Sertoma Inc is located in Minot, ND. The organization was established in 1964. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Sertoma 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 06/2021, Sertoma Inc generated $83.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $77.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Sowitch Chairman | 1 | $0 | |
Paul Gillund President | 1 | $0 | |
Dave Gowan President El | 1 | $0 | |
Rich Berg 2nd Vice Pre | 1 | $0 | |
Jennifer Castro 3rd Vice Pre | 1 | $0 | |
Kylene Askvig Sergeant At | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $0 |
Membership dues | $15,182 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $67,695 |
Other Revenue | $0 |
Total Revenue | $83,381 |
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 | $1,547 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,756 |
Total expenses | $77,635 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,327 |
Other assets | $0 |
Total assets | $30,327 |
Total liabilities | $0 |
Net assets or fund balances | $30,327 |
Over the last fiscal year, we have identified 2 grants that Sertoma Inc has recieved totaling $24,171.
Awarding Organization | Amount |
---|---|
Minot Community Foundation Minot, ND PURPOSE: TO ASSIST THE ORGANIZATION FOR THE CARRYING OUT OF ITS TAX EXEMPT MISSION. | $19,171 |
St Josephs Foundation Minot, ND PURPOSE: PROVIDE AN INDUCTION LOOP AT THE MSU AMPHITHEATRE FOR THE HEARING IMPAIRED | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Bozeman Deaconess Foundation Bozeman, MT | $46,305,218 | $4,373,861 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |
Morgan Memorial Foundation Inc Morgan, MN | $3,017,509 | $3,804,451 |
Nexus Community Partners Saint Paul, MN | $15,080,839 | $10,294,112 |
Eagle Mount - Bozeman Bozeman, MT | $10,240,049 | $4,315,685 |
Laboure Society Eagan, MN | $5,263,561 | $3,075,426 |
Microgrants Minneapolis, MN | $2,657,136 | $3,778,207 |
Kalispell Regional Healthcare Foundation Kalispell, MT | $20,715,347 | $6,239,558 |
Lyngblomsten Foundation St Paul, MN | $9,921,930 | $4,629,978 |
Northfield Shares Northfield, MN | $6,683,672 | $4,121,313 |
Millicent Merle Atkins Charitable Tr Aberdeen, SD | $36,649,151 | $3,459,076 |
Abbott Northwestern Hospital Foundation Minneapolis, MN | $0 | $1,364,520 |