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Minot Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010589927 ✦ Minot, ND ✦ Designated as a 501(c)(3)

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Overview

What is Minot Community Foundation?

The Minot Community Foundation is a nonprofit organization committed to enhancing public welfare. Through grant-making, they support and strengthen both public institutions and charitable organizations, as well as individual initiatives. Their mission is centered around this objective, aiming to promote and advance community well-being.


Official website here: www.centerforcommunitygiving.com

Is Minot Community Foundation legitimate?

Minot Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minot Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $106,575
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,765

For more financial information, click here


Official website here: www.centerforcommunitygiving.com

What is the mission statement of Minot Community Foundation?

The Minot Community Foundation, as an organization, is committed to its mission of enhancing public well-being. It achieves this by granting funds to both public organizations and individuals operating in a charitable capacity. The primary goal of the foundation is to support these entities, thereby contributing to the betterment of the community at large. By providing financial aid, the Minot Community Foundation aims to foster growth and development in various sectors, ultimately improving the overall quality of life for the community.


Official website here: www.centerforcommunitygiving.com

Who is the CEO of Minot Community Foundation?

Reed Argent is the Chairman Of The Board of Minot Community Foundation.


Official website here: www.centerforcommunitygiving.com

What is the revenue of Minot Community Foundation?

Minot Community Foundation's revenue in 2022 was $2,217,446.


Official website here: www.centerforcommunitygiving.com

Who are the executives of Minot Community Foundation and what are their salaries?

The average compensation at Minot Community Foundation during 2022 was $63,447. There are 3 employees at Minot Community Foundation.


Here are 12 key members and their salaries:


Reed Argent (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Johnson (Finance & Investment Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Olson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mihalick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Radke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Probst (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Harris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Coughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Mackner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Wald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Zimmerman (President)
  • Compensation: $106,575
  • Related: $0
  • Other: $3,197


Official website here: www.centerforcommunitygiving.com

Where can I find the form 990 for Minot Community Foundation?

Minot Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerforcommunitygiving.com

Learn more at the official website: www.centerforcommunitygiving.com

Mission Statement of Minot Community Foundation

The Minot Community Foundation, as a dedicated organization, is committed to enhancing public well-being. It achieves this mission by granting funds to various public and charitable entities and individuals. By doing so, the Minot Community Foundation plays a significant role in supporting and improving the overall welfare of the community.

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Impact




October, 2024

The Minot Community Foundation has a significant impact on public well-being in Minot, North Dakota. By providing grants to public and charitable organizations, as well as individuals, it fosters community improvement and enhances the quality of life for residents. These grants support a range of initiatives that address local needs, promote social welfare, and encourage community engagement. Through its dedicated efforts, the foundation plays a crucial role in creating a stronger, more vibrant Minot.




This information is meant to be a general summary of Minot Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,217,446 (2022)
Expenses
$1,930,336 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,078,073
  • Gross Receipts: $13,671,913

Assets and Liabilities:

  • Total Assets: $35,204,821
  • Total Liabilities: $1,902,642
  • Net Assets: $33,302,179

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Organization Details

Founding Year

2000

Principal Officer

Reed Argent

Main Address

606 BURDICK EXPRESSWAY W STE A, MINOT, ND, 58701

NTEE Category

Code: S20 - Community improvement

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