Peoples Cooperative Services Trust
- Assets
- $58.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oronoco, MN
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-8969930
Organization Overview
Peoples Cooperative Services Trust is located in Oronoco, MN. The organization was established in 2007. 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. Peoples Cooperative Services Trust 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, Peoples Cooperative Services Trust generated $92.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $112.0k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE OPERATION ROUND-UP DONATED FUNDS TO FIRE DEPARTMENTS, YOUTH ORGANIZATIONS, SCHOOLS, AND VARIOUS OTHER COMMUNITY NEEDS PROJECTS IN THE AMOUNT OF $107,244 IN 2023. A VOLUNTEER BOARD OF DIRECTORS REVIEWED APPLICATIONS AND APPROVED GRANTS. THERE WERE ADMINISTRATIVE EXPENSES PAID OUT FROM OPERATION ROUND-UP FUNDS IN THE AMOUNT OF $4,785 IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Nicklay Director | 1 | $0 | |
Janet Hoffmann Vice Chair | 1 | $0 | |
Judy Plank Chair | 2 | $0 | |
Brenna Scanlan Director | 1 | $0 | |
Ron Pickett Secretary/treasurer | 1 | $0 | |
Marsha Kohn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,020 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,020 |
| 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 | $4,616 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $169 |
| Total expenses | $112,029 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,630 |
| Other assets | $0 |
| Total assets | $58,237 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,237 |