Overview
What is Minnesota Association Of Financial Aid Administrators?
The Minnesota Association of Financial Aid Administrators (MAFAA) is a nonprofit organization situated in St. Paul, Minnesota. Its primary objective is to educate and inform its members about changes and updates in financial aid administration. MAFAA's mission is multifaceted, encompassing training, research, advocacy, and fostering a collaborative and inclusive environment for financial aid professionals in Minnesota's higher education sector. The organization aims to support these professionals through quality training opportunities, effective communication, promotion of higher education, and serving as a research and information resource. MAFAA's approach is characterized by collegiality, inclusivity, intentionality, and a student-focused intent, striving to address divisive issues and find inclusive solutions.
Official website here: www.mafaa.org
Is Minnesota Association Of Financial Aid Administrators legitimate?
Minnesota Association Of Financial Aid Administrators is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Association Of Financial Aid Administrators 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.
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Official website here: www.mafaa.org
What is the mission statement of Minnesota Association Of Financial Aid Administrators?
The Minnesota Association of Financial Aid Administrators (MAFAA) is committed to providing training, research, expertise, and advocacy in support of delivering financial aid funds to Minnesota students in a timely, accurate, and ethical manner. Their approach is collaborative, inclusive, and student-focused, aiming to address contentious issues before they lead to division and seeking inclusive solutions for higher education providers in Minnesota. MAFAA's goals include offering quality training opportunities, communicating effectively with constituents, promoting the significance of higher education and financial aid funding, serving as a resource for information on financial aid, and highlighting the impact of financial aid professionals in higher education. Conferences are organized to educate and inform MAFAA members about financial aid administration changes and updates.
Official website here: www.mafaa.org
Who is the CEO of Minnesota Association Of Financial Aid Administrators?
Michael Crider is the President of Minnesota Association Of Financial Aid Administrators.
Official website here: www.mafaa.org
What is the revenue of Minnesota Association Of Financial Aid Administrators?
Minnesota Association Of Financial Aid Administrators's revenue in 2022 was $55,248.
Official website here: www.mafaa.org
Who are the executives of Minnesota Association Of Financial Aid Administrators and what are their salaries?
There 65 volunteers at Minnesota Association Of Financial Aid Administrators.
Here are 13 key members and their salaries:
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Official website here: www.mafaa.org
Where can I find the form 990 for Minnesota Association Of Financial Aid Administrators?
Minnesota Association Of Financial Aid Administrators's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mafaa.org
Learn more at the official website: www.mafaa.org
Mission Statement of Minnesota Association Of Financial Aid Administrators
The Minnesota Association of Financial Aid Administrators (MAFAA) is committed to a mission that prioritizes supporting and training financial aid professionals. This mission is carried out in a collegial, inclusive, intentional, and student-focused manner. MAFAA seeks to address potential divisive issues before they become problematic and aims to find solutions that benefit all providers of higher education in Minnesota.
In pursuit of this mission, MAFAA provides quality training opportunities to its members and related constituencies. These training sessions are designed to educate and inform MAFAA members about updates and changes in financial aid administration. By doing so, MAFAA plays a crucial role in ensuring the timely, accurate, and ethical delivery of financial aid funds to Minnesota students. Additionally, MAFAA serves as a research and information resource for its members, students, and policy makers. This role is instrumental in promoting the value of higher education and the need for adequate student financial aid funding.
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Impact
August, 2024
The impact of the Minnesota Association Of Financial Aid Administrators is evident in its role of providing training, research, expertise, and advocacy to support the timely, accurate, and ethical delivery of financial aid funds to Minnesota students. By focusing on collegiality, inclusivity, intentionality, and student-centeredness, MAFAA works towards addressing divisive issues proactively and seeking solutions that benefit all providers of higher education in Minnesota. Through its conferences and training programs, MAFAA educates and informs its members about financial aid administration changes and updates, ultimately reinforcing the critical role that financial aid professionals play in higher education. Additionally, the organization serves as a research and information resource for members, students, and policymakers, while also promoting the value of higher education and the need for adequate student financial aid funding.
This information is meant to be a general summary of Minnesota Association Of Financial Aid Administrators. 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: $15,026
- Program Service Revenue: $14,172
- Gross Receipts: $110,871
Assets and Liabilities:
- Total Assets: $424,071
- Total Liabilities: $16,800
- Net Assets: $407,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$14,172
Organization Details
Founding Year
1967
Phone
(651) 423-8297Principal Officer
Michael Crider
Main Address
PO BOX 14118, ST PAUL, MN, 551140118
Website
www.mafaa.orgNTEE Category
Code: B51Z - Education
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