Anoka Hennepin Credit Union Spirit Foundation

Organization Overview

Anoka Hennepin Credit Union Spirit Foundation is located in Coon Rapids, MN. The organization was established in 2016. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Anoka Hennepin Credit Union Spirit Foundation 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, Anoka Hennepin Credit Union Spirit Foundation generated $33.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $20.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION SUPPORTS LOCAL ORGANIZATIONS WHICH PROVIDE SAFETY, HEALTH, NOURISHMENT, EDUCATION, OR INSPIRATION TO YOUNG ADULTS IN LOCAL COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GAVE BACK 5% OF INTERCHANGE INCOME TO 8 LOCAL HIGH SCHOOLS THAT WERE PART OF THE SPIRIT DEBIT CARD REWARDS PROGRAM. THE HIGH SCHOOLS INCLUDED: ANDOVER HIGH SCHOOL, ANOKA HIGH SCHOOL, BLAINE HIGH SCHOOL, CENTENNIAL HIGH SCHOOL, CHAMPLIN PARK HIGH SCHOOL, COON RAPIDS HIGH SCHOOL, FOREST LAKE HIGH SCHOOL AND ANOKA HENNEPIN SCHOOL DISTRICT.


GRANTED SIX $1,000 COLLEGE SCHOLARSHIPS TO STUDENTS OF SCHOOLS PARTICIPATING IN THE SPIRIT PROGRAMS.


GRANTED $500 TO COON RAPIDS H.S. BOYS SOCCER BOOSTER CLUB (NETGIVER MATCH).


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Board, Officers & Key Employees

Name (title)Compensation
Terry Anderson
President
$0
Jim Gaffney
President (thru 09/2023)
$0
Todd Proulx
Secretary
$0
Jeff Claussen
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$21,460
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$17,791
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$39,251
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$7,175
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $33,076

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