities and net assets/fund balances | $116,813 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minneapolis University Rotary Service Foundation has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Rotary International Wayzata, MN PURPOSE: MEMORIAL SCHOLARSHIP | $10,000 |
University Of Minnesota Foundation Minneapolis, MN PURPOSE: FUND GRANT TO SUPPORT THE MINNEAPOLIS-UNIVERSITY ROTARY FOUNDATION | $5,000 |
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|---|---|---|
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On With Life Inc Ankeny, IA | $19,447,887 | $18,186,855 |
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Options In Community Living Inc Madison, WI | $7,666,427 | $12,922,524 |
Center City Housing Corporation Duluth, MN | $35,739,418 | $8,813,039 |
Access North Center For Independent Living Of Northeastern Minnesota Hibbing, MN | $4,421,937 | $7,763,537 |
Rural Office Of Community Services Wagner, SD | $1,371,627 | $8,326,343 |
Community Action Partnership Of Hennepin County St Louis Park, MN | $782,204 | $7,196,325 |
Headwaters Foundation For Justice Minneapolis, MN | $27,986,426 | $15,004,954 |
Species360 Minneapolis, MN | $9,065,398 | $6,225,506 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |
Ne South Dakota Community Action Program Inc Sisseton, SD | $10,163,579 | $4,453,271 |