Minnesota Telecom Alliance Foundation
- Assets
- $216.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/2009
- Data as of
- 09/2023
- EIN
- 26-3619795
Organization Overview
Minnesota Telecom Alliance Foundation is located in Minneapolis, MN. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Telecom Alliance 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 09/2023, Minnesota Telecom Alliance Foundation generated $13.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $8.3k during the year ending 09/2023. 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
DURING THE CURRENT YEAR, THE FOUNDATION'S SCHOLARSHIP PROGRAM AWARDED FIVE SCHOLARSHIPS FOR THE 2022-2023 ACADEMIC YEAR. RECIPIENTS OF THE SCHOLARSHIPS ARE HIGH SCHOOL STUDENTS SELECTED FROM THE SERVICES AREAS OF THE ASSOCIATION'S MEMBERS. SELECTION CRITERIA INCLUDES COMPLETION OF AN APPLICATION, ACADEMIC INFORMATION, AN ESSAY WRITTEN BY EACH APPLICANT, AND APPRAISALS BY TWO OFFICIALS FROM AN APPLICANT'S SCHOOL. THE APPRAISAL ADDRESSES CHARACTER, PERSONALITY, SKILLS AND OTHER RELEVANT INFORMATION CONCERNING THE APPLICANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ehmke Board Chair | 1 | $0 | |
Cheryl Scapanski Director | 1 | $0 | |
Shelly Geerdes Director | 1 | $0 | |
Kevin Beyer Director | 1 | $0 | |
Steve Katka Vice Chair Thru March / Director | 1 | $0 | |
Dave Wolf Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,965 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,643 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,608 |
| 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 | $25 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $250 |
| Total expenses | $8,275 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $209,515 |
| Other assets | $0 |
| Total assets | $216,425 |
| Total liabilities | $14,000 |
| Net assets or fund balances | $202,425 |