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Itasca-Mantrap Co-Op Electrical Ass'N Trust

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

EIN: 205048055 ✦ Park rapids, MN ✦ Designated as a 501(c)(3)

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Overview

What is Itasca-Mantrap Co-Op Electrical Ass'N Trust?

The Itasca-Mantrap Co-Op Electrical Ass'N Trust is a charitable organization, based within the service area of Itasca-Mantrap Co-Op Electrical Association. Their primary objective is to collect voluntary contributions from association members, utilizing a program called Operation Round Up. Funds raised are then distributed to local organizations, serving both charitable and educational purposes. The trust collects funds solely through the generous contributions of cooperative members and other resources. Their mission is to support their community by accumulating and distributing these funds for the betterment of the area.


Official website here: www.itasca-mantrap.com/content/operation-round

Is Itasca-Mantrap Co-Op Electrical Ass'N Trust legitimate?

Itasca-Mantrap Co-Op Electrical Ass'N Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itasca-Mantrap Co-Op Electrical Ass'N Trust submitted a form 990EZ, 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.


Official website here: www.itasca-mantrap.com/content/operation-round

What is the mission statement of Itasca-Mantrap Co-Op Electrical Ass'N Trust?

The Itasca-Mantrap Co-Op Electrical Ass'N Trust's mission is to collect funds from the members of the Itasca-Mantrap Co-Op Electrical Association through voluntary contributions and Operation Round Up. These funds are then distributed to charitable and educational organizations within their service territory. The organization serves as a resource for providing monetary assistance to these organizations, with the aim of contributing to the betterment of their community. The Trust accumulates and distributes funds solely for charitable and educational purposes, ensuring that a portion of the cooperative members' contributions positively impacts their local community.


Official website here: www.itasca-mantrap.com/content/operation-round

Who is the CEO of Itasca-Mantrap Co-Op Electrical Ass'N Trust?

Christine Longfors is the Treasurer of Itasca-Mantrap Co-Op Electrical Ass'N Trust.


Official website here: www.itasca-mantrap.com/content/operation-round

What is the revenue of Itasca-Mantrap Co-Op Electrical Ass'N Trust?

Itasca-Mantrap Co-Op Electrical Ass'N Trust's revenue in 2022 was $93,441.


Official website here: www.itasca-mantrap.com/content/operation-round

Who are the executives of Itasca-Mantrap Co-Op Electrical Ass'N Trust and what are their salaries?


Here are 7 key members and their salaries:


Al Judson (Chair)
  • Compensation: $150
  • Related: $0
  • Other: $0
Richard Magaard (Director)
  • Compensation: $150
  • Related: $0
  • Other: $0
Christine Longfors (Treasurer)
  • Compensation: $150
  • Related: $0
  • Other: $0
Rhonda Lageson (Director)
  • Compensation: $75
  • Related: $0
  • Other: $0
Carol Winskowski (Secretary)
  • Compensation: $150
  • Related: $0
  • Other: $0
Ron Ahmann (Vice Chair)
  • Compensation: $150
  • Related: $0
  • Other: $0
Jennifer Magnussen (Director)
  • Compensation: $150
  • Related: $0
  • Other: $0


Official website here: www.itasca-mantrap.com/content/operation-round

Where can I find the form 990EZ for Itasca-Mantrap Co-Op Electrical Ass'N Trust?

Itasca-Mantrap Co-Op Electrical Ass'N Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.itasca-mantrap.com/content/operation-round

Learn more at the official website: www.itasca-mantrap.com/content/operation-round

Mission Statement of Itasca-Mantrap Co-Op Electrical Ass'N Trust

Itasca-Mantrap Co-Op Electrical Ass'N Trust is an organization with a mission to collect voluntary contributions from its members, primarily from the Itasca-Mantrap Co-Op Electrical Association. Their primary objective is to utilize these funds for charitable and educational purposes within their service territory. The trust operates based on the principle of Operation Round Up, where members voluntarily round up their electricity bills to the nearest dollar, with the extra change going towards the trust's charitable endeavors. Additionally, the trust seeks to raise funds from various sources beyond member contributions to support its mission. The Itasca-Mantrap Co-Op Electrical Ass'N Trust's mission is to distribute these funds to deserving organizations, aiming to positively impact the community within its service territory.

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Impact




October, 2024

Itasca-Mantrap Co-Op Electrical Ass'n Trust plays a significant role in enhancing the community through its financial support for local organizations. By collecting voluntary contributions from members of the Itasca-Mantrap Co-Op Electrical Association, the Trust is able to provide monetary assistance specifically aimed at charitable and educational initiatives within its service territory. This funding not only fosters community improvement but also addresses diverse local needs, empowering organizations to undertake projects that benefit residents and enhance overall quality of life. The Trust's reliance on Operation Round Up contributions underscores a collaborative spirit, inviting cooperative members to actively participate in shaping their community by supporting initiatives that resonate with them.




This information is meant to be a general summary of Itasca-Mantrap Co-Op Electrical Ass'N Trust. 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
$93,441 (2022)
Expenses
$107,063 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $224
  • Gross Receipts: $93,441

Assets and Liabilities:

  • Total Assets: $23,420
  • Total Liabilities: $0
  • Net Assets: $23,420

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Organization Details

Principal Officer

Christine Longfors

Main Address

PO BOX 192, PARK RAPIDS, MN, 564700192

NTEE Category

Code: S12 - Community improvement

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