Ely Educational Foundation Inc

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

EIN: 411622190 ✦ Ely, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ely Educational Foundation Inc?

Ely Educational Foundation Inc is a nonprofit organization situated in Ely, Minnesota. Their primary focus is to support the educational growth of students attending Ely Memorial High School and other schools within School District 696. They achieve this by providing financial assistance to run extracurricular activities such as sports teams, art, science, and industrial arts departments, along with various school and youth-related projects. Their core mission is to improve and advance the educational opportunities for current and future graduates in the Ely area, while also promoting the local schools.

Is Ely Educational Foundation Inc legitimate?

Ely Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ely Educational Foundation Inc 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 Ely Educational Foundation Inc?

The Ely Educational Foundation Inc's mission is centered around improving and fostering educational opportunities for current and future graduates of Ely Memorial High School. The organization supports special projects within the local school district and works to elevate the reputation of the schools within the Ely area. Through financial contributions, they assist in covering the expenses of running sports teams, arts, science, and industrial arts departments, among other school and youth-related projects, ultimately benefiting the students of Ely High School.

Who is the CEO of Ely Educational Foundation Inc?

Robert Latourell Jr is the President of Ely Educational Foundation Inc.

What is the revenue of Ely Educational Foundation Inc?

Ely Educational Foundation Inc's revenue in 2023 was $114,488.

Who are the executives of Ely Educational Foundation Inc and what are their salaries?

There 12 volunteers at Ely Educational Foundation Inc.


Here are 9 key members and their salaries:


Darlene Nemanich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Heiman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Durham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Anderson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Turnbull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Latourell Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Petrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ely Educational Foundation Inc?

Ely Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ely Educational Foundation Inc

Ely Educational Foundation Inc is committed to enhancing and advancing the educational opportunities of current and future students at Ely Memorial High School. This nonprofit organization aims to support special projects within the School District 696 and promote the schools in the Ely area. To achieve this mission, Ely Educational Foundation Inc provides contributions to help cover the expenses associated with running sports teams, art, science, and industrial arts departments, as well as other school and youth-related projects. These initiatives are designed to benefit the students of Ely High School, ultimately contributing to their overall educational experience.

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Impact




October, 2024

Ely Educational Foundation Inc significantly enhances and advances educational opportunities for current and future graduates of Ely Memorial High School. By providing vital contributions, the foundation supports a variety of essential programs such as sports teams, art, science, and industrial arts departments. These efforts not only enrich the educational experience for students but also foster engagement and development in extracurricular activities.

Through its commitment to special projects within the School District 696, the foundation plays a crucial role in promoting the schools in the Ely area. By investing in these initiatives, it helps ensure that students have access to a well-rounded education and a diverse array of resources, ultimately benefiting the entire community and preparing students for future success.




This information is meant to be a general summary of Ely Educational Foundation Inc. 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
$114,488 (2023)
Expenses
$144,923 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $47,847
  • Gross Receipts: $114,488

Assets and Liabilities:

  • Total Assets: $1,085,773
  • Total Liabilities: $0
  • Net Assets: $1,085,773

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Organization Details

Principal Officer

Robert Latourell Jr

Main Address

PO BOX 373, ELY, MN, 55731

NTEE Category

Code: B80 - Education

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