United Telephone Educational Foundation Inc
- Assets
- $695.6k
- Revenue
- $4.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Langdon, ND
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 45-0414760
Organization Overview
United Telephone Educational Foundation Inc is located in Langdon, ND. The organization was established in 1990. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. United Telephone Educational Foundation 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, United Telephone Educational Foundation Inc generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (41.3%) each year. All expenses for the organization totaled $34.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Telephone Educational Foundation Inc has awarded 150 individual grants totaling $179,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Schommer President | 0.08 | $200 | |
Guy Mitchell Vice President | 0.08 | $200 | |
Michelle Christianson Director | 0.08 | $200 | |
Bev Gage Director | 0.08 | $200 | |
Nancy Belanus Director | 0.08 | $200 | |
Mary Kuchar Director | 0.08 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,028 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $178 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,174 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $34,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $695,618 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $695,618 |
| 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, United Telephone Educational Foundation Inc has awarded $30,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
LIBERTY CLEVELAND PURPOSE: SCHOLARSHIP | $2,000 |
AVAH MARION PURPOSE: SCHOLARSHIP | $1,500 |
JAMES KEPLIN PURPOSE: SCHOLARSHIP | $1,500 |
JOSLYN NORDMARK PURPOSE: SCHOLARSHIP | $1,500 |
HOPE THORLAKSON PURPOSE: SCHOLARSHIP | $1,500 |
BRADLEY MEDLANG PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation Of Montana State University-Billings Billings, MT | $43,347,395 | $13,750,019 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
St Cloud State University Foundation Inc St Cloud, MN | $54,919,652 | $10,818,973 |
Hmong Education Reform Company St Paul, MN | $74,819,992 | $9,901,803 |
University Of Minnesota Foundation Investment Advisors Minneapolis, MN | $2,748,098 | $5,244,210 |
Montana Technological University Foundation Butte, MT | $62,802,705 | $7,987,188 |
People Serving People Inc Charities Minneapolis, MN | $20,919,936 | $5,966,732 |
Flathead Valley Community College Foundation Inc Kalispell, MT | $25,563,626 | $6,206,256 |
Construction Laborers Education And Training Fund Of Mnesota & N Dkota Lino Lakes, MN | $26,851,237 | $7,012,903 |
Mithun Family Foundation Wayzata, MN | $47,067,877 | $8,085,280 |
Friends Of The Hennepin County Library Minneapolis, MN | $7,936,956 | $5,950,054 |