Kandiyohi Power Charitable Tr is located in Spicer, MN. The organization was established in 2000. 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. Kandiyohi Power Charitable Tr 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, Kandiyohi Power Charitable Tr generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2023. 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
ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING EMERGENCY ENERGY ASSISTANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Whetston Trustee | 0.35 | $0 | |
Shelli Peterson Trustee | 0.35 | $0 | |
Al Boonstra Trustee | 0.35 | $0 | |
Nancy Powers Trustee | 0.35 | $0 | |
Lisa Weckwerth Trustee | 0.35 | $0 | |
Janelle Neubauer Trustee | 0.35 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $99 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,589 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $326 |
| Total expenses | $58,576 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,479 |
| Other assets | $0 |
| Total assets | $35,479 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,479 |