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Minnesota State Auctioneers Foundation

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

EIN: 263754367 ✦ St cloud, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota State Auctioneers Foundation?

The Minnesota State Auctioneers Foundation is a nonprofit organization committed to fostering education and offering scholarships to its members. They achieve this by inviting educational speakers at meetings and conferences, providing classes, and offering donations from the President. A significant part of their mission involves awarding scholarships to two deserving students, thereby contributing to their members' educational growth.

Is Minnesota State Auctioneers Foundation legitimate?

Minnesota State Auctioneers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota State Auctioneers Foundation 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.

What is the mission statement of Minnesota State Auctioneers Foundation?

The Minnesota State Auctioneers Foundation's mission is centered around providing educational opportunities and scholarships to its members. They achieve this by inviting educational speakers at meetings and conferences, offering classes, and providing scholarships from the foundation's resources, including donations from the President. The foundation's primary goal is to support the continued learning and development of its auctioneers.

Who is the CEO of Minnesota State Auctioneers Foundation?

Glenn Trautmann Ii is the President of Minnesota State Auctioneers Foundation.

What is the revenue of Minnesota State Auctioneers Foundation?

Minnesota State Auctioneers Foundation's revenue in 2023 was $56,827.

Who are the executives of Minnesota State Auctioneers Foundation and what are their salaries?


Here are 13 key members and their salaries:


Glenn Trautmann Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Schultz (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Maring (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Imholte (Executive Vi)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Fredic Wiese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Caruso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
P J Fanberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaija Kokesh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kerkhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Grafe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Connolly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Kellemeyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Stumpf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Minnesota State Auctioneers Foundation?

Minnesota State Auctioneers Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Minnesota State Auctioneers Foundation

The Minnesota State Auctioneers Foundation is committed to furthering the education and professional development of its members. It achieves this goal by inviting educational speakers at meetings and conferences, offering donations from the President, and conducting classes specifically for its members. One of the foundation's key initiatives is providing scholarships to two deserving students, contributing to their higher education. By investing in its members' education and growth, the Minnesota State Auctioneers Foundation aims to foster a strong and knowledgeable community of auctioneers.

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Impact




August, 2024

The Minnesota State Auctioneers Foundation has a significant impact on its members by providing education and scholarships through various programs. This includes educational speakers at meetings and conferences, donations from the President, and classes for members. Additionally, the foundation offers scholarships for education to two students, enabling them to further their professional development and achieve their academic goals. This support demonstrates the foundation's commitment to philanthropy and the advancement of its members in the auctioneering industry.




This information is meant to be a general summary of Minnesota State Auctioneers 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
$56,827 (2023)
Expenses
$113,844 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $23
  • Gross Receipts: $90,193

Assets and Liabilities:

  • Total Assets: $119,786
  • Total Liabilities: $1,662
  • Net Assets: $118,124

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Organization Details

Principal Officer

Glenn Trautmann Ii

Main Address

8160 COUNTY ROAD 138, ST CLOUD, MN, 56301

NTEE Category

Code: T30 - Philanthropy

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