Juanita E Schmeeckle Charitable Tr
- Assets
- $13.0m
- Revenue
- $456.9k
- Investments
- $7.3m
- Employees
- 0
- Location
- Fairmont, MN
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-6812360
Organization Overview
Juanita E Schmeeckle Charitable Tr is located in Fairmont, MN. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Juanita E Schmeeckle Charitable Tr 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, Juanita E Schmeeckle Charitable Tr generated $456.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Juanita E Schmeeckle Charitable Tr has awarded 57 individual grants totaling $3,953,946. 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 |
|---|---|---|---|
James M Teubner Trustee | 2 | $12,330 | |
Fred C Krahmer Trustee | 2 | $11,990 | |
Shirley Maschoff Trustee | 2 | $20,270 | |
Profinium Institutional Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $172,642 |
| Net Rental Income | $129,429 |
| Net Gain on Sale of Assets | $127,411 |
| Capital Gain Net Income | $127,411 |
| Net ST Capital Gain | $0 |
| Income Modifications | $9,543 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $456,917 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,590 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,172 |
| Total operating and administrative expenses | $184,582 |
| Contributions, gifts, grants paid | $1,021,729 |
| Total expenses and disbursements | $1,206,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $126,337 |
| 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 | $5,619,500 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,263,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,009,122 |
| 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, Juanita E Schmeeckle Charitable Tr has awarded $1,021,729 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION 169 PURPOSE: RESTORATIVE ARTS PROJECT | $10,000 |
APPLE TREE DENTAL PURPOSE: APPLE TREE DENTAL FAIRMONT CENTER | $371,834 |
CREST PURPOSE: SERVICES FOR ALL | $20,020 |
MARTIN COUNTY WEST BOOSTER CLUB PURPOSE: PRESCHOOL | $20,000 |
MARTIN COUNTY WEST BOOSTER CLUB PURPOSE: BASIC GUITAR SKILLS CLASS INSTRUMENTS | $9,000 |
OPEN ARTS MINNESOTA PURPOSE: AKTION CLUB THEATRICAL PRESENTATION | $3,000 |