Real Estate Riders
- Assets
- $7.7k
- Revenue
- $9.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Mahtomedi, MN
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-3571386
Organization Overview
Real Estate Riders is located in Mahtomedi, MN. The organization was established in 2018. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Estate Riders 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, Real Estate Riders generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL ESTATE RIDERS SUPPORT OUR TEAM OF BIKE RIDERS IN THEIR EFFORTS TO RAISE DONATIONS TO THE UPPER MIDWEST CHAPTER OF THE NATIONAL MULTIPLE SCLEROSIS SOCIETY DURING THEIR ANNUAL FUND RAISING MS150 RIDE IN MINNESOTA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Niewald President | 2 | $0 | |
Danya Spencer Recording Secretary | 3 | $0 | |
Eugene Eldredge Treasurer | 2 | $0 | |
Julie Niewald Director | 1 | $0 | |
Leroy Bendickson Chairman | 1 | $0 | |
Sheryl Bendickson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,200 |
| Interest on Savings | $0 |
| 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 | $9,200 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,212 |
| Total operating and administrative expenses | $1,412 |
| Contributions, gifts, grants paid | $5,600 |
| Total expenses and disbursements | $7,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,697 |
| Savings and temporary cash investments | $0 |
| 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 | $7,697 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spring Point Project Minneapolis, MN | $7,612,511 | $3,148,339 |
Swine Health Information Center Inc Ames, IA | $4,515,453 | $11,816 |
Ellyn Satter Institute Inc Middleton, WI | $180,616 | $226,356 |
Pks Kids Green Bay, WI | $110,839 | $0 |
Westyns Light Colgate, WI | $26,493 | $0 |
Megan Hoogeveen Memorial Foundation Inc Pella, IA | $6,796 | $0 |
Real Estate Riders Mahtomedi, MN | $7,697 | $9,200 |
Radler Foundation For Innovation And Education Inc Greenfield, WI | $314,744 | $306,688 |
Robinow Syndrome Foundation Anoka, MN | $14,099 | $0 |