Heritage Foundation

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

EIN: 411275875 ✦ Karlstad, MN ✦ Designated as a 501(c)(3)

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Overview

What is Heritage Foundation?

The Heritage Foundation is a nonprofit organization that serves as a K-12 religious school, offering both religious and secular education to an average of 40 students. Its primary goal is to function as a comprehensive religious educational institution for children in these age groups.

Is Heritage Foundation legitimate?

Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage 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: $12,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,487

For more financial information, click here

What is the mission statement of Heritage Foundation?

The Heritage Foundation serves as a K-12 Religious School, offering both religious and secular instruction to an average of 40 students. Their mission is centered around this educational role, aiming to function effectively as a comprehensive K-12 educational institution with a religious focus.

Who is the CEO of Heritage Foundation?

Terry Soltvedt is the Treasurer of Heritage Foundation.

What is the revenue of Heritage Foundation?

Heritage Foundation's revenue in 2022 was $228,919.

Who are the executives of Heritage Foundation and what are their salaries?

The average compensation at Heritage Foundation during 2022 was $8,459. There are 16 employees and 6 volunteers at Heritage Foundation.


Here are 9 key members and their salaries:


Mark Hanson (Administrator)
  • Compensation: $12,854
  • Related: $0
  • Other: $0
Ron Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Aakre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Dagen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wikstrom (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Steien (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Erkees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Soltvedt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heritage Foundation?

Heritage Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Heritage Foundation

The Heritage Foundation serves as a K-12 religious school, offering both religious and secular instruction to an average of 40 students. Its mission is to function as a comprehensive educational institution, focused on the development of K-12 students. The organization is dedicated to providing a well-rounded educational experience, combining religious teachings with secular subjects, thereby fostering a holistic learning environment for its students.

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Impact




October, 2024

The Heritage Foundation plays a significant role in the education landscape by providing both religious and secular instruction to K-12 students. Located in Karlstad, MN, it serves an average of 40 students, embodying its mission as a K-12 religious school. By integrating religious values with academic education, the foundation fosters a unique learning environment that aligns with the beliefs and goals of the families it serves.

This dual approach to education not only enhances students' academic knowledge but also strengthens their moral and ethical foundations, preparing them for both personal and community engagement. The Heritage Foundation's impact is evident in the development of well-rounded individuals who are equipped with critical thinking and decision-making skills rooted in their faith. Through its commitment to education, it contributes to shaping the future of its students and the broader community.




This information is meant to be a general summary of Heritage 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
$228,919 (2022)
Expenses
$231,617 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Program Service Revenue: $82,602
  • Gross Receipts: $228,919

Assets and Liabilities:

  • Total Assets: $141,080
  • Total Liabilities: $0
  • Net Assets: $141,080

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$82,602

Organization Details

Founding Year

1976

Principal Officer

Terry Soltvedt

Main Address

PO BOX 300, KARLSTAD, MN, 56732

NTEE Category

Code: B24 - Education

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