Herman Foundation Of Mn

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

EIN: 411464208 ✦ Alexandria, MN ✦ Designated as a 501(c)(3)

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Overview

What is Herman Foundation Of Mn?

Herman Foundation of MN is a nonprofit organization situated in Alexandria, Minnesota. Its primary objective is to improve the wellbeing of the local community by investing in various sectors such as economics, education, social services, culture, religion, recreation, aesthetics, and history. The foundation accomplishes this goal by raising funds and transferring them to Herman Development Corp, which is responsible for building a Community Center in Herman, MN. By doing so, Herman Foundation of MN plays a vital role in enhancing community life and fostering social and cultural development.

Is Herman Foundation Of Mn legitimate?

Herman Foundation Of Mn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herman Foundation Of Mn 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 Herman Foundation Of Mn?

The Herman Foundation of MN is committed to improving the community's quality of life. They achieve this goal by offering support in various sectors, including economic, educational, social services, cultural, religious, recreational, aesthetic, and historical initiatives. The foundation actively raises funds for these initiatives, directing them towards the construction of a Community Center in Herman, MN, through the Herman Development Corp. Their primary objective is to contribute positively to the well-being and growth of their community.

Who is the CEO of Herman Foundation Of Mn?

Ken Werk is the President of Herman Foundation Of Mn.

What is the revenue of Herman Foundation Of Mn?

Herman Foundation Of Mn's revenue in 2022 was $44,848.

Who are the executives of Herman Foundation Of Mn and what are their salaries?


Here are 9 key members and their salaries:


Ken Werk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Oachs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Blume (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Lennox (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vonna Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roselyn Giese (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Strand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Herman Foundation Of Mn?

Herman Foundation Of Mn's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Herman Foundation Of Mn

The Herman Foundation of MN is committed to improving the community's quality of life. They accomplish this by providing financial support to various initiatives that encompass economic, educational, social services, cultural, religious, recreational, aesthetic, and historical aspects. One of their notable projects involves funding the construction of a Community Center in Herman, MN. They achieve this by collecting contributions and transferring the funds to Herman Development Corp. This foundation, located in Alexandria, MN, is dedicated to bettering the community through diverse programs and projects.

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Impact




August, 2024

The Herman Foundation of MN enhances the quality of life in the community by supporting various initiatives such as economic development, education, social services, cultural events, religious activities, recreational programs, and historical preservation. Their primary project involves funding the construction of a Community Center in Herman, MN, by gathering contributions and transferring the funds to the Herman Development Corp. Located in Alexandria, MN, this foundation plays a vital role in fostering growth and community well-being in the region.




This information is meant to be a general summary of Herman Foundation Of Mn. 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
$44,848 (2022)
Expenses
$41,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,860
  • Gross Receipts: $44,848

Assets and Liabilities:

  • Total Assets: $52,032
  • Total Liabilities: $0
  • Net Assets: $52,032

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Organization Details

Principal Officer

Ken Werk

Main Address

C/O KEN WERK 634 GARDEN DR SW, ALEXANDRIA, MN, 56308

NTEE Category

Code: Z99 - Unknown

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