Area Committees Association Inc
- Assets
- $66.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pengilly, MN
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 41-1948723
Organization Overview
Area Committees Association Inc is located in Pengilly, MN. The organization was established in 2000. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Area Committees Association 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 12/2023, Area Committees Association Inc generated $72.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $77.4k during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Swanstrom President | 0 | $0 | |
Carol Bjorlin Vice Preside | 0 | $0 | |
Darlene Koski Secretary | 0 | $0 | |
Karen Kucza Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,552 |
| Total Program Service Revenue | $51,136 |
| Membership dues | $0 |
| Investment income | $131 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,164 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $1,069 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,045 |
| Total expenses | $77,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,321 |
| Other assets | $0 |
| Total assets | $66,321 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,321 |