Austin Community Education Fund

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

EIN: 363611263 ✦ Austin, MN ✦ Designated as a 501(c)(3)

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Overview

What is Austin Community Education Fund?

The Austin Community Education Fund, located at 329 North Main Street 102, Austin, Minnesota 55912, is a charitable organization established by the Austin Area Chamber of Commerce. Its primary mission is to provide scholarships to residents of Austin and its surrounding area. The fund aims to empower individuals by offering financial assistance for their educational pursuits, thereby enhancing the community's overall development.

Is Austin Community Education Fund legitimate?

Austin Community Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Community Education Fund 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: $0

For more financial information, click here

What is the mission statement of Austin Community Education Fund?

The Austin Community Education Fund was established with the objective of providing scholarships to residents of Austin, Minnesota, and the surrounding area. This initiative is facilitated through the Austin Area Chamber of Commerce. The mission of the Austin Community Education Fund is to empower local individuals by providing them with financial aid for their education, thereby fostering personal growth and development. By offering scholarships, the fund aims to break down financial barriers and enable deserving individuals to pursue their academic goals.

Who is the CEO of Austin Community Education Fund?

Justin Akkerman is the Chairman of Austin Community Education Fund.

What is the revenue of Austin Community Education Fund?

Austin Community Education Fund's revenue in 2022 was $8,390.

Who are the executives of Austin Community Education Fund and what are their salaries?

There 26 volunteers at Austin Community Education Fund.


Here are 3 key members and their salaries:


Justin Akkerman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Klapperich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Austin Community Education Fund?

Austin Community Education Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Austin Community Education Fund

The Austin Community Education Fund, a notable organization, was established with the purpose of providing financial aid in the form of scholarships to residents hailing from Austin, Minnesota, and its surrounding areas. This initiative was spearheaded by the Austin Area Chamber of Commerce. The mission of this nonprofit is centered around empowering local individuals by providing them with the necessary educational resources, thereby fostering personal growth and development within the community.

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Impact




October, 2024

The Austin Community Education Fund significantly impacts the local community by providing scholarships to residents of Austin, Minnesota, and the surrounding area. This initiative enables individuals to pursue educational opportunities that might otherwise be financially unattainable, thereby promoting higher education and skill development in the region.

By supporting local residents, the fund fosters a more educated workforce, which can lead to increased economic growth and stability in the community. Recipients of these scholarships gain access to resources and training that empower them to enhance their careers and contribute more effectively to society. Furthermore, the fund strengthens community ties by nurturing local talent and encouraging lifelong learning, ultimately benefiting Austin and its surrounding areas.




This information is meant to be a general summary of Austin Community Education Fund. 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
$8,390 (2022)
Expenses
$7,274 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,070
  • Gross Receipts: $8,390

Assets and Liabilities:

  • Total Assets: $46,881
  • Total Liabilities: $0
  • Net Assets: $46,881

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Organization Details

Founding Year

1988

Principal Officer

Justin Akkerman

Main Address

329 NORTH MAIN STREET 102, AUSTIN, MN, 55912

NTEE Category

Code: B82 - Education

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