Baudette Community Foundation
- Assets
- $306.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baudette, MN
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 31-1666193
Organization Overview
Baudette Community Foundation is located in Baudette, MN. The organization was established in 1999. 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. Baudette Community 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 12/2021, Baudette Community Foundation generated $97.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $84.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
THIS ORGANIZATION OPERATES AND MAINTAINS A COMMUNITY MOVIE THEATRE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hovde President | 9 | $0 | |
Laurie Baade Sec/treasurer | 9 | $0 | |
Jeffry Stampohar Vice-President | 9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,206 |
| Total Program Service Revenue | $27,074 |
| Membership dues | $0 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,320 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,890 |
| Professional fees and other payments to independent contractors | $3,322 |
| Occupancy, rent, utilities, and maintenance | $24,548 |
| Printing, publications, postage, and shipping | $4,504 |
| Other expenses | $25,977 |
| Total expenses | $84,241 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,240 |
| Other assets | $0 |
| Total assets | $306,240 |
| Total liabilities | $77,673 |
| Net assets or fund balances | $228,567 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |
West Central Initiative Fergus Falls, MN | $80,928,029 | $10,157,757 |
North Dakota Community Foundation Bismarck, ND | $128,952,115 | $14,760,573 |
South Central Iowa Community Foundation Chariton, IA | $15,877,246 | $5,307,597 |
Waukesha County Community Foundation Inc Waukesha, WI | $76,894,981 | $24,718,378 |
Community Foundation Of North Central Wisconsin Inc Wausau, WI | $90,468,531 | $15,305,164 |
Rochester Area Foundation Rochester, MN | $45,116,721 | $11,703,419 |
Womens Foundation Of Minnesota Minneapolis, MN | $30,253,405 | $5,522,981 |
St Croix Valley Foundation Hudson, WI | $77,504,280 | $14,379,195 |
Lacrosse Community Foundation La Crosse, WI | $69,726,999 | $8,261,750 |