Rural Renaissance Project
- Assets
- $168.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blue Earth, MN
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-0645699
Organization Overview
Rural Renaissance Project is located in Blue Earth, MN. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Renaissance Project 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, Rural Renaissance Project generated $6.0k 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 (51.5%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. 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
ESTABLISHING A PLACE FOR COMMUNITY MEMBERS TO EDUCATE AND EXPRESS ARTISTIC INTERESTS; PROVIDE BUSINESS ADVICE TO START-UP COMPANIES; AND EDUCATE AND PROMOTE RURAL COMMUNITY TALENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janie Hanson President | 10 | $0 | |
Sara Wilson Board Member | 2 | $0 | |
Renee Beattie Treasurer | 1 | $0 | |
Kathryn Mcgill Board Member | 1 | $0 | |
Deanna Lahre Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $965 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,965 |
| 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 | $606 |
| Occupancy, rent, utilities, and maintenance | $18,821 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,953 |
| Total expenses | $28,380 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $567 |
| Other assets | $0 |
| Total assets | $168,751 |
| Total liabilities | $149,751 |
| Net assets or fund balances | $19,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rural Renaissance Project has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Southern Minnesota Initiative Foundation Owatonna, MN PURPOSE: ECONOMIC DEVELOPMENT - THREE SISTERS PROJECT - RENOVATIONS | $10,000 |
Southern Minnesota Initiative Foundation Owatonna, MN PURPOSE: ECONOMIC DEVELOPMENT - THREE SISTERS PROJECT - RENOVATIONS | $10,000 |
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|---|---|---|
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Scott County Regional Authority Bettendorf, IA | $3,455,493 | $3,293,735 |
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Minnesota Association Of Townships St Michael, MN | $4,706,958 | $2,431,395 |
Dakota Business Finance Sioux Falls, SD | $1,006,804 | $1,543,251 |
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Minnesota Trucking Association Brooklyn Center, MN | $2,156,107 | $1,481,093 |
Independent Community Banks Of North Dakota Bismarck, ND | $2,054,460 | $1,393,335 |
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Minocqua Area Chamber Of Commerce Inc Minocqua, WI | $522,112 | $877,439 |