Rochester Sports Foundation
- Assets
- $205.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, MN
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 84-2551350
Organization Overview
Rochester Sports Foundation is located in Lake City, MN. The organization was established in 2020. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Sports Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING INVESTMENTS INTO SPORTS AND RECREATION FACILITIES IN ROCHESTER, MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Shulman Vice President | 1 | $0 | |
Christopher Terry President | 1 | $0 | |
Joe Powers Secretary | 1 | $0 | |
Douglas Holtan Treasurer | 1 | $0 | |
Ed Hruska Director | 15 | $0 | |
Chad Behnken Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,757 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,000 |
| Other Revenue | $0 |
| Total Revenue | $90,227 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,118 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,379 |
| Total expenses | $60,247 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,524 |
| Other assets | $0 |
| Total assets | $205,413 |
| Total liabilities | $7,437 |
| Net assets or fund balances | $197,976 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rochester Sports Foundation has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Mayo Clinic Rochester, MN PURPOSE: SUPPORT RESEARCH PROGRAM | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sherburne County Snowmobile Trail Association Elk River, MN | $468,435 | $50,547 |
Rochester Sports Foundation Lake City, MN | $205,413 | $0 |
Steele Community Swimming Pool Steele, ND | $61,298 | $0 |
Fields For Our Future Inc Pella, IA | $350,683 | $0 |
Friends Of Council Grounds State Park Merrill, WI | $33,225 | $0 |