Best Of Waseca Inc is located in Waseca, MN. The organization was established in 2003. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Best Of Waseca 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 12/2022, Best Of Waseca Inc generated $16.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $11.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
ASSIST / PROVIDE FUNDING OF PROJECTS FOR THE BETTERMENT OF THE COMMUNITY OF WASECA, MN. VISION 2030 PROJECT INCOME AND EXPENSES INCLUDED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Srp Director | 1 | $0 | |
Marley Rohwer Director | 1 | $0 | |
Chas Benson Director | 1 | $0 | |
Jason Casey Director | 1 | $0 | |
Bob Hoffman President | 1 | $0 | |
Gregg Johnson Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,150 |
| 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 | $16,150 |
| 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 | $10,507 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,439 |
| Total expenses | $11,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,766 |
| Other assets | $0 |
| Total assets | $5,766 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,766 |
Over the last fiscal year, Best Of Waseca Inc has awarded $473,771 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WASECA PURPOSE: TINK'S FIELD BASEBALL PROJECT | $119,455 |
WASECA COUNTY PURPOSE: WASECA VETERANS MEMORIAL PROJECT | $354,316 |