Region Nine Area Inc
- Assets
- $50.3k
- Revenue
- $108.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 06/2003
- Data as of
- 06/2021
- EIN
- 06-1666219
Organization Overview
Region Nine Area Inc is located in Mankato, MN. The organization was established in 2003. According to its NTEE Classification (T31) the organization is classified as: Community 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. Region Nine Area 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 06/2021, Region Nine Area Inc generated $108.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $133.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SERVE THE CITIZENS OF THE REGION THROUGH ACCESSING RESOURCES IN SUPPORT OF REGION NINE DEVELOPMENT COMMISSION, LOCAL GOVERNMENTS AND OTHER COMMUNITY ORGANIZATIONS THAT SERVE THOSE NEEDS. ALSO TO IMPROVE SERVICES IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN ACTIVITIES HAVE BEEN TO SPONSOR GRANTS TO ASSIST IN FINANCIAL LITERACY AND DEI WORK. THE FINANCIAL LITERACY PROJECT IS A SCHOOL-BASED PROGRAM FUNDED BY A GRANT FROM A LARGE INSURANCE COMPANY'S FOUNDATION.THE DEI WORK HAS BEEN FUNDED THROUGH A GRANT FROM THE BLUE CROSS BLUE SHIELD FOUNDATION. COMMUNITY WORK SESSIONS WERE AND CONTINUE TO BE CONDUCTED TO DISCOVER AND IMPLEMENT WAYS TO MAKE THE INVOLVED COMMUNITIES MORE WELCOMING TO DIVERSE POPULATIONSRNAI CONTINUES TO PROVIDE GRANT SPONSORSHIP FOR THE LOCAL ART COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Rohlfing Chair | OfficerTrustee | 0.5 | $0 |
Phil Schafer Vice Char | OfficerTrustee | 0.5 | $0 |
Gary Sturm Secretary | OfficerTrustee | 0.5 | $0 |
Marie Dranttel Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,238 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,501 |
| Grants and other assistance to domestic individuals. | $3,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,941 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $133,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,602 |
| Savings and temporary cash investments | $1,667 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,269 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $12,391 |
| Net assets with donor restrictions | $37,878 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,269 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Region Nine Area Inc has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Bcbsm Foundation Inc St Paul, MN PURPOSE: WELCOMING COMMUNITIES PROJECT | $100,000 |
Bcbsm Foundation Inc St Paul, MN PURPOSE: COVID-19 RESPONSIVE GRANTS 2020 - SUPPORTING RELC WELCOMING COMMUNITIES PROJECT AREA FOOD SHELVES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Sioux Falls Area Community Foundation Inc Sioux Falls, SD | $264,068,911 | $59,923,672 |
Catholic Community Foundation Of Minnesota St Paul, MN | $510,001,439 | $72,097,381 |
Communitygiving St Cloud, MN | $193,103,222 | $46,523,540 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
3m Open Fund Blaine, MN | $2,792,523 | $13,492,516 |