Anderson Center Inc
- Assets
- $1.0m
- Revenue
- $812.0k
- Investments
- $0.0
- Employees
- 4
- Location
- St Cloud, MN
- Founding
- 02/1999
- Data as of
- 12/2021
- EIN
- 41-1911774
Organization Overview
Anderson Center Inc is located in St Cloud, MN. The organization was established in 1999. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Anderson Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anderson Center 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 12/2021, Anderson Center Inc generated $812.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $677.2k during the year ending 12/2021. While expenses have increased by 0.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE LEADERSHIP AND MANAGEMENT DEVELOPMENT SERVICES THAT FACILITATE ECONOMIC PROGRESS IN GREATER MINNESOTA. OUR VISION IS A KEY CATALYST FOR GROWTH AND ECONOMIC PROSPERITY IN GREATER MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, ANDERSON CENTER PROVIDED LEADERSHIP AND MANAGEMENT DEVELOPMENT TO 734 PARTICIPANTS FROM OVER 30 COMPANIES IN GREATER MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aleisha Gaalswyk Stephens President | Officer | 40 | $105,000 |
Scott Anderson Board Chair | OfficerTrustee | 1 | $0 |
Lee Hanson Director | Trustee | 0.3 | $0 |
Steve Windfeldt Director | Trustee | 0.3 | $0 |
Shelly Bauerly Kopel Director | Trustee | 2 | $0 |
Diana Anderson Director | Trustee | 0.3 | $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 | $75,604 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,604 |
| Total Program Service Revenue | $697,719 |
| Investment income | $15,660 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,978 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $811,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,100 |
| 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. | $107,400 |
| Compensation of current officers, directors, key employees. | $32,220 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,996 |
| Pension plan accruals and contributions | $3,539 |
| Other employee benefits | $2,467 |
| Payroll taxes | $19,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,095 |
| Advertising and promotion | $2,031 |
| Office expenses | $5,676 |
| Information technology | $7,020 |
| Royalties | $0 |
| Occupancy | $28,062 |
| Travel | $520 |
| 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 | $316 |
| Insurance | $4,901 |
| All other expenses | $0 |
| Total functional expenses | $677,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,113 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,000 |
| 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 | $6,438 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $705,788 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,009,339 |
| Accounts payable and accrued expenses | $7,006 |
| Grants payable | $0 |
| Deferred revenue | $102,592 |
| 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 | $109,598 |
| Net assets without donor restrictions | $899,741 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,009,339 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Anderson Center Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Initiative Foundation Little Falls, MN PURPOSE: PROVIDE ANDERSON CENTER FORUM SCHOLARSHIPS TO HELP SUPPORT MANAGEMENT TRAINING TO ENTREPRENEURS AND NONPROFIT LEADERS IN CENTRAL MINNESOTA. | $10,000 |
Endowment Analysis
| Beg. Balance | $563,086 |
| Earnings | $55,370 |
| Net Contributions | $64,354 |
| Ending Balance | $682,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Transitions Chartered School Minneapolis, MN | $28,235,035 | $63,864,968 |
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
College Possible Saint Paul, MN | $23,283,310 | $31,201,183 |
Midwest Dairy Association Saint Paul, MN | $7,228,337 | $23,101,295 |
Und Sports Facilities Inc Grand Forks, ND | $57,543,376 | $14,333,337 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
Wisconsin Center For Manufacturing And Productivity Inc Madison, WI | $1,793,408 | $5,861,220 |
Heritage Christian Schools Inc New Berlin, WI | $9,766,972 | $6,403,349 |
Minnesota Society Of Certified Public Accountants Bloomington, MN | $11,208,207 | $6,449,608 |