First Alliance Credit Union Foundation Inc is located in Stewartville, MN. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. First Alliance Credit Union Foundation 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 12/2023, First Alliance Credit Union Foundation Inc generated $41.1k in total revenue. All expenses for the organization totaled $23.6k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORTED 6 ORGANIZATIONS DURING THE 2023 YEAR WITH AMOUNTS RANGING FROM 15003000
WE HAD OUR FIRST FUNDRAISER IN 2023 WHICH INCURRED COSTS FOR THE LOCATION ENTERTAINMENT AND FOOD
ACCOUNTING FEES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenna Taubel Director | 1 | $0 | |
Leanne Trom President | 1 | $0 | |
Lisett Comai-Legrand Secretary | 1 | $0 | |
Tricia Jensen Treasurer | 1 | $0 | |
Gena Anderson Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $41,099 |
| Interest on Savings | $44 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,143 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,570 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $23,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,753 |
| Savings and temporary cash investments | $5 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,758 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, First Alliance Credit Union Foundation Inc has awarded $13,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB PURPOSE: YOUTH PROGRAMS MEALS AND SKILLS | $2,000 |
BEAR CREEK SERVICES PURPOSE: UPDATE FACILITIES ACCESSIBILITY | $2,000 |
JEREMIAH PROGRAM ROCHESTER PURPOSE: HELPING SINGLE MOTHERS AND KIDS | $2,000 |
ROCHESTER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION PURPOSE: SCHOLARSHIP FOR UNDERSERVED | $2,500 |
CHANNEL ONE REGIONAL FOOD BANK PURPOSE: FOOD PANTRY | $3,000 |
FAMILY SERVICE ROCHESTER PURPOSE: SENIOR MEALS PROGRAM | $1,500 |