Sertoma Inc is located in Mankato, MN. The organization was established in 1964. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sertoma 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, Sertoma Inc generated $34.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $36.9k during the year ending 12/2021. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pam Demarce Vice President | 0 | $0 | |
Paul Lokken Vice President | 0 | $0 | |
Corey Kapaun Vice President | 0 | $0 | |
Ron Polzin President | 0 | $0 | |
Britt Waibel Vice President | 0 | $0 | |
Pauline Kruger Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,227 |
Total Program Service Revenue | $0 |
Membership dues | $14,164 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $18,128 |
Other Revenue | $0 |
Total Revenue | $34,522 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $206 |
Other expenses | $14,323 |
Total expenses | $36,880 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,339 |
Other assets | $0 |
Total assets | $33,339 |
Total liabilities | $0 |
Net assets or fund balances | $33,339 |
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