Overview
What is Minnesota Counties Foundation?
Minnesota Counties Foundation is a 501(c)(3) nonprofit organization situated in St. Paul, Minnesota. With a mission to promote county governance, they actively engage in research and education. Their primary objective is to provide scholarships to individuals and related organizations at the county level. Established with a nonpartisan approach, the Minnesota Counties Foundation plays a significant role in fostering knowledge and development within county administration.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Minnesota Counties Foundation has received a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and transparency. With an overall score of 82%, the organization demonstrates strong financial health and governance practices, such as having an entirely independent board of directors and a robust audit and oversight committee.
Strengths of the foundation include a high program expense ratio of 99.06%, which suggests that the majority of its expenses are directed towards its mission and programs rather than administrative costs. Additionally, the foundation has shown no material diversion of assets and maintains a favorable liabilities to assets ratio of 1.61%, reflecting its financial stability.
While the foundation performs well in key areas, the overall rating leaves room for improvement in various aspects to enhance its impact and outreach further. Continuous efforts in transparency and communication with stakeholders can also strengthen its reputation and efficacy in serving Minnesota's counties.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Counties Foundation legitimate?
Minnesota Counties Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Counties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,596
For more financial information, click here
What is the mission statement of Minnesota Counties Foundation?
The Minnesota Counties Foundation is a nonpartisan, 501(C)(3) organization, committed to enhancing county governance. It achieves this goal through conducting research and providing education. The organization's primary mission is to offer scholarships to individuals and related organizations operating at the county level. By doing so, it aims to foster growth and development within county-level organizations, thereby contributing to effective county governance.
Who is the CEO of Minnesota Counties Foundation?
Julie Ring is the Immediate Past President of Minnesota Counties Foundation.
What is the revenue of Minnesota Counties Foundation?
Minnesota Counties Foundation's revenue in 2022 was $541,334.
Who are the executives of Minnesota Counties Foundation and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $179,305
- Other: $25,177
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- Related: $143,193
- Other: $24,290
Where can I find the form 990 for Minnesota Counties Foundation?
Minnesota Counties Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnesota Counties Foundation
The Minnesota Counties Foundation, a nonpartisan 501(C)(3) organization, is committed to advancing county governance through the conduit of research and education. Its mission is centered around this goal, aiming to foster a deeper understanding and improvement of county governance through its initiatives. The organization dedicates its resources to this purpose, seeking to provide scholarships to individuals and related organizations operating at the county level. By doing so, the Minnesota Counties Foundation aims to foster growth and progress within county governance, ultimately contributing to a more informed and effective system.
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Impact
July, 2024
The Minnesota Counties Foundation impacts county governance through research and education, striving to enhance the effectiveness and efficiency of local government operations. By providing scholarships to individuals and related organizations at the county level, the foundation supports the development of knowledgeable and skilled leaders within Minnesota's counties. Through its nonpartisan approach, the foundation contributes to the overall well-being and public benefit of the communities it serves.
This information is meant to be a general summary of Minnesota Counties 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,534
- Gross Receipts: $638,054
Assets and Liabilities:
- Total Assets: $1,721,819
- Total Liabilities: $27,817
- Net Assets: $1,694,002
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Organization Details
Founding Year
1970
Phone
(651) 224-3344Principal Officer
Julie Ring
Main Address
125 CHARLES AVENUE, ST PAUL, MN, 55103
NTEE Category
Code: W20B - Public benefit
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